₹2984.0
+0.51% today
· 30d -1.5%
as of 2026-11-09
Price · Daily Candles
“ICICI AMC rides Asset Management boom with strong profits, but valuation appears stretched.”
ICICI Prudential Asset Management Co. Ltd. recorded a substantial 24.43% YoY net profit growth to ₹3298 Cr in FY26, alongside 15.76% revenue growth to ₹5765 Cr. Despite this strong performance and high profitability (profit margin 54.96%), its TTM PE of 50.25 and PB of 39.81 position it at a premium compared to some peers.
BULL CASE
+Annual net profit grew 24.43% YoY to ₹3298 Cr (FY26) and revenue increased by 15.76% YoY to ₹5765 Cr.
+The company maintains a high profit margin of 54.96% and a quarterly operating profit margin of 75.0%.
+ML sales growth predictions are strong for recent (0.683), rolling (0.746), and stable (0.75) periods.
+DIIs increased their stake by 0.66% QoQ to 7.19% as of March 31, 2026.
BEAR CASE
−The stock trades at a TTM PE of 50.25 and PB of 39.81, appearing stretched against some peers like TATACAP (PE 27.58, MCap ₹133669 Cr).
−ML predictions for Free Cash Flow (FCF) growth are weak across all timeframes (recent 0.191, rolling 0.0, stable 0.021).
−FIIs reduced their stake by 0.25% QoQ to 2.4% as of March 31, 2026.
−The stock is trading 6.71% below its 52-week high of ₹3597.5.
⟳ What Changed
₹ Latest Earnings · Q ending 2026-09-30
REVENUE
₹1674 Cr
NET PROFIT
₹889 Cr
OPM
72.86%
EPS
₹17.99
PE 50.25
Intrinsic value · DCF: N/A — ML model predicts severe Δ FCF compression (h1=-9.2%, h2=-1.5%, h3=+0.1% of mktcap), driving projected FCF negative by year 3 despite healthy current FCF. Treating as forecast outlier rather than reporting a misleading ₹0 valuation. Use the Strategy Fit and ML sections instead.
◇ Sector Position
ICICI AMC's TTM PE of 50.25 sits above its peer HDFCAMC (PE 41.09) but below JIOFIN (PE 101.81), indicating a moderate premium within the asset management segment.
PEERPEROCE %
ICICIAMC50.25—
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ML Forward Growth Predictions 🔒
60
SCORE / 100
Overall
6-axis composite of the sections below.
Performance
—
—
Valuation
STRETCHED
20
Growth
STRONG
75
Profitability
HIGH
100
Technicals
NEUTRAL
55
Risk
MODERATE
50
Key Stats
TTM PE
50.25
P/B
39.81
52W HIGH
₹3611.0
OFF HIGH
-17.36%
DIV YIELD
0.74%
MKT CAP
₹147689 Cr
◉ Active Signals
MACDNeutral35.7758
RSI(14)Neutral56.8
Street Consensus
18 analysts₹3635.28
mean target
Low ₹3250.0Now ₹2984.0High ₹4000.0
⧉ Strategy Fit 🔒