New India Assurance
Market cap ₹26,335 Cr
- P/E
- 34.15
- Day range
- ₹157.76 – ₹165.25
- 52-week range
- ₹116.97 – ₹242.60
- Volume
- 9.71 L
- Open
- ₹165.05
- Prev close
- ₹165.83
1 red flag to read up on
- medium
Material exchange filing
Clarification sought from The New India Assurance Company Ltd · 13 Oct 2026
From NSE and BSE filings. A flag is a reason to read the filing, not a rating.
NIACL in NSE indices and F&O
Research profile
Composite 40 / 100Factor percentiles
Derived metrics
- Earn. yield
- 2.9%
- Graham no.
- ₹134.86
- vs Graham
- -15.6%
- ROE ÷ P/B
- 5.3%
- 12-1 mom.
- -0.7%
- Return / vol
- -0.32
- FCF yield
- -17.5%
Appears in 8 scans
Percentiles rank this stock against the other tracked stocks and change as they do. Scans describe where figures sit today. Hover a label for its definition. Not investment advice.
Peer comparison
All 11 in Insurance| Company | M-cap | P/E | P/B | ROE | ROCE | OPM | D/E | Sales YoY |
|---|---|---|---|---|---|---|---|---|
| Life Insurance CorpLICI | ₹2.41 L Cr | 8.03 | 2.73 | 37.8% | 35.0% | 6.0% | 0.00 | +6.8% |
| SBI Life InsuranceSBILIFE | ₹1.65 L Cr | 63.27 | 8.16 | 13.7% | 15.0% | 1.6% | 0.00 | +18.8% |
| HDFC Life InsuranceHDFCLIFE | ₹1.14 L Cr | 55.31 | 5.89 | 11.3% | 10.0% | 1.4% | 0.16 | +18.3% |
| ICICI Lombard GICICICIGI | ₹79,544 Cr | 31.27 | 4.33 | 17.8% | 22.0% | 15.0% | 0.00 | +19.7% |
| ICICI Prudential LifeICICIPRULI | ₹62,529 Cr | 35.59 | 4.66 | 12.6% | 10.0% | -24.0% | 0.19 | -79.7% |
| General Insurance Corporation of IndiaGICRE | ₹56,799 Cr | 6.40 | 0.76 | 14.6% | 17.0% | 14.0% | 0.00 | -1.5% |
| Max Financial ServicesMFSL | ₹41,804 Cr | 383.32 | 7.92 | 2.0% | 3.0% | 1.1% | 0.35 | +16.8% |
| New India AssuranceNIACL | ₹26,335 Cr | 34.15 | 0.92 | 4.9% | 4.0% | -1.7% | 0.00 | +1.5% |
| Sector median | ₹56,799 Cr | 36.89 | 4.33 | 11.3% | 10.0% | 2.3% | 0.06 | +13.2% |
Sector as classified in the tracked universe; medians use every tracked Insurance company, and P/E only profitable ones. Tinted figures beat the median.
Latest news
Updated 9d agoHeadlines about New India Assurance from the last two weeks in the financial press. Stories belong to their publishers; Parasram India does not endorse them.
Key metrics
- P/E (TTM)
- 34.2
- EPS (TTM)
- ₹4.68
- Price / Book
- 0.92
- ROE (FY26)
- 4.9%
- ROCE (latest year)
- 4%
- Dividend yield
- 0.94%
Moving averages (NSE)
- 20-day
- ₹170.81
- Price below
- 50-day
- ₹183.32
- Price below
- 200-day
- ₹164.25
- Price below
Charts & trends
From company filings. Amounts in ₹ crore.
Revenue, profit & margin - quarterly
₹ crore; a loss shows red. Operating margin below, same periods.
- Revenue
- Net profit
Operating margin
Who owns the company
% of equity by quarter, latest Sept 2026
- Promoter
- DII
- Public
- FII
Cash flows
Where cash came from and went, by fiscal year (₹ crore)
- Operating
- Investing
- Financing
- Free cash flow
Return on equity
Net profit over shareholders' equity, by fiscal year
Equity vs debt
Shareholders' equity against borrowings (₹ crore); the ratio below, same years.
