ICICI Lombard announced its H1 FY2026 results, showcasing a 22.9% increase in profit after tax (PAT) to ₹15.67 billion. The company’s gross direct premium income (GDPI) reached ₹143.31 billion. The combined ratio stood at 104.0%. The Board has declared an interim dividend of ₹6.50 per share. Key performance indicators reflect ICICI Lombard’s focus on sustainable growth and operational efficiency.
Key Financial Highlights
ICICI Lombard reported a strong performance for the half-year ended September 30, 2025. Key highlights include:
- Profit after tax (PAT) grew by 22.9% to ₹15.67 billion, compared to ₹12.74 billion in H1 FY2025.
- Profit before tax (PBT) increased by 22.3% to ₹20.71 billion.
- Gross Direct Premium Income (GDPI) reached ₹143.31 billion.
- Combined ratio was 104.0%, or 103.3% excluding the impact of CAT losses.
- Return on Average Equity (ROAE) was 20.8%.
Interim Dividend Declared
The Board of Directors has declared an interim dividend of ₹6.50 per share for H1 FY2026, compared to ₹5.50 per share for H1 FY2025.
Segment Performance
The company has seen significant contributions from various business segments:
- Motor business grew, driven by new private car and two-wheeler segments.
- Retail Health saw market share gains, supported by investments in product innovation.
- Fire business registered robust growth driven by growth across agency, broking, and Banca channels.
Strategic Pillars and Future Outlook
ICICI Lombard continues to focus on its strategic pillars, including profitable growth, comprehensive product portfolio, risk management, customer service, and capital management. The company is dedicated to leveraging technology to optimize processes and enhance customer experience.
Solvency and Capital Management
The solvency ratio was 2.73x as of September 30, 2025, higher than the minimum regulatory requirement.
Source: BSE