MarketFriction

ICICI Lombard General Insurance Company Ltd

NSE ICICIGI · BSE 540716 · General Insurance
₹1,563.00 -1.70%
NSE close2026-10-01
52 week range1,423.10 - 2,064.90
Market cap₹75,692 Cr.
P/E31.2
IPO 2017 · +136% since Results 14-10 Nifty 200Nifty 500Nifty Midcap 50Nifty Midcap 100Midcap 150Nifty Financial Services No price band Delivery 60.5%

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Standalone, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales5,2715,1945,3915,6016,1476,1616,0516,3966,8696,9056,8257,088
Expenses4,5094,6394,7014,8315,2075,1995,4435,4155,8256,0516,1386,566
Operating Profit7625556907709409626099811,044854686522
OPM %14%11%13%14%15%16%10%15%15%12%10%7%
Other Income21984-21-2601333163214
Interest000000000000
Depreciation000000000000
Profit before tax7645746987749199606689941,077870718536
Tax %24%25%26%25%24%25%24%25%24%24%24%25%
Net Profit577431520580694724510747820659547403
EPS in Rs11.758.7610.5411.7714.0314.6310.2815.0416.4713.2310.968.08
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales6,0337,5206,91211,16311,51712,16116,02617,87620,57223,96126,99427,687
Expenses5,2696,6017,1749,4949,74510,09015,01016,61217,91820,55423,26424,581
Operating Profit764919-2621,6691,7722,0721,0161,2642,6543,4073,7313,107
OPM %13%12%-3.8%15%15%17%6%7%13%14%14%11%
Other Income0-21,569-2151280999135399394
Interest00597000000000
Depreciation577510901301411421341241650
Profit before tax7089101,1961,5981,6971,9541,6842,1132,5553,3213,6593,201
Tax %28%23%28%34%30%25%24%18%25%24%24%
Net Profit5077028621,0491,1941,4731,2711,7291,9192,5082,7722,428
EPS in Rs11.3415.5618.9823.1026.2732.4025.8935.2138.9450.6055.6148.74
Dividend Payout %26%22%17%26%13%25%35%28%28%25%24%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth16%17%15%12%
Compounded Profit Growth18%12%14%-9%
Stock Price CAGR%-1%5%-20%
Return on Equity18%17%17%17%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital447448451454454454455491491493496498
Reserves2,4392,7893,4504,0874,9465,6807,1448,7029,95311,71213,98916,135
Borrowings00485485485485485255353500
Other Liabilities11,76012,44018,96524,72327,51730,42331,21441,40144,60751,06854,66059,477
Total Liabilities14,64615,67623,35129,75033,40337,04239,29850,84855,08663,30869,14576,111
Fixed Assets3815105163681,965664717941883930728834
CWIP91011381712141125947488
Investments10,20011,42614,80618,19320,71426,32730,78838,41242,83648,58453,50858,338
Other Assets4,0563,7308,01811,15110,70710,0397,77911,48511,34213,70014,83516,851
Total Assets14,64615,67623,35129,75033,40337,04239,29850,84855,08663,30869,14576,111
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity-985111,6282,3902,9763,4331,7748092,2902,4071,1472,622
Cash from Investing Activity171-310-1,990-1,896-2,856-3,382-1,367135-1,685-1,921-1,137-1,733
Cash from Financing Activity-93-148361-96-310-420-212-879-695-355-257-336
Net Cash Flow-2053-1398-190-36919565-90131-247554
Free Cash Flow-1504591,5742,3152,8603,1301,6957372,1702,2179182,380
CFO/OP44%67%177%-912%178%222%103%117%206%115%57%105%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days00002920000000
Inventory Days
Days Payable
Cash Conversion Cycle00002920000000
Working Capital Days-576-532-521-720-564-670-705-690-685-661-603-599
ROCE %27%23%24%17%31%27%27%19%21%23%24%22%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters48.00%47.91%51.27%51.81%51.66%51.60%51.55%51.46%51.37%51.31%51.28%51.22%
FIIs22.37%23.04%23.05%23.94%24.75%24.36%23.68%23.94%24.04%23.35%22.29%21.45%
DIIs18.41%17.86%15.96%17.15%16.59%17.17%17.74%17.52%17.41%18.25%19.41%20.64%
Government0.10%0.10%0.10%0.10%0.10%0.10%0.10%0.10%0.10%0.10%0.10%0.10%
Public11.11%11.09%9.59%7.00%6.91%6.74%6.93%6.97%7.08%6.98%6.90%6.57%
No. of Shareholders2,64,7102,52,6802,39,4892,37,2482,36,6992,38,4062,40,8532,40,9802,39,8122,35,7142,29,9302,29,599

