Cash flow General Insurance Corporation of India

Equities

GICRE

INE481Y01014

Reinsurance

Delayed NSE India S.E. Other stock markets 02:01:32 2026-03-09 am EDT			5-day change	1st Jan Change
361.80 ^INR	-0.48%		-2.86%	-4.99%

Feb. 11	General Insurance Corporation of India, Q3 2026 Earnings Call, Feb 11, 2026
Feb. 07	General Insurance Corporation of India Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2025	CI

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Published financial data: GENERAL INSURANCE CORPORATION OF INDIA

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: March	2021	2022	2023	2024	2025
Premiums and Annuity Revenues	399B	395B	360B	336B	367B
Total Interest And Dividend Income	46.56B	50.61B	62.37B	75.39B	87.78B
Gain (Loss) on Sale of Investments, Total (Rev)	40.98B	43.86B	43.69B	39.93B	40.48B
Other Revenues, Total	-	-	-	-	100M
Total Revenues	487B	490B	466B	452B	496B
Policy Benefits	369B	367B	332B	316B	328B
Policy Acquisition / Underwriting Costs, Total	80.25B	70.26B	56.51B	63.01B	74.72B
Selling General & Admin Expenses, Total	3.02B	3.71B	3.68B	4.2B	4.31B
Provision for Bad Debts	-3.68B	2.63B	1.71B	-78.8M	549M
Provision For Loan Losses - (Ins. / REIT / Utility Templates)	-3.49B	-13.65B	-138M	10.1B	1.11B
Other Operating Expenses	-	-	-	-	-
Total Operating Expenses	452B	457B	394B	373B	406B
Operating Income	34.67B	32.63B	71.8B	78.56B	89.74B
Interest Expense, Total	-609M	-627M	-807M	-838M	-708M
Income (Loss) on Equity Invest.	1.67B	1.88B	3.3B	1.78B	4.58B
Currency Exchange Gains (Loss)	-3.48B	5.35B	9.23B	1.44B	2.02B
Other Non Operating Income (Expenses)	114M	205M	87.12M	87.62M	300K
EBT, Excl. Unusual Items	32.36B	39.42B	83.61B	81.03B	95.63B
Gain (Loss) on Sale of Assets	262K	-2.07M	1.09M	-535K	-3.6M
EBT, Incl. Unusual Items	32.36B	39.42B	83.61B	81.03B	95.63B
Income Tax Expense	12.44B	15.56B	14.54B	14.17B	21.31B
Earnings From Continuing Operations	19.92B	23.86B	69.07B	66.86B	74.32B
Net Income to Company	19.92B	23.86B	69.07B	66.86B	74.32B
Net Income - (IS)	19.92B	23.86B	69.07B	66.86B	74.32B
Net Income to Common Incl Extra Items	19.92B	23.86B	69.07B	66.86B	74.32B
Net Income to Common Excl. Extra Items	19.92B	23.86B	69.07B	66.86B	74.32B
Per Share Items
Net EPS - Basic	11.35	13.6	39.37	38.11	42.36
Basic EPS - Continuing Operations	11.35	13.6	39.37	38.11	42.36
Basic Weighted Average Shares Outstanding	1.75B	1.75B	1.75B	1.75B	1.75B
Net EPS - Diluted	11.35	13.6	39.37	38.11	42.36
Diluted EPS - Continuing Operations	11.35	13.6	39.37	38.11	42.36
Diluted Weighted Average Shares Outstanding	1.75B	1.75B	1.75B	1.75B	1.75B
Normalized Basic EPS	11.53	14.04	29.79	28.87	34.07
Normalized Diluted EPS	11.53	14.04	29.79	28.87	34.07
Dividend Per Share	-	2.25	7.2	10	10
Payout Ratio	-	-	5.71	18.89	23.61
Supplemental Items
EBITDA	34.79B	32.7B	71.87B	78.65B	91.63B
EBITA	34.67B	32.63B	71.8B	78.56B	89.99B
EBIT	34.67B	32.63B	71.8B	78.56B	89.74B
EBITDAR	34.8B	-	-	-	-
Effective Tax Rate - (Ratio)	38.45	39.47	17.39	17.49	22.28
Total Current Taxes	12.56B	17.99B	21.15B	16.53B	21.31B
Total Deferred Taxes	20.86M	-232M	-5.64B	-843M	-31.4M
Normalized Net Income	20.22B	24.64B	52.26B	50.64B	59.77B
Non-Cash Pension Expense	488M	125M	1.2B	318M	-112M
Supplemental Operating Expense Items
Advertising Expense	28.34M	44.69M	60.44M	27.14M	31.8M
General and Administrative Expenses	544M	291M	83.22M	799M	1.06B
Net Rental Expense, Total	3.43M	-	-	-	-

