New India Assurance Company Ltd (NIACL) — shareholding pattern, promoter holding, financials and share price
About New India Assurance Company Ltd (NIACL)
New India Assurance Company Ltd operates in the General Insurance industry, within the Financial Services sector. It trades on the NSE as NIACL and on the BSE under scrip code 540769. Its ISIN is INE470Y01017.
New India Assurance Company Ltd is India's largest non-life insurance company. It is promoted by the Government of India (GoI) holding ~86% stake. It was established by Sir Dorabji Tata in 1919 and was nationalised in 1973. Post nationalisation, it became one of 4 subsidiaries of General Insurance Company of India (GIC) but gained autonomy after GIC became a re-insurance company in 1999. [1]
The New India Assurance Company Limited (NIACL) is the largest general insurance company in India, offering a wide range of product verticals such as fire, marine, motor, and health insurance across India and 26 other countries.
In Q3 FY26, NIACL achieved a global gross written premium growth of 10.5%, with a significant leap in domestic market share from 12.8% to 13.4%, outpacing industry growth.
Listed peers in General Insurance: Max Financial Services Ltd, Star Health & Allied Insurance Company Ltd, Go Digit General Insurance Ltd, Niva Bupa Health Insurance Company Ltd, Canara HSBC Life Insurance Company Ltd, Turtlemint Fintech Solutions Ltd.
Valuation & Returns
10 Jul 2026At ₹184.05 a share on 10 Jul 2026, New India Assurance Company Ltd (NIACL) was valued at a price-to-earnings ratio of 22.41x against an industry P/E of 15.61x and a price-to-book of 1.06x on a book value of ₹173.13 per share as of Mar 2026. Solomo computes return on equity of 4.74% and return on capital employed of 4.32% from filed results. Earnings ratios use consolidated results for the twelve months Jun 2025 to Mar 2026.
- P/E
- 22.41x
- Industry P/E
- 15.61x
- P/B
- 1.06x
- EPS (TTM)
- ₹8.21
- Book value / share
- ₹173.13
- ROE
- 4.74%
- ROCE
- 4.32%
- ROA
- 1.23%
- Debt / equity
- 0x
- Dividend yield
- 1.79%
- EBITDA margin
- 3.19%
- 52-week range
- ₹116.95 – ₹218
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2026In the year ended Mar 2026, New India Assurance Company Ltd (NIACL) reported revenue of ₹49,758 crore, net profit of ₹1,417 crore and earnings per share of ₹8.57. That compares with revenue of ₹43,541 crore and net profit of ₹1,038 crore in Mar 2025. Figures are consolidated, as filed with the exchanges.
In the quarter ended Mar 2026, revenue was ₹12,544 crore and net profit ₹580 crore (consolidated).
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 35,821 | 41,007 | 43,285 | 43,541 | 49,758 |
| Net profit (₹ cr) | 198 | 1,050 | 1,120 | 1,038 | 1,417 |
| EPS (₹) | 1.18 | 6.36 | 6.77 | 6.29 | 8.57 |
| Measure | 10Y | 5Y | 3Y | 1Y |
|---|---|---|---|---|
| Sales growth | 9.34% | 8.50% | 7.15% | 14.28% |
| Profit growth | 3.58% | -2.92% | 9.45% | 39.22% |
| Stock price CAGR | - | 2% | 15% | -4% |
Ownership Summary
Jun 2026As of Jun 2026, promoters hold 85.44% of New India Assurance Company Ltd (NIACL) (unchanged from the previous quarter), foreign institutional investors (FII) hold 1.02% and domestic institutional investors (DII) hold 11.18%. Market capitalisation was ₹30,331 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Dec 2017.
Largest disclosed public shareholders in Jun 2026: LIFE INSURANCE CORPORATION OF INDIA 8.67%, General Insurance Corporation Of India 1.31%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Jun 2026 | 85.44% | - | 1.02% | 11.18% | 14.56% |
| Mar 2026 | 85.44% | - | 1% | 11.17% | 14.56% |
| Dec 2025 | 85.44% | - | 1% | 11.15% | 14.56% |
| Sep 2025 | 85.44% | - | 1.01% | 11.18% | 14.56% |
| Jun 2025 | 85.44% | - | 1.01% | 11.19% | 14.56% |
| Mar 2025 | 85.44% | - | 0.91% | 11.2% | 14.56% |
| Dec 2024 | 85.44% | - | 0.84% | 11.18% | 14.56% |
| Sep 2024 | 85.44% | - | 0.87% | 11.27% | 14.56% |