ICICI Bank Ltd
ICICIBANKICICI Bank Ltd
ICICIBANKPrice Chart
Scorecard
Performance
LowHasn't fared well - amongst the low performers
Valuation
HighSeems to be overvalued vs the market average
Growth
LowLagging behind the market in financials growth
Profitability
HighShowing good signs of profitability & efficiency
Entry point
AvgThe stock is overpriced but is not in the overbought zone
Red flags
LowNo red flag found
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Key Metrics
No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
---|---|---|
18.63 | 3.27 | 0.80% |
Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
---|---|---|
17.14 | 2.38 | 1.01% |
Forecast & Ratings
Detailed Forecast from 40 analysts
Price
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
Company Profile
ICICI Bank Limited is engaged in providing a range of banking and financial services including commercial & retail banking, project & corporate finance, insurance, venture capital and private equity, investment banking and broking.
Investor Presentation
View olderPeers
Compare with peersHDFC Bank Ltd
Axis Bank Ltd
Kotak Mahindra Bank Ltd
Indusind Bank Ltd
Yes Bank Ltd
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Forecasts
Price
Revenue
Earnings
Price Forecast
All values in ₹
All values in ₹
Revenue Forecast
All values in ₹ Lakh cr.
All values in ₹ Lakh cr.
Earnings Per Share Forecast
All values in ₹
All values in ₹
Income
Balance Sheet
Cash Flow
Income Statement
Financial Year | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | TTM | ||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Total Revenue | 1,01,395.85 | 1,13,397.63 | 1,18,969.10 | 1,31,306.50 | 1,49,786.10 | 1,61,192.19 | 1,57,536.32 | 1,86,178.80 | 2,36,037.73 | 2,67,463.41 | ||||||||||
Raw Materials | — | — | — | — | — | — | — | — | — | 2,00,320.72 | ||||||||||
Power & Fuel Cost | — | — | — | — | — | — | — | — | — | |||||||||||
Employee Cost | 6,912.29 | 7,893.26 | 8,333.53 | 9,425.26 | 11,156.75 | 11,050.91 | 12,341.60 | 15,234.17 | 19,171.98 | |||||||||||
Selling & Administrative Expenses | 4,168.82 | 4,896.26 | 5,704.35 | 7,210.07 | 8,164.61 | 8,593.95 | 8,879.54 | 11,043.36 | 11,275.46 | |||||||||||
Operating & Other expenses | 75,167.22 | 85,887.12 | 93,030.62 | 1,06,317.07 | 1,10,704.92 | 1,14,323.21 | 1,00,743.89 | 1,12,130.25 | 1,43,220.71 | |||||||||||
EBITDA | 15,147.52 | 14,720.99 | 11,900.60 | 8,354.10 | 19,759.82 | 27,224.12 | 35,571.29 | 47,771.02 | 62,369.58 | 67,142.69 | ||||||||||
Depreciation/Amortization | 843.11 | 911.64 | 922.14 | 945.84 | 1,171.22 | 1,340.07 | 1,330.01 | 1,514.56 | 1,935.21 | — | ||||||||||
PBIT | 14,304.41 | 13,809.35 | 10,978.46 | 7,408.26 | 18,588.60 | 25,884.05 | 34,241.28 | 46,256.46 | 60,434.37 | 67,142.69 | ||||||||||
Interest & Other Items | — | — | — | — | — | — | — | — | — | — | ||||||||||
PBT | 14,304.41 | 13,809.35 | 10,978.46 | 7,408.26 | 18,588.60 | 25,884.05 | 34,241.28 | 46,256.46 | 60,434.37 | 67,142.69 | ||||||||||
Taxes & Other Items | 4,124.43 | 3,620.97 | 3,266.28 | 3,154.02 | 9,022.30 | 7,499.73 | 9,131.17 | 12,219.82 | 16,177.99 | 19,774.96 | ||||||||||
Net Income | 10,179.98 | 10,188.38 | 7,712.18 | 4,254.24 | 9,566.30 | 18,384.32 | 25,110.11 | 34,036.64 | 44,256.38 | 47,367.73 | ||||||||||
EPS | 15.94 | 15.91 | 12.02 | 6.61 | 14.81 | 27.46 | 36.22 | 48.86 | 63.20 | 67.45 | ||||||||||
DPS | 4.55 | 2.27 | 1.50 | 1.00 | 0.00 | 2.00 | 5.00 | 8.00 | 10.00 | 10.00 | ||||||||||
Payout ratio | 0.29 | 0.14 | 0.12 | 0.15 | 0.00 | 0.07 | 0.14 | 0.16 | 0.16 | 0.15 |
Company Updates
Peers & Comparison
FinancialsPrivate Banks
Valuation
Technical
Forecast
Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
---|---|---|---|
ICICI Bank Ltd | 19.94 | 3.27 | 0.80% |
HDFC Bank Ltd | 20.77 | 2.83 | 1.11% |
Axis Bank Ltd | 13.36 | 2.24 | 0.09% |
Kotak Mahindra Bank Ltd | 18.96 | 2.66 | 0.12% |
Price Comparison
Compare ICICIBANK with any stock or ETFShareholdings
Promoter Holdings Trend
Total Promoter Holding
In last 6 months, promoter holding in the company has almost stayed constant
Low Pledged Promoter Holding
Pledged promoter holdings is insignificant
Institutional Holdings Trend
Decreased Total Retail Holding
