ICICI Prudential Life Insurance Company Ltd.
Snapshot View

501.70 +0.95 ▲0.2%

18 May 2022, 04:01:00 PM
Volume: 32,954

Overview View Details

Sector Finance Compare with Sector peers
Industry Insurance Compare with Industry peers
Website http://www.iciciprulife.com
Market Cap 72,276.30 Cr.
Enterprise Value(EV) Cr. -
Financial Indicators
Earnings per share (EPS) 5.28 Trailing Twelve Months Ending 2022-03
Price-Earning Ratio (PE) 94.98 Trailing Twelve Months Ending 2022-03
Industry PE 104.16 Trailing Twelve Months Ending 2022-03
Book Value / Share 62.56 Trailing Twelve Months Ending 2022-03
Price to Book Value 8.02 Calculated using Price: 501.70
Dividend Yield 0.11 Period Ending 2021-03
No. of Shares Subscribed 143.73 Cr. 1,437,333,161 Shares
FaceValue 10
Company Profile

ICICI Prudential Life Insurance Company Ltd. (ICICI Prudential Life) is promoted by ICICI Bank Limited and Prudential Corporation Holdings Limited. ICICI Prudential Life began its operations in the fiscal year 2001 and has consistently been amongst the top companies in the Indian life insurance sector. 

In FY 2015 ICICI Prudential Life became the first private life insurer to attain assets under management of `1 trillion. ICICI Prudential Life is also the first insurance company in India to be listed on National Stock Exchange (NSE) and Bombay Stock Exchange (BSE). At ICICI Prudential Life, it operates on the core philosophy of customer-centricity. It offers long term savings and protection products to meet different life stage requirements of its customers. It has developed and implemented various initiatives to provide cost-effective products, superior quality services, consistent fund performance and a hassle-free claim settlement experience to its customers. ICICI Prudential Life Insurance Company is a Mumbai based largest private sector life insurer in India.

Business area of company

ICICI Prudential Life Insurance Company offers a range of life insurance, health insurance and pension products and services to its customers. It offers the products and services through an extensive multi-channel sales network across India, including through the branches of bank partners, individual agents, corporate agents, employees, offices and its website.

Awards and accreditations

2014

  • Its brand campaign ‘AchcheBandeh’, was awarded the ‘Silver Effie’ in the financial services category.
  • 1st prize for Innovation at the Qimpro Awards, 2014.
  • Ranked as one of the best brands in the BFSI sector as per ‘BrandZ Top 50 Most Valuable Indian Brands 2014’, a study conducted by Millward Brown and published by WPP.

2015

  • Ranked as one of the best brands in the BFSI sector twice in a row as per ‘BrandZ Top 50 Most Valuable Brands 2015’, a study conducted by Millward Brown and published by WPP.

2016

  • Ranked as one of the best brands in the BFSI sector three times in a row as per ‘BrandZ Top 50 Most Valuable Brands 2016’, a study conducted by Millward Brown and published by WPP.
  • Its brand campaign ‘AchcheBandeh’, was awarded the ‘Silver Effie’ in the financial services category.
  • iProtect Smart recognised for its innovation and voted as the ‘Product of the Year 2016’.

2017

  • Ranked four times as one of the most valuable Life Insurance brands in India as per ‘BrandZ Top 50 Most Valuable Indian Brands 2014, 2015, 2016 and 2017’. Ranked as the no. 1 brand in the ‘Top Riser’ category, i.e. the brand with the highest increase in Brand Value, as per ‘BrandZ Top 50 Most Valuable Indian Brands 2017’.

2018

  • ‘Life Insurance Provider of the Year’ - ‘Gold Award’ by Outlook Money Awards 2018.
  • ICICI Pru iProtect Smart the ‘Best Term Insurance Provider of the Year’ by Money Today Financial Awards 2017-18.
  • ICICI Pru Heart/Cancer Protect voted ‘Product of the Year 2018’ in the life insurance category by Product of the Year (India) Private Limited.
  • ‘Best Customer Orientation in Life Insurance’ by Emerging Asia Awards 2018.
  • ‘Best Life Insurance Company of the Year’ by Emerging Asia Insurance Awards 2018.
  • ‘Best Growth in Life Insurance’ by Emerging Asia Awards 2018.
  • ‘Best Insurance Firm of the Year 2018 - Life Insurance’ for the highest Persistency and Claim Settlement Ratio at the Moneycontrol Wealth Creator Awards.
  • ‘Amiable Insurer’ in the Life Insurance Large category for one of the highest Persistency Ratio & low Grievance Ratio at the 5th Economic Times Insurance Summit Awards 2018.
  • ‘Sales Champion’ in the Life Insurance - Large category for robust and diversified distribution network at the 5th Economic Times Insurance Summit Awards 2018.
  • ‘Life Insurance Company of the Year’ by Insurance India Summit & Awards 2018.
  • ‘Certificate of Merit’ for the FY2017-18 Annual Report in the Insurance Sector category by the South Asian Federation of Accountants (SAFA).
  • ‘ISO 22301:2012 Certificate’ for business continuity preparedness, to deliver and support insurance products and customer service.
  • ‘AchcheBandeh’ brand campaign was awarded the ‘Silver Effie’ in the financial services category.

