Financial Ratios 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	237B	264B	291B	304B	342B
Total Interest And Dividend Income	34.67B	37.59B	40.59B	44.78B	51.15B
Gain (Loss) on Sale of Investments, Total (Rev)	33.14B	24.27B	26.26B	59.89B	41.74B
Other Revenues, Total	549M	294M	653M	652M	151M
Total Revenues	305B	326B	358B	410B	435B
Policy Benefits	216B	222B	288B	290B	332B
Policy Acquisition / Underwriting Costs, Total	23.08B	24.84B	23.13B	24.4B	30.33B
Selling General & Admin Expenses, Total	38.97B	54.73B	40.98B	43.88B	51.49B
Provision for Bad Debts	-	-	-	-	-
Other Operating Expenses	10.57B	4.84B	4.12B	4.11B	6.49B
Total Operating Expenses	288B	306B	357B	362B	420B
Operating Income	16.62B	19.95B	1.6B	47.08B	14.47B
Interest Expense, Total	-6.5M	-56.36M	-43.22M	-12.53M	-66.64M
Income (Loss) on Equity Invest.	110M	175M	205M	-113M	293M
Other Non Operating Income (Expenses)	-	733M	297M	-34.45B	-
EBT, Excl. Unusual Items	16.72B	20.8B	2.06B	12.51B	14.7B
Gain (Loss) on Sale of Investments	-	-	-	-	-218M
Gain (Loss) on Sale of Assets	-21.32M	-25.37M	-74.88M	-54.18M	-64.89M
Other Unusual Items	-300K	-21K	-	-	-
EBT, Incl. Unusual Items	16.7B	20.77B	1.98B	12.45B	14.41B
Income Tax Expense	2.23B	4.32B	-3.07M	1.95B	3.21B
Earnings From Continuing Operations	14.47B	16.45B	1.98B	10.5B	11.2B
Net Income to Company	14.47B	16.45B	1.98B	10.5B	11.2B
Minority Interest	-44.62M	-47.44M	-38.64M	-19.58M	-39.52M
Net Income - (IS)	14.42B	16.4B	1.95B	10.48B	11.16B
Net Income to Common Incl Extra Items	14.42B	16.4B	1.95B	10.48B	11.16B
Net Income to Common Excl. Extra Items	14.42B	16.4B	1.95B	10.48B	11.16B
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	1.65B	1.65B	1.65B	1.65B	1.65B
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	1.65B	1.65B	1.65B	1.65B	1.65B
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	17.26B	20.68B	2.35B	47.86B	15.03B
EBITA	16.62B	19.95B	1.6B	47.08B	14.47B
EBIT	16.62B	19.95B	1.6B	47.08B	14.47B
EBITDAR	18.76B	22.28B	4.05B	49.59B	16.87B
Effective Tax Rate - (Ratio)	13.37	20.8	-0.16	15.67	22.27
Total Current Taxes	2.45B	4.46B	159M	2.19B	3.36B
Total Deferred Taxes	-216M	-138M	-162M	-240M	-150M
Normalized Net Income	10.41B	12.95B	1.25B	7.8B	9.15B
Non-Cash Pension Expense	17.6B	26.3B	12.84B	31.88B	15.65B
Supplemental Operating Expense Items
Advertising Expense	535M	294M	119M	284M	206M
General and Administrative Expenses	226M	453M	284M	232M	183M
Net Rental Expense, Total	1.5B	1.6B	1.7B	1.72B	1.84B

