Announcement
Announcement under Regulation 30 (LODR)-Press Release / Media Release 15 Oct - Fairfax named strategic buyer for IDBI Bank; plans to contribute Digit Insurance, subject to approvals.
Source: Bse
Go Digit General Insurance Limited (GODIGIT)
Large CapFinancial Services stocks · Large cap · NSE
Go Digit General Insurance Limited aims to simplify insurance through innovation and transparency, delivering a seamless customer experience. As a leading digital full-stack insurer, it leverages technology for product design, distribution, and customer experience in non-life insurance. It offers motor, health, travel, property, marine, liability, and other customizable insurance products.
Data qualityFresh enough for analysisQuote updated 21 Oct, 10:45 am ISTDetails
Quote21 Oct, 10:45 am IST
Base fundamentals14 Oct 2026 · screener
Latest result23 Jul, 11:27 pm IST
Score21 Oct, 04:30 am IST · v4.3-runtime-valuation
Tags03 May 2026
Coverage12/14 · 86%
Valuation2026-07-20 · Rf 6.8% · Financial Services P/E 17.0 (n=243)
Technical timing lens
Trend score and candlestick chart
53NeutralSMA20 +3.0% / mo · MACD +
Stock trend: 57
Sector RS: 47
Sector 3M: -4.9% vs Nifty 500 -5.1%
Financial Services FPI tailwindNot confirmed
Latest mapped FPI equity flow was not positive. View sector evidence
Technical chart
GODIGITD candles · FIT view-10.7%TODAY · PROVISIONALLatest price ₹282.90 on 2026-10-21
Today's candle is provisional from the latest intraday quote; completed-candle scans remain unchanged.
Bar
-1.6%
RSI
64
MACD hist
2.68
52W pos
36%
2026-10-21O ₹287.45H ₹287.45L ₹281.40C ₹282.90Vol 55,446 shIntraday candle
Up bar
Down bar
EMA 20
EMA 50
Volume + 20D avg
Result date
RSI(14)
MACD / signal
Market context
Relative performance and chart statistics
Adjusted completed-session prices, rebased to 100
GODIGITNifty Financial ServicesNifty 500
- GODIGIT
- +2.3%
- Nifty 500
- -5.6%
- Nifty Financial Services
- -6.0%
- Vs Nifty 500
- +7.9 pp
Chart stats
19 Oct 2026- From 52W high
- -23.1%
- 52W range position
- 39%
- ATR (14)
- 3.1%
- Volume vs 20D
- 0.21x
- Avg traded value
- ₹33 Cr
- 20D price channel
- ₹231.7 - ₹293.6
₹374
₹231.7 - ₹374
₹8.9
Latest completed session
20-session average
29.4% annualized volatility
Research snapshot
What the evidence says now
Weak fundamentals, management evidence is still limited to a financial-only Trust Lite signal, price trend is neutral, and recent execution is mixed.
Suggested next step
Research, do not rush
The evidence is not strongly aligned. Compare peers and wait for a cleaner setup.
U-Score
Legacy · WATCHLIST36
Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.
Latest result
Bad0
Revenue +8.5% · PAT -37.7% YoY
Technical
Neutral53
Price trend and sector-relative-strength timing.
Valuation
Legacy model-108.2%
Legacy margin-of-safety estimate; the revised evidence label remains in shadow validation.
Trust
Limited evidence63
Financial-only signal; management claim evidence is not sufficient yet.
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Latest result
Quarter ended 30 Jun 2026
Bad · 0/100PAT -38% YoY · margin compression · Rev +9% YoY
Filed 23 Jul 2026
Open results browser →| Metric | This quarter | YoY | QoQ |
|---|---|---|---|
| Revenue | ₹2,427 Cr | +8.5% | -10.5% |
| EBITDA | ₹114 Cr | -28.3% | +138.4% |
| Operating margin | 4.7% | -230 bps | +1570 bps |
| PAT | ₹86 Cr | -37.7% | -42.3% |
| PAT margin | 3.5% | -263 bps | -196 bps |
NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.
Fundamentals
Valuation
- P/E
- 53.40
- P/B
- 5.63
- EV/EBITDA
- 233.59
- Market Cap
- 26279.00Cr
Profitability
- ROE
- 12.20%
- ROCE
- 13.10%
- ROA
- 1.97%
- Dividend Y
- —
Growth (CAGR)
- Revenue 5Y
- 35.00%
- EPS 5Y
- 45.00%
- Revenue 3Y
- 19.00%
- EPS 3Y
- 112.50%
Balance Sheet
- Debt/Equity
- 0.08
- Interest Coverage
- —
- Altman Z
- 1.48
- Book Value
- 50.40
Cash Flow
- FCF Yield
- —
- FCF Positive Y
- 0/5
- OCF
- 1604.00 Cr
- EPS TTM
- 5.33
Shareholding
- Promoter Hold
- 73.00%
- Promoter Pledge
- 0.00%
- Momentum 52W
- 37%
Financial History
Updated 19/10/2026
Revenue
₹ CrLatest: 10.0k+6.8% vs prev
Net Profit
₹ CrLatest: 544+28.0% vs prev
Return on Equity
%Latest: 11.7+17.8% vs prev
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Daily technical trend read
Mixed signalsSignals are conflicting — long-term trend down. RSI 64. Wait for confirmation.
