HDFC Life Insurance Company Limited has announced the availability of its earnings call audio recording for the quarter and year ended March 31, 2026. The earnings call was conducted on April 16, 2026, to discuss the company's Q4FY26 and FY26 financial results.

Regulatory Compliance and Disclosure

The company has made this announcement in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This regulation mandates listed companies to disclose material events and information that could impact investor decisions.

Investor Access and Transparency

The audio recording has been hosted on the company's official website at https://www.hdfclife.com/about-us/investor-relations . This ensures that investors, analysts, and other stakeholders have access to the complete discussion regarding the company's financial performance for the specified period.

Official Communication

The disclosure was formally communicated to both major stock exchanges where HDFC Life Insurance shares are listed. Company Secretary and Compliance Officer Nagesh Pai signed the official communication, which was addressed to the listing departments of both exchanges.

This initiative demonstrates the company's commitment to maintaining transparency and ensuring that all stakeholders have equal access to important financial information and management discussions.

HDFC Life Insurance Company has reported its Value of New Business (VNB) margin for the fourth quarter, showing mixed performance against different benchmarks. The life insurer achieved a VNB margin of 24.2% during the quarter, reflecting the company's ability to generate profitable new business.

Performance Against Benchmarks

The quarter's results present a nuanced picture when compared to different reference points:

Market Context

The Value of New Business margin serves as a critical indicator of an insurance company's profitability and efficiency in writing new policies. This metric represents the present value of future profits from new business as a percentage of the annual premium equivalent, providing insights into the quality and sustainability of the insurer's growth strategy.

Key Highlights

The quarter's performance demonstrates several notable aspects:

• Estimate Beat: The actual VNB margin of 24.2% exceeded analyst expectations of 23.85%
• YoY Comparison: Performance declined by 2.30 percentage points compared to the same quarter last year
• Profitability Focus: The margin reflects the company's continued emphasis on profitable business generation

The results indicate that while the company faced some headwinds compared to the previous year's performance, it managed to deliver results that were slightly better than market expectations, suggesting resilience in its business model and execution capabilities.