ICICIBANK · NSE

ICICI Bank Limited

₹1,338.9

-0.65% (-₹8.7)

Prev. close

₹1,347.6

Volume

75,09,409

Delivery %

70.5%

As of

18 Sept 2026

Price history

Bullish

Dolat Capital Analysis · Dolat Capital · 20 Jul 2026

Retained 'Buy' on ICICI Bank, raising its target price to Rs 1,800, implying a 25% upside. The bank's Q1FY27 performance exceeded expectations across key metrics, including loan growth, deposit growth, credit costs, and net interest margins.

Published mid-session at 09:27 IST. Tracking counts only prices printed after publication — the chart's dashed divider marks that moment; earlier prices never count toward entry or results.

₹1,338.9-₹121.3 (-8.31%) · CALL
20 Jul 202618 Sept 2026
₹1,338.9Entry ₹1,460.220 Jul07 Aug21 Aug04 Sept18 SeptCall published 09:27
Dolat Capital Analysis's call · 20 Jul 2026

Analyst sentiment

Analysts lean bullish

16 analyst stances · last 90 days · one per analyst

Trackable

9 · 8 bull / 1 neutral / 0 bear

Long-Horizon

1 · 1 bull / 0 neutral / 0 bear

Commentary

6 · 6 bull / 0 neutral / 0 bear

Trackable = verdict-bearing calls · Long-Horizon = 1yr+ horizon, verdict pending · Commentary = context, not graded

Bullish 94% (15)Neutral 6% (1)Bearish 0% (0)
Explore by date range →

Analyst opinions

CallAnalystInstrumentVerdictActions
Retained 'Buy' on ICICI Bank, raising its target price to Rs 1,800, implying a 25% upside. The bank's Q1FY27 performance…Dolat Capital AnalysisDolat CapitalICICI BankPENDING
Retained 'Buy' on ICICI Bank, raising its target price to Rs 1,800, implying a 25% upside. The bank's Q1FY27 performance exceeded expectations across key metrics, including loan growth, deposit growth, credit costs, and net interest margins.
Rating & targetTrack opinion →

This call hasn't reached its evaluation window yet — the verdict will appear here once it's graded.

Long-Horizon calls · 1yr+ horizon · verdict pending

CallAnalystInstrumentVerdictActions
Market commentary · 13 · levels, conditionals, previews, macro & hedged views — context, not graded
CallAnalystInstrumentVerdictActions

Fundamentals

About ICICI Bank Limited

ICICI Bank Limited, together with its subsidiaries, engages in the provision of various banking and financial services to corporate and retail customers in India and internationally. The company operates through Retail Banking, Wholesale Banking, Treasury, Other Banking, Life Insurance, General Insurance, and Others segments. The company offers asset management, securities brokerage, private equity, foreign exchange, agricultural and rural banking, equities underwriting, depositary share accounts, consumer durable goods financing, corporate salary and current account, savings and sovereign gold bonds, insurance policies, public offerings, investment, credit and protection, retail inward remittances, certificates of deposits, and payment and transaction banking products and services. It is also involved in the fee and commission-based activities; distribution of financial products; venture capital and real estate fund management business; treasury and rural banking operations; financial solutions; working capital financing; I-Process services, mutual funds, investment banking, and pension funds; and advisory activities. In addition, the company provides savings, salary, capital gains scheme, Hindu undivided family savings, real estate regulatory authority, government e-marketplace, current, trade, escrow, and foreign currency accounts. Further, it offers personal, home, car, education, gold, automobile, and commercial business loans, as well as loans against time deposits, securities, and property; and working capital loans, as well as credit, debit, prepaid, travel, forex, commercial, and corporate cards. Additionally, the company provides fixed income products; investment products; payments; general, accident, life, health, vehicle, and travel insurance products; cash management and merchant services; capital market and securities market services; and forex, derivatives, bullion, and bonds. The company was founded in 1955 and is headquartered in Mumbai, India.

Details

Sector

Financial Services

Industry

Banks - Regional

CEO

Mr. Sandeep Bakhshi B.E.

