ICICI Securities

Market Cap (₹ Cr.)

₹27,261

52 Week High

922.45

Book Value

₹121

52 Week Low

654.00

PE Ratio

13.25

PB Ratio

6.10

PE for Sector

30.39

PB for Sector

4.09

ROE

39.18 %

ROCE

60.79 %

Dividend Yield

2.26 %

EPS

₹60.30

Industry

Stock/ Commodity Brokers

Sector

Finance & Investments

Investment Returns

In Long Term

In Short Term

1 Year

0.00%

2 Years

0.00%

3 Years

0.00%

4 Years

0.00%

5 Years

0.00%

Growth Rate

Revenue Growth

-0.38 %

Net Income Growth

-19.16 %

Cash Flow Change

74.05 %

ROE

-31.12 %

ROCE

0.84 %

EBITDA Margin (Avg.)

-3.13 %

Financial Results

Quarterly Financials	Mar 2017	Jun 2017	Sept 2017	Dec 2017	Mar 2018	Jun 2018	Sept 2018	Dec 2018	Mar 2019	Jun 2019	Sept 2019	Dec 2019	Mar 2020	Jun 2020	Sept 2020	Dec 2020	Mar 2021	Jun 2021	Sept 2021	Dec 2021	Mar 2022	Jun 2022	Sept 2022	Dec 2022	Mar 2023	Jun 2023	Sept 2023	Dec 2023	Mar 2024	Jun 2024	Sept 2024
Revenue	381	401	455	494	508	434	458	406	428	402	418	422	480	546	680	620	739	747	857	942	891	794	865	879	885	934	1,249	1,323	1,544	1,644	1,706
Expenses	242	208	239	243	257	216	237	234	226	194	202	202	230	250	266	223	254	276	313	334	329	313	335	331	337	364	438	412	466	507	539
EBITDA	140	194	217	251	251	218	220	172	203	208	215	221	251	296	414	397	485	471	544	608	562	481	529	548	548	570	810	911	1,079	1,137	1,168
Operating Profit %	37 %	48 %	48 %	51 %	49 %	50 %	48 %	42 %	45 %	50 %	51 %	52 %	52 %	54 %	61 %	64 %	66 %	63 %	63 %	65 %	63 %	61 %	61 %	62 %	62 %	61 %	65 %	69 %	70 %	69 %	68 %
Depreciation	4	4	4	4	4	4	4	4	4	16	15	15	16	13	13	14	14	14	15	16	17	16	19	19	21	22	26	27	34	37	39
Interest	8	10	12	13	14	13	11	8	10	18	18	22	29	23	28	25	30	42	58	83	91	100	108	153	175	185	215	261	326	394	419
Profit Before Tax	127	180	201	234	233	201	206	159	189	175	183	184	206	260	372	358	441	415	471	510	454	365	403	375	353	363	570	623	719	706	710
Tax	44	63	80	78	91	60	79	61	72	55	40	49	53	69	100	89	102	108	119	126	104	95	104	94	85	94	144	155	181	181	180
Net Profit	83	119	130	154	147	131	133	102	121	113	134	136	154	194	278	267	329	309	351	380	339	271	299	279	262	270	424	465	535	526	528
EPS in ₹	1.03	3.68	4.02	4.77	4.58	4.06	4.12	3.18	3.77	3.50	4.16	4.22	4.78	6.01	8.63	8.28	10.22	9.59	10.89	11.79	10.50	8.40	9.28	8.64	8.12	8.36	13.12	14.39	16.56	16.25	16.31

