ICICI Bank Ltd. - ADR


Market Cap$91.08B

Compare ICICI Bank Ltd. - ADR

P/E RatioDividendsReturn on EquityPrice-to-SalesDebt-to-Equity
ICICI Bank Ltd. - ADRICICI Bank Ltd. - ADR220.74%---
marketMarket Avg49.61.28%30%6.11.1
FinanceFinance Avg11.51.93%13%2.81.5

Earnings Call Q5 2023

January 23, 2024 - AI Summary

ICICI Bank reported strong financial results for Q3 FY '24, with profit before tax (excluding treasury) growing by 23.4% YoY and profit after tax increasing by 23.6% YoY.
The bank's core operating profit increased by 10.3% YoY, driven by growth in the retail, business banking, SME, and rural portfolios.
Total deposits grew by 18.7% YoY, while term deposits increased by 31.2% YoY.
The net NPA ratio remained stable at 0.44%, reflecting the bank's prudent provisioning and healthy levels of capital.
ICICI Bank continues to focus on digital offerings and platforms to enhance customer experience and drive risk-calibrated profitable growth.
The bank maintains a strong balance sheet with a CET1 ratio of 16.03% and total capital adequacy of 16.70%. Overall, ICICI Bank delivered solid financial performance, with steady loan growth, stable asset quality, and a focus on digital transformation. The bank remains well-positioned to capture opportunities in the evolving economic landscape.

Current Fair Value

2018.5% upside

Undervalued by 2018.5% based on the discounted cash flow analysis.

Share Statistics

Market cap$91.08 Billion
Enterprise Value-
Dividend Yield$0.1932 (0.74%)
Earnings per Share$1.17
Outstanding Shares3,508,512,089
Avg 30 Day Volume5,808,328


Return on Equity-
Return on Assets-
Return on Invested Capital-

Valuation & Multiples

P/E Ratio22.0
Price to Sales-
Price to Book Ratio-
Enterprise Value to Revenue-
Enterprise Value to EBIT-
Enterprise Value to Net Income-
Total Debt to Enterprise-
Debt to Equity-

Revenue Sources

No data

ESG Score

No data

About ICICI Bank Ltd.

CEO: Sandeep Bakhshi