| Quarter | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 12,468 | 10,268 | 9,272 | 12,004 | 11,222 | 10,420 | 11,943 | 13,543 | 11,855 | 11,617 | 12,309 | 13,361 | |
Growth YoY Revenue Growth YoY% | 7.0 | -2.9 | -0.5 | 15.6 | -10.0 | 1.5 | 28.8 | 12.8 | 5.6 | 11.5 | 3.1 | -1.4 |
Expenses ExpensesCr | 11,554 | 9,486 | 7,353 | 11,322 | 9,855 | 9,310 | 10,107 | 11,946 | 10,067 | 10,212 | 10,408 | 12,392 |
| 914 | 782 | 1,919 | 682 | 1,368 | 1,111 | 1,835 | 1,597 | 1,787 | 1,404 | 1,901 | 969 | |
OPM OPM% | 7.3 | 7.6 | 20.7 | 5.7 | 12.2 | 10.7 | 15.4 | 11.8 | 15.1 | 12.1 | 15.4 | 7.3 |
| 2,631 | 2,357 | 2,585 | 3,101 | 2,574 | 2,737 | 3,412 | 3,019 | 3,714 | 2,852 | 3,535 | 3,604 | |
Interest Expense Interest ExpenseCr | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
PBT PBTCr | 1,855 | 1,820 | 3,096 | 1,490 | 2,287 | 2,184 | 3,144 | 2,664 | 3,315 | 2,360 | 3,108 | 2,192 |
| 244 | 428 | 542 | 368 | 422 | 560 | 780 | 491 | 617 | 609 | 729 | 571 | |
| 1,612 | 1,392 | 2,554 | 1,122 | 1,865 | 1,623 | 2,364 | 2,173 | 2,698 | 1,751 | 2,378 | 1,621 | |
Growth YoY PAT Growth YoY% | -21.8 | 16.3 | -2.1 | 18.1 | 15.7 | 16.6 | -7.5 | 93.7 | 44.7 | 7.9 | 0.6 | -25.4 |
NPM NPM% | 12.9 | 13.6 | 27.6 | 9.3 | 16.6 | 15.6 | 19.8 | 16.0 | 22.8 | 15.1 | 19.3 | 12.1 |
| 15.2 | 8.2 | 14.7 | 8.0 | 10.6 | 9.6 | 14.2 | 14.4 | 16.4 | 9.8 | 14.4 | 9.9 |
| Quarter | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 12,468 | 10,268 | 9,272 | 12,004 | 11,222 | 10,420 | 11,943 | 13,543 | 11,855 | 11,617 | 12,309 | 13,361 | |
Growth YoY Revenue Growth YoY% | 7.0 | -2.9 | -0.5 | 15.6 | -10.0 | 1.5 | 28.8 | 12.8 | 5.6 | 11.5 | 3.1 | -1.4 |
Expenses ExpensesCr | 11,554 | 9,486 | 7,353 | 11,322 | 9,855 | 9,310 | 10,107 | 11,946 | 10,067 | 10,212 | 10,408 | 12,392 |
| 914 | 782 | 1,919 | 682 | 1,368 | 1,111 | 1,835 | 1,597 | 1,787 | 1,404 | 1,901 | 969 | |
OPM OPM% | 7.3 | 7.6 | 20.7 | 5.7 | 12.2 | 10.7 | 15.4 | 11.8 | 15.1 | 12.1 | 15.4 | 7.3 |
| 2,631 | 2,357 | 2,585 | 3,101 | 2,574 | 2,737 | 3,412 | 3,019 | 3,714 | 2,852 | 3,535 | 3,604 | |
Interest Expense Interest ExpenseCr | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
PBT PBTCr | 1,855 | 1,820 | 3,096 | 1,490 | 2,287 | 2,184 | 3,144 | 2,664 | 3,315 | 2,360 | 3,108 | 2,192 |
| 244 | 428 | 542 | 368 | 422 | 560 | 780 | 491 | 617 | 609 | 729 | 571 | |