Fundamentals

Market Cap₹ 75,692 Cr.
Current Price₹ 1,515
Stock P/E31.2
Book Value₹ 341
ROCE21.9 %
ROE16.6 %
Dividend Yield0.89 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)12%
Compounded Profit Growth (TTM)-9%
Standalone figures.
Valuation
Market capRs 77,915 Cr
Enterprise valueRs 76,928 Cr
P/E (TTM)32.09x
Price to book4.68x
Price to sales2.81x
EV / EBITDA22.86x
EV / EBIT24.03x
EV / sales2.78x
Price to cash flow29.72x
Earnings yield3.12%
Dividend yield0.86%
P/E, 3-year average36.48x
P/B, 3-year average6.02x
P/E, 5-year average38.23x
P/B, 5-year average6.04x
Profitability
Operating margin (excl. other income)13.82%
Operating margin (incl. other income)14.16%
EBITDA margin12.16%
Pre-tax margin11.56%
Net profit margin8.77%
Net margin, latest quarter5.69%
ROE17.82%
ROCE23.52%
ROA3.82%
ROE, 3-year average17.85%
ROCE, 3-year average23.62%
ROA, 3-year average3.62%
ROE, 5-year average17.26%
ROCE, 5-year average22.25%
ROA, 5-year average3.39%
ROIC (approx.)15.50%
Tax rate24.24%
Other income / net worth0.56%
Growth
Sales growth (latest year)12.66%
Profit growth (latest year)10.51%
Sales CAGR, 3 years14.73%
Sales CAGR, 5 years17.29%
Profit CAGR, 3 years17.04%
Profit CAGR, 5 years13.48%
Sales growth QoQ3.86%
Profit growth QoQ-26.23%
Sales growth YoY (latest quarter)10.83%
Profit growth YoY (latest quarter)-46.03%
Per share
EPS (TTM)Rs 48.71
EPS (latest year)Rs 55.61
EPS (latest quarter)Rs 8.09
EPS, 3-year averageRs 48.38
EPS, 5-year averageRs 41.25
Book value per shareRs 333.68
Sales per shareRs 555.41
Cash flow per shareRs 52.60
Free cash flow per shareRs 47.74
Dividend per share (latest year)Rs 13.50
Dividend per share, 3-year averageRs 12.33
Dividend per share, 5-year averageRs 11.20
Dividends
Dividend payout24.28%
Dividend payout, 3-year average25.74%
Dividend payout, 5-year average28.08%
Efficiency
Asset turnover0.35x
Fixed asset turnover32.36x
Cash conversion cycle0 days
Working capital days-599 days
Leverage
Cash and bankRs 987 Cr
Net debtRs -987 Cr
Net debt / EBITDA-0.29x
Owners' fund to total sources21.85%
Cash flow
Cash from Operating Activity (latest year)Rs 2,622 Cr
Cash from Investing Activity (latest year)Rs -1,733 Cr
Cash from Financing Activity (latest year)Rs -336 Cr
Net Cash Flow (latest year)Rs 554 Cr
Free cash flow (latest year)Rs 2,380 Cr
Cash from ops / profit, 5 years0.91x
Sales to cash flow10.30x
Statement figures
Net sales (TTM)Rs 27,687 Cr
Net sales (latest year)Rs 26,994 Cr
Sales (latest quarter)Rs 7,088 Cr
Operating profit excl. other income (latest year)Rs 3,731 Cr
Operating profit (latest quarter)Rs 522 Cr
Other income (TTM)Rs 94 Cr
EBITDA (TTM)Rs 3,366 Cr
PBDT (TTM)Rs 3,366 Cr
Profit before tax (TTM)Rs 3,201 Cr
Tax (latest year)Rs 887 Cr
Net profit (TTM)Rs 2,428 Cr
Net profit (latest year)Rs 2,772 Cr
Net profit (latest quarter)Rs 403 Cr
Depreciation (TTM)Rs 165 Cr
Cost of goods sold (latest year)Rs 20,313 Cr
Total expenditure (latest year)Rs 23,264 Cr
Total income (latest year)Rs 27,088 Cr
Share capitalRs 498 Cr
ReservesRs 16,135 Cr
Shareholders' fundsRs 16,634 Cr
Total assetsRs 76,111 Cr
Net blockRs 834 Cr
Capital work in progressRs 88 Cr
InvestmentsRs 58,338 Cr
Other liabilitiesRs 59,477 Cr
Shares outstanding (crore)49.85
Ownership
Promoter holding51.22% (-0.24 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/E 32.1 is at the 3th percentile of its own 9.2-year range (median 48.2, low 29.2, high 68.0).
P/B 4.68 is the lowest in 9.2 years (median 8.40).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
PeriodICICIGINifty 50Difference
1 week-0.9%-2.8% +1.9 pts
1 month-0.2%-6.8% +6.5 pts
3 months-11.8%-7.6% -4.2 pts
6 months-8.6%+0.4% -9.0 pts
1 year-16.9%-9.9% -7.0 pts
2 years-31.3%-13.6% -17.7 pts
3 years+19.4%+14.2% +5.2 pts
5 years-1.2%+27.9% -29.1 pts
237 mutual fund schemes hold about ₹14,847 Cr. Over three months 83 bought more and 53 sold (share counts, price move removed).
FundWeightEst. Cr3m shares
HDFC Mid Cap Fund0.87%940 +118%
ICICI Pru India Opp Fund2.44%935 +61%
Nippon India Growth Mid Cap Fund1.79%935 +43%
Kotak Mid Cap Fund0.94%668 -3%
ICICI Pru Value Fund1.07%642 +22%
SBI Midcap Fund2.56%627 +9%
SBI Midcap Fund2.56%623 +9%
Bandhan Large & Mid Cap Fund2.02%424 +17%
SBI Large Cap Fundd0.73%400 +2%
ICICI Pru Large Cap Fund0.49%395 +51%
ICICI Pru Multi Asset Allocation Fund0.42%366 +43%
Axis Midcap Fund0.97%333 -3%
Aditya Birla SL Flexi Cap Fund1.08%313 -6%
Nippon India Multi Cap Fund0.55%308 +100%
Kotak Arbitrage Fund(M0.36%270 +87%
DSP Large & Mid Cap Fund1.45%266 -1%
ICICI Pru Banking & Fin Serv Fund2.18%247 +25%
HDFC Multi Cap Fund1.19%247 -0%
ICICI Pru Banking & Fin Serv Fund2.18%244 +25%
Bandhan Small Cap Fund0.67%229 -15%
Invesco India Midcap Fund1.31%209 -12%
Nippon India ELSS Tax Saver Fund1.38%204 +3%
Franklin India Mid Cap Fund1.55%203 -2%
Aditya Birla SL Large Cap Fund0.67%199 -0%
Bandhan Value Fund1.88%188 +17%

