ICICI Lombard General Insurance Company Ltd (ICICIGI) — shareholding pattern, promoter holding, financials and share price
About ICICI Lombard General Insurance Company Ltd (ICICIGI)
ICICI Lombard General Insurance Company Ltd operates in the General Insurance industry, within the Financial Services sector. It trades on the NSE as ICICIGI and on the BSE under scrip code 540716. Its ISIN is INE765G01017.
ICICI Lombard General Insurance Co. Ltd is one of the leading and established private sector general insurance companies in India. It offers a well-diversified range of products and risk management solutions through multiple distribution channels. [1] It was established in 2001 as a JV between ICICI Bank and Fairfax Financial Holdings Ltd. ICICI held 64% stake and the rest was held by JV partner. Fairfax Financial exited in 2019 by selling its remaining 5% stake in the company for ~2,600 crores. [2]
ICICI Lombard is India’s leading private-sector general insurer offering a diversified property and casualty portfolio including motor, health, fire, marine, engineering, liability and crop insurance distributed through brokers, bancassurance, agents, direct, digital channels and government business; the company reported FY2026 GDPI of ₹287.12 billion and GWP of ₹306.18 billion, with 341 branches and 15,008 employees.
Financially, ICICI Lombard delivered PAT of ₹27.72 billion in FY2026 (1/n basis), PBT of ₹36.59 billion and a solvency ratio of 2.67x, while ROAE was 17.8% for the year; combined ratio for FY2026 on a 1/n basis was 103.4% though Q4 improved to 101.2%, signaling improving underwriting performance late in the year.
Listed peers in General Insurance: HDFC Life Insurance Company Ltd, ICICI Prudential Life Insurance Company Ltd, General Insurance Corporation of India, Max Financial Services Ltd, Star Health & Allied Insurance Company Ltd, New India Assurance Company Ltd.
Valuation & Returns
10 Jul 2026At ₹1,822.5 a share on 10 Jul 2026, ICICI Lombard General Insurance Company Ltd (ICICIGI) was valued at a price-to-earnings ratio of 30.91x against an industry P/E of 15.61x and a price-to-book of 5.47x on a book value of ₹333.16 per share as of Mar 2026. Solomo computes return on equity of 17.7% and return on capital employed of 22% from filed results. Earnings ratios use standalone results for the twelve months Jun 2025 to Mar 2026.
- P/E
- 30.91x
- Industry P/E
- 15.61x
- P/B
- 5.47x
- EPS (TTM)
- ₹58.96
- Book value / share
- ₹333.16
- ROE
- 17.7%
- ROCE
- 22%
- ROA
- 3.87%
- Debt / equity
- 0x
- Dividend yield
- 0.74%
- EBITDA margin
- 16.43%
- 52-week range
- ₹1,630 – ₹2,064.15
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2026In the year ended Mar 2026, ICICI Lombard General Insurance Company Ltd (ICICIGI) reported revenue of ₹26,994 crore, net profit of ₹2,772 crore and earnings per share of ₹55.61. That compares with revenue of ₹23,961 crore and net profit of ₹2,508 crore in Mar 2025. Figures are standalone, as filed with the exchanges.
In the quarter ended Jun 2026, revenue was ₹7,088 crore and net profit ₹403 crore (standalone).
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 16,026 | 17,876 | 20,572 | 23,961 | 26,994 |
| Net profit (₹ cr) | 1,271 | 1,729 | 1,919 | 2,508 | 2,772 |
| EPS (₹) | 25.89 | 35.21 | 38.94 | 50.6 | 55.61 |
| Measure | 10Y | 5Y | 3Y | 1Y |
|---|---|---|---|---|
| Sales growth | 15.27% | 16.32% | 12.69% | 12.66% |
| Profit growth | 16.49% | 13.48% | 17.04% | 10.51% |
Ownership Summary
Jun 2026As of Jun 2026, promoters hold 51.22% of ICICI Lombard General Insurance Company Ltd (ICICIGI) (down 0.07 pp QoQ), foreign institutional investors (FII) hold 21.45% and domestic institutional investors (DII) hold 20.75%. Market capitalisation was ₹90,992 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Sep 2017.
Largest disclosed public shareholders in Jun 2026: ICICI PRUDENTIAL MUTUAL FUND THROUGH VARIOUS SCHEMES 2.87%, GOVERNMENT PENSION FUND GLOBAL 2.73%, NPS TRUST 2.46%, SBI MUTUAL FUND THROUGH VARIOUS SCHEMES 1.77%, KOTAK MUTUAL FUND THROUGH VARIOUS SCHEMES 1.6%, NIPPON LIFE INDIA MUTUAL FUND THROUGH VARIOUS SCHEMES 1.51%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Jun 2026 | 51.22% | - | 21.45% | 20.75% | 48.78% |
| Mar 2026 | 51.29% | - | 22.29% | 19.52% | 48.71% |
| Dec 2025 | 51.31% | - | 23.35% | 18.36% | 48.69% |
| Sep 2025 | 51.37% | - | 24.04% | 17.51% | 48.63% |
| Jun 2025 | 51.46% | - | 23.93% | 17.61% | 48.54% |
| Mar 2025 | 51.55% | - | 23.68% | 17.84% | 48.45% |
| Dec 2024 | 51.6% | - | 24.36% | 17.29% | 48.4% |
| Sep 2024 | 51.66% | - | 24.75% | 16.73% | 48.34% |