Saturday 17 October 2026 Export IBN’s income statement to Excel — free account

ICICI Bank Limited

ICICI Bank Limited’s revenue for fiscal 2026 (year ended March 2026) was $35.3 billion, up 1.46% from fiscal 2025. In the quarter to June 2026, revenue fell 3.19%, EPS grew 2.33%, free cash flow fell 61.2% and total debt fell 4.70%, each against the same quarter a year earlier. Dividend growth for five consecutive years, revenue growth for three.

29.97 0.53 +1.80%

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Market cap: $105.7B
P/E: 18.5×
Fwd P/E: —
Dividend yield: 0.83%
F-score: 6/9
Altman Z: n/a
Beneish M: n/a
Dividend safety: n/a

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

Total sells 3.00

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	—	—	—	—	—	—	—	—
Sell	—	—	—	—	—	3	—	—	—	—	—	—

Insider Ownership 0.00%

Capital & Financial Ratios $m

Market Cap 105,670.00

Revenue 34,991.04

Net Income 8,315.86

Free Cash Flow 23,953.44

Net Debt 3,161.39

Current Ratio 1.03

Debt/Equity 0.57

P/E ratio 18.50

Fwd P/E —

P/S ratio 3.07

P/B ratio 2.55

Past 5Y EPS Growth 19.29%

This Y EPS Growth 15.80%

Next Y EPS Growth 15.69%

Next Y revenue growth —

Next 5Y EPS Growth 15.47%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

P/E against its own 10 years 22.08%

10-year low 10-year high

P/S against its own 10 years 62.11%

10-year low 10-year high

P/B against its own 10 years 53.08%

10-year low 10-year high

Dividends

Payout Ratio 0.16

Annual Dividend Rate 0.25

Annual Dividend Yield 0.83%

	total	individual payouts
2026	0.25	0.25
2025	0.25	0.25
2024	0.24	0.24
2023	0.19	0.19
2022	0.13	0.13
2021	0.05	0.05
2019	0.03	0.03
2018	0.04	0.04
2017	0.07	0.07
2016	0.14	0.14

special payouts not included in total or ratios

Assets vs Liabilities $m

	2024	2025	2026	Q'26
Cash	19,695	25,255	29,943	20,828
Receivables	—	—	—	—
Inventory	—	—	—	—
Other	—	—	—	—
	172,249	192,893	215,789	204,137

	2024	2025	2026	Q'26
Payables	174,673	193,713	206,792	198,259
ST’ Debt	—	—	—	—
Other	—	—	—	—
	174,673	193,713	206,792	198,259

Compound Annual Growth %

	10y	5y	3y
Sales	8.56%	10.12%	14.86%
Cash Flow	7.72%	(16.40%)	0.00%
Earnings	14.68%	19.80%	12.92%
Book Value	11.14%	13.70%	15.76%

Revenue $m

	Jun	Sep	Dec	Mar	Year
’26	8,447	—	—	—	—
’26	8,725	8,757	8,600	9,188	35,269
’25	8,072	8,680	8,806	9,203	34,761
’24	6,354	6,932	7,138	8,136	28,561
’23	5,098	5,647	5,839	6,688	23,272
’22	5,284	5,330	3,600	6,895	21,110
’21	5,046	5,308	5,502	5,924	21,780

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	—	—	—	—	—
’26	—	—	—	—	7,608
’25	—	—	—	—	14,491
’24	—	—	—	—	19,031
’23	—	—	—	—	(471)
’22	—	—	—	—	7,787
’21	—	—	—	—	18,632

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	—	—	—	—	—
’26	7,207	—	(2,229)	—	7,207
’25	13,936	—	5,040	—	13,936
’24	18,595	—	(199)	—	18,595
’23	(744)	—	(2,742)	—	(744)
’22	7,553	—	7,440	—	7,553
’21	18,406	—	11,093	—	18,406

Fiscal quarters ending in the months shown.

EPS $

	Jun	Sep	Dec	Mar	Year
’26	0.43	—	—	—	—
’26	0.43	0.39	0.35	0.41	1.57
’25	0.37	0.39	0.39	0.41	1.56
’24	0.33	0.35	0.35	0.36	1.39
’23	0.27	0.27	0.28	0.31	1.12
’22	0.18	0.21	0.23	0.26	0.89
’21	0.11	0.17	0.19	0.17	0.65

Fiscal quarters ending in the months shown.

