Strength
Premium growing double-digit
Net premium income grew 12.6% year on year (FY2025 → FY2026).
Importance 35 / 95 · growth
ICICI Lombard General Insurance Company Limited · Research view
ICICI Lombard General Insurance Company Limited
NSE: ICICIGIBSE: 540716ISIN INE765G01017Face value ₹10standalone
₹1,569
−0.90% · 2026-10-01 · 52-wk ₹1,434–₹2,043
Financials to FY2026 · 2 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
Section 03 · The company
Who is this company?
Classified by the exchange under Financial Services › Financial Services › Insurance › General Insurance.
- Market cap
- ₹78,198 cr
- FY2026 net premium
- ₹23,374 cr
- FY2026 net profit
- ₹2,772 cr
- Net worth
- ₹16,846 cr
- Total assets
- ₹16,072 cr
- EPS (basic)
- ₹55.74
- Listed
- NSE · BSE
- Reporting
- IRDAIApr–Mar
Peer set used on this page: 1 covered insurance-general companies — a broad cross-sector set (it will narrow to sector peers as coverage grows).
Section 04 · Business performance
Is the business growing?
Net premiumNet profit
Strength
Net premium income grew 12.6% year on year (FY2025 → FY2026).
Rule INSURER_PREMIUM_GREW_YOY
- Net premium growth per year
- +12.6%over 1 years
- Net premium growth
- +12.6%vs last year
- Net profit growth
- +10.5%vs last year
- Change in net profit since FY25
- +11%
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.
Concern
Q1 FY27 net profit was ₹403 cr, down 46.0% from ₹747 cr a year earlier.
Rule QTR_PROFIT_GROWTH_YOY
Watch
Q1 FY27 net profit declined 46.0% while revenue grew 17.7% vs the same quarter last year — a gap of 63.7 percentage points.
Rule QTR_PROFIT_VS_REVENUE_GROWTH
Concern
Q1 FY27 net margin was 6.1%, down 7.21 percentage points from 13.3% a year earlier.
Rule QTR_MARGIN_CHANGED_YOY
A. Quarterly results
Net premiumNet profit
| Quarter | Net premium | YoY | Net profit | YoY |
|---|---|---|---|---|
| Q4 FY25 | 5,481 | — | 510 | — |
| Q1 FY26 | 5,611 | — | 747 | — |
| Q2 FY26 | 5,313 | — | 820 | — |
| Q3 FY26 | 5,963 | — | 659 | — |
| Q4 FY26 | 6,487 | +18.4% | 547 | +7.3% |
| Q1 FY27 | 6,604 | +17.7% | 403 | −46.0% |
B. TTM snapshot
Trailing twelve months to 30 Jun 2026 · sum of the last 4 contiguous quarters
- Net premium
- ₹24,368 crTTM
- PBT
- ₹3,201 crTTM
- Net profit
- ₹2,428 crTTM
C. Corporate actions
29 May 2026DividendFinal Dividend - Rs. - 7.0000 — ₹7.00/share
23 Oct 2025DividendInterim Dividend - Rs. - 6.5000 — ₹6.50/share
6 Jun 2025DividendFinal Dividend - Rs. - 7.0000 — ₹7.00/share
28 Oct 2024DividendInterim Dividend - Rs. - 5.5000 — ₹5.50/share
7 Jun 2024DividendFinal Dividend - Rs. - 6.0000 — ₹6.00/share
27 Oct 2023DividendInterim Dividend - Rs. - 5.0000 — ₹5.00/share
12 Jun 2023DividendFinal Dividend - Rs. - 5.5000 — ₹5.50/share
27 Oct 2022DividendInterim Dividend - Rs. - 4.5000 — ₹4.50/share
28 Jul 2022DividendFinal Dividend - Rs. - 5.0000 — ₹5.00/share
29 Oct 2021DividendInterim Dividend - Rs. - 4.0000 — ₹4.00/share
2 Aug 2021DividendFinal Dividend - Rs. - 4.0000 — ₹4.00/share
18 Mar 2021DividendInterim Dividend - Rs. - 4.0000 — ₹4.00/share
31 Oct 2019DividendInterim Dividend - Rs. - 3.5000 — ₹3.50/share
19 Jun 2019DividendFinal Dividend - Rs. - 3.5000 — ₹3.50/share
29 Oct 2018DividendInterim Dividend - Rs. - 2.5000 — ₹2.50/share
4 Jul 2018DividendFinal Dividend - Rs. - 2.5000 — ₹2.50/share
26 Oct 2017DividendInterim Dividend - Rs. - 0.7500 — ₹0.75/share
Section 06 · Business performance
Is it becoming more profitable?
The metrics this section charts aren't mapped for this company's sector yet — see the data-coverage note in section 10.
- Net margin
- —
- Expense ratio
- 10.0%
- Benefits / premium
- 67.7%
- ROE FY2026
- 17.8%
Section 07 · Financial health
Is financial health improving?
Net worth (shareholders' funds)
Leverage and cash generation over the loaded history are shown above.
- Net worth
- ₹16,846 cr
- Total assets
- ₹16,072 cr
- Investments
- ₹58,421 cr
- Policyholders' surplus
- ₹2,524 cr
Section 08 · Relative position
How does it compare with peers?
Ranked against 1 covered insurance-general companies (FY2026, consolidated). No other company in this sector is covered yet, so there's nothing to rank this against — a peer comparison will appear here as coverage grows.
- P / E
- 32.2×TTM to Jun 26
- P / B
- 4.6×latest book
- P / S
- 3.2×TTM sales
- Earnings yield
- 3.1%TTM to Jun 26
On the trailing twelve months. Last full year: P/E 28.2× · P/S 3.3× · ROE 17.8%.
Section 09 · The stock
How has the stock performed?
Long-term price performance is shown above.
- 1-year return
- −17.6%
- 3-year return
- +19.8%
- 5-year return
- −0.9%
- From 52-wk high
- −23.2%
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₹1,578
- vs 200-day avg
- Below₹1,769
- RSI (14)
- 54.9neutral
- MACD histogram
- 15.4
- From 52-wk high
- −23.2%
- From 52-wk low
- +9.4%
- 30-day volatility
- 25.1%ann.
- 6-month return
- −8.3%
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.
- Only 2 annual year(s) of financials loaded — multi-year trend analysis is limited.
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 | FY25 | FY26 |
|---|---|---|
| Revenue | 20,761 | 23,374 |
| Gross premium income | 28,258 | 30,618 |
| Net premium income | 20,761 | 23,374 |
| Benefits paid (net) | 13,987 | 15,828 |
| Profit before tax | 3,321 | 3,659 |
| Net profit | 2,508 | 2,772 |
| EPS (₹) | 50.7 | 55.7 |
| Net worth | 14,303 | 16,846 |
| Investments | 53,508 | 58,421 |
| Operating cash flow | 1,147 | 2,622 |
| Ratio | FY25 | FY26 |
|---|---|---|
| Growth | ||
| Net premium growth YoY | — | 12.6 |
| Profit growth YoY | — | 10.5 |
| Profitability & efficiency | ||
| Net margin % | — | — |
| Expense ratio % | 10.1 | 10.0 |
| Benefits / premium % | 67.4 | 67.7 |
| Return on equity % | 17.5 | 17.8 |