āagman

New India Assurance Company Ltd

NSE: NIACL
₹168.78
−₹5.23 (−3.01%)
NSE · 21 Oct 2026, close
NSE
As of 31 Mar 2026
Market Cap
₹29,593 Cr
CMP
₹168.78
52-wk High / Low
₹243 / 117
P/E
38.5
P/B
1.0
Book Value
₹173.0
Div Yield
0.84%
ROCE
4.0%
ROE
4.9%
Face Value
₹5
D/E
0.00

Price−10.5% over 1Y

āagman read

Computed by āagman
Derived from 12 years and 15 quarters of filings. Not reported by the company.
As of 21 Oct 2026
How we compute these
Piotroski F-Score
4
/ 9
4 of 9 F-score tests passed
Graham Number
₹135
√(22.5 × EPS × book value per share)
ROIC
1.2%
vs 11.2% sector median
Cash flow to profit
−3.20
CFO / PAT
Above 1.0 = operating cash flow exceeded reported profit
Margin change
−334
bps OPM YoY
Operating margin vs the same quarter last year
Sustainable growth
3.3%
ROE × earnings retention ratio
ROE stability
1.4
pp σ
Standard deviation of ROE across periods. Lower = more stable
Holder deltas
QoQ
pp
Prom +0.00FII −0.11DII +0.02
Latest quarter vs the previous one
Cash-accrual divergence
5.4%
of assets
Low = accruals track cash flow
Strengths
+Price trades above its 200-day moving average (1.0x)
Watch-outs
−Latest ROCE of 4% trails the sector median of 9.1%
−Price is 30.4% below its 52-week high
−Annualised volatility of 49.3% is in the high band (≥45%)

Peer comparison

Peers
NameP/EMar Cap ₹ CrROCE %ROE %

Quarterly results

Consolidated basis (as filed) · ₹ Cr · 13 quarters
As of 30 Jun 2026
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales9,90010,56711,36611,68610,41810,78610,70311,66411,71913,45012,06912,54411,900
Expenses9,55710,81310,50011,25210,14810,64610,60511,23911,53013,52411,86312,52512,105
Operating Profit343−24686643427014098426189−7420619−205
OPM %3.5%−2.3%7.6%3.7%2.6%1.3%0.9%3.7%1.6%−0.6%1.7%0.2%−1.7%
Other Income−254036219772029816642727
Interest0000000000000
Depreciation0000000000000
Profit before tax318−24286647027214110750239123372446−179
Net Profit261−1757223132439134935640255380580−239
EPS (₹)1.58−1.074.381.891.450.542.122.182.430.332.313.51−1.47

Profit & Loss

As of 30 Jun 2026
Consolidated · ₹ Cr · 12 years + TTM
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales13,35415,21520,23419,79827,66028,34333,06635,82141,00743,28543,54149,75849,962
Expenses17,10718,19520,69224,59027,94429,40630,93135,64439,72842,01742,55249,33250,016
Operating Profit−3,753−2,980−458−4,793−284−1,0632,1361771,2791,268989426−54
OPM %−28.1%−19.6%−2.3%−24.2%−1.0%−3.8%6.5%0.5%3.1%2.9%2.3%0.9%−0.1%
Other Income5,4874,0631,7047,6011,0502,81627876020384888717
Interest34612000000000
Depreciation28344774909310387825951810
Profit before tax1,7031,0451,1942,7226771,6592,0601781,2561,4121,0221,233663
Net Profit1,4129591,0502,1906101,4471,6451981,0501,1201,0381,417776
EPS (₹)8.856.016.5413.293.678.759.951.186.366.776.298.574.68

Balance Sheet

As of 30 Jun 2026
Consolidated · ₹ Cr
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026Jun 2026
Equity Capital200200200412824824824824824824824824—
Reserves20,03519,42620,48424,22823,30320,72124,73224,98125,04027,47228,17127,707—
Borrowings000000000000—
Other Liabilities42,72644,78049,47351,09456,42655,70766,91470,69172,35979,15080,77681,817—
Total Liabilities62,96164,40770,15775,73480,55377,25292,47096,49698,2231,07,4461,09,7711,10,349—
Fixed Assets302350399560561558547563564471533520—
CWIP0155733452516181420613—
Investments45,36544,97251,90756,02459,80152,02967,02571,31974,36082,06980,94278,160—
Other Assets17,29319,06917,79519,11720,14724,64024,88324,59723,28524,88628,29031,657—
Total Assets62,96164,40770,15775,73480,55377,25292,47096,49698,2231,07,4461,09,7711,10,349—

