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]
It is promoted by ICICI Bank and Prudential Corporation :-
ICICI Bank (51% stake)[2] - The company is a part of ICICI Bank Ltd which is the 2nd largest private bank in India. It offers a diversified range of products and services to retail, SME and corporate customers.[3]
Prudential Plc (22% stake) - It is a British multinational insurance company based in London, England. It is the largest UK life insurer in Asia with presence in India, China, Cambodia, Indonesia, Laos, Malaysia, Myanmar, Philippines and other Asian countries. It is also present in African subcontinent in Nigeria, Ghana, Togo and other countries.[4]
- Market Cap ₹ 93,979 Cr.
- Current Price ₹ 648
- High / Low ₹ 694 / 517
- Stock P/E 71.6
- Book Value ₹ 88.0
- Dividend Yield 0.13 %
- ROCE 8.86 %
- ROE 7.42 %
- Face Value ₹ 10.0
Pros
Cons
- Stock is trading at 7.37 times its book value
- Company has a low return on equity of 5.83% over last 3 years.
- Earnings include an other income of Rs.904 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
Financial Services Financial Services Insurance Life Insurance
Part of BSE 500 BSE 200 BSE Dollex 200 Nifty 500 Nifty Financial Services
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 21,886 | 34,451 | 20,847 | 37,814 | 38,830 | 41,460 | 21,022 | 83,180 | 63,564 | 49,400 | 89,679 | 70,775 | 57,557 | |
| 20,380 | 32,795 | 19,005 | 36,007 | 37,058 | 40,695 | 21,339 | 83,565 | 65,720 | 50,191 | 90,556 | 69,585 | 56,666 | |
| Operating Profit | 1,505 | 1,656 | 1,842 | 1,807 | 1,772 | 765 | -317 | -385 | -2,155 | -791 | -877 | 1,190 | 892 |
| OPM % | 7% | 5% | 9% | 5% | 5% | 2% | -2% | -0% | -3% | -2% | -1% | 2% | 2% |
| 129 | 43 | 0 | 130 | 132 | 591 | 1,578 | 1,668 | 3,179 | 1,955 | 2,021 | 530 | 904 | |
| Interest | 15 | 17 | 0 | 15 | 20 | 23 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 47 | 40 | 0 | 58 | 44 | 57 | 61 | 60 | 67 | 84 | 113 | 133 | 0 |
| Profit before tax | 1,573 | 1,642 | 1,842 | 1,864 | 1,840 | 1,276 | 1,200 | 1,223 | 957 | 1,081 | 1,031 | 1,587 | 1,796 |
| Tax % | 1% | 0% | 10% | 10% | 12% | 11% | 11% | 22% | 21% | 25% | 17% | 25% | |
| 1,562 | 1,640 | 1,650 | 1,682 | 1,620 | 1,141 | 1,069 | 960 | 754 | 811 | 852 | 1,189 | 1,313 | |
| EPS in Rs | 10.93 | 11.46 | 11.52 | 11.72 | 11.28 | 7.94 | 7.44 | 6.69 | 5.25 | 5.64 | 5.92 | 8.23 | 9.08 |
| Dividend Payout % | 70% | 51% | 73% | 63% | 59% | 40% | 11% | 30% | 10% | 11% | 10% | 10% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 7% |
| 5 Years: | 27% |
| 3 Years: | 4% |
| TTM: | -42% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | -3% |
| 5 Years: | 2% |
| 3 Years: | 17% |
| TTM: | 50% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 6% |
| 3 Years: | 13% |
| 1 Year: | -5% |
| Return on Equity | |
|---|---|
| 10 Years: | 13% |
| 5 Years: | 7% |
| 3 Years: | 6% |
| Last Year: | 7% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 1,429 | 1,432 | 1,432 | 1,435 | 1,436 | 1,436 | 1,436 | 1,436 | 1,437 | 1,439 | 1,441 | 1,445 | 1,447 |
| Reserves | 2,955 | 3,834 | 3,892 | 4,973 | 5,141 | 5,440 | 5,783 | 7,683 | 7,726 | 8,653 | 14,555 | 14,898 | 11,280 |
| 0 | 0 | 1,029 | 0 | 0 | 0 | 0 | 1,200 | 1,200 | 1,200 | 1,200 | 2,600 | 2,600 | |
| 77,090 | 95,950 | 98,413 | 118,334 | 135,245 | 156,215 | 148,817 | 206,909 | 234,077 | 244,555 | 281,805 | 295,297 | 309,189 | |
