New India Assurance Company Ltd
NSE:NIACL

Watchlist Manager
New India Assurance Company Ltd Logo
New India Assurance Company Ltd
NSE:NIACL
Watchlist
Price: 206.61 INR
Market Cap: 340.5B INR
Have any thoughts about
New India Assurance Company Ltd?
Write Note

New India Assurance Company Ltd
Pre-Tax Income

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
TTM
|

New India Assurance Company Ltd
Pre-Tax Income Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Pre-Tax Income CAGR 3Y CAGR 5Y CAGR 10Y
New India Assurance Company Ltd
NSE:NIACL
Pre-Tax Income
â‚ą17.5B
CAGR 3-Years
12%
CAGR 5-Years
31%
CAGR 10-Years
N/A
ICICI Lombard General Insurance Company Ltd
NSE:ICICIGI
Pre-Tax Income
â‚ą29.6B
CAGR 3-Years
20%
CAGR 5-Years
13%
CAGR 10-Years
N/A
G
Go Digit General Insurance Ltd
NSE:GODIGIT
Pre-Tax Income
â‚ą1.8B
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 Pre-Tax Income?
Pre-Tax Income
17.5B INR

Based on the financial report for Sep 30, 2024, New India Assurance Company Ltd's Pre-Tax Income amounts to 17.5B INR.

What is New India Assurance Company Ltd's Pre-Tax Income growth rate?
Pre-Tax Income CAGR 5Y
31%

Over the last year, the Pre-Tax Income growth was 54%. The average annual Pre-Tax Income growth rates for New India Assurance Company Ltd have been 12% over the past three years , 31% over the past five years .

Back to Top