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New India Assurance Company Ltd

NIACL Share Price

157.830.33% (-0.52)

NIACL Share Price Chart

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FinancialsInsurance
SmallcapWith a market cap of ₹26,096 cr, stock is ranked 270
High RiskStock is 3.51x as volatile as Nifty

How to use scorecard? Learn more

FinancialsInsurance
SmallcapWith a market cap of ₹26,096 cr, stock is ranked 270
High RiskStock is 3.51x as volatile as Nifty

NIACL Performance & Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
26.390.921.22%
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
17.452.430.99%

NIACL Analyst Ratings & Forecast

Detailed Forecast 
50%
Analysts have suggested that investors can buy this stock

from 2 analysts

Price Upside

Earnings Growth

Rev. Growth

See Detailed Forecast

NIACL Company Profile

The New India Assurance Co Ltd is an India-based government owned multinational general insurance company whose products include Personal Insurance, Commercial Insurance, Industrial Insurance, Liability Insurance and Social Insurance

NIACL Similar Stocks (Peers)

Compare with peers 
PE Ratio
12.16
1Y Return
12.32%
Buy Reco %
76.19
PE Ratio
38.04
1Y Return
21.93%
Buy Reco %
76.92
PE Ratio
81.56
1Y Return
3.69%
Buy Reco %
90.91
PE Ratio
91.40
1Y Return
6.62%
Buy Reco %
88.24
PE Ratio
45.79
1Y Return
7.54%
Buy Reco %
65.38
Compare with Peers
NIACL Sentiment Analysis
New
Crisp summary & key insights to decode earnings calls instantly

NIACL Stock Summary · January 2025

In the face of a challenging operational environment, the company reported a decline in profit after tax, primarily due to weaker equity market conditions impacting investment income. However, improvements in operational efficiency and a disciplined approach to underwriting have led to reduced losses and a stronger incurred claims ratio. Management remains optimistic about a recovery in growth momentum, particularly in the property insurance segment, while emphasizing a commitment to social responsibility and sustainability initiatives. Despite facing intense market competition and pricing challenges, the company is strategically enhancing its digital presence and focusing on profitable growth, particularly in the motor segment, which shows significant potential for revenue expansion. Overall, the company is dedicated to delivering long-term value to investors while navigating the complexities of the Indian insurance market.

Key Points on NIACL Stock Performance
NIACL Stock Growth Drivers
8
  • Strong Financial Stability

    The New India Assurance Company Limited has demonstrated strong financial stability, evidenced by its AAA

  • Growth in Insurance Penetration

    The company is experiencing gradual improvement in insurance penetration, driven by rising disposable income, increasing

NIACL Stock Challenges
5
  • Declining Investment Income

    The company has reported a decrease in profit after tax for the nine months ending

  • Market Perception and Valuation Challenges

    There are significant concerns regarding the company's performance since its listing in 2017, with a

NIACL Forecasts

Price

Revenue

Earnings

NIACL

Income

Balance Sheet

Cash Flow

NIACL Income Statement

Industry refers to the sub-sector this company belongs to.
Lower than Industry Revenue Growth
A higher-than-industry revenue growth represents increased potential for the company to increase their market share

Over the last 5 years, revenue has grown at a yearly rate of 9.54%, vs industry avg of 11.66%

Decreasing Market Share
Market share is the percentage of an industry's total sales going to a particular company. It gives a general idea of the size of a company v/s its competitors

Over the last 5 years, market share decreased from 3.26% to 2.94%

Lower than Industry Net Income
Net income is equal to net earnings (profit) less expenses. This number is an important measure of how profitable the company is

Over the last 5 years, net income has grown at a yearly rate of 13.05%, vs industry avg of 34.38%

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Financial YearFY 2016FY 2017FY 2018FY 2019FY 2020FY 2021FY 2022FY 2023FY 2024TTM
Total Revenue19,277.7122,008.5825,121.2627,702.5331,160.8233,095.4935,915.5241,072.5143,690.9843,640.21
Raw Materialssubtract42,650.26
Power & Fuel Costsubtract
Employee Costsubtract2,451.072,235.942,284.152,919.142,709.984,268.103,000.283,079.573,740.91
Selling & Administrative Expensessubtract15,666.9918,505.1119,782.7223,489.8325,645.6525,917.6732,203.0336,235.3037,933.19
Operating & Other expensessubtract79.8126.28224.61526.901,052.80747.30447.95419.01545.81
Depreciation/Amortizationsubtract34.4146.9774.4989.6693.36102.6786.6582.1858.96
Interest & Other Itemssubtract
Taxes & Other Itemssubtract84.15148.30532.5372.31216.79419.29-16.95208.46295.631.01
EPS6.016.5413.693.678.759.951.186.366.776.00
DPS3.133.884.381.500.000.000.300.301.932.06
Payout ratio0.520.590.320.410.000.000.250.050.280.34

