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General Insurance Corporation of India

General Insurance Corporation of India

NSE: GICREBSE 540755FinancialsInsurancewww.gicre.in
View MapTV Chart
392.95
4.80+1.24%
DAY387
₹392.95
394
52W350
₹392.95
425
Open388.15
Prev Close388.15
Bid392.93113
Ask392.97100
Volume282.0K17%vs 20D avg
Valuation vs Sector
P/E Ratio▼ 13.0%
7.14vs Sector 8.21
lower = cheaper
P/B Ratio▼ 9.4%
1.16vs Sector 1.28
lower = cheaper
Div Yield
vs Sector
higher = more income
Market Cap₹68,228.62 Cr
P/E TTM7.09
Book Value₹277.36
EPS TTM₹54.88
ROCE13.3%
ROE18.32%
D/E0
Div Yield0%
Valuation

General Insurance Corporation of India valuation: P/E, P/B and sector benchmarks.

Twelve years of multiples investors have paid for General Insurance Corporation of India, framed against the sector median so the premium or discount is obvious at a glance.

General Insurance Corporation of India trades at a P/E of 7.09×, against the Financials sector median P/E of 17.24×.

the price tag

Valuation

Market Cap
₹68,228.62 Cr
P/E Ratio
good7.09
P/B Ratio
good1.21
EPS
54.88
the engine

Profitability

ROE
good18.32%
ROCE
avg13.3%
Net Margin
good19.87%
Op Margin
watch%
the trajectory

Growth

EPS 5Y
watch%
Revenue 5Y
watch-2.46%
Qtr Sales
good13.5%
Qtr Profit
good80.7%
the balance sheet

Financial Health

Debt / Equity
good
Book Value
277.36
Div Yield
avg%
Promoter Hold.
good82.4%
Financials

General Insurance Corporation of India financials: P&L, balance sheet, cash flow, ratios.

Twelve years of audited numbers for General Insurance Corporation of India, switchable between annual and quarterly views, consolidated or standalone.

General Insurance Corporation of India reports its full P&L, balance sheet, cash flow and ratios on this page — current market capitalisation of ₹68,228.616 Cr and reported EPS of ₹54.88.

all values in ₹ Cr unless suffixed · source: company filings
Segment Analysis

General Insurance Corporation of India segment analysis: revenue and profit mix.

Disclosed business segments at General Insurance Corporation of India with their share of revenue and profit, switchable between consolidated and standalone reporting.

General Insurance Corporation of India discloses revenue and profit across multiple business segments — toggle between consolidated and standalone views to see the mix.

Segment-wise Financial Analysis

Investment Thesis

General Insurance Corporation of India investment thesis: bull case, bear case, and the flip lines.

Why someone would buy General Insurance Corporation of India, why someone wouldn't, and the quantitative tripwires that would force the call to flip.

General Insurance Corporation of India's investment case rests on 6 positive markers and 6 flagged concerns drawn from the latest reported filings.

bull case

What you're getting.

  • GICRE's attractive P/E ratio of 7.92, well below the sector's 9.21, suggests undervaluation. A robust 11.00% Return on Equity and high 82.4% promoter holding signal strong profitability, efficient capital use, and management confidence.

  • The company shows impressive growth with an 80.70% increase in quarterly profit and a 13.50% rise in quarterly sales, indicating strong operational momentum. Its 13.30% Return on Capital Employed (ROCE) further highlights efficient capital utilization.

  • GICRE maintains a financially sound position with a zero debt-to-equity ratio, significantly minimizing financial risk. A substantial profit after tax of ₹8562 crore underscores strong profitability, complemented by a 2.59% dividend yield.

  • Operating in the General Insurance sector, GICRE is well-positioned to capitalize on India's economic growth and increasing insurance penetration. Its strong financial health provides a solid foundation to expand market share.

  • GICRE's significantly lower P/E ratio of 7.92 compared to peers (e.g., ICICI Lombard at 36.06) presents a clear opportunity for valuation re-rating as the market recognizes its strong fundamentals and growth.

bear case

What can break it.

