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Life Insurance Corporation Of India vs New India Assurance Company Ltd Stock Comparison

Life Insurance Corporation Of India vs New India Assurance Company Ltd Stock Comparison

Last Updated on: May 03, 2025

Key Highlights

  • The Latest Trading Price of Life Insurance Corporation of India is ₹ 792.55 as of 02 May 15:30.
  • The P/E Ratio of Life Insurance Corporation of India changed from 9.4 on March 2023 to 14.1 on March 2024 . This represents a CAGR of 22.47% over 2 yearsThe P/E Ratio of New India Assurance Company Ltd changed from 12.8 on March 2020 to 33.6 on March 2024 . This represents a CAGR of 21.29% over 5 years.
  • The Market Cap of Life Insurance Corporation of India changed from ₹ 338166 crore on March 2023 to ₹ 578484 crore on March 2024 . This represents a CAGR of 30.79% over 2 yearsThe Market Cap of New India Assurance Company Ltd changed from ₹ 18490 crore on March 2020 to ₹ 37500 crore on March 2024 . This represents a CAGR of 15.19% over 5 years.
  • The revenue of Life Insurance Corporation of India for the Dec '24 is ₹ 204569 crore as compare to the Sep '24 revenue of ₹ 231926 crore. This represent the decline of -11.8% The revenue of New India Assurance Company Ltd for the Dec '24 is ₹ 10711 crore as compare to the Sep '24 revenue of ₹ 10786 crore. This represent the decline of -0.69%.
  • The ebitda of Life Insurance Corporation of India for the Dec '24 is ₹ 12213 crore as compare to the Sep '24 ebitda of ₹ 7382 crore. This represent the growth of 65.44% The ebitda of New India Assurance Company Ltd for the Dec '24 is ₹ 107.26 crore as compare to the Sep '24 ebitda of ₹ 140.75 crore. This represent the decline of -23.79%.
  • The net profit of Life Insurance Corporation of India changed from ₹ 8649 crore to ₹ 10469 crore over 7 quarters. This represents a CAGR of 11.53% The net profit of New India Assurance Company Ltd changed from ₹ 265.66 crore to ₹ 344.26 crore over 7 quarters. This represents a CAGR of 15.96% .
  • The Dividend Payout of Life Insurance Corporation of India changed from 1.57 % on March 2020 to 15.55 % on March 2024 . This represents a CAGR of 58.19% over 5 yearsThe Dividend Payout of New India Assurance Company Ltd changed from 30.1 % on March 2022 to 30.35 % on March 2024 . This represents a CAGR of 0.28% over 3 years.

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P/E Ratio Over Time

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Historical Share Prices

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Revenue Over Time

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EBITDA Over Time

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Net Profit Over Time

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Dividend Payout Over Time

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About Life Insurance Corporation of India

  • Life Insurance Corporation of India was established on September 1, 1956 under the Life Insurance Corporation Act, 1956.
  • The Corporation obtained Certificate of Registration, to undertake the business of life insurance by a Certificate dated September 20, 1956 issued by the Controller of Insurance in accordance with provisions of the Insurance Act.
  • The Corporation obtained the Certificate of Registration from the IRDAI to undertake life insurance business on January 1, 2001 which was renewed on an annual basis under Section 3A of the Insurance Act.
  • Further, with effect from December 2014, the process of annual renewal of Certificate of Registration was discontinued. The Corporation is governed by provisions of the governing Act; it is also registered with the Insurance Regulatory and Development Authority of India (IRDAI).

About New India Assurance Company Ltd

  • The New India Assurance Company Limited is the largest general insurance company in India in terms of net worth, domestic gross direct premium, profit after tax and number of branches.
  • The Company's operations are spread across 29 States and seven Union Territories in India and across 26 other countries globally through a number of international branches, agency offices and Subsidiaries including a desk at Lloyd's, London.
  • The Company's insurance products can be broadly categorized into the following product verticals: fire insurance; marine insurance, motor insurance, crop insurance, health insurance and other insurance products.
  • The Company is registered with IRDAI for carrying out the business of general insurance.
  • At present, the Company operate in 24 countries. The New India Assurance Company Limited was incorporated as a Limited Company on July 23, 1919 in Mumbai, Maharashtra, India.

Life Insurance Corporation of India News Hub

News

LIC rises on appointing Shatmanyu Shrivastava as CRO

Shatmanyu Shrivastava is a fellow member of the Institute of Chartered Accountants of Indi...