NIACL Company Updates

Annual Report and Investor Presentation updates mentioned here are as reported by the company to the exchange
FY 2022

Annual report

PDF

Investor Presentation

May 30PDF
FY 2023

Annual report

PDF

Investor Presentation

Jun 5PDF
May 30PDF
Feb 14PDF
+2 more
FY 2024

Annual report

PDF

Investor Presentation

Aug 21PDF
Aug 19PDF
Aug 17PDF
Aug 12PDF
 

NIACL Past Performance & Peer Comparison

Comparing 3 stocks from 
FinancialsInsurance

Loading...

StockPE RatioPE RatioPB RatioPB RatioDiv. YieldDividend Yield
New India Assurance Company Ltd23.370.921.22%
Life Insurance Corporation Of India12.166.001.27%
Bajaj Finserv Ltd38.042.990.05%
SBI Life Insurance Company Ltd81.5610.360.18%

NIACL Stock Price Comparison

Compare NIACL with any stock or ETF
Compare NIACL with any stock or ETF
NIACL
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NIACL Shareholdings

NIACL Promoter Holdings Trend

Total Promoter Holding
Increasing promoter holding is considered good and reflects management’s positive view about the future outlook

In last 6 months, promoter holding in the company has almost stayed constant

Low Pledged Promoter Holding
Lower pledged promoter holdings is considered better

Pledged promoter holdings is insignificant

NIACL Institutional Holdings Trend

Total Retail Holding
Increasing retail holding can be considered bad as it can reflect that institutions and promoters are selling their stake which is being absorbed by retail investors.

In last 3 months, retail holding in the company has almost stayed constant

Foreign Institutional Holding
Foreign Institutional Holding is quantum of stock held by foreign large-quantities-trading entities. Increasing value indicates growing support and comfort for the stock

In last 3 months, foreign institutional holding of the company has almost stayed constant

Tickertape Separator

NIACL Shareholding Pattern

Retail and OthersForeign InstitutionsOther Domestic InstitutionsMutual FundsTotal Promoter Holding85.44%0.07%11.11%0.84%2.54%

Mar 2024

Jun 2024

Sep 2024

Dec 2024

NIACL Shareholding History

SepDec '23MarJunSepDec '240.69%0.77%0.82%0.80%0.87%0.84%

Mutual Funds Invested in NIACL

Mutual Fund Holding
Increasing Mutual Fund holdings are generally considered good, as it reflects that fund managers are becoming more bullish about the stock

In last 3 months, mutual fund holding of the company has almost stayed constant

Top 5 Mutual Funds holding New India Assurance Company Ltd




Funds (Top 5)Market-cap heldWeight3M holding changePortfolio rank
(3M change)
0.0142%1.16%1.16%27/72 (+38)
0.0082%0.12%-0.02%149/153 (-3)
0.0065%0.12%-0.02%148/153 (-2)

Compare 3-month MF holding change on Screener

NIACL Insider Trades & Bulk Stock Deals

Hmm, looks like there hasn't been any net deal activity in the last 6 months

smallcases containing NIACL stock

Looks like this stock is not in any smallcase yet.

NIACL Events

NIACL Dividend Trend

No dividend trend available

Dividends

Corp. Actions

Announcements

Legal Orders

NIACL Upcoming Dividends

No upcoming dividends are available

NIACL Past Dividends

Cash Dividend

Ex DateEx DateSep 6, 2024

Final
Final | Div/Share: ₹2.06

Dividend/Share

2.06

Ex DateEx Date

Sep 6, 2024

Cash Dividend

Ex DateEx DateSep 8, 2023

Final
Final | Div/Share: ₹1.93

Dividend/Share

1.93

Ex DateEx Date

Sep 8, 2023

Cash Dividend

Ex DateEx DateAug 25, 2022

Final
Final | Div/Share: ₹0.30

Dividend/Share

0.30

Ex DateEx Date

Aug 25, 2022

Cash Dividend

Ex DateEx DateJul 18, 2019

Final
Final | Div/Share: ₹1.50

Dividend/Share

1.50

Ex DateEx Date

Jul 18, 2019

Cash Dividend

Ex DateEx DateJun 27, 2018

Final
Final | Div/Share: ₹5.00

Dividend/Share

5.00

Ex DateEx Date

Jun 27, 2018

NIACL Stock News & Opinions

Earnings
New India Assurance Company consolidated net profit declines 51.62% in the December 2024 quarter

