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 NIACL's revenue expected to be lower than the previous year, investors may become cautious. Declining revenues often negatively impact the bottom line, reducing profitability and raising concerns among investors about the company's ability to maintain strong financial performance moving forward.

Financial Ratios:

currentRatio 0.422000
forwardPE 15.390366
debtToEquity 0.000000
earningsGrowth 0.155000
revenueGrowth -0.003000
grossMargins 0.129020
operatingMargins 0.045180
trailingEps 6.280000
forwardEps 8.800000

NIACL's current ratio is 0.422, meaning its cash reserves and assets may not be enough to meet short-term debt obligations. This raises concerns about the company's liquidity and its ability to cover immediate financial commitments without additional financing.
NIACL's Forward PE being in a good range indicates that the stock is valued appropriately based on its earnings. This suggests the stock is not overpriced and leaves room for growth, providing investors with an opportunity for potential appreciation in value.
NIACL's forward EPS exceeding its trailing EPS means the company is expected to be more profitable this year than last. This suggests an upward trend in earnings, with forecasts indicating that NIACL's financial performance will improve in the current financial year.

Price projections:

Price projections for NIACL
Price projections for NIACL

The steady upward revision of The New India Assurance Company Limited's price projections indicates growing confidence in the company's future. Analysts are increasingly optimistic about The New India Assurance Company Limited's potential to deliver strong results and increased market value.

Recommendation changes over time:

Recommendations trend for NIACL
Recommendations trend for NIACL


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