HDFC Ergo General Insurance Unlisted Shares - Company Overview
HDFC Ergo General Insurance Company Limited, established on December 27, 2007, is registered at the Registrar of Companies, Mumbai.
Promoted by HDFC Ltd., ERGO International AG, and Munich Health Holding AG, HDFC ERGO, one of the largest Private General Insurance companies, offers general insurance products like Motor, Health, Travel, Home, and Personal Accident for retail and customized products like Property, Marine and Liability Insurance for corporate through its large network.
HDFC Ergo Unlisted Share Details as of March 31, 2025
HDFC Ergo General Insurance Outstanding Shares: |
7,25,82,90,06 |
Face Value of HDFC Ergo General Insurance Unlisted Share: |
Rs. 10 Per Equity Share |
ISIN of HDFC Ergo General Insurance Unlisted Share: |
INE225R01027 |
Lot Size of HDFC Ergo General Insurance Unlisted Share: |
100 Shares |
HDFC Ergo General Insurance Current Share Price: |
Best in Industry |
PAN Number of HDFC Ergo General Insurance: |
AABCL5045N |
GST Number of HDFC Ergo General Insurance: |
27AABCL5045N1Z8 |
HDFC Ergo Incorporation Details
HDFC Ergo General Insurance Ltd CIN Number |
U66030MH2007PLC177117 |
HDFC Ergo General Insurance Registration Date |
27-Dec-07 |
Category / Sub-Category of HDFC Ergo |
Limited by Shares/ Non-govt company |
HDFC Ergo General Insurance Registered Office Address |
HDFC Ergo General Insurance Company Limited, HDFC House, 1st Floor, 165-166, Backbay Reclamation, H. T. Parekh Marg, Churchgate, Mumbai - 400 020. |
HDFC Ergo General Insurance Ltd Registrar & Transfer Agent Address and Contact Details |
KFIN Technologies Limited, Karvy Selenium Tower B, Plot No. 31 & 32, Gachibowli, Financial District, Nanakramguda, Serlingampally, Hyderabad - 500032 |
HDFC Ergo General Insurance Company Limited Particulars of Holding, Subsidiary & Associate Companies
| S. No. | Name Of The Company | Category | %Of Shares Held |
| 1. | Housing development finance corporation limited | Holding | 50.49% |
HDFC Ergo General Insurance Company Limited Board of Directors
| S. No. | Name of the Directors | Category |
| 1. | Mr. Sanjib Chaudhari | Independent Director |
| 2. | Mr. Keki M. Mistry | Chairman |
| 3. | Ms. Renu Sud Karnad | Non-Executive Director |
| 4. | Dr. Oliver Martin Willmes | Non-Executive Director |
| 5. | Dr. Clemens Matthias Muth | Non-Executive Director |
| 6. | Mr. Bernhard Steinruecke | Independent Director |
| 7. | Mr. Mehernosh B. Kapadia | Independent Director |
| 8. | Mr. Arvind Mahajan | Independent Director |
| 9. | Mr. Ameet P. Hariani | Independent Director |
| 10. | Mr. Samir H. Shah | Executive Director & CFO |
| 11. | Mr. Anuj Tyagi | Deputy Managing Director |
| 12. | Mr. Ritesh Kumar | Managing Director and Chief Executive Officer |
| 13. | Mr. Vinay Sanghi | Independent Director |
| 14. | Dr. Rajgopal Thirumalai | Independent Director |
HDFC Ergo General Insurance Company Limited Shareholding Pattern (As of 31-03-2025)
| Category | No. of Shares | % of Shares held |
| Promoters | 72,41,69,709 | 99.77% |
| Others | 16,59,297 | 0.23% |
| Total | 72,58,29,006 | 100.00% |
HDFC ERGO General Insurance Company Limited Standalone Balance Sheet (Rs in Lakhs)
| Particulars | 31-03-2025 | 31-03-2024 |
| Sources Of Funds | ||
| Share capital | 72,583 | 71,497 |
| Reserves and surplus | 4,43,686 | 3,43,735 |
| Fair value change account: | ||
| Shareholders | 785 | 5,610 |
| Policyholders | 3,103 | 23,962 |
| Borrowings | 1,40,000 | 1,07,500 |
| Total | 6,60,157 | 5,52,304 |
| Application Of Funds | ||
| Investments - shareholders | 5,52,219 | 4,88,732 |
| Investments - policyholders | 21,85,124 | 20,87,455 |
| Fixed assets | 52,545 | 45,153 |
| Deferred Tax Asset (Net) | 2,769 | 4,098 |
| Current Assets | ||
| Cash and Bank Balances | 18,018 | 28,860 |
| Advances and Other Assets | 3,24,710 | 2,52,893 |
| Current liabilities | 20,33,232 | 17,26,659 |
| Provisions | 4,41,996 | 6,28,228 |
| Net current assets | -21,32,500 | -20,73,134 |
| Total | 6,60,157 | 5,52,304 |
HDFC ERGO General Insurance Company Limited Standalone Profit & Loss Statement (Rs in Lakhs)
| Particulars | 31-03-2025 | 31-03-2024 |
| Operating profit / (loss) | ||
| Fire insurance | 17,191 | 10,079 |