Net profit of New India Assurance Company declined 51.62% to Rs 349.05 crore in the quarter ended December 2024 as against Rs 721.50 crore during the previous quarter ended December 2023. Sales rose 0.93% to Rs 9070.33 crore in the quarter ended December 2024 as against Rs 8986.77 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales9070.338986.77 1 OPM %1.089.64 - PBDT107.26866.44 -88 PBT107.26866.44 -88 NP349.05721.50 -52 Powered by Capital Market - Live

1 month agoCapital Market - Live
Corporate
New India Assurance Company to discuss results

New India Assurance Company will hold a meeting of the Board of Directors of the Company on 27 January 2025.Powered by Capital Market - Live

2 months agoCapital Market - Live
Corporate
New India Assurance Company receives ratings action from AM BEST

AM Best has assigned the India National Scale Rating (NSR) of aaa.IN (Exceptional) and has affirmed the Financial Strength Rating of B++(Good) and the Long-Term Issuer Credit Rating of bbb+ (Good) to The New India Assurance Company . The outlook of these credit ratings is Stable. The ratings reflect the Company's balance sheet strength, which A.M. Best categorizes as very strong, as well as its adequate operating performance, favourable business profile and marginal enterprise risk management (ERM).Powered by Capital Market - Live

3 months agoCapital Market - Live
Corporate
New India Assurance Co to invest Rs 5 cr in Bima Sugam

The New India Assurance Co at its meeting held today i.e Wednesday, 11 December, 2024 has approved investment of Rs.5 crore being Company's contribution as non-life Insurer in the equity share capital of Bima Sugam India Federation. The Board has also approved an aggregate investment (including the above) not exceeding 10% of the paid up equity share capital of Bima Sugam India Federation subject to commensurate increase in the authorized share capital of Bima Sugam India Federation (Bima Sugam). Powered by Capital Market - Live

3 months agoCapital Market - Live
Spotlight
New India Assurance spurts on Rs 1,945-cr IT refund order

'Income Tax Department has passed various orders (giving effect to the Commissioner of Income Tax (Appeals) orders) for Assessment Year 2013-14, 2014-15, 2015-16, 2016-17, 2017-18, 2018- 19 and 2019-20 ruling in favour of the company, thereby resulting in cumulative refund of Rs 1945.08 crore (including total interest of Rs 489.22 crore),' the general insurer said in the exchange filing. The company added that it is pursuing with the Income Tax Authorities to release the above amounts at the earliest. The New India Assurance Company is the largest non-life insurance company in India, headquartered in Mumbai and operating in 28 countries. The company reported consolidated net profit of Rs 73.56 crore in Q2 FY25 as compared with net loss of Rs 195.32 crore in Q2 FY24. However, total income increased 2.51% YoY to Rs 10,134.53 crore in the second quarter of FY25. Powered by Capital Market - Live

3 months agoCapital Market - Live
Spotlight
New India Assurance rises on reporting turnaround Q2 numbers

However, total income increased 2.51% year on year (YoY) to Rs 10,134.53 crore in second quarter of FY25. Profit before tax stood at Rs 140.75 crore in September 2024 quarter as against pre-tax loss of Rs 241.99 crore posted in same quarter last year. For the quarter ended September 2024, the gross written premium was at Rs 9,701.71 crore, up 2.22% on YoY basis. Net written premium was at Rs 8,113.87 crore in Q2 of FY25, registering a growth of 2.18% compared to Rs 7940.65 crore posted in same period a year ago. On half year basis, the company's net profit spiked 335.57% to Rs 306.38 crore on 4.07% rise in total income to Rs 19,999.82 crore in H1 FY25 over H1 FY24. Commenting on the Q2 result, Girija Subramanian, CMD said, While the premium growth in the first half has been muted, it was a conscious decision to focus on lines with better profitability which led to the company letting go of a few large renewals where premiums were inadequate. It gives me immense satisfaction that the operating metrics have improved, with loss ratio as well as combined ratio being lower than the same period last year with profit after tax showing a 5x increase. The loss ratio of Health line of business has witnessed some improvement but the loss ratio in Motor line of business has increased due to lack of price increase in the Motor Third Party line of business. Net catastrophic losses in H1 FY25 were around Rs 248 crore. Solvency ratio at 1.81 times remains comfortably above the IRDAI mandated control level solvency margin. The competitive intensity in traditional lines remains high and the company will focus on other segments and channels to drive growth. The company expects the profitability trend to improve in the coming quarters. The New India Assurance Company is the largest non-life insurance company in India headquartered at Mumbai and operates in 28 countries.Powered by Capital Market - Live

