MarketFriction

ICICI Prudential Life Insurance Company Ltd

NSE ICICIPRULI · BSE 540133 · Life Insurance
₹448.05 +0.96%
NSE close2026-10-01
52 week range442.40 - 706.80
Market cap₹64,514 Cr.
P/E40.1
IPO 2016 · +34% since Results 13-10 Nifty 500Midcap 150 No price band Delivery 50.9%

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

Consolidated, Rs crore
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Sales23,38417,38826,43022,48225,39625,1584,53615,68725,40111,93622,8343,185
Expenses23,66317,68226,58422,76025,36224,8394,29515,27225,18811,95522,0933,940
Operating Profit-280-293-155-27834319241415213-19741-754
OPM %-1.2%-1.7%-0.6%-1.2%0.1%1.3%5%2.6%0.8%-0.2%3.2%-24%
Other Income496570420549237-17169183177408-2431,036
Interest000000000000
Depreciation000000000000
Profit before tax216276265270271302410598390389498281
Tax %5%12%14%36%17%17%21%36%23%24%22%-122%
Net Profit206244227174224251325385301296387624
EPS in Rs1.431.691.581.211.561.742.252.672.082.042.674.30
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Sales34,45320,84937,81638,83241,46321,02583,18263,56450,47889,68370,77863,357
Expenses32,79819,00836,01037,06240,92221,34483,57265,72852,23590,58069,32162,050
Operating Profit1,6551,8421,8061,771541-319-390-2,163-1,757-8971,4571,307
OPM %4.8%9%4.8%4.6%1.3%-1.5%-0.5%-3.4%-3.5%-1.0%2.1%2.1%
Other Income4301301328131,5781,6693,1912,9252,039258397
Interest1701520230000000
Depreciation40058445761606784113134145
Profit before tax1,6421,8421,8631,8391,2741,1981,2199611,0851,0281,5821,559
Tax %0%10%10%12%11%11%22%21%25%17%25%-3%
Net Profit1,6401,6501,6821,6191,1391,0679567598138511,1861,608
EPS in Rs11.4611.5211.7211.287.937.436.665.285.655.908.2011.09
Dividend Payout %51%73%63%59%40%11%30%10%11%10%10%15%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth12%-5%8%-10%
Compounded Profit Growth0%11%26%36%
Stock Price CAGR4%-8%-8%-25%
Return on Equity12%9%9%13%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital1,4321,4321,4351,4361,4361,4361,4361,4371,4391,4411,4451,449
Reserves3,8333,8914,9715,1385,4355,7777,6737,7218,6519,56410,48812,182
Borrowings01,02900001,2001,2001,2001,2002,6002,595
Other Liabilities95,95198,413118,335135,245156,215148,818206,911234,079244,562286,796299,705303,509
Total Liabilities101,215104,765124,741141,819163,086156,031217,220244,437255,851299,001314,239319,735
Fixed Assets2092122074044639329114334791,1681,3151,378
CWIP6771813202254117493643
Investments99,491103,024121,581138,537159,003150,776211,727238,101248,216289,230303,475307,369
Other Assets1,5091,5222,9462,8593,6074,3034,5605,8487,0398,5539,41210,944
Total Assets101,215104,765124,741141,819163,086156,031217,220244,437255,851299,001314,239319,735
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity5233,6344,1305,69011,3778,5967,3141,83189-7,315-9,408-5,355
Cash from Investing Activity-1,82227-696-5,389-7,559-10,797-5,084-816-1,1457,4206,8697,571
Cash from Financing Activity-966-1,442-994-1,188-843-4051,205-319-112-881,422-171
Net Cash Flow-2,2642,2192,439-8872,975-2,6063,434696-1,16817-1,1162,045
Free Cash Flow4713,5834,0785,62211,270-112,9097,2791,736-105-7,550-9,663-5,473
CFO/OP32%208%229%321%2,103%-2,710%-1,930%-95%-21%790%-623%-365%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days030000000000
Inventory Days
Days Payable
Cash Conversion Cycle030000000000
Working Capital Days-10-16-2-9-9-5-2-6-523-1
ROCE %34%32%29%29%16%17%14%9%10%3%12%10%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters73.30%73.27%73.24%73.17%73.05%73.01%73.00%72.96%72.93%72.88%72.80%72.73%
FIIs15.51%14.73%13.35%13.23%12.98%12.78%13.24%13.12%13.15%11.48%10.89%10.22%
DIIs6.37%6.92%8.54%8.82%9.29%9.45%8.80%8.86%8.65%10.41%11.05%11.81%
Public4.81%5.06%4.85%4.75%4.66%4.76%4.94%5.07%5.26%5.22%5.23%5.22%
No. of Shareholders3,52,3953,58,7593,41,0393,29,3743,23,6613,26,2083,29,8973,41,3463,45,2733,36,2343,27,8413,19,872

