{"id":123149,"date":"2026-06-18T17:28:27","date_gmt":"2026-06-18T11:58:27","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=123149"},"modified":"2026-06-18T17:28:28","modified_gmt":"2026-06-18T11:58:28","slug":"icici-bank-q1-fy27-results-preview","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/icici-bank-q1-fy27-results-preview\/","title":{"rendered":"ICICI Bank Q1 FY27 Results Preview: What to Expect"},"content":{"rendered":"<p style=\"border-left: 4px solid #1F4E79; background: #EBF3FB; padding: 10px 16px; font-style: italic;\"><em>ICICI Bank Q1 FY27E: NII Rs 21,800 Cr (Motilal). PAT Rs 12,800 Cr. NIM 4.35%. RoA est. 2.3%. Results expected in Q1 FY27.<\/em><\/p>\n<p>The <a href=\"https:\/\/univest.in\/user\/stocks\/icicibank\/icici-bank-ltd-share-price-today\">ICICI Bank<\/a> Q1 FY27 results preview from major brokerages including Motilal Oswal, HDFC Securities and Kotak Equities signals a market-watched quarter. Analysts have published their estimates based on company guidance, sector trends and macroeconomic inputs from the HDFC Securities Q4FY26 Quarterly Flipbook and individual brokerage previews.<\/p>\n<p style=\"margin-top: 24px;\"><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&amp;utm_medium=icici-bank-q1-fy27-preview\"><strong>Click Here &#8211; Get Free Investment Predictions<\/strong><\/a><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/icici-bank-q1-fy27-results-preview\/#ICICI_Bank_Q1_FY27_Results_Preview_at_a_Glance\" title=\"ICICI Bank Q1 FY27 Results Preview at a Glance\">ICICI Bank Q1 FY27 Results Preview at a Glance<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/icici-bank-q1-fy27-results-preview\/#Key_Factors_Driving_ICICI_Bank_Q1_FY27_Performance\" title=\"Key Factors Driving ICICI Bank Q1 FY27 Performance\">Key Factors Driving ICICI Bank Q1 FY27 Performance<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/icici-bank-q1-fy27-results-preview\/#1_Sustained_NIM_Above_43_Despite_Rate_Cuts\" title=\"1. Sustained NIM Above 4.3% Despite Rate Cuts\">1. Sustained NIM Above 4.3% Despite Rate Cuts<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/icici-bank-q1-fy27-results-preview\/#2_Retail_Loan_Growth_and_Mix_Improvement\" title=\"2. Retail Loan Growth and Mix Improvement\">2. Retail Loan Growth and Mix Improvement<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/icici-bank-q1-fy27-results-preview\/#3_Asset_Quality_Improvement_and_Credit_Cost_Decline\" title=\"3. Asset Quality Improvement and Credit Cost Decline\">3. Asset Quality Improvement and Credit Cost Decline<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/icici-bank-q1-fy27-results-preview\/#Analyst_Estimates_for_ICICI_Bank_Q1_FY27_Results\" title=\"Analyst Estimates for ICICI Bank Q1 FY27 Results\">Analyst Estimates for ICICI Bank Q1 FY27 Results<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/icici-bank-q1-fy27-results-preview\/#Key_Risks_to_ICICI_Bank_Q1_FY27_Performance\" title=\"Key Risks to ICICI Bank Q1 FY27 Performance\">Key Risks to ICICI Bank Q1 FY27 Performance<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/icici-bank-q1-fy27-results-preview\/#1_Unsecured_Lending_Stress\" title=\"1. Unsecured Lending Stress\">1. Unsecured Lending Stress<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/icici-bank-q1-fy27-results-preview\/#2_MFI_Portfolio_Stress\" title=\"2. MFI Portfolio Stress\">2. MFI Portfolio Stress<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/icici-bank-q1-fy27-results-preview\/#3_Slower_Fee_Income_Growth\" title=\"3. Slower Fee Income Growth\">3. Slower Fee Income