āagmanLoginNot investment advice. Data and computed figures, for information only.
ICICI Bank Ltd
₹1,389.40
+₹50.80 (+3.80%)
NSE · 15 Oct 2026, close
Market Cap
₹9,72,758 Cr
CMP
₹1,389.40
52-wk High / Low
₹1,480 / 1,188
P/E
17.3
P/B
2.6
Book Value
₹527.0
Div Yield
0.89%
ROCE
7.2%
ROE
16.0%
Face Value
₹2
D/E
5.65
Price+0.7% over 1Y
āagman read
Computed by āagmanPiotroski F-Score
5
/ 9
5 of 9 F-score tests passed
Graham Number
₹947
√(22.5 × EPS × book value per share)
Cash flow to profit
1.16
CFO / PAT
Above 1.0 = operating cash flow exceeded reported profit
Sustainable growth
13.5%
ROE × earnings retention ratio
ROE stability
0.8
pp σ
Standard deviation of ROE across periods. Lower = more stable
Cash-accrual divergence
−0.3%
of assets
Low = accruals track cash flow
Strengths
+Price trades above its 200-day moving average (1.0x)
+Price is within 10% of its 52-week high (-6.1%)
+Annualised volatility of 19.9% is in the low band (≤25%)
+PE of 17.3x is below the sector median of 20.4x
Watch-outs
−Latest ROCE of 7.2% trails the sector median of 9.4%
Peer comparison
| Name | P/E | Mar Cap ₹ Cr | ROCE % | ROE % |
|---|
Quarterly results
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 37,106 | 38,938 | 40,865 | 42,607 | 44,582 | 46,326 | 47,037 | 48,387 | 49,080 | 48,181 | 48,364 | 49,594 | 52,241 |
| Expenses | 21,402 | 24,560 | 24,929 | 30,604 | 29,387 | 32,221 | 33,510 | 37,588 | 31,991 | 35,065 | 37,154 | 41,823 | 35,318 |
| Operating Profit | — | — | — | — | — | — | — | — | — | — | — | — | — |
| OPM % | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Income | 15,229 | 18,690 | 18,615 | 24,575 | 22,688 | 26,617 | 27,589 | 31,361 | 25,496 | 27,966 | 28,418 | 35,020 | 27,448 |
| Interest | 16,368 | 17,908 | 19,409 | 20,424 | 21,122 | 22,225 | 22,633 | 23,047 | 23,090 | 22,017 | 21,874 | 22,047 | 23,064 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 14,566 | 15,160 | 15,142 | 16,154 | 16,761 | 18,496 | 18,483 | 19,113 | 19,494 | 19,065 | 17,754 | 20,744 | 21,307 |
| Net Profit | 11,014 | 11,351 | 11,515 | 12,200 | 12,463 | 13,906 | 13,847 | 14,354 | 14,456 | 14,318 | 13,481 | 15,681 | 16,276 |
| EPS (₹) | 15.20 | 15.56 | 15.76 | 16.62 | 16.62 | 18.38 | 18.25 | 18.96 | 19.00 | 18.70 | 17.53 | 20.61 | 21.52 |
Profit & Loss
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 54,964 | 59,294 | 60,940 | 62,162 | 71,982 | 84,836 | 89,163 | 95,407 | 1,21,067 | 1,59,516 | 1,86,331 | — | 1,95,218 | 1,98,379 |
| Expenses | 38,766 | 52,252 | 63,841 | 72,806 | 83,775 | 85,361 | 91,309 | 80,798 | 87,864 | 99,560 | 1,30,078 | — | 1,42,971 | 1,49,359 |
| Operating Profit | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| OPM % | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Income | 35,252 | 42,102 | 52,458 | 56,807 | 59,325 | 64,950 | 72,174 | 62,129 | 65,112 | 76,522 | 1,08,255 | — | 1,16,900 | 1,18,852 |
