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NAM-INDIA · NSE · Asset Management Company

Nippon Life India Asset Management Ltd

What the numbers mean, from its filings and the exchange. Data as of 12 Oct 2026.
Mid Cap · AMFI list Jan-Jun 2026 · Vendor sector: Financial Services
fair low confidence No valuation within 120 days; P/E 40.7 vs peers 33.3 (8th of 13); P/B 11.6 vs peers 11.2 (7th of 12).
Statements through FY2026Prices adjusted for corporate actionsNot yet reviewed by the adversarial model

What is Nippon Life India Asset Management's share price today?

Nippon Life India Asset Management last traded at ₹1,057.00 on the NSE, as of 12 Oct 2026, 11:00 pm IST, up 1.1% on the day, up 18.1% over a year. Its 52-week range is ₹796 to ₹1,270. The live price is in the app.

₹1,057.00 +1.1% today
+18.1% over 1 year · NSE, as of 12 Oct 2026, 11:00 pm IST
60 month-end closes, 31 Oct 2021 to 30 Sep 2026, adjusted for splits and bonuses
52-week range55% of the way up
Low ₹796High ₹1,270

What is Nippon Life India Asset Management's market cap?

Nippon Life India Asset Management's market capitalisation is about ₹66,884 crore: what it would cost to buy every share at today's price. That makes it the 55th largest mid cap company we cover.

₹66,884 Cr Mid Cap55th largest mid cap company
Mid Cap means the companies ranked 101 to 250 by size, under SEBI's rules. Shares in issue are worked out from the market cap and the price. What market cap tells you →

Key facts

From the exchange
Symbol
NSE: NAM-INDIA
ISIN
INE298J01013
Cap bucket
Mid Cap, 55th largest by market cap
Industry (NSE)
Financial Services › Capital Markets › Asset Management Company
Listed since
2017
Futures and options
Traded

Is Nippon Life India Asset Management overvalued?

Fair, with low confidence: no valuation within 120 days; P/E 40.7 vs peers 33.3 (8th of 13); P/B 11.6 vs peers 11.2 (7th of 12).

Valuation

Latest price and trailing 12 months
P/E 40.68
vs peers 33.3 · 8th of 13
Price divided by last year's earnings per share: how many years of today's profit you pay for. Learn more →
P/B 11.60
vs peers 11.2 · 7th of 12
Price divided by book value per share: what you pay for each rupee of net assets on the balance sheet. Learn more →
Market cap ₹66,884 Cr
Total market value of all shares, in ₹ crore. Learn more →
Dividend yield 2.7%
vs peers 1.1% · 3rd of 10
Last year's dividends as a share of today's price. Learn more →
PEG (vendor) 9.27
vs peers 5.9 · 6th of 9
P/E divided by the vendor's earnings growth figure, which it does not disclose; a P/E adjusted for how fast profits grow. Learn more →
PEG on our 3-year EPS growth 1.48
P/E divided by the 3-year EPS growth rate from the stored accounts. Learn more →
3 models could be judged
Skipped — Fair value, EPV, Graham number, Graham value, Lynch, Owner earnings: no valuation stored

Our valuation range

🔒 Pro
Value range, implied growth at today's price, and the nine models behind it: in the app.

Is Nippon Life India Asset Management a quality business?

CLEAN on 12 of 22 lender flags judged.

Quality and risk

Data as of 12 Oct 2026
Business quality Not available
The kind of business, which sets the yardstick it is judged by. Learn more →
Quality score Not available
Returns, margins, leverage and consistency against its peers, out of 100. Learn more →
Risk level CLEAN
12 of 22 lender flags judged
From flags on debt, earnings quality, dilution and price swings. Learn more →