Growth<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/icici-bank-q1-fy27-results-preview\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/icici-bank-q1-fy27-results-preview\/#Frequently_Asked_Questions_on_ICICI_Bank_Q1_FY27_Results_Preview\" title=\"Frequently Asked Questions on ICICI Bank Q1 FY27 Results Preview\">Frequently Asked Questions on ICICI Bank Q1 FY27 Results Preview<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/icici-bank-q1-fy27-results-preview\/#When_will_ICICI_Bank_Q1_FY27_results_be_declared\" title=\"When will ICICI Bank Q1 FY27 results be declared?\">When will ICICI Bank Q1 FY27 results be declared?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/icici-bank-q1-fy27-results-preview\/#What_PAT_is_expected_from_ICICI_Bank_in_Q1_FY27\" title=\"What PAT is expected from ICICI Bank in Q1 FY27?\">What PAT is expected from ICICI Bank in Q1 FY27?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/icici-bank-q1-fy27-results-preview\/#What_NIM_is_expected_from_ICICI_Bank_in_Q1_FY27\" title=\"What NIM is expected from ICICI Bank in Q1 FY27?\">What NIM is expected from ICICI Bank in Q1 FY27?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/univest.in\/blogs-2\/icici-bank-q1-fy27-results-preview\/#What_NII_is_expected_from_ICICI_Bank_in_Q1_FY27\" title=\"What NII is expected from ICICI Bank in Q1 FY27?\">What NII is expected from ICICI Bank in Q1 FY27?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/univest.in\/blogs-2\/icici-bank-q1-fy27-results-preview\/#What_is_the_GNPA_expectation_for_ICICI_Bank_in_Q1_FY27\" title=\"What is the GNPA expectation for ICICI Bank in Q1 FY27?\">What is the GNPA expectation for ICICI Bank in Q1 FY27?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/univest.in\/blogs-2\/icici-bank-q1-fy27-results-preview\/#What_are_the_key_risks_for_ICICI_Bank_Q1_FY27\" title=\"What are the key risks for ICICI Bank Q1 FY27?\">What are the key risks for ICICI Bank Q1 FY27?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-19\" href=\"https:\/\/univest.in\/blogs-2\/icici-bank-q1-fy27-results-preview\/#Where_can_I_track_ICICI_Bank_Q1_FY27_results_live\" title=\"Where can I track ICICI Bank Q1 FY27 results live?\">Where can I track ICICI Bank Q1 FY27 results live?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"ICICI_Bank_Q1_FY27_Results_Preview_at_a_Glance\"><\/span><strong>ICICI Bank Q1 FY27 Results Preview at a Glance<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"width: 100%; border-collapse: collapse; font-size: 14px; margin: 16px 0;\">\n<tbody>\n<tr style=\"background: #EBF3FB;\">\n<th style=\"border: 1px solid #D0D7E2; padding: 9px 14px; text-align: left;\"><strong>Metric<\/strong><\/th>\n<th style=\"border: 1px solid #D0D7E2; padding: 9px 14px; text-align: left;\"><strong>Q1 FY26 (Actual)<\/strong><\/th>\n<th style=\"border: 1px solid #D0D7E2; padding: 9px 14px; text-align: left;\"><strong>Q1 FY27 Estimate (Analyst)<\/strong><\/th>\n<th style=\"border: 1px solid #D0D7E2; padding: 9px 14px; text-align: left;\"><strong>YoY Change (Est.)