ICICIBANK.NS — ICICI Bank Limited ₹1,437.90

FINANCIAL · Generated 2026-07-29 21:15
USAIND

Price graph

Quality Scorecard Transitional

C61/100
❌ Pricing power (gross margin) 0% Gross margin 0% — thin margins
🟡 Return on equity 16% ROE 16% — decent returns
⚪ Leverage (net debt / EBITDA) — data unavailable
⚪ Interest coverage — data unavailable
✅ Earnings consistency (revenue) 0/3 down 0 revenue-down year(s) in 3 — no down years
🟡 Earnings growth (net income YoY) +6% Net income +6% YoY — earnings roughly flat
✅ Cash conversion (CFO/NI) 124% Operating cash ÷ net income 124% — earnings convert to cash
⚪ Operating margin trend — data unavailable
🟡 Revenue growth 11% Revenue +11% — moderate growth
🟡 Growth trajectory mild deceleration YoY +9% vs +23% prior 2-yr avg — mild deceleration
✅ Free cash flow margin 28% FCF margin 28% — strong cash generation
🟡 Returns capital to shareholders yes dividend ~84.0%; shares +1.6%/yr

Transitional-stage checklist (proxy metrics from yfinance). 9 of 12 criteria scored. Not financial advice.

Buy-Now Score

57/100
Quality ×40%61
Trajectory ×30%38
Valuation ×30%70

Comparative rank: 40% Quality + 30% Trajectory + 30% Valuation — higher = better buy now. Not financial advice.

Valuation

₹1,294.11₹1,903.21
Price ₹1,437.90Analyst ₹1,730.20 (+20%)

Analyst: 41 analysts. MarketGist fair = analyst consensus only (no DCF — financial, or no free-cash-flow data). Not financial advice.

Key Trends (6-yr)

GAAP EPS
▲ +5.1% YoY
Sales
▲ +9.1% YoY
Shares Outstanding
▲ +1.1% YoY

Company Overview

Basic Information

Company Name: ICICI Bank Limited
Symbol: ICICIBANK.NS
Exchange: NSI
Sector: Financial Services
Industry: Banks - Regional

Company Details

Country: India
City: Mumbai
Employees: 124,029
Market Cap: ₹10.31T
Website: https://www.icici.bank.in

Business Description

ICICI Bank Limited, together with its subsidiaries, engages in the provision of various banking and financial services to corporate and retail customers in India and internationally. The company operates through Retail Banking, Wholesale Banking, Treasury, Other Banking, Life Insurance, General Insurance, and Others segments. The company offers asset management, securities brokerage, private equity, foreign exchange, agricultural and rural banking, equities underwriting, depositary share accounts, consumer durable goods financing, corporate salary and current account, savings and sovereign gold bonds, insurance policies, public offerings, investment, credit and protection, retail inward remittances, certificates of deposits, and payment and transaction banking products and services. It is also involved in the fee and commission-based activities; distribution of financial products; venture capital and real estate fund management business; treasury and rural banking operations; financial solutions; working capital financing; I-Process services, mutual funds, investment banking, and pension funds; and advisory activities. In addition, the company provides savings, salary, capital gains scheme, Hindu undivided family savings, real estate regulatory authority, government e-marketplace, current, trade, escrow, and foreign currency accounts. Further, it offers personal, home, car, education, gold, automobile, and commercial business loans, as well as loans against time deposits, securities, and property; and working capital loans, as well as credit, debit, prepaid, travel, forex, commercial, and corporate cards. Additionally, the company provides fixed income products; investment products; payments; general, accident, life, health, vehicle, and travel insurance products; cash management and merchant services; capital market and securities market services; and forex, derivatives, bullion, and bonds. The company was founded in 1955 and is headquartered in Mumbai, India.

Key Metrics

Price & Valuation

Current Price
₹1.44K
Market Cap
₹10.31T
P/E Ratio
18.58
Forward P/E
15.30
PEG Ratio
0.53
Price to Book
2.71

Profitability

Profit Margin: 27.53%
Operating Margin: 38.51%
Gross Margin: 0.00%
Return on Equity (ROE): 16.07%
Return on Assets (ROA): 2.11%
Revenue Growth: 11.40%

Financial Health

Current Ratio: N/A
Quick Ratio: N/A
Debt to Equity: N/A
Total Debt: ₹2.26T
Total Cash: ₹740.09B
Beta: 0.23

Trading & Analyst Info

52-Week Range

52-Week High: ₹1.49K
52-Week Low: ₹1.19K
50-Day Average: ₹1.35K
200-Day Average: ₹1.34K

Analyst Recommendations

Recommendation: STRONG_BUY
Target Mean Price: ₹1.73K
Target High: ₹1.97K
Target Low: ₹1.59K

Quarterly Verdict

🟡 61/100

Hold / watch

Quality grade C; 2 improving / 2 weakening metrics YoY.

➖ Pricing power (gross margin): Gross margin 0% — thin margins
➕ Earnings consistency (revenue): 0 revenue-down year(s) in 3 — no down years
➕ Cash conversion (CFO/NI): Operating cash ÷ net income 124% — earnings convert to cash
➕ Free cash flow margin: FCF margin 28% — strong cash generation
➕ Revenue +7.7% YoY
➕ Net income +13.9% YoY
➖ Free cash flow -46.1% YoY
➖ Debt +5.2% YoY

Heuristic from the Quality Scorecard + quarter-over-quarter trends. Not financial advice.

