Cash flow ICICI Bank Limited

Equities

ICICIBANK

INE090A01021

Banks

Delayed NSE India S.E. Other stock markets 05:13:58 12/09/2024 pm IST			5-day change	1st Jan Change
1,252.15 ^INR	+1.28%		+1.31%	+25.64%

12/09	Asian Equities Traded in the US as American Depositary Receipts Trend Higher in Thursday Trading	MT
12/09	HDFC Reportedly in Talks with Global Banks to Offload $1 Billion in Loans	CI

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Published financial data: ICICI BANK LIMITED

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: March	2020	2021	2022	2023	2024
Interest Income On Loans	85TCr	89TCr	95TCr	1,21100Cr	1,59500Cr
Interest Income, Total	85TCr	89TCr	95TCr	1,21100Cr	1,59500Cr
Interest On Deposits	45TCr	43TCr	41TCr	51TCr	74TCr
Interest Expense, Total	45TCr	43TCr	41TCr	51TCr	74TCr
Net Interest Income	40TCr	47TCr	54TCr	71TCr	85TCr
Gain (Loss) on Sale of Assets	14.5L	-6.34Cr	5.66Cr	54Cr	14Cr
Gain (Loss) on Sale of Invest. & Securities - (Rev)	3.24TCr	7.98TCr	2.51TCr	1.14TCr	3.79TCr
Income (Loss) on Equity Invest. (Income Block)	175.22Cr	144.29Cr	-	-	-
Total Other Non Interest Income	62TCr	64TCr	60TCr	64TCr	73TCr
Non Interest Income, Total	65TCr	72TCr	62TCr	65TCr	77TCr
Revenues Before Provison For Loan Losses	1,05100Cr	1,18700Cr	1,16400Cr	1,35600Cr	1,61900Cr
Provision For Loan Losses	15TCr	22TCr	17TCr	19TCr	19TCr
Total Revenues	90TCr	97TCr	99TCr	1,16900Cr	1,42800Cr
Salaries And Other Employee Benefits	11TCr	11TCr	12TCr	15TCr	18TCr
Stock-Based Compensation (IS)	11Cr	7.76Cr	266.93Cr	518.05Cr	702.91Cr
Occupancy Expense	4.74TCr	4.9TCr	5.44TCr	6.56TCr	7.26TCr
Selling General & Admin Expenses, Total	5.85TCr	5.94TCr	6.04TCr	7.78TCr	8.07TCr
(Income) Loss on Equity Invest.	-	-	-754.43Cr	-998.29Cr	-1.07TCr
Total Other Non Interest Expense	50TCr	54TCr	49TCr	53TCr	63TCr
Non Interest Expense, Total	72TCr	76TCr	72TCr	81TCr	97TCr
EBT, Excl. Unusual Items	19TCr	20TCr	27TCr	35TCr	46TCr
EBT, Incl. Unusual Items	19TCr	20TCr	27TCr	35TCr	46TCr
Income Tax Expense	7.36TCr	-	-	-	-
Earnings From Continuing Operations	11TCr	20TCr	27TCr	35TCr	46TCr
Net Income to Company	11TCr	20TCr	27TCr	35TCr	46TCr
Minority Interest	-1.66TCr	-1.98TCr	-1.43TCr	-1.42TCr	-1.82TCr
Net Income - (IS)	9.57TCr	18TCr	25TCr	34TCr	44TCr
Net Income to Common Incl Extra Items	9.57TCr	18TCr	25TCr	34TCr	44TCr
Net Income to Common Excl. Extra Items	9.57TCr	18TCr	25TCr	34TCr	44TCr
Per Share Items
Net EPS - Basic	14.81	27.26	36.21	48.86	63.19
Basic EPS - Continuing Operations	14.81	27.26	36.21	48.86	63.19
Basic Weighted Average Shares Outstanding	646Cr	674.34Cr	693.37Cr	696.63Cr	700.39Cr
Net EPS - Diluted	14.55	26.83	35.44	47.84	61.96
Diluted EPS - Continuing Operations	14.55	26.83	35.44	47.84	61.96
Diluted Weighted Average Shares Outstanding	656.68Cr	684.19Cr	707.59Cr	710.5Cr	713.22Cr
Normalized Basic EPS	15.42	15.94	21.86	29.77	38.52
Normalized Diluted EPS	15.17	15.71	21.42	29.19	37.82
Dividend Per Share	-	2	5	8	10
Payout Ratio	9.27	-	5.52	10.22	12.65
American Depositary Receipts Ratio (ADR)	2	2	2	2	2
Supplemental Items
Effective Tax Rate - (Ratio)	39.61	-	-	-	-
Total Current Taxes	5.18TCr	6.26TCr	7.4TCr	11TCr	14TCr
Total Deferred Taxes	2.19TCr	-596.81Cr	1.05TCr	337Cr	1.73TCr
Normalized Net Income	9.96TCr	11TCr	15TCr	21TCr	27TCr
Non-Cash Pension Expense	544.46Cr	-32Cr	-47Cr	250.49Cr	62Cr
Supplemental Operating Expense Items
Stock-Based Comp., Other (Total)	11Cr	7.76Cr	266.93Cr	518.05Cr	702.91Cr
Total Stock-Based Compensation	11Cr	7.76Cr	266.93Cr	518.05Cr	702.91Cr

