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ICICI Bank Limited (ICICIBANK.NS)

INR1,407.70 -1.80 (-0.13%)
IN NSE Financial Services Banks - Regional
Address ICICI Bank Towers 400051
Mumbai, IN
CEO Sandeep Bakhshi
IPO 2002-07-01
ISIN INE090A01021

Explore sections of this company profile

Also trades on Bombay Stock Exchange · ICICIBANK.BO (INR) National Stock Exchange of India · ICICIBANK.NS (INR) New York Stock Exchange · IBN (USD)
Description

ICICI Bank Limited, an Indian financial powerhouse, offers a comprehensive suite of banking products and financial solutions to clients both within India and internationally. Its operations are strategically segmented across Retail Banking, Wholesale Banking, Treasury functions, other general banking activities, and dedicated divisions for Life and General insurance. For individual customers, the bank provides diverse account options, including savings, payroll, retirement, and checking facilities, alongside a variety of deposit instruments such as time, fixed, recurring, and security deposits. Lending facilities are extensive, covering home, automobile (cars and two-wheelers), personal, gold-backed, and commercial business loans, in addition to financing secured by various assets. Business clients can access specialized credit offerings like working capital finance, term loans, collateral-free funding, loans tailored for businesses without extensive financial records, import and export financing, overdraft capabilities, and specific loan products for new ventures, businesses processing card payments, and educational institutions. The institution also issues a range of payment cards, including credit, debit, prepaid, travel, and corporate cards. Beyond conventional banking, ICICI Bank offers various insurance products, its "Pockets" digital wallet, and fixed-income investment opportunities. Its investment and wealth management portfolio features mutual funds, gold monetization schemes, initial public offerings (IPOs), and a host of other online investment services. The bank also extends its reach to the agricultural sector, providing agri and rural business support, farmer financing, tractor loans, micro-banking services, and tailored solutions for agricultural corporations. Further specialized services include portfolio management, trade finance, foreign exchange transactions, secure locker facilities, private banking, NRI (Non-Resident Indian) banking, cash management solutions, family wealth advisory, and dematerialized accounts. On the institutional front, the bank delivers commercial and investment banking services, capital market solutions, custodial services, project and technology financing, and broader institutional banking support. Digital banking channels, including internet, mobile, and phone banking, ensure convenient access to its services. Additionally, ICICI Bank engages in securities investment, broking, trading, and underwriting activities. Its extended financial services encompass merchant banking, trusteeship, housing finance, pension fund management, asset management, investment advisory, points of presence (PoP) services, and the management of private equity/venture capital funds. As of March 31, 2022, ICICI Bank boasted a significant physical footprint, operating 5,418 branches and 13,626 automated teller machines (ATMs). Founded in 1955, the bank maintains its corporate headquarters in Mumbai, India.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
