ICICI Bank Ltd.
Banking · NSE
52-week range
₹1,188 – ₹1,489
From 52w high
-15.0%
RSI (14)
42.8
vs SMA 50 / 200
↓ 50 · ↓ 200
ICICI Bank trades at ₹1,264.80, a PE of 17x trailing and 14x forward, with ROE of 16.36% and a 24.93% profit margin on 5-year revenue growth of 66.9%. The stock is 15% below its 52-week high, below the 50-DMA (₹1,301) and 200-DMA (₹1,370), and has declined 10.97% over the past 12 months despite an 8% YoY earnings increase in Q4 FY26.
- ✓Highest quality score among 6 banking-sector peers at 64, and second-ranked on both trailing PE (17x) and ROE (16.36%) within the peer set.
- ✓Forward PE of 13.96x represents a meaningful compression from trailing 17x, suggesting earnings-growth expectations are priced into a discount relative to trailing multiples.
- ✓Q4 FY26 profit of ₹13,702 cr marks 8% YoY growth with a ₹12/share dividend declared, and 5-year revenue has grown 66.9%.
- ✓Mean analyst rating of 1.25 across 40 analysts (1–5 scale, lower = more constructive).
- ✗Price is below both the 50-DMA (₹1,301) and 200-DMA (₹1,370), with three resistance levels clustered between ₹1,371 and ₹1,417 — the stock has retraced 15.03% from its 52-week high.
- ✗ROE has exceeded 15% in only 3 of the years available, and FCF-positive years also number 3, indicating the quality record is not yet a long established track.
- ✗An executive director sold 59% of his holding in April 2026, which is a disclosure event worth tracking for any follow-on insider activity.
- ✗Debt trend is classified as rising; while rising liabilities are intrinsic to bank balance sheets, the absence of a precise D/E ratio limits the ability to benchmark leverage against peers quantitatively.
- ·Q4 FY26 results (April 2026) showed profit up 8% YoY to ₹13,702 cr; management declared a ₹12/share dividend, the highest in recent years per coverage.
- ·Executive Director Rakesh Jha disclosed a sale of 59% of his personal holding in April 2026 — a regulatory filing event, not a company-level action.
- ·News flow as of May 2026 is broadly neutral (5 of 8 articles neutral, 2 positive, 1 negative), with coverage touching loan-loss ratios, digital banking strategy, and the FY26 results.
- ?Does the gap between trailing PE (17x) and forward PE (14x) reflect consensus earnings-growth expectations that are already priced in, or is there room for further estimate revision?
- ?How has ICICI Bank's NIM trended over the past four quarters, and does the rising debt-trend flag reflect liability repricing or balance-sheet expansion?
- ?What context surrounds the executive director's insider sale — was it part of a pre-announced ESOP liquidation schedule or a discretionary transaction?
- ?Has the stock's 10.97% 12-month decline underperformed its direct banking peers (HDFC Bank, Axis Bank) by a similar or wider margin, and if wider, what factor-level differences explain the divergence?
PE
17.0
Forward PE
14.0
ROE
+16.4%
Profit margin
+24.9%
D/E
—
Dividend yield
+0.9%
Quality score
64/100
ROE 5y above 15%
3/5 yrs
FCF 5y positive
3/5 yrs
For informational purposes only. Not investment advice. VivaTrades is not a SEBI-registered Investment Adviser or Research Analyst. Market data sourced from public feeds; consult a registered adviser before any investment decision.Analysis generated 10 May 2026.