ICICI Bank Ltd

₹ 1,418 -1.29%
14 Jan
🔗 Website | BSE: 532174 | NSE: ICICIBANK
10,14,465
1,418
1,500
20.5
433
0.78
7.61
17.8

ABOUT

ICICI Bank is the second-largest private sector bank in India offering a diversified portfolio of financial products and services to retail, SME and corporate customers. The Bank has an extensive network of branches, ATMs and other touch-points.The ICICI group has presence in businesses like life and general insurance, housing finance, primary dealership, etc, through its subsidiaries and associates.[1]

Stock Analysis

Description

  • ICICI Bank Limited is India's second-largest private sector bank, offering a diversified portfolio of financial products and services to retail, SME and corporate customers.

Key Growth Triggers

  • Currently no data available for Key Growth Triggers.

Order Book

  • Currently no data available for Order Book.

Key Red Flags

  • Currently no data available for Key Red Flags.

Key Dates To Watch

  • The analyst and media calls discussing Q3 FY26 results took place on January 17, 2026.

Peer Comparison

S.No.NameCurrent Price (Rs.)Price to EarningMarket Capitalization (Rs.Cr.)Dividend yield (%)Net Profit latest quarter (Rs.Cr.)YOY Quarterly profit growth (%)Sales latest quarter (Rs.Cr.)YOY Quarterly sales growth (%)Return on capital employed (%)Sales (Rs.Cr.)OPM (%)Profit after tax (Rs.Cr.)Profit after tax latest quarter (Rs.Cr.)Price to book valueReturn on assets (%)Debt to equity
1.HDFC Bank925.4519.681423765.701.1920363.7710.0186993.844.817.51346185.2242.6172360.0719610.672.641.746.30
2.ICICI Bank1418.4020.471014465.350.7812358.895.2241757.953.017.61168435.4870.6849549.1012358.893.282.375.58
3.Kotak Mah. Bank421.0022.54418705.250.124468.27-11.4217198.744.708.1767852.1227.8018574.234468.272.492.683.62
4.Axis Bank1298.8015.52403317.430.085566.56-25.3132309.772.247.11129272.6059.6725988.995527.852.031.787.28
5.IDBI Bank104.8512.14112738.942.003240.7773.567109.01-4.516.7828937.8570.499284.323229.581.651.974.81
6.IndusInd Bank944.5073583.730.00-436.88-132.8211608.63-8.496.4747307.1246.88-759.35-436.881.130.486.70
7.Yes Bank22.9525.3972014.740.00664.3117.257388.75-4.506.3630449.5759.652836.87664.311.460.597.29

Quarterly Results

Figures in Cr.

Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025
Sales
YOY Sales Growth %
22.6%29.09%36.81%40.79%34.14%28.73%22.33%17.01%16.09%12.55%11.81%10.13%3.01%
Expenses
9,80610,47510,54810,81510,43811,10110,42111,86211,73511,77911,67913,20812,721
Material Cost %
Employee Cost %
11.1%10.25%10.96%11.65%10.67%10.39%9.8%11.21%10.2%9.51%9.68%11.04%10.4%
Operating Profit
OPM %
Other Income
5,0555,0245,0885,4355,7776,0975,6497,0027,1777,0687,2608,5057,576
Exceptional items
Other income normal
5,0555,0245,0885,4355,7776,0975,6497,0027,1777,0687,2608,5057,576
Interest
11,24612,04113,35415,10116,61218,01618,85619,44320,48920,92921,23821,31220,228
Depreciation
0000000000000
Profit before tax
10,03611,01412,20712,84713,64713,67414,32014,69315,49015,66016,77416,93116,384
Tax %
25%25%25%25%25%25%25%25%24%25%25%25%25%
Net Profit
7,5588,3129,1229,64810,26110,27210,70811,05911,74611,79212,63012,76812,359
EPS in Rs
10.8511.9113.0613.7914.6514.6415.2515.7216.6716.717.7317.8917.3

