ICICI Lombard General Insurance Comany Ltd.
General Insurance
FV – Rs 10; 52wks H/L – 1264.5/683; TTQ – 0.4 Lacs; CMP – Rs 1109.10 (As On June 13, 2019);
Market Cap – Rs 50430 Crs
Consolidated Financials and Valuations (Amt in Rs Crs unless specified)
Equity Capital | Net worth | Long Term Debt | Total Income | PAT | BV (Rs) | EPS (Rs) | P/E | Industry P/E | P/BV | Promoter’s Stake | |
FY18 | 454 | 4541 | 485 | 8066 | 861.76 | 100 | 18.98 | 58.42 | 47.4 | 11.08 | 55.92 |
FY19 | 454 | 5320 | 485 | 9752 | 1049.27 | 117 | 23.09 | 48.02 | 47.4 | 9.47 | 55.87 |
Consolidated Financial Trends (in Rs. Cr.)
Particulars | FY19 | FY18 | FY17 |
Equity Paid Up | 454 | 454 | 451 |
Networth | 5320 | 4541 | 3727 |
Total Debt | 485 | 485 | 485 |
Net Sales | 9752 | 8066 | 7210 |
PAT | 1049 | 862 | 702 |
Book Value (Rs) | 117 | 100 | 83 |
EPS (Rs) | 23.10 | 18.98 | 15.56 |
Management:
Lalita D. Gupte : Chairperson, Non-executive, Independent Director
Bhargav Dasgupta : Managing Director & CEO
Sanjeev Mantri : Executive Director – Retail
Alok Kumar Agarwal : Executive Director – Wholesale
Gopal Balachandran : Chief Financial Officer & Chief Risk Officer
Overview:
- ICICI Lombard GIC Ltd. is one of the leading private sector general insurance companies in India with a Gross Written Premium (GWP) of Rs147.89 billion for the year ended March 31, 2019.
- The company is engaged in general insurance, reinsurance, insurance claims management and investment management.
- The company offers products and services for Motor Insurance, Health Insurance, Travel insurance, Home Insurance, Specialty Lines Insurance, Property Insurance, Marine Insurance, Liability Insurance, Crop/Weather Insurance
- ICICI Lombard led the private sector players in the general insurance sector with a market share of 15.6% and had an overall industry market share of 8.5%.
Major Non-Promoter Holdings:
Company | No. of Shares | Percentage of Shares Held |
FAL CORPORATION | 44,978,770 | 9.9 |
RED BLOOM INVESTMENT LTD | 26,610,970 | 5.86 |
KOTAK Mutual Fund through Various schemes | 4,811,292 | 1.06 |
Peer Comparison
Peer Comparison: | |||||
Name | Last Price | Market Cap. | Sales | Net Profit | Total Assets |
Rs. | Rs. Cr. | Rs. Cr. | Rs. Cr. | Rs. Cr. | |
SBI Life Insurance Company Ltd. | 699.15 | 69785 | 1504 | 1049 | 7576 |
General Insurance Corporation of India Ltd. | 214.4 | 37614 | 3896 | 1327 | 31112 |
ICICI Lombard General Insurance Company Ltd. | 1174.15 | 53330 | 1691 | 3234 | 5885 |