General Insurance Corporation of India (GICRE) - Net Assets
Based on the latest financial reports, General Insurance Corporation of India (GICRE) has net assets worth Rs995.15 Billion INR (≈ $10.76 Billion USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs2.11 Trillion ≈ $22.78 Billion USD) and total liabilities (Rs1.11 Trillion ≈ $12.01 Billion USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check financial resilience of General Insurance Corporation of India to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs995.15 Billion |
| % of Total Assets | 47.25% |
| Annual Growth Rate | 12.25% |
| 5-Year Change | 49.89% |
| 10-Year Change | 164.21% |
| Growth Volatility | 20.7 |
General Insurance Corporation of India - Net Assets Trend (2014–2025)
This chart illustrates how General Insurance Corporation of India's net assets have evolved over time, based on quarterly financial data. Also explore General Insurance Corporation of India balance sheet assets for the complete picture of this company's asset base.
Annual Net Assets for General Insurance Corporation of India (2014–2025)
The table below shows the annual net assets of General Insurance Corporation of India from 2014 to 2025. For live valuation and market cap data, see GICRE market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | Rs486.61 Billion ≈ $5.26 Billion |
-11.94% |
| 2024-03-31 | Rs552.57 Billion ≈ $5.98 Billion |
+22.29% |
| 2023-03-31 | Rs451.85 Billion ≈ $4.89 Billion |
+25.49% |
| 2022-03-31 | Rs360.08 Billion ≈ $3.89 Billion |
+10.92% |
| 2021-03-31 | Rs324.63 Billion ≈ $3.51 Billion |
+19.37% |
| 2020-03-31 | Rs271.95 Billion ≈ $2.94 Billion |
-19.76% |
| 2019-03-31 | Rs338.94 Billion ≈ $3.67 Billion |
+3.36% |
| 2018-03-31 | Rs327.93 Billion ≈ $3.55 Billion |
+8.52% |
| 2017-03-31 | Rs302.19 Billion ≈ $3.27 Billion |
+64.07% |
| 2016-03-31 | Rs184.18 Billion ≈ $1.99 Billion |
+14.94% |
| 2015-03-31 | Rs160.24 Billion ≈ $1.73 Billion |
+17.36% |
| 2014-03-31 | Rs136.54 Billion ≈ $1.48 Billion |
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Equity Component Analysis
This analysis shows how different components contribute to General Insurance Corporation of India's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 1820.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rs266.14 Billion | 54.69% |
| Common Stock | Rs8.77 Billion | 1.80% |
| Other Components | Rs211.68 Billion | 43.50% |
| Total Equity | Rs486.59 Billion | 100.00% |
General Insurance Corporation of India Competitors by Market Cap
The table below lists competitors of General Insurance Corporation of India ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Sibanye Stillwater Ltd
JSE:SSW
|
$7.47 Billion |
|
Isupetasys
KO:007660
|
$7.48 Billion |
|
Merlin Properties SOCIMI SA
MC:MRL
|
$7.48 Billion |
|
China Coal Energy Company Limited
F:CVV
|
$7.48 Billion |
|
InterDigital Inc
NASDAQ:IDCC
|
$7.46 Billion |
|
China Merchants Port Group Co Ltd
SHE:001872
|
$7.46 Billion |
|
AURUBIS AG UNSP.ADR 1/2
F:NDA1
|
$7.45 Billion |
|
VF Corporation
NYSE:VFC
|
$7.44 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in General Insurance Corporation of India's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 419,348,000,000 to 486,591,600,000, a change of 67,243,600,000 (16.0%).
- Net income of 74,318,500,000 contributed positively to equity growth.
- Dividend payments of 17,544,000,000 reduced retained earnings.
- Other comprehensive income decreased equity by 185,770,713,000.
- Other factors increased equity by 196,239,813,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs74.32 Billion | +15.27% |
| Dividends Paid | Rs17.54 Billion | -3.61% |
| Other Comprehensive Income | Rs-185.77 Billion | -38.18% |
| Other Changes | Rs196.24 Billion | +40.33% |
| Total Change | Rs- | 16.04% |
Book Value vs Market Value Analysis
This analysis compares General Insurance Corporation of India's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.42x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 5.05x to 1.42x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2014-03-31 | Rs77.83 | Rs393.40 | x |
| 2015-03-31 | Rs91.34 | Rs393.40 | x |
| 2016-03-31 | Rs104.98 | Rs393.40 | x |
| 2017-03-31 | Rs113.82 | Rs393.40 | x |
| 2018-03-31 | Rs189.00 | Rs393.40 | x |
| 2019-03-31 | Rs193.19 | Rs393.40 | x |
| 2020-03-31 | Rs155.01 | Rs393.40 | x |
| 2021-03-31 | Rs185.04 | Rs393.40 | x |
| 2022-03-31 | Rs205.24 | Rs393.40 | x |
| 2023-03-31 | Rs257.55 | Rs393.40 | x |
| 2024-03-31 | Rs239.03 | Rs393.40 | x |
| 2025-03-31 | Rs277.35 | Rs393.40 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently General Insurance Corporation of India utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 15.27%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 14.66%
- • Asset Turnover: 0.26x
- • Equity Multiplier: 4.00x
- Recent ROE (15.27%) is above the historical average (12.16%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 17.82% | 14.06% | 0.27x | 4.69x | Rs10.68 Billion |
| 2015 | 18.04% | 16.34% | 0.24x | 4.68x | Rs12.89 Billion |
| 2016 | 15.33% | 14.42% | 0.26x | 4.13x | Rs9.82 Billion |
| 2017 | 18.39% | 11.75% | 0.32x | 4.87x | Rs16.75 Billion |
| 2018 | 9.59% | 7.23% | 0.39x | 3.43x | Rs-1.34 Billion |
| 2019 | 8.14% | 6.06% | 0.37x | 3.61x | Rs-6.32 Billion |
| 2020 | -0.69% | -0.36% | 0.43x | 4.43x | Rs-29.06 Billion |
| 2021 | 6.13% | 4.07% | 0.35x | 4.32x | Rs-12.55 Billion |
| 2022 | 6.63% | 4.63% | 0.34x | 4.22x | Rs-12.15 Billion |
| 2023 | 15.29% | 14.29% | 0.30x | 3.60x | Rs23.89 Billion |
| 2024 | 15.94% | 14.36% | 0.25x | 4.40x | Rs24.92 Billion |
| 2025 | 15.27% | 14.66% | 0.26x | 4.00x | Rs25.66 Billion |
Industry Comparison
This section compares General Insurance Corporation of India's net assets metrics with peer companies in the Insurance - Reinsurance industry.
No peer company data available for comparison.
About General Insurance Corporation of India
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, life, marine hull, cargo and offshore energy, and miscellaneous products. The company was incorporated in 1972 and is headquartered in Mumbai, India.