Is The New India Assurance Company a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that The New India Assurance Company Ltd is a below average quality company .

Is The New India Assurance Company undervalued or overvalued?

The key valuation ratios of The New India Assurance Company Ltd's currently when compared to its past seem to suggest it is in the Fair zone .

What is The New India Assurance Company share price return in the past 10 years?

Data is not available for this company

Is The New India Assurance Company a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Strong which suggest that the price of The New India Assurance Company Ltd is likely to Rise in the short term. However, please check the rating on Quality and Valuation before investing

What is the share price of The New India Assurance Company?

Company share prices are keep on changing according to the market conditions. The closing price of The New India Assurance Company on 20-Dec-2024 at 16:59 is 214.15.

What is the P/E ratio of The New India Assurance Company?

The latest standalone P/E ratio of The New India Assurance Company as of 20-Dec-2024 is 26.01.

What is the P/B ratio of The New India Assurance Company?

The latest standalone P/B ratio of The New India Assurance Company as of 20-Dec-2024 is 1.66.

What is the 52-week high and low of The New India Assurance Company?

The 52-week high of The New India Assurance Company is Rs. 324.00 and the 52-week low is Rs. 168.95.

What is the TTM revenue of The New India Assurance Company?

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of The New India Assurance Company is Rs. 34931.61 (Cr.).

The New India Assurance Company Ltd - Stock Valuation and Financial Performance

Name: The New India Assurance Company
Brand: The New India Assurance Company

BSE: 540769 | NSE: NIACL | Insurance | Mid Cap

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New India Assurance Share Price

₹214.15 8.60 4.18%
as on 20-Dec'24 16:59

10 Year X-Ray of New India Assurance:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Standalone Basis ^P Consolidated Basis ^P

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Value Creation ⓘ

Value Creation Index Colour Code Guide ⓘ

	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
ROCE % ⓘ	15.2%	8.3%	10.2%	19.9%	4.2%	10.2%	11.9%	1%	6.5%	8.3%	-
Value Creation Index ⓘ	0.4	-0.3	-0.1	0.8	-0.6	-0.3	0.1	-0.9	-0.5	-0.3	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	0	0	0	0	0	0	0	0	0	0	0
Sales YoY Gr.	-	NA	NA	NA	NA	NA	NA	NA	NA	NA	-
Adj EPS ⓘ	8.6	5.5	6.6	13.9	3.7	8.8	10	1.2	6.7	8.7	8.3
YoY Gr.	-	-36.4%	20.8%	109.7%	-73.6%	138.4%	13.7%	-88.1%	465.3%	30.9%	-
BVPS (₹) ⓘ	0	0	0	96.6	99.4	99.3	112.5	115.4	126	132.9	133.4
Adj Net Profit ⓘ	1,377	877	1,059	2,288	605	1,442	1,640	195	1,099	1,438	1,361
Cash Flow from Ops. ⓘ	847	-1,605	-124	425	-1,334	-967	777	-4,052	-5,855	-4,672	-
Debt/CF from Ops. ⓘ	0	0	0	0	0	0	0	0	0	0	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	NA	NA	NA	NA
Adj EPS ⓘ	0.2%	18.9%	-4.3%	30.9%
BVPSⓘ	NA	6%	5.7%	5.4%
Share Price	-	8.4%	16%	-0.9%

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Mar'23	Mar'24	TTM
Return on Equity % ⓘ	10.4	6.7	-
Op. Profit Mgn % ⓘ	0	0	-
Net Profit Mgn % ⓘ	0	0	-
Debt to Equity ⓘ	0	0	-
Working Cap Days ⓘ	0	0	0
Cash Conv. Cycle ⓘ	0	0	-195

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 6.20%

Sales growth has been subdued in last 3 years 0.00%

Net Profit has been subdued in last 3 years -4.27%

Sales growth is not so good in last 4 quarters at 9.49%

Latest Financials - The New India Assurance Company Ltd.

	Standalone	Consolidated
TTM EPS (₹)	8.2	8.3
TTM Sales (₹ Cr.)	34,932	35,085
BVPS (₹.) ⓘ	128.7	133.4
Reserves (₹ Cr.) ⓘ	288	21,158
P/BV ⓘ	1.66	1.61
PE ⓘ	26.01	25.92

From the Market
52 Week Low / High (₹)	168.95 / 324.00
All Time Low / High (₹)	75.00 / 382.12
Market Cap (₹ Cr.)	35,292
Equity (₹ Cr.)	824
Face Value (₹)	5
Industry PE ⓘ	21.2

Management X-Ray of New India Assurance:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

* Pledged shares as % of Promoter's holding (%)

Valuation of New India Assurance

Price Calculator

Price Chart

Price to Earnings

Enterprise Value to EBIT

Price to Book-Value

Price to Sales

Dividend History

Analyst's Notes

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Key Ratios of New India Assurance