Fiscal Period: March	2020	2021	2022	2023	2024
Assets
Investment In Debt Securities	85.56B	97.58B	101B	101B	100B
Investment In Equity and Preferred Securities, Total	55.39B	72.91B	71.82B	70.53B	93.3B
Real Estate Owned	-	-	-	-	-
Mortgage Loans	2.6B	2.76B	2.88B	3.05B	3.47B
Total Other Investments	41.94B	47.47B	51.47B	62.26B	56.63B
Total investments	185B	221B	227B	236B	254B
Cash And Equivalents	113B	118B	126B	124B	143B
Reinsurance Recoverable - (IS)	68.55B	70.21B	67.41B	57.16B	61.19B
Other Receivables - (Insurance Template)	29.77B	22.48B	21.45B	23.75B	22.86B
Separate Account Assets	337B	452B	489B	510B	570B
Gross Property Plant And Equipment	11.58B	11.4B	12.06B	12.53B	12.28B
Accumulated Depreciation	-6.33B	-6.59B	-6.95B	-7.46B	-7.54B
Net Property Plant And Equipment	5.25B	4.81B	5.11B	5.07B	4.74B
Goodwill	156M	691M	690M	690M	140M
Other Intangibles, Total	419M	127M	12.45M	18.2M	26.32M
Other Current Assets, Total	13.25B	20.8B	17.17B	17.88B	21.94B
Deferred Tax Assets Long-Term (Collected)	2.25B	2.41B	2.57B	2.81B	2.99B
Deferred Charges Long-Term	17.31B	12.3B	8.2B	4.1B	-
Other Long-Term Assets, Total	-	-	-	-	-
Total Assets	773B	925B	965B	982B	1,081B
Liabilities
Accounts Payable, Total	32.15B	31.06B	21.98B	20.24B	17.11B
Accrued Expenses, Total	13.84B	14.72B	15.62B	17.41B	22.81B
Insurance And Annuity Liabilities	118B	126B	135B	145B	148B
Unpaid Claims	260B	301B	319B	334B	355B
Unearned Premiums	39.72B	41.34B	50.08B	51.59B	58.1B
Reinsurance Payable - (BS)	16.72B	13.79B	12.07B	9.18B	8.45B
Current Income Taxes Payable	-	-	-	-	-
Other Current Liabilities - (Brok / FS / Ins. / REIT Template)	7.18B	11.8B	12.78B	12.11B	16.27B
Total Liabilities	488B	539B	566B	589B	626B
Common Stock, Total	8.24B	8.24B	8.24B	8.24B	8.24B
Additional Paid In Capital	18.91B	18.91B	18.91B	18.91B	18.91B
Retained Earnings	137B	154B	156B	167B	174B
Comprehensive Income and Other	120B	204B	215B	199B	253B
Total Common Equity	284B	385B	399B	393B	454B
Minority Interest	354M	481M	557M	574M	497M
Total Equity	284B	385B	399B	394B	455B
Total Liabilities And Equity	773B	925B	965B	982B	1,081B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	1.65B	1.65B	1.65B	1.65B	1.65B
ECS Total Common Shares Outstanding	1.65B	1.65B	1.65B	1.65B	1.65B
Book Value / Share	172.39	233.57	241.83	238.45	275.72
Tangible Book Value	284B	384B	398B	392B	454B
Tangible Book Value Per Share	172.04	233.08	241.41	238.02	275.62
Total Debt	0	0	0	0	0
Net Debt	-113B	-118B	-126B	-124B	-143B
Debt Equivalent of Unfunded Proj. Benefit Obligation	33.71B	33.61B	23.61B	21.04B	18.93B
Debt Equivalent Oper. Leases	11.99B	12.81B	13.59B	13.77B	14.69B
Minority Interest, Total (Incl. Fin. Div)	354M	481M	557M	574M	497M
Account Code - Inventory Valuation	3	3	3	3	3
Land - (BS)	826M	474M	471M	486M	355M
Buildings, Total	2.28B	2.68B	2.94B	3.17B	3.11B
Machinery, Total	7.39B	7.22B	7.57B	7.82B	7.69B
Full Time Employees	16.5K	15.25K	13.93K	12.81K	11.94K
Part Time Employees	6	3	3	3	2

Fiscal Period: March	2020	2021	2022	2023	2024
Net Income	14.42B	16.4B	1.95B	10.48B	11.16B
Depreciation, Depletion & Amortization	640M	734M	754M	781M	564M
Amortization of Goodwill and Intangible Assets - (CF)	-	-	-	-	-
Total Depreciation, Depletion & Amortization	640M	734M	754M	781M	564M
Amortization of Deferred Charges, Total	293M	292M	112M	3.35M	2.2M
Other Operating Activities	-25.03B	-9.66B	-43.33B	-69.82B	-58.45B
Cash from Operations	-9.67B	7.77B	-40.52B	-58.55B	-46.72B
Capital Expenditure	-1B	-989M	-1.17B	-978M	-696M
Sale of Property, Plant, and Equipment	337M	499M	208M	253M	181M
Investment in Marketable and Equity Securities, Total	-7.37B	-43.03B	8.88B	11.3B	19.61B
Other Investing Activities, Total	33.89B	37.58B	41B	43.29B	49.76B
Cash from Investing	25.86B	-5.93B	48.93B	53.87B	68.86B
Long-Term Debt Repaid, Total	-	-	-	-	-
Total Debt Repaid	-	-	-	-	-
Issuance of Common Stock	-	671M	-	-	-
Common Dividends Paid	-3B	-	-56.55M	-648M	-3.26B
Common & Preferred Stock Dividends Paid	-3B	-	-56.55M	-648M	-3.26B
Other Financing Activities, Total	-	97.4M	-	-	-
Cash from Financing	-3B	768M	-56.55M	-648M	-3.26B
Foreign Exchange Rate Adjustments	2.39B	2.6B	67.2M	3.14B	221M
Miscellaneous Cash Flow Adjustments	-	-	-1K	-	490
Net Change in Cash	15.58B	5.2B	8.42B	-2.19B	19.1B
Supplemental Items
Cash Income Tax Paid (Refund)	2.66B	4.31B	-1.57B	3.58B	3.48B
Net Debt Issued / Repaid	-	-	-	-	-
Levered Free Cash Flow	64.97B	66.16B	29.45B	45.05B	43.69B
Unlevered Free Cash Flow	64.98B	66.19B	29.48B	45.06B	43.74B
Change In Net Working Capital	-54.66B	-53.69B	-28.78B	-15.83B	-34.82B

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	2.55K	353.92	36.97	3.76K	217.15
EBITDA / Interest Expense	2.65K	366.95	54.42	3.82K	225.61
(EBITDA - Capex) / Interest Expense	2.5K	349.4	27.37	3.74K	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	1.87K	-68.66
EBITA, 1 Yr. Growth %	143.61	20.02	-92.27	2.85K	-69.34
EBIT, 1 Yr. Growth %	143.61	20.02	-92.27	2.85K	-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 %