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New India Assurance

NSEI:NIACL
Snowflake Description

Excellent balance sheet, good value and pays a dividend.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
NIACL
NSEI
₹306B
Market Cap
  1. Home
  2. IN
  3. Insurance
Company description

The New India Assurance Company Limited, together with its subsidiaries, operates as a general insurance company in India and internationally. The last earnings update was 292 days ago. More info.


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NIACL Share Price and Events
7 Day Returns
-2.4%
NSEI:NIACL
-1.5%
IN Insurance
-1.9%
IN Market
1 Year Returns
-45.4%
NSEI:NIACL
-9.2%
IN Insurance
-2.8%
IN Market
NIACL Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
New India Assurance (NIACL) -2.4% 1.6% 3.2% -45.4% - -
IN Insurance -1.5% 5.2% 9.6% -9.2% 66.9% 92.3%
IN Market -1.9% 1.2% 5.1% -2.8% 38.3% 71%
1 Year Return vs Industry and Market
  • NIACL underperformed the Insurance industry which returned -9.2% over the past year.
  • NIACL underperformed the Market in India which returned -2.8% over the past year.
Price Volatility
Industry
5yr Volatility vs Market

NIACL Value

 Is New India Assurance undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for New India Assurance. This is due to cash flow or dividend data being unavailable. The share price is ₹184.7.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for New India Assurance's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are New India Assurance's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NSEI:NIACL PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-03-31) in INR ₹13.53
BSE:540769 Share Price ** BSE (2019-04-24) in INR ₹184.35
India Insurance Industry PE Ratio Median Figure of 9 Publicly-Listed Insurance Companies 38.36x
India Market PE Ratio Median Figure of 2,739 Publicly-Listed Companies 16.02x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of New India Assurance.

NSEI:NIACL PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= BSE:540769 Share Price ÷ EPS (both in INR)

= 184.35 ÷ 13.53

13.63x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • New India Assurance is good value based on earnings compared to the IN Insurance industry average.
  • New India Assurance is good value based on earnings compared to the India market.
Price based on expected Growth
Does New India Assurance's expected growth come at a high price?
Raw Data
NSEI:NIACL PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 13.63x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts
14.5%per year
India Insurance Industry PEG Ratio Median Figure of 8 Publicly-Listed Insurance Companies 2.65x
India Market PEG Ratio Median Figure of 586 Publicly-Listed Companies 1.32x

*Line of best fit is calculated by linear regression .

NSEI:NIACL PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 13.63x ÷ 14.5%

0.94x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • New India Assurance is good value based on expected growth next year.
Price based on value of assets
What value do investors place on New India Assurance's assets?
Raw Data
NSEI:NIACL PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-03-31) in INR ₹237.40
BSE:540769 Share Price * BSE (2019-04-24) in INR ₹184.35
India Insurance Industry PB Ratio Median Figure of 9 Publicly-Listed Insurance Companies 5.55x
India Market PB Ratio Median Figure of 3,630 Publicly-Listed Companies 1.09x
NSEI:NIACL PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= BSE:540769 Share Price ÷ Book Value per Share (both in INR)

= 184.35 ÷ 237.40

0.78x

* Primary Listing of New India Assurance.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • New India Assurance is good value based on assets compared to the IN Insurance industry average.
X
Value checks
We assess New India Assurance's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Insurance industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Insurance industry average (and greater than 0)? (1 check)
  5. New India Assurance has a total score of 4/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

NIACL Future Performance

 How is New India Assurance expected to perform in the next 1 to 3 years based on estimates from 2 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
14.5%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is New India Assurance expected to grow at an attractive rate?
  • New India Assurance's earnings growth is expected to exceed the low risk savings rate of 7.6%.
Growth vs Market Checks
  • New India Assurance's earnings growth is positive but not above the India market average.
  • New India Assurance's revenue growth is expected to exceed the India market average.
Annual Growth Rates Comparison
Raw Data
NSEI:NIACL Future Growth Rates Data Sources
Data Point Source Value (per year)
NSEI:NIACL Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts 14.5%
NSEI:NIACL Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 2 Analysts 11.7%
India Insurance Industry Earnings Growth Rate Market Cap Weighted Average 16.9%
India Insurance Industry Revenue Growth Rate Market Cap Weighted Average 15.2%
India Market Earnings Growth Rate Market Cap Weighted Average 18.3%
India Market Revenue Growth Rate Market Cap Weighted Average 11.7%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NSEI:NIACL Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (1 year ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below
All numbers in INR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NSEI:NIACL Future Estimates Data
Date (Data in INR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-03-31 352,435 28,952 2
2020-03-31 315,384 26,889 2
2019-03-31 277,639 14,562 2
NSEI:NIACL Past Financials Data
Date (Data in INR Millions) Revenue Cash Flow Net Income *
2018-03-31 251,191 4,248 21,899
2017-03-31 225,482 -1,236 10,460
2016-03-31 190,792 -16,053 8,517

