What does New India Assura do?
New India Assurance Company Ltd is India's largest general insurance provider, established in 1919, with recent net sales of ₹116,642 Cr and a net profit of ₹3,585 Cr as of March 2025. It has a market cap of ₹30,875 Cr and key metrics include a P/E of 30.00 and a dividend yield of 1.11%.
Overview: New India Assurance Company Ltd is the largest general insurance company in India, operating in the insurance industry and classified as a large-cap entity.History:
The company was incorporated in 1919 and has maintained its status as a leading insurer. The latest quarterly results reported are for March 2025, showcasing significant sales and profit figures.
Financial Snapshot:
Most recent Net Sales: 116,642 Cr (Quarterly Results - Mar 2025)
Most recent Net Profit: 3,585 Cr (Quarterly Results - Mar 2025)
Market-cap value: INR 30,875 Cr (Large Cap)
Key Metrics:
P/E: 30.00
Industry P/E: 23
Dividend Yield: 1.11%
Debt Equity: 0.00
Return on Equity: 3.58%
Price to Book: 1.05
Contact Details:
Address: New India Assurance Building, 87 M G Road Fort Mumbai Maharashtra : 400001
Tel: 91-22-22708263
Email: cmd.nia@newindia.co.in
Website: http://www.newindia.co.in
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