Fundamentals

Market Cap₹ 64,514 Cr.
Current Price₹ 445
Stock P/E40.1
Book Value₹ 94.0
ROCE10.1 %
ROE12.6 %
Dividend Yield0.37 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)-10%
Compounded Profit Growth (TTM)36%
Consolidated figures.
Valuation
Market capRs 64,935 Cr
Enterprise valueRs 66,392 Cr
P/E (TTM)40.39x
Price to book4.76x
Price to sales1.02x
EV / EBITDA38.96x
EV / EBIT42.59x
EV / sales1.05x
Earnings yield2.48%
Dividend yield0.37%
P/E, 3-year average72.60x
P/B, 3-year average6.74x
P/E, 5-year average77.94x
P/B, 5-year average6.86x
Profitability
Operating margin (excl. other income)2.06%
Operating margin (incl. other income)2.69%
EBITDA margin2.69%
Pre-tax margin2.46%
Net profit margin2.54%
Net margin, latest quarter19.59%
ROE12.58%
ROCE10.14%
ROA0.51%
ROE, 3-year average10.33%
ROCE, 3-year average10.24%
ROA, 3-year average0.40%
ROE, 5-year average9.55%
ROCE, 5-year average10.01%
ROA, 5-year average0.37%
ROIC (approx.)10.66%
Tax rate-3.14%
Other income / net worth2.91%
Growth
Sales growth (latest year)-10.49%
Profit growth (latest year)35.63%
Sales CAGR, 3 years7.87%
Sales CAGR, 5 years-5.30%
Profit CAGR, 3 years25.50%
Profit CAGR, 5 years10.95%
Sales growth QoQ-86.05%
Profit growth QoQ61.15%
Sales growth YoY (latest quarter)-79.69%
Profit growth YoY (latest quarter)61.94%
Per share
EPS (TTM)Rs 11.09
EPS (latest year)Rs 11.09
EPS (latest quarter)Rs 4.30
EPS, 3-year averageRs 8.40
EPS, 5-year averageRs 7.23
Book value per shareRs 94.05
Sales per shareRs 437.16
Cash flow per shareRs -36.95
Free cash flow per shareRs -37.76
Dividend per share (latest year)Rs 1.65
Dividend per share, 3-year averageRs 1.03
Dividend per share, 5-year averageRs 0.85
Dividends
Dividend payout14.87%
Dividend payout, 3-year average11.80%
Dividend payout, 5-year average11.28%
Efficiency
Asset turnover0.20x
Fixed asset turnover45.99x
Cash conversion cycle0 days
Working capital days-1 days
Leverage
Total debtRs 2,595 Cr
Cash and bankRs 1,138 Cr
Net debtRs 1,457 Cr
Debt to equity0.19x
Net debt / EBITDA0.86x
Owners' fund to total sources4.26%
Debt to assets0.81%
Cash flow
Cash from Operating Activity (latest year)Rs -5,355 Cr
Cash from Investing Activity (latest year)Rs 7,571 Cr
Cash from Financing Activity (latest year)Rs -171 Cr
Net Cash Flow (latest year)Rs 2,045 Cr
Free cash flow (latest year)Rs -5,473 Cr
FCFE (approx.: FCF + change in debt)Rs -5,478 Cr
Cash from ops / profit, 5 years-3.86x
Statement figures
Net sales (TTM)Rs 63,357 Cr
Net sales (latest year)Rs 63,357 Cr
Sales (latest quarter)Rs 3,185 Cr
Operating profit excl. other income (latest year)Rs 1,307 Cr
Operating profit (latest quarter)Rs -754 Cr
Other income (TTM)Rs 1,378 Cr
EBITDA (TTM)Rs 1,704 Cr
PBDT (TTM)Rs 1,704 Cr
Profit before tax (TTM)Rs 1,559 Cr
Tax (latest year)Rs -49 Cr
Net profit (TTM)Rs 1,608 Cr
Net profit (latest year)Rs 1,608 Cr
Net profit (latest quarter)Rs 624 Cr
Depreciation (TTM)Rs 145 Cr
Cost of goods sold (latest year)Rs 56,032 Cr
Total expenditure (latest year)Rs 62,050 Cr
Total income (latest year)Rs 63,754 Cr
Share capitalRs 1,449 Cr
ReservesRs 12,182 Cr
Shareholders' fundsRs 13,631 Cr
Total assetsRs 319,735 Cr
Net blockRs 1,378 Cr
Capital work in progressRs 43 Cr
InvestmentsRs 307,369 Cr
Other liabilitiesRs 303,509 Cr
Shares outstanding (crore)144.93
Ownership
Promoter holding72.73% (-0.23 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/E 40.4 is at the 21th percentile of its own 9.4-year range (median 68.7, low 25.6, high 132.9).
P/B 4.76 is at the 1th percentile (median 8.30).
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.
PeriodICICIPRULINifty 50Difference
1 week-3.5%-2.8% -0.8 pts
1 month-9.6%-6.8% -2.8 pts
3 months-7.7%-7.6% -0.0 pts
6 months-12.1%+0.4% -12.5 pts
1 year-24.7%-9.9% -14.8 pts
2 years-43.4%-13.6% -29.8 pts
3 years-20.9%+14.2% -35.0 pts
5 years-32.9%+27.9% -60.8 pts
152 mutual fund schemes hold about ₹7,258 Cr. Over three months 111 bought more and 30 sold (share counts, price move removed).
FundWeightEst. Cr3m shares
ICICI Pru Large Cap Fund1.05%843 +14%
ICICI Pru Multi Asset Allocation Fund0.75%663 +11%
SBI Contra Fund1.19%565 +14%
SBI Large Cap Fundd0.95%523 +15%
SBI Midcap Fund2.11%517 +13%
SBI Midcap Fund2.11%514 +13%
SBI ELSS Tax Saver Fund1.12%357 +15%
Nippon India Multi Cap Fund0.60%341 +44%
ICICI Pru India Opp Fund0.81%311 +17%
SBI Balanced Advantage Fund0.70%294 +14%
SBI Banking & Financial Services Fund2.16%235 +14%
ICICI Pru Business Cycle Fund1.15%182 +17%
Bandhan Large & Mid Cap Fund0.67%142 +30%
Nippon India Banking & Financial Services Fund1.51%120 +24%
ICICI Pru Aggressive Hybrid Fund(A0.21%111 +13%
Abakkus Flexi Cap Fund1.75%111 +36%
Nippon India Small Cap Fund0.12%98 +9%
Bandhan Flexi Cap Fund1.21%90 +13%
UTI Large & Mid Cap Fund1.25%81 +10%
SBI ESG Exclusionary Strategy Fund1.30%70 +15%
ICICI Pru Dividend Yield Fund1.04%70 +13%
Nippon India Value Fund0.67%61 +14%
HDFC Large & Mid Cap Fund0.20%60 +11%
DSP Multi Cap Fund1.90%57 +11%
SBI Multi Asset Allocation Fund(A0.25%52 +6%