Group	Line	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026	2027e
Price, $
Price, $	Low	6.73	7.61	9.45	6.86	14.20	16.36	19.34	23.16	27.42	25.08	Analyst estimates 2027–2029 Powerpack
	High	9.93	11.26	15.35	15.42	22.14	23.75	25.04	32.14	34.57	31.78
People
People	Employees	107,971	112,360	117,340	131,232	130,170	130,542	157,799	187,765	182,665	174,666
	Revenue/emp, $m	0.16	0.16	0.16	0.16	0.17	0.16	0.15	0.15	0.19	0.20
Income, $m
Income, $m	Revenue	16,896	18,440	18,777	21,120	21,780	21,110	23,272	28,561	34,761	35,269
	Gross margin, %	69.28	71.20	70.16	70.18	73.56	73.87	72.85	68.60	69.78	71.48
	EBT	1,690	1,410	814	1,583	2,749	3,556	4,433	5,576	6,421	6,517
	EBT margin, %	10.00	7.65	4.33	7.49	12.62	16.85	19.05	19.52	18.47	18.48
	Net income	1,886	1,487	854	2,387	3,247	4,498	5,729	7,222	8,197	8,316
	Depreciation	(700)	(170)	150	501	(105)	444	544	437	305	386
Per share, $
Per share, $	Revenue	5.81	5.75	5.84	6.54	6.46	6.09	6.68	8.16	9.86	9.88
	Earnings	0.45	0.33	0.15	0.34	0.66	0.90	1.14	1.41	1.59	1.59
	Cash flow	2.70	0.94	2.16	3.47	5.53	2.25	(0.14)	5.43	4.11	2.13
	Capex	(0.07)	(0.05)	(0.05)	(0.08)	(0.07)	(0.07)	(0.08)	(0.12)	(0.16)	(0.11)
	Free cash flow	2.63	0.89	2.11	3.39	5.46	2.18	(0.21)	5.31	3.95	2.02
	Book value	5.61	5.63	5.37	5.66	6.69	7.27	7.94	9.33	11.01	12.01
	Shares, m	2,909	3,209	3,218	3,230	3,372	3,467	3,483	3,502	3,524	3,571
Valuation, ×
Valuation, ×	P/E	17.55	24.82	79.31	34.45	25.05	21.04	18.60	18.41	19.95	16.09
	P/S	2.28	2.25	3.37	1.54	2.48	3.11	3.23	3.18	3.20	2.62
	P/B	1.53	1.45	2.17	1.69	2.39	2.61	2.72	2.78	2.86	2.16
	EV/Sales	3.74	4.12	4.94	4.52	2.46	2.97	3.51	3.37	3.21	2.48
	EV/FCF	4.13	4.08	2.65	3.98	1.36	1.41	7.10	6.46	2.99	3.65
Cash, $m
Cash, $m	Operating cash flow	7,843	3,004	6,960	11,219	18,632	7,787	(471)	19,031	14,491	7,608
	Capex	(194)	(157)	(157)	(261)	(226)	(233)	(273)	(437)	(555)	(401)
	Free cash flow	7,649	2,847	6,802	10,958	18,406	7,553	(744)	18,595	13,936	7,207
Balance, $m
Balance, $m	Working capital	12,400	10,859	7,584	4,697	(2,777)	1,617	1,186	(2,424)	(820)	8,997
	Total debt	28,055	35,557	30,076	30,153	19,426	21,655	23,633	25,099	25,828	24,890
	Net debt	16,062	21,762	17,579	12,126	(496)	(2,884)	6,576	5,404	573	(5,053)
	Shareholders’ equity	16,315	18,079	17,279	18,295	22,569	25,196	27,648	32,674	38,792	42,892
Returns, %
Returns, %	ROA	1.06	0.74	0.35	0.73	1.22	1.50	1.77	2.02	2.01	1.91
	ROIC	3.26	2.21	1.46	3.25	7.78	9.96	8.10	9.15	10.20	10.76
	ROE	9.72	6.95	3.44	7.58	12.15	14.09	16.10	17.75	16.85	15.00

Negative figures in brackets.

All 10 years →

Fiscal years to Mar 2026 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
MFG Mizuho Financial Group, Inc.	$124.4B	2.3×	13.9×	+12.59% (above 0%: growing)	+54.65% (above 0%: growing)	+15.81% (above 0%: growing)	52.09%	0.00%	Compare
HDB HDFC Bank Limited	$120.9B	16.0×	—	−9.36% (below 0%: shrinking)	+8.11% (above 0%: growing)	−1.95% (below 0%: shrinking)	64.22%	0.00%	Compare
IBN ICICI Bank Limited	$105.7B	18.5×	—	−3.19% (below 0%: shrinking)	+2.33% (above 0%: growing)	−61.24% (below 0%: shrinking)	71.06%	0.00%
USB U.S. Bancorp	$89.4B	11.3×	10.9×	+2.26% (above 0%: growing)	+16.16% (above 0%: growing)	+151.96% (above 0%: growing)	70.62%	0.00%	Compare
PNC The PNC Financial Services Group, Inc	$85.8B	11.4×	12.4×	+6.44% (above 0%: growing)	+19.94% (above 0%: growing)	+45.07% (above 0%: growing)	70.11%	0.00%	Compare
LYG Lloyds Banking Group PLC	$78.4B	15.5×	—	−67.58% (below 0%: shrinking)	+413.83% (above 0%: growing)	+62.30% (above 0%: growing)	100.00%	0.00%	Compare
NU Nu Holdings Ltd.	$71.2B	19.7×	14.5×	+50.29% (above 0%: growing)	+69.23% (above 0%: growing)	−102.15% (below 0%: shrinking)	71.77%	0.00%	Compare
NWG NatWest Group plc	$69.2B	9.9×	8.4×	+14.08% (above 0%: growing)	+77.78% (above 0%: growing)	−47.36% (below 0%: shrinking)	59.01%	0.00%	Compare
DB Deutsche Bank Aktiengesellschaft	$61.8B	7.6×	8.4×	+5.77% (above 0%: growing)	+160.96% (above 0%: growing)	+127.23% (above 0%: growing)	57.34%	0.00%	Compare
Median of peers	$82.1B	11.3×	11.7×	+6.11%	+61.94%	+30.44%	67.17%	0.00%

All 323 Banks Regional stocks →

ICICI Bank Limited (IBN) key facts

Strength: ICICI Bank Limited’s revenue for fiscal 2026 (year ended March 2026) was $35.3 billion, up 1.46% from fiscal 2025.
ICICI Bank Limited (IBN) is a Banks Regional company in the Financial sector, traded in the US as an ADR.
As of October 16, 2026, IBN traded at $29.97, a market capitalization of $105.7 billion.
ICICI Bank Limited pays an annual dividend of $0.25 per share, a yield of 0.83%, with a payout ratio of 15.8%.
Return on equity was 15.0% and debt-to-equity 0.57.
Its Piotroski F-score is 6 out of 9 for fiscal 2026.