ICICI Lombard General Insurance Company Ltd Stock Analysis

BSE: 540716 | NSE: ICICIGI | Insurance | Large Cap

BSE Share Price 27-Mar-2023 18:02
1074.15 -2.60 (-0.24%)

DeciZen - Make an Informed Decision on ICICI Lombard Gen.

Overall Rating

1. Quality

2. Valuation

Undervalued

3. Price Trend

Semi Strong

ICICI Lombard Gen. Price Chart

P/E Ratio ( SA) :
32.88
Market Cap :
52,754.2 Cr.
52-wk low :
1,049.1
52-wk high :
1,410.6
Bole Toh?

1. Is ICICI Lombard General Insurance Company Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that ICICI Lombard General Insurance Company Ltd is a good quality company.

2. Is ICICI Lombard General Insurance Company Ltd undervalued or overvalued?

The key valuation ratios of ICICI Lombard General Insurance Company Ltd's currently when compared to its past seem to suggest it is in the Undervalued zone.

3. Is ICICI Lombard General Insurance Company Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of ICICI Lombard General Insurance Company Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of ICICI Lombard Gen.:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
ICICI Lombard General Insurance Company Ltd has performed well in majority of the past ten years indicating its past ten year financial track record is very good

Value Creation

Value Creation Index Colour Code Guide

Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
ROCE % 0%0%0%0%289.4%177.7%216.3%246.1%303.7%343.5%-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 00000000000
YoY Gr. Rt. %-NANANANANANANANANA-
Adj EPS 711.51211.315.61923.126.332.425.932.7
YoY Gr. Rt. %-64.1%4.4%-5.4%37.2%22%21.7%13.7%23.3%-20.1%-
BVPS (₹) 40.453.563.27182.6100117.1135163.6185.6202.7
Adj Net Profit 3065115365077028621,0491,1941,4731,2711,605
Cash Flow from Ops. 984595-97.95111,6282,3902,9763,4331,774809-
Debt/CF from Ops. 00000.30.20.20.10.30.3-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales NANANANA
Adj EPS 15.6%10.7%3.9%-20.1%
BVPS 18.517.616.613.5
Share Price - 6.3% 1.6% -15.2%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
Return on Equity % 0000000000-
Op. Profit Mgn % 0000000000-
Net Profit Mgn % 0000000000-
Debt to Equity 00000.10.10.10.10.10-
Working Cap Days 00000000000
Cash Conv. Cycle 00000000000

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 16.80%

Sales growth is good in last 4 quarters at 17.35%

Sales growth has been subdued in last 3 years 0.00%

Net Profit has been subdued in last 3 years 3.87%

Latest Financials - ICICI Lombard General Insurance Company Ltd.

Standalone Consolidated
TTM EPS (₹) 32.7 -
TTM Sales (₹ Cr.) 14,415 -
BVPS (₹.) 202.7 -
Reserves (₹ Cr.) 9,462 -
P/BV 5.30 -
PE 32.88 -
From the Market
52 Week Low / High (₹) 1049.10 / 1410.55
All Time Low / High (₹) 619.00 / 1674.00
Market Cap (₹ Cr.) 52,754
Equity (₹ Cr.) 491.1
Face Value (₹) 10
Industry PE 20.1

Management X-Ray of ICICI Lombard Gen. :

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of ICICI Lombard Gen.

Adj EPS (Rs.)
Sales (Cr.)
ROE (%)
ROCE (%)

News

ICICI Lombard General Insurance Company Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of ICICI Lombard Gen. on 27-Mar-2023 18:02 is : 1,074.2.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 27-Mar-2023 18:02 the market cap of ICICI Lombard Gen. stood at ₹ 52,754.2.
The latest PE ratio of ICICI Lombard Gen. as of 27-Mar-2023 18:02 is 32.88.
The latest PB ratio of ICICI Lombard Gen. as of 27-Mar-2023 18:02 is 5.30
The 52-week high of ICICI Lombard Gen. is ₹ 1,410.6 and the 52-week low is ₹ 1,049.1.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue / sales of ICICI Lombard Gen. is ₹ 14,415 ( Cr.) .

