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| 27 February, 2021, 12:27 AM IST | E-Paper
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ICICI Bank Ltd.

  • 597.75-30.25 (-4.82%)
  • Volume: 5,73,45,148
  • Closed
  • Last Updated On: 26 Feb, 2021, 03:59 PM IST
OPEN TRADING A/C
  • Overview
  • News
  • Financials
  • Technicals
  • Peers
  • Shareholdings
  • MF
  • F&O
  • Corporate Actions
  • About

Insights

View All
  • The divergence in reported gross NPA for Q3 of FY-21 (4.38 %) due to SC ruling and possible gross NPA (5.42%), but provision coverage ratio (PCR) is good enough. Focusing on higher-rated paper.

  • Digital platforms are seeing higher additions and increased transactions. Going forward if this trend continues it will help bank in increasing its presence at much lower cost as compared to expansion of physical branches.

  • In fiscal 2020, the average staff strength increased to 97,682 from an average of 84,523 in FY-19, an increase of 13,159. These additions were primarily in the retail and rural businesses, indicating the areas where the bank is focusing.

  • The bank used treasury gains from the two per cent stake sale in I-Sec to create further Covid provisions. There are a number of its subsidiaries which create enough scope to dilute its stake and raise resources.

InsightsICICI Bank Ltd.

  • Q3 - Adequately provisioned

    The divergence in reported gross NPA for Q3 of FY-21 (4.38 %) due to SC ruling and possible gross NPA (5.42%), but provision coverage ratio (PCR) is good enough. Focusing on higher-rated paper.

  • Focusing on digital

    Digital platforms are seeing higher additions and increased transactions. Going forward if this trend continues it will help bank in increasing its presence at much lower cost as compared to expansion of physical branches.

  • Addition to human capital

    In fiscal 2020, the average staff strength increased to 97,682 from an average of 84,523 in FY-19, an increase of 13,159. These additions were primarily in the retail and rural businesses, indicating the areas where the bank is focusing.

  • Buffer of stake in subsidiaries

    The bank used treasury gains from the two per cent stake sale in I-Sec to create further Covid provisions. There are a number of its subsidiaries which create enough scope to dilute its stake and raise resources.

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Key Metrics

  • PE Ratio

    PE Ratio

    This is a ratio arrived at by dividing the current market price of a stock by its latest (annual or annualized) earnings per share. Here we have taken the TTM (trailing twelve months) adjusted earnings per share.

    (x)
    27.98
  • EPS - TTM

    EPS - TTM

    Earnings per share (TTM) tells the profit after tax earned on a per share basis by a stock over the last twelve months or four quarters.

    (₹)
    21.36
  • MCap

    MCap

    MCap or Market capitalization of a stock is calculated by multiplying the total number of shares outstanding of that particular stock with its current market price.

    (₹ Cr.)
    4,12,150
  • Sectoral MCap Rank

    Sectoral MCap Rank

    This is the ranking of a company within its sector based on MCap or Market capitalization. Higher the market capitalization of a company, higher the rank it is assigned.

    2
  • PB Ratio

    PB Ratio

    Price to Book represents the ratio of current market price of a stock to its book value per share. The book value itself is arrived at by dividing the net worth of a company by the total number of shares outstanding of the company at that time.

    (x)
    3.34
  • Div Yield

    Dividend Yield

    Dividend Yield calculates the amount of full year dividend declared by a company as a percentage of the current market price of a stock. All other things being equal, higher the dividend yield of the stock, the better it is for investors.

    (%)
    0.38
  • Face Value

    Face Value

    Face value of a stock is the value ascribed to the stock as per the balance sheet of the company. The dividend declared by a company is usually declared as a percentage of face value.

    (₹)
    2.00
  • Beta

    Beta

    1 Month1.09
    3 Months1.20
    6 Months1.40
    1 Year1.26
    3 Years1.30

    1.09
  • VWAP

    VWAP

    Volume Weighted Average Price represents the average price of a security over a particular time period (example one trading day) weighted by the volume traded at each price point.

    (₹)
    599.79
  • 52W H/L

    52W H/L

    This represents the 52 week high and low price of the security. It is also the 1 year high and low of the security. This represents the highest and lowest price touched by the security during the past 52 weeks or 1 year including today.

