More about ICICI Prudential Life Insurance Company Limited
Fundamentals for ICICI Prudential Life Insurance Company Limited
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Fundamentals for ICICI Prudential Life Insurance Company Limited
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Business Operations:
Sector: Financial ServicesIndustry: Insurance - Life
ICICI Prudential Life Insurance Company Limited provides life insurance, pension, and health insurance products to individuals and groups in India. The company offers term life, savings, protection, annuity, and retirement insurance products; and pension fund management services. It distributes its products through individual and corporate agents, banks, and brokers, as well as through its sales force and website. The company was incorporated in 2000 and is based in Mumbai, India. ICICI Prudential Life Insurance Company Limited operates as a subsidiary of ICICI Bank Limited.
Revenue projections:
ICICIPRULI's revenue projections show a decrease from last year, which tends to make investors more cautious. This could have a negative impact on the company's bottom line, as lower revenues typically suggest reduced profitability and growth potential, prompting concern among investors.
Financial Ratios:
| currentRatio | 1.13200 |
|---|---|
| forwardPE | 38.77358 |
| debtToEquity | 19.03700 |
| earningsGrowth | 0.61400 |
| revenueGrowth | -0.78900 |
| grossMargins | 0.10402 |
| operatingMargins | 0.08467 |
| trailingEps | 11.11000 |
| forwardEps | 13.48083 |
ICICIPRULI's current ratio of 1.132, indicating that the company can meet its short-term debt obligations with ease. This high liquidity level is a positive sign, as ICICIPRULI has enough cash and current assets to handle its immediate liabilities comfortably.
ICICI Prudential Life Insurance Company Limited's low Debt-to-Equity ratio signals the company is not over-leveraged, meaning it has a conservative approach to debt. This reduces financial risk and indicates a stable financial foundation, providing flexibility and security, which can appeal to investors seeking lower-risk investments.
ICICIPRULI's low earnings and revenue growth suggest shrinking profits are likely. This could reflect broader financial struggles, signaling that the company might face difficulties in sustaining its profitability.
ICICIPRULI's negative gross and operating margins indicate that the company is not generating profit from either production or day-to-day operations. This could suggest cost overruns or declining revenue, impacting its financial stability.
ICICIPRULI's forward EPS exceeding its trailing EPS reflects expectations of increased profitability for the current year. This suggests that the company is projected to achieve higher earnings than in the previous financial year, signaling positive growth and improved financial health.
Price projections:
The current valuation of ICICI Prudential Life Insurance Company Limited against its projections does not reveal significant risks or opportunities. This neutral assessment implies a stable market, where investors may prefer to maintain their positions until future trends become clearer.
Insider Transactions:
1 ICICIPRULI transactions were recorded, when the market price was 650.4000244140625.ICICIPRULI saw 1 buy transactions, with market price of 595.2000122070312.No distinct trend emerges from insider transactions, leaving uncertainty about whether these actions indicate a positive or negative outlook for the company.
Recommendation changes over time:
ICICIPRULI has been receiving a buy bias from analysts, signaling strong confidence in the stock's future performance. This positive outlook might drive investors to view ICICIPRULI as an attractive option for their portfolios, positioning the company as a stable and profitable investment choice.
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