ICICI PRUDENTIAL LIFE INSURANCE COMPANY LIMITED Financials ICICI Prudential Life Insurance Company Limited
Equities
ICICIPRULI
INE726G01019
Life & Health Insurance
|
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 591.8 INR | +2.33% |
|
+2.61% | +10.64% |
Valuation
| Fiscal Period: March | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 502,884 | 510,736 | 639,870 | 719,947 | 626,786 | 852,897 | - | - |
| Enterprise Value (EV) 1 | 496,273 | 502,617 | 646,287 | 725,237 | 631,033 | 876,831 | 861,399 | 858,802 |
| P/E ratio | 44.2 x | 47.9 x | 67 x | 95.2 x | 77.1 x | 103 x | 87 x | 71.4 x |
| Yield | 0.9% | 0.22% | 0.45% | 0.11% | 0.14% | 0.34% | 0.33% | 0.33% |
| Capitalization / Revenue | 1.64 x | 1.55 x | 1.83 x | 1.98 x | 1.63 x | 2.1 x | 1.89 x | 1.68 x |
| EV / Revenue | 1.62 x | 1.53 x | 1.85 x | 2 x | 1.64 x | 2.1 x | 1.91 x | 1.69 x |
| EV / EBITDA | - | - | - | - | - | - | - | - |
| EV / FCF | 4,405,625 x | - | - | - | - | - | - | - |
| FCF Yield | 0% | - | - | - | - | - | - | - |
| Price to Book | 7.14 x | 7.08 x | 7.03 x | 7.86 x | 6.21 x | 7.82 x | 7.18 x | 6.65 x |
| Nbr of stocks (in thousands) | 1,435,784 | 1,435,862 | 1,435,974 | 1,437,306 | 1,438,571 | 1,441,313 | - | - |
| Reference price 2 | 350.2 | 355.7 | 445.6 | 500.9 | 435.7 | 591.8 | 591.8 | 591.8 |
| Announcement Date | 4/24/19 | 4/25/20 | 4/19/21 | 4/16/22 | 4/20/23 | 4/23/24 | - | - |
1INR in Million2INR
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: March | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 305,783 | 328,790 | 349,734 | 363,213 | 385,595 | 417,597 | 451,187 | 506,894 |
| EBITDA | - | - | - | - | - | - | - | - |
| EBIT 1 | 11,612 | 10,670 | 10,774 | 7,948 | 9,003 | 9,205 | 13,995 | 15,564 |
| Operating Margin | 3.8% | 3.25% | 3.08% | 2.19% | 2.33% | 2.2% | 3.1% | 3.07% |
| Earnings before Tax (EBT) 1 | 11,612 | 10,670 | 10,774 | 7,948 | 9,003 | 9,205 | 10,915 | 13,973 |
| Net income 1 | 11,389 | 10,670 | 9,562 | 7,592 | 8,135 | 8,507 | 10,025 | 11,541 |
| Net margin | 3.72% | 3.25% | 2.73% | 2.09% | 2.11% | 2.04% | 2.22% | 2.28% |
| EPS 2 | 7.930 | 7.420 | 6.650 | 5.260 | 5.650 | 5.890 | 6.799 | 8.289 |
| Free Cash Flow | 112,645 | - | - | - | - | - | - | - |
| FCF margin | 36.84% | - | - | - | - | - | - | - |
| FCF Conversion (EBITDA) | - | - | - | - | - | - | - | - |
| FCF Conversion (Net income) | 989.05% | - | - | - | - | - | - | - |
| Dividend per Share 2 | 3.150 | 0.8000 | 2.000 | 0.5500 | 0.6000 | 2.041 | 1.936 | 1.974 |
| Announcement Date | 4/24/19 | 4/25/20 | 4/19/21 | 4/16/22 | 4/20/23 | 4/23/24 | - | - |
1INR in Million2INR
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: March | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 S1 | 2024 Q3 | 2024 Q4 | 2025 Q1 | 2025 Q2 | 2025 Q3 | 2025 Q4 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales | 92,865 | - | 113,589 | 68,842 | 95,817 | - | 126,291 | - | - | - | - | - | - | - | - | - |
