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Nippon Life India Asset Management Ltd

(NAM-INDIA)

₹701.40.28%

as on 04:01PM, 21 Oct 2024

Overview
News
Financials
Q2 2024 Results
Technicals

Nippon Life India Asset Management Ltd Analyst Rating

based on 17 analysts

BUY

70.59%

Buy

23.53%

Hold

5.88%

Sell

Based on 17 analysts offering long term price targets for Nippon Life India Asset Management Ltd. An average target of ₹736.59

Source: S&P Global Market Intelligence

Nippon Life India Asset Management Ltd Share analysis

Nippon Life India Asset Management Ltd price forecast by 17 analysts

Upside of4.72%

High

₹840

Target

₹736.59

Low

₹580

Nippon Life India Asset Management Ltd target price ₹736.59, a slight upside of 4.72% compared to current price of ₹701.4. According to 17 analysts rating.

Source: S&P Global Market Intelligence

Nippon Life India Asset Management Ltd Performance

  • Day's Low

    Day's High

    ₹698
    ₹716.3
  • 52 Week's Low

    52 Week's High

    ₹345
    ₹748.6
1 Month Return+ 1.3 %
3 Month Return+ 10.12 %
1 Year Return+ 96.4 %
Previous Close₹703.40
Open₹703.40
Volume4.62L
Upper Circuit-
Lower Circuit-
Market Cap₹44,541.26Cr

Nippon Life India Asset Management Ltd Key Statistics

P/E Ratio36.67
PEG Ratio6.53
Market Cap₹44,541.26 Cr
P/B Ratio7.78
EPS17.56
Dividend Yield3.51
SectorFinance
ROE28.97

Nippon Life India Asset Management Ltd Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
BUY₹44,541.26 Cr25.54%0.50₹1,106 Cr₹2,035 Cr
BUY₹1,00,607.94 Cr11.18%0.50₹1,942 Cr₹3,159 Cr
BUY₹61,635.19 Cr110.56%0.77₹2,445 Cr₹7,069 Cr
HOLD₹16,321.40 Cr33.76%0.50₹802 Cr₹1,736 Cr
NA₹15,166.86 Cr22.74%0.51₹27 Cr₹4,785 Cr

About Nippon Life India Asset Management Ltd

Nippon Life India Asset Management Limited (formerly known as Reliance Nippon Life Asset Management Limited) is one of the largest asset management companies in India, with a total Assets Under Management (AUM) of Rs. 3.46 lakh crore. Promoted by Nippon Life Insurance Company (Japan) and Reliance Capital Limited (India), the Company manages mutual funds, exchange traded funds, managed accounts (including Portfolio Management Services), alternative investment funds, pension funds, offshore funds and advisory mandates. Through its subsidiaries in Singapore and Mauritius, it also caters to investors across Asia, Middle East, UK, US and Europe. It has executed a contract to provide discretionary portfolio management services to the Employees Provident Fund Organisation, Coal Mines Provident Fund Organisation and Pension Fund Regulatory and Development Authority. Reliance Mutual Fund has launched various schemes including Reliance Growth Fund, Reliance Vision Fund, Reliance Japan Equity Fund, Equity-oriented Retirement Fund etc. NAM India is the only asset manager that manages mandates of all four prestigious organisations, namely Employees State Insurance Corporation, Employees Provident Fund Organisation, Coal Mines Provident Fund Organisation and Pension Fund Regulatory and Development Authority. As on March 31 2022, the Company had a total AUM of Rs. 55001 crore as part of the managed accounts business. It had a total AUM of Rs. 8762 crore as part of international offshore managed portfolio and a total AUM of Rs. 2685 crore as international advisory mandates. In FY 20-21, it launched a number of ETF products including Multi Asset Fund, Nippon India ETF Nifty CPSE Bond Plus SDL 2024 Maturity and Bualuang Bharata Fund in Thailand. It also launched the first Indian Exchange Traded Fund ETF product in Australia and the first offshore real estate fund in December 2019.

