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ICICI Prudential Life Insurance Company Ltd share price logo

ICICI Prudential Life Insurance Company Ltd

(ICICIPRULI)

₹755.10.59%

as on 04:01PM, 19 Sep 2024

Overview
News
Financials
Q1 2024 Results
Technicals
F&O

Analyst Rating

based on 34 analysts

BUY

58.82%

Buy

32.35%

Hold

8.82%

Sell

Based on 34 analysts offering long term price targets for ICICI Prudential Life Insurance Company Ltd. An average target of ₹712.97

Source: S&P Global Market Intelligence

ICICI Prudential Life Insurance Company Ltd Share analysis

ICICI Prudential Life Insurance Company Ltd price forecast by 34 analysts

Downside of-5.02%

High

₹890

Target

₹712.97

Low

₹575

ICICI Prudential Life Insurance Company Ltd target price ₹712.97, a slight downside of -5.02% compared to current price of ₹755.1. According to 34 analysts rating.

Source: S&P Global Market Intelligence

Performance

  • Day's Low

    Day's High

    ₹748.05
    ₹765.45
  • 52 Week's Low

    52 Week's High

    ₹463.45
    ₹772.9
1 Month Return+ 4.25 %
3 Month Return+ 24.72 %
1 Year Return+ 27.62 %
Previous Close₹750.65
Open₹749.00
Volume15.08L
Upper Circuit-
Lower Circuit-
Market Cap₹1,08,416.67Cr

Key Statistics

P/E Ratio124.28
PEG Ratio3107
Market Cap₹1,08,416.67 Cr
P/B Ratio8
EPS5.9
Dividend Yield0.1
SectorInsurance
ROE8.36

Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
BUY₹1,08,416.67 Cr14.88%0.98₹850 Cr₹89,683 Cr
BUY₹1,84,574.54 Cr25.95%0.98NANA
BUY₹1,05,859.63 Cr16.49%0.53NANA
BUY₹1,50,397.22 Cr6.25%0.98₹1,574 Cr₹1,01,481 Cr
BUY₹6,44,264.27 Cr3.28%0.99₹40,915 Cr₹8,45,966 Cr

Company Information

ICICI Prudential Life Insurance Company Ltd is a joint venture between ICICI Bank, India's leading private sector bank, and Prudential plc, a leading international financial services group headquartered in the United Kingdom.

ICICI Prudential Life Insurance offers a wide range of life insurance products and services, including savings, protection, wealth creation, retirement, and health insurance. The company's top products include Term Plans, Savings Plans, Retirement Plans, ULIPs, and Group Insurance.

The company's popular brands include iProtect Smart, iCare Health Insurance, Wealth Builder, and Life Time Super. ICICI Prudential Life Insurance also offers a range of digital solutions such as Prudential MyLife App, Prudential MyMoney App, and Prudential MyHealth App.

Share Price: ₹755.10 per share as on 19 Sep, 2024 04:01 PM
Market Capitalisation: ₹1,08,416.67Cr as of today
Revenue: ₹25,632.88Cr as on June 2024 (Q2 24)
Net Profit: ₹224.34Cr as on June 2024 (Q2 24)
Listing date: 29 Sep, 2016
Chairperson Name: M S Ramachandran
OrganisationICICI Prudential Life Insurance Company Ltd
HeadquartersMumbai
IndustryInsurance
E-voting on sharesClick here to vote

Key events for ICICI Prudential Life Insurance Company Ltd

  • Anand Shah Highlights Promising Sectors for Investment - 19 Sep, 2024

    Anand Shah of ICICI Prudential AMC is optimistic about banking, power, and auto ancillaries. He sees potential in large-cap banking stocks and the power sector due to rising electricity consumption. Auto ancillaries are also strong, with growth potential through diversification. Shah favors a bottom-up investment strategy.

  • ICICI Prudential Acquires Stake in India Shelter Finance - 16 Sep, 2024

    ICICI Prudential Life Insurance Company purchased 7.70 lakh shares, representing a 0.72% stake in India Shelter Finance Corporation, totaling Rs 57.93 crore.

  • ICICI Prudential Life Outlines Growth Strategy and Targets - 13 Sep, 2024

    ICICI Prudential Life Insurance Company is focused on sustainable VNB growth, acquiring shares in Honasa Consumer, and reporting strong quarterly profits. Analysts set target prices of Rs 750 and Rs 890, reflecting confidence in the company's growth strategy.

  • ICICI Prudential Acquires Stake in Arvind Fashions - 11 Sep, 2024

    ICICI Prudential Life Insurance Company purchased a 3.26% stake in Arvind Fashions for Rs 381 crore, enhancing its investment portfolio.