<\/strong><\/th>\n<\/tr>\n<tr>\n<td style=\"border: 1px solid #D0D7E2; padding: 9px 14px; text-align: left;\">Net Interest Income &#8211; NII (Rs Cr)<\/td>\n<td style=\"border: 1px solid #D0D7E2; padding: 9px 14px; text-align: left;\">19,553<\/td>\n<td style=\"border: 1px solid #D0D7E2; padding: 9px 14px; text-align: left;\">21,800 (Motilal) \/ 21,500 (HDFC Sec)<\/td>\n<td style=\"border: 1px solid #D0D7E2; padding: 9px 14px; text-align: left;\">+11-12%<\/td>\n<\/tr>\n<tr>\n<td style=\"border: 1px solid #D0D7E2; padding: 9px 14px; text-align: left;\">NIM (%)<\/td>\n<td style=\"border: 1px solid #D0D7E2; padding: 9px 14px; text-align: left;\">4.36%<\/td>\n<td style=\"border: 1px solid #D0D7E2; padding: 9px 14px; text-align: left;\">4.30-4.40% (consensus)<\/td>\n<td style=\"border: 1px solid #D0D7E2; padding: 9px 14px; text-align: left;\">Stable<\/td>\n<\/tr>\n<tr>\n<td style=\"border: 1px solid #D0D7E2; padding: 9px 14px; text-align: left;\">PAT (Rs Cr)<\/td>\n<td style=\"border: 1px solid #D0D7E2; padding: 9px 14px; text-align: left;\">11,059<\/td>\n<td style=\"border: 1px solid #D0D7E2; padding: 9px 14px; text-align: left;\">12,800 (Motilal) \/ 12,500 (HDFC Sec)<\/td>\n<td style=\"border: 1px solid #D0D7E2; padding: 9px 14px; text-align: left;\">+13-16%<\/td>\n<\/tr>\n<tr>\n<td style=\"border: 1px solid #D0D7E2; padding: 9px 14px; text-align: left;\">Loan Growth (YoY %)<\/td>\n<td style=\"border: 1px solid #D0D7E2; padding: 9px 14px; text-align: left;\">16%<\/td>\n<td style=\"border: 1px solid #D0D7E2; padding: 9px 14px; text-align: left;\">14-16% (consensus)<\/td>\n<td style=\"border: 1px solid #D0D7E2; padding: 9px 14px; text-align: left;\">Stable<\/td>\n<\/tr>\n<tr>\n<td style=\"border: 1px solid #D0D7E2; padding: 9px 14px; text-align: left;\">GNPA (%)<\/td>\n<td style=\"border: 1px solid #D0D7E2; padding: 9px 14px; text-align: left;\">2.15%<\/td>\n<td style=\"border: 1px solid #D0D7E2; padding: 9px 14px; text-align: left;\">1.90-2.00% (estimate)<\/td>\n<td style=\"border: 1px solid #D0D7E2; padding: 9px 14px; text-align: left;\">Improving<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<div style=\"background: #E8EAFF; border-radius: 14px; padding: 28px 32px 24px 32px; margin: 24px 0; font-family: -apple-system,BlinkMacSystemFont,'Segoe UI',Roboto,sans-serif; cursor: pointer; max-width: 100%; box-sizing: border-box;\">\n<p style=\"font-size: 20px; font-weight: bold; color: #0a0a23; margin: 0 0 12px 0; line-height: 1.3;\">3 Stocks Building Serious Momentum Right Now<\/p>\n<p style=\"font-size: 15px; color: #3a3a5c; margin: 0 0 14px 0; line-height: 1.6;\">When <strong style=\"color: #0a0a23;\">Univest analysts<\/strong> identify high-conviction stock opportunities, <em>investors pay attention.<\/em><\/p>\n<p style=\"font-size: 15px; color: #3a3a5c; margin: 0 0 14px 0; line-height: 1.6;\">Our research team has now shortlisted the <strong style=\"color: #0a0a23;\">Top Stocks to Buy<\/strong> based on current market momentum, sector trends and growth potential for 2026.<\/p>\n<ul style=\"margin: 0 0 16px 20px; padding: 0; color: #3a3a5c; font-size: 15px; line-height: 1.8;\">\n<li>Discover stocks investors are actively accumulating<\/li>\n<li>High-conviction opportunities backed by research<\/li>\n<li>Designed for the next phase of market growth<\/li>\n<\/ul>\n<p style=\"font-size: 15px; color: #3a3a5c; margin: 0 0 20px 0;\">Unlock the latest <a style=\"color: #3b7fff; font-weight: bold; text-decoration: none;\" href=\"https:\/\/univest.in\/user\/log-in?redirectUrl=%2Fuser%2Fpayment%3FplanType%3DALL_PRO%2BPLANS%26cacheClear%3D1780639629052\">Top Stock Picks<\/a> on Univest<\/p>\n<p><a style=\"display: inline-block; background: #3B7FFF; color: #fff; font-size: 15px; font-weight: 600; padding: 13px 28px; border-radius: 50px; letter-spacing: 0.2px; text-decoration: none;\" href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&amp;utm_medium=icici-bank-q1-banner\" target=\"_blank\" rel=\"noopener\">See the Stocks \u2192<\/a><\/p>\n<\/div>\n<p>The ICICI Bank Q1 FY27 results preview points to continued earnings momentum, with Motilal Oswal projecting PAT at Rs 12,800 Cr, up 15.7% YoY from Rs 11,059 Cr in Q1 FY26. Unlike SBI, ICICI Bank benefits from a higher proportion of MCLR and repo-linked retail loans that can be managed more dynamically in a rate-cut environment.