Go Digit General Insurance Ltd

Go Digit General Insurance Ltd

₹ 374 0.40%
13 Sep - close price
About

Established in December 2016, Go Digit General Insurance Limited provides various insurance products such as motor, health, travel, property, marine, liability, and more, tailored to customers' preferences.[1]

Key Points

Digital Full Stack Insurers[1] Full-Stack Insurers are insurance firms that are fully licensed and controlled by a regulatory authority and perform sourcing, underwriting, and servicing all in-house. Digital full-stack insurers focus on integrating technology into their operations.

  • Market Cap 34,437 Cr.
  • Current Price 374
  • High / Low 408 / 278
  • Stock P/E 190
  • Book Value
  • Dividend Yield 0.00 %
  • ROCE 6.62 %
  • ROE 7.08 %
  • Face Value 10.0

Pros

Cons

  • Company has a low return on equity of -1.23% over last 3 years.

* 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.

Peer comparison

Sector: Insurance Industry: Finance & Investments

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Quarterly Results

Figures in Rs. Crores

Mar 2023 Jun 2023 Dec 2023 Mar 2024 Jun 2024
1,602 1,701 2,286 2,256 2,105
1,576 1,643 2,243 2,672 2,004
Operating Profit 26 58 43 -415 101
OPM % 2% 3% 2% -18% 5%
0 0 0 468 0
Interest 0 0 0 0 0
Depreciation 0 0 0 0 0
Profit before tax 26 58 43 53 101
Tax % 0% 0% 0% 0% 0%
26 58 43 53 101
EPS in Rs 0.29 0.67 0.49 0.60 1.10
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2021 Mar 2022 Mar 2023 Mar 2024
2,252 3,841 5,269 7,269
2,366 4,124 5,218 7,070
Operating Profit -114 -283 50 199
OPM % -5% -7% 1% 3%
0 -0 0 1
Interest 0 0 0 0
Depreciation 9 12 15 18
Profit before tax -123 -296 36 182
Tax % 0% 0% 0% 0%
-123 -296 36 182
EPS in Rs -1.49 -3.44 0.41 2.08
Dividend Payout % 0% 0% 0% 0%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: 48%
TTM: 38%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: 52%
TTM: 410%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: %
Return on Equity
10 Years: %
5 Years: %
3 Years: -1%
Last Year: 7%

Balance Sheet

Figures in Rs. Crores

Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 825 859 874 875
Reserves 402 1,119 1,565 1,822
0 0 0 350
4,777 8,070 11,050 13,912
Total Liabilities 6,004 10,048 13,490 16,958
22 125 161 173
CWIP 81 24 1 2
Investments 5,430 9,247 12,389 15,395
471 652 938 1,388
Total Assets 6,004 10,048 13,490 16,958

Cash Flows

Figures in Rs. Crores

Mar 2021 Mar 2022 Mar 2023 Mar 2024
1,563 2,479 2,250 1,720
-1,637 -3,487 -2,514 -1,986
159 995 397 342
Net Cash Flow 86 -13 133 77

Ratios

Figures in Rs. Crores

Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 0 0 0 0
Inventory Days
Days Payable
Cash Conversion Cycle 0 0 0 0
Working Capital Days -723 -719 -720 -646
ROCE % -18% 2% 7%

Shareholding Pattern

Numbers in percentages

18 Recently
Jun 2024
73.58%
5.10%
16.22%
5.10%
No. of Shareholders 67,000

* 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