ICICI Prudential Life Insurance Company Ltd

ICICIPRULI

Watchlist

AI Mode

‌

Market Cap

₹ 93,943 Cr

P/E

71.87

‌

‌
‌

‌

‌
‌

Investment Checklist

How to read checklist?

Performance

STEADY PERFORMER

Valuation

REASONABLE

Growth

SLUGGISH

Profitability

MODERATE MARGIN

Technicals

Bullish

Risk

HIGH RISK

Investment Checklist

‌

‌
‌

‌

‌
‌

‌

‌
‌

‌

‌
‌

‌

‌
‌

‌

‌
‌

‌

Price

PE Ratio

Price

‌

Overview

Detailed Summary

ICICI Prudential Life Insurance Company Limited, a joint venture between ICICI Bank and Prudential Corporation Holdings, operates in the Indian life insurance sector. Their core business covers life insurance, long-term savings, and health products for individuals and groups.

The company's AUM reached ₹3.21 trillion as of September 30, 2025, signaling robust asset growth. Additionally, they reported a 9.2% y-o-y premium growth to ₹212.51 billion for H1-FY2026.

Persistent high VNB margin of 24.5% and a claim settlement ratio of 99.3% indicate strong operational efficiency and customer-centric approach.

ICICI Prudential is focusing on diversifying its product mix, particularly in protection and non-par products, which now account for a significant portion of traditional business revenue.

Significant regulatory changes, including the new GST regime, are anticipated to boost long-term growth and transform the life insurance landscape, presenting new opportunities for ICICI Prudential.

Sector

Insurance

Industry

Life Insurance

Market Cap

93,943 Cr

Volatility

Low Risk

P/E Ratio

71.9

Industry P/E

18.9

PEG Ratio

5.1

P/B Ratio

7.4

52W High

693.00

52W Low

517.00

Sales CAGR

-21.08%

3.57%

26.34%

10Y

14.90%

Profit CAGR

39.36%

16.39%

2.16%

10Y

-3.58%

ROE

TTM

10.28%

8.63%

8.90%

10Y

13.93%

ROCE

TTM

0.56%

0.41%

0.42%

10Y

0.66%

Technicals

‌

Forecasts

Unlock Premium Features

Price, EPS and Revenue Projections

Strong SellSellHoldBuyStrong Buy

Strong Buy

Buy

Hold

Sell

Strong Sell

updated on

Dec 03, 2025

Peers

Symbol	Price	Market Cap	P/E	P/B	Div Yield (%)	ROE (%)	ROCE (%)	ROA (%)
ICICIGI	1948.10	97,140 Cr	34.69	6.07	0.64	17.51	22.28	4.72
ICICIPRULI	649.25	93,943 Cr	71.87	7.41	0.13	10.28	0.56	0.40
GICRE	380.30	67,106 Cr	7.01	0.99	2.61	14.17	11.80	4.32
MFSL	1696.15	58,575 Cr	357.32	11.04	0.00	3.04	3.53	0.10
GODIGIT	347.20	32,242 Cr	63.46	6.96	0.00	10.97	10.50	2.18
NIACL	167.00	27,571 Cr	23.73	0.96	1.08	4.03	2.35	0.97
STARHEALTH	467.50	27,549 Cr	51.68	3.70	0.00	7.16	8.87	2.51

Financial Statements

AI Powered Summary

Discover detailed, AI-driven financial summaries that break down key metrics, trends, and insights—empowering you to make smarter investment decisions.

