Is Go Digit General overvalued or undervalued?

As of June 2, 2024, Go Digit General is considered very expensive and overvalued with a PE ratio of 76.36 and low financial performance metrics, despite a recent short-term stock outperformance compared to the Sensex.

As of 2 June 2024, the valuation grade for Go Digit General has moved from does not qualify to very expensive, indicating a significant shift in its perceived value. The company is currently considered overvalued based on its high ratios, including a PE ratio of 76.36, an EV to EBIT of 325.24, and an EV to EBITDA of 325.24. These figures starkly contrast with its peers, such as Life Insurance with a PE of 12.54 and Bajaj Finance Ltd. with a PE of 35.01, highlighting the disparity in valuation within the industry.<BR><BR>In comparison to its peers, Go Digit General's valuation metrics suggest that it is not only overvalued but also lacks the financial performance to justify such high multiples, evidenced by a ROE of 9.27% and a ROCE of just 2.13%. Furthermore, while the company's stock has outperformed the Sensex in the short term, with a 1-month return of 20.34% compared to the Sensex's 3.82%, this does not mitigate the overall overvaluation concern.

Has Go Digit General declared dividend?

No Dividend History Available

Who are the peers of the Go Digit General?

Go Digit General's peers include SBI Life Insurance, HDFC Life Insurance, ICICI Prudential Life, ICICI Lombard, New India Assurance, Star Health Insurance, and Niva Bupa Health. Go Digit General shows excellent growth and average management risk, with a 1-year return of 11.61%, compared to HDFC Life's 37.78% and New India Assurance's -22.35%.

Peers: The peers of Go Digit General are Life Insurance, SBI Life Insuran, HDFC Life Insur., ICICI Pru Life, ICICI Lombard, General Insuranc, New India Assura, Star Health Insu, and Niva Bupa Health.<BR><BR>Quality Snapshot: Excellent management risk is observed at ICICI Lombard, while Average management risk is found at Life Insurance, SBI Life Insuran, HDFC Life Insur., ICICI Pru Life, General Insuranc, Go Digit General, Star Health Insu, and Niva Bupa Health, and Below Average management risk is noted at New India Assura. Growth is Excellent at Go Digit General and Niva Bupa Health, Average at SBI Life Insuran, HDFC Life Insur., ICICI Pru Life, ICICI Lombard, General Insuranc, and Star Health Insu, and Below Average at Life Insurance and New India Assura. Capital Structure is Excellent across all peers.<BR><BR>Return Snapshot: HDFC Life Insur. has the highest 1-year return at 37.78%, while New India Assura has the lowest at -22.35%. Go Digit General's 1-year return is 11.61%, which is higher than New India Assura but lower than HDFC Life Insur. Additionally, New India Assura and Medi Assist Ser. have negative six-month returns.

What does Go Digit General do?

Go Digit General Insurance Ltd, established in 2016, is a large-cap insurance company in India, reporting net sales of ₹22,469 Cr and a net profit of ₹1,156 Cr for the quarter ending March 2025. It has a market cap of ₹32,435 Cr, a P/E ratio of 77.00, and a debt-equity ratio of 0.08.

Overview: <BR>Go Digit General Insurance Ltd operates in the insurance industry and is categorized as a large-cap company.<BR><BR>History: <BR>The company was incorporated in 2016 under the name 'Oben General Insurance Limited' in Pune, Maharashtra. It received its certificate of registration from the Insurance Regulatory and Development Authority of India (IRDAI) on September 20, 2017, and subsequently changed its name to 'Go Digit General Insurance Limited' on June 12, 2017. The most recent quarterly results reported net sales and net profit for the period ending March 2025.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: 22,469 Cr (Quarterly Results - Mar 2025) <BR>Most recent Net Profit: 1,156 Cr (Quarterly Results - Mar 2025) <BR>Market-cap value: INR 32,435 Cr (Large Cap)<BR><BR>Key Metrics: <BR>P/E: 77.00 <BR>Industry P/E: 23 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 0.08 <BR>Return on Equity: 9.27% <BR>Price to Book: 7.12 <BR><BR>Contact Details: <BR>Registrar Address: Not available. <BR>Phone: N/A <BR>Email: N/A <BR>Website: N/A

Who are the top shareholders of the Go Digit General?

The top shareholders of Go Digit General include Go Digit Infoworks Services Private Limited with 73.11%, mutual funds at 6.75%, foreign institutional investors at 7.85%, and individual investors holding 2.23%. The largest public shareholder is Mirae Asset Large & Midcap Fund with a 4.74% stake.

The top shareholders of Go Digit General include the promoters, with Go Digit Infoworks Services Private Limited holding the largest stake at 73.11%. Additionally, mutual funds collectively hold 6.75% through 17 schemes, while foreign institutional investors (FIIs) own 7.85% across 94 entities. The highest public shareholder is Mirae Asset Large & Midcap Fund, which has a stake of 4.74%. Individual investors account for 2.23% of the holdings.

How big is Go Digit General?

As of 24th July, Go Digit General Insurance Ltd has a market capitalization of 33,187.00 Cr and reported net sales of 8,045.96 Cr and net profit of 424.94 Cr over the latest four quarters.

As of 24th July, <BR><BR>Market Cap: Go Digit General Insurance Ltd has a market capitalization of 33,187.00 Cr, classified as Large Cap.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters is 8,045.96 Cr, while the sum of Net Profit for the same period is 424.94 Cr.<BR><BR>Balance Sheet Snapshot: The reporting period for the latest annual data is March 2024. Shareholder's Funds are valued at 3,443.15 Cr, and Total Assets amount to 16,958.45 Cr.

Are Go Digit General latest results good or bad?

