Cash flow The New India Assurance Company Limited

Equities

NIACL

INE470Y01017

Multiline Insurance & Brokers

Market Closed - NSE India S.E. Other stock markets 05:10:50 17/09/2024 pm IST			5-day change	1st Jan Change
240.15 ^INR	-0.31%		-6.57%	+14.17%

21/08	The New India Assurance Company Limited Appoints P. K. Goyal as Board Member	CI
16/08	The New India Assurance Company Limited Announces Board Changes	CI

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Published financial data: THE NEW INDIA ASSURANCE COMPANY LIMITED

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: March	2020	2021	2022	2023	2024
Premiums and Annuity Revenues	24TCr	26TCr	29TCr	30TCr	34TCr
Total Interest And Dividend Income	3.47TCr	3.76TCr	4.06TCr	4.48TCr	5.12TCr
Gain (Loss) on Sale of Investments, Total (Rev)	3.31TCr	2.43TCr	2.63TCr	5.99TCr	4.17TCr
Other Revenues, Total	55Cr	29Cr	65Cr	65Cr	15Cr
Total Revenues	30TCr	33TCr	36TCr	41TCr	43TCr
Policy Benefits	22TCr	22TCr	29TCr	29TCr	33TCr
Policy Acquisition / Underwriting Costs, Total	2.31TCr	2.48TCr	2.31TCr	2.44TCr	3.03TCr
Selling General & Admin Expenses, Total	3.9TCr	5.47TCr	4.1TCr	4.39TCr	5.15TCr
Provision for Bad Debts	-	-	-	-	-
Other Operating Expenses	1.06TCr	484.47Cr	411.92Cr	410.93Cr	648.79Cr
Total Operating Expenses	29TCr	31TCr	36TCr	36TCr	42TCr
Operating Income	1.66TCr	1.99TCr	159.76Cr	4.71TCr	1.45TCr
Interest Expense, Total	-65.05L	-5.64Cr	-4.32Cr	-1.25Cr	-6.66Cr
Income (Loss) on Equity Invest.	11Cr	17Cr	21Cr	-11Cr	29Cr
Other Non Operating Income (Expenses)	-	73Cr	30Cr	-3.45TCr	-
EBT, Excl. Unusual Items	1.67TCr	2.08TCr	205.62Cr	1.25TCr	1.47TCr
Gain (Loss) on Sale of Investments	-	-	-	-	-22Cr
Gain (Loss) on Sale of Assets	-2.13Cr	-2.54Cr	-7.49Cr	-5.42Cr	-6.49Cr
Other Unusual Items	-3L	-21T	-	-	-
EBT, Incl. Unusual Items	1.67TCr	2.08TCr	198.13Cr	1.25TCr	1.44TCr
Income Tax Expense	223.37Cr	432.01Cr	-30.73L	195.17Cr	320.98Cr
Earnings From Continuing Operations	1.45TCr	1.65TCr	198.44Cr	1.05TCr	1.12TCr
Net Income to Company	1.45TCr	1.65TCr	198.44Cr	1.05TCr	1.12TCr
Minority Interest	-4.46Cr	-4.74Cr	-3.86Cr	-1.96Cr	-3.95Cr
Net Income - (IS)	1.44TCr	1.64TCr	194.57Cr	1.05TCr	1.12TCr
Net Income to Common Incl Extra Items	1.44TCr	1.64TCr	194.57Cr	1.05TCr	1.12TCr
Net Income to Common Excl. Extra Items	1.44TCr	1.64TCr	194.57Cr	1.05TCr	1.12TCr
Per Share Items
Net EPS - Basic	8.75	9.95	1.18	6.36	6.77
Basic EPS - Continuing Operations	8.75	9.95	1.18	6.36	6.77
Basic Weighted Average Shares Outstanding	164.8Cr	164.8Cr	164.8Cr	164.8Cr	164.8Cr
Net EPS - Diluted	8.75	9.95	1.18	6.36	6.77
Diluted EPS - Continuing Operations	8.75	9.95	1.18	6.36	6.77
Diluted Weighted Average Shares Outstanding	164.8Cr	164.8Cr	164.8Cr	164.8Cr	164.8Cr
Normalized Basic EPS	6.31	7.86	0.76	4.73	5.55
Normalized Diluted EPS	6.31	7.86	0.76	4.73	5.55
Dividend Per Share	-	-	0.3	1.93	2.06
Payout Ratio	20.79	-	2.91	6.18	29.18
Supplemental Items
EBITDA	1.73TCr	2.07TCr	235.18Cr	4.79TCr	1.5TCr
EBITA	1.66TCr	1.99TCr	159.76Cr	4.71TCr	1.45TCr
EBIT	1.66TCr	1.99TCr	159.76Cr	4.71TCr	1.45TCr
EBITDAR	1.88TCr	2.23TCr	405.09Cr	4.96TCr	1.69TCr
Effective Tax Rate - (Ratio)	13.37	20.8	-0.16	15.67	22.27
Total Current Taxes	244.99Cr	445.85Cr	16Cr	219.2Cr	335.99Cr
Total Deferred Taxes	-22Cr	-14Cr	-16Cr	-24Cr	-15Cr
Normalized Net Income	1.04TCr	1.3TCr	124.65Cr	779.63Cr	914.59Cr
Non-Cash Pension Expense	1.76TCr	2.63TCr	1.28TCr	3.19TCr	1.56TCr
Supplemental Operating Expense Items
Advertising Expense	54Cr	29Cr	12Cr	28Cr	21Cr
General and Administrative Expenses	23Cr	45Cr	28Cr	23Cr	18Cr
Net Rental Expense, Total	149.86Cr	160.13Cr	169.91Cr	172.17Cr	183.57Cr

