ICICIBANK
ICICI Bank share price & financials
- Price
- ₹1,346.5
- Market cap
- ₹10.2L Cr
- Sector
- Financial Services
- Calls analysed
- 8
ICICI Bank Q1 FY27
What went well
- Profit before tax excluding treasury grew by 20.9% year-on-year to 189.75 billion Rupees.
- Core operating profit increased by 15.6% year-on-year to 202.35 billion Rupees.
- Total deposits grew by 14.0% year-on-year and 2.2% sequentially.
What to watch
- ICICI General's profit after tax declined by 46.1% year-on-year to 4.03 billion Rupees, impacted by an increase in reserves due to a judicial pronouncement.
- ICICI Bank Canada's profit after tax decreased to 5.3 million Canadian dollars from 7.8 million Canadian dollars in Q1 last year.
What ICICI Bank does
ICICI Bank is a private-sector universal bank in India offering retail, rural, business-banking, corporate/wholesale and treasury services, earning primarily from interest on advances and fee income. It operates a nationwide branch and ATM network alongside overseas branches and wholly-owned banking subsidiaries in the UK and Canada. Through group companies it also runs life insurance, general insurance, asset management, securities broking and home finance businesses.
Segments
- Retail
- Wholesale
- Treasury
- Others
- Total branches (Mar 31, 2026)
- 7,511
- ATMs and cash recycling machines
- 12,087
- Branch footprint by centre type
- 2,356 metro, 1,507 urban, 1,956 semi-urban, 1,692 rural
- International presence
- Overseas branches plus wholly-owned banking subsidiaries ICICI Bank UK and ICICI Bank Canada
- Key group companies
- ICICI Prudential Life Insurance, ICICI Lombard General Insurance, ICICI Prudential AMC, ICICI Securities, ICICI Home Finance
- Asset-management subsidiary position
- Market leader in equity and equity-hybrid mutual fund schemes in India
Guidance record · Q1 FY27
what the last two calls moved 18 tracked 7 delivered 6 missed 5 open- Provisioning cost as percentage of average advances delivered said Q2 FY25 Promised: around 50 bps Q1 FY27: FY26 target was met. No new guidance for FY27 credit cost was provided.
- Loan and Deposit Growth missed said Q3 FY25 Promised: largely move in tandem Q1 FY27: Loan growth (19.6% YoY) continues to significantly outpace deposit growth (14.0% YoY).
- Portfolio requiring PSL conformity resolution on track said Q2 FY26 Promised: Rs. 200 to 250 billion Q1 FY27: Management confirmed they are working on remediation and hope to 'work it out over the next few months'.
All 18 tracked — every revision, and every one management stopped mentioning.
Open the guidance ledgerQuarterly results
Q1 FY27: revenue up 6.4%, net profit up 12.6% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 46,326 | 47,037 | 48,387 | 49,080 | 48,181 +4% | 48,364 +3% | 49,594 +2% | 52,241 +6% |
| Net profit | 13,906 | 13,847 | 14,354 | 14,456 | 14,318 +3% | 13,481 −3% | 15,681 +9% | 16,276 +13% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance −1.8% 1Y
1Y: ₹1,403.9 on 10 Sept 2025 → ₹1,379.3. High ₹1,463.1 (21 Jul 2026), low ₹1,205.9 (30 Mar 2026).
How the price took the results
close before → close after
- Q1 FY27
- +1.1%
- 18 Jul
- Q4 FY26
- +0.7%
- 18 Apr
- Q3 FY26
- −2.1%
- 17 Jan
- Q2 FY26
- −3.2%
- 18 Oct
The move from the last close before each results date to the first close after it — the market's first read on the quarter, not the quarter itself.
Financials, as filed
Revenue grew 18.4% a year over 3 years, FY23 to FY26.
| Year ending | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Revenue | ₹117.6k Cr | ₹159.5k Cr | ₹186.3k Cr | ₹195.2k Cr |
| Interest | ₹49.4k Cr | ₹74.1k Cr | ₹89.0k Cr | ₹89.0k Cr |
| Depreciation | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Net profit | ₹34.3k Cr | ₹46.1k Cr | ₹54.6k Cr | ₹57.9k Cr |
| Net margin | 29.2% | 28.9% | 29.3% | 29.7% |
| ROE | 17.0% | 19.0% | 18.0% | 16.0% |
How to read this
From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.
