HDFC Ergo General Insurance Company Ltd

HDFC Ergo General Insurance Company Ltd

Fortune 500 2024
+ 1 More
+ 1 More
OVERVIEW
FINANCIALS

About

HDFC ERGO General Insurance Company is a joint venture between HDFC Ltd., India's leading housing finance institution, and ERGO International AG, the primary insurance entity of the Munich Re Group. The company offers a comprehensive range of general insurance products, including health, motor, travel, and home insurance, serving both retail and corporate customers. HDFC ERGO's extensive distribution network and customer-centric approach have positioned it among India's top general insurers.

Incorporation Year: 2010
Headquarters: Mumbai, Maharashtra, India
Top Management: Ritesh Kumar (Managing Director & CEO)
Industry: Insurance
Website: hdfcergo.com

Featured In Fortune India Ranking

Fortune 500 India
#211(2024)
#224(2023)
#211(2024)#224(2023)
Ranking Trend Fortune 500 India

Financial Data 2024

Revenue
11,616
(INR Cr)
Net Operating Income
11,606
(INR Cr)
Assets
5,523
(INR Cr)
Profit
438
(INR Cr)
Net Worth
4,152
(INR Cr)

Financial Data

RevenueNet Operating IncomeProfitAssetsNet Worth
PARAMETERS2024202320222021202020192018201720162015201420132012201120102009
Revenue
(INR Cr)
11616
23.1%
9437
15.2%
8194
8.4%
7558
41.6%
5336
17.2%
4553
25.2%
3637
197.0%
1224
255.0%
345
41.8%
243
15.5%
211
47.4%
143
143.7%
59
1083.6%
5
-
0
-
0
-
Net Operating Income
(INR Cr)
11606
23.07%
9431
15.51%
8164
8.03%
7558
41.62%
5336
17.66%
4536
51.47%
2995
202.75%
989
232.10%
298
44.48%
206
15.79%
178
48.83%
120
144.67%
49
-
0
0.00%
0
0.00%
0
0.00%
Profit
(INR Cr)
438
-32.9%
653
30.5%
500
-15.5%
592
81.0%
327
-14.6%
383
-5.1%
404
224.5%
124
-
-102
-
-94
-
-100
-
-93
-
-106
-
-59
-
-7
-
-1
-
Assets
(INR Cr)
5523
15.7%
4775
16.3%
4106
9.3%
3758
14.9%
3272
41.9%
2305
8.2%
2131
13.0%
1886
1225.3%
142
-10.7%
159
24.2%
128
-13.6%
149
-2.0%
152
14.4%
133
534.2%
21
4121.2%
-1
-
Net Worth
(INR Cr)
4152
6.0%
3916
11.5%
3512
8.8%
3227
17.9%
2738
38.1%
1982
12.6%
1761
18.6%
1485
945.7%
142
-10.7%
159
23.9%
128
-13.6%
149
-2.0%
152
14.4%
133
534.2%
21
-3004.2%
-1
0.0%
Employee Cost
(INR Cr)
976
10.4%
883
30.2%
678
25.7%
540
26.9%
425
26.5%
336
11.0%
303
217.8%
95
54.7%
62
31.9%
47
2.8%
45
17.9%
39
-1.3%
39
45.5%
27
669.8%
3
1060.0%
0
-
Interest Cost
(INR Cr)
000887265711801000000
Cash & Bank Balance
(INR Cr)
28931513447478238843720224241488500
Total Debt
(INR Cr)
107582952950450435035035000000000

Key Financial Ratios

Profit As % Of RevenuesRONW %Interest Cost to EBITDA %ROCE %Debt to Equity Ratio
PARAMETERS2024202320222021202020192018201720162015201420132012201120102009
Profit As % Of Revenues 3.8%6.9%6.1%7.8%6.1%8.4%11.1%10.2%--------
Profit As % Of Assets 7.9%13.7%12.2%15.8%10.0%16.6%19.0%6.6%--------
Profit As % Of Networth 10.5%16.7%14.2%18.3%11.9%19.3%22.9%8.4%--------
Interest Cost to EBITDA % ----------------
Debt to Equity Ratio ----------------
RONW 10.9%17.6%14.8%19.8%11.9%20.5%24.9%15.3%--------
ROCE 11.3%19.6%17.0%25.0%16.2%24.0%29.1%13.8%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%