Fiscal Period: March	2020	2021	2022	2023	2024
Assets
Cash And Equivalents	1,02500Cr	1,08400Cr	1,30100Cr	76TCr	82TCr
Investment Securities, Total	3,46400Cr	3,98000Cr	4,16200Cr	4,95500Cr	6,62300Cr
Trading Asset Securities, Total	-	-	-	18TCr	17TCr
Total investments	3,46400Cr	3,98000Cr	4,16200Cr	5,13300Cr	6,79300Cr
Gross Loans	7,06200Cr	7,91800Cr	9,20300Cr	10,83900Cr	12,60800Cr
Allowance For Loan Losses	-	-	-	-	-
Net Loans	7,06200Cr	7,91800Cr	9,20300Cr	10,83900Cr	12,60800Cr
Gross Property Plant And Equipment	20TCr	21TCr	21TCr	22TCr	27TCr
Accumulated Depreciation	-9.31TCr	-10TCr	-10TCr	-11TCr	-14TCr
Net Property Plant And Equipment	10TCr	11TCr	11TCr	11TCr	13TCr
Goodwill	109.7Cr	107.67Cr	101.33Cr	101.33Cr	2.47TCr
Accrued Interest Receivable	11TCr	11TCr	11TCr	15TCr	21TCr
Other Receivables	-	-	-	-	-
Restricted Cash	25TCr	39TCr	53TCr	60TCr	81TCr
Other Current Assets, Total	11TCr	7.83TCr	6.63TCr	7.53TCr	8.53TCr
Deferred Tax Assets Long-Term (Collected)	8.81TCr	9.34TCr	7.95TCr	7.62TCr	6.31TCr
Other Real Estate Owned And Foreclosed	-	-	-	-	-
Other Long-Term Assets, Total	1,55800Cr	1,97300Cr	1,96800Cr	1,83500Cr	2,09800Cr
Total Assets	13,77300Cr	15,73800Cr	17,52600Cr	19,58500Cr	23,64100Cr
Liabilities
Accounts Payable, Total	35TCr	37TCr	21TCr	24TCr	64TCr
Interest Bearing Deposits	6,95800Cr	8,20700Cr	9,27900Cr	10,45000Cr	12,44800Cr
Non-Interest Bearing Deposits	1,05000Cr	1,39300Cr	1,63400Cr	1,65800Cr	1,98800Cr
Total Deposits	8,00800Cr	9,59900Cr	10,91400Cr	12,10800Cr	14,43600Cr
Short-Term Borrowings	3.24TCr	4.22TCr	9.04TCr	9.8TCr	17TCr
Current Portion of Long-Term Debt	-	-	-	-	1,03900Cr
Current Portion of Leases	6.04Cr	14Cr	18Cr	20Cr	21Cr
Long-Term Debt	2,10600Cr	1,39700Cr	1,52600Cr	1,97600Cr	1,03900Cr
Long-Term Leases	27Cr	75Cr	72Cr	53Cr	32Cr
Current Income Taxes Payable	-	-	-	-	-
Accrued Interest Payable	3.07TCr	2.48TCr	2.75TCr	3.34TCr	3.9TCr
Other Current Liabilities - (Bank / Utility Template)	6.46TCr	13TCr	14TCr	14TCr	13TCr
Other Non Current Liabilities	1,88300Cr	2,50200Cr	2,74600Cr	2,77400Cr	3,44600Cr
Total Liabilities	12,47500Cr	14,06600Cr	15,64600Cr	17,37300Cr	20,94000Cr
Common Stock, Total	1.29TCr	1.38TCr	1.39TCr	1.4TCr	1.4TCr
Additional Paid In Capital	34TCr	49TCr	50TCr	51TCr	52TCr
Retained Earnings	70TCr	89TCr	1,10800Cr	1,41600Cr	1,80100Cr
Comprehensive Income and Other	19TCr	18TCr	20TCr	21TCr	23TCr
Total Common Equity	1,23000Cr	1,57600Cr	1,82100Cr	2,14500Cr	2,56100Cr
Minority Interest	6.79TCr	9.59TCr	5.98TCr	6.69TCr	14TCr
Total Equity	1,29800Cr	1,67200Cr	1,88000Cr	2,21200Cr	2,70000Cr
Total Liabilities And Equity	13,77300Cr	15,73800Cr	17,52600Cr	19,58500Cr	23,64100Cr
Supplemental Items
ECS Total Shares Outstanding on Filing Date	647.28Cr	691.6Cr	695.64Cr	699.7Cr	703.62Cr
ECS Total Common Shares Outstanding	647.28Cr	691.6Cr	694.88Cr	698.28Cr	702.23Cr
Book Value / Share	189.97	227.86	261.99	307.18	364.76
Tangible Book Value	1,22900Cr	1,57500Cr	1,82000Cr	2,14400Cr	2,53700Cr
Tangible Book Value Per Share	189.8	227.7	261.85	307.03	361.23
Average Assets	-	-	15,94400Cr	18,22800Cr	21,38500Cr
Average Loans	6,08700Cr	6,54300Cr	8,31900Cr	10,01700Cr	11,99300Cr
Total Debt	2,13900Cr	1,44000Cr	1,61700Cr	2,07500Cr	2,25100Cr
Deposits at Interest - Cash	78TCr	69TCr	89TCr	48TCr	69TCr
Debt Equivalent of Unfunded Proj. Benefit Obligation	504.9Cr	-48Cr	-102.55Cr	207.41Cr	47Cr
Net Debt	1,11400Cr	36TCr	32TCr	1,13200Cr	1,26400Cr
Equity Method Investments, Total	713.85Cr	688.9Cr	2TCr	2TCr	1.51TCr
Full Time Employees	1L	98.75T	1L	2L	2L
Assets on Operating Lease - Gross	1.71TCr	1.77TCr	1.79TCr	1.79TCr	1.79TCr
Assets on Operating Lease - Accumulated Depreciation	-1.43TCr	-1.44TCr	-1.46TCr	-1.48TCr	-1.5TCr

