General Insurance Corporation of India
GICREGeneral Insurance Corporation of India
GICRE
Price Chart
Scorecard
Performance
AvgPrice return has been average, nothing exciting
Valuation
AvgCan be considered moderately valued vs the market
Growth
LowLagging behind the market in financials growth
Profitability
HighShowing good signs of profitability & efficiency
Entry point
AvgThe stock is underpriced but is in the overbought zone
Red flags
LowNo red flag found
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Key Metrics
| No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
|---|---|---|
| 8.46 | 1.24 | — |
| Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
|---|---|---|
| 17.90 | 2.43 | 0.96% |
Forecast & Ratings
Detailed Forecastfrom 4 analysts
Price
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
Company Profile
General Insurance Corporation of India is a reinsurance company.Its domestic business provides reinsurance to direct general insurance companies in Indian and international reinsurance business provides the same to several international companies.
Investor Presentation
View olderPeers
Compare with peersLife Insurance Corporation Of India
Bajaj Finserv Ltd
HDFC Life Insurance Company Ltd
SBI Life Insurance Company Ltd
ICICI Prudential Life Insurance Company Ltd
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Forecasts
Price
Revenue
Earnings
Price Forecast
All values in ₹
All values in ₹
Revenue Forecast
All values in ₹ Thousand cr.
All values in ₹ Thousand cr.
Earnings Per Share Forecast
All values in ₹
All values in ₹
Income
Balance Sheet
Cash Flow
Income Statement
| Financial Year | FY 2015 | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | TTM | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 18,031.01 | 19,883.46 | 31,349.14 | 43,550.85 | 45,073.27 | 52,098.45 | 48,594.37 | 49,584.59 | 47,246.01 | 46,860.64 | ||||||||||
Raw Materials | — | — | — | — | — | — | — | — | — | 39,522.14 | ||||||||||
| Power & Fuel Cost | — | — | — | — | — | — | — | — | — | |||||||||||
| Employee Cost | 70.76 | 90.24 | 100.72 | 107.90 | 123.78 | 207.43 | 155.53 | 224.32 | 239.99 | |||||||||||
| Selling & Administrative Expenses | 14,790.56 | 16,598.29 | 27,048.70 | 39,522.28 | 40,155.54 | 50,790.84 | 44,996.59 | 43,642.88 | 38,394.42 | |||||||||||
| Operating & Other expenses | 331.63 | 164.07 | 419.26 | 281.63 | 925.19 | 1,447.09 | 357.98 | 1,948.99 | 570.74 | |||||||||||
EBITDA | 2,838.06 | 3,030.86 | 3,780.46 | 3,639.04 | 3,868.76 | -346.91 | 3,084.27 | 3,768.40 | 8,040.86 | 7,338.50 | ||||||||||
| Depreciation/Amortization | 8.69 | 9.45 | 9.95 | 7.80 | 14.43 | 18.75 | 14.95 | 13.75 | 9.69 | — | ||||||||||
| PBIT | 2,829.37 | 3,021.41 | 3,770.51 | 3,631.24 | 3,854.33 | -365.66 | 3,069.32 | 3,754.65 | 8,031.17 | 7,338.50 | ||||||||||
| Interest & Other Items | — | — | — | — | — | — | — | — | — | — | ||||||||||
| PBT | 2,829.37 | 3,021.41 | 3,770.51 | 3,631.24 | 3,854.33 | -365.66 | 3,069.32 | 3,754.65 | 8,031.17 | 7,338.50 | ||||||||||
| Taxes & Other Items | -61.61 | 197.99 | 98.39 | 484.01 | 1,096.77 | -179.22 | 1,077.73 | 1,368.37 | 1,123.87 | 710.46 | ||||||||||
| Net Income | 2,890.98 | 2,823.42 | 3,672.12 | 3,147.23 | 2,757.56 | -186.44 | 1,991.59 | 2,386.28 | 6,907.30 | 6,628.04 | ||||||||||
| EPS | 1.68 | 1.64 | 2.13 | 3.32 | 15.72 | -1.06 | 11.35 | 13.60 | 39.37 | 37.78 | ||||||||||
| DPS | 0.39 | 0.63 | 1.17 | 6.75 | 6.75 | 0.00 | 0.00 | 2.25 | — | 7.20 | ||||||||||
| Payout ratio | 0.23 | 0.38 | 0.55 | 2.03 | 0.43 | 0.00 | 0.00 | 0.17 | 0.00 | 0.19 |
Company Updates
Peers & Comparison
FinancialsInsurance
Valuation
Technical
Forecast
Compare valuation on Screener| Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
|---|---|---|---|
| General Insurance Corporation of India | 8.12 | 1.24 | — |
| Life Insurance Corporation Of India | 11.94 | 9.27 | 0.44% |
| Bajaj Finserv Ltd | 41.50 | 3.43 | 0.05% |
