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New India Assurance Company Ltd

NIACL

New India Assurance Company Ltd

NIACL
FinancialsInsurance
MidcapWith a market cap of ₹38,513 cr, stock is ranked 229
High RiskStock is 4.69x as volatile as Nifty
233.702.69% (-6.45)
233.702.69% (-6.45)

Price Chart

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1W
1M
1Y
5Y
Max
SIP
FinancialsInsurance
MidcapWith a market cap of ₹38,513 cr, stock is ranked 229
High RiskStock is 4.69x as volatile as Nifty
Scorecard

Performance

Low

Hasn't fared well - amongst the low performers

Valuation

High

Seems to be overvalued vs the market average

Growth

Low

Lagging behind the market in financials growth

Profitability

Avg

Average profitability - not good, not bad

Entry point

Avg

The stock is not in the overbought zone

Red flags

Low

No red flag found

How to use scorecard? Learn more

FinancialsInsurance
MidcapWith a market cap of ₹38,513 cr, stock is ranked 229
High RiskStock is 4.69x as volatile as Nifty

Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
35.151.38
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
18.562.580.76%

Forecast & Ratings

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

from 2 analysts

Price

Price Upside

Earnings

Earnings Growth

Revenue

Rev. Growth

See Detailed Forecast

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

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Forecasts

Price

Revenue

Earnings

Income

Balance Sheet

Cash Flow

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 9.56%, vs industry avg of 11.59%

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 3.24% 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 14.26%, vs industry avg of 34.31%

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Financial YearFY 2016FY 2017FY 2018FY 2019FY 2020FY 2021FY 2022FY 2023FY 2024TTM
Total Revenue19,133.5221,127.5224,995.0927,556.6230,583.7532,934.5535,739.3440,868.6843,503.9944,079.07
Raw Materialssubtract42,712.68
Power & Fuel Costsubtract
Employee Costsubtract2,426.842,215.492,267.372,902.052,691.294,247.902,977.873,059.213,720.03
Selling & Administrative Expensessubtract
Operating & Other expensessubtract15,637.7717,703.2919,897.5823,922.3926,162.9526,551.4932,518.2636,485.7838,281.87
Depreciation/Amortizationsubtract31.8044.8872.1987.3190.6998.4683.2978.4756.61
Interest & Other Itemssubtract
Taxes & Other Itemssubtract102.52155.93524.1465.08221.07432.03-4.36189.83316.15270.83
EPS5.846.3013.753.528.609.741.006.406.856.65
DPS3.133.884.381.500.000.000.301.931.93
Payout ratio0.530.620.320.430.000.000.300.300.000.29

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
 

Peers & Comparison

Comparing 3 stocks from 
FinancialsInsurance

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StockPE RatioPE RatioPB RatioPB RatioDiv. YieldDividend Yield
New India Assurance Company Ltd34.101.38
Life Insurance Corporation Of India15.757.770.98%
Bajaj Finserv Ltd36.932.900.05%
SBI Life Insurance Company Ltd97.4812.380.15%

Price Comparison

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Compare NIACL with any stock or ETF
NIACL
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Shareholdings

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

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

Shareholding Pattern

Retail and OthersForeign InstitutionsOther Domestic InstitutionsMutual FundsTotal Promoter Holding85.44%0.04%11.61%0.80%2.12%

Sep 2023

Dec 2023

Mar 2024

Jun 2024

Shareholding History

MarJunSepDec '23MarJun0.65%0.67%0.69%0.77%0.82%0.80%

Mutual Funds Holding Trend

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)
LIC MF Large Cap Fund - Growth - Direct Plan

Growth
0.0342%0.84%0.84%78/85 (0)
LIC MF Flexi Cap Fund - Growth - Direct Plan

Growth
0.0261%0.91%0.91%71/88 (+10)
Motilal Oswal Nifty Midcap 150 Index Fund - Growth - Direct Plan

Growth
0.0093%0.19%0.01%143/152 (+3)

Compare 3-month MF holding change on Screener

Insider Trades & Bulk Deals

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

smallcases

Looks like this stock is not in any smallcase yet.

Events

Dividend Trend

No dividend trend available

Dividends

Corp. Actions

Announcements

Legal Orders

Upcoming Dividends

No upcoming dividends are available

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

News & Opinions
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

1 week agoCapital Market - Live
Spotlight
New India Assurance slides as Q1 PAT slips 12% YoY

Total income rose 5.71% year on year (YoY) to Rs 9,865.29 crore in the quarter ended 30 June 2024. Consolidated profit before tax stood at Rs 272.09 crore in June 2024 quarter, down 14.38% from Rs 317.80 crore in same quarter last year. For the quarter ended 30 June 2024, the gross written premium was at Rs 1,188 crore, up 3.43% on YoY basis. Net written premium was at Rs 9,630.09 crore in first quarter of FY25, registering a growth of 4.08% compared to same period a year ago. Commenting on the Q1 result, Girija Subramanian, CMD said: 'The gross written premium growth was muted at 3.74% as the company continued to rationalise its portfolio mix, in favour of lines where profitability is better. The incurred claim ratio was impacted by elevated loss ratio in the Motor segment, especially in the Motor third party segment where no premium increase has been notified yet. Health segment loss ratio was adversely impacted by the government business segment which saw higher incurred claims, primarily due to seasonal factors, and this segment should see improved performance going ahead. Other segments performed well. The net worth of the company has increased from 44,704 Cr in March 2024 to 47,703 Cr in June 2024. Going forward, the company will be focusing on the retail segment and better performance can be expected 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

1 month agoCapital Market - Live
Earnings
New India Assurance Company consolidated net profit declines 8.04% in the June 2024 quarter

Net profit of New India Assurance Company declined 8.04% to Rs 239.31 crore in the quarter ended June 2024 as against Rs 260.23 crore during the previous quarter ended June 2023. Sales rose 7.22% to Rs 8547.37 crore in the quarter ended June 2024 as against Rs 7971.44 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales8547.377971.44 7 OPM %3.154.30 - PBDT272.09317.80 -14 PBT272.09317.80 -14 NP239.31260.23 -8 Powered by Capital Market - Live

1 month agoCapital Market - Live

Stock that will see action today: 6 August 2024

1 month agoThe Hindu Businessline
Corporate
New India Assurance Company to conduct board meeting

New India Assurance Company will hold a meeting of the Board of Directors of the Company on 8 August 2024Powered by Capital Market - Live

1 month agoCapital Market - Live

New India Assurance increases premiums on health insurance by 10%

1 month agoBusiness Standard
New India Assurance Sharpens Focus On Retail | CMD Girija Subramanian | ET Now Exclusive | Top News
1 month agoET NOW

Volumes soar at New India Assurance Company Ltd counter

1 month agoBusiness Standard

Ircon International Ltd leads losers in ‘A’ group

1 month agoBusiness Standard

Govt appoints Girija Subramanian as CMD of New India Assurance Company

2 months agoBusiness Standard