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Earnings Call

The New India Assurance Company Earnings Call: Key Takeaways

NIACL reported FY26 PAT of ₹1,384 Cr, up 40% YoY, driven by improved investment returns despite underwriting losses from wage revisions and aviation claims.

Highlights
Revenue growthGWP up 8.15% YoY in FY26.
MarginsCombined ratio 122.57% (116.67% adjusted for wage impact).
Demand visibilityStrong growth momentum in Indian domestic business.
Management confidenceOptimistic about FY27 growth in Retail and MSME.

Growth

FY26 GWP grew 8.15% to ₹47,174 Cr; PAT increased 40% YoY; Indian business grew 10.9%, outpacing industry.

Outlook

Focus on Retail and MSME segments; launching parametric insurance and innovative products for FY27 growth.

Risks

High Motor TP loss ratio; aviation segment losses; impact of ₹3,525 Cr wage/pension revisions on underwriting results.

Source

Earnings Call filed with BSE, NSE: NIACL. Summary written with AI assistance from the document.

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The New India Assurance Company Ltd: key numbers

Share price
₹176.60
Market cap
₹29,104 Cr
Revenue (annual)
₹49,758 Cr
Net profit (annual)
₹1,412 Cr
P/E (TTM)
37.8×Sector 22.0×
Promoter holding
85.44%+0.00% QoQ
FII holding
1.02%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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