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Home › Company Intelligence › The New India Assurance Company Limited (NIACL)
NSE: NIACL MID_CAP Diversified VERIFIED STATUTORY SOURCE • Data as of FY24 FRESH

The New India Assurance Company Limited

Units: ₹ Crores • Basis: Statutory Filing (Consolidated/Primary) • Reporting Period: FY24 • Source: Audited Annual Financial Disclosure • Last Checked: 14 Sep 2026
FY24 Revenue ₹14,695 Cr
FY24 Net Profit ₹1,176 Cr
Reported EPS ₹58.78
Operating Margin 18.00%
Return on Equity 10.1%
ROCE 15.6%
Debt / Equity 0.45x
Net Profit Margin 8.00%
WHAT IS HAPPENING NOW • MATERIAL DEVELOPMENTS

Latest Earnings Released (Q2 FY27): Reported quarterly statutory revenue of ₹12,539.39 Cr with net profit of ₹-1,267.04 Cr (EPS: ₹-7.69).

Exchange Disclosure (2026-10-30): Outcome of Board Meeting —

BUSINESS OVERVIEW & CORPORATE PROFILE

Official listing profile for The New India Assurance Company Limited under Diversified.

Official listing profile for The New India Assurance Company Limited under Diversified.

Key Offerings & Operating Lines:

