| Sector |
Finance
|
Compare with Sector peers |
| Industry |
Insurance
|
Compare with Industry peers |
| Website | http://www.gicofindia.in | |
| Financial Indicators | ||
|---|---|---|
| Market Cap | 29,973.92 Cr. | |
| Earnings per share (EPS) | 11.35 | Trailing Twelve Months Ending 2021-03 |
| Price-Earning Ratio (PE) | 15.05 | Trailing Twelve Months Ending 2021-03 |
| Industry PE | 59.38 | Trailing Twelve Months Ending 2021-03 |
| Book Value / Share | 141.21 | Trailing Twelve Months Ending 2021-03 |
| Price to Book Value | 1.21 | Calculated using Price: 170.85 |
| Dividend Yield | 0.00 | Period Ending 2020-03 |
| No. of Shares Subscribed | 175.44 Cr. | 1,754,400,000 Shares |
| FaceValue | 5 | |
| Company Profile | ||
|
General Insurance Corporation of India Ltd. (GIC) was incorporated on November 22, 1972 under the Companies Act, 1956 as a private company limited by shares. GIC was formed for the purpose of superintending, controlling and carrying on the business of general insurance. As soon as GIC was formed, the Government of India (GOI) transferred all the shares it held of the general insurance companies to GIC. Simultaneously, the nationalised undertakings were transferred to Indian insurance companies. Business area of the company The company provides reinsurance across many key business lines including fire (property), marine, motor, engineering, agriculture, aviation/space, health, liability, credit and financial and life insurance. As a sole reinsurer in the domestic reinsurance market, it provides reinsurance to the direct general insurance companies in the Indian market. It receives statutory cession of 5% on each and every policy subject to certain limits. It leads many of domestic companies’ treaty programmes and facultative placements. As it spreads its wings to emerge as an effective reinsurance solutions partner for the Afro-Asian region and has started leading the reinsurance programmes of several insurance companies in SAARC countries, South East Asia, Middle East and Africa. To offer its international clientele an easy accessibility, efficient service and tailor made reinsurance solutions; GIC has opened liaison/ representative/ branch / subsidiary offices in UK, Russia, UAE, Malaysia, South Africa and Brazil. GIC also has an offshore branch in GIFT City, Gujarat. GIC provides following capacities for Treaty and Facultative business on risk emanating from the international market based on merits of the business. Awards and certifications
Milestones
|
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Company Profile
General Insurance Corporation of India Ltd. (GIC) was incorporated on November 22, 1972 under the Companies Act, 1956 as a private company limited by shares. GIC was formed for the purpose of superintending, controlling and carrying on the business of general insurance. As soon as GIC was formed, the Government of India (GOI) transferred all the shares it held of the general insurance companies to GIC. Simultaneously, the nationalised undertakings were transferred to Indian insurance companies.
Business area of the company
The company provides reinsurance across many key business lines including fire (property), marine, motor, engineering, agriculture, aviation/space, health, liability, credit and financial and life insurance. As a sole reinsurer in the domestic reinsurance market, it provides reinsurance to the direct general insurance companies in the Indian market. It receives statutory cession of 5% on each and every policy subject to certain limits. It leads many of domestic companies’ treaty programmes and facultative placements. As it spreads its wings to emerge as an effective reinsurance solutions partner for the Afro-Asian region and has started leading the reinsurance programmes of several insurance companies in SAARC countries, South East Asia, Middle East and Africa. To offer its international clientele an easy accessibility, efficient service and tailor made reinsurance solutions; GIC has opened liaison/ representative/ branch / subsidiary offices in UK, Russia, UAE, Malaysia, South Africa and Brazil. GIC also has an offshore branch in GIFT City, Gujarat. GIC provides following capacities for Treaty and Facultative business on risk emanating from the international market based on merits of the business.
