ICICI Bank Limited Sponsored ADR (IBN) Financials

EPS

Hollow marker is the consensus estimate; filled is the reported figure, colored by beat or miss.

Revenue

Outlined bar is the consensus estimate; solid is reported.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
Q1 27	$0.41	$0.42	+2.4%	—	$383.7B	—
Q2 26	$0.36	$0.39	+8.3%	—	$346B	—
Q1 26	$0.39	$0.41	+5.1%	—	$514.9B	—
Q4 25	$0.37	$0.41	+10.8%	—	$841.8B	—
Q3 25	$0.35	$0.38	+8.6%	—	$5.7B	—
Q2 25	$0.35	$0.39	+11.4%	—	$5.7B	—
Q1 25	$0.34	$0.37	+8.8%	—	$461.5B	—
Q4 24	$0.33	$0.36	+9.1%	—	$460.4B	—
Q3 24	$0.33	$0.35	+6.1%	—	$400.7B	—
Q2 24	$0.32	$0.35	+9.4%	—	$393.8B	—
Q1 24	$0.31	$0.33	+6.5%	—	$357.2B	—
Q4 23	$0.3	$0.34	+13.3%	—	$393.9B	—
Q3 23	$0.28	$0.29	+3.6%	—	$348.8B	—
Q2 23	$0.28	$0.26	-7.1%	—	$331.8B	—
Q1 23	$0.22	$0.29	+31.8%	—	$281.3B	—
Q4 22	$0.23	$0.26	+13.0%	—	$322B	—

EPS

Reported per-share earnings by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Revenue

Reported revenue by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
FY26	—	$151.8	—	—	$2.2T	—
FY25	—	$144.8	—	—	$1.8T	—
FY24	—	$126.4	—	—	$1.6T	—
FY23	—	$97.7	—	—	$1.3T

Total revenue

Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.

Period	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Revenue	$785.6B	$847B	$921.3B	$1T	$1.2T	$1.2T	$1.3T	$1.6T	$1.8T	$2.2T
YoY change	+16.6%	+7.82%	+8.77%	+13.9%	+13%	-1.84%	+15.3%	+20.1%	+13%	+22.6%

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Revenue	785.6B	847B	921.3B	1T	1.2T	1.2T	1.3T	1.6T	1.8T	2.2T
Cost of revenue	—	—	—	—	—	—	—	—	—	—
Gross profit	—	—	—	—	—	—	—	—	—	—
Gross margin	—	—	—	—	—	—	—	—	—	—
Research & development	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	177.6B	197.4B	235.3B	270.7B	282.2B	258.7B	301.9B	370.3B	327.5B	651B
Operating expenses	177.6B	197.4B	235.3B	270.7B	282.2B	258.7B	301.9B	370.3B	327.5B	651B
Operating income	—	—	—	—	—	—	—	—	—	—
Operating margin	—	—	—	—	—	—	—	—	—	—
Non-operating income, net	—	—	—	—	—	—	—	—	—	—
Pretax income	113.4B	91B	56.9B	112.3B	203.6B	265.4B	472.5B	615.1B	730B	773.2B
Income tax	—	—	17.2B	73.6B	56.6B	84.6B	117.9B	154.3B	184.3B	193.8B
Net income	113.4B	91B	56.9B	112.3B	203.6B	265.4B	354.6B	460.8B	545.7B	579.4B
Net margin	14.4%	10.7%	6.18%	10.7%	17.2%	22.8%	26.4%	28.6%	30%	25.9%
EBITDA	—	—	—	—	—	—	—	—	—	—
EPS	31.8	24	13.2	29.6	54.5	72.4	97.7	126.4	144.8	151.8
Diluted EPS	31.7	23.8	13.1	29.1	53.7	70.9	95.7	123.9	142.3	149.5

