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LIC aims for double-digit revenue growth in FY27
23 May 2026

The Life Insurance Corporation of India (LIC) is targeting double-digit revenue growth and margin expansion in FY27.

This comes despite the ongoing geopolitical uncertainty and market volatility.

LIC's CEO and Managing Director R Doraiswamy, said that the company will continue to focus on product mix changes, distribution strategy, and operational efficiency to improve profitability while maintaining growth momentum.

Global crises impact on consumer behavior
Market outlook

Doraiswamy acknowledged the potential impact of global crises on consumer savings and insurance demand. However, he is cautiously optimistic about continued growth trends if conditions stabilize.

The company reported a 42% increase in the value of new business (VNB) for FY26, with VNB margins expanding by around 360 basis points.

Prolonged geopolitical tensions could affect household savings
Future projections

Doraiswamy warned that prolonged geopolitical tensions could affect household savings behavior and life insurance investments.

He refrained from giving guidance but said LIC would aim for at least double-digit growth on the top line.

The company has been focusing on improving profitability since its listing on the stock exchanges, with a strategy involving changes in product mix, distribution mix, and operating efficiency.

LIC's market cap and share performance
Market response

LIC currently has a market capitalization of ₹5,15,487.31 crore. However, its shares have declined by over 3% in the last year.

Doraiswamy said liquidity is one of the key factors affecting LIC's share price performance and that the company recently announced a 1:1 bonus issue and higher dividend payouts to improve market participation and shareholder returns.