HDFC Ergo General Insurance Company Ltd
Fortune 500 2024
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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
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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) | 0 | 0 | 0 | 88 | 72 | 65 | 71 | 18 | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash & Bank Balance (INR Cr) | 289 | 315 | 134 | 474 | 782 | 388 | 437 | 202 | 24 | 24 | 14 | 8 | 8 | 5 | 0 | 0 |
| Total Debt (INR Cr) | 1075 | 829 | 529 | 504 | 504 | 350 | 350 | 350 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Key Financial Ratios
Profit As % Of RevenuesRONW %Interest Cost to EBITDA %ROCE %Debt to Equity Ratio
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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% |