ICICI Prudential Life Insurance Company’s fundamental analysis highlights key financial metrics, including a market capitalization of ₹1,04,654.54 crore, a PE ratio of 264.21, a debt-to-equity ratio of 0.11, and a return on equity (ROE) of 8.07%. These figures reflect the company’s financial health and market position.
Content:
- ICICI Prudential Life Insurance Company Ltd Overview
- ICICI Prudential Life Insurance Company Financial Results
- ICICI Prudential Life Insurance Company Financial Analysis
- ICICI Prudential Life Insurance Company Company Metrics
- ICICI Prudential Life Insurance Company Stock Performance
- ICICI Prudential Life Insurance Company Peer Comparison
- ICICI Prudential Life Insurance Company Shareholding Pattern
- ICICI Prudential Life Insurance Company History
- How To Invest In ICICI Prudential Life Insurance Company Ltd Share?
- ICICI Prudential Life Insurance Company Limited Fundamental Analysis – FAQs
ICICI Prudential Life Insurance Company Ltd Overview
ICICI Prudential Life Insurance Company Ltd. is a prominent player in the Indian insurance sector, offering a diverse range of life insurance products. The company is recognized for its customer-centric approach and innovative insurance solutions.
The company has a market capitalization of ₹1,04,654.54 crore and is listed on both the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE). Currently, the stock is trading close to its 52-week high of ₹747, significantly above its 52-week low of ₹463, indicating strong investor confidence. The all-time high of the stock is ₹747, while the all-time low is ₹222.
ICICI Prudential Life Insurance Company Financial Results
The company demonstrated strong financial growth from FY 22 to FY 24, with total sales increasing from ₹62,305 crore to ₹89,683 crore, despite a negative operating profit margin (OPM). Earnings per share (EPS) and Return on Net Worth (RoNW) showed stability and improvement over the years.
- Revenue Trend: Total sales increased from ₹62,305 crore in FY 22 to ₹49,404 crore in FY 23, and further to ₹89,683 crore in FY 24, indicating robust revenue growth.
- Equity and Liabilities: The company’s equity and liabilities structure showcases financial stability and strategic management. The company effectively balances equity financing and debt to ensure sustainability and capital flexibility for growth initiatives.
- Profitability: The operating profit margin (OPM) remained negative, with -2% in FY 22, -1% in FY 23, and -1% in FY 24, reflecting ongoing challenges in operational efficiency.
- Earnings per Share (EPS): EPS increased from ₹5.28 in FY 22 to ₹5.66 in FY 23, and further to ₹5.91 in FY 24, indicating steady profit growth per share.
- Return on Net Worth (RoNW): RoNW showed stability with 8.25% in FY 22, 8.06% in FY 23, and slightly decreased to 7.77% in FY 24, reflecting consistent equity utilization efficiency and profitability.
- Financial Position: The company’s financial position showed fluctuations in EBITDA, with ₹1,172 crore in FY 22, increasing to ₹1,567 crore in FY 23, and decreasing to ₹881.47 crore in FY 24, showcasing a need for improved financial health and management.
ICICI Prudential Life Insurance Company Financial Analysis
| FY 24 | FY 23 | FY 22 | |
| Sales | 89,683 | 49,404 | 62,305 |
| Expenses | 90,831 | 49,805 | 63,419 |
| Operating Profit | -1,148 | -400.69 | -1,114 |
| OPM % | -1 | -1 | -2 |
| Other Income | 2,029 | 1,968 | 2,285 |
| EBITDA | 881.47 | 1,567 | 1,172 |
| Interest | 122.6 | 113.18 | 113.92 |
| Depreciation | 113.23 | 83.5 | 66.9 |
| Profit Before Tax | 645.64 | 1,370 | 991.06 |
| Tax % | 27.52 | 19.78 | 20.35 |
| Net Profit | 850.66 | 813.49 | 759.2 |
All values in ₹ Crores.