Fiscal Period: March	2021	2022	2023	2024	2025
Assets
Investment In Debt Securities	111B	128B	169B	207B	238B
Investment In Equity and Preferred Securities, Total	111B	125B	157B	207B	218B
Mortgage Loans	398M	393M	389M	407M	432M
Total Other Investments	12.8B	12.26B	17.44B	21.49B	26.97B
Total investments	235B	265B	344B	436B	483B
Cash And Equivalents	186B	215B	237B	249B	253B
Reinsurance Recoverable - (IS)	127B	111B	106B	90.83B	107B
Other Receivables - (Insurance Template)	31.13B	35.94B	17.24B	21.46B	22.75B
Deferred Policy Acquisition Costs - (BS)	-	-	-	-	1.45B
Separate Account Assets	705B	782B	804B	922B	950B
Gross Property Plant And Equipment	2.55B	2.58B	3.8B	3.82B	3.91B
Accumulated Depreciation	-905M	-970M	-934M	-998M	-1.08B
Net Property Plant And Equipment	1.64B	1.61B	2.87B	2.82B	2.83B
Goodwill	274M	274M	274M	274M	274M
Other Intangibles, Total	79.79M	121M	94.99M	82.21M	161M
Other Current Assets, Total	116B	107B	110B	116B	120B
Deferred Tax Assets Long-Term (Collected)	197M	391M	6.05B	6.88B	6.93B
Other Long-Term Assets, Total	-	-	-	1K	100K
Total Assets	1,403B	1,518B	1,627B	1,845B	1,948B
Liabilities
Accounts Payable, Total	18.94B	22.37B	3.4B	5.61B	5.99B
Accrued Expenses, Total	3.09B	3.44B	5.93B	5.32B	5.08B
Insurance And Annuity Liabilities	213B	216B	197B	204B	220B
Unpaid Claims	588B	643B	704B	747B	805B
Reinsurance Payable - (BS)	20.38B	8.21B	3.37B	2.83B	2.85B
Current Income Taxes Payable	3.66B	5.59B	6.27B	143M	1.04B
Deferred Tax Liability Current	-	-	-	-	18.7M
Other Current Liabilities - (Brok / FS / Ins. / REIT Template)	20.59B	19.32B	32.81B	22.72B	19.18B
Other Non Current Liabilities	-	-1K	1K	-	-
Total Liabilities	868B	918B	953B	988B	1,060B
Common Stock, Total	8.77B	8.77B	8.77B	8.77B	8.77B
Additional Paid In Capital	15.44B	15.44B	15.44B	15.44B	15.44B
Retained Earnings	225B	249B	314B	368B	423B
Comprehensive Income and Other	286B	327B	336B	464B	440B
Total Common Equity	535B	600B	675B	857B	888B
Total Equity	535B	600B	675B	857B	888B
Total Liabilities And Equity	1,403B	1,518B	1,627B	1,845B	1,948B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	1.75B	1.75B	1.75B	1.75B	1.75B
ECS Total Common Shares Outstanding	1.75B	1.75B	1.75B	1.75B	1.75B
Book Value / Share	304.83	342.25	384.58	488.44	506.15
Tangible Book Value	534B	600B	674B	857B	888B
Tangible Book Value Per Share	304.63	342.03	384.37	488.24	505.91
Total Debt	0	0	0	0	0
Net Debt	-186B	-215B	-237B	-249B	-253B
Debt Equivalent of Unfunded Proj. Benefit Obligation	552M	563M	1.64B	564M	237M
Debt Equivalent Oper. Leases	27.47M	-	-	-	-
Equity Method Investments, Total	20.51B	22.32B	25.97B	27.74B	32.68B
Account Code - Inventory Valuation	3	3	3	3	3
Land - (BS)	807M	807M	807M	807M	807M
Buildings, Total	1.19B	1.21B	2.45B	2.45B	2.46B
Machinery, Total	545M	556M	544M	563M	645M
Full Time Employees	466	494	443	411	414

