Canara HSBC Life Insurance Company Ltd (CANHLIFE) — share price & stock analysis
Profits have been broadly flat for two years.
Canara HSBC Life Insurance Company Ltd (CANHLIFE) trades at ₹140 as of 1 July 2026. The machine reads this as steady growth: profits have been broadly flat for two years. the price is in Stage 2 — advancing, 35 weeks in; the business cycle reads DEEP CYCLICAL / EXPANSION. Fundamentals-momentum score: 50/100 (mixed).
Data as of 1 July 2026 · every number traces to its Screener source column · not investment advice.
- Market cap
- ₹13,337 Cr
- P/BV
- 8.28×
- ROE
- 8.1%
- Book value / share
- ₹16.9
- Revenue (FY26)
- ₹11,556 Cr
- Profit after tax (FY26)
- ₹127 Cr
- Weinstein stage
- Stage 2 (35 weeks)
- Data as of
- 1 July 2026
Profits swing violently in this business — a 90% peak-to-trough profit collapse. That is what “deep cyclical” means: the same company looks brilliant at the top of its cycle and broken at the bottom.net_profit
Where the clock stands now: earnings sit at 100% of their historical range, margins are near the top of their band, and valuation history is thin. That reads as EXPANSION — the comfortable middle — but the records are already on the table; from here the bet is that they keep coming.net_profit
1 of the 3 things we track are currently moving the right way — some things working, some not.
Where the levels actually stand: ROE 8% — below what a bank must earn to create value; the spread is near its 7-year high. Momentum says which way things are moving; these say where they are.
Read this number for what it is: it measures the DIRECTION of change, not the quality of the business. A mediocre business getting better scores high here; a great one having a soft quarter scores low. Profit, lending and bad loans count double.
Stage 2: the trend is up, and has been for 35 weeks
STAGE 2 · ADVANCING · 35 WEEKSPrice trends have a life cycle: they base (1), advance (2), top out (3) and decline (4). This chart is in Stage 2: advancing — 35 weeks so far, confirmed.stage
The price sits above its rising 200-day average (₹135 today) — trends like this persist more often than they reverse, which is why the system rides them instead of guessing the top.dma_200
What would end it: two Friday closes in a row below the 200-day line. That is the house exit rule — mechanical, no debates.dma_200
Data: Weekly price, moving averages and stage
| Period | Price (₹) | 200-DMA (₹) | 50-DMA (₹) | Stage |
|---|---|---|---|---|
| Oct 25 | 111 | 111 | 111 | 4 |
| Oct 25 | 122 | 112 | 112 | 4 |
| Oct 25 | 116 | 112 | 113 | 4 |
| Nov 25 | 123 | 112 | 114 | 4 |
| Nov 25 | 120 | 113 | 115 | 4 |
| Nov 25 | 123 | 113 | 116 | 2 |
| Nov 25 | 123 | 114 | 118 | 2 |
| Dec 25 | 123 | 114 | 119 | 2 |
| Dec 25 | 122 | 114 | 119 | 2 |
| Dec 25 | 127 | 115 | 120 | 2 |
| Dec 25 | 152 | 116 | 124 | 2 |
| Jan 26 | 150 | 118 | 128 | 2 |
| Jan 26 | 147 | 119 | 132 | 2 |
| Jan 26 | 141 | 120 | 134 | 2 |
| Jan 26 | 147 | 121 | 135 | 2 |
| Feb 26 | 149 | 122 | 137 | 2 |
| Feb 26 | 145 | 124 | 139 | 2 |
| Feb 26 | 152 | 125 | 141 | 2 |
| Feb 26 | 150 | 126 | 143 | 2 |
| Feb 26 | 143 | 127 | 143 | 2 |
| Mar 26 | 146 | 128 | 144 | 2 |
| Mar 26 | 140 | 129 | 144 | 2 |
| Mar 26 | 146 | 130 | 144 | 2 |
| Mar 26 | 142 | 130 | 144 | 2 |
| Apr 26 | 145 | 130 | 144 | 2 |
| Apr 26 | 145 | 131 | 144 | 2 |
| Apr 26 | 150 | 132 | 145 | 2 |
| Apr 26 | 141 | 132 | 145 | 2 |
| Apr 26 | 141 | 133 | 144 | 2 |
| May 26 | 142 | 133 | 144 | 2 |
| May 26 | 135 | 133 | 143 | 2 |
| May 26 | 139 | 134 | 142 | 2 |
| May 26 | 138 | 134 | 141 | 2 |
| Jun 26 | 137 | 134 | 141 | 2 |
| Jun 26 | 138 | 134 | 141 | 2 |
| Jun 26 | 141 | 134 | 141 | 2 |
| Jun 26 | 139 | 134 | 140 | 2 |
| Jun 26 | 138 | 134 | 140 | 2 |
| Jun 26 | 141 | 135 | 140 | 2 |
| Jun 26 | 136 | 135 | 140 | 2 |
