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GODIGIT - Fundamental Analysis: Financial Health & Valuation

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Rating: 3.7

Last Updated Time : 19 Mar 26, 07:10 pm

Fundamental Rating: 3.7

Stock Code GODIGIT Market Cap 30,383 Cr. Current Price 328 ₹ High / Low 381 ₹
Stock P/E 59.5 Book Value 50.1 ₹ Dividend Yield 0.00 % ROCE 10.8 %
ROE 11.9 % Face Value 10.0 ₹ DMA 50 333 ₹ DMA 200 338 ₹
Chg in FII Hold -0.22 % Chg in DII Hold 0.22 % PAT Qtr 140 Cr. PAT Prev Qtr 117 Cr.
RSI 46.8 MACD 1.01 Volume 1,56,876 Avg Vol 1Wk 3,43,648
Low price 265 ₹ High price 381 ₹ PEG Ratio 1.18 Debt to equity 0.08
52w Index 54.6 % Qtr Profit Var 18.2 % EPS 5.53 ₹ Industry PE 33.4

📊 Core Financials

  • Quarterly PAT increased from ₹117 Cr. to ₹140 Cr., showing steady growth.
  • ROCE at 10.8% and ROE at 11.9% → moderate efficiency.
  • Debt-to-equity ratio of 0.08 → low leverage.
  • Cash flows supported by insurance premium growth and expanding customer base.

💹 Valuation Indicators

  • P/E Ratio: 59.5 vs Industry PE of 33.4 → trading at a premium.
  • P/B Ratio: ~6.5x (₹328 / ₹50.1) → high valuation relative to book value.
  • PEG Ratio: 1.18 → fair valuation considering growth prospects.
  • Intrinsic Value: Current price above fair zone, reflecting optimism in digital insurance growth.

🏢 Business Model & Competitive Advantage

  • Digital-first insurance company leveraging technology for customer acquisition.
  • Strong brand positioning in online insurance space.
  • Focus on efficiency and customer-centric products provides competitive edge.

📈 Technical & Entry Zone

  • Current Price: ₹328, near 50 DMA (₹333) and 200 DMA (₹338).
  • RSI: 46.8 → neutral zone.
  • MACD: 1.01 → mild bullish momentum.
  • Entry Zone: Attractive accumulation between ₹300–₹315.
  • Long-Term Holding: Suitable for investors with 3–5 year horizon, given digital insurance growth potential.

✅ Positive

  • Low debt levels.
  • Steady quarterly profit growth of 18.2%.
  • DII holdings increased by 0.22%, showing institutional support.

⚠️ Limitation

  • High P/E and P/B ratios reflect expensive valuation.
  • Moderate ROE and ROCE compared to industry leaders.

📉 Company Negative News

  • Decline in FII holdings (-0.22%).
  • Stock corrected from 52-week high of ₹381.

📈 Company Positive News

  • Quarterly PAT growth of 18.2% shows strong momentum.
  • Digital-first model gaining traction in insurance sector.

🏭 Industry

  • Insurance sector supported by rising demand and regulatory backing.
  • Industry PE at 33.4 indicates investor confidence in the sector.

🔎 Conclusion

GODIGIT is a digital-first insurance company with steady growth and low debt, but currently trading at premium valuations.

While efficiency metrics are moderate, its strong brand positioning and sector tailwinds justify long-term holding.

Best accumulated around ₹300–₹315 for investors with a 3–5 year horizon.

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