Financial & Valuation Intelligence™
ICICI Bank
NSE
ICICIBANK
Sector: Financial Services· Private Sector BankCurrent Price
₹1,387.3
Market Cap
₹10.03 L Cr
AI Financial Summary
ICICI Bank demonstrates strong growth momentum, marked by a 20.4% CAGR in net profit over the tracked period and robust operating margins of 85.1%. With a 35% margin of safety relative to calculated fair value, the bank presents a disciplined financial profile supported by high cash conversion rates.
Business Performance (CAGR)
10 Years
Revenue
13.8%
PAT
20.4%
EPS
18.9%
Book Value
13.4%
Free Cash Flow
18.6%
Valuation Snapshot
P/E15.9
P/B2.4
EV/EBITDA56.1
P/S5.1
Div Yield0.86%
Financial Health
Debt to Equity5.65
Interest Coverage1.9x
Current Ratio0.24
Cash & Investments₹9.92 L Cr
Profitability Metrics
ROE
14.9%
ROCE
6.9%
ROA
1.9%
EBITDA Mgn
26.8%
Op Margin
85.1%
Net Margin
27.8%
Cash Flow Intelligence
Operating Cash Flow₹67.33K Cr
Free Cash Flow₹60.57K Cr
Cash Conversion124.2%
FCF Margin31.0%
Intrinsic Value
PremiumEstimated Intrinsic Value
████████
Current Price₹1,387.3
Margin of Safety██.██%
Estimated Intrinsic Value & DCF Fair Value are available with Premium plans.
AI Business Verdict
ICICI Bank is a high-quality growth performer currently positioned at a discount to its estimated intrinsic value, making it a compelling case for long-term value creation.
- High profitability with 27.8% net margins
- Robust double-digit earnings growth
- Significant margin of safety at current price
- Strong cash flow conversion metrics
Balance Sheet
AI-Powered Analysis
Balance Sheet Strength™
55/100
Adequate
ICICI Bank has an adequate but tight balance sheet — leverage and liquidity warrant monitoring.
AI Confidence
92%
Stability
52
Flexibility
44
Strength Factors
Liquidity42
Leverage40
Working Capital60
Asset Quality64
Shareholder Strength82
Financial Stability52
Financial Flexibility™
44/100
Weak
Capacity to fund growth, withstand downturns and return capital.
Total Assets
₹29.14 L Cr
▲ 10.9% YoY
Total Liabilities
₹25.51 L Cr
▲ 10.2% YoY
Shareholder Equity
₹3.63 L Cr
▲ 15.7% YoY
Net Cash Position
₹-10.58 L Cr
Monitor
Debt / Equity
5.65x
Elevated
Enterprise Value
₹20.61 L Cr
Capital Structure
Assets
₹29.14 L Cr
Equity
₹3.63 L Cr (12.5%)
Liabilities
₹25.51 L Cr (87.5%)
Debt Intelligence™
Debt vs Cash Trend
Debt / Equity5.65x
Interest Coverage1.9x
Debt / EBITDA37.82x
Net Debt₹10.58 L Cr
Debt Trend (5Y)23.9%
Debt MaturityWell Staggered
Liquidity Intelligence™
Current Ratio0.24
Quick Ratio0.24
Cash Ratio0.05
Working Capital₹-3.80 L Cr
Operating Cash CoverageWeak
Short-term LiquidityWeak
Working Capital Intelligence™
CCC Trend
Receivable DaysNot Available
Inventory DaysNot Available
Payable DaysNot Available
Cash Conversion CycleNot Available
Asset Quality (% of Total Assets)
Cash & Investments4.2%
Property, Plant & Equip.1.0%
ReceivablesNot Available
InventoryNot Available
GoodwillNot Available
Intangible AssetsNot Available
Other Assets99.0%
Shareholder Strength™
Strength Radar
Book Value CAGR (5Y)13.4%
Net Worth CAGR (5Y)14.8%
Retained EarningsStrong
Equity Dilution0.00%
Buyback EfficiencyGood
Dividend Sustain.Strong
Balance Sheet Evolution
Annual
Balance Sheet Risk Monitor
Debt RiskHigh
Liquidity RiskHigh
Working Capital RiskElevated
Refinancing RiskHigh
Asset Quality RiskElevated
Dilution RiskLow
Contingent LiabilityLow
Overall Balance Sheet RiskElevated
Balance Sheet Stress Test™
Economic Slowdown56
Acquisition Capacity43
High Interest Rates40
Dividend Sustainability63
Revenue Decline43
Cash Flow Resilience47
Expansion Capacity59
Overall Resilience Score
50/100
Fragile — Review Risks
AI Balance Sheet Commentary
Overall Assessment
- ICICI Bank has an adequate but tight balance sheet — leverage and liquidity warrant monitoring.
What Stands Out
- Large cash & investment reserves
- Strong shareholder equity growth
Areas To Monitor
- Elevated debt-to-equity ratio
- Thin interest coverage — cyclical earnings risk
- Tight short-term liquidity cushion
- Large 'other assets' bucket — investigate composition
Financial data based on consolidated numbers and TTM · Source: Company Filings, Annual Report AI Analysis · Data as of: 31/03/2026