I

ICICI Prudential Asset Management Company Limited

ICICIAMCNSE
Market snapshot · 2026-08-11 05:04 UTC

3,046.50

₹-7.70 (-0.25%)

MARKET CAP

₹1.51L Cr

STOCK P/E

43.3x

52W HIGH

₹3,611.00

52W LOW

₹2,530.00

BOOK VALUE

₹84.39

EPS

₹70.37

ROE

SECTOR

Financials

DEBT/EQUITY

4.07

VOLUME

43,274

P/B RATIO

36.10x

PEG RATIO

1.89

Sector

Financials

Themes

Asset ManagementNewly Listed
D
Dividend
E
Earnings
₹3,524.81₹3,284.20₹3,043.59₹2,802.98₹2,562.37VolumeDEDEDec '25Jan '26Feb '26Mar '26Apr '26Jun '26Jun '26Aug '26

AI Summary

✦ Clartha

Forecast

Analyst targets, estimate history, and probabilistic forward ranges for ICICIAMC.

18.00 analysts

Price Forecast

Current
₹3,044
High Target
₹4,000
▲ +31.4%
Median Target
₹3,665
▲ +20.4%
Low Target
₹3,250
▲ +6.8%
Now₹3,044High ₹4,000Median ₹3,665Low ₹3,250Dec '25Now12M Target
Price history (1Y)
Analyst target range
18 analysts

Probabilistic Range

Probabilistic lognormal cone using 1Y realized volatility and analyst-target drift when available.

Time horizonRange ()Probability
3M₹2,553 - ₹3,92580%
6M₹2,429 - ₹4,46280%
12M₹2,316 - ₹5,47280%
Realized vol: +33.5% · Drift: +21.3%

Revenue Forecast

₹ Cr
Jun '26Current₹1,564.0
Sep 2026 ETrend estimate range
High₹1,853.1Base₹1,715.8Low₹1,578.5
Sep '25: ₹1,420.0 · Dec '25: ₹1,515.0 · Mar '26: ₹1,542.0 · Jun '26: ₹1,564.0 · Sep '26: ₹1,715.8 · Dec '26: ₹1,830.6
Sep '25Dec '25Mar '26Jun '26Sep '26 EDec '26 E1,420.01,515.01,542.01,564.01,715.81,830.6
PastCurrentTrend estimate: Low / Base / High

EPS Forecast

₹ / share
Jun '26Current₹19.52
Sep 2026 ETrend estimate range
High₹37.11Base₹33.13Low₹29.16
Sep '25: ₹47.33 · Dec '25: ₹18.55 · Mar '26: ₹15.55 · Jun '26: ₹19.52 · Sep '26: ₹33.13 · Dec '26: ₹12.99
Sep '25Dec '25Mar '26Jun '26Sep '26 EDec '26 E47.3318.5515.5519.5233.1312.99
PastCurrentTrend estimate: Low / Base / High
Market Intelligence

Multi-factor synthesis of 5 key dimensions

Overall Outlook
Neutral
72%
Analyst Consensus
Weakening

From 18 analysts

Mean upside+20.8%

Fundamentals

Moderate

Fundamentals institutional score is 54 using growth durability 53.6.

Valuation

Attractive relative to peers

Valuation institutional score is 90 using relative multiple z-scores where peer dispersion is available.

Analyst Consensus

Positive

Analyst View institutional score is 77 using mean target upside 20.8%; dispersion penalty 8.2; recommendation breadth from available consensus.

Technical Structure

Strong Trend

Technicals institutional score is 90 using EMA-20 continuation within 5% tolerance; VCP range/volume contraction proxy.

Market Sentiment

Neutral backdrop

Recent news flow is balanced or not decisive enough to tilt the tape. Based on 1 recent ticker-linked news items.

Signal Summary

Market intelligence remains Neutral. valuation and analyst consensus provide support, while fundamentals and market sentiment remain considerations.

Composite weights: Fundamentals 25%, Valuation 20%, Analyst Consensus 20%, Technical Structure 20%, Market Sentiment 15%.

Fundamentals ModerateValuation Attractive relative to peersAnalyst Consensus PositiveTechnical Structure Strong TrendMarket Sentiment Neutral backdrop

Key Data Points

Mean Target Price3,676.7 target
Mean Upside+20.8%
Technical Score90%
Fundamental Score54%
Data CoverageHigh

Important Note: This is market intelligence, not investment advice. Always conduct your own research and consider your financial goals and risk tolerance.

Valuation Metrics

Trading 1.1% below historical median. Valuation is rising — currently in the fair zone (z-score: +0.04). Confidence: 92%.

Live forward EPS implies next-12-month EPS of ₹93.45. Applying the stock's normalized valuation corridor produces a fair range of ₹3,823.04 to ₹4,300.57, with base value near ₹4,126.75 (+35.1% vs current price).

Forward Valuation Outlook

Live forward estimate anchored to the company's historical valuation corridor.