Fiscal Period: March	2020	2021	2022	2023	2024
Assets
Investment In Debt Securities	8.56TCr	9.76TCr	10TCr	10TCr	10TCr
Investment In Equity and Preferred Securities, Total	5.54TCr	7.29TCr	7.18TCr	7.05TCr	9.33TCr
Real Estate Owned	-	-	-	-	-
Mortgage Loans	260.09Cr	275.54Cr	288.23Cr	304.53Cr	346.91Cr
Total Other Investments	4.19TCr	4.75TCr	5.15TCr	6.23TCr	5.66TCr
Total investments	19TCr	22TCr	23TCr	24TCr	25TCr
Cash And Equivalents	11TCr	12TCr	13TCr	12TCr	14TCr
Reinsurance Recoverable - (IS)	6.86TCr	7.02TCr	6.74TCr	5.72TCr	6.12TCr
Other Receivables - (Insurance Template)	2.98TCr	2.25TCr	2.14TCr	2.37TCr	2.29TCr
Separate Account Assets	34TCr	45TCr	49TCr	51TCr	57TCr
Gross Property Plant And Equipment	1.16TCr	1.14TCr	1.21TCr	1.25TCr	1.23TCr
Accumulated Depreciation	-632.83Cr	-659.23Cr	-694.98Cr	-746.26Cr	-753.53Cr
Net Property Plant And Equipment	525.43Cr	480.81Cr	510.57Cr	507.11Cr	474.24Cr
Goodwill	16Cr	69Cr	69Cr	69Cr	14Cr
Other Intangibles, Total	42Cr	13Cr	1.25Cr	1.82Cr	2.63Cr
Other Current Assets, Total	1.33TCr	2.08TCr	1.72TCr	1.79TCr	2.19TCr
Deferred Tax Assets Long-Term (Collected)	225Cr	240.59Cr	256.66Cr	281.02Cr	298.93Cr
Deferred Charges Long-Term	1.73TCr	1.23TCr	820.28Cr	410.14Cr	-
Other Long-Term Assets, Total	-	-	-	-	-
Total Assets	77TCr	92TCr	96TCr	98TCr	1,08100Cr
Liabilities
Accounts Payable, Total	3.22TCr	3.11TCr	2.2TCr	2.02TCr	1.71TCr
Accrued Expenses, Total	1.38TCr	1.47TCr	1.56TCr	1.74TCr	2.28TCr
Insurance And Annuity Liabilities	12TCr	13TCr	13TCr	14TCr	15TCr
Unpaid Claims	26TCr	30TCr	32TCr	33TCr	36TCr
Unearned Premiums	3.97TCr	4.13TCr	5.01TCr	5.16TCr	5.81TCr
Reinsurance Payable - (BS)	1.67TCr	1.38TCr	1.21TCr	918.26Cr	845.49Cr
Current Income Taxes Payable	-	-	-	-	-
Other Current Liabilities - (Brok / FS / Ins. / REIT Template)	718.35Cr	1.18TCr	1.28TCr	1.21TCr	1.63TCr
Total Liabilities	49TCr	54TCr	57TCr	59TCr	63TCr
Common Stock, Total	824Cr	824Cr	824Cr	824Cr	824Cr
Additional Paid In Capital	1.89TCr	1.89TCr	1.89TCr	1.89TCr	1.89TCr
Retained Earnings	14TCr	15TCr	16TCr	17TCr	17TCr
Comprehensive Income and Other	12TCr	20TCr	22TCr	20TCr	25TCr
Total Common Equity	28TCr	38TCr	40TCr	39TCr	45TCr
Minority Interest	35Cr	48Cr	56Cr	57Cr	50Cr
Total Equity	28TCr	39TCr	40TCr	39TCr	45TCr
Total Liabilities And Equity	77TCr	92TCr	96TCr	98TCr	1,08100Cr
Supplemental Items
ECS Total Shares Outstanding on Filing Date	164.8Cr	164.8Cr	164.8Cr	164.8Cr	164.8Cr
ECS Total Common Shares Outstanding	164.8Cr	164.8Cr	164.8Cr	164.8Cr	164.8Cr
Book Value / Share	172.39	233.57	241.83	238.45	275.72
Tangible Book Value	28TCr	38TCr	40TCr	39TCr	45TCr
Tangible Book Value Per Share	172.04	233.08	241.41	238.02	275.62
Total Debt	0	0	0	0	0
Net Debt	-11TCr	-12TCr	-13TCr	-12TCr	-14TCr
Debt Equivalent of Unfunded Proj. Benefit Obligation	3.37TCr	3.36TCr	2.36TCr	2.1TCr	1.89TCr
Debt Equivalent Oper. Leases	1.2TCr	1.28TCr	1.36TCr	1.38TCr	1.47TCr
Minority Interest, Total (Incl. Fin. Div)	35Cr	48Cr	56Cr	57Cr	50Cr
Account Code - Inventory Valuation	3	3	3	3	3
Land - (BS)	83Cr	47Cr	47Cr	49Cr	36Cr
Buildings, Total	228.41Cr	267.81Cr	294.22Cr	316.88Cr	311.12Cr
Machinery, Total	739.31Cr	721.51Cr	757.17Cr	782.31Cr	769.34Cr
Full Time Employees	16.5T	15.25T	13.93T	12.81T	11.94T
Part Time Employees	6	3	3	3	2

