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ICICIGI · NSE · General Insurance

ICICI Lombard General Insurance Company Ltd

What the numbers mean, from its filings and the exchange. Data as of 12 Oct 2026.
Mid Cap · AMFI list Jan-Jun 2026 · Vendor sector: Financial Services
cheap low confidence No valuation within 120 days; P/E 34.6 vs peers 45.4 (2nd of 9); P/B 5.1 vs peers 5.6 (5th of 9).
Cheap for a reason: A negative 5-year return.
Statements through FY2026Prices adjusted for corporate actionsNot yet reviewed by the adversarial model

What is ICICI Lombard General Insurance Company's share price today?

ICICI Lombard General Insurance Company last traded at ₹1,674.00 on the NSE, as of 12 Oct 2026, 11:00 pm IST, down 1.0% on the day, down 7.8% over a year. Its 52-week range is ₹1,423 to ₹2,065. The live price is in the app.

₹1,674.00 −1.0% today
−7.8% over 1 year · NSE, as of 12 Oct 2026, 11:00 pm IST
60 month-end closes, 31 Oct 2021 to 30 Sep 2026, adjusted for splits and bonuses
52-week range39% of the way up
Low ₹1,423High ₹2,065

What is ICICI Lombard General Insurance Company's market cap?

ICICI Lombard General Insurance Company's market capitalisation is about ₹84,450 crore: what it would cost to buy every share at today's price. That makes it the 33rd largest mid cap company we cover.

₹84,450 Cr Mid Cap33rd largest mid cap company
Mid Cap means the companies ranked 101 to 250 by size, under SEBI's rules. Shares in issue are worked out from the market cap and the price. What market cap tells you →

Key facts

From the exchange
Symbol
NSE: ICICIGI
ISIN
INE765G01017
Cap bucket
Mid Cap, 33rd largest by market cap
Industry (NSE)
Financial Services › Insurance › General Insurance
Listed since
2017
Futures and options
Traded

Is ICICI Lombard General Insurance Company overvalued?

Cheap, with low confidence: no valuation within 120 days; P/E 34.6 vs peers 45.4 (2nd of 9); P/B 5.1 vs peers 5.6 (5th of 9). Cheap for a reason: A negative 5-year return.

Valuation

Latest price and trailing 12 months
P/E 34.64
vs peers 45.4 · 2nd of 9
Price divided by last year's earnings per share: how many years of today's profit you pay for. Learn more →
P/B 5.13
vs peers 5.6 · 5th of 9
Price divided by book value per share: what you pay for each rupee of net assets on the balance sheet. Learn more →
Market cap ₹84,450 Cr
Total market value of all shares, in ₹ crore. Learn more →
Dividend yield Not available
Last year's dividends as a share of today's price. Learn more →
PEG (vendor) Not available
P/E divided by the vendor's earnings growth figure, which it does not disclose; a P/E adjusted for how fast profits grow. Learn more →
PEG on our 3-year EPS growth 2.09
P/E divided by the 3-year EPS growth rate from the stored accounts. Learn more →
3 models could be judged
Skipped — Fair value, EPV, Graham number, Graham value, Lynch, Owner earnings: no valuation stored

Our valuation range

🔒 Pro
Value range, implied growth at today's price, and the nine models behind it: in the app.

Is ICICI Lombard General Insurance Company a quality business?

CLEAN on 10 of 22 lender flags judged.

Quality and risk

Data as of 12 Oct 2026
Business quality Not available
The kind of business, which sets the yardstick it is judged by. Learn more →
Quality score Not available
Returns, margins, leverage and consistency against its peers, out of 100. Learn more →
Risk level CLEAN
10 of 22 lender flags judged
From flags on debt, earnings quality, dilution and price swings. Learn more →

