Life Insurance Corporation of India (LIC) (LICI.NS)

Total assets on the balance sheet as of March 2024 : ₹53.573 Trillion

According to Life Insurance Corporation of India (LIC)'s latest financial reports the company's total assets are ₹53.573 Trillion. A company’s total assets is the sum of all current and non-current assets, such as inventories, cash and cash equivalents, properties and equipment.

Life Insurance Corporation of India (LIC) - Total assets on balance sheet (from 2021 to 2024)

Total assets by year

Year	Total assets	Change
2023-03-31	₹45.784 T	7.63%
2022-03-31	₹42.540 T	11.09%
2021-03-31	₹38.295 T	9.42%
2020-03-31	₹34.998 T	2.12%
2019-03-31	₹34.272 T

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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Life Insurance Corporation of India (LIC) (LICI.NS) - Total assets