| Total Liabilities | 81,474 | 101,216 | 104,766 | 124,743 | 141,821 | 163,090 | 156,035 | 217,228 | 244,440 | 255,847 | 299,000 | 314,240 | 324,516 |
| 197 | 209 | 212 | 207 | 404 | 463 | 932 | 911 | 916 | 968 | 1,167 | 1,314 | 831 | |
| CWIP | 5 | 6 | 7 | 7 | 18 | 13 | 20 | 22 | 54 | 117 | 49 | 35 | 0 |
| Investments | 80,102 | 99,492 | 103,027 | 121,586 | 138,540 | 159,009 | 150,781 | 211,736 | 237,625 | 247,731 | 289,238 | 303,490 | 315,813 |
| 1,171 | 1,509 | 1,520 | 2,943 | 2,859 | 3,606 | 4,301 | 4,559 | 5,845 | 7,031 | 8,546 | 9,402 | 7,872 | |
| Total Assets | 81,474 | 101,216 | 104,766 | 124,743 | 141,821 | 163,090 | 156,035 | 217,228 | 244,440 | 255,847 | 299,000 | 314,240 | 324,516 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -2,381 | 528 | 3,636 | 4,132 | 5,693 | 11,381 | 8,600 | 7,320 | 1,831 | 88 | -7,305 | -9,405 | |
| 6,004 | -1,820 | 25 | -699 | -5,392 | -7,563 | -10,802 | -5,090 | -815 | -1,147 | 7,414 | 6,866 | |
| -1,091 | -966 | -1,442 | -994 | -1,188 | -843 | -405 | 1,205 | -319 | -112 | -88 | 1,423 | |
| Net Cash Flow | 2,532 | -2,257 | 2,219 | 2,439 | -887 | 2,975 | -2,608 | 3,434 | 696 | -1,172 | 21 | -1,116 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 0 | 0 | 3 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Inventory Days | ||||||||||||
| Days Payable | ||||||||||||
| Cash Conversion Cycle | 0 | 0 | 3 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Working Capital Days | -17 | -10 | -16 | -2 | -9 | -9 | -5 | -2 | -6 | -5 | 2 | 3 |
| ROCE % | 38% | 34% | 32% | 29% | 29% | 19% | 17% | 14% | 9% | 10% | 2% | 9% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS
9 Dec - Allotment of shares under employee stock option scheme and employee stock unit scheme.
-
Announcement under Regulation 30 (LODR)-Investor Presentation
8 Dec - Performance update for the month of November 2025.
-
Announcement under Regulation 30 (LODR)-Change in Management
5 Dec - Kinger resigns Dec 7; Desai redesignated Chief Risk Officer; Bhandari Chief Compliance Officer from Dec 8, 2025.
-
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
3 Dec - Schedule of analyst/investor meet to be held on December 15, 2025.
-
Update On Disclosure Under Regulation 30 And Regulation 51 Read With Schedule III Of SEBI (LODR) Regulations, 2015 (Listing Regulations)''.
3 Dec - AP GST appeal (FY2019) order dated Dec 2, 2025; entire demand set aside; nil liability.
Annual reports
-
Financial Year 2025
from bse
-
Financial Year 2024
from bse
-
Financial Year 2023
from bse
-
Financial Year 2022
from bse
-
Financial Year 2021
from bse
-
Financial Year 2020
from bse
-
Financial Year 2019
from bse
-
Financial Year 2018
from bse
-
Financial Year 2017
from bse
-
Financial Year 2016
from bse
-
Financial Year 2015
from bse
-
Financial Year 2014
from bse
-
Financial Year 2013
from bse
-
Financial Year 2012
from bse
Concalls
-
Oct 2025Transcript PPT
-
Aug 2025Transcript PPT
-
Jul 2025TranscriptAI SummaryPPT REC
-
Jul 2025TranscriptAI SummaryPPT
-
Jun 2025TranscriptAI SummaryPPT
-
May 2025Transcript PPT
-
Apr 2025TranscriptAI SummaryPPT REC
-
Mar 2025TranscriptAI SummaryPPT
-
Feb 2025Transcript PPT
-
Jan 2025TranscriptAI SummaryPPT
-
Jan 2025TranscriptAI SummaryPPT
-
Dec 2024TranscriptAI SummaryPPT
-
Nov 2024Transcript PPT
-
Oct 2024TranscriptAI SummaryPPT
-
Oct 2024TranscriptAI SummaryPPT
-
Sep 2024TranscriptAI SummaryPPT
-
