ICICI Prudential Asset Management Co (NSE:ICICIAMC) ROIC %: 98.52% (As of Mar. 2026)


NSE:ICICIAMC ICICI Prudential Asset Management Co Ltd NSE:ICICIAMC
32 GF Score
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What is ICICI Prudential Asset Management Co ROIC %?

ICICI Prudential Asset Management Co NSE:ICICIAMC -0.68% 32 ROIC % is 98.52% as of Mar. 2026. GuruFocus rates NSE:ICICIAMC with a GF Score™ of 32/100.

ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. ICICI Prudential Asset Management Co's annualized return on invested capital (ROIC %) for the quarter that ended in Mar. 2026 was 98.52%.

As of today (2026-07-13), ICICI Prudential Asset Management Co's WACC % is 13.02%. ICICI Prudential Asset Management Co's ROIC % is 55.24% (calculated using TTM income statement data). ICICI Prudential Asset Management Co generates higher returns on investment than it costs the company to raise the capital needed for that investment. It is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases.


ICICI Prudential Asset Management Co  (NSE:ICICIAMC) ROIC % Explanation

ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. The reason book values of debt and equity are used is because the book values are the capital the company received when issuing the debt or receiving the equity investments.

There are four key components to this definition. The first is the use of operating income or EBIT rather than net income in the numerator. The second is the tax adjustment to this operating income or EBIT, computed as a hypothetical tax based on an effective or marginal tax rate. The third is the use of book values for invested capital, rather than market values. The final is the timing difference; the capital invested is from the end of the prior year whereas the operating income or EBIT is the current year's number.

Why is ROIC % important?

Because it costs money to raise capital. A firm that generates higher returns on investment than it costs the company to raise the capital needed for that investment is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases, whereas a firm that earns returns that do not match up to its cost of capital will destroy value as it grows.

As of today, ICICI Prudential Asset Management Co's WACC % is 13.02%. ICICI Prudential Asset Management Co's ROIC % is 55.24% (calculated using TTM income statement data). ICICI Prudential Asset Management Co generates higher returns on investment than it costs the company to raise the capital needed for that investment. It is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases.


Be Aware

Like ROE % and ROA %, ROIC % is calculated with only 12 months of data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.


ICICI Prudential Asset Management Co ROIC % Related Terms


ICICI Prudential Asset Management Co ROIC % Historical Data

* Premium members only.

The historical data trend for ICICI Prudential Asset Management Co's ROIC % 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 Prudential Asset Management Co ROIC % Chart

ICICI Prudential Asset Management Co Annual Data
Trend Mar23 Mar24 Mar25 Mar26
ROIC %
69.96 78.62 92.27 101.22

ICICI Prudential Asset Management Co Quarterly Data
Mar23 Mar24 Dec24 Mar25 Sep25 Dec25 Mar26
ROIC % Get a 7-Day Free Trial 105.67 93.40 0.00 116.04 98.52

NSE:ICICIAMC vs BLK, BX, KKR: ROIC % Comparison

For the Asset Management subindustry, ICICI Prudential Asset Management Co's ROIC %, along with its competitors' market caps and ROIC % 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 Prudential Asset Management Co ROIC % vs Asset Management Industry

For the Asset Management industry and Financial Services sector, ICICI Prudential Asset Management Co's ROIC % distribution charts can be found below:

* The bar in red indicates where ICICI Prudential Asset Management Co's ROIC % falls into.