  • GICRE's stock price has shown significant volatility, fluctuating between a 52-week high of ₹526 and a low of ₹345. This wide range, coupled with recent downward pressure, presents a risk for investors seeking stable returns and warrants close monitoring.

  • While promoter holding remains high at 82.4%, a historical decline from 85.78% in June 2022 is noted. This decrease, though not drastic, warrants attention as it could signal potential future dilution or a shift in promoter confidence.

  • The company's recent five-day trading volume shows fluctuations, ranging from 183,414 to 519,329 shares. This variability could indicate potential liquidity concerns, especially during significant price movements, requiring investor consideration.

  • The general insurance sector is highly competitive, with established players like ICICI Lombard and emerging ones like Go Digit. This intense competition could pressure GICRE's market share and profitability margins.

  • The insurance industry is subject to stringent and evolving regulatory frameworks. Any adverse changes in regulations, capital requirements, or policy norms could significantly impact GICRE's operations and financial performance.

flip conditions

What would change my mind.

  • Trim if P/E re-rates above 9 (~0.5× the sector multiple of 17.2). The valuation cushion thins from there.

  • Reassess if quarterly profit growth prints below 0% for two consecutive quarters. The bull case relies on compounding earnings.

  • Watch interest coverage if debt-to-equity climbs above 1.00. Balance sheet risk re-prices growth multiples fast.

  • Exit if ROE slips below 13%. The operating engine is no longer compounding capital efficiently.

Shareholding

General shareholding pattern: promoters, FII, DII and public.

Quarter-on-quarter ownership shifts in General — who is buying, who is exiting, and which institutions hold the largest positions.

Shareholding Pattern

Loading shareholding data...

Peers

General Insurance Corporation of India peer comparison — same-sector benchmarks.

Same-sector listed peers ranked on P/E, market cap, dividend yield and growth — General Insurance Corporation of India is highlighted for quick read-across.

Quick Compare

Largest by Market Cap
ICICI Lombard General Insurance Company Ltd
96,007.53 ₹ Cr
Best Profit Growth
General Insurance Corporation of India
80.70 %
Highest Dividend Yield
New India Assurance Company Ltd
0.85 %

Peer Comparison

Company Name
GICRE
General Insurance Corporation of IndiaCurrent Stock
GODIGIT
Go Digit General Insurance Ltd
ICICIGI
ICICI Lombard General Insurance Company Ltd
NIACL
New India Assurance Company Ltd
STARHEALTH
Star Health & Allied Insurance Company Ltd
Technicals

General Insurance Corporation of India technical analysis: indicators, pivots and CPR.

Live RSI, MACD and moving-average signals plus today's pivot and Central Pivot Range levels for General Insurance Corporation of India — derived from the live tape, not yesterday's close.

General Insurance Corporation of India last traded at ₹392.95 with an intraday range of ₹387–₹393.95 — live indicator, pivot and CPR signals below.

Pivot points

Standard pivot — most widely referenced.

Pivot levels · Classic

Live: ₹392.95
LevelPrice (₹)Distance% Δ
R4409.50+16.55+4.21%
R3402.55+9.60+2.44%
R2398.25+5.30+1.35%
R1395.60+2.65+0.67%
PIVOT391.30-1.65-0.42%
CURRENT392.95
S1374.75-18.20-4.63%
S2381.70-11.25-2.86%
S3384.35-8.60-2.19%
S4388.65-4.30-1.09%
CPR Levels
Support
Resistance
S4
S3
S2
S1
| CPR |
BC: 390.48P: 391.30TC: 392.13
R1
R2
R3
R4
indicator
LTP: 392.95
PDH: 392.95
PDL: 381.00
● Market Sentiment

GICRE is trading Above CPR, indicating Bullishness

● CPR Width

CPR is Average

● Opening Range

Day's range: 387.5 ~ 391.9

● Price Position

Trading Inside opening range

Delivery & Volume

General Insurance Corporation of India delivery volume — last 20 sessions of conviction.

Daily traded volume and delivery percentage for General Insurance Corporation of India over 20 sessions — the gap between intraday flipping and genuine accumulation.

