General Insurance Corporation of India Share Price & Analysis
Price Chart
Fundamentals
Strengths
- Efficient capital deployment (ROCE 17.4%)
- Attractively valued vs sector (P/E 6.4x vs industry 33.1x)
- Virtually debt-free
- Regular dividends — yield 4.1%
Concerns
Peer Comparison
| Company | CMP | Mkt Cap | P/E | P/B | ROE % | ROCE % | D/E |
|---|---|---|---|---|---|---|---|
| HDFCBANK HDFC Bank Limited | ₹685 | ₹10.7L Cr | 13.3 | 1.75 | 13.6 | 7.02 | — |
| ICICIBANK ICICI Bank Limited | ₹1,378 | ₹10.0L Cr | 17 | 2.55 | 15.9 | 7.18 | — |
| SBIN State Bank of India | ₹957 | ₹8.8L Cr | 10.5 | 1.42 | 15.4 | 6.13 | — |
| BAJFINANCE Bajaj Finance Limited | ₹917 | ₹5.8L Cr | 26.4 | 4.63 | 18.2 | 10.9 | — |
| LICI Life Insurance Corporation Of India | ₹391 | ₹4.8L Cr | 8.03 | 2.8 | 37.8 | 35.1 | 0 |
| KOTAKBANK Kotak Mahindra Bank Limited | ₹440 | ₹4.3L Cr | 20.2 | 2.24 | 11.4 | 6.98 | — |
| AXISBANK Axis Bank Limited | ₹1,220 | ₹3.8L Cr | 12.7 | 1.65 | 13.1 | 6.24 | — |
Showing 7 peers in the same sector · Sorted by market cap
Shareholding Pattern
GICRE · as of Mar 2026
| Category | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Promoters | 85.78% | 85.78% | 85.78% | 82.40% | 82.40% | 82.40% |
| FII | 0.95% | 0.87% | 1.05% | 1.34% | 1.80% | 1.93% |
| DII | 11.11% | 11.06% | 10.91% | 13.72% | 13.70% | 13.68% |
| Public | 2.15% | 2.30% | 2.25% | 2.56% | 2.10% | 2.00% |
Corporate Events
To consider and approve the financial results for the period ended September 30, 2026 and other business matters
Dividend - Rs 13.25 Per Share
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
To consider and approve the financial results for the period ended Jun 30, 2026 and other business matters
To consider and approve the financial results for the period ended March 31, 2026, dividend and other business matters
Dividend - Rs 10 Per Share
Record: 4 Sept 2025
Dividend - Rs 10 Per Share
Dividend - Rs 7.20 Per Share
Latest News
All newsMGFL holds board meeting on October 19, 2026
*MGFL holds board meeting on October 19, 2026.* The company announced the outcome of its recent board meeting, with no major financial or strategic announcements disclosed. Details remain limited to routine corporate filing. Investors await further updates. 📊 *STOCKS:* MGFL | 🏢 *SECTOR:* CapitalMarkets | #LOWIMPACT #BoardMeeting
GIC Re announces Q1 FY27 financial results
*GIC Re announces Q1 FY27 financial results*. The reinsurer reported a net profit of **₹327 crore** for the quarter ended June 2026, down from ₹403 crore a year ago. Gross premium income stood at **₹7,892 crore**, up from **₹7,210 crore** in Q1 FY26. Results reflect increased claims and global underwriting challenges. 📊 *STOCKS:* $GICRE | 🏢 *SECTOR:* Insurance | #HIGHIMPACT #Earnings
GIC Re reports Q1 FY26 financial results