INR1,407.70 -1.80 (-0.13%)
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Volume Profile
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Liquidity & share structure
Average Volume
18M
Beta
0.25
Float Shares
7.13B
Free Float %
99.4%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
+1.81% +7.57% +8.51% +6.85% -1.84% -0.16% -5.32% +42.10% +111.10% +505.08% +14,569.58%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Analyst Consensus (6 ratings, all time) Buy
Price Targets & DCF
Current price
1,407.70
DCF (Unlevered) 1,576.19 +12.0%
DCF (Levered) 841.19 -40.2%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 95% Bullish
Rating 2026-06 Change
Strong Buy 5 -1
Buy 33 0
Hold 2 0
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
0.53
Distress
Piotroski F-Score
4 / 9
Average
Composite Rating
B
Overall Score
3 / 5
Medium
DCF Score
3 / 5
Medium
ROE Score
4 / 5
High
ROA Score
4 / 5
High
D/E Score
2 / 5
Medium
P/E Score
2 / 5
Medium
P/Book Score
1 / 5
Low
Operational MOAT
  • Revenue growth
    +6.4% Q1'26: +7.3% (vs Q1'25)
  • EPS growth
    +5.1% Q1'26: +8.2% (vs Q1'25)
  • FCF margin
    Q1'26: -27.9% (vs Q1'25)
  • EBIT margin
    Q1'26: +24.6% (vs Q1'25)
  • ROIC
    Q1'26: +18.7% (vs Q1'25)
  • Share dilution
    +1.1% Q1'26: +1.0% (vs Q1'25)
  • Debt / EBITDA
    Q1'26: 2.65× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.25) × ERP
WACC = 82% × Ke + 18% × Kd (40.4%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 1,571.82 Current price: 1,407.70
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Mar 2005
actual
Mar 2006
actual
Mar 2007
actual
Mar 2008
actual
Mar 2009
actual
Mar 2010
actual
Mar 2011
actual
Mar 2012
actual
Mar 2013
actual
Mar 2014
actual
Mar 2015
actual
Mar 2016
actual
Mar 2017
actual
Mar 2018
actual
Mar 2019
actual
Mar 2020
actual
Mar 2021
actual
Mar 2022
actual
Mar 2023
actual
Mar 2024
actual
Mar 2025
actual
Mar 2026
33 Rev. Ana.
37 EPS Ana.
Mar 2027
36 Rev. Ana.
37 EPS Ana.
Mar 2028
36 Rev. Ana.
35 EPS Ana.
Mar 2029
13 Rev. Ana.
13 EPS Ana.
Mar 2030
12 Rev. Ana.
11 EPS Ana.
Revenue
164.57B
est: 28.93B (+468.9%)
246.10B
est: 41.73B (+489.8%)
413.29B
est: 66.25B (+523.8%)
600.53B
est: 79.44B (+656.0%)
641.53B
est: 84.79B (+656.6%)
584.82B
est: 83.65B (+599.2%)
615.65B
est: 90.43B (+580.8%)
666.62B
est: 107.09B (+522.5%)
741.70B
est: 145.77B (+408.8%)
794.29B
est: 168.23B (+372.1%)
902.13B
est: 309.84B (+191.2%)
1.01T
est: 361.28B (+180.6%)
1.13T
est: 412.87B (+174.7%)
1.19T
est: 401.15B (+196.6%)
1.31T
est: 413.32B (+217.7%)
1.50T
est: 494.14B (+202.8%)
1.61T
est: 577.60B (+179.1%)
1.58T
est: 662.80B (+137.7%)
1.86T
est: 813.66B (+128.7%)
2.35T
est: 1.69T (+39.5%)
2.94T
est: 1.09T (+168.3%)
1.19T
1.18T – 1.22T
+9.1% YoY
1.35T
1.29T – 1.42T
+13.2% YoY
1.55T
1.43T – 1.64T
+14.6% YoY
1.79T
1.79T – 1.79T
+15.3% YoY
2.10T
1.97T – 2.21T
+17.6% YoY
EBITDA
24.36B
est: 9.56B (+154.9%)
30.67B
est: 13.79B (+122.5%)
32.49B
est: 21.89B (+48.4%)
37.95B
est: 26.25B (+44.6%)
43.83B
est: 28.01B (+56.5%)
56.06B
est: 27.64B (+102.9%)
70.58B
est: 29.88B (+136.2%)
86.09B
est: 35.38B (+143.3%)
107.55B
est: 48.16B (+123.3%)
123.96B
est: 55.58B (+123.0%)