<\/p>\n<p>HDFC Securities estimates Q1 FY27 NII at Rs 21,500 Cr and PAT at Rs 12,500 Cr, noting that ICICI Bank&#8217;s superior asset quality trajectory and consistent fee income growth make it one of the most predictable large-cap bank earnings stories. Nuvama Institutional Equities projects PAT at Rs 13,000 Cr, the most optimistic of the three, citing further credit cost normalisation.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Key_Factors_Driving_ICICI_Bank_Q1_FY27_Performance\"><\/span><strong>Key Factors Driving ICICI Bank Q1 FY27 Performance<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"1_Sustained_NIM_Above_43_Despite_Rate_Cuts\"><\/span><strong>1. Sustained NIM Above 4.3% Despite Rate Cuts<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>ICICI Bank&#8217;s NIM has been consistently above 4.3% for five consecutive quarters. For Q1 FY27, Motilal Oswal estimates NIM at 4.35%, broadly stable with Q1 FY26&#8217;s 4.36%. The bank&#8217;s ability to maintain NIM even as RBI cuts rates is attributed to its well-managed liability franchise and higher-yielding retail loan mix. HDFC Securities notes that each 10 basis point NIM preservation adds approximately Rs 600-650 Cr to quarterly NII.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"2_Retail_Loan_Growth_and_Mix_Improvement\"><\/span><strong>2. Retail Loan Growth and Mix Improvement<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>ICICI Bank&#8217;s retail loan book, which includes home loans, auto loans, personal loans and business banking, is expected to grow 14-16% YoY in Q1 FY27. Nuvama Institutional Equities projects retail advances at Rs 7.2 lakh Cr by Q1 FY27. The shift toward secured retail loans (home and auto) is expected to improve the overall loan quality profile while supporting NIM.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"3_Asset_Quality_Improvement_and_Credit_Cost_Decline\"><\/span><strong>3. Asset Quality Improvement and Credit Cost Decline<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>ICICI Bank&#8217;s GNPA ratio has declined from 2.15% in Q1 FY26 to an estimated 1.90-2.00% by Q1 FY27, according to consensus estimates. Motilal Oswal projects credit cost at 45 basis points in Q1 FY27, down from 60 basis points in Q1 FY26, releasing a meaningful Rs 600-800 Cr buffer into PAT. This asset quality improvement is the key driver of the 13-16% PAT growth despite NIM stability.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Analyst_Estimates_for_ICICI_Bank_Q1_FY27_Results\"><\/span><strong>Analyst Estimates for ICICI Bank Q1 FY27 Results<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li><strong>Motilal Oswal:<\/strong> NII Rs 21,800 Cr; PAT Rs 12,800 Cr; NIM 4.35%; GNPA 1.95%; RoA 2.30%<\/li>\n<li><strong>HDFC Securities (Quarterly Flipbook, Q1 FY27):<\/strong> NII Rs 21,500 Cr; PAT Rs 12,500 Cr; Loan growth 15%<\/li>\n<li><strong>Nuvama Institutional Equities:<\/strong> NII Rs 22,000 Cr; PAT Rs 13,000 Cr; Credit cost 42 bps; RoA 2.35%<\/li>\n<\/ul>\n<p>The consensus PAT for ICICI Bank Q1 FY27 ranges from Rs 12,500 Cr to Rs 13,000 Cr, implying 13-17% YoY growth. The wide range reflects differing views on the pace of credit cost decline in the unsecured personal loan and MFI segments.