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

With The New India Assurance Company Limited's revenues forecasted to be lower than last year's, investors are expected to be cautious. A decline in revenue typically harms the company's bottom line, reducing profitability and making investors less confident about the company's ability to sustain its financial health.

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

The New India Assurance Company Limited's current ratio being 0.385 highlights potential liquidity concerns, as the company may not have enough cash reserves and assets to cover short-term debts. This raises questions about how The New India Assurance Company Limited will meet its immediate financial obligations.
The New India Assurance Company Limited's Forward PE is in a reasonable range, indicating the stock is priced well relative to its earnings. The stock isn't overpriced, which leaves room for future growth, making it an attractive option for investors seeking value and long-term gains.
NIACL's low earnings and revenue growth point to a likely decrease in profits. This suggests that the company is facing financial difficulties and may struggle to maintain its current level of profitability.
The New India Assurance Company Limited's negative gross and operating margins indicate that the company is unprofitable, struggling to cover its production and operational costs. This reflects potential weaknesses in cost management or declining sales performance.
NIACL's forward EPS surpasses its trailing EPS, indicating that the company is expected to be more profitable in the current financial year. This reflects growing confidence in NIACL's earnings potential, suggesting stronger financial performance compared to the previous year.

Price projections:

Price projections for NIACL
Price projections for NIACL

NIACL's price projections have gradually increased over time, indicating that analysts are becoming more optimistic about the company's prospects. This suggests confidence in NIACL's ability to achieve future growth.

Recommendation changes over time:

Recommendations trend for NIACL
Recommendations trend for NIACL


Analysts' buy bias toward NIACL suggests the stock is seen as a solid investment, potentially motivating investors to consider it for their portfolios. With this positive outlook, NIACL is likely to be viewed as a secure place to allocate funds, driving further interest in the stock.