The New India Assurance Company share price
NSE: NIACLBSE: 540769InsuranceSmall Cap
Share price at the NSE close on 28 Oct 2026. Previous close ₹163.59.
28 Oct: open ₹163.59, high ₹165.59, low ₹160.74
- Next results date: the board meets on 30 Oct 2026 to consider: financial results. The notice · Results calendar
- 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. Market capitalisation: how it is worked out
- ₹27,100 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. Price to earnings, trailing: how it is worked out
- 37.78
- 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. Price to book: how it is worked out
- 1.11
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 0.91%
- 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.
- 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. Solvency ratio in the glossary
- 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. Gross premium in the glossary
- ₹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. Combined ratio in the glossary
- 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. Claims ratio in the glossary
- 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. Expense ratio in the glossary
- 21.80%
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day. Volume in the glossary
- 5,60,04428.3% delivered
About The New India Assurance Company
The New India Assurance Company Limited is a Mumbai-based general insurer: it sells non-life insurance (cover for property, health, vehicles and other risks rather than lives) and reinsurance.1 It insures individuals for health, motor, property and personal accident, large companies and infrastructure projects for engineering, marine and liability risks, and clients abroad.2
Its products include Paripoorna Mediclaim Ayush Bima for central government health scheme members, the New India Bharat Flexi Griha Raksha long-term policy, and Udyam Bima, Bima Sathi and New India Mahila Udyam Bima for small businesses and women entrepreneurs.34 It was incorporated on 23 July 1919 and began operating abroad in 1920, with a branch in London.15 It has insurance subsidiaries in Nigeria (Prestige Assurance Plc) and Trinidad and Tobago, and holds a stake in India International Insurance Pte. Ltd. of Singapore.6 It is present in 24 countries, including 1 through an associate, with 19 branch offices in 9 countries and 7 agency offices in 6 countries.7
The Government of India is its majority owner and appoints its directors.89 It has been identified as a Domestic Systemically Important Insurer, an insurer whose failure would affect the wider financial system.10
The New India Assurance Company key points
Results
- In the year to Mar 2026, standalone global gross written premium (all premium written before passing risk to reinsurers; standalone means the company's own accounts, without subsidiaries) rose 8% to ₹47,174 crore from ₹43,618 crore.11
- In the year to Mar 2026, standalone profit after tax was ₹1,384 crore against ₹988 crore a year earlier; profit before tax was ₹1,261 crore, investment income ₹11,112 crore and net worth including fair value ₹37,497 crore.1213
- In the quarter to Jun 2026, standalone gross written premium rose 2.9% to ₹13,720 crore, and the company reported a loss after tax of ₹257 crore against a profit of ₹391 crore a year earlier.141513
- Chairperson Girija Subramanian said motor third-party insurance (cover for harm caused to others) hurt the quarter to Jun 2026, as its premium rates did not rise while claim costs did.16
Market position
- In its release of 12 Dec 2025, AM Best, a credit rating agency, described the company as the largest non-life insurer in India by gross premiums written.17
- In the quarter to Jun 2026, the company's domestic gross direct premium (premium on policies it writes itself, before reinsurance) grew 3% and its market share rose to 14.45% from 12.74% the quarter before.18
- Market share by line of business in India1920
Item year to Mar 2026 Aviation 40.05% Marine 17.76%
Business segments
- Premium by line, as the company reports each212223
Item year to Mar 2026 Health, including retail, group and government business ₹21,531 crore Motor ₹10,727 crore Fire ₹4,834.55 crore Engineering ₹1,191.18 crore - In motor third-party insurance, 1,60,153 claims were pending at the end of the year to Mar 2026, and the claim settlement ratio (claims settled as a share of claims to be dealt with) for the year was 30.15%.24
- The company covers 16.78 crore lives under the Pradhan Mantri Jan Dhan Yojana and 7.88 crore under the Pradhan Mantri Suraksha Bima Yojana, a ₹2 lakh accident cover costing ₹20 a year.2526
Investments, capital and risk retention
- At the end of June 2026, the company's investment assets were ₹99,980 crore at market value.27
- The company's solvency ratio (capital as a multiple of the regulator's requirement) was 1.80 times at the end of June 2026; the regulatory minimum is 1.50 times.2728
