Nippon Life India Asset Management
- 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.
Compared with its industry
Asset Management Company: 10 companies →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 OctRecord 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.
- 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.
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- No warnings from the agency.
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| CARE | CARE AAA mfs | — | 8 May 2026 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 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 2026 | Financial Results/Dividend | To consider and approve the financial results for the period ended September 30, 2026 and dividend |
| 22 Jul 2026 | Other business matters | Board Meeting Intimation for Considering Unaudited Financial Results for the Quarter ending June 30, 2026 |
| 27 Apr 2026 | Financial Results/Dividend | Nippon 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 2026 | Financial Results | To consider and approve the financial results for the period ended December 31, 2025 |
| 30 Oct 2025 | Financial Results/Dividend | To consider and approve the financial results for the period ended September 30, 2025 and dividend |
| 28 Jul 2025 | Financial Results | To consider and approve the financial results for the period ended Jun 30, 2025 |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 423 | 468 | 505 | 571 | 588 | 567 | 607 | 658 | 705 | 739 | 767 | 796 |
| Expenses | 164 | 178 | 189 | 197 | 202 | 201 | 218 | 229 | 235 | 232 | 259 | 258 |
| Operating Profit | 259 | 291 | 316 | 374 | 386 | 365 | 388 | 430 | 470 | 507 | 508 | 537 |
| OPM % | 61% | 62% | 63% | 66% | 66% | 64% | 64% | 65% | 67% | 69% | 66% | 68% |
| Other Income | 107 | 92 | 131 | 121 | 15 | 23 | 146 | 37 | 75 | −34 | 170 | −74 |
| Interest | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 |
| Depreciation | 7 | 7 | 7 | 7 | 8 | 9 | 8 | 9 | 11 | 12 | 12 | 12 |
| Profit before tax | 358 | 374 | 439 | 486 | 392 | 378 | 524 | 456 | 533 | 460 | 664 | 450 |
| Tax % | 21% | 8% | 24% | 26% | 25% | 21% | 24% | 24% | 24% | 16% | 24% | 28% |
| Net Profit | 284 | 343 | 332 | 360 | 295 | 299 | 396 | 345 | 404 | 385 | 504 | 324 |
| EPS in Rs | 4.53 | 5.44 | 5.26 | 5.69 | 4.66 | 4.7 | 6.23 | 5.41 | 6.34 | 6.03 | 7.88 | 5.07 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- 8%
- 5 Years
- 16%
- 3 Years
- 25%
- TTM
- 24%
- 10 Years
- 14%
- 5 Years
- 18%
- 3 Years
- 28%
- TTM
- 26%
- 10 Years
- —
- 5 Years
- 16%
- 3 Years
- 35%
- TTM
- —
- 10 Years
- 25%
- 5 Years
- 28%
- 3 Years
- 32%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Nippon Life India Asset Management | ₹ 923.90 | ₹ 59,010 Cr. | 35x | 13.4x | 34% | — |
| ICICI Prudential Asset Management Company Ltd | ₹ 2,655.00 | ₹ 1,30,928 Cr. | 47.7x | 37.7x | — | 56% |
| HDFC Asset Management Company | ₹ 2,250.00 | ₹ 96,542 Cr. | 39.9x | 12.3x | — | 69.3% |
| Multi Commodity Exchange Of India | ₹ 3,017.00 | ₹ 76,931 Cr. | 52.6x | 16.6x | 37.9% | 57.8% |
| Motilal Oswal Financial Services | ₹ 925.00 | ₹ 55,715 Cr. | 30.8x | 4.5x | 15.6% | 21.2% |
| Authum Investment & Infrastructure | ₹ 495.00 | ₹ 41,977 Cr. | 9x | 3.3x | 13.1% | 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.