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On 6 Nov 2026, General Insurance Corporation of India was priced at ₹342.30, or 6.7× trailing earnings, and the shares are 18% below their 52-week high. Its ROE of 9.4% is the lowest among the 7 largest Insurance (Reinsurance) peers, and net profit grew 12% a year over 3 years. For insurers, ROCE and debt-to-equity are not used; it trades at 0.60× book value and its dividend yield is 3.9%. It is a mid-cap company with a market cap of ₹60,053 Cr, ranked 47th of 599 Insurance (Reinsurance) companies by market cap; the shares fell 9.7% over the past year.

As of 6 Nov 2026Prices are delayed about 15 minutes; fundamentals are from the quarter ended Sep 2026.How we calculate this

past year
Open
₹335.00
Day high
₹343.00
Day low
₹330.10
Prev. close
₹339.25
Volume
5.1 L

Health check

2 good · 4 to check
  • ReturnsBehind

    −9.7% over a year, better than 2 of 7 peers.

  • Price tagCheaper

    P/B 0.60 vs peer median 2.89.

  • GrowthSlow

    Profit +11.8% a year over 3 years.

  • ProfitabilityWeak

    ROE 9.4% vs peer median 16.5%.

  • Balance sheetSolid

    Return on assets 2.98%. Bad-loan data isn’t covered.

  • Red flags1 to check

    Promoter stake down from 82.4% to 77.4%.

Compared with 7 industry peers. Computed from reported figures. Educational, not a recommendation.

Insurance - Reinsurance

598 listed peers. Screen the industry

Mid cap

₹60,053 Cr, #47 of 599 in its industry by size.

Defensive

Beta 0.38 vs the NIFTY 50: moves less than the market.

Key metrics

Last 12 months to Sep 2026: sales ₹55,021 Cr · profit ₹8,968 Cr
Market cap
₹60,053 Cr
Mid cap
P/E
6.7
Industry 17.7
Price to book
0.60
Peers 2.89
Dividend yield
3.87%
ROE
9.4%
Peers 16.5%
ROCE
n/m
Not meaningful for lenders
Debt to equity
n/m
Not meaningful for lenders
EPS (TTM)
₹51.12
Face value ₹5
OPM (TTM)
20.2%
Net margin 16.3%
Sales growth
n/m
Not meaningful for lenders
Profit growth
+3.2%
Latest quarter vs a year ago
Price to sales
1.09
EV/EBITDA 2.8

Strengths and risks

Strengths

  • Dividend yield of 3.87%.

Risks to check

  • Promoter stake down from 82.4% to 77.4%.

Derived automatically from reported figures. Not a recommendation.

About General Insurance Corporation of India

General Insurance Corporation of India engages in the provision of reinsurance services in India and internationally. It provides property, energy, marine, engineering, liability, spares, health, agriculture/weather, motor and workmen compensation, aviation, life, marine hull, cargo and offshore energy, credit, and miscellaneous products. The company was incorporated in 1972 and is headquartered in Mumbai, India.

Headquarters
Mumbai
Employees
418
Sector
Financial Services
ISIN
INE481Y01014
Website
gicre.in

Price range

52 weeks

₹308.00₹417.95

Today

₹330.10₹343.00
Avg volume (3M)
8 L
1-year return
minus 9.7%
From 52-week high
minus 18.1%

Analyst consensus

6 analysts
BuyMean target ₹444.67 plus 29.9%

Target range, with today’s price

Low ₹288.00High ₹520.00

Consensus from Yahoo Finance. Not a recommendation.

Peers · Insurance - Reinsurance

Insurer columns

Compare with peersScreen the whole industry
Company
HDFCBANKHDFC Bank788.25plus 3.72%12,16,45117.22.0011.0%12.5%1.65%minus 22.9%
ICICIBANKICICI Bank1,571.20plus 4.75%11,28,25519.32.8916.5%16.8%0.76%plus 12.2%
SBINState Bank of India1,018.50plus 1.20%9,40,13810.41.4014.7%14.4%1.70%plus 5.1%
BAJFINANCEBajaj Finance1,087.75plus 1.66%6,77,00531.35.4919.0%18.2%0.50%plus 1.2%
LICILife Insurance Corporation of India394.00minus 3.43%4,98,4108.02.9537.8%16.9%2.54%minus 9.9%
KOTAKBANKKotak Mahindra Bank480.00plus 2.78%4,77,49822.22.4511.8%8.9%0.14%plus 11.4%
NSENational Stock Exchange of Ind1,908.35plus 0.74%4,72,31743.111.0326.7%–0.00%plus 5.0%
GICREGeneral Insurance Corporation of India342.30plus 0.90%60,0536.70.609.4%11.8%3.87%minus 9.7%
Median of 7 peers–1.66%6,77,00519.32.8916.5%15.6%0.76%5.0%

Quarterly results

Consolidated, ₹ crore
SalesSelect a row below to chart it
₹ CrSep 25Dec 25Mar 26Jun 26Sep 26
13,10712,66913,45914,47115,073
9,79210,30910,35112,28011,475
3,3152,3603,1082,1923,598
25.3%18.6%23.1%15.1%23.9%
0−0−000
3,3152,3603,1082,1923,598
18.6%25.8%23.5%26.0%18.2%
2,8741,7262,5331,7442,966
16.389.8414.449.9416.90

Profit & loss

Yearly, ₹ crore
Profit CAGR 3Y
+11.8%
EPS CAGR 3Y
+11.8%
ROE
9.4%
Net profitSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
48,34246,55050,70254,813
–minus 3.7%+8.9%+8.1%
40,30139,81141,71443,284
8,0416,7388,98811,529
16.6%14.5%17.7%21.0%
80.61,282203−13.3
80.783.870.862.6
9.711.914.66.3
0.1−0.1−0.8−0.4
8,0317,9259,10511,447
18.1%17.9%23.4%21.4%
6,9076,6867,4329,662
–minus 3.2%+11.2%+30.0%
39.3738.1142.3655.08

Forecast

Your assumptions, not a prediction

Balance sheet

At each financial year end, ₹ crore
Total assetsSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
877877877877
44,30854,37960,62369,604
1,17,5461,29,1961,33,2701,35,252
1,62,7311,84,4521,94,7692,05,733
297290291292
1,14,7381,35,7631,43,2801,48,373
24,57526,00926,10229,235
23,12122,39125,09527,833
1,62,7311,84,4521,94,7692,05,733

Cash flow

Yearly, ₹ crore
Cash from operationsSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
11,72211,144––
−9,9991,677−926−2,075
−395−1,263−1,754−1,754
1,328202−704−3,363
−134−5.7−25.4−13.8
11,588−2171,951453
−395−1,263––

Shareholding pattern

Source: NSE filings
77.4%
promoters
  • Promoters77.40%
  • Public22.60%
  • As of 30 Sep 2026
QuarterSplitPromotersPublicPromoter change
30 Sep 202677.40%22.60%0.00
30 Jun 202677.40%22.60%minus 5.00
31 Mar 202682.40%17.60%0.00
31 Dec 202582.40%17.60%0.00
30 Sep 202582.40%17.60%–

Major shareholders

NSE filing

Filings & events

News

No recent news coverage found.

My notes

Private to you