# ICICI Lombard share price today (ICICI Lombard General Insurance Company Ltd, NSE: ICICIGI)

> ICICI Lombard share price today: ₹1,595.40 at the NSE close on 3 November 2026, down 20.0% in a year. ICICI Lombard General Insurance Company (NSE: ICICIGI) is worth ₹79,718 crore, trades at a P/BV of 4.2 and has closed between ₹1,458.10 and ₹2,020.20 over the past 52 weeks. > ICICI Lombard General Insurance Company Ltd's earnings have grown faster than its share price. Earnings per share grew +9.9% in a year while the price moved −20.0%. ICICIGI · Finance - Non Life Insurance · data as of 3 November 2026. Page: https://www.sectoralpha.in/stocks/icici-lombard-general-insurance-company-ltd

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## Key numbers

- Business trend: Getting worse, from the last 12 quarters
- Price: ₹1,595.40 (−20.0% in a year)
- P/BV: 4.2× (lower than 99% of the last 9 years)
- Revenue (Sep 2026): ₹8,220 Cr (+19.7% on a year ago)
- Profit (Sep 2026): ₹946 Cr (+15.4% on a year ago)
- Net margin: 11.5% (−0.4 points on a year ago)
- ROE: 17%, FY26
- ROA: 2.70%, latest

The main question: yearly earnings per share moved +9.9% while the share price moved −20.0%. ## What is the ICICI Lombard share price today? ICICI Lombard General Insurance Company Ltd's share price was ₹1,595.40 at the close on 3 November 2026. It has been falling for 35 weeks. That is 6.8% below its average price over the last 200 trading days. In the last 52 weeks it traded between ₹1,458 and ₹2,020, and at that close it sat 24% of the way up from that low. Over the past 13 weeks it has done better than the NIFTY 500, and it has stayed ahead for 4 weeks in a row. Over the last 9.1 years the share price moved +135% while the NIFTY 500 moved +151%, so it is behind the index over that whole period. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What changed at ICICI Lombard this quarter? Three changes stood out: revenue up on a year earlier for 12 quarters in a row (every quarter we can compare), indian funds and insurers (DIIs) raised their stake for 4 quarters in a row and foreign funds (FIIs) cut their stake for 4 quarters in a row. 1. Revenue up on a year earlier for 12 quarters in a row (every quarter we can compare) In the September 2026 quarter revenue was ₹8,220 crore, +19.7% on a year earlier. Why: Revenue rose because retail health grew faster than the market and the company won more of that business. Next results: check whether growth outside fire continues without exceptional losses. From the earnings call on 14 Oct 2026. 2. Indian funds and insurers (DIIs) raised their stake for 4 quarters in a row From 17.4% to 23.8% of the company by the September 2026 quarter. 3. Foreign funds (FIIs) cut their stake for 4 quarters in a row From 24% to 18.3% of the company by the September 2026 quarter. ## What are ICICI Lombard's latest quarterly results? For July to September 2026 (the quarter ended 30 September 2026), ICICI Lombard reported total income of ₹8,220 crore, up 19.7% from ₹6,869 crore a year earlier, and a profit of ₹946 crore, up 15.4% from ₹820 crore. ### ICICI Lombard results: July to September 2026 against a year earlier

| Measure | July to September 2026 | July to September 2025 | Change |
| --- | --- | --- | --- |
| Total income | ₹8,220 crore | ₹6,869 crore | +19.7% |
| Profit | ₹946 crore | ₹820 crore | +15.4% |
| Earnings per share | ₹18.94 | ₹16.47 | +15.0% |
| Net margin | 11.5% | 11.9% | −0.4 points |

The next results, for October to December 2026, are due by 14 February 2027: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter). ICICI Lombard's management discussed these results on a call held on 14 October 2026; what it said is further down this page. (From the company's reported quarterly results (quarter ended 30 September 2026). Income and profit in ₹ crore.)

