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General Insurance Corporation of India NSEI:GICRE Stock Report

Last Price

₹468.90

Market Cap

₹843.1b

7D

6.4%

1Y

50.1%

Updated

24 Dec, 2024

Data

Company Financials +

General Insurance Corporation of India

NSEI:GICRE Stock Report

Market Cap: ₹843.1b

GICRE Stock Overview

Provides reinsurance services in India and internationally. More details

GICRE fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance3/6
Financial Health5/6
Dividends4/6

My Notes

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₹354.25
FV
32.4% overvalued intrinsic discount
6.08%
Revenue growth p.a.
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6 days ago author updated this narrative

General Insurance Corporation of India Competitors

Price History & Performance

Summary of share price highs, lows and changes for General Insurance Corporation of India
Historical stock prices
Current Share Price₹468.90
52 Week High₹525.50
52 Week Low₹297.10
Beta1.06
1 Month Change23.77%
3 Month Change17.80%
1 Year Change50.12%
3 Year Change245.29%
5 Year Change107.11%
Change since IPO7.26%

Recent News & Updates

There's No Escaping General Insurance Corporation of India's (NSE:GICRE) Muted Earnings Despite A 26% Share Price Rise

Dec 19
There's No Escaping General Insurance Corporation of India's (NSE:GICRE) Muted Earnings Despite A 26% Share Price Rise

Improved Earnings Required Before General Insurance Corporation of India (NSE:GICRE) Shares Find Their Feet

Oct 31
Improved Earnings Required Before General Insurance Corporation of India (NSE:GICRE) Shares Find Their Feet

Recent updates

There's No Escaping General Insurance Corporation of India's (NSE:GICRE) Muted Earnings Despite A 26% Share Price Rise

Dec 19
There's No Escaping General Insurance Corporation of India's (NSE:GICRE) Muted Earnings Despite A 26% Share Price Rise

Improved Earnings Required Before General Insurance Corporation of India (NSE:GICRE) Shares Find Their Feet

Oct 31
Improved Earnings Required Before General Insurance Corporation of India (NSE:GICRE) Shares Find Their Feet

General Insurance Corporation of India's (NSE:GICRE) Shareholders Will Receive A Bigger Dividend Than Last Year

Sep 02
General Insurance Corporation of India's (NSE:GICRE) Shareholders Will Receive A Bigger Dividend Than Last Year

Insufficient Growth At General Insurance Corporation of India (NSE:GICRE) Hampers Share Price

May 22
Insufficient Growth At General Insurance Corporation of India (NSE:GICRE) Hampers Share Price

Here's Why We Think General Insurance Corporation of India (NSE:GICRE) Might Deserve Your Attention Today

Apr 15
Here's Why We Think General Insurance Corporation of India (NSE:GICRE) Might Deserve Your Attention Today

There's No Escaping General Insurance Corporation of India's (NSE:GICRE) Muted Earnings Despite A 30% Share Price Rise

Feb 06
There's No Escaping General Insurance Corporation of India's (NSE:GICRE) Muted Earnings Despite A 30% Share Price Rise

Shareholder Returns

GICREIN InsuranceIN Market
7D6.4%-1.8%-4.2%
1Y50.1%18.1%19.4%

Return vs Industry: GICRE exceeded the Indian Insurance industry which returned 18.1% over the past year.

Return vs Market: GICRE exceeded the Indian Market which returned 19.4% over the past year.

Price Volatility

Is GICRE's price volatile compared to industry and market?
GICRE volatility
GICRE Average Weekly Movement6.2%
Insurance Industry Average Movement4.2%
Market Average Movement6.2%
10% most volatile stocks in IN Market9.1%
10% least volatile stocks in IN Market4.1%

Stable Share Price: GICRE has not had significant price volatility in the past 3 months compared to the Indian market.

Volatility Over Time: GICRE's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1972411n/awww.gicre.in

General Insurance Corporation of India provides reinsurance services in India and internationally. It offers property, energy, marine, engineering, liability, spares, health, agriculture/weather, motor and workmen compensation, aviation, life, marine hull, cargo and offshore energy, and miscellaneous products. General Insurance Corporation of India was incorporated in 1972 and is headquartered in Mumbai, India.

General Insurance Corporation of India Fundamentals Summary

How do General Insurance Corporation of India's earnings and revenue compare to its market cap?
GICRE fundamental statistics
Market cap₹843.08b
Earnings (TTM)₹72.76b
Revenue (TTM)₹459.59b

11.3x

P/E Ratio

1.8x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
GICRE income statement (TTM)
Revenue₹459.59b
Cost of Revenue₹365.42b
Gross Profit₹94.17b
Other Expenses₹21.41b
Earnings₹72.76b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

Feb 14, 2025

Earnings per share (EPS)41.47
Gross Margin20.49%
Net Profit Margin15.83%
Debt/Equity Ratio0%

How did GICRE perform over the long term?

See historical performance and comparison

Dividends

2.1%

Current Dividend Yield

26%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/24 12:59
End of Day Share Price 2024/12/24 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

General Insurance Corporation of India is covered by 9 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Vijayaraghavan SwaminathanAvendus Spark
Sanketh GodhaAvendus Spark
Abhishek SarafDeutsche Bank