Fiscal Period: March	2020	2021	2022	2023	2024
Net Income	1.44TCr	1.64TCr	194.57Cr	1.05TCr	1.12TCr
Depreciation, Depletion & Amortization	64Cr	73Cr	75Cr	78Cr	56Cr
Amortization of Goodwill and Intangible Assets - (CF)	-	-	-	-	-
Total Depreciation, Depletion & Amortization	64Cr	73Cr	75Cr	78Cr	56Cr
Amortization of Deferred Charges, Total	29Cr	29Cr	11Cr	33.46L	22.04L
Other Operating Activities	-2.5TCr	-966.25Cr	-4.33TCr	-6.98TCr	-5.84TCr
Cash from Operations	-967.08Cr	776.89Cr	-4.05TCr	-5.86TCr	-4.67TCr
Capital Expenditure	-100Cr	-99Cr	-116.89Cr	-98Cr	-70Cr
Sale of Property, Plant, and Equipment	34Cr	50Cr	21Cr	25Cr	18Cr
Investment in Marketable and Equity Securities, Total	-736.54Cr	-4.3TCr	888.48Cr	1.13TCr	1.96TCr
Other Investing Activities, Total	3.39TCr	3.76TCr	4.1TCr	4.33TCr	4.98TCr
Cash from Investing	2.59TCr	-593.19Cr	4.89TCr	5.39TCr	6.89TCr
Long-Term Debt Repaid, Total	-	-	-	-	-
Total Debt Repaid	-	-	-	-	-
Issuance of Common Stock	-	67Cr	-	-	-
Common Dividends Paid	-299.8Cr	-	-5.66Cr	-65Cr	-325.82Cr
Common & Preferred Stock Dividends Paid	-299.8Cr	-	-5.66Cr	-65Cr	-325.82Cr
Other Financing Activities, Total	-	9.74Cr	-	-	-
Cash from Financing	-299.8Cr	77Cr	-5.66Cr	-65Cr	-325.82Cr
Foreign Exchange Rate Adjustments	238.54Cr	259.55Cr	6.72Cr	314.21Cr	22Cr
Miscellaneous Cash Flow Adjustments	-	-	-1T	-	490
Net Change in Cash	1.56TCr	520.05Cr	842.34Cr	-219.36Cr	1.91TCr
Supplemental Items
Cash Income Tax Paid (Refund)	265.95Cr	431.45Cr	-157.18Cr	357.59Cr	348.44Cr
Net Debt Issued / Repaid	-	-	-	-	-
Levered Free Cash Flow	6.5TCr	6.62TCr	2.95TCr	4.51TCr	4.37TCr
Unlevered Free Cash Flow	6.5TCr	6.62TCr	2.95TCr	4.51TCr	4.37TCr
Change In Net Working Capital	-5.47TCr	-5.37TCr	-2.88TCr	-1.58TCr	-3.48TCr

