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Go Digit General Insurance

GODIGIT
Mid Cap
(%) 1D
1D1W1M3M6M1YMAX

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Go Digit General Insurance Share price and Fundamental Analysis

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Go Digit General Insurance Limited was incorporated as Oben General Insurance Limited' at Pune, Maharashtra on December 7, 2016 by the Registrar of Companies. Subsequently, name of the Company was changed to Go Digit General Insurance Limited', and a fresh Certificate of Incorporation was issued by the RoC on June 12, 2017. The Company is one of the leading digital full stack insurance companies leveraging its technology with an innovative approach to product design, distribution and customer experience for non-life insurance products.
Company Incorporation2016
ChairmanKAMESH GOYAL
Head QuartersBangalore
Previous NameNA

Key Metrics

Market Cap (Cr)
28,064
PE Ratio
66.1
Industry P/E
29.53
PEG Ratio
0
ROE
9.27%
ROCE
8.56%
ROA
1.95%
Total Debt (Cr)
350
Debt to Equity
0.08
Dividend Yield
0%
EPS
4.6
Book Value & P/B
49.69 x 6.12
Face Value
10
Outstanding Shares(Cr)
92.3
Current Ratio
0.13
EV to Sales
3.49

Included In

Nifty Smallcap 250Index
Nifty 500 Multicap 50:25:25Index
S&P BSE IPOIndex
S&P BSE Mid-CapIndex
+More

Stock Returns

1 Week+1.23%
1 Month+0.48%
6 Months-6.7%
1 Year-0.64%
3 Years-0.64%
5 Years-0.64%

CAGR

1 Year CAGR

Revenue Growth

+38.43%

Net Profit Growth

+411.08%

Operating Profit Growth

+1726.12%

Dividend Growth

N/A

Stock Returns CAGR

+7.39%
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Smart Score

1.9
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Research Report

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Corporate Action

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AGM-EGM
Bulk-Deal
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Financials

Half Yearly Statement

PARTICULARS

Total Revenue

Total Expenses

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Adj EPS in Rs - Basic

Adj EPS in Rs - Diluted

Profit and Loss Statement

No data
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Cashflow Statement

No data
Mar 25

Promoters : 73.12%

FIIs : 7.85%

DIIs : 15.27%

Public : 3.76%

Promoter
FII/FPI
DII
Public
Promoter Pledge stands at 0.0% of holding in March 2025 Qtr
FII Shareholding Increased by 1.38% to 7.85% in March 2025 Qtr
DII Shareholding Increased by 0.09% to 15.27% in March 2025 Qtr
Promoter Shareholding Decreased by 0.06% to 73.12% in March 2025 Qtr

Top Shareholders

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Key Ratios

Profitability
Valuation
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ROE

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ROCE

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ROA

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Dividend History

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Go Digit General Insurance Competitors

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P/B(TTM)

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Current Ratio(TTM)

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5 Year FactSheet

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Go Digit General Insurance Management and History

Company Management

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Company History

Go Digit General Insurance Limited was incorporated as Oben General Insurance Limited' at Pune, Maharashtra on December 7, 2016 by the Registrar of Companies. Subsequently, name of the Company was changed to Go Digit General Insurance Limited', and a fresh Certificate of Incorporation was issued by the RoC on June 12, 2017. The Company is one of the leading digital full stack insurance companies leveraging its technology with an innovative approach to product design, distribution and customer experience for non-life insurance products.

The Company distribute products through a diversified, primarily partnership-based model across a variety of channels. It offer motor insurance, health insurance, travel insurance, property insurance, marine insurance, liability insurance and other insurance products, to meet customers needs. The technology platform supports product design by enabling the incorporation of a modular product architecture and provides the backbone in application program interfaces (API), applications, portals and website conveniently. It is one of the first non-life insurers in India with complete operations on cloud and has developed application programming interface (API) integrations with several channel partners. Besides this, it utilize artificial intelligence and machine learning to increase automated processing in applications and claims.

The Company was the first insurers in India to offer customizable insurance for flights delayed for at least 60 minutes, coverage period and payment schedule, group illness insurance covering COVID-19 hospitalization costs. It also introduced 100% automated travel insurance and provided 90 minutes flight delay cover.

Since the start of insurance operations in 2017, the Company launched different products, of which 56 were active as of March 31, 2022. It offered travel insurance, including flight delay and cancellation protection, as well as coverage for baggage losses. Approved by the IRDAI in March 2018, it developed an unbundled mobile insurance offering to purchase coverage for specific issues with their mobile device while avoiding the need to pay for more expensive coverage options.

The Company is planning to come out with a public issue by raising capital of Rs 1250 crore Equity Shares through Fresh Issue and by issuing 109,445,561 Equity Shares through Offer for Sale. .

