ICICI Bank Limited Share Price & Analysis
Price Chart
Fundamentals
Strengths
- Strong return on equity (ROE 15.9%)
- Attractively valued vs sector (P/E 18.2x vs industry 37.5x)
Concerns
Today's Price Action
ICICI Bank Limited (ICICIBANK) trades at ₹1,423.2, unchanged from the previous session. The daily turnover of 66,93,310 shares matches the 20‑day average volume, indicating typical liquidity and no immediate surge in market participation.
Valuation Snapshot
The stock’s trailing P/E stands at 18.2, while the broader Financial Services sector does not have a published P/E, limiting direct peer comparison. A P/B of 0.9 coupled with an ROE of 15.9% reflects a solid return on equity relative to its book value.
Key Levels to Watch
The current price sits near the upper end of the 52‑week range, with the high at ₹1,480 and the low at ₹1,188, suggesting proximity to a potential resistance zone. Open‑interest‑derived levels around ₹1,450 and ₹1,400 have historically acted as points of price consolidation for the stock.
Chart Pattern
In the daily timeframe, the last ten sessions recorded a Bearish Harami four days ago, a Bullish Engulfing five days ago, and a Shooting Star ten days ago. These candlesticks illustrate short‑term indecision and modest reversals within the recent trading range.
Data Summary
Key metrics include a stable price of ₹1,423.2, a P/E of 18.2, and an ROE of 15.9%, all set against a 52‑week spread of ₹1,188–₹1,480. Volume remains at the 20‑day average of 66,93,310 shares, and the stock’s book‑to‑market ratio sits just under 1, underscoring its current valuation profile.
Peer Comparison
| Company | CMP | Mkt Cap | P/E | P/B | ROE % | ROCE % | D/E |
|---|---|---|---|---|---|---|---|
| HDFCBANK HDFC Bank Limited | ₹712 | ₹11.0L Cr | 13.9 | 1.83 | 13.6 | 7.02 | — |
| SBIN State Bank of India | ₹1,016 | ₹9.4L Cr | 11.2 | 1.51 | 15.4 | 6.13 | — |
| BAJFINANCE Bajaj Finance Limited | ₹1,061 | ₹6.6L Cr | 32.2 | 5.8 | 18.2 | 10.9 | — |
| LICI Life Insurance Corporation Of India | ₹415 | ₹5.3L Cr | 8.75 | — | 37.8 | 35.1 | 0 |
| KOTAKBANK Kotak Mahindra Bank Limited | ₹425 | ₹4.2L Cr | 21.1 | 2.33 | 11.4 | 6.98 | — |
| AXISBANK Axis Bank Limited | ₹1,273 | ₹4.0L Cr | 14.3 | 1.79 | 13.1 | 6.24 | — |
| BAJAJFINSV Bajaj Finserv Limited | ₹1,970 | ₹3.2L Cr | 30.7 | 4.05 | 13.2 | 10.6 | 5.13 |
Showing 7 peers in the same sector · Sorted by market cap
Corporate Events
The meeting of the Board of Directors of ICICI Bank Limited is scheduled to be held on Friday, August 21, 2026 to inter alia consider the revision of fund raising limit by way ofissuance of bonds/notes/offshore certificate of deposits in overseas markets.
Dividend - Rs 12 Per Share
This has reference to our earlier letter dated June 25, 2026. We wish to inform you that the Board of the Bank at its meeting scheduled on July 18, 2026, will also inter-alia consider the revision of fund raising limit by way of issuance of bonds/notes/of
To inter-alia consider and approve the unaudited financial results (standalone and consolidated) for the quarter ending June 30, 2026
Dividend - Rs 11 Per Share
Dividend - Rs 10 Per Share
Dividend - Rs 8 Per Share
Latest News
All newsICICI Bank board meets; outcome announced.