NSE:ICICIAMC
32GF Score
ICICI Prudential Asset Management Co Ltd NSE:ICICIAMC
ROIC % is just one metric. See GF Score™, valuation, warning signs, and more.
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ICICI Prudential Asset Management Co ROIC % Calculation

ICICI Prudential Asset Management Co's annualized Return on Invested Capital (ROIC %) for the fiscal year that ended in Mar. 2026 is calculated as:

ROIC % (A: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Mar. 2025 ) + Invested Capital (A: Mar. 2026 ))/ count )
=41883.2 * ( 1 - 25.16% )/( (28135.1 + 33799.2)/ 2 )
=31345.38688/30967.15
=101.22 %

where

Invested Capital(A: Mar. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=43836.8 - 1753.5 - ( 15667.8 - max(0, 4986.1 - 18934.3+15667.8))
=28135.1

Invested Capital(A: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=50503.8 - 1981.9 - ( 17445.8 - max(0, 5490.6 - 20213.3+17445.8))
=33799.2

ICICI Prudential Asset Management Co's annualized Return on Invested Capital (ROIC %) for the quarter that ended in Mar. 2026 is calculated as:

ROIC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=45297.6 * ( 1 - 26.49% )/( (0 + 33799.2)/ 1 )
=33298.26576/33799.2
=98.52 %

where

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=50503.8 - 1981.9 - ( 17445.8 - max(0, 5490.6 - 20213.3+17445.8))
=33799.2

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data. The tax rate is limited to between 0% and 100%.

* 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.

Frequently Asked Questions Learn more about ROIC % →
What does a ROIC % of 98.52% mean?
ICICI Prudential Asset Management Co (NSE:ICICIAMC) has a ROIC % of 98.52% as of Mar. 2026. Return on invested capital is the ratio of current-period net income to average two-period invested capital. View historical data on ICICI Prudential Asset Management Co and its competitors.
Is ICICI Prudential Asset Management Co's ROIC % too high?
ICICI Prudential Asset Management Co's current ROIC % is 98.52%. The Asset Management industry median ROIC % is 1.20. ICICI Prudential Asset Management Co's value of 98.52% is 8144.4% above this industry median. Overall, ICICI Prudential Asset Management Co has a GF Score™ of 32/100, reflecting its overall financial health beyond just this single metric.
How does ICICI Prudential Asset Management Co's ROIC % compare to BLK and BX?
ICICI Prudential Asset Management Co's ROIC % of 98.52% can be compared against companies in the Asset Management industry. The industry median ROIC % is 1.20. ICICI Prudential Asset Management Co's value of 98.52% is 8144.4% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROIC % for an Asset Management company?
The median ROIC % among Asset Management companies is 1.20, based on 712 companies in the industry. Companies in the top quartile (top 25%) have a ROIC % significantly above this median, while those in the bottom quartile fall well below. However, ROIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. ICICI Prudential Asset Management Co's current ROIC % of 98.52% is 8144.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROIC % mean?
A high ROIC % can signal that a stock is expensive relative to its fundamentals. Return on invested capital is the ratio of current-period net income to average two-period invested capital. View historical data on ICICI Prudential Asset Management Co and its competitors. For the Asset Management industry, the median ROIC % is 1.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ICICI Prudential Asset Management Co's current ROIC % is 98.52%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ICICI Prudential Asset Management Co stock overvalued right now?
ICICI Prudential Asset Management Co (NSE:ICICIAMC) has a current ROIC % of 98.52%. The current ROIC % is 98.52% and 8144.4% above the Asset Management industry median of 1.20. ICICI Prudential Asset Management Co's overall GF Score™ is 32/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROIC % calculated?
ROIC % is calculated from a company's financial statements. For ICICI Prudential Asset Management Co (NSE:ICICIAMC), the current ROIC % is 98.52% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

ICICI Prudential Asset Management Co Business Description

Other Exchanges 544658:India
Address ICICI Prudential Mutual Fund Tower, Vakola, Santacruz East, Mumbai, MH, IND, 400055
ICICI Prudential Asset Management Co Ltd is engaged in providing asset management services to ICICI Prudential Mutual Fund, Alternative Investment Fund, and portfolio management and advisory services to clients. The Company offers a suite of investment products and advisory services under its Alternates business, catering to individual investors and institutional investors, including banks, insurance companies, corporates, and government entities. Its alternative investment product portfolio includes PMS, AIFs having equity-focused portfolios with long only and long-short strategies, private credit, and office yield funds. The primary segment of the Company is asset management services. The Company operates within India, which generates maximum revenue, and outside India.
32GF Score

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