Sep 2024TranscriptAI SummaryPPT
-
Aug 2024Transcript PPT
-
Jul 2024TranscriptAI SummaryPPT
-
Jul 2024TranscriptAI SummaryPPT
-
Jun 2024TranscriptAI SummaryPPT
-
May 2024Transcript PPT
-
Apr 2024TranscriptAI SummaryPPT
-
Apr 2024TranscriptAI SummaryPPT
-
Mar 2024TranscriptAI SummaryPPT
-
Feb 2024Transcript PPT
-
Jan 2024TranscriptAI SummaryPPT
-
Jan 2024TranscriptAI SummaryPPT
-
Dec 2023TranscriptAI SummaryPPT
-
Nov 2023Transcript PPT
-
Oct 2023TranscriptAI SummaryPPT
-
Oct 2023TranscriptAI SummaryPPT
-
Sep 2023TranscriptAI SummaryPPT
-
Aug 2023Transcript PPT
-
Jul 2023TranscriptAI SummaryPPT
-
Jun 2023TranscriptAI SummaryPPT
-
May 2023Transcript PPT
-
Apr 2023TranscriptAI SummaryPPT
-
Mar 2023TranscriptAI SummaryPPT
-
Feb 2023Transcript PPT
-
Jan 2023Transcript PPT
-
Dec 2022TranscriptAI SummaryPPT
-
Nov 2022Transcript PPT
-
Oct 2022TranscriptAI SummaryPPT
-
Oct 2022TranscriptAI SummaryPPT
-
Sep 2022TranscriptAI SummaryPPT
-
Aug 2022Transcript PPT
-
Jul 2022TranscriptAI SummaryPPT
-
Jul 2022TranscriptAI SummaryPPT
-
Jun 2022TranscriptAI SummaryPPT
-
May 2022Transcript PPT
-
Apr 2022TranscriptAI SummaryPPT
-
Mar 2022Transcript PPT
-
Feb 2022Transcript PPT
-
Jan 2022TranscriptAI SummaryPPT
-
Jan 2022TranscriptAI SummaryPPT
-
Dec 2021TranscriptAI SummaryPPT
-
Nov 2021Transcript PPT
-
Oct 2021TranscriptAI SummaryPPT
-
Oct 2021TranscriptAI SummaryPPT
-
Sep 2021TranscriptAI SummaryPPT
-
Aug 2021Transcript PPT
-
Jul 2021TranscriptAI SummaryPPT
-
Jul 2021TranscriptAI SummaryPPT
-
Jun 2021TranscriptAI SummaryPPT
-
May 2021Transcript PPT
-
Apr 2021TranscriptAI SummaryPPT
-
Mar 2021TranscriptAI SummaryPPT
-
Feb 2021TranscriptAI SummaryPPT
-
Jan 2021Transcript PPT
-
Jan 2021TranscriptAI SummaryPPT
-
Dec 2020TranscriptAI SummaryPPT
-
Nov 2020Transcript PPT
-
Oct 2020TranscriptAI SummaryPPT
-
Oct 2020TranscriptAI SummaryPPT
-
Sep 2020TranscriptAI SummaryPPT
-
Aug 2020Transcript PPT
-
Jul 2020TranscriptAI SummaryPPT
-
Jul 2020TranscriptAI SummaryPPT
-
Jun 2020TranscriptAI SummaryPPT
-
May 2020Transcript PPT
-
Apr 2020TranscriptAI SummaryPPT
-
Mar 2020TranscriptAI SummaryPPT
-
Feb 2020TranscriptAI SummaryPPT
-
Feb 2020Transcript PPT
-
Jan 2020TranscriptAI SummaryPPT
-
Jan 2020TranscriptAI SummaryPPT
-
Dec 2019TranscriptAI SummaryPPT
-
Nov 2019TranscriptAI SummaryPPT
-
Oct 2019TranscriptAI SummaryPPT
-
Oct 2019TranscriptAI SummaryPPT
-
Sep 2019TranscriptAI SummaryPPT
-
Aug 2019Transcript PPT
-
Jul 2019TranscriptAI SummaryPPT
-
Jun 2019TranscriptAI SummaryPPT
-
Jun 2019TranscriptAI SummaryPPT
-
May 2019Transcript PPT
-
Apr 2019Transcript PPT
-
Mar 2019TranscriptAI SummaryPPT
-
Feb 2019Transcript PPT
-
Jan 2019TranscriptAI SummaryPPT
-
Dec 2018Transcript PPT
-
Oct 2018TranscriptPPT
-
Aug 2018TranscriptPPT
-
Jul 2018TranscriptPPT
-
May 2018TranscriptPPT
-
Apr 2018TranscriptPPT
-
Feb 2018TranscriptPPT
-
Jan 2018TranscriptPPT
-
Nov 2017TranscriptPPT
-
Oct 2017TranscriptPPT
-
Jul 2017Transcript PPT
-
Apr 2017Transcript PPT
-
Jan 2017Transcript PPT
-
Oct 2016Transcript PPT
Promoter
As of Dec 2024, ICICI Bank holds 51.1% and Prudential Corporation holds a 22% stake in the company. The company is a critical entity for ICICI Bank, receiving financial support and board oversight from the bank. The parent company serves as a corporate agent for ICICI Pru Life, providing access to the bank's branch network and customer base for selling insurance products. [1] [2]