ICICI Bank

NSE: ICICIBANKBSE: 532174
Compare with peers
₹ 1,377.60▼ 9.3 (−0.67%)28 Oct, 03:28 pm IST
Market cap
₹ 10,01,336 Cr.
P/E
16.8x
P/B
2.76x
52-week range
1,187.6 – 1,480
ROE
16%
Dividend yield
0.9%
Debt / equity
0.63
Sector
Banks
Industry
Private Sector Bank
Listed on
NSE, BSE

About

ICICI Bank Limited is a diversified financial services company offering a range of banking and financial services to corporate and retail customers through a variety of delivery channels. The Company offers life and general insurance, asset management, securities broking and private equity products and services through specialized subsidiaries. Its segments include Retail Banking, Wholesale Banking, Treasury, Other Banking, Life Insurance, General Insurance, and Others. Its commercial banking operations for retail customers consist of retail lending, deposit taking, distribution of insurance and investment products and other fee-based products and services. It provides a range of commercial banking products and services, including loan products, fee and commission-based products and services, deposit products and foreign exchange and derivatives products to large corporations, middle market companies and small and medium enterprises. It offers agricultural and rural banking products.

Quick check

The five things to look at first. Open one for more.

Compared with its industry

Private Sector Bank: 20 companies →

ICICI Bank against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.

  • Valuation (P/E)16.8 against a typical 12.2: pricier than most peers (1st = cheapest).15th of 20
  • Sales growth+16.2% against a typical +16.2% from a year earlier.10th of 20
  • Profit growth+21.4% against a typical +34.9% from a year earlier.14th of 19
  • Share price, 3 months−4.2% against a typical −5.9%.9th of 20
  • Size₹ 10,01,336.1 Cr. market value against a typical ₹ 32,210 Cr. (1st = largest).2nd of 17

Latest announcements

Exchange filings and their impact on the company.

  • 23 Oct 2026Analysts/Institutional Investor Meet/Con. Call UpdatesHigh impactVery positivePrice +0.6% on 26 Oct
    Strong Q2 with 20% profit growth and 24% underlying loan growth signals sustained double-digit earnings momentum.

    ICICI Bank reported a strong September quarter with net profit up 20.1% to Rs 14,843 crore, net interest income up 17.7% to Rs 25,339 crore and fee income up 20.1%. Loans grew 30% including $18 billion of FCNR deposits, or 24% excluding them, while net bad loans fell to 0.30% and capital remained strong at 16.01% CET-1. Management said the margin dip to 4.18% from FCNR funding should bottom in Q3 and recover after, supporting continued profitable growth.

    Filing
  • 17 Oct 2026Outcome of Board MeetingHigh impactVery positivePrice −1.2% on 19 Oct
    Strong Q2 with 20% profit growth on 30% loan growth and cleaner asset quality.

    ICICI Bank reported Q2 FY27 standalone net profit of Rs 14,843 crore, up 20.1% year-on-year, and consolidated profit of Rs 16,333 crore. Net interest income grew 17.7% to Rs 25,339 crore, fee income grew 20.1%, loans grew 30% to Rs 18.31 lakh crore and deposits grew 27.1% to Rs 20.49 lakh crore. Asset quality improved with net NPA at 0.30% and capital remains strong with CET-1 at 16.01%, supporting continued growth.

    Filing

Credit ratings

Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates

Highest safety

Rated AAA by ICRA
AAA
DefaultRiskyModerateSafeVery safe
  • No warnings from the agency.
AgencyCurrent ratingOutlookAs of
CAREWithdrawnStable23 Oct 2026
ICRA[ICRA]AAAStable23 Oct 2026
CRISILWithdrawnStable19 Nov 2025
Credit rating actions
RatingDetails
23 Oct 2026
Withdrawn
was CARE AAA—CARE—
23 Oct 2026
Reaffirmed
[ICRA]AAA—ICRA₹ 1,14,279.42 Cr.
19 Nov 2025
Withdrawn
was Crisil AAA—CRISIL₹ 30,040.4 Cr.
30 Oct 2025
Reaffirmed
[ICRA]AAA(SO) → [ICRA]AAA (Stable)—ICRA₹ 1,18,019.41 Cr.
24 Oct 2025
Withdrawn
was CARE AAA—CARE₹ 1,25,856.98 Cr.

