G

Go Digit General Insurance Ltd
NSE:GODIGIT

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Go Digit General Insurance Ltd
NSE:GODIGIT
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Price: 320.65 INR 1.3%
Market Cap: 295.3B INR
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Net Margin
Go Digit General Insurance Ltd

3%
Current
3%
Average
7.6%
Industry

Net Margin measures how much net income is generated as a percentage of revenues received. It helps investors assess if a company's management is generating enough profit from its sales and whether operating costs and overhead costs are being contained.

Net Margin
3%
=
Net Income
3.7B
/
Revenue
124B

Net Margin Across Competitors

Country IN
Market Cap 291.5B INR
Net Margin
3%
Country US
Market Cap 142.5B USD
Net Margin
11%
Country CH
Market Cap 111.5B USD
Net Margin
18%
Country JP
Market Cap 10.9T JPY
Net Margin
15%
Country US
Market Cap 55.1B USD
Net Margin
10%
Country US
Market Cap 51.8B USD
Net Margin
7%
Country ZA
Market Cap 42B Zac
Net Margin
8%
Country CN
Market Cap 272.6B CNY
Net Margin
5%
Country CN
Market Cap 274B HKD
Net Margin
5%
Country BM
Market Cap 34.9B USD
Net Margin
45%
Country CA
Market Cap 47.8B CAD
Net Margin
10%
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Go Digit General Insurance Ltd
Glance View

Market Cap
295.3B INR
Industry
Insurance

In 2017, Go Digit General Insurance Ltd., often referred to simply as Digit, set out to redefine insurance in India with a philosophy rooted in simplicity and transparency. Conceived by Kamesh Goyal, Digit's mission was to demystify the insurance process, making it straightforward and accessible, even to those in the remotest areas. The company leveraged cutting-edge technology to streamline operations, offering paperless, quick-to-issue policies across a range of insurance products including auto, health, travel, and personal devices. This digital-first approach not only reduced overhead costs but also enhanced customer experience, allowing policyholders to submit claims effortlessly through an app, often resolving them within a fraction of the time traditional methods would take. Digit's profit engine is powered by its ability to attract a diverse clientele across various sectors by offering competitive premiums while keeping the claims process hassle-free. By focusing on the needs of the modern consumer, they've fostered customer trust and loyalty, which in turn fuels their growth. Furthermore, Digit’s partnership strategy has been pivotal. It collaborates with ecosystems of manufacturers, financial institutions, and travel companies to embed its insurance offerings seamlessly into the purchase experience. This integration effectively broadens its distribution channels, bringing in consistent revenue streams through both direct and embedded sales, while its risk assessment models ensure a balanced underwriting practice, stabilizing profitability amidst growth.

GODIGIT Intrinsic Value
160.75 INR
Overvaluation 50%
Intrinsic Value
Price
G

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What is Net Margin?

Net Margin measures how much net income is generated as a percentage of revenues received. It helps investors assess if a company's management is generating enough profit from its sales and whether operating costs and overhead costs are being contained.

Net Margin
3%
=
Net Income
3.7B
/
Revenue
124B
What is the Net Margin of Go Digit General Insurance Ltd?

Based on Go Digit General Insurance Ltd's most recent financial statements, the company has Net Margin of 3%.