  • ICICI Prudential Stock Shows Bullish Momentum - 04 Sep, 2024

    ICICI Prudential Life Insurance is bullish on long-term government bonds and shows strong stock momentum with an Ascending Triangle pattern, indicating potential price increases.

  • ICICI Prudential Faces Allegations Amid Fund Strategy Shift - 02 Sep, 2024

    ICICI Prudential Asset Management Company is shifting its investment strategy by reducing sovereign bond holdings. Meanwhile, allegations arise against SEBI Chairperson regarding conflict of interest linked to ICICI Prudential payments.

  • Bank Engages ICICI Prudential for Certificates Issuance - 30 Aug, 2024

    A bank is reportedly in discussions with several local asset managers, including ICICI Prudential AMC, to issue pass through certificates, indicating potential investment opportunities.

  • ICICI Prudential Faces Tax Demand Amid Record High - 28 Aug, 2024

    ICICI Prudential Life Insurance Company disclosed a GST demand of ₹429.05 crore from Maharashtra tax authorities. Despite this, the stock reached a record high, with analysts recommending buying on dips.

  • ICICI Prudential Faces ₹429 Crore GST Demand Notice - 27 Aug, 2024

    ICICI Prudential Life Insurance Company has been issued a ₹429.05 crore GST demand notice by Maharashtra's tax authority, citing various alleged violations. The company intends to appeal the notice.

Insights on ICICI Prudential Life Insurance Company Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 2 quarters, 23.02K Cr → 25.63K Cr (in ₹), with an average increase of 10.2% per quarter

  • imgPOSITIVE IMPACT

    MF Holding Up

    img

    Mutual Funds have increased holdings from 6.43% to 6.88% in Jun 2024 quarter

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 3 years, ICICIPRULI stock has moved up by 10.6%

  • imgPOSITIVE IMPACT

    Profit Spike

    img

    Netprofit is up for the last 2 quarters, 173.67 Cr → 224.34 Cr (in ₹), with an average increase of 22.6% per quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Life Insurance Corporation of India has given 55.4% return, outperforming this stock by 27.7%

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, SBI Life Insurance Company Ltd has given 56.5% return, outperforming this stock by 45.8%

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 4.86% to 4.76% in Jun 2024 quarter

  • imgNEGATIVE IMPACT

    FII Holding Down

    img

    Foreign Institutions have decreased holdings from 13.36% to 13.23% in Jun 2024 quarter

  • imgNEGATIVE IMPACT

    Promoter Holding Down

    img

    Promoters have decreased holdings from 73.24% to 73.18% in Jun 2024 quarter

ICICI Prudential Life Insurance Company Ltd Infographics

ICICI Prudential Life Insurance July-September'23 Results: Financial Performance

Lets find out the ICICI Prudential Life Insurance earnings for Q2 FY24

  • Lets find out the ICICI Prudential Life Insurance earnings for Q2 FY24
  • Net premium income grew by 4.6 % YoY
  • Total income redudced by 23% due to heavy loss from income from investments
  • Net profits grew by 22% despite the reduction of total income
  • AUM saw a noticeable growth of 11%
  • Zero Non-Performing Assets since the time of establishment. Claims and benefit payouts increased by 28.6% to ₹ 174.10 billion in H1-FY2024

Company Financials

Value in ₹ crore
DetailsQ'2 23Q'3 23Q'4 23Q'1 24Q'2 24
Revenue₹23,879.55Cr (-)₹17,958.08Cr (↓24.80%)₹26,849.70Cr (↑49.51%)₹23,025.12Cr (↓14.24%)₹25,632.88Cr (↑11.33%)
Net Income₹206.19Cr (-)₹243.88Cr (↑18.28%)₹226.92Cr (↓6.95%)₹173.67Cr (↓23.47%)₹224.34Cr (↑29.18%)
Net Profit Margin0.86% (-)1.36% (↑58.14%)0.85% (↓37.50%)0.75% (↓11.76%)0.88% (↑17.33%)
Value in ₹ crore
Details2021202220232024
Total Assets₹2,17,228.10Cr (-)₹2,44,440.19Cr (↑12.53%)₹2,55,847.20Cr (↑4.67%)₹2,98,999.77Cr (↑16.87%)
Total Liabilities₹2,08,108.69Cr (-)₹2,35,277.13Cr (↑13.05%)₹2,45,755.43Cr (↑4.45%)₹2,87,991.19Cr (↑17.19%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow₹8,599.90Cr (-)₹7,319.74Cr (↓14.89%)₹1,830.71Cr (↓74.99%)₹87.65Cr (↓95.21%)-₹7,305.17Cr (↓8,434.48%)

