GIC - General Insurance Corporation of India Share Price

  • 377.45-8.16 (-2.12%)
  • Volume: 29,38,327
  • Closed
  • Last Updated On: 27 Jun, 2024, 04:02 PM IST
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GIC - General Insurance...

  • 377.45-8.16 (-2.12%)
  • Volume: 29,38,327
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GIC share price insights

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  • In the last 6 years, only 2.17 % trading sessions saw intraday declines higher than 5 % .

  • Company has no debt since last 5 years. (Source: Consolidated Financials)

  • Company has used Rs 8872.14 cr for investing activities which is an YoY decrease of 11.27%. (Source: Consolidated Financials)

  • 20 day moving crossover appeared yesterday. Average price decline of -3.17% within 7 days of this signal in last 5 years.

  • General Insurance Corporation of India share price moved down by -2.12% from its previous close of Rs 385.60. General Insurance Corporation of India stock last traded price is 377.45

    Share PriceValue
    Today/Current/Last377.45
    Previous Day385.60386.00

InsightsGIC

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    Key Metrics

    PE Ratio
    (x)
    9.90
    EPS - TTM
    (₹)
    38.11
    MCap
    (₹ Cr.)
    67,649.66
    Sectoral MCap Rank
    8
    PB Ratio
    (x)
    1.22
    Div Yield
    (%)
    2.65
    Face Value
    (₹)
    5.00
    Beta

    Beta

    1 Month0.12
    3 Months0.55
    6 Months0.81
    1 Year0.44
    3 Years-

    0.12
    VWAP
    (₹)
    389.17
    52W H/L
    (₹)
    467.80 / 180.75

    GIC Share Price Returns

    1 Day-2.12%
    1 Week-2.66%
    1 Month3.54%
    3 Months13.91%
    1 Year106.88%
    3 Years90.29%
    5 Years82.34%

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    GIC Share Analysis

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    GIC Share Recommendations

    Recent Recos

    HOLD

    Current

    Mean Recos by 4 Analysts

    Strong
    Sell
    SellHoldBuyStrong
    Buy

    That's all for GIC recommendations. Check out other stock recos.

    Analyst Trends

    RatingsCurrent1 Week Ago1 Month Ago3 Months Ago
    Strong Buy----
    Buy2211
    Hold----
    Sell2233
    Strong Sell----
    # Analysts4444

    GIC Financials

    • Income (P&L)

