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 ₹ 1,36,467 Cr.
- Current Price ₹ 2,761
- High / Low ₹ 3,193 / 2,529
- Stock P/E 46.5
- Book Value ₹ 79.3
- Dividend Yield 0.53 %
- ROCE 111 %
- ROE 82.8 %
- Face Value ₹ 1.00
Pros
- Company is almost debt free.
- Company has a good return on equity (ROE) track record: 3 Years ROE 78.1%
- Company has been maintaining a healthy dividend payout of 80.5%
Cons
- Stock is trading at 36.0 times its book value
* 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 Nifty 500 Nifty Midcap 100 BSE IPO Nifty 200 BSE Allcap
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 | |
|---|---|---|---|---|---|
| 2,230 | 2,634 | 2,837 | 3,758 | 4,977 | |
| 513 | 641 | 766 | 981 | 1,343 | |
| Operating Profit | 1,717 | 1,993 | 2,072 | 2,777 | 3,635 |
| OPM % | 77% | 76% | 73% | 74% | 73% |
| 4 | 1 | 1 | 3 | 2 | |
| Interest | 16 | 14 | 15 | 16 | 19 |
| Depreciation | 47 | 51 | 50 | 66 | 85 |
| Profit before tax | 1,658 | 1,929 | 2,007 | 2,698 | 3,533 |
| Tax % | 25% | 25% | 24% | 24% | 25% |
| 1,245 | 1,454 | 1,516 | 2,050 | 2,651 | |
| EPS in Rs | 705.51 | 823.75 | 858.70 | 1,161.18 | 1,501.61 |
| Dividend Payout % | 75% | 84% | 84% | 76% | 81% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 24% |
| TTM: | 32% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 22% |
| TTM: | 29% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 77% |
| 3 Years: | 78% |
| Last Year: | 83% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|
| Equity Capital | 18 | 18 | 18 | 18 | 18 | 18 |
| Reserves | 1,745 | 2,000 | 2,295 | 2,865 | 3,499 | 3,904 |
| 112 | 118 | 116 | 0 | 0 | 0 | |
| 240 | 310 | 356 | 630 | 810 | 906 | |
| Total Liabilities | 2,115 | 2,445 | 2,784 | 3,513 | 4,327 | 4,827 |
| 134 | 137 | 150 | 199 | 309 | 619 | |
| CWIP | 3 | 4 | 7 | 6 | 289 | 11 |
| Investments | 1,772 | 2,041 | 2,287 | 2,883 | 3,285 | 3,794 |
| 207 | 262 | 340 | 424 | 444 | 403 | |
| Total Assets | 2,115 | 2,445 | 2,784 | 3,513 | 4,327 | 4,827 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| 1,195 | 1,333 | 1,400 | 1,765 | 2,574 | |
| -329 | -79 | -129 | -246 | -513 | |
| -869 | -1,244 | -1,264 | -1,527 | -2,068 | |
| Net Cash Flow | -3 | 10 | 6 | -8 | -8 |
| Free Cash Flow | 1,171 | 1,310 | 1,359 | 1,710 | 2,162 |
| CFO/OP | 90% | 91% | 92% | 85% | 95% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| Debtor Days | 11 | 14 | 14 | 19 | 17 |
| Inventory Days | |||||
| Days Payable | |||||
| Cash Conversion Cycle | 11 | 14 | 14 | 19 | 17 |
| Working Capital Days | -8 | -10 | -9 | -22 | -27 |
| ROCE % | 97% | 89% | 102% | 111% |
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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| Unique Customer Count million |
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Documents
Announcements
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Update On Transfer Of Investment Management Rights Of Certain AIF Funds From ICICI Venture Funds Management Company Limited To ICICI Prudential Asset Management Company Limited
11h - ICICI Prudential AMC to manage five AIFs effective April 1, 2026.
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Announcement under Regulation 30 (LODR)-Change in Management
1d - Puneet Nanda appointed Senior Management Personnel at ICICI Prudential AMC effective April 1, 2026.
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Closure of Trading Window
26 Mar - Board meeting on April 13, 2026 to approve audited results for year ending March 31, 2026; trading window Apr 1–15.
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Board Meeting Intimation for Intimation Of Board Meeting Under Regulation 29(1)(A) Of The SEBI (LODR) Regulations 2015
26 Mar - Board meeting April 13, 2026 to approve quarter/year results; trading window closed Apr 1–15, 2026.
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Announcement under Regulation 30 (LODR)-Resignation of Director
26 Mar - Guillermo Maldonado-Codina resigns effective 30 Mar 2026; Rajeev Mittal appointed additional non-exec director effective 31 Mar 2026 (shareholders' approval).
Annual reports
No data available.
Concalls
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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.