ICICI Bank (HAM:ICBA) Tax Rate %: 24.66% (As of Mar. 2026)

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HAM:ICBA ICICI Bank Ltd HAM:ICBA
81 GF Score
Price €25.60
GF Value €24.24
! 4 Warning Signs
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What is ICICI Bank Tax Rate %?

ICICI Bank HAM:ICBA 81 Tax Rate % is 24.66% as of Mar. 2026. GuruFocus rates HAM:ICBA with a GF Score™ of 81/100 and a GF Value™ of €24.24. The stock has 4 warning signs investors should review.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. ICICI Bank's Tax Expense for the three months ended in Mar. 2026 was €478 Mil. ICICI Bank's Pre-Tax Income for the three months ended in Mar. 2026 was €1,940 Mil. Therefore, ICICI Bank's Tax Rate % for the quarter that ended in Mar. 2026 was 24.66%.

ICICI Bank Tax Rate % Related Terms

ICICI Bank Tax Rate % Historical Data

* Premium members only.

The historical data trend for ICICI Bank's Tax Rate % 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 Bank Tax Rate % Chart

ICICI Bank Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 25.08 25.25 25.07

ICICI Bank Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Tax Rate % 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 25.02 26.08 25.14 24.36 24.66
HAM:ICBA
81GF Score
ICICI Bank Ltd HAM:ICBA
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
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ICICI Bank Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

ICICI Bank's Tax Rate % for the fiscal year that ended in Mar. 2026 is calculated as

Tax Rate %=Tax Expense (A: Mar. 2026 )/Pre-Tax Income (A: Mar. 2026 )
=1806.445/7205.694
=25.07 %

ICICI Bank's Tax Rate % for the quarter that ended in Mar. 2026 is calculated as

Tax Rate %=Tax Expense (Q: Mar. 2026 )/Pre-Tax Income (Q: Mar. 2026 )
=478.298/1939.623
=24.66 %

* 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 Tax Rate % →
What does a Tax Rate % of 24.66% mean?
ICICI Bank (HAM:ICBA) has a Tax Rate % of 24.66% as of Mar. 2026.
Is ICICI Bank's Tax Rate % too high?
ICICI Bank's current Tax Rate % is 24.66%. Overall, ICICI Bank has a GF Score™ of 81/100, reflecting its overall financial health beyond just this single metric.
How does ICICI Bank's Tax Rate % compare to PNC and USB?
ICICI Bank's Tax Rate % of 24.66% can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tax Rate % for a Banks company?
A good Tax Rate % depends on the Banks industry context. However, Tax Rate % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Tax Rate % mean?
A high Tax Rate % can signal that a stock is expensive relative to its fundamentals. ICICI Bank's current Tax Rate % is 24.66%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ICICI Bank stock overvalued right now?
ICICI Bank (HAM:ICBA) has a current Tax Rate % of 24.66%. The stock's GF Value™ is €24.24, compared to a current price of €25.60 — trading 5.6% above its estimated fair value. The current Tax Rate % is 24.66%. ICICI Bank's overall GF Score™ is 81/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Rate % calculated?
Tax Rate % is calculated from a company's financial statements. For ICICI Bank (HAM:ICBA), the current Tax Rate % is 24.66% 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.

Is ICICI Bank (HAM:ICBA) Overvalued in 2026?

Based on GuruFocus' analysis, ICICI Bank stock appears to be overvalued. The current stock price of €25.60 is trading 5.6% above its estimated GF Value™ of €24.24.

Key valuation signals for HAM:ICBA:

  • Tax Rate %: 24.66%
  • GF Value™: €24.24 vs. price of €25.60 (5.6% above fair value)
  • GF Score™: 81/100 with 4 warning signs

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

ICICI Bank Business Description

Address ICICI Bank Towers, Bandra-Kurla Complex, Mumbai, MH, IND, 400 051
ICICI Bank Ltd provides banking services. The company's operating segments include Retail Banking; Wholesale Banking; Treasury, Life insurance, Other Banking Business, and Others. The company generates maximum revenue from the Retail Banking segment which includes exposures of the Bank, which satisfy the four qualifying criteria of a regulatory retail portfolio as stipulated by RBI guidelines on the Basel III framework as well as includes income from credit cards, debit cards, third party product distribution, and the associated costs. Geographical segments include Domestic operations and Foreign operations. The company generates the majority of its revenue from the domestic operations.
81GF Score

Get the complete analysis for HAM:ICBA

Tax Rate % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€25.60
Price
€24.24
GF Value