*GIC Re reports Q1 FY26 financial results.* The company has submitted its financial results for the quarter ended June 30, 2026. Key metrics include **₹X crore** in profit and **₹Y crore** in gross premium income. Results reflect underwriting performance and reinsurance demand trends. 📊 *STOCKS:* $GICRE | 🏢 *SECTOR:* Insurance | #HIGHIMPACT #Earnings
NSE's IPO gets SEBI approval, state-owned firms in focus
*NSE's IPO gets SEBI approval, state-owned firms in focus.* Investors await launch as **NSE** prepares for listing. Shares of **SBIN**, **GICRE**, **BANKBARODA**, and **IFCI** see increased interest. Market awaits filing of draft red herring prospectus and timeline. 📊 *STOCKS:* $SBIN $GICRE $BANKBARODA $IFCI | 🏢 *SECTOR:* CapitalMarkets | #HIGHIMPACT #IPO
GIC Re reports Q4 earnings; market awaits key numbers
*GIC Re reports Q4 earnings; market awaits key numbers*. The insurer's performance could influence sentiment in the public sector insurance space. Traders should watch for **premium growth**, **underwriting profits**, and **ROE** trends. Deviations from expectations may trigger volatility in GICRE shares. 📊 *STOCKS:* GICRE | 🏢 *SECTOR:* Insurance | #HIGHIMPACT #Earnings
MGFL publishes notice in newspaper as per regulatory norms
*MGFL publishes notice in newspaper as per regulatory norms.* The company has shared a copy of its newspaper publication with the exchange. This is a routine corporate disclosure with no **financial impact** or operational change indicated. Such filings are typically part of statutory or regulatory compliance. 📊 *STOCKS:* $MGFL | 🏢 *SECTOR:* CapitalMarkets | #LOWIMPACT #RegulatoryFiling
MGFL to hold postal ballot for shareholders.
*MGFL to hold postal ballot for shareholders.* The company has issued a notice for a postal ballot as part of its corporate governance process. Details of the resolution(s) were not disclosed in the filing. Such ballots are routine and typically precede shareholder meetings. 📊 *STOCKS:* $MGFL | 🏢 *SECTOR:* CapitalMarkets | #LOWIMPACT #ShareholdersMeeting
GIC Re calls postal ballot, no immediate market trigger
*GIC Re calls postal ballot, no immediate market trigger.* The move follows a mandatory notice published in newspapers for shareholder participation. No financial figures or strategic changes disclosed. Likely procedural with no direct impact on operations or earnings. 📊 *STOCKS:* GICRE | 🏢 *SECTOR:* Insurance | #LOWIMPACT #GICRe
MGFL publishes e-voting results of 96th AGM
*MGFL publishes e-voting results of 96th AGM* as per exchange filing. The company submitted the published copy of the electronic and remote e-voting results of its 96th Annual General Meeting. This is a routine corporate disclosure with no immediate financial impact. 📊 *STOCKS:* MGFL | 🏢 *SECTOR:* CapitalMarkets | #LOWIMPACT #AGM
GIC Housing Finance shares unchanged after postal ballot results.
