ICICI Life Insurance quarterly results and financials

ICICI Life Insurance (ICICILIFE)₹438.40+0.18%(9 Nov 2026 close)Life Insurance

Key facts

In the Sep 2026 quarter (standalone), ICICI Life Insurance reported revenue of ₹12,078 Cr, up 0.9% from Sep 2025, and net profit of ₹375 Cr, up 25.2% year on year. For the year to Mar 2026, revenue were ₹63,620 Cr and net profit ₹1,604 Cr.

Revenue (Sep 2026): ₹12,078 Cr
Net profit (Sep 2026): ₹375 Cr
Revenue (FY Mar 2026): ₹63,620 Cr
Net profit (FY Mar 2026): ₹1,604 Cr
EPS (Sep 2026): ₹2.59
Borrowings (Mar 2026): ₹2,597 Cr

Company filings, standalone accounts; latest reported quarter Sep 2026

ICICI Life Insurance quarterly results

₹ crore unless stated; each column is a quarter.

ICICI Life Insurance Quarterly results
	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Revenue	26,532	22,562	25,476	25,249	4,547	15,734	25,480	11,968	22,913	3,307	28,608	12,078
Expenses	26,568	22,735	25,341	24,809	4,286	15,249	25,158	11,942	22,066	3,938	28,203	11,650
Operating Profit	−150	−273	42.02	327	250	424	223	−6.01	756	−639	293	382
OPM %	−0.6%	−1.2%	0.2%	1.3%	6.0%	2.7%	0.9%	−0.1%	3.3%	−19.1%	1.0%	3.2%
Other Income	417	544	231	−23.05	161	175	169	400	−254	907	176	64.15
Interest	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Depreciation	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Profit before tax	265	271	271	302	410	598	391	393	501	265	469	445
Tax %	15.0%	36.0%	17.0%	17.0%	21.0%	36.0%	23.0%	24.0%	22.0%	−129.0%	18.0%	16.0%
Net Profit	227	174	226	253	327	387	303	300	391	611	387	375
EPS (Rs)	1.59	1.22	1.57	1.75	2.26	2.68	2.10	2.08	2.71	4.21	2.67	2.59

ICICI Life Insurance profit and loss

₹ crore unless stated; years end in March. TTM is the last four quarters.

ICICI Life Insurance Profit and loss
	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
Revenue	20,919	37,937	38,944	41,625	21,074	83,399	63,730	49,535	90,002	70,989	63,620	66,906
Expenses	18,991	35,974	37,044	40,648	21,337	83,488	65,723	50,194	90,483	69,224	62,002	65,856
Operating Profit	1,844	1,810	1,774	766	−317	−386	−2,158	−792	−878	1,492	1,460	792
OPM %	8.9%	4.8%	4.6%	1.9%	−1.5%	−0.5%	−3.4%	−1.6%	−1.0%	2.1%	2.3%	1.2%
Other Income	0.00	130	132	592	1,581	1,673	3,186	1,960	2,026	231	239	893
Interest	0.00	14.97	19.98	22.95	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Depreciation	0.00	57.95	44.02	56.99	61.03	60.03	67.02	84.04	113	133	144	0.00
Profit before tax	1,836	1,861	1,834	1,273	1,197	1,220	955	1,078	1,029	1,583	1,551	1,680
Tax %	10.0%	10.0%	12.0%	11.0%	11.0%	22.0%	21.0%	25.0%	17.0%	25.0%	−3.0%	—
Exceptional items	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	599	0.00	0.00	—
Net Profit	1,654	1,687	1,625	1,144	1,072	962	756	813	854	1,191	1,604	1,764
EPS (Rs)	11.54	11.75	11.30	7.96	7.46	6.71	5.26	5.66	5.94	8.24	11.05	12.18
Dividend payout %	73.0%	63.0%	59.0%	40.0%	11.0%	30.0%	10.0%	11.0%	10.0%	10.0%	15.0%	—

ICICI Life Insurance balance sheet

₹ crore, at each year end.

