Icici Bank Limited · NSE:ICICIBANK
Icici Bank — Q4 2026 Earnings Presentation
60 slides from Icici Bank's earnings presentation, Apr 18, 2026
Slide 1: Cover letter to stock exchanges: Investor Presentation
April 18, 2026 BSE Limited National Stock Exchange of India Limited Listing Department Listing Department Phiroze Jeejeebhoy Towers Exchange Plaza, 5th floor Dalal Street Plot No. C/1, G Block Mumbai 400 001 Bandra-Kurla Complex Bandra(East Mumbai 400 051 Dear Sir/Madam, Sub: Investor Presentation P
Slide 2: Q4-2026: Performance review
/CIC/Bank Q4-2026: Performance review April 18, 2026
Slide 3: Forward-looking statements
Certain definitions in this release relating to a future period of time (including inter alia concerning our future business plans or growth prospects) are forward-looking statements intended to qualify for the 'safe harbor' under applicable securities laws including the US Private Securities Litiga
Slide 4: Highlights for Q4-2026
Highlights for Q4-2026 3
Slide 5: Key highlights for Q4-2026 (1/2)
Key highlights for Q4-2026 (1/2) • Profit before tax excluding treasury grew by 10.1% y-o-y and 21.7% q-o-q to ₹ 182.09 bn in Q4-2026 Earnings • Core operating profit grew by 5.1% y-o-y and 4.5% q-o-q to ₹ 183.05 bn • Profit after tax grew by 8.5% y-o-y and 21.1% q-o-q to ₹ 137.02 bn in Q4- 2026 • P
Slide 6: Key highlights for Q4-2026 (2/2)
Key highlights for Q4-2026 (2/2) • Net NPA ratio was 0.33% at Mar 31, 2026 (Dec 31, 2025: 0.37%) • Net additions of ₹ 11.74 bn to gross NPAs in Q4-2026 (Q4-2025: ₹ 13.25 bn) • Provision coverage ratio was 75.8% at Mar 31, 2026 (Dec 31, 2025: 75.4%) Asset • Standard, contingency and other provisions
Slide 7: Operating performance
Operating performance 6
Slide 8: Profit & loss statement
Profit & loss statement Q4- Q3- Q4- Q4-o-Q4 FY-o-FY (₹ billion) FY2025 FY2026 2025 2026 2026 (%) (%) Net interest income1 811.65 211.93 219.32 229.79 880.75 8.4% 8.5% Non-interest income 266.03 70.21 75.25 74.15 295.60 5.6% 11.1% - Fee income 238.70 63.06 65.72 67.79 257.42 7.5% 7.8% - Dividend inco
Slide 9: Profit & loss statement
Profit & loss statement ₹ in billion Q4- Q3- Q4- Q4-o-Q4 FY-o-FY FY2025 FY2026 2025 2026 2026 (%) (%) Core operating profit 653.96 174.25 175.13 183.05 704.01 5.1% 7.7% Provisions 46.83 8.91 25.561 0.96 53.801 (89.2)% 14.9% Profit before tax excluding 607.13 165.34 149.57 182.09 650.21 10.1% 7.1% tr
Slide 10: Key ratios
Key ratios Percent FY2025 Q4-20251 Q3-20261 Q4-20261 FY2026 Net interest margin2 4.32 4.41 4.30 4.32 4.32 Cost of deposits 4.91 5.00 4.55 4.43 4.62 Cost-to-income 38.6 37.9 40.8 39.9 39.7 Core operating profit/average assets 3.33 3.43 3.26 3.20 3.26 Provisions/core operating profit 7.2 5.1 14.6 0.5
Slide 11: Standalone segment-wise PBT
Standalone segment-wise PBT Profit before tax FY2025 Q4-2025 Q3-2026 Q4-2026 FY2026 (₹ billion) Retail 216.21 64.93 52.63 69.27 232.44 Wholesale 215.64 55.51 63.05 70.37 244.89 Treasury 187.61 44.66 30.86 37.42 172.30 Others 6.70 2.63 1.46 3.97 12.56 Total 626.16 167.73 148.00 181.03 662.19 10
Slide 12: Balance sheet growth
Balance sheet growth 11
Slide 13: Outstanding deposits
Outstanding deposits (₹ billion) % share at Mar 31, Dec 31, Mar 31, Y-o-Y Q-o-Q Mar 31, 2025 2025 2026 growth growth 2026 CASA 6,737.29 6,675.90 7,435.87 10.4% 11.4% 41.4% - Current 2,329.57 2,179.87 2,679.81 15.0% 22.9% 14.9% - Savings 4,407.72 4,496.03 4,756.06 7.9% 5.8% 26.5% Term 9,366.19 9,920.
