Icici Bank Limited, Fundamental analysis

Icici Bank Limited - Technical chart

consolidated in Rs/Cr.

Industry Industry name	Banks
Variance Full Year Net Profit Variance	6
Equity Latest Equity	1434.72
Face Value Latest Face Value	2
Reserves Total Reserve	355166.59
Dividend Full Year Dividend %	600
Sales Turnover Full Year Net Sales	312118.36
Net Profit Full Year Net Profit	54207.7
Full Year CPS Full Year Cash Per Share	75.6
Earning Per Share Full Year Earning Per Share	75.6
Quarter CPS Latest quarter Cash Per Share	0
Latest Quarter Date Latest Quarter Yrc	Mar 1, 2026
Latest Quarter Sales Latest Quarter Net Sales	84613.66
Previous EPS Previous earnings per share	0
Book Value Book value	497.1
Networth Full Year Return on Networth	19.33
Price/Book Value Price to Book value	2.868638
Yearly PE ratio Full Year Price to Earning per share	18.9
Yearly PC ratio Full Year Price to Cash Per Share	18.9
Bse value BSE Value in lakhs	5267.03
Nse value NSE Value in lakhs	175485.56
High 52 week high	1494
Low 52 week low	1188
Price NSE Current market price	1427
CPM Current market price	1426

Market cap BSE / NSE Market Cap	1022993.47
Net profit Latest Quarter Net Profit	14755.06
Net profit variance Latest Quarter Net Profit variance	9
Result year Trailing latest month	Mar 1, 2026
TTM Sales Trailing Twelve 12 month Net Sales	267463.41
TTM OP Trailing Twelve 12 month Operating Profit	150322.1
TTM OPM Trailing Twelve 12 month Operating Profit Margin	56.2
TTM GP Trailing Twelve 12 month Gross Profit	77057.33
TTM GPM Trailing Twelve 12 month Gross Profit Margin	24.69
TTM NP Trailing Twelve 12 month Net Profit	47367.73
TTM NPV Trailing Twelve 12 month Net Profit Variane	6.3
TTM EPS Trailing Twelve 12 month EPS	75.57
TTM PE Trailing Twelve 12 month PE	18.87
TTM CPS Trailing Twelve 12 month CPS	0
Month CPS Month Cash Per Share	0
TTM Depreciation Trailing Twelve 12 month Depreciation	0
Equity Latest Equity	1434.72
LTP Latest Price (BSE/NSE)	1426
Gross block Latest Gross Block	39669.61
Loans Total loans	1641637.4
Advances Latest Advances for Banks	1420663.71
Net profit asset Latest Assets	0
Year OPM Full Year Operating Profit Margin	15.8
Year GPM Full Year Gross Profit Margin	24.7
Quarter OPM Latest quater Operation Profit Margin	50.6

Quarterly Results (consolidated, figures in Rs Cr.)

	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026
+ Sales	44,582	46,326	47,037	48,387	49,080	48,181	48,364	49,594
YOY Sales Growth %	20%	19%	15%	14%	10%	4%	3%	2%
Gross Sales	44,582	46,326	47,037	48,387	49,080	48,181	48,364	49,594
+ Expenses	29,387	32,221	33,510	37,588	31,991	35,065	37,154	41,823
Manufacturing Cost %	49%	54%	56%	64%	48%	58%	58%	71%
Employee Cost %	14%	13%	12%	12%	14%	13%	13%	13%
Other Cost %	3%	3%	3%	2%	4%	2%	5%	1%
Other Manufacturing Expenses %	49%	54%	56%	64%	48%	58%	58%	71%
Provisions & Contingencies %	3%	3%	3%	2%	4%	2%	5%	1%
Operating Profit	15,195	14,105	13,527	10,799	17,088	13,116	11,210	7,771
OPM %	34%	30%	29%	22%	35%	27%	23%	16%
+ Other Income	22,688	26,617	27,589	31,391	25,496	27,966	28,418	35,089
Miscellaneous Income	22,688	26,617	27,589	31,391	25,496	27,966	28,418	35,089
Interest / Discount on Advances or Bills	31,756	33,141	33,800	34,547	34,271	33,975	34,347	35,211
Interest on Investments	11,666	11,930	11,779	11,928	12,653	12,608	12,290	12,138
Interest on Balances with RBI	718	836	822	1,052	1,105	949	1,006	1,120
Other Interest	443	419	636	859	1,050	648	722	1,125
Interest	21,122	22,225	22,633	23,047	23,090	22,017	21,874	22,047
Depreciation	0	0	0	0	0	0	0	0
Profit before tax	16,761	18,496	18,483	19,143	19,494	19,065	17,754	20,813
+ Tax %	26%	25%	25%	25%	26%	25%	24%	25%
Current Tax	4,095	4,214	4,797	4,391	4,901	4,581	4,396	4,832
Deferred Tax	261	421	-143	399	200	228	-53	300
+ Net Profit	12,463	13,906	13,847	14,354	14,456	14,318	13,481	15,681
Profit / Loss of Associates	57	45	18	0	63	62	70	0
Minority Interest (After Tax)	-767	-958	-964	-851	-899	-961	-943	-926
Net Profit After Minority Interest	11,696	12,948	12,883	13,502	13,558	13,357	12,538	14,755
EPS in Rs	16.64	18.39	18.26	19.11	19.02	18.71	17.54	20.62

Profit & Loss (consolidated, figures in Rs Cr.)

