ICICI LOMBARD GENERAL INSURANCE COMPANY LIMITED Financials ICICI Lombard General Insurance Company Limited
Equities
ICICIGI
INE765G01017
Multiline Insurance & Brokers
|
Delayed
Other stock markets
|
5-day change | 1st Jan Change | ||
| 1,713 INR | +0.41% |
|
+0.99% | +20.59% |
Valuation
| Fiscal Period: March | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 469,438 | 491,555 | 651,525 | 652,051 | 525,258 | 840,518 | - | - |
| Enterprise Value (EV) 1 | 470,272 | 496,078 | 654,098 | 651,675 | 523,577 | 829,918 | 837,659 | 836,002 |
| P/E ratio | 44.8 x | 41.3 x | 44.4 x | 51.4 x | 30.4 x | 43.4 x | 35 x | 29.6 x |
| Yield | 0.58% | 0.32% | 0.56% | 0.6% | 0.89% | 0.65% | 0.76% | 0.92% |
| Capitalization / Revenue | 5.61 x | 4.45 x | 5.36 x | 4.04 x | 2.9 x | 4.2 x | 3.64 x | 3.15 x |
| EV / Revenue | 5.61 x | 4.49 x | 5.38 x | 4.04 x | 2.89 x | 4.2 x | 3.62 x | 3.14 x |
| EV / EBITDA | - | - | - | - | - | - | - | - |
| EV / FCF | - | - | - | - | - | - | - | - |
| FCF Yield | - | - | - | - | - | - | - | - |
| Price to Book | 8.82 x | 8.01 x | 8.76 x | 7.16 x | 5.05 x | 7.07 x | 6.13 x | 5.34 x |
| Nbr of stocks (in thousands) | 454,310 | 454,449 | 454,595 | 490,891 | 491,125 | 492,785 | - | - |
| Reference price 2 | 1,033 | 1,082 | 1,433 | 1,328 | 1,070 | 1,706 | 1,706 | 1,706 |
| Announcement Date | 4/18/19 | 5/2/20 | 4/17/21 | 4/21/22 | 4/18/23 | 4/17/24 | - | - |
1INR in Million2INR
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: March | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 83,754 | 110,528 | 121,614 | 161,297 | 180,949 | 197,521 | 231,133 | 266,411 |
| EBITDA | - | - | - | - | - | - | - | - |
| EBIT 1 | 12,314 | 15,441 | 19,554 | 17,940 | 23,823 | 19,059 | 23,237 | 27,312 |
| Operating Margin | 14.7% | 13.97% | 16.08% | 11.12% | 13.17% | 9.65% | 10.05% | 10.25% |
| Earnings before Tax (EBT) 1 | 15,984 | 16,969 | 19,540 | 16,835 | 21,125 | 25,552 | 32,129 | 37,800 |
| Net income 1 | 10,493 | 11,938 | 14,730 | 12,710 | 17,290 | 19,186 | 24,087 | 28,377 |
| Net margin | 12.53% | 10.8% | 12.11% | 7.88% | 9.56% | 9.71% | 10.42% | 10.65% |
| EPS 2 | 23.06 | 26.19 | 32.27 | 25.82 | 35.16 | 38.78 | 48.71 | 57.60 |
| Free Cash Flow | - | - | - | - | - | - | - | - |
| FCF margin | - | - | - | - | - | - | - | - |
| FCF Conversion (EBITDA) | - | - | - | - | - | - | - | - |
| FCF Conversion (Net income) | - | - | - | - | - | - | - | - |
| Dividend per Share 2 | 6.000 | 3.500 | 8.000 | 8.000 | 9.500 | 11.14 | 13.03 | 15.76 |
| Announcement Date | 4/18/19 | 5/2/20 | 4/17/21 | 4/21/22 | 4/18/23 | 4/17/24 | - | - |
1INR in Million2INR
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: March | 2021 Q3 | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 | 2025 Q1 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 41,117 | 34,894 | 32,469 | - | 38,541 | - | 39,783 | 44,990 | 43,620 | 52,556 | 45,380 | 49,156 | 51,812 | 49,799 | - |