    (₹)
    679.40 / 268.30

Returns

  • 1 Day-4.82%
  • 1 Week-4.21%
  • 1 Month11.1%
  • 3 Months25.76%
  • 1 Year14.14%
  • 3 Years82.77%
  • 5 Years255.8%

Financials

  • Income (P&L)
  • Balance Sheet
  • Cash Flow
  • Ratios
  • Insights

    • Beating 3 Yr Revenue CAGR

      Company's annual revenue growth of 14.07% outperformed its 3 year CAGR of 9.62%. (Source: Consolidated Financials)
    Quarterly | AnnualDec 2020Sep 2020Jun 2020Mar 2020Dec 2019
    Total Income40,454.4539,321.4237,939.3240,121.4838,370.95
    Total Income Growth (%)2.883.64-5.444.562.53
    Provisions & Contingencies2,700.993,049.957,704.586,598.212,131.44
    Provisions & Contingencies Growth (%)-11.44-60.4116.77209.57-21.80
    Profit after Tax (PAT)5,498.154,882.333,117.681,251.324,670.10
    PAT Growth (%)12.6156.60149.15-73.21312.85
    Gross NPA (%)-----
    Net NPA (%)-----
    Net Profit Margin (%)13.5912.428.223.1212.17
    Basic EPS (₹)7.977.304.821.937.22
    Quarterly | AnnualDec 2020Sep 2020Jun 2020Mar 2020Dec 2019
    Total Income24,416.0623,650.7726,066.9523,443.6623,638.26
    Total Income Growth (%)3.24-9.2711.19-0.823.86
    Provisions & Contingencies2,741.722,995.277,593.955,967.442,083.20
    Provisions & Contingencies Growth (%)-8.47-60.5627.26186.46-16.90
    Profit after Tax (PAT)4,939.594,251.332,599.151,221.364,146.46
    PAT Growth (%)16.1963.57112.81-70.54533.09
    Gross NPA (%)4.385.175.465.535.95
    Net NPA (%)0.631.001.231.411.49
    Net Profit Margin (%)20.2317.989.975.2117.54
    Basic EPS (₹)7.166.354.011.896.41
    Quarterly | Annual FY 2020 FY 2019 FY 2018 FY 2017 FY 2016
    Total Income1,49,786.101,31,306.501,18,969.101,13,397.631,01,395.85
    Total Income Growth (%)14.0710.374.9111.8412.39
    Provisions & Contingencies22,377.2122,180.9219,851.8819,051.5015,682.92
    Provisions & Contingencies Growth (%)0.8811.734.2021.4857.89
    Profit after Tax (PAT)9,566.314,254.247,712.1910,188.3810,179.96
    PAT Growth (%)97.31-37.48-19.763.78-15.57
    Net Interest Margin (%)2.912.642.482.642.75
    Net Profit Margin (%)11.275.9112.4016.7117.16
    Basic EPS (₹)14.816.6112.0215.9117.53
    Quarterly | Annual FY 2020 FY 2019 FY 2018 FY 2017 FY 2016
    Total Income91,246.9477,913.3672,385.5273,660.7668,062.49
    Total Income Growth (%)17.117.64-1.738.2311.09
    Provisions & Contingencies20,170.4620,074.6017,964.1116,685.6614,137.25
    Provisions & Contingencies Growth (%)0.4811.757.6618.0365.45
    Profit after Tax (PAT)7,930.813,363.306,777.429,801.099,726.29
    PAT Growth (%)135.80-50.37-30.850.77-12.97
    Net Interest Margin (%)3.022.802.612.812.94
    Net Profit Margin (%)10.605.3012.3318.0918.44
    Basic EPS (₹)12.285.2310.5615.3116.75

