New India Assurance Company Ltd

About [ edit ]

New India Assurance Company is engaged in Non-Life Insurance.

  • Market Cap 25,412 Cr.
  • Current Price 154
  • High / Low 197 / 99.6
  • Stock P/E 16.6
  • Book Value 140
  • Dividend Yield 0.00 %
  • ROCE 2.12 %
  • ROE 1.94 %
  • Face Value 5.00

Pros

  • Company is almost debt free.
  • Stock is trading at 1.10 times its book value

Cons

  • Company has a low return on equity of 0.65% for last 3 years.

Peer comparison

Sector: Insurance Industry: Finance & Investments

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Jun 2018 Sep 2018 Dec 2018 Mar 2019 Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020
6,667 6,849 6,879 7,175 6,935 7,616 8,406 7,562 6,923 7,980 8,593
5,910 6,461 6,999 7,566 6,618 7,010 7,805 7,482 6,561 7,288 7,927
Operating Profit 757 388 -120 -391 317 606 601 81 362 691 666
OPM % 11% 6% -2% -5% 5% 8% 7% 1% 5% 9% 8%
Other Income 3 4 -24 59 5 5 -2 47 2 15 -1
Interest 0 0 0 0 0 0 0 0 0 0 0
Depreciation 0 0 0 0 0 0 0 0 0 0 0
Profit before tax 761 392 -144 -332 321 611 599 128 364 706 665
Tax % 16% 11% 22% 19% 9% 12% 17% 11% 17% 21% 21%
Net Profit 631 350 -111 -266 280 557 487 118 317 565 525
EPS in Rs 3.83 2.13 -0.67 -1.61 1.70 3.38 2.96 0.72 1.93 3.43 3.19

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 TTM
9,599 10,994 13,354 15,215 20,234 19,798 27,660 30,672 31,058
11,310 13,273 15,640 18,194 20,695 22,280 26,936 28,974 29,258
Operating Profit -1,711 -2,279 -2,286 -2,979 -460 -2,482 724 1,698 1,800
OPM % -18% -21% -17% -20% -2% -13% 3% 6% 6%
Other Income 2,839 3,262 4,020 4,063 1,707 5,291 42 55 63
Interest 3 2 3 4 6 12 0 0 0
Depreciation 43 38 28 34 47 74 90 93 0
Profit before tax 1,082 943 1,703 1,045 1,194 2,722 677 1,659 1,863
Tax % 16% 15% 19% 11% 14% 20% 11% 13%
Net Profit 917 830 1,416 961 1,046 2,190 605 1,442 1,526
EPS in Rs 22.92 20.75 35.40 24.03 26.15 13.29 3.67 8.75 9.27
Dividend Payout % 19% 27% 21% 26% 30% 33% 41% 0%
Compounded Sales Growth
10 Years:%
5 Years:18%
3 Years:15%
TTM:3%
Compounded Profit Growth
10 Years:%
5 Years:-21%
3 Years:-4%
TTM:44%
Stock Price CAGR
10 Years:%
5 Years:%
3 Years:-24%
1 Year:29%
Return on Equity
10 Years:%
5 Years:2%
3 Years:1%
Last Year:2%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Sep 2020
200 200 200 200 200 412 824 824 824
Reserves 15,285 17,387 20,035 19,426 20,484 24,228 23,303 20,721 22,287
Borrowings 0 0 0 0 0 0 0 0 0
31,159 36,791 42,726 44,780 49,473 51,094 56,426 55,707 60,540
Total Liabilities 46,644 54,379 62,961 64,407 70,157 75,734 80,553 77,252 83,650
212 223 302 350 399 560 561 558 544
CWIP 0 20 0 15 57 33 45 25 0
Investments 31,566 35,711 45,365 44,972 51,907 56,024 59,801 52,029 58,936
14,866 18,424 17,293 19,069 17,795 19,117 20,147 24,640 24,170
Total Assets 46,644 54,379 62,961 64,407 70,157 75,734 80,553 77,252 83,650

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020
847 -1,605 -124 425 -1,334 -967
-1,345 741 1,340 -494 2,337 2,825
-208 -366 -307 1,125 -476 -300
Net Cash Flow -706 -1,229 910 1,056 527 1,558

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020
ROCE % -1% 1% -2% 3% 2% -1% 2%
Debtor Days 0 0 0 0 0 0 0 0
Inventory Turnover

Shareholding Pattern

Numbers in percentages

Jun 2018 Sep 2018 Dec 2018 Mar 2019 Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021
85.44 85.44 85.44 85.44 85.44 85.44 85.44 85.44 85.44 85.44 85.44 85.44
0.12 0.12 0.10 0.09 0.14 0.14 0.11 0.11 0.10 0.04 0.04 0.03
13.35 13.30 13.36 13.50 13.49 13.48 13.40 13.42 13.31 13.30 13.29 13.19
1.09 1.14 1.10 0.98 0.94 0.95 1.06 1.04 1.16 1.23 1.23 1.34

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