## What is the ICICI Lombard share price history? ICICI Lombard closed at ₹1,595.40 on 3 November 2026, down 20.0% from ₹1,993.70 a year earlier (31 October 2025) and up 4.4% over five years. Its highest weekly close since September 2017 was ₹2,261.70 on 6 September 2024. ### ICICI Lombard share price: then and now

| When | Close | Change to 3 Nov 2026 |
| --- | --- | --- |
| 1 week ago · 23 Oct 2026 | ₹1,592.00 | +0.2% |
| 1 month ago · 1 Oct 2026 | ₹1,563.00 | +2.1% |
| 6 months ago · 30 Apr 2026 | ₹1,763.20 | −9.5% |
| 1 year ago · 31 Oct 2025 | ₹1,993.70 | −20.0% |
| 3 years ago · 3 Nov 2023 | ₹1,362.70 | +17.1% |
| 5 years ago · 4 Nov 2021 | ₹1,528.65 | +4.4% |
| Earliest weekly close in our records · 29 Sep 2017 | ₹680.20 | +134.5% |
| Highest weekly close since September 2017 · 6 Sep 2024 | ₹2,261.70 | −29.5% |
| Lowest weekly close since September 2017 · 3 Nov 2017 | ₹674.60 | +136.5% |
| 52-week high (weekly close) · 7 Nov 2025 | ₹2,020.20 | −21.0% |
| 52-week low (weekly close) · 18 Sep 2026 | ₹1,458.10 | +9.4% |

Weekly closing prices. Each change is the move from that price to the 3 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes. (479 weekly closes from 29 September 2017 to 3 November 2026.)

## What is the latest news on ICICI Lombard? 3 Nov 2026: ICICI Lombard closed at ₹1,595.40, up 0.2% on the week and up 2.1% on the month. 23 Oct 2026: ex-date for an interim dividend of ₹7 a share. ### Earlier

- 14 Oct 2026: ICICI Lombard held its results call for July to September 2026. Management guided: Motor aggregate loss ratio 65%-67%. - Results for July to September 2026: Total income up 19.7% and profit up 15.4% on a year earlier. - 29 May 2026: ex-date for a dividend of ₹7 a share. ## What dividend does ICICI Lombard pay? ICICI Lombard paid ₹14 a share in regular dividends in the 12 months to 4 November 2026 (2 payments), a yield of 0.88% at the ₹1,595.40 close on 3 November 2026. The last was an interim dividend of ₹7 a share, ex-date 23 October 2026. ### ICICI Lombard dividends since 1 April 2021

| Ex-date | Dividend per share | Type | Record date |
| --- | --- | --- | --- |
| 23 Oct 2026 | ₹7 | Interim | same day |
| 29 May 2026 | ₹7 | Dividend | same day |
| 23 Oct 2025 | ₹6.50 | Interim | same day |
| 6 Jun 2025 | ₹7 | Dividend | same day |
| 28 Oct 2024 | ₹5.50 | Interim | same day |
| 7 Jun 2024 | ₹6 | Dividend | same day |
| 27 Oct 2023 | ₹5 | Interim | same day |
| 12 Jun 2023 | ₹5.50 | Dividend | same day |
| 27 Oct 2022 | ₹4.50 | Interim | 28 Oct 2022 |
| 28 Jul 2022 | ₹5 | Dividend | 29 Jul 2022 |
| 29 Oct 2021 | ₹4 | Interim | 1 Nov 2021 |
| 2 Aug 2021 | ₹4 | Dividend | 3 Aug 2021 |

Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date. 5 of 5 Of the last 5 financial years, years with an NSE dividend record

Yes. ICICI Lombard General Insurance Company Ltd paid out 24% of its profit as dividends in FY26, and it paid a dividend in 12 of its last 13 reported years. (From the NSE corporate-actions record, read 4 November 2026.)

