ICICI Prudential Life Insurance Co. Ltd. (ICICIPRULI) AI Stock Analysis

• Market Cap: ₹878.79B
• Dividend Yield: 0.14%
• Average Volume (3M): 30.74K
• Price to Earnings (P/E): 67.2
• Beta (1Y): 1.02
• Revenue Growth: -42.13%
• EPS Growth: 48.75%
• Country: IN
• Employees: 20,318
• Sector: Financial
• Sector Strength: 70
• Industry: Insurance - Life
• EPS (TTM): 2.03
• Shares Outstanding: 1,446,925,700
• 10 Day Avg. Volume: 26,372
• 30 Day Avg. Volume: 30,742
• PEG Ratio: 1.79
• Price to Book (P/B): 6.93
• Price to Sales (P/S): 1.16
• P/FCF Ratio: -8.55
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: ₹693.33
• Price Target Upside: 12.48% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 3
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 55 Neutral
• Price Target: ₹622.00 ▲(0.91% Upside)

The overall stock score of 55 reflects a mixed financial performance with strong operational efficiency but challenges in revenue growth and cash flow. Technical indicators suggest a neutral trend with weak momentum. The high P/E ratio indicates potential overvaluation, and the low dividend yield offers limited income potential.

Positive Factors

Operational Efficiency

Strong EBIT and EBITDA margins indicate efficient operations, which can lead to sustained profitability and competitive advantage in the insurance sector.

Balance Sheet Health

A low debt-to-equity ratio suggests conservative leverage, providing financial stability and flexibility to navigate market fluctuations.

Profitability

Moderate return on equity indicates the company is effectively using its equity base to generate profits, supporting long-term growth.

Negative Factors

Revenue Growth Challenges

Declining revenue growth can impact future earnings potential and market position, necessitating strategic adjustments to drive sales.

Cash Flow Issues

Negative cash flows indicate potential liquidity issues, which can constrain investment in growth opportunities and operational flexibility.

Low Net Profit Margin

A low net profit margin suggests limited profitability, which may affect the company's ability to reinvest in business expansion and innovation.

ICICI Prudential Life Insurance Co. Ltd. Business Overview & Revenue Model

Company Description

ICICI Prudential Life Insurance Company Limited provides life insurance, pension, and health insurance products to individuals and groups in India. The company also provides term life, health, savings, annuity, 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 incorporated in 2000 and is based in Mumbai, India. ICICI Prudential Life Insurance Company Limited operates as a subsidiary of ICICI Bank Limited.

How the Company Makes Money

ICICI Prudential Life Insurance generates revenue primarily through the sale of life insurance policies, which include premium payments made by policyholders. The company earns money from both traditional life insurance products, such as endowment plans and term insurance, as well as unit-linked insurance plans (ULIPs) where premiums are invested in equity and debt markets. Additionally, ICICIPRULI collects investment income from the funds managed on behalf of policyholders. A significant portion of revenue also comes from renewals of existing policies, which contribute to a stable income stream. The company may also engage in partnerships with banks and financial institutions for distribution, enhancing its reach and sales capabilities. Other factors contributing to earnings include fee-based income from managing funds and charges associated with policy administration.

ICICI Prudential Life Insurance Co. Ltd. Financial Statement Overview

Summary

ICICI Prudential Life Insurance Co. Ltd. demonstrates operational efficiency with strong EBIT and EBITDA margins. However, challenges in revenue growth and cash flow generation pose risks. The balance sheet remains stable with low leverage, but the company needs to address cash flow issues to ensure long-term financial health.

Income Statement

The income statement shows a mixed performance. The company has a strong EBIT and EBITDA margin of 61.64% for the TTM, indicating efficient operations. However, the net profit margin is relatively low at 1.78%, and there is a negative revenue growth rate of -8.5% in the TTM, suggesting challenges in revenue generation.

Balance Sheet

The balance sheet reflects a stable financial position with a low debt-to-equity ratio of 0.21, indicating conservative leverage. The return on equity is moderate at 10.59%, showing decent profitability. The equity ratio is not explicitly calculated, but the company's equity position appears solid relative to its assets.

