Go Digit Reports Key Financial Metrics for Q1 FY27, Highlighting Profitability Discipline
Go Digit General Insurance Ltd has released its financial results for the quarter ended June 30, 2026 (Q1 FY27). The company continues to operate as a leading digital full stack insurance firm, providing customized products across various non-life segments.The Q1 FY27 results show continued focus on profitability within market conditions described as soft. Furthermore, the company stands out as one of the first multi-line insurers to declare results adhering to Ind AS standards, as prescribed by IRDAI.
Operational and Profitability Highlights
For the quarter ended June 30, 2026 (Q1 FY27), Go Digit reported key operational figures reflective of a focused approach to profitability.| Metric | Q1 FY26 | Q1 FY27 | Change (Notes) |
|---|---|---|---|
| Gross Direct Premium (GDPI) | ₹ 2,507 cr | ₹ 2,447 cr | Down 2.4% |
| Gross Written Premium (GWP) | ₹ 2,982 cr | ₹ 2,731 cr | Down 8.4% |
| Net Earned Premium (NEP) | ₹ 1,865 cr | ₹ 2,007 cr | Up 7.6% |
The company's profitability metrics show the following trends:
- Profit Before Tax (Only with DAC): Stood at ₹ 254 cr in Q1 FY27, compared to ₹ 268 cr in Q1 FY26.
- Profit After Tax (Only with DAC): Was reported at ₹ 190 cr for Q1 FY27, down from ₹ 200 cr in Q1 FY26.
Key Performance Indicators and Ratios
The results reflect the company's performance ratios, which remain within controlled ranges:| Indicator | Q1 FY26 | Q1 FY27 |
|---|---|---|
| Loss Ratio (%) | 70.3% | 73.3% |
| Combined Ratio on NEP with DAC (%) | 104.6% | 107.2% |
| Combined Ratio (Overall) (%) | 102.2% | 104.3% |
| Solvency Ratio | 2.27x | 2.43x |
The solvency ratio of 2.43x as of June 30, 2026, is maintained well above the minimum regulatory requirement of 1.50x.
Financial Stability and Investment Assets
As on June 30, 2026, the assets under management stood at ₹ 23,377 cr at book value, an increase from ₹ 20,468 cr as of June 30, 2025. This represents a growth of 14.2% in assets under management.The company's Net Worth (Equity - IndAS) increased to ₹ 8,183 cr by Q1 FY27, up from ₹ 7,609 cr in FY 2026.
In terms of investment, the unrealized gain on equity portfolio stood at ₹ 268 crore (including AIF and AT1 bonds), with an unrealized gain of ₹ 220 crore reported on other than equity portfolios.
Segmental Mix Analysis
The data provides a detailed breakdown of product segmentation based on Gross Written Premium (GWP):| Segment | Q1 FY26 GDPI (%) | Q1 FY27 GDPI (%) |
|---|---|---|
| Motor - OD | 21.6% | 21.4% |
| Motor TP | 38.8% | 31.1% |
| Fire | 6.8% | -50.1% |
Go Digit maintains a diverse product portfolio, having launched 88 active products since its inception in 2017. The company also operates a large partner network comprising 82,612 individuals.
GODIGIT Stock Price Movement
Shares of Go Digit General Insurance Limited slipped today, settling at ₹280.85 after shedding over 0.76% from previous closing levels. The equity saw a total traded volume of 377,806 shares as the security maintained a tenuous position near its 52-week lows.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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