## What did ICICI Lombard management say on the latest results call? On the call for July to September 2026, held on 14 October 2026, ICICI Lombard's management guided: Motor aggregate loss ratio 65%-67%. > “At this point, in line with what we had said, this is now part of our business as usual, and we genuinely do not believe there is a need for us to separately identify any specific additional charge as a consequence of the Supreme Court judgment.”
> Sanjeev Mantri, MD & CEO, on the call for July to September 2026

### What management guided

- Group health loss ratio around 95%; retail health 65%-70%. - No further Supreme Court-related TP reserves anticipated beyond Q1 recognition. - Digital sourcing contribution planned to rise from 6% to 15%; timeframe not stated. - Expense-of-management limits expected to tighten in the initial phase, pending final rules. Management’s own plans and goals, from our notes of the call. A plan is not a result. Source: [the call transcript](https://files.tijorifinance.com/insight/india/5975/Conference Call/CC-Oct26.pdf). (From the call for July to September 2026, 14 October 2026.)

## What to watch in ICICI Lombard's next results? When ICICI Lombard reports October to December 2026, these are the 4 checks that show whether the story is still on course. First: Motor TP claims development and any additional Supreme Court-related reserving - check whether the business-as-usual treatment lasts. - What to check (from the call)
- Motor TP claims development and any additional Supreme Court-related reserving - check whether the business-as-usual treatment lasts. - Retail health share trajectory - check whether recent exit momentum persists in the next quarter. - Commercial fire recovery and ex-fire growth - verify whether improvement continues without exceptional losses. - IRDAI distribution paper - check for final rules affecting commission economics or motor TP tariff expectations. ## Which stock lists is ICICI Lombard on? ICICI Lombard is on one of our India lists: Small & mid cap stocks. [Small & mid cap stocks Size rank in India: 134](https://www.sectoralpha.in/small-cap-stocks-india)

