ICICILIFE · ICICI Prudential Life Insurance Company Ltd · Insurance (Life)
Last close, 30 Oct
42.0% below 52-week high
52-week range: as of 30 Oct 2026.
Weighted summary of 8 measured readings. Not a rating of the stock and not a forecast.
Reading as of 30 Oct 2026 close
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Fundamentals as of 16 Oct 2026
Revenue (latest Q)
₹3,316 Cr
Revenue YoY
PAT YoY
+61.9%
Operating margin
Revenue, last 5 quarters
P/E (TTM)
P/B
4.8
P/S (TTM)
Not available from data source
Sector P/E
Not available from data source
Dividend yield
+0.4%
Source: Yahoo Finance, as of 29 Oct 2026
| Company | P/E | P/B | Net margin | ROE | D/E | Div. yield |
|---|---|---|---|---|---|---|
| ICICILIFE (this stock) | 34 | 4.8 | +2.5% | +11.8% | 0.19 | +0.4% |
| Life Insurance Corporation of India | 9.3 | 2.9 | Not available from data source | Not available from data source | Not available from data source | Not available from data source |
| Bajaj Finserv * | 28 | 4 | +6.5% | +13.0% | 5.52 | +0.1% |
| HDFC Life Insurance Company | 58.8 | 6.4 | Not available from data source | Not available from data source | Not available from data source | Not available from data source |
* Net margin, ROE, D/E and dividend yield for these companies come from RedixFi fundamentals; the data vendor had no values for them.
Promoter
falling 3q
FII
falling 3q
MF
10.39% (+0.94pp)
rising 3q
Insider trades
| Date | Insider | Type | Qty | Value |
|---|---|---|---|---|
| 19 Dec 2025 | Dr Bharati Kinger | SELL | 34,329 | ₹2.22 Cr |
Bulk/block deals
No bulk/block deals in the last 12 months.
News timeline
- lowthehindubusinessline.com· 14 Oct 2026, 07:16 amBuzzing stocks: Watch out for these 16 stocks including Adani Enterprises, Polycab, ICICI Life Insurance, Aegis Logistics, RailTel, Dr Lal Path, BEL
- unknownthehindubusinessline.com· 28 Sept 2026, 09:25 pmAugment Infrastructure sells 7.25% Clean Max stake for Rs 1,096 crore
- unknowneconomictimes.indiatimes.com· 28 Sept 2026, 09:17 pmClean Max Enviro bulk deal: Augment India divests stakes worth Rs 1,096 crore; Goldman Sachs, HSBC India among buyers
- mediumcorporate actionthehindubusinessline.com· 16 Sept 2026, 09:42 amHero Motors raises ₹300 cr ahead of IPO today: Key details
- unknowneconomictimes.indiatimes.com· 07 Sept 2026, 09:35 pmAhead of Market: 10 things that will decide stock market action on Tuesday
- unknowneconomictimes.indiatimes.com· 31 Aug 2026, 09:28 amLenskart shares to rally 40%? Nomura initiates coverage with Buy, says its growth journey has just started
- mediumcorporate actionthehindubusinessline.com· 05 Aug 2026, 08:52 amSAIF Partners, Elevation Capital sells 2.3% stake in Paytm for ₹2,038 crore
- lowthehindubusinessline.com· 21 Jul 2026, 10:18 pmCube Highways Trust raises ₹1,687.5 crore from anchor investors ahead of InvIT issue
- mediumcorporate actionthehindubusinessline.com· 14 Jul 2026, 11:05 pmMylan exits Biocon with ₹3,679-crore stake sale; Biocon shares jump over 6%
Concalls & investor presentations
AI-generatedKey takeaway: ICICI Life Insurance Limited reported strong performance in H1-FY2027, with VNB growing by 22.3% to ₹12.83 billion and margins at 26.0%. Total premium increased by 15.3% year-on-year to ₹245.05 billion, driven by a 25.0% growth in new business premium. The protection business saw a 30.1% increase in sum assured to ₹8.81 trillion, with the protection mix rising to 23.4% of APE. The savings business grew by 9.3% year-on-year, with annuities up 50% and linked business growing by 6.6%. Distribution channels showed varied performance, with the agency channel growing by 3.3% and the direct channel by 10.9%. The bancassurance channel grew by 4.6%, and the partnership distribution channel by 34.1%. Regulatory developments included a consultation paper on insurance distribution economics, aiming to enhance efficiency and transparency. Financial metrics showed improved cost-to-premium ratios and strong claim settlement rates. Management emphasized a focus on protection and annuity products, leveraging technology and distribution diversification for sustainable growth. The company also highlighted its strong solvency ratio and embedded value growth.