Cash Flow

The cash flow statement reveals some concerns, with negative operating and free cash flows in the TTM. The free cash flow to net income ratio is slightly above 1, indicating that cash flow generation is not aligned with net income. The negative free cash flow growth rate suggests potential liquidity issues.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	698.86B	698.86B	891.36B	486.84B	618.94B	827.31B
Gross Profit	649.79B	650.18B	854.06B	468.20B	602.21B	812.31B
EBITDA	20.56B	16.11B	11.56B	10.97B	9.76B	11.93B
Net Income	12.62B	11.86B	8.51B	8.13B	7.59B	9.56B
Balance Sheet
Total Assets	3.28T	3.14T	2.99T	2.56T	2.44T	2.17T
Cash, Cash Equivalents and Short-Term Investments	3.45B	125.67B	8.38B	7.71B	18.08B	7.41B
Total Debt	26.00B	26.00B	12.00B	12.00B	12.00B	12.00B
Total Liabilities	3.15T	3.02T	2.88T	2.46T	2.35T	2.08T
Stockholders Equity	125.44B	119.34B	110.05B	101.28B	91.58B	91.09B
Cash Flow
Free Cash Flow	-87.75B	-96.72B	-75.52B	-1.03B	16.42B	72.29B
Operating Cash Flow	-85.44B	-94.13B	-73.15B	894.94M	18.31B	73.14B
Investing Cash Flow	66.01B	68.75B	74.20B	-11.47B	-8.16B	-50.84B
Financing Cash Flow	13.61B	14.22B	-878.50M	-1.12B	-3.19B	12.05B

ICICI Prudential Life Insurance Co. Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 616.40
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:ICICIPRULI, the sentiment is Positive. The current price of 616.4 is below the 20-day moving average (MA) of 619.11, above the 50-day MA of 606.02, and above the 200-day MA of 607.27, indicating a neutral trend. The MACD of 3.47 indicates Positive momentum. The RSI at 51.38 is Neutral, neither overbought nor oversold. The STOCH value of 61.69 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:ICICIPRULI.

ICICI Prudential Life Insurance Co. Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
HDFCLIFE	68 Neutral	₹1.60T	84.48	―	0.27%	-17.31%	11.68%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
MFSL	59 Neutral	₹549.61B	202.85	―	―	-16.19%	-53.19%
ICICIPRULI	55 Neutral	₹878.79B	67.19	―	0.14%	-42.13%	48.75%

ICICI Prudential Life Insurance Co. Ltd. Corporate Events

ICICI Prudential Life Announces H1-FY2026 Financial Results

ICICI Prudential Life Insurance Company Limited has announced the publication of its financial results for the quarter and half year ended September 30, 2025. The results were advertised in prominent newspapers, Financial Express and Loksatta, and are accessible via a Quick Response code and a weblink. This move ensures transparency and accessibility for stakeholders, reflecting the company’s commitment to regulatory compliance and effective communication.

ICICI Prudential’s Credit Rating Reaffirmed at ICRA AAA/Stable

ICICI Prudential Life Insurance Company Limited has announced that ICRA Limited has reaffirmed its credit rating at ICRA AAA/Stable for its non-convertible debentures, indicating a stable outlook. This reaffirmation underscores the company’s strong market position, supported by its strategic importance to ICICI Bank and a healthy value of new business growth. Despite a slight decline in profit margins, the company continues to show robust profitability and solvency, with expectations of continued support from ICICI Bank if needed.

ICICI Prudential Completes Dispatch of Postal Ballot Notice

ICICI Prudential Life Insurance Co. Ltd. has announced the completion of dispatching its Postal Ballot Notice to eligible members, as confirmed by a newspaper advertisement. This step is part of the company’s compliance with SEBI regulations, ensuring transparency and communication with stakeholders.

ICICI Prudential Allots Shares Under Employee Schemes

ICICI Prudential Life Insurance Company Limited has announced the allotment of a total of 11,476 equity shares under its employee stock option and stock unit schemes. This move is part of the company’s ongoing efforts to incentivize and retain its employees, potentially enhancing employee satisfaction and aligning their interests with the company’s long-term goals.

ICICI Prudential Welcomes GST Exemption on Life Insurance

ICICI Prudential Life Insurance Company Limited announced that the GST council has exempted individual life insurance policies from GST starting September 22, 2025. This reform is expected to make life insurance more affordable, boost demand, and positively impact the company’s Embedded Value by approximately 1%, benefiting stakeholders and enhancing market penetration.

ICICI Prudential Schedules Investor Meeting for September 2025

ICICI Prudential Life Insurance Company Limited has announced a scheduled meeting with investors and analysts on September 19, 2025, organized by Morgan Stanley India Company Private Limited. The meeting, part of a virtual investor group trip, aims to engage with stakeholders and discuss the company’s financials, with no unpublished price-sensitive information to be disclosed.