    • Balance Sheet

    • Cash Flow

    • Ratios

    • Quarterly | AnnualMar 2024Dec 2023Sep 2023Jun 2023Mar 2023
      Total Income10,385.5811,352.1413,465.8911,353.259,321.67
      Total Income Growth (%)-8.51-15.7018.6121.79-19.60
      Total Expenses6,702.359,531.9211,610.5210,199.676,296.67
      Total Expenses Growth (%)-29.69-17.9013.8361.99-38.80
      EBIT3,683.231,820.221,855.371,153.583,025.00
      EBIT Growth (%)102.35-1.8960.84-61.87131.88
      Profit after Tax (PAT)2,580.421,438.841,688.95977.662,729.18
      PAT Growth (%)79.34-14.8172.75-64.18121.48
      EBIT Margin (%)35.4616.0313.7810.1632.45
      Net Profit Margin (%)24.8512.6712.548.6129.28
      Basic EPS (₹)14.7123.4015.205.5715.56
      Quarterly | AnnualMar 2024Dec 2023Sep 2023Jun 2023Mar 2023
      Total Income10,332.1711,328.7613,459.2111,267.969,258.59
      Total Income Growth (%)-8.80-15.8319.4521.70-19.93
      Total Expenses6,573.339,404.9411,611.6110,332.796,254.33
      Total Expenses Growth (%)-30.11-19.0012.3865.21-39.09
      EBIT3,758.841,923.821,847.60935.173,004.26
      EBIT Growth (%)95.384.1397.57-68.87131.97
      Profit after Tax (PAT)2,642.481,517.961,605.09731.772,563.84
      PAT Growth (%)74.08-5.43119.34-71.46113.83
      EBIT Margin (%)36.3816.9813.738.3032.45
      Net Profit Margin (%)25.5813.4011.936.4927.69
      Basic EPS (₹)15.0621.9713.324.1714.61
      Quarterly | Annual FY 2024 FY 2023 FY 2022 FY 2021 FY 2020
      Total Revenue46,556.8747,750.4649,739.3248,594.3752,098.44
      Total Revenue Growth (%)-2.50-4.002.36-6.7315.59
      Total Expenses38,044.4739,206.7445,984.6745,525.0552,464.11
      Total Expenses Growth (%)-2.96-14.741.01-13.2327.28
      Profit after Tax (PAT)6,685.876,907.312,386.281,991.59-186.46
      PAT Growth (%)-3.21189.4619.82--106.76
      Operating Profit Margin (%)18.7618.257.696.44-0.70
      Net Profit Margin (%)14.7314.614.814.09-0.35
      Basic EPS (₹)38.1139.3713.6011.35-1.06
      Quarterly | Annual FY 2024 FY 2023 FY 2022 FY 2021 FY 2020
      Total Revenue46,368.0947,426.9049,378.3848,484.6255,025.05
      Total Revenue Growth (%)-2.23-3.951.84-11.8923.96
      Total Expenses37,902.6639,164.9145,818.2445,321.2455,471.02
      Total Expenses Growth (%)-3.22-14.521.10-18.3035.45
      Profit after Tax (PAT)6,497.306,312.502,005.741,920.44-359.09
      PAT Growth (%)2.93214.724.44--116.14
      Operating Profit Margin (%)18.7317.747.346.64-0.81
      Net Profit Margin (%)14.3713.434.073.96-0.65
      Basic EPS (₹)37.0335.9811.4310.95-2.05

      All figures in Rs Cr, unless mentioned otherwise

    • Insights

      • Zero Debt Burden

        Company has no debt since last 5 years. (Source: Consolidated Financials)
      Annual FY 2024 FY 2023 FY 2022 FY 2021 FY 2020
      Total Assets1,84,452.241,62,730.741,51,840.551,40,264.641,20,581.19
      Total Assets Growth (%)13.357.178.2516.32-1.33
      Total Liabilities1,29,195.681,17,546.001,23,013.521,07,801.2193,385.84
      Total Liabilities Growth (%)9.91-4.4414.1115.445.74
      Total Equity55,256.5645,184.7428,827.0232,463.4327,195.35
      Total Equity Growth (%)22.2956.74-11.2019.37-19.76
      Current Ratio (x)0.480.490.510.530.60
      Total Debt to Equity (x)0.000.000.000.000.00
      Contingent Liabilities0.0021,235.6024,411.2011,966.5910,437.86
      Annual FY 2024 FY 2023 FY 2022 FY 2021 FY 2020
      Total Assets1,78,285.811,57,124.601,44,887.371,34,661.221,16,196.20
      Total Assets Growth (%)13.478.457.5915.89-2.26
      Total Liabilities1,26,290.701,15,147.821,18,754.911,04,457.7290,997.55
      Total Liabilities Growth (%)9.68-3.0413.6914.794.46
      Total Equity51,995.1141,976.7926,132.4630,203.5025,198.65
      Total Equity Growth (%)23.8760.63-13.4819.86-20.68
      Current Ratio (x)0.480.490.500.520.60
      Total Debt to Equity (x)0.000.000.000.000.00
      Contingent Liabilities0.0020,550.2624,411.2017,016.6810,437.86

