Nippon Life India Asset Management

NSE: NAM-INDIABSE: 540767
Compare with peers
₹ 923.90▲ 1.4 (+0.15%)29 Oct, 03:29 pm IST
Market cap
₹ 59,010 Cr.
P/E
35x
P/B
13.37x
52-week range
795.8 – 1,269.5
ROE
34%
ROCE
44%
Dividend yield
1.3%
Debt / equity
0.02
Sector
Capital Markets
Industry
Asset Management Company
Listed on
NSE, BSE

About

Nippon Life India Asset Management Limited is an asset management company. The Company’s principal activity is to act as an investment manager to Nippon India Mutual Fund. It is involved in managing mutual funds, such as Exchange Traded Funds (ETFs); Managed Accounts, including portfolio management services, alternative investment funds and pension funds; Gift City, and Offshore Funds and Advisory Mandates. Its offshore schemes include UCITS Equity Fund, UCITS Fixed Income Fund, India Fixed Income ETF, and Managed Accounts. The Company acts as an advisor for India-focused Equity & Fixed Income funds in Japan. It also manages offshore funds and distribution through its subsidiary Nippon Life India Asset Management (Singapore) Pte. Ltd. (NAM Singapore or NAMS) and also through its representative office in Dubai. NAMS caters to overseas retail, institutional, and high-net worth investors across Asia, the Middle East, the United Kingdom, the United States, Latin America, and Europe.

Quick check

The five things to look at first. Open one for more.

Nippon Life India Asset Management against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.

  • Valuation (P/E)35 against a typical 31.9: pricier than most peers (1st = cheapest).7th of 10
  • Sales growth+21% against a typical +16.3% from a year earlier.2nd of 9
  • Profit growth−6.1% against a typical −0.8% from a year earlier.5th of 8
  • Share price, 3 months−19.4% against a typical −11%.8th of 9
  • Size₹ 59,009.8 Cr. market value against a typical ₹ 18,431.2 Cr. (1st = largest).4th of 10

Latest announcements

Exchange filings and their impact on the company.

  • 27 Oct 2026Analysts/Institutional Investor Meet/Con. Call UpdatesMedium impactPositivePrice −2.2% on 28 Oct
    Record Rs 523 cr operating profit and fastest AUM growth in Top-10 with Rs 9.5 dividend, after one-off Rs 96.8 cr settlement.

    Nippon Life India AMC filed the transcript of its Q2 FY27 earnings call held on October 22, 2026. MF average AUM grew 19.9% YoY to Rs 7.87 trillion with 9.02% market share, revenue was Rs 796 crore up 21% YoY and operating profit hit a record Rs 523 crore up 25% YoY, while the board declared an interim dividend of Rs 9.50 per share. PAT fell in the quarter only due to a Rs 96.76 crore exceptional payment to settle the SEBI Yes Bank AT-1 matter, which management said brings the issue to quietus.

    Filing
  • 22 Oct 2026Outcome of Board MeetingHigh impactPositivePrice −2.4% that day
    Record operating profit and 20% AUM growth drive strong fees, Q2 PAT dip is one-off settlement hit.

    Nippon Life India AMC reported Q2 FY27 total income of Rs 819 crore, up 18% YoY, with highest-ever quarterly operating profit of Rs 523 crore, up 25% YoY, while PAT fell 6% YoY to Rs 324 crore. For H1, operating profit grew 28% and PAT grew 12%, backed by 20% growth in MF average AUM to Rs 7.87 trillion and market-share gains. The board declared an interim dividend of Rs 9.50 per share (record date Oct 28, 2026) and noted Rs 96.76 crore paid in the quarter toward settlement of SEBI's Yes Bank AT-1 bond matter, with the final order awaited.