Balance sheet
| Year ending | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹1.4k Cr | ₹1.4k Cr | ₹1.4k Cr | ₹1.4k Cr | ₹1.4k Cr | ₹1.4k Cr |
| Reserves | ₹156.2k Cr | ₹180.7k Cr | ₹213.1k Cr | ₹254.7k Cr | ₹331.8k Cr | ₹361.6k Cr |
| Borrowings | ₹143.9k Cr | ₹161.6k Cr | ₹189.1k Cr | ₹207.4k Cr | — | ₹220.3k Cr |
| Deposits | ₹959.9k Cr | ₹1091.4k Cr | ₹1210.8k Cr | ₹1443.6k Cr | — | ₹1830.0k Cr |
| Other liabilities | ₹312.4k Cr | ₹317.6k Cr | ₹344.1k Cr | ₹456.9k Cr | ₹492.1k Cr | ₹501.2k Cr |
| Total liabilities | ₹1573.8k Cr | ₹1752.6k Cr | ₹1958.5k Cr | ₹2364.1k Cr | ₹2686.5k Cr | ₹2914.5k Cr |
| Fixed assets | ₹10.8k Cr | ₹10.7k Cr | ₹11.1k Cr | ₹15.7k Cr | ₹16.6k Cr | ₹28.0k Cr |
| Capital work in progress | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Investments | ₹536.6k Cr | ₹567.1k Cr | ₹639.6k Cr | ₹827.2k Cr | ₹899.8k Cr | ₹870.7k Cr |
| Other assets | ₹1026.4k Cr | ₹1174.8k Cr | ₹1307.9k Cr | ₹1521.2k Cr | ₹1770.1k Cr | ₹2015.8k Cr |
| Total assets | ₹1573.8k Cr | ₹1752.6k Cr | ₹1958.5k Cr | ₹2364.1k Cr | ₹2686.5k Cr | ₹2914.5k Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Jun 2026
Since Jun 2025, the public added +14.62 pp while FIIs trimmed −12.98 pp. The shareholder count grew 12% to 21,04,810.
- FIIs
- 33.8%
- DIIs
- 42.3%
- Government
- 0.2%
- Public
- 23.7%
Since Jun 2025
- Public +14.62 pp
- FIIs −12.98 pp
- DIIs −1.59 pp
How it drifted, 12 quarters
Over this window the public went from 10.1% to 23.7% — +13.6 pp.
Ownership split by quarter, oldest first. Sep '23: FIIs 44.4%, DIIs 45.3%, Government 0.3%, Public 10.1%.Dec '23: FIIs 43.6%, DIIs 46.0%, Government 0.3%, Public 10.1%.Mar '24: FIIs 44.8%, DIIs 45.1%, Government 0.3%, Public 9.8%.Jun '24: FIIs 45.5%, DIIs 44.5%, Government 0.3%, Public 9.8%.Sep '24: FIIs 46.2%, DIIs 44.2%, Government 0.3%, Public 9.3%.Dec '24: FIIs 45.7%, DIIs 45.0%, Government 0.3%, Public 9.1%.Mar '25: FIIs 45.8%, DIIs 44.8%, Government 0.3%, Public 9.1%.Jun '25: FIIs 46.8%, DIIs 43.9%, Government 0.3%, Public 9.1%.Sep '25: FIIs 45.6%, DIIs 45.1%, Government 0.3%, Public 9.1%.Dec '25: FIIs 43.9%, DIIs 46.7%, Government 0.3%, Public 9.1%.Mar '26: FIIs 34.5%, DIIs 39.9%, Government 0.2%, Public 25.4%.Jun '26: FIIs 33.8%, DIIs 42.3%, Government 0.2%, Public 23.7%.