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • New India Assurance's earnings are expected to grow by 14.5% yearly, however this is not considered high growth (20% yearly).
  • New India Assurance's revenue is expected to grow by 11.7% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NSEI:NIACL Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (1 year ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below

All data from New India Assurance Company Filings, last reported 1 year ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NSEI:NIACL Future Estimates Data
Date (Data in INR Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-03-31 17.60 17.60 17.60 1.00
2020-03-31 16.30 16.30 16.30 1.00
2019-03-31 11.80 11.80 11.80 1.00
NSEI:NIACL Past Financials Data
Date (Data in INR Millions) EPS *
2018-03-31 13.53
2017-03-31 6.54
2016-03-31 5.32

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • New India Assurance is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess New India Assurance's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the India market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the India market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
New India Assurance has a total score of 2/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

NIACL Past Performance

  How has New India Assurance performed over the past 5 years?

  • New India Assurance's last earnings update was 292 days ago.
The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare New India Assurance's growth in the last year to its industry (Insurance).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Insufficient data to establish if New India Assurance's year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare New India Assurance's 1-year earnings growth to the 5-year average due to insufficient past data.
  • New India Assurance's earnings growth has exceeded the IN Insurance industry average in the past year (109.4% vs 21.8%).
Earnings and Revenue History
New India Assurance's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from New India Assurance Company Filings, last reported 1 year ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NSEI:NIACL Past Revenue, Cash Flow and Net Income Data
Date (Data in INR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-03-31 251,190.70 21,898.85 35,831.87
2017-03-31 225,482.12 10,459.78 38,350.92
2016-03-31 190,792.18 8,517.21 35,629.42
2015-03-31 172,119.81 14,158.74 31,038.47
2014-03-31 142,611.77 8,299.44 26,740.39
2013-03-31 124,731.21 9,166.30 23,036.12

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • New India Assurance has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • New India Assurance used its assets more efficiently than the IN Insurance industry average last year based on Return on Assets.
  • New India Assurance has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess New India Assurance's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Insurance industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
New India Assurance has a total score of 3/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

NIACL Health

 How is New India Assurance's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up New India Assurance's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • New India Assurance's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • New India Assurance has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of New India Assurance's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • New India Assurance has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from New India Assurance Company Filings, last reported 1 year ago.

NSEI:NIACL Past Debt and Equity Data
Date (Data in INR Millions) Total Equity Total Debt Cash & Short Term Investments
2018-03-31 391,512.59 0.00 97,691.88
2017-03-31 364,344.25 0.00 90,056.42
2016-03-31 310,346.32 0.00 79,908.06
2015-03-31 345,410.15 0.00 101,951.81
2014-03-31 285,852.05 0.00 106,785.69
2013-03-31 255,900.95 0.00 87,905.33
  • New India Assurance has no debt.
  • New India Assurance has not taken on any debt in the past 5 years.
  • New India Assurance has no debt, it does not need to be covered by operating cash flow.
  • New India Assurance has no debt, therefore coverage of interest payments is not a concern.
X
Financial health checks
We assess New India Assurance's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. New India Assurance has a total score of 5/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

NIACL Dividends

 What is New India Assurance's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
2.71%
Current annual income from New India Assurance dividends. Estimated to be 3.92% next year.
If you bought ₹2,000 of New India Assurance shares you are expected to receive ₹54 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • New India Assurance's pays a higher dividend yield than the bottom 25% of dividend payers in India (0.51%).
  • New India Assurance's dividend is above the markets top 25% of dividend payers in India (1.95%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NSEI:NIACL Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below
India Insurance Industry Average Dividend Yield Market Cap Weighted Average of 8 Stocks 0.8%
India Market Average Dividend Yield Market Cap Weighted Average of 1400 Stocks 1.4%
India Minimum Threshold Dividend Yield 10th Percentile 0.3%
India Bottom 25% Dividend Yield 25th Percentile 0.5%
India Top 25% Dividend Yield 75th Percentile 2%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

NSEI:NIACL Future Dividends Estimate Data
Date (Data in ₹) Dividend per Share (annual) Avg. No. Analysts
2021-03-31 7.90 1.00
2020-03-31 6.54 1.00
2019-03-31 4.32 1.00
NSEI:NIACL Past Annualized Dividends Data
Date (Data in ₹) Dividend per share (annual) Avg. Yield (%)
2018-07-06 5.000 2.407
2018-05-11 5.000 1.525
2017-11-15 3.750 1.150
2017-11-13 1.938 0.552

