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 last year's performance, which could lead to investor caution. A fall in revenue is likely to negatively impact the company's profitability, causing concern for shareholders who may view this as a signal of declining financial health.

Financial Ratios:

currentRatio 0.432000
forwardPE 8.301965
debtToEquity 0.000000
earningsGrowth 0.608000
revenueGrowth 0.137000
grossMargins 0.157410
operatingMargins 0.054510
trailingEps 8.580000
forwardEps 19.340000

With a current ratio of 0.432, NIACL may not have enough cash reserves and current assets to cover its short-term debts. This suggests potential liquidity concerns, as the company may struggle to meet its immediate financial obligations.
The New India Assurance Company Limited's positive earnings and revenue growth indicate that the company is well-positioned for business expansion. This growth suggests a strong financial trajectory, with The New India Assurance Company Limited expected to continue increasing its profits and revenue in the coming periods.
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 has consistently hovered near the lower end of price projections. This trend suggests that the stock is underperforming relative to analyst expectations, indicating a potential lack of momentum for upward movement in the near future.

Recommendation changes over time:

Recommendations trend for NIACL
Recommendations trend for NIACL


The New India Assurance Company Limited has been receiving a buy bias from analysts, indicating confidence in its investment potential. This could drive more investors to view The New India Assurance Company Limited as a reliable choice for their money, offering a promising avenue for future growth and financial gains.