| EBITDA | - | - | - | - | - | - | 4,680 | 5,958 | - | - | - | - | - | - | - |
| EBIT 1 | 3,121 | -912.9 | 329.7 | -1,007 | -2,692 | - | 3,168 | 5,102 | 2,765 | 12,788 | 3,312 | 3,878 | 4,538 | 8,582 | - |
| Operating Margin | 7.59% | -2.62% | 1.02% | - | -6.98% | - | 7.96% | 11.34% | 6.34% | 24.33% | 7.3% | 7.89% | 8.76% | 17.23% | - |
| Earnings before Tax (EBT) 1 | 4,182 | 4,501 | 2,015 | 5,939 | 4,209 | 4,104 | 4,651 | 6,097 | 4,653 | 5,725 | 5,200 | 6,684 | 6,162 | 6,100 | - |
| Net income 1 | 3,135 | 3,457 | 1,516 | 4,467 | 3,175 | 3,125 | 3,490 | 5,905 | 3,525 | 4,370 | 3,904 | 4,689 | 4,809 | 4,952 | - |
| Net margin | 7.63% | 9.91% | 4.67% | - | 8.24% | - | 8.77% | 13.13% | 8.08% | 8.31% | 8.6% | 9.54% | 9.28% | 9.94% | - |
| EPS 2 | - | 7.570 | 3.320 | 9.060 | 6.440 | 6.350 | 7.090 | 12.00 | 7.170 | 8.890 | 7.940 | 11.37 | 8.895 | 9.124 | - |
| Dividend per Share 2 | - | - | - | 4.000 | 4.000 | 4.000 | - | 4.500 | 4.500 | - | - | 5.500 | 5.500 | - | - |
| Announcement Date | 1/19/21 | 4/17/21 | 7/22/21 | 10/21/21 | 1/19/22 | 4/21/22 | 7/19/22 | 10/18/22 | 1/17/23 | 4/18/23 | 7/18/23 | - | - | - | - |
1INR in Million2INR
Estimates
Balance Sheet Analysis
| Fiscal Period: March | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 834 | 4,524 | 2,574 | - | - | 1,074 | - | - |
| Net Cash position 1 | - | - | - | 376 | 1,681 | - | 2,859 | 4,516 |
| Leverage (Debt/EBITDA) | - | - | - | - | - | - | - | - |
| Free Cash Flow | - | - | - | - | - | - | - | - |
| ROE (net income / shareholders' equity) | 21.3% | 20.8% | 21.7% | 14.7% | 17.7% | 17.3% | 18.6% | 19.3% |
| ROA (Net income/ Total Assets) | 3.32% | 3.39% | 3.86% | 2.82% | 3.26% | 3.62% | 3.88% | 4.01% |
| Assets 1 | 315,760 | 352,224 | 381,698 | 450,713 | 529,672 | 532,356 | 620,885 | 708,144 |
| Book Value Per Share 2 | 117.0 | 135.0 | 164.0 | 186.0 | 212.0 | 241.0 | 278.0 | 319.0 |
| Cash Flow per Share | - | - | - | - | 46.60 | - | - | - |
| Capex | - | - | - | - | - | - | - | - |
| Capex / Sales | - | - | - | - | - | - | - | - |
| Announcement Date | 4/18/19 | 5/2/20 | 4/17/21 | 4/21/22 | 4/18/23 | 4/17/24 | - | - |
1INR in Million2INR
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
A-
Sell
Buy
Mean consensus
OUTPERFORM
Number of Analysts
24
Last Close Price
1,706
INR
Average target price
1,753
INR
Spread / Average Target
+2.77%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| +20.59% | 10.07B | |
| +10.06% | 111B | |
| +10.27% | 101B | |
| +4.76% | 97.8B | |
| +1.07% | 70.23B | |
| +9.67% | 19.6B | |
| -4.04% | 12.49B | |
| +10.73% | 11.22B | |
| +9.58% | 10.57B | |
| +4.05% | 9.13B |
- Stock Market
- Equities
- ICICIGI Stock
- Financials ICICI Lombard General Insurance Company Limited