137.41B
est: 102.37B (+34.2%)
117.70B
est: 119.36B (-1.4%)
122.52B
est: 136.41B (-10.2%)
100.22B
est: 132.53B (-24.4%)
66.35B
est: 136.56B (-51.4%)
123.97B
est: 163.26B (-24.1%)
217.04B
est: 190.83B (+13.7%)
278.68B
est: 218.98B (+27.3%)
369.76B
est: 268.83B (+37.5%)
634.43B
est: 599.27B (+5.9%)
756.32B
est: 388.94B (+94.5%)
424.38B
418.87B – 434.76B
+9.1% YoY
480.53B
459.24B – 503.43B
+13.2% YoY
550.47B
507.90B – 581.65B
+14.6% YoY
634.95B
634.89B – 635.01B
+15.3% YoY
746.48B
700.25B – 785.63B
+17.6% YoY
EBIT
18.10B
est: 9.30B (+94.7%)
23.99B
est: 34.30B (-30.1%)
26.33B
est: 49.20B (-46.5%)
31.15B
est: 40.74B (-23.5%)
33.79B
est: 46.22B (-26.9%)
48.43B
est: 49.01B (-1.2%)
63.18B
est: 71.12B (-11.2%)
79.38B
est: 99.35B (-20.1%)
101.30B
est: 145.47B (-30.4%)
116.77B
est: 157.15B (-25.7%)
129.42B
est: 187.09B (-30.8%)
109.27B
est: 230.55B (-52.6%)
113.40B
est: 142.33B (-20.3%)
91.00B
est: 134.94B (-32.6%)
56.89B
est: 123.25B (-53.8%)
112.25B
est: 90.89B (+23.5%)
203.64B
est: 207.58B (-1.9%)
265.38B
est: 233.20B (+13.8%)
354.61B
est: 268.89B (+31.9%)
615.08B
est: 580.10B (+6.0%)
730.04B
est: 364.21B (+100.4%)
410.80B
405.47B – 420.85B
+12.8% YoY
465.16B
444.55B – 487.32B
+13.2% YoY
532.86B
491.65B – 563.04B
+14.6% YoY
614.63B
614.57B – 614.69B
+15.3% YoY
722.60B
677.85B – 760.50B
+17.6% YoY
Net Income
18.52B
est: 34.67B (-46.6%)
24.20B
est: 26.72B (-9.4%)
27.61B
est: 38.43B (-28.2%)
33.98B
est: 33.10B (+2.7%)
35.77B
est: 37.17B (-3.8%)
46.70B
est: 35.29B (+32.3%)
60.93B
est: 50.49B (+20.7%)
76.43B
est: 72.15B (+5.9%)
96.04B
est: 104.04B (-7.7%)
110.41B
est: 110.83B (-0.4%)
122.47B
est: 126.87B (-3.5%)
101.80B
est: 154.01B (-33.9%)
101.88B
est: 101.29B (+0.6%)
77.12B
est: 99.55B (-22.5%)
42.54B
est: 86.58B (-50.9%)
95.66B
est: 52.19B (+83.3%)
183.84B
est: 106.82B (+72.1%)
251.10B
est: 120.01B (+109.2%)
340.37B
est: 138.38B (+146.0%)
442.56B
est: 453.16B (-2.3%)
510.29B
est: 475.81B (+7.2%)
542.08B
493.07B – 564.19B
+13.9% YoY
565.79B
542.00B – 599.10B
+4.4% YoY
652.45B
589.03B – 710.45B
+15.3% YoY
748.38B
648.17B – 815.82B
+14.7% YoY
924.37B
849.95B – 987.39B
+23.5% YoY
SGA
25.74B
est: 4.28B (+501.9%)
39.36B
est: 6.17B (+538.2%)
62.31B
est: 9.79B (+536.2%)
229.89B
est: 11.74B (+1,857.7%)
240.52B
est: 12.53B (+1,819.0%)
76.34B
est: 12.36B (+517.4%)
90.29B
est: 13.37B (+575.4%)
108.88B
est: 15.83B (+587.8%)
98.16B
est: 21.55B (+355.5%)
130.86B
est: 24.87B (+426.2%)
120.74B
est: 45.80B (+163.6%)
130.76B
est: 53.40B (+144.9%)
150.56B
est: 61.03B (+146.7%)
167.31B
est: 59.30B (+182.2%)
195.38B
est: 61.10B (+219.8%)
224.58B
est: 73.04B (+207.5%)
228.79B
est: 85.38B (+168.0%)
251.21B
est: 97.98B (+156.4%)
310.52B
est: 120.28B (+158.2%)
361.81B
est: 235.98B (+53.3%)
407.12B
est: 153.16B (+165.8%)
167.11B
164.95B – 171.20B
+9.1% YoY
189.23B
180.84B – 198.24B
+13.2% YoY
216.77B
200.00B – 229.04B
+14.6% YoY
250.03B
250.01B – 250.06B
+15.3% YoY
293.95B
275.75B – 309.37B
+17.6% YoY
EPS
4.63
est: 4.83 (-4.2%)
5.63
est: 5.61 (+0.3%)
5.62
est: 6.75 (-16.7%)
5.85
est: 6.71 (-12.8%)
5.84
est: 6.37 (-8.3%)
7.62
est: 6.67 (+14.3%)
9.73
est: 8.27 (+17.7%)
12.06
est: 10.00 (+20.6%)
15.14
est: 13.12 (+15.4%)
17.39
est: 15.30 (+13.6%)
19.25
est: 17.52 (+9.9%)
15.94
est: 18.72 (-14.8%)
15.92
est: 15.62 (+2.0%)
12.02
est: 12.02 (0.0%)
6.61
est: 7.48 (-11.7%)
14.81
est: 15.68 (-5.6%)
