ICICIBANK

ICICI BANK

Large Cap BSE: 532174 NSE: ICICIBANK
₹922.65
-10.95 (-1.17%)
As on 07 December, 2022 | 00:03

Icici Bank Performance

Day Range

  • Low
  • High

52 Week Range

  • Low
  • High
  • Open Price
  • Previous Close
  • Volume

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Icici Bank Share Price

Icici Bank Share Returns

  • Over 1 Month 1.92%
  • Over 3 Month 4.41%
  • Over 6 Month 23.56%
  • Over 1 Year 30.03%

Icici Bank Key Statistics

P/E Ratio 21.7
PEG Ratio 0.6
Market Cap Cr 643,523
Price to Book Ratio 3.6
EPS 33.5
Dividend 0.5
Relative Strength Index 50.55
Money Flow Index 67.35
MACD Signal 10.12
Average True Range 15.05

Icici Bank Investment Rating

  • Master Rating:
  • Icici Bank has an operating revenue of Rs. 167,096.41 Cr. on a trailing 12-month basis. An annual revenue de-growth of -2% needs improvement, Pre-tax margin of 22% is great, ROE of 14% is good. The stock from a technical standpoint is trading close to its 50DMA and comfortably placed above its 200DMA, around 16% above 200DMA. It needs to take support around the 50 DMA level to continue further upside move. It has recently broken out of a base in its weekly chart and is trading around -0% from the pivot point (which is the ideal buying range for a stock). From an O'Neil Methodology perspective, the stock has an EPS Rank of 95 which is a GREAT score indicating consistency in earnings, a RS Rating of 68 which is FAIR indicating the recent price performance, Buyer Demand at C+ which is evident from recent supply seen, Group Rank of 38 indicates it belongs to a strong industry group of Banks-Money Center and a Master Score of B is close to being the best. Institutional holding has gone up in the last reported quarter is a positive sign. Overall, the stock is lagging behind in some of the technical parameters, but great earnings make it a stock to examine in more detail.

EPS Strength

Price Strength

Buyer Demand

Group Rank

ICICI Bank Financials
IndicatorSep 2022Jun 2022Mar 2022Dec 2021Sep 2021Jun 2021Mar 2021
Oper Rev Qtr Cr 26,03323,67222,67522,08321,23420,38319,842
Operating Expenses Qtr Cr 8,1617,5667,0497,0756,5726,0376,003
Operating Profit Qtr Cr 6,6255,6445,5565,1615,1184,8994,428
Depreciation Qtr Cr 0000000
Interest Qtr Cr 11,24610,46210,0709,8479,5449,4489,411
Tax Qtr Cr 2,4782,2602,2051,9471,6901,4271,254
Net Profit Qtr Cr 7,5586,9057,0196,1945,5114,6164,403

Icici Bank Technicals

EMA & SMA

Current Price
922.65
-10.95 (-1.17%)
  • Bullish Moving Average
  • ___
  • 0
  • Bearish Moving Average
  • ___
  • 0
  • 20 Day
  • 926.1
  • 50 Day
  • 906.49
  • 100 Day
  • 873.31
  • 200 Day
  • 824.67
  • 20 Day
  • 924.7
  • 50 Day
  • 901.62
  • 100 Day
  • 875.74
  • 200 Day
  • 799.2

Icici Bank Resistance and Support

PIVOT
₹933.
Resistance
First Resistance 937.6
Second Resistance 941.6
Third Resistance 946.2
RSI 50.55
MFI 67.35
MACD Single Line 10.12
MACD 8.83
Support
First Resistance 929
Second Resistance 924.4
Third Resistance 920.4

Icici Bank Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 18,375,547 1,485,662,975 80.85
Week 16,275,924 1,219,554,985 74.93
1 Month 13,106,970 953,663,144 72.76
6 Month 12,085,707 778,561,243 64.42

Icici Bank Result Highlights

ICICI Bank Synopsis

NSE-Banks-Money Center

Icici Bank is involved in the business activities of Monetary intermediation of commercial banks, saving banks. postal savings bank and discount houses. Company’s Total Operating Revenue is Rs. 86374.55 Cr. and Equity Capital is Rs. 1389.97 Cr. for the Year ended 31/03/2022. ICICI Bank Ltd. is a Public Limited Listed company incorporated on 05/01/1994 and has its registered office in the State of Gujarat, India. Company’s Corporate Identification Number(CIN) is L65190GJ1994PLC021012 and registration number is 021012.
Market Cap 643,562
Sales 113,907
Shares in Float 697.52
No of funds 1996
Yield 0.54
Book Value 3.83
U/D Vol ratio 0.8
LTDebt / Equity 63
Alpha 0.08
Beta 1.01

