New India Assurance Company Ltd Analyst Rating
based on 2 analysts
50.00%
Buy
0.00%
Hold
50.00%
Sell
Based on 2 analysts offering long term price targets for New India Assurance Company Ltd. An average target of ₹232
Source: S&P Global Market Intelligence
New India Assurance Company Ltd Share analysis
New India Assurance Company Ltd price forecast by 2 analysts
Upside of13.59%
High
₹294
Target
₹232.00
Low
₹170
New India Assurance Company Ltd target price ₹232, a slight upside of 13.59% compared to current price of ₹204.69. According to 2 analysts rating.
Excluding Excise Duty and Other Income, represents Net Revenue
New India Assurance Company Ltd revenue growth forecast
Expected growth rate Q1, FY2026:6.90%
Forecast
Actual
Including amortisation and stock based compensations
New India Assurance Company Ltd EPS growth forecast
EPS estimate Q1, FY2026:29.99%
Forecast
Actual
Source: S&P Global Market Intelligence
New India Assurance Company Ltd Performance
Day's Low
Day's High
₹201.1₹206.1952 Week's Low
52 Week's High
₹168.8₹324.7
| Returns % | |
| 1 Month Return | + 7.64 % |
| 3 Month Return | -22.77 % |
| 1 Year Return | -12 % |
| Market Stats | |
| Previous Close | ₹204.24 |
| Open | ₹204.95 |
| Volume | 8.71L |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹33,658.75Cr |
New India Assurance Company Ltd Key Statistics
| P/E Ratio | 24.73 |
| PEG Ratio | 9.85 |
| Market Cap | ₹33,658.75 Cr |
| P/B Ratio | 1.34 |
| EPS | 6.62 |
| Dividend Yield | 0.85 |
| Sector | Insurance |
| ROE | 4.21 |
New India Assurance Company Ltd Peer Comparison
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| HOLD | ₹33,658.75 Cr | 8.35% | 0.69 | ₹1,091 Cr | ₹43,675 Cr | |
| BUY | ₹28,846.64 Cr | -9.17% | 0.54 | NA | NA | |
| HOLD | ₹72,246.19 Cr | 12.17% | 0.68 | ₹6,508 Cr | ₹45,374 Cr | |
| HOLD | ₹91,994.87 Cr | 13.35% | 0.50 | ₹64 Cr | ₹3,437 Cr | |
| BUY | ₹1,45,557.06 Cr | 10.06% | 0.98 | NA | NA |
New India Assurance Company Ltd Mutual Fund Holdings
About New India Assurance Company Ltd
New India Assurance provides a wide range of products and services including motor insurance, health insurance, travel insurance, property insurance, marine insurance, engineering insurance, liability insurance and liability insurance. Its popular brands include New India Assurance, New India Assurance Health, New India Assurance Travel, New India Assurance Property and New India Assurance Marine.
New India Assurance is one of the largest general insurance companies in India and is committed to providing quality insurance solutions to its customers. The company offers competitive premiums and a wide range of coverages to ensure that customers get the best value for their money.
Share Price: ₹204.69 per share as on 05 Dec, 2024 04:01 PM
Market Capitalisation: ₹33,658.75Cr as of today
Revenue: ₹10,786.57Cr as on September 2024 (Q3 24)
Net Profit: ₹73.56Cr as on September 2024 (Q3 24)
Listing date: 13 Nov, 2017
Chairperson Name: Neerja Kapur
| Organisation | New India Assurance Company Ltd |
| Headquarters | |
| Industry | Insurance |
| E-voting on shares | Click here to vote |
Key events for New India Assurance Company Ltd
New India Assurance Secures Major Tax Refund - 26 Nov, 2024
New India Assurance Company Ltd announced a favorable tax refund ruling of ₹1,945.08 crore, leading to significant stock gains and a recovery in profits. The stock surged throughout the day, reflecting strong investor confidence.New India Assurance Secures Major Tax Refund - 25 Nov, 2024
New India Assurance Company Ltd has received a favorable ruling from the Income Tax Department, entitling it to a cumulative tax refund of ₹1,945.08 crore, including ₹489.22 crore in interest. The company is actively pursuing the release of these funds. Additionally, it reported a net profit of ₹71 crore for Q2 2024, a significant improvement from a net loss of ₹200 crore in the previous year.New India Assurance Reports Strong Q2 Turnaround - 01 Nov, 2024
New India Assurance Company reported a consolidated net profit of Rs 73.56 crore in Q2 FY25, a significant turnaround from a net loss of Rs 195.32 crore in Q2 FY24. Total income rose 2.51% YoY to Rs 10,134.53 crore, with improved operating metrics and a focus on profitability. The company expects continued profitability growth in upcoming quarters.New India Assurance Reports Profit Recovery in Q2 - 31 Oct, 2024
New India Assurance Company Ltd reported a net profit of Rs 71 crore for Q2 FY25, a significant recovery from a loss of Rs 200 crore last year. Net sales increased by 2.08% year-on-year, indicating positive growth in operations.New India Assurance Reports Strong Q2 Recovery - 30 Oct, 2024
New India Assurance posted a net profit of Rs 71 crore for Q2 2024, a significant recovery from a Rs 200 crore loss last year. Total income rose to Rs 10,090 crore, with gross premiums increasing to Rs 9,620 crore. Total expenditure decreased to Rs 10,577 crore, reflecting improved financial health.
Insights on New India Assurance Company Ltd
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
POSITIVE IMPACTBest in 3 Years
In the last 3 years, NIACL has outperformed top 5 stocks with highest market-cap in Multiline Insurance & Brokers
- POSITIVE IMPACT
MF Holding Up
Mutual Funds have increased holdings from 0.04% to 0.11% in Sep 2024 quarter
- POSITIVE IMPACT
Revenue Rich
Revenue is up for the last 2 quarters, 10.42K Cr → 10.78K Cr (in ₹), with an average increase of 3.4% per quarter
- POSITIVE IMPACT
FII Holding Up
Foreign Institutions have increased holdings from 0.80% to 0.87% in Sep 2024 quarter
- POSITIVE IMPACT
Retail Holding Up
Retail Investor have increased holdings from 2.12% to 2.42% in Sep 2024 quarter
NO EFFECTPromoter Holding Unchanged
Promoters holdings remained unchanged at 85.44% of holdings in Sep 2024 quarter
- NO EFFECT
Against Peers
In the last 1 year, ICICI Lombard General Insurance Company Ltd has given 33.0% return, outperforming this stock by 45.0%
NEGATIVE IMPACTPrice Dip
In the last 3 months, NIACL stock has moved down by -22.8%
- NEGATIVE IMPACT
Profit Down
Netprofit is down for the last 4 quarters, 721.5 Cr → 89.7 Cr (in ₹), with an average decrease of 47.5% per quarter
New India Assurance Company Ltd Financials
Index Inclusions
New India Assurance Company Ltd Shareholding Pattern
| Investors | Holdings % | FY Quarter | 3M change |
|---|---|---|---|
| Promoter Holdings | 85.44% | 0.00 | |
| Foreign Institutions | 0.87% | 8.74 | |
| Mutual Funds | 0.11% | 144.94 | |
| Retail Investors | 2.42% | 14.46 | |
| Others | 11.16% |
New India Assurance Company Ltd Key Indicators
New India Assurance Company Ltd Valuation
New India Assurance Company Ltd in the last 5 years
Lowest (5.58x)
February 19, 2019
Industry (22.95x)
December 4, 2024
Today (24.73x)
December 4, 2024
Highest (164.88x)
December 20, 2022
New India Assurance Company Ltd Earnings and Dividends
New India Assurance Company Ltd Earnings Results
New India Assurance Company Ltd’s net profit jumped 150.93% since last year same period to ₹89.70Cr in the Q2 2024-2025. On a quarterly growth basis, New India Assurance Company Ltd has generated -62.52% fall in its net profits since last 3-months.
Read More about Earnings ResultsNew India Assurance Company Ltd Dividends May,2024
In the quarter ending March 2024, New India Assurance Company Ltd has declared dividend of ₹2.06 - translating a dividend yield of 1.95%.
Read More about Dividends
New India Assurance Company Ltd Technicals Summary
Bearish
Neutral
Bullish
New India Assurance Company Ltd is currently in a Bullish trading position according to technical analysis indicators.
FAQs on New India Assurance Company Ltd
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New India Assurance Company Ltd (NIACL) share price today is ₹204.69
New India Assurance Company Ltd is listed on NSE
New India Assurance Company Ltd is listed on BSE
- Today’s highest price of New India Assurance Company Ltd is ₹206.19.
- Today’s lowest price of New India Assurance Company Ltd is ₹201.1.
PE Ratio of New India Assurance Company Ltd is 24.73
PE ratio = New India Assurance Company Ltd Market price per share / New India Assurance Company Ltd Earnings per share
Today’s traded volume of New India Assurance Company Ltd(NIACL) is 8.71L.
Today’s market capitalisation of New India Assurance Company Ltd(NIACL) is ₹33658.75Cr.
| New India Assurance Company Ltd(NIACL | Price |
|---|---|
52 Week High | ₹324.7 |
52 Week Low | ₹168.8 |
New India Assurance Company Ltd(NIACL) share price is ₹204.69. It is down -36.96% from its 52 Week High price of ₹324.7
New India Assurance Company Ltd(NIACL) share price is ₹204.69. It is up 21.26% from its 52 Week Low price of ₹168.8
| New India Assurance Company Ltd(NIACL | Returns |
|---|---|
1 Day Returns | 0.45% |
1 Month Returns | 7.64% |
3 Month Returns | -22.77% |
1 Year Returns | -12% |