Scrip Scan

ICICI Lombard General Insurance Comany Ltd.

Scrip Sanctuaries for protection from the wildlife in this jungle of Indian Equities

ICICI Lombard General Insurance Comany Ltd.

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

 

Excerpts from Gaurav’s Blog

  Rest in Peace now Gerela Saab  ! Mr S T Gerela ex GM of BSE passed away peacefully this morning We

Vedanta de-listing offer price Rs 87.50~Come on Mr Anil Agarwal ! Promoter Group of  Vedanta Ltd has

This is a Riskless Reliance Industries Rights Investment Strategy for those over 2.3 Million Shareho

 Wealth is negotiable, Health is not Your Personal Well Being is more important that the Stock Mark

Yes Bank ~ Has the RBI & MOF lost it !? SEBI really is a bystander here Controversial Lock In Cl