Go Digit General Insurance Limited (IN:GODIGIT)
:GODIGIT
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Go Digit General Insurance Limited
(GODIGIT)
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Rating:62Neutral
Price Target:
₹328.00
▼(-5.33% Downside)
Action:Downgraded
Date:05/01/26
The score is supported primarily by improving profitability, strong cash generation, and a conservatively levered balance sheet. It is held back by weak technical trend signals (price below major moving averages and negative MACD) and a high P/E with no dividend yield data to support valuation.
Positive Factors
Profitability turnaround
Go Digit's shift from losses in 2021–2022 to sustained profitability through 2026 reflects durable improvements in underwriting discipline and expense control. This structural turnaround strengthens retained earnings, reduces capital strain from operating losses, and supports reinvestment into distribution and product development over the next 2–6 months and beyond.
Negative Factors
Revenue deceleration
Revenue growth materially slowed in 2026 versus prior years, signaling potential market saturation, pricing pressure, or distribution headwinds. Slower top-line expansion constrains operating leverage and the pace at which underwriting improvements translate into larger absolute earnings and reserve builds over the coming months.
Read all positive and negative factors
Positive Factors
Negative Factors
Profitability turnaround
Go Digit's shift from losses in 2021–2022 to sustained profitability through 2026 reflects durable improvements in underwriting discipline and expense control. This structural turnaround strengthens retained earnings, reduces capital strain from operating losses, and supports reinvestment into distribution and product development over the next 2–6 months and beyond.
Read all positive factors
Go Digit General Insurance Limited (GODIGIT) vs. iShares MSCI India ETF (INDA)
Market Cap
₹287.70B
Dividend YieldN/A
Average Volume (3M)16.59K
Price to Earnings (P/E)49.4
Beta (1Y)0.36
Revenue Growth8.39%
EPS Growth27.09%
CountryIN
Employees3,970
SectorFinancial
Sector Strength70
IndustryInsurance - Property & Casualty
Share Statistics
EPS (TTM)5.30
Shares Outstanding924,499,000
10 Day Avg. Volume16,985
30 Day Avg. Volume16,588
Financial Highlights & Ratios
PEG Ratio2.04
Price to Book (P/B)6.31
Price to Sales (P/S)2.82
P/FCF Ratio14.72
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
₹395.00Price Target Upside14.01% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)7.45
Revenue Forecast (FY)₹118.74B
Go Digit General Insurance Limited Business Overview & Revenue Model
Company Description
Go Digit General Insurance Limited provides various insurance services in India. The company offers motor insurance solutions, including cars, two wheeler/bike, commercial vehicle, auto rickshaws, taxi/cabs, and trucks insurance; and health insura...
How the Company Makes Money
Go Digit makes money primarily by underwriting general insurance policies and earning income from (1) premiums collected from policyholders and (2) investment returns on funds held (commonly referred to as the investment or float) before claims ar...
Go Digit General Insurance Limited Financial Statement Overview
Summary
Income Statement
72
Positive
Balance Sheet
78
Positive
Cash Flow
85
Very Positive
| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 101.01B | 104.78B | 97.16B | 86.66B | 59.98B | 38.71B |
| Gross Profit | 58.76B | 43.45B | 74.65B | 67.26B | 57.42B | 36.82B |
| EBITDA | 5.30B | 6.32B | 5.15B | 2.39B | 721.77M | -2.71B |
| Net Income | 4.89B | 5.44B | 4.25B | 1.82B | 355.47M | -2.96B |
Balance Sheet | ||||||
| Total Assets | 233.33B | 249.52B | 217.60B | 176.82B | 143.95B | 109.89B |
| Cash, Cash Equivalents and Short-Term Investments | 1.41B | 2.19B | 2.39B | 3.56B | 15.70B | 28.99B |
| Total Debt | 3.50B | 3.50B | 3.50B | 3.50B | 0.00 | 0.00 |
| Total Liabilities | 186.31B | 202.66B | 171.47B | 142.39B | 110.48B | 80.70B |
| Stockholders Equity | 47.03B | 46.86B | 46.12B | 34.43B | 33.47B | 29.19B |
Cash Flow | ||||||
| Free Cash Flow | 8.73B | 20.08B | 15.86B | 17.04B | 22.29B | 24.29B |
| Operating Cash Flow | 8.82B | 20.26B | 16.04B | 17.20B | 22.50B | 24.71B |
| Investing Cash Flow | -9.68B | -20.19B | -28.37B | -19.86B | -25.14B | -34.87B |
| Financing Cash Flow | -126.30M | -281.00M | 10.92B | 3.42B | 3.97B | 10.03B |
Go Digit General Insurance Limited Technical Analysis
Negative
346.45
Price Trends
320.75
Negative
326.43
Negative
340.73
Negative
Market Momentum
-2.96
Negative
45.79
Neutral
43.08
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:GODIGIT, the sentiment is Negative. The current price of 346.45 is above the 20-day moving average (MA) of 312.43, above the 50-day MA of 320.75, and above the 200-day MA of 340.73, indicating a bearish trend. The MACD of -2.96 indicates Negative momentum. The RSI at 45.79 is Neutral, neither overbought nor oversold. The STOCH value of 43.08 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:GODIGIT.
Go Digit General Insurance Limited Peers Comparison
UnderperformOutperform
Sector (68)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
73 Outperform | ₹889.31B | 38.98 | ― | 0.69% | 12.68% | 9.94% | |
70 Outperform | ₹676.67B | 9.68 | ― | 2.69% | 11.99% | 28.15% | |
69 Neutral | ₹300.97B | 4.56 | ― | 1.87% | 2.62% | 2.96% | |
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% | |
62 Neutral | ₹287.70B | 49.37 | ― | ― | 8.39% | 27.09% | |
60 Neutral | ₹139.59B | 175.19 | ― | ― | -28.49% | -34.90% | |
57 Neutral | ₹352.13B | 29.24 | ― | ― | 62.58% | ― |
* Financial Sector Average
IN:GODIGIT
Go Digit General Insurance Limited
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Go Digit General Insurance Limited Corporate Events
Go Digit receives independent “Aspiring” ESG rating from NSE Sustainability
Apr 3, 2026
Go Digit General Insurance Limited announced that NSE Sustainability Ratings and Analytics has voluntarily assigned it an ESG rating of “Aspiring,” based on publicly available information for FY2025. The rating was prepared independent...
Go Digit Faces Reaffirmed GST Demand After Fresh Adjudication
Mar 7, 2026
Go Digit General Insurance has disclosed that the Commissioner of GST Central Excise, Chennai South Commissionerate has re-affirmed a goods and services tax demand of about Rs. 154.8 crore, along with a penalty of roughly Rs. 15.5 crore and inter...
Go Digit Discloses GST Intelligence Search, Sees No Material Impact
Feb 6, 2026
Go Digit General Insurance Limited has disclosed that the Directorate General of Goods Service Tax Intelligence, Gurugram Zonal Unit, conducted a search and inquiry at the company under Sections 70 and 67 of the Central Goods and Services Tax Act...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.