Let's break down ICICI Bank Ltd. (ICICIBANK) — from its financial performance to how the market is valuing the stock.
ICICI Bank Revenue Trend
Revenue rose 24.8% to ₹2,94,586 Cr in FY2025 for ICICI Bank Ltd., against ₹2,36,037 Cr the year before.
The 10-year revenue CAGR of 12.6% is a good number — ICICI Bank Ltd.'s top line has expanded meaningfully from ₹90,216 Cr to ₹2,94,586 Cr.
A ₹2,94,586 Cr revenue base makes ICICI Bank Ltd. a major name in the Indian banks sector.
With 3 straight years of revenue growth, this isn't a blip — the trajectory is clear for ICICI Bank Ltd..
| Year | Revenue | YoY % |
|---|---|---|
| FY2025 | ₹2,94,586 Cr | +24.8% |
| FY2024 | ₹2,36,037 Cr | +26.8% |
| FY2023 | ₹1,86,178 Cr | +18.2% |
| FY2022 | ₹1,57,536 Cr | -2.4% |
| FY2021 | ₹1,61,336 Cr | — |
View ICICI Bank Ltd.'s full 10-year revenue trend with CAGR analysis →
Is ICICI Bank Undervalued
Based on the P/B Ratio model, ICICI Bank Ltd.'s fair value works out to ₹1,416 — 5.8% upside from where it trades today.
ICICI Bank Ltd. shares are currently trading at ₹1,338.30.
Craytheon also calculates intrinsic value using the P/E Ratio, EPS Growth, and DDM models. The full breakdown with assumptions is available in the detailed analysis.
| Model | Est. Fair Value | vs. Current Price |
|---|---|---|
| P/E Ratio | ₹1,443 | 7.9% upside to fair value |
| P/B Ratio | ₹1,416 | 5.8% upside to fair value |
| EPS Growth | ₹2,735 | 104.4% upside to fair value |
| DDM | ₹540 | 59.6% downside to fair value |
See all valuation models for ICICI Bank Ltd. with detailed assumptions →
ICICI Bank Shareholding Pattern
ICICI Bank Ltd. is a widely held company with no promoter group. Ownership is distributed across institutional and public shareholders.
FII ownership stands at 34.5%, down from the 46.8% recorded a year ago.
Domestic investors held 40.0% of the company as of March 2026, down year-over-year from 43.9%.
| Quarter | Promoter | FII | DII | Public |
|---|---|---|---|---|
| Mar 2026 | 0.0% | 34.5% | 40.0% | 25.4% |
| Dec 2025 | 0.0% | 43.9% | 46.7% | 9.1% |
| Sep 2025 | 0.0% | 45.6% | 45.1% | 9.1% |
| Jun 2025 | 0.0% | 46.8% | 43.9% | 9.1% |
Track quarterly shareholding changes for ICICI Bank Ltd. →
ICICI Bank Balance Sheet
Proportional view as of 23 Jun 2026. Hover blocks for details.
Assets
Liabilities & Equity
FY2025 total assets: ₹26.42T (up 11.8% YoY from ₹23.64T).
Top categories: Loans & Advances (53.8%), Investments (33.5%), Cash (8.1%).
Of the ₹26.42T in liabilities and equity, 62.1% is Deposits, 8.3% is Borrowings, 12.4% is Equity, and 17.1% is Other Liabilities. Over the year, deposits are up 13.7% and equity is up 21.7%.
Balance sheet composition — FY 2025
| Category | Value |
|---|---|
| Cash | 2,140.23B |
| Loans & Advances | 14.21T |
| Investments | 8,863.77B |
| Other Assets | 1,211.77B |
| Category | Value |
|---|---|
| Equity | 3,287.43B |
| Deposits | 16.42T |
| Borrowings | 2,188.83B |
| Other Liabilities | 4,529.78B |
ICICI Bank at a Glance
What should investors take away from ICICI Bank Ltd.'s (ICICIBANK) latest numbers? Here's the summary.
Revenue of ₹2,94,586 Cr in FY2025, up 24.8% year-over-year.
Long-term revenue has been compounding at 12.6% annually over 10 years.
The company is profitable, with a net margin of 17.3% and net income of ₹51,029 Cr.
The models reach different conclusions: EPS Growth sees 104.4% upside, P/B Ratio puts it near fair value, P/E Ratio puts it near fair value, and DDM sees 59.6% downside. Disagreement this wide usually means one of the inputs — growth rate, discount rate, or peer multiples — is doing most of the work. Each section lays out its assumptions so you can decide which view fits.