ICICI Prudential Life Insurance Company Company Metrics
ICICI Prudential Life Insurance’s market cap is ₹1,04,654.54 crore, with a book value of ₹100 per share and face value of ₹10. It has minimal debt of ₹500 crore, EBITDA of ₹881.47 crore, dividend yield of 1.25%, and EPS of ₹5.91.
Market Capitalization: Represents the total market value of ICICI Prudential Life Insurance Company Ltd’s outstanding shares, amounting to ₹1,04,654.54 crore.
Book Value: ICICI Prudential Life Insurance Company Ltd has a book value of ₹100 per share, representing the net asset value of the company divided by the number of outstanding shares.
Face Value: The face value of ICICI Prudential Life Insurance Company Ltd’s shares is ₹10.00, which is the nominal value of each share as stated on the share certificate.
Asset Turnover: ICICI Prudential Life Insurance Company Ltd has an asset turnover ratio of 0.05, indicating the company’s efficiency in using its assets to generate revenue.
Total Debt: ICICI Prudential Life Insurance Company Ltd has a minimal debt of ₹500 crore, reflecting its low financial leverage and obligations. Managing this debt effectively is crucial for the company’s long-term financial stability and growth.
EBITDA: ICICI Prudential Life Insurance Company’s EBITDA decreased from ₹1,172 crore in FY 22 to ₹1,567 crore in FY 23, and further to ₹881.47 crore in FY 24, indicating fluctuations in operational performance and profitability over these years.
Dividend Yield: ICICI Prudential Life Insurance Company Ltd has a dividend yield of 1.25%, reflecting the annual dividend income relative to its current share price.
Earnings per Share (EPS): ICICI Prudential Life Insurance Company Ltd has an EPS of ₹5.91, indicating the amount of profit attributed to each outstanding share of common stock, reflecting the company’s profitability for its shareholders.
ICICI Prudential Life Insurance Company Stock Performance
ICICI Prudential Life Insurance Company delivered notable returns on investment with 30.5% over 1 year, 2.56% over 3 years, and 13.5% over 5 years, highlighting strong long-term performance and overall profitability for investors.
| Period | Return on Investment (%) |
| 1 Year | 30.5 |
| 3 Years | 2.56 |
| 5 Years | 13.5 |
Example: If an investor had invested ₹1,000 in ICICI Prudential Life Insurance Company’s stock:
1 year ago, their investment would be worth ₹1,305.
3 years ago, their investment would have grown to ₹1,026.
5 years ago, their investment would have increased to approximately ₹1,135.
This highlights strong long-term performance and consistent profitability for investors.
ICICI Prudential Life Insurance Company Peer Comparison
ICICI Prudential Life Insurance Company has a CMP of ₹724.3 and a market cap of ₹1,04,533.21 crore, with a P/E of 120.32 and ROE of 8.07%. LIC leads with a market cap of ₹6,50,498.44 crore and a 1-year return of 56.85%. SBI Life Insurance, HDFC Life Insurance, ICICI Lombard, General Insurance, and New India Assurance also show diverse performance metrics.
| Name | CMP Rs. | Mar Cap Rs.Cr. | P/E | ROE % | EPS 12M Rs. | 1Yr return % | ROCE % | Div Yld % |
| LIC | 1028.6 | 650498.44 | 15.57 | 63.45 | 66.13 | 56.85 | 72.95 | 0.97 |
| SBI Life Insurance | 1682.4 | 168628.91 | 82.98 | 11.96 | 20.29 | 29.7 | 13.23 | 0.16 |
| HDFC Life Insurance | 685 | 147373.55 | 90.06 | 11.38 | 7.61 | 8.26 | 6.61 | 0.29 |
| ICICI Pru Life | 724.3 | 104533.21 | 120.32 | 8.07 | 6.03 | 30.5 | 8.75 | 0.08 |
| ICICI Lombard | 1947.25 | 96068.62 | 45.56 | 16.96 | 42.82 | 44.2 | 22.52 | 0.31 |
| General Insurance | 388.35 | 68243.7 | 9.6 | 13.31 | 40.52 | 97.18 | 15.78 | 1.85 |
| New India Assura | 238.8 | 39338.3 | 35.88 | 4.12 | 6.65 | 90.89 | 5.2 | 0.86 |
ICICI Prudential Life Insurance Company Shareholding Pattern
In FY 2024, ICICI Prudential Life Insurance Company’s shareholding pattern shows promoters holding 73.24%, a slight decrease from 73.35% in FY 2023. FIIs hold 13.35%, down from 15.2%, while DIIs increased to 8.54% from 6.14%. Retail and others hold 4.85%, down from 5.3%.
