Case study

LICI

LIC

Screens attractive
0Score

LIC (LICI) Stock Analysis & Case Study

Is LICI a good buy? The data-driven verdict.

LIC (LICI) trades at ₹442,on the numbers it screens attractive, a Downstox Snapshot Score of 80/100.

On the numbers, LIC (LICI) screens attractive, a Downstox Snapshot Score of 80/100, weighing inexpensive at 9.7× earnings, ROE of 37.8%. Below: the full bull case, bear case, sector-relative valuation, and a probability-weighted price target for 20272031.

Last updated . Data snapshot for research, not investment advice.

The Downstox take on LICI

The puzzle with LICI is the gap between two stories the numbers tell. A P/E near single digits and a 37.8% ROE usually means either a cash machine the market trusts or a giant the market doubts can keep growing. The 2.26% yield and high ROCE suggest real earning power, yet the Piotroski score sitting at the middle of the scale hints the underlying quality trend is mixed. Watch whether margin and accrual quality firm up, since cheapness only rewards you if the franchise stays as strong as the ratios imply.

Downstox editorial view, written by our own analysts. Information, not investment advice.

LICI fundamentals at a glance, PE, PB, ROE, ROCE, market cap, dividend yield

Market cap
₹5.60L Cr
Current price
₹442
P/E ratio
9.7×
P/B ratio
3.16×
Book value
₹140
Dividend yield
2.26%
ROCE
35.1%
ROE
37.8%
Piotroski F-Score
4/9

Is LICI overvalued? LICI P/E vs its Insurance

LICI's P/E of 9.7× sits below the Insurance peer median of 19.5×, so on earnings it screens cheaper than peers, while its 2.26% dividend yield is above the peer median of 1.05%.

LICI P/E
9.7×
Peer median P/E
19.5×
LICI div yield
2.26%
Peer median yield
1.05%

The bull case for LICI

  • Trades at just 9.7× earnings, below the ~22× long-run Nifty average, so the valuation leaves room rather than pricing in perfection.
  • High return on equity (37.8%), the business compounds shareholder capital efficiently, the hallmark of a quality franchise.
  • Strong ROCE (35.1%) shows the core business earns well above its cost of capital.
  • Pays a 2.3% dividend yield, so you're partly paid to wait.

The bear case & risks

  • No model or past record guarantees future returns, treat this as one input, not a decision.

LICI Piotroski F-Score: 4/9, how financially strong is it?

4/9

The Piotroski F-Score grades financial strength on nine profitability, leverage and efficiency checks. LICI scores 4/9,mixed financial health.

LICI MTF margin & leverage, Upstox, Zerodha, Groww, Dhan

Margin Trading Facility lets you buy LICI with part of the capital. Lower margin % = higher leverage. Rates compared across brokers (no competitor publishes this):

BrokerMargin requiredApprox. leverage
Upstox28.2%3.5×
Zerodha24.0%4.2×
Groww24.0%4.2×
DhanCHEAPEST22.0%4.5×

Compare every broker on the LICI MTF page.

LICI vs peers,Insurance comparison

StockP/EDiv yieldMarket cap
LICI (this stock)9.7×2.26%₹5.60L Cr
HDFCLIFE67.8×0.35%₹1.30L Cr
ICICIPRULI45.7×0.33%₹73,464 Cr
RELIANCE23.1×0.45%₹17.95L Cr
TCS14.7×3.01%₹7.69L Cr
HDFCBANK15.9×1.65%₹12.11L Cr

About LIC: sector, index & market-cap context

LIC (LICI) is a large-cap NSE-listed company in the Insurance sector, and a constituent of the Nifty 50 index group, with a market capitalisation of ₹5.60L Cr. See more Nifty 50 stocks.

How the LICI Snapshot Score & forecast are built

The Downstox Snapshot Score is a transparent, rules-based read of LIC's public fundamentals plus a statistical forecast, not an analyst opinion. It rewards low-to-fair valuation, high ROE/ROCE, a strong Piotroski F-Score, a dividend, low volatility and a favourable probability of upside; it penalises rich valuations, weak capital efficiency, a low F-Score and high volatility. The price target is a 10,000-path Monte-Carlo simulation on real historical volatility, a distribution, not a single guess. The bull and bear cases are generated from the same data, so you always see both sides.

This is information, not investment advice. Do your own due diligence and consult a SEBI-registered adviser before investing.

LICI analysis, FAQs

Is LIC (LICI) a good buy?

On the numbers, LIC (LICI) screens attractive, a Downstox Snapshot Score of 80/100, weighing inexpensive at 9.7× earnings, ROE of 37.8%. This is a data snapshot for research, not investment advice.

Is LICI overvalued or undervalued?

LICI trades at 9.7× earnings versus a peer median of 19.5×, so it screens cheaper than its Insurance peers.

What is the bull case for LICI?

Trades at just 9.7× earnings, below the ~22× long-run Nifty average, so the valuation leaves room rather than pricing in perfection. High return on equity (37.8%), the business compounds shareholder capital efficiently, the hallmark of a quality franchise. Strong ROCE (35.1%) shows the core business earns well above its cost of capital.

What are the risks in LICI?

No model or past record guarantees future returns, treat this as one input, not a decision.

More on LICI