## Is ICICI Lombard profitable? ICICI Lombard General Insurance Company Ltd earned ₹946 Cr of net profit in the Sep 2026 quarter, +15.4% on the same quarter a year earlier. Full-year FY26 profit was ₹2,772 Cr. Over 10 years profit has grown 18.5% a year on average. That is 11.5% of the quarter's revenue. The same quarter a year earlier earned ₹820 Cr. For the full year, FY26 profit was ₹2,772 Cr (+10.5% on the year before). Why profit moved: revenue changed +19.7% on a year earlier and the margin moved −0.4 percentage points. Sales did the work, and the margin was about flat. On average over the last four quarters, profit changed −8.1% and revenue +13.9%. Profit is growing slower than sales: rising costs are taking part of the growth. ## How much revenue does ICICI Lombard make, and is it growing? ICICI Lombard General Insurance Company Ltd reported ₹8,220 Cr of income in the Sep 2026 quarter, +19.7% on the same quarter a year earlier. That is the 12th quarter in a row with growth on the year before. Over 10 years it has grown 16.2% a year on average. The last full year, FY26, came in at ₹26,994 Cr. The last four reported quarters add to ₹29,038 Cr. FY26 revenue was ₹26,994 Cr, +12.7% on the year before. Recent pace: the last four quarters grew +13.9% on average, against 16.2% a year over the longer run, so this year is growing slower than its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew +14.0%, against +14.0% a year over the last 8 quarters (stabilising); profit over the last 12 months grew −8.8%, against +7.2% a year (rolling over). ## How much does ICICI Lombard keep from what it earns? ICICI Lombard General Insurance Company Ltd's net margin was 11.5% in the Sep 2026 quarter, 0.4 percentage points lower than the same quarter a year ago. Across 13 years it has been between 7.9% and 13.8%. The latest quarter is within that range. Why: the net margin move is clear, but the cost details behind it are not in our data, so we show the move without guessing the reason. ## How many of ICICI Lombard's loans have gone bad? ICICI Lombard General Insurance Company Ltd does not report loan-quality figures this page can read, so this section says so rather than guess. No bad-loan figures are filed in a form this page can read, and none are guessed from the profit line. The income, margin and return sections carry what this business does report. Why: loan quality drives a lender, but its details (new bad loans, recoveries, money set aside) are not in our data for this company. The sections around this one carry what we can back up. ## How fast is ICICI Lombard's loan book growing? ICICI Lombard General Insurance Company Ltd's revenue was ₹26,994 Cr in FY26, +12.7% on the year before, so the loan book is growing. The latest quarter was +19.7% on a year earlier. The net margin on that income is 11.5%, −0.4 percentage points on a year ago. Interest income stands in for the size of the loan book; changes in interest rates can move it a few points in any year. In short: a lender grows well when its loan book grows, its margin stays steady and its loans stay clean. Gross NPA is the loan-quality figure this page uses. ## What is ICICI Lombard's P/BV ratio, and how does it compare with its own history? ICICI Lombard General Insurance Company Ltd's P/BV is 4.2×, about the lowest it has ever been. Its usual P/BV (the middle reading) is 7.3×, over 9 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth. Why the multiple is where it is: over the past year book value grew while the price moved −20.0%. Price and book value moved together, so the multiple stayed in its range. Where the price move came from: over 5 years the price moved +0.9% a year; about +15.8% a year came from book-value growth and about −14.9 percentage points from the multiple (the market paying less). The split is approximate (price return minus book-value growth). It shows how much of the move came from the market paying a different multiple. In short: the multiple is low against its own past, so the book value trend underneath matters more than the multiple. ## Is the ICICI Lombard business getting better or worse? ICICI Lombard General Insurance Company Ltd's business is getting worse. Profit and EPS growth are shrinking: profit growth is −8.8% in the latest quarter, against +37.2% at its best in 12 quarters, with ROE falling at 12.2%. This is based on 12 quarters of 4 measures. Why it matters: falling lines mean any ratio below that looks low should be read with that direction in mind. ## How much does ICICI Lombard earn on its equity and assets? We do not have a clean yearly return-on-equity history for ICICI Lombard General Insurance Company Ltd. For an insurer in particular, the usual bank ratios do not fit, so this page does not force them or estimate a series. The revenue, margin and ownership sections show what this company does report. ## Does ICICI Lombard have too much debt? For a bank, borrowing is the raw material of the business, not a warning sign: it borrows money in order to lend it out. Its safety is read through its returns and its loans. Its safety is read from the bad-loan figures and the return on equity instead. For a manufacturer, debt is a claim on its profits. For a lender it is the stock it trades