| FY 2024 | FY 2023 | FY 2022 | |
| Promoters | 73.24 | 73.35 | 73.41 |
| FII | 13.35 | 15.2 | 16.35 |
| DII | 8.54 | 6.14 | 4.74 |
| Retail & others | 4.85 | 5.3 | 5.5 |
All values in %
ICICI Prudential Life Insurance Company History
Founded in 2001, ICICI Prudential Life Insurance Company Ltd. is a joint venture between ICICI Bank Limited and Prudential Corporation Holdings Limited. It was the first private sector life insurance company to reach Rs. 1 trillion in assets under management in 2015, marking a significant milestone.
In 2010, ICICI Prudential became the first insurance company in India to receive the ISO 9001:2000 certification for its quality management system. This certification highlighted the company’s commitment to maintaining high standards in customer service and operational efficiency.
In 2016, ICICI Prudential Life Insurance made history by becoming the first private sector life insurer to list on the Indian stock exchanges, BSE and NSE. The initial public offering (IPO) was a resounding success, reflecting strong investor confidence in the company.
Over the years, ICICI Prudential has introduced several innovative products tailored to meet the diverse needs of its customers. These include unit-linked insurance plans (ULIPs), retirement plans, and health insurance products, enhancing the company’s portfolio and market reach.
ICICI Prudential’s commitment to leveraging technology for superior customer experience is evident in its digital initiatives. The company has continuously upgraded its online platforms, enabling policyholders to access services and manage their policies conveniently and efficiently.
How To Invest In ICICI Prudential Life Insurance Company Ltd Share?
Investing in ICICI Prudential Life 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 Prudential Life Insurance Company Ltd shares and place your buy order.
ICICI Prudential Life Insurance Company Limited Fundamental Analysis – FAQs
ICICI Prudential Life Insurance Company has a market capitalization of ₹1,04,654.54 crore, a PE ratio of 264.21, a debt-to-equity ratio of 0.11, and an ROE of 8.07%, reflecting its financial health and market position.
The market capitalization of ICICI Prudential Life Insurance Company Ltd is ₹1,04,654.54 crore, indicating the total market value of its outstanding shares.
ICICI Prudential Life Insurance Company Limited is a leading Indian life insurance company providing a range of insurance products to individuals and groups, focusing on long-term savings and protection.
ICICI Prudential Life Insurance Company is a joint venture between ICICI Bank and Prudential Corporation Holdings Limited, with ICICI Bank holding the majority stake.
The main shareholders of ICICI Prudential Life Insurance Company in FY 2024 are promoters (73.24%), FII (13.35%), DII (8.54%), and retail & others (4.85%), showing slight changes from FY 2023.
ICICI Prudential Life Insurance Company operates in the life insurance industry, offering various insurance products such as term plans, savings plans, and pension plans.
To invest in ICICI Prudential Life Insurance Company Ltd shares, you can buy them through a stockbroker or an online trading platform, as they are listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).
Determining if ICICI Prudential Life Insurance Company 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. With a high PE ratio of 264.21, it suggests the stock may be overvalued relative to its earnings growth potential.
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