| Jun 26 | 135 | 135 | 140 | 2 |
| Jul 26 | 140 | 135 | 140 | 2 |
Profits are at an all-time high
Over 6 years, income went from ₹3,074 Cr to ₹11,556 Cr (about 25% a year), and profit from ₹105 Cr to ₹127 Cr.revenuenet_profit
Margins held steady throughout (99.8–100.0%) — disciplined growth.revenue−interest_expense
Data: Revenue by year
| Period | Revenue (₹ Cr) |
|---|---|
| FY20 | 3,074 |
| FY21 | 9,253 |
| FY22 | 8,496 |
| FY23 | 8,435 |
| FY24 | 11,841 |
| FY25 | 10,710 |
| FY26 | 11,556 |
Data: Profit by year
| Period | Profit after tax (₹ Cr) |
|---|---|
| FY20 | 105 |
| FY21 | 95 |
| FY22 | 10 |
| FY23 | 91 |
| FY24 | 113 |
| FY25 | 117 |
| FY26 | 127 |
Data: Spread % by year
| Period | Spread % (%) |
|---|---|
| FY20 | 99.8 |
| FY21 | 99.9 |
| FY22 | 100.0 |
| FY23 | 100.0 |
| FY24 | 100.0 |
| FY25 | 100.0 |
| FY26 | 100.0 |
Interest income fell 51% — the book is shrinking or repricing down
Mar 26 income was ₹1,374 Cr, down 51% on a year ago. A bank grows by lending more and charging well — this line is both together.revenue
Data: Quarterly interest + fee income
| Period | Income (₹ Cr) | YoY growth (%) |
|---|---|---|
| Sep 24 | 3,323 | – |
| Dec 24 | 1,516 | – |
| Mar 25 | 2,783 | – |
| Jun 25 | 3,632 | – |
| Sep 25 | 2,348 | -29.3 |
| Dec 25 | 4,202 | 177.2 |
| Mar 26 | 1,374 | -50.6 |
The spread is holding
Of every ₹100 of interest the bank earns, ₹0 goes straight out as interest on deposits and borrowings. It keeps ₹100 — unchanged from a year ago.revenueinterest_expense
Data: Share of interest income kept, quarterly
| Period | Spread kept (%) |
|---|---|
| Sep 24 | 100 |
| Dec 24 | 100 |
| Mar 25 | 100 |
| Jun 25 | 100 |
| Sep 25 | 100 |
| Dec 25 | 100 |
| Mar 26 | 100 |
Profit grew 9% year on year
Mar 26 profit was ₹35.0 Cr, up 9% on last year — earnings per share of ₹0.37.net_profiteps
Data: Quarterly profit after tax
| Period | PAT (₹ Cr) | YoY growth (%) |
|---|---|---|
| Sep 24 | 37.0 | – |
| Dec 24 | 29.0 | – |
| Mar 25 | 32.0 | – |
| Jun 25 | 23.0 | – |
| Sep 25 | 41.0 | 10.8 |
| Dec 25 | 28.0 | -3.4 |
| Mar 26 | 35.0 | 9.4 |
The biggest force in the bridge: running costs and provisions.
Data: Where the profit change came from (Mar 25 → Mar 26)
| Component | Effect (₹ Cr) |
|---|---|
| PAT Mar 25 | 32 |
| More interest income | −1,409 |
| Costlier deposits | 0 |
| Running costs & provisions | +1,491 |
| Fees & other income | −78 |
| Tax | −1 |
| PAT Mar 26 | 35 |
The market still prices this bank below its own average
Today you pay ₹8.28 for every ₹1 of book value, against a long-run median of ₹8.50. It has traded cheaper than this only 27% of the time since 2026.pb_ratio
Data: Price-to-book over time (weekly) (sampled — full series in the embedded dataset)
| Period | P/BV (x) |
|---|---|
| Jan 26 | 8.3 |
| Jan 26 | 8.9 |
| Jan 26 | 8.8 |
| Jan 26 | 8.9 |
| Feb 26 | 9.0 |
| Feb 26 | 8.8 |
| Feb 26 | 8.8 |
| Feb 26 | 8.9 |
| Feb 26 | 8.9 |
| Feb 26 | 9.3 |
| Feb 26 | 9.2 |
| Feb 26 | 9.1 |
| Feb 26 | 9.1 |
| Feb 26 | 8.9 |
| Mar 26 | 8.7 |
| Mar 26 | 8.7 |
| Mar 26 | 8.8 |
| Mar 26 | 9.0 |
| Mar 26 | 8.5 |
| Mar 26 | 8.9 |
| Mar 26 | 8.8 |
| Mar 26 | 8.5 |
| Mar 26 | 8.6 |
| Mar 26 | 8.5 |
| Apr 26 | 8.7 |
| May 26 | 8.5 |
| May 26 | 8.3 |
| May 26 | 8.4 |
| May 26 | 8.1 |
| May 26 | 8.1 |
| May 26 | 8.0 |
| May 26 | 8.2 |
| May 26 | 8.2 |
| May 26 | 8.3 |
| May 26 | 8.2 |
| Jun 26 | 8.1 |
| Jun 26 | 8.1 |
| Jun 26 | 8.3 |
| Jun 26 | 8.3 |
| Jun 26 | 8.2 |
| Jun 26 | 8.2 |
| Jun 26 | 8.4 |
| Jun 26 | 8.5 |
| Jun 26 | 8.0 |
| Jun 26 | 8.2 |
| Jul 26 | 8.3 |
- Funding costs are not blowing up — interest paid has stayed near 0% of income all through.interest_expense
Strong on the data — worth the deeper look if the story keeps its promises
The numbers lean positive, and the price is roughly fair to the delivery so far.