| 1,612 | 1,392 | 2,554 | 1,122 | 1,865 | 1,623 | 2,364 | 2,173 | 2,698 | 1,751 | 2,378 | 1,621 | |
Growth YoY PAT Growth YoY% | -21.8 | 16.3 | -2.1 | 18.1 | 15.7 | 16.6 | -7.5 | 93.7 | 44.7 | 7.9 | 0.6 | -25.4 |
NPM NPM% | 12.9 | 13.6 | 27.6 | 9.3 | 16.6 | 15.6 | 19.8 | 16.0 | 22.8 | 15.1 | 19.3 | 12.1 |
| 15.2 | 8.2 | 14.7 | 8.0 | 10.6 | 9.6 | 14.2 | 14.4 | 16.4 | 9.8 | 14.4 | 9.9 |
| Financial Year | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue RevenueCr | 36,798 | 63,539 | 84,458 | 88,734 | 1,01,860 | 94,133 | 91,371 | 81,239 | 80,368 | 87,544 | 93,691 | 49,141 |
Growth Revenue Growth% | 15.6 | 72.7 | 32.9 | 5.1 | 14.8 | -7.6 | -2.9 | -11.1 | -1.1 | 8.9 | 7.0 | 4.3 |
Expenses ExpensesCr | 16,797 | 27,450 | 39,898 | 40,637 | 51,517 | 45,603 | 44,549 | 39,214 | 38,237 | 40,390 | 42,346 | 43,080 |
| 20,002 | 36,089 | 44,559 | 48,097 | 50,343 | 48,530 | 46,822 | 42,025 | 42,131 | 47,154 | 51,345 | 6,062 | |
OPM OPM% | 54.4 | 56.8 | 52.8 | 54.2 | 49.4 | 51.5 | 51.2 | 51.7 | 52.4 | 53.9 | 54.8 | 12.3 |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 159 | 441 | 302 | 13,705 | |
Interest Expense Interest ExpenseCr | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
PBT PBTCr | 2,988 | 3,770 | 3,630 | 3,854 | -366 | 3,069 | 3,755 | 8,031 | 7,925 | 9,105 | 11,447 | 10,975 |
| 108 | 496 | 435 | 1,216 | -87 | 1,244 | 1,556 | 1,454 | 1,417 | 2,131 | 2,446 | 2,526 | |
PAT PATCr | 2,880 | 3,274 | 3,195 | 2,638 | -278 | 1,825 | 2,199 | 6,577 | 6,508 | 6,974 | 9,000 | 8,449 |
Growth PAT Growth% | 7.0 | 13.7 | -2.4 | -17.4 | -110.5 | 755.8 | 20.5 | 199.1 | -1.1 | 7.2 | 29.1 | 5.3 |
NPM NPM% | 7.8 | 5.2 | 3.8 | 3.0 | -0.3 | 1.9 | 2.4 | 8.1 | 8.1 | 8.0 | 9.6 | 17.2 |
| 7.0 | 8.5 | 9.1 | 15.7 | -1.1 | 11.3 | 13.6 | 39.4 | 38.1 | 42.4 | 55.1 | 50.6 |
| Financial Year | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue RevenueCr | 36,798 | 63,539 | 84,458 | 88,734 | 1,01,860 | 94,133 | 91,371 | 81,239 | 80,368 | 87,544 | 93,691 | 49,141 |
Growth Revenue Growth% | 15.6 | 72.7 | 32.9 | 5.1 | 14.8 | -7.6 | -2.9 | -11.1 | -1.1 | 8.9 | 7.0 | 4.3 |
Expenses ExpensesCr | 16,797 | 27,450 | 39,898 | 40,637 | 51,517 | 45,603 | 44,549 | 39,214 | 38,237 | 40,390 | 42,346 | 43,080 |
| 20,002 | 36,089 | 44,559 | 48,097 | 50,343 | 48,530 | 46,822 | 42,025 | 42,131 | 47,154 | 51,345 | 6,062 | |
