On 6 Nov 2026, ICICI Prudential Asset Management Company was priced at ₹2,935.80, or 41.1× trailing earnings, against an industry P/E of 25.9×, and the shares are 19% below their 52-week high. It earns ROCE of 98% and ROE of 76%, and sales and net profit grew 29% and 30% a year over 3 years. Its dividend yield is 1.4%. It is a large-cap company with a market cap of ₹1.5 lakh crore, ranked 2nd of 69 Asset Management companies by market cap; the shares rose 14% over the past year.
- ₹2,945.00
- ₹2,954.70
- ₹2,888.60
- ₹2,979.10
- 3.1 L
Health check
- ReturnsAhead
+13.5% over a year, better than 5 of 7 peers.
- Price tagPricier
P/E 41.1 vs industry 25.9.
- GrowthStrong
Sales +28.9%, profit +29.6% a year over 3 years.
- ProfitabilityStrong
ROCE 98.3% vs peer median 38.5%.
- Balance sheetFair
Piotroski 6 of 9.
- Red flags1 to check
P/E of 41.1 against an industry P/E of 25.9.
Large cap
Market sensitivity
Key metrics
- Market cap
- ₹1.5L Cr
- Large cap
- P/E
- 41.1
- Industry 25.9
- Price to book
- 27.16
- Peers 13.19
- Dividend yield
- 1.44%
- ROE
- 76.2%
- Peers 35.3%
- ROCE
- 98.3%
- Peers 38.5%
- Debt to equity
- n/a
- Debt ₹0.00 Cr
- EPS (TTM)
- ₹71.50
- Face value ₹1
- OPM (TTM)
- 74.1%
- Net margin 54.7%
- Sales growth
- +16.3%
- Latest quarter vs a year ago
- Profit growth
- +6.1%
- Latest quarter vs a year ago
- Price to sales
- 22.50
- EV/EBITDA 29.2
Strengths and risks
Strengths
- Return on equity of 76.2%.
- Return on capital employed of 98.3%.
- Quarterly sales up 16.3% on a year ago.
- Net margin of 54.7%.
- Positive operating cash flow in each of the last 4 years.
Risks to check
- P/E of 41.1 against an industry P/E of 25.9.
About ICICI Prudential Asset Management Company
ICICI Prudential Asset Management Company Limited, an asset management company, provides a range of investment solutions. The company manages mutual and alternative funds; and offers portfolio management and advisory services to offshore clients. It provides savings and investment products across various financial asset classes structured to a range of its clients' objectives and risk appetites. The company serves individual investors and institutional…
- Headquarters
- Mumbai
- Employees
- 3,585
- Sector
- Financial Services
- ISIN
- INE346A01027
- Website
- icicipruamc.com
Price range
- Avg volume (3M)
- 4.7 L
- 1-year return
- plus 13.5%
- From 52-week high
- minus 18.7%
Analyst consensus
Peers · Asset Management
| Company | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| JIOFINJio Financial Services | 231.20 | plus 0.69% | 1,58,445 | 87.9 | 1.19 | 1.7% | 1.3% | 75.8% | 431.5% | 268.2% | 0.26% | minus 23.9% |
| ICICIAMCICICI Prudential Asset Management Company | 2,935.80 | minus 1.45% | 1,45,104 | 41.1 | 27.16 | 98.3% | 76.2% | 74.1% | 28.9% | 29.6% | 1.44% | plus 13.5% |
| BAJAJHLDNGBajaj Holdings & Investment | 11,044.00 | plus 1.80% | 1,22,913 | 13.2 | 1.67 | – | 11.6% | 78.8% | 19.0% | 25.7% | 1.18% | minus 10.3% |