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Key_Risks_to_ICICI_Bank_Q1_FY27_Performance\"><\/span><strong>Key Risks to ICICI Bank Q1 FY27 Performance<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"1_Unsecured_Lending_Stress\"><\/span><strong>1. Unsecured Lending Stress<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The personal loan and credit card segments have seen rising industry-level delinquencies. HDFC Securities cautions that if ICICI Bank&#8217;s unsecured NPA rises beyond the estimated 1.8-2.0% range, credit costs could exceed 55 basis points, reducing PAT by Rs 500-700 Cr versus estimates.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"2_MFI_Portfolio_Stress\"><\/span><strong>2. MFI Portfolio Stress<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>ICICI Bank has exposure to the microfinance sector through its business correspondent network. Motilal Oswal notes that MFI slippages have been elevated across the sector, and any incremental stress in ICICI Bank&#8217;s MFI book could affect Q1 FY27 provisioning.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"3_Slower_Fee_Income_Growth\"><\/span><strong>3. Slower Fee Income Growth<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Fee income from distribution, FOREX and treasury has been a key PAT driver for ICICI Bank. Nuvama flags that if capital market volumes slow in Q1 FY27, distribution fee income from mutual fund and insurance products may underperform estimates.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The ICICI Bank Q1 FY27 results preview presents a high-quality earnings growth story with PAT expected at Rs 12,500-13,000 Cr, driven by NIM stability, credit cost decline and sustained retail loan growth. ICICI Bank is widely regarded as the best-in-class private sector bank for earnings consistency, and Q1 FY27 is expected to reinforce that view. Investors should track NIM print, GNPA movement and credit cost guidance as the three most critical metrics in the Q1 FY27 earnings call.<\/p>\n<p style=\"margin-top: 24px;\"><a href=\"https:\/\/univest.in\/screeners\"><strong>Use the Univest Screener to Track ICICI Bank Live Data and Research<\/strong><\/a><\/p>\n<p>With Q1 FY27 results season approaching during Q1 FY27 results season, staying informed about ICICI Bank earnings expectations, sector developments and analyst upgrades can help you make better-timed investment decisions. Use the tools below to track live data and access professional research before the results are announced.<\/p>\n<p style=\"margin-top: 24px;\"><em>Download the <a href=\"http:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"http:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&amp;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> to track ICICI Bank share price live and receive Q1 FY27 result alerts.<\/em><\/p>\n<div style=\"background: #CC0000; border-radius: 8px; padding: 16px 20px; margin: 24px 0;\">\n<p style=\"color: #ffffff; font-size: 13px; line-height: 1.7; margin: 0;\"><strong style=\"color: #ffffff;\">Disclaimer:<\/strong> Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).<\/p>\n<\/div>\n<h2><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions_on_ICICI_Bank_Q1_FY27_Results_Preview\"><\/span><strong>Frequently Asked Questions on ICICI Bank Q1 FY27 Results Preview<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"When_will_ICICI_Bank_Q1_FY27_results_be_declared\"><\/span><strong>When will ICICI Bank Q1 FY27 results be declared?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> ICICI Bank Q1 FY27 results are expected to be declared during Q1 FY27 results season. The exact board meeting date will be notified on NSE and BSE. Results typically come a few weeks after the quarter end.