- The company keeps at most ₹775 crore of probable maximum loss (the largest loss expected from one event) on any single risk for its own account.29
Branches and reach
- At 31 Mar 2026 the company had 1,594 offices, including the head office and 28 regional offices, after closing 76 unviable offices during the year.30
- The company had 1,26,005 agents at 31 Mar 2026; agents brought in ₹11,545.67 crore of premium in the year to Mar 2026, 26.96% of its domestic premium.31
- Insurance brokers brought in ₹18,595.57 crore of premium in the year to Mar 2026, up 14.83%.32
What the company expects
- In its presentation of 24 Jul 2026, the company said its priorities for the year to Mar 2027 include new retail and small business products, growth in segments other than motor and health, and steps to improve its global credit rating.33
- The company stated in its annual report for the year to Mar 2026 that under its "GO Retail" directive for the year to Mar 2027 it is expanding in rural areas and smaller towns.34
Recent events
- On 17 Apr 2026, the company reported that Crisil had reaffirmed its AAA/Stable rating, which Crisil defines as carrying the highest degree of safety for timely servicing of debt.35
- On 12 Dec 2025, AM Best revised its outlook to positive from stable and affirmed its B++ (Good) financial strength rating, citing improving risk management.36
Litigation and regulatory matters
- In its exchange filing of 30 Dec 2025, the company said a GST order for April 2018 to March 2023 dropped ₹21,87,94,90,946 of a ₹22,98,06,69,251 demand, upheld the rest with interest and penalty, and was being challenged; its documents give no outcome.37
- The Comptroller and Auditor General found that interest and penalty of ₹1,341.09 crore on 51 GST demand cases were left out of the contingent liabilities for the year to Mar 2026; the company replied that it took corrective action in the year to Mar 2027.38
- The auditors qualified their opinion (stated an exception) on both the standalone and consolidated accounts for the year to Mar 2026 because inter-office balances, bank transactions and reinsurer dues were unreconciled, an impact they called not ascertainable.3940
- In its annual report for the year to Mar 2026, the company said BSE and NSE fined it for each quarter from Jun 2025 to Mar 2026 over a board lacking the required independent directors; it had sought a waiver, with no outcome given.41
Last updated
All 41 sources, each with its page
- 1. Annual report, 26 Jul 2026, page 110
- 2. Annual report, 26 Jul 2026, page 111
- 3. Annual report, 26 Jul 2026, page 45
- 4. Annual report, 26 Jul 2026, page 52
- 5. Annual report, 26 Jul 2026, page 43
- 6. Annual report, 26 Jul 2026, page 44
- 7. Annual report, 26 Jul 2026, page 306
- 8. Exchange filing, 12 Dec 2025, page 2
- 9. Annual report, 26 Jul 2026, page 86
- 10. Annual report, 26 Jul 2026, page 54
- 11. Annual report, 26 Jul 2026, page 43
- 12. Annual report, 26 Jul 2026, page 4
- 13. Investor presentation, 24 Jul 2026, page 7
- 14. Investor presentation, 24 Jul 2026, page 4
- 15. Investor presentation, 24 Jul 2026, page 6
- 16. Investor presentation, 24 Jul 2026, page 4
- 17. Exchange filing, 12 Dec 2025, page 3
- 18. Investor presentation, 24 Jul 2026, page 12
- 19. Annual report, 26 Jul 2026, page 48
- 20. Annual report, 26 Jul 2026, page 47
- 21. Annual report, 26 Jul 2026, page 45
- 22. Annual report, 26 Jul 2026, page 46
- 23. Annual report, 26 Jul 2026, page 44
- 24. Annual report, 26 Jul 2026, page 47
- 25. Annual report, 26 Jul 2026, page 46
- 26. Annual report, 26 Jul 2026, page 50
- 27. Investor presentation, 24 Jul 2026, page 4
- 28. Annual report, 26 Jul 2026, page 64
- 29. Annual report, 26 Jul 2026, page 150
- 30. Annual report, 26 Jul 2026, page 44
- 31. Annual report, 26 Jul 2026, page 50
- 32. Annual report, 26 Jul 2026, page 49
- 33. Investor presentation, 24 Jul 2026, page 18
- 34. Annual report, 26 Jul 2026, page 12
- 35. Exchange filing, 17 Apr 2026, page 1
- 36. Exchange filing, 12 Dec 2025, page 2
- 37. Exchange filing, 30 Dec 2025, page 1
- 38. Annual report, 26 Jul 2026, page 168
- 39. Annual report, 26 Jul 2026, page 153
- 40. Annual report, 26 Jul 2026, page 234
- 41. Annual report, 26 Jul 2026, page 86
Results
Standalone, as consolidated accounts are on record for only 6 of the last ten years; ₹ crore. Gross premium is what policyholders paid in the period, before the part passed on to reinsurers.The New India Assurance Company quarterly results
- Gross premium growth, 12 monthsGross premium growth, 12 months. The last twelve months against the twelve before them. Left empty where the earlier figure was nought or a loss: growth out of a loss has no percentage.
- +10.5%
- Net profit growth, 12 monthsNet profit growth, 12 months. The last twelve months against the twelve before them. Left empty where the earlier figure was nought or a loss: growth out of a loss has no percentage.