      All figures in Rs Cr, unless mentioned otherwise

    • Insights

      • Decrease in Cash from Investing

        Company has used Rs 8872.14 cr for investing activities which is an YoY decrease of 11.27%. (Source: Consolidated Financials)
      Annual FY 2024 FY 2023 FY 2022 FY 2021 FY 2020
      Net Cash flow from Operating Activities11,144.4511,722.249,007.2213,283.618,616.98
      Net Cash used in Investing Activities-8,872.14-9,999.19-6,679.29-10,453.20-4,595.16
      Net Cash flow from Financing Activities-1,263.17-394.74---1,427.65
      Net Cash Flow1,152.742,251.102,862.532,482.073,173.60
      Closing Cash & Cash Equivalent24,855.1823,702.4421,451.3418,588.8116,106.73
      Closing Cash & Cash Equivalent Growth (%)4.8610.4915.4015.4124.54
      Total Debt/ CFO (x)0.000.000.000.000.00
      Annual FY 2024 FY 2023 FY 2022 FY 2021 FY 2020
      Net Cash flow from Operating Activities10,743.7911,349.128,341.8512,823.668,224.59
      Net Cash used in Investing Activities-8,514.51-9,594.55-6,074.77-10,118.88-4,334.68
      Net Cash flow from Financing Activities-1,263.17-394.74---1,427.65
      Net Cash Flow1,104.602,201.172,789.032,440.313,005.88
      Closing Cash & Cash Equivalent24,388.8823,284.2921,083.1218,294.0915,853.78
      Closing Cash & Cash Equivalent Growth (%)4.7410.4415.2515.3923.40
      Total Debt/ CFO (x)0.000.000.000.000.00

      All figures in Rs Cr, unless mentioned otherwise

    • Insights

      • ROE Outperforming 5 Year Average

        Company delivered ROE of 12.09% in year ending 31 Mar, 2024 outperforming its 5 year avg. of 9.41%. (Source: Consolidated Financials)
      Annual FY 2024 FY 2023 FY 2022 FY 2021 FY 2020
      Return on Equity (%)12.0915.288.276.13-0.68
      Return on Capital Employed (%)9.9312.786.355.85-0.94
      Return on Assets (%)3.624.241.571.41-0.15
      Interest Coverage Ratio (x)0.00106.9261.0651.670.00
      Asset Turnover Ratio (x)0.260.300.350.370.43
      Price to Earnings (x)8.673.408.3817.61-99.01
      Price to Book (x)1.050.520.691.080.68
      EV/EBITDA (x)3.88-0.02-0.385.22-6.28
      EBITDA Margin (%)18.7618.277.726.47-0.70
      Annual FY 2024 FY 2023 FY 2022 FY 2021 FY 2020
      Return on Equity (%)12.4915.037.676.35-1.42
      Return on Capital Employed (%)10.2612.976.316.29-1.21
      Return on Assets (%)3.644.011.381.42-0.30
      Interest Coverage Ratio (x)0.00107.6261.2853.480.00
      Asset Turnover Ratio (x)0.270.310.350.390.47
      Price to Earnings (x)8.913.729.9718.25-51.28
      Price to Book (x)1.110.560.761.160.73
      EV/EBITDA (x)3.960.03-0.305.16-5.72
      EBITDA Margin (%)18.7317.767.376.67-0.81

    Financial InsightsGIC

    • Balance Sheet
    • Cash Flow
    • Ratios
      • Zero Debt Burden

        Company has no debt since last 5 years. (Source: Consolidated Financials)

      • Decrease in Cash from Investing

        Company has used Rs 8872.14 cr for investing activities which is an YoY decrease of 11.27%. (Source: Consolidated Financials)

      • ROE Outperforming 5 Year Average

        Company delivered ROE of 12.09% in year ending 31 Mar, 2024 outperforming its 5 year avg. of 9.41%. (Source: Consolidated Financials)

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    GIC Share Price Forecast

    • PRICE

    • REVENUE

    • EARNINGS

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      • Details about company earnings
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    GIC Peer Comparison