    All figures in Rs Cr, unless mentioned otherwise

  • Annual FY 2020 FY 2019 FY 2018 FY 2017 FY 2016
    Advances7,06,246.116,46,961.685,66,854.225,15,317.314,93,729.11
    Advances Growth (%)9.1614.1310.004.3712.60
    Deposits8,00,784.466,81,316.945,85,796.115,12,587.264,51,077.39
    Deposits Growth (%)17.5316.3114.2813.6416.87
    Total Equity1,29,751.341,20,829.271,16,632.311,09,491.0597,459.66
    Total Equity Growth (%)7.383.606.5212.3511.76
    Gross NPA (%)-----
    Net NPA (%)-----
    Capital Adequacy Ratios (%)-----
    Contingent Liabilities30,03,053.5326,12,071.9418,91,035.8313,07,841.5910,70,233.91
    Annual FY 2020 FY 2019 FY 2018 FY 2017 FY 2016
    Advances6,45,289.975,86,646.585,12,395.294,64,232.084,35,263.94
    Advances Growth (%)10.0014.4910.376.6612.32
    Deposits7,70,968.996,52,919.675,60,975.214,90,039.064,21,425.71
    Deposits Growth (%)18.0816.3914.4816.2816.56
    Total Equity1,16,504.411,08,368.041,05,158.9499,951.0789,735.58
    Total Equity Growth (%)7.513.055.2111.3811.57
    Gross NPA (%)6.047.38-8.745.82
    Net NPA (%)1.542.295.435.432.98
    Capital Adequacy Ratios (%)16.1116.8918.4217.3916.64
    Contingent Liabilities25,23,825.8019,22,038.2912,89,244.0010,30,993.718,53,520.77

    All figures in Rs Cr, unless mentioned otherwise

  • Insights

    • Increase in Cash from Investing

      Company has used Rs 42308.43 cr for investing activities which is an YoY increase of 40.34%. (Source: Consolidated Financials)
    Annual FY 2020 FY 2019 FY 2018 FY 2017 FY 2016
    Net Cash flow from Operating Activities79,564.7548,671.0519,382.9352,635.5323,645.32
    Net Cash used in Investing Activities-42,308.43-30,147.22-50,573.45-1,605.74-11,819.26
    Net Cash flow from Financing Activities2,992.18-19,997.4339,675.97-35,469.545,813.91
    Net Cash Flow40,462.03-1,608.248,508.2615,454.9017,398.80
    Closing Cash & Cash Equivalent1,27,852.9287,390.9088,999.1380,490.8765,035.97
    Closing Cash & Cash Equivalent Growth (%)46.30-1.8110.5723.7636.52
    Annual FY 2020 FY 2019 FY 2018 FY 2017 FY 2016
    Net Cash flow from Operating Activities78,449.4438,418.7913,303.6539,222.8122,428.47
    Net Cash used in Investing Activities-37,107.40-23,875.31-38,968.807,045.42-3,949.98
    Net Cash flow from Financing Activities-2,644.55-18,251.0934,118.30-30,378.79-585.07
    Net Cash Flow38,859.45-3,873.098,456.3215,844.3217,564.13
    Closing Cash & Cash Equivalent1,19,155.7480,296.2984,169.3875,713.0659,868.74
    Closing Cash & Cash Equivalent Growth (%)48.40-4.6011.1726.4741.52

    All figures in Rs Cr, unless mentioned otherwise

  • Annual FY 2020 FY 2019 FY 2018 FY 2017 FY 2016
    Return on Equity (%)7.983.827.1610.0311.15
    Return on Assets (%)0.690.340.681.031.10
    Cost to Income (%)62.6865.8363.5559.2755.69
    Interest income to Earning assets (%)6.155.815.526.186.45
    Interest Expense to Earning assets (%)3.243.163.043.533.70
    Price to Earnings (x)21.9860.6123.2615.8513.53
    Price to Book (x)1.752.311.661.591.51
    Price to Sales (x)2.483.572.882.652.32
    Operating Profit Margin (%)-63.32-74.51-76.74-67.47-52.57
    Annual FY 2020 FY 2019 FY 2018 FY 2017 FY 2016
    Return on Equity (%)6.993.196.6310.1111.19
    Return on Assets (%)0.720.340.771.261.34
    Cost to Income (%)45.7948.9846.5142.6839.40
    Interest income to Earning assets (%)6.806.576.257.017.31
    Interest Expense to Earning assets (%)3.783.773.634.204.37
    Price to Earnings (x)26.5376.9226.4616.4714.16
    Price to Book (x)1.852.441.751.671.58
    Price to Sales (x)2.814.063.262.982.61
    Operating Profit Margin (%)-11.38-17.58-19.36-17.91-10.61

Financial InsightsICICI Bank Ltd.