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
+ Sales	59,294	60,940	62,162	71,982	84,836	89,163	95,407	121,067	159,516	186,331
Sales Growth %		3%	2%	16%	18%	5%	7%	27%	32%	17%
Gross Sales	56,091	57,506	58,686	71,982	84,836	89,163	95,407	121,067	159,516	186,331
+ Expenses	55,776	67,254	76,753	84,721	86,532	92,649	81,502	88,381	100,909	132,675
Manufacturing Cost %	2%	2%	3%	2%	2%	2%	3%	3%	2%	2%
Employee Cost %	12%	13%	13%	13%	13%	12%	13%	13%	12%	13%
Other Cost %	80%	95%	107%	102%	86%	89%	70%	58%	49%	56%
Other Manufacturing Expenses %	2%	2%	3%	2%	2%	2%	3%	3%	2%	2%
Selling & Administration %	5%	6%	6%	8%	7%	7%	6%	6%	5%	4%
Miscellaneous Expenses %	69%	84%	95%	93%	78%	80%	62%	51%	43%	51%
Provisions & Contingencies %	14%	27%	29%	28%	18%	18%	9%	6%	2%	3%
Operating Profit	3,518	-6,314	-14,591	-12,739	-1,696	-3,486	13,905	32,686	58,607	53,656
OPM %	6%	-10%	-23%	-18%	-2%	-4%	15%	27%	37%	29%
+ Other Income	42,102	52,458	56,807	59,325	64,950	72,174	62,129	65,112	76,522	108,255
Miscellaneous Income	29,430	38,492	39,185	59,325	64,950	72,174	62,756	66,110	77,108	108,286
Gain on Forex Transaction	190	0	0	0	0	0	0	0	0	0
Interest / Discount on Advances or Bills	40,272	40,796	42,095	50,885	60,928	60,262	66,887	87,929	116,590	133,244
Interest on Investments	12,513	13,391	13,912	18,102	20,971	23,264	21,991	27,905	38,107	47,303
Interest on Balances with RBI	229	565	741	927	907	1,882	1,820	2,305	2,650	3,429
Other Interest	3,077	2,755	1,938	2,067	2,029	3,755	4,710	2,927	2,169	2,357
Interest	33,996	34,836	34,262	39,178	44,666	42,659	41,167	50,543	74,108	89,028
Depreciation	843	912	922	946	1,171	1,340	1,330	1,515	1,935	2,627
Profit before tax	12,835	12,602	9,091	7,408	18,589	26,028	34,868	47,255	61,021	72,884
+ Tax %	26%	20%	21%	23%	40%	22%	24%	25%	25%	25%
Current Tax	6,737	3,138	4,078	4,808	5,178	6,261	7,404	11,456	13,693	17,497
Deferred Tax	-3,359	-669	-2,199	-3,089	2,185	-597	1,053	337	1,734	938
+ Net Profit	9,918	10,692	7,857	5,689	11,225	20,364	27,165	36,460	46,667	54,600
Profit Growth %		8%	-27%	-28%	97%	81%	30%	34%	29%	19%
Extraordinary Income / Expense	-3,600	0	0	0	0	0	0	0	0	0
Exceptional Item	-3,600	0	0	0	0	0	0	0	0	0
Profit / Loss of Associates	0	0	0	0	0	0	754	998	1,074	151
Minority Interest (After Tax)	-747	-1,152	-1,387	-1,435	-1,659	-1,980	-1,428	-1,425	-1,824	-3,540
Net Profit After Minority Interest	10,180	10,188	7,712	4,254	9,566	18,384	25,110	34,037	44,256	51,029
EPS in Rs	18.79	19.47	14.15	8.82	17.34	29.44	37.10	49.35	64.08	76.40

Balance Sheet (consolidated, figures in Rs Cr.)

