Financials The New India Assurance Company Limited Bombay S.E.

Equities

NIACL

INE470Y01017

Multiline Insurance & Brokers

Market Closed - Bombay S.E. Other stock markets 06:21:49 2024-04-26 am EDT			5-day change	1st Jan Change
244.2 ^INR	+7.39%		+11.41%	+16.15%

Apr. 22	Crisil Keeps New India Assurance Rating at AAA; Outlook Stable	MT
Mar. 21	The New India Assurance Company Limited Upgrades Titus Francis Maliakkel, General Manager & Director & Ms. Smita Srivastava, General Manager & Director to Executive Director	CI

Valuation

Fiscal Period: March	2019	2020	2021	2022	2023	2024	2025	2026
Capitalization ¹	312,708	185,070	254,369	183,999	160,350	403,266	-	-
Enterprise Value (EV) ¹	312,708	185,070	254,369	183,999	160,350	403,266	403,266	403,266
P/E ratio	51.7 x	12.8 x	15.5 x	94.6 x	15.3 x	24.8 x	18.2 x	14 x
Yield	0.79%	-	-	0.27%	-	-	-	-
Capitalization / Revenue	1.23 x	0.66 x	0.76 x	0.5 x	0.41 x	0.95 x	0.88 x	0.82 x
EV / Revenue	1.23 x	0.66 x	0.76 x	0.5 x	0.41 x	0.95 x	0.88 x	0.82 x
EV / EBITDA	-	-	-	-	-	-	-	-
EV / FCF	-	-	-	-	-	-	-	-
FCF Yield	-	-	-	-	-	-	-	-
Price to Book	1.89 x	-	0.66 x	0.46 x	0.41 x	0.88 x	0.83 x	0.78 x
Nbr of stocks (in thousands)	1,648,000	1,648,000	1,648,000	1,648,000	1,648,000	1,648,000	-	-
Reference price ²	189.8	112.3	154.4	111.6	97.30	244.7	244.7	244.7
Announcement Date	5/13/19	6/30/20	6/7/21	5/23/22	5/29/23	-	-	-

¹INR in Million²INR

Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March	2019	2020	2021	2022	2023	2024	2025	2026
Net sales ¹	254,062	281,902	333,056	371,278	391,705	423,042	456,885	493,436
EBITDA	-	-	-	-	-	-	-	-
EBIT	29,800	-	-	-	-	-	-	-
Operating Margin	11.73%	-	-	-	-	-	-	-
Earnings before Tax (EBT) ¹	6,770	16,590	20,598	1,776	12,565	19,232	27,730	36,102
Net income ¹	6,048	14,357	16,278	1,779	10,613	16,245	22,184	28,881
Net margin	2.38%	5.09%	4.89%	0.48%	2.71%	3.84%	4.86%	5.85%
EPS ²	3.670	8.750	9.950	1.180	6.360	9.860	13.46	17.53
Free Cash Flow	-	-	-	-	-	-	-	-
FCF margin	-	-	-	-	-	-	-	-
FCF Conversion (EBITDA)	-	-	-	-	-	-	-	-
FCF Conversion (Net income)	-	-	-	-	-	-	-	-
Dividend per Share	1.500	-	-	0.3000	-	-	-	-
Announcement Date	5/13/19	6/30/20	6/7/21	5/23/22	5/29/23	-	-	-

¹INR in Million²INR

Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: March	2024 Q1
Net sales	-
EBITDA	-
EBIT	-
Operating Margin	-
Earnings before Tax (EBT)	-
Net income ¹	2,657
Net margin	-
EPS ²	1.580
Dividend per Share	-
Announcement Date	8/11/23

¹INR in Million²INR

Estimates

Balance Sheet Analysis

Fiscal Period: March	2019	2020	2021	2022	2023	2024	2025	2026
Net Debt	-	-	-	-	-	-	-	-
Net Cash position	-	-	-	-	-	-	-	-
Leverage (Debt/EBITDA)	-	-	-	-	-	-	-	-
Free Cash Flow	-	-	-	-	-	-	-	-
ROE (net income / shareholders' equity)	3.76%	8.83%	-	-	-	-	-	-
ROA (Net income/ Total Assets)	1.55%	3%	-	-	-	-	-	-
Assets ¹	390,275	479,036	-	-	-	-	-	-
Book Value Per Share ²	100.0	-	235.0	242.0	236.0	279.0	294.0	312.0
Cash Flow per Share	-	-	-	-	-	-	-	-
Capex	-	-	-	-	-	-	-	-
Capex / Sales	-	-	-	-	-	-	-	-
Announcement Date	5/13/19	6/30/20	6/7/21	5/23/22	5/29/23	-	-	-

¹INR in Million²INR

Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Ratings for The New India Assurance Company Limited

Trading Rating

Investor Rating

ESG Refinitiv

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

UNDERPERFORM

Number of Analysts

Last Close Price

244.7 INR

Average target price

130 INR

Spread / Average Target

-46.87%

Consensus

EPS Revisions

Estimates Revisions

Annual profits - Rate of surprise

Company calendar

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