NIPPON LIFE INDIA ASSET MANAGEMENT LIMITED
₹905.00-₹19.55 (-2.1%)
Last close · Data as of Oct 30, 2026
- Market cap
- ₹56,918 Cr
- P/E
- 43.3x
- EV / EBITDA
- 42.8x
- Revenue
- ₹2,344 Cr
- Net margin
- 55.9%
- ROCE
- 38.2%
Price chart
Technical chartScreen technicals →+3.9% over the last year
Daily closes.
Go deeper
Technical chart: candles, 9 moving averages, RSI, MACD and drawing tools
Performance
Price change over each period, before dividends.
- 1M
- -15.3%
- 3M
- -21.2%
- 6M
- -10.5%
- 1Y
- +3.9%
- 5Y
- +113.0%
52-week range
Day change -₹19.55 (-2.1%) from ₹925 to ₹905 · Last close Oct 30, 2026
Best weekday to invest, historically
The same weekly amount in NAM-INDIA, bought on each weekday since 2021.
AI Summary
Indian StockStrengths1
- Strong 5-year net profit CAGR of 20.5%
Concerns0
Rule-based from financial data. Not advice.
About the company
Nippon Life Asset Management Limited is a publicly owned investment manager. The firm launches and manages equity and fixed income mutual funds for its clients. It also manages exchange traded funds for its clients. The firm invests in the public equity, fixed income and commodity markets. Nippon Life Asset Management Limited was previously known as Reliance Nippon Life Asset Management Limited. Nippon Life Asset Management Limited was founded on February 24, 1995 and is based in Mumbai, India.
- Sector
- Financial Services
- Shares outstanding
- 63.8 Cr shares
- ISIN
- INE298J01013
- BSE code
- 540767
Key statistics
Screen fundamentals →Valuation, profitability, growth and solvency at the latest close; hover a label for its meaning.
Valuation
- Market cap
- ₹56,918 Cr
- P/E
- 43.3x
- P/B
- 13.6x
- EV / EBITDA
- 42.8x
- EV / Sales
- 30.4x
- P/S
- 30.4x
- Earnings yield
- 2.3%
- 52-week high
- ₹1,252.90
- 52-week low
- ₹799.40
Profitability
- Operating margin
- 70.7%
- Net margin
- 55.9%
- EBITDA margin
- 71.0%
- ROE
- 31.2%
- ROCE
- 38.2%
- ROA
- 25.2%
- Dividend payout
- 99.0%
- Tax rate
- 19.0%
- Other income, % of PBT
- 0.3%
Growth
- RevenueLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹2,344 Cr
- Revenue growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 25.1%
- Revenue CAGR, 5YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 10.6%
- EBITDALatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹1,329 Cr
- EBITDA growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 39.9%
- Net profit growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 19.6%
- Net profit CAGR, 5YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 20.5%
- Cash from operationsLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹739 Cr
- CFO growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 24.2%
- Free cash flowLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- -₹5.00 Cr
- Asset growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 12.5%
Solvency and efficiency
- Current ratio
- 14.55
- Debt / Assets
- 0.02
- Debt / EBITDA
- 0.06
- Financial leverage
- 1.09
- CFO / Net profit
- 0.71
- Cash / Market cap
- 0.8%
- Cash per share
- ₹7.41
- Asset turnover
- 0.45
- Fixed asset turnover
- 5.68
- Capital intensity
- 0.18
- Debtor days
- 23 days
- Cash conversion cycle
- 23 days
Where the revenue went
Of every ₹100 of FY2025 revenue, ₹53 was left as net profit.
| From | To | Amount |
|---|---|---|
| Sales | Expenses | ₹657 Cr |
| Sales | Operating profit | ₹1,687 Cr |
| Operating profit | Interest | ₹7 Cr |
| Operating profit | Depreciation | ₹29 Cr |
| Operating profit | Profit before tax | ₹1,651 Cr |
| Other income | Profit before tax | ₹4 Cr |
| Profit before tax | Tax and other | ₹403 Cr |
| Profit before tax | Net profit | ₹1,252 Cr |
Revenue and net profit
Revenue grew 25.1% in FY2025; net profit is the dashed line.
| Date | Revenue | Net profit |
|---|---|---|
| FY2021 | ₹1,325 Cr | ₹649 Cr |
| FY2022 | ₹1,426 Cr | ₹711 Cr |
| FY2023 | ₹1,425 Cr | ₹715 Cr |
| FY2024 | ₹1,873 Cr | ₹1,047 Cr |
| FY2025 | ₹2,344 Cr | ₹1,252 Cr |
Cash flows
FY2025: ₹1,154 Cr from operations, ₹1,109 Cr free after investment (dashed).
| Date | Operating cash flow | Free cash flow |
|---|---|---|
| FY2021 | ₹434 Cr | ₹51 Cr |
| FY2022 | ₹561 Cr | ₹423 Cr |
| FY2023 | ₹595 Cr | ₹710 Cr |
| FY2024 | ₹739 Cr | ₹682 Cr |
| FY2025 | ₹1,154 Cr | ₹1,109 Cr |
Growth
Latest fiscal year FY2025 (ending March): each figure with its change over the year before.
