LIC Share Price Target 2025,2030,2035,2040

Share of Life Insurance Corporation of India Limited (LIC) is currently trading at around Rs.879/-. Investors are asking for the LIC Share PriceTarget for 2025, 2030, 2035 and 2040. In this article, we will discuss about the business prospects and financial performance of the Company and based on our discussion and analysis will tell you the LIC Share Price Target for 2025, 2030, 2035 and 2040.

Discussion & Analysis of Business & Financial performance with future business prospects of Life Insurance Corporation of India Ltd:

🏢 Current Business Position of LIC

Life Insurance Corporation of India Ltd (LIC), founded in 1956, remains the largest life insurer in India and a dominant force in the financial services sector. As of FY2025, LIC commands a significant market share, serving over 30 crore policyholders and managing assets worth ₹54.5 lakh crore. Despite increasing competition from private insurers, LIC maintains its leadership through its vast distribution network, brand trust, and sovereign guarantee backing from the Government of India.

In FY2025, LIC reported net premium income of ₹4.9 lakh crore, marking a 3% year-on-year growth. Its renewal premiums rose to ₹79,100 crore, indicating strong customer retention. The company’s embedded value—a key metric for life insurers—grew from ₹5.82 lakh crore in March 2023 to ₹7.27 lakh crore in March 20241, reflecting improved profitability and operational strength.

LIC’s agency channel remains its backbone, contributing nearly 90% of new business premiums. However, its bancassurance channel—partnerships with banks—has shown impressive growth, doubling its contribution to 9.9% of individual new business premium in Q4FY25. Operational efficiency has also improved, with commission expenses down 6% and operating expenses reduced by 47%1.

📈 Future Business Prospects

LIC is undergoing a strategic transformation to adapt to evolving market dynamics and consumer preferences. A key shift is its increasing focus on non-participating (non-par) products, which offer higher margins. These products now account for 20% of individual annual premium equivalent (APE), up from 17.7% a year ago. This pivot is expected to drive sustained margin expansion and profitability.

The company has also launched several innovative products in FY2024, including LIC’s Jeevan Utsav, Jeevan Dhara-II, and Amritbaal—all non-par offerings designed to meet diverse customer needs across savings, annuity, and ULIP segments. These products reflect LIC’s intent to modernize its portfolio and appeal to younger, digitally savvy consumers.

Digital transformation is another cornerstone of LIC’s future strategy. The adoption of eKYC, secure online payments, and paperless policy issuance has enhanced customer experience and broadened reach, especially during and after the COVID-19 era. LIC aims to further digitize its operations, making insurance more accessible and convenient.

Looking ahead, LIC’s growth will hinge on:

Accelerating premium recovery and improving persistency ratios
Expanding bancassurance and alternate distribution channels
Enhancing product mix toward high-margin offerings
Maintaining cost discipline and operational efficiency
Navigating interest rate pressures and competitive challenges

Brokerage firms like Motilal Oswal remain optimistic, projecting long-term value creation through LIC’s strategic shifts and reiterating a BUY rating with a target price of ₹1,05,000.

LIC’s legacy, scale, and evolving strategy position it not just as a market leader, but as a resilient and adaptive institution ready to thrive in India’s dynamic insurance landscape.

Share Price Targets:

LIC Share Price Target 2025

Based on the above discussion and analysis, the share price of Life Insurance Corporation of India Ltd may touch the level of around Rs.975-1000 in 2025

LIC Share Price Target 2030

Based on the above discussion and analysis, the share price of Life Insurance Corporation of India Ltd may touch the level of around Rs.2000-2250 in 2030

LIC Share Price Target 2035

Based on the above discussion and analysis, the share price of Life Insurance Corporation of India Ltd may touch the level of around Rs.4500-5000 in 2035

LIC Share Price Target 2040

Based on the above discussion and analysis, the share price of Life Insurance Corporation of India Ltd may touch the level of around Rs.10000-12000 in 2040

Disclaimer:Investments in Capital Market/Share Prices are subject to market fluctuations and are dependent on several factors. These predictions are based on the current market conditions and the future market expectations. Investors are advised to take into consideration all these factors before making any investment in Capital Market. This article should not be treated as Investment advisory and is for general Guidance & Educational purpose only. We keep revising our share price targets based on the latest information available with us. Please keep visiting our website regularly to keep yourself updated. News4You does not offer investment advice and does not encourage any action based on its content.

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