StrengthTalking point
Asset quality at a multi-year best
Gross NPA of 1.4% is the lowest in 4 years, down from a peak of 3.6%.
Importance 54 / 95 · financial health
ICICI Bank · Research view
ICICI Bank Ltd.
NSE: ICICIBANKBSE: 532174ISIN INE090A01021Face value ₹2consolidated
₹1,306
+1.00% · 2026-10-01 · 52-wk ₹1,206–₹1,463
Financials to FY2026 · 5 years of history · prices to 2026-10-01consolidatedstandalone
Section 02 · Synthesis
What stands out?
The strongest observations the engine found, ranked. Every line is generated from the filed numbers by a fixed rule — no opinion, no estimate.
StrengthConcernWatchContext
Strength
More profitable than peers
ROE of 15.3% is well above the private sector bank median of 11.4%.
Importance 50 / 95 · profitability
Section 03 · The company
Who is this company?
Classified by the exchange under Financial Services › Financial Services › Banks › Private Sector Bank.
- Market cap
- ₹9.35 L cr
- FY2026 total income
- ₹3,12,118 cr
- FY2026 net profit
- ₹54,208 cr
- Net worth
- ₹3,79,571 cr
- Advances
- ₹16,44,658 cr
- EPS (basic)
- ₹75.89
- Listed
- NSE · BSE
- Reporting
- Banking (Sch. III)Apr–Mar
Peer set used on this page: 8 private sector bank.
Section 04 · Business performance
Is the business growing?
Total incomeNet profit
Advances (loans)Deposits
Total income and profit over the loaded history are shown above.
- Advances growth per year
- +15.6%over 4 years
- Advances growth
- +15.8%vs last year
- Deposits growth
- +11.5%vs last year
- Net profit growth
- +6.2%vs last year
Section 05 · Recent activity
What changed recently?
Quarterly results, the trailing-twelve-months snapshot, and verified corporate actions — kept separate from each other and from the annual story above. Every figure traces to a filed number; nothing here is external news or commentary.
Strength
Q1 FY27 net profit was ₹15,440 cr, up 13.9% from ₹13,558 cr a year earlier.
Rule QTR_PROFIT_GROWTH_YOY
Strength
Q1 FY27 net profit of ₹15,440 cr is the highest of the 13 quarters on record for this company.
Rule QTR_PROFIT_AT_RECORD
A. Quarterly results
Total incomeNet profit
| Quarter | Total income | YoY | Net profit | YoY |
|---|---|---|---|---|
| Q2 FY25 | 72,943 | — | 12,948 | — |
| Q3 FY25 | 74,627 | +25.5% | 12,883 | +16.6% |
| Q4 FY25 | 79,748 | +18.7% | 13,502 | +15.7% |
| Q1 FY26 | 74,576 | +10.9% | 13,558 | +15.9% |
| Q2 FY26 | 76,147 | +4.4% | 13,357 | +3.2% |
| Q3 FY26 | 76,782 | +2.9% | 12,538 | −2.7% |
| Q4 FY26 | 84,614 | +6.1% | 14,755 | +9.3% |
| Q1 FY27 | 79,689 | +6.9% | 15,440 | +13.9% |
B. TTM snapshot
Trailing twelve months to 30 Jun 2026 · sum of the last 4 contiguous quarters
- Total income
- ₹3,17,232 crTTM
- PBT
- ₹78,870 crTTM
- Net profit
- ₹56,090 crTTM
C. Corporate actions
3 Aug 2026DividendDividend - Rs. - 12.0000 — ₹12.00/share
12 Aug 2025DividendDividend - Rs. - 11.0000 — ₹11.00/share
12 Aug 2024DividendFinal Dividend - Rs. - 10.0000 — ₹10.00/share
9 Aug 2023DividendFinal Dividend - Rs. - 8.0000 — ₹8.00/share
8 Aug 2022DividendFinal Dividend - Rs. - 5.0000 — ₹5.00/share
29 Jul 2021DividendFinal Dividend - Rs. - 2.0000 — ₹2.00/share
22 Jul 2019DividendFinal Dividend - Rs. - 1.0000 — ₹1.00/share
24 Aug 2018DividendDividend - Rs. - 1.5000 — ₹1.50/share
20 Jun 2017Bonus issueBonus issue 1:10 — 10:11
20 Jun 2017DividendDividend - Rs. - 2.5000 — ₹2.50/share
16 Jun 2016DividendDividend - Rs. - 5.0000 — ₹5.00/share
4 Jun 2015DividendDividend - Rs. - 5.0000 — ₹5.00/share
4 Dec 2014Stock splitStock Split From Rs.10/- to Rs.2/- — 10:2
5 Jun 2014DividendDividend - Rs. - 23.0000 — ₹23.00/share
30 May 2013DividendDividend - Rs. - 20.0000 — ₹20.00/share
31 May 2012DividendDividend - Rs. - 16.5000 — ₹16.50/share
2 Jun 2011DividendDividend - Rs. - 14.0000 — ₹14.00/share
10 Jun 2010DividendDividend - Rs. - 12.0000 — ₹12.00/share
11 Jun 2009DividendDividend - Rs. - 11.0000 — ₹11.00/share
10 Jul 2008DividendDividend - Rs. - 11.0000 — ₹11.00/share
21 Feb 2002DividendInterim Dividend - Rs. - 2.0000 — ₹2.00/share
8 May 2001DividendDividend - Rs. - 2.0000 — ₹2.00/share
Section 06 · Business performance
Is it becoming more profitable?
Net interest margin (left)Return on equity (right)
Strength
ROE of 15.3% is well above the private sector bank median of 11.4%.