Financial Statements

Income Statement (Annual)

Item2026-03-312025-03-312024-03-312023-03-312022-03-31
Tax Effect Of Unusual Items₹723.56M₹110.87M₹36.17M₹162.77MN/A
Tax Rate For Calcs₹0.25₹0.25₹0.25₹0.30N/A
Total Unusual Items₹2.89B₹439.08M₹144.09M₹542.58MN/A
Total Unusual Items Excluding Goodwill₹2.89B₹439.08M₹144.09M₹542.58MN/A
Net Income From Continuing Operation Net Minority Interest₹542.08B₹510.29B₹442.56B₹340.37BN/A
Reconciled Depreciation₹31.23B₹26.90B₹19.96B₹16.35BN/A
Net Interest Income₹1.06T₹973.04B₹854.08B₹705.23BN/A
Interest Expense₹890.29B₹890.28B₹741.08B₹505.43BN/A
Interest Income₹1.95T₹1.86T₹1.60T₹1.21TN/A
Normalized Income₹539.91B₹509.96B₹442.46B₹339.99BN/A
Net Income From Continuing And Discontinued Operation₹542.08B₹510.29B₹442.56B₹340.37BN/A
Rent Expense Supplemental₹24.34B₹22.80B₹17.05B₹15.85BN/A
Diluted Average Shares₹7.25B₹7.17B₹7.14B₹7.11BN/A
Basic Average Shares₹7.14B₹7.05B₹7.00B₹6.97BN/A
Diluted EPS₹74.77₹71.14₹61.96₹47.84N/A

Showing 15 of 44 rows

Balance Sheet (Annual)

Item2026-03-312025-03-312024-03-312023-03-31
Treasury Shares NumberN/AN/AN/A₹0.00
Ordinary Shares Number₹7.16B₹7.12B₹7.02B₹6.98B
Share Issued₹7.16B₹7.12B₹7.02B₹6.98B
Net DebtN/A₹48.60B₹108.69B₹199.42B
Total Debt₹2.08T₹2.04T₹2.01T₹1.84T
Tangible Book Value₹3.53T₹3.05T₹2.54T₹2.14T
Invested Capital₹5.71T₹5.18T₹4.57T₹3.98T
Net Tangible Assets₹3.53T₹3.05T₹2.54T₹2.14T
Common Stock Equity₹3.63T₹3.14T₹2.56T₹2.14T
Total Capitalization₹5.46T₹4.95T₹4.40T₹3.88T
Total Equity Gross Minority Interest₹3.80T₹3.29T₹2.70T₹2.21T
Minority Interest₹165.11B₹148.37B₹138.88B₹66.87B
Stockholders Equity₹3.63T₹3.14T₹2.56T₹2.14T
Other Equity Interest₹26.82B₹20.70B₹14.05B₹7.61B
Gains Losses Not Affecting Retained Earnings₹1.48T₹1.31T₹1.11T₹2.12T

Showing 15 of 55 rows

Cash Flow Statement (Annual)

Item2026-03-312025-03-312024-03-312023-03-312022-03-31
Free Cash Flow₹635.95B₹1.18T₹1.54T₹-62.39BN/A
Repayment Of Debt₹-501.53B₹-399.33B₹-391.47B₹-268.92BN/A
Issuance Of Debt₹481.79B₹404.46B₹391.97B₹417.36BN/A
Issuance Of Capital Stock₹13.61B₹14.38B₹11.71B₹9.42BN/A
Capital Expenditure₹-37.30B₹-47.70B₹-36.79B₹-24.68BN/A
End Cash Position₹2.65T₹2.14T₹1.63T₹1.36TN/A
Other Cash Adjustment Outside Changein Cash₹0.00₹0.00₹7.71BN/A₹-5.59B
Beginning Cash Position₹2.14T₹1.63T₹1.36T₹1.83TN/A
Effect Of Exchange Rate Changes₹13.06B₹1.48B₹4.23B₹3.16BN/A
Changes In Cash₹496.51B₹511.06B₹251.18B₹-469.86BN/A
Financing Cash Flow₹-46.61B₹55.89B₹137.65B₹247.91BN/A
Cash Flow From Continuing Financing Activities₹-46.61B₹55.89B₹137.65B₹247.91BN/A
Cash Dividends Paid₹-78.53B₹-70.41B₹-55.99B₹-34.79BN/A
Common Stock Dividend Paid₹-78.53B₹-70.41B₹-55.99B₹-34.79BN/A
Net Common Stock Issuance₹13.61B₹14.38B₹11.71B₹9.42BN/A

Showing 15 of 43 rows

Data via yfinance. Prices may be delayed. · Privacy

Disclaimer: MarketGist is for informational and educational purposes only and does not constitute financial, investment, tax, or legal advice, nor a recommendation, offer, or solicitation to buy or sell any security. Data is sourced automatically (e.g. via yfinance and other third parties) and may be delayed, inaccurate, or incomplete. Investing involves risk, including the possible loss of principal; past performance does not guarantee future results. MarketGist is not a registered investment adviser or broker-dealer. Always do your own research and consult a licensed financial professional before making any investment decision. By using this site you agree that MarketGist and its authors accept no liability for any loss or damage arising from reliance on its content.