The New India Assurance Company Limited (BOM: 540769)

The New India Assurance Company Balance Sheet

Financials in millions INR. Fiscal year is April - March.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2024	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Investments in Debt Securities	-	100,468	100,522	100,787	97,582	85,556
Investments in Equity & Preferred Securities	-	93,298	70,528	71,815	72,906	55,394
Other Investments	881,849	56,627	62,262	51,472	47,471	41,941
Total Investments	881,849	253,862	236,358	226,957	220,715	185,491
Cash & Equivalents	126,542	143,201	124,099	126,293	117,869	112,669
Reinsurance Recoverable	-	61,190	57,163	67,410	70,208	68,553
Other Receivables	3,855	22,863	23,746	21,446	22,481	24,481
Separate Account Assets	-	570,298	510,288	489,112	452,289	337,399
Property, Plant & Equipment	4,857	4,742	5,071	5,106	4,808	5,254
Goodwill	-	139.76	689.75	689.75	690.91	155.58
Other Intangible Assets	-	26.32	18.2	12.45	126.69	418.91
Other Current Assets	93,684	21,936	17,883	17,168	20,805	18,543
Long-Term Deferred Tax Assets	2,850	2,989	2,810	2,567	2,406	2,250
Long-Term Deferred Charges	-	-	4,101	8,203	12,304	17,306
Total Assets	1,113,637	1,081,247	982,229	964,964	924,703	772,519
Accounts Payable	-	17,114	-	21,979	31,057	32,151
Accrued Expenses	-	22,810	-	15,624	14,719	13,843
Insurance & Annuity Liabilities	-	148,383	-	134,700	125,990	118,096
Unpaid Claims	-	355,228	-	318,643	300,602	260,356
Unearned Premiums	-	58,097	-	50,083	41,336	39,717
Reinsurance Payable	-	8,455	-	12,065	13,787	16,717
Other Current Liabilities	602,873	16,274	588,695	12,776	11,803	7,183
Total Liabilities	602,873	626,361	588,695	565,869	539,294	488,064
Common Stock	8,240	8,240	8,240	8,240	8,240	8,240
Additional Paid-In Capital	-	18,909	18,909	18,909	18,909	18,909
Retained Earnings	-	174,399	166,854	156,083	154,198	137,198
Comprehensive Income & Other	502,001	252,842	198,957	215,307	203,582	119,756
Total Common Equity	510,241	454,389	392,960	398,538	384,928	284,102
Minority Interest	523.4	496.94	574.46	556.69	480.71	353.82
Shareholders' Equity	510,764	454,886	393,534	399,095	385,409	284,456
Total Liabilities & Equity	1,113,637	1,081,247	982,229	964,964	924,703	772,519
Filing Date Shares Outstanding	1,661	1,648	1,648	1,648	1,648	1,648
Total Common Shares Outstanding	1,661	1,648	1,648	1,648	1,648	1,648
Net Cash (Debt)	126,542	143,201	124,099	126,293	117,869	112,669
Net Cash Growth	11.55%	15.39%	-1.74%	7.15%	4.62%	16.05%
Net Cash Per Share	76.84	86.89	75.30	76.63	71.52	68.37
Book Value Per Share	307.17	275.72	238.45	241.83	233.57	172.39
Tangible Book Value	510,241	454,223	392,252	397,836	384,111	283,527
Tangible Book Value Per Share	307.17	275.62	238.02	241.41	233.08	172.04
Land	-	355.36	486.48	470.56	474.3	826.13
Buildings	-	3,111	3,169	2,942	2,678	2,284
Machinery	-	7,693	7,823	7,572	7,215	7,393
Construction In Progress	-	196.43	141.23	180.7	156.58	251.61

Source: S&P Capital IQ. Insurance template. Financial Sources.