Nippon Life India Asset Management Ltd

Nippon Life India Asset Management Ltd

₹ 639 2.57%
30 Apr - close price
About

Nippon Life India Asset Mgt. is engaged in managing mutual funds including exchange traded funds (ETFs); managed accounts, including portfolio management services, alternative investment funds and pension funds; and offshore funds and advisory mandates.(Source : 202003 Annual Report Page No: 01)

Key Points

Part of Nippon Insurance, Japan[1]
The Company is promoted by Nippon Life Insurance Company, one of the leading private life insurers in Japan, with assets of over JPY 97 trillion as of FY25.

  • Market Cap 40,538 Cr.
  • Current Price 639
  • High / Low 816 / 456
  • Stock P/E 31.5
  • Book Value 66.4
  • Dividend Yield 2.58 %
  • ROCE 41.1 %
  • ROE 31.4 %
  • Face Value 10.0

Pros

  • Company is almost debt free.
  • Company is expected to give good quarter
  • Company has delivered good profit growth of 25.4% CAGR over last 5 years
  • Company has a good return on equity (ROE) track record: 3 Years ROE 27.5%
  • Company has been maintaining a healthy dividend payout of 93.9%

Cons

  • Stock is trading at 9.62 times its book value

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Loading peers table ...

Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025
338 316 332 354 348 354 397 423 468 505 571 588 567
130 137 138 141 140 152 156 164 178 189 197 202 201
Operating Profit 208 179 194 213 209 202 241 259 291 316 374 386 365
OPM % 62% 57% 58% 60% 60% 57% 61% 61% 62% 63% 66% 66% 64%
34 -17 82 62 40 117 78 107 92 131 121 15 23
Interest 1 1 1 1 1 1 2 2 2 2 2 2 2
Depreciation 7 7 7 8 8 8 7 7 7 7 7 8 9
Profit before tax 234 155 268 266 239 310 310 358 374 439 486 392 378
Tax % 25% 26% 23% 23% 17% 24% 21% 21% 8% 24% 26% 25% 21%
175 114 206 205 198 236 244 284 343 332 360 295 299
EPS in Rs 2.81 1.83 3.31 3.29 3.18 3.78 3.91 4.53 5.44 5.26 5.69 4.66 4.70
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
774 951 1,311 1,435 1,735 1,647 1,192 1,419 1,533 1,512 2,036 2,231
434 484 787 837 1,082 940 594 505 516 555 649 789
Operating Profit 340 468 524 598 653 707 598 914 1,017 957 1,386 1,442
OPM % 44% 49% 40% 42% 38% 43% 50% 64% 66% 63% 68% 65%
4 3 3 1 14 3 1 1 2 5 2 290
Interest 0 0 0 0 2 0 6 4 4 4 6 7
Depreciation 14 7 4 18 9 10 33 33 27 30 29 31
Profit before tax 330 464 522 581 656 700 560 877 989 928 1,352 1,694
Tax % 18% 24% 24% 31% 30% 30% 26% 23% 25% 22% 18% 24%
271 354 396 402 457 487 415 680 744 723 1,107 1,286
EPS in Rs 234.92 307.69 344.12 348.92 7.45 7.94 6.78 11.04 11.96 11.61 17.58 20.27
Dividend Payout % 123% 40% 36% 0% 81% 76% 74% 72% 92% 99% 94% 89%
Compounded Sales Growth
10 Years: 9%
5 Years: 13%
3 Years: 13%
TTM: 10%
Compounded Profit Growth
10 Years: 14%
5 Years: 25%
3 Years: 20%
TTM: 16%
Stock Price CAGR
10 Years: %
5 Years: 21%
3 Years: 27%
1 Year: 9%
Return on Equity
10 Years: 24%
5 Years: 26%
3 Years: 27%
Last Year: 31%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Equity Capital 11 11 12 12 612 612 612 616 622 623 630 635
Reserves 1,543 1,495 1,750 1,831 1,753 1,958 1,981 2,484 2,857 2,892 3,352 3,578
0 30 30 30 0 0 0 0 0 0 0 88
155 166 139 179 357 206 288 291 318 345 393 369
Total Liabilities 1,709 1,702 1,931 2,051 2,722 2,776 2,881 3,392 3,797 3,861 4,375 4,670
14 7 12 251 258 256 324 301 296 305 331 868
CWIP 0 0 0 0 3 1 2 1 0 2 2 4
Investments 741 835 911 947 993 1,290 1,885 2,550 2,942 3,023 3,513 3,324
954 860 1,008 854 1,469 1,229 671 540 559 530 530 475
Total Assets 1,709 1,702 1,931 2,051 2,722 2,776 2,881 3,392 3,797 3,861 4,375 4,670

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
-42 218 556 376 386 605 456 580 587 777 1,200
441 -25 -316 -260 -35 37 -402 -125 98 -104 -82
-404 -174 -300 -92 -359 -468 -239 -426 -712 -671 -1,116
Net Cash Flow -5 19 -61 24 -7 174 -185 29 -27 3 2

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Debtor Days 5 7 17 11 8 23 18 12 18 23 23 12
Inventory Days
Days Payable
Cash Conversion Cycle 5 7 17 11 8 23 18 12 18 23 23 12
Working Capital Days 284 127 115 124 -36 25 -25 -19 -5 -4 -8 -13
ROCE % 22% 30% 31% 32% 31% 28% 22% 31% 30% 27% 36% 41%

Shareholding Pattern

Numbers in percentages

Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025
73.74% 73.68% 73.66% 73.66% 73.64% 73.47% 73.10% 72.86% 72.66% 72.49% 72.43% 72.32%
6.52% 6.37% 5.77% 4.95% 4.84% 5.06% 5.54% 5.49% 6.56% 7.73% 8.28% 8.34%
9.24% 9.12% 9.06% 9.41% 10.24% 14.57% 14.18% 14.40% 14.34% 13.47% 13.02% 12.81%
10.50% 10.82% 11.52% 11.97% 11.28% 6.92% 7.18% 7.26% 6.43% 6.31% 6.26% 6.53%
No. of Shareholders 1,73,1201,76,5191,84,2851,88,7221,89,0771,71,9681,80,8541,86,1661,79,7491,90,9442,02,3222,14,835

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

Concalls