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ICICI Prudential Life Insurance Company Limited (BOM:540133) Retained Earnings : ₹3,453 Mil (As of Mar. 2024)


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What is ICICI Prudential Life Insurance Company Limited Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. ICICI Prudential Life Insurance Company Limited's retained earnings for the quarter that ended in Mar. 2024 was ₹3,453 Mil.

ICICI Prudential Life Insurance Company Limited's quarterly retained earnings increased from Sep. 2023 (₹4,973 Mil) to Dec. 2023 (₹6,122 Mil) but then declined from Dec. 2023 (₹6,122 Mil) to Mar. 2024 (₹3,453 Mil).

ICICI Prudential Life Insurance Company Limited's annual retained earnings increased from Mar. 2022 (₹42,067 Mil) to Mar. 2023 (₹50,870 Mil) but then declined from Mar. 2023 (₹50,870 Mil) to Mar. 2024 (₹3,453 Mil).


ICICI Prudential Life Insurance Company Limited Retained Earnings Historical Data

The historical data trend for ICICI Prudential Life Insurance Company Limited's Retained Earnings 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.

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ICICI Prudential Life Insurance Company Limited Retained Earnings Chart

ICICI Prudential Life Insurance Company Limited Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23,216.42 42,163.93 42,067.27 50,870.18 3,452.90

ICICI Prudential Life Insurance Company Limited Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Retained Earnings 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 50,870.18 4,902.70 4,973.30 6,122.20 3,452.90

ICICI Prudential Life Insurance Company Limited Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.


ICICI Prudential Life Insurance Company Limited  (BOM:540133) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.


ICICI Prudential Life Insurance Company Limited (BOM:540133) Business Description

Traded in Other Exchanges
Address
1089 Appasaheb Marathe Marg, ICICI Pru Life Towers, 1st and 2nd Floor, Cnergy IT Park, Prabhadevi, Mumbai, MH, IND, 400025
ICICI Prudential Life Insurance Company Limited offers products across savings, investments, and protection categories that match the different life stage requirements of customers and enable them to achieve their long-term financial goals. The company has developed and implemented various initiatives to provide cost-effective products, superior quality services, consistent fund performance, and a hassle-free claim settlement experience to customers. Its segments are Par Life, Par Pension, Non Par Life, Non Par Pension, Non Par Variable, Non Par Variable Pension, Annuity Non Par, Health, Linked Life, Linked Pension, Linked Health, Linked Group Life, Linked Group Pension, and Group Pension Share holders.

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