OPM OPM% | 54.4 | 56.8 | 52.8 | 54.2 | 49.4 | 51.5 | 51.2 | 51.7 | 52.4 | 53.9 | 54.8 | 12.3 |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 159 | 441 | 302 | 13,705 | |
Interest Expense Interest ExpenseCr | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
PBT PBTCr | 2,988 | 3,770 | 3,630 | 3,854 | -366 | 3,069 | 3,755 | 8,031 | 7,925 | 9,105 | 11,447 | 10,975 |
| 108 | 496 | 435 | 1,216 | -87 | 1,244 | 1,556 | 1,454 | 1,417 | 2,131 | 2,446 | 2,526 | |
PAT PATCr | 2,880 | 3,274 | 3,195 | 2,638 | -278 | 1,825 | 2,199 | 6,577 | 6,508 | 6,974 | 9,000 | 8,449 |
Growth PAT Growth% | 7.0 | 13.7 | -2.4 | -17.4 | -110.5 | 755.8 | 20.5 | 199.1 | -1.1 | 7.2 | 29.1 | 5.3 |
NPM NPM% | 7.8 | 5.2 | 3.8 | 3.0 | -0.3 | 1.9 | 2.4 | 8.1 | 8.1 | 8.0 | 9.6 | 17.2 |
| 7.0 | 8.5 | 9.1 | 15.7 | -1.1 | 11.3 | 13.6 | 39.4 | 38.1 | 42.4 | 55.1 | 50.6 |
| Financial Year | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital Equity CapitalCr | 430 | 430 | 439 | 877 | 877 | 877 | 877 | 877 | 877 | 877 | 877 | 877 |
Reserves ReservesCr | 40,079 | 49,790 | 32,354 | 33,016 | 26,318 | 31,586 | 35,131 | 44,308 | 54,379 | 60,623 | 69,604 | 73,241 |
Borrowings BorrowingsCr | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,44,007 |
Other Liabilities Other LiabilitiesCr | 0 | 0 | 21,196 | 22,023 | 11,621 | 21,016 | 24,037 | 22,285 | 30,435 | 27,302 | 21,568 | 1 |
Total Liabilities Total LiabilitiesCr | 40,509 | 50,220 | 53,989 | 55,916 | 38,816 | 53,479 | 60,045 | 67,470 | 85,692 | 88,801 | 92,049 | 2,18,126 |
| 198 | 182 | 172 | 173 | 297 | 290 | 299 | 304 | 303 | ||||
Advances AdvancesCr | 15,618 | 18,071 | 23,937 | 26,745 | 33,092 | 27,254 | 25,283 | 23,191 | 22,676 | 25,051 | 27,371 | |
Cash Equivalents Cash EquivalentsCr | 9,779 | 12,231 | 14,257 | 12,933 | 16,107 | 18,589 | 21,451 | 23,702 | 24,855 | 25,281 | 28,489 | 29,609 |
Other Assets Other AssetsCr | 15,112 | 19,917 | 15,795 | 16,041 | -10,564 | 7,465 | 13,138 | 20,280 | 37,870 | 38,170 | 35,885 | 1,88,213 |
Total Assets Total AssetsCr | 40,509 | 50,220 | 53,989 | 55,916 | 38,816 | 53,479 | 60,045 | 67,470 | 85,692 | 88,801 | 92,049 | 2,18,126 |
| Financial Year | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital Equity CapitalCr | 430 | 430 | 439 | 877 | 877 | 877 | 877 | 877 | 877 | 877 | 877 | 877 |
Reserves ReservesCr | 40,079 | 49,790 | 32,354 | 33,016 | 26,318 | 31,586 | 35,131 | 44,308 | 54,379 | 60,623 | 69,604 | 73,241 |
