ICICI Prudential Life Insurance Company Limited provides life insurance, pension, and health insurance products to individuals and groups in India. More Details
Excellent balance sheet with questionable track record.
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: ICICIPRULI has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: ICICIPRULI exceeded the Indian Insurance industry which returned -7% over the past year.
Return vs Market: ICICIPRULI underperformed the Indian Market which returned -0.8% over the past year.
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 month ago | Simply Wall StICICI Prudential Life Insurance Company Limited's (NSE:ICICIPRULI) Stock Is Rallying But Financials Look Ambiguous: Will The Momentum Continue?
2 months ago | Simply Wall StICICI Prudential Life Insurance Company Limited (NSE:ICICIPRULI) Analysts Just Trimmed Their Revenue Forecasts By 8.2%
2 months ago | Simply Wall StWhy Investors Shouldn't Be Surprised By ICICI Prudential Life Insurance Company Limited's (NSE:ICICIPRULI) P/E
Is ICICI Prudential Life Insurance undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: ICICIPRULI (₹403.25) is trading above our estimate of fair value (₹75.46)
Significantly Below Fair Value: ICICIPRULI is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: ICICIPRULI is good value based on its PE Ratio (54.2x) compared to the IN Insurance industry average (55.4x).
PE vs Market: ICICIPRULI is poor value based on its PE Ratio (54.2x) compared to the Indian market (16.1x).
Price to Earnings Growth Ratio
PEG Ratio: ICICIPRULI is poor value based on its PEG Ratio (2.9x)
Price to Book Ratio
PB vs Industry: ICICIPRULI's PB Ratio (7.4x) is in line with the IN Insurance industry average.
How is ICICI Prudential Life Insurance forecast to perform in the next 1 to 3 years based on estimates from 27 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ICICIPRULI's forecast earnings growth (18.9% per year) is above the savings rate (7.2%).
Earnings vs Market: ICICIPRULI's earnings (18.9% per year) are forecast to grow slower than the Indian market (26.2% per year).
High Growth Earnings: ICICIPRULI's earnings are forecast to grow, but not significantly.
Revenue vs Market: ICICIPRULI's revenue (8% per year) is forecast to grow slower than the Indian market (11.7% per year).
High Growth Revenue: ICICIPRULI's revenue (8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: ICICIPRULI's Return on Equity is forecast to be low in 3 years time (16.4%).
How has ICICI Prudential Life Insurance performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ICICIPRULI has high quality earnings.
Growing Profit Margin: ICICIPRULI's current net profit margins (3.3%) are higher than last year (2.7%).
Past Earnings Growth Analysis
Earnings Trend: ICICIPRULI's earnings have declined by 9.8% per year over the past 5 years.
Accelerating Growth: ICICIPRULI's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: ICICIPRULI had negative earnings growth (-6.4%) over the past year, making it difficult to compare to the Insurance industry average (7.3%).
Return on Equity
High ROE: ICICIPRULI's Return on Equity (13.7%) is considered low.
How is ICICI Prudential Life Insurance's financial position?
Financial Position Analysis
Short Term Liabilities: ICICIPRULI's short term assets (₹48.0B) exceed its short term liabilities (₹37.4B).
Long Term Liabilities: ICICIPRULI's short term assets (₹48.0B) do not cover its long term liabilities (₹1,618.1B).
Debt to Equity History and Analysis
Debt Level: ICICIPRULI is debt free.
Reducing Debt: ICICIPRULI has not had any debt for past 5 years.
Debt Coverage: ICICIPRULI has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: ICICIPRULI has no debt, therefore coverage of interest payments is not a concern.
What is ICICI Prudential Life Insurance current dividend yield, its reliability and sustainability?
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate ICICIPRULI's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate ICICIPRULI'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 ICICIPRULI's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if ICICIPRULI's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: ICICIPRULI is not paying a notable dividend for the Indian market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of ICICIPRULI's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Narayanan Kannan (55 yo)
Mr. Narayanan Srinivasa Kannan, BE, CFA, PGDM is the Chief Executive Officer, Managing Director and Whole-time Director at ICICI Prudential Life Insurance Company Ltd. since June 19, 2018. Mr. Kannan serve ...
CEO Compensation Analysis
Compensation vs Market: Narayanan's total compensation ($USD666.12K) is below average for companies of similar size in the Indian market ($USD1.20M).
Compensation vs Earnings: Narayanan's compensation has been consistent with company performance over the past year.
|CEO, MD & Whole-Time Director||2.25yrs||₹48.97m||0.014% |
|Chief Financial Officer||4.67yrs||₹24.47m||0.010% |
|Company Secretary & Compliance Officer||5.33yrs||₹4.40m||0.000070% |
|Chief Investments Officer||no data||no data||no data|
|Investor Relation||no data||no data||0.000030% |
|Chief Risk & Compliance Officer||4.17yrs||no data||no data|
|Chief of Human Resources||no data||no data||0% |
|Head of Group Business||no data||no data||no data|
|Head of Internal Audit||4.25yrs||no data||no data|
|Executive VP and Head of Customer Service & Operations||no data||no data||0.0024% |
|Senior Vice President of Proprietary Sales Force||no data||no data||no data|
|Chief Distribution Officer||0.25yr||no data||0.0014% |
Experienced Management: ICICIPRULI's management team is considered experienced (4.2 years average tenure).
|CEO, MD & Whole-Time Director||2.25yrs||₹48.97m||0.014% |
|Independent Chairman||1.5yrs||₹1.84m||no data|
|Non-Executive Director||1.92yrs||₹6.48m||0% |
|Independent Director||2.67yrs||₹2.23m||0% |
|Director Emeritus||no data||no data||no data|
|Non-Executive Director||1.92yrs||no data||0.00059% |
|Non-Executive Independent Director||1.67yrs||₹1.82m||no data|
|Non-Executive Additional Director||0.083yr||no data||no data|
|Independent Director||3.17yrs||₹2.30m||no data|
|Independent Director||4.25yrs||₹2.24m||no data|
Experienced Board: ICICIPRULI's board of directors are not considered experienced ( 1.9 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: ICICIPRULI insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
ICICI Prudential Life Insurance Company Limited's company bio, employee growth, exchange listings and data sources
- Name: ICICI Prudential Life Insurance Company Limited
- Ticker: ICICIPRULI
- Exchange: NSEI
- Founded: 2000
- Industry: Life and Health Insurance
- Sector: Insurance
- Market Cap: ₹579.309b
- Shares outstanding: 1.44b
- Website: https://www.iciciprulife.com
Number of Employees
- ICICI Prudential Life Insurance Company Limited
- ICICI PruLife Towers
- 1089, Appasaheb Marathe Marg
|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|
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-participa ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/09/22 19:21|
|End of Day Share Price||2020/09/22 00:00|
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.