27.26
est: 23.29 (+17.0%)
36.21
est: 32.75 (+10.6%)
48.86
est: 45.13 (+8.3%)
63.19
est: 64.61 (-2.2%)
72.41
est: 66.04 (+9.7%)
69.76
68.01 – 77.82
+5.6% YoY
78.76
74.76 – 82.63
+12.9% YoY
90.72
81.25 – 97.99
+15.2% YoY
104.02
89.40 – 112.53
+14.7% YoY
127.50
117.24 – 136.19
+22.6% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-06-12 B 3/5 3/5 4/5 4/5 2/5 2/5 1/5
2026-06-11 B 3/5 3/5 4/5 4/5 2/5 2/5 1/5
2026-06-10 B 3/5 3/5 4/5 4/5 2/5 2/5 1/5
2026-06-09 B 3/5 3/5 4/5 4/5 2/5 2/5 1/5
2026-06-08 B 3/5 3/5 4/5 4/5 2/5 2/5 1/5
2026-06-05 B 3/5 3/5 4/5 4/5 2/5 2/5 1/5
2026-06-04 B 3/5 3/5 4/5 4/5 2/5 2/5 1/5
2026-06-03 B 3/5 3/5 4/5 4/5 2/5 2/5 1/5
2026-06-02 B 3/5 3/5 4/5 4/5 2/5 2/5 1/5
2026-06-01 B 3/5 3/5 4/5 4/5 2/5 2/5 1/5
2026-05-29 B 3/5 3/5 4/5 4/5 2/5 2/5 1/5
2026-05-27 B 3/5 3/5 4/5 4/5 2/5 2/5 1/5
2026-05-26 B 3/5 3/5 4/5 4/5 2/5 2/5 1/5
2026-05-25 B 3/5 3/5 4/5 4/5 2/5 2/5 1/5
2026-05-22 B 3/5 3/5 4/5 4/5 2/5 2/5 1/5
2026-05-21 B 3/5 3/5 4/5 4/5 2/5 2/5 1/5
2026-05-20 B 3/5 3/5 4/5 4/5 2/5 2/5 1/5
2026-05-19 B 3/5 3/5 4/5 4/5 2/5 2/5 1/5
2026-05-18 B 3/5 3/5 4/5 4/5 2/5 2/5 1/5
2026-05-15 B 3/5 3/5 4/5 4/5 2/5 2/5 1/5
2026-05-14 B 3/5 3/5 4/5 4/5 2/5 2/5 1/5
2026-05-13 B 3/5 3/5 4/5 4/5 2/5 2/5 1/5
2026-05-12 B 3/5 3/5 4/5 4/5 2/5 2/5 1/5
2026-05-11 B 3/5 3/5 4/5 4/5 2/5 2/5 1/5
2026-05-08 B 3/5 3/5 4/5 5/5 2/5 2/5 1/5
2026-05-07 B 3/5 3/5 4/5 5/5 2/5 2/5 1/5
2026-05-06 B 3/5 3/5 4/5 5/5 2/5 2/5 1/5
2026-05-05 B 3/5 3/5 4/5 5/5 2/5 2/5 1/5
2026-05-04 B 3/5 3/5 4/5 5/5 2/5 2/5 1/5
2026-04-30 B 3/5 3/5 4/5 5/5 2/5 2/5 1/5
2026-04-29 B 3/5 3/5 4/5 5/5 2/5 2/5 1/5
2026-04-28 B 3/5 3/5 4/5 5/5 2/5 2/5 1/5
2026-04-27 B 3/5 3/5 4/5 5/5 2/5 2/5 1/5
2026-04-24 B 3/5 3/5 4/5 5/5 2/5 2/5 1/5
2026-04-23 B 3/5 3/5 4/5 5/5 2/5 2/5 1/5
2026-04-22 B 3/5 3/5 4/5 5/5 2/5 2/5 1/5
2026-04-21 B+ 3/5 4/5 4/5 5/5 2/5 2/5 2/5
2026-04-20 B+ 3/5 4/5 4/5 5/5 2/5 2/5 2/5
2026-04-17 B+ 3/5 5/5 4/5 5/5 2/5 2/5 1/5
2026-04-16 B+ 3/5 5/5 4/5 5/5 2/5 2/5 1/5
2026-04-15 A- 4/5 5/5 4/5 5/5 2/5 2/5 2/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
-1.01T
OE per share TTM
-140.88
Owner's Yield
-10.56%
Maintenance CapEx ratio
13.87%
Maint CapEx / Avg PPE
6.0%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
4.12M
Shares Outstanding
7.17B

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Sandeep Bakhshi MD, Chief Executive Officer & Executive Director 105M male
Rakesh Jha PGDM Executive Director 80M male
Sandeep Batra Executive Director 80M male
Ajay Kumar Gupta Executive Director 80M male
Anindya Banerjee Group Chief Financial Officer & Head of Investor Relations 11M male
Soumendra Mattagajasingh Group Chief Human Resources Officer male
Akshay Chaturvedi Country Head of USA male
Anish Madhavan Group Chief Compliance Officer male
Laxminarayan Achar Chief Accountant male
Rajendra Khandelwal Chief Internal Auditor male
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

Share your view on this stock and instantly see how the community has voted over the last 6 months.

These are community opinions and do not constitute buy or sell advice to act on. The results shown are based on aggregated opinions and are not an investment recommendation, nor do they intend to influence any investment decision.

Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits