Slides
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Q1-2026: Performance review July 19, 2025
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2 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 Litigation Reform Act of 1995. Such forward-looking statements involve a number of risks and uncertainties that could cause actual results to differ materially from those in such forward-looking statements. These risks and uncertainties include, but are not limited to statutory and regulatory changes, international economic and business conditions; political or economic instability in the jurisdictions where we have operations or which affect global or Indian economic conditions, increase in non-performing loans, unanticipated changes in interest rates, foreign exchange rates, equity prices or other rates or prices, our growth and expansion in business, the adequacy of our allowance for credit losses, the actual growth in demand for banking products and services, investment income, cash flow projections, our exposure to market risks, changes in India’s sovereign rating, as well as other risks detailed in the reports filed by us with the United States Securities and Exchange Commission. Any forward-looking statements contained herein are based on assumptions that we believe to be reasonable as of the date of this release. ICICI Bank undertakes no obligation to update forward-looking statements to reflect events or circumstances after the date thereof. Additional risks that could affect our future operating results are more fully described in our filings with the United States Securities and Exchange Commission. These filings are available at www.sec.gov.
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Highlights for Q1-2026 3
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4 Key highlights for Q1-2026 (1/2) • Profit before tax excluding treasury grew by 11.4% y-o-y to ₹ 156.90 bn in Q1- 2026 • Core operating profit grew by 13.6% y-o-y to ₹ 175.05 bn • Profit after tax grew by 15.5% y-o-y to ₹ 127.68 bn in Q1-2026 • Period end total deposits grew by 12.8% y-o-y and were flat sequentially • Average deposits grew by 11.2% y-o-y and 3.1% q-o-q at June 30, 2025 • Average savings account deposits increased by 7.6% y-o-y and 3.6% q-o-q • Average current account deposits increased by 11.2% y-o-y and 4.6% q-o-q • Domestic loans grew by 12.0% y-o-y and 1.5% q-o-q • Retail loans grew by 6.9% y-o-y and 0.5% q-o-q • Business banking1 portfolio grew by 29.7% y-o-y and 3.7% q-o-q • Domestic corporate portfolio grew by 7.5% y-o-y and declined by 1.4% q-o-q Earnings Deposits Advances 1. This portfolio comprises borrowers with turnover of upto ₹ 7.50 bn
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5 Key highlights for Q1-2026 (2/2) • Net NPA ratio was 0.41% at Jun 30, 2025 (Jun 30, 2024: 0.43%) • Net additions of ₹ 30.34 bn to gross NPAs in Q1-2026 (Q1-2025: ₹ 26.24 bn) • Provisions of ₹ 18.15 bn in Q1-2026 (0.53% of average advances) • Provision coverage was 75.3% at Jun 30, 2025 • Standard, contingency and other provisions of ₹ 226.64 bn (1.7% of advances) at Jun 30, 2025 • Contingency provisions of ₹ 131.00 bn at Jun 30, 2025 • Common Equity Tier 1 ratio of 16.31%1 (Mar 31, 2025: 15.94%2) • Total capital adequacy ratio of 16.97%1 1. Including profits for Q1-2026 2. Including profits for FY2025 Asset quality Capital
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Operating performance 6
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Profit & loss statement (₹ billion) FY2025 Q1-2025 Q4-2025 Q1-2026 Q1-o-Q1 (%) Net interest income1 811.65 195.53 211.93 216.35 10.6% Non-interest income 266.03 63.89 70.21 72.64 13.7% - Fee income 238.70 54.90 63.06 59.00 7.5% - Dividend income from subsidiaries 26.19 8.94 6.75 13.36 49.5% - Others 1.14 0.05 0.40 0.28 - Core operating income 1,077.68 259.42 282.14 288.99 11.4% Operating expenses 423.72 105.30 107.89 113.94 8.2% - Employee expenses 165.41 43.71 41.05 47.43 8.5% - Non-employee expenses 258.31 61.59 66.84 66.51 8.0% Core operating profit 653.96 154.12 174.25 175.05 13.6% Core operating profit excluding dividend income 627.76 145.18 167.50 161.69 11.4% 7 1. Includes interest on tax refund of ₹ 3.61 bn in Q1-2026 (FY2025: ₹ 1.84 bn, Q1-2025: ₹ 0.17 bn, Q4-2025: ₹ 1.14 bn)
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Profit & loss statement ₹ in billion FY2025 Q1-2025 Q4-2025 Q1-2026 Q1-o-Q1 (%) Core operating profit 653.96 154.12 174.25 175.05 13.6% Provisions 46.83 13.321 8.91 18.15 36.2% Profit before tax excluding treasury 607.13 140.80 165.34 156.90 11.4% Treasury income 19.03 6.13 2.39 12.41 - Profit before tax 626.16 146.93 167.73 169.31 15.2% Tax 153.89 36.34 41.43 41.63 14.6% Profit after tax 472.27 110.59 126.30 127.68 15.5% 8 1. Includes the impact of release of AIF related provisions of ₹ 3.89 billion
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Consolidated P&L and ratios: slide 41-43 Key ratios Percent FY2025 Q1-2025 Q4-2025 Q1-20261 Net interest margin2 4.32 4.36 4.41 4.34 Cost of deposits 4.91 4.84 5.00 4.85 Cost-to-income 38.6 39.7 37.9 37.8 Core operating profit/average assets 3.33 3.29 3.43 3.34 Provisions/core operating profit 7.23 8.63 5.1 10.4 Provisions/average advances 0.363 0.433 0.27 0.53 Return on average assets 2.40 2.36 2.49 2.44 Standalone return on equity 17.9 18.0 18.2 17.1 Weighted average EPS (₹) 67.0 63.1 72.5 71.6 Book value (₹) 410.1 361.0 410.1 429.3 Yield, cost and margin: slide 40 9 1. Annualised on the basis of ‘number of months’ for Q1-2026 (‘number of days’ for previous periods) 2. Impact of interest on tax refund was 7 bps in Q1-2026 (1 bp in FY2025, 2 bps in Q4-2025 and nil in Q1-2025) 3. Includes the impact of release of AIF related provisions of ₹ 3.89 billion
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Unconsolidated segment-wise PBT Profit before tax (₹ billion) FY2025 Q1-2025 Q4-2025 Q1-2026 Retail 216.21 42.39 64.93 47.35 Wholesale 215.64 49.12 55.51 53.87 Treasury 187.61 54.74 44.66 62.61 Others 6.70 0.68 2.63 5.48 Unallocated1 - - - - Total 626.16 146.93 167.73 169.31 101. Represents contingency provision
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Balance sheet growth 11
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Outstanding deposits (₹ billion) Jun 30, 2024 Mar 31, 2025 Jun 30, 2025 Y-o-Y growth % share at Jun 30, 2025 CASA 5,836.71 6,737.29 6,628.13 13.6% 41.2% - Current 1,760.28 2,329.57 2,169.71 23.3% 13.5% - Savings 4,076.43 4,407.72 4,458.42 9.4% 27.7% Term 8,424.79 9,366.19 9,457.04 12.3% 58.8% Total deposits 14,261.50 16,103.48 16,085.17 12.8% 100.0% Balance sheet-liabilities: slide 44-45 Consolidated balance sheet: slide 46 Extensive franchise: slide 47 12
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Average deposits (₹ billion) Q1-2025 Q4-2025 Q1-2026 Y-o-Y growth CASA 5,464.47 5,715.30 5,939.09 8.7% Term 8,322.11 9,151.05 9,393.32 12.9% Total deposits 13,786.58 14,866.35 15,332.41 11.2% Average CASA ratio 39.6% 38.4% 38.7% - 13 • Average current account deposits increased by 11.2% y-o-y and 4.6% sequentially in Q1-2026 • Average savings account deposits increased by 7.6% y-o-y and 3.6% sequentially in Q1-2026
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1. This portfolio comprises borrowers with turnover of upto ₹ 7.50 bn 2. Bill rediscounting scheme/Interbank participatory certificate 3. Includes impact of exchange rate movement 4. Proportions are gross of BRDS/IBPC Loan portfolio • Including non-fund based outstanding, the share of retail portfolio was 43.2% of the total portfolio at Jun 30, 2025 • Of the total domestic loan book, 31% has fixed interest rate, 53% has interest rate linked to repo rate, 15% has interest rate linked to MCLR and other older benchmarks, and 1% has interest rate linked to other external benchmarks Balance sheet-assets: slides 48-49 Portfolio composition: slide 50 14 (₹ billion) Jun 30, 2024 Mar 31, 2025 Jun 30, 2025 Y-o-Y growth % share at Jun 30, 20254 Retail 6,741.38 7,172.23 7,205.40 6.9% 52.2% Rural loans 774.63 783.40 771.51 (0.4%) 5.6% Business banking1 2,105.59 2,633.67 2,730.83 29.7% 19.8% Domestic corporate and others 2,563.77 2,796.51 2,757.32 7.5% 20.0% Total domestic book (gross of BRDS/IBPC) 12,185.38 13,385.81 13,465.06 10.5% 97.6% BRDS/IBPC2 (299.51) (276.00) (153.10) (48.9%) - Total domestic book (net of BRDS/IBPC) 11,885.87 13,109.81 13,311.96 12.0% 97.6% Overseas book3 345.67 307.85 329.61 (4.6%) 2.4% Total advances 12,231.54 13,417.66 13,641.57 11.5% 100.0%
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Retail portfolio 15 (₹ billion) Jun 30, 2024 Mar 31, 2025 Jun 30, 2025 Y-o-Y growth % share at Jun 30, 2025 Mortgages 4,059.96 4,395.84 4,478.85 10.3% 62.2% Vehicle loans 940.72 965.43 962.73 2.3% 13.4% - Auto finance 602.04 619.44 615.31 2.2% 8.5% - Commercial vehicle and equipment 321.18 336.32 340.18 5.9% 4.7% - Two wheeler loans 17.50 9.67 7.24 (58.6%) 0.1% Personal loans 1,183.77 1,215.55 1,200.10 1.4% 16.7% Credit cards 534.72 573.41 542.55 1.5% 7.5% Loan against shares and others 22.22 22.00 21.17 (4.7%) 0.3% Total retail loans 6,741.38 7,172.23 7,205.40 6.9% 100.0%
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Asset quality trends 16
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NPA trends (₹ billion) Jun 30, 2024 Mar 31, 2025 Jun 30, 2025 Gross NPAs1 287.19 241.66 247.33 Less: cumulative provisions 230.34 185.77 187.62 Net NPAs1 56.85 55.89 59.71 Gross NPA ratio1 2.15% 1.67% 1.67% Net NPA ratio1 0.43% 0.39% 0.41% Provision coverage ratio 79.7% 76.2% 75.3% 171. Based on customer assets Retail and rural NPAs: slide 51
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NPA movement1 18 1. Based on customer assets 2. Includes additions of ₹ 7.14 bn from kisan credit card portfolio 3. Includes additions of ₹ 7.67 bn from kisan credit card portfolio ₹ billion FY2025 Q1-2025 Q4-2025 Q1-2026 Opening gross NPA 279.62 279.62 277.45 241.66 Add: gross additions (1) 202.11 59.16 51.42 62.45 - Retail and rural 176.44 52.042 43.39 51.933 - Corporate and business banking 25.67 7.12 8.03 10.52 Less: recoveries, upgrades and others (2) 117.62 32.92 38.17 32.11 - Retail and rural 93.93 25.32 30.39 25.25 - Corporate and business banking 23.69 7.60 7.78 6.86 Net additions (1)-(2) 84.49 26.24 13.25 30.34 Less: write-offs 92.71 17.53 21.18 23.59 : sale of NPAs 29.74 1.14 27.86 1.08 Closing gross NPAs 241.66 287.19 241.66 247.33
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19 1. Includes standard borrowers under resolution as per various RBI frameworks 2. Excludes banks, investments and fund and non-fund based outstanding to NPAs 3. Fund-based and non-fund based outstanding (₹ billion) Jun 30, 2024 Mar 31, 2025 Jun 30, 2025 1 Resolution under RBI frameworks Retail and rural1 23.25 17.55 16.22 Corporate and business banking1 4.10 2.01 1.66 Total fund based o/s1 27.35 19.56 17.88 2 Corporate: BB and below outstanding2 - Fund and non-fund o/s to borrowers with loans under resolution 5.43 - - - Other borrowers with o/s greater than ₹ 1.00 bn3 27.22 23.90 24.58 - Other borrowers with o/s less than ₹ 1.00 bn3 8.99 4.64 5.37 Total 41.64 28.54 29.95 3 Non-fund o/s to NPAs 35.43 30.75 32.98 Other portfolios • Other than two accounts, the maximum single borrower outstanding in the BB and below portfolio was less than ₹ 5.00 billion at June 30, 2025
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Standard assets and other provisions1,2 20 (₹ billion) Jun 30, 2024 Mar 31, 2025 Jun 30, 2025 Total provisions 234.03 226.51 226.64 -- of which contingency provisions 131.00 131.00 131.00 Total as a % of net advances 1.9% 1.7% 1.7% 1. Excludes specific provisions on fund-based outstanding to borrowers classified as non-performing 2. Includes general provision on standard assets, contingency provisions, provisions held for non fund based outstanding to borrowers classified as non-performing, fund and non-fund based outstanding to standard borrowers under resolution and BB and below corporate portfolio
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Loan portfolio information 21
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Diversified and granular loan book 22 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 43.2% of the total portfolio at Jun 30, 2025 52.2% of total loans are retail3Breakup of loan portfolio1 at Jun 30, 2025 2
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Mortgage portfolio 23 Mortgage portfolio includes home loans ~66%, top-up loans given to existing home loan customers 6%, non-residential loans ~6% and loan against property ~17% ~85% Mortgage customers have existing relationship with the Bank ~ ₹ 3.8 mn Average ticket size of home loan ~60% Average loan- to-value ratio of home loan ~40% Average loan-to- value ratio of loan against property iLens, an integrated, end-to-end, retail lending solution, covering all facets of loan lifecycle starting from sourcing till disbursement for all kind of customers. It is a single interface for employees, third party agencies and sourcing channels Home loans are geographically well diversified, built on fundamental premises of cashflow assessment of underlying borrower + meeting the legal and technical standards of the Bank for the property being mortgaged Loan against property portfolio has conservative loan to value ratios, lending based on cash flows of business/individuals with limited reliance on the value of collateral; valuation of the property is carried out internally
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Rural and personal loan and credit card portfolio 24 Rural loans Personal loans and credit cards ~ 65% Portfolio to existing customers ~ 85% Portfolio of salaried individuals Gold loans comprise ~2% and kisan credit cards comprise ~2% of the total loan book Through API integration with Bharat Bill Payment System, customers can instantly pay interest on their overdraft facilities; eliminates branch visits to service their loans Leverage opportunities for growth in identified ecosystems such as farmers, dealers, self- employed, corporates, institutions and micro-entrepreneurs Growth in retail credit card spends driven by ▪ Improvement in discretionary spending ▪ higher activation rate through digital onboarding of customers, including Amazon Pay credit cards
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Business banking portfolio 25 ~70% of the portfolio by value having ticket size < ₹ 10 crore Focus on parameterised and programme based lending, granularity, collateral and robust monitoring; well diversified portfolio across sectors and geographies Growth driven by leveraging branch network and digital platforms such as InstaBIZ, Merchant STACK and Trade Online and efforts towards process decongestion such as e- signing of disbursement documents through EazySign Primary collateral in the business banking portfolio in the form of charge on current assets and backed by property
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Rating-wise loan book for corporate portfolio 26 Rating category1 Mar 31, 2021 Mar 31, 2022 Mar 31, 2023 Mar 31, 2024 Mar 31, 2025 Jun 30, 2025 AA- and above 43.4% 46.4% 45.0% 38.3% 35.9% 33.1% A+, A, A- 27.2% 31.0% 35.6% 40.2% 38.9% 40.1% A- and above 70.6% 77.4% 80.6% 78.5% 74.8% 73.2% BBB+,BBB, BBB- 24.1% 19.1% 17.9% 20.0% 24.1% 26.0% BB and below 3.9% 2.6% 1.0% 1.0% 0.7% 0.6% Non-performing loans 1.3% 0.6% 0.3% 0.1% 0.1% 0.1% Unrated 0.1% 0.3% 0.2% 0.4% 0.3% 0.1% Total 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% Total net loans corporate portfolio (₹ billion) 2,083 2,257 2,525 2,689 2,990 2,992 1. Based on internal ratings
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Exposure to power sector (₹ billion) Jun 30, 2024 Mar 31, 2025 Jun 30, 2025 Share at Jun 30, 2025 (%) Borrowers classified as NPA or part of BB and below portfolio1 9.90 8.58 8.57 1.6% Other borrowers 507.02 493.09 534.52 98.4% Total 516.92 501.67 543.09 100.0% • Of the other borrowers aggregating ₹ 534.52 billion, excluding exposure to State Electricity Boards, about 87% was rated A- and above Sector-wise exposures: slide 52 271. Including loans restructured or under a RBI resolution scheme
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NBFCs, HFCs and builder portfolio Outstanding (₹ billion) Jun 30, 2024 Mar 31, 2025 Jun 30, 2025 NBFCs/HFCs1 854.12 918.38 874.17 Builder portfolio (construction finance, lease rental discounting, term loans and working capital) 521.30 616.24 628.33 281. Includes loans, investment and non-fund based outstanding • Proportion of the NBFCs/HFCs portfolio internally rated BB and below or non-performing at Jun 30, 2025 was < 0.5% • 1.9% of the builder portfolio at Jun 30, 2025 was either internally rated BB and below or classified as non-performing
