ICICI Bank Ltd
ICICI Bank is a large 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.[1]
- Market Cap ₹ 7,67,752 Cr.
- Current Price ₹ 1,093
- High / Low ₹ 1,114 / 855
- Stock P/E 18.1
- Book Value ₹ 307
- Dividend Yield 0.73 %
- ROCE 6.32 %
- ROE 17.2 %
- Face Value ₹ 2.00
Pros
- Company is expected to give good quarter
- Company has delivered good profit growth of 34.6% CAGR over last 5 years
Cons
- Stock is trading at 3.56 times its book value
- Company has low interest coverage ratio.
- Contingent liabilities of Rs.51,22,409 Cr.
- Company might be capitalizing the interest cost
- Earnings include an other income of Rs.72,528 Cr.
* 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
Sector: Banks Industry: Banks - Private Sector
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | 37,995 | 44,885 | 49,479 | 54,964 | 59,294 | 60,940 | 62,162 | 71,982 | 84,836 | 89,163 | 95,407 | 121,067 | 151,348 |
Interest | 25,013 | 28,285 | 29,711 | 32,318 | 33,996 | 34,836 | 34,262 | 39,178 | 44,666 | 42,659 | 41,167 | 50,543 | 68,164 |
30,293 | 31,684 | 32,852 | 38,766 | 52,252 | 63,841 | 72,806 | 83,775 | 85,361 | 91,309 | 80,798 | 87,864 | 96,850 | |
Financing Profit | -17,311 | -15,085 | -13,084 | -16,120 | -26,955 | -37,737 | -44,906 | -50,971 | -45,190 | -44,805 | -26,558 | -17,341 | -13,666 |
Financing Margin % | -46% | -34% | -26% | -29% | -45% | -62% | -72% | -71% | -53% | -50% | -28% | -14% | -9% |
28,663 | 29,320 | 30,085 | 35,252 | 42,102 | 52,458 | 56,807 | 59,325 | 64,950 | 72,030 | 62,129 | 65,112 | 72,528 | |
Depreciation | 671 | 625 | 719 | 798 | 843 | 912 | 922 | 946 | 1,171 | 1,340 | 1,330 | 1,515 | 0 |
Profit before tax | 10,680 | 13,610 | 16,282 | 18,334 | 14,304 | 13,809 | 10,978 | 7,408 | 18,589 | 25,884 | 34,241 | 46,256 | 58,862 |
Tax % | 26% | 26% | 28% | 29% | 24% | 18% | 17% | 23% | 40% | 22% | 25% | 26% | |
7,938 | 10,130 | 11,677 | 12,942 | 10,927 | 11,340 | 9,100 | 5,689 | 11,225 | 20,364 | 26,538 | 35,461 | 44,117 | |
EPS in Rs | 12.06 | 15.14 | 17.38 | 19.20 | 15.92 | 15.90 | 12.00 | 6.60 | 14.78 | 26.58 | 36.14 | 48.74 | 60.63 |
Dividend Payout % | 25% | 24% | 24% | 24% | 29% | 14% | 12% | 15% | 0% | 8% | 14% | 16% |
Compounded Sales Growth | |
---|---|
10 Years: | 10% |
5 Years: | 14% |
3 Years: | 13% |
TTM: | 36% |
Compounded Profit Growth | |
---|---|
10 Years: | 14% |
5 Years: | 35% |
3 Years: | 53% |
TTM: | 33% |
Stock Price CAGR | |
---|---|
10 Years: | 17% |
5 Years: | 22% |
3 Years: | 23% |
1 Year: | 28% |
Return on Equity | |
---|---|
10 Years: | 12% |
5 Years: | 12% |
3 Years: | 15% |
Last Year: | 17% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 1,153 | 1,154 | 1,155 | 1,160 | 1,163 | 1,165 | 1,286 | 1,289 | 1,295 | 1,383 | 1,390 | 1,397 |
Reserves | 60,124 | 67,609 | 75,275 | 83,545 | 92,948 | 103,467 | 109,344 | 112,964 | 121,665 | 156,204 | 180,663 | 213,101 |
443,247 | 487,659 | 543,055 | 597,207 | 671,455 | 700,874 | 815,198 | 891,641 | 1,014,636 | 1,103,840 | 1,252,968 | 1,399,894 | |
114,763 | 118,401 | 128,278 | 144,167 | 153,190 | 180,219 | 198,453 | 232,899 | 239,696 | 312,385 | 317,616 | 344,099 | |
Total Liabilities | 619,287 | 674,822 | 747,762 | 826,079 | 918,756 | 985,725 | 1,124,281 | 1,238,794 | 1,377,292 | 1,573,812 | 1,752,637 | 1,958,490 |
5,432 | 5,473 | 5,507 | 5,871 | 8,713 | 9,338 | 9,465 | 9,660 | 10,409 | 10,917 | 10,707 | 11,070 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments | 239,864 | 255,667 | 267,609 | 274,311 | 286,044 | 304,373 | 372,208 | 398,201 | 443,473 | 536,579 | 567,098 | 639,552 |
373,991 | 413,682 | 474,646 | 545,897 | 623,999 | 672,013 | 742,608 | 830,933 | 923,411 | 1,026,317 | 1,174,833 | 1,307,868 | |
Total Assets | 619,287 | 674,822 | 747,762 | 826,079 | 918,756 | 985,725 | 1,124,281 | 1,238,794 | 1,377,292 | 1,573,812 | 1,752,637 | 1,958,490 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-6,405 | 17,494 | 6,765 | -12,273 | 23,645 | 52,636 | 19,383 | 48,671 | 79,565 | 138,015 | 58,111 | -3,771 | |
-21,263 | -18,563 | -15,750 | -13,175 | -12,060 | -1,711 | -50,551 | -30,282 | -42,095 | -63,631 | -39,448 | -67,689 | |
29,439 | 9,283 | 7,872 | 24,827 | 5,814 | -35,470 | 39,676 | -19,997 | 2,992 | -54,667 | 17,451 | 24,791 | |
Net Cash Flow | 1,771 | 8,215 | -1,113 | -621 | 17,399 | 15,455 | 8,508 | -1,608 | 40,462 | 19,718 | 36,114 | -46,669 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
ROE % | 13% | 15% | 15% | 15% | 11% | 10% | 7% | 4% | 8% | 13% | 15% | 17% |
Documents
Announcements
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 1d
- Response To Clarification Sought By Stock Exchanges 1d
- Shareholder Meeting / Postal Ballot-Outcome of Court Convened Meeting 1d
- Shareholder Meeting / Postal Ballot-Scrutinizer"s Report 1d
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Clarification sought from ICICI Bank Ltd
1d - Retail shareholders of ICICI Securities Limited were being contacted by the employees of ICICI Bank in connection with the delisting of ICICI Securities. In order …
Annual reports
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
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Financial Year 2010
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Concalls
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Oct 2015TranscriptNotesPPT
Branch Network
Presently, the bank operates a network of 5,300 branches and 15,200 ATMs across India. 30% of its branches are located in metro cities.[1]