HDFC ERGO General Insurance Debt To Equity Ratio

0.28×
Q1 FY25-26
Lower is better

HDFC ERGO General Insurance's debt to equity ratio was 0.28× for Q1 FY25-26, as reported in IRDAI form NL-20-ANALYTICAL-RATIOS.

Total borrowings (debt) as a multiple of Net Worth (equity). Measures financial leverage. A higher ratio means the insurer has taken on more debt relative to its capital base, increasing financial risk. Most well-capitalised insurers carry low D/E ratios.

Note: NL-20 analytical ratios. A ratio of 0 means no borrowings. Insurance regulation limits leverage, so high D/E is uncommon for licensed Indian insurers.

Historical Data

PeriodValueSource formData as of
Q1 FY25-260.28 ×NL-20-ANALYTICAL-RATIOS2026-10-31
Q4 FY24-250.29 ×NL-20-ANALYTICAL-RATIOS2026-10-31

Provenance

Reported by
HDFC ERGO General Insurance
Regulatory form
NL-20-ANALYTICAL-RATIOS · what this form contains
Reporting period
Q1 FY25-26
Source document
Annexure-IV-All-Forms-Q1-FY2025-26.pdf · HDFC ERGO General Insurance's disclosure page
Extracted by
irw_adapter v1
Last verified
2026-10-31
Note
NL-20 row-format label match: debt_equity_ratio