Fiscal Period: March	2020	2021	2022	2023	2024
Profitability
Return on Assets	1.32	1.47	0.11	3.02	0.88
Return on Total Capital	3.08	3.72	0.25	7.42	2.13
Return On Equity %	4.3	4.91	0.51	2.65	2.64
Return on Common Equity	4.29	4.9	0.5	2.65	2.64
Margin Analysis
Gross Profit Margin %	21.69	24.4	13.04	23.21	16.66
SG&A Margin	12.78	16.79	11.44	10.71	11.84
EBITDA Margin %	5.66	6.35	0.66	11.69	3.46
EBITA Margin %	5.45	6.12	0.45	11.5	3.33
EBIT Margin %	5.45	6.12	0.45	11.5	3.33
Income From Continuing Operations Margin %	4.74	5.05	0.55	2.56	2.58
Net Income Margin %	4.73	5.03	0.54	2.56	2.57
Net Avail. For Common Margin %	4.73	5.03	0.54	2.56	2.57
Normalized Net Income Margin	3.41	3.97	0.35	1.9	2.1
Levered Free Cash Flow Margin	21.3	20.3	8.22	11	10.05
Unlevered Free Cash Flow Margin	21.31	20.31	8.23	11	10.06
Asset Turnover
Asset Turnover	0.39	0.38	0.38	0.42	0.42
Fixed Assets Turnover	58.45	64.78	72.25	80.49	88.64
Receivables Turnover (Average Receivables)	33.03	77.41	139.62	116.9	105.35
Short Term Liquidity
Current Ratio	0.48	0.44	0.43	0.42	0.43
Quick Ratio	0.28	0.25	0.26	0.28	0.28
Operating Cash Flow to Current Liabilities	-0.02	0.01	-0.07	-0.1	-0.07
Days Sales Outstanding (Average Receivables)	11.08	4.72	2.61	3.12	3.47
Average Days Payable Outstanding	609.44	665.66	561.84	577.36	-
Long Term Solvency
Total Liabilities / Total Assets	63.18	58.32	58.64	59.93	57.93
EBIT / Interest Expense	2.55T	353.92	36.97	3.76T	217.15
EBITDA / Interest Expense	2.65T	366.95	54.42	3.82T	225.61
(EBITDA - Capex) / Interest Expense	2.5T	349.4	27.37	3.74T	215.17
Net Debt / EBITDA	-6.53	-5.7	-53.7	-2.59	-9.53
Net Debt / (EBITDA - Capex)	-6.93	-5.99	-106.77	-2.65	-9.99
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	10.65	6.87	9.89	14.36	6.16
Gross Profit, 1 Yr. Growth %	37.75	20.19	-41.27	103.58	-23.89
EBITDA, 1 Yr. Growth %	123.6	17.82	-89.17	1.87T	-68.66
EBITA, 1 Yr. Growth %	143.61	20.02	-92.27	2.85T	-69.34
EBIT, 1 Yr. Growth %	143.61	20.02	-92.27	2.85T	-69.34
Earnings From Cont. Operations, 1 Yr. Growth %	137.21	13.72	-87.94	429.12	6.71
Net Income, 1 Yr. Growth %	138.5	13.74	-88.14	438.62	6.53
Normalized Net Income, 1 Yr. Growth %	145.31	24.45	-90.38	525.48	16.29
Diluted EPS Before Extra, 1 Yr. Growth %	138.5	13.74	-88.14	438.62	6.53
Net Property, Plant and Equip., 1 Yr. Growth %	1.42	-8.49	6.19	-0.68	-6.48
Accounts Receivable, 1 Yr. Growth %	-52.27	-53.3	-8.58	63.52	1.36
Total Assets, 1 Yr. Growth %	-4.1	19.7	4.35	1.79	10.08
Common Equity, 1 Yr. Growth %	-26.91	35.49	3.54	-1.4	15.63
Tangible Book Value, 1 Yr. Growth %	-26.89	35.48	3.57	-1.4	15.8
Cash From Operations, 1 Yr. Growth %	-27.51	-180.33	-621.5	44.52	-20.21
Capital Expenditures, 1 Yr. Growth %	-17.79	-1.07	18.17	-16.33	-28.88
Levered Free Cash Flow, 1 Yr. Growth %	43.07	1.82	-55.79	53.15	-3.16
Unlevered Free Cash Flow, 1 Yr. Growth %	43.08	1.87	-55.77	53.04	-3.09
Dividend Per Share, 1 Yr. Growth %	-	-	-	543.33	6.74
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	10.19	8.74	8.37	12.1	10.2
Gross Profit, 2 Yr. CAGR %	2.39	28.67	-15.98	9.34	24.55
EBITDA, 2 Yr. CAGR %	-21.51	63.69	-63.4	48.5	148.71
EBITA, 2 Yr. CAGR %	-21.93	70.99	-68.99	50.89	200.96
EBIT, 2 Yr. CAGR %	-21.93	70.99	-68.99	50.89	200.96
Earnings From Cont. Operations, 2 Yr. CAGR %	-18.73	64.24	-62.96	-20.11	137.62
Net Income, 2 Yr. CAGR %	-18.85	64.71	-63.27	-20.07	139.54
Normalized Net Income, 2 Yr. CAGR %