| HDFCAMCHDFC Asset Management Company | 2,649.80 | plus 0.37% | 1,13,701 | 38.3 | 13.19 | 38.5% | 36.4% | 81.4% | 23.9% | 26.2% | 2.04% | minus 2.3% |
| SBIFUNDSSBI Funds Management | 499.55 | minus 1.30% | 1,01,750 | 33.3 | 13.47 | – | 40.4% | 78.5% | – | – | 0.00% | minus 18.1% |
| NAM-INDIANippon Life India Asset Management | 1,065.20 | minus 0.37% | 68,177 | 42.8 | 14.29 | 40.0% | 35.3% | 67.3% | 26.1% | 28.3% | 2.07% | plus 21.3% |
| 360ONE360 ONE WAM | 1,145.00 | plus 0.36% | 49,107 | 38.7 | 4.50 | 13.5% | 12.7% | 47.3% | 24.0% | 22.7% | 1.18% | plus 5.7% |
| ANANDRATHIAnand Rathi Wealth | 2,373.50 | plus 0.15% | 39,410 | 87.5 | 30.58 | 50.0% | 43.0% | 35.5% | 27.9% | 33.0% | 0.32% | plus 51.9% |
| Median of 7 peers | – | 0.36% | 1,01,750 | 38.7 | 13.19 | 38.5% | 35.3% | 75.8% | 25.0% | 27.2% | 1.18% | −2.3% |
Quarterly results
| ₹ Cr | Sep 25 | Dec 25 | Mar 26 | Jun 26 | Sep 26 |
|---|---|---|---|---|---|
| 1,439 | 1,515 | 1,517 | 1,564 | 1,674 | |
| 388 | 374 | 357 | 432 | 459 | |
| 1,051 | 1,140 | 1,160 | 1,133 | 1,215 | |
| 73.0% | 75.3% | 76.5% | 72.4% | 72.6% | |
| 71.9 | 109 | −89.3 | 181 | 16.9 | |
| 3.6 | 4.5 | 4.6 | 4.7 | 4.8 | |
| 26.6 | 26 | 27.6 | 28.1 | 29.4 | |
| 1,093 | 1,219 | 1,039 | 1,281 | 1,198 | |
| 23.3% | 24.8% | 26.5% | 24.7% | 25.8% | |
| 838 | 917 | 763 | 965 | 889 | |
| 16.95 | 18.55 | 15.45 | 19.51 | 17.98 |
Profit & loss
- Sales CAGR 3Y
- +28.9%
- Profit CAGR 3Y
- +29.6%
- EPS CAGR 3Y
- +29.6%
- ROE
- 76.2%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 2,689 | 3,376 | 4,683 | 5,765 | |
| – | +25.5% | +38.7% | +23.1% | |
| 766 | 981 | 1,343 | 1,471 | |
| 1,924 | 2,395 | 3,340 | 4,294 | |
| 71.5% | 70.9% | 71.3% | 74.5% | |
| 45.9 | 62 | 71.3 | 56.2 | |
| 14.9 | 16.2 | 18.6 | 17.8 | |
| 50.5 | 65.7 | 85.4 | 106 | |
| 103 | 323 | 226 | 180 | |
| 2,007 | 2,698 | 3,533 | 4,407 | |
| 24.5% | 24.0% | 25.0% | 25.2% | |
| 1,516 | 2,050 | 2,651 | 3,298 | |
| – | +35.2% | +29.3% | +24.4% | |
| 30.67 | 41.47 | 53.60 | 66.70 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 17.7 | 17.7 | 17.7 | 49.4 | |
| 2,295 | 2,865 | 3,499 | 4,122 | |
| 492 | 671 | 867 | 879 | |
| 2,805 | 3,554 | 4,384 | 5,050 | |
| 137 | 175 | 553 | 596 | |
| 4.9 | 3.2 | 284 | 6.4 | |
| 1,563 | 1,907 | 1,799 | 2,315 | |
| 809 | 1,060 | 1,567 | 1,745 | |
| 291 | 409 | 181 | 388 | |
| 2,805 | 3,554 | 4,384 | 5,050 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 1,400 | 1,765 | 2,574 | 3,282 | |
| −129 | −246 | −513 | −469 | |
| −1,264 | −1,527 | −2,068 | −2,694 | |
| 6.3 | −8.3 | −7.7 | 119 | |
| −41 | −54.6 | −412 | −115 | |
| 1,359 | 1,710 | 2,162 | 3,166 | |
| −1,220 | −1,477 | −2,012 | −2,640 |
Shareholding pattern
NSE hasn’t returned a shareholding pattern for this company. Institutions hold about 60.8% (Yahoo estimate).
Major shareholders
Filings & events
News
No recent news coverage found.