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ICICI Lombard General Insurance Company share price & results

ICICI Lombard General Insurance Company Limited· Financial Services

Results to
Sept 2026
Latest analysed call
Q2 FY27
Ownership as of
Sept 2026

India's leading private general insurer, offering motor, health, fire, marine, crop and liability insurance.

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Reported

The figures, each with its period

Each figure keeps its basis and period; nothing is filled in.

MetricValueChangeBasisPeriodNote
Revenue8,220 ₹ crore+19.7% YoYQuarterly, as filedQuarter to Sept 2026Revenue from operations as filed.
Operating margin15.0 %0.0 pts YoYOperating profit / revenueQuarter to Sept 2026For the quarter; a change is in percentage points.
Net profit946 ₹ crore+15.4% YoYQuarterly, as filedQuarter to Sept 2026Profit after tax as filed.
Return on equity13.57 %−1.2 ptsFY Mar 2026 vs FY Mar 2025Trailing twelve monthsTTM to Sept 2026Adjusted profit attributable to owners ÷ average owners’ equity.
Free cash flow margin8.82 %+5.0 ptsFY Mar 2026 vs FY Mar 2025Fiscal yearFY ending Mar 2026(Operating cash flow − fixed-asset purchases + disposals) ÷ revenue.
Revenue growth (YoY)13.98 %−3.8 ptsFY Mar 2026 vs FY Mar 2025Trailing twelve monthsTTM to Sept 2026Revenue change against the same period one year earlier.

Source: Inve data from filed results; ratios from the Screener-verified panel · to Sept 2026

Guidance

What management said, and what became of it

0 of 4 judged targets kept · 7 open · verdicts reflect calls analysed to Q2 FY27.

ICICI Lombard General Insurance Company Limited management guidance track record on Inve: 11 targets tracked across analysed earnings calls (0 achieved, 4 missed, 7 open).

TargetOriginal wordingSaidLatest callVerdict
Retail Health Loss Ratioend the year in the same loss ratio range of 65% to 70%
Call transcript, Q1 FY26 · 15 Jul 2025		Q1 FY26Q2 FY27:The original guidance was for FY26 and was achieved. In Q2 FY27, management noted the retail indemnity loss ratio was 64.6%, but did not provide new formal guidance for FY27. The promise remains fulfilled and is not being tracked for FY27.
Call transcript, Q2 FY27 · 14 Oct 2026		Ghosted
IFRS Impact on Combined Ratiosignificant decline in combined ratio... in the range of 300 basis to maybe 400-450 basis point
Call transcript, Q4 FY26 · 20 Apr 2026		Q4 FY26Q2 FY27:When questioned about the IFRS transition impact, management deferred a detailed discussion. Lack of data to verify the guided 300-450 bps decline puts this promise at risk.
Call transcript, Q2 FY27 · 14 Oct 2026		At Risk
Return on Average Equity (ROAE)long term to move towards 18% to 20%
Call transcript, Q4 FY25 · 15 Apr 2025		Q4 FY25Q2 FY27:H1 RoAE was 16.8%, slightly below the target range. However, the strong Q2 performance of 23.7% shows significant recovery after a weak Q1, putting the long-term target back on track.
Call transcript, Q2 FY27 · 14 Oct 2026		On Track

Source: Inve Guidance Tracker for ICICI Lombard General Insurance Company Limited · to Q2 FY27

A verdict describes what became of management’s own words in later analysed calls. “Delayed” is a change of date, “went quiet” a target the calls stopped mentioning. None of it is a judgement on the investment. The methodology sets out how verdicts are recorded.

4 of ICICI Lombard General Insurance Company Limited's 11 targets were missed. See which ones, and which are quietly gone. The 3 above are the free sample; 8 more targets are in the full ledger.

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Price

₹1,576.2 −0.24% · −₹3.8

Last close 27 Oct 2026 · NSE · INR · Source: Inve

Performance −20.9% 1Y

₹1.4k₹1.6k₹1.8k₹2.0kOct 25Dec 25Jan 26Mar 26Apr 26Jun 26Jul 26Sept 26Oct 26Q3 FY26 — 13 Jan 2026Q4 FY26 — 20 Apr 2026Q1 FY27 — 15 Jul 2026Q2 FY27 — 14 Oct 2026

1Y: ₹1,993.9 on 24 Oct 2025 → ₹1,576.2. High ₹2,042.9 (17 Nov 2025), low ₹1,427.7 (15 Sept 2026).

Previous close
₹1,580
Market cap
₹82.4k Cr
52-week range
₹1,427.7 – ₹2,042.9
One year
−20.65%
Price to earnings (TTM to Sept 2026)
32.27×
Return on equity (TTM to Sept 2026)
13.57%

Overview

Symbol
NSE:ICICIGI
Exchange
NSE
Currency
INR

What ICICI Lombard General Insurance Company Limited does

Based on the company's own presentations, annual report and earnings calls.

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

How the price took the results

close before → close after

Q2 FY27
+1.3%
14 Oct
Q1 FY27
+1.5%
15 Jul
Q4 FY26
−0.8%
20 Apr
Q3 FY26
−1.3%
13 Jan

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.

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