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New India Assurance Company Ltd
Previous close
₹190.85
Day range
₹191.05 - ₹197.70
Year range
₹168.95 - ₹324.00
Market cap
302.13B INR
Avg Volume
71.38K
P/E ratio
23.50
Dividend yield
1.06%
Primary exchange
NSE
Market news
Financials
Income Statement
Revenue
Net income
| (INR) | Sep 2024info | Y/Y change |
|---|---|---|
Revenue | 107.77B | 2.09% |
Operating expense | 10.57B | -10.14% |
Net income | 897.00M | 150.93% |
Net profit margin | 0.83 | 149.70% |
Earnings per share | — | — |
EBITDA | 1.74B | 251.85% |
Effective tax rate | 42.58% | — |
Balance Sheet
Total assets
Total liabilities
| (INR) | Sep 2024info | Y/Y change |
|---|---|---|
Cash and short-term investments | 126.54B | 11.55% |
Total assets | 1.11T | 8.98% |
Total liabilities | 602.87B | 1.48% |
Total equity | 510.76B | — |
Shares outstanding | 1.66B | — |
Price to book | 0.62 | — |
Return on assets | — | — |
Return on capital | 0.83% | — |
Cash Flow
Net change in cash
| (INR) | Sep 2024info | Y/Y change |
|---|---|---|
Net income | 897.00M | 150.93% |
Cash from operations | — | — |
Cash from investing | — | — |
Cash from financing | — | — |
Net change in cash | — | — |
Free cash flow | — | — |
About
The New India Assurance Co. Ltd. is an Indian public sector insurance company owned by the Government of India and administered by the Ministry of Finance. Headquartered in Mumbai, it is the largest nationalised general insurance company of India based on gross premium collection inclusive of foreign operations. It was founded by Sir Dorabji Tata in 1919, and was nationalised in 1973.
Previously, it was a subsidiary of the General Insurance Corporation of India. But when GIC became a re-insurance company following the passage of the IRDA Act 1999, its four primary insurance subsidiaries New India Assurance, United India Insurance, Oriental Insurance and National Insurance became autonomous. Wikipedia
Founded
Jul 23, 1919
Website
Employees
11,939