  • Income (P&L)
  • Cash Flow
    • Beating 3 Yr Revenue CAGR

      Company's annual revenue growth of 14.07% outperformed its 3 year CAGR of 9.62%. (Source: Consolidated Financials)

    • Increase in Cash from Investing

      Company has used Rs 42308.43 cr for investing activities which is an YoY increase of 40.34%. (Source: Consolidated Financials)

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Technicals

  • Buy / Sell Signals
  • Price Analysis
  • Pivot Levels & ATR
  • Chart
  • Bullish / Bearish signals for ICICI Bank Ltd. basis selected technical indicators and moving average crossovers.

    14 Day EMA Crossover

    Bearish signal on daily chart

    Appeared on: 26 Feb 2021

    14D EMA: 623.14

    Last 4 Sell Signals:19 Feb 2021
    Date7 days Gain/Loss %
    19 Feb 2021False Signal
    22 Jan 2021-4.08%
    18 Jan 20210.14%
    21 Dec 2020-1.09%

    Average price decline of -2.53% within 7 days of Bearish signal in last 5 years

    20 Day EMA Crossover

    Bearish signal on daily chart

    Appeared on: 26 Feb 2021

    20D EMA: 616.91

    Last 4 Sell Signals:22 Feb 2021
    Date7 days Gain/Loss %
    22 Feb 2021False Signal
    27 Jan 2021-1.98%
    22 Jan 2021-0.49%
    21 Dec 2020-1.09%

    Average price decline of -2.56% within 7 days of Bearish signal in last 5 years

    Heikin-Ashi Changeover

    Bearish indication on daily chart

    • Prev. Close Price

      604.66

    • LTP

      597.75

    Formed on:26 Feb 2021

    On daily price chart, Heikin-Ashi candle changed from Green to Red

    Show More
  • 47%
    Positive Movement since
    1st Jan 2005 on basis
    53%
    Negative Movement since
    1st Jan 2005 on basis
    Exclude
  • Pivot Levels

    R1R2R3PIVOTS1S2S3
    Classic614.97620.98632.98608.98602.97596.98584.98

    Average True Range

    5 DAYS14 DAYS28 DAYS
    ATR22.7020.6818.50

Peer Comparison

  • Stock Performance
  • Ratio Performance
  • Insights

    • Stock Returns vs Nifty 100

      Stock gave a 3 year return of 92.02% as compared to Nifty 100 which gave a return of 36.71%. (as of last trading session)
    • Stock Returns vs Nifty Bank

      Stock generated 92.02% return as compared to Nifty Bank which gave investors 38.79% return over 3 year time period. (as of last trading session)
    • 1D
    • 1W
    • 1M
    • 3M
    • 6M
    • 1Y
    • 5Y
  • Insights

    • Stock Returns vs Nifty 100

      Stock gave a 3 year return of 92.02% as compared to Nifty 100 which gave a return of 36.71%. (as of last trading session)
    • Stock Returns vs Nifty Bank

      Stock generated 92.02% return as compared to Nifty Bank which gave investors 38.79% return over 3 year time period. (as of last trading session)

    Ratio Performance

    NAMEP/E (x)P/B (x)ROE %ROA %Rev CAGR [3Yr]OPMNPMNIM %Cost to Income %Interest income to Earning assets %Net NPA %Capital Adequacy Ratio %
    ICICI Bank27.983.187.980.699.62-63.3211.272.9162.686.151.5416.11
    Kotak Bank37.895.2512.891.9313.86-24.7425.673.9651.347.550.7117.89
    Axis Bank74.172.572.140.1911.48-22.692.902.7750.196.861.5617.53
    IndusInd Bank34.702.3612.941.4524.10-8.6615.483.9240.729.360.9115.04
    Bandhan Bank21.223.6619.893.2941.7513.5427.776.8938.9911.860.5827.43
    Add More
    Annual Ratios (%)

    Choose from Peers

    • YES Bank
    • IDFC First Bank
    • Federal Bank
    • RBL Bank
    • City Union Bank

    Choose from Stocks

    Peers InsightsICICI Bank Ltd.