| HDFC Life Insurance Company Ltd | 108.53 | 11.43 | 0.28% |
Price Comparison
Compare GICRE with any stock or ETFShareholdings
Promoter Holdings Trend
Total Promoter Holding
In last 6 months, promoter holding in the company has almost stayed constant
Low Pledged Promoter Holding
Pledged promoter holdings is insignificant
Institutional Holdings Trend
Total Retail Holding
In last 3 months, retail holding in the company has almost stayed constant
Foreign Institutional Holding
In last 3 months, foreign institutional holding of the company has almost stayed constant
Shareholding Pattern
Dec 2022
Mar 2023
Jun 2023
Sep 2023
Shareholding History
Mutual Funds Holding Trend
Mutual Fund Holding
In last 3 months, mutual fund holding of the company has almost stayed constant
Top 5 Mutual Funds holding General Insurance Corporation of India
| Funds (Top 5) | The rupee value of the stock held by the fund divided by the stock’s market cap Market-cap held | Percentage of the fund’s portfolio invested in the stock Weight | Change in the portfolio weight of the stock over the last 3 months 3M holding change | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months Portfolio rank(3M change) |
|---|---|---|---|---|
HSBC Midcap Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.0735% | Percentage of the fund’s portfolio invested in the stock 0.48% | Change in the portfolio weight of the stock over the last 3 months 0.04% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 39/86 (+1) |
Bandhan Financial Services Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.0228% | Percentage of the fund’s portfolio invested in the stock 2.08% | Change in the portfolio weight of the stock over the last 3 months 2.08% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 14/57 (+39) |
Motilal Oswal Nifty Midcap 150 Index Fund Direct Growth Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.0049% | Percentage of the fund’s portfolio invested in the stock 0.26% | Change in the portfolio weight of the stock over the last 3 months 0.02% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 113/164 (+2) |
Compare 3-month MF holding change on Screener
Hmm, looks like there hasn't been any net deal activity in the last 6 monthssmallcases
Looks like this stock is not in any smallcase yet.
Events
Dividend Trend
No dividend trend available
Dividends
Corp. Actions
Announcements
Legal Orders
Upcoming Dividends
No upcoming dividends are available
Past Dividends
Cash Dividend
Ex DateEx DateSep 8, 2023
Dividend/Share
₹7.20
Ex DateEx Date
Sep 8, 2023
Cash Dividend
Ex DateEx DateJun 7, 2022
Dividend/Share
₹2.25
Ex DateEx Date
Jun 7, 2022
Cash Dividend
Ex DateEx DateJul 19, 2019
Dividend/Share
₹6.75
Ex DateEx Date
Jul 19, 2019
Cash Dividend
Ex DateEx DateJul 12, 2018
Dividend/Share
₹13.50
Ex DateEx Date
Jul 12, 2018
News & Opinions
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Goldman, GIC Differ On Whether Inflation Is Risk Or Opportunity
3 weeks ago•Bloomberg Quint
GIC and Petronas to Invest in Green Ammonia Project in India
1 month ago•Bloomberg Quint
News Video
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3 months ago•CNBC-TV18
Breakout Stocks: How New India Assurance, General Insurance and Welspun India are looking on charts for Wednesday’s trade
3 months ago•Economic Times
Will seek reduction in vehicle insurance premium following fall in road accident deaths, says Transport Commissioner
3 months ago•The Hindu
Carlyle buys into Quest Global, invests $500 million
3 months ago•Economic Times
Lower than Industry Revenue Growth
Over the last 5 years, revenue has grown at a yearly rate of 1.64%, vs industry avg of 13.27%
Decreasing Market Share
Over the last 5 years, market share decreased from 18.53% to 3.84%
Higher than Industry Net Income
Over the last 5 years, net income has grown at a yearly rate of 17.02%, vs industry avg of 9.71%