Red flags

F-score 6 of 8
lookRegulator order or action Regulator order or action 2026-09-08: ICICI Lombard General Insurance Company Limited has informed the Exchange about disclosure under Regulation 30 of SEBI (Listing Obligations
lookAuditor change Auditor change 2026-04-15: ICICI Lombard General Insurance Company Limited has informed the Exchange regarding Change in Auditors of the company.
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Insider trades

NSE insider and takeover-code disclosures
DateWhoRoleSideSharesValueHow
2025-09-23Sohel Golwalla-other7,566Rs 1.43 CrPledge Creation
2025-09-17Sohel Golwalla-other7,566Rs 0.84 CrESOP
2025-08-14Sohel Golwalla-other10,750Rs 2.04 CrPledge Creation
2025-08-13Manvinder Kaur-sell2,400Rs 0.46 CrMarket Sale
2025-07-29Sohel Golwalla-other11,947Rs 1.39 CrESOP
2025-05-27SAHIL KANGOTRA-sell600Rs 0.11 CrMarket Sale
2025-04-28VASUNDHARA BHONSLE-sell10,000Rs 1.85 CrMarket Sale
2025-04-24VASUNDHARA BHONSLE-sell38,500Rs 7.22 CrMarket Sale
2025-04-24VASUNDHARA BHONSLE-other10,000Rs 1.42 CrESOP
2025-04-17VASUNDHARA BHONSLE-other38,500Rs 5.46 CrESOP
2025-04-03VASUNDHARA BHONSLE-sell32,276Rs 5.91 CrMarket Sale
2025-03-28VASUNDHARA BHONSLE-other32,276Rs 4.30 CrESOP
Latest disclosed trades by insiders, promoters and large holders. Grants, option exercises and pledges show as "other". A filing is a fact, not a signal on its own.

