X

Sign up for Equitymaster's free daily newsletter, The 5 Minute WrapUp and get access to our latest Multibagger guide (2019 Edition) on picking money-making stocks.

This is an entirely free service. No payments are to be made.


Download Now Subscribe to our free daily e-letter, The 5 Minute WrapUp and get this complimentary report.
We hate spam as much as you do. Check out our Privacy Policy and Terms Of Use.
ICICI BANK Announces Quarterly Results (4QFY19); Net Profit Down 5.0%

Helping You Build Wealth With Honest Research
Since 1996. Try Now

  • MyStocks

MEMBER'S LOGINX

     
Login Failure
   
     
   
     
 
 
 
(Please do not use this option on a public machine)
 
     
 
 
 
  Sign Up | Forgot Password?  

ICICI BANK Announces Quarterly Results (4QFY19); Net Profit Down 5.0%
Wed, 8 May

ICICI BANK has announced its results for the quarter ended March 2019. Here is a detailed performance review of the same:

ICICI BANK Quarterly Financials

No. of Mths
Qtr. Ending
3
Mar-18*
3
Dec-18*
3
Mar-19*
QoQ ChangeYoY Change
Operating incomeRs m142,644162,804172,9286.2%21.2%
Other incomeRs m56,78638,82936,210-6.7%-36.2%
Total revenuesRs m199,430201,633209,1383.7%4.9%
InterestRs m82,42794,05296,7272.8%17.3%
Gross Profit Rs m60,21768,75376,20110.8%26.5%
Other expensesRs m41,86346,11750,0778.6%19.6%
Profit before taxRs m8,88219,0237,820-58.9%-12.0%
TaxRs m-1,3182,974-1,871-162.9%
Profit after taxRs m10,20016,0499,691-39.6%-5.0%
Gross profit margin %42.242.244.1
Effective tax rate%-14.815.6-23.9
Net profit margin%7.29.95.6
* Results Consolidated
Interim results exclude extraordinary / exceptional items
Source: Company Reports, Regulatory Filings, Equitymaster


Year-on-Year Performance:
  • The bank's operating income (interest earned) during the quarter grew 21.2% on a year-on-year (YoY) basis. The interest expended was up by 17.3% YoY during the same period.
  • The bank's operating profit increased by 26.5% YoY during the quarter. Consequently, operating profit margins witnessed a growth and stood at 44.1% in 4QFY19 as against 42.2% in 4QFY18.
  • Other income declined by 36.2% YoY during the quarter.
  • Net profit for the quarter declined by 5.0% YoY. Net profit margins during the quarter declined from 7.2% in 4QFY18 to 5.6% in 4QFY19.
Quarter-on-Quarter Performance:
  • The bank's operating income (interest earned) during the quarter grew 6.2% on a quarter-on-quarter (QoQ) basis. The interest expended was up by 2.8% QoQ during the same period.
  • The bank's operating profit increased by 10.8% QoQ during the quarter. Consequently, operating profit margins witnessed a growth and stood at 44.1% in 4QFY19 as against 42.2% in 3QFY18.
  • Net profit for the quarter declined by 39.6% QoQ, while net profit margins declined from 9.9% in 3QFY18 to 5.6% in 4QFY19.

To see how ICICI BANK has performed over the last eight quarters, please visit here.

ICICI BANK Share Price Performance

Over the last one year, ICICI BANK share price has moved up from Rs 309.3 to Rs 387.1, registering a Gain of Rs 77.8 or around 25.2%.

Meanwhile, the S&P BSE BANKEX is trading at Rs 32,561.1 (down 0.4%). Over the last one year it has moved up from 29,365.0 to 32,561.1, a gain of 3,196 points (up 10.9%).

Overall, the S&P BSE SENSEX is up 8.0% over the year.

Current Valuations

At the current price of Rs 387.1, the price to earnings (P/E) ratio of ICICI BANK stands at 73.7 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 2.2 times.

Equitymaster requests your view! Post a comment on "ICICI BANK Announces Quarterly Results (4QFY19); Net Profit Down 5.0%". Click here!

  

Related Views on News

ICICI BANK Announces Quarterly Results (3QFY19); Net Profit Down 2.7% (Quarterly Result Update)

Jan 31, 2019 | Updated on Jan 31, 2019

For the quarter ended December 2018, ICICI BANK has posted a net profit of Rs 16 bn (down 2.7% YoY). Sales on the other hand came in at Rs 163 bn (up 19.1% YoY). Read on for a complete analysis of ICICI BANK's quarterly results.

ICICI BANK Announces Quarterly Results (2QFY19); Net Profit Down 55.8% (Quarterly Result Update)

Nov 9, 2018 | Updated on Nov 9, 2018

For the quarter ended September 2018, ICICI BANK has posted a net profit of Rs 9 bn (down 55.8% YoY). Sales on the other hand came in at Rs 151 bn (up 11.3% YoY). Read on for a complete analysis of ICICI BANK's quarterly results.

ICICI Bank: Stake Sale in Insurance Subsidiary Aids Bottomline (Quarterly Results Update - Detailed)

Nov 7, 2017

The net profits of the company fell by 33% YoY during the quarter. The company is undergoing an RBI audit, and the divergences as reported by RBI will be the key thing to watch out for going ahead.

ICICI Bank: Loan Slippages Trending Downwards (Quarterly Results Update - Detailed)

Aug 10, 2017

Asset quality will be the key thing to watch out for going forward.

Bandhan Bank IPO: A Microlender Turned Profitable Bank (IPO)

Mar 12, 2018

Is the IPO of one of India's newest private sector bank, Bandhan Bank, worth applying for?

More Views on News

Most Popular

7 Stocks That Will Remain Evergreen in this Era of Technological Disruption(The 5 Minute Wrapup)

Jun 13, 2019

We are living in an era of disruption. Are your stocks well equipped to adapt to changes that disruption will bring along?

The Great Indian NBFC Bubble Has Burst but I Will Still Recommend These Safe NBFCs(The 5 Minute Wrapup)

Jun 11, 2019

One chart that predicted the NBFC crisis back in 2016.

Just One Stock Made Buffett Billions - And Can Make You Crores(Profit Hunter)

Jun 6, 2019

Coca Cola is arguably one of Warren Buffet's best stock picks. But did you know that small investors picked up the stock five decades before Buffet? Read on...

Kenneth Andrade Would Like Our Real Estate Stock Recommendation with Triple Digit Upside(The 5 Minute Wrapup)

Jun 12, 2019

This real estate stock recommended in Smart Money Secrets offers the most favourable upside potential.

Why Modi 2.0 Will Be Great for These 7 Stocks(Profit Hunter)

Jun 10, 2019

The government's focus on Infra, electricity, water for all will be the key factors for Sensex 1,00,000.

More

Get the Indian Stock Market's
Most Profitable Ideas

How To Beat Sensex Guide 2019
Get our special report, How to Beat Sensex Nearly 3X Now!
We will never sell or rent your email id.
Please read our Terms

ICICI BANK SHARE PRICE


Jun 17, 2019 (Close)

TRACK ICICI BANK

  • Track your investment in ICICI BANK with Equitymaster's Portfolio Tracker. Set live price alerts, get research alerts and more. Get access now...
  • Add To MyStocks

ICICI BANK - WELLS FARGO COMPARISON

COMPARE ICICI BANK WITH

MARKET STATS