Nippon Life India Asset Management (NAM-INDIA)₹1,074−0.14%Asset Management Company
In the Sep 2026 quarter (consolidated), Nippon Life India Asset Management reported sales of ₹795 Cr, up 20.9% from Sep 2025, and net profit of ₹324 Cr, down 6.1% year on year. For the year to Mar 2026, sales were ₹2,923 Cr and net profit ₹1,529 Cr.
Company filings, consolidated accounts; latest reported quarter Sep 2026
| 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 | 422 | 468 | 504 | 570 | 588 | 567 | 606 | 658 | 704 | 739 | 766 | 795 |
| Expenses | 164 | 178 | 189 | 197 | 202 | 201 | 218 | 229 | 235 | 232 | 259 | 258 |
| Operating Profit | 260 | 292 | 317 | 376 | 387 | 366 | 390 | 431 | 472 | 509 | 510 | 539 |
| OPM % | 61.0% | 62.0% | 63.0% | 66.0% | 66.0% | 64.0% | 64.0% | 65.0% | 67.0% | 69.0% | 66.0% | 68.0% |
| Other Income | 107 | 92.09 | 131 | 121 | 15.03 | 23.04 | 146 | 37.05 | 75.07 | −34.04 | 170 | −74.05 |
| Interest | 2.01 | 2.01 | 2.01 | 2.01 | 2.01 | 2.01 | 2.01 | 2.01 | 2.01 | 2.01 | 2.01 | 2.01 |
| Depreciation | 6.99 | 6.99 | 6.99 | 6.99 | 7.99 | 8.99 | 7.99 | 8.99 | 10.98 | 11.98 | 11.99 | 11.99 |
| Profit before tax | 358 | 373 | 438 | 486 | 391 | 377 | 523 | 456 | 532 | 459 | 663 | 449 |
| Tax % | 21.0% | 8.0% | 24.0% | 26.0% | 25.0% | 21.0% | 24.0% | 24.0% | 24.0% | 16.0% | 24.0% | 28.0% |
| Exceptional items | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | −69.94 |
| Net Profit | 284 | 343 | 332 | 360 | 295 | 299 | 396 | 345 | 404 | 385 | 504 | 324 |
| EPS (Rs) | 4.52 | 5.43 | 5.25 | 5.68 | 4.65 | 4.69 | 6.22 | 5.40 | 6.33 | 6.02 | 7.87 | 5.06 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,311 | 1,434 | 1,734 | 1,645 | 1,191 | 1,418 | 1,532 | 1,509 | 2,034 | 2,516 | 2,923 | 3,004 |
| Expenses | 787 | 837 | 1,081 | 939 | 594 | 505 | 516 | 555 | 649 | 789 | 914 | 984 |
| Operating Profit | 526 | 601 | 655 | 709 | 600 | 917 | 1,020 | 961 | 1,391 | 1,735 | 2,016 | 2,029 |
| OPM % | 40.0% | 42.0% | 38.0% | 43.0% | 50.0% | 64.0% | 66.0% | 63.0% | 68.0% | 69.0% | 69.0% | 67.6% |
| Other Income | 3.01 | 1.01 | 14.02 | 3.01 | 1.01 | 1.01 | 2.01 | 5.01 | 2.01 | 3.01 | 9.01 | 137 |
| Interest | 0.00 | 0.00 | 2.01 | 0.00 | 6.02 | 4.01 | 4.01 | 4.01 | 6.02 | 7.02 | 7.02 | 8.04 |
| Depreciation | 3.99 | 17.97 | 8.99 | 9.99 | 32.94 | 32.95 | 26.95 | 29.98 | 28.99 | 30.96 | 39.94 | 46.94 |
| Profit before tax | 521 | 580 | 655 | 699 | 559 | 876 | 987 | 926 | 1,350 | 1,691 | 1,968 | 2,103 |
| Tax % | 24.0% | 31.0% | 30.0% | 30.0% | 26.0% | 23.0% | 25.0% | 21.9% | 18.0% | 24.0% | 23.0% | — |
| Exceptional items | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | −69.94 |
| Net Profit | 396 | 402 | 457 | 487 | 415 | 680 | 745 | 723 | 1,107 | 1,286 | 1,529 | 1,618 |
| EPS (Rs) | 6.74 | 6.83 | 7.44 | 7.93 | 6.77 | 11.02 | 11.95 | 11.59 | 17.55 | 20.23 | 23.95 | 25.28 |
| Dividend payout % | 35.9% | 0.0% | 80.9% | 75.9% | 73.9% | 71.9% | 91.9% | 98.9% | 93.9% | 88.9% | 89.9% | — |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 11.01 | 12.02 | 11.99 | 613 | 612 | 612 | 615 | 621 | 623 | 629 | 634 | 638 |