Share Price: ₹701.40 per share as on 21 Oct, 2024 04:01 PM
Market Capitalisation: ₹44,541.26Cr as of today
Revenue: ₹635.76Cr as on June 2024 (Q2 24)
Net Profit: ₹332.17Cr as on June 2024 (Q2 24)
Listing date: 06 Nov, 2017
Chairperson Name: U K Sinha
OrganisationNippon Life India Asset Management Ltd
HeadquartersHyderabad
IndustryFinance
E-voting on sharesClick here to vote

Key events for Nippon Life India Asset Management Ltd

  • Nomura Issues Buy Rating for Nippon Life - 09 Oct, 2024

    Nomura has initiated coverage on Nippon Life India Asset Management, assigning a buy rating with a target price of Rs 785, indicating a 24% upside potential.

  • Nippon Life Reports Strong Q1 Profit Growth - 19 Sep, 2024

    Nippon Life India Asset Management's consolidated net profit surged 40.99% to Rs 332.33 crore in Q1 FY25, alongside a 34.98% rise in total income. Parag Joglekar appointed CFO effective September 19, 2024.

  • Nippon Life India Appoints New CFO Amid Restructuring - 18 Sep, 2024

    Nippon Life India Asset Management has appointed Parag Joglekar as CFO, effective September 19, 2024. This leadership change aims to enhance financial strategy and governance, supporting the company's growth in the asset management sector. Amol Bilagi transitions to Deputy CFO, ensuring continuity during this pivotal time.

Insights on Nippon Life India Asset Management Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 6 quarters, 388.03 Cr → 635.76 Cr (in ₹), with an average increase of 9.2% per quarter

  • imgPOSITIVE IMPACT

    MF Holding Up

    img

    Mutual Funds have increased holdings from 7.35% to 8.07% in Jun 2024 quarter

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 7 days, NAM-INDIA stock has moved up by 0.9%

  • imgPOSITIVE IMPACT

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 5.48% to 6.56% in Jun 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Tata Investment Corporation Ltd has given 117.6% return, outperforming this stock by 21.2%

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Tata Investment Corporation Ltd has given 340.5% return, outperforming this stock by 286.4%

  • imgNEGATIVE IMPACT

    Promoter Holding Down

    img

    Promoters have decreased holdings from 72.86% to 72.66% in Jun 2024 quarter

  • imgNEGATIVE IMPACT

    Profit Down

    img

    Netprofit is down for the last 2 quarters, 342.92 Cr → 332.33 Cr (in ₹), with an average decrease of 3.1% per quarter

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 7.26% to 6.44% in Jun 2024 quarter

Nippon Life India Asset Management Ltd Infographics

SEBI Pauses Expense Ratio Changes for Mutual Funds

SEBI's delay in altering the expense ratio calculation could be a beneficial factor for the profitability of asset management companies.

  • SEBI's delay in altering the expense ratio calculation could be a beneficial factor for the profitability of asset management companies.

Nippon Life India Asset Management Ltd Financials

Value in ₹ crore
DetailsQ'2 23Q'3 23Q'4 23Q'1 24Q'2 24
Revenue₹471.02Cr (-)₹475.36Cr (↑0.92%)₹530.39Cr (↑11.58%)₹560.57Cr (↑5.69%)₹635.76Cr (↑13.41%)
Net Income₹235.37Cr (-)₹244.25Cr (↑3.77%)₹284.00Cr (↑16.27%)₹342.63Cr (↑20.64%)₹332.17Cr (↓3.05%)
Net Profit Margin49.97% (-)51.38% (↑2.82%)53.55% (↑4.22%)61.12% (↑14.14%)52.25% (↓14.51%)
Value in ₹ crore
Details2021202220232024
Total Assets₹3,302.67Cr (-)₹3,655.12Cr (↑10.67%)₹3,719.70Cr (↑1.77%)₹4,185.30Cr (↑12.52%)
Total Liabilities₹276.62Cr (-)₹286.24Cr (↑3.48%)₹307.93Cr (↑7.58%)₹366.98Cr (↑19.18%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow₹570.21Cr (-)₹434.10Cr (↓23.87%)₹560.69Cr (↑29.16%)₹594.66Cr (↑6.06%)₹739.33Cr (↑24.33%)

Index Inclusions

Nifty MidSmallcap 400

₹20,226.95

-1.55 (-318.85%)

Nifty LargeMidcap 250

₹16,213.95

-0.98 (-159.85%)