2019

  • ICAI Award for Excellence in Financial Reporting for the FY2018-19 Annual Report.
  • Ranked amongst the top 3 Companies in Indian Corporate Governance Scorecard.
  • League of American Communications Professionals LLC (LACP) awarded ICICI Prudential Life Insurance Company Limited with Gold Award for excellence for the development of ICICI Prudential Life Insurance Company Annual Report 2018-19.
  • ICICI Prudential Life Insurance Company Annual Report 2018-19 was ranked at 54 worldwide among the entries received by League of American Communications Professionals LLC (LACP).
  • Ranked as one of the most valuable brands in India six times in a row by ‘BrandZ Top 75 Most Valuable Brands 2019’, a study conducted by Millward Brown and published by WPP.
  • ‘Life Insurance Company of the Year’ at the 4th Annual Insurance India Summit & Awards 2019.
  • ‘Best Innovation and Diversification introduced by the Company in a Year’ by Emerging Asia Awards 2019.
  • Adjudged ‘Best Risk Management Strategy of the Year - Life Insurance’ by Emerging Asia Awards 2019.
  • ICICI Pru iProtect Smart voted ‘Product of the Year 2019’ in the life insurance category by Product of the Year (India) Private Limited.

2020

  • Awarded the ‘Claims & Customer Service Excellence Awards’ in the Life Insurance Category by FICCI. 
  • ‘Customer Service Company of the Year’ by India Insurance Summit & Awards 2020.
  • ‘Best Alternative or Digital Payments Program of the Year’ by the Customer Fest Leadership Awards 2020.

Major events and milestones

  • 2001 - The Company started operations.
  • 2002 - Crossed the mark of 100,000 policies.
  • 2005 - Crossed the mark of 1 million policies.
  • 2008 - Crossed the mark of 5 million policies.
  • 2008 - Crossed receipt of 100 billion of total premium.
  • 2008 - Crossed 250 billion of assets under management.
  • 2010 - Established Subsidiary for the purposes of undertaking pension funds related business.
  • 2010 - The Company turned profitable - registered profit of 2.58 billion.
  • 2010 - Crossed 500 billion of assets under management.
  • 2012 - Started paying dividends.
  • 2015 - Crossed Rs 1 trillion of assets under management.
  • 2017 - First insurance company in India to list on NSE and BSE.
  • 2019 - ICICI Prudential Life Insurance has tied up with Paytm to distribute its term insurance plan ‘ICICI Pru iProtect Smart’.
  • 2019 - ICICI Prudential Life Insurance has launched ICICI Pru Precious Life, the industry's first term plan specifically designed for customers who find it difficult to get access to life cover due to existing health conditions.
  • 2020 - ICICI Prudential Life Insurance has entered into a corporate agency agreement with NSDL Payments Bank, a subsidiary of National Securities Depository.

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
+0.19%
1 Week
-1.22%
1 Month
-7.47%
3 Month
-4.47%
6 Month
-21.70%
1 Year
-8.42%
2 Year
+39.79%
5 Year
+21.17%
10 Year
9 years 2013-03 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03 2021-03
Return on Equity (%) 44.09 38.50 36.08 33.22 30.05 25.55 17.00 14.86 11.97
Return on Capital Employed (%) 45.28 37.57 35.00 35.66 31.89 27.13 17.33 14.86 12.54
Return on Assets (%) 2.12 2.04 1.83 1.64 1.50 1.24 0.76 0.68 0.52

Balance Sheet View Details

Particulars 10 years 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr. 2022-03* Rs. Cr.
Shh. Funds 3,961 4,383 5,267 5,323 6,406 6,882 7,042 7,212 9,109 9,158
Non Curr. Liab. 69,172 75,054 93,737 97,183 115,438 131,428 152,315 145,421 204,311 230,027
Sources of Funds 73,203 79,504 99,060 102,564 121,904 138,371 159,422 152,699 213,489 239,185
Non Curr. Assets 73,897 80,315 99,726 103,288 121,875 139,105 159,749 152,191 213,323 239,529
Deferred Tax (Net) 12 2 0 0 0 0 0 1
Net Curr. Assets -705 -812 -666 -724 29 -734 -327 507 167 -345
Appl. of Funds 73,203 79,504 99,060 102,564 121,904 138,371 159,422 152,699 213,489 239,185