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Portfolio of overseas branches 29 Total outstanding1 at Jun 30, 2025: USD 3.22 billion 1. Corporate fund and non-fund outstanding of overseas branches, net of cash/bank/insurance backed lending
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Concentration risk ratios • All top 20 borrowers as of Jun 30, 2025 are rated A- and above internally Advances Mar 31, 2021 Mar 31, 2022 Mar 31, 2023 Mar 31, 2024 Dec 31, 2024 Mar 31, 2025 Jun 30, 2025 Exposure to top 20 borrowers1 as a % of total exposure 12.1% 9.6% 8.5% 8.3% 7.5% 7.5% 7.1% Exposure to top 10 groups as a % of total exposure 11.6% 10.3% 10.1% 10.0% 9.7% 9.6% 9.6% 30 1. Excludes banks Deposits Mar 31, 2021 Mar 31, 2022 Mar 31, 2023 Mar 31, 2024 Dec 31, 2024 Mar 31, 2025 Jun 30, 2025 Exposure to top 20 depositors1 as a % of total deposits 5.38% 5.26% 3.46% 3.44% 3.59% 4.16% 4.15%
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Capital 31
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Standalone capital adequacy Mar 31, 20251 Jun 30, 20252 (₹ billion) % (₹ billion) % Total capital 2,666.62 16.55% 2,690.28 16.31% - Tier I 2,567.38 15.94% 2,580.96 15.65% - of which: CET1 2,567.38 15.94% 2,580.96 15.65% - Tier II3 99.24 0.61% 109.32 0.66% Risk weighted assets 16,111.04 16,489.66 - On balance sheet 14,356.27 14,642.55 - Off balance sheet 1,754.77 1,847.11 • Including profits for Q1-2026, CET1 ratio was 16.31%, Tier I ratio was 16.31% and total capital adequacy ratio was 16.97% at Jun 30, 2025 1. After reckoning the impact of proposed dividend 2. Excluding profits for Q1-2026 3. The Bank has issued Basel III compliant Tier II bonds amounting to ₹ 10.00 billion during Q1-2026 Consolidated capital adequacy: slide 53 32
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Group companies 33
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Profit after tax of key subsidiaries 1. As per Ind AS 2. Represents total comprehensive income Details on key subsidiaries: slides 54-59 34 Profit after tax (₹ billion) FY2025 Q1-2025 Q4-2025 Q1-2026 ICICI Prudential Life Insurance 11.89 2.25 3.86 3.02 ICICI Lombard General Insurance 25.08 5.80 5.10 7.47 ICICI Prudential Asset Management1 26.51 6.33 6.92 7.82 ICICI Securities (Consolidated)1 19.42 5.27 3.81 3.91 ICICI Securities Primary Dealership1,2 5.37 0.89 1.15 4.44 ICICI Home Finance1 7.44 1.17 2.41 2.14 ICICI Venture 0.15 (0.01) 0.15 (0.01) ICICI Bank UK (USD million) 26.8 7.7 6.0 5.9 ICICI Bank Canada (CAD million) 71.6 20.3 12.5 7.8
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Key subsidiaries ICICI Prudential Life Insurance • Annualised premium equivalent (APE) was ₹ 18.64 billion in Q1-2026 compared to ₹ 19.63 billion in Q1-2025 • Value of new business (VNB) was ₹ 4.57 billion in Q1-2026 compared to ₹ 4.72 billion in Q1-2025 • New business sum assured grew by 36.3% y-o-y in Q1-2026 ICICI Lombard General Insurance1 • GDPI increased to ₹ 77.35 billion in Q1-2026 from ₹ 76.88 billion in Q1-2025 • Leading private sector non-life insurer with market share2 of 9.8% at June 30, 2025 ICICI Securities • Total assets3 grew by 15.4% y-o-y to ₹ 8.55 trillion in Q1-2026 • Market share in MTF4 of about 17.0% at June 30, 2025 35 1. With effect from October 1, 2024, long-term products are accounted on 1/n basis, as mandated by IRDAI, hence Q1-2026 numbers are not fully comparable with prior periods 2. Based on GDPI (Gross Direct Premium Income) 3. Including equity demat assets maintained with ICICI Bank and excluding promoter holding, as on June 30, 2025 4. Margin Trading Funding
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Environmental, Social and Governance (ESG) initiatives 36