4 months agoCapital Market - Live
Earnings
New India Assurance Company reports consolidated net profit of Rs 89.70 crore in the September 2024 quarter

Net profit of New India Assurance Company reported to Rs 89.70 crore in the quarter ended September 2024 as against net loss of Rs 176.13 crore during the previous quarter ended September 2023. Sales rose 3.91% to Rs 8567.30 crore in the quarter ended September 2024 as against Rs 8245.13 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales8567.308245.13 4 OPM %1.64-2.99 - PBDT140.75-241.99 LP PBT140.75-241.99 LP NP89.70-176.13 LP Powered by Capital Market - Live

4 months agoCapital Market - Live
Earnings
New India Assurance Company reports standalone net profit of Rs 71.00 crore in the September 2024 quarter

Net profit of New India Assurance Company reported to Rs 71.00 crore in the quarter ended September 2024 as against net loss of Rs 199.99 crore during the previous quarter ended September 2023. Sales rose 3.89% to Rs 8525.48 crore in the quarter ended September 2024 as against Rs 8205.90 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales8525.488205.90 4 OPM %1.55-3.17 - PBDT136.70-254.41 LP PBT136.70-254.41 LP NP71.00-199.99 LP Powered by Capital Market - Live

4 months agoCapital Market - Live
Corporate
New India Assurance Company to announce Quarterly Result

New India Assurance Company will hold a meeting of the Board of Directors of the Company on 30 October 2024.Powered by Capital Market - Live

5 months agoCapital Market - Live
Corporate
New India Assurance Company to conduct AGM

New India Assurance Company announced that the Annual General Meeting (AGM) of the company will be held on 24 September 2024.Powered by Capital Market - Live

6 months agoCapital Market - Live

Frequently asked questions

  1. What is the share price of New India Assurance Company Ltd (NIACL) today?

    The share price of NIACL as on 27th March 2025 is ₹157.83. The stock prices are volatile and keep changing through the day depending upon various factors and market conditions.

  2. What is the return on New India Assurance Company Ltd (NIACL) share?

    The past returns of New India Assurance Company Ltd (NIACL) share are
    • Past 1 week: 9.32%
    • Past 1 month: 2.68%
    • Past 3 months: -23.36%
    • Past 6 months: -32.86%
    • Past 1 year: -29.87%
    • Past 3 years: 40.32%
    • Past 5 years: 66.95%

  3. What are the peers or stocks similar to New India Assurance Company Ltd (NIACL)?
  4. What is the dividend yield % of New India Assurance Company Ltd (NIACL) share?

    The current dividend yield of New India Assurance Company Ltd (NIACL) is 1.22.

  5. What is the market cap of New India Assurance Company Ltd (NIACL) share?

    Market capitalization, short for market cap, is the market value of a publicly traded company's outstanding shares. The market cap of New India Assurance Company Ltd (NIACL) is ₹26096.08 Cr as of 27th March 2025.

  6. What is the 52 week high and low of New India Assurance Company Ltd (NIACL) share?

    The 52-week high of New India Assurance Company Ltd (NIACL) is ₹310.11 and the 52-week low is ₹135.60.

  7. What is the PE and PB ratio of New India Assurance Company Ltd (NIACL) stock?

    The P/E (price-to-earnings) ratio of New India Assurance Company Ltd (NIACL) is 23.37. The P/B (price-to-book) ratio is 0.92.

  8. Which sector does New India Assurance Company Ltd (NIACL) belong to?

    New India Assurance Company Ltd (NIACL) belongs to the Financials sector & Insurance sub-sector.

  9. How to buy New India Assurance Company Ltd (NIACL) shares?

    You can directly buy New India Assurance Company Ltd (NIACL) shares on Tickertape. Simply sign up, connect your demat account and place your order.