Go Digit General Insurance Share Price

Go Digit General Insurance share price reflects investor sentiment toward the company and is impacted by various factors such as financial performance, market trends, and economic conditions. Share price is an indicator which shows the current value of the company's shares at which buyers or sellers can transact.

Go Digit General Insurance Market Cap

Market capitalization of Go Digit General Insurance indicates the total value of its outstanding shares. Marketcap is calculated by multiplying share price and outstanding shares of the company. It is a helpful metric for assessing the company's size and market Valuation. It also helps investors understand how Go Digit General Insurance is valued compared to its competitors.

Go Digit General Insurance PE Ratio

Go Digit General Insurance PE ratio helps investors understand what is the market value of each stock compared to Go Digit General Insurance 's earnings. A PE ratio higher than the average industry PE could indicate an overvaluation of the stock, whereas a lower PE compared to the average industry PE could indicate an undervaluation.

Go Digit General Insurance PEG Ratio

The PEG ratio of Go Digit General Insurance evaluates its PE ratio in relation to its growth rate. A PEG ratio of 1 indicates a fair value, a PEG ratio of less than 1 indicates undervaluation, and a PEG ratio of more than 1 indicates overvaluation.

Go Digit General Insurance ROE (Return on Equity)

Return on Equity (ROE) measures how effectively Go Digit General Insurance generates profit from shareholders' equity. A higher ROE of more than 20% indicates better financial performance in terms of profitability.

Go Digit General Insurance ROCE (Return on Capital Employed)

Return on Capital Employed (ROCE) evaluates the profitability of Go Digit General Insurance in relation to its capital employed. In simple terms, ROCE provides insight to investors as to how well the company is utilizing the capital deployed. A high ROCE of more than 20% shows that the business is making profitable use of its capital.

Go Digit General Insurance Total Debt

Total debt of Go Digit General Insurance shows how much the company owes to either banks or individual creditors. In simple terms, this is the amount the company has to repay. Total debt can be a very useful metric to show the financial health of the company. Total debt more than equity is considered to be a bad sign.

Go Digit General Insurance Debt to Equity Ratio

The Debt-to-Equity (DE) ratio of Go Digit General Insurance compares its total debt to shareholders' equity. A higher Debt to Equity ratio could indicate higher financial risk, while a lower ratio suggests that the company is managing its debt efficiently.

Go Digit General Insurance CAGR (Compound Annual Growth Rate)

CAGR shows the consistent growth rate of Go Digit General Insurance over a specific period, whether it is over a month, a year, or 10 years. It is a key metric to evaluate the company’s long-term growth potential. Main metrics for which CAGR is calculated are net sales, net profit, operating profit, and stock returns.

Go Digit General Insurance Technical Analysis

Technical analysis of Go Digit General Insurance helps investors get an insight into when they can enter or exit the stock. Key components of Go Digit General Insurance Technical Analysis include:

Support Levels (S1, S2, S3)

There are usually multiple support levels, but the main support levels for a stock are S1, S2, S3. Support levels indicate price points where stock might get support from buyers, helping the stock stop falling and rise.

Resistance Levels (R1, R2, R3)

There are usually multiple resistance levels, but the main resistance levels for a stock are R1, R2, R3. Resistance levels represent price points where Go Digit General Insurance shares often struggle to rise above due to selling pressure.

Go Digit General Insurance Dividends

Dividends refer to the portion of the company’s profits distributed to its shareholders. Dividends are typically paid out in cash and reflect Go Digit General Insurance ’s financial health and profitability.

Go Digit General Insurance Bonus Shares

Bonus shares are usually given by companies to make the stock more affordable, increase liquidity, boost investor confidence, and more.

Go Digit General Insurance Stock Split

Stock split increases the number of its outstanding shares by dividing each existing share into multiple shares. When the company offers a stock split, the face value of the stock reduces in the same proportion as the split ratio.

Go Digit General Insurance Financials

The financials of Go Digit General Insurance provide a complete view to investors about its net sales, net profit, operating profits, expenses, and overall financial health. Investors can analyze financial data to assess the company’s stability and also understand how the company has been growing financially.

Go Digit General Insurance Profit and Loss Statements

The profit and loss statement of Go Digit General Insurance highlights its net sales, net profit, total expenditure, and operating profits in the current financial year. This Profit and Loss statement is crucial for evaluating the profitability and financial stability of Go Digit General Insurance .

Go Digit General Insurance Balance Sheet

The balance sheet presents a snapshot of Go Digit General Insurance ’s assets, liabilities, and equity of shareholders, providing insights into the financials of the company.

Go Digit General Insurance Cashflow Statements

Cashflow statements track the company's cash inflows and outflows over a period. It is an essential tool for understanding how well the company manages its liquidity and finances.

Go Digit General Insurance Price-to-Book Ratio (P/B Ratio)

Go Digit General Insurance Price-to-book ratio is used by many investors to compare a company's market capitalization to its book value and find undervalued companies.

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