ICICI Prudential Life Insurance Company Ltd
ICICI Prudential Life Insurance Company Ltd carries on business of providing life insurance, pensions and health insurance products to individuals and groups. The business is conducted in participating, non-participating and unit linked lines of business. These products are distributed through individual agents, corporate agents, banks, brokers, sales force and company's website.[1]
Strengths
- +Company is expected to give good quarter
Weaknesses
- −Stock is trading at 5.33 times its book value
- −The company has delivered a poor sales growth of -5.27% over past five years.
- −Tax rate seems low
- −Company has a low return on equity of 6.91% over last 3 years.
- −Earnings include an other income of Rs.1,221 Cr.
Shareholding Pattern
| Category | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters | 73.17% | 73.05%▼0.1 | 73.01%▼0.0 | 73%▼0.0 | 72.96%▼0.0 | 72.93%▼0.0 | 72.88%▼0.1 | 72.8%▼0.1 |
| FIIs | 13.23% | 12.98%▼0.3 | 12.78%▼0.2 | 13.24%▲0.5 | 13.12%▼0.1 | 13.15%▲0.0 | 11.48%▼1.7 | 10.89%▼0.6 |
| DIIs | 8.82% | 9.29%▲0.5 | 9.45%▲0.2 | 8.8%▼0.6 | 8.86%▲0.1 | 8.65%▼0.2 | 10.41%▲1.8 | 11.05%▲0.6 |
| Public | 4.75% | 4.66%▼0.1 | 4.76%▲0.1 | 4.94%▲0.2 | 5.07%▲0.1 | 5.26%▲0.2 | 5.22%▼0.0 | 5.23%▲0.0 |
Financial Statements
| Metric | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 26,429 | 22,481 | 25,395 | 25,157 | 4,536 | 15,687 | 25,400 | 11,935 | 22,833 | 3,299 |
| Expenses | 26,578 | 22,753 | 25,354 | 24,831 | 4,286 | 15,262 | 25,177 | 11,940 | 22,078 | 3,938 |
| Operating Profit | -150 | -273 | 42 | 327 | 250 | 424 | 223 | -6 | 755 | -639 |
| OPM % | -1% | -1% | 0% | 1% | 6% | 3% | 1% | 0% | 3% | -19% |
| Net Profit | 227 | 174 | 225 | 252 | 326 | 386 | 302 | 299 | 390 | 609 |
| EPS ₹ | 1.58 | 1.21 | 1.56 | 1.74 | 2.25 | 2.67 | 2.09 | 2.07 | 2.7 | 4.2 |
AI Insights
Mar 2026 revenue at ₹63,467Cr, down 10.3% YoY. OPM at 1%.
Borrowings at ₹2,595Cr. Debt-to-equity ratio: 0.21x. Healthy balance sheet.
DIIs: 11.05% (+4.73pp change). FIIs: 10.89% (-4.54pp change). Promoters hold 72.8%.
ROCE declining from 34% (Mar 2015) to 9% (Mar 2026). Working capital days: -1.
PE 46.9x with 8.84% ROCE. Price is 451% above book value of ₹94. Dividend yield: 0.33%.
Recent Announcements
- Disclosure under Regulation 30A of LODR 12h - Prudential to buy 75% of Bharti Life; may cut ICICIPru Life stake below 10%.
- Announcement Under Regulation 30 13h - Prudential to buy 75% of Bharti Life; may cut ICICI Prudential Life stake below 10%.
- Intimation Of Notice Sent To Shareholders For Transfer Of Shares To Investor Education And Protection Fund (IEPF) 2d - Shareholders warned unclaimed FY2020-FY2026 dividends and shares transfer to IEPF after August 18, 2026.
- Intimation As Per Regulation 30, Regulation 42 And Regulation 51 Of The SEBI (LODR) Regulations, 2015 14 May
- Intimation Of The Date Of Annual General Meeting 14 May - Board approved 26th AGM on June 30, 2026 and fixed June 5, 2026 record date for ₹1.65 dividend.
- Financial Year 2025 from bse
- Financial Year 2024 from bse
- Financial Year 2023 from bse