In last 3 months, retail holding in the company has decreased by 1.30%
Decreased Foreign Institutional Holding
In last 3 months, foreign institutional holding of the company has decreased by 8.18%
Shareholding Pattern
Dec 2023
Mar 2024
Jun 2024
Sep 2024
Shareholding History
Mutual Funds Holding Trend
Decreased Mutual Fund Holding
In last 3 months, mutual fund holding of the company has decreased by 6.08%
Top 5 Mutual Funds holding ICICI Bank Ltd
Funds (Top 5) | The rupee value of the stock held by the fund divided by the stock’s market cap Market-cap held | Percentage of the fund’s portfolio invested in the stock Weight | Change in the portfolio weight of the stock over the last 3 months 3M holding change | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months Portfolio rank(3M change) |
---|---|---|---|---|
HDFC Flexi Cap Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.7259% | Percentage of the fund’s portfolio invested in the stock 9.85% | Change in the portfolio weight of the stock over the last 3 months 0.38% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 1/60 (0) |
ICICI Prudential Bluechip Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.5942% | Percentage of the fund’s portfolio invested in the stock 8.22% | Change in the portfolio weight of the stock over the last 3 months 0.37% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 3/90 (-1) |
Parag Parikh Flexi Cap Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.4941% | Percentage of the fund’s portfolio invested in the stock 5.32% | Change in the portfolio weight of the stock over the last 3 months 0.25% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 7/91 (+1) |
Compare 3-month MF holding change on Screener
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Events
Dividend Trend
No dividend trend available
Dividends
Corp. Actions
Announcements
Legal Orders
Upcoming Dividends
No upcoming dividends are available
Past Dividends
Cash Dividend
Ex DateEx DateAug 12, 2024
Dividend/Share
₹10.00
Ex DateEx Date
Aug 12, 2024
Cash Dividend
Ex DateEx DateAug 9, 2023
Dividend/Share
₹8.00
Ex DateEx Date
Aug 9, 2023
Cash Dividend
Ex DateEx DateAug 8, 2022
Dividend/Share
₹5.00
Ex DateEx Date
Aug 8, 2022
Cash Dividend
Ex DateEx DateJul 29, 2021
Dividend/Share
₹2.00
Ex DateEx Date
Jul 29, 2021
Cash Dividend
Ex DateEx DateJul 22, 2019
Dividend/Share
₹1.00
Ex DateEx Date
Jul 22, 2019
ICICI Bank has allotted 586,248 equity shares of face value of Rs.2 each on 18 November 2024 under the ICICI Bank Employees Stock Option Scheme-2000. Powered by Capital Market - Live
ICICI Bank has allotted 9,028 equity shares of face value of Rs 2 each on 12 November 2024, under the ICICI Bank Employees Stock Unit Scheme 2022.Powered by Capital Market - Live
ICICI Bank has allotted 469,311 equity shares of face value of Rs.2 each on 08 November 2024 under the ICICI Bank Employees Stock Option Scheme-2000. Powered by Capital Market - Live
ICICI Bank Ltd dropped for a fifth straight session today. The stock is quoting at Rs 1269.7, down 0.59% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 0.37% on the day, quoting at 23906.15. The Sensex is at 78483.58, down 0.38%.ICICI Bank Ltd has gained around 2.9% in last one month.Meanwhile, Nifty Bank index of which ICICI Bank Ltd is a constituent, has increased around 1.28% in last one month and is currently quoting at 51215.25, down 0.17% on the day. The volume in the stock stood at 53.07 lakh shares today, compared to the daily average of 134.46 lakh shares in last one month. The benchmark November futures contract for the stock is quoting at Rs 1290.1, up 0.68% on the day. ICICI Bank Ltd jumped 34.3% in last one year as compared to a 23.15% rally in NIFTY and a 17.21% spurt in the Nifty Bank index.The PE of the stock is 20.55 based on TTM earnings ending September 24.Powered by Capital Market - Live
ICICI Bank has allotted 182,853 equity shares of face value of Rs.2 each on 05 November 2024 under the ICICI Bank Employees Stock Option Scheme-2000. Powered by Capital Market - Live
ICICI Bank has approved the allotment of 5,844,670 equity shares of face value of Rs.2 each on 31 October 2024 under the ICICI Bank Employees Stock Option Scheme-2000.Powered by Capital Market - Live
