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

The projected decline in The New India Assurance Company Limited's revenues compared to last year is expected to make investors cautious. A drop in revenue often has a direct negative effect on the company's bottom line, signaling potential challenges that could undermine investor confidence and reduce overall profitability.

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.
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.
NIACL's low growth in both earnings and revenue indicates potential profit shrinkage. This downward trend could be a sign of weakening financial health, signaling challenges for the company's future profitability.
The New India Assurance Company Limited's negative gross and operating margins indicate that the company is currently unprofitable at both the production and operational levels. This suggests significant challenges in managing costs and generating revenue, which could impact its overall financial health.
NIACL's forward EPS is higher than its trailing EPS, suggesting the company is expected to improve its profitability this financial year. This reflects growing confidence in NIACL's earnings potential, with forecasts indicating better financial performance than in the prior year.

Price projections:

Price projections for NIACL
Price projections for NIACL

The steady upward revision of NIACL's price projections indicates growing confidence in the company's performance. Analysts are becoming increasingly optimistic about NIACL's future prospects and potential for growth.

Recommendation changes over time:

Recommendations trend for NIACL
Recommendations trend for NIACL


The recent buy bias for The New India Assurance Company Limited from analysts signals strong confidence in the stock's potential. This positive sentiment could encourage investors to see The New India Assurance Company Limited as a smart place to invest their money, especially those looking for stable, long-term returns in a well-established company.