Go Digit General Insurance Ltd
Incorporated in 2016, Go Digit
General Insurance Ltd provides
motor, health, and other insurances[1]
- Market Cap ₹ 26,810 Cr.
- Current Price ₹ 291
- High / Low ₹ 408 / 277
- Stock P/E 93.6
- Book Value ₹ 50.4
- Dividend Yield 0.00 %
- ROCE 6.62 %
- ROE 7.08 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
Cons
- Stock is trading at 5.76 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 -1.23% over last 3 years.
- Earnings include an other income of Rs.468 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.
Peer comparison
Sector: Insurance Industry: Finance & Investments
Part of BSE 400 MidSmallCap Index BSE 250 SmallCap Index BSE Diversified Financials Revenue Growth Index (I Nifty Total Market BSE 500
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
|---|---|---|---|---|---|
| 2,252 | 3,841 | 5,269 | 7,269 | 8,882 | |
| 2,366 | 4,124 | 5,218 | 7,070 | 9,063 | |
| Operating Profit | -114 | -283 | 50 | 199 | -182 |
| OPM % | -5% | -7% | 1% | 3% | -2% |
| -0 | -0 | 0 | 1 | 468 | |
| Interest | -0 | -0 | -0 | -0 | 0 |
| Depreciation | 9 | 12 | 15 | 18 | 0 |
| Profit before tax | -123 | -296 | 36 | 182 | 286 |
| Tax % | -0% | -0% | -0% | -0% | |
| -123 | -296 | 36 | 182 | 286 | |
| EPS in Rs | -1.49 | -3.44 | 0.41 | 2.08 | 3.16 |
| 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 | Sep 2024 | |
|---|---|---|---|---|---|
| Equity Capital | 825 | 859 | 874 | 875 | 921 |
| Reserves | 402 | 1,119 | 1,565 | 1,822 | 3,723 |
| -0 | -0 | -0 | 350 | 350 | |
| 4,777 | 8,070 | 11,050 | 13,912 | 15,622 | |
| Total Liabilities | 6,004 | 10,048 | 13,490 | 16,958 | 20,616 |
| 22 | 125 | 161 | 173 | 161 | |
| CWIP | 81 | 24 | 1 | 2 | -0 |
| Investments | 5,430 | 9,247 | 12,389 | 15,395 | 18,360 |
| 471 | 652 | 938 | 1,388 | 2,095 | |
| Total Assets | 6,004 | 10,048 | 13,490 | 16,958 | 20,616 |
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% |
Documents
Announcements
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
13 Jan - Certificate under Reg 74(5) of SEBI (DP) Reg 2018 for the quarter ended 31st December 2024.
-
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
9 Jan - Schedule of Analysts/Institutional Investors Meet on 17 Feb 2025.
-
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
9 Jan - Schedule of Earnings Call on the financial results for the quarter and nine months period ended 31st December 2024.
-
Change Of Name Of Registrar And Share Transfer Agent Of The Company
3 Jan - Change of name of Registrar and Transfer Agent.
-
Board Meeting Intimation for Intimation Of Board Meeting Pursuant To Regulation 29 Of SEBI Listing Regulations, 2015
3 Jan - Board meeting to approve financial results on January 22, 2025.
Annual reports
Concalls
-
Oct 2024Transcript PPT
-
Aug 2024Transcript PPT
-
Jun 2024Transcript PPT REC
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