The document highlights strong financial performance, growth in key business segments, and positive strategic initiatives.
Sourced from an exchange-filed transcript, dated 21 Oct 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: The investor presentation for ICICI Life Insurance Limited (formerly ICICI Prudential Life Insurance Company Limited) for H1-FY2027 highlights strong financial performance and strategic initiatives. Key metrics include a 15.1% Y-o-Y growth in Annualised Premium Equivalent (APE) to ₹49.35 billion, a 9.7% Y-o-Y increase in Renewal Weighted Received Premium (RWRP) to ₹36.02 billion, and a 15.3% Y-o-Y rise in total premium to ₹245.05 billion. The company reported a 22.3% Y-o-Y growth in Value of New Business (VNB) to ₹12.83 billion and a 26.5% increase in profits after tax to ₹7.60 billion. The embedded value (EV) grew by 12.2% Y-o-Y to ₹566.69 billion. The presentation emphasizes a diversified product and distribution mix, with 45% linked products, 23% protection, and 7% annuities. Distribution channels include 22% agency, 27% bancassurance, and 15% partnership distribution. The company noted a 20.0% cost-to-total premium ratio, down from 19.2% in H1-FY2026, and a 99.3% claim settlement ratio. Strategic focus areas include customer-centricity, digital transformation, and ESG integration. The company also highlighted opportunities in protection, annuities, and retirement planning, supported by a strong balance sheet with zero NPAs and a solvency ratio of 229.9% as of September 30, 2026. The presentation included awards and accolades, including recognition as 'The Best Customer Oriented Company' and 'Best Insurance Company for Operational Excellence'.
The presentation emphasizes strong financial performance, strategic initiatives, and recognition, indicating a positive outlook.
Sourced from an exchange-filed presentation, dated 13 Oct 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: ICICI Prudential Life Insurance Company Limited hosted an earnings conference call on July 15, 2026, to discuss its performance for Q1-FY2027. Management reported a 24.9% year-on-year growth in Value of New Business (VNB) to ₹5.71 billion, with VNB margins expanding to 26.7%. The company noted a 31.8% increase in sum assured, driven by a 45.7% growth in protection APE. Retail protection grew by 60.4% year-on-year, while New Business Premium rose by 21.3% to ₹48.66 billion. Management highlighted the impact of regulatory changes aimed at enhancing transparency and customer outcomes. The company maintained a strong solvency ratio of 225.4% and a claim settlement ratio of 99.3%. Despite macroeconomic volatility, management expressed confidence in sustaining growth and enhancing customer value.
Management emphasized strong growth metrics and positive regulatory developments.
Sourced from an exchange-filed transcript, dated 22 Jul 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: ICICI Prudential Life Insurance Company Limited provided an investor presentation on July 15, 2026, detailing its performance for Q1-FY2027. The presentation highlighted a 14.6% year-on-year growth in Annualized Premium Equivalent (APE) to ₹21.36 billion, with a total premium increase of 14.5% to ₹102.51 billion. The Value of New Business (VNB) grew by 24.9% to ₹5.71 billion, and the company reported a claim settlement ratio of 99.3%. The presentation emphasized a comprehensive product suite, diversified distribution channels, and operational efficiency, alongside a strong solvency ratio of 225.4%. Management noted a focus on customer centricity and integrating ESG into business management. Additionally, the company announced a proposal to rename itself to 'ICICI Life Insurance Limited', pending regulatory approval, while maintaining its core operations and strategy.
