NSE: ICICIGI · BSE: 540716 · ISIN INE765G01017
ICICI Lombard General Insurance Company Limited stock analysis
ICICI Lombard General Insurance Company Limited ranks #1315 in the TickerSutra evidence-ranked universe with a score of 54/100 and 95% data confidence. The latest captured fundamentals show ROCE of 21.9%, quarterly sales growth of 10.8% and quarterly profit growth of -46.0%.Monitor only
INVESTMENT EVIDENCE
What supports—and challenges—the thesis
Evidence in favour
- ROCE is 21.9%
- Low debt/equity of 0×
- Institutional ownership is rising
- CWIP indicates an active capacity pipeline
- No promoter shares are reported as pledged
Risks and constraints
- No calculated threshold risk in the current snapshot.
Still unresolved: Related-party exposure · Broad media sentiment
FINANCIAL TRAJECTORY
Recent operating history
| Period | Revenue | Operating profit | Net profit | Operating margin |
|---|---|---|---|---|
| 2022 | ₹16,026cr | ₹1,016cr | ₹1,271cr | 6.0% |
| 2023 | ₹17,876cr | ₹1,264cr | ₹1,729cr | 7.0% |
| 2024 | ₹20,572cr | ₹2,654cr | ₹1,919cr | 13.0% |
| 2025 | ₹23,961cr | ₹3,407cr | ₹2,508cr | 14.0% |
| 2026 | ₹26,994cr | ₹3,731cr | ₹2,772cr | 14.0% |
| TTM | ₹27,687cr | ₹3,107cr | ₹2,428cr | 11.0% |
EXCHANGE EVENT TRIGGERS
Latest corporate disclosures
ICICI Lombard General Insurance Company Limited has informed the Exchange about Digital Day - link for the video for the presentation to be used during the Meet.
RoutineICICI Lombard General Insurance Company Ltd - 540716 - Digital Day - Link For The Video For The Presentation To Be Used During The Meet.BSE · 29 Sept 2026Please find enclosed, Digital Day - Link for vedio presentation.
RoutineICICI Lombard General Insurance Company Ltd - 540716 - Digital Day Meet 2026 - PresentationBSE · 29 Sept 2026Please find enclosed Digital Day presentation.
RoutineTrading WindowBSE · 29 Sept 2026ICICI Lombard General Insurance Company Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015
RoutineICICI Lombard General Insurance Company Ltd - 540716 - Board Meeting Intimation for Approving Audited Financial Results & Audited Financial Statements For The Quarter And Half-Year Ending On September 30, 2026 And Declaration Of Interim Dividend, If AnyBSE · 29 Sept 2026ICICI Lombard General Insurance Company Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 14/10/2026 ,inter alia, to consider and approve Audited ....
MANAGEMENT COMMENTARY
Signals from filed documents
We continue to hold an industry-leading position in the Marine Cargo and Liability lines of business and are among the leading players in the Fire and Engineering segments. Fire The segment witnessed heightened competitive intensity due to pricing pressure and evolving risk dynamics, while IL remained focused on profitable and sustainable growth through disciplined underwriting, prudent risk selection and effective l
This performance was driven by strong stakeholder engagement and deep domain expertise, resulting in an expansion of market share on GDPI from 16.8% in FY2025 to 17.3% in FY2026. Liability In FY2026, we saw a marginal growth of 0.3% while maintaining market leadership with a 16.8% market share, driven by strategic portfolio actions including disciplined capacity deployment and selective underwriting to realign large
0.1 million+ Customers assisted 3,000 Hospitals covered across 60 cities 8.5% Market share (on GDPI basis) in FY2026 Zero Instance of default on debt portfolio since inception K337.94 Book value per share in FY2026 326 Corporate agents #Domestic credit rating ICICI Lombard General Insurance Company Limited 08 Pillars of Excellence Elevating Customer Experience and Trust Our commitment to customer delight drives our a
Further, the Health segment continued to be the largest contributor to the general insurance industry product mix, followed by Motor segment, further aided by the exemption of GST on individual health insurance premiums announced during FY2026. The Commercial lines segment delivered moderate growth during FY2026, with momentum moderating in the second half of the year due to heightened competitive intensity and prici
The Members of the Company at their Twenty-Fifth (25 th) AGM held on June 30, 2025 has approved the revision in remuneration including grant of stock options to Mr. Subsequently, the remuneration excluding grant of stock options was also approved by IRDAI on January 16, 2026. The Board of Directors of the Company, at their Meeting held on April 15, 2026, based on the recommendation of the Board Nomination and Remuner
• Well-structured succession planning processes for Directors, KMPs, and Senior Management to ensure continuity and leadership stability. The Company continued to feature in the “Leadership” category for the third consecutive year in the Corporate Governance assessment which is developed by Institutional Investor Advisory Services India Limited (“IiAS”) with support from International Finance Corporation (“IFC”) and
Underwriting Risk Underwriting risk arises from the Company’s decisions on risk selection, pricing, product design and portfolio retention. It includes factors such as customer concentration, adequacy of technical reserves, pricing risk and other relevant categories. These exposures are continuously monitored to ensure alignment with the Company’s risk appetite, reinsurance strategy and overall portfolio quality.
HOW TO READ THIS PAGE
Evidence, freshness and limitations
What does the TickerSutra score mean?
The score ranks captured evidence across financial quality, growth, moat and margins, regulatory catalysts, governance, institutional trend and valuation comfort. It is a research-prioritization tool—not a buy recommendation or price target.
Which sources support this page?
Financial history, ownership and pledge data, NSE and BSE filings, annual reports and available earnings-call transcripts are combined here. Use the source trail and original exchange document before relying on a decision-critical fact.
Why can an item be unresolved?
Unresolved means the current captured source window did not provide enough evidence for that check. It does not establish that a risk or relationship is absent.
Maintained by TickerSutra Research · Snapshot updated 29 Sept 2026 · Read the methodology · Read the disclaimer
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