Fiscal Period: March	2020	2021	2022	2023	2024
Net Income	9.57TCr	18TCr	25TCr	34TCr	44TCr
Depreciation, Depletion & Amortization	1.37TCr	1.4TCr	1.41TCr	1.57TCr	1.91TCr
Total Depreciation, Depletion & Amortization	1.37TCr	1.4TCr	1.41TCr	1.57TCr	1.91TCr
(Gain) Loss On Sale of Asset - (CF)	-14.5L	6.34Cr	-5.66Cr	-54Cr	-14Cr
(Gain) Loss on Sale of Investments - (CF)	2.18TCr	-2.25TCr	1.83TCr	2.71TCr	1.62TCr
Total Asset Writedown	-	68Cr	70Cr	76Cr	81Cr
Provision for Credit Losses	12TCr	16TCr	6.78TCr	124.54Cr	2.13TCr
Stock-Based Compensation (CF)	11Cr	7.76Cr	266.93Cr	518.05Cr	702.91Cr
Change in Other Net Operating Assets (Collected)	-71TCr	-57TCr	-1,13900Cr	-1,68600Cr	-1,29400Cr
Other Operating Activities	5.76TCr	2.46TCr	5.13TCr	6.34TCr	2.96TCr
Cash from Operations	-40TCr	-21TCr	-73TCr	-1,23200Cr	-76TCr
Capital Expenditure	-1.87TCr	-1.69TCr	-1.86TCr	-2.47TCr	-3.68TCr
Sale of Property, Plant, and Equipment	26Cr	12Cr	117.44Cr	287.42Cr	70Cr
Investment in Marketable and Equity Securities, Total	-40TCr	-61TCr	-38TCr	-66TCr	-1,42300Cr
Cash from Investing	-42TCr	-63TCr	-39TCr	-68TCr	-1,45900Cr
Short Term Debt Issued, Total	19TCr	-	17TCr	12TCr	18TCr
Long-Term Debt Issued, Total	37TCr	29TCr	36TCr	42TCr	39TCr
Total Debt Issued	55TCr	29TCr	53TCr	54TCr	57TCr
Short Term Debt Repaid, Total	-	-47TCr	-	-	-
Long-Term Debt Repaid, Total	-52TCr	-53TCr	-35TCr	-27TCr	-39TCr
Total Debt Repaid	-52TCr	-1LCr	-35TCr	-27TCr	-39TCr
Issuance of Common Stock	549.32Cr	15TCr	797.98Cr	942.07Cr	1.17TCr
Common Dividends Paid	-	-	-1.39TCr	-3.48TCr	-5.6TCr
Common & Preferred Stock Dividends Paid	-886.38Cr	-	-	-	-
Common & Preferred Stock Dividends Paid	-886.38Cr	-	-1.39TCr	-3.48TCr	-5.6TCr
Net Increase (Decrease) in Deposit Accounts - (CF)	1,19500Cr	1,59200Cr	1,31400Cr	1,19500Cr	2,33000Cr
Cash from Financing	1,22500Cr	1,04500Cr	1,48900Cr	1,44300Cr	2,46800Cr
Foreign Exchange Rate Adjustments	213.52Cr	-644.01Cr	-126.84Cr	316.31Cr	423.44Cr
Miscellaneous Cash Flow Adjustments	-	-	-558.69Cr	-	771.07Cr
Net Change in Cash	40TCr	20TCr	36TCr	-47TCr	26TCr
Supplemental Items
Cash Interest Paid	-	-	41TCr	50TCr	74TCr
Cash Income Tax Paid (Refund)	2.39TCr	3.83TCr	4.98TCr	11TCr	13TCr
Net Debt Issued / Repaid	3.33TCr	-70TCr	18TCr	27TCr	18TCr