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26	Q3 26	Q4 26	Q1 27
Revenue	393.8B	400.7B	460.4B	461.5B	5.7B	5.7B	841.8B	514.9B	346B	352.9B	357.4B	383.7B
Cost of revenue	—	—	—	—	—	—	—	—	—	—	—	—
Gross profit	—	—	—	—	—	—	—	—	—	—	—	—
Gross margin	—	—	—	—	—	—	—	—	—	—	—	—
Research & development	—	—	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	165.5B	166.8B	228.1B	61.7B	2.6B	2.7B	149.2B	225.1B	61.2B	62.4B	62.6B	69.1B
Operating expenses	165.5B	166.8B	228.1B	61.7B	2.6B	2.7B	149.2B	225.1B	61.2B	62.4B	62.6B	69.1B
Operating income	—	—	—	—	—	—	—	—	—	—	—	—
Operating margin	—	—	—	—	—	—	—	—	—	—	—	—
Non-operating income, net	—	—	—	—	—	—	—	—	—	—	—	—
Pretax income	151.6B	154B	163.8B	168.2B	2.1B	2B	191.4B	195.6B	191.3B	178.2B	208.1B	213.7B
Income tax	38.1B	38.9B	41.8B	43.6B	523.1M	508M	47.9B	51B	48.1B	43.4B	51.3B	51B
Net income	113.5B	115.2B	122B	124.6B	1.6B	1.5B	143.5B	144.6B	143.2B	134.8B	156.8B	162.8B
Net margin	28.8%	28.7%	26.5%	27%	27.4%	26.6%	17.1%	28.1%	41.4%	38.2%	43.9%	42.4%
EBITDA	—	—	—	—	—	—	—	—	—	—	—	—
EPS	31.1	31.5	33.3	33.3	36.8	36.5	38.2	38	37.4	35.1	41.2	43.1
Diluted EPS	30.5	30.9	32.6	32.6	36.1	35.9	37.7	37.4	36.8	34.6	40.7	42.6

P/E

Annual history by fiscal year; click a table row below to chart a different metric.

Current values are trailing twelve months where available, otherwise the latest fiscal year; unreported figures show a dash.

Key stats

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
Market cap	2.2T	2.5T	3.2T	2.4T	4.7T	5.7T	6.5T	—	111.1B	92.5B	92.5B
Enterprise value	3T	3.4T	4T	2.8T	4.3T	5.1T	6.7T	—	-235.5B	-733.8B	-733.8B
Shares outstanding	277.4B	278.1B	278.9B	279.9B	292.3B	300.5B	301.9B	3.5B	3.5B	3.6B	3.6B

Valuation

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
P/E	19.1	27	56.2	21.2	23	21.4	18.4	—	0.2	0.16	0.16
P/S	2.76	2.91	3.47	2.27	3.95	4.89	4.86	—	0.06	0.04	0.04
P/B	1.98	2.11	2.65	1.83	2.8	3.03	2.95	—	0.03	0.02	0.02
EV/Sales	3.78	4.05	4.38	2.65	3.6	4.42	5	—	-0.13	-0.33	-0.33
Earnings yield	5.23%	3.7%	1.78%	4.72%	4.35%	4.66%	5.44%	—	491.3%	626.3%	626.3%
FCF yield	23.7%	7.45%	14.9%	32.7%	29.1%	9.88%	-0.96%	—	1.1K%	687.5%	687.5%

Profitability

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
Net margin	14.4%	10.7%	6.18%	10.7%	17.2%	22.8%	26.4%	28.6%	30%	25.9%	25.9%
ROE	10.4%	7.8%	4.71%	8.65%	12.2%	14.1%	16%	17.1%	16.6%	15.3%	15.3%
ROA	—	—	—	—	—	—	—	1.95%	2.07%	1.99%	1.99%
Return on tangible assets	—	—	—	—	—	—	—	1.95%	2.08%	2%	2%

Financial health

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
Debt / equity	1.7	1.84	1.68	1.54	0.84	0.84	0.83	0.74	0.62	0.55	0.55
Debt / assets	—	—	—	—	—	—	—	0.09	0.08	0.07	0.07
Effective tax rate	—	—	30.2%	65.6%	27.8%	31.9%	25%	25.1%	25.3%	25.1%	25.1%

Per share

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
Revenue per share	2.83	3.05	3.3	3.75	4.06	3.87	4.44	460.3	517	625.5	625.5
EPS (basic)	31.8	24	13.2	29.6	54.5	72.4	97.7	126.4	144.8	151.8	151.8
EPS (diluted)	31.7	23.8	13.1	29.1	53.7	70.9	95.7	123.9	142.3	149.5	149.5
Book value per share	3.95	4.19	4.33	4.64	5.72	6.26	7.33	771.1	933	1.1K	1.1K
FCF per share	1.85	0.66	1.7	2.78	4.66	1.87	-0.21	438.6	335	178.1	178.1
Cash per share	3.82	4.23	4.24	5.71	6.21	7.11	5.42	542.9	676.3	812.7	812.7
Capex per share	0.05	0.04	0.04	0.07	0.06	0.06	0.07	10.3	13.4	—	—