| Marine insurance | 740 | -13 |
| Miscellaneous insurance | 14,241 | 18,397 |
| Income from investments | ||
| Interest, dividend & rent - gross | 36,904 | 30,359 |
| Profit on sale of investments | 6,549 | 9,180 |
| Loss on sale/ redemption of investments | -267 | -76 |
| Amortization of Premium / Discount on Investment | -891 | -975 |
| Total | 74,467 | 66,951 |
| Provisions (Other Than Taxation) | ||
| For diminution in the value of investments | -4,721 | -1,169 |
| For doubtful debts | 1,348 | 213 |
| Other Expenses | ||
| Bad debts written off | 28 | 84 |
| Interest on Subordinated Debt | 8,420 | 7,437 |
| Expenses towards CSR activities | 1,374 | 1,529 |
| Contribution to Policyholders ' A/c - | ||
| Towards Remuneration of MD/CEO/WTD/Other KMPs | 417 | 829 |
| Others : | ||
| Remuneration to directors and others | 271 | 141 |
| Debenture issuance expenses | 91 | 50 |
| Bad & Doubtful Investments written off | 846 | - |
| Total | 8,074 | 9,116 |
| Profit/(loss) before tax | 66,393 | 57,835 |
| Current Tax | 15,047 | 12,935 |
| Deferred Tax | 1,329 | 1,133 |
| Profit/(Loss) After Tax | 50,017 | 43,767 |
| Appropriations | ||
| Interim Dividends paid during the year | 14,517 | 25,015 |
| Balance of Profit/(Loss) brought forward from previous year | 1,63,758 | 1,45,006 |
| Balance carried forward to Balance sheet | 1,99,258 | 1,63,758 |
| Earnings per share | ||
| Basic | 6.94 | 6.12 |
| Diluted | 6.93 | 6.11 |
HDFC ERGO General Insurance Company Limited Standalone Cash Flow Statement (Rs in Lakhs)
| Particulars | 31-03-2025 | 31-03-2024 |
| Cash flow from operating activities | ||
| Premium received from policyholders, including advance receipts | 19,43,677 | 21,46,096 |
| Other receipts/(payments) | ||
| Payments to re-insurers, net of commission and claims | -3,01,060 | -3,64,017 |
| Receipts from co-insurers, net of claims recovery | -1,670 | -6,429 |
| Payments of claims | -11,47,221 | -10,67,763 |
| Payments of commission and brokerage | -2,91,445 | -2,70,860 |
| Payments of other operating expenses | -1,84,190 | -1,77,306 |
| Deposits, advances and staff loans | -6,500 | -2,564 |
| Income taxes paid (Net) | -16,645 | -20,744 |
| GST paid | -85,569 | -90,777 |
| Net Cash Flow from Operating Activities | -90,623 | 1,45,635 |
| Cash flow from investing activities | ||
| Purchase of fixed assets | -19,471 | -17,493 |
| Proceeds from sale of fixed assets | 284 | 224 |
| Purchase of investments | -14,38,052 | -13,95,453 |
| Sale of investments | 11,83,821 | 11,49,655 |
| Rent / Interest / Dividend received | 1,81,567 | 1,50,072 |
| Investments in money market instruments and liquid mutual funds (Net) | 96,514 | -33,004 |
| Net Cash flow from /(Used in) Investing Activities | 4,663 | -1,46,000 |
| Cash flow from Financing Activities | ||
| Proceeds from issuance of share capital /Application money (Including share premium) | 65,537 | 4,854 |
| Repayments of borrowing | - | 7,400 |
| Proceeds from issuance of borrowing | 32,500 | 32,000 |
| Interest/Dividends Paid | -8,386 | -6,777 |
| Dividend paid (Including dividend distribution tax) | -14,517 | -25,015 |
| Net Cash (Used in)/ Flow from Financing Activities | 75,134 | -2,338 |
| Effect of foreign exchange rates on cash and cash equivalents (Net) | -16 | -11 |
| Net increase /(decrease) in cash and cash equivalents | -10,842 | -2,713 |
| Cash & cash equivalents at the beginning of the year | 28,712 | 31,425 |
| Cash & cash equivalents at the end of the year | 17,870 | 28,712 |
Here is a summary of the Cash Flow Statement for the years 2025 and 2024:
Operating Activities:
In FY 2025, the company reported a net outflow of ₹90,623 lakhs from operations, a sharp decline from the inflow of ₹1,45,635 lakhs in FY 2024. While premium collections remained strong, higher claim payments, commissions, and GST outflows led to negative cash flow. This indicates rising costs or increased claim ratios affecting operational efficiency.
Investing Activities:
Investing activities saw a small inflow of ₹4,663 lakhs in FY 2025, compared to a large outflow of ₹1,46,000 lakhs in FY 2024. This improvement was driven by net gains from mutual funds and higher investment income, despite continued large investments in securities and fixed assets.