Headquarters

Mumbai

Employees

1,24,029

Key stats

Market cap

₹9.67 L Cr

P/E ratio (TTM)

17.4

Dividend yield

0.88%

EPS (TTM)

₹77.32

Beta (1Y · daily vs NIFTY 50)

0.94

Beta (5Y · monthly vs NIFTY 50)

0.97

Shares float

714.44 Cr

EPS · quarter ended Jun 2026

₹21.29

Upcoming earnings

17 Oct 2026

Financial Performance

01 · Financials

0 L Cr1 L Cr2 L Cr3 L Cr-20%0%20%40%FY21FY22FY23FY24FY25FY26
RevenueNet incomeRevenue growth YoY

FY21 growth needs FY20 filings, which the data source doesn't provide.

02 · Earnings Per Share (EPS)

0255075FY21FY22FY23FY24FY25FY26

03 · Dividend Profile

051015-100%0%100%200%29 Jul 2108 Aug 2209 Aug 2312 Aug 2412 Aug 2503 Aug 26
Dividend (₹/share)Annualised yieldAnnual dividend growth (FY)

Growth compares completed fiscal-year dividend totals on the company's own calendar: April–March (Indian FY), taken from its reported period-ends. Payout ledger: NSE corporate actions.

04 · Operating Efficiency (Growth Rates)

Balance-sheet-based · pre-FY23 not filed in verifiable form

-50%0%50%100%FY21FY22FY23FY24FY25FY26
SalesFixed assetsTrade receivables

05 · Capital Structure & Asset Utilization

Pre-FY23 not filed in verifiable form

0 L Cr10 L Cr20 L Cr30 L Cr0.25×0.5×0.75×FY21FY22FY23FY24FY25FY26
Total assetsTotal debtDebt / equityAsset turnover

Asset turnover needs a prior year of assets — omitted for the earliest available year.

06 · Asset Base Composition

Pre-FY23 not filed in verifiable form

0 Cr10000 Cr20000 Cr30000 CrFY21FY22FY23FY24FY25FY26

07 · Debt Level & Coverage

Pre-FY23 not filed in verifiable form

-2 L Cr0 L Cr2 L Cr4 L CrFY21FY22FY23FY24FY25FY26
DebtFree cash flowCash & equivalents

08 · Profit & Loss

Annual

Line itemFY21FY22FY23FY24FY25FY26
₹1.61 L Cr₹1.58 L Cr₹1.36 L Cr₹1.61 L Cr₹2.05 L Cr₹2.23 L Cr
₹18,384.32 Cr₹25,110.10 Cr₹34,036.64 Cr₹44,256.37 Cr₹51,029.20 Cr₹54,207.70 Cr
Diluted EPS₹26.83₹35.44₹47.84₹61.96₹71.14₹74.77

Interest expense has filed figures for only some of the years shown — no further verified source covers the rest, so those years are left blank rather than estimated.

09 · Balance Sheet

Annual

Line itemFY21FY22FY23FY24FY25FY26
₹15.74 L Cr₹17.53 L Cr₹19.58 L Cr₹23.64 L Cr₹26.42 L Cr₹29.14 L Cr
₹1.44 L Cr₹1.62 L Cr₹1.89 L Cr₹2.01 L Cr₹2.04 L Cr₹2.08 L Cr
Stockholders' equity₹1.58 L Cr₹1.82 L Cr₹2.14 L Cr₹2.56 L Cr₹3.14 L Cr₹3.63 L Cr

Trade receivables, Long-term debt, Current (short-term) debt, Others have filed figures for only some of the years shown — no further verified source covers the rest, so those years are left blank rather than estimated.

Annual only — the data source doesn’t publish quarterly balance-sheet detail for most NSE-listed companies.

