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

• Market Cap: ₹892.72B
• Dividend Yield: 0.14%
• Average Volume (3M): 51.04K
• Price to Earnings (P/E): 70.7
• Beta (1Y): 1.03
• Revenue Growth: -23.85%
• EPS Growth: 44.83%
• Country: IN
• Employees: 20,318
• Sector: Financial
• Sector Strength: 70
• Industry: Insurance - Life
• EPS (TTM): 2.07
• Shares Outstanding: 1,446,403,900
• 10 Day Avg. Volume: 11,020
• 30 Day Avg. Volume: 51,043
• 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: ₹679.70
• Price Target Upside: 10.13% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 10

• Rating: 59 Neutral
• Price Target: ₹662.00 ▲(7.26% Upside)

The overall score is driven by strong financial performance in terms of revenue growth and operational efficiency, despite challenges in net income and cash flow. Technical indicators suggest a bearish trend, while the high P/E ratio reflects overvaluation concerns. Limited contribution from dividends further impacts the valuation score.

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

Company Description

ICICI Prudential Life Insurance Co. Ltd. (ICICIPRULI) is a prominent life insurance company based in India. It operates in the insurance and financial services sector, offering a wide range of life insurance products and services. These include term insurance, savings and investment plans, retirement solutions, and group insurance policies, designed to meet the diverse financial needs and goals of individuals and businesses.

How the Company Makes Money

ICICI Prudential Life Insurance Co. Ltd. generates revenue primarily through the sale of its life insurance products and services. The company earns money from the premiums paid by policyholders for various insurance plans. Additionally, it generates income from investments made using the pool of premiums collected, aiming to maximize returns while ensuring the financial security of policyholders. Key revenue streams include premium income, investment income, and fees related to the management of funds. Significant partnerships, such as bancassurance agreements with ICICI Bank and other financial institutions, contribute to its distribution network and enhance its market reach, thereby supporting its revenue growth.

ICICI Prudential Life Insurance Co. Ltd. Financial Statement Overview

Summary

ICICI Prudential Life Insurance demonstrates robust revenue growth and operational efficiency, as highlighted by strong EBIT and EBITDA margins. However, challenges in net income and cash flow generation are evident, with declining net profit margins and negative free cash flow. The balance sheet remains strong with manageable leverage, but enhancing cash flow and profitability are key for sustaining growth.

Income Statement

ICICI Prudential Life Insurance has shown strong revenue growth over recent years, highlighted by a significant increase in total revenue from 2023 to 2025, despite a small dip in 2025. The gross profit margin remains consistently at 100% due to the nature of the insurance industry. Net profit margins, however, are relatively low, indicating potential inefficiencies or high costs. EBIT and EBITDA margins are robust, reflecting strong operational performance in core activities.

Balance Sheet

The company's balance sheet reveals a solid equity base with a consistent increase in stockholders' equity, contributing to a moderate equity ratio. The debt-to-equity ratio is manageable, reflecting a conservative leverage stance. Return on equity has room for improvement, suggesting opportunities to enhance profitability or asset utilization in generating shareholder value.

Cash Flow

There is a noticeable decline in operating cash flow, with free cash flow turning negative in recent years. This could be indicative of increasing operational challenges or significant capital expenditures. The company needs to focus on improving cash generation from core operations to ensure sustainable financial health.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	710.40B	710.39B	899.32B	494.23B	622.79B	832.28B
Gross Profit	710.40B	710.39B	899.32B	494.23B	622.79B	832.28B
EBITDA	678.80B	684.51B	859.24B	449.35B	586.92B	805.93B
Net Income	11.86B	11.86B	8.51B	8.13B	7.59B	9.56B
Balance Sheet
Total Assets	3.14T	3.14T	2.99T	2.56T	2.44T	2.17T
Cash, Cash Equivalents and Short-Term Investments	10.07B	10.07B	8.38B	7.71B	18.08B	7.41B
Total Debt	26.00B	26.00B	12.00B	12.00B	12.00B	12.00B
Total Liabilities	3.02T	3.02T	2.88T	2.46T	2.35T	2.08T
Stockholders Equity	119.34B	119.34B	110.05B	101.28B	92.26B	91.78B
Cash Flow
Free Cash Flow	-57.64B	-96.72B	-75.52B	-1.03B	16.42B	72.29B
Operating Cash Flow	-55.59B	-94.13B	-73.15B	894.94M	18.31B	73.14B
Investing Cash Flow	49.15B	68.75B	74.20B	-11.47B	-8.16B	-50.84B
Financing Cash Flow	14.52B	14.22B	-878.50M	-1.12B	-3.19B	12.05B

ICICI Prudential Life Insurance Co. Ltd. Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 617.20
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Negative
• MACD: Negative
• 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 Neutral. The current price of 617.2 is below the 20-day moving average (MA) of 619.81, below the 50-day MA of 636.14, and below the 200-day MA of 629.69, indicating a neutral trend. The MACD of -7.15 indicates Negative momentum. The RSI at 47.31 is Neutral, neither overbought nor oversold. The STOCH value of 60.02 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral 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
Sector *	68 Neutral	$17.48B	11.72	10.44%	3.82%	10.01%	1.29%
HDFCLIFE	61 Neutral	₹1.65T	87.73		0.27%	-5.42%	14.77%
ICICIPRULI	59 Neutral	₹892.72B	70.66		0.14%	-23.85%	44.83%

ICICI Prudential Life Insurance Co. Ltd. Corporate Events

ICICI Prudential Transfers Shares to IEPF

ICICI Prudential Life Insurance Company Limited has announced the transfer of shares to the Investor Education and Protection Fund (IEPF) as per regulatory requirements. This move, communicated through newspaper advertisements, aligns with the company’s compliance with the Companies Act, 2013, ensuring transparency and adherence to financial regulations.