Go Digit General Insurance Ltd

Go Digit General Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Go Digit General Insurance Ltd

₹ 299 -0.27%
21 Feb - close price
godigit.com BSE: 544179 NSE: GODIGIT
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

Website BSE NSE
  • Market Cap ₹ 27,621 Cr.
  • Current Price ₹ 299
  • High / Low ₹ 408 / 277
  • Stock P/E 76.3
  • Book Value ₹ 50.4
  • Dividend Yield 0.00 %
  • ROCE 6.62 %
  • ROE 7.08 %
  • Face Value ₹ 10.0
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Pros

  • Company is almost debt free.

Cons

  • Stock is trading at 5.94 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 Diversified Financials Revenue Growth Index (I BSE 250 SmallCap Index BSE IPO Nifty 500 Nifty Smallcap 100

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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
1,602 1,701 1,905 2,286 2,256 2,105 2,234 2,436
1,576 1,643 1,877 2,243 2,672 2,004 2,145 2,318
Operating Profit 26 58 28 43 -415 101 89 118
OPM % 2% 3% 1% 2% -18% 5% 4% 5%
0 0 0 0 468 0 0 0
Interest 0 0 0 0 0 0 0 0
Depreciation 0 0 0 0 0 0 0 0
Profit before tax 26 58 28 43 53 101 89 119
Tax % 0% 0% 0% 0% 0% 0% 0% 0%
26 58 28 43 53 101 89 119
EPS in Rs 0.29 0.67 0.32 0.49 0.60 1.10 0.97 1.29
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
2,252 3,841 5,269 7,269 9,032
2,366 4,124 5,218 7,070 9,139
Operating Profit -114 -283 50 199 -106
OPM % -5% -7% 1% 3% -1%
0 -0 0 1 468
Interest 0 0 0 0 0
Depreciation 9 12 15 18 0
Profit before tax -123 -296 36 182 362
Tax % 0% 0% 0% 0%
-123 -296 36 182 362
EPS in Rs -1.49 -3.44 0.41 2.08 3.96
Dividend Payout % 0% 0% 0% 0%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: 48%
TTM: 21%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: 52%
TTM: 134%
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%

Shareholding Pattern

Numbers in percentages

3 Recently
Jun 2024Sep 2024Dec 2024
73.58% 73.28% 73.18%
5.10% 5.51% 6.47%
16.22% 15.57% 15.18%
5.10% 5.62% 5.18%
No. of Shareholders 67,00063,48466,301

* 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

Announcements

Annual reports

Credit ratings

Concalls