Go Digit General Insurance Limited · NSE:GODIGIT
Go Digit General Insurance — Q3 FY2025 Earnings Presentation
21 slides from Go Digit General Insurance's earnings presentation, Jan 23, 2025
Slide 1: Intimation under Regulation 30 - Press Release and Investor Presentation
Date: 22nd January 2025 To, To, BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, C-1, Block G Bandra Kurla Complex, Dalal Street, Fort, Mumbai – 400 001 Bandra (East), Mumbai – 400 051 BSE Scrip Code: 544179 NSE Symbol: GODIGIT Dear Sir/Madam, Subject:
Slide 2: Go Digit Q3 PAT jumps 2.8 times to ₹119 crore, 9M PAT jumps 2.4 times
Go Digit Q3 PAT jumps 2.8 times to ₹ 119 crore, 9M PAT jumps 2.4 times to ₹ 309 crore Particulars 9M 2024 9M 2025 Q3 2024 Q3 2025 Gross Written Premium (Cr) 6,680 7,706 2,428 2,677 Retention Ratio (%) 84.3 80.4 87.9 83.8 Profit After Tax (Cr) 129 309 43 119 Assets Under Management (Cr) 14,909 18,939
Slide 3: Making insurance simple
Making insurance simple Value Statements Question the status quo Be Transparent Results for the Quarter ended December 31, 2024 1 PRIVATE AND CONFIDENTIAL
Slide 4: Disclaimer
Disclaimer: This investor presentation may contain certain words or phrases in writing or otherwise which are not statements of historical facts and may be described as “forward-looking statements”. These forward-looking statements generally can be identified by words or phrases such as “aim”, “anti
Slide 5: Business Strengths
Business Strengths High-quality Focus on Predictive Advanced A nimble customer empowering underwriting technology organization with experience distribution models platform a skilled and partners experienced management team 3 PRIVATE AND CONFIDENTIAL
Slide 6: The Numbers
The Numbers: Gross Written Premium (1) Market Share (%) (1,2) Diverse product portfolio (3) ₹7,706 cr 3.3 / 6.1 82 Market share for Total / Motor Active products launched since insurance 2017 0.9 cr policies sold (1) Partner network (3) Digitally enabled claims (3) 6.2 cr 26.2 Lacs 69,527 Customers
Slide 7: Key Performance Indicators [IGAAP]
Key Performance Indicators [IGAAP] ₹ cr Particulars FY2023 FY2024 9M 2024 9M 2025 Q3 2024 Q3 2025 Gross Written Premium 7,243 9,016 6,680 7,706* 2,428 2,677* Net Earned Premium 5,164 7,096 5,115 5,799 1,982 2,084 Net retention Ratio (%) 81.6 85.8 84.3 80.4 87.9 83.8 Loss Ratio (%) 67.2 70.3 69.6 71.
Slide 8: GWP Growth
GWP Growth GWP ₹ cr ₹ cr GWP 2,677 9,016 7,706 7,243 6,680 2,428 FY 2023 FY 2024 9M 2024 9M 2025 Q3 2024 Q3 2025 GWP Industry GWP Mix (%) GWP Growth (%) Industry Growth (%) (1) GWP Mix (%) Growth (%) Growth (%) (1) GWP FY 2023 FY 2024 9M 2024 9M 2025 FY 2024 9M 2025 FY 2024 9M 2025 Q3 2024 Q3 2025 Q
Slide 9: Results: Combined Ratio & Profit after tax
Results: Combined Ratio & Profit after tax Without 1/n Without 1/n Combined Ratio % (1) basis basis Profit after Tax Combined Combined Ratio is 108.2 Ratio is 107.2 & & Expense Expense Ratio Ratio is 36.8 110.3 is 34.3 ₹ cr 108.7 108.7 108.5 108.1 107.4 309 67.2 70.3 69.6 71.4 74.5 72.9 182 129 119
Slide 10: Growing Assets Under Management base leading to higher investment income
Growing Assets Under Management base leading to higher investment income Assets under management Investment Income & Yield Investment Yield % Without capital ₹ cr loss of ₹ 2 cr ₹ cr Investment Leverage 7.3 yield is 5.42 • Times(AUM multiple to Net-worth) 5.41* Without capital *Not annualised Total