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Equity Capital	1,163	1,165	1,286	1,289	1,295	1,383	1,390	1,397	1,405	1,425
Reserves	92,941	103,461	109,338	112,959	121,662	156,201	180,663	213,101	254,739	312,481
+ Borrowings	671,455	700,874	815,198	891,641	1,014,636	1,103,840	1,252,968	1,399,894	1,651,008	1,860,521
Secured Borrowings	189,054	170,670	229,402	210,324	213,852	143,900	161,603	189,062	207,428	218,883
Unsecured Borrowings	482,401	530,204	585,796	681,317	800,784	959,940	1,091,366	1,210,832	1,443,580	1,641,637
Deferred Credit	78,395	60,867	73,023	67,181	52,066	31,864	34,246	30,545	35,907	30,997
+ Other Liabilities	153,197	180,225	198,459	232,904	239,699	312,388	317,616	344,099	456,911	467,815
Current Liabilities	56,065	63,396	64,575	77,941	90,316	102,874	86,526	102,854	166,890	164,852
Minority Interest	3,356	4,865	6,008	6,581	6,795	9,588	5,981	6,687	13,888	14,837
Policy Holders Fund	97,053	115,497	131,488	152,379	145,486	203,180	228,827	238,867	281,318	294,306
Equity Application Money	7	6	6	5	3	3	0	0	0	0
Total Liabilities	918,756	985,725	1,124,281	1,238,794	1,377,292	1,573,812	1,752,637	1,958,491	2,364,063	2,642,241
+ Fixed Assets	8,713	9,338	9,465	9,660	10,409	10,809	10,707	11,070	15,714	24,272
Gross Block	15,752	16,884	17,727	18,132	19,716	21,065	21,203	22,426	29,466	39,670
Accumulated Depreciation	7,038	7,546	8,262	8,471	9,307	10,256	10,497	11,356	13,752	15,398
CWIP	0	0	0	0	0	0	0	0	0	0
Investments	286,044	304,373	372,208	398,201	443,473	536,579	567,098	639,552	827,163	886,377
+ Other Assets	623,999	672,013	742,608	830,933	923,411	1,026,424	1,174,833	1,307,868	1,521,186	1,731,593
Cash Equivalents	65,036	80,491	88,999	87,391	127,853	147,571	183,126	136,456	162,769	214,023
Loans n Advances	562,246	595,063	657,227	747,543	798,459	882,112	995,425	1,175,721	1,363,603	1,523,749
Other asset items	-3,284	-3,541	-3,618	-4,001	-2,901	-3,258	-3,718	-4,309	-5,185	-6,180
Total Assets	918,756	985,725	1,124,281	1,238,794	1,377,292	1,573,812	1,752,637	1,958,491	2,364,063	2,642,241

Cash Flow (consolidated, figures in Rs Cr.)

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
+ Cash from Operating Activity	23,645	52,636	19,383	48,671	79,565	138,015	58,111	-3,771	157,284	122,805
Profit from Operations	23,045	23,625	24,530	27,137	33,692	39,859	45,576	56,183	66,993	76,904
Working Capital Changes	7,099	34,914	-696	29,890	48,265	101,990	17,517	-49,078	103,635	64,018
Profit Before Tax & Extraordinary Items	13,557	12,657	9,591	5,973	16,929	24,049	33,568	45,830	59,684	69,464
Depreciation	957	1,044	1,039	1,045	1,370	1,471	1,479	4,340	3,613	2,588
Profit / Loss on Sale of Assets	-26	1	-3	2	0	6	-6	-54	-14	-44
Provisions & Write-offs (Net)	8,543	9,903	13,890	20,108	15,381	14,325	10,268	5,548	3,007	4,106
Loans & Advances	-64,849	-41,180	-68,750	-97,298	-69,243	-96,893	-134,905	-163,893	-178,265	-164,020
Change in Deposits	65,122	61,510	73,209	95,521	119,468	159,156	131,426	119,466	232,993	198,057
Direct Taxes Paid	-6,499	-5,903	-4,451	-8,356	-2,392	-3,834	-4,982	-10,875	-13,344	-18,116
+ Cash from Investing Activity	-12,060	-1,711	-50,551	-30,282	-42,095	-63,631	-40,007	-67,689	-144,737	-77,140
Purchase of Fixed Assets	-848	-1,317	-1,042	-1,148	-1,873	-1,688	-1,860	-2,468	-3,679	-4,770
Sale of Fixed Assets	70	16	27	47	26	12	117	287	70	65
Purchase of Investments	-11,041	-305	-49,558	-29,046	-40,461	-61,311	-37,579	-65,825	-142,322	-72,583
Others	-241	-105	23	-135	214	-644	-686	316	1,195	148
+ Cash from Financing Activity	5,814	-35,470	39,676	-19,997	2,992	-54,667	17,451	24,791	13,765	5,589
Proceeds from Issue of Shares	282	177	394	349	549	15,460	798	942	1,171	1,438
Proceeds from Other Long-Term Borrowings	45,560	40,376	43,055	26,239	36,611	29,422	35,698	41,736	39,197	40,446
Proceeds from Short-Term Borrowings	0	0	38,377	0	18,718	0	16,944	12,484	18,142	10,680
Repayment of Long-Term Borrowings	-31,971	-50,808	-40,434	-30,416	-52,001	-52,773	-34,603	-26,892	-39,147	-39,933
Repayment of Short-Term Borrowings	-4,606	-21,792	0	-15,000	0	-46,775	0	0	0	0
Dividend Paid	-3,452	-3,423	-1,716	-1,169	-886	0	-1,385	-3,479	-5,599	-7,041
Net Cash Flow	17,399	15,455	8,508	-1,608	40,462	19,718	35,555	-46,669	26,312	51,255