Profit Loss View Details

Particulars 10 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr.
Opt. Profit (Trf Shh a/c) 1,604 1,773 1,264 1,139 1,208 1,132 1,089 1,077 1,989 1,985
Inc. From Invest. 220 417 387 536 602 667 742 644 663 771
Other Income 1 0 10 1 0 29 5 9 1 1
Expenditure -407 -635 -137 -90 -38 -43 -117 -569 -1,586 -1,680
Profit Before Tax 1,417 1,556 1,523 1,585 1,771 1,784 1,719 1,161 1,067 1,077
Prov. For taxation -32 -41 38 49 -121 -103 -100 -22 -121
Profit After Tax 1,386 1,515 1,561 1,634 1,650 1,682 1,619 1,139 1,067 956
Balance B/F from B/S -2,736 -1,971 1,169 -1,035 47 249 1,266 1,693 1,984 2,644
Appropriations -620 -714 -1,436 -553 -1,448 -665 -1,192 -848 -407
Balance C/F To B/S -1,971 -1,169 -1,043 47 249 1,266 1,693 1,984 2,644 3,601

Cash Flow View Details

Particulars 10 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr.
Cash Fr. Operatn. 2,829 -2,641 -2,382 523 3,634 4,130 5,690 11,377 8,596 7,314
Cash Fr. Inv. -813 1,564 6,012 -1,822 27 -696 -5,389 -7,559 -10,797 -5,084
Cash Fr. Finan. -362 -514 -1,091 -966 -1,442 -994 -1,188 -843 -405 1,205
Net Change 1,654 -1,591 2,539 -2,264 2,219 2,440 -887 2,975 -2,606 3,434
Cash & Cash Eqvt 3,194 1,603 4,142 1,878 4,094 6,534 5,647 8,622 6,016 9,450

Shareholding Pattern View Details

9 Qtrs 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%) 2021-09 (%) 2021-12 (%) 2022-03 (%)
Promoter 74.98 73.48 73.48 73.48 73.48 73.45 73.42 73.41 73.41
Public 25.02 26.52 26.52 26.52 26.52 26.55 26.58 26.59 26.59
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Announcements View Details

Wed, 18 May 2022
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Intimation under regulation 30 read with para A of part A of Schedule III and Regulation 46(2) of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations 2015.
Tue, 17 May 2022
Re-Appointment Of Directors Of ICICI Prudential Life Insurance Company Limited ('The Company')
Please be informed that the current term of appointment of Mr. R. K. Nair (DIN: 07225354) and Mr. Dileep Choksi (DIN: 00016322) Independent Director(s) of the Company will expire on July 24 2022 and January 18 2023 respectively.Accordingly the Board of Directors at their meeting held today inter alia approved the following business:a) Re-appointment of Mr. R. K. Nair as an Independent Director of the Company for a second term of five consecutive years commencing from July 25 2022 till July 24 2027; b) Re-appointment of Mr. Dileep Choksi as an Independent Director of the Company for a second term commencing from January 19 2023 till he attains 75 years of age i.e December 25 2024 subject to the approval of the Members of the Company.Pursuant to the requirements of SEBI (Listing Obligations and Disclosures Requirements) Regulations 2015.Please take the above information on records.
Tue, 17 May 2022
Annual General Meeting On Monday June 27 2022
Please be informed that the 22nd Annual General Meeting (AGM) of the Members of the Company will be held on Monday June 27 2022 at 3.00.p.m. IST through Video Conference (VC)/Other Audio Visual Means (OAVM) facility in compliance with the applicable provisions of the Companies Act 2013 Rules framed thereunder and SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 read with Circular No. 02/2022 dated May 5 2022 read with Circular No. 02/2021 dated January 13 2021 Circular No. 19/2021 dated December 8 2021 and Circular No. 21/2021 dated December 14 2021 issued by the Ministry of Corporate Affairs.Notice of the 22nd AGM along with Annual Report for FY2022 will be circulated in due course through permitted mode. Please take the above information on records.

Technical Scans View Details

Wed, 18 May 2022
High Decrease 1 Month High Decrease 1 Month
High Decrease 6 Months High Decrease 6 Months
Closing Near 50 SMA Closing Near 50 SMA
MFI Below 20 MFI Below 20
Tue, 17 May 2022
High Decrease 1 Month High Decrease 1 Month

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