ICICI Bank Ltd
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]
Weaknesses
- −Stock is trading at 2.66 times its book value
- −Company has low interest coverage ratio.
- −Contingent liabilities of Rs.61,71,075 Cr.
- −Company might be capitalizing the interest cost
Shareholding Pattern
| Category | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| FIIs | 45.48% | 46.22%▲0.7 | 45.7%▼0.5 | 45.83%▲0.1 | 46.77%▲0.9 | 45.56%▼1.2 | 43.87%▼1.7 | 34.48%▼9.4 |
| DIIs | 44.45% | 44.17%▼0.3 | 44.95%▲0.8 | 44.77%▼0.2 | 43.91%▼0.9 | 45.06%▲1.2 | 46.74%▲1.7 | 39.94%▼6.8 |
| Public | 9.79% | 9.34%▼0.4 | 9.08%▼0.3 | 9.12%▲0.0 | 9.06%▼0.1 | 9.11%▲0.0 | 9.13%▲0.0 | 25.36%▲16.2 |
Financial Statements
| Metric | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Expenses | 11,101 | 10,421 | 11,862 | 11,735 | 11,779 | 11,679 | 13,208 | 12,721 | 14,500 | 12,185 |
| Operating Profit | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| OPM % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Net Profit | 10,272 | 10,708 | 11,059 | 11,746 | 11,792 | 12,630 | 12,768 | 12,359 | 11,318 | 13,702 |
| EPS ₹ | 14.64 | 15.25 | 15.72 | 16.67 | 16.7 | 17.73 | 17.89 | 17.3 | 15.83 | 19.14 |
AI Insights
Mar 2026 revenue at ₹0Cr, up 0% YoY. OPM at 0%.
Borrowings at ₹0Cr. Debt-to-equity ratio: 0.00x. Healthy balance sheet.
DIIs: 39.94% (-5.06pp change). FIIs: 34.48% (-10.05pp change). Promoters hold 0%.
ROCE improving from 0% (Mar 2015) to 0% (Mar 2026). Working capital days: 0.
PE 17.9x with 6.92% ROCE. Price is 168% above book value of ₹467. Dividend yield: 0.89%.
Recent Announcements
- Disclosure Under Regulation 30 Of The SEBI (LODR) Regulations, 2015 17m - Prudential to buy 75% of Bharti Life; ICICI Pru Life stake to fall below 10%.
- Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS 2d - Allotment of 164,293 equity shares at FV Rs. 2 each under ICICI Bank Employees Stock Option Scheme 2000.
- Disclosure Under Regulation 30 Read With Para A Of Schedule III And Regulation 46(2) Of The SEBI (LODR) Regulations, 2015 12 May - ICICI Bank will participate in Citi’s 2026 Pan-Asia Conference on May 18, 2026, in person.
- Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS 12 May - Allotment of 887,886 equity shares at FV Rs. 2 each under ICICI Bank Employees Stock Option Scheme 2000.
- Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS 8 May - Allotment of 66,061 equity shares at FV Rs 2 each under ICICI Bank Employees Stock Unit Scheme 2022.
- Financial Year 2025 from bse
- Financial Year 2024 from bse
- Financial Year 2023 from bse