*ICICI Bank board meets; outcome announced.* The bank disclosed the outcome of its August 21, 2026, board meeting via a regulatory filing. No major strategic decisions or financial announcements were revealed. The update is routine in nature with no immediate market-moving implications. 📊 *STOCKS:* $ICICIBANK | 🏢 *SECTOR:* Banking | #LOWIMPACT #BoardMeeting
ICICI Bank approves up to $5 billion overseas bond issuance
*ICICI Bank approves up to $5 billion in overseas bond issuance.* This move strengthens its capital position for international expansion and debt refinancing. The **$5 billion** is one of the largest foreign currency bond approvals by an Indian bank. Such fundraising enhances liquidity and investor confidence. 📊 *STOCKS:* $ICICIBANK | 🏢 *SECTOR:* CapitalMarkets | #HIGHIMPACT #Bonds
ICICI Bank raises $1 billion in dollar bond issue
*ICICI Bank raises $1 billion in largest dollar bond issue this year.* The move underscores strong global investor confidence in India's banking sector. The funds will strengthen its capital base and support future growth plans. The issue is the largest foreign currency fundraising by an Indian firm in 2023 so far. 📊 *STOCKS:* ICICIBANK | 🏢 *SECTOR:* CapitalMarkets | #HIGHIMPACT #ICICIBank
HDFC Bank, ICICI Bank, SBI Q1 FY27 earnings outlook released
*HDFC Bank, ICICI Bank, SBI Q1 FY27 earnings outlook released* by Sahi indicates strong NII growth with **15-18% YoY** expected. Credit costs remain contained at **~0.4-0.6%** of loans. AUM quality improving; watch NIMs and CASA ratios. 📊 *STOCKS:* HDFCBANK, ICICIBANK, SBIN | 🏢 *SECTOR:* Banking | #HIGHIMPACT #Earnings
ICICI Bank Q4 profit up on strong loan growth
*ICICI Bank Q4 profit up on strong loan growth* reported a rise in March quarter profit driven by healthy loan growth and improved net interest income. The bank’s quarterly net profit stood at **₹7,802 crore**, up **14% YoY**, with gross NPA ratio at **3.2%**. Loan book expanded by **16% YoY**, led by retail and SME segments. 📊 *STOCKS:* ICICIBANK | 🏢 *SECTOR:* Banking | #HIGHIMPACT #Earnings
ICICI Bank allots 38,512 shares under employee stock plans
ICICI Bank has allotted **38,512** shares under its employee stock ownership and purchase schemes. The allotment is part of the bank’s ongoing ESOP/ESOS/ESPS program aimed at employee retention. No financial impact is expected due to the small quantum of shares. The move is routine and in line with regulatory filings. 📊 *STOCKS:* ICICIBANK | 🏢 *SECTOR:* Banking | #LOWIMPACT #ESOP
FCNR inflows hit record; Motilal picks 4 bank stocks
*FCNR inflows hit record; Motilal picks 4 bank stocks* as foreign currency deposits surge, boosting banks' lending capacity. Motilal Oswal recommends SBIN, ICICIBANK, KOTAKBANK, and BANKBARODA due to strong FCNR inflows and improving NIMs. Record **$18.5 billion** in FCNR deposits offer stability and low-cost funding. Banks may see improved margins and credit growth in coming quarters. 📊 *STOCKS:* SBIN ICICIBANK KOTAKBANK BANKBARODA | 🏢 *SECTOR:* Banking | #MEDIUMIMPACT #Banking
ICICI Bank files routine regulatory disclosure with SEBI
*ICICI Bank files routine update under SEBI listing regulations.* This is a standard disclosure as per Regulation 30 of SEBI (LODR) 2015. No financial or operational impact is indicated. Such filings are part of regular compliance requirements. 📊 *STOCKS:* $ICICIBANK | 🏢 *SECTOR:* Banking | #LOWIMPACT #Regulation
