78% of Indians consider life insurance extremely important: Survey

In the post-covid era, 78 per cent of Indians opine that life insurance is extremely important in the overall financial planning process, as per a survey conducted by SBI Life Insurance in tie-up with NielsenIQ (India). The finding of the survey further reveal that in the context of the ongoing pandemic, the importance of financial security and stability of self/family in case of any uncertainty has increased as compared to the first wave. Post the first year of the pandemic, people are spending less on discretionary items and they are majorly renewing their health and life insurance policies. Around 46 per cent of the respondents purchased health insurance and 44 per cent purchased life insurance for the first time during Covid-19. However, rising cost of medical treatment followed by an unstable economy and concerns regarding the health of self/family members remain the areas of high concern. The survey was conducted among 5,000 respondents across 28 cities across India. It provides insights into consumer behaviour towards financial preparedness in the post-covid world.

References
1. https://www.business-standard.com/article/economy-policy/financial-immunity-gains-currency-in-post-pandemic-world-survey-122011201518_1.html
2. https://www.livemint.com/insurance/news/78-of-indians-say-insurance-is-key-to-overall-financial-planning-survey-11641981064844.html
CMIE STATISTICS
Unemployment Rate (30-DAY MVG. AVG.)
Per cent
7.3 +0.4
Consumer Sentiments Index
Base September-December 2015
69.7 -0.3
Consumer Expectations Index
Base September-December 2015
69.4 -0.4
Current Economic Conditions Index
Base September-December 2015
70.1 0.0
Quarterly CapEx Aggregates
(Rs.trillion) Jun 21 Sep 21 Dec 21 Mar 22
New projects 2.89 3.14 3.47 4.92
Completed projects 0.73 1.28 2.76 1.05
Stalled projects 0.33 0.28 0.06 0.29
Revived projects 1.14 0.39 2.06 0.28
Implementation stalled projects 0.64 0.25 0.65 0.07
Updated on: 18 May 2022 8:28PM
Quarterly Financials of Listed Companies
(% change) Jun 21 Sep 21 Dec 21 Mar 22
All listed Companies
 Income 42.2 27.5 23.5 21.8
 Expenses 41.9 26.7 21.7 20.0
 Net profit 139.6 55.1 31.9 38.4
 PAT margin (%) 9.0 9.6 9.0 10.3
 Count of Cos. 4,558 4,678 4,690 1,063
Non-financial Companies
 Income 61.0 35.7 29.3 29.1
 Expenses 62.6 36.0 29.1 29.7
 Net profit 192.7 59.7 18.4 18.1
 PAT margin (%) 8.4 8.8 7.5 9.1
 Net fixed assets 4.9 -0.8
 Current assets 10.8 18.4
 Current liabilities 0.8 10.4
 Borrowings 12.1 7.9
 Reserves & surplus 12.4 10.0
 Count of Cos. 3,332 3,383 3,402 760
Numbers are net of P&E
Updated on: 18 May 2022 8:28PM
Annual Financials of All Companies
(% change) FY20 FY21 FY22
All Companies
 Income 0.5 -0.9 16.1
 Expenses 0.3 -3.3 16.7
 Net profit -4.9 72.5 24.3
 PAT margin (%) 2.0 4.5 12.3
 Assets 8.9 9.6 3.3
 Net worth 4.6 11.5 5.2
 RONW (%) 3.4 7.0 12.4
 Count of Cos. 32,202 29,546 46
Non-financial Companies
 Income -1.3 -2.0 16.2
 Expenses -1.0 -4.1 17.4
 Net profit -20.8 63.1 20.8
 PAT margin (%) 2.2 4.2 11.1
 Net fixed assets 11.2 1.3 8.5
 Net worth 2.2 10.4 8.3
 RONW (%) 4.7 8.0 15.8
 Debt / Equity (times) 1.2 1.0 0.1
 Interest cover (times) 1.9 2.5 26.6
 Net working capital cycle (days) 81 84 38
 Count of Cos. 25,551 23,301 36
Numbers are net of P&E
Updated on: 12 May 2022 7:22AM