    Filing

Credit ratings

Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates

Highest safety

Rated AAA by CARE
AAA
DefaultRiskyModerateSafeVery safe
  • No warnings from the agency.
AgencyCurrent ratingOutlookAs of
CARECARE AAA mfs—8 May 2026
Credit rating actions
RatingDetails
8 May 2026
Reaffirmed
CARE AAA mfs—CARE—
3 Feb 2026
Reaffirmed
CARE AAA mfs—CARE—

Board meetings

Results dates and other board meetings. Full calendar

Details
22 Oct 2026Financial Results/DividendTo consider and approve the financial results for the period ended September 30, 2026 and dividend
22 Jul 2026Other business mattersBoard Meeting Intimation for Considering Unaudited Financial Results for the Quarter ending June 30, 2026
27 Apr 2026Financial Results/DividendNippon Life India Asset Management Ltd has informed that the meeting of the Board of Directors of the Company is scheduled on 27/04/2026 ,inter alia, to consider and approve Audited Financial Results for the quarter and year ending March 31, 2026 and to recommend dividend on equity shares, if any.
29 Jan 2026Financial ResultsTo consider and approve the financial results for the period ended December 31, 2025
30 Oct 2025Financial Results/DividendTo consider and approve the financial results for the period ended September 30, 2025 and dividend
28 Jul 2025Financial ResultsTo consider and approve the financial results for the period ended Jun 30, 2025

Share price

1Y change +2.09%
0 of 2 filing days came with a big price move
Volume (shares)Price (₹)
Close price

Financials

Consolidated figures in ₹ crore.

Quarterly results
₹ Cr.Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026
Sales423468505571588567607658705739767796
Expenses164178189197202201218229235232259258
Operating Profit259291316374386365388430470507508537
OPM %61%62%63%66%66%64%64%65%67%69%66%68%
Other Income1079213112115231463775−34170−74
Interest222222222222
Depreciation7777898911121212
Profit before tax358374439486392378524456533460664450
Tax %21%8%24%26%25%21%24%24%24%16%24%28%
Net Profit284343332360295299396345404385504324
EPS in Rs4.535.445.265.694.664.76.235.416.346.037.885.07

Growth and returns

Compounded yearly rates over each period.

Compounded Sales Growth
10 Years
8%
5 Years
16%
3 Years
25%
TTM
24%
Compounded Profit Growth
10 Years
14%
5 Years
18%
3 Years
28%
TTM
26%
Stock Price CAGR
10 Years
—
5 Years
16%
3 Years
35%
TTM
—
Return on Equity
10 Years
25%
5 Years
28%
3 Years
32%
TTM
—

Shareholding

Latest: Sep 2026.

Promoters
71.72%
−0.38 pts in a year
FIIs
7.05%
−0.6 pts in a year
DIIs
15.55%
+2.6 pts in a year
Public
5.68%
−1.62 pts in a year

P/E and EPS over time

Daily P/E and trailing 12-month EPS. EPS updates with each result.

P/E 35xEPS (12 months) ₹ 26.40Median P/E 33.4x
P/E (times)EPS (₹)

Peers

Listed companies in the same business.

Peer comparison
Nippon Life India Asset Management₹ 923.90₹ 59,010 Cr.35x13.4x34%—
ICICI Prudential Asset Management Company Ltd₹ 2,655.00₹ 1,30,928 Cr.47.7x37.7x—56%
HDFC Asset Management Company₹ 2,250.00₹ 96,542 Cr.39.9x12.3x—69.3%
Multi Commodity Exchange Of India₹ 3,017.00₹ 76,931 Cr.52.6x16.6x37.9%57.8%
Motilal Oswal Financial Services₹ 925.00₹ 55,715 Cr.30.8x4.5x15.6%21.2%
Authum Investment & Infrastructure₹ 495.00₹ 41,977 Cr.9x3.3x13.1%74%

Management

Saugata Chatterjee
President, Deputy Chief Executive Officer
Sundeep Sikka
Chief Executive Officer, Managing Director, Executive Director
Parag Y. Joglekar
Chief Financial Officer
Shailesh Raj Bhan
President & CIO - Equity Investments
Abhijit Shankar Singh
Chief Executive Officer and Global Sales Head International Business at NAM Singapore
Amit Tripathi
President & CIO - Fixed Income
Mohit Shetty
Chief Human Resources Officer
Abhijit P. Shah
Chief Technology Officer

Prices are delayed and for information only. Nothing on this page is investment advice.