Life Insurance Corporation of India (LICI) Q4FY26 Management Mirror - Mar-2026 Qtr
VNB Margins & Ticket Size
In the Mar'26 Qtr, management expects Value of New Business (VNB) margins to eventually converge with broader market levels, primarily driven by increasing ticket sizes and improved persistency, though the near-term focus is on consolidating recent gains rather than aggressive margin expansion; this follows Dec'25 Qtr and Sep'25 Qtr expectations of sustained upward margin trajectory supported by higher Annualized Premium Equivalent (APE) ticket sizes. [Status: Reaffirmed]
5 more themes on the ELITE plan.