About ICICI Lombard General Insurance Company Ltd

ICICI Lombard General Insurance Company Ltd. is one of the leading private sector general insurance companies in India. At ICICI Lombard, customer satisfaction is its motto. Stretching ourselves and going beyond the ordinary for the satisfaction and smiles of its customers is something that is deeply embedded in its DNA. Be it an untoward incident due to the unpredictability of nature or losses suffered due to accidents or medical challenges, it remains committed to be at people side and serve people always. Its value proposition is driven by a promise to be the best partner for its customers. With a promise to ensure quick and smooth claims processing, its unmatched services are there to assist people at all times.

Business area of the company

The company provides general insurance solutions to secure people and their family against unexpected and untoward events. With ICICI Lombard, people can avail protection solutions for business, personal and project liabilities across rural as well as urban areas in India. It offers insurance coverage for motor, health, travel, home, student travel and more.

Products

  • Motor Insurance
  • Car Insurance
  • Two Wheeler Insurance
  • Health Insurance
  • Complete Health Insurance
  • Complete Health Insurance
  • Health Booster
  • Personal Accident Insurance
  • International Travel Insurance
  • Home Insurance
  • Marine Insurance
  • NRI Insurance Services
  • Business Insurance
  • Third Party Insurance
  • Crop Insurance
  • Rural Insurance

Services

  • Customer Support
  • Grievance Redressal
  • Retrieve Quote
  • Unclaimed Amount
  • Intimate Claim
  • Track Claim
  • Marine/Property Claims
  • Live Chat
  • Whatsapp Notification
  • EIA

Awards and Recognitions

  • In 2015, ICICI Lombard was awarded the Golden Peacock Innovation Management Award. At the 5th annual edition of the Indian Insurance Award, 2015, it conferred with the ‘E-Business Leader’ Award in the General Insurance Category.
  • ICICI Lombard received the Golden Peacock Award for Business Excellence and the Claim Service Leader Award in 2016. 
  • ICICI Lombard was conferred the Technology Innovation Award at the Indian Insurance Awards 2016. 
  • ICICI Lombard received the Fintelekt Insurance Awards for Bancassurance Leader (General Insurance – Large Category) and Technology Initiative of the Year in 2017. 
  • ICICI Lombard was conferred the Asia Quality Excellence & Leadership Awards in the year 2017.
  • It won the ‘Gold Shield’ award for excellence in financial reporting (non-life insurance) category for its Annual Report for FY2019, presented by the Institute of Chartered Accountants of India.
  • It was conferred with the ‘Vision Awards’ for its Annual Report FY2019.
  • It recognised as one of the ‘20 Best Insurers in the Asia Pacific Region’ for 2020.
  • It was adjudged ‘India’s Leading General Insurance Company - Private’ at the Dun & Bradstreet BFSI Summit & Awards 2020.

Milestones

2001

  • CICI Lombard commences Non-Life Insurance operations.

2004

  • Became the largest private sector general insurer.

2010

  • Settled more than 5 million claims.

2014

  • Number of policies issued by crossed 10 million, profit after tax crossed Rs. 5 billion.

2016

  • First General insurance company of India to issue subordinated debt.

2017

  • Crossed Rs 100 billion of GDPI.

2019

  • IntrCity by RailYatri, ICICI Lombard General Insurance Company and Marsh have partnered to provide travel insurance cover worth Rs 5,00,000 to all SmartBus Passengers.

2020

  • The Competition Commission of India has approved the acquisition of general insurance business of Bharti AXA General Insurance Company (Bharti AXA) by ICICI Lombard General Insurance Company.
  • ICICI Lombard General Insurance Company has entered into a Bancassurance tie-up with Yes Bank.
  • ICICI Lombard General Insurance Company, Go Digit General Insurance and Flipkart have joined hands to offer health policies related to Covid-19.
  • ICICI Lombard General Insurance and realme paySa have entered into strategic association to provide screen protection for realme phones, under the All Risk Insurance Policy underwritten by the company.
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