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 revenues forecasted to be lower than last year's, investors are expected to be cautious. A decline in revenue typically harms the company's bottom line, reducing profitability and making investors less confident about the company's ability to sustain its financial health.

Financial Ratios:

currentRatio 0.000000
forwardPE 11.433054
debtToEquity 0.000000
earningsGrowth 0.090000
revenueGrowth 0.127000
grossMargins 0.143670
operatingMargins 0.045700
trailingEps 7.250000
forwardEps 14.340000

NIACL's Forward PE ratio suggests that the stock is priced appropriately in relation to its earnings. Not being overpriced, it offers room for growth, signaling potential upside for investors looking for a stock with reasonable valuation and growth potential.
The New India Assurance Company Limited's forward EPS exceeds its trailing EPS, indicating that the company is projected to be more profitable in the current financial year compared to the previous one. This suggests positive growth and improved earnings, signaling an optimistic outlook for The New India Assurance Company Limited's financial performance.

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 performance. Analysts are becoming increasingly optimistic about The New India Assurance Company Limited's future prospects and potential for growth.

Recommendation changes over time:

Recommendations trend for NIACL
Recommendations trend for NIACL


Analysts have shown a buy bias for The New India Assurance Company Limited, marking it as a favorable investment option. This could inspire investors to see The New India Assurance Company Limited as a strong place to park their money, given the positive outlook and growth potential associated with the stock in recent evaluations.