Who bought this quarter
since Mar 2026
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- Deutsche Bank Trust Company Americas newly disclosed 16.03% held
- SBI Mutual Fund Mutual fund +0.77 pp 6.27% held
- NPS Trust Pension / PF +0.28 pp 3.38% held
- Nippon Life India Mutual Fund Mutual fund +0.16 pp 2.55% held
- HDFC Mutual Fund Mutual fund +0.11 pp 3.58% held
- SBI Life Insurance Co. Ltd Insurer +0.09 pp 1.43% held
- UTI Mutual Fund Mutual fund +0.08 pp 2.21% held
- Government Pension Fund Global Sovereign +0.07 pp 1.43% held
The same filing shows 2 holders trimming and 1 off the list — both are in the register beside this.
Who is on the register
Named in the Jun 2026 filing
Every holder of ICICI Bank above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Deutsche Bank Trust Company Americas | 16.03% | newly disclosed |
| SBI Mutual Fund Mutual fund | 6.27% | +0.77 pp |
| ICICI Prudential Mutual Fund Mutual fund | 4.40% | unchanged |
| Life Insurance Corporation Of India Insurer | 4.35% | −0.10 pp |
| HDFC Mutual Fund Mutual fund | 3.58% | +0.11 pp |
| NPS Trust Pension / PF | 3.38% | +0.28 pp |
| Nippon Life India Mutual Fund Mutual fund | 2.55% | +0.16 pp |
| UTI Mutual Fund Mutual fund | 2.21% | +0.08 pp |
| Government Of Singapore - E Sovereign | 1.50% | −0.14 pp |
| Government Pension Fund Global Sovereign | 1.43% | +0.07 pp |
| SBI Life Insurance Co. Ltd Insurer | 1.43% | +0.09 pp |
| Kotak Mutual Fund Mutual fund | 1.21% | +0.07 pp |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
Mutual funds in ICICIBANK
Filings to Aug 2026
0 new, 19 added, 25 trimmed, 2 sold out — net −110.29 L shares (−1.3%).
- Held by funds
- ₹117.5k Cr
- 86 schemes
- Biggest holder
- SBI Nifty 50 ETF
- ₹20.2k Cr · 9.4% of that fund
| Scheme | Holding | Last month | Held since |
|---|---|---|---|
| SBI Nifty 50 ETF SBI Mutual Fund | ₹20.2k Cr | +7.31 L | Aug '21 |
| SBI BSE Sensex ETF SBI Mutual Fund | ₹13.9k Cr | +9.50 L | Aug '21 |
| HDFC Flexi Cap Fund HDFC Mutual Fund | ₹10.2k Cr | −0.10 L | Dec '22 |
| Nippon India ETF Nifty 50 BeES Nippon India Mutual Fund | ₹6.3k Cr | +8.76 L | Jan '19 |
| HDFC Balanced Advantage Fund HDFC Mutual Fund | ₹5.6k Cr | held | Dec '22 |
| SBI Large Cap Fund SBI Mutual Fund | ₹4.8k Cr | held | Aug '21 |
| HDFC Large Cap Fund HDFC Mutual Fund | ₹4.0k Cr | held | Dec '24 |
| SBI Aggressive Hybrid Fund SBI Mutual Fund | ₹3.9k Cr | held | Aug '21 |
HDFC, Nippon India and SBI schemes, from their monthly disclosures. Changes are counted in shares, so a price move never looks like buying or selling.
Mutual funds Aug 2026
19 added, 25 trimmed — net −1.10 cr shares (−1.3%)
- Funds are sitting on
- +35%
- vs est. average cost
- Held by funds
- ₹117.5k Cr
- 86 schemes · ≈ 11% of the company
- Biggest holder
- SBI Nifty 50 ETF
- ₹20.2k Cr · 9.4% of that fund
- Longest holder
- Nippon India Large Cap Fund
- 14y · since Sep '12
Shares held by these funds +37%
Aug '23 82.03 cr shares Jul '26
All earnings calls (7)
Read the Q1 FY27 call →Learn to analyse ICICI Bank
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