Management emphasized strong growth metrics and strategic initiatives.
Sourced from an exchange-filed presentation, dated 15 Jul 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: ICICI Prudential Life Insurance Company Limited provided a performance update for June 2026, detailing various metrics related to premium growth and new business. The report indicated that the retail weighted received premium (RWRP) for June 2026 was 6.23 billion, reflecting a year-on-year (Y-o-Y) growth of 12.7%. The annualized premium equivalent (APE) for the same month was reported at 7.95 billion, with a Y-o-Y growth of 14.6%. The new business (NB) premium reached 19.67 billion, showing a Y-o-Y growth of 13.9%. Additionally, the new business sum assured was 1,453.33 billion, with a significant Y-o-Y growth of 44.3%. The document also mentioned that the performance update is available on the company's website.
The document highlighted growth in key performance metrics.
Sourced from an exchange-filed presentation, dated 08 Jul 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: ICICI Prudential Life Insurance Company Limited provided a performance update for May 2026, detailing various metrics related to premium growth and new business. The report indicated a year-on-year (Y-o-Y) growth in retail weighted received premium (RWRP) of 6.2% for May 2026, with a total of ₹4.94 billion. The annualized premium equivalent (APE) showed a Y-o-Y growth of 7.3%, reaching ₹7.22 billion in May 2026. The new business (NB) premium was reported at ₹16.03 billion, reflecting a Y-o-Y growth of 13.9%. Additionally, the new business sum assured reached ₹1,666.50 billion, with a significant Y-o-Y growth of 70.1%. The document also mentioned that the performance update is available on the company's website.
The document highlighted growth in key performance metrics.
Sourced from an exchange-filed presentation, dated 09 Jun 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: ICICI Prudential Life Insurance Company Limited provided a performance update for April 2026, detailing various metrics. The report indicated a year-on-year (Y-o-Y) growth in new business (NB) premium of 9.9% and a Y-o-Y growth in new business sum assured of 21.4%. However, the retail weighted received premium (RWRP) showed a slight decline of 1.2% Y-o-Y, while the annualized premium equivalent (APE) experienced a modest increase of 2.2% Y-o-Y. The retail APE reported a negligible decrease of 0.1% Y-o-Y. The document also mentioned that the performance update is available on the company's website and is in compliance with SEBI regulations.
The document presented both positive growth in certain metrics and declines in others.
Sourced from an exchange-filed presentation, dated 08 May 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: ICICI Prudential Life Insurance Company Limited hosted an earnings conference call on April 14, 2026, to discuss its performance for FY2026. Management reported a value of new business (VNB) of ₹26.29 billion, reflecting a year-on-year growth of 10.9%, with a VNB margin increase to 24.7%. Profit after tax (PAT) grew by 34.6% to ₹16 billion. The company maintained a strong claim settlement ratio of 99.3% and a solvency ratio of 227.3%. Retail protection products saw significant growth, particularly post-GST reforms, with a 50.9% increase in retail new business sum assured in H2-FY2026. The management emphasized the importance of technology in enhancing operational efficiency and reducing costs. The company also highlighted its commitment to ESG initiatives, achieving recognition for its sustainability efforts. The discussion concluded with a Q&A session addressing various aspects of growth and market conditions.
Management highlighted strong financial performance and growth in key segments.
Sourced from an exchange-filed transcript, dated 20 Apr 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: ICICI Prudential Life Insurance Company Limited provided an investor presentation on April 14, 2026, detailing its performance for FY2026. The presentation highlighted a 2.2% year-on-year growth in Annualized Premium Equivalent (APE) to ₹106.41 billion, with total premiums increasing by 8.5% to ₹531.25 billion. The Value of New Business (VNB) rose by 10.9% to ₹26.29 billion, and profits after tax grew by 34.6% to ₹16.00 billion. The company reported a persistency ratio of 99.3% and maintained a strong solvency ratio of 227.3%. The presentation emphasized a comprehensive product suite, diversified distribution channels, and operational efficiency, alongside a commitment to customer centricity and ESG integration. Management outlined a strategy focused on sustainable growth while balancing profitability and risk management.
