| Revenue growth | APE grew 14.6% YoY; New Business Premium grew 21% YoY. |
|---|---|
| Margins | VNB margin improved to 26.7% in Q1-FY2027 from 24.5% in Q1-FY2026. |
| Demand visibility | Strong growth in protection (45.7%) and annuity (33.0%) segments. |
| Management confidence | High; focusing on 3C framework (Customer centricity, Competency, Catalyst). |
Growth
VNB grew 24.9% YoY to ₹5.71 billion; APE rose 14.6% to ₹21.36 billion. PAT increased 27.8% YoY to ₹3.86 billion.
Outlook
Targeting sustainable VNB growth by balancing business growth, profitability, and prudence. Retail protection APE grew 60.4% YoY.
Risks
13M persistency dipped slightly to 84.0% from 84.5% in March. Cost-to-total premium ratio increased to 21.8% from 21.2%.
Last quarter's promises, checked
Delivered
- Guided VNB growth → delivered 24.9% YoY (= BEAT)
- Guided retail protection focus → delivered 60.4% YoY growth (= BEAT)
- Guided sustainable solvency > 150% → delivered 225.4% (= BEAT)
Missed
- Guided 13M persistency stability → delivered 84.0% vs 84.5% (= MISS)
- Guided cost efficiency → delivered 21.8% cost-to-premium vs 21.2% (= MISS)
Earnings Call filed with BSE, NSE: ICICIPRULI. Summary written with AI assistance from the document.
ICICI Prudential Life Insurance Company Ltd: key numbers
- Share price
- ₹463.00
- Market cap
- ₹67,190 Cr
- Revenue (annual)
- ₹63,467 Cr
- Net profit (annual)
- ₹1,600 Cr
- P/E (TTM)
- 39.9×Sector 22.0×
- Promoter holding
- 72.73%-0.07% QoQ
- FII holding
- 10.22%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from ICICI Prudential Life Insurance Company Ltd
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ICICI Prudential Life Insurance Company Other Announcement
ICICI Prudential Life Insurance Company Limited has changed its name to 'ICICI Life Insurance Limited' effective September 22, 2026, following approval from the ROC.
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- Value
- ₹3.75 Cr
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ICICI Prudential Life allotted 184,265 shares under ESOP 2005 and ESUS 2023 schemes. MD & CEO approved the allotment on September 8, 2026.