ICICI Prudential Life Insurance
Market Cap
₹546.1b
Last Updated
2020/06/02 13:34 UTC
Data Sources
Company Financials +
Executive Summary
ICICI Prudential Life Insurance Company Limited provides life insurance, pension, and health insurance products to individuals and groups in India.
Rewards
Risk Analysis
Snowflake Analysis
Excellent balance sheet with reasonable growth potential.
Share Price & News
How has ICICI Prudential Life Insurance's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 540133's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
9.4%
540133
7.7%
IN Insurance
6.2%
IN Market
1 Year Return
-3.6%
540133
-10.9%
IN Insurance
-19.9%
IN Market
Return vs Industry: 540133 exceeded the Indian Insurance industry which returned -10.7% over the past year.
Return vs Market: 540133 exceeded the Indian Market which returned -20.6% over the past year.
Shareholder returns
| 540133 | Industry | Market | |
|---|---|---|---|
| 7 Day | 9.4% | 7.7% | 6.2% |
| 30 Day | -7.6% | 0.2% | -0.3% |
| 90 Day | -14.6% | -18.5% | -13.4% |
| 1 Year | -3.0%-3.6% | -10.5%-10.9% | -18.3%-19.9% |
| 3 Year | -2.0%-5.3% | -3.1%-10.2% | -8.2%-13.1% |
| 5 Year | n/a | -13.0%-21.9% | 16.4%5.5% |
Price Volatility Vs. Market
How volatile is ICICI Prudential Life Insurance's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 year ago | Simply Wall St
Should Income Investors Buy ICICI Prudential Life Insurance Company Limited (BOM:540133) Before Its Ex-Dividend?1 year ago | Simply Wall St
How To Take Advantage Of ICICI Prudential Life Insurance Company Limited (BOM:540133) In A Bear MarketValuation
Is ICICI Prudential Life Insurance undervalued compared to its fair value and its price relative to the market?
51.18x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 540133 (₹383.95) is trading above our estimate of fair value (₹76.35)
Significantly Below Fair Value: 540133 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 540133 is poor value based on its PE Ratio (51.7x) compared to the Insurance industry average (49.5x).
PE vs Market: 540133 is poor value based on its PE Ratio (51.7x) compared to the Indian market (10x).
Price to Earnings Growth Ratio
PEG Ratio: 540133 is poor value based on its PEG Ratio (2.9x)
Price to Book Ratio
PB vs Industry: 540133 is overvalued based on its PB Ratio (7.7x) compared to the IN Insurance industry average (7x).
Next Steps
Future Growth
How is ICICI Prudential Life Insurance forecast to perform in the next 1 to 3 years based on estimates from 26 analysts?
18.1%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 540133's forecast earnings growth (18.1% per year) is above the savings rate (7.2%).
Earnings vs Market: 540133's earnings (18.1% per year) are forecast to grow faster than the Indian market (16.6% per year).
High Growth Earnings: 540133's earnings are forecast to grow, but not significantly.
Revenue vs Market: 540133's revenue (24.7% per year) is forecast to grow faster than the Indian market (7.2% per year).
High Growth Revenue: 540133's revenue (24.7% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 540133's Return on Equity is forecast to be low in 3 years time (17.9%).
Next Steps
Past Performance
How has ICICI Prudential Life Insurance performed over the past 5 years?
-8.7%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 540133 has high quality earnings.
Growing Profit Margin: 540133's current net profit margins (5.1%) are higher than last year (2.7%).
Past Earnings Growth Analysis
Earnings Trend: 540133's earnings have declined by -8.7% per year over the past 5 years.
Accelerating Growth: 540133's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 540133 had negative earnings growth (-6.3%) over the past year, making it difficult to compare to the Insurance industry average (4.7%).
Return on Equity
High ROE: 540133's Return on Equity (14.8%) is considered low.
Next Steps
Financial Health
How is ICICI Prudential Life Insurance's financial position?
Financial Position Analysis
Short Term Liabilities: 540133's short term assets (₹38.4B) exceed its short term liabilities (₹33.3B).
Long Term Liabilities: 540133's short term assets (₹38.4B) do not cover its long term liabilities (₹1,454.9B).
Debt to Equity History and Analysis
Debt Level: 540133 is debt free.
Reducing Debt: 540133 has not had any debt for past 5 years.
Debt Coverage: 540133 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 540133 has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
Next Steps
Dividend
What is ICICI Prudential Life Insurance's current dividend yield, its reliability and sustainability?