ICICI Bank

Owner NameSep-22Jun-22Mar-22Dec-21
Mutual Funds 28.79%29.19%28.85%
Insurance Companies 12.71%13.07%12.78%
Foreign Portfolio Investors 44.77%43.54%43.95%
Financial Institutions/ Banks 0.09%0.07%0.07%
Individual Investors 7.89%8.29%8.43%
Others 5.75%5.84%5.92%

ICICI Bank Management

Name Designation
Mr. Girish Chandra Chaturvedi Non Exe.Part Time Chairman
Mr. Sandeep Bakhshi Managing Director & CEO
Mr. Sandeep Batra Executive Director
Mr. Anup Bagchi Executive Director
Mr. Rakesh Jha Executive Director
Ms. Neelam Dhawan Independent Director
Mr. Uday Chitale Independent Director
Mr. Radhakrishnan Nair Independent Director
Mr. Hari L Mundra Independent Director
Mr. B Sriram Independent Director
Ms. Vibha Paul Rishi Independent Director
Mr. S Madhavan Independent Director

Icici Bank Forecast

Price Estimates

2,000(9.8%)
1,758(-3.5%)
1,590(-12.7%)

Other Analyst Rating

Icici Bank Corporate Action

Date Purpose Remarks
2022-10-22 Quarterly Results
2022-07-23 Quarterly Results
2022-04-23 Audited Results & Final Dividend
2022-01-22 Quarterly Results
2021-10-23 Quarterly Results
Date Purpose Remarks
2022-08-10 FINAL Rs.5.00 per share(250%)Final Dividend
2021-07-30 FINAL Rs.2.00 per share(100%)Final Dividend

ICICI Bank MF Shareholding

Name Amount(cr)
SBI Nifty 50 ETF 151468
SBI S&P BSE Sensex ETF 83302
SBI Equity Hybrid Fund Regular Payout Inc Dist cum Cap Wdrl 56730
HDFC Balanced Advantage Fund Growth 49709
ICICI Prudential Balanced Advantage Fund Growth 44002

About Company

An Indian multinational financial services company headquartered in Vadodara, Gujarat, ICICI (Industrial Credit and Investment Corporation of India) Bank Limited is the largest private sector bank in the country. It has a presence in over 17 nations worldwide.

It has a network of 5,275 branches and more than 15,500 ATMs in India. It offers a huge range of financial services and banking products for retail and corporate customers through various channels.

The most prominent areas it serves include personal and business banking, insurance solutions, venture capital, investment banking, securities, and asset management for SMEs, high-net-worth investors, and retail customers. The company offers many products, including deposit accounts, commercial and customer cards, investment products, and resident foreign currency accounts. 

History

ICICI was established in 1955 as a joint venture of public sector insurance companies, banks, and the World Bank to provide medium- and long-term project financing to businesses in India. ICICI Bank was founded in 1994 as a wholly-owned subsidiary that later merged with the company.

In the 1990s, ICICI started offering diversified financial services through its subsidiaries and introduced a broader range of banking and financial products to a bigger spectrum of clients. In 1999, it became the first Indian company and the first financial institution from Asia to get listed on the NYSE.

A reverse merger tool took place in 2002 wherein the bank, subsidiaries, and other group companies merged to integrate the banking and financial operations of the company into a single entity. In 2020, the company invested INR 10 billion in YES Bank to take a 5% ownership in the bank.

Over the years, ICICI has won several awards and recognitions in the industry and has continued to introduce innovative products and technologies. It also helped set up the CIBIL (Credit Information Bureau of India Limited) in 2000. 

Shareholding Pattern

As of March 2022, promoters hold no shares of ICICI Bank Ltd., while foreign institutions hold 43.95% of its shares. Out of the remaining stake, the general public holds 11.22%, DII holds 44.81%, and others hold 0.02%.