Standalone Basis Consolidated Basis

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Income From Investments	1,637	1,300	1,525	1,653	2,159	2,329	1,979	2,012	3,007	2,749
Other Income ⓘ	26	57	218	102	42	55	29	95	65	15
Expenses	5	2	4	19	41	1083	538	452	3985	680
Profit Before Tax	1,705	966	1,225	2,821	677	1,666	2,072	194	1,295	1,759
Tax ⓘ	328	89	166	533	72	223	432	0	195	321
Adjustments	0	0	0	0	0	0	0	0	0	0
Net Profit	1,377	877	1,059	2,288	605	1,442	1,640	195	1,099	1,438
Adjusted EPS (₹)	8.61	5.48	6.62	13.88	3.67	8.75	9.95	1.18	0	0
Dividend Payout Ratio (%)	22%	29%	29%	32%	41%	0%	0%	25%	0%	0%

Balance Sheet

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Equity and Liabilities
Share Capital ⓘ	200	200	200	412	824	824	824	824	824	824
Reserve and Surplus	11,502	11,712	12,479	15,776	15,732	17,272	18,940	19,006	20,349	21,070
Fair Value A/C	22839	19123	23755	8481	7606	3485	5841	6031	4748	6452
Borrowings ⓘ	0	0	0	0	0	0	0	0	0	0
Policy Holders Fund	0	0	0	14,483	14,743	6,865	12,937	14,049	13,432	17,143
Funds For Appropriations	0	0	0	0	0	0	0	0	0	0
Total Liabilities ⓘ	34,541	31,035	36,434	39,151	38,905	28,446	38,541	39,909	39,353	45,489
Assets
Investment	0	0	0	0	0	0	0	0	0	0
Loans	357	329	309	314	282	319	328	336	345	377
Total Net block	302	338	374	560	561	558	547	563	564	471
Total Assets ⓘ	34,541	31,035	36,434	39,151	38,905	28,446	38,541	39,909	39,353	45,489

Cash Flow

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Cash Flow From Operating Activity ⓘ	847	-1,605	-124	425	-1,334	-967	777	-4,052	-5,855	-4,672
PBT ⓘ	0	0	0	0	0	0	0	0	0	0
Adjustment ⓘ	1,871	375	1,917	3,639	2,009	2,858	4,916	-91	-1,096	681
Changes in Working Capital ⓘ	211	21	-3	-18	1	-38	-19	-18	11	-274
Tax Paid ⓘ	-1,235	-2,001	-2,037	-3,196	-3,344	-3,787	-4,120	-3,943	-4,770	-5,079
Cash Flow From Investing Activity ⓘ	-1,124	552	1,793	-860	2,290	2,586	-593	4,893	5,387	6,886
Capex	-53	-78	-154	-217	-102	-66	-49	-96	-73	-51
Net Investments	-3,177	-1,889	-544	-3,456	-713	-728	-4,288	-260	1,142	1,963
Others ⓘ	2,105	2,520	2,491	2,812	3,105	3,380	3,744	5,249	4,317	4,974
Cash Flow From Financing Activityⓘ	-208	-366	-307	1,125	-476	-300	77	-6	-65	-326
Net Proceeds from Shares ⓘ	55	0	0	1,873	0	0	67	0	0	0
Net Proceeds from Borrowing ⓘ	0	0	0	0	0	0	0	0	0	0
Interest Paid ⓘ	-263	-361	-305	-745	-497	-300	0	-6	-65	-326
Dividend Paid ⓘ	0	0	0	0	0	0	0	0	0	0
Others ⓘ	0	-5	-2	-3	21	0	10	0	0	0
Net Cash Flow ⓘ	-485	-1,418	1,362	690	480	1,320	261	836	-534	1,888

Finance Ratio

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Ratios
ROE (%)
ROCE (%)
Asset Turnover Ratio	0.42	0.46	0.53	0.52	0.55	0.7	0.79	0.74	0.77	0.81
PAT to CFO Conversion(x)	0.62	-1.83	-0.12	0.19	-2.2	-0.67	0.47	-20.78	-5.33	-3.25
Working Capital Days
Receivable Days	0	0	0	0	0	0	0	0	0	0
Inventory Days	0	0	0	0	0	0	0	0	0	0
Payable Days	0	0	0	0	0	0	0	0	0	0

The New India Assurance Company Ltd Stock News

The New India Assurance Company Ltd FAQs

What is the share price of New India Assurance?

Company share prices are keep on changing according to the market conditions. The closing price of New India Assurance on 20-Dec-2024 16:59 is ₹214.2.

What is the market cap of New India Assurance?

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 20-Dec-2024 16:59 the market cap of New India Assurance stood at ₹35,291.9.

What is the P/E ratio of New India Assurance?

The latest P/E ratio of New India Assurance as of 20-Dec-2024 16:59 is 26.01.

What is the P/B ratio of New India Assurance?

The latest P/B ratio of New India Assurance as of 20-Dec-2024 16:59 is 1.66.

What is the 52-week high and low of New India Assurance?

The 52-week high of New India Assurance is ₹324.0 and the 52-week low is ₹168.9.

What is the TTM revenue of New India Assurance?

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of New India Assurance is ₹34,932 ( Cr.) .

