GODIGITGo Digit General Ins

₹360.25-0.59%

Market Cap

₹33,259.00 Cr

Stock P/E

68.02

ROCE

11.73%

ROE

12.98%

Book Value

₹47.40

You might have missed

No Recent News

No recent news available for this stock.

Shareholding

Holdings

Distribution

Promoter

Foreign Investors

Domestic Investors

Public

From Last Concall

POSITIVES

•
Profitability momentum evident as tax burden aligns with higher PBT, improving overall profitability.
•
Solvency remains robust, signaling strong capital adequacy for the business.

NEGATIVES

•
Retention discipline weakened in Q1, reducing retention to 65.4% from 76.2%, which could pressure future profitability.
•
IRDAI-combined ratio is showing a higher trajectory (on an IRDAI NEP basis, the ratio has moved up), signaling near-term profitability optics may worsen.

Peers Summary

Sector Leader

In the insurance sector, LIC emerges as the strongest performer with high profitability metrics and low valuation ratios, positioning it as a sector leader. Go Digit General Insurance Ltd., on the other hand, shows no growth or profitability metrics, making it a weak contender against its peers.

Key Points

• LICI leads in profitability with a ROE of 45.82% and a low PE of 11.27, indicating strong earnings relative to its price.
• Go Digit General Insurance Ltd. lacks growth and profitability metrics, making it the weakest in the group.
• GICRE offers the best value with low PE and PBV ratios, while HDFCLIFE shows promising growth with a revenue growth of 12.44%.
• ICICI Lombard has a favorable PE ratio but lacks revenue growth, indicating a potential stagnation risk.

Top Performers

Life Insurance Corporation of India (LICI)

Highest ROE at 45.82% and low valuation metrics (PE of 11.27) make it a compelling investment.

General Insurance Corporation of India (GICRE)

Offers the best valuation with a PE of 9.71 and solid profitability metrics.

HDFC Life Insurance Company Ltd. (HDFCLIFE)

Strong growth trajectory with 12.44% YoY revenue growth despite higher valuation.

Explore

Watchlists