Capital allocation

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
Capex / revenue	1.66%	1.2%	1.2%	1.76%	1.41%	1.5%	1.62%	2.24%	2.58%	—	—
Capex / operating cash flow	1.23%	1.07%	0.71%	1.24%	0.7%	0.89%	1.3%	1.04%	1.54%	—	—
Payout ratio	30.2%	18.9%	20.5%	7.9%	—	5.22%	9.81%	12.1%	12.9%	13.6%	13.6%
Dividend yield	1.58%	0.7%	0.37%	0.37%	—	0.24%	0.53%	—	63.4%	84.9%	84.9%

Yield

—

trailing twelve months

Frequency

Annual

Last dividend

$0.249

ex-dividend Aug 3, 2026

Payout ratio

14%

of earnings

Dividend growth

4 years

consecutive annual raises

Dividend per share

Split-adjusted payout per share by ex-dividend date.

Recent payouts

Ex-dividend	Amount
Aug 3, 2026	$0.249
Aug 12, 2025	$0.257
Aug 12, 2024	$0.2389
Aug 8, 2023	$0.1949
Aug 9, 2022	$0.1262
Jul 28, 2021	$0.0547
Jul 23, 2019	$0.0282
Jun 19, 2017	$0.07

Split history

Period	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26	Q3 26	Q4 26	Q1 27
Revenue	$393.8B	$400.7B	$460.4B	$461.5B	$5.7B	$5.7B	$841.8B	$514.9B	$346B	$352.9B	$357.4B	$383.7B
YoY change	+18.7%	+14.9%	+16.9%	+29.2%	-98.5%	-98.6%	+82.9%	+11.6%	+5.9K%	+6.1K%	-57.5%	-25.5%

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Cash & short-term investments	1.1T	1.2T	1.2T	1.6T	1.8T	2.1T	1.6T	1.9T	2.4T	2.9T
Receivables	72.6B	89.3B	98B	111.8B	110.6B	108.4B	151.1B	208.6B	238.4B	236.6B
Inventory	—	—	—	—	—	—	—	—	—	—
Total current assets	—	—	—	—	—	—	—	—	—	—
Property, plant & equipment	93.4B	94.7B	96.6B	104.1B	108.1B	106.1B	109.7B	132.4B	158.1B	182B
Goodwill & intangibles	—	—	—	—	2.2B	2B	2B	49.5B	169.2B	211B
Total assets	—	—	—	—	—	—	—	23.6T	26.4T	29.1T
Accounts payable	35B	35.9B	36.6B	30.7B	24.8B	27.5B	33.4B	39B	42.2B	42.1B
Short-term debt	12.1B	12.9B	19.1B	32.4B	42.2B	90.4B	98B	173B	226.2B	245.2B
Total current liabilities	—	—	—	—	—	—	—	—	—	—
Long-term debt	1.8T	2.1T	2T	2T	1.4T	1.5T	1.7T	1.8T	1.8T	1.8T
Total liabilities	—	—	—	—	—	—	—	20.9T	23.1T	25.3T
Shareholders' equity	1.1T	1.2T	1.2T	1.3T	1.7T	1.9T	2.2T	2.7T	3.3T	3.8T
Total debt	1.9T	2.1T	2T	2T	1.4T	1.6T	1.8T	2T	2T	2.1T
Net debt	802B	972.7B	842.5B	397.5B	-412.7B	-550.5B	199.4B	108.7B	-346.5B	-826.3B

