ICICI Lombard General Insurance Company Ltd

Quick check

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

• DebtHighest safetyRated AAA by ICRA.
• ResultsGrowingIn the Sep 2026 quarter, sales rose 20% and profit rose 15% from a year earlier.
• DilutionNo new sharesNo new shares issued in the last year, so existing shareholders' slices were not cut.
• PromotersSteadyThe promoters (founders or parent) own 51% of the company, about the same as in Jun 2025.
• ValuationCheap vs its pastThe share trades at 31 times its yearly earnings (P/E), cheaper than 97% of the time in the last 5 years. Its usual P/E is about 43.

ICICI Lombard General Insurance Company Ltd 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)31 against a typical 33.1: cheaper than most peers (1st = cheapest).3rd of 6
• Sales growth+19.7% against a typical +10.8% from a year earlier.2nd of 6
• Profit growth+15.4% against a typical −7.9% from a year earlier.3rd of 6
• Share price, 3 months−3.9% against a typical −6.7%.3rd of 6

Exchange filings and their impact on the company.

• 19 Oct 2026Analysts/Institutional Investor Meet/Con. Call UpdatesMedium impactPositivePrice −1.8% that day
  Q2 rebound with 27.5% PAT growth and stable ex-CAT combined supports continued profitable growth momentum.

  ICICI Lombard hosted its Q2 and H1 FY2027 earnings call on October 14, 2026. Q2 PAT grew 27.5% to Rs 1031 crore while H1 PAT fell 5.8% to Rs 1454 crore after a Rs 165 crore Q1 provision for the Supreme Court Shishupal judgement and Rs 118 crore CAT losses; Q2 combined ratio was 104.5% (102.7% ex-CAT). The company grew Motor 13.0% and Health 26.8% with Retail Health up 66.4% to 5.0% September market share, and said the court impact is now business-as-usual with improving retention and momentum into the festive half.

  Full analysisFiling
• 14 Oct 2026Outcome of Board MeetingMedium impactPositivePrice −1.3% on 15 Oct
  Strong Q2 with 15.5% profit growth and Rs 7 interim dividend signals earnings recovery despite higher combined ratio.

  ICICI Lombard reported Q2 ended September 2026 results with gross premiums up about 9% to Rs 7,702 cr and net profit up 15.5% to Rs 946.4 cr from Rs 819.5 cr last year, helped by higher investment income. The combined ratio weakened to 107.0% from 104.0%, showing underwriting pressure. The board declared an interim dividend of Rs 7 per share with record date October 23, 2026, payable by November 12, 2026.

  Full analysisFiling

Results dates and other board meetings. Full calendar

Compounded yearly rates over each period.

Listed companies in the same business.

Sanjeev Mantri

Chief Executive Officer, Managing Director, Executive Director

Gopal Balachandran

Chief Financial Officer

Girish Sehgal

Chief - Customer Experience, Support and Operations

Jerry Jose

Chief - Human Resource

Girish Nayak

Chief - Technology and Health Underwriting & Claims

Vinod Mahajan

Chief Investment Officer

Amit Kushwaha

Chief Compliance Officer, Head - Legal

Steve Dsouza

Chief Risk Officer