    • Stock Returns vs Nifty 100

      Stock gave a 3 year return of 92.02% as compared to Nifty 100 which gave a return of 36.71%. (as of last trading session)

    • Stock Returns vs Nifty Bank

      Stock generated 92.02% return as compared to Nifty Bank which gave investors 38.79% return over 3 year time period. (as of last trading session)

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    Shareholding Pattern

    • QOQ Change
    • Total Shareholdings
    • Showing Shareholding as on 31 Dec 2020
      Category31 Dec 202030 Sep 202030 Jun 202031 Mar 2020
      Promoters0.000.000.000.00
      Pledge0.000.000.000.00
      FII47.4545.6842.9943.73
      DII42.4743.7045.7344.58
      Mutual Funds26.3527.0728.2827.61
      Others10.0810.6211.2811.69
    • Showing Shareholding as on 31 Dec 2020
      CategoryNo. of SharesPercentage% Change QoQ
      FII2,61,89,80,23347.45 %1.77
      DII2,34,32,17,79442.47 %-1.23
      MF1,45,42,22,96426.35 %-0.72
      Others1,94,14,95,50010.08 %-0.54

    MF Ownership

    • Equity: Large Cap
      • 5,575.85

        Amount Invested (in Cr.)

      • 6.3%

        % of AUM

      • 1.40

        % Change (MoM basis)

    • Equity: Large Cap
      • 2,870.59

        Amount Invested (in Cr.)

      • 7.32%

        % of AUM

      • 3.37

        % Change (MoM basis)

    • Hybrid: Dynamic Asset Allocation
      • 2,320.19

        Amount Invested (in Cr.)

      • 6.06%

        % of AUM

      • -11.94

        % Change (MoM basis)

    MF Ownership as on 31 January 2021

    F&O Quote

    • Futures
    • Options
      • Expiry

      Price

      599.15-33.25 (-5.26%)

      OpenHighLowPrev CloseContracts TradedTurnover (₹ Lakhs)
      625.90625.90592.75632.4039,9283,31,316.55

    Corporate Actions

    • Board Meeting/AGM
    • Dividends
    • Others
    • Meeting DateAnnounced onPurposeDetails
      Jan 30, 2021Dec 24, 2020Board MeetingQuarterly Results
      Aug 14, 2020Jul 13, 2020AGM-
      Aug 10, 2020Jul 09, 2020POM-
      Jul 25, 2020Jul 03, 2020Board MeetingQuarterly Results
      Jul 08, 2020Jul 06, 2020Board MeetingTo consider raising of funds
    • TypeDividendDividend per ShareEx-Dividend DateAnnounced on
      Final50%1.0Jul 22, 2019May 06, 2019
      Final75%1.5Aug 24, 2018May 07, 2018
      Final125%2.5Jun 20, 2017May 04, 2017
      Final250%5.0Jun 16, 2016Apr 29, 2016
      Final250%5.0Jun 04, 2015Apr 27, 2015
    • All TypesEx-DateRecord DateAnnounced onDetails
      BonusJun 20, 2017-May 03, 2017Bonus Ratio: 1 share(s) for every 10 shares held
      SplitsDec 04, 2014Dec 05, 2014Sep 09, 2014Split: Old FV10.0| New FV:2.0

    About ICICI Bank

    ICICI Bank Ltd., incorporated in the year 1994, is a banking company (having a market cap of Rs 412,668.28 Crore).ICICI Bank Ltd. key Products/Revenue Segments include Interest & Discount on Advances & Bills, Income From Investment, Interest and Interest On Balances with RBI and Other Inter-Bank Funds for the year ending 31-Mar-2020. Show More

    • Executives
    • Auditors
    • AM

      Ajay Mittal

      Chief Accountant
      AB

      Anup Bagchi

      Executive Director
      BS

      B Sriram

      Independent Director
      GC

      Girish Chandra Chaturvedi

      Non Exe.Part Time Chairman
      Show More
    • Walker, Chandiok & Co.LLP

    Key Indices Listed on

    Nifty 50, S&P BSE Sensex, Nifty Bank, + 33 more

    Address

    ICICI Bank Tower,Near Chakli Circle,Old Padra Road,Vadodra, Gujarat - 390007

    ICICI Bank Share Price Update

    ICICI Bank Ltd. share price moved down by -4.82% from its previous close of Rs 628.00. ICICI Bank Ltd. stock last traded price is 597.75

    Share PriceValue
    Today/Current/Last597.75
    Previous Day628.00

    Trending in Markets

    DATA SOURCES: TickerPlant (for live BSE/NSE quotes service) and Dion Global Solutions Ltd. (for corporate data, historical price & volume, F&O data). Sensex & BSE Quotes and Nifty & NSE Quotes are real-time and licensed from BSE and NSE respectively. All timestamps are reflected in IST (Indian Standard Time).

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