Future Generali India Insurance Company Ltd

Future Generali India Insurance Company Ltd

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OVERVIEW
FINANCIALS
NEWS

About

Future Generali India Insurance Company (FGII) was established on October 30, 2006. The company is a joint venture between the Future Group and Generali Group. FGII is headquartered in Mumbai. The company is spearheaded by Anup Rau, Managing Director & CEO. FGII provides a wide range of insurance solutions, including retail, commercial, personal, and rural insurance, catering to both individuals and corporate clients. The company has a strong market presence, serving 3,900+ corporate clients, with a network of over 36,802 individual agents and 150+ branches across India. Generali Group holds a 74% majority stake in the business, reinforcing its global expertise in insurance. A significant milestone for FGII was breaking even within just six years, achieving financial stability in FY 2013-14.

Incorporation Year: 2006
Headquarters: Mumbai
Top Management: Anup Rau, Managing Director & CEO.
Industry: Insurance

Featured In Fortune India Ranking

Next 500 India
#16(2024)#171(2024)
#16(2024)#171(2024)
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Financial Data 2024

Revenue
3,971
(INR Cr)
Net Operating Income
3,970
(INR Cr)
Assets
1,993
(INR Cr)
Profit
133
(INR Cr)
Net Worth
1,476
(INR Cr)

Fortune India Coverage

Financial Data

RevenueNet Operating IncomeProfitAssetsNet Worth
PARAMETERS2024202320222021202020192016201520142013201220112009
Revenue
(INR Cr)
3971
18.8%
3343
10.0%
3040
9.7%
2771
18.6%
2335
26.3%
1850
43.9%
1286
1.9%
1262
23.2%
1024
21.4%
844
42.5%
592
60.7%
368
385.8%
76
-
Net Operating Income
(INR Cr)
3970
24.72%
3183
10.29%
2886
4.15%
2771
39.83%
1982
25.84%
1575
0.00%
1081
0.21%
1079
21.55%
888
20.26%
738
41.92%
520
58.42%
328
0.00%
56
-4,316.54%
Profit
(INR Cr)
133
25.5%
106
-11.0%
119
-11.1%
134
34.8%
100
-15.5%
118
-
-5
-
60
52.2%
40
-
-20
-
-51
-
-90
-
-85
-
Assets
(INR Cr)
1993
25.1%
1593
26.0%
1264
11.1%
1138
16.0%
981
25.4%
782
74.8%
448
-1.9%
456
15.6%
395
11.2%
355
27.1%
279
30.8%
214
128.7%
93
-
Net Worth
(INR Cr)
1476
9.9%
1343
6.3%
1264
13.1%
1118
11.3%
1004
27.2%
789
0.0%
448
-1.9%
456
15.6%
395
11.2%
355
27.1%
279
30.8%
214
0.0%
93
-28.5%
Employee Cost
(INR Cr)
255
-28.8%
358
12.7%
318
12.2%
284
30.8%
217
37.4%
158
36.8%
115
12.0%
103
7.5%
96
16.7%
82
0.5%
82
23.4%
66
85.3%
36
-
Interest Cost
(INR Cr)
0006541111110
Cash & Bank Balance
(INR Cr)
330117731302146462473826492021
Total Debt
(INR Cr)
51724600000000000

Key Financial Ratios

Profit As % Of RevenuesRONW %Interest Cost to EBITDA %ROCE %Debt to Equity Ratio
PARAMETERS2024202320222021202020192016201520142013201220112009
Profit As % Of Revenues 3.4%3.2%3.9%4.8%4.3%6.4%-4.8%3.9%----
Profit As % Of Assets 6.7%6.7%9.4%11.8%10.2%15.1%-13.2%10.0%----
Profit As % Of Networth 9.0%7.9%9.4%12.0%9.9%14.9%-13.2%10.0%----
Interest Cost to EBITDA % -------------
Debt to Equity Ratio -------------
RONW 9.5%8.2%10.0%12.7%11.0%14.5%-8.5%7.4%----
ROCE 10.0%10.0%13.4%17.6%19.9%13.3%0.0%8.6%7.6%0.0%0.0%0.0%0.0%