Latest session delivery in General Insurance Corporation of India stood at 54.5% of traded volume, against a 20-day average of 52.4%.

Avg Delivery (20D)52.4%+2.1 ppt latest vs avg
Highest Delivery68.4%on 21 May
Avg Volume (20D)3.40 L20-day run-rate
Conviction Trend↑ Strengthening+2.1 ppt latest read
Volume & Delivery · last 20 sessions
Filings & Concalls

General Insurance Corporation of India announcements: results, concalls, ratings, M&A.

Filings General Insurance Corporation of India sent to the exchanges, sequenced as they hit the tape — concall transcripts, results, credit ratings and presentations.

Corporate Actions

General Insurance Corporation of India dividend history, splits and bonus issues.

Every dividend, stock split and bonus issue General Insurance Corporation of India has declared, sequenced by announce and record date.

General Insurance Corporation of India corporate-action history below covers all declared dividends, stock splits and bonus issues recorded with NSE and BSE.

About the Company

About General Insurance Corporation of India: business, sector, key facts.

What General Insurance Corporation of India does, where it operates, the people running it, and the numbers that describe the entity behind the ticker.

General Insurance Corporation of India operates in the Insurance industry under the Financials sector, listed as NSE: GICRE, BSE: 540755.

GICRE
Insurance

General Insurance Corporation of India

NSE · GICRE·BSE · 540755·www.gicre.in

The General Insurance Corporation of India (GIC Re) is a leading reinsurer operating both domestically within India and internationally. Its core business revolves around providing reinsurance services, meaning it insures other insurance companies against significant losses they might face from claims. This protects insurers from catastrophic events and allows them to offer a wider range of insurance products to their clients with reduced financial risk.

GIC Re offers a comprehensive portfolio of reinsurance products spanning various sectors. This includes property insurance, covering buildings and other assets against damage; energy insurance, protecting against risks in the oil, gas, and power sectors; and marine insurance, encompassing hull, cargo, and offshore energy risks. The company also provides engineering insurance for construction projects and industrial equipment; liability insurance covering potential legal obligations; and aviation insurance for aircraft and related operations.

Furthermore, GIC Re's product offerings extend to health insurance, covering medical expenses; agriculture and weather insurance, mitigating crop losses due to adverse weather conditions; motor and workmen's compensation insurance, protecting against vehicle accidents and workplace injuries respectively; and life insurance reinsurance. They also offer coverage for spares, protecting the value of replacement parts, and miscellaneous products catering to various niche insurance needs.

Established in 1972 and headquartered in Mumbai, GIC Re has a long history and significant market presence in India and beyond. Its broad range of reinsurance products and its role in supporting the stability of the primary insurance market position it as a key player in the global reinsurance industry. The company’s ability to manage and diversify its risk exposure across various sectors contributes to its financial strength and its ongoing success in the competitive reinsurance marketplace.

company facts
Founded / IPO25/10/2017
Employees411
SectorFinancials
HeadquartersMumbai, MAHARASHTRA, IN
Market Cap₹68,228.62 Cr
Listed OnNATIONAL STOCK EXCHANGE OF INDIA
leadership24 on record
Shri. V. Balkrishna
Chief Financial Officer, General Manager
Smt. Radhika Ravishekar
Chief Investment Officer, Deputy General Manager
Shri. Rajesh Khadatare
Chief Marketing Officer, Deputy General Manager
Shri. Satheesh Kumar
Compliance Officer, Company Secretary
Smt. Jayashri Balkrishna
Chief Risk Officer, General Manager, Executive Director
Shri. Sateesh Bhat
General Manager, Actuary - Non-Life Insurance
Mr. Suresh Sindhi
General Manager, Actuary - Life Insurance
Mr. Sanjay Mokashi
Chief Underwriting Officer, Deputy General Manager
Shri. Hitesh Joshi
Executive Director
Shri. S. Alagarsamy
Chief Vigilance Officer
Shri. Tapan Kumar Mondal
Government Nominee Director
Shri. Manoj Ayyappan
Government Nominee Director
§ ∞ · Plainly Answered

Questions investors ask about General Insurance Corporation of India (GICRE).

