ICICI Prudential Life Insurance Company Ltd
ICICI Prudential Life Insurance Co. carries on business of providing life insurance, pensions and health insurance products to individuals and groups. Riders providing additional benefits are offered under some of these products. The business is conducted in participating, non-participating and unit linked lines of businesses. These products are distributed through individual agents, corporate agents, banks, brokers, the Companys proprietary sales force and the Company website.(Source : 202003 Annual Report Page No: 192)
- Market Cap ₹ 71,754 Cr.
- Current Price ₹ 500
- High / Low ₹ 538 / 222
- Stock P/E 67.1
- Book Value ₹ 57.2
- Dividend Yield 0.16 %
- ROCE 13.9 %
- ROE 12.2 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Company is expected to give good quarter
- Company has been maintaining a healthy dividend payout of 36.63%
Cons
- Stock is trading at 8.74 times its book value
- The company has delivered a poor growth of -9.37% over past five years.
- Tax rate seems low
- Earnings include an other income of Rs.1828.08 Cr.
Peer comparison
Sector: Insurance Industry: Finance & Investments
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Dec 2017 | Mar 2018 | Jun 2018 | Sep 2018 | Dec 2018 | Mar 2019 | Jun 2019 | Sep 2019 | Dec 2019 | Mar 2020 | Jun 2020 | Sep 2020 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
13,556 | 7,290 | 7,899 | 8,972 | 8,670 | 15,896 | 8,344 | 8,144 | 12,876 | -8,338 | 18,746 | 16,691 | |
13,069 | 6,980 | 7,698 | 8,640 | 8,461 | 15,981 | 8,260 | 8,083 | 12,811 | -7,749 | 18,853 | 16,641 | |
Operating Profit | 487 | 310 | 202 | 333 | 208 | -85 | 83 | 60 | 65 | -589 | -106 | 50 |
OPM % | 4% | 4% | 3% | 4% | 2% | -1% | 1% | 1% | 1% | -1% | 0% | |
Other Income | 18 | 99 | 113 | -2 | 118 | 388 | 233 | 272 | 257 | 817 | 439 | 314 |
Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Profit before tax | 504 | 409 | 314 | 331 | 326 | 303 | 316 | 332 | 322 | 228 | 333 | 364 |
Tax % | 10% | 17% | 10% | 9% | 9% | 14% | 10% | 9% | 6% | 22% | 14% | 17% |
Net Profit | 452 | 340 | 281 | 300 | 296 | 261 | 285 | 302 | 302 | 179 | 287 | 302 |
EPS in Rs | 3.15 | 2.37 | 1.96 | 2.09 | 2.06 | 1.82 | 1.98 | 2.10 | 2.10 | 1.24 | 2.00 | 2.11 |
Notes | Notes | Notes | Notes | Notes | Notes | Notes | Notes | Notes | Notes | Notes | Notes |
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 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|
14,021 | 20,025 | 21,888 | 34,453 | 20,849 | 37,816 | 38,832 | 41,463 | 21,061 | 39,975 | |
13,118 | 19,280 | 20,384 | 32,798 | 19,008 | 36,010 | 37,062 | 40,699 | 21,325 | 40,555 | |
Operating Profit | 904 | 745 | 1,504 | 1,655 | 1,842 | 1,806 | 1,771 | 763 | -264 | -580 |
OPM % | 6% | 4% | 7% | 5% | 9% | 5% | 5% | 2% | -1% | -1% |
Other Income | 627 | 900 | 129 | 43 | 0 | 130 | 132 | 591 | 1,542 | 1,828 |
Interest | 16 | 14 | 15 | 17 | 0 | 15 | 20 | 23 | 19 | 0 |
Depreciation | 56 | 41 | 47 | 40 | 0 | 58 | 44 | 57 | 61 | 0 |