Profit & Loss

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025TTM
Sales
Sales Growth %
Expenses
12,36414,74223,65329,20632,23036,97334,71936,70334,20438,21441,11344,90649,387
Material Cost %
Raw material cost
Change in inventory
Manufacturing Cost %
Employee Cost %
Other Cost %
Operating Profit
OPM %
Other Income
10,42812,17615,32319,50417,42014,51216,44918,96918,51819,83122,95828,50730,409
Exceptional items
Other income normal
Interest
27,70330,05231,51532,41931,94036,38641,53140,12938,90847,10368,58582,09983,708
Depreciation
5766596997587817779491,0721,1711,3251,6632,1490
Profit before tax
13,96315,81512,19611,2797,4353,77714,04820,18330,60942,42154,48862,61665,749
Tax %
30%29%20%13%9%11%44%20%24%25%25%25%
Net Profit
9,81011,1759,7269,8016,7773,3637,93116,19323,33931,89640,88847,22749,549
Exceptional items AT
Profit excl Excep
Profit for PE
Profit for EPS
EPS in Rs
15.4417.5215.2115.310.545.2212.2523.4133.5945.6858.2366.3169.62
Dividend Payout %
27%26%30%15%14%19%0%9%15%18%17%17%

Balance Sheet

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Sep 2025
Equity Capital
1,1551,1601,1631,1651,2861,2891,2951,3831,3901,3971,4051,4251,429
Reserves
72,05879,27088,57298,7861,03,8731,07,0791,15,2101,46,1261,69,1221,99,3192,36,9952,90,6523,07,696
Borrowings
Long term Borrowings
Short term Borrowings
Lease Liabilities
Other Borrowings
Other Liabilities
34,75631,72034,72634,24530,19637,85147,99558,77068,98383,32595,32392,2771,02,502
Trade Payables
4,8454,8694,7068,1677,1728,3345,34412,38712,95013,47812,6738,9670
Advance from Customers
Other liability items
29,91126,85130,02126,07823,02429,51742,65146,38356,03369,84782,65083,3111,02,502
Total Liabilities
5,94,6426,46,1297,20,6957,71,7918,79,1899,64,45910,98,36512,30,43314,11,29815,84,20718,71,51521,18,24021,36,271
Fixed Assets
4,6784,7267,5777,8057,9047,9318,4108,8789,3749,60010,86012,83913,273
Land
Building
3,963.924,052.266,933.67,270.137,392.117,554.167,746.837,889.078,148.698,122.448,478.69,436.69
Plant Machinery
Equipments
Furniture & fittings
Vehicles
Intangible Assets
Other fixed assets
5,986.696,352.166,743.267,042.767,629.977,614.658,578.919,659.671,789.0811,632.5313,804.3116,283.02
Gross Block
9,950.6110,404.4213,676.8614,312.8915,022.0815,168.8116,325.7417,548.7418,815.0119,754.9722,282.9125,719.71
Accumulated Depreciation
5,272.475,678.96,099.946,507.687,118.567,237.397,915.458,671.169,441.210,155.1311,423.0712,880.97
CWIP
0000000000000
Investments
1,77,0221,58,1291,60,4121,61,5072,02,9942,07,7332,49,5312,81,2873,10,2413,62,3304,61,9425,04,7574,99,592
Other Assets
4,12,9424,83,2755,52,7066,02,4806,68,2917,48,7958,40,4239,40,26910,91,68312,12,27713,98,71216,00,64416,23,405
Inventories
Trade receivables
Receivables under 6m
Receivables over 6m
Prow for Doubtful
Cash Equivalents
16,63518,97520,52624,50825,05829,15425,34039,0001,02,40259,96780,9601,13,65479,472
Loans & Advances
Other Assets items
Total Assets
5,94,6426,46,1297,20,6957,71,7918,79,1899,64,45910,98,36512,30,43314,11,29815,84,20718,71,51521,18,24021,36,271

Cash Flows

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Cash from Operating Activity
4,669-4,82422,42839,22313,30438,41978,4491,24,09355,0477,69081,6571,22,357
Profit from operations
15,68618,56119,53118,82620,08322,85428,38734,31140,53050,50659,34666,918
Receivables
Inventory
Payables
Loans Advances
-51,044-53,960-56,848-47,501-64,869-90,641-68,454-99,495-1,31,476-1,60,696-1,66,104-1,61,381
Other WC items
-2,944378-1,2573,948-11,8701,3887,0596,15913,206-4926,401-3,459
Working capital changes
-6,857-19,2188,47625,094-3,48422,28351,08492,28518,211-33,09933,39669,682
Direct taxes
-4,161-4,168-5,579-4,697-3,295-6,718-1,021-2,502-3,694-9,716-11,085-14,243
Cash from Investing Activity
-11,395-9,406-4,2797,000-38,966-24,041-36,945-54,186-35,221-65,501-62,245-69,425
Fixed assets purchased
-678-787-700-783-824-831-1,367-1,430-1,611-2,020-2,875-3,370
Fixed assets sold
1993165122238156212825460
Investments purchased
-13,696-10,89100-45,4670000000
Investments sold
6130-8,99852000000000
Interest received
Redeemp Cnce of Shares
Acquisition of companies
000000000-530-2,824-1,376
Other investing items
852-207-329-453-25,464-36,866-57,732-38,275-65,017-58,673-67,357
Cash from Financing Activity
6,83815,006-585-30,37934,118-18,251-2,645-55,93514,8689,4261,076-7,296
Redemption of debentures
Proceeds from borrowings
26,96039,30833,26831,21868,12114,43638,69115,20938,77032,98737,53729,980
Repayment of borrowings
-17,652-21,759-30,962-58,593-32,930-32,071-41,240-86,604-23,314-21,024-32,034-31,672
Interest paid fin
Dividends paid
-2,545-2,891-3,174-3,181-1,466-965-6450-1,385-3,479-5,599-7,041
Financial liabilities
Other financing items
Net Cash Flow
11277517,56415,8448,456-3,87338,85913,97334,694-48,38420,48845,636

