ICICI Securities - Q4 Results Beat Expectations: KRChoksey 

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KRChoksey Research Report

ICICI Securities Ltd.’s performance across all revenue segments delivered strong numbers for FY 2021.

In Q4 FY21, total revenue reported at Rs 7.4 billion (up 19% QoQ, up 54% YoY) as against Rs 6.2 billion/Rs 4.8 billion in Q3 FY21 and Q4 FY20, respectively.

Revenue for equities and allied business, distribution, private wealth management and investment banking segments were reported at Rs 4.8 billion (up 46% YoY)/Rs 1.4 billion (up 22% YoY)/Rs 1.6 billion (up 82% YoY)/Rs 0.5 billion (up 441% YoY), respectively.

Ebitda reported at Rs 4.9 billion (up 22% QoQ/ up 93% YoY).

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