Slide 14: Average deposits
Average deposits Y-o-Y Q-o-Q (₹ billion) Q4-2025 Q3-2026 Q4-2026 growth growth CASA 5,715.30 6,192.27 6,359.38 11.3% 2.7% Term 9,151.05 9,668.61 10,108.53 10.5% 4.5% Total deposits 14,866.35 15,860.88 16,467.91 10.8% 3.8% Average CASA ratio 38.4% 39.0% 38.6% 13
Slide 15: Loan portfolio
Loan portfolio Mar 31, Dec 31, Mar 31, Y-o-Y Q-o-Q % share at (₹ billion) 2025 2025 2026 growth growth Mar 31, 20263 Retail 7,172.23 7,537.98 7,851.57 9.5% 4.2% 50.4% Rural loans 783.40 833.89 983.76 25.6% 18.0% 6.3% Business banking1 2,633.67 3,045.36 3,276.65 24.4% 7.6% 21.0% Domestic corporate an
Slide 16: Retail portfolio
Retail portfolio (₹ billion) Mar 31, Dec 31, Mar 31, Y-o-Y Q-o-Q % share at 2025 2025 2026 growth growth Mar 31, 2026 Mortgages 4,395.84 4,752.56 4,975.45 13.2% 4.7% 63.4% Vehicle loans 965.43 977.64 1,007.54 4.4% 3.1% 12.8% - Auto finance 619.44 621.30 629.86 1.7% 1.4% 8.0% - Commercial vehicle and
Slide 17: Asset quality trends
Asset quality trends 16
Slide 18: NPA trends
NPA trends (₹ billion) Mar 31, Dec 31, Mar 31, 2025 2025 2026 Gross NPAs1 241.66 237.58 230.52 Less: cumulative provisions 185.77 180.26 175.93 Net NPAs1 55.89 57.32 54.59 Gross NPA ratio1 1.67% 1.53% 1.40% Net NPA ratio1 0.39% 0.37% 0.33% Provision coverage ratio 76.2% 75.4% 75.8% Retail and rural
Slide 19: NPA movement
NPA movement1 ₹ billion FY2025 Q4-2025 Q3-2026 Q4-2026 FY2026 Opening gross NPA 279.62 277.45 238.50 237.58 241.66 Add: gross additions (1) 202.11 51.42 53.56 42.42 191.47 - Retail and rural 176.44 43.39 42.772 31.45 155.16 - Corporate and business banking 25.67 8.03 10.79 10.97 36.31 Less: recoveri
Slide 20: Other portfolios
Other portfolios Mar 31, Dec 31, Mar 31, (₹ billion) 2025 2025 2026 1 Resolution under RBI frameworks: Total fund based o/s1 19.56 16.66 14.96 2 Corporate: BB and below outstanding2 - Borrowers with o/s greater than ₹ 1.00 bn 23.90 29.91 31.22 - Borrowers with o/s less than ₹ 1.00 bn 4.64 4.01 3.97
Slide 21: Standard assets and other provisions
Standard assets and other provisions1,2 (₹ billion) Mar 31, Dec 31, Mar 31, 2025 2025 2026 3 3 Total provisions 226.51 226.57 227.10 -- of which contingency provisions 131.00 131.00 131.00 Total as a % of net advances 1.7% 1.5% 1.5% 1. Excludes specific provisions on fund-based outstanding to borrow
Slide 22: Loan portfolio information
Loan portfolio information 21
Slide 23: Diversified and granular loan book
Diversified and granular loan book Breakup of loan portfolio1 at Mar 31, 2026 50.4% of total loans are retail3 2 1. Proportions are gross of BRDS/IBPC 2. This portfolio comprises borrowers with turnover of upto ₹ 7.50 bn 3. Including non-fund based outstanding, the share of retail portfolio was 41.7
Slide 24: Mortgage, personal loan and credit card portfolio
Mortgage, personal loan and credit card portfolio Mortgage Personal loans and credit cards Mortgage portfolio includes home loans ~64%, top-up Growth in retail credit card spends loans given to existing home loan customers ~7%, non- driven by residential loans ~6% and loan against property ~17% ▪ Co
Slide 25: Business banking portfolio
Business banking portfolio Growth driven by leveraging branch network and digital platforms such as, InstaBIZ, Merchant STACK and Trade Online, end to end digital onboarding platform DigiEase, and efforts towards process decongestion such as e-signing of disbursement documents through EazySign Focus
