General Insurance Corporation of India
- Market cap
- ₹ 56,840 Cr.
- P/E
- 6.4x
- P/B
- 0.95x
- 52-week range
- 308 – 417.95
- ROE
- 15%
- ROCE
- 17%
- Dividend yield
- 4.2%
- Debt / equity
- 0
- Sector
- Insurance
- Industry
- General Insurance
- Listed on
- NSE, BSE
About
General Insurance Corporation of India is an India-based global reinsurance solutions provider. The Company's segments include Fire, Miscellaneous, Marine and Life. The Miscellaneous segment includes Motor, Aviation, Engineering, Workmen Compensation, Liability. Personal Accident, Health, Agriculture, Other Misc. and FLCredit. Marine segment includes Marine Cargo and Marine Hull. In the domestic market, it provides reinsurance to the direct general insurance companies in the Indian market. The Company has started leading the reinsurance programs of several insurance companies in SAARC countries, Southeast Asia, Middle East and Africa. It offers various property reinsurance, such as facultative, treaty, proportional treaty, non-proportional treaty. Its international aviation reinsurance includes airlines, general aviation int (other than SAARC), general aviation SAARC, treaty- proportional and treaty- nonproportional. It also underwrites agriculture/weather insurance (foreign).
Quick check
The five things to look at first. Open one for more.
Compared with its industry
General Insurance: 6 companies →General Insurance Corporation of India against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)6.4 against a typical 33.1: cheaper than most peers (1st = cheapest).1st of 6
- Sales growth−1.5% against a typical +10.8% from a year earlier.6th of 6
- Profit growth−31.1% against a typical −7.9% from a year earlier.4th of 6
- Share price, 3 months−9.5% against a typical −6.7%.4th of 6
- Size₹ 56,840.3 Cr. market value against a typical ₹ 25,004.8 Cr. (1st = largest).1st of 3
Credit ratings
Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates
Highest safety
Rated AAA by CARE- No warnings from the agency.
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| CARE | CARE AAA | Stable | 5 Jan 2026 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 5 Jan 2026 | Reaffirmed | CARE AAA | — | CARE | — |
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 30 Oct 2026Upcoming | Financial Results/Other business matters | To consider and approve the financial results for the period ended September 30, 2026 and other business matters |
| 13 Aug 2026 | Financial Results/Other business matters | GICRE : 13-Aug-2026 : The Company has informed the Exchange that a Board meeting to be held on August 12, 2026 has been re-scheduled. Further, the Company has informed the Exchange that the meeting of the Board of Directors of the Company will be held on August 13, 2026, To consider and approve the financial results for the period ended Jun 30, 2026 and other business matters |
| 12 Aug 2026 | Financial Results/Other business matters | To consider and approve the financial results for the period ended Jun 30, 2026 and other business matters |
| 26 May 2026 | Financial Results/Dividend/Other business matters | To consider and approve the financial results for the period ended March 31, 2026, dividend and other business matters |
| 7 Feb 2026 | Financial Results/Other business matters | To consider and approve the financial results for the period ended December 31, 2025 and other business matters |
| 12 Nov 2025 | Financial Results/Other business matters | To consider and approve the financial results for the period ended September 30, 2025 and other business matters |
| 7 Aug 2025 | Financial Results/Other business matters | To consider and approve the financial results for the period ended Jun 30, 2025 and other business matters |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 13,075 | 11,148 | 10,254 | 12,886 | 12,378 | 11,144 | 13,209 | 14,623 | 12,755 | 12,589 | 13,018 | 14,401 |
| Expenses | 11,611 | 9,523 | 7,290 | 11,413 | 9,998 | 9,215 | 10,210 | 12,018 | 9,993 | 10,223 | 10,556 | 12,380 |
| Operating Profit | 1,465 | 1,625 | 2,964 | 1,473 | 2,380 | 1,929 | 2,998 | 2,605 | 2,762 | 2,366 | 2,463 | 2,021 |
| OPM % | 11% | 15% | 29% | 11% | 19% | 17% | 23% | 18% | 22% | 19% | 19% | 14% |
| Other Income | 391 | 195 | 131 | 17 | −93 | 255 | 146 | 59 | 553 | 135 | 645 | 171 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 1,855 | 1,820 | 3,096 | 1,490 | 2,287 | 2,184 | 3,144 | 2,664 | 3,315 | 2,501 | 3,108 | 2,192 |
| Tax % | 13% | 24% | 18% | 25% | 18% | 26% | 25% | 18% | 19% | 24% | 23% | 26% |
| Net Profit | 1,689 | 1,439 | 2,580 | 1,401 | 1,856 | 1,677 | 2,499 | 2,531 | 2,874 | 1,726 | 2,533 | 1,744 |
| EPS in Rs | 9.63 | 8.2 | 14.71 | 7.98 | 10.58 | 9.56 | 14.24 | 14.42 | 16.38 | 9.84 | 14.44 | 9.94 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- 13%
- 5 Years
- 2%
- 3 Years
- 4%
- TTM
- 3%
- 10 Years
- 20%
- 5 Years
- 37%
- 3 Years
- 12%
- TTM
- 4%
- 10 Years
- —
- 5 Years
- 20%
- 3 Years
- 18%
- TTM
- —
- 10 Years
- 10%
- 5 Years
- 12%
- 3 Years
- 12%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| General Insurance Corporation of India | ₹ 325.00 | ₹ 56,840 Cr. | 6.4x | 1x | 15% | — |
| Bajaj Finserv | ₹ 1,656.00 | ₹ 2,65,301 Cr. | 17.5x | 3.8x | 13% | 13.1% |
| HDFC Life Insurance Company | ₹ 523.50 | ₹ 1,13,735 Cr. | 62.7x | 6.9x | 10.8% | 1.9% |
| Aditya Birla Capital | ₹ 346.75 | ₹ 94,929 Cr. | 21.1x | 3.1x | 11.6% | 8.6% |
| Canara HSBC Life Insurance Company | ₹ 124.90 | ₹ 11,881 Cr. | 112.6x | 8.9x | — | 1.2% |
Management
- Hitesh Rameshchandra Joshi
- Executive Chairman, Managing Director
- Rajesh Laheri
- Chief Financial Officer
- Radhika Ravishekar
- Chief Investment Officer, Deputy General Manager
- Rajesh Khadatare
- Chief Marketing Officer, Deputy General Manager
- Satheesh Kumar
- Compliance Officer, Company Secretary
- Jayashri Balkrishna
- Chief Risk Officer, General Manager, Executive Director
- V. Balkrishna
- General Manager
- Sateesh N. Bhat
- General Manager, Actuary - Non-Life Insurance
Prices are delayed and for information only. Nothing on this page is investment advice.