ICICI Bank

ICICI Bank Ltd.

SECTOR: Bank - Private

₹ 347.85
₹ -8.8 (-2.47%)
Today's High: ₹ 363 Today's Low : ₹ 345.45
52 Week High: ₹ 552.40 52 Week Low : ₹ 269.00
Add to Watchlist
 FinStar
FinStar Indicates the overall health and quality of a stock based on Finology Research.
Ownership Very Stable
High level of belief in company’s potential exhibited by insiders.
ValuationExpensive
The stock is at a premium valuation at this point.
EfficiencyOptimal
The company could improve upon its asset employment.
FinancialsWeak
Watch out! The company might not be able to sustain any adverse condition.

 Company Essentials

Market Cap

₹ 225220.082642325 Cr.

P/E

28.4

P/B

1.99

Face Value

₹2

Div. Yield

0.33%

Book Value (TTM)

₹ 175.1238

CASA %

49.6141157003064

Net Interest Income

₹ 27014.798 Cr.

Cost To Income %

43.56

Promoter Holding

0.0%

EPS (TTM)

₹ 12.2491

CAR %

16.89

ROE

3.24 %

ROCE

4.86 %

Profit Growth

-50.37 %

No. of Shares

647.4632245 Cr.

Add your own Ratio
* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

 Price Chart 1w1m3m6m1Yr3Yr5Yr

* Prices are based on daily market changes.

 Valuation Chart 1w1m3m6m1Yr3Yr5Yr

* The chart is based on the standalone earnings of the company.

 Peer Comparison

View Full Peer Comparison
* The Peers list includes companies operating in the same industry and having comparable market cap.

 ROE

1 Year3.24%
3 Year6.9%
5 Year9.38%

 ROA%

1 Year0.36%
3 Year0.83%
5 Year1.14%

 Net NPA%

1 Year2.29%
3 Year4.38%
5 Year3.55%

 NIM

1 Year3.09%
3 Year3.02%
5 Year3.11%

 CAR %

16.89

 Cost of Liabilities %

4.45

 PEG Ratio

0

 Advances Growth %

14.49

 Share Holding Pattern

 Promoter Pledging %

Date Promoter % Pledge %
Mar 2020 0.0 0.0
Dec 2019 0.0 0.0
Sep 2019 0.0 0.0
Jun 2019 0.0 0.0
Mar 2019 0.0 0.0
* Figures given above are % of equity capital

 Strengths

  • The company has been consistently maintaining a NIM of 3.02333333333333% since last 3 years.
  • CASA stands at 49.6141157003064% of total deposits.
  • Good Capital Adequacy Ratio of 16.89%.

 Limitations

  • Company has a low ROE of 6.90333333333333% over the last 3 years.
  • The Bank has a high NPA ; Average NPA of the last 3 years stands at 4.38333333333333%.
  • The company has delivered poor Profit Growth of -29.8103739910556% over the past 3 years.
  • Increase in Provision and contingencies of 13.6023484626031% on YoY.

 Quarterly Result (All Figures are in Crores.)

Particulars Mar 2019 Jun 2019 Sep 2019 Dec 2019 Mar 2020
Interest Earned 17292.8 17980.06 18565.3 19064.28 19188.68
Other Income 3621.02 3425.44 4194.22 4573.98 4254.98
Interest Expended 9672.74 10242.63 10507.87 10518.96 10261.79
Operating Expenses 5007.69 4874.41 5377.55 5570.67 5791.78
Total Provisions 5451.41 3495.73 2506.87 2083.2 5967.44
Profit Before Tax 781.98 2792.73 4367.23 5465.43 1422.65
Net Profit 969.06 1908.03 654.96 4146.46 1221.36
Net NPA % 2.29 1.98 1.74 1.6 1.41
Gross NPA % 7.38 7.21 6.9 6.39 5.53
Return on Assets % 0.43 0.81 0.27 1.68 0.49
NPM % 5.6 10.61 3.53 21.75 6.37

 Profit & Loss (All Figures are in Crores except Adjusted EPS in Rs.)

