New India Assurance Company Ltd (NIACL): Share Price Analysis, Intrinsic Value & Fundamentals (2025)

Share Price and Basic Stock Data

Last Updated: March 12, 2025, 10:40 am

Market Cap	24,135 Cr.
Current Price	146
High / Low	310/136
Stock P/E	24.4
Book Value	185
Dividend Yield	1.39 %
ROCE	0.56 %
ROE	1.19 %
Face Value	5.00
PEG Ratio	-2.54

Stock P/E, Current Price, and Intrinsic Value Over Time

Stock P/E Current Price Intrinsic Value

View Share Price Target for New India Assurance Company Ltd (NIACL)

Competitors of New India Assurance Company Ltd (NIACL)

Stock Name ⇩	Market Cap ⇩	Current Price ⇩	High / Low ⇩	Stock P/E ⇩	Book Value ⇩	Dividend Yield ⇩	ROCE ⇩	ROE ⇩	Face Value ⇩
New India Assurance Company Ltd (NIACL)	24,135 Cr.	146	310/136	24.4	185	1.39 %	0.56 %	1.19 %	5.00
ICICI Lombard General Insurance Company Ltd	82,952 Cr.	1,674	2,302/1,477	32.9	281	0.36 %	22.5 %	17.0 %	10.0
Industry Average	53,543.50 Cr	910.00		28.65	233.00	0.88%	11.53%	9.10%	7.50

All Competitor Stocks of New India Assurance Company Ltd (NIACL)

Quarterly Result

Metric	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024
Sales	9,468	8,504	8,595	11,590	10,558	10,182	9,900	10,567	11,366	11,686	10,418	10,786	10,703
Expenses	8,875	9,234	8,436	11,556	9,668	10,073	9,557	10,813	10,500	11,252	10,148	10,646	10,605
Operating Profit	593	-729	158	33	891	109	343	-246	866	434	270	140	98
OPM %	6%	-9%	2%	0%	8%	1%	3%	-2%	8%	4%	3%	1%	1%
Other Income	1	59	3	4	17	41	-25	4	0	36	2	1	9
Interest	0	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	0
Profit before tax	595	-670	161	38	908	150	318	-242	866	470	272	141	107
Tax %	17%	-18%	19%	-12%	18%	4%	16%	-19%	18%	34%	14%	48%	-221%
Net Profit	504	-554	137	53	736	124	261	-175	722	313	243	91	349
EPS in Rs	3.05	-3.35	0.81	0.31	4.47	0.77	1.58	-1.07	4.38	1.89	1.45	0.54	2.12

Last Updated: February 28, 2025, 4:39 pm

Below is a detailed analysis of the quarterly data for New India Assurance Company Ltd (NIACL) based on the most recent figures (Dec 2024) and their trends compared to the previous period:

For Sales, as of Dec 2024, the value is ₹10,703.00 Cr.. The value appears to be declining and may need further review. It has decreased from 10,786.00 Cr. (Sep 2024) to ₹10,703.00 Cr., marking a decrease of 83.00 Cr..
For Expenses, as of Dec 2024, the value is ₹10,605.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 10,646.00 Cr. (Sep 2024) to ₹10,605.00 Cr., marking a decrease of 41.00 Cr..
For Operating Profit, as of Dec 2024, the value is ₹98.00 Cr.. The value appears to be declining and may need further review. It has decreased from 140.00 Cr. (Sep 2024) to ₹98.00 Cr., marking a decrease of 42.00 Cr..
For OPM %, as of Dec 2024, the value is 1.00%. The value remains steady. There is no change compared to the previous period (Sep 2024) which recorded 1.00%.
For Other Income, as of Dec 2024, the value is ₹9.00 Cr.. The value appears strong and on an upward trend. It has increased from 1.00 Cr. (Sep 2024) to ₹9.00 Cr., marking an increase of ₹8.00 Cr..
For Interest, as of Dec 2024, the value is ₹0.00 Cr.. The value remains steady. There is no change compared to the previous period (Sep 2024) which recorded 0.00 Cr..
For Depreciation, as of Dec 2024, the value is ₹0.00 Cr.. The value remains steady. There is no change compared to the previous period (Sep 2024) which recorded 0.00 Cr..
For Profit before tax, as of Dec 2024, the value is ₹107.00 Cr.. The value appears to be declining and may need further review. It has decreased from 141.00 Cr. (Sep 2024) to ₹107.00 Cr., marking a decrease of 34.00 Cr..
For Tax %, as of Dec 2024, the value is -221.00%. The value appears to be improving (decreasing) as expected. It has decreased from 48.00% (Sep 2024) to -221.00%, marking a decrease of 269.00%.
For Net Profit, as of Dec 2024, the value is ₹349.00 Cr.. The value appears strong and on an upward trend. It has increased from 91.00 Cr. (Sep 2024) to ₹349.00 Cr., marking an increase of ₹258.00 Cr..
For EPS in Rs, as of Dec 2024, the value is 2.12. The value appears strong and on an upward trend. It has increased from ₹0.54 (Sep 2024) to 2.12, marking an increase of ₹1.58.

Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: March 7, 2025, 6:35 pm

Metric	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	TTM
Sales	9,599	10,994	13,354	15,215	20,234	19,798	27,660	28,343	33,066	35,821	41,007	43,676	43,593
Expenses	12,297	14,403	17,107	18,195	20,692	24,590	27,944	29,406	30,931	35,644	39,728	42,213	42,650
Operating Profit	-2,698	-3,409	-3,753	-2,980	-458	-4,793	-284	-1,063	2,136	177	1,279	1,462	942
OPM %	-28%	-31%	-28%	-20%	-2%	-24%	-1%	-4%	6%	0%	3%	3%	2%
Other Income	3,826	4,392	5,487	4,063	1,704	7,601	1,050	2,816	27	87	60	9	48
Interest	3	2	3	4	6	12	0	0	0	0	0	0	0
Depreciation	43	38	28	34	47	74	90	93	103	87	82	59	0
Profit before tax	1,082	943	1,703	1,045	1,194	2,722	677	1,659	2,060	178	1,256	1,412	990
Tax %	16%	15%	19%	11%	14%	20%	11%	13%	21%	-0%	16%	23%
Net Profit	928	830	1,412	959	1,050	2,190	610	1,447	1,645	198	1,050	1,120	995
EPS in Rs	22.92	20.75	35.40	24.03	26.15	13.29	3.67	8.75	9.95	1.18	6.36	6.77	6.00
Dividend Payout %	19%	27%	21%	26%	30%	33%	41%	0%	0%	25%	5%	28%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2013-2014	2014-2015	2015-2016	2016-2017	2017-2018	2018-2019	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024
YoY Net Profit Growth (%)	-10.56%	70.12%	-32.08%	9.49%	108.57%	-72.15%	137.21%	13.68%	-87.96%	430.30%	6.67%
Change in YoY Net Profit Growth (%)	0.00%	80.68%	-102.20%	41.57%	99.08%	-180.72%	209.36%	-123.53%	-101.65%	518.27%	-423.64%

New India Assurance Company Ltd (NIACL) has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2013-2014 to 2023-2024.

Growth

Compounded Sales Growth
10 Years:	15%
5 Years:	10%
3 Years:	10%
TTM:	4%

Compounded Profit Growth
10 Years:	16%
5 Years:	25%
3 Years:	-42%
TTM:	6%

Stock Price CAGR
10 Years:	%
5 Years:	10%
3 Years:	8%
1 Year:	-39%

Return on Equity
10 Years:	2%
5 Years:	3%
3 Years:	0%
Last Year:	1%

Last Updated: Unknown

Balance Sheet

Last Updated: January 13, 2025, 2:40 pm

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Sep 2024
Equity Capital	200	200	200	200	200	412	824	824	824	824	824	824	824
Reserves	15,285	17,387	20,035	19,426	20,484	24,228	23,303	20,721	24,732	24,981	25,040	27,472	29,669
Borrowings	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Liabilities	31,159	36,791	42,726	44,780	49,473	51,094	56,426	55,707	66,914	70,691	72,359	79,829	80,870
Total Liabilities	46,644	54,379	62,961	64,407	70,157	75,734	80,553	77,252	92,470	96,496	98,223	108,125	111,364
Fixed Assets	212	223	302	350	399	560	561	558	547	563	564	471	486
CWIP	0	20	0	15	57	33	45	25	16	18	14	20	0
Investments	31,566	35,711	45,365	44,972	51,907	56,024	59,801	52,029	67,025	71,319	74,360	82,069	88,185
Other Assets	14,866	18,424	17,293	19,069	17,795	19,117	20,147	24,640	24,883	24,597	23,285	25,565	22,693
Total Assets	46,644	54,379	62,961	64,407	70,157	75,734	80,553	77,252	92,470	96,496	98,223	108,125	111,364

