ShareValue scores for ICICILIFE.NSE: Valuation 25, Quality 42, Growth 45, Health 37.
ICICILIFE.NSENSE
ICICI LIFE INSURANCE LTD
₹427.65
(+1.09%)
Updated
ICICILIFE.NSENSE
ICICI LIFE INSURANCE LTD
Updated
Pulse
Pulse
Fundamental Rating
Value Trap Risk
If P/E met sector median
Rating
Trap Risk
P/E to median
vs India-listed Financial Services stocks
Company Details
ICICI Life Insurance Limited provides life insurance, annuity, pension, and health insurance products to individuals and groups in India. The company offers term, savings, unit linked, guaranteed return, child education, and retirement insurance plans; and pension fund management services. It distributes its products through individual and corporate agents, banks, and brokers, as well as through proprietary sales force (PSF) and online channels. The company was formerly known as ICICI Prudential Life Insurance Company Limited and change its name to ICICI Life Insurance Limited in September 2026. The company was incorporated in 2000 and is based in Mumbai, India. ICICI Life Insurance Limited is a subsidiary of ICICI Bank Limited.
Score Analysis
AI Investment Thesis
Valuation looks rich versus global peers: P/E 34.46 is roughly double the 17.2 sector average and P/B 4.19 more than double 1.7, though P/S 0.91 is far below 5.2 because premiums, not revenue, drive the top line.
Profitability is the decisive fundamental: ROE of 12.92% beats the 9.1% sector average, but the 2.66% net margin reflects life insurers' thin accounting spread rather than weak economics, so VNB margin of 26% is the truer quality gauge.
On October 13, 2026 ICICI Life reported Q2 FY27 PAT up 25% to ₹374 crore and VNB up 20.7% to ₹712 crore, though VNB margin of 25.43% missed poll estimates.