ICICI Bank
- 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 OctStrong 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.
- 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.
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- No warnings from the agency.
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| CARE | Withdrawn | Stable | 23 Oct 2026 |
| ICRA | [ICRA]AAA | Stable | 23 Oct 2026 |
| CRISIL | Withdrawn | Stable | 19 Nov 2025 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 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 2026 | Financial Results | To inter alia consider and approve the unaudited financial results (standalone and consolidated) for the quarter and six months ending September 30, 2026. |
| 21 Aug 2026 | Fund Raising | The 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 2026 | Fund Raising | This 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 2026 | Fund Raising | To 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 2026 | Financial Results | The 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 2025 | Financial Results | To consider and approve the unaudited financial results (standalone and consolidated) for the quarter and six months ending September 30, 2025. |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 40,865 | 42,607 | 44,582 | 46,326 | 47,037 | 48,387 | 49,080 | 48,181 | 48,364 | 49,594 | 52,241 | 55,992 |
| Interest | 19,409 | 20,424 | 21,122 | 22,225 | 22,633 | 23,047 | 23,090 | 22,017 | 21,874 | 22,047 | 23,064 | 25,656 |
| Expenses | 24,929 | 30,604 | 29,387 | 32,221 | 33,510 | 37,588 | 31,991 | 35,065 | 37,154 | 41,823 | 35,318 | 39,390 |
| 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 Income | 18,615 | 24,575 | 22,688 | 26,617 | 27,589 | 31,361 | 25,496 | 27,966 | 28,418 | 35,020 | 27,448 | 32,169 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 15,142 | 16,154 | 16,761 | 18,496 | 18,483 | 19,113 | 19,494 | 19,065 | 17,754 | 20,744 | 21,307 | 23,115 |
| Tax % | 26% | 26% | 26% | 25% | 25% | 25% | 26% | 25% | 24% | 25% | 24% | 25% |
| Net Profit | 11,515 | 12,200 | 12,463 | 13,906 | 13,847 | 14,354 | 14,456 | 14,318 | 13,481 | 15,681 | 16,276 | 17,389 |
| EPS in Rs | 15.76 | 16.62 | 16.62 | 18.38 | 18.25 | 18.96 | 19 | 18.7 | 17.53 | 20.61 | 21.52 | 22.75 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- 13%
- 5 Years
- 17%
- 3 Years
- 17%
- TTM
- 7%
- 10 Years
- 18%
- 5 Years
- 24%
- 3 Years
- 17%
- TTM
- 11%
- 10 Years
- 19%
- 5 Years
- 13%
- 3 Years
- 14%
- TTM
- —
- 10 Years
- 14%
- 5 Years
- 17%
- 3 Years
- 17%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| ICICI Bank | ₹ 1,377.60 | ₹ 10,01,336 Cr. | 16.8x | 2.8x | 16% | — |
| HDFC Bank | ₹ 692.10 | ₹ 10,66,990 Cr. | 16.5x | 2.2x | 13.7% | 25.6% |
| State Bank of India | ₹ 957.00 | ₹ 8,83,384 Cr. | 11.8x | 1.6x | 15.4% | 21.4% |
| Kotak Mahindra Bank | ₹ 430.10 | ₹ 4,27,849 Cr. | 20.2x | 2.1x | 11.4% | 24.5% |
| Union Bank of India | ₹ 178.50 | ₹ 1,36,260 Cr. | 6.6x | 1x | 15.8% | 33.2% |
| Bank of Baroda | ₹ 231.00 | ₹ 1,22,758 Cr. | 6.4x | 0.8x | 12.7% | 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.