Lender scorecard

Statements through FY2026 (Mar-26)
Basis: consolidated accounts, FY2026 (Mar-26) against FY2025; Tickertape; ROA over average total assets; ROE over average equity (equity from Tickertape); not a lender: no NIM, asset quality, credit cost or loan growth
Net interest margin Not available
What a lender earns on its loans and investments less what it pays for deposits and borrowings, as a share of the assets that earn interest (or of all assets where the split is not filed). Learn more →
Gross NPA Not available
Loans on which repayment has stopped, as a share of all loans, before any provision against them; from the latest results filing. Learn more →
Net NPA Not available
Bad loans after the provisions already set aside against them, as a share of loans. Learn more →
Provision coverage Not available
How much of the gross bad loans has already been provided for. Learn more →
Credit cost Not available
The year's provisions for bad loans as a share of the average loan book. Learn more →
Cost to income Not available
Operating expenses (staff, branches, technology) over net interest income plus other income. Learn more →
Return on assets 3.8%
vs peers 1.4% · 1st of 5
Profit as a share of average total assets. Learn more →
CET1 ratio Not available
Common equity tier 1 capital, the hardest kind, against risk-weighted assets; from the latest results filing. Learn more →
Loan growth YoY Not available
Growth in the loan book over the latest fiscal year. Learn more →
Deposit growth YoY Not available
Growth in deposits over the latest fiscal year. Learn more →
CASA ratio Not available
Current and savings account balances as a share of all deposits. Learn more →
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Has ICICI Lombard General Insurance Company made money for shareholders?

Mixed: −7.8% over one year and +0.0% a year over five years.

Shareholder returns

1-year return −7.8%
Price only
What the share price did over the last 12 months. Learn more →
5-year return +0.0% a year
Price only
Yearly average price return over five years, bonuses and splits adjusted. Learn more →
Wealth destroyer Yes
Five-year total return — price CAGR on bonus- and split-adjusted closes plus the dividend yield — below the 7% a bank fixed deposit paid. Learn more →

Returns

3Y and 5Y are yearly averages
1W
+5.6%
1M
+18.4%
3M
−5.4%
6M
−5.2%
1Y
−7.8%
3Y
+5.0%
5Y
+0.0%

Does ICICI Lombard General Insurance Company pay a dividend?

ICICI Lombard General Insurance Company last paid ₹7.00 a share, ex-dividend 29 May 2026; nothing in the past 12 months counts toward a yield.

Dividends

Per share, by ex-dividend date
29 May 2026 · Final₹7.00
23 Oct 2025 · Interim₹6.50
6 Jun 2025 · Final₹7.00
28 Oct 2024 · Interim₹5.50
7 Jun 2024 · Final₹6.00
Payout ratio🔒 In the app
The share of profit paid out as dividends; a very high share leaves little to reinvest.
Dividend growth, 5 years🔒 In the app
How fast the dividend per share has grown a year.
Years without a miss🔒 In the app
How many years in a row a dividend has been paid.

Is ICICI Lombard General Insurance Company growing?

Revenue 3 years 12.8% a year; eps 3 years 16.6% a year; revenue 5 years 10.5% a year.

Growth

Statements through FY2026 (Mar-26)
Loan growth Not available
Growth in the loan book over the latest fiscal year. Learn more →
Deposit growth Not available
Growth in deposits over the latest fiscal year. Learn more →
Revenue 3 years 12.8% a year
vs peers 12.0% · 4th of 9
Compound annual growth of revenue over three years. Learn more →
EPS 3 years 16.6% a year
Growth in earnings per share, so dilution counts against the company. Learn more →
Revenue 5 years 10.5% a year
Compound annual growth of revenue over five years. Learn more →
EPS 5 years 11.5% a year
Growth in earnings per share over five years, so dilution counts against the company. Learn more →

How did ICICI Lombard General Insurance Company do last quarter?

ICICI Lombard General Insurance Company reported income of ₹7,102 Cr, up 12.7% on a year earlier and a net profit of ₹403 Cr, up 10.5% in the Jun 2026 quarter.

Latest quarter

Jun 2026
Income, latest quarter₹7,102 Cr
+12.7% on a year earlier
What the company took in over the quarter.
Net profit, latest quarter₹403 Cr
+10.5% on a year earlier
What was left for shareholders after every cost and tax.

How does ICICI Lombard General Insurance Company compare with its peers?

Compared with 8 Insurance (the industry, as the basic industry was too small); 2nd of 9 on P/E.

