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 is projected to decrease from last year, a development that could lead investors to adopt a more cautious approach. A revenue decline can negatively affect profitability, signaling challenges for the company and making it less attractive for those seeking solid financial performance.

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

The New India Assurance Company Limited's Forward PE is within a good range, showing that the stock price compares well to its earnings. This suggests it isn't overpriced and leaves room for growth, making the stock appealing to investors looking for value and growth opportunities.
The New India Assurance Company Limited's positive earnings and revenue growth reflect a strong outlook for the company's business expansion. The company is expected to continue growing, with increasing profitability and sales driving further growth in the near future.
The New India Assurance Company Limited's forward EPS being higher than its trailing EPS suggests that the company is expected to generate stronger profits this year. This points to improving financial performance, with The New India Assurance Company Limited anticipated to deliver better earnings than it did in the prior year.

Price projections:

Price projections for NIACL
Price projections for NIACL

NIACL's price has frequently been situated near the lower end of analysts' projections. This trend indicates that the stock is struggling to meet expectations, which could signal a need for improvements in performance or investor confidence.

Recommendation changes over time:

Recommendations trend for NIACL
Recommendations trend for NIACL


The New India Assurance Company Limited has recently received a buy bias from analysts, indicating that the stock is being perceived as a favorable investment. This positive sentiment could encourage investors to see The New India Assurance Company Limited as a wise place to allocate their funds, potentially leading to increased interest in the company's stock.