ICICI Prudential Asset Management Co Ltd
Incorporated in 1993, ICICI Prudential AMC is an Asset Management Company operating across mutual funds, PMS, AIFs, and offshore advisory services.[1]
- Market Cap ₹ 1,58,143 Cr.
- Current Price ₹ 3,200
- High / Low ₹ 3,603 / 2,529
- Stock P/E 48.0
- Book Value ₹ 84.4
- Dividend Yield 0.46 %
- ROCE 115 %
- ROE 85.8 %
- Face Value ₹ 1.00
Pros
- Company is almost debt free.
- Company has delivered good profit growth of 21.5% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 83.0%
- Company has been maintaining a healthy dividend payout of 58.6%
Cons
- Stock is trading at 37.9 times its book value
- Working capital days have increased from 57.0 days to 220 days
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Financial Services Financial Services Capital Markets Asset Management Company
Part of BSE 500 Nifty 500 Nifty Midcap 100 BSE IPO Nifty 200
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| 2,230 | 2,634 | 2,837 | 3,758 | 4,977 | 5,765 | |
| 513 | 641 | 766 | 981 | 1,343 | 1,471 | |
| Operating Profit | 1,717 | 1,993 | 2,072 | 2,777 | 3,635 | 4,294 |
| OPM % | 77% | 76% | 73% | 74% | 73% | 74% |
| 4 | 1 | 1 | 3 | 2 | 236 | |
| Interest | 16 | 14 | 15 | 16 | 19 | 18 |
| Depreciation | 47 | 51 | 50 | 66 | 85 | 106 |
| Profit before tax | 1,658 | 1,929 | 2,007 | 2,698 | 3,533 | 4,407 |
| Tax % | 25% | 25% | 24% | 24% | 25% | 25% |
| 1,245 | 1,454 | 1,516 | 2,050 | 2,651 | 3,298 | |
| EPS in Rs | 705.51 | 823.75 | 858.70 | 1,161.18 | 1,501.61 | 66.73 |
| Dividend Payout % | 75% | 84% | 84% | 76% | 81% | 19% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 21% |
| 3 Years: | 27% |
| TTM: | 16% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 22% |
| 3 Years: | 30% |
| TTM: | 24% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 80% |
| 3 Years: | 83% |
| Last Year: | 86% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Equity Capital | 18 | 18 | 18 | 18 | 18 | 49 |
| Reserves | 1,745 | 2,000 | 2,295 | 2,865 | 3,499 | 4,122 |
| 112 | 118 | 116 | 0 | 0 | 0 | |
| 240 | 310 | 356 | 630 | 810 | 879 | |
| Total Liabilities | 2,115 | 2,445 | 2,784 | 3,513 | 4,327 | 5,050 |
| 134 | 137 | 150 | 199 | 309 | 635 | |
| CWIP | 3 | 4 | 7 | 6 | 289 | 6 |
| Investments | 1,772 | 2,041 | 2,287 | 2,883 | 3,285 | 3,857 |
| 207 | 262 | 340 | 424 | 444 | 553 | |
| Total Assets | 2,115 | 2,445 | 2,784 | 3,513 | 4,327 | 5,050 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| 1,195 | 1,333 | 1,400 | 1,765 | 2,574 | 3,282 | |
| -329 | -79 | -129 | -246 | -513 | -469 | |
| -869 | -1,244 | -1,264 | -1,527 | -2,068 | -2,694 | |
| Net Cash Flow | -3 | 10 | 6 | -8 | -8 | 119 |
| Free Cash Flow | 1,171 | 1,310 | 1,359 | 1,710 | 2,162 | 3,167 |
| CFO/OP | 90% | 91% | 92% | 85% | 95% | 102% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Debtor Days | 11 | 14 | 14 | 19 | 17 | 12 |
| Inventory Days | ||||||
| Days Payable | ||||||
| Cash Conversion Cycle | 11 | 14 | 14 | 19 | 17 | 12 |
| Working Capital Days | -8 | -10 | -9 | -22 | -27 | 220 |
| ROCE % | 97% | 89% | 102% | 111% | 115% |
Insights
In beta| Mar 2018 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Dec 2025 | |
|---|---|---|---|---|---|---|---|
| Total Mutual Fund Quarterly Average Assets Under Management (QAAUM) INR billion |
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| Employee Count count |
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| Number of Distributors count |
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| Total Mutual Fund Market Share % |
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| Unique Customer Count million |
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Extracted by Screener AI
Documents
Announcements
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Declaration Of Unmodified Opinion
5 May - Auditor issued unmodified opinion on FY2026 financial results.
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Announcement under Regulation 30 (LODR)-Change in Directorate
27 Apr - Board appoints Prashant Kumar as independent director from May 1, 2026 for five years, subject to shareholder approval.
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Board Meeting Outcome for Outcome Of The Board Meeting Held On April 27 2026
27 Apr - Board appointed Prashant Kumar as additional independent director for five years from May 1, 2026.
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Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order
20 Apr - SEBI issued settlement order on April 16, 2026; ₹14.36 lakh paid for venture fund tenure extension matter.
- Announcement under Regulation 30 (LODR)-Earnings Call Transcript 17 Apr
Annual reports
No data available.
Concalls
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Apr 2026Transcript PPT
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Apr 2026TranscriptPPT REC
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Jan 2026Transcript PPT REC
Business Profile[1]
ICICI Prudential AMC is India’s largest active mutual fund asset manager by QAAUM. It is a JV between ICICI Bank Ltd and Prudential Corporation Holdings. The company benefits from strong brand recall, scale-driven profitability, and a high equity-oriented AUM mix.