GICRE vs NIACL: share price, P/E, ROE and financials compared
General Insurance Corporation of India
The New India Assurance Company
GICRE and NIACL at a glance
GICRE and NIACL are both listed in Financial Services. GICRE is the larger by market cap, at ₹60,053 Cr against ₹25,928 Cr for NIACL (2.3 times as large). Both are lenders or insurers, so ROCE, operating margin and debt-to-equity aren’t compared: those ratios don’t fit financial balance sheets. Over the past year the share price of GICRE moved −9.7% and that of NIACL −13.0%.
Key metrics, side by side
| Metric | GICREGICRE | NIACLNIACL |
|---|---|---|
| Price (₹) | 342.30 | 157.33 |
| Market cap (₹ Cr) | 60,053 | 25,928 |
| P/E | 6.7× | – |
| P/B | 0.60× | 0.62× |
| Dividend yield, trailing | 3.87% (the higher figure, shaded) | 0.95% |
| ROE | 9.4% | −1.2% |
| ROCE | n/m | n/m |
| Operating margin (OPM) | n/m | n/m |
| Net margin (NPM) | 16.3% | −1.0% |
| Sales CAGR 3Y | n/m | n/m |
| Profit CAGR 3Y | +11.8% | +10.5% |
| Debt to equity | n/m | n/m |
| Interest cover | n/m | n/m |
| Net profit TTM (₹ Cr) | 8,968 | −536 |
| 1Y return | −9.7% (the higher figure, shaded) | −13.0% |
| Promoter holding | 77.40% | 85.44% |
GICRE vs NIACL: common questions
Which is bigger, GICRE or NIACL?
By market cap, GICRE is bigger at ₹60,053 Cr, against ₹25,928 Cr for NIACL (prices as of 6 Nov 2026). Net profit over the last twelve months was ₹8,968 Cr for GICRE and −₹536 Cr for NIACL.
Which has a higher ROE, GICRE or NIACL?
GICRE reports a return on equity of 9.4% and NIACL −1.2%. NIACL’s ROE isn’t ranked because it is loss-making. ROE is net profit as a share of shareholders’ equity.
Which is growing faster, GICRE or NIACL?
Over the last three years: profit grew +11.8% a year at GICRE and +10.5% at NIACL. Past growth doesn’t predict future growth.