| Interest | 32,318 | 33,996 | 34,836 | 34,262 | 39,178 | 44,666 | 42,659 | 41,167 | 50,543 | 74,108 | 89,028 | — | 89,029 | 89,002 |
| Depreciation | 798 | 843 | 912 | 922 | 946 | 1,171 | 1,340 | 1,330 | 1,515 | 1,935 | 2,627 | — | 3,061 | 0 |
| Profit before tax | 18,334 | 14,304 | 13,809 | 10,978 | 7,408 | 18,589 | 26,028 | 34,241 | 46,256 | 60,434 | 72,854 | — | 77,057 | 78,870 |
| Net Profit | 12,942 | 10,927 | 11,340 | 9,100 | 5,689 | 11,225 | 20,364 | 26,538 | 35,461 | 46,081 | 54,569 | — | 57,936 | 59,756 |
| EPS (₹) | 19.20 | 15.92 | 15.90 | 12.00 | 6.60 | 14.78 | 26.58 | 36.14 | 48.74 | 63.02 | 71.65 | — | 75.71 | 78.36 |
Balance Sheet
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 1,160 | 1,163 | 1,165 | 1,286 | 1,289 | 1,295 | 1,383 | 1,390 | 1,397 | 1,405 | 1,425 | 1,429 | 1,432 | — |
| Reserves | 83,545 | 92,948 | 1,03,467 | 1,09,344 | 1,12,964 | 1,21,665 | 1,56,204 | 1,80,663 | 2,13,101 | 2,54,739 | 3,12,481 | 3,31,807 | 3,61,628 | — |
| Other Liabilities | 1,44,167 | 1,53,190 | 1,80,219 | 1,98,453 | 2,32,899 | 2,39,696 | 3,12,385 | 3,17,616 | 3,44,099 | 4,56,911 | 4,67,815 | 4,92,145 | 5,01,153 | — |
| Total Liabilities | 8,26,079 | 9,18,756 | 9,85,725 | 11,24,281 | 12,38,794 | 13,77,292 | 15,73,812 | 17,52,637 | 19,58,490 | 23,64,063 | 26,42,241 | 26,86,485 | 29,14,498 | — |
| Fixed Assets | 5,871 | 8,713 | 9,338 | 9,465 | 9,660 | 10,409 | 10,809 | 10,707 | 11,070 | 15,714 | 24,272 | 16,562 | 27,970 | — |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — |
| Investments | 2,74,311 | 2,86,044 | 3,04,373 | 3,72,208 | 3,98,201 | 4,43,473 | 5,36,579 | 5,67,098 | 6,39,552 | 8,27,163 | 8,86,377 | 8,99,798 | 8,70,720 | — |
| Other Assets | 5,45,897 | 6,23,999 | 6,72,013 | 7,42,608 | 8,30,933 | 9,23,411 | 10,26,424 | 11,74,833 | 13,07,868 | 15,21,186 | 17,31,593 | 17,70,125 | 20,15,808 | — |
| Total Assets | 8,26,079 | 9,18,756 | 9,85,725 | 11,24,281 | 12,38,794 | 13,77,292 | 15,73,812 | 17,52,637 | 19,58,490 | 23,64,063 | 26,42,241 | 26,86,485 | 29,14,498 | — |
| Deposits | 4,78,042 | 4,82,401 | 5,30,204 | 5,85,796 | 6,81,317 | 8,00,784 | 9,59,940 | 10,91,366 | 12,10,832 | 14,43,580 | 16,41,637 | 16,45,865 | 18,30,020 | — |
| Borrowing | 1,19,165 | 1,89,054 | 1,70,670 | 2,29,402 | 2,10,324 | 2,13,852 | 1,43,900 | 1,61,603 | 1,89,062 | 2,07,428 | 2,18,883 | 2,15,240 | 2,20,264 | — |
Cash Flows
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 6,765 | −12,273 | 23,645 | 52,636 | 19,383 | 48,671 | 79,565 | 1,38,015 | 58,111 | −3,771 | 1,57,284 | 1,22,805 | 67,325 |
| Cash from Investing Activity | −15,750 | −13,175 | −12,060 | −1,711 | −50,551 | −30,282 | −42,095 | −63,631 | −40,007 | −67,689 | −1,44,737 | −77,140 | −11,708 |
| Cash from Financing Activity | 7,872 | 24,827 | 5,814 | −35,470 | 39,676 | −19,997 | 2,992 | −54,667 | 17,451 | 24,791 | 13,765 | 5,589 | −4,661 |
