Intimation of press release enclosed.
GICRE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 1.5 pts less than Nifty Midcap 150 and 0.5 pts less than its General Insurance peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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GIC Re reported FY2026 results with strong profitability growth. Gross Premium Income grew 6.93% to ₹44,006.74 crore. Profit After Tax surged 25.23% to ₹8,392.18 crore (vs ₹6,701.36 crore), while Profit Before Tax rose 23.13% to ₹10,793.25 crore. The combined ratio improved to 106.02% from 108.81%, and the incurred claims ratio dropped to 85.40% from 88.44%. Underwriting loss was cut by 47.40% to ₹1,763 crore. Solvency ratio strengthened to 4.21 (vs 3.70), well above the regulatory minimum. Net worth (excluding fair value changes) rose to ₹51,301 crore from ₹43,107 crore. Consolidated PAT including subsidiaries reached ₹9,662 crore. International business comprised 25% of total premium at ₹11,028 crore with 5.11% growth.
GIC Re delivered robust bottom-line growth with PAT up 25% and improved underwriting performance. The strong solvency ratio and reduced combined ratio indicate better operational efficiency and financial stability. Shareholders can expect positive sentiment given the doubledigit profit growth and strengthened balance sheet.