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General Insurance Corporation of India

GICRE

General Insurance Corporation of India

GICRE
FinancialsInsurance
MidcapWith a market cap of ₹72,360 cr, stock is ranked 137
High RiskStock is 4.11x as volatile as Nifty
402.552.40% (-9.90)
402.552.40% (-9.90)

Price Chart

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1D
1W
1M
1Y
5Y
Max
SIP
FinancialsInsurance
MidcapWith a market cap of ₹72,360 cr, stock is ranked 137
High RiskStock is 4.11x as volatile as Nifty
Scorecard

Performance

Low

Hasn't fared well - amongst the low performers

Valuation

Avg

Can be considered moderately valued vs the market

Growth

Low

Lagging behind the market in financials growth

Profitability

High

Showing good signs of profitability & efficiency

Entry point

Good

The stock is underpriced and is not in the overbought zone

Red flags

Low

No red flag found

How to use scorecard? Learn more

FinancialsInsurance
MidcapWith a market cap of ₹72,360 cr, stock is ranked 137
High RiskStock is 4.11x as volatile as Nifty

Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
10.821.602.42%
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld

Forecast & Ratings

Detailed Forecast 
67%
Analysts have suggested that investors can buy this stock

from 3 analysts

Price

Price Upside

Earnings

Earnings Growth

Revenue

Rev. Growth

See Detailed Forecast

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.

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Forecasts

Price

Revenue

Earnings

Income

Balance Sheet

Cash Flow

Income Statement

Industry refers to the sub-sector this company belongs to.

Lower than Industry Revenue Growth

A higher-than-industry revenue growth represents increased potential for the company to increase their market share

Over the last 5 years, revenue has grown at a yearly rate of 0.65%, vs industry avg of 11.6%

Decreasing Market Share

Market share is the percentage of an industry's total sales going to a particular company. It gives a general idea of the size of a company v/s its competitors

Over the last 5 years, market share decreased from 5.3% to 3.15%

Lower than Industry Net Income

Net income is equal to net earnings (profit) less expenses. This number is an important measure of how profitable the company is

Over the last 5 years, net income has grown at a yearly rate of 19.38%, vs industry avg of 34.26%

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Financial YearFY 2016FY 2017FY 2018FY 2019FY 2020FY 2021FY 2022FY 2023FY 2024TTM
Total Revenue19,883.4631,349.1443,550.8545,073.2752,098.4548,594.3749,584.5947,750.4646,556.8746,556.86
Raw Materialssubtract38,631.9638,631.95
Power & Fuel Costsubtract
Employee Costsubtract90.24100.72107.90123.78207.43155.53224.32239.99
Selling & Administrative Expensessubtract16,598.2927,048.7039,522.2840,155.5450,790.8444,996.5943,642.8838,898.86
Operating & Other expensessubtract164.07419.26281.63925.191,447.09357.981,948.99570.74
Depreciation/Amortizationsubtract9.459.957.8014.4318.7514.9513.759.690.00
Interest & Other Itemssubtract
Taxes & Other Itemssubtract197.9998.39484.011,096.77-179.221,077.731,368.371,123.871,239.031,239.04
EPS1.642.133.3215.72-1.0611.3513.6039.3738.1138.11
DPS0.631.176.756.750.000.002.257.2010.007.20
Payout ratio0.380.552.030.430.000.000.170.180.260.19

Company Updates

Annual Report and Investor Presentation updates mentioned here are as reported by the company to the exchange
FY 2021

Annual report

PDF

Investor Presentation

Apr 7PDF
Nov 18PDF
FY 2022

Annual report

PDF

Investor Presentation

May 30PDF
Feb 11PDF
Nov 11PDF
+2 more
FY 2023

Annual report

PDF

Investor Presentation

Feb 10PDF
Nov 10PDF
Aug 17PDF
 

Peers & Comparison

Comparing 3 stocks from 
FinancialsInsurance

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StockPE RatioPE RatioPB RatioPB RatioDiv. YieldDividend Yield
General Insurance Corporation of India10.821.602.42%
Life Insurance Corporation Of India16.3514.430.95%
Bajaj Finserv Ltd31.062.440.06%
SBI Life Insurance Company Ltd82.4411.990.17%

Price Comparison

Compare GICRE with any stock or ETF
Compare GICRE with any stock or ETF
GICRE
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Shareholdings

Promoter Holdings Trend

Total Promoter Holding

Increasing promoter holding is considered good and reflects management’s positive view about the future outlook

In last 6 months, promoter holding in the company has almost stayed constant

Low Pledged Promoter Holding

Lower pledged promoter holdings is considered better

Pledged promoter holdings is insignificant

Institutional Holdings Trend

Total Retail Holding

Increasing retail holding can be considered bad as it can reflect that institutions and promoters are selling their stake which is being absorbed by retail investors.

In last 3 months, retail holding in the company has almost stayed constant

Foreign Institutional Holding

Foreign Institutional Holding is quantum of stock held by foreign large-quantities-trading entities. Increasing value indicates growing support and comfort for the stock

In last 3 months, foreign institutional holding of the company has almost stayed constant

Tickertape Separator

Shareholding Pattern

Retail and OthersForeign InstitutionsOther Domestic InstitutionsMutual FundsTotal Promoter Holding85.78%0.15%10.91%0.86%2.29%

Jun 2023

Sep 2023

Dec 2023

Mar 2024

Shareholding History

Dec '22MarJunSepDec '23Mar0.53%0.67%0.77%0.86%0.95%0.86%

Mutual Funds Holding Trend

Mutual Fund Holding

Increasing Mutual Fund holdings are generally considered good, as it reflects that fund managers are becoming more bullish about the stock

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)Market-cap heldWeight3M holding changePortfolio rank
(3M change)
SBI FUNDS MANAGEMENT PVT LTD#SBI MF-SBI PSU FUND DIRECT PL GROWTH

Growth
0.1305%3.08%3.08%10/32 (+18)
Mirae Asset Banking and Financial Services Fund - Growth - Direct Plan

Growth
0.0238%1.03%0.30%26/38 (-1)
Bank of India ELSS Tax Saver - Growth - Direct Plan

Growth
0.0175%0.95%-0.03%68/77 (-7)

Compare 3-month MF holding change on Screener

Insider Trades & Bulk Deals

Hmm, looks like there hasn't been any net deal activity in the last 6 months

smallcases

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

Final
Final | Div/Share: ₹7.20

Dividend/Share

7.20

Ex DateEx Date

Sep 8, 2023

Cash Dividend

Ex DateEx DateJun 7, 2022

Interim
Interim | Div/Share: ₹2.25

Dividend/Share

2.25

Ex DateEx Date

Jun 7, 2022

Cash Dividend

Ex DateEx DateJul 19, 2019

Final
Final | Div/Share: ₹6.75

Dividend/Share

6.75

Ex DateEx Date

Jul 19, 2019

Cash Dividend

Ex DateEx DateJul 12, 2018

Final
Final | Div/Share: ₹13.50

Dividend/Share

13.50

Ex DateEx Date

Jul 12, 2018