    • GIC Stock Performance

    • Ratio Performance

    • Insights

      • Stock Returns vs Nifty 100

        Stock gave a 3 year return of 92.77% as compared to Nifty 100 which gave a return of 52.57%. (as of last trading session)
      • Stock Returns vs Nifty Financial Services

        Stock generated 92.77% return as compared to Nifty Financial Services which gave investors 34.6% return over 3 year time period. (as of last trading session)
      • There’s no suggested peer for this stock.
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    • Insights

      • Stock Returns vs Nifty 100

        Stock gave a 3 year return of 92.77% as compared to Nifty 100 which gave a return of 52.57%. (as of last trading session)
      • Stock Returns vs Nifty Financial Services

        Stock generated 92.77% return as compared to Nifty Financial Services which gave investors 34.6% return over 3 year time period. (as of last trading session)

      Ratio Performance

      NAMEP/E (x)P/B (x)ROE %ROCE %ROA %Rev CAGR [3Yr]OPMNPMBasic EPSCurrent RatioTotal Debt/ Equity (x)Total Debt/ CFO (x)
      GIC10.121.2212.099.933.62-1.4018.7614.3438.110.480.000.00
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      Annual Ratios (%)

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        Peers InsightsGIC

        • Stock Returns vs Nifty 100

          Stock gave a 3 year return of 92.77% as compared to Nifty 100 which gave a return of 52.57%. (as of last trading session)

        • Stock Returns vs Nifty Financial Services

          Stock generated 92.77% return as compared to Nifty Financial Services which gave investors 34.6% return over 3 year time period. (as of last trading session)

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        GIC Shareholding Pattern

        • QOQ Change

        • Total Shareholdings

        • Loading...
          Showing GIC Shareholding as on 31 Mar 2024
          Category31 Mar 202431 Dec 202330 Sep 202330 Jun 2023
          Promoters85.7885.7885.7885.78
          Pledge0.000.000.000.00
          FII0.870.950.860.77
          DII9.929.989.899.87
          Mutual Funds0.150.220.130.12
          Others3.423.283.463.57
        • Showing Shareholding as on 31 Mar 2024
          CategoryNo. of SharesPercentage% Change QoQ
          Promoters1,50,50,00,00085.78 %0.00
          Pledge00.00 %0.00
          FII1,51,62,7180.87 %-0.07
          DII17,40,44,9439.92 %-0.06
          MF26,17,2570.15 %-0.07
          Others6,01,92,3393.42 %0.14

        MF Ownership

        MF Ownership details are not available.

        Corporate Actions

        • GIC Board Meeting/AGM

        • GIC Dividends

        • Others
        • Meeting DateAnnounced onPurposeDetails
          May 28, 2024May 17, 2024Board MeetingAudited Results & Dividend
          Apr 15, 2024Apr 05, 2024Board MeetingOthers
          Feb 07, 2024Jan 29, 2024Board MeetingQuarterly Results
          Dec 08, 2023Dec 01, 2023Board MeetingOthers
          Nov 09, 2023Oct 27, 2023Board MeetingQuarterly Results
        • TypeDividendDividend per ShareEx-Dividend DateAnnounced on
          Final144%7.2Sep 08, 2023May 25, 2023
          Final45%2.25Jun 07, 2022May 27, 2022
          Final135%6.75Jul 19, 2019May 23, 2019
          Final270%13.5Jul 12, 2018May 25, 2018
          Final200%10.0-May 28, 2024
        • All TypesEx-DateRecord DateAnnounced onDetails
          BonusJul 12, 2018Jul 14, 2018May 25, 2018Bonus Ratio: 1 share(s) for every 1 shares held

        About GIC

        General Insurance Corporation of India, incorporated in the year 1972, is a Large Cap company (having a market cap of Rs 67,649.66 Crore) operating in Financial Services sector. General Insurance Corporation of India key Products/Revenue Segments include Miscellaneous Insurance, Fire Insurance, Other Operating Revenue, Marine Insurance and Life Insurance for the year ending 31-Mar-2022. Show More

