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ICICI Bank Ltd. Fundamental Analysis Revenue, Profits & Valuation

NSE: ICICIBANK | BSE: 532174 | BANKS
Price ₹1,242.00 +₹15.40 (+1.26%)
P/B Ratio 2.8 TTM
52-Week Range
Low ₹1,188 High ₹1,500
Market Cap ₹8.90T Trillion
ROE 15.5% Annual

Market data as of Jun 3, 2026

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..

Revenue Trend
YearRevenueYoY %
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
Revenue Trend (₹ Cr)

View ICICI Bank Ltd.'s full 10-year revenue trend with CAGR analysis →

Is ICICI Bank Undervalued

Based on the P/E Ratio model, ICICI Bank Ltd.'s fair value works out to ₹1,416 — 14.0% upside from where it trades today.

ICICI Bank Ltd. shares are currently trading at ₹1,242.00.

Craytheon also calculates intrinsic value using the EPS Growth, P/B Ratio, and DDM models. The full breakdown with assumptions is available in the detailed analysis.

Valuation Models
ModelEst. Fair Valuevs. Current Price
P/E Ratio₹1,44716.5% upside to fair value
P/B Ratio₹1,41614.0% upside to fair value
EPS Growth₹2,743120.9% upside to fair value
DDM₹54056.5% 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%.

Shareholding Pattern (Last 4 Quarters)
QuarterPromoterFIIDIIPublic
Mar 20260.0%34.5%40.0%25.4%
Dec 20250.0%43.9%46.7%9.1%
Sep 20250.0%45.6%45.1%9.1%
Jun 20250.0%46.8%43.9%9.1%

Track quarterly shareholding changes for ICICI Bank Ltd. →

ICICI Bank Balance Sheet

Proportional view as of 3 Jun 2026. Hover blocks for details.

Assets

Liabilities & Equity

FY2025 total assets: ₹26,422.41B (up 11.8% YoY from ₹23,640.63B).

Top categories: Loans & Advances (53.8%), Investments (33.5%), Cash (8.1%).

Of the ₹26,422.41B 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

Assets (values in Indian Rupees, with M = millions, B = billions)
CategoryValue
Cash 2,140.23B
Loans & Advances 14,206.64B
Investments 8,863.77B
Other Assets 1,211.77B
Liabilities and equity (values in Indian Rupees, with M = millions, B = billions)
CategoryValue
Equity 3,287.43B
Deposits 16,416.37B
Borrowings 2,188.83B
Other Liabilities 4,529.78B

View full balance sheet (multi-year) →

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.

Three of the four models — P/B Ratio, P/E Ratio, and EPS Growth — see 14.0% to 120.9% upside to fair value, while DDM sees 56.5% downside to fair value.

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