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ICICI Prudential Life Insurance Company Limited (BOM:540133) Net Margin % : 0.77% (As of Mar. 2024)


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What is ICICI Prudential Life Insurance Company Limited Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. ICICI Prudential Life Insurance Company Limited's Net Income for the three months ended in Mar. 2024 was ₹1,737 Mil. ICICI Prudential Life Insurance Company Limited's Revenue for the three months ended in Mar. 2024 was ₹225,323 Mil. Therefore, ICICI Prudential Life Insurance Company Limited's net margin for the quarter that ended in Mar. 2024 was 0.77%.

The historical rank and industry rank for ICICI Prudential Life Insurance Company Limited's Net Margin % or its related term are showing as below:

BOM:540133' s Net Margin % Range Over the Past 10 Years
Min: 0.95   Med: 3.51   Max: 8.15
Current: 0.95


BOM:540133's Net Margin % is ranked worse than
84.57% of 486 companies
in the Insurance industry
Industry Median: 7.66 vs BOM:540133: 0.95

ICICI Prudential Life Insurance Company Limited Net Margin % Historical Data

The historical data trend for ICICI Prudential Life Insurance Company Limited's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

ICICI Prudential Life Insurance Company Limited Net Margin % Chart

ICICI Prudential Life Insurance Company Limited Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.31 1.16 1.23 1.65 0.95

ICICI Prudential Life Insurance Company Limited Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.15 0.88 1.40 0.86 0.77

Competitive Comparison of ICICI Prudential Life Insurance Company Limited's Net Margin %

For the Insurance - Life subindustry, ICICI Prudential Life Insurance Company Limited's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


ICICI Prudential Life Insurance Company Limited's Net Margin % Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, ICICI Prudential Life Insurance Company Limited's Net Margin % distribution charts can be found below:

* The bar in red indicates where ICICI Prudential Life Insurance Company Limited's Net Margin % falls into.



ICICI Prudential Life Insurance Company Limited Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

ICICI Prudential Life Insurance Company Limited's Net Margin for the fiscal year that ended in Mar. 2024 is calculated as

Net Margin=Net Income (A: Mar. 2024 )/Revenue (A: Mar. 2024 )
=8506.6/896948
=0.95 %

ICICI Prudential Life Insurance Company Limited's Net Margin for the quarter that ended in Mar. 2024 is calculated as

Net Margin=Net Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=1736.6/225322.8
=0.77 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


ICICI Prudential Life Insurance Company Limited  (BOM:540133) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


ICICI Prudential Life Insurance Company Limited Net Margin % Related Terms

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ICICI Prudential Life Insurance Company Limited (BOM:540133) Business Description

Traded in Other Exchanges
Address
1089 Appasaheb Marathe Marg, ICICI Pru Life Towers, 1st and 2nd Floor, Cnergy IT Park, Prabhadevi, Mumbai, MH, IND, 400025
ICICI Prudential Life Insurance Company Limited offers products across savings, investments, and protection categories that match the different life stage requirements of customers and enable them to achieve their long-term financial goals. The company has developed and implemented various initiatives to provide cost-effective products, superior quality services, consistent fund performance, and a hassle-free claim settlement experience to customers. Its segments are Par Life, Par Pension, Non Par Life, Non Par Pension, Non Par Variable, Non Par Variable Pension, Annuity Non Par, Health, Linked Life, Linked Pension, Linked Health, Linked Group Life, Linked Group Pension, and Group Pension Share holders.

ICICI Prudential Life Insurance Company Limited (BOM:540133) Headlines

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