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18 Mar 2025 11:40

News

Life Insurance Corporation appoints Chief Risk Officer

Life Insurance Corporation of India has appointed Shatmanyu Shrivastava as Chief Risk Offi...

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17 Mar 2025 19:09

News

LIC Q3 PAT rises 17% YoY to Rs 11,056 cr

Net premium fell 8.7% to Rs 1,06,891.48 crore in Q3 FY25 as compared with Rs 1,17,016.93 c...

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08 Feb 2025 11:12

News

Life Insurance Corporation of India to hold board meeting

Life Insurance Corporation of India will hold a meeting of the Board of Directors of the C...

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21 Jan 2025 11:06

News

LIC hikes stake in Asian Paints

Life Insurance Corporation of India has increased its shareholding in equity shares of Asi...

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10 Dec 2024 17:46

News

LIC rises for 6th day, clarifies on ManipalCigna stake buzz

Shares of Life Insurance Corporation of India have risen 12% in six session from its close...

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29 Nov 2024 14:18

New India Assurance Company Ltd News Hub

News

New India Assurance Company to discuss results

New India Assurance Company will hold a meeting of the Board of Directors of the Company o...

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18 Jan 2025 10:53

News

New India Assurance Company receives ratings action from AM BEST

AM Best has assigned the India National Scale Rating (NSR) of aaa.IN (Exceptional) and has...

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13 Dec 2024 12:12

News

New India Assurance Co to invest Rs 5 cr in Bima Sugam

The New India Assurance Co at its meeting held today i.e Wednesday, 11 December, 2024 has ...

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11 Dec 2024 18:42

News

New India Assurance spurts on Rs 1,945-cr IT refund order

'Income Tax Department has passed various orders (giving effect to the Commissioner of Inc...

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26 Nov 2024 12:20

News

New India Assurance rises on reporting turnaround Q2 numbers

However, total income increased 2.51% year on year (YoY) to Rs 10,134.53 crore in second q...

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01 Nov 2024 18:22

News

New India Assurance Company to announce Quarterly Result

New India Assurance Company will hold a meeting of the Board of Directors of the Company o...

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19 Oct 2024 10:23

SWOT Analysis Of New India Assurance Company Ltd

Strength

2

S

Weakness

3

W

Opportunity

0

O

Threats

1

T

SWOT Analysis Of Life Insurance Corporation of India

Strength

3

S

Weakness

2

W

Opportunity

0

O

Threats

0

T

BlinkX Score for New India Assurance Company Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

BlinkX Score for Life Insurance Corporation of India

Revenue

Profitability

Affordability

Liquidity

Dividend

FAQs for the comparison of Life Insurance Corporation of India and New India Assurance Company Ltd

Which company has a larger market capitalization, Life Insurance Corporation of India or New India Assurance Company Ltd?

Market cap of Life Insurance Corporation of India is 501,287 Cr while Market cap of New India Assurance Company Ltd is 28,296 Cr

What are the key factors driving the stock performance of Life Insurance Corporation of India and New India Assurance Company Ltd?

The stock performance of Life Insurance Corporation of India and New India Assurance Company Ltd is primarily driven by its robust global client base, consistent revenue growth, strong operational efficiency, strategic investments in digital transformation, client acquisition, and the overall health of the industry. Both companies' performances are also influenced by macroeconomic conditions, currency fluctuations, and industry-specific trends.

What are the recent stock price for Life Insurance Corporation of India and New India Assurance Company Ltd?

As of May 3, 2025, the Life Insurance Corporation of India stock price is INR ₹792.55. On the other hand, New India Assurance Company Ltd stock price is INR ₹171.7.

How do dividend payouts of Life Insurance Corporation of India and New India Assurance Company Ltd compare?

To compare the dividend payouts of Life Insurance Corporation of India and New India Assurance Company Ltd, examine their dividend payout ratio, which indicates how much the companies pay out relative to their share price and earnings. Moreover, consider the consistency and growth of their dividends to gauge their commitment towards returning value to the respective shareholders.
Disclaimer: This information provided above is for informational purposes only and does not constitute investment advice. We use third-party data and recommend conducting thorough research and consulting a certified financial advisor before making investment decisions. We do not endorse specific stocks. Make decisions based on your own research and professional guidance.
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