The New India Assurance Company Limited
The New India Assurance Company Limited, together with its subsidiaries, operates as a general insurance company in India and internationally. The company provides credit, engineering, aviation, property, personal accident, liability, marine cargo, marine hull, fire, travel, motor, health, employers liability, rural, product / public liability, other liability, social sector, and miscellaneous insurance products. It also offers crop, cattle, sheep, goat, poultry, horticulture/plantation, and micro insurance products, as well as insurance for agriculture solar pump sets. In addition, it offers bancassurance and reinsurance products, and government schemes. The New India Assurance Company Limited was incorporated in 1919 and is headquartered in Mumbai, India.
Valuation
Profitability
Returns
Solvency
AI Summary
Indian StockStrengths1
- Maintains healthy dividend payout of 30.0%
Concerns1
- Low return on equity of 3.5%
Rule-based from financial data. Not advice.
Monthly Returns
Year-to-Date ROI
Historical Volatility
Historical Performance
Revenue, profitability, and cash flow trends (βΉ Crores)
Revenue (10Y)
Operating Income (10Y)
Net Profit (10Y)
Operating Margin % (10Y)
Dividend Payout % (10Y)
Free Cash Flow (10Y)
Growth Summary
Latest fiscal year: Mar 2025
Historical Growth
Year-by-year revenue, profitability, and cash flow (βΉ Crores, last 10 years)
| Year | Revenue | Op. Income | Net Profit | CFO | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|---|
| Mar 2025 | βΉ43.17 K Cr | β | βΉ988.00 Cr | β | β | 3.5% | 0.2% | -12.5% |
| Mar 2024 | βΉ43.10 K Cr | β | βΉ1.13 K Cr | β | β | 4.0% | 5.6% | 7.0% |
| Mar 2023 | βΉ40.80 K Cr | β | βΉ1.05 K Cr | β | β | 4.1% | 14.5% | 543.3% |
| Mar 2022 | βΉ35.64 K Cr | β | βΉ164.00 Cr | β | β | 0.7% | 8.6% | -89.8% |
| Mar 2021 | βΉ32.83 K Cr | β | βΉ1.60 K Cr | β | β | 6.5% | 7.6% | 13.2% |
| Mar 2020 | βΉ30.52 K Cr | β | βΉ1.42 K Cr | β | β | 6.8% | 10.9% | 144.5% |
| Mar 2019 | βΉ27.51 K Cr | β | βΉ580.00 Cr | β | β | 2.5% | 39.7% | -73.6% |
| Mar 2018 | βΉ19.69 K Cr | β | βΉ2.20 K Cr | β | β | 9.1% | 1.9% | 118.4% |
| Mar 2017 | βΉ19.32 K Cr | β | βΉ1.01 K Cr | β | β | 5.0% | 27.9% | 7.8% |
| Mar 2016 | βΉ15.10 K Cr | β | βΉ935.00 Cr | β | β | 4.9% | 14.1% | -32.0% |
Financial Statements
Income statement, balance sheet, and cash flow (βΉ Crores, as reported)
Consolidated Figures in USD Millions.
| Unnamed: 0 | TTM |
|---|---|
| Revenue / Net Sales | 47,368 |
| Total Expenses | 46,447 |
| EBIT / Operating Profit | 921 |
| OPM % | 2% |
| Other Income | 179 |
| Finance Costs | 0 |
| Depreciation & Amortisation | 0 |
| Profit Before Tax | 1,100 |
| Tax % | - |
| Net Profit / PAT | 1,154 |
| EPS (βΉ) | 6.99 |
| Dividend Payout % | - |
Peer Comparison
Financials sector peers, ranked by market cap
| Company | Market Cap | Revenue | P/E | P/B | EV/EBITDA | Rev G 1Y |
|---|---|---|---|---|---|---|
| The New India Assurance Company Limitedthis co. | βΉ24.65 K Cr | βΉ43.17 K Cr | 21.40 | 0.89 | 13.11 | 0.2% |
| HDFC Bank Ltd. | βΉ14.43 L Cr | βΉ3.01 L Cr | 20.30 | 2.78 | β | 16.3% |
| ICICI Bank Ltd. | βΉ10.28 L Cr | βΉ1.63 L Cr | 20.70 | 3.32 | β | 14.3% |
| State Bank Of India | βΉ9.49 L Cr | βΉ4.62 L Cr | 13.30 | 1.83 | β | 11.4% |
| Bajaj Finance Limited | βΉ5.91 L Cr | βΉ61.95 K Cr | 36.80 | 6.33 | β | 32.0% |
| LIFE INSURANCE CORPORATION OF INDIA | βΉ5.26 L Cr | βΉ8.87 L Cr | 10.30 | 3.73 | 9.87 | 5.2% |
| Kotak Mahindra Bank Ltd. | βΉ4.24 L Cr | βΉ52.92 K Cr | 31.70 | 3.39 | β | 15.5% |
| Industry Average | β | βΉ30.80 K Cr | 45.91 | 4.87 | 70.91 | 14.6% |