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Fundamentals for ICICI Prudential Life Insurance Company Limited
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Fundamentals for ICICI Prudential Life Insurance Company Limited
Business Operations:
Sector: Financial ServicesIndustry: Insurance - Life
ICICI Prudential Life Insurance Company Limited provides life insurance, pension, and health insurance products to individuals and groups in India. The company offers term life, savings, protection, annuity, and retirement insurance products; and pension fund management services. It distributes its products through individual and corporate agents, banks, and brokers, as well as through its sales force and website. The company was incorporated in 2000 and is based in Mumbai, India. ICICI Prudential Life Insurance Company Limited operates as a subsidiary of ICICI Bank Limited.
Revenue projections:
Investors may react cautiously to news that ICICIPRULI's revenues are forecasted to be lower than last year's. Such declines are likely to have a negative effect on the company's bottom line, which can lead to concerns about profitability and hinder investor confidence in the company's future performance.
Financial Ratios:
| currentRatio | 1.13200 |
|---|---|
| forwardPE | 38.03329 |
| debtToEquity | 19.03700 |
| earningsGrowth | 0.61400 |
| revenueGrowth | -0.78900 |
| grossMargins | 0.10402 |
| operatingMargins | 0.08467 |
| trailingEps | 11.10000 |
| forwardEps | 13.50133 |
ICICI Prudential Life Insurance Company Limited's current ratio of 1.132 indicates strong liquidity, meaning the company can comfortably meet its short-term debt obligations. This financial position reflects ICICI Prudential Life Insurance Company Limited's ability to use its cash reserves and current assets to cover liabilities without facing any cash flow issues.
ICICIPRULI's low Debt-to-Equity ratio demonstrates that the company maintains a healthy balance between equity and debt, avoiding over-leverage. This suggests a low-risk financial profile, giving investors confidence in the company's stability and ability to manage its financial commitments.
ICICIPRULI's low earnings and revenue growth suggest that the company's profits may shrink. This trend could indicate underlying financial struggles and pose challenges for ICICIPRULI's future profitability.
ICICI Prudential Life Insurance Company Limited's negative gross and operating margins indicate that the company is unprofitable, struggling to cover its production and operational costs. This reflects potential weaknesses in cost management or declining sales performance.
With a forward EPS greater than its trailing EPS, ICICI Prudential Life Insurance Company Limited is forecasted to be more profitable this year than last. This growth expectation reflects confidence in the company's earnings potential and suggests an improving financial trajectory for the year ahead.
Price projections:
Price projections for ICICIPRULI have been revised down over time, reflecting a less optimistic outlook. Analysts appear to be adjusting their expectations, signaling concerns about the company's ability to sustain its previous growth levels.
Insider Transactions:
1 sales transactions of ICICIPRULI were conducted, with market price at 650.4000244140625.1 separate purchases of ICICI Prudential Life Insurance Company Limited stock were made, while market price was at 595.2000122070312 per share.The insider transaction data does not present a strong trend, leaving ambiguity about the company’s overall strategic or financial direction.
Recommendation changes over time:
Analysts are favoring ICICIPRULI with a buy bias, highlighting the stock's potential as a solid investment. This recommendation might drive more investors to consider ICICIPRULI as a secure and profitable option for their money, contributing to a broader positive sentiment in the market.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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