Ratios

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Debtor Days
Inventory Days
Days Payable
Cash Conversion Cycle
Working Capital Days
ROCE %

Shareholding Pattern

Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025
Promoters
FIIs
45.11%44.16%44.53%44.39%43.65%44.77%45.48%46.22%45.7%45.83%46.77%45.56%
Dodge And Cox International Stock Fund
1.531.541.42
Europacific Growth Fund
1.661.41.29
Government Of Singapore
3.663.433.353.23.173.162.882.542.512.272.052.01
Government Pension Fund Global
1.31.341.511.621.681.861.81.74
Vanguard Total International Stock Index Fund
1.281.321.32
DIIs
44.18%45.11%45%45.27%46%45.1%44.45%44.17%44.95%44.77%43.91%45.06%
Aditya Birla Sun Life Mutual Fund
1.711.741.671.681.611.431.41.321.351.321.311.33
Axis Mutual Fund
1.51.31.261.221.251.251.27
Hdfc Mutual Fund
2.812.993.033.233.433.453.623.653.673.763.774.09
Icici Prudential Mutual Fund
3.343.563.743.974.464.494.474.364.474.574.554.6
Kotak Mahindra Mutual Fund
1.721.681.591.56
Kotak Mutual Fund
1.651.31.491.41.52
Life Insurance Corporation Of India
7.77.727.627.346.937.017.267.417.146.86.386.07
Mirae Asset Mutual Fund
1.341.381.351.441.35
Nippon Life India Mutual Fund
1.421.481.481.511.81.841.8922.162.252.272.27
Nps Trust
2.312.482.582.652.732.762.612.532.542.582.763
Sbi Life Insurance Company Limited
1.371.441.451.461.471.591.471.491.541.561.521.63
Sbi Mutual Fund
6.917.17.287.47.397.146.76.416.536.136.076.22
Uti Mutual Fund
2.272.372.392.412.372.382.382.292.432.452.512.56
Government
0.24%0.24%0.25%0.26%0.27%0.28%0.28%0.27%0.27%0.27%0.27%0.27%
Public
10.46%10.48%10.22%10.09%10.09%9.84%9.79%9.34%9.08%9.12%9.06%9.11%
Others
No. of Shareholders
17,80,47218,33,99417,68,79517,90,87918,02,20717,85,57218,03,05118,12,90718,45,31119,02,50318,75,92420,20,382

News & Updates

Documents

Announcements

Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
2d - Earnings and media calls Jan 17, 2026 for quarter and 9M ended Dec 31, 2025.
Call With Media On Financial Results For The Quarter And Nine Months Ended December 31, 2025
2d - Earnings and media calls on Jan 17, 2026 at 4pm/5pm IST for quarter and nine months ended Dec 31, 2025.
Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS
2d - Allotment of 1,185,510 equity shares at FV Rs. 2 each under ICICI Bank employees Stock Option Scheme 2000.
Disclosure Under Regulation 30 Of The SEBI (LODR) Regulations, 2015
12 Jan - Jan 12, 2026: ICICI Bank completed SPA and acquired 100% of ICICI PFM from ICICI Prudential Life.
Announcement under Regulation 30 (LODR)-Change in Directorate
12 Jan - Ms. Neelam Dhawan retired as ICICI Bank Independent Director on Jan 11, 2026 after completing second term.

Annual Reports

Credit Ratings

Rating update
19 Nov 2025 from crisil
Rating update
30 Oct 2025 from icra
Rating update
24 Oct 2025 from care
Rating update
19 Nov 2024 from crisil
Rating update
30 Oct 2024 from icra
Rating update
25 Oct 2024 from care

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