Awards and certifications
Milestones
| 1 Day |
|
-1.78% |
| 1 Week |
|
-4.41% |
| 1 Month |
|
-13.98% |
| 3 Month |
|
-16.80% |
| 6 Month |
|
+23.63% |
| 1 Year |
|
+19.52% |
| 2 Year |
|
-12.23% |
| 5 Year |
|
| 7 years | 2014-03 | 2015-03 | 2016-03 | 2017-03 | 2018-03 | 2019-03 | 2020-03 | |
| Return on Equity (%) | 17.82 | 19.48 | 16.58 | 15.45 | 14.63 | 10.15 | -1.50 | |
| Return on Capital Employed (%) | 17.69 | 19.68 | 17.23 | 18.11 | 16.59 | 15.05 | -1.85 | |
| Return on Assets (%) | 7.12 | 7.38 | 6.48 | 6.34 | 6.23 | 4.58 | -0.78 |
| Particulars | 7 years | 2014-03 Rs. Cr. | 2015-03 Rs. Cr. | 2016-03 Rs. Cr. | 2017-03 Rs. Cr. | 2018-03 Rs. Cr. | 2019-03 Rs. Cr. | 2020-03 Rs. Cr. |
| Shh. Funds | 34,186 | 44,172 | 40,509 | 30,219 | 32,793 | 33,894 | 27,195 | |
| Non Curr. Liab. | 20,001 | 21,196 | 22,023 | 11,621 | ||||
| Sources of Funds | 34,186 | 44,172 | 40,509 | 50,220 | 53,989 | 55,916 | 38,816 | |
| Non Curr. Assets | 47,221 | 57,332 | 56,245 | 66,995 | 74,273 | 82,528 | 71,361 | |
| Deferred Tax (Net) | 24 | 9 | 5 | 16 | 17 | 3 | 21 | |
| Net Curr. Assets | -13,059 | -13,169 | -15,741 | -16,792 | -20,301 | -26,614 | -32,566 | |
| Appl. of Funds | 34,186 | 44,172 | 40,509 | 50,220 | 53,989 | 55,916 | 38,816 |
| Particulars | 7 years | 2014-03 Rs. Cr. | 2015-03 Rs. Cr. | 2016-03 Rs. Cr. | 2017-03 Rs. Cr. | 2018-03 Rs. Cr. | 2019-03 Rs. Cr. | 2020-03 Rs. Cr. |
| Opt. Profit (Trf Shh a/c) | 1,603 | 1,561 | 1,658 | 2,600 | 2,518 | 2,759 | -780 | |
| Inc. From Invest. | 983 | 1,302 | 1,340 | 1,533 | 1,351 | 1,806 | 1,582 | |
| Other Income | 110 | 235 | 237 | 18 | 13 | 145 | 172 | |
| Expenditure | -280 | -178 | -385 | -778 | -204 | -974 | -1,432 | |
| Profit Before Tax | 2,416 | 2,920 | 2,850 | 3,372 | 3,679 | 3,735 | -458 | |
| Prov. For taxation | 17 | -29 | -108 | -496 | -435 | -1,216 | 87 | |
| Profit After Tax | 2,433 | 2,891 | 2,742 | 2,876 | 3,244 | 2,519 | -370 | |
| Balance B/F from B/S | 461 | 1,386 | 1,049 | 1,218 | 4,890 | 4,908 | 6,237 | |
| Appropriations | -1,508 | -2,437 | -2,848 | -3,128 | -1,428 | -1,428 | ||
| Balance C/F To B/S | 1,386 | 1,840 | 1,218 | 4,890 | 4,908 | 6,237 | 4,623 |
| Particulars | 7 years | 2014-03 Rs. Cr. | 2015-03 Rs. Cr. | 2016-03 Rs. Cr. | 2017-03 Rs. Cr. | 2018-03 Rs. Cr. | 2019-03 Rs. Cr. | 2020-03 Rs. Cr. |
| Cash Fr. Operatn. | 2,923 | 2,635 | 5,876 | 7,901 | 8,837 | 7,604 | 8,617 | |
| Cash Fr. Inv. | -2,539 | -2,677 | -4,534 | -4,354 | -5,502 | -7,865 | -4,595 | |
| Cash Fr. Finan. | -687 | -387 | 453 | -1,035 | -1,206 | -1,428 | -1,428 | |
| Net Change | -302 | -429 | 1,795 | 2,512 | 2,129 | -1,688 | 2,594 | |
| Cash & Cash Eqvt | 8,264 | 7,749 | 9,779 | 12,231 | 14,257 | 12,933 | 16,107 |
|
Mon, 02 Aug 2021
Announcement under Regulation 30 (LODR)-Cessation Pursuant to Regulation 30 of SEBI Listing Regulations read with Part A of Schedule III we wish to inform you that Smt. Suchita Gupta General Manager & Chief Financial Officer of the Corporation has been appointed as Chairman-cum-Managing Director of National Insurance Company Limited and hence is relieved from the General Insurance Corporation of India ("Corporation") with effect from 2nd August 2021. Accordingly Smt. Suchita Gupta ceases to be General Manager & Chief Financial Officer (KMP) of the Corporation with effect from 2nd August 2021. |
|
Sat, 31 Jul 2021
Announcement under Regulation 30 (LODR)-Change in Directorate Pursuant to Regulation 30 read with Para A of Part A of Schedule III of SEBI (Listing Obligation and Disclosure Requirements) Regulations 2015 we wish to inform you that Mr. Deepak Prasad (DIN: 08976647) Director and General Manager of the Corporation ceases to be on the Board of the Corporation on attaining superannuation with effect from 31st July 2021. We request you to kindly take the above information on record. |
|
Sat, 31 Jul 2021
Announcement under Regulation 30 (LODR)-Retirement Pursuant to Regulation 30 read with Para A of Part A of Schedule III of SEBI (Listing Obligation and Disclosure Requirements) Regulations 2015 we wish to inform you that Mr. Deepak Prasad (DIN: 08976647) Director and General Manager of the Corporation ceases to be on the Board of the Corporation on attaining superannuation with effect from 31st July 2021. We request you to kindly take the above information on record. |
| Thu, 05 Aug 2021 |
Close Crossing Last Week Low
|
Close Crossing Last Month Low
|
Closing Below Previous Low
|
Closing Below Previous Low for 3 days
|
Making Lower Lows for 3 days
|
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