- Price below SMA200 (long-term downtrend) — short-term bounces likely countertrend.
- SMA20 rising (~4.1% over last month) — short-term momentum positive.
- RSI(14) at 64 — falling, no extreme reading.
- MACD above signal but histogram contracting — bullish momentum cooling.
- 24% off 52W high · 22% above 52W low.
Mechanical read from the price + indicator series above. Not a recommendation — technical setups can reverse without warning, especially around earnings and macro events.
Nifty 500 leadership
Relative Strength & Trend Stage
38
RS percentile
Stage 1 Base / Transition
1M return
+20.3%
3M return
+2.3%
6M return
-10.6%
1Y return
-20.3%
RS 1D
+2
RS 20D
+36
Sector rank
#9
Industry rank
#17
Stage evidence
- Price is within 1.0% of the 30-week proxy.
- The 30-week proxy changed -3.1% over 20 sessions.
- The moving-average structure does not confirm Stage 2 or Stage 4.
50-DMA
price above
200-DMA
price below
Sector
neutral
Industry
neutral
Relative-strength line vs Nifty 500 (base 100)
261 observations
19 Oct 2026Value 86.82+1.39%
RS vs Nifty 50087
Valuation & peers
U-Score 36 · legacy U-Score band WATCHLIST · valuation evidence and comparable companies
Valuation & peers
U-Score 36 · legacy U-Score band WATCHLIST · valuation evidence and comparable companies
Distress Watch
Fundamental score breakdown
U band · WATCHLISTValuation0/30
Growth22/25
Quality5/20
Balance Sheet5/15
Cash Flow1/10
Piotroski
6/9 (+3)
Penalties
0
Raw sum
36
Why this score?
Top U-Score contributors and drags from the latest stored fundamentals.
36/100 · legacy band WATCHLIST
Positive drivers
- Growth contributes 22/25 to the score.
- Balance sheet contributes 5/15 to the score.
- Quality contributes 5/20 to the score.
Main drags
- Altman Z is 1.5, in distress territory.
- Fair-value margin of safety is negative at -108.2%.
- Valuation is weaker at 0/30; verify the latest quarterly trend.
Sector valuation model
Insurance valuation: embedded value and VNB quality
Insurance economics depend on long-duration book value and new-business profitability.
Primary lens
P/embedded value where available, plus VNB growth and margin.
Secondary checks
Persistency, product mix, solvency, distribution strength.
Main risk check
Accounting profit is less useful than embedded value quality.
PE
53.4
PB
5.6
EV/EBITDA
233.6
ROE
12.2%
ROCE
13.1%
FCF Yield
—
Debt/Equity
0.1
MoS
-108.2%
Score movement
Stored run vs live recompute
This shows the stored score trend when snapshots exist, and also compares the latest stored nightly score with a live recompute from current fundamentals and price.
Stored run: 21 Oct 2026
v4.3-runtime-valuation
Final score
36
Previous: 36
Legacy U-Score band
WATCHLIST
Previous: WATCHLIST
Margin of safety
-108.2%
Previous: -111.5%
Score history
12 stored score snapshots. Latest stored move: +0 points.
21 Oct 2026
v4.3-runtime-valuation
37
37
37
37
36
36
36
36
36
36
36
36
Factor attribution
No pillar movement versus the latest stored run. Historical score trend will appear after snapshot storage is enabled.
Modelled fair value
Graham Number
₹77.74
-263.9% MoS
Growth-justified P/E
25.5
Growth-justified Value
₹135.92
-108.2% MoS
PEG
0.74
Comparable companies
Peers
Business-comparable peers in Financial Services — ranked by industry, sub-sector, theme-tag overlap, market cap, and U-Score similarity. Green cells mark the best available peer metric in this table.