ICICI Life Insurance Balance sheet
	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	1,431	1,430	1,433	1,434	1,434	1,433	1,434	1,433	1,437	1,440	1,444	1,447
Reserves	3,844	3,901	4,988	5,160	5,458	5,799	7,709	7,753	8,686	14,606	14,942	14,121
Borrowings	0.00	1,028	0.00	0.00	0.00	0.00	1,199	1,200	1,200	1,200	2,601	2,597
Other Liabilities	95,748	98,174	1,17,953	1,34,886	1,55,771	1,48,452	2,06,437	2,33,573	2,43,678	2,80,978	2,94,571	3,00,595
Total Liabilities	1,01,023	1,04,534	1,24,376	1,41,479	1,62,661	1,55,683	2,16,779	2,43,959	2,55,001	2,98,222	3,13,558	3,18,760
Fixed Assets	209	213	208	405	464	934	913	919	971	1,169	1,317	1,382
CWIP	6.02	7.02	7.02	18.05	13.04	20.07	22.07	54.21	117	49.13	35.13	43.17
Investments	99,296	1,02,791	1,21,212	1,38,190	1,58,571	1,50,420	2,11,279	2,37,126	2,46,861	2,88,442	3,02,782	3,06,359
Other Assets	1,511	1,524	2,949	2,866	3,615	4,308	4,566	5,860	7,051	8,562	9,425	10,974
Trade receivables	0.00	151	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Cash & equivalents	256	201	215	205	663	813	559	672	774	840	1,009	1,141
Total Assets	1,01,023	1,04,534	1,24,376	1,41,479	1,62,661	1,55,683	2,16,779	2,43,959	2,55,001	2,98,222	3,13,558	3,18,760

ICICI Life Insurance cash flow

₹ crore, for each year.

ICICI Life Insurance Cash flow
	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from operating activity	528	3,638	4,132	5,691	11,393	8,610	7,320	1,832	88.09	−7,307	−9,406	−5,346
Cash from investing activity	−1,817	24.95	−698	−5,379	−7,543	−10,780	−5,075	−813	−1,144	7,395	6,850	7,547
Cash from financing activity	−964	−1,439	−993	−1,185	−841	−404	1,203	−319	−112	−87.92	1,420	−171
Net cash flow	−2,265	2,228	2,450	−890	2,988	−2,618	3,444	699	−1,177	21.07	−1,121	2,053
Capex	56.75	52.84	53.84	69.75	112	59.81	40.86	188	195	235	256	121
Free cash flow	478	3,597	4,100	5,647	11,314	8,579	7,315	1,743	−107	−7,567	−9,694	−5,481
CFO / OP %	31.9%	196.9%	229.0%	321.0%	1,487.0%	−2,730.1%	−1,956.1%	−96.1%	−46.1%	806.9%	−608.1%	−326.1%

ICICI Life Insurance ratios

Working-capital days and returns, by year.

ICICI Life Insurance Ratios
	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor days	0	2	0	0	0	0	0	0	0	0	0	0
Cash conversion cycle	0	3	0	0	0	0	0	0	0	0	0	0
Working capital days	−11	−17	−3	−10	−10	−6	−3	−7	−6	1	2	−2
ROCE %	34.0%	32.0%	29.1%	29.0%	19.1%	17.0%	14.0%	9.0%	10.0%	2.0%	9.1%	8.0%

ICICI Life Insurance: frequently asked questions

What are the latest quarterly results of ICICI Life Insurance?

For the Sep 2026 quarter, ICICI Life Insurance reported revenue of ₹12,078 Cr, up 0.9% year on year and net profit of ₹375 Cr, up 25.2% year on year. The operating margin was 3.2%.

What is the annual revenue of ICICI Life Insurance?

ICICI Life Insurance's revenue for the year to Mar 2026 were ₹63,620 Cr; over the last twelve months they were ₹66,906 Cr.

What is the net profit of ICICI Life Insurance?

Net profit for the year to Mar 2026 was ₹1,604 Cr, and ₹1,764 Cr over the last twelve months. Earnings per share over the same trailing period were ₹12.18.

How much debt does ICICI Life Insurance have?

ICICI Life Insurance reported borrowings of ₹2,597 Cr at Mar 2026, against cash and equivalents of ₹1,141 Cr.

What is the free cash flow of ICICI Life Insurance?

Cash from operations was −₹5,346 Cr in the year to Mar 2026; after capital spending, free cash flow was −₹5,481 Cr.

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