GIC - General Insurance Corporation of India Share Price

  • 448.507.86 (1.79%)
  • Volume: 31,38,798
  • Live
  • Last Updated On: 18 Dec, 2024, 12:39 PM IST
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GIC - General Insurance Corporation of India Share Price

  • 448.507.86 (1.79%)
  • Volume: 31,38,798
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GIC share price insights

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

  • Company reported income decline on both quarterly & yearly basis. Total income for Sep 30, 2024 quarter was Rs 12284.71 cr which is a decrease of -4.8% QoQ and -8.77% YoY. (Source: Consolidated Financials)

  • General Insurance Corporation of India share price moved up by 1.76% from its previous close of Rs 440.65. General Insurance Corporation of India stock last traded price is 448.40

    Share PriceValue
    Today/Current/Last448.40
    Previous Day440.65440.70

InsightsGIC

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    Key Metrics

    PE Ratio
    (x)
    10.85
    EPS - TTM
    (₹)
    41.47
    MCap
    (₹ Cr.)
    78,702.38
    Sectoral MCap Rank
    7
    PB Ratio
    (x)
    1.40
    Div Yield
    (%)
    2.22
    Face Value
    (₹)
    5.00
    Beta

    Beta

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

    0.12
    VWAP
    (₹)
    453.70
    52W H/L
    (₹)
    467.80 / 295.55

    GIC Share Price Returns

    1 Day1.79%
    1 Week5.44%
    1 Month25.23%
    3 Months13.53%
    1 Year40.33%
    3 Years220.01%
    5 Years89.84%

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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
    • Target₹185
    • OrganizationICICI Securities
    • BUY
    • Target₹340
    • OrganizationICICI Securities
    • BUY

    Analyst Trends

    RatingsCurrent1 Week Ago1 Month Ago3 Months Ago
    Strong Buy----
    Buy1111
    Hold----
    Sell3333
    Strong Sell----
    # Analysts4444

    GIC Financials

    • Insights

      • Quarterly Revenue Growth Comparison

        Company reported income decline on both quarterly & yearly basis. Total income for Sep 30, 2024 quarter was Rs 12284.71 cr which is a decrease of -4.8% QoQ and -8.77% YoY. (Source: Consolidated Financials)
      Quarterly | AnnualSep 2024Jun 2024Mar 2024Dec 2023Sep 2023
      Total Income12,284.7112,903.5410,385.5811,352.1413,465.89
      Total Income Growth (%)-4.8024.24-8.51-15.7018.61
      Total Expenses9,997.7911,413.406,702.359,531.9211,610.52
      Total Expenses Growth (%)-12.4070.29-29.69-17.9013.83
      EBIT2,286.921,490.143,683.231,820.221,855.37
      EBIT Growth (%)53.47-59.54102.35-1.8960.84
      Profit after Tax (PAT)1,855.711,400.662,580.421,438.841,688.95
      PAT Growth (%)32.49-45.7279.34-14.8172.75
      EBIT Margin (%)18.6211.5535.4616.0313.78
      Net Profit Margin (%)15.1110.8524.8512.6712.54
      Basic EPS (₹)18.567.9814.7123.4015.20
      Quarterly | AnnualSep 2024Jun 2024Mar 2024Dec 2023Sep 2023
      Total Income12,246.2012,822.7110,332.1711,328.7613,459.21
      Total Income Growth (%)-4.5024.10-8.80-15.8319.45
      Total Expenses9,965.0611,429.566,573.339,404.9411,611.61
      Total Expenses Growth (%)-12.8173.88-30.11-19.0012.38
      EBIT2,281.141,393.153,758.841,923.821,847.60
      EBIT Growth (%)63.74-62.9495.384.1397.57
      Profit after Tax (PAT)1,860.761,036.362,642.481,517.961,605.09
      PAT Growth (%)79.55-60.7874.08-5.43119.34
      EBIT Margin (%)18.6310.8636.3816.9813.73
      Net Profit Margin (%)15.198.0825.5813.4011.93
      Basic EPS (₹)16.515.9115.0621.9713.32
      Quarterly | Annual FY 2024 FY 2023 FY 2022 FY 2021 FY 2020
      Total Revenue46,556.8547,750.4649,739.3248,594.3752,098.44
      Total Revenue Growth (%)-2.50-4.002.36-6.7315.59
      Total Expenses38,044.4539,206.7445,984.6745,525.0552,464.11
      Total Expenses Growth (%)-2.96-14.741.01-13.2327.28
      Profit after Tax (PAT)6,685.866,907.312,386.281,991.59-186.46
      PAT Growth (%)-3.21189.4619.82--106.76
      Operating Profit Margin (%)18.9018.257.696.44-0.70
      Net Profit Margin (%)14.7014.614.814.09-0.35
      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 (%)18.8617.747.346.64-0.81
      Net Profit Margin (%)14.3413.434.073.96-0.65
      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 Liabilities1,29,195.691,17,546.001,23,013.521,07,801.2193,385.84
      Total Liabilities Growth (%)9.91-4.4414.1115.445.74
      Total Equity55,256.5545,184.7428,827.0232,463.4327,195.35
      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 Liabilities22,856.1821,235.6024,411.2011,966.5910,437.86
      Annual FY 2024 FY 2023 FY 2022 FY 2021 FY 2020
      Total Assets1,78,285.821,57,124.601,44,887.371,34,661.221,16,196.20
      Total Assets Growth (%)13.478.457.5915.89-2.26
      Total Liabilities1,26,290.711,15,147.821,18,754.911,04,457.7290,997.55
      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 Liabilities22,856.1820,550.2624,411.2017,016.6810,437.86