Slide 26: Rating-wise loan book for corporate portfolio
Rating-wise loan book for corporate portfolio Mar 31, Mar 31, Mar 31, Mar 31, Dec 31, Mar 31, Rating category1 2022 2023 2024 2025 2025 2026 AA- and above 46.4% 45.0% 38.3% 35.9% 27.7% 26.5% A+, A, A- 31.0% 35.6% 40.2% 38.9% 43.4% 45.4% A- and above 77.4% 80.6% 78.5% 74.8% 71.1% 71.9% BBB+,BBB, BBB-
Slide 27: Exposure to power sector
Exposure to power sector (₹ billion) Mar 31, Dec 31, Mar 31, % share at 2025 2025 2026 Mar 31, 2026 Borrowers classified as NPA or part of 8.58 6.02 5.79 1.0% BB and below portfolio1 Other borrowers 493.09 518.10 590.03 99.0% Total 501.67 524.12 595.82 100.0% • Of the other borrowers aggregating ₹ 5
Slide 28: NBFCs, HFCs and builder portfolio
NBFCs, HFCs and builder portfolio Mar 31, Dec 31, Mar 31, Outstanding (₹ billion) 2025 2025 2026 NBFCs/HFCs1 918.38 791.18 859.04 Builder portfolio (construction finance, lease rental 616.24 680.83 714.21 discounting, term loans and working capital)1 • Proportion of the NBFCs/HFCs portfolio internal
Slide 29: Portfolio of overseas branches
Portfolio of overseas branches Total outstanding1 at Mar 31, 2026: USD 3.87 billion 1. Corporate fund and non-fund outstanding of overseas branches, net of cash/bank/insurance backed lending Note: Other non-India companies represents insignificant share 28
Slide 30: Concentration risk ratios
Concentration risk ratios Mar 31, Mar 31, Mar 31, Mar 31, Dec 31, Mar 31, Advances 2022 2023 2024 2025 2025 2026 Exposure to top 20 borrowers1 as a % of 9.6% 8.5% 8.3% 7.5% 6.3% 6.4% total exposure Exposure to top 10 groups as a % of total 10.3% 10.1% 10.0% 9.6% 10.3% 10.3% exposure • All top 20 bor
Slide 31: Capital
Capital 30
Slide 32: Standalone capital adequacy
Standalone capital adequacy Mar 31, 20251 Dec 31, 20252 Mar 31, 20261 (₹ billion) % (₹ billion) % (₹ billion) % Total capital 2,666.62 16.55% 2,716.47 15.59% 3,130.33 17.18% - Tier I 2,567.38 15.94% 2,563.25 14.71% 2,978.18 16.35% - of which: CET1 2,567.38 15.94% 2,563.25 14.71% 2,978.18 16.35% 3 -
Slide 33: Group companies
Group companies 32
Slide 34: Profit after tax of key subsidiaries
Profit after tax of key subsidiaries Profit after tax (₹ billion) FY2025 Q4-2025 Q3-2026 Q4-2026 FY2026 ICICI Prudential Life Insurance 11.89 3.86 3.90 6.09 16.00 ICICI Lombard General Insurance 25.08 5.10 6.59 5.47 27.72 ICICI Prudential Asset Management1 26.51 6.92 9.17 7.63 32.98 ICICI Securities
Slide 35: Key subsidiaries (1/2)
Key subsidiaries (1/2) ICICI Prudential Life Insurance • Annualised Premium Equivalent increased to ₹ 106.41 billion in FY2026 from ₹ 104.07 billion in FY2025 • Value of New Business increased to ₹ 26.29 billion in FY2026 from ₹ 23.70 billion in FY2025 • New business sum assured grew by 21.4% y-o-y
Slide 36: Key subsidiaries (2/2)
Key subsidiaries (2/2) ICICI Prudential Asset Management • Market leader in Equity Hybrid schemes and Equity schemes with market share of 26.7% and 14.2% respectively at March 31, 2026 • MF QAAUM1 grew by 25.6% y-o-y to ₹ 11,047.87 billion at March 31, 2026 ICICI Securities • Total assets2 grew by 4
Slide 37: Environmental, Social and Governance (ESG) initiatives
Environmental, Social and Governance (ESG) initiatives 36
Slide 38: ESG @ ICICI Bank