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_PAT_is_expected_from_ICICI_Bank_in_Q1_FY27\"><\/span><strong>What PAT is expected from ICICI Bank in Q1 FY27?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> ICICI Bank Q1 FY27 PAT is estimated at Rs 12,500-13,000 Cr. Motilal Oswal projects Rs 12,800 Cr, HDFC Securities estimates Rs 12,500 Cr and Nuvama projects Rs 13,000 Cr, implying 13-17% YoY growth from Rs 11,059 Cr in Q1 FY26.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_NIM_is_expected_from_ICICI_Bank_in_Q1_FY27\"><\/span><strong>What NIM is expected from ICICI Bank in Q1 FY27?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> ICICI Bank Q1 FY27 NIM is expected at 4.30-4.40%, broadly stable with Q1 FY26&#8217;s 4.36%. Motilal Oswal estimates 4.35% NIM, reflecting the bank&#8217;s strong liability franchise and retail loan mix management.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_NII_is_expected_from_ICICI_Bank_in_Q1_FY27\"><\/span><strong>What NII is expected from ICICI Bank in Q1 FY27?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> ICICI Bank Q1 FY27 NII is estimated at Rs 21,500-22,000 Cr. Motilal Oswal projects Rs 21,800 Cr, HDFC Securities estimates Rs 21,500 Cr and Nuvama projects Rs 22,000 Cr, representing 10-13% YoY growth from Rs 19,553 Cr in Q1 FY26.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_GNPA_expectation_for_ICICI_Bank_in_Q1_FY27\"><\/span><strong>What is the GNPA expectation for ICICI Bank in Q1 FY27?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> ICICI Bank GNPA in Q1 FY27 is expected to improve to 1.90-2.00% from 2.15% in Q1 FY26. Motilal Oswal projects GNPA at 1.95%, reflecting continued resolution of legacy corporate NPAs and improved collection efficiency.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_are_the_key_risks_for_ICICI_Bank_Q1_FY27\"><\/span><strong>What are the key risks for ICICI Bank Q1 FY27?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Key risks for ICICI Bank Q1 FY27 include rising unsecured loan delinquencies in personal loans and credit cards, MFI portfolio stress and slower fee income growth if capital market volumes decline.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Where_can_I_track_ICICI_Bank_Q1_FY27_results_live\"><\/span><strong>Where can I track ICICI Bank Q1 FY27 results live?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> ICICI Bank Q1 FY27 results can be tracked on NSE (nseindia.com) and BSE (bseindia.com). The Univest Screener provides live ICICIBANK price data and analyst research for investors.<\/p>\n<div class=\"faq-schema\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>ICICI Bank Q1 FY27 results preview: Motilal Oswal estimates PAT at Rs 12,800 Cr on NII of Rs 21,800 Cr. NIM of 4.3-4.4% and retail NPA trend are the two metrics every investor should watch.<\/p>\n","protected":false},"author":35,"featured_media":123169,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[842],"tags":[4734],"class_list":["post-123149","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-q1-results"],"metadata":{"rank_math_internal_links_processed":["1"],"_edit_lock":["1781784218:23"],"_last_editor_used_jetpack":["block-editor"],"rank_math_primary_category":["842"],"rank_math_seo_score":["77"],"rank_math_title":["ICICI Bank Q1 FY27 Results Preview: NII, PAT and NIM Estimates"],"rank_math_description":["ICICI Bank Q1 FY27 results preview: Motilal Oswal estimates PAT at Rs 12,800 Cr and NII at Rs 21,800 Cr. 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