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • It is too early to tell whether New India Assurance has stable dividend payments.
  • New India Assurance only just started paying a dividend, it is too early to tell if payments are increasing.
Current Payout to shareholders
What portion of New India Assurance's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (3.1x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be well covered by earnings (2.4x coverage).
X
Income/ dividend checks
We assess New India Assurance's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.3%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can New India Assurance afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. New India Assurance has a total score of 4/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

NIACL Management

 What is the CEO of New India Assurance's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Atul Sahai
AGE 56
TENURE AS CEO 0.3 years
CEO Bio

Shri Atul Sahai has been Director of Agriculture Insurance Company of India Ltd. since 2019. He has been Chairman and Managing Director of New India Assurance Company Ltd. since December 4, 2018. He has been a Non-Executive Director of GIC Housing Finance Limited since February 1, 2019. Shri Sahai served as a General Manager of The Oriental Insurance Company Limited since August 17, 2015 until 2018. Shri Sahai, a Post Graduate, is a Direct Recruit Officer of the 1984 batch and got his first joining at The New India Assurance Company Ltd. where he has handled many Departments till October 2012 like Personnel, Claims, Accounts, Development & Management of Business, Technical (U/W & Claims), I.T. (Project Manager), Investment Operations, Recruitment, HR etc. He joined Oriental Insurance Company Ltd. in 2012 as DGM and elevated to the cadre of General Manager in August 2015. Shri Sahai has been National Head for underwriting and claims for liability and miscellaneous Line of Buisness. He was instrumental in formulating policies in consultation with GIPSA for Personal lines Insurance Policies sold through the Banks named Pradhan Mantri Suraksha Bima Yojana.

CEO Compensation
  • Insufficient data for Atul to compare compensation growth.
  • Insufficient data for Atul to establish whether their remuneration is reasonable compared to companies of similar size in India.
Management Team Tenure

Average tenure and age of the New India Assurance management team in years:

2.1
Average Tenure
56
Average Age
  • The tenure for the New India Assurance management team is about average.
Management Team

C. Narambunathan

TITLE
GM & Whole Time Director
COMPENSATION
₹2M
AGE
59

Philip Scott

TITLE
Chief Underwriter - London
AGE
61

JAMES DEY

TITLE
Treaty Underwriter

Atul Sahai

TITLE
Chairman & MD
AGE
56
TENURE
0.3 yrs

S. Rajeswari

TITLE
GM & CFO
COMPENSATION
₹2M
AGE
56
TENURE
6.3 yrs

Elankumaran Ramasamy

TITLE
Chief Operating Officer
COMPENSATION
₹6M
AGE
54

Saligrama Shreeram

TITLE
Deputy GM & Chief Investment Officer
TENURE
0.7 yrs

Jayashree Nair

TITLE
Company Secretary & Chief Compliance Officer
COMPENSATION
₹1M
AGE
47
TENURE
6.5 yrs

Anjan Dey

TITLE
Chief Marketing Officer & GM
TENURE
0.7 yrs

Rajendra Joshi

TITLE
Chief of Internal Audit
AGE
56
TENURE
3.5 yrs
Board of Directors Tenure

Average tenure and age of the New India Assurance board of directors in years:

1.6
Average Tenure
59
Average Age
  • The average tenure for the New India Assurance board of directors is less than 3 years, this suggests a new board.
Board of Directors

Atul Sahai

TITLE
Chairman & MD
AGE
56
TENURE
0.3 yrs

Pikkili Murthy

TITLE
Independent Director
AGE
54
TENURE
1.7 yrs

Neelam Damodharan

TITLE
Independent Director
AGE
59
TENURE
1.7 yrs

C. Narambunathan

TITLE
GM & Whole Time Director
COMPENSATION
₹2M
AGE
59
TENURE
1.6 yrs

Sanjeev Chanana

TITLE
Independent Director
COMPENSATION
₹216K
AGE
65
TENURE
1.6 yrs

Samir Banerjee

TITLE
Independent Director
COMPENSATION
₹189K
AGE
77
TENURE
1.6 yrs

Kuldip Singh

TITLE
Independent Director
COMPENSATION
₹216K
AGE
63
TENURE
1.6 yrs

Debasish Panda

TITLE
Government Nominee Director
TENURE
0.9 yrs

Papia Sengupta

TITLE
Independent Director
AGE
59
TENURE
1.6 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (₹) Value (₹)
X
Management checks
We assess New India Assurance's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. New India Assurance has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

NIACL News

Simply Wall St News

The New India Assurance Company Limited (NSE:NIACL): The Best Of Both Worlds

I've been keeping an eye on The New India Assurance Company Limited (NSE:NIACL) because I'm attracted to its fundamentals. … Looking at the company as a whole, as a potential stock investment, I believe NIACL has a lot to offer. … company with a

Simply Wall St -

Some New India Assurance Shareholders Have Copped A Big 52% Share Price Drop

Unfortunately, shareholders of The New India Assurance Company Limited (NSE:NIACL) have suffered share price declines over the last year. … By comparing earnings per share (EPS) and and share price changes over time, we can get a feel for how investor attitudes to a company have morphed over time. … During the unfortunate twelve months during which the New India Assurance share price fell, it actually saw its earnings per share (EPS) improve by 107%.