Ticker
Name
Why peer
Score
PE
ROE
MoS
Verdict
ICICIGI
Mid
ICICI Lombard General Insurance Company Limited
Insurance
match 140
37
32.3
16.6%
-5%
WATCHLIST
CANHLIFE
Large
Canara HSBC Life Insurance Company Limited
Insurance
match 134
20
95.7
8.1%
-545%
OVERVALUED
MANAPPURAM
Small
Manappuram Finance Limited
Insurance
match 131
21
21.0
7.0%
-510%
OVERVALUED
NIVABUPA
Large
Niva Bupa Health Insurance Company Limited
Insurance
match 131
27
82.2
3.5%
-215%
OVERVALUED
STARHEALTH
Small
Star Health and Allied Insurance Company Limited
Insurance
match 128
32
37.8
7.6%
-48%
WATCHLIST
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business and thesis
Where growth can come from, and what can break the case
Thesis under stressReviewed 2026-07-24T03:42:45.430Z
Management commentary snapshot
Q1 FY27 saw a decline in Gross Written Premium (-8.4% YoY) and Profit After Tax (-5.0% YoY), despite Net Earned Premium growing 7.6%. The Combined Ratio worsened to 107.2% from 104.6% YoY. Solvency remained strong at 2.43x, and Assets Under Management grew 14.2% YoY.
Management stated a focus on profitability discipline over growth in a soft market. However, the decline in GWP and PAT, coupled with a worsening Combined Ratio, suggests challenges in executing this strategy effectively or that market conditions are more severe than anticipated, impacting underwriting profitability.
Current business mix
GDPI Mix by Segment (Q1 2027)
Latest issuer-disclosed distribution across 5 reported categories.
Motor – OD21.4%
Motor – TP38.8%
Health, Travel & PA23.8%
Fire6.8%
Others9.2%
Growth engines
High-quality customer experience
The company lists high-quality customer experience as a business strength.
Predictive underwriting models
The company highlights its predictive underwriting models as a key business strength.
Focus on empowering distribution partners
The company emphasizes its focus on empowering distribution partners as a business strength.
Advanced technology platform
An advanced technology platform is identified as a core business strength.
Tailwinds
Expanding Asset Base
The company's expanding asset base is driving higher investment returns.
Strong Solvency
The company's solvency ratio remains strong at 2.43x, well above the regulatory minimum.
Headwinds
Soft Market Conditions
Management noted operating in a 'soft market', influencing their strategy of prioritizing profitability discipline over growth.
Risk radar
Regulatory Changes
Forward-looking statements are subject to risks from regulatory changes pertaining to the industry and the company's ability to respond.
Competition
Actual results may differ due to changes in competition in the industry in which the company operates.
Market Risks
The company is exposed to market risks, general economic and political conditions in India and globally.
Management accountability
What management said, and what results must prove
Issuer guidance and extracted claims are tracked against later reported outcomes. Treat these as management statements, not IndiaPulse forecasts.
Analyst reading lens
Compare YOY
The document explicitly provides Q1 FY27 data compared to Q1 FY26, which is a year-on-year comparison. This is suitable for assessing performance trends in a general insurance business, which can have seasonal elements or longer-term trends.
Sector KPIs management disclosed
Net Earned Premium Growth
In Q1 2027, Net Earned Premium grew 7.6% YoY to ₹ 2,007 cr from ₹ 1,865 cr in Q1 2026.
Gross Written Premium Growth
In Q1 2027, Gross Written Premium de-grew 8.4% YoY to ₹ 2,731 cr from ₹ 2,982 cr in Q1 2026.
Combined Ratio (with DAC)
Combined Ratio on NEP with DAC for Q1 2027 was 107.2%, compared to 104.6% in Q1 2026, indicating worsening underwriting profitability.
Loss Ratio
Loss Ratio increased to 73.3% in Q1 FY27 from 70.3% in Q1 FY26.
Management forward view
Profitability Discipline
Management stated a strategic focus on 'Profitability Discipline Over Growth in a Soft Market' for the quarter.
Ind AS Adoption
Digit is the first multi-line insurer to declare results as per Ind AS standards, as prescribed by IRDAI.
Thesis monitor
Numbers and claims to verify in the next filings
| Checkpoint | Current evidence | What to verify next |
|---|---|---|
| Gross Written Premium (GWP) Growth | -8.4% YoY (Q1 FY27) | Reversal of negative growth trend and alignment with industry growth. |
| Combined Ratio | 107.2% (Q1 FY27) | Improvement towards underwriting profitability (below 100%) to demonstrate effective 'profitability discipline'. |
| Profit After Tax (PAT) Growth | -5.0% YoY (Q1 FY27) | Return to positive growth, indicating successful execution of profitability strategy. |
| Solvency Ratio | 2.43x (Q1 FY27) | Maintenance above regulatory minimum and stability, reflecting capital adequacy. |
Verification checkpoints are IndiaPulse research interpretation, not investment advice.