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26	Q3 26	Q4 26	Q1 27
Cash & short-term investments	1.3T	1.2T	1.9T	1.3T	18.5B	18.8B	2.4T	2T	1.7T	1.8T	2.9T	2T
Receivables	—	—	208.6B	—	—	—	238.4B	—	—	—	236.6B	—
Inventory	—	—	—	—	—	—	—	—	—	—	—	—
Total current assets	—	—	—	—	—	—	—	—	—	—	—	—
Property, plant & equipment	—	—	132.4B	—	—	—	158.1B	—	—	—	182B	—
Goodwill & intangibles	2B	2B	49.5B	58.2B	656.8M	635.2M	169.2B	169.2B	169.2B	209.7B	211B	211B
Total assets	—	—	23.6T	24.1T	284B	276.3B	26.4T	26.7T	26.9T	27.5T	29.1T	30T
Accounts payable	—	—	39B	—	—	—	42.2B	—	—	—	42.1B	—
Short-term debt	—	—	173B	—	—	—	226.2B	—	—	—	245.2B	—
Total current liabilities	—	—	—	—	—	—	—	—	—	—	—	—
Long-term debt	1.9T	2T	1.8T	2.1T	24.8B	23.7B	1.8T	2.2T	2.2T	2.2T	1.8T	2.3T
Total liabilities	—	—	20.9T	21.2T	250.6B	242.6B	23.1T	23.2T	23.3T	23.9T	25.3T	26T
Shareholders' equity	2.4T	2.5T	2.7T	2.9T	33.4B	33.7B	3.3T	3.5T	3.5T	3.7T	3.8T	4T
Total debt	1.9T	2T	2T	2.1T	24.8B	23.7B	2T	2.2T	2.2T	2.2T	2.1T	2.3T
Net debt	606.1B	795.2B	108.7B	715.2B	6.2B	4.9B	-346.5B	183.3B	476.7B	360.6B	-826.3B	298.2B

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Net income	126.6B	95.9B	59.7B	169.3B	240.5B	335.7B	458.3B	596.8B	694.6B	735.9B
Depreciation & amortization	10.4B	10.4B	10.5B	13.7B	14.7B	14.7B	16.4B	20B	26.9B	31.2B
Stock-based compensation	180.9M	131.1M	79.2M	114.1M	77.6M	2.7B	5.2B	7B	7.9B	9.7B
Change in working capital	760.9B	680.5B	1.3T	1.2T	2T	1.5T	1.1T	2.8T	2.3T	2.3T
Operating cash flow	1.1T	947.2B	1.5T	1.5T	2.4T	2T	1.7T	3.5T	3.1T	673.3B
Capital expenditure	-13B	-10.2B	-11B	-18.5B	-16.8B	-17.4B	-21.8B	-36.1B	-47.1B	—
Investing cash flow	-13B	-10.2B	-11B	-18.5B	-16.8B	-17.4B	-21.8B	-36.1B	-47.1B	—
Dividends paid	-34.2B	-17.2B	-11.7B	-8.9B	—	-13.9B	-34.8B	-56B	-70.4B	-78.5B
Share repurchases	—	—	—	—	—	—	—	—	—	—
Financing cash flow	-354.7B	396.8B	-200B	29.9B	-546.7B	174.5B	247.9B	137.6B	55.9B	-46.6B
Net change in cash	686.9B	1.3T	1.3T	1.5T	1.8T	2.1T	1.9T	3.6T	3.1T	626.6B
Free cash flow	513.2B	183.4B	475.2B	776.9B	1.4T	562.5B	-62.4B	1.5T	1.2T	636B

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	Q4 00
Net income	353.9M
Depreciation & amortization	219.1M
Stock-based compensation	—
Change in working capital	—
Operating cash flow	879.8M
Capital expenditure	-263.1M
Investing cash flow	-10B
Dividends paid	-949.3K
Share repurchases	—
Financing cash flow	-949.3K
Net change in cash	-9.1B
Free cash flow	4.3B

Jun 19, 2017	11:10
Dec 9, 2014	5:1

ICICI Bank Limited Sponsored ADR Financials

EPS

Revenue

Results

EPS

Revenue

Results

Total revenue

Total revenue

Revenue and profits

Condensed income statement

Revenue and profits

Condensed income statement

P/E

Key stats

Valuation

Profitability

Financial health

Per share

Capital allocation

Dividend per share

Recent payouts

Split history

Assets vs. liabilities & equity

Condensed balance sheet

Assets vs. liabilities & equity

Condensed balance sheet

Cash generation and uses

Condensed cash flow statement

Cash generation and uses

Condensed cash flow statement