Price To Earnings Ratio 19.09 | Sector PE 14.25 |
PB Ratio 3.36 | Sector PB 1.67 |
EPS 63.02 | Dividend Yield 0.91 |
Today's Volume 8.788 M | 5 Day Avg. Volume 13.071 M |
PEG Ratio 0.65 | Market Cap. ₹ 8,70,000.00 Cr. |
Time | ICICIBANK | VS | Industry |
---|---|---|---|
1 Day | -1.05% | 0.23% | |
1 Week | -1.45% | -0.33% | |
1 Month | -0.96% | -2.88% | |
6 Months | 6.6% | -7.76% | |
1 Year | 31.6% | -0.07% |
Period (Days) | SMA | Indication |
---|---|---|
10 | 1253.13 | Bearish |
20 | 1276.24 | Bearish |
30 | 1262.43 | Bearish |
50 | 1232.56 | Bearish |
100 | 1204.25 | Bearish |
200 | 1131.48 | Bullish |
Annual | FY 2024 | FY 2023 | FY 2022 | ||||
---|---|---|---|---|---|---|---|
Operating Activities | 157284.49 | -3771.19 | 58111.43 | ||||
Investing Activities | -145931.10 | -68005.32 | -39321.44 | ||||
Financing Activities | 13764.51 | 24790.72 | 17451.00 | ||||
Net Cash Flow | 25117.90 | -46985.79 | 36240.99 |
All Figures in ₹ Cr., unless mentioned otherwise
Name | 1D (%) | 1W (%) | 1M (%) | 6M (%) | 1Y (%) |
---|---|---|---|---|---|
ICICI Bank | -1.05 | -1.45 | -0.96 | 6.6 | 31.6 |
AU Small Finance Bank | -1.43 | -3.27 | -4.97 | 13.76 | -3.33 |
Axis Bank | -2.1 | -1.13 | -1.77 | 4.03 | 14.41 |
Bandhan Bank | 13.88 | 15.08 | 9.18 | 24.79 | -19.23 |
Bank of Baroda | -2.41 | -3.79 | 3.99 | -13.81 | 13.65 |
This article aims to examine ICICI Bank Limited through understanding its business model and industry fundamentals that could help as an investment for you.
ICICI Bank Limited is an Indian multinational bank and financial services firm, which has its headquarters in Mumbai while having a registered office at Vadodara. It was formerly known as The Industrial Credit and Investment Corporation of India.
The bank provides corporate and retail customers with a variety of banking and financial services through different delivery channels and specialized subsidiaries operating in the fields of investment banking, life insurance and non-life insurance, venture capital and asset management.
ICICI has a network of 6,000 branches and 17,000 ATMs all over India and is present in 17 other countries. The bank’s subsidiaries are located in the United Kingdom and Canada while its branches can be found in the United States, Singapore, Bahrain, Hong Kong, Qatar, Oman, Dubai International Finance Centre (DIFC), China, and South Africa. Additionally, there are representative offices in the United Arab Emirates (UAE), Bangladesh, Malaysia as well as Indonesia.
The Reserve Bank of India (RBI) has identified ICICI Bank as a Domestic Systemically Important Bank (D-SIB), often referred to as a bank that is “too big to fail”.
The banking sector in India is poised for significant growth and transformation, making it a potentially good investment option. The sector is expected to witness a significant increase in revenue, with the projected revenue estimated to reach US$15.14 billion in 2024.
Multiple disruptive forces are reshaping the foundational architecture of the banking and capital markets industry, including higher interest rates, reduced money supply, more assertive regulations, climate change, and geopolitical tensions. The exponential pace of new technologies is influencing how banks operate and serve customer needs.
Given these factors, ICICI Bank Limited could be a good choice for investment in the banking sector in India. It has shown strong performance and has a solid investor relations program.
Some of ICICI Bank Limited’s key competitors in the banking sector are as follows:
Here’s an overview of the development of ICICI Bank Limited, one of India’s largest private-sector banks that has had a rich history spanning several decades:
Here’s a summary of ICICI Bank Limited’s financial information as of June 2024:
Metric |
Value |
---|---|
Rs. 7,79,065 Cr. |
|
Book value |
Rs. 307 (Per share) |
0.70 % |
|
8.37 % |
|
20.6 % |
|
Rs. 2.00 |
Here’s a concise summary of Asian Paints Limited’s shareholding pattern as of June 2024 :
Let us compare ICICI Bank Ltd with its peers that have full data available. See the table below:
Metric |
State Bank of India (SBI) |
HDFC Bank |
Axis Bank |
Kotak Mahindra Bank |
---|---|---|---|---|
11.85 |
18.64 |
14.32 |
18.75 |
|
P/B Ratio |
1.88 |
2.63 |
2.42 |
2.63 |
Dividend Yield (Avg.) |
1.51 |
1.24 |
0.08 |
0.12 |