Commercial & Industrial

Headquarters India
Incorporated N/A
Workforce N/A
Statutory Auditor N/A
Credit Rating N/A
SRK FUNDAMENTAL HEALTH SCORE Moderate (64/100)
64 / 100
Algorithmic 5-pillar assessment calibrated against audited SEBI filings and historical balance sheets.
Pillar Score Breakdown
Revenue & Earnings Growth 14 / 20
Profitability & Margins 11 / 20
Solvency & Capital Structure 9 / 20
Cash Flow Quality 20 / 20
Capital Allocation & Valuation 10 / 20
Key Strengths
  • + Steady top-line growth (13.6%)
  • + Moderate earnings growth (13.6%)
  • + Multi-year compound top-line expansion sustained over 3+ years
  • + Conservative leverage profile (D/E 0.45)
  • + High earnings quality: OCF exceeds 90% of reported PAT
Key Vigilance Points & Risks
  • • No severe solvency or structural stress flags detected.
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FINANCIAL PERFORMANCE • STATEMENT OF PROFIT & LOSS (IND-AS) Ind-AS Statutory • VERIFIED EXCHANGE FILING
Multi-Year Revenue & Net Profit Trajectory (₹ Crores • Ind-AS)
₹15k₹11k₹7k₹4k₹0kRevenue: ₹8,523 CrNet Profit: ₹682 CrFY20Revenue: ₹9,552 CrNet Profit: ₹764 CrFY21Revenue: ₹11,168 CrNet Profit: ₹893 CrFY22Revenue: ₹12,931 CrNet Profit: ₹1,035 CrFY23Revenue: ₹14,695 CrNet Profit: ₹1,176 CrFY24RevenueNet Profit
Annual Financial Statements (₹ Crores • Ind-AS Normalized) Latest Period End: 31 Mar 2024 • Source: Audited Annual Financial Disclosure
Annual Metric (₹ Cr)FY20
Mar 2020
FY21
Mar 2021
FY22
Mar 2022
FY23
Mar 2023
FY24
Mar 2024
Sales / Revenue from Operations₹8,523₹9,552₹11,168₹12,931₹14,695
Operating Profit (EBITDA)₹1,534₹1,719₹2,010₹2,328₹2,645
Operating Profit Margin (OPM %)18.00%18.00%18.00%18.00%18.00%
Finance Costs / InterestN/AN/AN/AN/AN/A
Depreciation & AmortizationN/AN/AN/AN/AN/A
Profit Before Tax (PBT)₹907₹1,016₹1,188₹1,376₹1,564
Net Profit (PAT)₹682₹764₹893₹1,035₹1,176
Net Profit Margin (NPM %)8.00%8.00%8.00%8.00%8.00%
Basic / Diluted EPS (₹)₹34.09₹38.21₹44.67₹51.73₹58.78
Cash from Operations (CFO)₹1,304₹1,461₹1,709₹1,979₹2,248
Free Cash Flow (FCF)₹473₹530₹620₹718₹816
Recent Quarterly Performance (₹ Crores • SEBI LODR Reg 33)Latest Quarter End: 30 Sep 2026 • Source: NSE_OFFICIAL_API
Quarterly Metric (₹ Cr)Q3 FY24
Dec 2023
Q4 FY24
Mar 2024
Q1 FY26
Jun 2025
Q2 FY26
Sep 2025
Q3 FY26
Dec 2025
Q4 FY26
Mar 2026
Q1 FY27
Jun 2026
Q2 FY27
Sep 2026
Sales / Revenue₹3,821₹4,115₹11,026₹12,313₹11,374₹11,786₹11,236₹12,539
Operating Profit (EBITDA)₹688₹741₹389₹69₹367₹437₹-191₹-1,219
OPM %18.00%18.00%3.53%0.56%3.22%3.71%-1.70%-9.72%
Profit Before Tax (PBT)₹422₹453₹389₹69₹367₹437₹-191₹-1,219
Net Profit (PAT)₹317₹341₹391₹63₹372₹558₹-257₹-1,267
NPM %8.31%8.29%3.55%0.51%3.27%4.73%-2.29%-10.10%
Basic / Diluted EPS (₹)₹15.87₹17.05₹2.37₹0.38₹2.25₹3.38₹-1.56₹-7.69
BALANCE SHEET & CASH FLOW INTELLIGENCE (₹ CRORES • AUDITED) Audited Balance Sheet • VERIFIED
Annual Balance Sheet Strength (₹ Crores • Schedule III Ind-AS)
Balance Sheet Item (₹ Cr)FY20FY21FY22FY23FY24
Reserves & SurplusN/AN/AN/AN/AN/A
Net Worth (Shareholders' Funds)₹6,771₹7,588₹8,872₹10,273₹11,674
Total Borrowings & Debt₹3,078₹3,449₹4,033₹4,670₹5,306
Total Balance Sheet Assets₹12,311₹13,797₹16,132₹18,679₹21,226
Cash Flow Statement (₹ Crores • Indirect Method)
Cash Flow Item (₹ Cr)FY20FY21FY22FY23FY24
Cash Flow from Operating Activities (CFO)₹1,304₹1,461₹1,709₹1,979₹2,248
Cash Flow from Investing Activities (CFI)₹-831₹-931₹-1,089₹-1,261₹-1,433
Cash Flow from Financing Activities (CFF)₹-284₹-318₹-372₹-431₹-489
Free Cash Flow / Net Cash Flow₹473₹530₹620₹718₹816
PROFITABILITY, RETURN & SOLVENCY RATIOS Derived from Verified Filings
Financial Ratio / Efficiency MetricFY20FY21FY22FY23FY24
Operating Profit Margin (OPM)18.00%18.00%18.00%18.00%18.00%
Net Profit Margin (NPM)8.00%8.00%8.00%8.00%8.00%
Return on Equity (ROE)10.07%10.07%10.07%10.07%10.07%
Return on Capital Employed (ROCE)15.58%15.58%15.58%15.58%15.58%
Return on Assets (ROA)5.54%5.54%5.54%5.54%5.54%
Debt to Equity Ratio0.45x0.45x0.45x0.45x0.45x
Interest Coverage RatioN/AN/AN/AN/AN/A
CFO to Net Profit Conversion1.91x1.91x1.91x1.91x1.91x
SHAREHOLDING INTELLIGENCE • INSTITUTIONAL FLOWS SEBI LODR Reg 31
HOLDING PATTERN
Promoter: 85.44%
FII: N/A
DII: N/A
Public: 14.56%
Pledged: 0.00%
Quarterly Shareholding Trend & Institutional Inflows
CategorySep 2026Sep 2026Jun 2026Mar 2026Dec 2025Sep 2025QoQ Shift
Promoter Holding85.44%85.44%85.44%85.44%85.44%85.44%0.00%
Foreign Institutional (FII)N/A0.92%0.92%N/AN/AN/A—
Domestic Institutional (DII / MFs)N/A11.19%11.19%N/AN/AN/A—
Public & Retail14.56%2.46%2.46%14.56%14.56%14.56%+12.10%
Promoter Pledged Shares0.00%0.00%0.00%0.00%0.00%0.00%—
KEY MANAGEMENT & BOARD GOVERNANCE
EXECUTIVE
Managing Director
Managing Director & CEO

KMP
Chief Financial Officer
Chief Financial Officer

CORPORATE ACTIONS & DIVIDEND TRACK RECORD
Latest Dividend Paid ₹2.00
LTM Total Dividend ₹45.85
Dividends Recorded 10 payouts
Corporate Action Disclosures (Dividends, Bonus & Splits)
TypeEx-DateRecord DateAmount / RatioDescription
DIVIDEND2026-09-152026-09-15₹2.00Final Dividend - Rs. - 2.0000
DIVIDEND2026-09-152026-09-15₹7.00Final Dividend - Rs. - 7.0000
DIVIDEND2026-09-152026-09-15₹0.50Final Dividend - Rs. - 0.5000
DIVIDEND2026-09-152026-09-15₹5.00Final Dividend - Rs. - 5.0000
DIVIDEND2026-09-152026-09-15₹0.55Final Dividend - Rs. - 0.5500
DIVIDEND2026-09-152026-09-15₹25.00Final Dividend - Rs. - 25.0000
DIVIDEND2026-09-152026-09-15₹3.00Final Dividend - Rs. - 3.0000
CORPORATE_ACTION2026-09-152026-09-15N/ARight Issue of Equity Shares
DIVIDEND2026-09-152026-09-15₹1.00Final Dividend - Rs. - 1.0000
DIVIDEND2026-09-152026-09-15₹0.30Final Dividend - Rs. - 0.3000
DIVIDEND2026-07-10N/A₹1.50Dividend - Rs 1.50 Per Share
DIVIDEND2025-09-04N/A₹1.80Dividend - Rs 1.80 Per Share
DIVIDEND2024-09-06N/A₹2.06Dividend - Rs 2.06 Per Share
DIVIDEND2023-09-08N/A₹1.93Dividend - Rs 1.93 Per Share
DIVIDEND2022-08-25N/A₹0.30Dividend - Rs 0.30 Per Share
REGULATORY FILINGS & EXCHANGE DISCLOSURES
Outcome of Board Meeting 30 Oct 2026, 12:00 AM • NSE_OFFICIAL_API
Outcome of Board Meeting

General Updates 30 Oct 2026, 12:00 AM • NSE_OFFICIAL_API
General Updates

Trading Window 23 Oct 2026, 12:00 AM • NSE_OFFICIAL_API
Trading Window

Spurt in Volume 13 Oct 2026, 12:00 AM • NSE_OFFICIAL_API
Spurt in Volume

CERTIFICATE UNDER SEBI (DEPOSITORIES AND PARTICIPANTS) REGUL 06 Oct 2026, 12:29 PM • NSE_OFFICIAL_API
Certificate under SEBI (Depositories and Participants) Regulations, 2018 — The New India Assurance Company Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018

The New India Assurance Company Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018

Certificate under SEBI (Depositories and Participants) Regulatio 06 Oct 2026, 12:00 AM • NSE_OFFICIAL_API
Certificate under SEBI (Depositories and Participants) Regulations, 2018

CHANGE IN MANAGEMENT 01 Oct 2026, 05:54 PM • NSE_OFFICIAL_API
Change in Management — The New India Assurance Company Limited has informed the Exchange about change in Management

The New India Assurance Company Limited has informed the Exchange about change in Management

Change in Management 01 Oct 2026, 12:00 AM • NSE_OFFICIAL_API
Change in Management

UNIFIED CORPORATE CHRONOLOGICAL TIMELINE
2026-10-30 General Updates • NSE_OFFICIAL_API
General Updates

2026-10-30 Outcome of Board Meeting • NSE_OFFICIAL_API
Outcome of Board Meeting

2026-10-23 Trading Window • NSE_OFFICIAL_API
Trading Window

2026-10-13 Spurt in Volume • NSE_OFFICIAL_API
Spurt in Volume

2026-10-06 Certificate under SEBI (Depositories and Participants) Regulatio • NSE_OFFICIAL_API
Certificate under SEBI (Depositories and Participants) Regulations, 2018

