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

Investors may be wary of NIACL as its revenues are expected to fall below the prior year's levels. A revenue decrease often leads to concerns about profitability, as it is likely to affect the company's bottom line, prompting investors to take a more cautious approach.

Financial Ratios:

currentRatio 0.000000
forwardPE 16.193878
debtToEquity 0.000000
earningsGrowth 0.676000
revenueGrowth 0.125000
grossMargins 0.125140
operatingMargins 0.030250
trailingEps 7.270000
forwardEps 8.800000

NIACL's Forward PE being in a reasonable range suggests the stock is fairly priced based on its earnings. The stock isn't overpriced, leaving room for growth, making it an attractive investment for those seeking opportunities for future value appreciation.
The New India Assurance Company Limited's positive earnings and revenue growth indicate that the company is on track to expand its business. This growth suggests a strong financial outlook, with increasing profits and sales positioning The New India Assurance Company Limited for continued success in the market.
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

NIACL's price has consistently been situated near the lower end of expected values. This ongoing trend may reflect investor skepticism about the company's growth potential and overall performance.

Recommendation changes over time:

Recommendations trend for NIACL
Recommendations trend for NIACL


NIACL has been receiving a buy bias from analysts, indicating confidence in its investment potential. This could drive more investors to view NIACL as a reliable choice for their money, offering a promising avenue for future growth and financial gains.