15 Oct 2025 | 5 Mins Read
HDFC Life targets high double-digit growth in FY26
Flipitmoney
HDFC Life's management reaffirmed its early-teens growth guidance for FY26, citing protection segment growth at three times the overall company pace, higher annuities, and unit-linked product sales. Disciplined pricing and interest rate movement supported margins. The company expects non-par margins in H2 FY26 to counter GST cost headwinds, retaining a 24.5% VNB margin.