- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies.
- ₹26,335 Cr306th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. The filing of 24 Jul 2026
- 36.7
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. The filing of 24 Jul 2026
- 1.1
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 0.94%
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it. The filing of 24 Jul 2026
- 3.0%
- SolvencySolvency ratio. The capital the insurer holds ÷ the capital the regulator requires it to hold, as the insurer states it; insurers write it in different ways, so it is read as the one multiple between 1 and 5 it can be, and not given outside that. At the end of Jun 2026. For the company alone, not its group: the regulator measures it company by company.
- 1.80times the capital required
- Gross premiumGross premium. Premium on the policies sold and renewed in the period, before the part passed on to reinsurers: a general insurer's gross premiums written, a life insurer's gross premium income. For the year to Mar 2026. For the whole group.
- ₹47,580 Cr
- Combined ratioCombined ratio. Claims plus expenses as a percentage of premium, as the general insurer states it, in per cent on the one scale its filing writes all its ratios in; not given where that scale cannot be told. For the year to Mar 2026. For the whole group.
- 122.42%
- Claims ratioClaims ratio. Claims incurred as a percentage of premium earned, as the general insurer states it, in per cent on the one scale its filing writes all its ratios in; not given where that scale cannot be told, or where the filing's own amounts show it written on another scale or rounded to the whole per cent. For the year to Mar 2026. For the whole group.
- 98.42%
- Expense ratioExpense ratio. The costs of running the insurance business, commission included, as a percentage of premium, as the insurer states it, in per cent on the one scale its filing writes all its ratios in; not given where that scale cannot be told, or where the filing's own amounts show it written on another scale or rounded to the whole per cent. For the year to Mar 2026. For the whole group.
- 21.80%
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 9,70,83634.5% delivered
Results
Standalone, as consolidated accounts are on record for only 6 of the last ten years; ₹ crore, the charts by years to March, the table by quarter. Gross premium is what policyholders paid in the period, before the part passed on to reinsurers.Quarterly results
Quarter to Jun 2026, against the quarter beforeFiled 24 Jul
- Gross premium
- ₹13,720 Cr
- Net profitNet profit. Under it, net profit in the quarter before. A change in per cent is not worked out where either period is a loss or nothing.
- −₹257 CrQuarter to Mar 2026: ₹558 Cr
Gross premium by year
Peak gross premium ₹47,174 Cr, year to Mar 2026
Net profit by year, a loss in red
| ₹ crore | Sep 2024Filed 27 Jan | Dec 2024Filed 27 Jan | Mar 2025Filed 30 May | Jun 2025Filed 29 Jul | Sep 2025Filed 13 Nov | Dec 2025Filed 30 Jan | Mar 2026Filed 11 May | Jun 2026Filed 24 Jul |
|---|---|---|---|---|---|---|---|---|
| Gross premium | 9,620 | 10,778 | 11,433 | 13,334 | 10,541 | 11,680 | 11,619 | 13,720 |
| Net profit | 71 | 353 | 347 | 391 | 63 | 372 | 558 | −257 |
Standalone. The last eight quarters. The latest is shaded.
Business segments
Share of revenue, year to Mar 2026, consolidated.Segment revenue and profit
- Health including personal accidentHealth including personal accident, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹21,395 Crup 14.38%54.1%
- MotorMotor, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹11,722 Crup 1.12%29.6%
- FireFire, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹3,234 Crup 11.23%8.2%
- Other MiscellaneousOther Miscellaneous, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹1,262 Crup 16.77%3.2%
- MarineMarine, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹649 Crup 8.31%1.6%
- LiabilityLiability, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹541 Crup 1.28%1.4%
- EngineeringEngineering, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹520 Crup 3.03%1.3%
- CropCrop, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹136 Crdown 71.94%0.3%
- AviationAviation, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹93 Cr0.2%
The pill is the change in revenue on the year before; the share is of all the businesses together.
Valuation
Today, against the company's own history. Not shown, EV/EBITDA: not used for a lender or an insurer.PE ratio and valuation history
Price to earningsPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit.
At or below today's level on 59% of 1,220 trading days over the last 5 years.
LowestHighest
Its median30.0Industry median35.9
Price to bookPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet.
At or below today's level on 34% of 1,883 trading days since Feb 2019.
LowestHighest
Its median1.2Industry median4.4
Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price. When a year's dividend goes ex later than the year before's, the yield reads zero for the days between; a run of under 60 such trading days is left out of the yield's medians and percentiles. The ex-date is the day from which a buyer of the share no longer gets the dividend.
At or below today's level on 56% of 2,153 trading days since Jan 2018.
LowestHighest
Its median0.84%Industry median0.55%
Where the return came from
Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.
| Over | Return a year | Earnings growth | Change in P/E | Dividend yield |
|---|---|---|---|---|
| 1 year | −22.5% | +40.0% | −45.5% | 1.3% |
| 3 years | +7.7% | +9.5% | −2.6% | 1.1% |
| 5 years | −4.1% | −2.9% | −2.4% | 1.1% |
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add.
