Company File · BSE 540716 · Latest filing Q2 FY27
Standalone = this company only. Consolidated = including its subsidiaries.
ICICI Lombard General Insurance Company Limited
Data as of 19 Oct 2026 close · BSE · Latest results Q2 FY27
ISIN INE765G01017 · ICICIGI · Financial Services › Insurance
About the business
What does ICICI Lombard General Insurance do? It is one of India's largest private general insurers. What is general insurance? Cover for anything other than life, such as cars, health & property. It sells motor, health, fire, travel, crop & commercial insurance through agents, brokers, banks & online channels. It is part of the ICICI group & a subsidiary of ICICI Bank.
Price & valuation · BSE close, 19 Oct 2026
Below its usual level
- Sales growth
- +19.2%
- Profit growth
- +15.5%
- P/E
- 32.0×
- Usual P/E
- 33.0×
- Promoter
- 51.22%
- Pledged
- 0.00%
From the latest earnings call · Jul to Sep 2026 · transcript filed 19 Oct 2026
ICICI Lombard reported Apr–Sep 2026 gross direct premium income growth of 5.4%, lagging industry growth of 8.9%, but excluding crop & mass health segments grew 13.9% in Q2. The company maintained market leadership in motor with 10.3% market share & achieved 26.8% health growth, while combined ratio stood at 105.2% for H1.
Guidance on this call: motor combined ratio range & retail health loss ratio range. The numbers are in the full notes, with Premium.
Is it expensive, and is it a good business?
Key ratios
In short Priced below its own usual level (P/E 32.0× vs 33.0×).
What you pay Valuation
Buyers pay about ₹32 for every ₹1 the company earned per share over the last year. Below its 1-year median of 33.0×.
Latest BSE close ÷ last four quarters' basic EPS. Uses earnings per share from continuing operations, so a one-off gain from selling a business does not flatter it. As of 19th October 2026.
Share count is not reported in the filings we hold.
Latest BSE close ÷ book value per share (equity ÷ shares) on the latest balance-sheet date. As of 19th October 2026.
The market values the company at 2.9 times its yearly sales.
Market value ÷ last 12 months' revenue. As of 19th October 2026.
Needs four consecutive quarters.
Enterprise value ÷ last 12 months' EBITDA. As of 19th October 2026.
EPS fell 9.2% over the last four quarters vs the four before, from ₹56.47 to ₹51.25 a share, so PEG does not apply.
P/E ÷ 12-month EPS growth in % (the last four quarters vs the four before; when those are not all held, the latest financial year vs the year before). Growth above 100% counts as 100%; left blank when EPS fell or was below ₹1 a share a year earlier. Without one-off items when either year has large ones, as for the P/E. As of 19th October 2026.
The company paid ₹13.50 a share in the last 12 months (2 payouts), 0.82% of today's share price.
Dividends per share with an ex-date in the last 12 months (restated for any split or bonus since) ÷ the latest BSE close. As of 19th October 2026.
How well it uses money Returns & strength
Needs four consecutive quarters.
Last 12 months' profit before interest & tax ÷ average (equity + borrowings). As of 30th September 2026.
Needs four consecutive quarters.
Last 12 months' profit after tax (continuing operations where reported) ÷ average equity. As of 30th September 2026.
Needs reported tax expense that reconciles with profit; not yet available for these periods.
Last 12 months' operating profit after tax (profit before interest & tax × (1 − effective tax rate)) ÷ average invested capital (equity + borrowings − cash & bank balances). As of 30th September 2026.
Needs four consecutive quarters.
Last 12 months' revenue ÷ average total assets. As of 30th September 2026.
Needs four consecutive quarters.
Last 12 months' profit before interest & tax ÷ finance costs. As of 30th September 2026.
Borrowings not reported separately.
Borrowings ÷ shareholders' equity on the latest balance-sheet date. As of 30th September 2026.
Who owns it Ownership & more
The founders or parent group own 51.22% of the company.
Promoter & promoter group shareholding from the latest shareholding pattern filed with BSE. As of 30th June 2026.
Promoter holding fell by 0.07 percentage points last quarter.
Latest quarter's promoter holding minus the previous quarter's. As of 30th June 2026.
Promoter holding, quarter by quarter
- Jun 202651.22%
- Mar 202651.29%
- Dec 202551.31%
- Sep 202551.37%
Promoters reported no pledged shares.
Promoter group shares pledged ÷ all the promoter group's shares, from the shareholding pattern filed with BSE each quarter (other encumbrances, such as non-disposal undertakings, are not counted). As of 30th June 2026.
Pledged, quarter by quarter
- Jun 20260.00%
- Mar 20260.00%
- Dec 20250.00%
- Sep 20250.00%
After paying for new plant & equipment, operations left ₹2,379 crore of cash.
Cash from operations − spending on plant & equipment, latest full year. As of 31st March 2026.
Free cash flow, year by year
- FY26₹2,379 Cr
- FY25₹916 Cr
Each share has a face (nominal) value of ₹10. It matters for dividends quoted as a percentage, not for valuation.
Face value per share as BSE lists it today.
About 49.96 crore shares were in issue.
BSE's count of listed shares (BSE's market cap ÷ its price), so splits, bonuses & new shares since the latest results are included. As of 19th October 2026.
Your ratios
Ratios you added. Your choices are remembered on this device.
The stock market values the company at about ₹82,047 crore.
Latest BSE close × BSE's count of listed shares. As of 19th October 2026.
No accepted balance sheet for this basis yet.
Market value + borrowings − cash & bank balances. As of 19th October 2026.
The company reported ₹2,555 crore of profit over the last four quarters.