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ESG @ ICICI Bank 37 Environment Social Governance Promoting sustainable environmental practices • Green financing portfolio (as per internal Framework for Sustainable Financing) was ₹ 296.01 billion as on March 31, 2025 • In FY2025, renewable power comprised 38% of total electricity consumption • 29.6 million sheets of paper saved through digital initiatives; 80% of pre- printed forms used at business centres were FSC-certified recycled paper • 1.2 million trees planted in FY2025 through CSR initiatives Striving to create value for all stakeholders • Commitment to Tata Memorial Centre for setting up three new cancer care facilities enhanced to ₹ 18.38 billion; foundation stone for facility at Visakhapatnam laid in June 2025 • Positively impacted 18.9 million individuals through CSR initiatives; about 50% of CSR budget allocated for healthcare projects • About 10 million employee learning hours in FY2025 Being responsible and transparent in business • Committed to principles of Board independence, accountability and transparency • Board maintains regular oversight on ESG and climate risk related developments, including action plan to achieve carbon neutrality by 2032 • Introduced digital tool for end-to- end ESG data management, enable calculation of emissions across all categories, monitoring of targets and reporting Recognised by Business Today as the “Most Sustainable Company” in the large bank category
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Thank you
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Additional financial information 39
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Yield, cost and margin 1. Annualised on the basis of ‘number of months’ for Q1-2026 (‘number of days’ for previous periods) 2. Impact of interest on tax refund was 7 bps in Q1-2026 (1 bp in FY2025, 2 bps in Q4-2025 and nil in Q1-2025) 40 slide 9 Movement in yield, costs & margins (Percent) FY2025 Q1-2025 Q4-2025 Q1-20261 Yield on total interest-earning assets 8.69 8.69 8.82 8.61 - Yield on advances 9.76 9.80 9.86 9.53 Cost of funds 5.10 5.05 5.18 5.02 - Cost of deposits 4.91 4.84 5.00 4.85 Net interest margin2 4.32 4.36 4.41 4.34 - Domestic 4.40 4.44 4.48 4.40 - Overseas 1.21 1.32 1.01 0.95
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Consolidated profit & loss statement (1/2) 41 (₹ billion) FY2025 Q1-2025 Q4-2025 Q1-2026 Q1-o-Q1 growth Net interest income 973.04 234.60 253.40 259.90 10.8% Non-interest income 1,082.55 226.88 313.61 254.96 12.4% - Fee income 322.25 75.53 82.96 79.94 5.8% - Premium income 709.01 135.67 223.73 147.36 8.6% - Other income 51.29 15.68 6.92 27.66 76.4% Total income 2,055.59 461.48 567.01 514.86 11.6% Operating expenses 1,278.00 280.71 366.48 301.69 7.5% Operating profit 777.59 180.77 200.53 213.17 17.9%
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Consolidated profit & loss statement (2/2) 42 (₹ billion) FY2025 Q1-2025 Q4-2025 Q1-2026 Q1-o-Q1 growth Operating profit 777.59 180.77 200.53 213.17 17.9% Provisions 49.06 13.16 9.41 18.22 38.4% Profit before tax 728.53 167.61 191.12 194.95 16.3% Tax 184.35 43.55 47.89 51.01 17.1% Share in profit of associates 1.51 0.57 0.30 0.63 10.5% Minority interest 35.40 7.67 8.51 8.99 17.2% Profit after tax 510.29 116.96 135.02 135.58 15.9%
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Key ratios (consolidated) 43 slide 9 Percent FY2025 Q1-2025 Q4-2025 Q1-2026 Return on equity 18.0 17.7 18.1 16.9 Weighted average EPS (₹) 72.4 66.7 76.4 76.1 Book value (₹) 429 383 429 450
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Balance sheet: liabilities (₹ billion) Jun 30, 2024 Mar 31, 2025 Jun 30, 2025 Net worth 2,539.94 2,920.77 3,063.21 - Equity capital 14.07 14.25 14.27 - Reserves 2,525.87 2,906.52 3,048.94 Deposits 14,261.50 16,103.48 16,085.17 - Current 1,760.28 2,329.57 2,169.71 - Savings 4,076.43 4,407.72 4,458.42 - Term 8,424.79 9,366.19 9,457.04 Borrowings1 1,201.47 1,235.38 1,170.95 Other liabilities 924.06 922.77 919.06 Total liabilities 18,926.97 21,182.40 21,238.39 • Credit/deposit ratio of 83.8% on the domestic balance sheet at Jun 30, 2025 (Mar 31, 2025: 82.4%; Jun 30, 2024: 84.2%) 1. Including impact of rupee depreciation 44