      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 Mar 31, 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 (%)10.0312.786.355.85-0.94
      Return on Assets (%)3.624.241.571.41-0.15
      Interest Coverage Ratio (x)102.71106.9261.0651.670.00
      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)3.84-0.02-0.385.22-6.28
      EBITDA Margin (%)18.9318.277.726.47-0.70
      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 (%)10.3612.976.316.29-1.21
      Return on Assets (%)3.644.011.381.42-0.30
      Interest Coverage Ratio (x)107.61107.6261.2853.480.00
      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)3.920.03-0.305.16-5.72
      EBITDA Margin (%)18.8817.767.376.67-0.81

    Financial InsightsGIC

    • Income (P&L)
    • Balance Sheet
    • Cash Flow
    • Ratios
      • Quarterly Revenue Growth Comparison

        Company reported income decline on both quarterly & yearly basis. Total income for Sep 30, 2024 quarter was Rs 12284.71 cr which is a decrease of -4.8% QoQ and -8.77% YoY. (Source: Consolidated Financials)

      • 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 Mar 31, 2024 outperforming its 5 year avg. of 9.41%. (Source: Consolidated Financials)

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    GIC Share Price Forecast

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      • Details about company earnings
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    GIC Technicals

    • Bullish / Bearish signals for GIC basis selected technical indicators and moving average crossovers.

      MACD Crossover

      Bullish signal on weekly chart

      Appeared on: 13 Dec 2024

      Region: Positive

      Last 4 Buy Signals:21 Jun 2024
      Date7 weeks Gain/Loss %
      21 Jun 20246.99%
      17 Nov 202330.41%
      5 May 202311.00%
      8 Apr 202211.76%

      Average price gain of 12.18% within 7 weeks of Bullish signal in last 10 years

    • 41%
      Positive Movement since
      1st Jan 2005 on basis
      59%
      Negative Movement since
      1st Jan 2005 on basis
      Exclude
    • Pivot Levels

      R1R2R3PIVOTS1S2S3
      Classic462.92472.93495.08450.78440.77428.63406.48

      Average True Range

      5 DAYS14 DAYS28 DAYS
      ATR16.6914.3313.94

    GIC Peer Comparison

      • There’s no suggested peer for this stock.
      • 1D
      • 1W
      • 1M
      • 3M
      • 6M
      • 1Y
      • 5Y
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    • Ratio Performance

      NAMEP/E (x)P/B (x)ROE %ROCE %ROA %Rev CAGR [3Yr]OPMNPMBasic EPSCurrent RatioTotal Debt/ Equity (x)Total Debt/ CFO (x)
      GIC10.831.4312.0910.033.62-1.4018.9014.3138.110.480.000.00
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      Annual Ratios (%)

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        Peers InsightsGIC

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          GIC Shareholding Pattern

          • Loading...
            Showing GIC Shareholding as on 30 Sep 2024
            Category30 Sep 202430 Jun 202431 Mar 202431 Dec 2023
            Promoters82.4085.7885.7885.78
            Pledge0.000.000.000.00
            FII1.331.050.870.95
            DII13.0410.059.929.98
            Mutual Funds1.480.290.150.22
            Others3.223.123.423.28
          • Showing Shareholding as on 30 Sep 2024
            CategoryNo. of SharesPercentage% Change QoQ
            Promoters1,44,55,67,61582.40 %-3.37
            Pledge00.00 %0.00
            FII2,34,90,6391.33 %0.28
            DII22,87,07,24613.04 %2.98
            MF2,58,97,9321.48 %1.19
            Others5,66,34,5003.22 %0.10

          GIC MF Ownership

          MF Ownership details are not available.