ICICI Bank has allotted 6,754 equity shares of face value of 2 each on October 29, 2024 under the ICICI Bank Employees Stock Unit Scheme-2022.Powered by Capital Market - Live
ICICI Bank Ltd rose for a third straight session today. The stock is quoting at Rs 1303.85, up 3.86% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 1.01% on the day, quoting at 24425.65. The Sensex is at 80274.05, up 1.1%. ICICI Bank Ltd has added around 2.42% in last one month. Meanwhile, Nifty Bank index of which ICICI Bank Ltd is a constituent, has added around 3% in last one month and is currently quoting at 50787.45, up 1.19% on the day. The volume in the stock stood at 162.1 lakh shares today, compared to the daily average of 125.51 lakh shares in last one month. The benchmark October futures contract for the stock is quoting at Rs 1304.35, up 3.62% on the day. ICICI Bank Ltd is up 40.97% in last one year as compared to a 27.61% gain in NIFTY and a 19.4% gain in the Nifty Bank index.The PE of the stock is 20.92 based on TTM earnings ending June 24.Powered by Capital Market - Live
The bank's profit before tax (PBT) stood at Rs 15,490.09 crore in second quarter of FY25, registering a growth of 13.51% YoY. Net interest income (NII) increased by 9.5% YoY to Rs 20,048 crore in during the quarter. Net interest margin (NIM) was 4.27% in Q2 FY25 as compared to 4.53% in Q2 FY24. The bank's provisions (excluding provision for tax) zoomed to Rs 1,233 crore in September 2024 quarter as against Rs 583 crore registered in same period a year ago. Total period-end deposits increased by 15.7% YoY to Rs 14,97,761 crore and period-end term deposits jumped 15.9% YoY to Rs 8,89,038 crore at 30 September 2024. The net domestic advances grew by 15.7% YoY and total advances increased by 15% YoY to Rs 12,77,240 crore as at 30 September 2024. The retail loan portfolio grew by 14.2% YoY, and comprised 53% of the total loan portfolio at 30 September 2024. Including non-fund outstanding, the retail portfolio was 44.9% of the total portfolio at 30 September 2024. On asset quality front, the bank's gross non-performing assets (NPAs) stood at Rs 27,121.15 crore as on 30 September 2024 as against Rs 29,836.94 crore as on 30 September 2023. The gross NPA ratio reduced to 1.97% as on 30 September 2024 as compared to 2.48% as on 30 September 2023. The net NPA ratio declined to 0.42% as on 30 September 2024 as against 0.43% as on 30 September 2023. The provisioning coverage ratio (PCR) on non-performing assets was 79.7% at 30 June 2024. The bank's total capital adequacy ratio at 30 September 2024 was 16.66% and CET-1 ratio was 15.96% compared to the minimum regulatory requirements of 11.70% and 8.20%, respectively. The bank's fee income grew by 13.3% YoY to Rs 5,894 crore in Q2 of FY25 from Rs 5,204 crore in Q2 of FY24. Fees from retail, rural, business banking and SME customers constituted about 78% of total fees in Q2 FY25. On consolidated basis, the bank's net profit grew 18.83% to Rs 12,947.77 crore on 27.32% rise in total income to Rs 72,942.55 crore in Q2 FY25 over Q2 FY24. ICICI Bank is a leading private sector bank in India. The bank has a network of 6,613 branches, 16,120 ATMs and cash recycling machines as at 30 September 2024. Powered by Capital Market - Live
Net profit of ICICI Bank rose 18.83% to Rs 12947.77 crore in the quarter ended September 2024 as against Rs 10896.13 crore during the previous quarter ended September 2023. Total Operating Income rose 18.97% to Rs 46325.78 crore in the quarter ended September 2024 as against Rs 38938.08 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Total Operating Income46325.7838938.08 19 OPM %30.4536.93 - PBDT18541.6515159.68 22 PBT18541.6515159.68 22 NP12947.7710896.13 19 Powered by Capital Market - Live
Lower than Industry Revenue Growth
Over the last 5 years, revenue has grown at a yearly rate of 12.44%, vs industry avg of 17.21%
Decreasing Market Share
Over the last 5 years, market share decreased from 25.46% to 20.46%
Higher than Industry Net Income
Over the last 5 years, net income has grown at a yearly rate of 59.75%, vs industry avg of 31.67%