Profit before tax | 1,459 | 1,591 | 1,572 | 1,642 | 1,842 | 1,863 | 1,839 | 1,274 | 1,198 | 1,248 |
Tax % | 5% | 5% | 1% | 0% | 10% | 10% | 12% | 11% | 11% | |
Net Profit | 1,386 | 1,515 | 1,561 | 1,640 | 1,650 | 1,682 | 1,619 | 1,139 | 1,067 | 1,070 |
EPS in Rs | 9.70 | 10.61 | 10.92 | 11.46 | 11.52 | 11.72 | 11.28 | 7.93 | 7.43 | 7.45 |
Dividend Payout % | 30% | 32% | 70% | 51% | 73% | 63% | 59% | 40% | 11% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | -9% |
3 Years: | -18% |
TTM: | -3% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | -12% |
3 Years: | -20% |
TTM: | -6% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 6% |
1 Year: | 4% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 22% |
3 Years: | 17% |
Last Year: | 12% |
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 | Sep 2020 | |
---|---|---|---|---|---|---|---|---|---|---|
1,429 | 1,429 | 1,429 | 1,432 | 1,432 | 1,435 | 1,436 | 1,436 | 1,436 | 1,436 | |
Reserves | 1,553 | 2,532 | 2,954 | 3,831 | 3,640 | 4,971 | 5,138 | 5,435 | 6,099 | 6,770 |
Borrowings | 0 | 0 | 0 | 0 | 1,029 | 0 | 0 | 0 | 0 | 0 |
68,642 | 71,260 | 77,090 | 95,952 | 98,664 | 118,335 | 135,245 | 156,215 | 148,496 | 176,200 | |
Total Liabilities | 71,623 | 75,220 | 81,474 | 101,215 | 104,765 | 124,741 | 141,819 | 163,086 | 156,031 | 184,406 |
176 | 165 | 197 | 209 | 212 | 207 | 404 | 463 | 457 | 459 | |
CWIP | 4 | 7 | 5 | 6 | 7 | 7 | 18 | 13 | 20 | 0 |
Investments | 70,398 | 73,716 | 80,101 | 99,491 | 103,024 | 121,581 | 138,537 | 159,003 | 151,251 | 179,761 |
1,045 | 1,332 | 1,171 | 1,509 | 1,522 | 2,946 | 2,859 | 3,607 | 4,303 | 4,186 | |
Total Assets | 71,623 | 75,220 | 81,474 | 101,215 | 104,765 | 124,741 | 141,819 | 163,086 | 156,031 | 184,406 |
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 | |
---|---|---|---|---|---|---|---|---|---|
2,829 | -2,641 | -2,382 | 523 | 3,634 | 4,130 | 5,690 | 11,377 | 8,596 | |
-813 | 1,564 | 6,012 | -1,822 | 27 | -696 | -5,389 | -7,559 | -10,797 | |
-362 | -514 | -1,091 | -966 | -1,442 | -994 | -1,188 | -843 | -405 | |
Net Cash Flow | 1,654 | -1,591 | 2,539 | -2,264 | 2,219 | 2,439 | -887 | 2,975 | -2,606 |
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 | |
---|---|---|---|---|---|---|---|---|---|
ROCE % | 46% | 38% | 34% | 32% | 30% | 29% | 16% | 14% | |
Debtor Days | 0 | 0 | 0 | 0 | 3 | 0 | 0 | 0 | 0 |
Inventory Turnover |
Documents
Add documentRecent announcements
- Appointment of Company Secretary and Compliance Officer 14h
- Announcement under Regulation 30 (LODR)-Resignation of Company Secretary / Compliance Officer 14h
- Statement Of Investor Complaints For The Quarter Ended December 2020 24h
- Announcement under Regulation 30 (LODR)-Newspaper Publication 1d
- Board Meeting Intimation for Considering Approval Of The Standalone And Consolidated Financial Statements And Financial Results Of The Company For The Quarter And Nine Months Period Ended December 31, 2020. 2d
View all