Rule ROE_ABOVE_PEER_MEDIAN
- NIM FY2026
- 3.82%
- Cost-to-income
- 62.9%
- ROE FY2026
- 15.3%
- ROA FY2026
- 1.95%
Section 07 · Financial health
Is financial health improving?
Gross NPA %Net NPA %
Strength
Gross NPA of 1.4% is the lowest in 4 years, down from a peak of 3.6%.
Rule BANK_ASSET_QUALITY_MULTIYEAR_BEST
Net worth (capital + reserves)
- Gross NPA FY2026
- 1.41%
- Net NPA
- 0.37%
- Credit cost
- 0.37%of advances
- Credit / deposit
- 90%
Section 08 · Relative position
How does it compare with peers?
Ranked against 8 private sector bank (FY2026, consolidated). No peer-relative rule fired for this company.
Return on equity
ICICIBANK · 1st of 8 · set median 11.4%
P/E ratio
ICICIBANK · 4th of 8 · set median 16.9×
- P / E
- 16.7×TTM to Jun 26
- P / B
- 2.5×latest book
- P / S
- 2.9×TTM sales
- Earnings yield
- 6.0%TTM to Jun 26
On the trailing twelve months. Last full year: P/E 17.2× · P/S 3.0× · ROE 15.3%.
Section 09 · The stock
How has the stock performed?
Long-term price performance is shown above.
- 1-year return
- −4.8%
- 3-year return
- +37.1%
- 5-year return
- +88.6%
- From 52-wk high
- −10.8%
Section 10 · Technical data
What does the technical data say?
Price-action indicators as of 2026-10-01. Secondary to the fundamentals above — included for timing context, not as a signal.
- vs 50-day avg
- Below₹1,408
- vs 200-day avg
- Below₹1,354
- RSI (14)
- 28.5oversold
- MACD histogram
- -7.4
- From 52-wk high
- −10.8%
- From 52-wk low
- +8.3%
- 30-day volatility
- 15.0%ann.
- 6-month return
- +4.3%
Section 11 · Open questions
What should I investigate further?
Observations the engine tagged watch or deteriorating — prompts for your own research, not conclusions.
Nothing is flagged for review for this company.
Data coverage is complete — 5 years of financials (FY2022–FY2026), full P&L, balance sheet and cash-flow statement, sector metrics fully mapped.
Section 12 · Reference
The numbers
The full statements, kept deliberately secondary. Every figure traces to a BSE Integrated Filing (inline XBRL); ratios are recomputed from the normalised facts.
| Metric | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Total income | 1,57,536 | 1,86,179 | 2,36,038 | 2,94,587 | 3,12,118 |
| Interest earned | 95,407 | 1,21,067 | 1,59,516 | 1,86,331 | 1,95,218 |
| Interest expended | 41,167 | 50,543 | 74,108 | 89,028 | 89,029 |
| Net interest income | 54,240 | 70,523 | 85,408 | 97,304 | 1,06,190 |
| Pre-provision operating profit | 43,218 | 53,196 | 64,147 | 77,759 | 82,696 |
| Provisions & contingencies | 8,977 | 6,940 | 3,712 | 4,906 | 5,639 |
| Profit before tax | 34,241 | 46,256 | 60,434 | 72,854 | 77,057 |
| Net profit | 25,110 | 34,037 | 44,256 | 51,029 | 54,208 |
| EPS (₹) | 36.2 | 14.1 | 63.2 | 72.4 | 75.9 |
| Net worth | 1,82,052 | 2,14,498 | 2,70,032 | 3,28,743 | 3,79,571 |
| Total debt | 1,61,603 | 1,89,062 | 2,07,428 | 2,18,883 | 2,20,264 |
| Advances | 9,20,308 | 10,83,866 | 12,60,776 | 14,20,664 | 16,44,658 |
| Deposits | 10,91,366 | 12,10,832 | 14,43,580 | 16,41,637 | 18,30,020 |
| Borrowings | 1,61,603 | 1,89,062 | 2,07,428 | 2,18,883 | 2,20,264 |
| Investments | 5,67,098 | 6,39,552 | 8,27,163 | 8,86,377 | 8,70,720 |
| Gross NPAs | 34,551 | 31,247 | 27,961 | 24,331 | 23,427 |
| Net NPAs | 7,641 | 5,796 | 5,836 | 6,155 | 6,096 |
| Operating cash flow | 58,111 | −3,771 | 1,57,284 | 1,22,805 | 67,325 |
| Ratio | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Growth | |||||
| Advances growth YoY | — | 17.8 | 16.3 | 12.7 | 15.8 |
| Deposits growth YoY | — | 10.9 | 19.2 | 13.7 | 11.5 |
| Profit growth YoY | — | 35.5 | 30.0 | 15.3 | 6.2 |
| Profitability | |||||
| Net interest margin % | 3.1 | 3.8 | 4.0 | 3.9 | 3.8 |
| Cost-to-income % | 62.9 | 60.8 | 60.4 | 62.2 | 62.9 |
| Return on equity % | 13.8 | 17.2 | 18.3 | 17.0 | 15.3 |
| Return on assets % | 1.4 | 1.8 | 2.0 | 2.0 | 2.0 |
| Asset quality | |||||
| Gross NPA % | 3.6 | 2.8 | 2.2 | 1.7 | 1.4 |
| Net NPA % | 0.8 | 0.5 | 0.5 | 0.4 | 0.4 |
| Credit cost % | 1.0 | 0.7 | 0.3 | 0.4 | 0.4 |
| Credit / deposit % | 84.3 | 89.5 | 87.3 | 86.5 | 89.9 |