Sum of the last four quarters' reported profit after tax. As of 30th September 2026.
Each share earned about ₹51.25 over the last year.
Sum of the last four quarters' basic EPS. Uses earnings per share from continuing operations, so a one-off gain from selling a business does not flatter it. As of 30th September 2026.
Share count is not reported in the filings we hold.
Shareholders' equity ÷ shares. As of 30th September 2026.
Needs four consecutive quarters.
EBITDA ÷ revenue over the last four quarters. As of 30th September 2026.
About ₹12.1 of every ₹100 of sales became profit last quarter.
Profit after tax ÷ revenue for the latest quarter. As of 30th September 2026.
Sales were 19.2% higher than a year earlier.
Latest quarter's revenue vs the same quarter last year. As of 30th September 2026.
Profit was 15.5% higher than a year earlier.
Latest quarter's profit after tax vs the same quarter last year (continuing operations when a one-off discontinued item exists). As of 30th September 2026.
Short-term assets cover short-term bills 0.37 times.
Current assets ÷ current liabilities. As of 30th September 2026.
Needs four consecutive quarters.
Trade receivables ÷ last 12 months' revenue × 365. As of 30th September 2026.
Needs four consecutive quarters.
Inventories ÷ last 12 months' revenue × 365. As of 30th September 2026.
Needs four consecutive quarters.
Other income ÷ profit before tax, last 12 months. As of 30th September 2026.
Each ₹1 of profit brought in ₹0.95 of operating cash.
Latest full year's cash from operations ÷ profit after tax. As of 31st March 2026.
No accepted balance sheet for this basis yet.
Cash & bank balances − borrowings. As of 30th September 2026.
The company paid about 24.2% of its pre-tax profit as tax.
Tax expense ÷ profit before tax (continuing operations), last 12 months. As of 30th September 2026.
Needs four consecutive quarters.
Last 12 months' profit ÷ average total assets. As of 30th September 2026.
Needs four consecutive quarters.
Revenue − expenses + finance costs + depreciation, last four quarters. As of 30th September 2026.
Needs five financial years of cash flows.
Sum over five financial years of (cash from operations − capital expenditure).
The company spent ₹243 crore on plant & equipment.
Purchase of property, plant & equipment, latest full year. As of 31st March 2026.
No accepted balance sheet for this basis yet.
Current + non-current borrowings. As of 30th September 2026.
Foreign institutions own 21.45%.
Foreign institutional holding from the latest shareholding pattern. As of 30th June 2026.
Domestic institutions own 20.75%.
Domestic institutional holding (mutual funds, insurers, banks, pension funds). As of 30th June 2026.
The highest price in the last year was ₹2,064.15.
Highest intraday BSE price in the last 12 months (raw, not adjusted). As of 13th November 2025.
The lowest price in the last year was ₹1,423.95.
Lowest intraday BSE price in the last 12 months (raw, not adjusted). As of 15th September 2026.
The share price moved -18.3% over the last year.
Close today ÷ close a year ago − 1 (raw prices, dividends not included). As of 19th October 2026.
About 26% of the last year's earnings per share was paid out as dividends.
Dividends per share with an ex-date in the last 12 months ÷ the last four quarters' EPS. As of 30th September 2026.
Needs four financial years of results (three years of growth).
Compound annual growth in revenue over three financial years.
Needs four financial years of results (three years of growth).
Compound annual growth in profit after tax over three financial years.
Tap the i beside any ratio for a plain explanation.
How these are worked out
Price-based ratios use the latest BSE close (19th October 2026). Share count 49.96 crore, from paid-up capital in the 19th October 2026 filing. Figures are standalone.
What you pay: Higher numbers mean you pay more for each rupee the company earns or owns.
How well it uses money: Higher returns mean each rupee in the business earns more. Lower debt means less strain.
Who owns it: A steady promoter stake with nothing pledged is a calm sign.
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Last 4 quarters ₹ crore · Standalone
| ₹ crore | Q3 FY26 | Q4 FY26 | Q1 FY27 | Q2 FY27 |
|---|---|---|---|---|
| Revenue from operations | 6,610 | 6,619 | 6,814 | 7,844 |
| EBITDA | – | – | – | – |
| Operating margin | – | – | – | – |
| Profit after tax | 658.8 | 546.6 | 403.2 | 946.4 |
| Basic EPS (₹) | 13.25 | 10.97 | 8.08 | 18.95 |
Latest filings BSE
Corporate announcements 20
- 14 Oct 2026Communication Sent To Shareholders Regarding Tax Deduction At Source (TDS)
- 14 Oct 2026Corporate Action-Board approves Dividend
- 14 Oct 2026Corporate Action-Record Date Intimation
Quarterly results 3
- 14 Oct 2026Outcome Of The Board Meeting Held On Wednesday, October 14, 2026Financial Results
- 14 Oct 2026Board Meeting Outcome for Outcome Of The Board Meeting Held On Wednesday, October 14, 2026Outcome of Board Meeting
- 28 Sep 2026Board Meeting Intimation for Approving Audited Financial Results & Audited Financial Statements For The Quarter And Half-Year Ending On September 30, 2026 And Declaration Of Interim Dividend, If Any
Conference calls 7
- 19 Oct 2026Schedule Of Analyst/ Institutional Investor Meet - Intimation
- 19 Oct 2026Earnings Call TranscriptOpens the call notes & transcript
- 14 Oct 2026Analyst / Investor Meet - Outcome
Investor presentations 1
- 14 Oct 2026Investor Presentation
Members see every filing, and what each means for the company in Corporate Intelligence.
The full Company File
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