Compared with 8 Insurance (the industry, as the basic industry was too small)

8 companies

ICICI Lombard General Insurance Company against its peers

Largest 8 of 8 peers, by market cap
CompanyMarket capP/EP/BROE1YQuality 🔒Rank 🔒
ICICI Lombard General Insurance Company Ltd₹84,450 Cr34.65.117.8%−7.8%
SBI Life Insurance Company Ltd₹1.7 L Cr65.09.313.8%−7.2%
HDFC Life Insurance Company Ltd₹1.2 L Cr60.87.211.6%−25.4%
ICICI Prudential Life Insurance Company Ltd₹66,837 Cr39.64.810.1%−22.4%
General Insurance Corporation of India₹54,843 Cr6.21.017.0%−18.8%
Max Financial Services Ltd₹45,200 Cr409.37.6—−18.5%
Star Health & Allied Insurance Company Ltd₹32,498 Cr38.53.57.6%+15.1%
New India Assurance Company Ltd₹26,736 Cr34.70.76.1%−15.1%
Go Digit General Insurance Ltd₹25,243 Cr51.26.511.8%−24.1%
Peer median—45.45.611.6%−18.7%
Market cap in rupees crore; P/E and P/B on the latest price; 1Y is the price return over a year. A dash is a figure that does not apply or is not reported.

Full peer comparison

🔒 Pro
Every peer, every figure, the ranks and the quality and forensic scores side by side: in the app.

Who owns ICICI Lombard General Insurance Company?

ICICI Lombard General Insurance Company is held by promoters 51.2%, foreign institutions 21.4%, domestic institutions 20.8%.

Shareholding pattern

Latest filing, percent of shares
Promoters51.2%
The founders and controlling group.
Foreign institutions21.4%
Overseas funds investing through the FPI route.
Domestic institutions20.8%
Indian insurers, banks, pension and mutual funds together.
Mutual funds15.7%
Indian mutual fund schemes; part of domestic institutions.
Retail and others3.6%
Individual investors and everyone else.
Promoter shares pledged🔒 In the app
Promoter shares given as collateral for loans; a high share is a risk to watch.
Holding trend🔒 In the app
Whether promoters, foreign funds and mutual funds have been adding or selling over recent quarters.

What do analysts say about ICICI Lombard General Insurance Company?

24 analysts cover ICICI Lombard General Insurance Company, and the consensus is hold. A consensus is a count of opinions, not a forecast; read it beside the numbers.

Analyst consensus

24 analysts
ConsensusHold
The rating most covering analysts give the share.
Average target price🔒 In the app
The mean of the analysts' 12-month price targets.
Upside to target🔒 In the app
How far the target sits above or below today's price.
Share rating it a buy🔒 In the app
The share of covering analysts with a buy rating.

What does ICICI Lombard General Insurance Company do and what is it sensitive to?

ICICI Lombard General Insurance Company Limited sells non-life insurance products, including motor, health, fire and marine cover, to retail, corporate, government and rural customers. Sensitive to: global oil prices and borrowing rates.

Business-model card

FY2026 · 41 verified
4Revenue
4Channels
3Regulators
5Reg. dependencies
6Sensitivities
4Costs
2Geographies

ICICI Lombard General Insurance Company Limited sells non-life insurance products, including motor, health, fire and marine cover, to retail, corporate, government and rural customers. It earns mainly net earned premium from these lines and income from its investment portfolio.

Revenue by segment

year ended March 31, 2025 (Annexure 2a, primary reportable segments; standalone, as no consolidated table is shown)
Fire4.0%
Marine-Cargo3.1%
Marine-Others0.0%
Motor-OD25.5%
Motor-TP32.9%
Health Insurance31.8%
Personal Accident2.6%

Revenue engine

4 verified
Motor insurance premium
Net earned premium (NEP) from the Motor segment, the largest premium line stated in the excerpts. Interpretation: motor premium is driven by vehicle sales and renewals.
Health, Travel & PA premium
NEP from Health, Travel and Personal Accident business, primarily driven by Retail Health GDPI growth.
Income from investments
Investment income on the insurer's portfolio, reported in the revenue account as interest, dividend, rent and realised gains.
1 more statement
Fire premium
NEP from the Fire segment.

Customers & channels

4 verified
Channel partners and distributors
Agents, point-of-sale agents, corporate agents, banks and brokers that sell policies; the company lists commission and rewards as a stakeholder concern.
Individual agents including POS
Agency force that the company reports as its main distribution count. Interpretation: agent count drives sales reach.
Multi-channel distribution
Key channels are direct sales, individual agents, corporate agents (banks and others), Motor Insurance Service Providers, brokers and digital.
1 more statement
Government and Rural Business Group
A business group serving government and rural customers, listed as a segment.

Regulators

3 verified
IRDAI
Insurance regulator that issues rules on accounting recognition of premium, premium changes for senior citizen health products and product distribution.
Insurance Act, 1938 and IRDA Act, 1999
Statutes the company must comply with, covering registration terms, custody of policyholder funds and investment of policyholder funds.
International Financial Services Centres Authority
Governs the company's international operations under the IFSC Act, including the GIFT City office.

