Q3 2026 Go Digit General Insurance Ltd Earnings Call Transcript
Key Points
- Go Digit General Insurance Ltd (NSE:GODIGIT) reported a significant growth in premium income, with a 20.9% increase in GDP and an 8.7% growth in gross written premium.
- The company's profit before tax increased from INR 37 crore to INR 163 crore, showcasing a strong financial performance.
- The solvency ratio stands at 230%, well above the required 150%, indicating strong financial health.
- The company has seen a substantial increase in its AUM, reaching INR 22,509 crores, marking an 18.8% growth.
- Go Digit General Insurance Ltd (NSE:GODIGIT) has a low management expense ratio of 7% to GWP, which is considered best-in-class in the industry.
- The company experienced a decline in growth in the Health, Travel, and PA segments, with a 31% decrease compared to the industry growth of 28.7%.
- The combined ratio under IFRS is 105%, indicating that the company is still spending more than it earns in premiums.
- There was a strategic shift to reinsure more in the motor line due to long-tail risks, which could impact future profitability.
- The loss ratio in Motor OD increased to 75.6% from 70.5% in the previous year, driven by price competition and a focus on renewals.
- The company decided not to renew a government health business due to inadequate pricing, which impacted the growth in the health segment.
Ladies and gentlemen, good day, and welcome to Q3 and NM FY26 Business conference call of Go Digit General Insurance Limited, hosted by ICICI Securities. (Operator Instructions)
I now hand the conference over to Mr. Ansuman from ICIC Securities. Thank you, and over to you, sir.
Good evening, ladies and gentlemen, and thanks, Aneesh. It is an honor to host the senior management of Go Digit General Insurance for their Q3 and 9 months FY26 results conference call.
I now hand over the call to Chairman, Mr. Kamesh Goyal. Over to you, sir.
Thanks, Ansuman, and good evening, everyone, and thanks for joining. Let me just start by saying that in December, we had done a very short call explaining the merger between the holding company, Go Digit Infoworks with Go Digit General Insurance Company Limited. Basically, the shares which are held by Go Digit Infoworks are being split into
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
Trustpilot
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