*GIC Housing Finance shares unchanged after postal ballot results.* The company shared the scrutinizers' report and voting outcomes from its postal ballot with the exchange. No major financial or strategic decisions were disclosed. The update is procedural and does not impact near-term earnings or operations. 📊 *STOCKS:* $GICRE | 🏢 *SECTOR:* CapitalMarkets | #LOWIMPACT #CapitalMarkets
Financials
Quarterly Results
| Metric | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₹12.6K Cr 1.3% | ₹12.8K Cr 12.8% | ₹14.6K Cr 10.7% | ₹13.2K Cr 18.5% | ₹11.1K Cr 10.0% | ₹12.4K Cr 3.9% | ₹12.9K Cr 25.7% | ₹10.3K Cr |
| Op. Profit | ₹2.4K Cr 14.3% | ₹2.8K Cr 6.0% | ₹2.6K Cr 13.1% | ₹3.0K Cr 55.4% | ₹1.9K Cr 18.9% | ₹2.4K Cr 61.6% | ₹1.5K Cr 50.3% | ₹3.0K Cr |
| OPM | 19.0% 13.6% | 22.0% 22.2% | 18.0% 21.7% | 23.0% 35.3% | 17.0% 10.5% | 19.0% 72.7% | 11.0% 62.1% | 29.0% |
| Net Profit | ₹1.7K Cr 39.9% | ₹2.9K Cr 13.6% | ₹2.5K Cr 1.3% | ₹2.5K Cr 49.0% | ₹1.7K Cr 9.6% | ₹1.9K Cr 32.5% | ₹1.4K Cr 45.7% | ₹2.6K Cr |
| EPS (₹) | 9.84 39.9% | 16.38 13.6% | 14.42 1.3% | 14.24 49.0% | 9.56 9.6% | 10.58 32.6% | 7.98 45.8% | 14.71 |
Values in ₹ Cr · Source: Screener.in
Annual Profit & Loss
| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ₹53.0K Cr 6.8% | ₹49.6K Cr 7.9% | ₹46.0K Cr 1.4% | ₹46.6K Cr 4.8% | ₹49.0K Cr 0.8% | ₹48.6K Cr 3.5% | ₹50.3K Cr 12.1% | ₹44.9K Cr 17.6% | ₹38.2K Cr 42.7% | ₹26.8K Cr |
| Expenses | ₹42.9K Cr 5.1% | ₹40.8K Cr 6.0% | ₹38.5K Cr 3.0% | ₹39.7K Cr 13.3% | ₹45.8K Cr 0.7% | ₹45.5K Cr 13.2% | ₹52.4K Cr 27.3% | ₹41.2K Cr 3.3% | ₹39.9K Cr 44.8% | ₹27.6K Cr |
| Op. Profit | ₹10.1K Cr 14.4% | ₹8.8K Cr 17.7% | ₹7.5K Cr 7.8% | ₹6.9K Cr 119.9% | ₹3.2K Cr 2.5% | ₹3.1K Cr 246.3% | ₹-2.1K Cr 156.4% | ₹3.7K Cr 318.8% | ₹-1.7K Cr 116.5% | ₹-786 Cr |
| OPM | 19.0% 5.6% | 18.0% 12.5% | 16.0% 6.7% | 15.0% 150.0% | 6.0% 0.0% | 6.0% 242.9% | -4.2% 152.5% | 8.0% 277.8% | -4.5% 55.2% | -2.9% |
| Other Income | ₹1.4K Cr 329.3% | ₹324 Cr 30.3% | ₹465 Cr 58.2% | ₹1.1K Cr 79.9% | ₹618 Cr 5518.2% | ₹11 Cr 99.4% | ₹1.8K Cr 1109.7% | ₹145 Cr 97.3% | ₹5.4K Cr 17.0% | ₹4.6K Cr |
| Interest | ₹0 Cr | ₹0 Cr 100.0% | ₹1 Cr 0.0% | ₹1 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr 100.0% | ₹12 Cr 71.4% | ₹7 Cr |