| Net Cash Flow | −1,113 | −621 | 17,399 | 15,455 | 8,508 | −1,608 | 40,462 | 19,718 | 35,555 | −46,669 | 26,312 | 51,255 | 50,957 |
Ratios
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROCE % | — | — | — | — | — | — | — | — | — | — | — | — | 7.2 |
| ROE % | 15.0 | 15.0 | 11.0 | 10.0 | 7.0 | 4.0 | 8.0 | 13.0 | 15.0 | 17.0 | 19.0 | 18.0 | 16.0 |
| EPS (₹) | 17.38 | 19.20 | 15.92 | 15.90 | 12.00 | 6.60 | 14.78 | 26.58 | 36.14 | 48.74 | 63.02 | 71.65 | 75.71 |
| Book Value (₹) | — | — | — | — | — | — | — | — | — | — | — | — | 527.0 |
| Face Value (₹) | — | — | — | — | — | — | — | — | — | — | — | — | 2 |
| P/E | — | — | — | — | — | — | — | — | — | — | — | — | 17.3 |
| Div Yield % | — | — | — | — | — | — | — | — | — | — | — | — | 0.89 |
| NPM % | — | 14.3 | 10.8 | 10.0 | 7.6 | 4.3 | 7.5 | 12.6 | 16.8 | 19.0 | 19.5 | 18.5 | 18.6 |
| OPM % | — | — | — | — | — | — | — | — | — | — | — | — | — |
| D/E | — | 7.05 | 7.13 | 6.70 | 7.37 | 7.80 | 8.25 | 7.00 | 6.88 | 6.53 | 6.45 | 5.93 | 5.65 |
| P/B | — | — | — | — | — | — | — | — | — | — | — | — | 2.6 |
Growth
Compounded sales growth
10 years+13.0%
5 years+17.0%
3 years+17.0%
TTM+4.0%
Compounded profit growth
10 years+18.0%
5 years+24.0%
3 years+17.0%
TTM+6.0%
Stock price CAGR
10 years+20.0%
5 years+14.0%
3 years+12.0%
Last year−2.0%
Return on equity
10 years14.0%
5 years17.0%
3 years17.0%
Last year16.0%
Documents
Announcements
Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPSCompliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPSDisclosure Under Regulation 30 Of The SEBI (LODR) Regulations, 2015Disclosure Under Regulation 30 Of The SEBI (Listing Obligations
And Disclosure Requirements) Regulations, 2015Corporate actions
3 Aug 2026DIVIDENDDividend - Rs 12 Per Share—
12 Aug 2025DIVIDENDDividend - Rs 11 Per Share—
12 Aug 2024DIVIDENDDividend - Rs 10 Per Share—
9 Aug 2023DIVIDENDDividend - Rs 8 Per Share—
8 Aug 2022DIVIDENDDividend - Rs 5 Per Share—
29 Jul 2021DIVIDEND Dividend - Rs 2 Per Share—
22 Jul 2019DIVIDEND Annual General Meeting/Dividend - Re 1 Per Share—
24 Aug 2018DIVIDEND Dividend- Rs 1.50 Per Share (Date Revised)—
20 Jun 2017BONUS Annual General Meeting/Dividend - Rs 2.50 Per Share/Bonus 1:10 (Revised)—
16 Jun 2016DIVIDEND Annual General Meeting/ Dividend - Rs 5/- Per Share —
4 Jun 2015DIVIDENDAnnual General Meeting/ Dividend - Rs 5/- Per Share—
4 Dec 2014SPLITFace Value Split (Sub-Division) - From Rs 10/- Per Share To Rs 2/- Per Share10 : 2
5 Jun 2014DIVIDENDAnnual General Meeting/Dividend Rs.23/- Per Share—
30 May 2013DIVIDENDAnnual General Meeting/Dividend Rs.20/- Per Share—
31 May 2012DIVIDENDAnnual General Meeting And Dividend Rs.16.50 Per Share—
2 Jun 2011DIVIDENDAnnual General Meeting And Dividend Rs.14/- Per Share—
10 Jun 2010DIVIDENDAnnual General Meeting And Dividend Rs.12/- Per Share—
Fundamentals from a third-party compiler of exchange filings; prices from the exchanges. Not investment advice.© 2026 āagman