Regulatory dependencies

5 verified
Senior citizen health premium cap
Caps annual premium increases on senior citizen health policies at 10%. Interpretation: a lower cap would reduce price-led premium growth on that product.
Prior approval for senior health premium hikes
Increases above 10% need prior IRDAI approval, and discontinuing a senior health product needs consultation. Interpretation: this limits the company's ability to reprice and exit these products.
1/n premium recognition
Long-term premium is recognised over the policy period instead of upfront. The excerpts say this weighed on Health growth in FY2025.
2 more statements
UPI-linked Bima-ASBA facility
Premium is blocked in the prospect's bank account until underwriting is complete. Interpretation: this changes the timing of cash receipts and policy issuance.
De-tariffing
Removal of tariff rates is a pricing change the company says it responds to. Interpretation: freer pricing lets the company set its own premiums.

Sensitivities

6 verified
Global oil prices and borrowing rates
The excerpts link range-bound oil prices and lower borrowing rates to stronger consumer spending. Interpretation: lower rates and oil support premium demand.
Middle East geopolitical conflict
The conflict has intensified marine, aviation and trade credit risks for Indian businesses. Interpretation: escalation raises claims exposure in Marine and Aviation.
Investment market movements
Market risk sits mainly in the investment portfolio. Interpretation: falling asset prices or rising yields affect investment income and capital.
3 more statements
Rural harvest and festive season
Rural demand is supported by a favourable kharif harvest and festive season consumption.
Catastrophe events
Likely CAT losses from climate events are budgeted each year. Interpretation: a higher frequency or severity of CAT events raises claims.
Reinsurer credit exposure
Credit risk arises from reinsurance placements with global reinsurers. Interpretation: a reinsurer downgrade or failure would hit recoveries.

Cost inputs

4 verified
Commission and acquisition costs
Acquisition costs vary with new and renewal business, and commission is named as one of them.
Claims incurred
Claims include paid claims, outstanding liability, IBNR and IBNER estimates, and settlement costs.
Employees' remuneration and welfare benefits
Largest named expense row in the segment expense schedule for FY2025-26.
1 more statement
NAT CAT protection
Reinsurance protection for natural catastrophes is budgeted annually. Interpretation: its cost is a recurring expense driven by CAT history.

Geographies

2 verified
India, Tier 3 and Tier 4 cities
Distribution is being extended into smaller cities to raise penetration.
International business and GIFT City
International Business Group covers international risks and acts as reinsurer in identified markets; the company set up an IFSC office at GIFT City.
Each statement is checked word for word against the FY2026 annual report; the passages are in the app.

What changed recently?

Q1 FY2027 results filed (15 Jul 2026).

Change log

8 entries · newest first
  1. Results filedQ1 FY2027 results filed.
  2. Corporate actionDividend - Rs 7 Per Share.
  3. Results filedQ4 FY2026 results filed.
  4. Results filedQ3 FY2026 results filed.
  5. Corporate actionInterim Dividend - Rs 6.50 Per Share.
  6. Results filedQ2 FY2026 results filed.
  7. Results filedQ1 FY2026 results filed.
  8. Corporate actionDividend - Rs 7 Per Share.
Get alerts →Sign in to be told when any of these change.

What this page does not tell you

What could not be judged, and why. Never empty.
  • Models not runFair value, EPV, Graham number, Graham value, Lynch, Owner earnings: no valuation stored.
  • FlagsCLEAN on 10 of 22 lender flags judged; no red flag; 12 could not be judged.
  • Data gapsDividend yield, PEG (vendor), Business quality, Quality score, Net interest margin, Gross NPA and 10 more: not available yet.
Not applicable to a bank, lender or insurer · 12
  • Altman ZAltman Z reads working capital and sales over assets, which a lender's balance sheet does not have.
  • Piotroski F-scorePiotroski's leverage and liquidity checks read deposits and borrowings as weakness.
  • Beneish M-scoreThe Beneish model reads receivables, margins and depreciation that a lender's accounts do not report.
  • Operating marginInterest is a lender's cost of goods, so operating profit before interest is not defined.
  • Interest coverageInterest is a lender's main cost, not a charge on operating profit.
  • Debt to equityBorrowings and deposits are a lender's raw material; gearing is judged by capital adequacy instead.
  • EV/EBITDAEnterprise value adds borrowings to market cap; for a lender borrowings are the business, not a claim on it.
  • FCF yieldOperating cash flow less capex is not free cash flow for a lender: loan growth sits in operating cash flow.
  • Cash conversion cycleA lender's receivables are its loan book, not invoices waiting to be paid.
  • Asset turnoverA lender earns a spread on its assets, not a turnover of them.
  • ROCEEBIT over capital employed reads a lender's interest income against its borrowings; return on assets and return on equity are the lender's measures.
  • ROCE, 10-year averageEBIT over capital employed reads a lender's interest income against its borrowings; return on assets is the lender's measure (HDFC Bank's 1.7% ten-year ROCE means nothing).

