Overall Fundamental outlook

Business Operations:

Sector: Financial Services
Industry: Insurance - Diversified

ICICI Lombard General Insurance Company Limited provides various general insurance products and services in India. The company primarily offers fire, marine, cargo, engineering, aviation, public/product liability, employee group, workmen's compensation, cyber, personal accident, and travel insurance solutions. It also provides credit, crop, cattle, weather, group and mass health, and motor, as well as home insurance solutions. In addition, the company offers underwriting and claims, customer relationship, technology, operations, finance and accounts, human resources, legal and compliance, actuarial, marketing, business analytics, administration, and fraud control, as well as reinsurance solutions. It serves its customers comprising individuals, corporates, state and central governments, government-owned enterprises, and rural customers, as well as micro, small, and medium enterprises through agents, brokers, bancassurance, tele-sales, direct alliances, motor insurance service providers, and online platforms. The company was incorporated in 2000 and is based in Mumbai, India. ICICI Lombard General Insurance Company Limited operates as a subsidiary of ICICI Bank Limited.

Revenue projections:

Revenue projections for ICICIGI
Revenue projections for ICICIGI

Revenues for ICICIGI are expected to drop compared to the previous year, which could be a cause for concern for investors. A decline in earnings may negatively impact the company's profitability, leading cautious investors to reconsider their positions, as it often signals challenges in overall financial health.

Financial Ratios:

currentRatio 0.269000
forwardPE 28.794495
debtToEquity 0.000000
earningsGrowth -0.026000
revenueGrowth 0.138000
grossMargins 0.257930
operatingMargins 0.110920
trailingEps 50.820000
forwardEps 58.290000

ICICIGI's current ratio 0.269 suggests potential liquidity issues, as the company's current assets and cash reserves may not cover its short-term debts. This indicates a possible challenge in meeting immediate financial commitments without securing additional funding.
ICICIGI's Forward PE is in a reasonable range, indicating the stock is priced well relative to its earnings. The stock isn't overpriced, which leaves room for future growth, making it an attractive option for investors seeking value and long-term gains.
ICICIGI's forward EPS surpassing its trailing EPS signals projected growth in profitability, with the company expected to perform better this year. This forecast suggests that ICICIGI's earnings will improve compared to the previous financial year, highlighting optimism in its financial outlook.

Price projections:

Price projections for ICICIGI
Price projections for ICICIGI

ICICIGI's price has often been near the lower end of the projected range. This ongoing trend suggests that investor confidence might be waning, and the stock could face challenges in gaining upward momentum.

Insider Transactions:

Insider Transactions for ICICIGI
Insider Transactions for ICICIGI


11 ICICIGI sales were executed, with market price at 1970.9636341441762.6 purchases of ICICIGI stock were recorded, with market price of 2082.4166463216147 per share.ICICI Lombard General Insurance Company Limited's current price levels are marked by increased selling, which could indicate further price drops. If this selling trend persists, the stock may continue to decline as investor confidence weakens.

Recommendation changes over time:

Recommendations trend for ICICIGI
Recommendations trend for ICICIGI


Analysts' recent buy bias toward ICICIGI suggests the stock is gaining favor as a strong investment choice. This optimism could drive more investors to see ICICIGI as a smart place to invest, further bolstering confidence in the company's long-term growth and potential returns.