Quick answers grounded in this page's data — price action, fundamentals, ratios and ownership.

01What is the current share price of General Insurance Corporation of India (GICRE)?

The current share price of General Insurance Corporation of India (GICRE) is ₹392.95. Today, the stock has gained by ₹4.80 (1.24%), trading in a range of ₹387 to ₹393.95. The stock opened at ₹388.15 with a trading volume of 2,81,956 shares.

02Is General Insurance Corporation of India stock a good investment for long-term?

General Insurance Corporation of India can be considered for long-term investment based on several factors. The company has a market capitalization of ₹68,228.62 crores, P/E ratio of 7.09, ROE of 18.32%, and ROCE of 13.30%. The dividend yield stands at 0.00%. However, investment decisions should be based on your financial goals, risk appetite, and thorough research. It's recommended to consult with a SEBI-registered financial advisor before making investment decisions.

03What is the 52-week high and low price of General Insurance Corporation of India stock?

The 52-week high price of General Insurance Corporation of India (GICRE) is ₹424.65, while the 52-week low is ₹350.25. Currently trading at ₹392.95, the stock is 57.4% away from its 52-week low and 7.5% below its 52-week high. These levels help investors understand the stock's price volatility and trading range over the past year.

04Should I buy General Insurance Corporation of India stock at the current price?

Whether to buy General Insurance Corporation of India stock at ₹392.95 depends on multiple factors. The stock is currently trading with a P/E ratio of 7.09 and P/B ratio of N/A. Today's performance shows a gain of 1.24%. Consider analyzing the company's fundamentals, technical indicators, industry trends, and your investment horizon. Compare these metrics with industry peers and consult a financial advisor for personalized advice.

05What is the dividend yield of General Insurance Corporation of India and when is the next dividend?

General Insurance Corporation of India offers a dividend yield of 0.00%, which means for every ₹100 invested at the current price of ₹392.95, you can expect to receive approximately ₹0.00 annually as dividends. The face value of the stock is ₹5.00. For information about the next dividend announcement and ex-dividend date, please check the company's official announcements or visit the BSE/NSE websites.

06What are the key financial ratios and metrics of General Insurance Corporation of India?

General Insurance Corporation of India's key financial metrics include: P/E Ratio: 7.09, P/B Ratio: N/A, ROE: 18.32%, ROCE: 13.30%, Dividend Yield: 0.00%, EPS: ₹54.88, Book Value: ₹277.36, Debt-to-Equity: 0.00, and Current Ratio: N/A. The company's market cap stands at ₹68,228.62 crores. These metrics help evaluate the company's valuation, profitability, and financial health.

07How is General Insurance Corporation of India stock performing today in the market?

General Insurance Corporation of India stock opened at ₹388.15 and is currently trading at ₹392.95, showing a gain of ₹4.80 (1.24%). The intraday high is ₹393.95 and low is ₹387. The trading volume stands at 2,81,956 shares, indicating moderate market participation today.

08What is the P/E ratio of General Insurance Corporation of India and what does it indicate?

General Insurance Corporation of India has a Price-to-Earnings (P/E) ratio of 7.09, which means investors are willing to pay ₹7.09 for every ₹1 of earnings. With an EPS of ₹54.88, this P/E ratio suggests the stock may be undervalued or facing growth challenges. Compare this with industry peers and historical P/E ratios for better context.

Disclaimer

The data, ratios and commentary about General Insurance Corporation of India (GICRE) on this page are published for educational and informational purposes only and are not investment, legal or tax advice. StockeZee is not a SEBI-registered investment adviser, research analyst or portfolio manager, and no content here should be construed as a recommendation to buy, hold or sell any security. Live and historical market data may be delayed, revised by the exchanges, or contain errors; figures sourced from third-party feeds and corporate disclosures may not always be current. Past performance is not indicative of future results, and equity investments carry the risk of capital loss. Before acting on anything you read here, please consult a SEBI-registered financial advisor and read all scheme-related documents carefully.