What this page rests on

✓10 years of annual statements, through FY2026 (Mar-26)✓10 quarters of results✓109 months of month-end prices, adjusted for bonuses and splits○no valuation of ours yet✓business-model card FY2026 · 41 verified

Questions people ask

What is ICICI Lombard General Insurance Company's share price today?

ICICI Lombard General Insurance Company last traded at ₹1,674.00 on the NSE, as of 12 Oct 2026, 11:00 pm IST, down 1.0% on the day, down 7.8% over a year. Its 52-week range is ₹1,423 to ₹2,065. The live price is in the app.

What is ICICI Lombard General Insurance Company's market cap?

ICICI Lombard General Insurance Company's market capitalisation is about ₹84,450 crore: what it would cost to buy every share at today's price. That makes it the 33rd largest mid cap company we cover.

Is ICICI Lombard General Insurance Company Ltd a large cap, mid cap or small cap?

ICICI Lombard General Insurance Company Ltd (ICICIGI) is a mid cap company in AMFI's classification for Jan-Jun 2026. SEBI's buckets go by rank on six-month average market capitalisation: the top 100 are large caps, 101 to 250 mid caps, the rest small caps.

What is ICICI Lombard General Insurance Company Ltd's P/E ratio?

34.64, vs peers 45.4 · 2nd of 9. Price divided by last year's earnings per share: how many years of today's profit you pay for.

Is ICICI Lombard General Insurance Company Ltd overvalued?

Cheap, with low confidence: no valuation within 120 days; P/E 34.6 vs peers 45.4 (2nd of 9); P/B 5.1 vs peers 5.6 (5th of 9). Cheap for a reason: A negative 5-year return.

How does ICICI Lombard General Insurance Company Ltd make money?

ICICI Lombard General Insurance Company Limited sells non-life insurance products, including motor, health, fire and marine cover, to retail, corporate, government and rural customers. It earns mainly net earned premium from these lines and income from its investment portfolio.

Why is there no Altman Z or debt to equity for ICICI Lombard General Insurance Company?

Borrowing is a bank's or lender's raw material, so those ratios mislead. Net interest margin, gross NPA, return on assets and the capital ratios are shown instead.

Who are ICICI Lombard General Insurance Company Ltd's peers?

Compared with 8 Insurance (the industry, as the basic industry was too small): SBI Life Insurance Company Ltd, HDFC Life Insurance Company Ltd, ICICI Prudential Life Insurance Company Ltd, General Insurance Corporation of India, Max Financial Services Ltd and 3 more. The app shows how they compare on every figure.

Is this investment advice?

No. Valarth is a research and learning tool and is not a SEBI-registered investment adviser or research analyst. The figures come from the company's filings and the exchanges; what to do with them is your call.

How did ICICI Lombard General Insurance Company do last quarter?

ICICI Lombard General Insurance Company reported income of ₹7,102 Cr, up 12.7% on a year earlier and a net profit of ₹403 Cr, up 10.5% in the Jun 2026 quarter.

Who owns ICICI Lombard General Insurance Company?

ICICI Lombard General Insurance Company is held by promoters 51.2%, foreign institutions 21.4%, domestic institutions 20.8%.

Does ICICI Lombard General Insurance Company pay a dividend?

ICICI Lombard General Insurance Company last paid ₹7.00 a share, ex-dividend 29 May 2026; nothing in the past 12 months counts toward a yield.

What do analysts say about ICICI Lombard General Insurance Company?

24 analysts cover ICICI Lombard General Insurance Company, and the consensus is hold. A consensus is a count of opinions, not a forecast; read it beside the numbers.

Everything on ICICI Lombard General Insurance Company, and 6,621 other companies, with 212 filters and the full peer tables

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