- −36.6%
Quarter to Jun 2026, against the quarter before
- 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. Net profit in the glossary
- −₹257 CrQuarter to Mar 2026: ₹558 Cr
Gross premium by quarter
Net profit by quarter, a loss in red
- Net profit
- Loss
| ₹ crore | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| 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 |
Year to Mar 2026, against the year before
- Gross premium
- ₹47,174 Cr
- Net profitNet profit. The pill is the change in net profit against the year before: this period's figure divided by that one's, less one, in per cent.
- ₹1,384 Crup 40.03%
Gross premium by year
Net profit by year, a loss in red
| ₹ crore | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Gross premium | 28,017 | 31,244 | 33,046 | 36,835 | 38,791 | 41,996 | 43,618 | 47,174 |
| Net profit | 580 | 1,418 | 1,605 | 164 | 1,055 | 1,129 | 988 | 1,384 |
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%
Valuation
Today, against the company's own history.The New India Assurance Company PE ratio and valuation
At or below today's level on 61% of 1,219 trading days over the last 5 years.
At or below today's level on 38% of 1,886 trading days since Feb 2019.
At or below today's level on 54% of 2,156 trading days since Jan 2018.
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% |
Mutual fund holdings
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.All 50 funds holding The New India Assurance Company
- 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. Sold out in the glossary
- 34
| Fund | |||
|---|---|---|---|
| 3,73,584 | 0.29% | ₹6.24 Cr | |
| 3,72,109 | 0.18% | ₹6.22 Cr | |
| 2,91,994 | 0.18% | ₹4.88 Cr | |
| 1,89,024 | 0.18% | ₹3.16 Cr | |
| 1,34,084 | 0.18% | ₹2.24 Cr | |
| 84,758 | 0.18% | ₹1.42 Cr | |
| 81,285 | 0.18% | ₹1.36 Cr | |
| 59,555 | 1.26% | ₹0.99 Cr | |
| 52,197 | 0.19% | ₹0.87 Cr | |
| 42,417 | 0.18% | ₹0.71 Cr |
The New India Assurance Company competitors and peers
Insurance, 13 listed companies, priced on 28 Oct 2026. The table lists the 8 companies closest to The New India Assurance Company in market cap.Finance companies
Where the company sits among the companies nearest its size
| Company | ||||||||
|---|---|---|---|---|---|---|---|---|
| 59,791 | 33.98 | 4.09 | +15.2% | +34.0% | 12.9% | – | 0.40% | |
| 57,036 | 6.41 | 0.93 | +4.3% | +4.0% | 15.8% | – | 4.08% | |
| 42,263 | – | 7.39 | +17.6% | – | – | 4.1% | 0.00% | |
| 30,564 | 29.00 | 4.03 | – | +97.7% | 14.4% | – | 0.00% | |
| 24,248 | 49.24 | 5.12 | +8.3% | +6.6% | 11.0% | – | 0.00% | |
| 13,462 | – | – | – | – | – | – | 0.00% | |
| 11,748 | 87.95 | 7.17 | – | – | 8.4% | – | 0.32% | |
| 2,216 | 23.77 | 2.64 | +27.4% | −1.3% | 13.5% | 11.2% | 0.67% |
Dividends
Per share, by the year it was paid for, and the latest payments.The New India Assurance Company dividend history
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. Dividend per share in the glossary| 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. Final dividend in the glossary | ₹1.50 |
| 4 Sep 2025 | Final | ₹1.80 |
| 6 Sep 2024 | Final | ₹2.06 |
| 8 Sep 2023 | Final | ₹1.93 |
| 25 Aug 2022 | Final | ₹0.30 |
| 18 Jul 2019 | Final | ₹1.50 |
Latest announcements
Routine notices left out.The New India Assurance Company announcements
Oct 2026
23 Oct · Board meeting
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 annual report, year to Mar 2026
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 |
Recent sessions
The 9 trading days to 27 Oct 2026, as traded on NSE; the latest is at the top of the page.
| Date | Open | High | Low | Close | Average price | Volume | Delivery |
|---|---|---|---|---|---|---|---|
| 27 Oct 2026 | 162.80 | 165.47 | 161.20 | 163.59 | 163.54 | 9,13,807 | 34.2% |
| 26 Oct 2026 | 159.80 | 163.88 | 157.30 | 161.40 | 160.92 | 10,25,481 | 23.4% |
| 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% |
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. |
Company details
- NSE symbol
- NIACL
- BSE code
- 540769
- ISIN
- INE470Y01017
- Industry
- Insurance
- Website
- www.newindia.co.in
- CIN
- L66000MH1919GOI000526
- Corporate identity number, the registrar of companies' code for it
- Incorporated
- 1919
- Registered office
- 87, M.G. Road, Fort, Mumbai 400001, Maharashtra
- Share registrar
- MUFG Intime India Pvt. Ltd
- Keeps the register of shareholders and handles transfers and dividend payments