          GIC Corporate Actions

          • Meeting DateAnnounced onPurposeDetails
            Nov 12, 2024Nov 05, 2024Board MeetingQuarterly Results
            Sep 26, 2024Sep 02, 2024AGM-
            Aug 09, 2024Aug 01, 2024Board MeetingQuarterly Results
            May 28, 2024May 17, 2024Board MeetingAudited Results & Dividend
            Apr 15, 2024Apr 05, 2024Board MeetingOthers
          • TypeDividendDividend per ShareEx-Dividend DateAnnounced on
            Final200%10.0Sep 11, 2024May 28, 2024
            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
          • 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 77,307.64 Crore) operating in Financial Services sector. General Insurance Corporation of India key Products/Revenue Segments include Premiums Earned and Other Operating Revenue for the year ending 31-Mar-2024. Show More

          • Executives

          • Auditors

          • RN

            Ramaswamy Narayanan

            Chairman & Managing Director
            CS

            C S Radhika

            Executive Director
            HR

            Hitesh Rameshchandra Joshi

            Executive Director
            MP

            M P Tangirala

            Government Nominee Director
            Show More
          • Mehra Goel & Co.
            KASG & Co
            PKF Sridhar & Santhanam�LLP
            D R Mohnot & Co.

          FAQs about GIC share

          • 1. What's the GIC share price today?
            As on 18 Dec, 2024, 12:39 PM IST GIC share price was up by 1.74% basis the previous closing price of Rs 442.45. GIC share price was Rs 448.30. Return Performance of GIC Shares:
            • 1 Week: GIC share price moved up by 5.40%
            • 3 Month: GIC share price moved up by 13.48%
          • 2. What is the PE & PB ratio of GIC?
            The PE ratio of GIC stands at 10.63, while the PB ratio is 1.4.
          • 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
            • 1 analyst is recommending to Buy
            • 3 analysts are recommending to Sell
          • 4. Who's the chairman of GIC?
            Ramaswamy Narayanan is the Chairman & Managing Director of GIC
          • 5. Who's the owner of GIC?
            Following are the key changes to GIC shareholding:
            • Promoter holding have gone down from 85.78 (31 Dec 2023) to 82.4 (30 Sep 2024)
            • Domestic Institutional Investors holding has gone up from 9.98 (31 Dec 2023) to 13.04 (30 Sep 2024)
            • Foreign Institutional Investors holding has gone up from 0.95 (31 Dec 2023) to 1.33 (30 Sep 2024)
            • Other investor holding have gone down from 3.28 (31 Dec 2023) to 3.22 (30 Sep 2024)
          • 6. What is the CAGR of GIC?
            The CAGR of GIC is -1.64.
          • 7. What are the key metrics to analyse GIC Share Price?
            Key Metrics for GIC are:
            • PE Ratio of GIC is 10.82
            • Price/Sales ratio of GIC is 1.27
            • Price to Book ratio of GIC is 1.40
          • 8. What are the returns for GIC share?
            Return Performance of GIC Shares:
            • 1 Week: GIC share price moved up by 5.40%
            • 3 Month: GIC share price moved up by 13.48%
          • 9. What dividend is GIC giving?
            An equity Final dividend of Rs 10 per share was declared by General Insurance Corporation of India on 28 May 2024. So, company has declared a dividend of 200% on face value of Rs 5 per share. The ex dividend date was 11 Sep 2024.
          • 10. What are the GIC quarterly results?
            Total Revenue and Earning for GIC for the year ending 2024-03-31 was Rs 46556.85 Cr and Rs 6685.86 Cr on Consolidated basis. Last Quarter 2024-09-30, GIC reported an income of Rs 12284.71 Cr and profit of Rs 1855.71 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 295.55
          • 12. What's the market capitalization of GIC?
            Market Capitalization of GIC stock is Rs 78,702.38 Cr.

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