in, so the usual debt-to-equity test would mislead and is not used here. ## What is the ICICI Lombard shareholding pattern? Domestic institutions raised their stake in ICICI Lombard General Insurance Company Ltd by 7.2 percentage points over 8 quarters, the biggest change among its owners. Domestic institutions now own 23.8% of the company. Foreign institutions moved −6.4 points over the same period, to 18.3%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings. Over the last two years: Domestic institutions: +7.2 points over 8 quarters, to 23.8%; Foreign institutions: −6.4 points over 8 quarters, to 18.3%; Promoters: −0.4 points over 8 quarters, to 51.3%. Why the owners changed: foreign institutions moved −6.4 points and domestic institutions +7.2 points over 8 quarters, while promoters stayed about the same. One group of institutions took over shares from the other; it is not a change of mind by the people running the company. ## How far is ICICI Lombard from balance-sheet trouble? For ICICI Lombard General Insurance Company Ltd, the Z-score is not used, because it was built for manufacturers, not lenders. For a lender, safety is read from its capital and bad-loan figures instead. ## How does ICICI Lombard rank in its industry? 45.6 out of 100, rank 3 of 4 in Finance - Non Life Insurance, with 71% of the evidence available. ICICI Lombard General Insurance Company Ltd scores 45.6 out of 100 against the 4 companies it is compared with in Finance - Non Life Insurance, ranking 3. The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. The four parts add up to the total exactly: 8.7 + 20 + 9.4 + 7.5 = 45.6. This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if ROA turns down or gross NPA rises while the share price lags its sector. ## Which companies is ICICI Lombard compared with? ICICI Lombard ranks 3 of 4 Finance - Non Life Insurance companies on the 4-Factor Sector Score, with 45.6 out of 100. 1. [Star Health & Allied Insurance Company Ltd](https://www.sectoralpha.in/stocks/star-health-allied-insurance-company-ltd) STARHEALTH · quiet · Evidence leans up · 88% evidence 58.6 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 26.5/35 · Income 13.5% · Profit 43.6% · 86% evidence Capital efficiency 14.9/25 · ROA 3.7% · ROE 7.6% · GNPA n/a · 72% evidence Valuation 3.2/20 · P/BV 2.99× · P/BV÷ROE 0.39 · 100% evidence Relative strength 14.0/20 · Lead over its industry 7.7% · Lead over NIFTY 500 8.3% · 1 year 7.3% · 100% evidence · 4 of 12 weeks ahead Exact sum: 26.5 + 14.9 + 3.2 + 14 = 58.6 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 2. [General Insurance Corporation of India](https://www.sectoralpha.in/stocks/general-insurance-corporation-of-india) GICRE · quiet · Evidence leans down · 86% evidence 45.6 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 6.7/35 · Income 6.3% · Profit -6.4% · 86% evidence Capital efficiency 19.5/25 · ROA 2.4% · ROE 14.6% · GNPA n/a · 72% evidence Valuation 17.9/20 · P/BV 0.74× · P/BV÷ROE 0.05 · 90% evidence Relative strength 1.5/20 · Lead over its industry -12.3% · Lead over NIFTY 500 -11.3% · 1 year -16.9% · 100% evidence · 0 of 12 weeks ahead Exact sum: 6.7 + 19.5 + 17.9 + 1.5 = 45.6 · What this means: The valuation scores well, but earnings are not improving yet, so the business does not back up the low multiple so far. 3. ICICI Lombard General Insurance Company Ltd this page ICICIGI · turning · Evidence leans down · 71% evidence 45.6 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 8.7/35 · Income 14% · Profit -8.8% · 86% evidence Capital efficiency 20.0/25 · ROA 1.7% · ROE 16.6% · GNPA n/a · 72% evidence Valuation 9.4/20 · P/BV 4.19× · P/BV÷ROE 0.25 · 90% evidence Relative strength 7.5/20 · Lead over its industry n/a · Lead over NIFTY 500 -6.7% · 1 year -20.7% · 25% evidence · 2 of 12 weeks ahead Exact sum: 8.7 + 20 + 9.4 + 7.5 = 45.6 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 4. [New India Assurance Company Ltd](https://www.sectoralpha.in/stocks/new-india-assurance-company-ltd) NIACL · basing · Evidence leans down · 75% evidence 36.0 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 10.9/35 · Income 5.7% · Profit -80% · 52% evidence Capital efficiency 5.0/25 · ROA -0.6% · ROE 4.9% · GNPA n/a · 68% evidence Valuation 8.0/20 · P/BV 0.93× · P/BV÷ROE 0.19 · 100% evidence Relative strength 12.1/20 · Lead over its industry 0.6% · Lead over NIFTY 500 1.3% · 1 year -15% · 100% evidence · 5 of 12 weeks ahead Exact sum: 10.9 + 5 + 8 + 12.1 = 36 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. Financial companies use P/BV÷ROE and asset quality; PEG, industrial OPM and ROCE are excluded. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led NIFTY 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [Finance - Non Life Insurance](https://www.sectoralpha.in/sectors/finance-non-life-insurance), all 4 compared on one page. ## Which companies are close to ICICI Lombard in size? ICICI Lombard is the largest of 4 Finance - Non Life Insurance companies on Sector Alpha by market value (scores of 30 October 2026). It is the largest. Just below it: General Insurance Corporation of India, Star Health & Allied Insurance Company and New India Assurance Company. ### Finance - Non Life Insurance companies close in size

