Announced Wed, 15 Jul · 18:44 IST
ICICI Lombard Q1 PAT falls 46% on fire losses and motor TP court ruling
ICICIGI · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-11.3%1-day move
₹1815.00
prior close
₹1700.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-3.9-3.9-3.9-6.8-11.3-11.0-10.6-12.3-10.3-7.3————
Up moveDown movePending
AI summary
ICICI Lombard Q1 FY27 GDPI grew 7.5% to Rs 83.18 billion, trailing industry growth of 10.9%. PAT fell 46% to Rs 4.03 billion, hit by two large fire losses and a Supreme Court ruling that added Rs 1.65 billion to Motor TP claims reserves. Combined ratio worsened to 107.2% from 102.9%. Excluding these items, PAT fell 23% and CoR was 103.4%. ROAE dropped to 9.6%. Motor grew 14%, Health up 24%, but Fire fell 32% on pricing pressure. Solvency ratio healthy at 2.71x.
Likely market impact
Profitability dented by exceptional items; underlying business shows mild margin pressure. Strong growth in Motor and Health continues.