Red flags

F-score 5 of 8
explainWeak cash conversion Cash from operations was -606% of net profit over the last 3 years
lookRegulator order or action Regulator order or action 2026-09-10: ICICI Prudential Life Insurance Company Limited has informed the Exchange about orders passed (sub-para 20)
lookAuditor change Auditor change 2026-04-14: ICICI Prudential Life 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
2025-12-19Dr Bharati Kinger-sell34,329Rs 2.22 CrMarket Sale
2025-09-30Dr Bharati KingerImmediate relativeother75,000Off Market
2022-01-05Rajeev KumarEmployees/Designated Employeother2,100Rs 0.12 CrRevokation of Pledge
2022-01-05Rajeev KumarEmployees/Designated Employesell4,790Rs 0.28 CrMarket Sale
2022-01-05Rajeev KumarEmployees/Designated Employeother4,790Rs 0.28 CrRevokation of Pledge
2021-12-20Rajeev KumarEmployees/Designated Employeother1,700Rs 0.09 CrRevokation of Pledge
2021-12-20Rajeev KumarEmployees/Designated Employesell1,700Rs 0.11 CrMarket Sale
2021-12-14Rajeev KumarEmployees/Designated Employesell400Rs 0.02 CrMarket Sale
2021-12-14Rajeev KumarEmployees/Designated Employeother400Rs 0.02 CrRevokation of Pledge
2021-12-02Mr. Markandey MishraEmployees/Designated Employeother2,000Rs 0.12 CrPledge Creation
2021-11-26Mr. Markandey MishraEmployees/Designated Employeother4,640Rs 0.27 CrPledge Creation
2021-09-15Mr. Markandey MishraEmployees/Designated Employesell1,270Rs 0.09 CrMarket Sale
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

Mar 2026
Sales ₹3,185 Cr -79.7% vs Mar 2025. Net profit ₹624 Cr +62.1%.

