General Insurance Corporation of India

NSEI:GICRE Stock Report

Market Cap: ₹822.6b

General Insurance Corporation of India Past Earnings Performance

Past criteria checks 3/6

General Insurance of India has been growing earnings at an average annual rate of 48.6%, while the Insurance industry saw earnings growing at 25.7% annually. Revenues have been declining at an average rate of 1.3% per year. General Insurance of India's return on equity is 7.6%, and it has net margins of 15.8%.

Key information

48.6%

Earnings growth rate

49.6%

EPS growth rate

Insurance Industry Growth8.5%
Revenue growth rate-1.3%
Return on equity7.6%
Net Margin15.8%
Next Earnings Update14 Feb 2025

Recent past performance updates

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

Revenue & Expenses Breakdown

How General Insurance Corporation of India makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

NSEI:GICRE Revenue, expenses and earnings (INR Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 24459,58772,7564,7720
30 Jun 24467,97571,0892,8700
31 Mar 24451,77766,8594,1190
31 Dec 23456,25168,3465,4560
30 Sep 23460,19766,2805,8450
30 Jun 23450,02371,5565,1810
31 Mar 23465,88069,0736,9770
31 Dec 22474,80961,1416,6260
30 Sep 22473,60850,2375,3250
30 Jun 22487,33441,5536,4970
31 Mar 22489,91223,8636,3460
31 Dec 21472,72817,791-5,1800
30 Sep 21479,16625,6871,4640
30 Jun 21467,84414,4892,9460
31 Mar 21487,02919,916-6680
31 Dec 20481,92219,7231,4950
30 Sep 20464,499552,9780
30 Jun 20478,089-8,7553,5350
31 Mar 20512,214-1,8655,7730
31 Dec 19487,322-6,07210,4320
30 Sep 19473,5438,0579,7160
30 Jun 19468,99621,8587,8710
31 Mar 19445,00227,5764,1340
30 Jun 18453,11332,8073,4460
31 Mar 18435,56731,4553,3300
31 Mar 17312,89636,7174,9680
31 Mar 16193,88628,2348180
31 Mar 15177,14328,9102,9060
31 Mar 14169,66624,3311,7630

Quality Earnings: GICRE has high quality earnings.

Growing Profit Margin: GICRE's current net profit margins (15.8%) are higher than last year (14.4%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: GICRE's earnings have grown significantly by 48.6% per year over the past 5 years.

Accelerating Growth: GICRE's earnings growth over the past year (9.8%) is below its 5-year average (48.6% per year).

Earnings vs Industry: GICRE earnings growth over the past year (9.8%) did not outperform the Insurance industry 18.4%.


Return on Equity

High ROE: GICRE's Return on Equity (7.6%) is considered low.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/24 19:05
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

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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