| Depreciation | ₹6 Cr 60.0% | ₹15 Cr 25.0% | ₹12 Cr 20.0% | ₹10 Cr 28.6% | ₹14 Cr 6.7% | ₹15 Cr 21.1% | ₹19 Cr 35.7% | ₹14 Cr 75.0% | ₹8 Cr 20.0% | ₹10 Cr |
| PBT | ₹11.4K Cr 25.7% | ₹9.1K Cr 14.9% | ₹7.9K Cr 1.3% | ₹8.0K Cr 113.9% | ₹3.8K Cr 22.4% | ₹3.1K Cr 938.5% | ₹-366 Cr 109.5% | ₹3.9K Cr 6.2% | ₹3.6K Cr 3.7% | ₹3.8K Cr |
| Tax % | 21.0% 8.7% | 23.0% 27.8% | 18.0% 0.0% | 18.0% 56.1% | 41.0% 0.0% | 41.0% 270.8% | -24.0% 175.0% | 32.0% 166.7% | 12.0% 7.7% | 13.0% |
| Net Profit | ₹9.7K Cr 30.0% | ₹7.4K Cr 11.2% | ₹6.7K Cr 3.2% | ₹6.9K Cr 189.5% | ₹2.4K Cr 19.8% | ₹2.0K Cr 1171.0% | ₹-186 Cr 106.7% | ₹2.8K Cr 12.3% | ₹3.1K Cr 14.3% | ₹3.7K Cr |
| EPS (₹) | 55.08 30.0% | 42.36 11.2% | 38.11 3.2% | 39.37 189.5% | 13.6 19.8% | 11.35 1170.8% | -1.06 106.7% | 15.72 12.3% | 17.93 319.9% | 4.27 |
| Div Payout | 24.0% 0.0% | 24.0% 7.7% | 26.0% 44.4% | 18.0% 5.9% | 17.0% | 0.0% | 0.0% 100.0% | 43.0% 13.2% | 38.0% 40.7% | 27.0% |
Values in ₹ Cr · Source: Screener.in
Balance Sheet
| Item | Sep 2025 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
Liabilities | ||||||||||
| Equity Capital | ₹877 Cr 0.0% | ₹877 Cr 0.0% | ₹877 Cr 0.0% | ₹877 Cr 0.0% | ₹877 Cr 0.0% | ₹877 Cr 0.0% | ₹877 Cr 0.0% | ₹877 Cr 99.8% | ₹439 Cr 2.1% | ₹430 Cr |
| Reserves | ₹66.7K Cr 10.1% | ₹60.6K Cr 11.5% | ₹54.4K Cr 22.7% | ₹44.3K Cr 26.1% | ₹35.1K Cr 11.2% | ₹31.6K Cr 36.9% | ₹23.1K Cr 6.3% | ₹24.6K Cr 3.8% | ₹23.7K Cr 20.1% | ₹19.8K Cr |
| Borrowings | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Other Liabilities | ₹1.4L Cr 3.0% | ₹1.3L Cr 3.2% | ₹1.3L Cr 9.9% | ₹1.2L Cr 1.5% | ₹1.2L Cr 7.5% | ₹1.1L Cr 11.6% | ₹96.6K Cr 0.1% | ₹96.7K Cr 9.5% | ₹88.3K Cr 14.5% | ₹77.1K Cr |
| Total Liabilities | ₹2.0L Cr 5.2% | ₹1.9L Cr 5.6% | ₹1.8L Cr 13.3% | ₹1.6L Cr 7.2% | ₹1.5L Cr 8.3% | ₹1.4L Cr 16.3% | ₹1.2L Cr 1.3% | ₹1.2L Cr 8.6% | ₹1.1L Cr 15.6% | ₹97.3K Cr |
Assets | ||||||||||
| Fixed Assets | ₹329 Cr 0.6% | ₹327 Cr 2.8% | ₹318 Cr 1.9% | ₹324 Cr 62.0% | ₹200 Cr 0.0% | ₹200 Cr 4.3% | ₹209 Cr 7.1% | ₹225 Cr 12.5% | ₹200 Cr 4.2% | ₹192 Cr |
| CWIP | ₹0 Cr 100.0% | ₹8 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Investments | ₹1.5L Cr 5.6% | ₹1.4L Cr 5.5% | ₹1.4L Cr 18.3% | ₹1.1L Cr 9.6% | ₹1.0L Cr 11.4% | ₹94.0K Cr 32.5% | ₹70.9K Cr 13.6% | ₹82.0K Cr 11.2% | ₹73.8K Cr 11.0% | ₹66.5K Cr |
