💡 Strong FY2026 results with PAT growth of 34.6%, VNB growth of 10.9%, and final dividend declaration.
What Happened
The Board of Directors of ICICI Prudential Life Insurance Company Limited approved the audited financial results for the quarter and year ended March 31, 2026. The company reported a Profit After Tax (PAT) of ₹1,600 crore for FY2026, representing a year-on-year growth of 34.6%. Value of New Business (VNB) grew by 10.9% to ₹2,629 crore with a margin expansion to 24.7%. The Board also recommended a final dividend of ₹1.65 per equity share.
Key Details
- Company: ICICI Prudential Life Insurance Company Limited
- Event Type: Earnings
- Filing Date: 14-Apr-2026 15:14:02
- NSE Filing: View Document
Why It Matters
ICICI Prudential Life Insurance has delivered robust financial performance for FY2026, marked by significant growth in profitability and new business value. The 34.6% increase in PAT demonstrates strong operational efficiency and effective capital management. The expansion in VNB margin to 24.7% indicates improved profitability of new business written during the year. The company's Embedded Value grew by 10.5% to ₹52,989 crore, reflecting the underlying value of the business. The declaration of a final dividend of ₹1.65 per share represents a return to shareholders and confidence in the company's financial position. These results position the company favorably in the competitive life insurance sector.
Disclaimer: This is publicly available information sourced from NSE. Not investment advice.
Get signals like this instantly
Free Telegram alerts within 2 minutes of NSE filing
Join SuperStock Free