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Composition of borrowings (₹ billion) Jun 30, 2024 Mar 31, 2025 Jun 30, 2025 Domestic 935.71 991.22 946.67 - Capital instruments 28.62 19.51 29.64 1 - Other borrowings 907.09 971.71 917.03 - Long term infrastructure bonds 456.19 417.69 417.69 - Refinance 358.85 433.26 389.23 Overseas borrowings2 265.76 244.16 224.28 Total borrowings 1,201.47 1,235.38 1,170.95 1. The Bank has issued Basel III compliant Tier II bonds amounting to ₹ 10.00 billion during Q1-2026 2. Including impact of rupee depreciation 45 slide 12
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Consolidated balance sheet (₹ billion) Jun 30, 2024 Mar 31, 2025 Jun 30, 2025 Cash & bank balances 1,345.09 2,140.23 1,968.21 Investments 8,577.94 8,863.77 9,058.84 Advances 13,030.46 14,206.64 14,455.93 Fixed & other assets 1,120.46 1,211.77 1,203.38 Total assets 24,073.95 26,422.41 26,686.36 , Net worth 2,727.10 3,139.06 3,296.15 Minority interest 143.97 148.37 158.14 Deposits 14,567.33 16,416.37 16,411.37 Borrowings 2,060.33 2,188.83 2,151.49 Liabilities on policies in force 2,953.81 2,943.06 3,081.20 Other liabilities 1,621.41 1,586.72 1,588.01 Total liabilities 24,073.95 26,422.41 26,686.36 46 slide 12
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Branch and ATM network Branches Mar 31, 2021 Mar 31, 2022 Mar 31, 2023 Mar 31, 2024 Mar 31, 2025 Jun 30, 2025 % share at Jun 30, 2025 Metro 1,542 1,567 1,709 1,907 2,079 2,121 30.0% Urban 1,063 1,074 1,160 1,310 1,422 1,443 20.4% Semi urban 1,537 1,599 1,712 1,838 1,905 1,914 27.1% Rural 1,124 1,178 1,319 1,468 1,577 1,588 22.5% Total branches 5,266 5,418 5,900 6,523 6,983 7,066 100.0% Total ATMs and CRMs1 16,834 16,609 16,650 17,190 16,285 13,376 47 slide 12 1. Cash Recycling Machines
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Balance sheet: assets (₹ billion) Jun 30, 2024 Mar 31, 2025 Jun 30, 2025 Cash & bank balances 1,106.63 1,855.62 1,645.98 Investments 4,752.56 5,047.57 5,077.07 - SLR investments 3,794.37 3,996.87 3,920.27 - Equity investment in subsidiaries 121.41 191.361 191.46 Advances 12,231.54 13,417.66 13,641.57 Fixed & other assets 836.24 861.55 873.77 - RIDF2 and related 191.26 134.93 127.93 Total assets 18,926.97 21,182.40 21,238.39 48 1. Pursuant to the Scheme of Arrangement amongst ICICI Bank Limited and ICICI Securities Limited and their respective shareholders, ICICI Securities Limited has been delisted from stock exchanges on March 24, 2025 and became a wholly-owned subsidiary of the Bank. 2. Rural Infrastructure Development Fund
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Equity investment in subsidiaries 49slide 14 (₹ billion) Jun 30, 2024 Mar 31, 2025 Jun 30, 2025 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 9.70 ICICI Home Finance 18.62 18.62 18.62 ICICI Securities Limited 1.22 71.171 71.27 ICICI Securities Primary Dealership 1.58 1.58 1.58 ICICI AMC 0.61 0.61 0.61 ICICI Venture Funds Mgmt 0.05 0.05 0.05 I-Process Services 0.13 0.13 0.13 Others 0.29 0.29 0.29 Total 121.41 191.36 191.46 1. Pursuant to the Scheme of Arrangement amongst ICICI Bank Limited and ICICI Securities Limited and their respective shareholders, ICICI Securities Limited has been delisted from stock exchanges on March 24, 2025 and became a wholly-owned subsidiary of the Bank.
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Portfolio composition Jun 30, 2024 Mar 31, 2025 Jun 30, 2025 Domestic 94.3% 95.3% 95.2% International 5.7% 4.7% 4.8% Total consolidated advances (₹ billion) 13,030 14,207 14,456 50 slide 14
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Retail and rural NPAs 51 slide 17 ₹ in billion Jun 30, 2024 Mar 31, 2025 Jun 30, 2025 Gross retail and rural NPAs 127.87 127.16 132.96 - as a % of gross advances 1.68% 1.58% 1.65% Net retail and rural NPAs 43.32 42.14 43.58 - as a % of net advances 0.58% 0.53% 0.55%
