ICICI Securities
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- P/E
- 16.61
No trades in 1Y · Last traded
Peer Comparison
Financial Services › Capital Markets › Stockbroking & Allied
| ₹207.23 | 48.08 | ₹1,31,118 Cr | 11.23 | 0.00% | 28.80% | 37.30% | ₹5,724 Cr | ₹2,693 Cr | |
| ₹1,013.00 | 30.77 | ₹61,868 Cr | 3.93 | 0.59% | 15.50% | 12.70% | ₹10,063 Cr | ₹1,984 Cr | |
| ₹1,068.70 | 34.83 | ₹44,218 Cr | 3.67 | 1.27% | 14.40% | 12.10% | ₹4,664 Cr | ₹1,247 Cr | |
| ₹1,846.40 | 30.99 | ₹34,294 Cr | 8.31 | 0.75% | 27.40% | 17.50% | ₹4,884 Cr | ₹1,083 Cr | |
| ₹312.10 | 24.63 | ₹28,381 Cr | 4.28 | 0.77% | 15.60% | 14.80% | ₹5,651 Cr | ₹1,155 Cr | |
| ₹349.05 | 19.09 | ₹10,997 Cr | 3.18 | 0.86% | 16.20% | 21.10% | ₹2,434 Cr | ₹572 Cr | |
| ₹182.92 | 11.01 | ₹4,051 Cr | 1.38 | 0.49% | 13.00% | 18.40% | ₹1,577 Cr | ₹364 Cr | |
| ₹896.20 | 16.61 | — | — | — | 29.20% | 13.80% | ₹6,269 Cr | ₹1,755 Cr | |
| Median 8 companies | ₹622.63 | 27.70 | ₹34,294 Cr | 3.93 | 0.75% | 15.90% | 16.15% | ₹5,268 Cr | ₹1,201 Cr |
Comparable companies in the same industry. Market cap, P/E and P/B use the latest price; other metrics are as reported in filings. A dash means the figure is not published for that company. 1 company is not shown because they are not listed on an exchange we cover.
Key Insights
Strengths
4- Company has a good return on equity (ROE) track record: 3 Years ROE 38.5%
- Company has been maintaining a healthy dividend payout of 36.1%
- Debtor days have improved from 47.5 to 33.6 days.
- Company's median sales growth is 25.1% of last 10 years
Weaknesses
1- Company might be capitalizing the interest cost
Technical Indicators
| Group | Signal | Bearish | Neutral | Bullish |
|---|---|---|---|---|
| Overall | Strong Bullish | 4 | 2 | 13 |
| Oscillators | Bearish | 4 | 2 | 3 |
| Moving Averages | Strong Bullish | 0 | 0 | 10 |
Oscillators
Bearish
Overall
Strong Bullish
Moving Averages
Strong Bullish
Key readings
- RSI (14)
- 77.72
- Bearish
- MACD (12,26,9)
- 16.43
- Bullish
- SMA (50)
- 828.92
- Bullish
- SMA (200)
- 824.75
- Bullish
As of , the latest day with price data, so these readings are not current.
Growth Rate
From the financial statements below. 10Y, 5Y, 3Y: compound annual growth to Mar 2026; 1Y: fiscal year to Mar 2026 against Mar 2025; TTM: four quarters to Sep 2026 against Sep 2025.
Revenue
| 10Y | +18.00% |
|---|---|
| 5Y | +17.90% |
| 3Y | +19.84% |
| 1Y | −7.02% |
| TTM | +7.79% |
Net profit
| 10Y | +21.77% |
|---|---|
| 5Y | +9.91% |
| 3Y | +15.28% |
| 1Y | −11.75% |
| TTM | +3.17% |
Operating cash flow
| 10Y | — |
|---|---|
| 5Y | Outflow narrowed by ₹151 Cr |
| 3Y | Outflow widened by ₹785 Cr |
| 1Y | Outflow narrowed by ₹320 Cr |
| TTM | — |
10Y: The statements do not go back far enough for this window.
TTM: Reported once a year, so there is no trailing-twelve-month figure.