One dissent worth hearing: our valuation lens reads negative — “its fair-value math says the price sits about 95% above what the numbers justify”. When a lens disagrees with the committee, it is usually pointing at the thing that breaks first.
Machine-written research from Screener data — every number traces to its source column. Sector Alpha is not a SEBI-registered investment adviser; nothing here is a recommendation to buy or sell. Not investment advice.
Straight answers from the data
What does Canara HSBC Life Insurance Company Ltd do?
Canara HSBC Life Insurance is an Indian life insurance company, headquartered in Gurugram. In 2008, Canara HSBC Life Insurance was a JV between Canara Bank (51%), HSBC Insurance (Asia Pacific) Holdings Limited (26%) and PNB (23%). In 2022, the company renamed itself as Canara HSBC Life Insurance after the exit of its third partner, PNB.[1]. It is listed in the Finance - Insurance sector with a market capitalisation of ₹13,337 Cr.
What is Canara HSBC Life Insurance Company Ltd's share price?
As of 1 July 2026, Canara HSBC Life Insurance Company Ltd trades at ₹140, with a market capitalisation of ₹13,337 Cr. Prices are weekly closes from Screener data; this page refreshes with each weekly update.
What is Canara HSBC Life Insurance Company Ltd's share price target?
Sector Alpha does not publish broker-style price targets. Our discounted-cash-flow model estimates Canara HSBC Life Insurance Company Ltd's intrinsic value at ₹7.0 per share under base assumptions (bear ₹7.0, bull ₹7.0), against the current price of ₹140 — a 95% premium to model value. These are model estimates, not forecasts — treat them as one input alongside the valuation history below, not as a target.
What did Canara HSBC Life Insurance Company Ltd report in its latest quarterly results?
In its most recent reported quarter (Q4 FY26, quarter ended March 2026): Mar 26 income was ₹1,374 Cr, down 51% on a year ago. A bank grows by lending more and charging well — this line is both together. Mar 26 profit was ₹35.0 Cr, up 9% on last year — earnings per share of ₹0.37. Figures are from Screener-scraped quarterly filings; the page updates when the next quarter is filed.
Is Canara HSBC Life Insurance Company Ltd growing?
Interest income fell 51% — the book is shrinking or repricing down. Mar 26 income was ₹1,374 Cr, down 51% on a year ago. A bank grows by lending more and charging well — this line is both together.
Are Canara HSBC Life Insurance Company Ltd's profits growing?
Profit grew 9% year on year. Mar 26 profit was ₹35.0 Cr, up 9% on last year — earnings per share of ₹0.37.
How much of its interest income does Canara HSBC Life Insurance Company Ltd keep?
The spread is holding. Of every ₹100 of interest the bank earns, ₹0 goes straight out as interest on deposits and borrowings. It keeps ₹100 — unchanged from a year ago.
What is Canara HSBC Life Insurance Company Ltd's long-term growth record?
Revenue grew from ₹3,074 Cr in FY20 to ₹11,556 Cr in FY26 — a 24.7% compound annual growth rate over 6 years. Profit after tax compounded at 3.2% over the same period (₹105 Cr → ₹127 Cr).
Is Canara HSBC Life Insurance Company Ltd stock in an uptrend?
Stage 2: the trend is up, and has been for 35 weeks. Canara HSBC Life Insurance Company Ltd is in Stage 2 — advancing, 35 weeks in (confirmed). Stages follow Stan Weinstein's four-phase read of weekly price against the 200-day average: basing (1), advancing (2), topping (3), declining (4).
Where is Canara HSBC Life Insurance Company Ltd in its business cycle?
The data reads Canara HSBC Life Insurance Company Ltd as a deep cyclical business currently in its expansion phase — earnings at an all-time high for this company. Profits swing violently in this business — a 90% peak-to-trough profit collapse. That is what “deep cyclical” means: the same company looks brilliant at the top of its cycle and broken at the bottom.
What is the bull case for Canara HSBC Life Insurance Company Ltd?
Profits have been broadly flat for two years. Interest income fell 51% — the book is shrinking or repricing down.
What is the bear case for Canara HSBC Life Insurance Company Ltd — what could break the story?
Two weak quarters in a row would kill this story. This falsification condition is stated up front so the thesis can be checked against incoming quarters, not defended after the fact.
Is Canara HSBC Life Insurance Company Ltd a stock worth studying right now?
Sector Alpha does not publish buy or sell recommendations — this is a research read, not advice. What the data says: strong on the data — worth the deeper look if the story keeps its promises. The numbers lean positive, and the price is roughly fair to the delivery so far. Across the 7-model scorecard the composite research signal is study deeper at 64% confidence. This is machine-written research compiled from Screener data — every number traces to its source — and it is not investment advice. Do your own diligence.