| Revenue growth | New Business Premium grew 21.3% YoY, driven by protection segment surge. |
|---|---|
| Margins | VNB margins at 26.7%; impacted by GST input tax credit unavailability. |
| Demand visibility | Strong structural demand for retail protection; savings demand sensitive to interest rates. |
| Management confidence | Balanced tone, highlighting protection momentum while acknowledging high-base savings challenges. |
Growth
New business premium grew 21.3% YoY. Protection sales surged 60.4%, while non-participating savings products remained subdued due to high FD rates.
Outlook
Management refused explicit growth guidance for FY27, citing macroeconomic volatility and competitive pricing in the savings segment.
Risks
Substantial concentration in ICICI Bank (15%) and potential loss of Standard Chartered as a key distribution partner. Margin stagnation due to tax headwinds.
Earnings Call filed with NSE, 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
All →ICICI Prudential Life Insurance Company Board Meeting Date
ICICI Prudential Life Insurance will hold a board meeting on October 13, 2026, to consider and approve the unaudited financial results for the quarter ended September 30, 2026.
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.
ICICI Prudential Life Insurance Company Employee Stock Options
ICICI Prudential Life allotted 10,142 equity shares under its ESOP (2005) and EPS (2023) schemes. The allotment was approved by the MD & CEO under delegated board authority.
ICICI Prudential Life Insurance Company Annual General Meeting
Shareholders approved changing the company's name to 'ICICI Life Insurance Limited' through a postal ballot. The formal voting results have been declared.
ICICI Prudential Life Insurance Company Legal & Regulatory
ICICIPRULI's GST appeal was dismissed, upholding a ₹3.75 Crore tax demand and penalty for July 2017–Sept 2019. The company plans to file a further appeal.
- Value
- ₹3.75 Cr
ICICI Prudential Life Insurance Company Employee Stock Options
ICICI Prudential Life allotted 184,265 shares under ESOP 2005 and ESUS 2023 schemes. MD & CEO approved the allotment on September 8, 2026.