ICICIGI

ICICI Lombard General Insurance Company share price & financials

Price
₹1,612.2
Market cap
₹81.0k Cr
Sector
Financial Services
Calls analysed
6
Latest concall · Q1 FY27 · call held 15 Jul 2026

ICICI Lombard General Insurance Company Limited Q1 FY27

Profit After Tax 4.03 billion −46%

What went well

  • Company GDPI grew 7.5% in Q1 FY27 to ₹83.18 billion, driven by retail lines.
  • Retail Health business grew 69.5% in Q1 FY27, significantly outperforming the industry's 31.6% growth, and market share improved to 4.5%.
  • IL TakeCare app achieved 22.1 million downloads, with GWP from the app growing to ₹1,545.3 million in Q1 FY27 from ₹932.0 million in Q1 FY26.

What to watch

  • Profit Before Tax (PBT) de-grew by 46.1% to ₹5.36 billion in Q1 FY27 compared to ₹9.94 billion in Q1 FY26.
  • Profit After Tax (PAT) de-grew by 46.0% to ₹4.03 billion in Q1 FY27 compared to ₹7.47 billion in Q1 FY26.
Read the full call →

What ICICI Lombard General Insurance Company Limited does

ICICI Lombard General Insurance Company Limited is a private-sector general (non-life) insurer that underwrites and sells a diversified portfolio of insurance products, including motor, health & personal accident, fire, marine, engineering, crop and liability covers. It earns premium income by underwriting these risks and distributes policies through a multi-channel network spanning branches, insurance brokers, corporate agents, individual agents (including Point of Sale agents) and its digital IL TakeCare app. The company was the first large-scale insurer in India to migrate its entire core IT systems to the cloud and uses AI-powered tools across sourcing, claims and customer service. It operates under IRDAI regulation (Registration No. 115) and is majority-owned by ICICI Bank.

Segments

  • Motor
  • Health, Travel & PA
  • Property & Casualty (P&C)
  • Crop
Market position
Leading private general insurance company in India
Branches
341
Employees
15,008
Individual agents (incl. Point of Sale)
157,101
Insurance brokers on distribution panel
800
Corporate agents
326
Founded 2001Headquarters Mumbai, Maharashtra, IndiaEmployees 15,008 (March 31, 2026) Company website

Guidance record · Q1 FY27

what the last two calls moved 9 tracked 0 delivered 5 missed 4 open
  • Motor Loss Ratio went quiet said Q4 FY25 Promised: range... has been between 65% to 67% Q1 FY27: Management did not provide a specific motor loss ratio for Q1. Given the Supreme Court judgement impacting Motor TP, the historical 65-67% range is no longer being guided. Management is waiting to see how variables play out.
  • Return on Average Equity (ROAE) at risk said Q4 FY25 Promised: long term to move towards 18% to 20% Q1 FY27: ROAE for Q1 FY27 was 9.6%, significantly below the long-term target range, impacted by provisions and large losses.
  • Dividend Payout Ratio on track said Q4 FY26 Promised: roughly about 25% of our PAT Q1 FY27: No dividend declared in Q1, as is typical. This is an annual policy to be evaluated at year-end.

All 9 tracked — every revision, and every one management stopped mentioning.

Open the guidance ledger

Quarterly results

Q1 FY27: revenue up 10.8%, net profit down 46.1% against the same quarter last year.

₹ Cr · quarterly
Line itemQ2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26Q4 FY26Q1 FY27
Revenue6,147 6,161 6,051 6,396 6,869 +12%6,905 +12%6,825 +13%7,088 +11%
EBITDA940 962 609 981 1,044 +11%854 −11%686 +13%522 −47%
Net profit694 724 510 747 820 +18%659 −9%547 +7%403 −46%
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 −21.3% 1Y

₹1.6k₹1.8k₹2.0kSept 25Oct 25Dec 25Jan 26Mar 26Apr 26Jun 26Jul 26Sept 26Q2 FY26 — 14 Oct 2025Q3 FY26 — 13 Jan 2026Q4 FY26 — 20 Apr 2026Q1 FY27 — 15 Jul 2026

1Y: ₹1,855.2 on 10 Sept 2025 → ₹1,459.8. High ₹2,042.9 (17 Nov 2025), low ₹1,459.8 (11 Sept 2026).