ESG @ ICICI Bank Environment Social Governance Promoting sustainable Striving to create value Being responsible and environmental practices for all stakeholders transparent in business • In pursuit of goal to become • Flagship CSR project of setting up • Enhanced mandate of ESG & carbon neutral in S
Slide 39: Thank you
ICICIBank Thank you
Slide 40: Additional financial information
Additional financial information 39
Slide 41: Yield, cost and margin
Yield, cost and margin Movement in yield, costs & FY2025 Q4-20251 Q3-20261 Q4-20261 FY2026 margins (Percent) Yield on total interest-earning 8.69 8.82 8.23 8.14 8.33 assets - Yield on advances 9.76 9.86 9.08 8.87 9.19 Cost of funds 5.10 5.18 4.67 4.53 4.75 - Cost of deposits 4.91 5.00 4.55 4.43 4.62
Slide 42: Consolidated profit & loss statement (1/2)
Consolidated profit & loss statement (1/2) Q4-o-Q4 FY-o-FY (₹ billion) FY2025 Q4-2025 Q3-2026 Q4-2026 FY2026 growth growth Net interest income 973.04 253.40 264.90 275.47 1,061.90 8.7% 9.1% Non-interest income 1,082.55 313.61 284.18 350.20 1,169.00 11.7% 8.0% - Fee income 322.25 82.96 88.99 90.45 34
Slide 43: Consolidated profit & loss statement (2/2)
Consolidated profit & loss statement (2/2) (₹ billion) Q4-o-Q4 FY-o-FY FY2025 Q4-2025 Q3-2026 Q4-2026 FY2026 growth growth Operating profit 777.59 200.53 204.00 210.05 826.96 4.7% 6.3% Provisions 49.06 9.41 26.46 2.61 56.39 (72.3%) 14.9% Profit before tax 728.53 191.12 177.54 207.44 770.57 8.5% 5.8%
Slide 44: Key ratios (consolidated)
Key ratios (consolidated) Percent FY2025 Q4-2025 Q3-2026 Q4-2026 FY2026 Return on equity 18.0 18.1 14.7 16.6 16.0 Weighted average EPS (₹) 72.4 76.4 70.2 82.5 75.9 Book value (₹) 429 429 473 492 492 slide 9 43
Slide 45: Balance sheet: liabilities
Balance sheet: liabilities (₹ billion) Mar 31, 2025 Dec 31, 2025 Mar 31, 2026 Net worth 2,920.77 3,231.34 3,373.71 - Equity capital 14.25 14.30 14.32 - Reserves 2,906.52 3,217.04 3,359.39 Deposits 16,103.48 16,596.11 17,946.25 - Current 2,329.57 2,179.87 2,679.81 - Savings 4,407.72 4,496.03 4,756.06
Slide 46: Composition of borrowings
Composition of borrowings (₹ billion) Mar 31, 2025 Dec 31, 2025 Mar 31, 2026 Domestic 991.22 900.08 979.08 1 - Capital instruments 19.51 54.40 53.73 - Other borrowings 971.71 845.68 925.35 - Long term infrastructure bonds 417.69 417.69 417.69 - Refinance 433.26 343.42 419.14 Overseas borrowings 244.
Slide 47: Consolidated balance sheet
Consolidated balance sheet (₹ billion) Mar 31, 2025 Dec 31, 2025 Mar 31, 2026 Cash & bank balances 2,140.23 1,793.77 2,649.81 Investments 8,863.77 9,011.84 8,707.20 Advances 14,206.64 15,523.67 16,446.58 Fixed & other assets 1,211.77 1,205.43 1,341.39 Total assets 26,422.41 27,534.71 29,144.98 Net w
Slide 48: Branch and ATM network
Branch and ATM network Branches Mar 31, Mar 31, Mar 31, Mar 31, Dec 31, Mar 31, % share at 2022 2023 2024 2025 2025 2026 Mar 31, 2026 Metro 1,567 1,709 1,907 2,079 2,308 2,356 31.4% Urban 1,074 1,160 1,310 1,422 1,501 1,507 20.1% Semi urban 1,599 1,712 1,838 1,905 1,939 1,956 26.0% Rural 1,178 1,319
Slide 49: Balance sheet: assets
Balance sheet: assets (₹ billion) Mar 31, 2025 Dec 31, 2025 Mar 31, 2026 Cash & bank balances 1,855.62 1,463.39 2,303.35 Investments 5,047.57 4,946.42 4,922.17 - SLR investments 3,996.87 4,043.37 3,878.65 - Equity investment in subsidiaries 191.36 218.16 220.26 Advances 13,417.66 14,661.54 15,538.93
