NIACL · The New India Assurance Company Ltd · Insurance (Miscellaneous)
NIACL · The New India Assurance Company Ltd · Insurance (Miscellaneous)
As of 06 Nov close
52-week range
35.1% below 52-week high
52-week range: as of 06 Nov 2026 close.
Price chartDaily closes on the stock page.
Weighted combination of 8 measured readings. Not a probability, a rating or a forecast.
Full signal detail →Fundamentals as of 16 Oct 2026
Revenue (latest Q)
₹11,300 Cr
Revenue YoY
PAT YoY
-160.6%
Operating margin
Revenue, last 5 quarters
P/E (TTM)
P/B
0.8
P/S (TTM)
Not available from data source
Sector P/E
Not available from data source
Dividend yield
+0.9%
Source: Yahoo Finance, as of 29 Oct 2026
| Company | P/E | P/B | Net margin | ROE | D/E | Div. yield |
|---|---|---|---|---|---|---|
| NIACL (this stock) | 35.6 | 0.8 | +1.6% | +2.0% | 0 | +0.9% |
| Iirm Holdings India | 40.2 | 6.3 | Not available from data source | Not available from data source | Not available from data source | Not available from data source |
Promoter
stable
FII
falling 1q
MF
0.12% (+0.02pp)
stable
Insider trades
No insider trades in the last 12 months.
Bulk/block deals
No bulk/block deals in the last 12 months.
News timeline
- loweconomictimes.indiatimes.com· 24 Sept 2026, 12:28 pmBuilding Resilient Businesses: The Role of Insurance in Indias MSME Growth Manoj Bora - The Economic Times Video
- lowbusiness-standard.com· 17 Sept 2026, 02:30 pmNSE IPO impact: IFCI, New India Assurance, GIC RE shares rally up to 9%
- lowtimesofindia.indiatimes.com· 17 Sept 2026, 01:18 pmNSE IPO opens for subscription: From GMP to market cap & global comparison - top 10 things to know
- loweconomictimes.indiatimes.com· 17 Sept 2026, 06:43 amCan NSE IPO deliver long-term growth for high-risk investors?
- loweconomictimes.indiatimes.com· 15 Sept 2026, 01:05 pmNSE IPO jackpot: 10 PSUs could pocket Rs 12,802 crore from stake sale
- unknownbusiness-standard.com· 11 Sept 2026, 02:06 pmNSE IPO: SBI, BoB among 10 shareholders set to pocket ₹16,500 crore profit
- unknownbusiness-standard.com· 08 Sept 2026, 12:57 pmNIACL, IFCI stocks slide up to 14% amid profit booking, NSE IPO GMP dip
- mediumregulatoryrediff.com· 04 Sept 2026, 07:26 pmNSE gets regulatory nod for Rs 30,000 cr IPO, the biggest so far
- unknowneconomictimes.indiatimes.com· 03 Sept 2026, 11:16 amIFCI shares rally over 16% in two days as NSE IPO draws closer
- unknowneconomictimes.indiatimes.com· 28 Aug 2026, 05:42 amClose to clearing NSE IPO: Sebi Chief Tuhin Kanta Pandey
- unknowneconomictimes.indiatimes.com· 27 Aug 2026, 08:55 pmNSE IPO: Sebi approval likely soon, says chairman Tuhin Kanta Pandey
Concalls & investor presentations
AI-generatedKey takeaway: The investor presentation for The New India Assurance Company Limited for the quarter ended June 30, 2026, reported a challenging environment for the Indian general insurance industry, with a 27.8% decline in property premiums impacting overall growth. Management noted a muted Gross Written Premium (GWP) growth of 2.9% due to pressures in the Motor Third Party segment, which faced claim inflation and no premium increases. The solvency ratio was reported at a healthy 1.80x, with investment assets valued at Rs. 99,980 crores. The presentation highlighted a focus on diversifying the business mix towards retail and MSME segments, alongside launching innovative products. Key IT initiatives included enhanced customer service through AI and a revamped website. The company maintained a market share increase from 12.74% to 14.45% in the domestic market, despite the industry's overall growth of 10.9%.
The presentation conveyed both challenges faced by the company and positive initiatives being undertaken.
Sourced from an exchange-filed presentation, dated 24 Jul 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: The New India Assurance Company Limited held its earnings conference call on May 14, 2026, to discuss its financial and operational performance for Q4 and FY26. Management reported a gross written premium of INR 47,174 crores for FY26, reflecting an 8.15% increase from the previous year, with a net profit after tax of INR 1,384 crores, a 40% rise year-on-year. The company achieved a gross domestic premium growth of 10.9%, outpacing the industry growth of 9.3%. Management highlighted the introduction of innovative products and a focus on the MSME sector, which saw a 25% growth in premiums. The incurred claim ratio for FY26 was reported at 98.65%, influenced by higher claims in the aviation and motor segments. The company maintained a strong solvency ratio of 1.84 times, above regulatory requirements. Management expressed commitment to sustainable growth and operational efficiency while navigating a competitive landscape.
The document presented a balanced view of the company's performance and strategic initiatives.