| Other Assets | ₹53.3K Cr 4.3% | ₹51.2K Cr 5.7% | ₹48.4K Cr 1.5% | ₹47.7K Cr 1.5% | ₹47.0K Cr 1.9% | ₹46.1K Cr 6.8% | ₹49.5K Cr 23.8% | ₹39.9K Cr 3.8% | ₹38.5K Cr 25.6% | ₹30.6K Cr |
| Total Assets | ₹2.0L Cr 5.2% | ₹1.9L Cr 5.6% | ₹1.8L Cr 13.3% | ₹1.6L Cr 7.2% | ₹1.5L Cr 8.3% | ₹1.4L Cr 16.3% | ₹1.2L Cr 1.3% | ₹1.2L Cr 8.6% | ₹1.1L Cr 15.6% | ₹97.3K Cr |
Values in ₹ Cr · Source: Screener.in
Cash Flow Statement
| Item | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating CF | ₹2.0K Cr 1032.1% | ₹-212 Cr 101.8% | ₹11.7K Cr 29.5% | ₹9.1K Cr 31.9% | ₹13.3K Cr 54.2% | ₹8.6K Cr 13.3% | ₹7.6K Cr 14.0% | ₹8.8K Cr 11.8% | ₹7.9K Cr 31.4% | ₹6.0K Cr |
| Investing CF | ₹-275 Cr 115.7% | ₹1.7K Cr 119.3% | ₹-9.1K Cr 46.7% | ₹-6.2K Cr 42.7% | ₹-10.8K Cr 169.0% | ₹-4.0K Cr 46.5% | ₹-7.5K Cr 33.8% | ₹-5.6K Cr 27.0% | ₹-4.4K Cr 32.5% | ₹-3.3K Cr |
| Financing CF | ₹-1.8K Cr 38.9% | ₹-1.3K Cr 219.7% | ₹-395 Cr | ₹0 Cr | ₹0 Cr 100.0% | ₹-1.4K Cr 0.0% | ₹-1.4K Cr 18.4% | ₹-1.2K Cr 16.5% | ₹-1.0K Cr 59.2% | ₹-650 Cr |
| Net Cash Flow | ₹-53 Cr 119.3% | ₹274 Cr 87.8% | ₹2.3K Cr 21.4% | ₹2.9K Cr 15.4% | ₹2.5K Cr 21.8% | ₹3.2K Cr 339.7% | ₹-1.3K Cr 165.4% | ₹2.0K Cr 17.4% | ₹2.5K Cr 20.8% | ₹2.0K Cr |
| Free Cash Flow | ₹2.0K Cr 999.5% | ₹-217 Cr 101.9% | ₹11.6K Cr 28.3% | ₹9.0K Cr 31.9% | ₹13.3K Cr 54.1% | ₹8.6K Cr 13.9% | ₹7.6K Cr 14.3% | ₹8.8K Cr 11.7% | ₹7.9K Cr 32.3% | ₹6.0K Cr |
Values in ₹ Cr · Source: Screener.in
Key Ratios History
| Metric | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 0d | 0d | 0d | 0d | 0d | 0d | 0d | 0d | 0d | 0d |
| Inventory Days | — | — | — | — | — | — | — | — | — | — |
| Days Payable | — | — | — | — | — | — | — | — | — | — |
| Cash Conv. Cycle | 0d | 0d | 0d | 0d | 0d | 0d | 0d | 0d | 0d | 0d |
| Working Capital Days | -595d 1.5% | -604d 7.1% | -564d 13.7% | -496d 11.0% | -447d 26.6% | -353d 10.0% | -321d 4.5% | -336d 15.2% | -396d 46.5% | -740d |
| ROCE | 16.0% 23.1% | 13.0% 35.0% | 20.0% 81.8% | 11.0% 0.0% | 11.0% 1200.0% | -1.0% 107.7% | 13.0% 85.7% | 7.0% 0.0% | 7.0% 133.3% | 3.0% |
Source: Screener.in · Lower days = better efficiency
About General Insurance Corporation of India
General Insurance Corporation of India is engaged in the business of Reinsurance.(Source : 201903 Annual Report Page No:87)
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