Go Digit General Insurance Ltd

Go Digit General Insurance Ltd

₹ 307 -0.68%
13 May - close price
About

Incorporated in 2016, Go Digit
General Insurance Ltd provides
motor, health, and other insurances[1]

Key Points

Business Overview:[1]
GDGIL is a digital full stack insurance company which designs products, distributes and provides customer experience for non-life insurance products. Company offers motor insurance, health insurance, travel insurance, property insurance, marine insurance, liability insurance and other insurance products

  • Market Cap 28,437 Cr.
  • Current Price 307
  • High / Low 381 / 294
  • Stock P/E 52.2
  • Book Value 50.4
  • Dividend Yield 0.00 %
  • ROCE 13.1 %
  • ROE 12.1 %
  • Face Value 10.0

Pros

  • Company is almost debt free.
  • Company has delivered good profit growth of 45.1% CAGR over last 5 years

Cons

  • Stock is trading at 6.09 times its book value
  • Though the company is reporting repeated profits, it is not paying out dividend
  • Tax rate seems low
  • Company has a low return on equity of 10.4% over last 3 years.
  • Earnings include an other income of Rs.473 Cr.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

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Quarterly Results

Figures in Rs. Crores

Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
1,602 1,701 1,905 2,286 2,256 2,105 2,234 2,436 2,594 2,236 2,488 2,570 2,711
1,576 1,643 1,877 2,243 2,672 2,004 2,145 2,318 2,804 2,077 2,353 2,408 3,008
Operating Profit 26 58 28 43 -415 101 89 118 -209 159 135 162 -297
OPM % 2% 3% 1% 2% -18% 5% 4% 5% -8% 7% 5% 6% -11%
0 0 0 0 468 0 0 0 325 1 1 1 470
Interest 0 0 0 0 0 0 0 0 0 0 0 0 0
Depreciation 0 0 0 0 0 0 0 0 0 0 0 0 0
Profit before tax 26 58 28 43 53 101 89 119 116 161 136 163 173
Tax % 0% 0% 0% 0% 0% 0% 0% 0% 0% 14% 14% 14% 13%
26 58 28 43 53 101 89 119 116 138 117 140 149
EPS in Rs 0.29 0.67 0.32 0.49 0.60 1.10 0.97 1.29 1.25 1.50 1.26 1.52 1.62
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
2,252 3,841 5,885 8,147 9,371 10,005
2,366 4,124 5,835 8,416 9,250 9,846
Operating Profit -114 -283 50 -269 121 159
OPM % -5% -7% 1% -3% 1% 2%
0 -0 0 468 324 473
Interest 0 0 0 0 0 0
Depreciation 9 12 15 18 20 0
Profit before tax -123 -296 36 182 425 632
Tax % 0% 0% 0% 0% 0% 14%
-123 -296 36 182 425 544
EPS in Rs -1.49 -3.44 0.41 2.08 4.60 5.89
Dividend Payout % 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: %
5 Years: 35%
3 Years: 19%
TTM: 7%
Compounded Profit Growth
10 Years: %
5 Years: 45%
3 Years: 148%
TTM: 30%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: 2%
Return on Equity
10 Years: %
5 Years: 6%
3 Years: 10%
Last Year: 12%

Balance Sheet

Figures in Rs. Crores

Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Equity Capital 825 859 874 875 923 924
Reserves 402 1,119 1,565 1,844 3,391 3,738
0 0 0 350 350 350
4,777 8,070 11,050 13,889 16,797 19,940
Total Liabilities 6,004 10,048 13,490 16,958 21,461 24,952
22 125 161 173 215 157
CWIP 81 24 1 2 1 0
Investments 5,430 9,247 12,389 15,395 19,409 22,703
471 652 938 1,388 1,835 2,093
Total Assets 6,004 10,048 13,490 16,958 21,461 24,952

Cash Flows

Figures in Rs. Crores

Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
1,563 2,479 2,250 1,720 1,604 2,026
-1,637 -3,487 -2,514 -1,986 -2,837 -2,019
159 995 397 342 1,092 -28
Net Cash Flow 86 -13 133 77 -141 -22
Free Cash Flow 1,536 2,429 2,229 1,704 1,587 2,009
CFO/OP -1,374% -875% 4,456% -641% 1,325% 1,273%

Ratios

Figures in Rs. Crores

Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Debtor Days 0 0 0 0 0 0
Inventory Days
Days Payable
Cash Conversion Cycle 0 0 0 0 0 0
Working Capital Days -723 -719 -644 -576 -592 -658
ROCE % -18% 2% 5% 11% 13%

Insights

In beta
Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Claims Settled (In-year Count)
Lakhs

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Combined Ratio (IGAAP)
%
Gross Written Premium
₹ Cr
Solvency Ratio
Times
Overall Market Share
%
Loss Ratio (Total)
%
Partner Network
Number
Total Customers Served (Cumulative)
Cr
Motor Insurance Market Share
%

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
73.58% 73.28% 73.18% 73.12% 73.10% 73.09% 73.02% 73.01%
5.10% 5.51% 6.47% 7.86% 8.28% 8.48% 8.26% 8.01%
16.22% 15.57% 15.18% 15.26% 14.38% 14.12% 14.34% 14.62%
5.10% 5.62% 5.18% 3.76% 4.24% 4.31% 4.38% 4.35%
No. of Shareholders 67,00063,48466,30171,32166,16765,85161,26159,152

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

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