| Revenue growth | GDPI grew 13.9% excluding crop and mass health segments. |
|---|---|
| Margins | Combined ratio at 104.5% vs 103.9% YoY; impacted by cats. |
| Demand visibility | High demand in motor and retail health during festive season. |
| Management confidence | Balanced; emphasizing pricing discipline and digital transformation roadmaps. |
Growth
GDPI grew 13.9% excluding crop; retail health outperformed industry growing 66.4%.
Outlook
Targets increasing digital sourcing from 6% to 15% via roadmapped initiatives.
Risks
Motor TP loss ratios remain elevated; flood losses impacted Q2 margins by ₹118 Cr.
Last quarter's promises, checked
Delivered
- Targeted Motor segment leadership → Maintained market leadership at 10.5% share (= BEAT)
- Guided Retail Health outperformance → Grew 66.4% vs industry 31.6% (= BEAT)
- Commitment to profitable growth → Net Profit increased 27.5% YoY to ₹1,031 Cr (= BEAT)
Partly delivered
- Prudential Motor TP impact assessment → ₹1.65 Bn reserve impact taken; CoR hit 2.8% (= PARTIAL)
Missed
- Implied GDPI growth alignment → GDPI grew 7.5% vs Industry 10.9% (= MISS)
- Maintaining combined ratio trajectory → CoR 104.5% vs 103.9% YoY (= MISS)
Earnings Call Transcript filed with NSE, NSE: ICICIGI. Summary written with AI assistance from the document.
ICICI Lombard General Insurance Company Ltd: key numbers
- Share price
- ₹1,583.80
- Market cap
- ₹79,148 Cr
- Revenue (annual)
- ₹26,994 Cr
- Net profit (annual)
- ₹2,772 Cr
- P/E (TTM)
- 31.0×Sector 19.7×
- Promoter holding
- 51.28%+0.06% QoQ
- FII holding
- 18.34%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from ICICI Lombard General Insurance Company Ltd
All →ICICI Lombard General Insurance Company Employee Stock Options
ICICI Lombard allotted 84,705 equity shares under its employee stock option and stock unit schemes on 26 October 2026. Shares rank pari-passu with existing equity.
ICICI Lombard General Insurance Company Other Announcement
ICICI Lombard issued a TDS communication for the interim dividend of ₹7.0 per share declared on October 14, 2026. Shareholders must complete the required tax documentation.
ICICI Lombard General Insurance Company Dividend
ICICI Lombard's board declared an interim dividend of ₹7 per equity share, payable by November 12, 2026. The record date is set for October 23, 2026.
ICICI Lombard General Insurance Company Results Update
ICICI Lombard reported its Q2 FY2027 financial performance with PAT growing 27.5% to ₹10.31 billion. The company also declared an interim dividend of ₹7 per share.
ICICI Lombard General Insurance Company Q2 FY27 Results: Net Profit ₹946.4 Cr, Up 15.5% YoY
ICICI Lombard General Insurance Company Ltd reported revenue from operations of ₹7,813 Cr (+19.3% YoY) and net profit of ₹946.4 Cr (+15.5% YoY) for Q2 FY27.
- Key figure
- Net profit ₹946.4 Cr · +15.5% YoY
ICICI Lombard General Insurance Company Employee Stock Options
ICICI Lombard allotted 4,009 ESOP/ESU shares of Rs.10 each on October 14, 2026. The allocation was approved under delegated board authority.