Go Digit General Insurance's latest results are mixed; while net sales reached a record high and profit after tax grew by 27.7%, profit before tax fell significantly, and sales declined by 17% in the following quarter, indicating challenges that need to be addressed.

Go Digit General Insurance's latest results present a mixed picture. On one hand, the company achieved a strong net sales figure of Rs 2,594.55 crore for the quarter ending March 2025, which is the highest quarterly sales in the last five quarters. This indicates a solid market presence and operational efficiency.<BR><BR>Profitability also showed positive signs, with a profit after tax (PAT) of Rs 115.61 crore, reflecting a significant growth of 27.7% compared to the average PAT from the previous four quarters. This suggests effective cost management and a strong revenue generation strategy.<BR><BR>However, there are notable challenges as well. The profit before tax (PBT) dropped significantly to Rs -209.01 crore, which is a concerning decline from previous averages. Additionally, the reliance on non-operating income, which constituted a large percentage of the PBT, raises questions about the sustainability of the company's income sources.<BR><BR>In the subsequent quarter ending June 2025, net sales saw a decline of 17%, while standalone net profit increased by 19.65%. This indicates some volatility in performance, with sales decreasing but profitability improving.<BR><BR>Overall, while Go Digit General Insurance has demonstrated resilience and growth in certain areas, the decline in PBT and sales in the latest quarter suggests that there are challenges that the company needs to address moving forward.

When is the next results date for Go Digit General?

Go Digit General will announce its results on 28 October 2025.

Go Digit General will declare its results on 28 October 2025.

How has been the historical performance of Go Digit General?

Go Digit General has shown significant growth in net sales and profitability, with total operating income rising to 9,370.72 Cr in Mar'25 and a recovery in profit before tax to 424.94 Cr, compared to losses in previous years. Total assets increased to 21,460.94 Cr, reflecting a strong recovery and growth trajectory.

Answer:<BR>The historical performance of Go Digit General shows significant growth in net sales and profitability over the past few years.<BR><BR>Breakdown:<BR>Go Digit General has demonstrated a strong upward trend in net sales, increasing from 3,840.96 Cr in Mar'22 to 8,045.96 Cr in Mar'25. Other operating income also saw growth, reaching 1,324.76 Cr in Mar'25, contributing to a total operating income of 9,370.72 Cr for the same period. The company's total expenditure, excluding depreciation, rose to 9,270.61 Cr in Mar'25, but operating profit (PBDIT) improved significantly to 424.94 Cr, compared to a loss of 286.38 Cr in Mar'24. Profit before tax and profit after tax both stood at 424.94 Cr in Mar'25, marking a substantial recovery from previous years, including a loss of 295.86 Cr in Mar'22. The earnings per share (EPS) also increased to 4.6 in Mar'25 from a negative EPS of -3.44 in Mar'22. On the balance sheet, total assets grew to 21,460.94 Cr in Mar'25, up from 10,047.73 Cr in Mar'22, while total liabilities also increased to 21,460.94 Cr. Cash flow from operating activities was 1,604.00 Cr in Mar'25, although cash flow from investing activities was negative at -2,837.00 Cr, resulting in a net cash outflow of -141.00 Cr. Overall, Go Digit General's financial performance reflects a strong recovery and growth trajectory over the past few years.

Should I buy, sell or hold Go Digit General?

Is Go Digit General technically bullish or bearish?

As of December 4, 2025, the market trend is neutral with weak bullish signals from daily moving averages, while weekly indicators show mild bearishness, indicating a lack of strong momentum in either direction.

As of 4 December 2025, the technical trend has changed from mildly bullish to sideways. The current technical stance is neutral, with weak bullish signals primarily from the daily moving averages. However, the weekly MACD and KST are mildly bearish, and the Bollinger Bands indicate a bearish trend on the weekly timeframe. The RSI shows no signals on both weekly and monthly timeframes, and the Dow Theory indicates no trend in either timeframe. Overall, the indicators suggest a lack of strong momentum in either direction, leading to a neutral stance.

Which are the latest news on Go Digit General?

Why is Go Digit General falling/rising?

As of 15-Dec, Go Digit General Insurance Ltd's stock price is rising to Rs 347.20, driven by strong relative performance, a trend reversal after declines, and increased investor participation. The company shows robust long-term growth, with significant increases in profits and high institutional holdings, indicating positive market sentiment.

As of 15-Dec, Go Digit General Insurance Ltd's stock price is rising, currently at Rs 347.20, reflecting an increase of Rs 4.45 or 1.3%. This upward movement can be attributed to several factors. Firstly, the stock has outperformed its sector by 1.6% today, indicating strong relative performance. Additionally, it has experienced a trend reversal, gaining after two consecutive days of decline, which suggests a potential shift in market sentiment.<BR><BR>The stock also reached an intraday high of Rs 353, marking a 2.99% increase, which further illustrates positive trading activity. Notably, there has been a significant rise in investor participation, with delivery volume increasing by 238.28% compared to the five-day average, indicating heightened interest from investors.<BR><BR>From a fundamental perspective, Go Digit General Insurance Ltd has demonstrated strong long-term growth, with a compound annual growth rate (CAGR) of 50.90% in operating profits and a 34.60% annual growth rate in net sales. The company has consistently reported positive results over the last six quarters, with a remarkable 60% growth in profit after tax (PAT) and a staggering 240.8% increase in profit before tax (PBT) less other income in the most recent quarter compared to the previous four-quarter average. Furthermore, the stock benefits from high institutional holdings at 22.6%, suggesting confidence from more sophisticated investors.<BR><BR>Overall, these factors contribute to the stock's rising price, reflecting both positive market sentiment and strong underlying financial performance.