Slide 11: Investment Asset Allocation (%)
Investment Asset Allocation (%) Rating Wise Exposure Sector Wise Exposure FY 2023 FY 2024 H1 2025 9M 2025 FY 2023 FY 2024 H1 2025 9M 2025 Equity 1.2 1.6 2.4 2.9 Others 0.9 1.1 1.7 2.4 Reverse Repo 1.4 1.0 0.9 0.6 Money Market 2.0 0.8 0.9 0.6 AT1 Bonds 3.3 10.3 10.8 11.6 Banking and AA- & equivalent
Slide 12: Loss Ratios (%)
Loss Ratios (%) Particulars FY2023 FY 2024 9M 2024 9M 2025 Q3 2024 Q3 2025 Motor OD 69 66 65 67 64 69 Motor TP 69 60 61 66 61 65 Health,Travel,PA 72 94 93 83 106 83 Fire 38 86 96 62 103 63 Marine 91 80 91 42 113 21 Engineering 88 130 165 132 252 188 Other 56 80 76 86 89 91 Total 67 70 70 71 74 73 10
Slide 13: Leveraging Technology
Leveraging Technology In-house built AI-ML microsystems that we expect will become more efficient over time and support future growth We developed bots for our various partners and functions to automate 56.9% of our policies were issued via APIs in FY2025. Cumulatively 5.1 cr repetitive tasks polici
Slide 14: Thank You
Thank You 12 PRIVATE AND CONFIDENTIAL
Slide 15: Additional Information
Additional Information 13 PRIVATE AND CONFIDENTIAL
Slide 16: IFRS Earning
IFRS Earning ₹ cr FY 2023-24 9M 2024-25 Particulars (Audited) (Unaudited) Profit after tax as per IGAAP 182 309 Networth [Equity] as per IGAAP 2,515 3,924 Return on Average Equity [IGAAP] (%) 7.5 9.6* Leases and security deposit [IFRS 16 & 9] -3 6 Deferred acquisition cost [IFRS 17] 251 141 Unrealis
Slide 17: Reserving Triangle Disclosure: Whole Account
Reserving Triangle Disclosure: Whole Account Incurred Losses and Allocated Expenses (Ultimate Movement) ₹ cr YE 31-Mar- YE 31-Mar- YE 31-Mar- YE 31-Mar- YE 31-Mar- YE 31-Mar- YE 31-Mar- Particulars (As at 31st March 2024) 2018 2019 2020 2021 2022 2023 2024 End of First Year (Original Estimate) 6.9 3
Slide 18: Reserving Triangle Disclosure: Motor TP
Reserving Triangle Disclosure: Motor TP Incurred Losses and Allocated Expenses (Ultimate Movement) ₹ cr YE 31-Mar- YE 31-Mar- YE 31-Mar- YE 31-Mar- YE 31-Mar- YE 31-Mar- YE 31-Mar- Particulars (As at 31st March 2024) 2018 2019 2020 2021 2022 2023 2024 End of First Year (Original Estimate) 5.1 204.4
Slide 19: Reserving Triangle Disclosure: Whole Account excluding Motor TP
Reserving Triangle Disclosure: Whole Account excluding Motor TP Incurred Losses and Allocated Expenses (Ultimate Movement) ₹ cr YE 31-Mar- YE 31-Mar- YE 31-Mar- YE 31-Mar- YE 31-Mar- YE 31-Mar- YE 31-Mar- Particulars (As at 31st March 2024) 2018 2019 2020 2021 2022 2023 2024 End of First Year (Origi
Slide 20: Go Digit Gross Direct Premium and Industry Gross Direct Premium
Go Digit Gross Direct Premium ₹ cr 7,941 6,491 6,160 29% 5,971 9% 3% 2,046 2,115 FY 2023 FY 2024 9M 2024 9M 2025 Q3 2024 Q3 2025 Industry Gross Direct Premium ₹ cr 2,89,738 2,56,894 13% 2,30,202 2,13,477 8% 69,679 76,291 9%* FY 2023 FY 2024 9M 2024 9M 2025 Q3 2024 Q3 2025 *Note: Industry growth for
Slide 21: Glossary
Glossary Abbreviations Full Form FY Financial Year Q Quarter OD Own Damage TP Third Party Lacs Lakhs Cr Crore PA Personal Accident API Application Programming Interface GWP Gross Written Premium GDP Gross Direct Premium CY Current Year PY Previous Year AI-ML Artificial Intelligence - Machine Learnin
Go Digit General Insurance — Q3 FY2025 Earnings Presentation on 6ix