ICICI Lombard General Insurance has a market capitalization of ₹97,066.59 crore, a PE ratio of 57.89, and a return on equity (ROE) of 17%. These figures highlight the company’s strong market presence, profitability, and efficient use of equity to generate returns.
Content:
- ICICI Lombard General Insurance Company Ltd Overview
- ICICI Lombard General Insurance Company Financial Results
- ICICI Lombard General Insurance Company Financial Analysis
- ICICI Lombard General Insurance Company Company Metrics
- ICICI Lombard General Insurance Company Stock Performance
- ICICI Lombard General Insurance Company Peer Comparison
- ICICI Lombard Shareholding Pattern
- ICICI Lombard History
- How To Invest In ICICI Lombard General Insurance Company Ltd Share?
- ICICI Lombard General Insurance Company Limited Fundamental Analysis – FAQs
ICICI Lombard General Insurance Company Ltd Overview
ICICI Lombard General Insurance is a leading Indian insurance company specializing in various general insurance products, including health, motor, travel, and home insurance. It is renowned for its innovative solutions and significant contributions to the insurance sector.
The company has a market capitalization of ₹97,066.59 crore and is listed on both the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE). Currently, the stock is trading 37.7% below its 52-week high of ₹2,032 and 0.5% above its 52-week low of ₹1,266. The all-time high of the stock is ₹2,032, while the all-time low is ₹619.
ICICI Lombard General Insurance Company Financial Results
The company demonstrated strong financial growth from FY 22 to FY 24, with sales increasing from ₹14,267 crore to ₹18,298 crore and EBITDA rising from ₹1,861 crore to ₹2,724 crore. The company maintained a stable OPM and improved EPS over the years.
- Revenue Trend: Sales increased from ₹14,267 crore in FY 22 to ₹17,876 crore in FY 23, and further to ₹18,298 crore in FY 24, indicating a return to robust revenue growth.
- Equity and Liabilities: The company’s equity and liabilities structure showcases financial stability and strategic choices. It balances equity financing and manageable debt, ensuring sustainability and capital allocation flexibility for projects.
- Profitability: Operating Profit Margin (OPM) increased from -5% in FY 22 to 8% in FY 23, and further to 2% in FY 24, reflecting improved operational efficiency and profitability.
- Earnings per Share (EPS): EPS increased from ₹25.91 in FY 22 to ₹35.21 in FY 23, and further to ₹39.03 in FY 24, indicating strong profit growth per share.
- Return on Net Worth (RoNW): RoNW improved from 13.42% in FY 22 to 16.55% in FY 23, and slightly decreased to 15.72% in FY 24, indicating effective use of equity and overall profitability.
- Financial Position: The company’s financial position strengthened with EBITDA increasing from ₹1,861 crore in FY 22 to ₹2,336 crore in FY 23, and further to ₹2,724 crore in FY 24, showcasing robust financial health and effective management.
ICICI Lombard General Insurance Company Financial Analysis
| FY 24 | FY 23 | FY 22 | |
| Sales | 18,298 | 17,876 | 14,267 |
| Expenses | 17,878 | 16,535 | 14,975 |
| Operating Profit | 419.59 | 1,341 | -708.06 |
| OPM % | 2 | 8 | -5 |
| Other Income | 2,304 | 994.78 | 2,569 |
| EBITDA | 2,724 | 2,336 | 1,861 |
| Interest | 80.07 | 80.62 | 36.37 |
| Depreciation | 88.57 | 142.35 | 141.39 |
| Profit Before Tax | 2,555 | 2,113 | 1,684 |
| Tax % | 24.91 | 18.15 | 24.5 |
| Net Profit | 1,919 | 1,729 | 1,271 |
ICICI Lombard General Insurance Company Company Metrics
ICICI Lombard General Insurance has a market capitalization of ₹97,066.59 crore, highlighting its market value. The company’s EBITDA is ₹2,724 crore, demonstrating strong operational performance and profitability over the financial year.
Market Capitalization: Represents the total market value of ICICI Lombard General Insurance’s outstanding shares, amounting to ₹97,066.59 crore.
Book Value: ICICI Lombard General Insurance has a book value of ₹257 per share, representing the net asset value of the company divided by the number of outstanding shares.
Face Value: The face value of ICICI Lombard General Insurance’s shares is ₹10.00, which is the nominal value of each share as stated on the share certificate.
Asset Turnover: ICICI Lombard General Insurance has an asset turnover ratio of 0.35, indicating the company’s efficiency in using its assets to generate revenue.
Total Debt: ICICI Lombard General Insurance has zero debt, reflecting its financial leverage and obligations, contributing to the company’s long-term financial stability and growth.
EBITDA: ICICI Lombard General Insurance’s EBITDA is ₹2,724 crore, indicating its operational performance and profitability over the financial year.
Dividend Yield: ICICI Lombard General Insurance has a dividend yield of 0.31%, reflecting the annual dividend income relative to its current share price.
Earnings per Share (EPS): ICICI Lombard General Insurance has an EPS of ₹42.8, indicating the amount of profit attributed to each outstanding share of common stock, reflecting the company’s profitability for its shareholders.
ICICI Lombard General Insurance Company Stock Performance
ICICI Lombard General Insurance delivered notable returns on investment with 43.4% over 1 year, 10.7% over 3 years, and 11.4% over 5 years, highlighting strong long-term performance and consistent profitability for investors.
| Period | Return on Investment (%) |
| 1 Year | 43.4 |
| 3 Years | 10.7 |
| 5 Years | 11.4 |
Example: If an investor had invested ₹1,000 in ICICI Lombard General Insurance’s stock:
1 year ago, their investment would be worth ₹1,434.
