Transcript of Earnings call held on 28th April 2026 for performance review of the Company for the quarter and financial year ended 31st March 2026

Go Digit General Insurance reported FY2026 gross written premium of ~INR 11,300 crores with 16.2% GDPI growth for the full year and 21.3% in Q4. The company transitioned to new Indian Accounting Standards (Ind AS, IFRS-based) effective 1 April 2026, with results audited under the new framework. Profit after tax for Q4 FY26 came in at INR 179 crores (vs INR 106 crores YoY), with full-year ROE at 17.7% on IGAAP net worth of ~INR 4,600 crores. The combined ratio improved by 1.2% YoY to 105.7%. AUM grew 16.3% YoY to ~INR 23,000 crores and solvency ratio strengthened to 2.42x. The company expanded its reinsurance treaty capacity in fire and engineering, and plans to develop new niche commercial lines targeting ~INR 1,000 crores premium over 3-5 years. Motor OD loss ratio corrective actions were taken from Q3, with improvement expected in H2 FY27. Management flagged that high EOM (expense of management) is primarily a line-of-business mix issue, and anticipates regulatory intervention on acquisition costs given government and RBI have publicly flagged rising insurance costs.