How the price took the results

close before → close after

Q1 FY27
+1.5%
15 Jul
Q4 FY26
−0.8%
20 Apr
Q3 FY26
−1.3%
13 Jan
Q2 FY26
+1.2%
14 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 14.7% a year over 3 years, FY23 to FY26. Operating margin widened to 13.2%.

Year endingFY23FY24FY25FY26
Revenue₹17.9k Cr₹20.6k Cr₹24.0k Cr₹27.0k Cr
Operating profit₹1.1k Cr₹2.5k Cr₹3.3k Cr₹3.6k Cr
Operating margin6.3%12.2%13.7%13.2%
Interest₹0 Cr₹0 Cr₹0 Cr₹0 Cr
Depreciation₹0 Cr₹0 Cr₹0 Cr₹0 Cr
Net profit₹1.7k Cr₹1.9k Cr₹2.5k Cr₹2.8k Cr
Net margin9.7%9.3%10.5%10.3%
ROCE21.0%23.0%24.0%22.0%
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 endingFY21FY22FY23FY24FY25FY26
Equity capital₹455 Cr₹491 Cr₹491 Cr₹493 Cr₹497 Cr₹498 Cr
Reserves₹7.1k Cr₹8.7k Cr₹10.0k Cr₹11.7k Cr₹15.5k Cr₹16.1k Cr
Borrowings₹485 Cr₹255 Cr₹35 Cr₹35 Cr₹0 Cr₹0 Cr
Other liabilities₹31.2k Cr₹41.4k Cr₹44.6k Cr₹51.1k Cr₹43.3k Cr₹59.5k Cr
Total liabilities₹39.3k Cr₹50.8k Cr₹55.1k Cr₹63.3k Cr₹59.3k Cr₹76.1k Cr
Fixed assets₹717 Cr₹941 Cr₹883 Cr₹930 Cr₹843 Cr₹834 Cr
Capital work in progress₹14 Cr₹11 Cr₹25 Cr₹94 Cr₹0 Cr₹88 Cr
Investments₹30.8k Cr₹38.4k Cr₹42.8k Cr₹48.6k Cr₹56.2k Cr₹58.3k Cr
Other assets₹7.8k Cr₹11.5k Cr₹11.3k Cr₹13.7k Cr₹2.2k Cr₹16.9k Cr
Total assets₹39.3k Cr₹50.8k Cr₹55.1k Cr₹63.3k Cr₹59.3k Cr₹76.1k 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, DIIs added +3.12 pp while FIIs trimmed −2.49 pp. The shareholder count shrank 5% to 2,29,599.

Promoters
51.2%
FIIs
21.4%
DIIs
20.6%
Government
0.1%
Public
6.6%

Since Jun 2025

  • DIIs +3.12 pp
  • FIIs −2.49 pp
  • Public −0.40 pp

How it drifted, 12 quarters

Over this window the public fell from 11.1% to 6.6% — −4.5 pp.

