Go Digit General Insurance Ltd (GODIGIT) - Net Assets
Based on the latest financial reports, Go Digit General Insurance Ltd (GODIGIT) has net assets worth Rs46.12 Billion INR (≈ $498.81 Million USD) as of March 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs217.60 Billion ≈ $2.35 Billion USD) and total liabilities (Rs171.47 Billion ≈ $1.85 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 Go Digit General Insurance Ltd (GODIGIT) liquid assets ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs46.12 Billion |
| % of Total Assets | 21.2% |
| Annual Growth Rate | 44.53% |
| 5-Year Change | 146.02% |
| 10-Year Change | N/A |
| Growth Volatility | 45.83 |
Go Digit General Insurance Ltd - Net Assets Trend (2018–2025)
This chart illustrates how Go Digit General Insurance Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Go Digit General Insurance Ltd total assets for the complete picture of this company's asset base.
Annual Net Assets for Go Digit General Insurance Ltd (2018–2025)
The table below shows the annual net assets of Go Digit General Insurance Ltd from 2018 to 2025. For live valuation and market cap data, see GODIGIT stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | Rs46.12 Billion ≈ $498.81 Million |
+33.96% |
| 2024-03-31 | Rs34.43 Billion ≈ $372.36 Million |
+2.88% |
| 2023-03-31 | Rs33.47 Billion ≈ $361.94 Million |
+14.65% |
| 2022-03-31 | Rs29.19 Billion ≈ $315.68 Million |
+55.70% |
| 2021-03-31 | Rs18.75 Billion ≈ $202.75 Million |
+14.64% |
| 2020-03-31 | Rs16.35 Billion ≈ $176.86 Million |
+97.95% |
| 2019-03-31 | Rs8.26 Billion ≈ $89.35 Million |
+136.03% |
| 2018-03-31 | Rs3.50 Billion ≈ $37.85 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Go Digit General Insurance Ltd'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 decreased by 0.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Rs9.23 Billion | 20.01% |
| Other Comprehensive Income | Rs2.81 Billion | 6.09% |
| Other Components | Rs34.09 Billion | 73.90% |
| Total Equity | Rs46.12 Billion | 100.00% |
Go Digit General Insurance Ltd Competitors by Market Cap
The table below lists competitors of Go Digit General Insurance Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Novoray Corporation
SHG:688300
|
$3.09 Billion |
|
Kunshan Kinglai Hygienic Materials Co Ltd
SHE:300260
|
$3.09 Billion |
|
Co-Tech Development
TWO:8358
|
$3.09 Billion |
|
ITEQ Corp
TW:6213
|
$3.09 Billion |
|
Kulicke and Soffa Industries Inc
F:KU1
|
$3.09 Billion |
|
Shenzhen Sed Industry Co Ltd
SHE:000032
|
$3.08 Billion |
|
Zhejiang Changsheng Sliding Bearings Co Ltd Class A
SHE:300718
|
$3.08 Billion |
|
Guangdong Dowstone Technology Co Ltd
SHE:300409
|
$3.08 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Go Digit General Insurance Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 34,431,468,000 to 46,124,000,000, a change of 11,692,532,000 (34.0%).
- Net income of 4,249,400,000 contributed positively to equity growth.
- Dividend payments of 290,400,000 reduced retained earnings.
- Other comprehensive income increased equity by 764,837,000.
- Other factors increased equity by 6,968,695,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs4.25 Billion | +9.21% |
| Dividends Paid | Rs290.40 Million | -0.63% |
| Other Comprehensive Income | Rs764.84 Million | +1.66% |
| Other Changes | Rs6.97 Billion | +15.11% |
| Total Change | Rs- | 33.96% |
Book Value vs Market Value Analysis
This analysis compares Go Digit General Insurance Ltd'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: 6.16x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 26.63x to 6.16x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-03-31 | Rs11.61 | Rs309.05 | x |
| 2019-03-31 | Rs15.40 | Rs309.05 | x |
| 2020-03-31 | Rs22.48 | Rs309.05 | x |
| 2021-03-31 | Rs20.44 | Rs309.05 | x |
| 2022-03-31 | Rs31.83 | Rs309.05 | x |
| 2023-03-31 | Rs36.49 | Rs309.05 | x |
| 2024-03-31 | Rs38.85 | Rs309.05 | x |
| 2025-03-31 | Rs50.15 | Rs309.05 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Go Digit General Insurance Ltd 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): 9.21%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.37%
- • Asset Turnover: 0.45x
- • Equity Multiplier: 4.72x
- Recent ROE (9.21%) is above the historical average (-8.52%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | -23.59% | -322.71% | 0.05x | 1.38x | Rs-1.18 Billion |
| 2019 | -32.76% | -48.50% | 0.27x | 2.55x | Rs-3.53 Billion |
| 2020 | -10.72% | -12.34% | 0.32x | 2.70x | Rs-3.39 Billion |
| 2021 | -6.55% | -5.40% | 0.34x | 3.55x | Rs-3.10 Billion |
| 2022 | -10.14% | -7.64% | 0.35x | 3.76x | Rs-5.88 Billion |
| 2023 | 1.06% | 0.59% | 0.42x | 4.30x | Rs-2.99 Billion |
| 2024 | 5.28% | 2.10% | 0.49x | 5.14x | Rs-1.63 Billion |
| 2025 | 9.21% | 4.37% | 0.45x | 4.72x | Rs-363.00 Million |
Industry Comparison
This section compares Go Digit General Insurance Ltd's net assets metrics with peer companies in the Insurance - Property & Casualty industry.
No peer company data available for comparison.
About Go Digit General Insurance Ltd
Go Digit General Insurance Limited provides various insurance services in India. The company offers motor insurance solutions covering cars, bikes, OD for cars, rickshaw, taxi/cabs, and trucks; health insurance solutions, including health, OPD health insurance, super top-up, Arogya Sanjeevani policy, port health policy, and employee health; business products comprising D&O, erection all risk, con… Read more