Corporate Social Responsibility Information

ICICI Bank Ltd. has a long-standing commitment to CSR and contributes to socio-economic development through industry-leading interventions. The area's activities are implemented directly or through the ICICI Foundation, which focuses on inclusive growth.

Here are the prominent programmes approved by the company under its corporate social responsibility plan.

ICICI Academy for Skills

This national-level initiative was created to meet the demand for skilled labour and create opportunities for underprivileged youth.

The academy offers job-oriented, industry-relevant training in ten technical and three office skill courses. There are 28 academies across 20 states providing free training, maintaining a record of 100% placement.

Financial Inclusion

The foundation has initiated a financial literacy programme to increase awareness about financial products and strengthen the decision-making capability of the beneficiaries.

The programme reaches out from schools and colleges to people belonging to economically backward classes like workers.

Rural Self Employment Training Institutes

Under the national programme run by the MoRD, the bank has set up RSETIs to provide vocational training to rural youth. Under this initiative, satellite centres are being set up in different blocks within districts to provide training at the doorstep through flexible training courses to the youth.

ICICI Bank Ltd also undertakes several other programmes for inclusive growth, benefitting a large number of people throughout the country every year. For example, 'Kaushal Utsav' exhibitions display the talent of trainees from rural areas. 'Daan Utsav' is an annual event conducted at banks and companies whereby employees and customers can contribute to social development causes.

Financial Information

Top Line

The company's financial reports over the last few years suggest that its revenue has grown continuously from INR 72,385 crores in 2018 to INR 104,892 crores in 2022.

Bottom Line

Looking at the performance reports, ICICI Bank's bottom line has grown exponentially over the past few years, with profit after tax growing by 44% YOY to INR 23,339 crores in March 2022. The core operating profit has also increased by 22% YOY to 38,347 crore INR in the financial year ending in March 2022.

Net Worth

The company's net worth has consistently increased over the past few years. ICICI Bank Ltd. had reported a net worth of INR 1,47,509 crores in the year ending March 2022, while the previous year's net worth was INR 1,16,504 crores.

ICICI Bank FAQs

What is Share Price of ICICI Bank ?

ICICI Bank share price is ₹922 As on 06 December, 2022 | 23:49

What is the Market Cap of ICICI Bank ?

The Market Cap of ICICI Bank is ₹643523.1 Cr As on 06 December, 2022 | 23:49

What is the P/E ratio of ICICI Bank ?

The P/E ratio of ICICI Bank is 21.7 As on 06 December, 2022 | 23:49

What is the PB ratio of ICICI Bank ?

The PB ratio of ICICI Bank is 3.6 As on 06 December, 2022 | 23:49

When was the ICICI Bank founded?

ICICI Bank was founded in June 1994 in Vadodara.

Who is the CEO of ICICI Bank?

Sandeep Bakhshi is the CEO of ICICI Bank since 15 Oct 2018.

When did ICICI Bank launch internet banking operations?

In 1998, ICICI Bank began offering Internet Banking services.

Is ICICI Bank a good buy?

On a trailing 12-month basis, ICICI Bank has an operating revenue of Rs. 162,412.83 Cr. Annual revenue growth of 8% is good, the pre-tax margin of 16% is excellent, and ROE of 11% is excellent. The fact that institutional holdings increased in the most recent quarter is a good sign.

Who is the promoter of ICICI Bank?

ICICI Bank Ltd Ownership

Owner Name

Jun-21

Mar-21

Dec-20

Mutual Funds

26.26%

26.07%

26.35%

Insurance Companies

12.56%

12.85%

13.4%

Foreign Portfolio Investors

48.01%

47.78%

47.43%

Financial Institutions/ Banks

0.08%

0.05%

0.03%

Individual Investors

7.6%

7.65%

7.34%

Others

5.49%

5.6%

5.45%

Does ICICI Bank give dividends?

ICICI Bank has declared a 100% equity dividend amounting to INR 2 per share for the fiscal year ending March 2021.

What is the rank of ICICI Bank in India?

Private lenders ICICI Bank is the 3rd largest among the top banks in India.

How can I buy the shares of ICICI?

You can buy the shares of ICICI Bank Ltd. by opening a Demat account online and verifying your identity.

What is the face value of the share of ICICI Bank Ltd.?

The share's face value is INR 2. 

Q2FY23