- Equity
- Debt
Debt to equity
Dividends per share
₹ by fiscal year of the ex-date; the latest year runs to date. Not adjusted for the bonus of 27 Jun 2018: earlier bars are per pre-bonus share.
Financial statements
| Line item | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 10,567 | 11,366 | 11,686 | 10,418 | 10,786 | 10,703 | 11,664 | 11,719 | 13,450 | 12,069 | 12,544 | 11,900 |
| Expenses | 10,813 | 10,500 | 11,252 | 10,148 | 10,646 | 10,605 | 11,239 | 11,530 | 13,524 | 11,863 | 12,525 | 12,105 |
| Operating Profit | -246 | 866 | 434 | 270 | 140 | 98 | 426 | 189 | -74 | 206 | 19 | -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 Income | 4 | 0 | 36 | 2 | 1 | 9 | 77 | 202 | 98 | 166 | 427 | 27 |
| 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 |
| Profit before tax | -242 | 866 | 470 | 272 | 141 | 107 | 502 | 391 | 23 | 372 | 446 | -179 |
| Tax % | -19% | 18% | 34% | 14% | 48% | -221% | 36% | 0% | 14% | -1% | -26% | 37% |
| Net Profit | -175 | 722 | 313 | 243 | 91 | 349 | 356 | 402 | 55 | 380 | 580 | -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 24 Oct 2026. Consolidated figures where the company reports them. Information only, not investment advice.
Working-capital cycle
0 days since Mar 2021
0 days since Mar 2021
+30 days since Mar 2021
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 0.92 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
- 0%
- 3 Years
- +5%
- 1 Year
- -15%
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
| Holder | Dec 2025 | Mar 2026 | Jun 2026 | Sept 2026 | Change |
|---|---|---|---|---|---|
| Promoter | 85.44% | 85.44% | 85.44% | 85.44% | 0.00 pp |
| FII | 1.00% | 1.01% | 1.02% | 0.91% | -0.11 pp |
| DII | 11.15% | 11.17% | 11.17% | 11.19% | +0.02 pp |
| Public | 2.40% | 2.39% | 2.36% | 2.44% | +0.08 pp |
Filed with NSE for Sept 2026: promoters 85.44%, public 14.56% · XBRL filing
Analysts & fund holdings
Who holds the shares, quarter by quarter
Mutual funds 0.12% (+0.02 pp)- Promoters85.4%
- Foreign institutions0.9%
- Mutual funds0.1%
- Insurance10.8%
- Other domestic institutions0.3%
- Retail1.9%
- Others0.6%
| Fund | % of company | % of fund | 3-month change |
|---|---|---|---|
| Motilal Oswal BSE Enhanced Value Index Fund | 0.02% | 0.29% | -0.03 pp |
| Nippon India Nifty Smallcap 250 Index Fund | 0.02% | 0.18% | +0.18 pp |
| SBI Nifty Smallcap 250 Index Fund | 0.01% | 0.18% | +0.18 pp |
| Motilal Oswal Nifty Smallcap 250 Index Fund | 0.01% | 0.18% | +0.18 pp |
| ICICI Pru Nifty Smallcap 250 Index Fund | 0.01% | 0.18% | +0.18 pp |
Scorecard
- Performance
- Low
- Valuation
- High
- Growth
- Low
- Profitability
- Avg
- Entry point
- Good
- Red flags
- Low
Analyst coverage, holdings and scorecard from market data; not a recommendation by Parasram India.
Risk & trend
From 275 daily sessions to 23 Oct 2026.
