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The New India Assurance Company Limited (NIACL.NS)

INR183.62 +4.15 (+2.31%)
IN NSE Financial Services Insurance - Diversified
Address New India Assurance Building 400001
Mumbai, IN
CEO David Griffiths
IPO 2017-11-13
ISIN INE470Y01017

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Also trades on Bombay Stock Exchange · NIACL.BO (INR) National Stock Exchange of India · NIACL.NS (INR)
Description

The New India Assurance Company Limited, operating with its subsidiaries, functions as a global general insurance provider, serving markets both within India and internationally. Its extensive portfolio encompasses a broad spectrum of insurance products, including marine (cargo and hull), motor, health, travel, and home and contents coverage. The company also offers tailored solutions for businesses and SMEs, alongside a variety of personal, industrial, and rural insurance policies. Specialized offerings further include machinery, aviation, engineering, liability, fire, burglary, crop, and personal accident insurance, complementing its comprehensive property protection plans. Additionally, it provides reinsurance services. Established in 1919, the company's headquarters are located in Mumbai, India.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
INR183.62 +4.15 (+2.31%)
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Volume Profile
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Liquidity & share structure
Average Volume
9M
Beta
1.11
Float Shares
240.00M
Free Float %
14.6%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
-2.14% -3.25% +2.52% +3.27% -13.83% +2.45% -5.31% +38.76% +3.49% -56.09% -56.09%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
183.62
DCF (Unlevered) 132.85 -27.6%
Ratings Trend (MoM) 67% Bullish
Rating 2026-05 Change
Strong Buy 2 0
Buy 0 0
Hold 1 0
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
0.89
Distress
Piotroski F-Score
3 / 9
Average
MOAT Score
5 / 10
Developing
Composite Rating
D+
Overall Score
1 / 5
Low
DCF Score
1 / 5
Low
ROE Score
1 / 5
Low
ROA Score
1 / 5
Low
D/E Score
1 / 5
Low
P/E Score
1 / 5
Low
P/Book Score
1 / 5
Low
Operational MOAT
✗ Below peers
  • Revenue growth
    -0.5% Q1'26: +6.2% (vs Q1'25)
  • EPS growth
    -7.1% Q1'26: +61.0% (vs Q1'25)
  • FCF margin
    +2.2% Q1'26: -31.6% (vs Q1'25)
  • EBIT margin
    +2.6% Q1'26: +3.6% (vs Q1'25)
  • ROIC
    +4.0% Q1'26: +6.6% (vs Q1'25)
  • Share dilution
    +0.0% Q1'26: +0.6% (vs Q1'25)
  • Debt / EBITDA
    0.00× Q1'26: 0.00× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (1.75) × ERP
WACC = 100% × Ke + 0% × Kd (4.1%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 126.39 Current price: 183.62
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Mar 2018
actual
Mar 2019
actual
Mar 2020
actual
Mar 2021
actual
Mar 2022
actual
Mar 2023
actual
Mar 2024
actual
Mar 2025
actual
Mar 2026
1 Rev. Ana.
1 EPS Ana.
Mar 2027
1 Rev. Ana.
1 EPS Ana.
Mar 2028
1 Rev. Ana.
1 EPS Ana.
Revenue
251.12B
est: 234.55B (+7.1%)
276.75B
est: 277.44B (-0.2%)
307.95B
est: 291.38B (+5.7%)
336.03B
est: 330.70B (+1.6%)
365.32B
est: 368.50B (-0.9%)
418.35B
est: 391.71B (+6.8%)
442.69B
est: 439.67B (+0.7%)
440.64B
est: 438.61B (+0.5%)
443.18B
443.18B – 443.18B
+1.0% YoY
479.95B
479.95B – 479.95B
+8.3% YoY
522.99B
522.99B – 522.99B
+9.0% YoY
EBITDA
28.10B
est: 8.43B (+233.4%)
8.68B
est: 34.05B (-74.5%)
19.28B
est: 18.33B (+5.2%)
