ICICI Financial institution share value traded larger on Monday, July 21, after India’s second-largest non-public lender reported better-than-expected Q1 FY26 earnings, pushed by robust internet curiosity earnings (NII) and resilient asset high quality. At 9:38 AM, the inventory was up 1.4 per cent at Rs 1,445.6 on the NSE.
ICICI Financial institution Q1 resutls highlights
For the quarter ended June 30, 2025, ICICI Financial institution reported a 15 per cent year-on-year improve in standalone internet revenue to Rs 12,768.21 crore, surpassing analyst estimates. The financial institution’s NII stood at Rs 21,634.46 crore, up 8.4 per cent from the year-ago interval. Whole earnings (standalone) rose to Rs 51,451.81 crore, in comparison with Rs 45,997.70 crore final yr, whereas different earnings surged to Rs 8,504.90 crore, reflecting strong progress in price and treasury earnings.
Whereas the financial institution’s internet curiosity margin (NIM) contracted by 7 foundation factors to 4.34 per cent, administration guided for rangebound margins going ahead, noting that the total influence of latest coverage fee cuts is but to play out.
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The market welcomed the robust operational metrics, with a number of high brokerages elevating their ICICI Financial institution inventory forecast:
Goldman Sachs maintained a Impartial ranking, rising its goal value to Rs 1,644 from Rs 1,597, citing a beat on core working revenue and well-managed prices.
Jefferies reiterated a Purchase ranking and raised its goal to Rs 1,760, highlighting robust profitability, wholesome CASA progress of 14 per cent, and resilient asset high quality.
Nomura maintained a Purchase ranking with a better goal of Rs 1,740, pointing to enhancing credit score progress and regular asset efficiency.
Macquarie remained bullish, with an Outperform ranking and a raised goal of Rs 1,795.
CLSA referred to as ICICI Financial institution a “regular ship in turbulent waters” and elevated its goal value to Rs 1,700, praising sequential NII progress regardless of fee lower pressures.
Bernstein maintained a Market Outperform stance with a goal of Rs 1,440, stating that robust margins and asset high quality offset muted progress.