Borrowings BorrowingsCr | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,44,007 |
Other Liabilities Other LiabilitiesCr | 0 | 0 | 21,196 | 22,023 | 11,621 | 21,016 | 24,037 | 22,285 | 30,435 | 27,302 | 21,568 | 1 |
Total Liabilities Total LiabilitiesCr | 40,509 | 50,220 | 53,989 | 55,916 | 38,816 | 53,479 | 60,045 | 67,470 | 85,692 | 88,801 | 92,049 | 2,18,126 |
| 198 | 182 | 172 | 173 | 297 | 290 | 299 | 304 | 303 | ||||
Advances AdvancesCr | 15,618 | 18,071 | 23,937 | 26,745 | 33,092 | 27,254 | 25,283 | 23,191 | 22,676 | 25,051 | 27,371 | |
Cash Equivalents Cash EquivalentsCr | 9,779 | 12,231 | 14,257 | 12,933 | 16,107 | 18,589 | 21,451 | 23,702 | 24,855 | 25,281 | 28,489 | 29,609 |
Other Assets Other AssetsCr | 15,112 | 19,917 | 15,795 | 16,041 | -10,564 | 7,465 | 13,138 | 20,280 | 37,870 | 38,170 | 35,885 | 1,88,213 |
Total Assets Total AssetsCr | 40,509 | 50,220 | 53,989 | 55,916 | 38,816 | 53,479 | 60,045 | 67,470 | 85,692 | 88,801 | 92,049 | 2,18,126 |
| Financial Year | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 5,876 | 7,901 | 8,837 | 7,604 | 8,617 | 13,284 | 9,051 | 11,722 | -212 | 1,976 | 466 | |
| -4,534 | -4,354 | -5,502 | -7,865 | -4,595 | -10,453 | -6,723 | -9,999 | 1,677 | -926 | -2,075 | |
| 453 | -1,035 | -1,206 | -1,428 | -1,428 | 0 | 0 | -395 | -1,263 | -1,754 | -1,754 | |
Net Cash Flow Net Cash FlowCr | 2,030 | 2,452 | 2,026 | -1,324 | 3,174 | 2,482 | 2,863 | 2,251 | 274 | -53 | -7 |
Free Cash Flow Free Cash FlowCr | 5,834 | 7,967 | 8,821 | 7,564 | 8,614 | 13,278 | 9,036 | 11,589 | -217 | 1,952 | 453 |
CFO To PAT CFO To PAT% | 204.1 | 241.3 | 276.6 | 288.2 | -3,096.3 | 727.9 | 411.6 | 178.2 | -3.3 | 28.3 | 5.2 |
CFO To EBITDA CFO To EBITDA% | 29.4 | 21.9 | 19.8 | 15.8 | 17.1 | 27.4 | 19.3 | 27.9 | -0.5 | 4.2 | 0.9 |
| Financial Year | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 5,876 | 7,901 | 8,837 | 7,604 | 8,617 | 13,284 | 9,051 | 11,722 | -212 | 1,976 | 466 | |
| -4,534 | -4,354 | -5,502 | -7,865 | -4,595 | -10,453 | -6,723 | -9,999 | 1,677 | -926 | -2,075 | |
| 453 | -1,035 | -1,206 | -1,428 | -1,428 | 0 | 0 | -395 | -1,263 | -1,754 | -1,754 | |
Net Cash Flow Net Cash FlowCr | 2,030 | 2,452 | 2,026 | -1,324 | 3,174 | 2,482 | 2,863 | 2,251 | 274 | -53 | -7 |
Free Cash Flow Free Cash FlowCr | 5,834 | 7,967 | 8,821 | 7,564 | 8,614 | 13,278 | 9,036 | 11,589 | -217 | 1,952 | 453 |