Show % Change

Above figures are in Rs. Crores

Balance Sheet

Balance Sheet	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Total Assets	1,361	1,392	2,040	2,865	4,646	4,419	8,156	13,618	15,537	25,588
Fixed Assets	35	35	35	38	44	198	161	184	258	529
Current Assets	1,143	1,137	1,714	2,162	4,108	3,569	5,016	6,499	7,856	12,646
Capital Work in Progress	4	2	3	4	4	8	8	14	31	30
Investments	0	0	0	16	15	15	15	23	937	420
Other Assets	1,323	1,354	2,003	2,806	4,584	4,198	7,972	13,397	14,311	24,609
Total Liabilities	1,009	998	1,555	2,026	3,612	3,227	6,352	11,208	12,711	21,695
Current Liabilities	942	909	1,439	2,021	3,607	3,068	6,243	11,102	12,212	21,212
Non Current Liabilities	67	89	116	5	5	160	109	106	499	482
Total Equity	352	394	485	839	1,034	1,191	1,804	2,409	2,825	3,893
Reserve & Surplus	191	233	324	678	873	1,030	1,643	2,248	2,664	3,731
Share Capital	161	161	161	161	161	161	161	161	161	162

Show % Change

Above figures are in Rs. Crores

Cash Flow

Cash Flow	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Net Cash Flow	-23	-58	91	51	1,707	-1,339	-234	461	-535	-165
Investing Activities	89	-16	-17	-21	-21	-23	-40	-69	-125	-257
Operating Activities	219	230	162	66	2,289	-1,862	-1,611	-2,600	-676	-5,623
Financing Activities	-331	-271	-54	6	-561	545	1,417	3,130	266	5,715

Show % Change

Above figures are in Rs. Crores

Share Holding

% Holding	Mar 2021	Jun 2021	Sept 2021	Dec 2021	Mar 2022	Jun 2022	Sept 2022	Dec 2022	Mar 2023	Jun 2023	Sept 2023	Dec 2023	Mar 2024	Jun 2024	Sept 2024
Promoter	75.00 %	74.92 %	74.91 %	74.89 %	74.89 %	74.87 %	74.86 %	74.85 %	74.85 %	74.83 %	74.79 %	74.77 %	74.74 %	74.65 %	74.59 %
FIIs	3.74 %	5.68 %	6.29 %	6.58 %	7.32 %	7.10 %	7.43 %	7.76 %	8.75 %	9.48 %	10.06 %	10.33 %	10.43 %	9.31 %	10.45 %
DIIs	9.04 %	7.34 %	7.51 %	7.79 %	7.08 %	6.75 %	6.24 %	5.81 %	5.06 %	5.08 %	6.21 %	6.35 %	7.38 %	10.02 %	9.07 %
Government	0.00 %	0.00 %	0.00 %	0.00 %	0.00 %	0.00 %	0.00 %	0.00 %	0.00 %	0.00 %	0.00 %	0.00 %	0.00 %	0.00 %	0.00 %
Public / Retail	12.23 %	12.06 %	11.29 %	10.74 %	10.71 %	11.28 %	11.47 %	11.57 %	11.35 %	10.61 %	8.94 %	8.55 %	7.44 %	6.02 %	5.89 %

Show % Change

Dividend History

Peer Comparison Compare Peers on Screener

Competitors	LTP	Market Cap (₹ Cr.)	P/E Ratio	Revenue (₹ Cr.)	YoY Revenue Growth %	Net Profit (₹ Cr.)	YoY Profit Growth %	RSI
Motilal Oswal Financial Services	881.45	54,281.71	16.04	7,130.52	69.89	2,446	110.79	47.17
ICICI Securities	837.15	27,261.19	13.25	3,425.48	-0.38	1,118	24.88	43.41
Angel One	2,719.30	24,127.17	18.33	4,279.79	41.66	1,126	39.06	45.94
Nuvama Wealth Management	6,475.80	23,657.37	28.31	3,157.72	41.58	625	77.50	43.98
Prudent Corporate Advisors	2,900.05	12,386.39	70.39	824.70	33.26	139	69.36	53.04
IIFL Securities	318.40	9,933.92	13.85	2,231.29	62.82	513	90.77	38.78
Share India Securities	262.70	5,894.11	12.87	1,488.75	35.38	426	10.33	29.05
Monarch Networth Capital	392.60	3,167.08	20.68	279.00	72.21	123	18.80	40.82
Geojit Financial Services	107.85	3,139.04	16.69	623.97	39.39	143	53.18	34.34
Wealth First Portfolio Managers	1,493.85	1,591.70	29.95	66.96	127.48	43	47.76	51.75