24.89B
est: 42.28B (-41.1%)
3.48B
est: 48.54B (-92.8%)
14.58B
est: 55.58B (-73.8%)
15.31B
est: 15.80B (-3.1%)
11.74B
est: 15.76B (-25.5%)
15.93B
15.93B – 15.93B
+1.0% YoY
17.25B
17.25B – 17.25B
+8.3% YoY
18.79B
18.79B – 18.79B
+9.0% YoY
EBIT
27.34B
est: 7.39B (+270.1%)
6.88B
est: 18.37B (-62.5%)
16.82B
est: -4.10B (+510.2%)
20.85B
est: 4.52B (+361.3%)
2.12B
est: 5.19B (-59.1%)
12.94B
est: 5.94B (+117.8%)
14.72B
est: 13.85B (+6.3%)
11.23B
est: 13.82B (-18.7%)
13.96B
13.96B – 13.96B
+1.0% YoY
15.12B
15.12B – 15.12B
+8.3% YoY
16.47B
16.47B – 16.47B
+9.0% YoY
Net Income
21.90B
est: 26.09B (-16.1%)
6.05B
est: 21.48B (-71.9%)
14.42B
est: 6.56B (+119.9%)
16.40B
est: 15.26B (+7.5%)
1.95B
est: 17.52B (-88.9%)
10.48B
est: 11.74B (-10.8%)
11.16B
est: 10.94B (+2.0%)
10.37B
est: 11.08B (-6.5%)
11.54B
11.54B – 11.54B
+4.1% YoY
13.18B
13.18B – 13.18B
+14.3% YoY
16.48B
16.48B – 16.48B
+25.0% YoY
SGA
35.84B
est: 884.29M (+3,952.7%)
41.14B
est: 29.21B (+40.8%)
38.97B
est: 40.64B (-4.1%)
54.73B
est: 37.93B (+44.3%)
40.98B
est: 43.55B (-5.9%)
46.99B
est: 49.87B (-5.8%)
54.14B
est: 52.43B (+3.3%)
38.14B
est: 52.30B (-27.1%)
52.85B
52.85B – 52.85B
+1.0% YoY
57.23B
57.23B – 57.23B
+8.3% YoY
62.36B
62.36B – 62.36B
+9.0% YoY
EPS
13.40
est: 15.83 (-15.4%)
3.67
est: 6.59 (-44.3%)
8.75
est: 9.16 (-4.5%)
9.95
est: 9.99 (-0.4%)
1.18
est: 5.97 (-80.2%)
6.36
est: 6.44 (-1.2%)
6.77
est: 6.64 (+2.0%)
6.29
est: 6.73 (-6.5%)
7.00
7.00 – 7.00
+4.1% YoY
8.00
8.00 – 8.00
+14.3% YoY
10.00
10.00 – 10.00
+25.0% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-12 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-05-11 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-05-08 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-05-07 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-05-06 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-05-05 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-05-04 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-04-30 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-04-29 D+ 1/5 1/5 1/5 1/5 1/5 2/5 1/5
2026-04-28 D+ 1/5 1/5 1/5 1/5 1/5 2/5 1/5
2026-04-27 D+ 1/5 1/5 1/5 1/5 1/5 2/5 1/5
2026-04-24 D+ 1/5 1/5 1/5 1/5 1/5 2/5 1/5
2026-04-23 D+ 1/5 1/5 1/5 1/5 1/5 2/5 1/5
2026-04-22 D+ 1/5 1/5 1/5 1/5 1/5 2/5 1/5
2026-04-21 D+ 1/5 1/5 1/5 1/5 1/5 2/5 1/5
2026-04-20 D+ 1/5 1/5 1/5 1/5 1/5 2/5 1/5
2026-04-17 D+ 1/5 1/5 1/5 1/5 1/5 2/5 1/5
2026-04-16 D+ 1/5 1/5 1/5 1/5 1/5 2/5 1/5
2026-04-15 D+ 1/5 1/5 1/5 1/5 1/5 2/5 1/5
2026-04-13 D+ 1/5 1/5 1/5 1/5 1/5 2/5 1/5
2026-04-10 D+ 1/5 1/5 1/5 1/5 1/5 2/5 1/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
-40.62B
OE per share TTM
-24.80
Owner's Yield
-15.46%
Maintenance CapEx ratio
6.05%
Maint CapEx / Avg PPE
1.4%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
940.5K
Shares Outstanding
1.65B

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
David Griffiths Chief Executive Officer of London male
Elankumaran Ramasamy Chief Operating Officer male
Girija Subramanian Chairman & MD female
Hemendra Swaroop Deputy General Manager male
James Day Chief Underwriter - Treaty male
Jayashree Nair GM & Chief Compliance Officer female
Phillip Scott Chief Under Writer - Facultative male
Pooran Kumar Tulsiani Deputy GM & Chief Investment Officer male
Prashant Kumar Biswas GM & Chief Marketing Officer male
Vimal Kumar Jain Chief Financial Officer & Deputy GM male
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits