ICICI Bank Limited

NSEI:ICICIBANK Stock Report

Market Cap: ₹9.1t

ICICI Bank Management

Management criteria checks 4/4

ICICI Bank's CEO is Sandeep Bakhshi, appointed in Oct 2018, has a tenure of 6.17 years. total yearly compensation is ₹99.66M, comprised of 34.8% salary and 65.2% bonuses, including company stock and options. directly owns 0.005% of the company’s shares, worth ₹430.10M. The average tenure of the management team and the board of directors is 4.3 years and 3.5 years respectively.

Key information

Sandeep Bakhshi

Chief executive officer

₹99.7m

Total compensation

CEO salary percentage34.8%
CEO tenure6.2yrs
CEO ownership0.005%
Management average tenure4.3yrs
Board average tenure3.5yrs

Recent management updates

Shareholders May Be More Conservative With ICICI Bank Limited's (NSE:ICICIBANK) CEO Compensation For Now

Aug 23
Shareholders May Be More Conservative With ICICI Bank Limited's (NSE:ICICIBANK) CEO Compensation For Now

Recent updates

Here's Why We Think ICICI Bank (NSE:ICICIBANK) Might Deserve Your Attention Today

Sep 27
Here's Why We Think ICICI Bank (NSE:ICICIBANK) Might Deserve Your Attention Today

Shareholders May Be More Conservative With ICICI Bank Limited's (NSE:ICICIBANK) CEO Compensation For Now

Aug 23
Shareholders May Be More Conservative With ICICI Bank Limited's (NSE:ICICIBANK) CEO Compensation For Now

ICICI Bank's (NSE:ICICIBANK) Upcoming Dividend Will Be Larger Than Last Year's

Aug 07
ICICI Bank's (NSE:ICICIBANK) Upcoming Dividend Will Be Larger Than Last Year's

ICICI Bank (NSE:ICICIBANK) Is Increasing Its Dividend To ₹10.00

Jul 04
ICICI Bank (NSE:ICICIBANK) Is Increasing Its Dividend To ₹10.00

With EPS Growth And More, ICICI Bank (NSE:ICICIBANK) Makes An Interesting Case

Jun 03
With EPS Growth And More, ICICI Bank (NSE:ICICIBANK) Makes An Interesting Case

Should You Be Adding ICICI Bank (NSE:ICICIBANK) To Your Watchlist Today?

Feb 15
Should You Be Adding ICICI Bank (NSE:ICICIBANK) To Your Watchlist Today?

CEO Compensation Analysis

How has Sandeep Bakhshi's remuneration changed compared to ICICI Bank's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

₹474b

Jun 30 2024n/an/a

₹453b

Mar 31 2024₹100m₹35m

₹443b

Dec 31 2023n/an/a

₹424b

Sep 30 2023n/an/a

₹402b

Jun 30 2023n/an/a

₹373b

Mar 31 2023₹96m₹36m

₹340b

Dec 31 2022n/an/a

₹319b

Sep 30 2022n/an/a

₹296b

Jun 30 2022n/an/a

₹277b

Mar 31 2022₹70m₹29m

₹251b

Dec 31 2021n/an/a

₹223b

Sep 30 2021n/an/a

₹212b

Jun 30 2021n/an/a

₹200b

Mar 31 2021₹4mn/a

₹184b

Dec 31 2020n/an/a

₹147b

Sep 30 2020n/an/a

₹139b

Jun 30 2020n/an/a

₹102b

Mar 31 2020₹63m₹29m

₹96b

Dec 31 2019n/an/a

₹95b

Sep 30 2019n/an/a

₹67b

Jun 30 2019n/an/a

₹68b

Mar 31 2019₹55m₹22m

₹43b

Compensation vs Market: Sandeep's total compensation ($USD1.17M) is about average for companies of similar size in the Indian market ($USD1.05M).

Compensation vs Earnings: Sandeep's compensation has been consistent with company performance over the past year.

CEO

Sandeep Bakhshi (64 yo)

6.2yrs

Tenure

₹99,655,999

Compensation

Mr. Sandeep Bakhshi, BE (Mech), PGDM, has been Managing Director and Chief Executive Officer of ICICI Bank Ltd. since October 15, 2018 and has been its Executive Director since June 19, 2018. Mr. Bakhshi s...

Leadership Team

NamePositionTenureCompensationOwnership
Sandeep Bakhshi
MD, CEO & Executive Director6.2yrs₹99.66m0.0047%
₹ 430.1m
Anindya Banerjee
Group CFO & Head of Investor Relations2.6yrs₹11.36m0.0024%
₹ 218.2m
Rakesh Jha
Executive Director2.3yrs₹83.96m0.0019%
₹ 170.0m
Sandeep Batra
Executive Directorno data₹86.74m0.0048%
₹ 432.8m
Ajay Gupta
Executive Director1.1yrs₹48.29m0.0084%
₹ 765.6m
Laxminarayan Achar
Chief Accountantno datano datano data
Prachiti Lalingkar
Company Secretary & Compliance Officer1.7yrsno data0%
₹ 0
Prasanna Balachander
Head of Markets & Proprietory Trading and Group Executive8.1yrsno data0.00064%
₹ 58.2m
Akshay Chaturvedi
Country Head of USA5.9yrsno datano data
Rajendra Khandelwal
Chief Internal Auditorno datano datano data
Vivek Ranjan
Chief Manager14.7yrsno datano data
Soumendra Mattagajasingh
Head of Business HR & Employee Relationsno datano datano data

4.3yrs

Average Tenure

55yo

Average Age

Experienced Management: ICICIBANK's management team is considered experienced (4.3 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Sandeep Bakhshi
MD, CEO & Executive Director6.5yrs₹99.66m0.0047%
₹ 430.1m
Rakesh Jha
Executive Director2.3yrs₹83.96m0.0019%
₹ 170.0m
Sandeep Batra
Executive Director4yrs₹86.74m0.0048%
₹ 432.8m
Ajay Gupta
Executive Director1.1yrs₹48.29m0.0084%
₹ 765.6m
Neelam Dhawan
Independent Non-Executive Director6.9yrs₹4.90mno data
Punit Sood
Independent Directorless than a yearno datano data
Pradeep Sinha
Independent Part-Time Non-Executive Chairmanless than a year₹341.76kno data
Balasubramanyam Sriram
Independent Non-Executive Director5.9yrs₹7.40mno data
Vibha Rishi
Non-Executive Independent Director2.9yrs₹4.70m0%
₹ 0
Subramanian Madhavan
Independent Non-Executive Director5.7yrs₹6.10m0.000060%
₹ 5.5m
Radhakrishnan Nair
Independent Non-Executive Director6.6yrs₹5.80mno data
Rohit Bhasin
Independent Directorless than a yearno datano data

3.5yrs

Average Tenure

64yo

Average Age

Experienced Board: ICICIBANK's board of directors are considered experienced (3.5 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/21 21:45
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

ICICI Bank Limited is covered by 78 analysts. 39 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Pankaj AgarwalAmbit Capital
Kaitav ShahAnand Rathi Shares and Stock Brokers Limited
Jaikishan ParmarAngel Broking Private Limited