Board meetings

Results dates and other board meetings. Full calendar

Details
17 Oct 2026Financial ResultsTo inter alia consider and approve the unaudited financial results (standalone and consolidated) for the quarter and six months ending September 30, 2026.
21 Aug 2026Fund RaisingThe meeting of the Board of Directors of ICICI Bank Limited is scheduled to be held on Friday, August 21, 2026 to inter alia consider the revision of fund raising limit by way ofissuance of bonds/notes/offshore certificate of deposits in overseas markets.
18 Jul 2026Fund RaisingThis has reference to our earlier letter dated June 25, 2026. We wish to inform you that the Board of the Bank at its meeting scheduled on July 18, 2026, will also inter-alia consider the revision of fund raising limit by way of issuance of bonds/notes/offshore certificate of deposits in overseas markets. We request you to kindly take the above information on record and consider this disclosure as compliance under Regulations 29 & 50 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
18 Apr 2026Fund RaisingTo consider Fund Raising by way of issuance of debt securities including by way of non-convertible debentures in domestic markets by way of private placement and issuance of bonds/notes/offshore certificate of deposits in overseas markets; and buyback of debt securities within the limits that the Board is authorised to approve under applicable law.
17 Jan 2026Financial ResultsThe meeting of the Board of Directors of ICICI Bank Limited is scheduled to be held on Saturday, January 17, 2026, to inter alia, consider and approve the unaudited financial results (standalone and consolidated) for the quarter and nine months ending December 31, 2025.
18 Oct 2025Financial ResultsTo consider and approve the unaudited financial results (standalone and consolidated) for the quarter and six months ending September 30, 2025.

Share price

1Y change 0%
0 of 2 filing days came with a big price move
Volume (shares)Price (₹)
Close price

Financials

Consolidated figures in ₹ crore.

Quarterly results
₹ Cr.Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026
Revenue40,86542,60744,58246,32647,03748,38749,08048,18148,36449,59452,24155,992
Interest19,40920,42421,12222,22522,63323,04723,09022,01721,87422,04723,06425,656
Expenses24,92930,60429,38732,22133,51037,58831,99135,06537,15441,82335,31839,390
Financing Profit−3,473−8,421−5,927−8,120−9,106−12,248−6,002−8,901−10,664−14,276−6,141−9,055
Financing Margin %−8%−20%−13%−18%−19%−25%−12%−18%−22%−29%−12%−16%
Other Income18,61524,57522,68826,61727,58931,36125,49627,96628,41835,02027,44832,169
Depreciation000000000000
Profit before tax15,14216,15416,76118,49618,48319,11319,49419,06517,75420,74421,30723,115
Tax %26%26%26%25%25%25%26%25%24%25%24%25%
Net Profit11,51512,20012,46313,90613,84714,35414,45614,31813,48115,68116,27617,389
EPS in Rs15.7616.6216.6218.3818.2518.961918.717.5320.6121.5222.75

Growth and returns

Compounded yearly rates over each period.

Compounded Sales Growth
10 Years
13%
5 Years
17%
3 Years
17%
TTM
7%
Compounded Profit Growth
10 Years
18%
5 Years
24%
3 Years
17%
TTM
11%
Stock Price CAGR
10 Years
19%
5 Years
13%
3 Years
14%
TTM
—
Return on Equity
10 Years
14%
5 Years
17%
3 Years
17%
TTM
—

Shareholding

Latest: Sep 2026.

FIIs
34.68%
−10.88 pts in a year
DIIs
41.77%
−3.29 pts in a year
Government
0.22%
−0.05 pts in a year
Public
23.32%
+14.21 pts in a year

P/E and EPS over time

Daily P/E and trailing 12-month EPS. EPS updates with each result.

P/E 16.8xEPS (12 months) ₹ 82.42Median P/E 19.1x
P/E (times)EPS (₹)

Peers

Listed companies in the same business.

Peer comparison
ICICI Bank₹ 1,377.60₹ 10,01,336 Cr.16.8x2.8x16%—
HDFC Bank₹ 692.10₹ 10,66,990 Cr.16.5x2.2x13.7%25.6%
State Bank of India₹ 957.00₹ 8,83,384 Cr.11.8x1.6x15.4%21.4%
Kotak Mahindra Bank₹ 430.10₹ 4,27,849 Cr.20.2x2.1x11.4%24.5%
Union Bank of India₹ 178.50₹ 1,36,260 Cr.6.6x1x15.8%33.2%
Bank of Baroda₹ 231.00₹ 1,22,758 Cr.6.4x0.8x12.7%26%

Management

Sandeep Bakhshi
Managing Director, Chief Executive Officer, Executive Director
Anindya Banerjee
Group Chief Financial Officer
Prachiti Deepak Lalingkar
Compliance Officer, Company Secretary
Sandeep Batra
Executive Director
Ajay Kumar Gupta
Executive Director
Rakesh Jha
Executive Director

Prices are delayed and for information only. Nothing on this page is investment advice.