Go Digit General Insurance Limited has informed the Exchange about Transcript
GODIGIT · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Go Digit reported Q2 FY26 gross written premium of INR 2,667 crores (1/n basis) or INR 2,739 crores (without 1/n), growing 15.6% versus the industry's 10%. Profit after tax rose to INR 117 crores from INR 89 crores, with combined ratio improving to 109.9% (without 1/n) from 112.2% YoY. Motor OD market share hit a record 6.2%, while 2-wheeler now makes up 30% of motor mix, adding INR 117 crores in premium but causing an extra INR 53 crores in losses due to upfront commission accounting. The company disclosed INR 1,708 crores in deferred acquisition cost, of which INR 710 crores is expected to benefit H2 IGAAP profits. Net worth stood at INR 4,290 crores with solvency ratio of 2.26 and AUM of INR 21,345 crores. Management reiterated no forward guidance on combined ratio targets, noting tax rate will rise from 14% to 25% next year.
Positive near-term: combined ratio improvement and highest-ever OD market share suggest operational strength. Watch out: heavy 2-wheeler mix weighs on margins under Indian accounting, and the tax rate doubling in FY27 could pressure reported earnings. The deferred acquisition cost disclosure is favorable as it shows ~INR 710 crores of profit to flow into H2 FY26.