ICICI Bank allots 598,493 shares under employee plans
*ICICI Bank allots 598,493 shares under employee stock plans.* The allotment is part of the bank’s ESOP/ESOS/ESPS program aimed at employee retention. The shares were issued at **₹0** per share, indicating a free grant under the plan. This move slightly increases the outstanding share count. 📊 *STOCKS:* ICICIBANK | 🏢 *SECTOR:* Banking | #Corporate #ESOP
ICICI Bank to issue ESOPs under Scheme-2000 by 2026
*ICICI Bank to issue ESOPs, ESOS, and ESPS under Scheme-2000.* The plan includes employee stock ownership initiatives set for implementation by **August 24, 2026**. No immediate financial impact is expected. This is a routine corporate filing for future employee incentives. 📊 *STOCKS:* $ICICIBANK | 🏢 *SECTOR:* CapitalMarkets | #LOWIMPACT #ESOP
Financials
Quarterly Results
| Metric | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | — | — | — | — | — | — | — | — |
| Op. Profit | — | — | — | — | — | — | — | — |
| OPM | — | — | — | — | — | — | — | — |
| Net Profit | ₹15.7K Cr 16.3% | ₹13.5K Cr 5.8% | ₹14.3K Cr 1.0% | ₹14.5K Cr 0.7% | ₹14.4K Cr 3.7% | ₹13.8K Cr 0.4% | ₹13.9K Cr 11.6% | ₹12.5K Cr |
| EPS (₹) | 20.61 17.6% | 17.53 6.3% | 18.7 1.6% | 19 0.2% | 18.96 3.9% | 18.25 0.7% | 18.38 10.6% | 16.62 |
Values in ₹ Cr · Source: Screener.in
Annual Profit & Loss
| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | — | — | — | — | — | — | — | — | — | — |
| Expenses | ₹1.4L Cr 9.9% | ₹1.3L Cr 30.7% | ₹99.6K Cr 13.3% | ₹87.9K Cr 8.7% | ₹80.8K Cr 11.5% | ₹91.3K Cr 7.0% | ₹85.4K Cr 1.9% | ₹83.8K Cr 15.1% | ₹72.8K Cr 14.0% | ₹63.8K Cr |
| Op. Profit | — | — | — | — | — | — | — | — | — | — |
| OPM | — | — | — | — | — | — | — | — | — | — |
| Other Income | ₹1.2L Cr 8.0% | ₹1.1L Cr 41.5% | ₹76.5K Cr 17.5% | ₹65.1K Cr 4.8% | ₹62.1K Cr 13.9% | ₹72.2K Cr 11.1% | ₹65.0K Cr 9.5% | ₹59.3K Cr 4.4% | ₹56.8K Cr 8.3% | ₹52.5K Cr |
| Interest | ₹89.0K Cr 0.0% | ₹89.0K Cr 20.1% | ₹74.1K Cr 46.6% | ₹50.5K Cr 22.8% | ₹41.2K Cr 3.5% | ₹42.7K Cr 4.5% | ₹44.7K Cr 14.0% | ₹39.2K Cr 14.3% | ₹34.3K Cr 1.6% | ₹34.8K Cr |
| Depreciation | ₹3.1K Cr 16.5% | ₹2.6K Cr 35.8% | ₹1.9K Cr 27.7% | ₹1.5K Cr 13.9% | ₹1.3K Cr 0.7% | ₹1.3K Cr 14.4% | ₹1.2K Cr 23.8% | ₹946 Cr 2.6% | ₹922 Cr 1.1% | ₹912 Cr |
| PBT | ₹77.1K Cr 5.8% | ₹72.9K Cr 20.6% | ₹60.4K Cr 30.7% | ₹46.3K Cr 35.1% | ₹34.2K Cr 31.6% | ₹26.0K Cr 40.0% | ₹18.6K Cr 150.9% | ₹7.4K Cr 32.5% | ₹11.0K Cr 20.5% | ₹13.8K Cr |
| Tax % | 25.0% 0.0% | 25.0% 3.8% | 26.0% 0.0% | 26.0% 4.0% | 25.0% 13.6% | 22.0% 45.0% | 40.0% 73.9% | 23.0% 35.3% | 17.0% 5.6% | 18.0% |
| Net Profit | ₹57.9K Cr 6.2% | ₹54.6K Cr 18.4% | ₹46.1K Cr 29.9% | ₹35.5K Cr 33.6% | ₹26.5K Cr 30.3% | ₹20.4K Cr 81.4% | ₹11.2K Cr 97.3% | ₹5.7K Cr 37.5% | ₹9.1K Cr 19.8% | ₹11.3K Cr |
| EPS (₹) | 75.71 5.7% | 71.65 13.7% | 63.02 29.3% | 48.74 34.9% | 36.14 36.0% | 26.58 79.8% | 14.78 123.9% | 6.6 45.0% | 12 24.5% | 15.9 |
| Div Payout | 16.0% 6.7% | 15.0% 6.3% | 16.0% 0.0% | 16.0% 14.3% | 14.0% 75.0% | 8.0% | 0.0% 100.0% | 15.0% 25.0% | 12.0% 14.3% | 14.0% |
Values in ₹ Cr · Source: Screener.in
Balance Sheet
| Item | Sep 2025 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