Management emphasized strong growth metrics and operational efficiency.
Sourced from an exchange-filed presentation, dated 14 Apr 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: ICICI Prudential Life Insurance Company Limited provided a performance update for February 2026, highlighting various metrics related to premium growth. The report indicated a year-on-year (Y-o-Y) growth in retail weighted received premium (RWRP) of 15.2%, while the annualized premium equivalent (APE) showed a Y-o-Y growth of 15.0%. Retail APE also experienced a Y-o-Y growth of 13.3%. The new business (NB) premium reached 225.83 billion, reflecting a Y-o-Y growth of 24.9%. Additionally, the new business sum assured was reported at 11,944.01 billion, with a Y-o-Y growth of 16.9%. The document included a note that components may not add up to totals due to rounding off.
The presentation reported strong growth in key performance metrics.
Sourced from an exchange-filed presentation, dated 09 Mar 2026. Summary is RedixFi-generated and distinct from investment advice.
AI Summary of Annual Report
AI-generatedICICI Prudential Life Insurance Company Limited (ICICIPRULI) reported a 26.1% growth in retail sum assured to ₹43.61 trillion and a 23.6% increase in total sum assured to ₹126.91 trillion in FY2026. The company achieved a 15.7% year-on-year growth in new business premium (NBP), crossing ₹4 trillion for the first time. The company's net worth increased from ₹119.40 billion to ₹136.28 billion, driven by higher profit balances. The company has a strong credit rating of AAA(Stable) from ICRA and CRISIL. The company has no significant regulatory actions, defaults, or material contingent liabilities impacting its going concern status. The company has robust internal controls, IT governance, and compliance frameworks in place.
- Retail sum assured grew 26.1% to ₹43.61 trillion in FY2026.
- New business premium (NBP) increased 15.7% to cross ₹4 trillion for the first time.
- Net worth rose from ₹119.40 billion to ₹136.28 billion due to higher profit balances.
- Credit ratings of AAA(Stable) from ICRA and CRISIL.
- No significant regulatory actions, defaults, or material contingent liabilities impacting going concern status.
Key takeaway: ICICI Prudential Life Insurance demonstrated strong financial growth with increased sum assured, NBP, and net worth, supported by robust credit ratings and no material regulatory or compliance issues.
The following annual report excerpts provide qualitative strategic context. Do not treat any specific financial figures in these excerpts as authoritative — they may be incorrectly labeled due to PDF table extraction limitations. For precise financial data, refer to the structured fundamentals data above.
Governance disclosures
AI-generatedNeeds attention
No item of a kind that needs attention was stored for this company.
Internal Control Weakness
1 occurrenceRecent (last 12 months)
The company mentions that issues involving significant deficiencies or material weaknesses are reported to the Audit Committee considering both quantitative and qualitative aspects.
Contingent Liability
3 occurrencesRecent (last 12 months)
The contingent liability decreased from ₹11.20 billion at March 31, 2025 to ₹8.26 billion at March 31, 2025.
Earlier (1-3 years ago)
Contingent liability increased from 10.96 billion to 11.20 billion, primarily due to an increase in liabilities towards partly-paid up investments from 3.48 billion to 4.06 billion.
The contingent liability increased from ₹6.98 billion at March 31, 2023 to ₹10.96 billion at March 31, 2024, primarily due to an increase in demands/liabilities pertaining to taxation matters from ₹0.01 billion to ₹4.93 billion.
Related-Party Transaction
3 occurrencesRecent (last 12 months)
The company's board is authorized to enter into transactions with ICICI Securities Primary Dealership Limited, a related party, even if the aggregate value exceeds prescribed materiality thresholds.
Earlier (1-3 years ago)
The company is seeking approval for material related party transactions with ICICI Bank Limited.
ICICI Prudential Life Insurance Company Limited has received member consent to enter into transactions exceeding ₹10 billion or 10% of its FY2024 turnover, involving ICICI Bank Limited, its holding company, for purchase and sale of securities in primary/secondary markets.