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Fundamentals for General Insurance Corporation of India
Business Operations:
Sector: Financial ServicesIndustry: Insurance - Reinsurance
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. General Insurance Corporation of India was incorporated in 1972 and is headquartered in Mumbai, India.
Revenue projections:
GICRE's revenue is forecasted to dip below last year's figures, raising concerns for investors who are typically wary of declining financial performance. Such drops can directly affect the company's bottom line, potentially leading to a decrease in overall profitability, making investors more cautious in their decisions.
Financial Ratios:
| currentRatio | 0.309000 |
|---|---|
| forwardPE | 5.693976 |
| debtToEquity | 0.000000 |
| earningsGrowth | 0.014000 |
| revenueGrowth | -0.013000 |
| grossMargins | 0.217530 |
| operatingMargins | 0.207410 |
| trailingEps | 55.080000 |
| forwardEps | 63.417900 |
GICRE's current ratio 0.309 indicates the company may struggle to cover its short-term liabilities with available cash reserves and current assets. This points to potential liquidity challenges, signaling that GICRE might need additional funds to meet its near-term obligations.
General Insurance Corporation of India's low growth in both earnings and revenue indicates potential profit shrinkage. This downward trend could be a sign of weakening financial health, signaling challenges for the company's future profitability.
GICRE's negative gross and operating margins indicate that the company is unprofitable, struggling to cover its production and operational costs. This reflects potential weaknesses in cost management or declining sales performance.
General Insurance Corporation of India's forward EPS surpassing its trailing EPS signals that the company is anticipated to be more profitable this year than last. This growth expectation highlights General Insurance Corporation of India's potential for increased earnings and a stronger financial performance in the upcoming year.
Price projections:
Throughout its recent performance, GICRE's price has been consistently close to the lower range of projected values. This suggests that the company may face challenges in achieving higher valuations in the eyes of investors.
Recommendation changes over time:
Analysts' recent buy bias toward GICRE suggests the stock is gaining favor as a strong investment choice. This optimism could drive more investors to see GICRE as a smart place to invest, further bolstering confidence in the company's long-term growth and potential returns.
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