HDFC Life Insurance
HDFC Life reported FY26 PAT of ₹1,910 crore and VNB of ₹4,340 crore (+2% YoY), with new business margins at 24.2% (down 140bps YoY) due to GST/surrender value impact (130bps), fixed cost absorption (90bps), and assump...
HDFC Life Insurance vs Piramal Finance Q4 FY26
Side-by-side earnings comparison across verified financials, sentiment, risks, and management commentary.
Piramal Finance
Piramal Finance delivered a strong Q4 FY26, surpassing its FY26 targets.
Result Snapshot
Revenue₹19,890 Cr₹3,424 Cr
PAT₹497 Cr₹502 Cr
EBITDA Margin1%42%
Sentimentneutralbullish
Key Quotes
We have maintained pricing discipline in this segment and while this has had a near-term impact on volumes, it positions us better from a long-term value and margin standpoint.
We have completed our AUM mixed transition with a legacy book down 59% year-on-year to 2,87 crores versus the target of reducing it to 3 to three and a half thousand crores.