Trust Score
63Limited evidence · low confidenceTrust Lite
Trust asks: does management behaviour match later outcomes? Higher is better, but confidence and evidence depth matter as much as the number.
Limited evidence: Claim history is still being built. It ranks around the 38th percentile of the scored universe and 55th percentile within Financial Services. Main check: cash conversion is weak at 43/100.
This is a financial-behaviour screen, not a claim-tested management reliability verdict.
Computed 21 Oct 2026
management-trust-v1
55 docs text-extracted · 18 concalls text-extracted
Score band
Limited evidence
Financial behaviour is scored, but management claims do not yet have enough outcome checks.
Relative rank
38th percentile
overall median 67 · Financial Services: 55th pctile, median 62 · Large: 19th pctile, median 73
Evidence depth
Financial-only
55 documents have extracted text, but claim history is not strong enough yet.
Claim delivery
Outcome history still building
0 claims extracted · No contradicted claim yet
How to read this Trust Score
Limited evidence · low confidenceWhat it measures
Reliability of management and financial delivery, using financial behaviour only.
Confidence
Treat this as an early read until more concalls and outcomes are matched.
Investor use
Acceptable, but check the weakest sub-score before increasing exposure.
Read Trust alongside U-Score, result consistency, and technical trend. A cheap stock with weak Trust needs a larger margin of safety; a high Trust score does not make an expensive stock attractive by itself.
Forensic breakdown
Read low sub-scores as due-diligence warnings, not automatic sell signals.
Promoter
86
strong · holding, pledge, alignment
Cash flow
43
weak · profit to cash conversion
Balance sheet
62
acceptable · leverage and solvency
Discipline
68
acceptable · capital discipline
Results
62
acceptable · quarterly consistency
Trust positives
- ▸Promoter holding is 73%.
- ▸Promoter pledge is zero.
- ▸Debt/equity is 0.08.
- ▸4/4 latest quarters had positive YoY revenue growth.
Trust risks
- ▸Altman Z is 1.48.
- ▸Only 0 years of positive FCF.
- ▸1 of the latest 4 quarters had PAT decline worse than 25% YoY.
- ▸OPM spread across recent quarters is 18%.
Trust Lite uses financial behaviour only. Prefer claim-tested Trust when enough concall claims have later outcomes.
Continue researching Go Digit General Insurance Limited
Important announcements & filings
Latest exchange and company disclosures found within the past two years.
Open source ↗
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 30 Sep - Newspaper Publication regarding the Notice convening meeting of Equity shareholders of the Company pursuant to order of the Hon''ble NCLT - Chhatrapati Sambhajinagar edition
Source: Bse
AnnouncementSep 2026
Sep 2026 · Announcement under Regulation 30 (LODR)-Resignation of Director 10 Sep - Mr. Giridhar Aramane resigned as Independent Director of Go Digit effective 10 September 2026.
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 29 Sep - Newspaper Publication regarding the Notice convening meeting of Equity shareholders of the Company pursuant to order of the Hon''ble NCLT
Source: Bse
Credit rating
Announcement under Regulation 30 (LODR)-Credit Rating 24 Sep - CRISIL reaffirmed Go Digit’s AA- corporate credit rating with Rating Watch Developing Implications.
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Scheme of Arrangement 23 Sep - IRDAI advised revising amalgamation scheme to cite Section 35; revised scheme filed, no material change.
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Scheme of Arrangement 1 Sep - CCI detailed approval received for amalgamation of Go Digit Infoworks Services with Go Digit General Insurance.
Source: Bse
AnnouncementAug 2026
Aug 2026 · Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 21 Aug - Go Digit to hold analyst/institutional investor physical meet in Mumbai on 28 August 2026, 12 noon-7 pm.
Source: Bse
AnnouncementAug 2026
Aug 2026 · Announcement under Regulation 30 (LODR)-Meeting Updates 18 Aug - 10th AGM held on 18 Aug 2026; audited FY26 accounts adopted, Gopalakrishnan Soundarajan reappointed.
Source: Bse
AnnouncementAug 2026
Aug 2026 · Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 11 Aug - Go Digit to host analyst/institutional investor meet on 14 August 2026 in Mumbai.
Source: Bse
Annual reportAug 2026
Aug 2026 · Business Responsibility and Sustainability Reporting (BRSR) 14 Jul - 10th AGM on August 6, 2026; FY2025-26 annual report issued with e-voting details.
Source: Bse
Annual reportAug 2026
Aug 2026 · Notice Of Annual General Meeting Scheduled On 6Th August 2026 1d - 10th AGM on August 6, 2026; FY2025-26 annual report and e-voting details shared.
Source: Bse
All information is for study purposes only. For investment decisions, consult your financial advisor. See Playbook for methodology.