Shares of ICICI Lombard General Insurance climbed 3.07% to ₹1,771.30 on Monday, ahead of its Q4FY25 earnings announcement later in the day. The stock saw intraday movement between ₹1,736.00 and ₹1,779.00 on the NSE, as investor sentiment remained positive.
ICICI Lombard is among the key companies kicking off the earnings season this week, alongside ICICI Prudential Life and IREDA. Other smaller firms like Delta Industrial Resources, GM Breweries, and MRP Agro are also expected to report results.
According to estimates, the company’s total income for the fourth quarter is likely to grow 5% year-on-year to ₹5,430 crore. Motilal Oswal said Net Earned Premium (NEP) growth is expected to remain moderate, impacted by weak auto sales and the transition to the new 1/n accounting method. However, the auto segment’s market share is likely to have improved.
The combined ratio (CoR) may stay elevated due to seasonality and accounting changes. Analysts at Nuvama noted that while sequential loss ratios are likely to improve, CoRs may deteriorate as the full implications of the revised accounting method on distributor payouts continue to unfold. Management has not provided specific guidance on this front.
Stock snapshot
- Current Price: ₹1,771.30
- Previous Close: ₹1,718.55
- Day Range: ₹1,736.00 – ₹1,779.00
- Market Cap: ₹878.38 billion
- P/E Ratio: 35.11
- Dividend Yield: 0.65%
- Volume: 655.87K
Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information.