Sep '23Dec '24Jun '26

Ownership split by quarter, oldest first. Sep '23: Promoters 48.0%, FIIs 22.4%, DIIs 18.4%, Government 0.1%, Public 11.1%.Dec '23: Promoters 47.9%, FIIs 23.0%, DIIs 17.9%, Government 0.1%, Public 11.1%.Mar '24: Promoters 51.3%, FIIs 23.1%, DIIs 16.0%, Government 0.1%, Public 9.6%.Jun '24: Promoters 51.8%, FIIs 23.9%, DIIs 17.1%, Government 0.1%, Public 7.0%.Sep '24: Promoters 51.7%, FIIs 24.8%, DIIs 16.6%, Government 0.1%, Public 6.9%.Dec '24: Promoters 51.6%, FIIs 24.4%, DIIs 17.2%, Government 0.1%, Public 6.7%.Mar '25: Promoters 51.5%, FIIs 23.7%, DIIs 17.7%, Government 0.1%, Public 6.9%.Jun '25: Promoters 51.5%, FIIs 23.9%, DIIs 17.5%, Government 0.1%, Public 7.0%.Sep '25: Promoters 51.4%, FIIs 24.0%, DIIs 17.4%, Government 0.1%, Public 7.1%.Dec '25: Promoters 51.3%, FIIs 23.4%, DIIs 18.3%, Government 0.1%, Public 7.0%.Mar '26: Promoters 51.3%, FIIs 22.3%, DIIs 19.4%, Government 0.1%, Public 6.9%.Jun '26: Promoters 51.2%, FIIs 21.4%, DIIs 20.6%, Government 0.1%, Public 6.6%.

Who was buying across the market this quarter →

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.

The same filing shows 2 holders trimming and 0 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 Lombard General Insurance Company Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.

HolderStakeChange
ICICI Bank Ltd Bank51.18%−0.08 pp
ICICI Prudential Mutual Fund through various schemes Mutual fund2.87%+0.06 pp
Government Pension Fund Global Sovereign2.73%+0.26 pp
NPS Trust Pension / PF2.46%+0.13 pp
SBI Mutual Fund through various schemes Mutual fund1.77%+0.21 pp
Kotak Mahindra Mutual Fund through various schemes Mutual fund1.60%unchanged
Nippon Life India Mutual Fund Through Various Schemes Mutual fund1.51%−0.08 pp
HDFC Mutual Fund through various schemes Mutual fund1.40%+0.20 pp
Bandhan Mutual Fund Through Various Schemes Mutual fund1.19%+0.16 pp
Aditya Birla Sun Life Mutual Fund Through Various Schemes Mutual fund1.13%unchanged
ICICI Prudential Life Insurance Company Limited Insurer0.04%unchanged
ICICI Bank UK PLC 0.00%unchanged

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 ICICIGI

Filings to Aug 2026

3 new, 12 added, 1 trimmed, 3 sold out — net +19.10 L shares (+9.5%).

Held by funds
₹3.5k Cr
26 schemes
Biggest holder
Nippon India Growth Mid Cap Fund
₹935 Cr · 1.8% of that fund
SchemeHoldingLast month
Nippon India Growth Mid Cap Fund Nippon India Mutual Fund₹935 Cr+12.99 L
SBI Midcap Fund SBI Mutual Fund₹627 Crheld
SBI Large Cap Fund SBI Mutual Fund₹400 Crheld
Nippon India Multi Cap Fund Nippon India Mutual Fund₹308 Crnew
HDFC Multi Cap Fund HDFC Mutual Fund₹255 Crheld
Nippon India ELSS Tax Saver Fund Nippon India Mutual Fund₹204 Crheld
HDFC ELSS Tax saver HDFC Mutual Fund₹169 Cr+0.51 L
HDFC Large and Mid Cap Fund HDFC Mutual Fund₹116 Crheld

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

12 added, 1 trimmed — net +19.10 L shares (+9.5%)

Funds are sitting on
-5%
vs est. average cost
Held by funds
₹3.5k Cr
26 schemes · ≈ 4.4% of the company
Biggest holder
Nippon India Growth Mid Cap Fund
₹935 Cr · 1.8% of that fund
Longest holder
Nippon India ETF BSE Sensex Next 50
5y 9m · since Dec '20

Shares held by these funds −29%

Aug '23 2.03 cr shares Jul '26

All earnings calls (6)

Read the Q1 FY27 call →

Learn to analyse ICICI Lombard General Insurance Company Limited

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