        • Executives

        • Auditors

        • DS

          Devesh Srivastava

          Chairman & Managing Director
          AM

          A Manimekhalai

          Non Executive Director
          MP

          M P Tangirala

          Non Executive Director
          PB

          Priya Bhushan Sharma

          Non Executive Director
          Show More
        • D R Mohnot & Co.
          PKF Sridhar & Santhanam�LLP
          J Singh & Associates
          Samria & Co

        FAQs about GIC share

        • 1. What's the GIC share price today?
          As on 27 Jun, 2024, 04:02 PM IST GIC share price was down by 2.12% basis the previous closing price of Rs 390.35. GIC share price was Rs 377.45. Return Performance of GIC Shares:
          • 1 Week: GIC share price moved down by 2.66%
          • 1 Month: GIC share price moved up by 3.54%
          • 3 Month: GIC share price moved up by 13.91%
          • 6 Month: GIC share price moved up by 20.32%
        • 2. What is the PE & PB ratio of GIC?
          The PE ratio of GIC stands at 10.12, while the PB ratio is 1.22.
        • 3. Should I buy, sell or hold GIC?
          As per Refinitiv (erstwhile Thomson Reuters), overall mean recommendation by 4 analysts for GIC stock is to Hold. Recommendation breakup is as follows
          • 2 analysts are recommending to Buy
          • 2 analysts are recommending to Sell
        • 4. Who's the chairman of GIC?
          Devesh Srivastava is the Chairman & Managing Director of GIC
        • 5. Who's the owner of GIC?
          Following are the key changes to GIC shareholding:
          • Promoter holding has not changed in last 9 months and holds 85.78 stake as on 31 Mar 2024
          • Domestic Institutional Investors holding has gone up from 9.87 (30 Jun 2023) to 9.92 (31 Mar 2024)
          • Foreign Institutional Investors holding has gone up from 0.77 (30 Jun 2023) to 0.87 (31 Mar 2024)
          • Other investor holding have gone down from 3.57 (30 Jun 2023) to 3.42 (31 Mar 2024)
        • 6. What is the CAGR of GIC?
          The CAGR of GIC is -1.69.
        • 7. What are the key metrics to analyse GIC Share Price?
          Key Metrics for GIC are:
          • PE Ratio of GIC is 9.90
          • Price/Sales ratio of GIC is 1.28
          • Price to Book ratio of GIC is 1.22
        • 8. What are the returns for GIC share?
          Return Performance of GIC Shares:
          • 1 Week: GIC share price moved down by 2.66%
          • 1 Month: GIC share price moved up by 3.54%
          • 3 Month: GIC share price moved up by 13.91%
          • 6 Month: GIC share price moved up by 20.32%
        • 9. What dividend is GIC giving?
          An equity Final dividend of Rs 7.2 per share was declared by General Insurance Corporation of India on 25 May 2023. So, company has declared a dividend of 144% on face value of Rs 5 per share. The ex dividend date was 08 Sep 2023.
        • 10. What are the GIC quarterly results?
          Total Revenue and Earning for GIC for the year ending 2024-03-31 was Rs 46556.87 Cr and Rs 6685.87 Cr on Consolidated basis. Last Quarter 2024-03-31, GIC reported an income of Rs 10385.58 Cr and profit of Rs 2580.42 Cr.
        • 11. What is 52 week high/low of GIC share price?
          52 Week high of GIC share is Rs 467.80 while 52 week low is Rs 180.75
        • 12. What's the market capitalization of GIC?
          Market Capitalization of GIC stock is Rs 67,649.66 Cr.

        DATA SOURCES: TickerPlant (for live BSE/NSE quotes service) and Dion Global Solutions Ltd. (for corporate data, historical price & volume, F&O data). Sensex & BSE Quotes and Nifty & NSE Quotes are real-time and licensed from BSE and NSE respectively. All timestamps are reflected in IST (Indian Standard Time).

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