ICICI Prudential Life Insurance Company Ltd.
Snapshot View

644.50 +9.05 ▲1.4%

23 July 2021, 04:00:00 P.M.
Volume: 74,506

Overview View Details

Sector Finance Compare with Sector peers
Industry Insurance Compare with Industry peers
Website http://www.iciciprulife.com
Financial Indicators
Market Cap 92,590.70 Cr.
Earnings per share (EPS) 3.37 Trailing Twelve Months Ending 2021-06
Price-Earning Ratio (PE) 191.31 Trailing Twelve Months Ending 2021-06
Industry PE 57.19 Trailing Twelve Months Ending 2021-06
Book Value / Share 58.84 Trailing Twelve Months Ending 2021-06
Price to Book Value 10.95 Calculated using Price: 644.50
Dividend Yield 0.31 Period Ending 2021-03
No. of Shares Subscribed 143.66 Cr. 1,436,628,417 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
+1.42%
1 Week
+2.74%
1 Month
+6.50%
3 Month
+25.79%
6 Month
+28.41%
1 Year
+42.97%
2 Year
+68.04%
5 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 9 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.
Shh. Funds 3,961 4,383 5,267 5,323 6,406 6,882 7,042 7,212 9,109
Non Curr. Liab. 69,172 75,054 93,737 97,183 115,438 131,428 152,315 145,421 204,311
Sources of Funds 73,203 79,504 99,060 102,564 121,904 138,371 159,422 152,699 213,489
Non Curr. Assets 73,897 80,315 99,726 103,288 121,875 139,105 159,749 152,191 213,323
Deferred Tax (Net) 12 2 0 0 0 0 0
Net Curr. Assets -705 -812 -666 -724 29 -734 -327 507 167
Appl. of Funds 73,203 79,504 99,060 102,564 121,904 138,371 159,422 152,699 213,489

Profit Loss View Details

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

Cash Flow View Details

Particulars 9 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.
Cash Fr. Operatn. -2,641 -2,382 523 3,634 4,130 5,690 11,377 8,596 7,314
Cash Fr. Inv. 1,564 6,012 -1,822 27 -696 -5,389 -7,559 -10,797 -5,084
Cash Fr. Finan. -514 -1,091 -966 -1,442 -994 -1,188 -843 -405 1,205
Net Change -1,591 2,539 -2,264 2,219 2,440 -887 2,975 -2,606 3,434
Cash & Cash Eqvt 1,603 4,142 1,878 4,094 6,534 5,647 8,622 6,016 9,450

Shareholding Pattern View Details

9 Qtrs 2019-06 (%) 2019-09 (%) 2019-12 (%) 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%)
Promoter 74.98 74.98 74.98 74.98 73.48 73.48 73.48 73.48 73.45
Public 25.02 25.02 25.02 25.02 26.52 26.52 26.52 26.52 26.55
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

Fri, 23 Jul 2021
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, 20 Jul 2021
Audited Financial Statements And Financial Results (Standalone And Consolidated) For The Quarter Ended June 30 2021
Pursuant to the provisions of regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 and other applicable requirements a copy of the audited financial results for the quarter ended June 30 2021 together with the Auditors Report in the prescribed format is enclosed. A copy of the press release being issued in this connection is also enclosed
Tue, 20 Jul 2021
Outcome Of The Board Meeting Held On Tuesday July 20 2021
The Board of Directors (Board) of ICICI Prudential Life Insurance Company Limited has at their meeting inter alia approved the audited financial statements and financial results (standalone and consolidated) for the quarter ended June 30 2021.

Pursuant to the provisions of regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 and other applicable requirements a copy of the audited financial results for the quarter ended June 30 2021 together with the Auditors Report in the prescribed format is enclosed. A copy of the press release being issued in this connection is also enclosed.

Technical Scans View Details

Fri, 23 Jul 2021
Stock Outperforming Benchmark Index in both 1 Week and 3 Month Stock Outperforming Benchmark Index in both 1 Week and 3 Month
Stock Outperforming Sectoral Index in both 1 Week and 3 Month Stock Outperforming Sectoral Index in both 1 Week and 3 Month
Increasing Relative Strength - Benchmark index Increasing Relative Strength - Benchmark index
Increasing Relative Strength - Sectoral Index Increasing Relative Strength - Sectoral Index
Close Within 2 Year High Zone Close Within 2 Year High Zone

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