DFRGRI Indices

₹1,503.27

-1.14 (-17.33%)

S&P BSE 400 MidSmallCap

₹12,432.98

-1.5 (-189.77%)

BSE Mid-Cap

₹47,164.93

-1.63 (-781.4%)

S&P BSE 250 LargeMidCap

₹10,836.09

-0.63 (-68.92%)

BSE 500

₹36,661.79

-0.72 (-265.21%)

S&P BSE AllCap

₹10,734.78

-0.78 (-84.78%)

Nifty 500

₹23,263.25

-0.76 (-177.45%)

S&P BSE Fin. Ser

₹11,597.77

-0.25 (-28.97%)

Nifty Midcap 150

₹21,429.90

-1.5 (-325.75%)

S&P BSE 150 MidCap

₹16,266.28

-1.52 (-250.33%)

Nippon Life India Asset Management Ltd Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
72.66%
-0.28
Foreign Institutions
6.56%
19.57
Mutual Funds
8.07%
9.89
Retail Investors
6.44%
-11.27
Others
6.27%
-11.03

Nippon Life India Asset Management Ltd Key Indicators

Details20202021202220232024
Return On Equity %16.2323.322.2421.0928.97
Details20202021202220232024
Return On Assets %14.7220.620.3619.4526.46
Details20202021202220232024
Book Value Per Share (₹)42.3650.2955.9156.4163.06
Details20202021202220232024
Earning Per Share (₹)6.7911.0211.9511.617.56

Nippon Life India Asset Management Ltd Valuation

Nippon Life India Asset Management Ltd in the last 5 years

  • Overview

  • Trends

Lowest (1.31x)

March 26, 2018

Industry (27.44x)

October 18, 2024

Today (36.67x)

October 18, 2024

Highest (47.90x)

February 20, 2020

LowHigh

Nippon Life India Asset Management Ltd Earnings and Dividends

  • Nippon Life India Asset Management Ltd Earnings Results

    Nippon Life India Asset Management Ltd’s net profit jumped 40.99% since last year same period to ₹332.33Cr in the Q1 2024-2025. On a quarterly growth basis, Nippon Life India Asset Management Ltd has generated -3.09% fall in its net profits since last 3-months.

    Read More about Earnings Results
  • Nippon Life India Asset Management Ltd Dividends April,2024

    In the quarter ending March 2024, Nippon Life India Asset Management Ltd has declared dividend of ₹11 - translating a dividend yield of 3.42%.

    Read More about Dividends

Nippon Life India Asset Management Ltd Technicals Summary

Bearish

Neutral

Bullish

Bullish

Nippon Life India Asset Management Ltd is currently in a Bullish trading position according to technical analysis indicators.

FAQs on Nippon Life India Asset Management Ltd

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Nippon Life India Asset Management Ltd (NAM-INDIA) share price today is ₹701.4

Nippon Life India Asset Management Ltd is listed on NSE

Nippon Life India Asset Management Ltd is listed on BSE

  • Today’s highest price of Nippon Life India Asset Management Ltd is ₹716.3.
  • Today’s lowest price of Nippon Life India Asset Management Ltd is ₹698.

PE Ratio of Nippon Life India Asset Management Ltd is 36.67

PE ratio = Nippon Life India Asset Management Ltd Market price per share / Nippon Life India Asset Management Ltd Earnings per share

Today’s traded volume of Nippon Life India Asset Management Ltd(NAM-INDIA) is 4.62L.

Today’s market capitalisation of Nippon Life India Asset Management Ltd(NAM-INDIA) is ₹44541.26Cr.

Nippon Life India Asset Management Ltd(NAM-INDIAPrice
52 Week High
₹748.6
52 Week Low
₹345

Nippon Life India Asset Management Ltd(NAM-INDIA) share price is ₹701.4. It is down -6.31% from its 52 Week High price of ₹748.6

Nippon Life India Asset Management Ltd(NAM-INDIA) share price is ₹701.4. It is up 103.30% from its 52 Week Low price of ₹345

Nippon Life India Asset Management Ltd(NAM-INDIAReturns
1 Day Returns
-2%
1 Month Returns
1.3%
3 Month Returns
10.12%
1 Year Returns
96.4%