Particulars Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019
Interest Earned 49091.14 52739.44 54156.28 54965.89 63401.19
Other Income 12176.13 15323.05 19504.48 17419.63 14512.16
Interest Expended 30051.53 31515.4 32418.96 31940.05 36386.4
Operating Expenses 11495.83 12683.56 14755.06 15703.94 18089.06
Total Provisions 3899.99 11667.82 15208.14 17306.98 19661.14
Profit Before Tax 15819.93 12195.72 11278.61 7434.55 3776.76
Taxes 4644.57 2469.43 1477.52 657.13 413.46
Net Profit 11175.36 9726.29 9801.09 6777.42 3363.3
Adjusted EPS 18 15 15 11 5

 Balance Sheet (All Figures are in Crores.)

Particulars Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019
Equity and Liabilities
Share Capital 1159.66 1163.17 1165.11 1285.81 1289.46
Total Reserves 79262.26 88565.72 98779.71 103867.56 107073.91
Deposits 361562.73 421425.71 490039.07 560975.21 652919.67
Borrowings 172417.35 174807.38 147556.15 182858.62 165319.97
Other Liabilities 31719.86 34726.44 34245.16 30196.4 37851.46
Total Liabilities 646129.29 720695.11 771791.45 879189.16 964459.15
Assets
Balance with RBI 25652.91 27106.09 31702.41 33102.38 37858.01
Balance with Banks 16651.71 32762.65 44010.66 51067 42438.27
Investments 158129.22 160411.8 161506.55 202994.18 207732.68
Advances 387522.07 435263.94 464232.08 512395.29 586646.58
Net Block 4725.52 7576.92 7805.21 7903.52 7931.43
Other Assets 53447.87 57573.7 62534.55 71726.8 81852.17
Total Assets 646129.29 720695.11 771791.45 879189.16 964459.15
* Other Non-current Liabilities include Net deferred Liabilities

 Corporate Actions

 Annual Reports

 Ratings & Research Reports

 Company Presentations

 ICICI Bank Stock Price Analysis and Quick Research Report

Is ICICI Bank an attractive stock to invest in?

 

The Indian Banking sector is rising rapidly due to infrastructure spending, favorable government policy, rising disposable income and increasing consumerism and easier access to credit.

The banking industry is in boom with growing demand across India. But is it the right time to invest in banking stocks is the question to be asked? We can look into more details and dig a little deeper into the analysis of the stock.

Let’s look at how ICICI Bank is performing and if it is the right time to buy the stock of ICICI Bank with detailed analysis.

  •  For Banking companies, The primary source of Income is interest earned on various loans given to individuals and corporates. ICICI Bank has earned Rs 63401.193 Cr. revenue in the latest financial year. It has posted Poor revenue growth of 6.32948714143611 % in last 3 Years.

  • In terms of advances, the bank reported 14.49 % YOY,  rise . If you see 3 years advance growth, it stands at 10.4607408024678 %.

  • Currently the company has a CASA ratio of 49.6141156773918 %. It’s overall cost of liability stands at 4.44691177077582 %. Also, the total deposits from these accounts stood at Rs 652919.671 Cr.

  • The Bank has a average ROA track record. The ROA of ICICI Bank is at 0.364852839166689 %.

  • The Lender is inefficiently  managing it’s overall asset portfolio. The Gross NPA and Net NPA stood at 0 % and 2.29 % respectively as on the latest financial year.

  • One other important measure of banks’ financial health is provisioning coverage ratio. The YoY change in provision and contingencies is positive at 13.6023484626031 % which means it has increased from the previous year.

  • Non-Interest income or other incomes are very important for banks as it gives a regular source of income for bank with no additional risk. Other income of ICICI Bank decreased and is currently at Rs 1.45121636 Cr.

  • The company has a Good Capital Adequacy Ratio of 16.89 .

  • The best metric which provides insights about bank’s valuation is P/B ratio. Currently ICICI Bank is trading at a P/B of 2.44124165005754 . The historical average PB was 1.942.

X