NIACL
The New India Assurance Company Limited
Each stock's 10,000-path forecast, rendered as light.
The New India Assurance Company Limited (NIACL) Stock Analysis & Case Study
Is NIACL a good buy? The data-driven verdict.
The New India Assurance Company Limited (NIACL) trades at ₹180,on the numbers it tread carefully, a Downstox Snapshot Score of 39/100.
On the numbers, The New India Assurance Company Limited (NIACL) tread carefully, a Downstox Snapshot Score of 39/100, weighing premium at 38.5× earnings, ROE of 4.9%, a 51% model probability of trading higher in a year. Below: the full bull case, bear case, sector-relative valuation, and a probability-weighted price target for 2027-2031.
Last updated . Data snapshot for research, not investment advice.
NIACL fundamentals at a glance, PE, PB, ROE, ROCE, market cap, dividend yield
How NIACL ranks against the 2,374 companies in our screener
- NIACL's market cap of 29,585 Cr ranks in the 88th percentile of the 2,374 NSE companies in our screener, as of 10 Aug 2026.
- NIACL's book value of ₹173 ranks in the 68th percentile of the 2,374 NSE companies in our screener, as of 10 Aug 2026.
- NIACL's promoter holding of 85.4% ranks in the top 1% of the 2,374 NSE companies in our screener, as of 10 Aug 2026.
- NIACL's 3-year profit (PAT) growth of 99.0% ranks in the 94th percentile of the 2,374 NSE companies in our screener, as of 10 Aug 2026.
- NIACL's 3-year revenue growth of 7.0% ranks in the 41st percentile of the 2,374 NSE companies in our screener, as of 10 Aug 2026.
We do not hold a debt-to-equity ratio figure for NIACL, as of 10 Aug 2026, so it is not ranked here.
Is NIACL overvalued? NIACL P/E vs peers
NIACL trades at 38.5× earnings. We don't have a verified sector peer group for this stock yet, so no sector peer median or peer comparison table is shown here. Showing one anyway would compare it against an arbitrary set of large-cap names, not real sector peers.
NIACL share price target 2027, 2028, 2029, 2030, 2031, a probability view
Unlike a single guessed number, this is a probability-weighted range from a 10,000-path Monte-Carlo simulation on 8.6y of NIACL history (-8%/yr drift, 43%/yr volatility).
| Year | Low (P10) | Median target (P50) | High (P90) | Upside vs today |
|---|---|---|---|---|
| NIACL 2027 | ₹104 | ₹180 | ₹314 | +1% |
| NIACL 2028 | ₹84 | ₹183 | ₹398 | +3% |
| NIACL 2029 | ₹70 | ₹185 | ₹490 | +4% |
| NIACL 2030 | ₹61 | ₹188 | ₹574 | +5% |
| NIACL 2031 | ₹55 | ₹190 | ₹655 | +7% |
Median (P50) is the central estimate; the P10-P90 band is the 80% confidence range. Probabilities, not promises.
What is the probability NIACL goes up, or doubles?
The bull case for NIACL
- Low price-to-book of 1.04×, the market is paying little over the company's net assets.
- Upside scenario: the model's optimistic (P90) 3-year path reaches ₹490.
The bear case & risks
- NIACL's P/E of 38.5x is lower than 35% of the 2,374 NSE companies in our screener, as of 10 Aug 2026.
- NIACL's return on equity of 4.9% ranks in the 29th percentile of the 2,374 NSE companies in our screener, as of 10 Aug 2026.
- Downside scenario: the model's pessimistic (P10) 3-year path falls to ₹70.
NIACL volatility & expected range, how bumpy is the ride?
Over the last 8.6 years NIACL compounded at -8%/year with annualized volatility of 43%. That volatility implies a 1-year 80% range of ₹104-₹314, the honest backbone behind any single price target.
NIACL price forecast, the full 60-month probability fan
NIACL price probability fan
Each band shows where 10,000 simulated paths land. The wider the fan, the more uncertainty.
Probability of key outcomes
What are the odds NIACL hits common targets within the simulated horizon?
Full multi-horizon detail on the NIACL price target & forecast page.
NIACL Piotroski F-Score: 6/8, how financially strong is it?
The Piotroski F-Score grades financial strength on profitability, leverage and efficiency checks. Downstox scores the eight checks it can verify from published filings, so 8 is full marks. NIACL scores 6/8, mixed financial health.
NIACL MTF margin & leverage across 10 brokers
Margin Trading Facility lets you buy NIACL with part of the capital. Lower margin % = higher leverage. Rates compared across 10 brokers (no competitor publishes this):
| Broker | Margin required | Approx. leverage |
|---|---|---|
| Upstox | 36.39% | 2.7× |
| Zerodha | 36.35% | 2.8× |
| Groww | 36.40% | 2.7× |
| Dhan | 36.35% | 2.8× |
| Kotak Neo | 36.36% | 2.8× |
| Paytm Money | 36.40% | 2.7× |
| Pocketful | 36.50% | 2.7× |
| Anand Rathi | 36.35% | 2.8× |
| Bajaj Broking | 37.00% | 2.7× |
| Share IndiaCHEAPEST | 36.19% | 2.8× |
Compare every broker on the NIACL MTF page.
About The New India Assurance Company Limited: sector, index & market-cap context
The New India Assurance Company Limited (NIACL) is a mid-cap NSE-listed company, and a constituent of the Nifty 500 index, with a market capitalisation of ₹29,585 Cr. See more stocks on our screener.
How the NIACL Snapshot Score & forecast are built
The Downstox Snapshot Score is a transparent, rules-based read of The New India Assurance Company Limited's public fundamentals plus a statistical forecast, not an analyst opinion. It rewards low-to-fair valuation, high ROE/ROCE, a strong Piotroski F-Score, a dividend, low volatility and a favourable probability of upside; it penalises rich valuations, weak capital efficiency, a low F-Score and high volatility. The price target is a 10,000-path Monte-Carlo simulation on real historical volatility, a distribution, not a single guess. The bull and bear cases are generated from the same data, so you always see both sides.
This is information, not investment advice. Do your own due diligence and consult a SEBI-registered adviser before investing.
NIACL analysis, FAQs
Is The New India Assurance Company Limited (NIACL) a good buy?
On the numbers, The New India Assurance Company Limited (NIACL) tread carefully, a Downstox Snapshot Score of 39/100, weighing premium at 38.5× earnings, ROE of 4.9%, a 51% model probability of trading higher in a year. This is a data snapshot for research, not investment advice.
Is NIACL overvalued or undervalued?
NIACL trades at 38.5× earnings, premium versus the ~22× long-run Nifty average.
What is the NIACL share price target for 2031?
NIACL's probability-weighted 2031 median target is ₹190, with an 80% range of ₹55-₹655 (10,000-path Monte-Carlo).
What is the probability NIACL doubles in 5 years?
The modelled probability of NIACL reaching ₹356 (2×) within 5 years is 25%.
What is the bull case for NIACL?
Low price-to-book of 1.04×, the market is paying little over the company's net assets.
What are the risks in NIACL?
NIACL's P/E of 38.5x is lower than 35% of the 2,374 NSE companies in our screener, as of 10 Aug 2026. NIACL's return on equity of 4.9% ranks in the 29th percentile of the 2,374 NSE companies in our screener, as of 10 Aug 2026.