ICICI Prudential Life 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 0.8% and profit rose 25% 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 73% of the company, about the same as in Jun 2025.
• ValuationCheap vs its pastThe share trades at 37.2 times its yearly earnings (P/E), cheaper than 100% of the time in the last 5 years. Its usual P/E is about 65.

ICICI Prudential Life 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)37.2 against a typical 58.8: cheaper than most peers (1st = cheapest).2nd of 6
• Sales growth+0.8% against a typical +12.8% from a year earlier.6th of 6
• Profit growth+25.1% against a typical +23% from a year earlier.2nd of 6
• Share price, 3 months−19.5% against a typical −14%.6th of 6

Exchange filings and their impact on the company.

• 21 Oct 2026Analysts/Institutional Investor Meet/Con. Call UpdatesMedium impactPositivePrice −0.1% on 22 Oct
  Strong H1 with 22.3% VNB growth and 26% margin as new CEO takes charge, tempered by commission reform overhang.

  ICICI Life reported a strong first half for FY2027 with value of new business up 22.3% to Rs 12.83 billion at a 26.0% margin, total premium up 15.3% to Rs 245.05 billion and profit after tax up 26.5% to Rs 7.60 billion, led by 39.5% growth in protection and 50% growth in annuity. Solvency stayed strong at 229.9%, assets under management were Rs 3.29 trillion and embedded value grew 12.2% to Rs 566.69 billion. Outgoing CEO Anup Bagchi handed over to Sidharatha Mishra as MD and CEO from October 14, 2026, with strategy unchanged and focus on protection, annuity and cost efficiency amid IRDAI consultation on distribution economics.

  Full analysisFiling
• 13 Oct 2026Granting/withdrawal/surrender/cancellation/suspension of key licenses/ regulatory approvalsLow impactNeutralPrice −0.5% on 14 Oct
  IRDAI approved Sidharatha Mishra as MD & CEO for five years from Oct 14, 2026, ensuring leadership continuity.

  ICICI Life Insurance said IRDAI on October 13, 2026 approved the appointment of Sidharatha Mishra as Additional Director and Managing Director & CEO for five years from October 14, 2026 to October 13, 2031. The appointment remains subject to shareholder approval. The approval ensures leadership continuity with no change in business or financial guidance disclosed.

  Full analysisFiling
• 8 Oct 2026General UpdatesLow impactNeutralPrice −0.1% that day
  September 2026 business update filed with no extractable numbers; no change to outlook.

  ICICI Prudential Life Insurance filed its monthly performance update for September 2026 on October 8, 2026. The extracted text shows headings for retail weighted received premium and annualised premium equivalent but contains no readable figures. With no new quantifiable information, there is no change to the 12-month business outlook.

  Full analysisFiling

Results dates and other board meetings. Full calendar

Compounded yearly rates over each period.

Listed companies in the same business.

Sidharatha Sankar Mishra

Chief Executive Officer, Managing Director, Additional Director

Dhiren Salian

Chief Financial Officer

Ganessan Soundiram

Chief Technology Officer

Manish Kumar

Chief Investments Officer

Manish Bhandari

Chief Compliance Officer

Anand Desai

Chief Risk Officer

Amish Banker

Chief Distribution Officer

Judhajit Das

Chief - Service Delivery