Mutual funds holding it
50 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 27 of the 28 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future. 2 more funds filed their first portfolio on record, holding it.Mutual fund holdings
- Bought for the first timeBought for the first time. Funds that held it at the month's end and had not held it in any month on record before.
- 18
- AddedAdded. Funds that held more shares than at the end of the month before.
- 11
- CutCut. Funds that held fewer shares than at the end of the month before.
- 17
- Held unchangedHeld unchanged. Funds that held the same number of shares as at the end of the month before.
- 2
- Sold outSold out. Funds that held it at the end of the month before and hold none at this month's end.
- 34
| Fund | |||
|---|---|---|---|
 Motilal Oswal BSE Enhanced Value Index FundMotilal Oswal Mutual Fund | 3,73,584 | 0.29% | ₹6.24 Cr |
 Nippon India Nifty Smallcap 250 Index FundNippon India Mutual Fund | 3,72,109 | 0.18% | ₹6.22 Cr |
 HDFC Nifty Smallcap 250 ETFHDFC Mutual Fund | 2,91,994 | 0.18% | ₹4.88 Cr |
 SBI Nifty Smallcap 250 Index FundSBI Mutual Fund | 1,89,024 | 0.18% | ₹3.16 Cr |
| Motilal Oswal Nifty Smallcap 250 Index FundMotilal Oswal Mutual Fund | 1,34,084 | 0.18% | ₹2.24 Cr |
 ICICI Prudential Nifty Smallcap 250 Index FundICICI Prudential Mutual Fund | 84,758 | 0.18% | ₹1.42 Cr |
| HDFC Nifty Smallcap 250 Index FundHDFC Mutual Fund | 81,285 | 0.18% | ₹1.36 Cr |
| ICICI Prudential BSE Insurance ETFICICI Prudential Mutual Fund | 59,555 | 1.26% | ₹0.99 Cr |
| Nippon India Nifty 500 Equal Weight Index FundNippon India Mutual Fund | 52,197 | 0.19% | ₹0.87 Cr |
 JioBlackRock Nifty Smallcap 250 Index FundJio BlackRock Mutual Fund | 42,417 | 0.18% | ₹0.71 Cr |
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.
Peers and competitors
Insurance, 13 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to The New India Assurance Company in market cap.
Where the company sits among the companies nearest its size
| Company | |||||||||
|---|---|---|---|---|---|---|---|---|---|
 ICICI Life InsuranceICICILIFE | 61,271 | 34.8 | 4.2 | – | +15.2% | +34.0% | 12.9% | – | 0.39% |
 General Insurance Corporation of IndiaGICRE | 56,799 | 6.4 | 0.9 | – | +4.3% | +4.0% | 15.8% | – | 4.09% |
 Max Financial ServicesMFSL | 41,804 | – | 7.9 | 159.8 | +4.9% | – | – | 3.1% | 0.00% |
 Star Health and Allied Insurance CompanySTARHEALTH | 31,218 | 37.0 | 4.1 | – | – | +43.2% | 11.6% | – | 0.00% |
 Go Digit General InsuranceGODIGIT | 24,933 | 50.6 | 5.3 | – | +8.3% | +6.6% | 11.0% | – | 0.00% |
 Niva Bupa Health Insurance CompanyNIVABUPA | 13,304 | – | – | – | – | – | – | – | 0.00% |
 Canara HSBC Life Insurance CompanyCANHLIFE | 11,851 | 88.7 | 7.2 | – | – | – | 8.4% | – | 0.32% |
 Medi Assist Healthcare ServicesMEDIASSIST | 2,123 | 22.8 | 2.5 | 11.3 | +27.4% | −1.3% | 13.5% | 11.2% | 0.70% |
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record; for ROCE and EV/EBITDA, where the company is a lender or an insurer. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page. Income growth is the growth of everything the company earns: interest, fees, premiums and the rest.
Dividends
Per share, by the year it was paid for, and the latest payments.Dividend history and dates
Dividend per share, ₹, restated for later splits and bonuses
Dividend per share. The dividends declared for the year, each restated to today's share count by the splits and bonuses after its own ex-date, added up.Highest ₹6.88 a share, year to Mar 2018.
| Ex-date | Type | Per share |
|---|---|---|
| 10 Jul 2026 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. | ₹1.50 |
| 4 Sep 2025 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. | ₹1.80 |
| 6 Sep 2024 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. | ₹2.06 |
| 8 Sep 2023 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. | ₹1.93 |
| 25 Aug 2022 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. | ₹0.30 |
| 18 Jul 2019 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. | ₹1.50 |
Latest payments, as declared, by ex-date.
