NIACL.NS
Price:
$153.47
Market Cap:
$252.92B
The New India Assurance Company Limited, together with its subsidiaries, operates as a general insurance company in India and internationally. The company provides marine cargo and hull, motor, health, travel, home and contents, customized business and SME products, other personal, industrial, rural, machinery, aviation, engineering, liability, fire and burglary, crop, personal accident, and property insurance products. It also offers reinsurance products. The company was incorporated in 1919 and is headquartered in Mumbai, India.
Industry
Insurance - Diversified
IPO Date
2017-11-13
Stock Exchange
NSE
Ticker
NIACL.NS
According to The New India Assurance Company Limited’s latest financial reports and current stock price. The company's current ROE is 2.76%. This represents a change of 326.90% compared to the average of 0.65% of the last 4 quarters.
The mean historical ROE of The New India Assurance Company Limited over the last ten years is 3.90%. The current 2.76% ROE has changed -29.10% with respect to the historical average. Over the past ten years (40 quarters), NIACL.NS's ROE was at its highest in in the September 2020 quarter at 2.42%. The ROE was at its lowest in in the March 2022 quarter at -2.12%.
Average
3.90%
Median
3.30%
Minimum
0.49%
Maximum
8.87%
Discovering the peaks and valleys of The New India Assurance Company Limited ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 446.27%
Maximum Annual ROE = 8.87%
Minimum Annual Increase = -88.54%
Minimum Annual ROE = 0.49%
| Year | ROE | Change |
|---|---|---|
| 2025 | 2.35% | -4.51% |
| 2024 | 2.46% | -7.87% |
| 2023 | 2.67% | 446.27% |
| 2022 | 0.49% | -88.54% |
| 2021 | 4.26% | -36.34% |
| 2020 | 6.69% | 169.17% |
| 2019 | 2.49% | -71.95% |
| 2018 | 8.87% | 125.18% |
| 2017 | 3.94% | -17.11% |
| 2016 | 4.75% | -30.41% |
The current ROE of The New India Assurance Company Limited (NIACL.NS) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
2.49%
5-year avg
2.44%
10-year avg
3.90%
The New India Assurance Company Limited’s ROE is less than Star Health and Allied Insurance Company Limited (7.25%), less than Star Health and Allied Insurance Company Limited (7.25%), less than LIC Housing Finance Limited (15.25%), less than LIC Housing Finance Limited (15.25%), less than Go Digit General Insurance Limited (10.54%), less than Nuvama Wealth Management Limited (29.44%), less than Nuvama Wealth Management Limited (29.44%), less than Bandhan Bank Limited (5.08%), less than Bandhan Bank Limited (5.08%), less than Cholamandalam Financial Holdings Limited (11.49%),
| Company | ROE | Market cap |
|---|---|---|
| 7.25% | $271.15B | |
| 7.25% | $271.21B | |
| 15.25% | $293.57B | |
| 15.25% | $293.68B | |
| 10.54% | $314.68B | |
| 29.44% | $257.28B | |
| 29.44% | $257.50B | |
| 5.08% | $239.95B | |
| 5.08% | $239.99B | |
| 11.49% | $340.37B |
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