Operating margin· change in pp
| 10Y | +33.80 pp |
|---|---|
| 5Y | +9.27 pp |
| 3Y | +9.24 pp |
| 1Y | +0.23 pp |
| TTM | +0.33 pp |
Revenue by year
| Mar 2017 | ₹1,403 Cr |
|---|---|
| Mar 2018 | ₹1,861 Cr |
| Mar 2019 | ₹1,725 Cr |
| Mar 2020 | ₹1,721 Cr |
| Mar 2021 | ₹2,586 Cr |
| Mar 2022 | ₹3,435 Cr |
| Mar 2023 | ₹3,422 Cr |
| Mar 2024 | ₹5,049 Cr |
| Mar 2025 | ₹6,335 Cr |
| Mar 2026 | ₹5,890 Cr |
Net profit by year
| Mar 2017 | ₹339 Cr |
|---|---|
| Mar 2018 | ₹553 Cr |
| Mar 2019 | ₹491 Cr |
| Mar 2020 | ₹542 Cr |
| Mar 2021 | ₹1,068 Cr |
| Mar 2022 | ₹1,383 Cr |
| Mar 2023 | ₹1,118 Cr |
| Mar 2024 | ₹1,697 Cr |
| Mar 2025 | ₹1,941 Cr |
| Mar 2026 | ₹1,713 Cr |
Quarterly Results
₹ Cr| Particulars | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,249 | 1,323 | 1,543 | 1,641 | 1,707 | 1,586 | 1,398 | 1,409 | 1,422 | 1,555 | 1,503 | 1,547 | 1,663 |
| Expenses | 439 | 412 | 464 | 506 | 539 | 417 | 412 | 440 | 405 | 432 | 438 | 441 | 473 |
| Operating Profit | 810 | 911 | 1,079 | 1,135 | 1,168 | 1,169 | 986 | 969 | 1,017 | 1,123 | 1,065 | 1,106 | 1,190 |
| OPM % | 65% | 69% | 70% | 69% | 68% | 74% | 71% | 69% | 72% | 72% | 71% | 71% | 72% |
| Other Income | 0 | 1 | 1 | 3 | 0 | 0 | −1 | 2 | 1 | 1 | 1 | 1 | 1 |
| Interest | 215 | 261 | 327 | 394 | 419 | 454 | 433 | 406 | 406 | 448 | 463 | 502 | 557 |
| Depreciation | 26 | 27 | 34 | 37 | 39 | 39 | 43 | 40 | 41 | 40 | 40 | 42 | 43 |
| PBT | 569 | 624 | 720 | 708 | 711 | 676 | 510 | 526 | 572 | 637 | 564 | 563 | 591 |
| Tax % | 26% | 25% | 25% | 26% | 26% | 25% | 25% | 26% | 26% | 25% | 25% | 26% | 26% |
| Net Profit | 424 | 466 | 537 | 527 | 529 | 504 | 381 | 391 | 425 | 475 | 422 | 419 | 439 |
| EPS (₹) | 13.11 | 14.41 | 16.59 | 16.28 | 16.33 | 15.52 | 11.72 | 12.03 | 13.07 | 14.59 | 12.99 | 12.88 | 13.5 |
Profit & Loss
₹ Cr| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,210 | 1,125 | 1,403 | 1,861 | 1,725 | 1,721 | 2,586 | 3,435 | 3,422 | 5,049 | 6,335 | 5,890 | 6,269 |
| Expenses | 711 | 707 | 838 | 942 | 912 | 823 | 993 | 1,250 | 1,313 | 1,678 | 1,860 | 1,715 | 1,785 |
| Operating Profit | 499 | 417 | 566 | 919 | 813 | 898 | 1,593 | 2,185 | 2,109 | 3,372 | 4,475 | 4,174 | 4,484 |
| OPM % | 41% | 37% | 40% | 49% | 47% | 52% | 62% | 64% | 62% | 67% | 71% | 71% | 72% |
| Other Income | −2 | −1 | 1 | −2 | 1 | 3 | −1 | 4 | 4 | 2 | −14 | 6 | 4 |
| Interest | 31 | 26 | 29 | 50 | 42 | 86 | 107 | 274 | 536 | 987 | 1,699 | 1,723 | 1,970 |
| Depreciation | 16 | 16 | 15 | 15 | 15 | 61 | 54 | 63 | 75 | 109 | 157 | 160 | 164 |
| PBT | 450 | 374 | 522 | 852 | 757 | 753 | 1,431 | 1,853 | 1,501 | 2,278 | 2,605 | 2,297 | 2,354 |
| Tax % | 35% | 36% | 35% | 35% | 35% | 28% | 25% | 25% | 26% | 26% | 25% | 25% | — |
| Net Profit | 294 | 239 | 339 | 553 | 491 | 542 | 1,068 | 1,383 | 1,118 | 1,697 | 1,941 | 1,713 | 1,755 |
| EPS (₹) | 9.12 | 7.41 | 10.51 | 17.18 | 15.24 | 16.83 | 33.14 | 42.84 | 34.61 | 52.46 | 59.7 | 52.68 | 53.96 |
| Div. Payout % | 55% | 67% | 61% | 32% | 62% | 65% | 65% | 56% | 55% | 55% | 30% | 23% | — |
