ICICIGI
Icici Lombard General Insurance Company Limited
Each stock's 10,000-path forecast, rendered as light.
Icici Lombard General Insurance Company Limited (ICICIGI) Stock Analysis & Case Study
Is ICICIGI a good buy? The data-driven verdict.
Icici Lombard General Insurance Company Limited (ICICIGI) trades at ₹1,639,on the numbers it worth a closer look, a Downstox Snapshot Score of 62/100.
On the numbers, Icici Lombard General Insurance Company Limited (ICICIGI) worth a closer look, a Downstox Snapshot Score of 62/100, weighing premium at 33.7× earnings, ROE of 16.6%, a 63% model probability of trading higher in a year. Below: the full bull case, bear case, sector-relative valuation, and a probability-weighted price target for 2027-2031.
Last updated . Data snapshot for research, not investment advice.
ICICIGI fundamentals at a glance, PE, PB, ROE, ROCE, market cap, dividend yield
How ICICIGI ranks against the 2,373 companies in our screener
- ICICIGI's market cap of 81,870 Cr ranks in the 94th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- ICICIGI's book value of ₹341 ranks in the 83rd percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- ICICIGI's promoter holding of 51.2% ranks in the 33rd percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- ICICIGI's 3-year profit (PAT) growth of 14.0% ranks in the 48th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- ICICIGI's 3-year revenue growth of 15.0% ranks in the 63rd percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
We do not hold a debt-to-equity ratio figure for ICICIGI, as of 9 Aug 2026, so it is not ranked here.
Is ICICIGI overvalued? ICICIGI P/E vs peers
ICICIGI trades at 33.7× earnings. We don't have a verified sector peer group for this stock yet, so no sector peer median or peer comparison table is shown here. Showing one anyway would compare it against an arbitrary set of large-cap names, not real sector peers.
ICICIGI share price target 2027, 2028, 2029, 2030, 2031, a probability view
Unlike a single guessed number, this is a probability-weighted range from a 10,000-path Monte-Carlo simulation on 8.7y of ICICIGI history (10%/yr drift, 24%/yr volatility).
| Year | Low (P10) | Median target (P50) | High (P90) | Upside vs today |
|---|---|---|---|---|
| ICICIGI 2027 | ₹1,304 | ₹1,773 | ₹2,411 | +8% |
| ICICIGI 2028 | ₹1,233 | ₹1,918 | ₹2,985 | +17% |
| ICICIGI 2029 | ₹1,199 | ₹2,075 | ₹3,592 | +27% |
| ICICIGI 2030 | ₹1,193 | ₹2,245 | ₹4,225 | +37% |
| ICICIGI 2031 | ₹1,202 | ₹2,429 | ₹4,908 | +48% |
Median (P50) is the central estimate; the P10-P90 band is the 80% confidence range. Probabilities, not promises.
What is the probability ICICIGI goes up, or doubles?
The bull case for ICICIGI
- ICICIGI's return on equity of 16.6% ranks in the 77th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- ICICIGI's return on capital employed of 21.9% ranks in the 84th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- A 10,000-path probability model puts a 63% chance the price is higher in a year, with a median target of ₹1,773 (+8%).
- Relatively low volatility (24%/yr), a steadier ride than the typical mid/small-cap.
- Upside scenario: the model's optimistic (P90) 3-year path reaches ₹3,592.
The bear case & risks
- ICICIGI's P/E of 33.7x is lower than 41% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- Downside scenario: the model's pessimistic (P10) 3-year path falls to ₹1,199.
ICICIGI volatility & expected range, how bumpy is the ride?
Over the last 8.7 years ICICIGI compounded at 10%/year with annualized volatility of 24%. That volatility implies a 1-year 80% range of ₹1,304-₹2,411, the honest backbone behind any single price target.
ICICIGI price forecast, the full 60-month probability fan
ICICIGI price probability fan
Each band shows where 10,000 simulated paths land. The wider the fan, the more uncertainty.
Probability of key outcomes
What are the odds ICICIGI hits common targets within the simulated horizon?
Full multi-horizon detail on the ICICIGI price target & forecast page.
ICICIGI Piotroski F-Score: 6/8, how financially strong is it?
The Piotroski F-Score grades financial strength on profitability, leverage and efficiency checks. Downstox scores the eight checks it can verify from published filings, so 8 is full marks. ICICIGI scores 6/8, mixed financial health.
ICICIGI MTF margin & leverage across 11 brokers
Margin Trading Facility lets you buy ICICIGI with part of the capital. Lower margin % = higher leverage. Rates compared across 11 brokers (no competitor publishes this):
| Broker | Margin required | Approx. leverage |
|---|---|---|
| Upstox | 24.34% | 4.1× |
| Zerodha | 23.70% | 4.2× |
| Groww | 23.70% | 4.2× |
| Dhan | 22.00% | 4.5× |
| Kotak NeoCHEAPEST | 20.83% | 4.8× |
| Paytm Money | 24.50% | 4.1× |
| Pocketful | 27.77% | 3.6× |
| Fyers | 27.78% | 3.6× |
| Anand Rathi | 27.82% | 3.6× |
| Bajaj Broking | 23.00% | 4.3× |
| Share India | 27.81% | 3.6× |
Compare every broker on the ICICIGI MTF page.
About Icici Lombard General Insurance Company Limited: sector, index & market-cap context
Icici Lombard General Insurance Company Limited (ICICIGI) is a mid-cap NSE-listed company, and a constituent of the Nifty 500 index, with a market capitalisation of ₹81,870 Cr. See more stocks on our screener.
How the ICICIGI Snapshot Score & forecast are built
The Downstox Snapshot Score is a transparent, rules-based read of Icici Lombard General Insurance Company Limited's public fundamentals plus a statistical forecast, not an analyst opinion. It rewards low-to-fair valuation, high ROE/ROCE, a strong Piotroski F-Score, a dividend, low volatility and a favourable probability of upside; it penalises rich valuations, weak capital efficiency, a low F-Score and high volatility. The price target is a 10,000-path Monte-Carlo simulation on real historical volatility, a distribution, not a single guess. The bull and bear cases are generated from the same data, so you always see both sides.
This is information, not investment advice. Do your own due diligence and consult a SEBI-registered adviser before investing.
ICICIGI analysis, FAQs
Is Icici Lombard General Insurance Company Limited (ICICIGI) a good buy?
On the numbers, Icici Lombard General Insurance Company Limited (ICICIGI) worth a closer look, a Downstox Snapshot Score of 62/100, weighing premium at 33.7× earnings, ROE of 16.6%, a 63% model probability of trading higher in a year. This is a data snapshot for research, not investment advice.
Is ICICIGI overvalued or undervalued?
ICICIGI trades at 33.7× earnings, premium versus the ~22× long-run Nifty average.
What is the ICICIGI share price target for 2031?
ICICIGI's probability-weighted 2031 median target is ₹2,429, with an 80% range of ₹1,202-₹4,908 (10,000-path Monte-Carlo).
What is the probability ICICIGI doubles in 5 years?
The modelled probability of ICICIGI reaching ₹3,278 (2×) within 5 years is 29%.
What is the bull case for ICICIGI?
ICICIGI's return on equity of 16.6% ranks in the 77th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026. ICICIGI's return on capital employed of 21.9% ranks in the 84th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026. A 10,000-path probability model puts a 63% chance the price is higher in a year, with a median target of ₹1,773 (+8%).
What are the risks in ICICIGI?
ICICIGI's P/E of 33.7x is lower than 41% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.