| Reserves | 1,497 | 1,752 | 1,832 | 1,756 | 1,960 | 1,983 | 2,483 | 2,857 | 2,892 | 3,351 | 3,576 | 4,020 |
| Borrowings | 30.11 | 30.12 | 30.10 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 79.31 | 88.30 | 75.29 |
| Other Liabilities | 167 | 140 | 180 | 359 | 207 | 289 | 292 | 320 | 347 | 316 | 371 | 460 |
| Total Liabilities | 1,705 | 1,934 | 2,053 | 2,728 | 2,779 | 2,884 | 3,391 | 3,797 | 3,862 | 4,375 | 4,669 | 5,193 |
| Fixed Assets | 6.99 | 11.99 | 251 | 258 | 256 | 324 | 301 | 296 | 305 | 331 | 868 | 916 |
| CWIP | 0.00 | 0.00 | 0.00 | 3.01 | 1.01 | 2.01 | 0.99 | 0.00 | 2.01 | 2.01 | 4.01 | 2.01 |
| Investments | 835 | 910 | 947 | 993 | 1,290 | 1,885 | 2,547 | 2,941 | 3,022 | 3,511 | 3,321 | 3,767 |
| Other Assets | 863 | 1,012 | 857 | 1,475 | 1,233 | 674 | 542 | 561 | 532 | 532 | 477 | 509 |
| Trade receivables | 18.04 | 59.23 | 43.11 | 40.13 | 103 | 59.16 | 46.15 | 75.19 | 97.35 | 130 | 71.22 | 79.25 |
| Cash & equivalents | 60.18 | 80.26 | 40.12 | 610 | 544 | 464 | 362 | 339 | 274 | 272 | 289 | 303 |
| Total Assets | 1,705 | 1,934 | 2,053 | 2,728 | 2,779 | 2,884 | 3,391 | 3,797 | 3,862 | 4,375 | 4,669 | 5,193 |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operating activity | −41.85 | 217 | 554 | 375 | 385 | 603 | 455 | 578 | 585 | 774 | 1,196 | 1,462 |
| Cash from investing activity | 440 | −24.91 | −315 | −259 | −34.90 | 36.91 | −401 | −125 | 97.70 | −104 | −81.80 | −325 |
| Cash from financing activity | −404 | −174 | −300 | −92.02 | −359 | −468 | −239 | −426 | −712 | −671 | −1,116 | −1,151 |
| Net cash flow | −5.01 | 19.04 | −61.22 | 24.07 | −7.02 | 175 | −185 | 29.10 | −27.10 | 3.01 | 2.01 | −10.03 |
| Capex | 5.01 | 9.02 | 258 | 15.03 | 9.01 | 4.01 | 20.03 | 7.01 | 10.02 | 12.03 | 540 | 79.17 |
| Free cash flow | −43.99 | 209 | 299 | 361 | 378 | 601 | 436 | 573 | 574 | 768 | 659 | 1,391 |
| CFO / OP % | 12.0% | 69.0% | 120.0% | 87.0% | 85.0% | 126.0% | 69.0% | 78.0% | 79.0% | 74.0% | 91.0% | 95.0% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor days | 7 | 17 | 11 | 8 | 23 | 18 | 12 | 18 | 23 | 23 | 10 | 10 |
| Cash conversion cycle | 6 | 16 | 10 | 7 | 22 | 17 | 11 | 17 | 22 | 22 | 9 | 9 |
| Working capital days | 126 | 114 | 123 | −37 | 24 | −26 | −20 | −6 | −5 | 5 | −10 | −17 |
| ROCE % | 29.9% | 30.9% | 31.9% | 30.9% | 28.0% | 21.9% | 30.9% | 29.9% | 26.9% | 35.9% | 40.9% | 43.9% |
For the Sep 2026 quarter, Nippon Life India Asset Management reported sales of ₹795 Cr, up 20.9% year on year and net profit of ₹324 Cr, down 6.1% year on year. The operating margin was 68.0%.
Nippon Life India Asset Management's sales for the year to Mar 2026 were ₹2,923 Cr; over the last twelve months they were ₹3,004 Cr.
Net profit for the year to Mar 2026 was ₹1,529 Cr, and ₹1,618 Cr over the last twelve months. Earnings per share over the same trailing period were ₹25.28.
Nippon Life India Asset Management reported borrowings of ₹75.29 Cr at Mar 2026, against cash and equivalents of ₹303 Cr.
Cash from operations was ₹1,462 Cr in the year to Mar 2026; after capital spending, free cash flow was ₹1,391 Cr.