Liabilities | ||||||||||
| Equity Capital | ₹1.4K Cr 0.3% | ₹1.4K Cr 1.4% | ₹1.4K Cr 0.6% | ₹1.4K Cr 0.5% | ₹1.4K Cr 0.5% | ₹1.4K Cr 6.8% | ₹1.3K Cr 0.5% | ₹1.3K Cr 0.2% | ₹1.3K Cr 10.4% | ₹1.2K Cr |
| Reserves | ₹3.3L Cr 6.2% | ₹3.1L Cr 22.7% | ₹2.5L Cr 19.5% | ₹2.1L Cr 18.0% | ₹1.8L Cr 15.7% | ₹1.6L Cr 28.4% | ₹1.2L Cr 7.7% | ₹1.1L Cr 3.3% | ₹1.1L Cr 5.7% | ₹1.0L Cr |
| Borrowings | — | — | — | — | — | — | — | — | — | — |
| Other Liabilities | ₹4.9L Cr 5.2% | ₹4.7L Cr 2.4% | ₹4.6L Cr 32.8% | ₹3.4L Cr 8.3% | ₹3.2L Cr 1.7% | ₹3.1L Cr 30.3% | ₹2.4L Cr 2.9% | ₹2.3L Cr 17.4% | ₹2.0L Cr 10.1% | ₹1.8L Cr |
| Total Liabilities | ₹26.9L Cr 1.7% | ₹26.4L Cr 11.8% | ₹23.6L Cr 20.7% | ₹19.6L Cr 11.7% | ₹17.5L Cr 11.4% | ₹15.7L Cr 14.3% | ₹13.8L Cr 11.2% | ₹12.4L Cr 10.2% | ₹11.2L Cr 14.1% | ₹9.9L Cr |
Assets | ||||||||||
| Fixed Assets | ₹16.6K Cr 31.8% | ₹24.3K Cr 54.5% | ₹15.7K Cr 42.0% | ₹11.1K Cr 3.4% | ₹10.7K Cr 0.9% | ₹10.8K Cr 3.8% | ₹10.4K Cr 7.8% | ₹9.7K Cr 2.1% | ₹9.5K Cr 1.4% | ₹9.3K Cr |
| CWIP | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Investments | ₹9.0L Cr 1.5% | ₹8.9L Cr 7.2% | ₹8.3L Cr 29.3% | ₹6.4L Cr 12.8% | ₹5.7L Cr 5.7% | ₹5.4L Cr 21.0% | ₹4.4L Cr 11.4% | ₹4.0L Cr 7.0% | ₹3.7L Cr 22.3% | ₹3.0L Cr |
| Other Assets | ₹17.7L Cr 2.2% | ₹17.3L Cr 13.8% | ₹15.2L Cr 16.3% | ₹13.1L Cr 11.3% | ₹11.7L Cr 14.5% | ₹10.3L Cr 11.2% | ₹9.2L Cr 11.1% | ₹8.3L Cr 11.9% | ₹7.4L Cr 10.5% | ₹6.7L Cr |
| Total Assets | ₹26.9L Cr 1.7% | ₹26.4L Cr 11.8% | ₹23.6L Cr 20.7% | ₹19.6L Cr 11.7% | ₹17.5L Cr 11.4% | ₹15.7L Cr 14.3% | ₹13.8L Cr 11.2% | ₹12.4L Cr 10.2% | ₹11.2L Cr 14.1% | ₹9.9L Cr |
Values in ₹ Cr · Source: Screener.in
Cash Flow Statement
| Item | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating CF | ₹67.3K Cr 45.2% | ₹1.2L Cr 21.9% | ₹1.6L Cr 4270.9% | ₹-3.8K Cr 106.5% | ₹58.1K Cr 57.9% | ₹1.4L Cr 73.5% | ₹79.6K Cr 63.5% | ₹48.7K Cr 151.1% | ₹19.4K Cr 63.2% | ₹52.6K Cr |
| Investing CF | ₹-11.7K Cr 84.8% | ₹-77.1K Cr 46.7% | ₹-1.4L Cr 113.8% | ₹-67.7K Cr 69.2% | ₹-40.0K Cr 37.1% | ₹-63.6K Cr 51.2% | ₹-42.1K Cr 39.0% | ₹-30.3K Cr 40.1% | ₹-50.6K Cr 2854.5% | ₹-1.7K Cr |
| Financing CF | ₹-4.7K Cr 183.4% | ₹5.6K Cr 59.4% | ₹13.8K Cr 44.5% | ₹24.8K Cr 42.1% | ₹17.5K Cr 131.9% | ₹-54.7K Cr 1927.1% | ₹3.0K Cr 115.0% | ₹-20.0K Cr 150.4% | ₹39.7K Cr 211.9% | ₹-35.5K Cr |
| Net Cash Flow | ₹51.0K Cr 0.6% | ₹51.3K Cr 94.8% | ₹26.3K Cr 156.4% | ₹-46.7K Cr 231.3% | ₹35.6K Cr 80.3% | ₹19.7K Cr 51.3% | ₹40.5K Cr 2616.3% | ₹-1.6K Cr 118.9% | ₹8.5K Cr 44.9% | ₹15.5K Cr |
| Free Cash Flow | ₹63.8K Cr 46.0% | ₹1.2L Cr 23.2% | ₹1.5L Cr 2682.4% | ₹-6.0K Cr 110.6% | ₹56.4K Cr 58.7% | ₹1.4L Cr 75.4% | ₹77.7K Cr 63.4% | ₹47.6K Cr 159.0% | ₹18.4K Cr 64.2% | ₹51.3K Cr |
Values in ₹ Cr · Source: Screener.in
Deep Dive Analysis
About ICICI Bank Limited
ICICI Bank is the second-largest private sector bank in India offering a diversified portfolio of financial products and services to retail, SME and corporate customers. The Bank has an extensive network of branches, ATMs and other touch-points.The ICICI group has presence in businesses like life and general insurance, housing finance, primary dealership, etc, through its subsidiaries and associates.[1]
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