Overall Fundamental outlook

Business Operations:

Sector: Financial Services
Industry: Insurance - Diversified

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, motor, health, 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, the company provides insurance for home and contents, animal driven carts, and pedal cycles. Further, 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.

Revenue projections:

Revenue projections for NIACL
Revenue projections for NIACL

NIACL's revenue projections indicate a decrease from the prior year, which may make investors hesitant. A revenue decline could harm the company's bottom line, prompting investors to be more careful, as lower earnings often signal potential issues with profitability and future performance.

Financial Ratios:

currentRatio 0.385000
forwardPE 12.078103
debtToEquity 0.000000
earningsGrowth -0.389000
revenueGrowth 0.247000
grossMargins 0.129030
operatingMargins 0.009750
trailingEps 7.060000
forwardEps 8.800000

NIACL's current ratio being 0.385 suggests its cash reserves and current assets may not be adequate to cover short-term debt. This raises concerns about liquidity, indicating that NIACL might face challenges in meeting its immediate financial commitments.
The New India Assurance Company Limited's Forward PE ratio suggests that the stock is priced appropriately in relation to its earnings. Not being overpriced, it offers room for growth, signaling potential upside for investors looking for a stock with reasonable valuation and growth potential.
NIACL's low earnings and revenue growth highlight a potential decline in profitability. This suggests that the company's financial health may be weakening, and profits could shrink as a result.
NIACL's negative gross and operating margins indicate that the company is operating at a loss. This reflects an inability to cover production costs and operational expenses, which could undermine its financial stability.
With a forward EPS greater than its trailing EPS, The New India Assurance Company Limited is expected to see higher profitability this year. The forecasted increase in earnings reflects optimism about the company's financial growth and potential for improved performance over the prior year.

Price projections:

Price projections for NIACL
Price projections for NIACL

Price projections for The New India Assurance Company Limited have steadily increased, reflecting growing optimism about the company's future. This trend suggests that analysts believe The New India Assurance Company Limited is well-positioned for continued success.

Recommendation changes over time:

Recommendations trend for NIACL
Recommendations trend for NIACL


A recent buy bias from analysts toward The New India Assurance Company Limited may inspire confidence in investors, who could view the stock as a promising investment. This positive sentiment suggests that The New India Assurance Company Limited might be an appealing option for those looking to grow their wealth through stock market investments.