Financing Activities:
Financing activities yielded a net inflow of ₹75,134 lakhs in FY 2025, reversing the outflow of ₹2,338 lakhs in FY 2024. The inflow came from fresh equity and borrowings, offsetting dividend and interest payments. This likely helped the company manage liquidity amidst declining operational cash flows.
Net Cash Flow and Cash Position:
Overall, the company saw a net cash outflow of ₹10,842 lakhs in FY 2025, increasing from ₹2,713 lakhs in FY 2024. Consequently, cash and equivalents declined to ₹17,870 lakhs. The drop reflects weaker operating performance, though partially cushioned by financing support.
Financial Ratios of NCDEX
| Particulars | 2024 | 2023 |
|---|---|---|
| Current Ratio (In times) | 1.6 | 1.5 |
| Debt Service Coverage Ratio (In times) | 2.7 | -8.4 |
| Return on Equity Ratio (in %) | -1% | -11.60% |
| Trade receivables turnover ratio (in times) | 8.8 | 6.4 |
| Trade payables turnover ratio (in times) | 7.8 | 8.1 |
| Net Capital turnover ratio (in times) | 0.8 | 1 |
| Net profit ratio (in %) | -11.60% | -148.10% |
| Return on capital employed (in %) | -2.50% | -15.80% |
| Return of FD Investment (%) | 7% | 5.60% |
| Return on Liquid Mutual Fund (%) | 7% | 5.30% |
| Return on Bond Investments (%) | 7% | 7% |
Here is a summary of the financial and operational metrics for NCDEX for the year 2024 and 2023:
Current Ratio:
The current ratio has improved slightly from 1.5 in 2023 to 1.6 in 2024. This ratio measures the company 's ability to meet its short-term liabilities with its short-term assets. An increase in the current ratio suggests a marginal improvement in liquidity, indicating that the company has a slightly better cushion to cover its current obligations.
Debt Service Coverage Ratio (DSCR):
The Debt Service Coverage Ratio has significantly improved from -8.4 in 2023 to 2.7 in 2024. This ratio assesses the company’s ability to service its debt from its operating income. The negative DSCR in 2023 indicates severe difficulties in meeting debt obligations, while the positive ratio of 2.7 in 2024 suggests that the company is now comfortably covering its debt service requirements
Return on Equity (ROE):
The Return on Equity ratio has improved from -11.60% in 2023 to -1% in 2024. This ratio measures the profitability relative to shareholders ' equity. Although still negative, the improvement indicates that the company 's financial performance has become less adverse.
Trade Receivables Turnover Ratio:
The Trade Receivables Turnover Ratio increased from 6.4 in 2023 to 8.8 in 2024. This ratio indicates how efficiently the company collects its receivables. An increase suggests improved efficiency in managing and collecting accounts receivable.
Trade Payables Turnover Ratio:
The Trade Payables Turnover Ratio decreased from 8.1 in 2023 to 7.8 in 2024. This ratio measures how quickly the company pays its trade payables. A decrease in the ratio implies that the company is taking slightly longer to pay its suppliers.
Net Capital Turnover Ratio:
The Net Capital Turnover Ratio decreased from 1 in 2023 to 0.8 in 2024. This ratio measures how efficiently the company uses its capital to generate sales. A decrease suggests a decline in capital efficiency, meaning the company is generating less revenue per unit of capital employed.
Net Profit Ratio:
The Net Profit Ratio improved from -148.10% in 2023 to -11.60% in 2024. This ratio measures the percentage of revenue that translates into profit. Although still negative, the improvement indicates that the company has significantly reduced its losses relative to revenue.
Return on Capital Employed (ROCE):
The Return on Capital Employed decreased from -15.80% in 2023 to -2.50% in 2024. This ratio evaluates the efficiency of capital use in generating profits. The decrease in the negative ROCE suggests an improvement in the company’s ability to generate returns from its capital investments, though it remains below positive levels.
Return on Fixed Deposit (FD) Investment:
The Return on Fixed Deposit Investments improved from 5.60% in 2023 to 7% in 2024. This ratio reflects the return earned on fixed deposits. The increase indicates that the company has achieved higher returns on its FD investments.
1Return on Liquid Mutual Fund:
The Return on Liquid Mutual Funds improved from 5.30% in 2023 to 7% in 2024. This ratio measures the return earned from liquid mutual fund investments. The improvement reflects better performance or higher returns from these investments, suggesting effective investment strategies in liquid assets.
Return on Bond Investments:
The Return on Bond Investments remained stable at 7% in both 2023 and 2024. This ratio shows the return earned from bond investments. The stability indicates consistent performance from bond investments, reflecting a stable return environment or effective bond portfolio management.
Dividend History
| Particulars | 2024 | 2023 |
|---|---|---|
| Dividend Per Share | - | - |
| Retained Earnings (Rs. In Lakhs) | 5,766 | 3,351 |
A V Thomas International Limited Annual Report 2023-24
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