ICICI Lombard General Insurance Co (NSE:ICICIGI) Debt-to-EBITDA : (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSE:ICICIGI ICICI Lombard General Insurance Co Ltd NSE:ICICIGI
89 GF Score
Price ₹1,458.10
GF Value ₹2,129.90
Valuation Significantly Undervalued
View Full Analysis

What is ICICI Lombard General Insurance Co Debt-to-EBITDA?

Debt-to-EBITDA measures a company's ability to pay off its debt.

ICICI Lombard General Insurance Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was ₹0 Mil. ICICI Lombard General Insurance Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was ₹0 Mil. ICICI Lombard General Insurance Co's annualized EBITDA for the quarter that ended in Jun. 2026 was ₹21,428 Mil. ICICI Lombard General Insurance Co's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2026 was 0.00.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

The historical rank and industry rank for ICICI Lombard General Insurance Co's Debt-to-EBITDA or its related term are showing as below:

During the past 13 years, the highest Debt-to-EBITDA Ratio of ICICI Lombard General Insurance Co was 0.48. The lowest was 0.01. And the median was 0.24.

NSE:ICICIGI's Debt-to-EBITDA is not ranked *
in the Insurance industry.
Industry Median: 1.24
* Ranked among companies with meaningful Debt-to-EBITDA only.

ICICI Lombard General Insurance Co  (NSE:ICICIGI) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.


Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.


ICICI Lombard General Insurance Co Debt-to-EBITDA Related Terms


ICICI Lombard General Insurance Co Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for ICICI Lombard General Insurance Co's Debt-to-EBITDA can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

ICICI Lombard General Insurance Co Debt-to-EBITDA Chart

ICICI Lombard General Insurance Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

ICICI Lombard General Insurance Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

NSE:ICICIGI vs BRK.A, AIG, HIG: Debt-to-EBITDA Comparison

For the Insurance - Diversified subindustry, ICICI Lombard General Insurance Co's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


ICICI Lombard General Insurance Co Debt-to-EBITDA vs Insurance Industry

For the Insurance industry and Financial Services sector, ICICI Lombard General Insurance Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where ICICI Lombard General Insurance Co's Debt-to-EBITDA falls into.


NSE:ICICIGI
89GF Score
ICICI Lombard General Insurance Co Ltd NSE:ICICIGI
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

ICICI Lombard General Insurance Co Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

ICICI Lombard General Insurance Co's Debt-to-EBITDA for the fiscal year that ended in Mar. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(91.6 + 0) / 39112.1
=0.00

ICICI Lombard General Insurance Co's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2026 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is four times the quarterly (Jun. 2026) EBITDA data.

Is ICICI Lombard General Insurance Co (NSE:ICICIGI) Overvalued in 2026?

Based on GuruFocus' analysis, ICICI Lombard General Insurance Co stock appears to be undervalued. The current stock price of ₹1,458.10 is trading 31.5% below its estimated GF Value™ of ₹2,129.90. GuruFocus considers ICICI Lombard General Insurance Co to be Significantly Undervalued.

Key valuation signals for NSE:ICICIGI:

  • Debt-to-EBITDA:
  • GF Value™: ₹2,129.90 vs. price of ₹1,458.10 (31.5% below fair value)
  • GF Score™: 89/100

No single metric tells the full story. See the NSE:ICICIGI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


ICICI Lombard General Insurance Co Business Description

Other Exchanges 540716:India
Address 414, Veer Savarkar Marg, ICICI Lombard House, Near Siddhivinayak Temple, Prabhadevi, Mumbai, MH, IND, 400 025
ICICI Lombard General Insurance Co Ltd is a general insurance company. Its business segment include Fire; Marine Cargo; Marine, Marine Others, Motor-OD, Motor-TP, Health Insurance, and Personal Accident. The company products include Motor Insurance; Car Insurance; Two Wheeler Insurance; Health Insurance; Complete Health Insurance; Health Booster; Personal Accident Insurance; International Travel Insurance; Home Insurance; Marine Insurance; NRI Insurance Services; Business Insurance; third-party insurance; Crop Insurance and Rural Insurance. Geographically, it operates only in India.
89GF Score

Get the complete analysis for NSE:ICICIGI

Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹1,458.10
Price
₹2,129.90
GF Value