General Insurance Corporation of India Share Price and Company Fundamentals



Price
₹115.35
Change
0.700 (0.611%)
52 week
105.0 - 205.95

Last traded: Yesterday at 9:59 AM

General Insurance Corporation of India provides reinsurance services in India and internationally. It offers property, energy, marine, engineering, liability, spares, health, agriculture/weather, motor and workmen compensation, aviation, and miscellaneous products, as well as marine hull, cargo, and offshore energy reinsurance products. The company also provides reinsurance solutions for the Afro-Asian region and reinsurance programs in South East Asia, the Middle East, and Africa. General Insurance Corporation of India was incorporated in 1972 and is headquartered in Mumbai, India.

Key Metrics

PE ratio

8.50

PB ratio

0.56

Dividend yield

1.96%

Beta

1.06

Market cap

-

Enterprise value

-

Company profile

Industry / SectorInsurance—Reinsurance / Financial Services
Websitehttps://www.gicofindia.com/en
Mailing addressSuraksha 170, Jamshedji Tata Road Churchgate Mumbai 400020 India
Phone / Fax91 22 2286 7000 / 91 22 2288 4010

Dividends

Dividend yield

1.96%

Dividend amount

₹2.25

Payout ratio

0.00%

General Insurance Corporation of India paid ₹2.25 dividend and the ex-dividend date was 07 June 2022.The dividend payout ratio is 0.00%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.GICRE dividend payout ratio is less than 70. This is ideal as it gives company room to grow the dividends and also the excess earnings can be invested in company for growth.

GICRE's forward dividend amount is ₹2.25 and the forward dividend yield is 1.96%. A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.

Company Executives

As of Jul 2022, following are the company executives and directors listed on General Insurance Corporation of India.

NameTitleAgeTotal Pay
Mr. Devesh SrivastavaChairman, MD & CEO584.06M
Ms. Jayashree RanadeCFO, Chief of Internal Audit, GM & Financial Advisor2.6M
Ms. Jayashri BalkrishnaChief Risk Officer & Deputy GM532.3M
Mr. Sateesh N. BhatAppointed Actuary of Non Life Insurance7.6M
Mr. Vikash Kumar SharmaAppointed Actuary of Life Insurance6.01M
Ms. Radhika RavishekarChief Investment Officer
Mr. Hitesh JoshiGM & Investor Relations Mang.
Mr. Satheesh Kumar S.Company Sec. & Chief Compliance Officer
Mr. Rajesh KhadatareChief Marketing Officer
Ms. Girija SubramanianGen. Mang.

Profitability and management effectiveness

Profit margin

4.87%

Operating margin

6.53%

Return on assets

1.37%

Return on equity

4.20%

Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.

The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.

Valuation and Trading Info

The market capitalization of General Insurance Corporation of India is and its enterprise value is .

The GICRE's stocks Beta value is 1.06 making it 6% more volatile compared to NSE market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.

General Insurance Corporation of India (NSE:GICRE) Frequently Asked Questions

1. What is General Insurance Corporation of India's Stock Symbol?

General Insurance Corporation of India trades on NSE under the ticker symbol "GICRE".

2. What is General Insurance Corporation of India's stock price today?

One share of GICRE stock can currently be purchased for approximately ₹115.35.

3. How can I contact General Insurance Corporation of India?

General Insurance Corporation of India's mailing address is Suraksha 170, Jamshedji Tata Road Churchgate Mumbai 400020 India. The company can be reached via phone at 91 22 2286 7000.

4. What is General Insurance Corporation of India's official website?

The official website of General Insurance Corporation of India is https://www.gicofindia.com/en.