AI Mode

Consolidated Quarterly Results (in ₹ Crores)

View Standalone

Total Figures

QoQ Changes

Total Figures

	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025
Sales	23,541	17,527	26,648	22,591	25,458	25,008	4,516	15,638	25,320	12,016
Expenses	23,341	17,226	26,266	22,386	25,174	24,915	4,098	15,344	24,944	11,531
Operating Profit	201	301	382	206	284	93	419	294	376	485
OPM %	0.85	1.72	1.43	0.91	1.12	0.37	9.28	1.88	1.49	4.04
Other Income	6.75	-53	-150	28	-25	193	-44	119	-33	-142
Interest	—	—	—	—	—	—	—	—	—	—
Depreciation	—	—	—	—	—	—	—	—	—	—
Profit Before Tax	207	248	231	234	259	285	375	413	343	342
Tax %	—	—	—	—	—	—	—	—	—	—
Net Profit	206	244	227	174	224	251	325	385	301	296
EPS in Rs	1.42	1.68	1.56	1.19	1.54	1.74	2.23	2.65	2.08	2.03

Consolidated Profit Loss (in ₹ Crores)

View Standalone

Total Figures

YoY Changes

Total Figures

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	TTM
Sales	37,193	38,217	41,400	21,939	84,079	63,565	50,478	90,307	70,620	70,482
Expenses	36,119	36,854	40,167	19,753	81,974	61,374	48,176	89,218	69,530	69,300
Operating Profit	1,074	1,363	1,233	2,187	2,105	2,190	2,302	1,089	1,090	1,182
OPM %	2.89	3.57	2.98	9.97	2.50	3.45	4.56	1.21	1.54	1.68
Other Income	711	356	-72	-1,120	-1,028	-1,396	-1,402	-169	242	235
Interest	—	—	—	—	—	—	—	—	—	0.00
Depreciation	—	—	—	—	—	—	—	—	—	0.00
Profit Before Tax	1,784	1,719	1,161	1,067	1,077	795	900	921	1,332	1,416
Tax %	—	—	—	—	—	—	—	—	—	10.88
Net Profit	1,682	1,619	1,139	1,067	956	759	813	851	1,186	1,262
EPS in Rs	—	—	7.88	7.36	6.60	5.22	5.62	5.86	8.16	8.98
Dividend Payout %	62.71	59.40	39.72	10.78	30.08	10.46	10.62	10.19	10.42	—

Consolidated Balance Sheet (in ₹ Crores)

View Standalone

Total Figures

YoY Changes

Total Figures

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Equity Capital	1,432	1,435	1,435	1,436	1,436	1,436	1,437	1,439	1,441	1,445
Reserves	3,891	4,971	5,446	5,607	5,777	7,673	7,721	8,651	9,564	10,488
Borrowings	0.00	0.00	0.00	0.00	0.00	1,200	1,200	1,200	1,200	2,600
Other Liabilities	99,442	1,18,335	1,34,937	1,56,044	1,48,818	2,06,911	2,34,079	2,44,562	2,86,796	2,99,705
Total Liabilities	1,04,765	1,24,741	1,41,819	1,63,086	1,56,031	2,17,220	2,44,437	2,55,851	2,99,001	3,14,239
Fixed Assets	220	214	422	476	478	457	488	596	719	848
CWIP	7.49	7.23	18	13	20	22	54	117	49	36
Investments	1,03,024	1,21,581	1,38,537	1,59,003	1,51,251	2,12,202	2,38,101	2,48,216	2,89,728	3,03,979
Other Assets	1,514	2,939	2,842	3,594	4,282	4,538	5,794	6,922	8,504	9,376
Total Assets	1,04,765	1,24,741	1,41,819	1,63,086	1,56,031	2,17,220	2,44,437	2,55,851	2,99,001	3,14,239

Consolidated Cash Flows (in ₹ Crores)

View Standalone

Total Figures

YoY Changes

Total Figures

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Cash from Operating Activity	3,635	4,130	5,690	11,377	8,596	7,314	1,831	89	-7,315	-9,413
Cash from Investing Activity	27	-696	-5,389	-7,559	-10,797	-5,084	-816	-1,145	7,420	6,875
Cash from Financing Activity	-1,442	-994	-1,188	-843	-405	1,205	-319	-112	-88	1,422
Net Cash Flow	2,220	2,439	-887	2,975	-2,606	3,434	696	-1,168	17	-1,116