Sourced from an exchange-filed transcript, dated 19 May 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: The investor presentation for The New India Assurance Company Limited reported strong financial results for the year ended March 31, 2026. Management highlighted an 8.2% growth in gross written premium and a 40% increase in profit after tax. The company's market share rose from 12.56% to 12.74%, outpacing the general insurance industry's growth of 9.3%. However, the incurred claim ratio was affected by a higher loss ratio in the Motor Third Party segment and losses in aviation. Management noted that the solvency ratio remained healthy at 1.84x. The presentation outlined key initiatives for FY26, including launching new products focused on retail and MSME segments, and enhancing IT capabilities for customer service. Overall, management expressed optimism about growth prospects in FY27.
Management emphasized strong financial performance and growth initiatives.
Sourced from an exchange-filed presentation, dated 11 May 2026. Summary is RedixFi-generated and distinct from investment advice.
AI Summary of Annual Report
AI-generatedThe New India Assurance Company Limited (NIACL) reported a decline in gross direct premium income for FY2022-23, with Fire, Marine, and Miscellaneous segments showing negative growth. The company faced material weaknesses in internal controls, including pending reconciliations of balances with co-insurers and reinsurers, and incomplete audits of health claims processed by TPAs. A significant penalty of ₹25,107.00 Lakhs was imposed by the Competition Commission of India (CCI) in 2015-16, later reduced to ₹20.00 Lakhs, which was paid in January 2017. The company is still awaiting the outcome of CCI's appeal to the Apex Court. Additionally, there is a pending disclosure regarding payments to micro and small enterprises as required by the Micro, Small and Medium Enterprises Development Act, 2006.
- Gross direct premium income declined across Fire, Marine, and Miscellaneous segments in FY2022-23.
- Material weaknesses in internal controls, including pending reconciliations and incomplete audits of health claims.
- A ₹25,107.00 Lakhs penalty imposed by CCI in 2015-16, reduced to ₹20.00 Lakhs and paid in 2017, with ongoing appeal in Apex Court.
- Pending disclosure of payments to micro and small enterprises under the Micro, Small and Medium Enterprises Development Act, 2006.
Key takeaway: NIACL faces financial performance decline, internal control weaknesses, and unresolved legal penalties, which pose risks to its operational and regulatory compliance.
The following annual report excerpts provide qualitative strategic context. Do not treat any specific financial figures in these excerpts as authoritative — they may be incorrectly labeled due to PDF table extraction limitations. For precise financial data, refer to the structured fundamentals data above.
Governance disclosures
AI-generatedNeeds attention
Auditor Qualification (2 items); Regulatory Action (2 items); Default / Covenant Breach (2 items)
Items of these kinds are disclosed in the filings. This is a count of disclosed items. It is not a finding about the company and its cause has not been independently established.
Auditor Qualification
2 occurrencesRecent (last 12 months)
The auditors issued a qualified opinion on the Standalone Financial Statements of The New India Assurance Company Limited for the year ended March 31, 2026, due to the effects of the matter described in the Basis for Qualified Opinion section of their report.
Earlier (1-3 years ago)
The auditor issued a qualified opinion on the standalone financial statements of The New India Assurance Co. Ltd. for the year 2023-24, with emphasis on several matters including the recognition and utilization of MAT credit, provision for co-insurance balances, reserve for unexpired risk, pending MSME vendor identification, internal control strengthening, and wage revision provision.
Regulatory Action
2 occurrencesRecent (last 12 months)
The New India Assurance Co. Ltd. was fined by BSE and NSE under SEBI (LODR) for non-compliance with board composition requirements, including failure to appoint independent directors and maintain six directors on the Board.
Earlier (1-3 years ago)
BSE and NSE issued penalties to New India Assurance Company Ltd for non-compliance with Regulation 17(1)(a) of SEBI (Listing Obligations and Disclosures Requirements), 2015 regarding the composition of the Board of Directors, specifically the non-appointment of an Independent Woman Director.
Default / Covenant Breach
2 occurrencesRecent (last 12 months)
The excerpt mentions reviewing substantial defaults in payment to depositors and debenture holders.
Earlier (1-3 years ago)
The excerpt mentions reviewing the reasons for substantial defaults in payment.
Routine disclosures
Internal Control Weakness
2 occurrencesRecent (last 12 months)
The New India Assurance Co. Ltd. has material weaknesses in internal financial controls, including unadjusted banking transactions and dues from/to Reinsurers requiring confirmation and reconciliation.
Earlier (1-3 years ago)
The New India Assurance Co. Ltd. has material weaknesses in confirming and reconciling balances related to co-insurers, reinsurers, reinsurance brokers, tax-related accounts, control accounts, and other accounts, with pending reconciliation and adjustments.
Contingent Liability
2 occurrencesRecent (last 12 months)
The company has contingent liabilities amounting to ₹83090 Lakhs related to non-provisioning for tax demands due to favorable judgments received, which are under appeal at the ITAT Mumbai and Hon’ble Bombay High Court.
Earlier (1-3 years ago)
The company has disputed income tax amounts totaling ₹839.28 crore for Assessment Years 2011–12 to 2013–14, with appeals filed by the Income Tax Department in court. These amounts were not disclosed as contingent liabilities, resulting in an understatement of contingent liabilities.