LIC Q4 & FY26 Results: ₹57,419 Crore PAT, 1:1 Bonus Shares & ₹10 Final Dividend Announced

Mumbai, May 21, 2026: Life Insurance Corporation of India (LIC) has delivered a strong performance for the quarter and financial year ended March 31, 2026. The Board approved the audited financial results today, recommending a final dividend of ₹10 per equity share and a 1:1 bonus issue, boosting investor sentiment ahead of the record dates.

Key Highlights of LIC FY26 Results

Standalone Profit After Tax (PAT): ₹57,418.55 crore for FY26 (vs ₹48,151.17 crore in FY25).
Consolidated PAT: ₹57,453.15 crore for FY26.
Net Premium Income (Standalone): ₹5,35,984 crore in FY26.
Income from Investments (Net): ₹4,31,708 crore (Standalone).
Final Dividend: ₹10 per share (₹20 pre-bonus equivalent) for FY26, subject to shareholder approval.
Bonus Issue: 1:1 bonus shares — one new share for every one held. Record Date: May 29, 2026. Deemed allotment date: June 1, 2026.
Dividend Record Date: June 25, 2026.
5th AGM: Scheduled for July 27, 2026.

Scrip Codes: BSE - 543526 | NSE - LICI

Strong Operational Performance

LIC maintained robust growth in its core insurance business:

Gross Premium Income grew steadily, with renewal and single premiums contributing significantly.
Expenses of Management Ratio stood at a healthy 11.91% for the year.
Solvency Ratio: Comfortable at 2.35 (well above regulatory requirements).
Auditors issued an unmodified (clean) opinion on both standalone and consolidated results.

The Corporation also amended its Significant Accounting Policy for investment income recognition through amortization of premium/discount, effective FY26, for better alignment with long-term holding.

Shareholder-Friendly Moves

The 1:1 bonus issue will double the equity base, improving liquidity and making shares more accessible. Combined with the ₹10 final dividend, this marks a positive return for shareholders. The Government of India holds 96.50% stake in LIC.

Note on Bonus & Dividend: The dividend is recommended post-consideration of the bonus issue. Eligible shareholders as on record dates will benefit.

Board Meeting Details

The Board meeting commenced at 12:05 PM and concluded at 4:45 PM on May 21, 2026. The results were reviewed by the Audit Committee on May 20, 2026.

What This Means for Investors

Bonus Issue (Record Date May 29): Shareholders holding shares before this date will receive bonus shares.
Dividend (Record Date June 25): For the final dividend payout.
Strong PAT growth reflects LIC’s continued dominance in the life insurance sector with massive asset base and policyholder funds.

LIC shares have been in focus due to these corporate actions. Investors should monitor the ex-bonus and ex-dividend adjustments in the coming weeks.