- Revenue
- ₹2,344 Cr+25.1%1Y
- Net profit
- ₹1,252 Cr+19.6%1Y
- Cash from operations
- ₹1,154 Cr
- Free cash flow
- ₹1,109 Cr+62.6%1Y
- Revenue CAGR, 5Y
- 10.6%
- EBITDA CAGR, 5Y
- 17.3%
- Net profit CAGR, 5Y
- 20.5%
| Year | Revenue | Operating income | EBITDA | Net profit | CFO | FCF | ROE | Revenue growth 1Y | Net profit growth 1Y |
|---|---|---|---|---|---|---|---|---|---|
| FY2025 | ₹2,344 Cr | ₹1,687 Cr | — | ₹1,252 Cr | ₹1,154 Cr | ₹1,109 Cr | 31.2% | +25.1% | +19.6% |
Monthly returns
Month-by-month returns of NAM-INDIA across the years, with the seasonal pattern.
Balance sheet
What the company owns and owes at the end of FY2025.
| Line | FY2025 |
|---|---|
| Liabilities and equity | ₹4,416 Cr |
| Equity capital | ₹635 Cr |
| Reserves | ₹3,379 Cr |
| Borrowings | ₹83 Cr |
| Other liabilities | ₹318 Cr |
| Assets | ₹4,416 Cr |
| Fixed assets | ₹862 Cr |
| Capital work in progress | ₹4 Cr |
| Investments | ₹3,123 Cr |
| Other assets | ₹427 Cr |
Market cap against peers
8 peers: same sector group, nearest by size.
P/E against peers
NAM-INDIA trades at 43.3x earnings against a peer median of 26.9x (a 61% premium).
Not shown (no positive earnings and no EV / Sales): Max Financial Services Limited.
Peer comparison
Same-sector peers by market cap, with the median.
| Company | Market cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|
| NIPPON LIFE INDIA ASSET MANAGEMENT LIMITEDNAM-INDIAthis companyP/E ↑ premium | ₹56,918 Cr | 43.3x | 13.6x | 31.2% | 42.8x |
| General Insurance Corporation of IndiaGICRE | ₹64,377 Cr | 7.6x | 1.0x | 11.6% | 7.0x |
| HDB FINANCIAL SERVICES LIMITEDHDBFS | ₹63,772 Cr | 29.6x | 3.3x | 13.8% | 14.4x |
| Federal Bank Ltd.FEDERALBNK | ₹61,370 Cr | 16.1x | 1.7x | 12.1% | — |
| Multi Commodity Exchange of India LtdMCX | ₹58,489 Cr | 109.0x | 28.0x | 21.5% | 556.5x |
| Max Financial Services LimitedMFSL | ₹56,813 Cr | — | 8.4x | -0.1% | -5680.1x |
| Authum Investment & Infrastructure LimitedAIIL | ₹56,712 Cr | 14.1x | 3.5x | 29.1% | 19.1x |
| Mahindra & Mahindra Financial Services LimitedM&MFIN | ₹50,385 Cr | 19.7x | 2.2x | — | — |
| Motilal Oswal Financial Services LimitedMOTILALOFS | ₹50,300 Cr | 49.9x | 6.2x | 19.5% | 23.2x |
| Peer median | — | 26.9x | 2.8x | 12.3% | 33.9x |
Year-to-date ROI
NAM-INDIA since 1 January, against earlier years.
Historical volatility
NAM-INDIA's day-to-day swings over 30, 60 and 180 days.
Financial statements
Income statement, balance sheet and cash flow as reported, in ₹ crore, grouped into plain-language lines.
Figures in ₹ crore as reported, fiscal years ending March, newest first; the trailing twelve months (TTM) last.
Operating margin by fiscal year
| Date | Operating margin |
|---|---|
| FY2021 | 66.0% |
| FY2022 | 68.0% |
| FY2023 | 66.0% |
| FY2024 | 71.0% |
| FY2025 | 72.0% |
| Line | FY2025 |
|---|---|
| RevenueSales | ₹2,344 Cr |
| Costs | |
| Interest | ₹7 Cr |
| Expenses | ₹658 Cr |
| Operating profitOperating Profit | ₹1,687 Cr |
| Other income and charges | |
| Profit before tax | ₹1,655 Cr |
| Tax | |
| Net profitNet Profit | ₹1,252 Cr |
| Per share |
| Line | FY2025 |
|---|---|
| Liabilities and equityTotal Liabilities | ₹4,416 Cr |
| Equity capitalEquity Capital | ₹635 Cr |
| Reserves | ₹3,379 Cr |
| Borrowings | ₹83 Cr |
| Other liabilitiesOther Liabilities | ₹318 Cr |
| AssetsTotal Assets | ₹4,416 Cr |
| Fixed assetsFixed Assets | ₹862 Cr |
| Capital work in progressCWIP | ₹4 Cr |
| Investments | ₹3,123 Cr |
| Other assetsOther Assets | ₹427 Cr |
| Line | FY2025 |
|---|---|
| Operating cash flowCash from Operating Activity | ₹1,154 Cr |
| Investing cash flowCash from Investing Activity | -₹45 Cr |
| Financing cash flowCash from Financing Activity | -₹1,115 Cr |
| Change in cashNet Cash Flow | -₹5 Cr |
Learn while you research
Academy chapters picked for NIPPON LIFE INDIA ASSET MANAGEMENT LIMITED and the metrics on this page.
- 01 Taxes on Investments (India)LTCG, STCG, dividend tax, what every Indian investor needs.6 min read
- 02 Stock Valuation BasicsHow to think about what a fair price for a stock looks like.7 min read
- 03 Valuation Multiples ExplainedThis stock trades at a P/E of 43.3, learn when high multiples are justified.6 min read
- 04 Growth Investing25% revenue growth is in the top tier, learn how to value growth.7 min read
- 05 Sector AnalysisBanks & financials are uniquely sensitive to rates and credit cycles.6 min read
- 06 Essential Stock RatiosP/E, P/B, EV/EBITDA, what they mean and when to use each.7 min read