10 · Cash Flow Statement

Annual

Line itemFY21FY22FY23FY24FY25FY26
₹1.38 L Cr₹58,111.43 Cr₹-3,771.00 Cr₹1.57 L Cr₹1.23 L Cr₹67,325.00 Cr
Investing cash flow₹-62,986.90 Cr₹-39,321.44 Cr₹-68,005.32 Cr₹-1.46 L Cr₹-77,288.36 Cr₹-13,013.59 Cr
₹-54,666.78 Cr₹17,451.00 Cr₹24,791.00 Cr₹13,765.00 Cr₹5,589.00 Cr₹-4,661.00 Cr
Capital expenditure₹-1,676.03 Cr₹0₹-2,468.00 Cr₹-3,679.00 Cr₹-4,770.00 Cr₹-3,730.00 Cr
End cash position₹1.33 L Cr₹1.83 L Cr₹1.36 L Cr₹1.63 L Cr₹2.14 L Cr₹2.65 L Cr

Annual only — the data source has no quarterly cash-flow-statement coverage.

11 · Shareholding Pattern

NSE, quarterly

Line itemSep 21Jun 26(20Q)
Promoter0.00%
Public100.00%
Employee trusts0.00%

Source: NSE quarterly shareholding-pattern filings, collapsed to periods where the reported percentages held steady — a column spanning several quarters means no change was filed across them. No FII/DII sub-split available from this source — Public includes all non-promoter, non-employee-trust holders.

12 · Peer Comparison

Financial Services

Company
HDFC Bank Limited₹11.27 L Cr₹73116.21.388.6%0.81+4.7%-25.2%
ICICI Bank Limited₹9.75 L Cr₹1,347.617.62.6914.9%0.57+9.1%-5.0%
State Bank of India₹9.16 L Cr₹996.210.61.5414.0%1.22+9.2%+16.6%
Bajaj Finance Limited₹6.31 L Cr₹1,040.331.15.5416.7%3.10+19.7%+4.4%
Life Insurance Corporation Of India₹5.06 L Cr₹407.78.42.8732.5%+8.7%-54.2%
Kotak Mahindra Bank Limited₹4.08 L Cr₹41520.52.2510.6%0.53-0.3%-79.5%
Axis Bank Limited₹3.86 L Cr₹1,24014.01.8012.3%1.30+4.0%+10.1%
Bajaj Finserv Limited₹2.98 L Cr₹1,852.529.43.8212.6%4.64+13.6%-10.5%
Shriram Finance Limited₹2.34 L Cr₹1,01017.63.5515.2%2.76+13.9%+61.1%
SBI Life Insurance Company Limited₹1.77 L Cr₹1,73168.09.2912.9%-4.3%-5.0%
ICICI Prudential Asset Management Company Limited₹1.53 L Cr₹3,09843.836.5779.1%+23.1%
Jio Financial Services Limited₹1.51 L Cr₹229.8971.21.131.2%0.16+136.4%-27.6%

Ranked by market cap within Financial Services, same metrics as the Fundamentals screener. Click a column to sort.

Documents

Annual reports

Show all 28

Official documents linked from their sources — offer documents as filed with SEBI (sebi.gov.in), annual reports and earnings-call transcripts as published on BSE (bseindia.com) and NSE (nseindia.com). Links open the source's own hosting; nothing is re-hosted here.

Index membership

65 indices

NSE weights are a free-float market-cap-share estimate, not NSE’s own published (and sometimes capped) index weight. BSE weights are BSE’s own published index weight, not an estimate. Indices without weight data are listed without one, in alphabetical order after the weighted ones.

ICICIBANK

HDFC vs ICICI vs Yes Bank: Q4 Results Spark Stock-Specific Rally; Which Bank Stock Wins The Race? Target Price

Goodreturns · 2 days ago

ICICIBANK

Paytm, SBI, YES, ICICI Bank shares rally after govt introduces 0.4% MDR on merchant UPI payments

ICICI Bank shares rallied after the government introduced a 0.4% Merchant Discount Rate (MDR) on UPI payments exceeding ₹2,000 made to merchants, effective October 15. This new charge is expected to create a significant revenue pool for banks and payment players. Analysts estimate the banking system could accrue roughly 60% of an incremental annual ecosystem revenue pool of ₹16,000–17,000 crore.

3 days ago·Read at Upstox