Fiscal Period: March	2021	2022	2023	2024	2025
Net Income	19.92B	23.86B	69.07B	66.86B	74.32B
Depreciation, Depletion & Amortization	123M	70.84M	68.62M	89.94M	1.64B
Amortization of Goodwill and Intangible Assets - (CF)	-	-	-	-	245M
Total Depreciation, Depletion & Amortization	123M	70.84M	68.62M	89.94M	1.89B
Amortization of Deferred Charges, Total	26.39M	66.64M	28.29M	28.71M	35.3M
(Gain) Loss On Sale of Asset - (CF)	-262K	2.07M	-1.09M	535K	-
(Gain) Loss on Sale of Investments - (CF)	690M	1.8B	807M	1.43B	-
Provision for Credit Losses	1.18B	1.26B	16.81B	-10.27B	-
(Income) Loss On Equity Investments - (CF)	1.67B	1.88B	3.3B	1.78B	-
Change in insurance Reserves / Liabilities	40.53B	50.6B	38.54B	47.57B	-
Change in Other Net Operating Assets (Collected)	65.51B	16.11B	-1.82B	6.67B	-
Other Operating Activities	3.2B	-5.58B	-9.59B	-2.7B	-56.48B
Cash from Operations	133B	90.07B	117B	111B	19.76B
Capital Expenditure	-60.26M	-155M	-1.34B	-56.81M	-254M
Sale of Property, Plant, and Equipment	5.3M	9.5M	6.6M	-	17M
Investment in Marketable and Equity Securities, Total	-108B	-68.53B	-98.66B	-88.66B	-94.9B
Net (Increase) Decrease in Loans Originated / Sold - Investing	-	-	-	-	160M
Other Investing Activities, Total	3.17B	1.88B	-	-	85.73B
Cash from Investing	-105B	-66.79B	-99.99B	-88.72B	-9.26B
Common Dividends Paid	-	-	-3.95B	-12.63B	-17.54B
Common & Preferred Stock Dividends Paid	-	-	-3.95B	-12.63B	-17.54B
Other Financing Activities, Total	-	-	-	-	-
Cash from Financing	-	-	-3.95B	-12.63B	-17.54B
Foreign Exchange Rate Adjustments	-3.48B	5.35B	9.23B	1.44B	6.51B
Net Change in Cash	24.82B	28.63B	22.51B	11.53B	-535M
Supplemental Items
Cash Income Tax Paid (Refund)	10.62B	14.64B	18.16B	18.82B	22.24B
Levered Free Cash Flow	131B	90.3B	93.39B	84.66B	102B
Unlevered Free Cash Flow	132B	90.7B	93.9B	85.18B	102B
Change In Net Working Capital	-110B	-70.32B	-50.26B	-36.02B	-44.29B