Latest announcements
Routine notices left out.Share news and announcements
Oct 2026
13 Oct · Legal
The exchange asked on 12 Oct 2026
1 Oct · Management
Sep 2026
11 Sep · Management
9 Sep · Management
The New India Assurance Company share price by year
Each calendar year to 2025.The New India Assurance Company share price history
| Year | Close at year end | Change | Highest close | Lowest close |
|---|---|---|---|---|
| 2025 | 155.82 | −23.1% | 206.70 | 142.11 |
| 2024 | 202.52 | −3.7% | 304.40 | 170.56 |
| 2023 | 210.35 | +67.3% | 255.20 | 95.00 |
| 2022 | 125.75 | −10.3% | 143.95 | 78.60 |
| 2021 | 140.25 | +8.8% | 187.70 | 126.75 |
| 2020 | 128.85 | −4.9% | 166.05 | 78.25 |
| 2019 | 135.45 | −24.6% | 205.50 | 94.90 |
| 2018 | 179.75 | −40.2% | 373.98 | 176.05 |
| 2017 | 300.55 | – | 363.55 | 273.13 |
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. 2017 is from its first session, 13 Nov 2017.
Recent sessions
The last 10 trading days to 23 Oct 2026, as traded on NSE.
| Date | Open | High | Low | Close | Average price | Volume | Delivery |
|---|---|---|---|---|---|---|---|
| 23 Oct 2026 | 165.05 | 165.25 | 157.76 | 159.80 | 160.35 | 9,70,836 | 34.5% |
| 22 Oct 2026 | 168.80 | 170.23 | 165.02 | 165.83 | 166.42 | 7,11,434 | 27.0% |
| 21 Oct 2026 | 173.50 | 175.00 | 167.32 | 168.78 | 170.07 | 7,65,534 | 33.1% |
| 19 Oct 2026 | 180.88 | 182.33 | 173.04 | 174.01 | 176.27 | 9,69,941 | 26.6% |
| 16 Oct 2026 | 182.76 | 184.25 | 179.03 | 179.57 | 181.00 | 14,39,484 | 18.2% |
| 15 Oct 2026 | 183.00 | 185.30 | 181.00 | 183.29 | 183.22 | 14,19,700 | 18.9% |
| 14 Oct 2026 | 188.05 | 189.78 | 183.60 | 185.40 | 187.05 | 41,68,104 | 13.0% |
| 13 Oct 2026 | 185.80 | 195.00 | 181.00 | 191.38 | 187.79 | 2,87,44,932 | 5.8% |
| 12 Oct 2026 | 162.98 | 194.00 | 162.60 | 187.02 | 182.34 | 9,11,36,023 | 3.7% |
| 9 Oct 2026 | 159.00 | 163.97 | 159.00 | 162.23 | 162.20 | 23,03,810 | 19.0% |
Prices in ₹ per share as traded, not adjusted.
Price adjustments
What the price chart is corrected for, so it reads as one share held throughout.Bonus share history
| Ex-date | Event | Price factor | What happened |
|---|---|---|---|
| 27 Jun 2018 | Bonus | 0.5000 | Holders received 1 bonus share for every 1 held. |
Earlier prices are multiplied by the factor, so the chart reads as one share held throughout.
About The New India Assurance Company
The New India Assurance Company Limited is a general insurer, which means it sells insurance that is not life cover. It was incorporated in 1919 and has its registered office in Fort, Mumbai. It is in its 107th year of operation.
Its customers include individuals buying health, motor, property and personal accident cover, and large companies and infrastructure firms that need specialised cover such as surety bonds. Products such as Battery Protect for EVs and Cancer Guard are tailored for individual customers. It also takes part in government schemes such as Ayushman Bharat and Pradhan Mantri Suraksha Bima Yojana, and sells livestock and farmer insurance products to rural communities. Through its operations in other countries, it serves overseas clients as well. Its business is reported in three classes: fire, marine and miscellaneous.
In India the company works through a network of 1,594 offices, counted as at 31 March 2026 and including the head office. That network includes 28 regional offices, 9 corporate business offices and 3 auto hubs, along with smaller branch offices. The company operates in 24 countries in all. It has three subsidiary companies. Its Hong Kong and Philippines offices are in run-off, which means they no longer write new business.
The Central Government of India holds the majority of its shares. Life Insurance Corporation of India and General Insurance Corporation of India are also among its shareholders.
- Legal name
- The New India Assurance Company Limited
- NSE symbol
- NIACL
- BSE code
- 540769
- ISIN
- INE470Y01017
- Industry
- Insurance
- Listed
- Nov 2017
- Face value
- ₹5
- CIN
- L66000MH1919GOI000526
- Corporate identity number, the registrar of companies' code for it
In Nifty 500, BSE 500, Nifty Smallcap 250, BSE 250 SmallCap Index, BSE MidCap, Nifty Total Market