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 0.385000
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 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.
The New India Assurance Company Limited's Forward PE ratio is in a good range, reflecting a reasonable balance between stock price and earnings. The stock is not overpriced, leaving room for growth, which suggests potential for investors looking to capitalize on future value appreciation.
NIACL's low growth in earnings and revenue indicates that profits could shrink. This signals potential financial difficulties for the company, suggesting that its profitability might be under pressure.
The New India Assurance Company Limited's negative gross and operating margins suggest that the company is currently unprofitable, both in terms of production and overall operations. This could reflect rising costs or declining revenues, posing challenges for future profitability.
The New India Assurance Company Limited's forward EPS surpassing its trailing EPS signals that the company is anticipated to be more profitable this year than last. This growth expectation highlights The New India Assurance Company Limited's potential for increased earnings and a stronger financial performance in the upcoming year.

Price projections:

Price projections for NIACL
Price projections for NIACL

Over time, price projections for NIACL have gradually increased, reflecting rising confidence in the company's future performance. This upward trend suggests analysts expect NIACL to continue on a positive growth trajectory.

Recommendation changes over time:

Recommendations trend for NIACL
Recommendations trend for NIACL


Analysts' recent buy bias toward The New India Assurance Company Limited suggests the stock is gaining favor as a strong investment choice. This optimism could drive more investors to see The New India Assurance Company Limited as a smart place to invest, further bolstering confidence in the company's long-term growth and potential returns.