Activity

Compare
CompanyMcap (Cr)P/EROCE
Life Insurance Corporation of India493,3508.2135.1 %
SBI Life Insurance Company Ltd174,09166.915.0 %
HDFC Life Insurance Company Ltd113,74657.610.3 %
Max Financial Services Ltd48,0544432.87 %
Canara HSBC Life Insurance Company Ltd14,2141088.35 %
No bulk or block deals on record.
Ex-dateActionFactor
2026-06-05Dividend - Rs 1.65 Per Share
2025-06-12Dividend - Re 0.85 Per Share
2024-06-13Dividend - Re 0.60 Per Share
2023-07-13Dividend - Re 0.60 Per Share
2022-06-16Dividend - Rs 0.55 Per Share
2021-06-16 Dividend - Rs 2 Per Share
2019-10-31 Interim Dividend - Re 0.80 Per Sh
2019-07-09 Annual General Meeting/Dividend - Rs 1.55 Per Share
2018-11-01 Interim Dividend - Rs 1.6 Per Share
2018-06-18 Annual General Meeting / Final Dividend- Rs 2.20 Per Share / Special Dividend- Rs 1.10 Per Share
2017-11-02 Interim Dividend - Rs 2.30 Per Share/ Special Dividend Rs 1.10 Per Share (Purpose Revised)
2017-07-07 Annual General Meeting/Dividend - Rs 2.30/- Per Share/Special Dividend Rs 1.20/- Per Share
2016-11-02 Interim Dividend Rs 1.75 Per Share (Purpose Revised)
DateTypeWhat it says
2026-10-02ResignationResignation of Director/KMP/SMP
2026-10-02Director changeChange in Director(s) of the company.
2026-10-02Board meeting outcomeOutcome of Board Meeting held on October 02, 2026.
2026-10-01Credit RatingCredit Rating
2026-09-22Name ChangeThe name has been changed from ICICI Prudential Life Insurance Company Limited to ICICI Life Insurance Limited.
2026-09-22ESOPAllotment of 10142 equity shares under the Employees Stock Option Scheme (2005) and the Employees Stock Unit Scheme (2023).
2026-09-19Amendment to AOA/MOAThe Amendment to AOA/MOA of the company.
2026-09-19Shareholder meetingVoting results.
2026-09-11Concall / analyst meetSchedule of meet
2026-09-11Concall / analyst meetSchedule of meet
2026-09-11Concall / analyst meetSchedule of meet
2026-09-11Concall / analyst meetSchedule of meet
2026-09-10Regulatory actionOrders passed (sub-para 20)
2026-09-08ESOPAllotment of 184265 equity shares under the employee stock option scheme (2005) and the employee stock unit scheme (2023).
2026-09-07General UpdatesMonthly business performance update for the month of August 2026.
2026-09-01ESOPAllotment of 214,255 equity shares under the employees stock option scheme (2005) and the employees stock unit scheme (2023).
2026-08-25ESOPAllotment of 9894 shares under the employees stock unit scheme (2023).
2026-08-22Regulatory actionAction(s) taken or orders passed (sub-para 20)
2026-08-21Concall / analyst meetSchedule of meet dated August 27, 2026
2026-08-20Shareholder meetingNotice of Postal Ballot dated August 13, 2026, together with the Explanatory Statement, seeking approval of Members on the Special Business, as set ou...
2026-08-19General UpdatesIntimation of notice sent to shareholders for transfer of unclaimed dividend and shares to Investor Education and Protection Fund (IEPF).
2026-08-18ESOPAllotment of 400 shares.
2026-08-13General UpdatesInitiation of postal ballot process
2026-08-12AgreementsCompany has entered into a Transitional Agreement
2026-08-12AgreementsCompany has entered into a Transitional Agreement
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)460
Largest call open interest at500
Largest put open interest at440
Implied volatility, at the money32.7%
Underlying at snapshot448.05
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.
Order dateForumCase
2021-08-06NCLTICICI Prudential Venture Capital Fund Real Estate Scheme Vs M/s. Esthetic Buildtech Pvt. Ltd.
2021-07-30NCLTICICI Prudential Venture Capital Fund Real Estate Scheme I represented by its Investment manager ICICI Prudential Asset Management Company L
2021-07-06NCLTICICI Prudential Venture Capital Fund Real Estate Scheme Vs M/s. Esthetic Buildtech Pvt. Ltd.
2021-06-07NCLTICICI Prudential Real Estate Vs Sunshine Housing & Infrastructure Private Limited
2021-03-24NCLTICICI Prudential Venture Capital Fund Real Estate Scheme Vs M/s. Esthetic Buildtech Pvt. Ltd.
2021-02-08NCLTICICI Prudential Venture Capital Fund Real Estate Scheme Vs M/s. Esthetic Buildtech Pvt. Ltd.
Orders from NCLT, NCLAT and CESTAT naming the company. Click a row for the order.
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