Simply Wall St -

Why I Like The New India Assurance Company Limited (NSE:NIACL)

Attractive stocks have exceptional fundamentals. … In the case of The New India Assurance Company Limited (NSE:NIACL), there's … company with a

Simply Wall St -

What To Know Before Buying The New India Assurance Company Limited (NSE:NIACL) For Its Dividend

Does New India Assurance tick all the boxes of a great dividend stock? … 5 questions I ask before picking a dividend stock … Whenever I am looking at a potential dividend stock investment, I always check these five metrics:

Simply Wall St -

Read This Before Judging The New India Assurance Company Limited's (NSE:NIACL) ROE

With that in mind, this article will work through how we can use Return On Equity (ROE) to better understand a business. … To keep the lesson grounded in practicality, we'll use ROE to better understand The New India Assurance Company Limited (NSE:NIACL). … Over the last twelve months New India Assurance has recorded a ROE of 5.6%.

Simply Wall St -

Should You Be Tempted To Buy The New India Assurance Company Limited (NSE:NIACL) Because Of Its PE Ratio?

and want to start learning about core concepts of fundamental analysis on practical examples from today's market. … The New India Assurance Company Limited (NSE:NIACL) is trading with a trailing P/E of 15.2, which is lower than the industry average of 32.1. … Check out our latest analysis for New India Assurance

Simply Wall St -

Does The New India Assurance Company Limited's (NSE:NIACL) August Stock Price Reflect Its Future Growth?

The New India Assurance Company Limited (NSE:NIACL) closed yesterday at ₹264.2, which left some investors asking whether the high earnings potential can still be justified at this price. … View our latest analysis for New India Assurance? … New India Assurance's extremely high growth potential in the near future is attracting investors

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Does The New India Assurance Company Limited (NSE:NIACL) Have A Place In Your Portfolio?

The New India Assurance Company Limited (NSE:NIACL) has returned an average dividend yield of 1.00% annually to shareholders. … Does New India Assurance tick all the boxes of a great dividend stock? … Whenever I am looking at a potential dividend stock investment, I always check these five metrics:

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Is The New India Assurance Company Limited (NSE:NIACL) Attractive At Its Current PE Ratio?

I am writing today to help inform people who are new to the stock market. … and want to begin learning the link between The New India Assurance Company Limited (NSE:NIACL)’s fundamentals and stock market performance. … The New India Assurance Company Limited (NSE:NIACL) trades with a trailing P/E of 23.2x, which is lower than the industry average of 35.9x.

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What Makes The New India Assurance Company Limited (NSE:NIACL) An Attractive Investment?

In the case of The New India Assurance Company Limited (NSE:NIACL), there's. … is a company with great financial health as well as a. … For those interested in digger a bit deeper into my commentary,

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NIACL Company Info

Description

The New India Assurance Company Limited, together with its subsidiaries, operates as a general insurance company in India and internationally. The company provides marine cargo, marine hull, motor, personal accident, aviation, engineering, health, workmens’ compensation, travel, crop, machinery insurance, fire, office protection, shop keeper, loss of profit insurance, and standalone terrorism insurance products. It also offers reinsurance products. The New India Assurance Company Limited was founded in 1919 and is headquartered in Mumbai, India.

Details
Name: The New India Assurance Company Limited
NIACL
Exchange: NSEI
Founded: 1919
₹306,033,600,000
1,648,000,000
Website: http://www.newindia.co.in
Address: The New India Assurance Company Limited
New India Assurance Building,
87, Mahatma Gandhi Road,
Mumbai,
Maharashtra, 400001,
India
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
BSE 540769 Equity Shares Mumbai Stock Exchange IN INR 13. Nov 2017
NSEI NIACL Equity Shares National Stock Exchange of India IN INR 13. Nov 2017
Number of employees
Current staff
Staff numbers
17,874
New India Assurance employees.
Industry
Property and Casualty Insurance
Insurance
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/24 13:04
End of day share price update: 2019/04/24 00:00
Last estimates confirmation: 2019/04/10
Last earnings filing: 2018/07/06
Last earnings reported: 2018/03/31
Last annual earnings reported: 2018/03/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.