Fiscal Period: March	2020	2021	2022	2023	2024
Profitability
Return on Assets	0.86	1.38	1.6	1.91	2.13
Return On Equity %	8.96	13.72	14.94	17.33	18.76
Return on Common Equity	8.07	13.11	14.79	17.17	18.81
Shareholders Value Added	-4.67TCr	1.55TCr	4.73TCr	10TCr	16TCr
Margin Analysis
SG&A Margin	24.91	23.67	25.12	26.12	24.85
Net Interest Income / Total Revenues %	44.58	48.12	54.82	60.33	59.81
EBT Excl. Non-Recurring Items Margin %	20.63	21.07	26.82	30.33	32.27
Income From Continuing Operations Margin %	12.46	21.07	26.82	30.33	32.27
Net Income Margin %	10.62	19.02	25.38	29.12	30.99
Net Avail. For Common Margin %	10.62	19.02	25.38	29.12	30.99
Normalized Net Income Margin	11.05	11.12	15.32	17.74	18.89
Asset quality
Nonperforming Loans / Total Loans %	5.78	5.16	3.75	2.88	2.22
Nonperforming Loans / Total Assets %	2.96	2.6	1.97	1.6	1.18
Nonperforming Assets / Total Assets %	2.96	2.6	1.97	1.6	1.18
NPAs / Loans and OREO	5.78	5.16	3.75	2.88	2.22
NPAs / Equity	31.47	24.43	18.38	14.13	10.35
Allowance for Credit Losses / Nonperforming Loans %	-	-	-	-	-
Allowance for Credit Losses / Total Loans %	-	-	-	-	-
Net Charge-offs / Total Average Loans %	1.96	1.29	1.14	0.27	0.38
Provision for Loan Losses / Net Charge-offs %	125.8	260.36	183.05	684.62	420.35
Earning Assets / IBL	109.52	111.87	122.34	123.41	124.35
Interest Income / Average Assets	-	-	5.98	6.64	7.46
Interest Expense / Average Assets	-	-	2.58	2.77	3.47
Net Interest Income / Average Assets	-	-	3.4	3.87	3.99
Non Interest Income / Average Assets	-	-	3.9	3.57	3.58
Non Interest Expense / Average Asset	-	-	4.54	4.47	4.52
Capital And Funding
Total Average Common Equity / Total Average Assets %	9.07	9.51	10.21	10.69	10.89
Total Average Equity / Total Average Assets %	9.58	10.06	10.68	11.03	11.36
Total Equity + Allowance for Loan Losses / Total Loans %	17.41	19.9	19.78	19.79	20.32
Gross Loans / Total Deposits %	88.19	82.48	84.33	89.51	87.34
Net Loans / Total Deposits %	88.19	82.48	84.33	89.51	87.34
Tier 1 Capital Ratio %	14.41	17.81	18.02	17.33	15.43
Total Capital Ratio %	15.81	18.87	18.87	18.09	16.14
Core Tier 1 Capital Ratio	13.21	16.66	17.34	16.88	15.43
Tier 2 Capital Ratio	1.4	1.06	0.84	0.77	0.71
Interbank Ratio	69.27	63.87	107.14	73.45	15.66
Fixed Charges Coverage
EBT + Interest Expense / Interest Expense	1.42	1.48	1.64	1.7	1.62
Growth Over Prior Year
Net Interest Income, 1 Yr. Growth %	22.45	15.77	16.64	30.02	21.11
Non Interest Income, 1 Yr. Growth %	9.48	11.12	-13.74	4.8	17.52
Provision For Loan Losses, 1 Yr. Growth %	-26.62	-1.5	-20.9	7.45	2.17
Total Revenues, 1 Yr. Growth %	25.73	16.79	2.53	18.16	22.14
Earnings From Cont. Operations, 1 Yr. Growth %	97.31	81.41	30.32	33.62	29.95
Net Income, 1 Yr. Growth %