Q1 FY27 results: PAT falls 46 percent on Supreme Court claim reserve

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ICICIGI · price

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Price reactionminutes from the announcement price · days from the prior close

-10.8%Reaction day

₹1815.00

prior close

₹1700.00

announcement price

After-mkt

timing

Nifty Midcap 150market-0.4%-10.4% vs market

General Insurance peers, median of 5sector-0.9%-9.9% vs sector

On the reaction day the stock moved 10.4 pts less than Nifty Midcap 150 and 9.9 pts less than its General Insurance peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-3.9

10m

-3.9

15m

-3.9

30m

-6.8

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-10.8-0.4-10.4-0.9-9.9

Next day

-11.3-0.8-10.5-2.8-8.4

-11.0-0.3-10.7-2.3-8.6

-10.6+0.1-10.6-1.8-8.8

-12.3-1.0-11.4-3.1-9.2

-10.3-1.9-8.4-4.0-6.3

-7.3-1.0-6.4-2.2-5.1

15d

-8.7+0.7-9.3-2.2-6.5

-10.4+1.3-11.7-3.2-7.2

-20.7-3.4-17.3-8.2-12.4

-7.4-6.1-1.3-8.4+1.0

UpDownMarket · Nifty Midcap 150Sector · General Insurance peers, median of 5Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

ICICI Lombard Q1 FY27 PAT fell about 46 percent year on year to Rs 403 crore from Rs 747 crore, pulled down by a Rs 185 crore extra claim reserve booked after the Supreme Court judgment valuing homemaker unpaid work in motor accident claims. Gross premiums rose about 7 percent to Rs 8,610 crore and net premiums written climbed nearly 18 percent to Rs 6,604 crore. Combined ratio worsened to 102.4 percent from 101.6 percent. Solvency improved to 2.73 times. Board extended CIO Vinod Mahajan's tenure by two years to April 2029.

Likely market impact

Short term PAT hit by a one-time Supreme Court related reserve; underlying premium growth and solvency stay healthy.