Below is a detailed analysis of the balance sheet data for New India Assurance Company Ltd (NIACL) based on the most recent figures (Sep 2024) and their trends compared to the previous period:

For Equity Capital, as of Sep 2024, the value is ₹824.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded ₹824.00 Cr..
For Reserves, as of Sep 2024, the value is ₹29,669.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹27,472.00 Cr. (Mar 2024) to ₹29,669.00 Cr., marking an increase of 2,197.00 Cr..
For Borrowings, as of Sep 2024, the value is ₹0.00 Cr.. The value remains steady. Additionally, since Reserves exceed Borrowings, this is considered a positive sign. There is no change compared to the previous period (Mar 2024) which recorded ₹0.00 Cr..
For Other Liabilities, as of Sep 2024, the value is ₹80,870.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from ₹79,829.00 Cr. (Mar 2024) to ₹80,870.00 Cr., marking an increase of 1,041.00 Cr..
For Total Liabilities, as of Sep 2024, the value is ₹111,364.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from ₹108,125.00 Cr. (Mar 2024) to ₹111,364.00 Cr., marking an increase of 3,239.00 Cr..
For Fixed Assets, as of Sep 2024, the value is ₹486.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹471.00 Cr. (Mar 2024) to ₹486.00 Cr., marking an increase of 15.00 Cr..
For CWIP, as of Sep 2024, the value is ₹0.00 Cr.. The value appears to be declining and may need further review. It has decreased from ₹20.00 Cr. (Mar 2024) to ₹0.00 Cr., marking a decrease of 20.00 Cr..
For Investments, as of Sep 2024, the value is ₹88,185.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹82,069.00 Cr. (Mar 2024) to ₹88,185.00 Cr., marking an increase of 6,116.00 Cr..
For Other Assets, as of Sep 2024, the value is ₹22,693.00 Cr.. The value appears to be declining and may need further review. It has decreased from ₹25,565.00 Cr. (Mar 2024) to ₹22,693.00 Cr., marking a decrease of 2,872.00 Cr..
For Total Assets, as of Sep 2024, the value is ₹111,364.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹108,125.00 Cr. (Mar 2024) to ₹111,364.00 Cr., marking an increase of 3,239.00 Cr..

Notably, the Reserves (₹29,669.00 Cr.) exceed the Borrowings (0.00 Cr.), indicating a solid financial buffer.

Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Cash from Operating Activity +	847	-1,605	-124	425	-1,334	-967	777	-4,052	-5,855	-4,672
Cash from Investing Activity +	-1,345	741	1,340	-494	2,337	2,825	-334	4,900	5,701	6,908
Cash from Financing Activity +	-208	-366	-307	1,125	-476	-300	77	-6	-65	-326
Net Cash Flow	-706	-1,229	910	1,056	527	1,558	520	842	-219	1,910

Free Cash Flow

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Free Cash Flow	-2.00	-3.00	-3.00	-2.00	-458.00	-4.00	-284.00	-1.00	2.00	177.00	1.00	1.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Debtor Days	0	0	0	0	0	0	0	0	0	0	0	0
Inventory Days
Days Payable
Cash Conversion Cycle	0	0	0	0	0	0	0	0	0	0	0	0
Working Capital Days	-544	-568	-549	-533	-447	-506	-421	-486	-471	-469	-436	-435
ROCE %		-1%	1%	-2%	3%	2%	-1%	7%	9%	1%	-2%	1%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024
Promoters	85.44%	85.44%	85.44%	85.44%	85.44%	85.44%	85.44%	85.44%	85.44%	85.44%	85.44%	85.44%
FIIs	0.58%	0.60%	0.60%	0.62%	0.65%	0.66%	0.69%	0.77%	0.81%	0.80%	0.86%	0.84%
DIIs	12.42%	12.16%	11.90%	11.92%	11.93%	11.93%	11.93%	11.71%	11.76%	11.64%	11.28%	11.18%
Public	1.56%	1.80%	2.06%	2.02%	1.98%	1.97%	1.94%	2.09%	1.98%	2.12%	2.43%	2.55%
No. of Shareholders	1,28,201	1,31,147	1,34,077	1,32,799	1,32,202	1,29,691	1,27,031	1,26,366	1,41,734	1,50,983	1,56,767	1,62,803

Shareholding Pattern Chart

No. of Shareholders

Mutual Fund Holdings

Fund Name	No of Shares	AUM (%)	Amount Invested (Cr)	Previous Number of Shares	Previous Date	Percentage Change
Motilal Oswal Nifty Midcap 150 Index Fund	118,772	0.2	2.5	56,630	2025-03-11	109.73%
Nippon India ETF Nifty Midcap 150	104,102	0.2	2.19	56,630	2025-03-11	83.83%
Nippon India Nifty Midcap 150 Index Fund	99,353	0.2	2.09	56,630	2025-03-11	75.44%
Tata Nifty Midcap 150 Momentum 50 Index Fund	71,003	0.71	1.49	56,630	2025-03-11	25.38%
Mirae Asset Nifty Midcap 150 ETF	56,630	0.2	1.19	56,630	2025-03-11	0%
Edelweiss Nifty Midcap150 Momentum 50 Index Fund	43,565	0.71	0.92	56,630	2025-03-11	-23.07%
Motilal Oswal S&P BSE Enhanced Value Index Fund	31,202	0.37	0.66	56,630	2025-03-11	-44.9%
ICICI Prudential Nifty Midcap 150 Index Fund	27,758	0.2	0.58	56,630	2025-03-11	-50.98%
SBI Nifty Midcap 150 Index Fund	25,356	0.2	0.53	56,630	2025-03-11	-55.23%
ICICI Prudential Nifty Midcap 150 ETF	24,747	0.2	0.52	56,630	2025-03-11	-56.3%

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20
FaceValue	5.00	5.00	5.00	5.00	5.00
Basic EPS (Rs.)	6.77	6.36	1.18	9.95	8.75
Diluted EPS (Rs.)	6.77	6.36	1.18	9.95	8.75
Cash EPS (Rs.)	6.98	6.94	1.61	10.50	9.28
Book Value[Excl.RevalReserv]/Share (Rs.)	172.00	157.29	156.92	155.37	130.95
Book Value[Incl.RevalReserv]/Share (Rs.)	172.00	157.29	156.92	155.37	130.95
Revenue From Operations / Share (Rs.)	265.02	248.83	217.36	200.64	186.12
PBDIT / Share (Rs.)	9.25	8.34	1.79	13.24	10.77
PBIT / Share (Rs.)	8.89	7.84	1.26	12.61	10.20
PBT / Share (Rs.)	8.57	7.62	1.08	12.50	10.07
Net Profit / Share (Rs.)	6.62	6.44	1.08	9.88	8.71
NP After MI And SOA / Share (Rs.)	6.77	6.36	1.18	9.95	8.75
PBDIT Margin (%)	3.49	3.35	0.82	6.59	5.78
PBIT Margin (%)	3.35	3.15	0.57	6.28	5.48
PBT Margin (%)	3.23	3.06	0.49	6.22	5.40
Net Profit Margin (%)	2.49	2.58	0.49	4.92	4.68
NP After MI And SOA Margin (%)	2.55	2.55	0.54	4.96	4.70
Return on Networth / Equity (%)	3.94	4.05	0.75	6.41	6.69
Return on Capital Employeed (%)	3.22	3.28	0.52	5.39	5.91
Return On Assets (%)	1.03	1.06	0.20	1.77	1.86
Asset Turnover Ratio (%)	0.42	0.42	0.37	0.39	0.38
Current Ratio (X)	0.39	0.37	0.40	0.42	0.45
Quick Ratio (X)	0.39	0.37	0.40	0.42	0.45
Dividend Payout Ratio (NP) (%)	28.48	4.71	0.00	0.00	20.66
Dividend Payout Ratio (CP) (%)	27.05	4.37	0.00	0.00	19.40
Earning Retention Ratio (%)	71.52	95.29	0.00	0.00	79.34
Cash Earning Retention Ratio (%)	72.95	95.63	0.00	0.00	80.60
Interest Coverage Ratio (X)	28.53	38.13	9.80	113.99	79.31
Interest Coverage Ratio (Post Tax) (X)	21.42	30.43	6.93	86.05	65.16
Enterprise Value (Cr.)	23229.83	3633.13	5818.08	13698.02	7259.06
EV / Net Operating Revenue (X)	0.53	0.08	0.16	0.41	0.23
EV / EBITDA (X)	15.24	2.64	19.77	6.28	4.09
MarketCap / Net Operating Revenue (X)	0.85	0.38	0.51	0.76	0.60
Retention Ratios (%)	71.51	95.28	0.00	0.00	79.33
Price / BV (X)	1.33	0.61	0.71	0.99	0.85
Price / Net Operating Revenue (X)	0.85	0.38	0.51	0.76	0.60
EarningsYield	0.02	0.06	0.01	0.06	0.07

After reviewing the key financial ratios for New India Assurance Company Ltd (NIACL), here is a detailed analysis based on the latest available data and recent trends:

For FaceValue, as of Mar 24, the value is 5.00. This value is within the healthy range. There is no change compared to the previous period (Mar 23) which recorded 5.00.
For Basic EPS (Rs.), as of Mar 24, the value is 6.77. This value is within the healthy range. It has increased from 6.36 (Mar 23) to 6.77, marking an increase of 0.41.
For Diluted EPS (Rs.), as of Mar 24, the value is 6.77. This value is within the healthy range. It has increased from 6.36 (Mar 23) to 6.77, marking an increase of 0.41.
For Cash EPS (Rs.), as of Mar 24, the value is 6.98. This value is within the healthy range. It has increased from 6.94 (Mar 23) to 6.98, marking an increase of 0.04.
For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 172.00. It has increased from 157.29 (Mar 23) to 172.00, marking an increase of 14.71.
For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 172.00. It has increased from 157.29 (Mar 23) to 172.00, marking an increase of 14.71.
For Revenue From Operations / Share (Rs.), as of Mar 24, the value is 265.02. It has increased from 248.83 (Mar 23) to 265.02, marking an increase of 16.19.
For PBDIT / Share (Rs.), as of Mar 24, the value is 9.25. This value is within the healthy range. It has increased from 8.34 (Mar 23) to 9.25, marking an increase of 0.91.
For PBIT / Share (Rs.), as of Mar 24, the value is 8.89. This value is within the healthy range. It has increased from 7.84 (Mar 23) to 8.89, marking an increase of 1.05.
For PBT / Share (Rs.), as of Mar 24, the value is 8.57. This value is within the healthy range. It has increased from 7.62 (Mar 23) to 8.57, marking an increase of 0.95.
For Net Profit / Share (Rs.), as of Mar 24, the value is 6.62. This value is within the healthy range. It has increased from 6.44 (Mar 23) to 6.62, marking an increase of 0.18.
For NP After MI And SOA / Share (Rs.), as of Mar 24, the value is 6.77. This value is within the healthy range. It has increased from 6.36 (Mar 23) to 6.77, marking an increase of 0.41.
For PBDIT Margin (%), as of Mar 24, the value is 3.49. This value is below the healthy minimum of 10. It has increased from 3.35 (Mar 23) to 3.49, marking an increase of 0.14.
For PBIT Margin (%), as of Mar 24, the value is 3.35. This value is below the healthy minimum of 10. It has increased from 3.15 (Mar 23) to 3.35, marking an increase of 0.20.
For PBT Margin (%), as of Mar 24, the value is 3.23. This value is below the healthy minimum of 10. It has increased from 3.06 (Mar 23) to 3.23, marking an increase of 0.17.
For Net Profit Margin (%), as of Mar 24, the value is 2.49. This value is below the healthy minimum of 5. It has decreased from 2.58 (Mar 23) to 2.49, marking a decrease of 0.09.
For NP After MI And SOA Margin (%), as of Mar 24, the value is 2.55. This value is below the healthy minimum of 8. There is no change compared to the previous period (Mar 23) which recorded 2.55.
For Return on Networth / Equity (%), as of Mar 24, the value is 3.94. This value is below the healthy minimum of 15. It has decreased from 4.05 (Mar 23) to 3.94, marking a decrease of 0.11.
For Return on Capital Employeed (%), as of Mar 24, the value is 3.22. This value is below the healthy minimum of 10. It has decreased from 3.28 (Mar 23) to 3.22, marking a decrease of 0.06.
For Return On Assets (%), as of Mar 24, the value is 1.03. This value is below the healthy minimum of 5. It has decreased from 1.06 (Mar 23) to 1.03, marking a decrease of 0.03.
For Asset Turnover Ratio (%), as of Mar 24, the value is 0.42. There is no change compared to the previous period (Mar 23) which recorded 0.42.
For Current Ratio (X), as of Mar 24, the value is 0.39. This value is below the healthy minimum of 1.5. It has increased from 0.37 (Mar 23) to 0.39, marking an increase of 0.02.
For Quick Ratio (X), as of Mar 24, the value is 0.39. This value is below the healthy minimum of 1. It has increased from 0.37 (Mar 23) to 0.39, marking an increase of 0.02.
For Dividend Payout Ratio (NP) (%), as of Mar 24, the value is 28.48. This value is within the healthy range. It has increased from 4.71 (Mar 23) to 28.48, marking an increase of 23.77.
For Dividend Payout Ratio (CP) (%), as of Mar 24, the value is 27.05. This value is within the healthy range. It has increased from 4.37 (Mar 23) to 27.05, marking an increase of 22.68.
For Earning Retention Ratio (%), as of Mar 24, the value is 71.52. This value exceeds the healthy maximum of 70. It has decreased from 95.29 (Mar 23) to 71.52, marking a decrease of 23.77.
For Cash Earning Retention Ratio (%), as of Mar 24, the value is 72.95. This value exceeds the healthy maximum of 70. It has decreased from 95.63 (Mar 23) to 72.95, marking a decrease of 22.68.
For Interest Coverage Ratio (X), as of Mar 24, the value is 28.53. This value is within the healthy range. It has decreased from 38.13 (Mar 23) to 28.53, marking a decrease of 9.60.
For Interest Coverage Ratio (Post Tax) (X), as of Mar 24, the value is 21.42. This value is within the healthy range. It has decreased from 30.43 (Mar 23) to 21.42, marking a decrease of 9.01.
For Enterprise Value (Cr.), as of Mar 24, the value is 23,229.83. It has increased from 3,633.13 (Mar 23) to 23,229.83, marking an increase of 19,596.70.
For EV / Net Operating Revenue (X), as of Mar 24, the value is 0.53. This value is below the healthy minimum of 1. It has increased from 0.08 (Mar 23) to 0.53, marking an increase of 0.45.
For EV / EBITDA (X), as of Mar 24, the value is 15.24. This value exceeds the healthy maximum of 15. It has increased from 2.64 (Mar 23) to 15.24, marking an increase of 12.60.
For MarketCap / Net Operating Revenue (X), as of Mar 24, the value is 0.85. This value is below the healthy minimum of 1. It has increased from 0.38 (Mar 23) to 0.85, marking an increase of 0.47.
For Retention Ratios (%), as of Mar 24, the value is 71.51. This value exceeds the healthy maximum of 70. It has decreased from 95.28 (Mar 23) to 71.51, marking a decrease of 23.77.
For Price / BV (X), as of Mar 24, the value is 1.33. This value is within the healthy range. It has increased from 0.61 (Mar 23) to 1.33, marking an increase of 0.72.
For Price / Net Operating Revenue (X), as of Mar 24, the value is 0.85. This value is below the healthy minimum of 1. It has increased from 0.38 (Mar 23) to 0.85, marking an increase of 0.47.
For EarningsYield, as of Mar 24, the value is 0.02. This value is below the healthy minimum of 5. It has decreased from 0.06 (Mar 23) to 0.02, marking a decrease of 0.04.

Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of New India Assurance Company Ltd (NIACL) as of March 12, 2025 is: ₹43.57

Calculation basis:

Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of March 12, 2025, New India Assurance Company Ltd (NIACL) is Overvalued by 70.16% compared to the current share price 146.00

Intrinsic Value of New India Assurance Company Ltd (NIACL) as of March 12, 2025 is: 39.38

Calculation basis:

Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of March 12, 2025, New India Assurance Company Ltd (NIACL) is Overvalued by 73.03% compared to the current share price 146.00

Last 5 Year EPS CAGR: -9.62%

*Investments are subject to market risks

Strength and Weakness

Strength	Weakness
The stock has a low average Working Capital Days of -488.75, which is a positive sign. The stock has a low average Cash Conversion Cycle of 0.00, which is a positive sign. The company has higher reserves (22,520.23 cr) compared to borrowings (0.00 cr), indicating strong financial stability. The company has shown consistent growth in sales (25.85 cr) and profit (215.31 cr) over the years.	The stock has a low average ROCE of 1.50%, which may not be favorable.

Stock Analysis

Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in New India Assurance Company Ltd (NIACL):
1. Net Profit Margin: 2.49%
  - Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
2. ROCE: 3.22% (Industry Average ROCE: 11.53%)
  - ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
3. ROE%: 3.94% (Industry Average ROE: 9.1%)
  - ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
4. Interest Coverage Ratio (Post Tax): 21.42
  - Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
5. Quick Ratio: 0.39
  - Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
6. Stock P/E: 24.4 (Industry average Stock P/E: 28.65)
  - Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
7. Total Debt / Equity: 0
  - Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
Stock Rating:

About the Company - Qualitative Analysis

The New India Assurance Company Ltd. is a Public Limited Listed company incorporated on 23/07/1919 and has its registered office in the State of Maharashtra, India. Company's Corporate Identification Number(CIN) is L66000MH1919GOI000526 and registration number is 000526. Currently Company is involved in the business activities of Non-life insurance. Company's Total Operating Revenue is Rs. 43488.59 Cr. and Equity Capital is Rs. 824.00 Cr. for the Year ended 31/03/2024.

INDUSTRY	ADDRESS	CONTACT
Finance - Non Life Insurance	New India Assurance Building, No.87, M G Road, Mumbai Maharashtra 400001	investors@newindia.co.in http://www.newindia.co.in

Management
Name	Position Held
Ms. Girija Subramanian	Chairman & Managing Director
Mr. Titus Francis Maliakkel	Executive Director
Ms. Smita Srivastava	Executive Director
Mr. Surender Kumar Agarwal	Independent Director
Ms. Akani Devi	Independent Director
Mr. Ratan Kumar Das	Independent Director
Ms. Mandakini Balodhi	Government Nominee Director

FAQ

What is the latest intrinsic value of New India Assurance Company Ltd (NIACL)?

The latest intrinsic value of New India Assurance Company Ltd (NIACL) as on 12 March 2025 is 43.57, which is 70.16% lower than the current market price of 146.00, indicating the stock is overvalued by 70.16%. The intrinsic value of New India Assurance Company Ltd (NIACL) is calculated using PE ratio method. The stock has a market capitalization of ₹24,135 Cr. and recorded a high/low of ₹310/136 during the current fiscal year 2024-2025. As of Sep 2024, the company has reserves of ₹29,669 Cr and total liabilities of ₹111,364 Cr.

What is the Market Cap of New India Assurance Company Ltd (NIACL)?

The Market Cap of New India Assurance Company Ltd (NIACL) is 24,135 Cr..

What is the current Stock Price of New India Assurance Company Ltd (NIACL) as on 12 March 2025?

The current stock price of New India Assurance Company Ltd (NIACL) as on 12 March 2025 is ₹146.

What is the High / Low of New India Assurance Company Ltd (NIACL) stocks in FY 2024-2025?

In FY 2024-2025, the High / Low of New India Assurance Company Ltd (NIACL) stocks is ₹310/136.

What is the Stock P/E of New India Assurance Company Ltd (NIACL)?

The Stock P/E of New India Assurance Company Ltd (NIACL) is 24.4.

What is the Book Value of New India Assurance Company Ltd (NIACL)?

The Book Value of New India Assurance Company Ltd (NIACL) is 185.

What is the Dividend Yield of New India Assurance Company Ltd (NIACL)?

The Dividend Yield of New India Assurance Company Ltd (NIACL) is 1.39 %.

What is the ROCE of New India Assurance Company Ltd (NIACL)?

The ROCE of New India Assurance Company Ltd (NIACL) is 0.56 %.

What is the ROE of New India Assurance Company Ltd (NIACL)?

The ROE of New India Assurance Company Ltd (NIACL) is 1.19 %.

What is the Face Value of New India Assurance Company Ltd (NIACL)?

The Face Value of New India Assurance Company Ltd (NIACL) is 5.00.