3 years ago, their investment would have grown to ₹1,107.
5 years ago, their investment would have increased to approximately ₹1,114.
This highlights strong long-term performance and consistent profitability for investors.
ICICI Lombard General Insurance Company Peer Comparison
ICICI Lombard stands out with a market cap of ₹97,008.54 crore and a 1-year return of 43.44%. Life Insurance Corporation (LIC) leads the sector with a market cap of ₹6,91,828.18 crore and a 1-year return of 71.77%, while General Insurance Corporation achieves an impressive 93.2% 1-year return. The metrics highlight varied performance among peers.
| Name | CMP Rs. | Mar Cap Rs.Cr. | P/E | ROE % | EPS 12M Rs. | 1Yr return % | ROCE % | Div Yld % |
| Life Insurance | 1093.8 | 691828.18 | 16.53 | 63.45 | 66.13 | 71.77 | 72.95 | 0.93 |
| SBI Life Insuran | 1713 | 171570.07 | 84.38 | 11.96 | 20.29 | 31.54 | 13.23 | 0.16 |
| HDFC Life Insur. | 701.6 | 150912.7 | 92.22 | 11.38 | 7.61 | 10.86 | 6.61 | 0.28 |
| ICICI Pru Life | 734.95 | 105975.63 | 121.96 | 8.07 | 6.03 | 32.01 | 8.75 | 0.08 |
| ICICI Lombard | 1965.95 | 97008.54 | 46.02 | 16.96 | 42.82 | 43.44 | 22.52 | 0.31 |
| General Insuranc | 397.5 | 69737.38 | 9.78 | 13.31 | 40.52 | 93.2 | 15.78 | 1.81 |
| New India Assura | 248.1 | 40886.88 | 37.28 | 4.12 | 6.65 | 100.28 | 5.2 | 0.8 |
ICICI Lombard Shareholding Pattern
ICICI Lombard General Insurance’s shareholding pattern from FY 2023 to FY 2024 shows promoters’ holdings increasing from 48.02% to 51.27%. FIIs slightly increased from 22.85% to 23.05%, while DIIs decreased from 17.38% to 16.1%, and retail and others’ holdings decreased from 11.74% to 9.55%.
| FY 2024 | FY 2023 | FY 2022 | |
| Promoters | 51.27 | 48.02 | 48.04 |
| FII | 23.05 | 22.85 | 26.88 |
| DII | 16.1 | 17.38 | 13.74 |
| Retail & others | 9.55 | 11.74 | 11.35 |
All values in %
ICICI Lombard History
ICICI Lombard General Insurance Company Ltd, established in 2001, is a joint venture between ICICI Bank Limited and Fairfax Financial Holdings Limited. Initially focusing on corporate insurance solutions, the company quickly expanded its portfolio to include a variety of general insurance products catering to individual customers.
In 2003, ICICI Lombard pioneered several innovative insurance products and services, such as cashless claim settlement and online policy issuance. These initiatives positioned the company as a leader in customer-centric insurance solutions, significantly enhancing its market presence and reputation.
By 2011, ICICI Lombard had become the largest private sector general insurance company in India, with a focus on leveraging technology to streamline operations and improve customer experience. The company introduced mobile apps and digital platforms to facilitate easier access to insurance services.
In 2017, ICICI Lombard made a significant move by becoming the first private sector general insurance company in India to go public, listing its shares on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE). This public offering marked a major milestone in its growth journey.
Today, ICICI Lombard continues to lead the general insurance sector with a comprehensive range of products, including health, motor, travel, and home insurance. The company’s commitment to innovation, customer service, and operational efficiency has solidified its position as a trusted name in the Indian insurance industry.
How To Invest In ICICI Lombard General Insurance Company Ltd Share?
Investing in ICICI Lombard General Insurance Company Ltd shares is a straightforward process:
- Open a Demat Account: Start by opening a Demat and trading account with a reliable brokerage firm like Alice Blue.
- Complete KYC: Submit necessary documents for KYC verification.
- Fund Your Account: Deposit funds into your trading account.
- Buy Shares: Search for ICICI Lombard General Insurance Company Ltd shares and place your buy order.
ICICI Lombard General Insurance Company Limited Fundamental Analysis – FAQs
ICICI Lombard General Insurance has a market capitalization of ₹97,066.59 crore, a PE ratio of 57.89, and a return on equity (ROE) of 17%, highlighting strong market presence, profitability, and efficient use of equity.
ICICI Lombard General Insurance Company Ltd has a market capitalization of ₹97,066.59 crore, indicating its significant market value and position in the insurance sector.
ICICI Lombard General Insurance Company Limited is a leading Indian insurance provider, offering a wide range of general insurance products including health, motor, travel, and home insurance.
ICICI Lombard General Insurance Company is a joint venture between ICICI Bank Limited and Fairfax Financial Holdings Limited, with major shares held by institutional investors.
The main shareholders of ICICI Lombard General Insurance include promoters holding 51.27%, Foreign Institutional Investors (FIIs) with 23.05%, Domestic Institutional Investors (DIIs) with 16.1%, and retail and other investors holding 9.55%.
ICICI Lombard General Insurance operates in the insurance industry, specializing in various general insurance products like health, motor, travel, and home insurance.
To invest in ICICI Lombard General Insurance shares, open a brokerage account, complete KYC, deposit funds, and purchase shares through the stock exchange using your broker’s platform or app.
Determining if ICICI Lombard General Insurance is overvalued or undervalued requires analyzing its current market price compared to its intrinsic value, considering factors like PE ratio, growth prospects, and industry comparisons. As of now, its PE ratio of 46.05 suggests it might be overvalued based on its earnings.