0.83%
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate 540133's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate 540133's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if 540133's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 540133's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: 540133 is not paying a notable dividend for the Indian market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of 540133's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
3.0yrs
Average management tenure
CEO
Narayanan Kannan (54yo)
2yrs
Tenure
₹43,594,879
Compensation
Mr. Narayanan Srinivasa Kannan, BE, CFA, PGDM is Chief Executive Officer, Managing Director and Whole-time Director at ICICI Prudential Life Insurance Company Ltd. since June 19, 2018. Mr. Kannan served as ...
CEO Compensation Analysis
Compensation vs Market: Narayanan's total compensation ($USD576.57K) is below average for companies of similar size in the Indian market ($USD1.21M).
Compensation vs Earnings: Insufficient data to compare Narayanan's compensation with company performance.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, MD & Whole-time Director | 2yrs | ₹43.59m | 0.014% ₹76.1m | |
| Chief Financial Officer | 4.42yrs | ₹30.06m | 0.010% ₹55.9m | |
| Deputy MD & Whole-time Director | 9.83yrs | ₹52.76m | 0.010% ₹57.1m | |
| Company Secretary | 5.08yrs | ₹5.06m | 0.000070% ₹382.2k | |
| Chief Investments Officer | no data | no data | no data | |
| Investor Relation | no data | no data | 0.000030% ₹163.8k | |
| Chief Risk & Compliance Officer | 3.92yrs | no data | no data | |
| Executive VP & Chief Marketing Officer | 1.92yrs | no data | no data | |
| Chief of Human Resources | no data | no data | 0.0015% ₹8.4m | |
| Head of Group Business | no data | no data | no data |
3.0yrs
Average Tenure
47.5yo
Average Age
Experienced Management: 540133's management team is considered experienced (3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, MD & Whole-time Director | 2yrs | ₹43.59m | 0.014% ₹76.1m | |
| Deputy MD & Whole-time Director | 9.83yrs | ₹52.76m | 0.010% ₹57.1m | |
| Independent Chairman of the Board | 1.25yrs | ₹2.63m | no data | |
| Additional Non-Executive Director | 1.67yrs | ₹31.28m | no data | |
| Independent Director | 2.42yrs | ₹1.99m | no data | |
| Non-Executive Director | 2.5yrs | no data | no data | |
| Additional Non-Executive Director | 1.67yrs | no data | 0.00059% ₹3.2m | |
| Non-Executive Independent Director | 1.42yrs | ₹584.93k | no data | |
| Independent Director | 2.92yrs | ₹2.41m | no data | |
| Independent Director | 4yrs | ₹1.98m | no data |
2.5yrs
Average Tenure
56.5yo
Average Age
Experienced Board: 540133's board of directors are not considered experienced ( 2.5 years average tenure), which suggests a new board.
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: 540133 insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
ICICI Prudential Life Insurance Company Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: ICICI Prudential Life Insurance Company Limited
- Ticker: 540133
- Exchange: BSE
- Founded: 2000
- Industry: Life and Health Insurance
- Sector: Insurance
- Market Cap: ₹546.062b
- Shares outstanding: 1.44b
- Website: https://www.iciciprulife.com
Number of Employees
Location
- ICICI Prudential Life Insurance Company Limited
- ICICI Pru Life Towers
- 1089, Appasaheb Marathe Marg
- Mumbai
- Maharashtra
- 400025
- India
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 540133 | BSE (Mumbai Stock Exchange) | Yes | Equity Shares | IN | INR | Sep 2016 |
| ICICIPRULI | NSEI (National Stock Exchange of India) | Yes | Equity Shares | IN | INR | Sep 2016 |
Biography
ICICI Prudential Life Insurance Company Limited provides life insurance, pension, and health insurance products to individuals and groups in India. It offers participating, non-participating, non-participating variable, and unit linked products. The company also provides term life, health, savings, and retirement insurance products; and pension fund management services. It distributes its products through individual and corporate agents, banks, and brokers, as well as through its own sales force and Website. The company was founded in 2000 and is based in Mumbai, India. ICICI Prudential Life Insurance Company Limited is a subsidiary of ICICI Bank Limited.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/06/02 13:34 |
| End of Day Share Price | 2020/06/02 00:00 |
| Earnings | 2020/03/31 |
| Annual Earnings | 2020/03/31 |
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.