Cash Flows

As of 31 Mar 2026
Consolidated · ₹ Cr
Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity—847−1,605−124425−1,334−967777−4,052−5,855−4,672−3,390−4,532
Cash from Investing Activity—−1,3457411,340−4942,3372,825−3344,9005,7017,2033,2852,050
Cash from Financing Activity—−208−366−3071,125−476−30077−6−65−326−343−297
Net Cash Flow—−706−1,2299101,0565271,558520842−2192,206−448−2,778

Ratios

As of 31 Mar 2026
13 periods
Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
ROCE %−1.01.0−2.03.02.0−1.07.09.01.0−2.05.04.04.0
ROE %————————————4.9
EPS (₹)20.758.856.016.5413.293.678.759.951.186.366.776.294.68
Book Value (₹)————————————173.0
Face Value (₹)————————————5
P/E————————————38.5
Div Yield %————————————0.84
NPM %7.57.55.04.88.02.14.65.00.62.62.62.42.8
OPM %−31.0−28.0−20.0−2.3−24.0−1.0−3.86.00.53.12.92.30.9
D/E0.000.000.000.000.000.000.000.000.000.000.000.000.00
P/B————————————1.0

Growth

As of 18 Oct 2026
Compounded sales growth
10 years+13.0%
5 years+9.0%
3 years+7.0%
TTM+11.0%
Compounded profit growth
10 years+21.0%
5 years−3.0%
3 years+99.0%
TTM−36.0%
Stock price CAGR
5 years+2.0%
3 years+8.0%
Last year−4.0%
Return on equity
10 years3.0%
5 years3.0%
3 years4.0%
Last year5.0%

Shareholding pattern

As of 30 Sep 2026
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026
Promoters85.44%85.44%85.44%85.44%85.44%85.44%85.44%85.44%85.44%85.44%85.44%85.44%85.44%85.44%
FIIs0.13%0.13%0.77%0.81%0.80%0.86%0.84%0.91%1.01%1.01%1.00%1.01%1.02%0.91%
DIIs13.43%13.43%11.71%11.76%11.64%11.28%11.18%11.20%11.18%11.18%11.15%11.17%11.17%11.19%
Government——————————————
Public1.00%1.00%2.09%1.98%2.12%2.43%2.55%2.45%2.37%2.37%2.40%2.39%2.36%2.44%
No. of shareholders1,00,1021,00,1021,26,3661,41,7341,50,9831,56,7671,62,8031,62,1441,58,0781,61,8091,58,8181,55,5861,66,7681,66,241
Change since Jun 2023 (pp)
Promoters +0.00FIIs +0.78DIIs −2.24Public +1.44

Documents

As of 18 Oct 2026
Announcements
Clarification-Volume Movement LetterClarification sought from The New India Assurance Company LtdCompliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018Announcement under Regulation 30 (LODR)-Change in ManagementAnnouncement under Regulation 30 (LODR)-Change in Management
Annual reports
Annual Report 2026Annual Report 2025Annual Report 2024Annual Report 2023Annual Report 2022
Credit ratings
Rating updateRating updateRating updateRating updateRating update
Concalls
Jul 2026PPTMay 2026TranscriptMay 2026PPTMay 2026RecordingFeb 2026TranscriptFeb 2026PPTFeb 2026PPTJan 2026PPT

Corporate actions

As of 10 Jul 2026
10 Jul 2026DIVIDENDDividend - Rs 1.50 Per Share—
4 Sep 2025DIVIDENDDividend - Rs 1.80 Per Share—
6 Sep 2024DIVIDENDDividend - Rs 2.06 Per Share—
8 Sep 2023DIVIDENDDividend - Rs 1.93 Per Share—
25 Aug 2022DIVIDENDDividend - Rs 0.30 Per Share—
18 Jul 2019DIVIDEND Dividend - Rs 1.50 Per Share—
27 Jun 2018BONUS Bonus 1:1/ Dividend- Rs 5 Per Share—
29 Nov 2017DIVIDEND Interim Dividend - Rs 3.75 Per Share—
Fundamentals from a third-party compiler of exchange filings; prices from the exchanges.© 2026 āagman