New India Assurance

₹206.7 8.8 | 4.5%

WEBSITE BSE:540769 NSE : NIACL 26 Dec, 16:01

Market Cap ₹34064 Cr.

Stock P/E 23.7

P/B 1.6

Current Price ₹206.7

Book Value ₹ 128.7

Face Value 5

52W High ₹324

Dividend Yield 1%

52W Low ₹ 169

Edit Ratio

New India Assurance Research see more...

Overview Inc. Year: 1919Industry: Insurance

The New India Assurance Co Ltd is an India-based authorities owned multinational general insurance organization. The Company operates in approximately 30 international locations. Its retail enterprise is obtainable through industrial and private lines of commercial enterprise and it also have variety of products in rural, social zone and micro coverage segments. It serves industries, consisting of petrochemical, oil and energy industries, power and steel plants, aviation fleets, satellites, projects and infrastructures, and small and medium corporations (SMEs). The Company's merchandise encompass Personal Insurance, Commercial Insurance, Industrial Insurance, Liability Insurance and Social Insurance. The Company's subsidiaries consist of New India Assurance Co Ltd and Prestige Assurance Plc.

New India Assurance Share Price

New

Volume

Price

Price: NSE50 DMA200 DMAVolume

Quarterly Price

Quarterly Monthly

Show Value Show %

Peer Comparison

New India Assurance Quarterly Results

#(Fig in Cr.)	Sep 2016	Dec 2016	Mar 2017	Jun 2017	Sep 2017	Dec 2017	Mar 2018
Net Sales	4055	4054	5428	4739	4697	5074	5215
Other Income	1315	997	1416	1257	1529	1236	1247
Total Income	5371	5051	6845	5995	6226	6310	6463
Total Expenditure	5123	5092	6154	5395	5319	5540	6015
Operating Profit	248	-40	691	601	907	769	448
Interest	0	0	0	0	0	0	0
Depreciation	0	0	0	0	0	0	0
Exceptional Income / Expenses	0	0	0	0	0	0	0
Profit Before Tax	248	-40	691	601	907	769	448
Provision for Tax	-12	-17	137	101	159	152	112
Profit After Tax	260	-24	553	499	748	617	336
Adjustments	-260	24	-553	-499	-748	-617	-336
Profit After Adjustments	0	0	0	0	0	0	0
Adjusted Earnings Per Share	1.6	-0.1	3.5	1.6	4.7	3.7	2

New India Assurance Profit & Loss

#(Fig in Cr.)	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	TTM
Net Sales	11197	13315	14960	17815	19725	21488	23529	26234	28905	30244	34028	19725
Other Income	2154	2595	2668	2996	3530	3875	4670	4697	4730	7558	6720	5269
Total Income	13351	15910	17628	20811	23254	25363	28199	30930	33635	37802	40748	24994
Total Expenditure	13164	15538	18063	21367	22251	26821	27786	30231	35107	35606	41374	22269
Operating Profit	187	372	-435	-557	1003	-1458	413	699	-1471	2196	-625	2725
Interest	0	0	0	0	0	0	0	0	0	0	0	0
Depreciation	0	0	0	0	0	0	0	0	0	0	0	0
Exceptional Income / Expenses	0	0	0	0	0	0	0	0	0	0	0	0
Profit Before Tax	1294	1776	906	1164	2725	645	1639	2037	160	1245	1445	2725
Provision for Tax	205	345	77	156	524	65	221	432	-4	190	316	524
Profit After Tax	1089	1431	829	1008	2201	580	1418	1605	164	1055	1129	2200
Adjustments	0	0	0	0	0	0	0	0	0	0	0	-2200
Profit After Adjustments	1089	1431	829	1008	2201	580	1418	1605	164	1055	1129	0
Adjusted Earnings Per Share	0	0	0	0	13.4	3.5	8.6	9.7	1	6.4	6.9	12

Growth Rates

#	1 Year	3 Year	5 Year	10 Year
Sales CAGR	13%	9%	10%	12%
Operating Profit CAGR	-128%	NAN%	0%	NAN%
PAT CAGR	7%	-11%	14%	0%

#	1 Year	3 Year	5 Year	10 Year
Share Price CAGR	-3%	15%	8%	NA%
ROE Average	6%	4%	6%	8%
ROCE Average	7%	5%	7%	10%

New India Assurance Balance Sheet

#(Fig in Cr.)	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Shareholder's Funds	9693	10650	11374	12170	15689	15945	17456	19016	19052	20329	21135
Minority's Interest	0	0	0	0	0	0	0	0	0	0	0
Borrowings	0	0	0	0	0	0	0	0	0	0	0
Other Non-Current Liabilities	25497	31626	28377	33428	33908	33959	23248	32926	35213	34327	40859
Total Current Liabilities	17939	19444	23565	23734	25309	29754	35636	39477	41085	42357	45190
Total Liabilities	53130	61720	63316	69331	74906	79658	76340	91420	95350	97013	107184
Fixed Assets	178	202	246	307	479	474	466	407	421	418	400
Other Non-Current Assets	35894	45498	45544	52179	56373	59915	53686	68174	71989	74561	82009
Total Current Assets	17057	16020	17526	16845	18055	19269	22188	22838	22940	22034	24776
Total Assets	53130	61720	63316	69331	74906	79658	76340	91420	95350	97013	107184

New India Assurance Cash Flow

#(Fig in Cr.)	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Opening Cash & Cash Equivalents	7408	8965	8250	7083	8019	9021	9605	11172	11683	12488	12264
Cash Flow from Operating Activities	809	867	-1540	-155	455	-1274	-966	751	-4065	-5846	-4678
Cash Flow from Investing Activities	947	-1100	541	1830	-875	2261	2566	-521	4859	5369	6894
Cash Flow from Financing Activities	-199	-257	-360	-302	1128	-474	-298	10	-0	-49	-318
Net Cash Inflow / Outflow	1557	-490	-1360	1373	708	513	1302	240	794	-526	1898
Closing Cash & Cash Equivalent	8965	8250	7083	8019	9021	9605	11172	11683	12488	12264	14225

New India Assurance Ratios

#	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Earnings Per Share (Rs)	0	0	0	0	13.36	3.52	8.6	9.74	1	6.4	6.85
CEPS(Rs)	6.81	8.95	5.18	6.3	13.36	3.52	8.6	9.74	1	6.4	6.85
DPS(Rs)	5.5	7.5	6.25	7.75	8.75	1.5	0	0	0.3	1.93	2.06
Book NAV/Share(Rs)	0	0	0	0	93.52	95.64	95.42	107.92	110.63	120.87	128.25
Core EBITDA Margin(%)	-17.57	-16.69	-20.74	-19.94	-12.81	-24.82	-18.09	-15.24	-21.45	-17.73	-21.59
EBIT Margin(%)	11.56	13.34	6.05	6.53	13.82	3	6.97	7.76	0.55	4.12	4.25
Pre Tax Margin(%)	11.56	13.34	6.05	6.53	13.82	3	6.97	7.76	0.55	4.12	4.25
PAT Margin (%)	9.73	10.75	5.54	5.66	11.16	2.7	6.03	6.12	0.57	3.49	3.32
Cash Profit Margin (%)	9.73	10.75	5.54	5.66	11.16	2.7	6.03	6.12	0.57	3.49	3.32
ROA(%)	4.21	4.7	2.59	3.04	5.91	1.51	4.3	4.91	0.43	2.73	2.72
ROE(%)	12.02	14.09	7.68	8.81	16.09	3.72	9.01	9.58	0.91	5.53	5.5
ROCE(%)	14.29	17.49	8.39	10.17	19.92	4.14	10.41	12.16	0.89	6.53	7.04
Receivable days	0	0	0	0	0	0	0	0	0	0	0
Inventory Days	0	0	0	0	0	0	0	0	0	0	0
Payable days	0	0	0	0	0	0	0	0	0	0	0
PER(x)	0	0	0	0	26.45	54.22	13.04	15.85	111.96	15.15	33.21
Price/Book(x)	0	0	0	0	3.78	1.99	1.18	1.43	1.01	0.8	1.77
Dividend Yield(%)	0	0	0	0	1.24	0.79	0	0	0.27	1.99	0.91
EV/Net Sales(x)	-0.78	-0.6	-0.46	-0.44	2.49	1.02	0.31	0.52	0.2	0.12	0.68
EV/Core EBITDA(x)	-46.77	-21.62	15.82	14.04	49.03	-14.97	17.72	19.68	-4.01	1.69	-37.21
Net Sales Growth(%)	18.48	18.92	12.35	19.08	10.72	8.94	9.5	11.5	10.18	4.63	12.51
EBIT Growth(%)	28.01	37.23	-49.02	28.52	134.14	-76.34	154.13	24.28	-92.15	678.7	16.08
PAT Growth(%)	29.08	31.43	-42.1	21.63	118.36	-73.66	144.53	13.19	-89.76	542.47	7.01
EPS Growth(%)	0	0	0	0	0	-73.66	144.53	13.19	-89.76	542.47	7.01
Debt/Equity(x)	0	0	0	0	0	0	0	0	0	0	0
Current Ratio(x)	0.66	0.57	0.53	0.5	0.5	0.46	0.46	0.42	0.41	0.38	0.4
Quick Ratio(x)	0.66	0.57	0.53	0.5	0.5	0.46	0.46	0.42	0.41	0.38	0.4
Interest Cover(x)	0	0	0	0	0	0	0	0	0	0	0
Total Debt/Mcap(x)	0	0	0	0	0	0	0	0	0	0	0

New India Assurance Shareholding Pattern

#	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024
Promoter	85.44	85.44	85.44	85.44	85.44	85.44	85.44	85.44	85.44	85.44
FII	0.6	0.6	0.62	0.65	0.67	0.69	0.77	0.82	0.8	0.87
DII	12.16	11.9	11.93	11.93	11.93	11.94	11.71	11.76	11.65	11.27
Public	1.8	2.06	2.02	1.98	1.97	1.94	2.08	1.99	2.12	2.42
Others	0	0	0	0	0	0	0	0	0	0
Total	100	100	100	100	100	100	100	100	100	100

#	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024
Promoter	140.8	140.8	140.8	140.8	140.8	140.8	140.8	140.8	140.8	140.8
FII	0.99	0.99	1.02	1.07	1.1	1.13	1.27	1.35	1.31	1.43
DII	20.05	19.61	19.65	19.67	19.66	19.67	19.31	19.37	19.2	18.58
Public	2.97	3.4	3.32	3.26	3.24	3.2	3.43	3.28	3.49	3.99
Others	0	0	0	0	0	0	0	0	0	0
Total	164.8	164.8	164.8	164.8	164.8	164.8	164.8	164.8	164.8	164.8

Pros

Company is almost debt free.

Cons

Company has a low return on equity of 4% over the last 3 years.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.