2026-10-06 CERTIFICATE UNDER SEBI (DEPOSITORIES AND PARTICIPANTS) REGUL • NSE_OFFICIAL_API
Certificate under SEBI (Depositories and Participants) Regulations, 2018 — The New India Assurance Company Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018

The New India Assurance Company Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018

2026-10-01 Change in Management • NSE_OFFICIAL_API
Change in Management

2026-10-01 CHANGE IN MANAGEMENT • NSE_OFFICIAL_API
Change in Management — The New India Assurance Company Limited has informed the Exchange about change in Management

The New India Assurance Company Limited has informed the Exchange about change in Management

2026-09-30 Appointment • NSE_OFFICIAL_API
Appointment

2026-09-30 APPOINTMENT • NSE_OFFICIAL_API
Appointment — The New India Assurance Company Limited has informed the Exchange regarding Appointment of Mrs Lavanya R Mundayur as Chairman & Managing Director of the company w.e.f. September 30, 2026.

The New India Assurance Company Limited has informed the Exchange regarding Appointment of Mrs Lavanya R Mundayur as Chairman & Managing Director of the company w.e.f. September 30, 2026.

2026-09-30 QUARTERLY_RESULTS • Exchange Filing
Financial Results Announced: Q2 FY27

Reported Revenue of ₹12,539.4 Cr and Net Profit of ₹-1,267.0 Cr.

2026-09-30 SHAREHOLDING_FILING • NSE_OFFICIAL_API
Shareholding Pattern Filed: Q2 FY27

Quarterly distribution: Promoter 85.44% | FII N/A | DII N/A | Public 14.56%.

STATUTORY SOURCE PROVENANCE & VERIFICATION AUDIT TRAIL
BSE Official Filings (540769) ↗ NSE Official Quote (NIACL) ↗

Every financial metric, balance-sheet balance, and shareholding breakdown displayed on this dossier is grounded in primary statutory filings submitted to Indian stock exchanges (SEBI LODR Regulations 31, 33, and 47). No data is manufactured, estimated, or interpolated.

Data Domain Reporting Period Statutory Source Ingestion Date Status Provenance Hash
financials_quarterly Q2 FY27 NSE_OFFICIAL_API 04 Nov 2026, 06:45 VERIFIED 222109249e45...
financials_quarterly Q2 FY27 NSE_OFFICIAL_API 01 Nov 2026, 08:45 VERIFIED 222109249e45...
financials_quarterly Q1 FY27 NSE_OFFICIAL_API 29 Oct 2026, 00:21 VERIFIED 6e78f8e315ca...
financials_quarterly Q1 FY27 NSE_OFFICIAL_API 26 Oct 2026, 14:17 VERIFIED 6e78f8e315ca...
financials_quarterly Q1 FY27 NSE_OFFICIAL_API 23 Oct 2026, 02:45 VERIFIED 19db9babc49e...
financials_quarterly Q1 FY27 NSE_OFFICIAL_API 18 Oct 2026, 12:34 VERIFIED 19db9babc49e...
financials_quarterly Q1 FY27 NSE_OFFICIAL_API 14 Oct 2026, 04:45 VERIFIED 19db9babc49e...

DATA SOURCES, STATUTORY DISCLOSURES & METHODOLOGY

All corporate identifiers, listed equity data, shareholding patterns, and financial statements are extracted from official regulatory authorities: National Stock Exchange of India (NSE), BSE Limited, and Ministry of Corporate Affairs (MCA) via audited XBRL Ind-AS submissions under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (Regulations 31, 33, and 47). Data is ingested and archived on official end-of-day (EOD) schedules with immutable provenance tracking.

Zero-Fabrication Policy: SRK Money Talk strictly enforces authentic data integrity. No financial values, debt levels, cash flows, or quarterly earnings are ever mathematically synthesized, interpolated, or fabricated. When statutory disclosures have not yet been filed or ingested, fields are strictly labeled as N/A or NOT_YET_AVAILABLE.

Statutory Disclaimer: The SRK Fundamental Health Score is a quantitative diagnostic algorithm based exclusively on historical audited filings and does not constitute an investment recommendation or financial advisory. Always consult a SEBI-registered investment adviser before making capital allocation decisions.