Index Inclusions

Nifty Financial

₹24,403.65

0.32 (76.75%)

S&P BSE Fin. Ser

₹11,877.81

0.14 (16.28%)

Nifty Next 50

₹74,419.55

-0.69 (-516.6%)

BSE 200

₹11,726.75

-0.04 (-4.26%)

Nifty 500

₹23,853.95

-0.19 (-44.7%)

S&P BSE 100 LargeCap TMC

₹9,506.21

0.05 (4.73%)

S&P BSE Largecap

₹9,916.41

0.08 (7.88%)

Nifty 200

₹14,367.00

-0.09 (-13.45%)

S&P BSE 250 LargeMidCap

₹11,128.91

-0.04 (-4.49%)

NIFTY 100

₹26,425.25

0.02 (5.1%)

Nifty LargeMidcap 250

₹16,631.60

-0.25 (-41.65%)

Nifty100 Eq Weig

₹34,553.20

-0.27 (-94.8%)

BSE 500

₹37,616.67

-0.14 (-51.62%)

S&P BSE AllCap

₹11,001.59

-0.22 (-24.68%)

Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
73.18%
-0.09
Foreign Institutions
13.23%
-0.92
Mutual Funds
6.88%
7.01
Retail Investors
4.76%
-2.06
Others
1.94%
-7.72

Key Indicators

Details20202021202220232024
Return On Equity %14.88128.348.648.36
Details20202021202220232024
Return On Assets %0.680.440.310.320.28
Details20202021202220232024
Book Value Per Share (₹)50.0563.2763.569.976.12
Details20202021202220232024
Earning Per Share (₹)7.436.665.285.655.9

ICICI Prudential Life Insurance Company Ltd Valuation

ICICI Prudential Life Insurance Company Ltd in the last 5 years

  • Overview

  • Trends

Lowest (29.85x)

March 23, 2020

Industry (24.88x)

September 18, 2024

Today (124.28x)

September 18, 2024

Highest (212.17x)

September 8, 2021

LowHigh

Earnings and Dividends

  • ICICI Prudential Life Insurance Company Ltd Earnings Results

    ICICI Prudential Life Insurance Company Ltd’s net profit jumped 8.8% since last year same period to ₹224.34Cr in the Q1 2024-2025. On a quarterly growth basis, ICICI Prudential Life Insurance Company Ltd has generated 29.18% jump in its net profits since last 3-months.

    Read More about Earnings Results
  • ICICI Prudential Life Insurance Company Ltd Dividends April,2024

    In the quarter ending March 2024, ICICI Prudential Life Insurance Company Ltd has declared dividend of ₹0.60 - translating a dividend yield of 0.08%.

    Read More about Dividends

Technicals Summary

Bearish

Neutral

Bullish

Bullish

ICICI Prudential Life Insurance Company Ltd is currently in a Bullish trading position according to technical analysis indicators.

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ICICI Prudential Life Insurance Company Ltd (ICICIPRULI) share price today is ₹755.1

ICICI Prudential Life Insurance Company Ltd is listed on NSE

ICICI Prudential Life Insurance Company Ltd is listed on BSE

  • Today’s highest price of ICICI Prudential Life Insurance Company Ltd is ₹765.45.
  • Today’s lowest price of ICICI Prudential Life Insurance Company Ltd is ₹748.05.

PE Ratio of ICICI Prudential Life Insurance Company Ltd is 124.28

PE ratio = ICICI Prudential Life Insurance Company Ltd Market price per share / ICICI Prudential Life Insurance Company Ltd Earnings per share

Today’s traded volume of ICICI Prudential Life Insurance Company Ltd(ICICIPRULI) is 15.08L.

Today’s market capitalisation of ICICI Prudential Life Insurance Company Ltd(ICICIPRULI) is ₹108416.67Cr.

ICICI Prudential Life Insurance Company Ltd(ICICIPRULIPrice
52 Week High
₹772.9
52 Week Low
₹463.45

ICICI Prudential Life Insurance Company Ltd(ICICIPRULI) share price is ₹755.1. It is down -2.30% from its 52 Week High price of ₹772.9

ICICI Prudential Life Insurance Company Ltd(ICICIPRULI) share price is ₹755.1. It is up 62.93% from its 52 Week Low price of ₹463.45

ICICI Prudential Life Insurance Company Ltd(ICICIPRULIReturns
1 Day Returns
4.45%
1 Month Returns
4.25%
3 Month Returns
24.72%
1 Year Returns
27.62%