EarningsQ1 2027 Earnings Report
MX:IBNN Q1 2027 EPS Results
Actual EPS$7.71
Consensus EPS$7.15
Beat/MissBeat by +$0.56
One Year Ago EPS$7.31
MX:IBNN Q1 2027 Revenue Results
Actual Revenue$151.17B
Expected Revenue$59.60B
Beat/MissBeat by +$91.56B
YoY Revenue Growth-3.42%
Earnings Announcement Details
QuarterQ1 2027
Date07/18/2026
TimeBefore Open
Conference CallSaturday, July 18, 2026
MX:IBNN Upcoming Earnings
Icici Bank's next earnings date is estimated for October 17, 2026, based on past reporting schedules.
Q1 2027 Earnings Call Audio
MX:IBNN Q1 2027 Earnings Call
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Q1 2027 Earnings Slide Deck
Q1 2027 Earnings Call Summary
Earnings Call Sentiment|Positive
The call presented a broadly positive performance: strong top-line and core profit growth, robust loan and deposit expansion, stable margins, healthy capital ratios and notable progress in subsidiaries (especially life and asset management). At the same time, credit-related items—gross NPA additions, a small sequential uptick in net NPAs, write-offs, and seasonally elevated KCC NPAs—plus stress in the general insurance business and some funding/margin uncertainty around FCNR mobilization and upcoming ECL changes are areas to monitor. Overall, the positives (profitability, loan growth, capital/ liquidity and fee momentum) materially outweigh the headwinds.Company Guidance
Profit Growth and Core Operating Performance
Profit before tax excluding treasury rose 20.9% YoY to INR 189.75 billion; core operating profit increased 15.6% YoY to INR 202.35 billion and core operating profit excluding dividend from subsidiaries rose 18.3% YoY to INR 191.25 billion. Profit after tax grew 15.9% YoY to INR 148.05 billion; consolidated PAT increased 13.9% YoY to INR 154.4 billion.
Robust Loan and Deposit Expansion
Total deposits grew 14% YoY (average deposits +14% YoY, +6.1% sequentially). Overall loan portfolio (including international) rose 19.6% YoY and 5% sequentially; domestic loan portfolio grew 18.8% YoY and 4.6% sequentially.
Strong Segmental Loan Momentum
Retail loans +12% YoY (+2.7% QoQ); rural portfolio including gold loans +35.4% YoY (+6.2% QoQ); business banking +28.2% YoY (+6.9% QoQ); domestic corporate +18.5% YoY (+6.9% QoQ). Retail portfolio (including non-fund) constituted ~41.1% of total portfolio.
Healthy Capital and Liquidity Metrics
CET1 ratio at 16.19% and total capital adequacy at 16.84% (June 30, 2026). Average Liquidity Coverage Ratio for the quarter around 124%.
Asset Quality Backstops and Provision Buffers
Net NPA ratio improved YoY to 0.35% (from 0.41% a year earlier). Provision coverage on NPAs at 74.7% and the bank holds contingency provisions of INR 131 billion (~0.8% of advances). Total provisions during the quarter were INR 12.6 billion (0.32% of average advances), lower than INR 18.15 billion a year ago.
Net Interest Income and Margin Stability
Net interest income increased 12.7% YoY and 6.1% QoQ to INR 243.84 billion. Reported NIM was 4.36% (4.28% excluding interest on income tax refund), stable YoY and sequentially.
Non-Interest Income and Fee Momentum
Non-interest income excluding treasury rose 16% YoY to INR 84.25 billion. Fee income increased 23.5% YoY to INR 72.86 billion, with ~72% of fees coming from retail, rural and business banking customers.
Operating Efficiency and Branch/Technology Investments
Operating expenses rose 10.4% YoY (an improvement vs 11.5% last fiscal). Branch network expanded by 97 in the quarter to 7,608 branches; technology expenses were ~11.4% of operating expenses.
Subsidiary Business Wins
ICICI Life annualized premium equivalent increased to INR 21.36 billion (from INR 18.64 billion) and value of new business rose to INR 5.71 billion (VNB margin 26.7%). ICICI AMC PAT increased to INR 9.65 billion (from INR 7.84 billion); ICICI Securities PAT increased to INR 4.19 billion (from INR 3.91 billion).
MX:IBNN Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed