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 revenue forecasted to drop below last year's level, investors are expected to take a cautious stance. Such declines typically affect a company's bottom line, reducing profitability and making investors hesitant to invest heavily in the company until financial performance improves.

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 of 0.385 signals that the company may not have sufficient cash reserves and current assets to cover short-term debt. This suggests potential liquidity problems and could raise concerns about the company's ability to meet its immediate financial commitments.
NIACL's Forward PE being in a good range suggests that its stock price is aligned well with earnings. The stock is not considered overpriced, offering room for future growth, which makes it an appealing investment opportunity with the potential for value appreciation.
The New India Assurance Company Limited's low growth in both earnings and revenue signals a potential profit decline. This could be a sign of financial trouble, suggesting that the company's profitability might shrink in the near future.
NIACL's negative gross and operating margins suggest that the company is struggling to cover its production and operating costs, leading to losses. This reflects a weakened financial state and potential difficulties in sustaining profitability.
The New India Assurance Company Limited'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 The New India Assurance Company Limited'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 been consistently revised upward, suggesting that analysts are becoming increasingly optimistic about the company's future. This trend reflects confidence in NIACL's ability to achieve strong financial results.

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.