CFO To PAT CFO To PAT% | 204.1 | 241.3 | 276.6 | 288.2 | -3,096.3 | 727.9 | 411.6 | 178.2 | -3.3 | 28.3 | 5.2 |
CFO To EBITDA CFO To EBITDA% | 29.4 | 21.9 | 19.8 | 15.8 | 17.1 | 27.4 | 19.3 | 27.9 | -0.5 | 4.2 | 0.9 |
| Financial Year | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Market Cap Market CapitalizationCr | 63,943 | 42,562 | 18,404 | 35,009 | 19,983 | 23,500 | 57,886 | 73,685 | 63,606 | 60,518 | ||
Price To Earnings Price To Earnings | 20.3 | 15.4 | 17.6 | 8.4 | 3.4 | 8.7 | 9.9 | 6.6 | 6.8 | |||
Price To Sales Price To Sales | 1.7 | 0.9 | 0.4 | 0.7 | 0.4 | 0.5 | 1.3 | 1.5 | 1.2 | 1.2 | ||
Price To Book Price To Book | 2.6 | 1.7 | 0.8 | 1.1 | 0.6 | 0.5 | 1.1 | 1.2 | 0.9 | 0.8 | ||
EV To EBITDA EV To EBITDA | 1.1 | 0.6 | 0.1 | 0.3 | 0.0 | 0.0 | 0.8 | 1.0 | 0.7 | 5.1 | ||
OPM OPM% | 54.4 | 56.8 | 52.8 | 54.2 | 49.4 | 51.5 | 51.2 | 51.7 | 52.4 | 53.9 | 54.8 | 12.3 |
NPM NPM% | 7.8 | 5.2 | 3.8 | 3.0 | -0.3 | 1.9 | 2.4 | 8.1 | 8.1 | 8.0 | 9.6 | 17.2 |
ROCE ROCE% | 7.4 | 7.5 | 11.1 | 11.4 | -1.3 | 9.4 | 10.4 | 17.8 | 14.3 | 14.8 | 16.2 | 5.0 |
ROE ROE% | 7.1 | 6.5 | 9.7 | 7.8 | -1.0 | 5.6 | 6.1 | 14.6 | 11.8 | 11.3 | 12.8 | 11.4 |
ROA ROA% | 7.1 | 6.5 | 5.9 | 4.7 | -0.7 | 3.4 | 3.7 | 9.8 | 7.6 | 7.8 | 9.8 | 3.9 |
| Financial Year | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Market Cap Market CapitalizationCr | 63,943 | 42,562 | 18,404 | 35,009 | 19,983 | 23,500 | 57,886 | 73,685 | 63,606 | 60,518 | ||
Price To Earnings Price To Earnings | 20.3 | 15.4 | 17.6 | 8.4 | 3.4 | 8.7 | 9.9 | 6.6 | 6.8 | |||
Price To Sales Price To Sales | 1.7 | 0.9 | 0.4 | 0.7 | 0.4 | 0.5 | 1.3 | 1.5 | 1.2 | 1.2 | ||
Price To Book Price To Book | 2.6 | 1.7 | 0.8 | 1.1 | 0.6 | 0.5 | 1.1 | 1.2 | 0.9 | 0.8 | ||
EV To EBITDA EV To EBITDA | 1.1 | 0.6 | 0.1 | 0.3 | 0.0 | 0.0 | 0.8 | 1.0 | 0.7 | 5.1 | ||
OPM OPM% | 54.4 | 56.8 | 52.8 | 54.2 | 49.4 | 51.5 | 51.2 | 51.7 | 52.4 | 53.9 | 54.8 | 12.3 |
NPM NPM% | 7.8 | 5.2 | 3.8 | 3.0 | -0.3 | 1.9 | 2.4 | 8.1 | 8.1 | 8.0 | 9.6 | 17.2 |
ROCE ROCE% | 7.4 | 7.5 | 11.1 | 11.4 | -1.3 | 9.4 | 10.4 | 17.8 | 14.3 | 14.8 | 16.2 | 5.0 |
ROE ROE% | 7.1 | 6.5 | 9.7 | 7.8 | -1.0 | 5.6 | 6.1 | 14.6 | 11.8 | 11.3 | 12.8 | 11.4 |
ROA ROA% | 7.1 | 6.5 | 5.9 | 4.7 | -0.7 | 3.4 | 3.7 | 9.8 | 7.6 | 7.8 | 9.8 | 3.9 |
Documents — General Insurance Corporation of India
Concall Transcript Summaries — General Insurance Corporation of India