Below normalized range

Forward EPS

₹93.45

Forward P/E

32.7x

Base Fair Value

₹4,126.75

Fair Range

₹3,823.04 - ₹4,300.57

Upside To Base

+35.1%

Estimate Source

Live forward EPS

Growth Estimate

+23.1%

P/B
Strongly Undervalued

5Y Average

38.08

Current

36.19

Overvalued

39.14

Undervalued

36.74

P/E
Fair

5Y Average

44.66

Current

43.67

Overvalued

46.02

Undervalued

40.91

P/S
Strongly Undervalued

5Y Average

24.78

Current

24.08

Overvalued

25.93

Undervalued

23.90

Peers & Comparison

Sector: Financials · Theme: Asset Management

Asset Management Peers6 peers
Avg P/E: 56.1x
CompanyRev. GrowthMarginP/Evs Avg52W Perf.
HDFC AMC LIMITED
HDFCAMCAsset Management
+13.4%61.6%
37.4x
Undervalued
-33% vs avg
-6.9%
NIPPON L I A M LTD
NAM-INDIAAsset Management
+24.5%52.5%
46.5x
Undervalued
-17% vs avg
+46.9%
BAJAJ HOLDINGS & INVS LTD
BAJAJHLDNGAsset Management
+24.2%734.6%
14.4x
Undervalued
-74% vs avg
-19.8%
TATA INVESTMENT CORP LTD
TATAINVESTAsset Management
+4.1%105.2%
81.3x
Premium
+45% vs avg
-0.2%
ANAND RATHI WEALTH LTD
ANANDRATHIAsset Management
+52.1%33.2%
77.4x
Premium
+38% vs avg
+52.5%
+208.2%55.0%
79.9x
Premium
+42% vs avg
-22.3%
WHY THESE PEERS

ICICI PRUDENTIAL AMC LTD trades at a discount (43.4x vs peer avg 56.1x), suggesting potential undervaluation relative to the Asset Management cohort. Peers include HDFC AMC LIMITED, NIPPON L I A M LTD, BAJAJ HOLDINGS & INVS LTD — selected based on business model, industry classification, market cap similarity, and business theme alignment.

Financials

Real statement data for revenue, earnings quality, conversion, and balance-sheet coverage. Monetary values are shown in Rs crore.

Latest revenue

₹1.56K CrJun 2026

Latest net profit

₹965 CrJun 2026

Latest EPS

₹19.52Jun 2026

Net margin

72.0%Jun 2026

Performance

Bars show revenue and net profit. The line shows net margin.

Rs crore + margin %
Q1 '26Q2 '26Q3 '26Q4 '26Q1 '270.0%20.0%40.0%60.0%80.0%0.00 Cr400 Cr800 Cr1.20K Cr1.60K Cr
  • Revenue
  • Net income
  • Net margin %

Earnings

Revenue is shown in crores. EPS is rupees per share.

Rs crore + Rs/share
Q1 '26Q2 '26Q3 '26Q4 '26Q1 '270.00 Cr400 Cr800 Cr1.20K Cr1.60K Cr₹0₹15₹30₹45₹60
  • Revenue
  • EPS

Revenue to profit conversion

Bridge from operating numbers to profit for the latest reported period.

Rs crore
RevenueExpensesDepreciationOtheradjustmentsOperatingprofitOther incomeInterestOtheradjustmentsProfitbefore taxTax & otherNet Profit0.00 Cr400 Cr800 Cr1.20K Cr1.60K Cr

Latest reported period: Jun 2026

Debt level and coverage

Debt, cash and free cash flow compared on the same crore scale.

Rs crore
Annual view
Mar 2022Mar 2023Mar 2024Mar 2025Mar 20260.00 Cr1.50K Cr3.00K Cr4.50K Cr6.00K Cr
  • Debt
  • Free cash flow
  • Cash & equivalents

Results

MetricDec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales +1,2271,2691,3311,4201,5151,5421,564
Expenses +347375385372374374432
Operating Profit8808949461,0471,1401,1681,133
OPM %72%70%71%74%75%76%72%
Other Income +-255114772109-90181
Interest5554455
Depreciation21242527262828
Profit before tax8289171,0621,0891,2191,0461,281
Tax %24%25%26%23%25%27%25%
Net Profit +632692784835917769965
EPS in Rs357.94391.8644.3947.3318.5515.5519.52
Raw PDF

All values in ₹ Crores unless otherwise stated. Source: Screener Master (Standalone).

Shareholding Pattern

HolderDec 2025Mar 2026Jun 2026
Promoters87.59%87.59%87.59%
FII2.65%2.40%2.96%
DII6.53%7.18%6.80%
Public3.24%2.82%2.65%
Others0.01%
Jun 2026
Promoters
FII
DII
Public

Events Timeline

Annual Report FY26

FY2026PDFCompany Reports Open

Announcement under Regulation 30 (LODR)-Earnings Call Transcript

Jul 16, 2026PDFCompany Reports Open

Concall Transcript - FY2027

Jul 16, 2026PDFKnowledge Base Open

Announcement under Regulation 30 (LODR)-Newspaper Publication

Jul 14, 2026PDFCompany Reports Open

Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome

Jul 13, 2026PDFCompany Reports Open