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Sector-wise exposures Top 10 sectors1,2: % of total exposure of the Bank Mar 31, 2021 Mar 31, 2022 Mar 31, 2023 Mar 31, 2024 Mar 31, 2025 Jun 30, 2025 Retail finance3 29.8% 35.9% 37.9% 39.1% 37.4% 36.9% Services – finance 10.2% 9.1% 8.9% 8.1% 8.1% 7.8% Wholesale/retail trade 4.8% 4.2% 5.1% 5.8% 6.5% 6.5% Banks 7.9% 7.9% 6.0% 4.5% 4.9% 5.2% Services - non finance 3.2% 3.1% 3.4% 3.7% 4.4% 4.3% Rural 5.4% 4.7% 4.5% 4.6% 4.2% 4.0% Electronics & engineering 4.7% 4.3% 4.0% 4.0% 4.4% 3.7% Construction 2.5% 2.4% 2.4% 2.4% 2.7% 3.3% Road, port, telecom, urban development & other infra 3.6% 3.2% 3.0% 3.0% 3.2% 3.2% of which: Telecom 1.6% 1.4% 1.4% 1.3% 1.1% 1.0% Real estate 1.9% 2.2% 2.4% 2.5% 2.6% 2.8% Crude petroleum/refining & petrochemicals 4.9% 4.1% 3.8% 3.5% 2.8% 2.7% Total (₹ billion) 14,223 16,648 20,245 23,840 27,005 27,640 1. Top 10 based on position at Jun 30, 2025 2. Previous period numbers have been re-classified 3. From Mar 31, 2022, the Bank has started reporting rural portfolio separately from retail finance. 52 slide 27
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Consolidated capital adequacy Basel III (%) Mar 31, 20251 Jun 30, 20252 Total capital 16.41% 16.14% - Tier I 15.81% 15.49% - of which: CET 1 15.81% 15.49% - Tier II 0.60% 0.65% 1. After reckoning the impact of proposed dividend 2. Excluding profits for Q1-2026 53 slide 32 • Including profits for Q1-2026, CET 1 ratio was 16.11%, Tier I ratio was 16.11% and total capital adequacy ratio was 16.75% at Mar 31, 2025
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Insurance entities ICICI Life (₹ billion) FY2025 Q1-2025 Q4-2025 Q1-2026 Annualised premium equivalent 104.07 19.63 35.02 18.64 - Of which: protection 16.38 3.55 4.72 4.09 Assets under management 3,093.59 3,088.75 3,093.59 3,244.89 Cost/Total premium1 18.1% 24.0% 14.9% 21.2% 1. Total cost including commission and excluding interest on sub-debt/ Total premium 2. With effect from October 1, 2024, long-term products are accounted on 1/n basis, as mandated by IRDAI, hence Q1-2026 numbers are not fully comparable with prior periods 3. Annualised for all interim periods ICICI General2 (₹ billion) FY2025 Q1-2025 Q4-2025 Q1-2026 Gross written premium 282.58 79.31 69.04 80.53 Combined ratio 102.8% 102.3% 102.5% 102.9% Return on average equity3 19.1% 19.1% 14.5% 20.5% 54
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ICICI Bank UK (USD million) FY2025 Q1-2025 Q4-2025 Q1-2026 Net interest income 65.9 16.2 16.7 17.0 Operating profit 35.3 9.1 7.6 8.2 Loans and advances 1,148.8 1,102.6 1,148.8 1,167.5 Deposits 1,886.7 1,599.4 1,886.7 2,045.1 - Retail term deposits 558.5 656.2 558.5 502.1 Capital adequacy ratio 22.6% 23.2% 22.6% 21.8% - Tier I 19.6% 20.0% 19.6% 18.9% Net impaired loans 2.3 10.9 2.3 0.0 55
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ICICI Bank UK1 Asset profile Liability profile Total liabilities: USD 2.60 bnTotal assets: USD 2.60 bn 56 1. At Jun 30, 2025 2. Includes cash & advances to banks and T Bills 3. Includes Interbank lending of more than 3 months 2 3
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ICICI Bank Canada (CAD million) FY2025 Q1-2025 Q4-2025 Q1-2026 Net interest income 113.4 31.2 24.3 22.3 Operating profit 95.7 27.2 16.1 11.4 Loans and advances 4,460.9 5,063.3 4,460.9 4,115.4 - Residential mortgages 2,738.9 3,417.4 2,738.9 2,498.3 Deposits 2,931.7 3,142.8 2,931.7 2,793.8 Capital adequacy ratio 18.4% 18.9% 18.4% 19.6% - Tier I 18.0% 18.3% 18.0% 19.1% Net impaired loans 20.5 14.3 20.5 21.8 57
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ICICI Bank Canada1 Liability profileAsset profile Total liabilities: CAD 4.89 bnTotal assets: CAD 4.89 bn 58 1. At Jun 30, 2025 2. Includes government securities and cash & placements with banks 3. Insured mortgages include CAD 1,502.6 million of securitised mortgages at Jun 30, 2025 (Mar 31, 2025 : CAD 1,686.4 million ) 4. As per IFRS, proceeds of CAD 1,495.7 million at Jun 30, 2025 (Mar 31, 2025: CAD 1,678.2 million) on securitisation of residential mortgages are considered a part of borrowings 3 2 4
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ICICI Home Finance1 (₹ billion) Mar 31, 2025 Jun 30, 2025 Loans and advances 281.20 290.31 Gross impaired loans (stage 3) 4.32 4.77 Net impaired loans (stage 3) 2.86 3.17 Capital adequacy ratio 19.9% 19.5% 1. As per Ind AS 59 slide 34