Latest quarter

Jun 2026
Sales ₹7,088 Cr +10.8% vs Jun 2025. Net profit ₹403 Cr -46.1%.

Activity

Compare
No bulk or block deals on record.
Ex-dateActionFactor
2026-05-29Dividend - Rs 7 Per Share
2025-10-23Interim Dividend - Rs 6.50 Per Share
2025-06-06Dividend - Rs 7 Per Share
2024-10-28Interim Dividend - Rs 5.50 Per Share
2024-06-07Dividend - Rs 6 Per Share
2023-10-27Interim Dividend - Rs 5 Per Share
2023-06-12Dividend - Rs 5.50 Per Share
2022-10-27Interim Dividend - Rs 4.50 Per Share
2022-07-28Dividend - Rs 5 Per Share
2021-10-29 Interim Dividend - Rs 4 Per Sh
2021-08-02 Annual General Meeting/Dividend - Rs 4 Per Share
2021-03-18 Interim Dividend - Rs 4 Per Share
2019-10-31 Interim Dividend - Rs 3.50 Per Sh
2019-06-19 Annual General Meeting/ Dividend - Rs 3.50 Per Share
2018-10-29 Interim Dividend - Rs 2.50 Per Share
2018-07-04 Annual General Meeting/Dividend- Rs 2.50 Per Share
2017-10-26 Interim Dividend - Re 0.75 Per Share
DateTypeWhat it says
2026-10-01UpdatesUpdate on Disclosure under Regulation 30 of SEBI (Listing Obligationsand Disclosure Requirements) Regulations, 2015.
2026-09-29General UpdatesDigital Day - link for the video for the presentation to be used during the Meet.
2026-09-29General UpdatesDigital Day Presentation
2026-09-22ESOPAllotment of 6521 Shares.
2026-09-18General UpdatesIntimation of Digital Day Meet 2026
2026-09-15ESOPAllotment of 5481 Shares.
2026-09-08Regulatory actionDisclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
2026-09-02ESOPAllotment of 4212 Shares.
2026-09-02UpdatesUpdate on Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
2026-08-24ESOPAllotment of 71297 Shares.
2026-08-20General UpdatesSchedule of Analyst/Institutional Investor Meet(s) to be held in the month of September, 2026
2026-08-12ESOPAllotment of 13890 Shares.
2026-08-12General UpdatesSchedule of Analyst/Institutional Investor Meet - Change in Mode of Meeting for August 28, 2026
2026-08-11General UpdatesSchedule of Analyst/Institutional Investor Meet to be held on August 18, 2026
2026-08-08LitigationUpdate on Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
2026-08-07UpdatesCommunication sent to shareholders regarding transfer of equity shares to Investor Education and Protection Fund (IEPF).
2026-08-04ESOPAllotment of 154550 Shares.
2026-08-03UpdatesPress Release: ICICI Lombard launches 25 Innovations on its 25th Anniversary!.
2026-07-31General UpdatesSchedule of analyst(s)/institutional investor(s) meet to be held on August 28, 2026.
2026-07-27General UpdatesSchedule of Analyst/ Institutional Investor Meet - Intimation to be held in the month of August, 2026.
2026-07-23ESOPAllotment of 20957 Shares.
2026-07-20Concall / analyst meetTranscript
2026-07-15Concall / analyst meetLink of Recording
2026-07-15Investor PresentationInvestor Presentation
2026-07-15Board meeting outcomeICICI Lombard General Insurance Company Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2026.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
Put / call open interest0.87
Max pain (expiry 2026-10-27)1,560
Largest call open interest at1,600
Largest put open interest at1,560
Implied volatility, at the money28.5%
Underlying at snapshot1,563.00
Open interest by strike around the price, nearest expiry. End-of-day NSE snapshot, 01-Oct-2026 15:40:00. Max pain is the strike where option buyers together would lose the most at expiry.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Not on any NSE surveillance list in the latest file.
Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.Updated 2026-10-03