About The New India Assurance Company Ltd

The New India Assurance Co. Ltd, founded in 1919, a Multinational General Insurance Company, operates in many countries and headquartered at Mumbai, India. The company has been market leaders in India in Non-Life business for many years. The company is the only direct insurer in India rated A-(Excellent) by AM BEST Company since 2007. The company has been rated AAA/Stable by CRISIL since 2014, indicating that the Company has the highest degree of Financial Strength to honour its Policyholder's obligations. The company has been leading the market, apart from premium, in reserves & net worth for many years.

Products

Motor

Two Wheeler (Bike)
Private Car
Commercial Vehicle
Standalone CPA Cover
Standalone OD for Motor TW
Standalone OD for Motor PC

Health

New India Cancer Gaurd Policy
New India Premier Mediclaim Policy (Big cover and small price)
New India Mediclaim Policy (Traditional support)
New India Floater Mediclaim Policy (Family cover)
New India Asha Kiran Policy (For your Girl child)
New India Top Up Mediclaim (Super Protection)
Senior Citizen Mediclaim Policy (Respect to Elders)
Janata Mediclaim Policy (To suit simple budget)

Travel

Overseas Mediclaim Policy (Higher Studies)
Overseas Mediclaim Policy (Business and Safe Holidays)
Overseas Mediclaim Policy (Frequent travellers)
Suhana Safar Policy (Domestic Travel)
Personal Accident Policy
Rasta Apatti Kavach (Road Safety Insurance)

Home and Contents

Griha Suvidha Policy (Tenants and Owners)
Householder's Policy
Fire Policy for Home (Safe Home)

Customised Business and SME Products

Jewellers Block Policy
Shopkeeper's Policy
Plate Glass Insurance
Neon Sign Insurance
Multi Peril Policy for L.P.G. Dealers
Fidelity Guarantee Insurance Policy
Money Insurance
Fire
Burglary
Marine Cargo
Commercial Vehicles
Misc. Vehicles

Other Products

Other Personal Insurance
Aviation Insurance
Marine Insurance
Industrial Insurance
Liability Insurance
Rural Insurance

Awards

2018: India Insurance Summit Award 2018: General Insurance Company of the Year
2018: India Insurance Summit Award 2018: Product Innovator of the Year- Title Insurance Policy
2018: Outlook Money Gold Award
2018: Business Today Financial Award: Best General Insurer Of The Year
2018: Skoch Award Customer Service Order of Merit
2018: Skoch Award Company of the Year Order of Merit
2017: Golden Peacock Business Excellence Award
2017: India Insurance Summit - Insurance Company of the Year
2017: Dun & Bradstreet Bfsi Awards - India's Leading Insurance Company- Non-Life Public Sector
2016: Indian Insurance Awards - General Insurance Company of the Year
2016: Golden Peacock Excellence in Corporate Governance Award
2016: Golden Peacock Excellence Innovative Product-Service Award
2016: Indian Insurance Awards E-Business Leader -General Insurance
2016: Indian Insurance Awards - Under Served Market Penetration - General Insurance (Large Category)
2016: ABP News - Best General Insurance Company
2016: Dun & Bradstreet PSU Awards - Non Life Insurance
2015: Indian Insurance Awards - General Insurance Company of the Year
2015: Samudra Manthan Awards - Insurance Company of the Year
2015: Outlook Money Awards - Best Health Insurer
2015: Indian Insurance Awards - Commercial Lines Growth Leadership General Insurance - Large Companies Category
2015: Indian Insurance Awards - Claims Service Leader - Large Companies Category
2015: Dun & Bradstreet PSU Awards - Insurance (General)
2014: Indian Insurance Awards - Under Served Market Penetration - Genral Insurance
2014: Indian Insurance Awards - Personal Lines Growth Leader (General Insurance) Public E Sector
2014: India's SME Forum Best Insurer
2014: Dalal Street Investment Journal Award for Best General Insurance Company of the Year
2014: Golden Peacock Excellence in Corporate Governance Award
2014: Indian Insurance Awards - Technology Maturity - General Insurance

Milestones

1919: The company was incorporated as a limited company with an authorised share capital of Rs 20 crore.
1920: Commenced operations in London.
1956: Transferred its life insurance business to the Life Insurance Corporation of India, which was formed under the Life Insurance Corporation Act, 1956, pursuant to which life insurance business in India was nationalised.
1973: The General Insurance Corporation of India was formed under the General Insurance Business (Nationalisation) Act, 1972, which provided for nationalisation of general insurance business in India. The company became a subsidiary of the General Insurance Corporation of India after the GoI transferred its entire shareholding in general insurance companies to the General Insurance Corporation of India.
1974: The New India Assurance Company (Merger) Scheme, 1973, which was framed by the Department of Revenue and Insurance, Ministry of Finance, GoI under the General Insurance Business (Nationalisation) Act, 1972, became effective.
2003: Pursuant to the General Insurance Business (Nationalisation) Amendment Act, 2002, the General Insurance Corporation of India transferred its entire shareholding in Company to the GoI.
2012: The company crossed premium of Rs 100,000 million during 2011-12.
2016: Received the approval for opening an office at Gujrat International Finance Tec-City, Gandhinagar.
2017: The company crossed premium of Rs 200,000 million during 2016-17.