New India Assurance Company Ltd
NSE:NIACL

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New India Assurance Company Ltd
NSE:NIACL
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Price: 206.61 INR 4.34% Market Closed
Market Cap: 340.5B INR
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New India Assurance Company Ltd
Operating Income

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
TTM
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New India Assurance Company Ltd
Operating Income Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Operating Income CAGR 3Y CAGR 5Y CAGR 10Y
New India Assurance Company Ltd
NSE:NIACL
Operating Income
â‚ą5.4B
CAGR 3-Years
25%
CAGR 5-Years
N/A
CAGR 10-Years
N/A
ICICI Lombard General Insurance Company Ltd
NSE:ICICIGI
Operating Income
â‚ą28.5B
CAGR 3-Years
22%
CAGR 5-Years
12%
CAGR 10-Years
N/A
G
Go Digit General Insurance Ltd
NSE:GODIGIT
Operating Income
â‚ą2.2B
CAGR 3-Years
N/A
CAGR 5-Years
N/A
CAGR 10-Years
N/A
No Stocks Found

New India Assurance Company Ltd
Glance View

Market Cap
340.5B INR
Industry
Insurance

New India Assurance Company Ltd., a revered entity in the insurance landscape of India, traces its roots back to 1919 when it was founded by the visionary Sir Dorabji Tata. Over the decades, it has woven itself into the fabric of India's economic journey. As a state-owned general insurance behemoth, New India Assurance has established a robust portfolio, offering an extensive range of products—from health and motor insurance to fire and marine coverages. What sets the company apart is its extensive reach and trust within not only the domestic market but also through its international operations in over 28 countries. By providing bespoke insurance solutions to both individuals and corporates, it secures its clients’ assets and mitigates risks, reinforcing financial stability across different sectors. At the heart of New India Assurance's business model is its underwriting prowess and prudent risk management strategies. The company generates revenue primarily through the premiums collected from its wide array of insurance products. This includes both individual policies and large-scale agreements with businesses, tapping into diverse industry needs. Apart from the underwriting income, a substantial portion of its profits comes from strategic investments. These investments are carefully curated, focusing on safe and high-yield securities, which not only bolster the company's revenue stream but also provide a cushion against the volatile insurance claims environment. By marrying its comprehensive range of products with a focus on operational efficiency and financial prudence, New India Assurance has solidified its position as a stalwart in the insurance industry, deftly balancing growth and sustainability.

NIACL Intrinsic Value
240.64 INR
Undervaluation 14%
Intrinsic Value
Price

See Also

What is New India Assurance Company Ltd's Operating Income?
Operating Income
5.4B INR

Based on the financial report for Sep 30, 2024, New India Assurance Company Ltd's Operating Income amounts to 5.4B INR.

What is New India Assurance Company Ltd's Operating Income growth rate?
Operating Income CAGR 3Y
25%

The average annual Operating Income growth rates for New India Assurance Company Ltd have been 25% over the past three years .

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