Risk
- Volatility (1Y)
- 47.9%
- Downside volatility
- 37.2%
- Worst 5% of days
- 3.7%
- Average of that tail
- 5.7%
- Max drawdown (1Y)
- 41.5%
- Below its peak
- 30.9%
Against the market
- Beta vs Nifty 50
- 1.24
- Correlation
- 0.35
- Relative strength (3M)
- -2.3%
- ATR (14)
- 5.7%
Return
- Return 1M
- -14.7%
- Return 3M
- -7.7%
- Return 6M
- -1.8%
- Return 1Y
- -15.3%
- vs 200-day average
- -2.7%
Momentum
- RSI (14)
- 38.5
- MACD histogram
- -0.48
- Stochastic %K
- 10.8
- ADX (14)
- 18.7
- +DI / −DI
- 23.6 / 31.2
- Money flow index
- 91.5
Participation
- Delivery (20d avg)
- 24.2%
- vs its 60-day baseline
- +0.4 pts
- Volume vs 20-day
- -0.3σ
- Close vs day's VWAP
- -0.3%
- 52-week position
- 37 / 100
These describe what this stock's price has already done. They are not forecasts, signals or recommendations, and a dash means the figure was withheld for want of enough history rather than being zero.
Financial quality
From consolidated statements to 31 Mar 2026.
No F-Score: it needs two reporting periods a year apart that carry both an income statement and a balance sheet, and this company's filings do not yet line up that way. The ratios below need only the one period and are unaffected.
- Free cash flow
- -₹4,612 Cr
- FCF yield
- -17.5%
Computed from filed statements, not filed themselves. A dash means an input was absent, and the score counts only the criteria that could actually be tested.
Corporate actions
- dividend₹1.50
Dividend - Rs 1.50 Per Share
10 Jul 2026ex-date - dividend₹1.80
Dividend - Rs 1.80 Per Share
4 Sept 2025ex-date - dividend₹2.06
Dividend - Rs 2.06 Per Share
6 Sept 2024ex-date - dividend₹1.93
Dividend - Rs 1.93 Per Share
8 Sept 2023ex-date - dividend₹0.30
Dividend - Rs 0.30 Per Share
25 Aug 2022ex-date - dividend₹1.50
Dividend - Rs 1.50 Per Share
18 Jul 2019ex-date - otherNot available — not reported in this filing
Annual General Meeting
19 Jul 2018ex-date - dividend₹5.00
Bonus 1:1/ Dividend- Rs 5 Per Share
27 Jun 2018ex-date - bonusNot available — not reported in this filing
Bonus 1:1/ Dividend- Rs 5 Per Share
27 Jun 2018ex-date - dividend₹3.75
Interim Dividend - Rs 3.75 Per Share
29 Nov 2017ex-date
Company announcements
PFA the letter wrt the captioned subject
The Exchange has sought clarification from The New India Assurance Company Ltd on October 13, 2026, with reference to Movement in Volume.<BR><BR>The reply is awaited.
PFA the letter wrt the captioned subject
The Company has intimated regarding the appointment of KMP's.
Appointment of Ms. Lavanya R Mundayur as CMD of the Company.
PFA the letter wrt the captioned subject
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 ....
PFA the letter wrt captioned subject
PFA the letter wrt the captioned subject
PFA the letter wrt to captioned subject
PFA the letter wrt captioned subject
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.
PFA the letter wrt the captioned subject
PFA the letter wrt the captioned subject
PFA the letter wrt captioned subject
Filed with BSE (scrip 540769); the last 45 days. Documents open at bseindia.com.
Documents
Annual reports
Earnings calls
- Jul 2026Slides
- May 2026TranscriptSlidesRecording
- Feb 2026TranscriptSlides
- Feb 2026Slides
- Jan 2026Slides
- Nov 2025SlidesRecording
Credit ratings
- Rating update · 16 Apr from crisil
- Rating update · 17 Apr 2025 from crisil
- Rating update · 19 Apr 2024 from crisil
- Rating update · 26 Apr 2023 from crisil
- Rating update · 12 Dec 2022 from crisil
- Rating update · 28 Apr 2022 from crisil
Documents open at BSE or the rating agency that issued them.
Sourced from the company's NSE XBRL filing dated 25 Jul 2026 (unaudited). View the source filing. Figures are as filed and are not investment advice.
New India Assurance: common questions
Answered from the figures on this page.