Fiscal Period: March	2021	2022	2023	2024	2025
Profitability
Return on Assets	1.66	1.4	2.85	2.83	2.96
Return on Total Capital	4.7	3.59	7.04	6.41	6.43
Return On Equity %	4.32	4.2	10.83	8.73	8.52
Return on Common Equity	4.32	4.2	10.83	8.73	8.52
Margin Analysis
Gross Profit Margin %	6.98	7.95	16.57	18.3	19.08
SG&A Margin	0.62	0.76	0.79	0.93	0.87
EBITDA Margin %	7.14	6.67	15.43	17.41	18.48
EBITA Margin %	7.12	6.66	15.41	17.39	18.15
EBIT Margin %	7.12	6.66	15.41	17.39	18.1
Income From Continuing Operations Margin %	4.09	4.87	14.83	14.8	14.99
Net Income Margin %	4.09	4.87	14.83	14.8	14.99
Net Avail. For Common Margin %	4.09	4.87	14.83	14.8	14.99
Normalized Net Income Margin	4.15	5.03	11.22	11.21	12.05
Levered Free Cash Flow Margin	26.95	18.43	20.05	18.74	20.49
Unlevered Free Cash Flow Margin	27.03	18.51	20.15	18.86	20.58
Asset Turnover
Asset Turnover	0.37	0.34	0.3	0.26	0.26
Fixed Assets Turnover	288.23	301.5	208.06	158.71	175.44
Short Term Liquidity
Current Ratio	0.54	0.52	0.51	0.5	0.5
Quick Ratio	0.25	0.27	0.27	0.27	0.26
Operating Cash Flow to Current Liabilities	0.15	0.1	0.12	0.11	0.02
Average Days Payable Outstanding	659.86	700.19	843.84	925.68	906.82
Long Term Solvency
Total Liabilities / Total Assets	61.87	60.46	58.54	53.54	54.41
EBIT / Interest Expense	56.95	51.99	88.92	93.74	126.79
EBITDA / Interest Expense	57.16	52.11	89.01	93.85	129.46
(EBITDA - Capex) / Interest Expense	57.06	51.86	87.35	93.78	129.1
Net Debt / EBITDA	-5.34	-6.56	-3.3	-3.16	-2.76
Net Debt / (EBITDA - Capex)	-5.35	-6.59	-3.36	-3.16	-2.77
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-4.92	0.59	-4.91	-3.03	8.06
Gross Profit, 1 Yr. Growth %	-1.04K	14.61	98.08	4.95	14.3
EBITDA, 1 Yr. Growth %	-478.17	-6.1	119.37	9.39	14.69
EBITA, 1 Yr. Growth %	-469.49	-5.9	120.09	9.42	14.14
EBIT, 1 Yr. Growth %	-469.49	-5.9	120.09	9.42	14.1
Earnings From Cont. Operations, 1 Yr. Growth %	-1.17K	19.82	189.46	-3.21	11.16
Net Income, 1 Yr. Growth %	-1.17K	19.82	189.46	-3.21	11.16
Normalized Net Income, 1 Yr. Growth %	-1.28K	21.83	112.09	-3.09	18.02
Diluted EPS Before Extra, 1 Yr. Growth %	-1.17K	19.82	189.46	-3.21	11.16
Net Property, Plant and Equip., 1 Yr. Growth %	-5.4	-2.18	78.67	-1.73	0.33
Total Assets, 1 Yr. Growth %	16.32	8.25	7.17	13.35	5.59
Common Equity, 1 Yr. Growth %	37.78	12.28	12.37	27.01	3.63
Tangible Book Value, 1 Yr. Growth %	37.81	12.28	12.38	27.02	3.62
Cash From Operations, 1 Yr. Growth %	54.16	-32.19	29.52	-4.93	-1.03K
Capital Expenditures, 1 Yr. Growth %	101.7	156.43	767.56	-95.76	347.36
Levered Free Cash Flow, 1 Yr. Growth %	82.8	-31.2	3.42	-9.35	18.37
Unlevered Free Cash Flow, 1 Yr. Growth %	82.89	-31.1	3.53	-9.28	18.16
Dividend Per Share, 1 Yr. Growth %	-	-	220	38.89	0
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	4.62	-2.2	-2.2	-3.97	3.17
Gross Profit, 2 Yr. CAGR %	-6.95	228.54	50.67	45.66	9.58
EBITDA, 2 Yr. CAGR %	-0.69	88.51	43.67	54.94	12.89
EBITA, 2 Yr. CAGR %	-0.66	86.46	43.91	55.18	11.95
EBIT, 2 Yr. CAGR %	-0.66	86.46	43.91	55.18	11.8
