New India Assurance

    NIACL
    Insurance
    ₹198.39
    price as of 11/9/2026, 5:28:02 pm

    Market cap ₹32,695 Cr

    P/E
    44.28
    Day range
    ₹194.13 – ₹203.77
    52-week range
    ₹116.97 – ₹242.60
    Volume
    70.23 L
    Open
    ₹197.00
    Prev close
    ₹197.35
    52-week range, adjusted for splits and bonuses
    ₹116.97₹242.6
    30 Mar 20267 Sept 2026
    Index membership
    NIFTY 500NIFTY MIDCAP 150

    Price history

    6M change +45.09%RSI (14) 53.2 NeutralSMA 20 · 50 overlaid

    Price & delivery on the exchange

    NSE bhavcopy to 11 Sept 2026 · delivery 15.0% today vs 28.6% average · BSE close ₹198.15

    1 Apr23 Apr15 May5 Jun24 Jun15 Jul3 Aug21 Aug11 Sept₹105₹140₹175₹210₹2450%25%50%75%100%
    • Delivery
    • NSE close
    • BSE close

    High delivery with a rising price suggests buyers holding rather than trading the move.

    Key metrics

    P/E (TTM)
    42.1
    EPS (TTM)
    ₹4.68
    ROE (FY26)
    4.9%
    ROCE (latest year)
    4%
    Dividend yield
    0.76%

    Charts & trends

    From company filings. Amounts in ₹ crore.

    Revenue 3Y CAGR
    +6.7%
    Profit 3Y CAGR
    +10.5%
    Revenue YoY (Jun 2026)
    +1.5%
    Profit YoY (Jun 2026)
    -159.5%
    Operating margin
    -1.7%
    Net margin
    -2.0%

    Revenue, profit & margin - quarterly

    Bars in ₹ crore (a loss shows red); line is operating margin

    Sep 2023Mar 2024Sep 2024Mar 2025Sep 2025Jun 2026-4.5K Cr0 Cr4.5K Cr9.0K Cr13.5K Cr-3%0%3%6%9%
    • Revenue
    • Net profit
    • Operating margin

    Who owns the company

    Shareholding as of Jun 2026

    • Promoter
    • DII
    • Public
    • FII

    Cash flows

    Where cash came from and went, by fiscal year (₹ crore)

    Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026-8.0K Cr-4.0K Cr0 Cr4.0K Cr8.0K Cr
    • Operating
    • Investing
    • Financing
    • Free cash flow

    Return on equity

    Net profit over shareholders' equity, by fiscal year

    FY17FY18FY19FY20FY21FY22FY23FY24FY25FY260%3%6%9%12%

    Equity vs debt

    Shareholders' equity against borrowings (₹ crore); line is debt-to-equity

    Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 20260 Cr7.5K Cr15.0K Cr22.5K Cr30.0K Cr0.0x1.0x2.0x3.0x4.0x
    • Equity
    • Debt
    • Debt / equity

    Financial statements

    ₹ Crore
    Quarterly results, oldest period first, figures in rupees crore
    Line itemSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
    Sales10,56711,36611,68610,41810,78610,70311,66411,71913,45012,06912,54411,900
    Expenses10,81310,50011,25210,14810,64610,60511,23911,53013,52411,86312,52512,105
    Operating Profit-24686643427014098426189-7420619-205
    OPM %-2.3%8%3.7%2.6%1.3%0.9%3.6%1.6%-0.6%1.7%0.1%-1.7%
    Other Income4036219772029816642727
    Interest000000000000
    Depreciation000000000000
    Profit before tax-24286647027214110750239123372446-179
    Tax %-19%18%34%14%48%-221%36%0%14%-1%-26%37%
    Net Profit-1757223132439134935640255380580-239
    EPS in Rs₹-1.07₹4.38₹1.89₹1.45₹0.54₹2.12₹2.18₹2.43₹0.33₹2.31₹3.51₹-1.47

    From company filings, updated 11 Sept 2026. Consolidated figures where the company reports them.Information only, not investment advice.

    Strengths, risks & growth

    New India Assurance Company Ltd is India's largest non-life insurance company. It is promoted by the Government of India (GoI) holding ~86% stake. It was established by Sir Dorabji Tata in 1919 and was nationalised in 1973. Post nationalisation, it became one of 4 subsidiaries of General Insurance Company of India (GIC) but gained autonomy after GIC became a re-insurance company in 1999. [1]

    Strengths

    • Company is almost debt free.
    • Stock is trading at 1.15 times its book value
    • Company has been maintaining a healthy dividend payout of 25.5%

    Risks

    • The company has delivered a poor sales growth of 8.52% over past five years.
    • Tax rate seems low
    • Company has a low return on equity of 4.24% over last 3 years.
    • Earnings include an other income of Rs.717 Cr.

