Nippon Life India Asset Management Ltd
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)
- Market Cap ₹ 21,788 Cr.
- Current Price ₹ 354
- High / Low ₹ 375 / 201
- Stock P/E 42.1
- Book Value ₹ 45.6
- Dividend Yield 1.41 %
- ROCE 21.9 %
- ROE 16.1 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Company has been maintaining a healthy dividend payout of 76.61%
- Promoter holding has increased by 0.86% over last quarter.
Cons
- Stock is trading at 7.76 times its book value
- The company has delivered a poor sales growth of 4.62% over past five years.
Peer comparison
Sector: Finance Industry: Finance & Investments
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Mar 2018 | Jun 2018 | Sep 2018 | Dec 2018 | Mar 2019 | Jun 2019 | Sep 2019 | Dec 2019 | Mar 2020 | Jun 2020 | Sep 2020 | Dec 2020 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
438 | 394 | 391 | 350 | 343 | 325 | 300 | 303 | 274 | 233 | 259 | 268 | |
303 | 253 | 253 | 232 | 202 | 171 | 155 | 156 | 113 | 125 | 122 | 122 | |
Operating Profit | 135 | 142 | 138 | 118 | 141 | 155 | 145 | 147 | 162 | 108 | 136 | 147 |
OPM % | 31% | 36% | 35% | 34% | 41% | 48% | 48% | 49% | 59% | 46% | 53% | 55% |
Other Income | 2 | 30 | 33 | 54 | 54 | 35 | 22 | 58 | -125 | 103 | 64 | 130 |
Interest | 0 | 0 | 0 | 0 | 0 | 2 | 2 | 2 | 0 | 1 | 1 | 1 |
Depreciation | -16 | 9 | 9 | 9 | -16 | 8 | 8 | 9 | 9 | 10 | 8 | 8 |
Profit before tax | 154 | 163 | 162 | 163 | 212 | 181 | 158 | 194 | 27 | 200 | 191 | 269 |
Tax % | 25% | 31% | 30% | 33% | 28% | 30% | 14% | 23% | 85% | 22% | 24% | 21% |
Net Profit | 113 | 111 | 114 | 110 | 151 | 125 | 137 | 149 | 4 | 156 | 145 | 212 |
EPS in Rs | 1.84 | 1.81 | 1.87 | 1.79 | 2.47 | 2.05 | 2.24 | 2.44 | 0.06 | 2.55 | 2.37 | 3.46 |
Notes | Notes | Notes | Notes | Notes | Notes | Notes | Notes | Notes | Notes | Notes | Notes |
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | TTM | |
---|---|---|---|---|---|---|---|
951 | 1,311 | 1,435 | 1,735 | 1,647 | 1,192 | 1,035 | |
484 | 787 | 837 | 1,082 | 940 | 594 | 481 | |
Operating Profit | 468 | 524 | 598 | 653 | 707 | 598 | 553 |
OPM % | 49% | 40% | 42% | 38% | 43% | 50% | 53% |
Other Income | 3 | 3 | 1 | 14 | 3 | 1 | 172 |
Interest | 0 | 0 | 0 | 2 | 0 | 6 | 4 |
Depreciation | 7 | 4 | 18 | 9 | 10 | 33 | 35 |
Profit before tax | 464 | 522 | 581 | 656 | 700 | 560 | 686 |
Tax % | 24% | 24% | 31% | 30% | 30% | 26% | |
Net Profit | 354 | 396 | 402 | 456 | 486 | 415 | 517 |
EPS in Rs | 307.69 | 344.12 | 348.92 | 7.45 | 7.94 | 6.78 | 8.44 |
Dividend Payout % | 40% | 36% | 0% | 81% | 76% | 74% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 5% |
3 Years: | -6% |
TTM: | -19% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 3% |
3 Years: | 1% |
TTM: | -8% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 11% |
1 Year: | 3% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 20% |
3 Years: | 19% |
Last Year: | 16% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Sep 2020 | |
---|---|---|---|---|---|---|---|
41 | 42 | 42 | 612 | 612 | 612 | 612 | |
Reserves | 1,495 | 1,750 | 1,831 | 1,753 | 1,958 | 1,981 | 2,192 |
Borrowings | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
196 | 169 | 209 | 357 | 206 | 288 | 257 | |
Total Liabilities | 1,702 | 1,931 | 2,051 | 2,722 | 2,776 | 2,881 | 3,062 |
7 | 12 | 251 | 258 | 256 | 324 | 318 | |
CWIP | 0 | 0 | 0 | 3 | 1 | 2 | 1 |
Investments | 835 | 911 | 947 | 993 | 1,290 | 1,885 | 2,182 |
860 | 1,008 | 854 | 1,469 | 1,229 | 671 | 561 | |
Total Assets | 1,702 | 1,931 | 2,051 | 2,722 | 2,776 | 2,881 | 3,062 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | |
---|---|---|---|---|---|---|
-42 | 218 | 556 | 376 | 386 | 605 | |
441 | -25 | -316 | -260 | -35 | 37 | |
-404 | -174 | -300 | -92 | -359 | -468 | |
Net Cash Flow | -5 | 19 | -61 | 24 | -7 | 174 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | |
---|---|---|---|---|---|---|
ROCE % | 31% | 32% | 31% | 28% | 22% | |
Debtor Days | 7 | 17 | 11 | 8 | 23 | 18 |
Inventory Turnover |
Documents
Add documentRecent announcements
- Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS 26 Feb
- Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS 11 Feb
- Disclosure Under Regulation 31A Of SEBI LODR Regulations 28 Jan
- Announcement under Regulation 30 (LODR)-Investor Presentation 27 Jan
- Announcement under Regulation 30 (LODR)-Press Release / Media Release 27 Jan
View all