Earnings From Cont. Operations, 2 Yr. CAGR %	-15.02	257.74	86.23	67.39	3.73
Net Income, 2 Yr. CAGR %	-15.02	257.74	86.23	67.39	3.73
Normalized Net Income, 2 Yr. CAGR %	-9.76	279.68	60.75	43.36	6.94
Diluted EPS Before Extra, 2 Yr. CAGR %	-15.02	257.74	86.23	67.39	3.73
Net Property, Plant and Equip., 2 Yr. CAGR %	-5.43	-3.8	32.2	32.51	-0.7
Total Assets, 2 Yr. CAGR %	7.13	12.22	7.71	10.22	9.4
Common Equity, 2 Yr. CAGR %	-2.2	24.37	12.32	19.46	14.72
Tangible Book Value, 2 Yr. CAGR %	-2.2	24.39	12.33	19.48	14.73
Cash From Operations, 2 Yr. CAGR %	32.17	2.24	-6.06	10.96	-58.94
Capital Expenditures, 2 Yr. CAGR %	-61.31	127.43	371.67	-39.37	-56.46
Levered Free Cash Flow, 2 Yr. CAGR %	25.19	12.14	-15.65	-3.18	4.31
Unlevered Free Cash Flow, 2 Yr. CAGR %	25.21	12.25	-15.54	-3.09	4.25
Dividend Per Share, 2 Yr. CAGR %	-	-	-	110.82	17.85
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	3.79	3.26	-3.11	-2.47	0.4
Gross Profit, 3 Yr. CAGR %	-5.87	-0.25	177.55	34.47	34.4
EBITDA, 3 Yr. CAGR %	-2.48	-2.5	98.42	31.21	40.89
EBITA, 3 Yr. CAGR %	-2.53	-2.44	97.06	31.35	40.24
EBIT, 3 Yr. CAGR %	-2.53	-2.44	97.06	31.35	40.11
Earnings From Cont. Operations, 3 Yr. CAGR %	-14.13	-4.71	233.36	49.73	46.04
Net Income, 3 Yr. CAGR %	-14.13	-4.71	233.36	49.73	46.04
Normalized Net Income, 3 Yr. CAGR %	-3.32	-0.26	212.69	35.79	34.36
Diluted EPS Before Extra, 3 Yr. CAGR %	-14.45	-4.71	233.36	49.73	46.03
Net Property, Plant and Equip., 3 Yr. CAGR %	-0.04	-4.36	18.25	19.76	20.77
Total Assets, 3 Yr. CAGR %	7.63	7.5	10.51	9.56	8.65
Common Equity, 3 Yr. CAGR %	-0.32	2.4	20.24	17.02	13.93
Tangible Book Value, 3 Yr. CAGR %	-0.32	2.41	20.25	17.03	13.94
Cash From Operations, 3 Yr. CAGR %	14.55	5.81	10.8	-5.68	-39.79
Capital Expenditures, 3 Yr. CAGR %	-27.72	-27.32	255.35	-1.95	18.03
Levered Free Cash Flow, 3 Yr. CAGR %	18.14	2.54	9.16	-13.6	4.01
Unlevered Free Cash Flow, 3 Yr. CAGR %	18.22	2.6	9.27	-13.5	4.01
Dividend Per Share, 3 Yr. CAGR %	-	-30.66	-	-	64.41
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	20.23	9.38	1.35	0.3	-0.65
Gross Profit, 5 Yr. CAGR %	3.48	-2.02	13.62	16.06	92.16
EBITDA, 5 Yr. CAGR %	4.53	-3.11	13.89	17.39	58.36
EBITA, 5 Yr. CAGR %	4.48	-3.11	13.91	17.46	57.17
EBIT, 5 Yr. CAGR %	4.48	-3.11	13.91	17.46	57.08
Earnings From Cont. Operations, 5 Yr. CAGR %	-6.74	-8.26	17.04	19.38	108.98
Net Income, 5 Yr. CAGR %	-6.74	-8.26	17.04	19.38	108.98
Normalized Net Income, 5 Yr. CAGR %	0.51	-1.11	18.49	15.32	103.58
Diluted EPS Before Extra, 5 Yr. CAGR %	-7.11	-8.62	16.78	19.38	108.98
Net Property, Plant and Equip., 5 Yr. CAGR %	1.02	1.01	11.79	8.97	10.27
Total Assets, 5 Yr. CAGR %	13.01	9.31	7.67	8.58	10.06
Common Equity, 5 Yr. CAGR %	5.01	3.64	4.56	8.91	18
Tangible Book Value, 5 Yr. CAGR %	5.03	3.64	4.56	8.92	18.01
Cash From Operations, 5 Yr. CAGR %	17.18	2.65	5.81	7.94	-25.51
Capital Expenditures, 5 Yr. CAGR %	-32.37	34.37	53.06	-32.4	53.44
Levered Free Cash Flow, 5 Yr. CAGR %	23.65	5.86	3.25	0.22	7.19
Unlevered Free Cash Flow, 5 Yr. CAGR %	23.72	5.94	3.34	0.29	7.23
Dividend Per Share, 5 Yr. CAGR %	-	-17.32	1.3	8.18	-