Balance Sheet
₹ Cr| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 161 | 161 | 161 | 161 | 161 | 161 | 161 | 161 | 161 | 162 | 121 | 121 | 121 |
| Reserves | 191 | 237 | 329 | 687 | 886 | 1,048 | 1,661 | 2,269 | 2,691 | 3,761 | 5,301 | 6,174 | 6,501 |
| Borrowings | 227 | 173 | 395 | 677 | 452 | 1,657 | 3,630 | 7,846 | 9,408 | 16,887 | 21,083 | 25,258 | 28,883 |
| Other Liabilities | 784 | 826 | 1,162 | 1,349 | 3,165 | 1,576 | 2,729 | 3,370 | 3,308 | 4,814 | 3,543 | 3,828 | 3,635 |
| Total Liabilities | 1,363 | 1,397 | 2,047 | 2,874 | 4,665 | 4,443 | 8,181 | 13,646 | 15,569 | 25,623 | 30,048 | 35,380 | 39,140 |
| Fixed Assets | 35 | 35 | 35 | 38 | 44 | 198 | 161 | 184 | 258 | 529 | 663 | 618 | 718 |
| CWIP | 4 | 2 | 3 | 4 | 4 | 8 | 8 | 14 | 31 | 30 | 17 | 90 | 0 |
| Investments | 1 | 1 | 2 | 4 | 3 | 2 | 469 | 254 | 924 | 406 | 321 | 200 | 70 |
| Other Assets | 1,323 | 1,358 | 2,008 | 2,828 | 4,614 | 4,234 | 7,543 | 13,195 | 14,356 | 24,658 | 29,048 | 34,471 | 38,350 |
| Total Assets | 1,363 | 1,397 | 2,047 | 2,874 | 4,665 | 4,443 | 8,181 | 13,646 | 15,569 | 25,623 | 30,048 | 35,380 | 39,140 |
Cash Flow
₹ Cr| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating | — | — | 165 | 71 | 2,289 | −1,878 | −1,610 | −2,597 | −674 | −5,621 | −1,779 | −1,459 |
| Investing | — | — | −17 | −21 | −21 | −23 | −40 | −69 | −125 | −257 | −208 | −180 |
| Financing | — | — | −54 | 6 | −561 | 559 | 1,417 | 3,130 | 266 | 5,715 | 1,972 | 1,607 |
| Net Cash Flow | — | — | 94 | 56 | 1,707 | −1,342 | −233 | 464 | −533 | −163 | −15 | −32 |
| Free Cash Flow | — | — | 150 | 49 | 2,268 | −1,901 | −1,650 | −2,661 | −799 | −5,878 | −1,987 | −1,639 |
| CFO/EBITDA | — | — | 64 | 43 | 315 | −186 | −80 | −98 | −14 | −152 | −25 | −21 |
Ratios
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 52 | 95 | 185 | 61 | 101 | 19 | 65 | 41 | 83 | 69 | 40 | 34 |
| Cash Conversion Cycle | 52 | 95 | 185 | 61 | 101 | 19 | 65 | 41 | 83 | 69 | 40 | 34 |
| Working Capital Days | −194 | −73 | −154 | −284 | −555 | −399 | −285 | −286 | −235 | −244 | −135 | −150 |
| ROCE % | 84% | 70% | 76% | 75% | 53% | 38% | 37% | 27% | 18% | 20% | 18% | 14% |
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
Log in to view ICICI Securities insights
56 extracted metrics across FY04–FY27.
Documents
- Q1 FY25 concall · Jul 2024PPT
- Q4 FY24 concall · Apr 2024PPT
- Q3 FY24 concall · Jan 2024Transcript PPT
- Q2 FY24 concall · Oct 2023Transcript PPT
- Q1 FY24 concall · Jul 2023Transcript PPT
- 25 Sep 2026
- 27 Aug 2026
- 27 Aug 2026
- 3 Sep 2025
- 3 Sep 2025
Frequently Asked Questions about ICICI Securities
What does ICICI Securities Ltd do?
Where is ICICI Securities Ltd (ISEC) listed?
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Company Information
ICICI Securities Limited is engaged in the business of broking (institutional and retail), distribution of financial products, merchant banking and advisory services.
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