Slide 50: Equity investment in subsidiaries
Equity investment in subsidiaries (₹ billion) Mar 31, 2025 Dec 31, 2025 Mar 31, 2026 ICICI Prudential Life Insurance 32.75 32.75 32.75 ICICI Lombard General Insurance 46.50 46.50 46.50 ICICI Bank Canada 9.96 9.96 9.96 ICICI Bank UK 9.70 9.70 9.71 1 ICICI Home Finance 18.62 23.62 23.62 ICICI Securiti
Slide 51: Portfolio composition
Portfolio composition Mar 31, 2025 Dec 31, 2025 Mar 31, 2026 Domestic 95.3% 95.3% 94.8% International 4.7% 4.7% 5.2% Total consolidated advances (₹ billion) 14,207 15,524 16,447 slide 14 50
Slide 52: Retail and rural NPAs
Retail and rural NPAs Mar 31, Dec 31, Mar 31, ₹ in billion 2025 2025 2026 Gross retail and rural NPAs 127.16 125.84 117.17 - as a % of gross advances 1.58% 1.49% 1.31% Net retail and rural NPAs 42.14 39.35 35.61 - as a % of net advances 0.53% 0.47% 0.40% slide 17 51
Slide 53: Sector-wise exposures
Sector-wise exposures Top 10 sectors1,2: % of total Mar 31, Mar 31, Mar 31, Mar 31, Sep 30, Dec 31, Mar 31, exposure of the Bank 2022 2023 2024 2025 2025 2025 2026 Retail finance 35.9% 37.9% 39.1% 37.4% 37.9% 36.9% 36.1% Services – finance 9.1% 8.9% 8.1% 8.1% 7.5% 7.2% 7.1% Wholesale/retail trade 4.
Slide 54: Consolidated capital adequacy
Consolidated capital adequacy Basel III (%) Mar 31, Dec 31, Mar 31, 20251 20252 20261 Total capital 16.41% 15.40% 17.05% - Tier I 15.81% 14.56% 16.25% - of which: CET 1 15.81% 14.56% 16.25% - Tier II 0.60% 0.84% 0.80% • Including profits for 9M-2026, CET 1 ratio was 16.27%, Tier I ratio was 16.27% a
Slide 55: Insurance entities
Insurance entities ICICI Life (₹ billion) FY2025 Q4-2025 Q3-2026 Q4-2026 FY2026 Annualised premium equivalent 104.07 35.02 25.25 38.30 106.41 - Of which: protection 16.38 4.72 4.64 6.13 19.06 Assets under management 3,093.59 3,093.59 3,307.29 3,136.34 3,136.34 Cost1/Total premium 18.1% 14.8% 19.4% 1
Slide 56: ICICI Bank UK
ICICI Bank UK (USD million) FY2025 Q4-2025 Q3-2026 Q4-2026 FY2026 Net interest income 65.9 16.7 16.5 16.7 67.2 Operating profit 35.3 7.6 7.5 9.2 31.6 Loans and advances 1,148.8 1,148.8 1,334.6 1,483.7 1,483.7 Deposits 1,886.7 1,886.7 2,006.0 2,248.3 2,248.3 - Retail term deposits 558.5 558.5 516.7 5
Slide 57: ICICI Bank UK
ICICI Bank UK1 Asset profile Liability profile 2 Total assets: USD 2.91 bn Total liabilities: USD 2.91 bn 1. At Mar 31, 2026 2. Includes cash & cash equivalents and T Bills 56
Slide 58: ICICI Bank Canada
ICICI Bank Canada (CAD million) FY2025 Q4-2025 Q3-2026 Q4-2026 FY2026 Net interest income 113.4 24.3 19.3 16.7 78.8 Operating profit 95.7 16.1 9.9 6.3 36.3 Loans and advances 4,460.9 4,460.9 3,832.2 4,173.8 4,173.8 - Residential mortgages 2,738.9 2,738.9 2,185.6 2,438.4 2,438.4 Deposits 2,931.7 2,93
Slide 59: ICICI Bank Canada
ICICI Bank Canada1 Asset profile Liability profile 2 4 3 Total assets: CAD 4.89 bn Total liabilities: CAD 4.89 bn 1. At Mar 31, 2026 2. Includes government securities and cash & placements with banks 3. Insured mortgages include CAD 1,503.6 million of securitised mortgages at Mar 31, 2026 (Dec 31, 2
Slide 60: ICICI Home Finance
ICICI Home Finance1 (₹ billion) Mar 31, Dec 31, Mar 31, 2025 2025 2026 Loans and advances 281.20 305.33 321.12 Gross impaired loans (stage 3) 4.32 4.50 4.51 Net impaired loans (stage 3) 2.86 2.98 3.02 Capital adequacy ratio 19.9% 21.5% 20.5% slide 33 1. As per Ind AS 59