| EBITDA | - | - | - | 2,126 | 2,548 | - | - | - | - | - | - | - | - | - | - | - |
| EBIT 1 | 4,757 | 3,120 | 2,224 | 1,568 | 2,002 | 2,261 | 3,172 | 2,074 | 2,477 | - | 2,313 | 2,341 | - | - | - | - |
| Operating Margin | 5.12% | - | 1.96% | 2.28% | 2.09% | - | 2.51% | - | - | - | - | - | - | - | - | - |
| Earnings before Tax (EBT) | - | - | - | 1,568 | 2,002 | - | - | - | - | - | 2,313 | - | - | - | - | - |
| Net income 1 | 4,456 | 3,120 | 1,869 | 1,566 | 2,001 | 2,216 | 2,353 | 2,062 | 2,439 | 4,501 | 2,269 | 1,737 | - | - | - | - |
| Net margin | 4.8% | - | 1.65% | 2.27% | 2.09% | - | 1.86% | - | - | - | - | - | - | - | - | - |
| EPS 2 | 3.090 | 2.160 | 1.290 | - | 1.390 | 1.540 | 1.630 | 1.430 | 1.690 | - | 1.570 | 1.200 | - | - | - | - |
| Dividend per Share 2 | - | - | 0.5500 | - | - | - | 0.6000 | - | - | - | - | 0.6000 | - | - | - | 0.8000 |
| Announcement Date | 10/19/21 | 1/18/22 | 4/16/22 | 7/16/22 | 10/15/22 | 1/17/23 | 4/20/23 | 7/18/23 | 10/17/23 | 10/17/23 | 1/17/24 | 4/23/24 | - | - | - | - |
1INR in Million2INR
Estimates
Balance Sheet Analysis
| Fiscal Period: March | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | - | - | 6,417 | 5,291 | 4,248 | 5,286 | 8,502 | 5,905 |
| Net Cash position 1 | 6,610 | 8,119 | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | - | - | - | - | - | - | - | - |
| Free Cash Flow | 112,645 | - | - | - | - | - | - | - |
| ROE (net income / shareholders' equity) | 15% | 15% | 11.7% | 8.31% | 8.45% | 11.9% | 12.7% | 12.5% |
| ROA (Net income/ Total Assets) | 0.75% | 0.67% | 0.52% | 0.33% | 0.33% | 0.38% | 0.44% | 0.53% |
| Assets 1 | 1,524,468 | 1,595,580 | 1,831,023 | 2,308,300 | 2,501,507 | 2,515,565 | 2,282,200 | 2,198,321 |
| Book Value Per Share 2 | 49.00 | 50.20 | 63.40 | 63.70 | 70.10 | 75.60 | 82.40 | 88.90 |
| Cash Flow per Share | - | - | - | 12.70 | 0.6200 | - | - | - |
| Capex | - | - | - | - | - | - | - | - |
| Capex / Sales | - | - | - | - | - | - | - | - |
| Announcement Date | 4/24/19 | 4/25/20 | 4/19/21 | 4/16/22 | 4/20/23 | 4/23/24 | - | - |
1INR in Million2INR
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
B+
Sell
Buy
Mean consensus
OUTPERFORM
Number of Analysts
34
Last Close Price
591.8
INR
Average target price
637.7
INR
Spread / Average Target
+7.77%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| +10.64% | 10.21B | |
| +6.53% | 103B | |
| +14.23% | 102B | |
| -5.66% | 91.99B | |
| +9.42% | 68.97B | |
| +16.27% | 33.18B | |
| +10.80% | 28.79B | |
| +20.56% | 28.74B | |
| -0.05% | 17.17B | |
| -15.18% | 14.12B |
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- Financials ICICI Prudential Life Insurance Company Limited
