Universal Sompo General Insurance Company Ltd

Universal Sompo General Insurance Company Ltd

Next 500 2024
OVERVIEW
FINANCIALS

About

Universal Sompo General Insurance Company Limited is a joint venture between Indian banks and Japanese insurance company Sompo Japan Insurance Inc. The company offers a wide range of general insurance products, including motor, health, home, and commercial insurance. With a focus on customer-centric services and innovative insurance solutions, Universal Sompo has established a significant presence in the Indian insurance market.

Incorporation Year: 2007
Headquarters: Mumbai, Maharashtra
Top Management: Mr. Sharad Mathur (Managing Director & CEO)
Industry: Insurance

Featured In Fortune India Ranking

Next 500 India
#154(2024)
#154(2024)

Financial Data 2024

Revenue
2,555
(INR Cr)
Net Operating Income
2,512
(INR Cr)
Assets
1,447
(INR Cr)
Profit
182
(INR Cr)
Net Worth
1,441
(INR Cr)

Financial Data

RevenueNet Operating IncomeProfitAssetsNet Worth
PARAMETERS202420232022202120162015
Revenue
(INR Cr)
2555
6.0%
2410
49.0%
1618
5.2%
1538
144.4%
629
12.4%
560
-
Net Operating Income
(INR Cr)
2512
4.32%
2408
48.87%
1618
5.21%
1538
0.00%
531
16.29%
456
0.00%
Profit
(INR Cr)
182
2.8%
177
49.1%
119
1167.0%
9
-78.6%
44
132.4%
19
-
Assets
(INR Cr)
1447
14.1%
1269
12.1%
1132
11.2%
1018
236.9%
302
13.9%
265
-
Net Worth
(INR Cr)
1441
13.6%
1269
12.4%
1129
11.2%
1015
0.0%
302
13.9%
265
0.0%
Employee Cost
(INR Cr)
153
5.0%
146
23.8%
118
34.4%
88
62.8%
54
5.3%
51
-
Interest Cost
(INR Cr)
000400
Cash & Bank Balance
(INR Cr)
94181981938489
Total Debt
(INR Cr)
000000

Key Financial Ratios

Profit As % Of RevenuesRONW %Interest Cost to EBITDA %ROCE %Debt to Equity Ratio
PARAMETERS202420232022202120162015
Profit As % Of Revenues 7.1%7.3%7.3%0.6%6.9%3.4%
Profit As % Of Assets 12.6%13.9%10.5%0.9%14.5%7.1%
Profit As % Of Networth 12.6%13.9%10.5%0.9%14.5%7.1%
Interest Cost to EBITDA % ------
Debt to Equity Ratio ------
RONW 13.4%14.8%11.1%0.9%9.0%2.8%
ROCE 18.7%20.9%13.3%3.4%8.4%4.3%