Shareholdings

Shareholding History

Quarterly

Yearly

Quarterly

	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025
Promoters	73.35%	73.35%	73.33%	73.29%	73.27%	73.24%	73.18%	73.05%	73.01%	73.00%	72.96%	72.93%
FIIs	15.41%	15.21%	15.42%	15.50%	14.73%	13.36%	13.23%	12.98%	12.78%	13.25%	13.12%	13.16%
DIIs	5.93%	6.14%	6.33%	6.39%	6.92%	8.54%	8.83%	9.29%	9.45%	8.80%	8.85%	8.65%
Public	5.31%	5.30%	4.92%	4.82%	5.07%	4.86%	4.76%	4.67%	4.76%	4.95%	5.07%	5.26%
Total Shareholders	3,84,297	3,82,944	3,62,342	3,52,395	3,58,759	3,41,039	3,29,374	3,23,661	3,26,208	3,29,897	3,41,346	3,45,273

Market Transactions

Date	Party	Category	Type	Avg Price (₹)	Total Value (₹)	Quantity	Percent Traded
Jan 25, 2024	Marshall wace investment stra...	Block	Buy	488.55	0.92 Cr	18,745	0.00
Jan 25, 2024	Marshall wace investment stra...	Block	Buy	488.55	2.96 Cr	60,568	0.00
Jan 25, 2024	Societe generale	Block	Sell	488.55	33.21 Cr	6,79,836	0.04
Jan 25, 2024	Marshall wace investment stra...	Block	Buy	488.55	29.34 Cr	6,00,523	0.04

Projection

Unlock Premium Features

Get In-depth insights on EPS and Revenue forecasts

Actions

Action Type

‌
‌

Announcements

Last 7 days

Newest

Sentiment

Corporate Action

3 hours ago

Allotment of Shares Under ESOP/ESPS

The company has allotted 74,655 equity shares under the Employees Stock Option Scheme and 3,696 equity shares under the Employees Stock Unit Scheme as of December 16, 2025.

Documents

Presentations

Concalls

Reports

Presentations

Investor Presentation

Q2 FY26

Investor Presentation

Q1 FY26

Investor Presentation

Q4 FY25

Investor Presentation

Q3 FY25

Investor Presentation

Q3 FY25

Investor Presentation

Q3 FY25

Investor Presentation

Q3 FY25

Investor Presentation

Q2 FY25

Showing 1 - 8 of 40

AI Mode

Get instant AI-powered insights about company performance, financials, and strategy. Ask questions about trends, competition, and developments while receiving responses backed by official documents and market data, with clear attribution to source documents.

AI Mode

Overview

Detailed Summary

The company's AUM reached ₹3.21 trillion as of September 30, 2025, signaling robust asset growth. Additionally, they reported a 9.2% y-o-y premium growth to ₹212.51 billion for H1-FY2026.

Persistent high VNB margin of 24.5% and a claim settlement ratio of 99.3% indicate strong operational efficiency and customer-centric approach.

ICICI Prudential is focusing on diversifying its product mix, particularly in protection and non-par products, which now account for a significant portion of traditional business revenue.

Significant regulatory changes, including the new GST regime, are anticipated to boost long-term growth and transform the life insurance landscape, presenting new opportunities for ICICI Prudential.

Sector

Insurance

Industry

Life Insurance

Market Cap

93,943 Cr

Volatility

Low Risk

P/E Ratio

71.9

Industry P/E

18.9

PEG Ratio

5.1

P/B Ratio

7.4

52W High

693.00

52W Low

517.00

Sales CAGR

-21.08%

3.57%

26.34%

10Y

14.90%

Profit CAGR

39.36%

16.39%

2.16%

10Y

-3.58%

ROE

TTM

10.28%

8.63%

8.90%

10Y

13.93%

ROCE

TTM

0.56%

0.41%

0.42%

10Y

0.66%