    Compounded Sales Growth

    10 Years
    +13%
    5 Years
    +9%
    3 Years
    +7%
    TTM
    +11%

    Compounded Profit Growth

    10 Years
    +21%
    5 Years
    -3%
    3 Years
    +99%
    TTM
    -36%

    Stock Price CAGR

    10 Years
    —
    5 Years
    +4%
    3 Years
    +17%
    1 Year
    +3%

    Return on Equity

    10 Years
    +3%
    5 Years
    +3%
    3 Years
    +4%
    Last Year
    +5%

    Strengths and risks are a machine-generated checklist, not advice; growth is compounded annually over each period.

    Shareholding pattern

    Percentage of shares held by each category at each quarter end
    HolderSept 2025Dec 2025Mar 2026Jun 2026Change
    Promoter85.44%85.44%85.44%85.44%0.00 pp
    FII1.01%1.00%1.01%1.02%+0.01 pp
    DII11.18%11.15%11.17%11.17%0.00 pp
    Public2.37%2.40%2.39%2.36%-0.03 pp

    Filed with NSE for Jun 2026: promoters 85.44%, public 14.56% · XBRL filing

    Analysts & fund holdings

    33%
    33% recommend buy
    3 analysts cover the stock
    Valuation vs Insurance
    P/E44.3 vs 16.6
    Sector P/B2.14
    Beta1.91

    Who holds the shares, quarter by quarter

    Mutual funds 0.10% (0.00 pp)
    Mar 25
    Jun 25
    Sept 25
    Dec 25
    Mar 26
    Jun 26
    • Promoters85.4%
    • Foreign institutions1.0%
    • Mutual funds0.1%
    • Insurance10.8%
    • Other domestic institutions0.3%
    • Retail1.8%
    • Others0.6%
    Mutual funds holding the most
    Fund% of company% of fund3-month change
    Motilal Oswal BSE Enhanced Value Index Fund0.02%0.32%+0.03 pp
    Motilal Oswal Nifty Midcap 150 Index Fund0.01%0.10%+0.00 pp
    Nippon India Nifty Midcap 150 Index Fund0.01%0.11%+0.00 pp
    ICICI Pru Nifty Midcap 150 Index Fund0.01%0.11%+0.00 pp
    SBI Nifty Midcap 150 Index Fund0.01%0.11%+0.00 pp

    Scorecard

    Performance
    Low
    Valuation
    High
    Growth
    Low
    Profitability
    Avg
    Entry point
    Avg
    Red flags
    Low

    Analyst coverage, holdings and scorecard from market data; not a recommendation by Parasram India.

    Corporate actions

    • dividend
      ₹1.50

      Dividend - Rs 1.50 Per Share

      10 Jul 2026
      ex-date
    • dividend
      ₹1.80

      Dividend - Rs 1.80 Per Share

      4 Sept 2025
      ex-date
    • dividend
      ₹2.06

      Dividend - Rs 2.06 Per Share

      6 Sept 2024
      ex-date
    • dividend
      ₹1.93

      Dividend - Rs 1.93 Per Share

      8 Sept 2023
      ex-date
    • dividend
      ₹0.30

      Dividend - Rs 0.30 Per Share

      25 Aug 2022
      ex-date
    • dividend
      ₹1.50

      Dividend - Rs 1.50 Per Share

      18 Jul 2019
      ex-date
    • other
      Not available — not reported in this filing

      Annual General Meeting

      19 Jul 2018
      ex-date
    • dividend
      ₹5.00

      Bonus 1:1/ Dividend- Rs 5 Per Share

      27 Jun 2018
      ex-date
    • bonus
      Not available — not reported in this filing

      Bonus 1:1/ Dividend- Rs 5 Per Share

      27 Jun 2018
      ex-date
    • dividend
      ₹3.75

      Interim Dividend - Rs 3.75 Per Share

      29 Nov 2017
      ex-date

    Company announcements

    Company Update
    Announcement under Regulation 30 (LODR)-Change in Directorate

    Pursuant to Regulation 30 of SEBI, LODR we wish to inform you that the Ministry of Finance has assigned additional charge to Mr. S Sivasankar, Executive Director for the position of CMD ....

    Company Update
    Announcement under Regulation 30 (LODR)-Appointment of Statutory Auditor/s

    PFA the letter wrt captioned subject

    Company Update
    Disclosure Under Regulation 3O Of The Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements Regulations, 2015)- Sale Of Shares Of National Stock Exchange Of India Ltd. In Its Initial Public Offer.

    PFA the letter wrt the captioned subject

    Company Update
    Announcement Under Regulation 30

    PFA the letter wrt to captioned subject

    Company Update
    Clarification On Volume Movement

    PFA the letter wrt captioned subject

    Company UpdatePrice-sensitive
    Clarification sought from The New India Assurance Company Ltd

    The Exchange has sought clarification from The New India Assurance Company Ltd on August 06, 2026, with reference to Movement in Volume. <BR><BR>The reply is awaited.

    Company Update
    Announcement under Regulation 30 (LODR)-Cessation

    PFA the letter wrt the captioned subject

    Others
    Business Responsibility and Sustainability Reporting (BRSR)

    PFA the letter wrt the captioned subject

    Filed with BSE (scrip 540769); the last 45 days. Documents open at bseindia.com.

    Documents

    Annual reports

    Earnings calls

    Credit ratings

    Documents open at BSE or the rating agency that issued them.