1. ICICI Lombard General Insurance Company Ltd ₹78,998 crore
2. [General Insurance Corporation of India](https://www.sectoralpha.in/stocks/general-insurance-corporation-of-india) ₹54,536 crore
3. [Star Health & Allied Insurance Company Ltd](https://www.sectoralpha.in/stocks/star-health-allied-insurance-company-ltd) ₹31,221 crore
4. [New India Assurance Company Ltd](https://www.sectoralpha.in/stocks/new-india-assurance-company-ltd) ₹26,193 crore

[All 4 Finance - Non Life Insurance companies, largest first](https://www.sectoralpha.in/sectors/finance-non-life-insurance#all-companies)

### Companies close in size in other industries

1. [Bharti Hexacom Ltd](https://www.sectoralpha.in/stocks/bharti-hexacom-ltd) ₹81,810 crore · Telecom Services
2. [Multi Commodity Exchange of India Ltd](https://www.sectoralpha.in/stocks/multi-commodity-exchange-of-india-ltd) ₹81,312 crore · Exchanges
3. ICICI Lombard General Insurance Company Ltd ₹78,998 crore
4. [NHPC Ltd](https://www.sectoralpha.in/stocks/nhpc-ltd) ₹78,090 crore · Power - Generation/Distribution
5. [Info Edge (India) Ltd](https://www.sectoralpha.in/stocks/info-edge-indialtd) ₹77,136 crore · E-Commerce - Platform - Utility

## What else do people ask about ICICI Lombard? ### What is ICICI Lombard's share price today? ICICI Lombard General Insurance Company Ltd's share price is ₹1,595.40, −20.0% over the past year. The whole company is worth ₹79,718 Cr on the market. In the last 52 weeks it traded between ₹1,458 to ₹2,020; today it is 24% of the way up from the low, 6.8% below its 200-day average (as of 3 November 2026). ### What were ICICI Lombard's latest quarterly results? ICICI Lombard General Insurance Company Ltd reported total income of ₹8,220 Cr and net profit of ₹946 Cr for the Sep 2026 quarter. Income rose 19.7% and profit rose 15.4% compared with a year earlier. Earnings per share were ₹18.94 (as of 3 November 2026). ### What is ICICI Lombard's market cap? ICICI Lombard General Insurance Company Ltd's market capitalisation is ₹79,718 Cr at a share price of ₹1,595.40. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### What is ICICI Lombard's P/BV ratio? ICICI Lombard General Insurance Company Ltd's P/BV is 4.2×, higher than 1% of its own last 9 years. Its usual level (the middle reading) is 7.3×. This compares the price with the company's own past; it is not a view on what the shares are worth (as of 3 November 2026). ### How is ICICI Lombard valued against its own history? Against its own history, ICICI Lombard General Insurance Company Ltd's valuation is low: its P/BV of 4.2× has been lower only 1% of the time in 9 years (usual level 7.3×). This compares the price with the company's own past; it is not a view on what the shares are worth or where the price goes next (as of 3 November 2026). ### How is ICICI Lombard performing? ICICI Lombard General Insurance Company Ltd's share price has been falling for 35 weeks. In its latest quarter, income rose 19.7% and profit rose 15.4% compared with a year earlier. Over the past 13 weeks it has done better than the NIFTY 500, for 4 weeks running (as of 3 November 2026). ### Will ICICI Lombard's share price go up? This page does not forecast ICICI Lombard General Insurance Company Ltd's share price. What it shows instead: the share price is ₹1,595.40, and it has been falling for 35 weeks. Its P/BV of 4.2× is higher than 1% of its own last 9 years (as of 3 November 2026). ### Where is ICICI Lombard in its business cycle? ICICI Lombard General Insurance Company Ltd's FY26 net margin was 10.3%, against a 13-year range of 7.9% to 13.8%: the middle of its own range, neither a peak nor a low. The latest quarter was 11.5%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the ICICI Lombard story? The main question: yearly earnings per share moved +9.9% while the share price moved −20.0%. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is ICICI Lombard a stock worth studying right now? What the numbers show: ICICI Lombard General Insurance Company Ltd's earnings have grown faster than its share price. Earnings per share grew +9.9% in a year while the price moved −20.0%. The main open question: whether the price catches up with earnings that have already grown. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). ### Is there a ICICI Lombard share price forecast for 2026? What management itself guided: Motor aggregate loss ratio 65%-67%. ## Lists

- Small & mid cap stocks: https://www.sectoralpha.in/small-cap-stocks-india

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