Lender scorecard

Statements through FY2026 (Mar-26)
Basis: consolidated accounts, FY2026 (Mar-26) against FY2025; NSE/BSE XBRL, the Q4 results filing; cost to income is operating expenses over net interest income plus other income; ROA over average total assets; ROE over average equity; not a lender: no NIM, asset quality, credit cost or loan growth
Net interest margin Not available
What a lender earns on its loans and investments less what it pays for deposits and borrowings, as a share of the assets that earn interest (or of all assets where the split is not filed). Learn more →
Gross NPA Not available
Loans on which repayment has stopped, as a share of all loans, before any provision against them; from the latest results filing. Learn more →
Net NPA Not available
Bad loans after the provisions already set aside against them, as a share of loans. Learn more →
Provision coverage Not available
How much of the gross bad loans has already been provided for. Learn more →
Credit cost Not available
The year's provisions for bad loans as a share of the average loan book. Learn more →
Cost to income 32.6%
vs peers 45.6% · 4th of 13
Operating expenses (staff, branches, technology) over net interest income plus other income. Learn more →
Return on assets 31.0%
vs peers 20.9% · 4th of 14
Profit as a share of average total assets. Learn more →
CET1 ratio Not available
Common equity tier 1 capital, the hardest kind, against risk-weighted assets; from the latest results filing. Learn more →
Loan growth YoY Not available
Growth in the loan book over the latest fiscal year. Learn more →
Deposit growth YoY Not available
Growth in deposits over the latest fiscal year. Learn more →
CASA ratio Not available
Current and savings account balances as a share of all deposits. Learn more →
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Has Nippon Life India Asset Management made money for shareholders?

Yes: +18.1% over one year and +20.3% a year over five years.

Shareholder returns

1-year return +18.1%
Price only
What the share price did over the last 12 months. Learn more →
5-year return +20.3% a year
Price only
Yearly average price return over five years, bonuses and splits adjusted. Learn more →
Wealth destroyer No
Five-year total return — price CAGR on bonus- and split-adjusted closes plus the dividend yield — below the 7% a bank fixed deposit paid. Learn more →

Returns

3Y and 5Y are yearly averages
1W
−1.5%
1M
−9.4%
3M
−14.0%
6M
+14.2%
1Y
+18.1%
3Y
+39.8%
5Y
+20.3%

Does Nippon Life India Asset Management pay a dividend?

Yes. Nippon Life India Asset Management's dividend yield is 2.67% at the latest price; the last payout was ₹12.50 a share, ex-dividend 25 Jun 2026.

Dividends

Per share, by ex-dividend date
Dividend yield2.67%
The past 12 months' dividends as a share of today's price.
25 Jun 2026 · Final₹12.50
6 Nov 2025 · Interim₹9.00
4 Jul 2025 · Final₹10.00
6 Nov 2024 · Interim₹8.00
28 Jun 2024 · Final₹11.00
Payout ratio🔒 In the app
The share of profit paid out as dividends; a very high share leaves little to reinvest.
Dividend growth, 5 years🔒 In the app
How fast the dividend per share has grown a year.
Years without a miss🔒 In the app
How many years in a row a dividend has been paid.

Is Nippon Life India Asset Management growing?

Revenue 3 years 24.6% a year; eps 3 years 27.4% a year; revenue 5 years 15.2% a year.

Growth

Statements through FY2026 (Mar-26)
Loan growth Not available
Growth in the loan book over the latest fiscal year. Learn more →
Deposit growth Not available
Growth in deposits over the latest fiscal year. Learn more →
Revenue 3 years 24.6% a year
vs peers 28.4% · 11th of 14
Compound annual growth of revenue over three years. Learn more →
EPS 3 years 27.4% a year
Growth in earnings per share, so dilution counts against the company. Learn more →
Revenue 5 years 15.2% a year
Compound annual growth of revenue over five years. Learn more →
EPS 5 years 16.8% a year
Growth in earnings per share over five years, so dilution counts against the company. Learn more →

How did Nippon Life India Asset Management do last quarter?

Nippon Life India Asset Management reported income of ₹937 Cr, up 16.1% on a year earlier and a net profit of ₹503 Cr, up 18.9% in the Jun 2026 quarter.

Latest quarter

Jun 2026
Income, latest quarter₹937 Cr
+16.1% on a year earlier
What the company took in over the quarter.
Net profit, latest quarter₹503 Cr
+18.9% on a year earlier
What was left for shareholders after every cost and tax.

How does Nippon Life India Asset Management compare with its peers?

Compared with 13 Capital Markets (the industry, as the basic industry was too small); 8th of 13 on P/E.

Compared with 13 Capital Markets (the industry, as the basic industry was too small)

13 companies

Nippon Life India Asset Management against its peers

Largest 10 of 13 peers, by market cap
CompanyMarket capP/EP/BROE1YQuality 🔒Rank 🔒
Nippon Life India Asset Management Ltd₹66,884 Cr40.711.635.5%+18.1%
ICICI Prudential Asset Management Co Ltd₹1.5 L Cr30.033.285.8%+17.2%
BSE Ltd₹1.3 L Cr47.819.049.1%+32.8%
Billionbrains Garage Ventures Ltd₹1.2 L Cr48.311.226.4%+46.5%
SBI Funds Management Ltd₹1.0 L Cr——43.0%−18.0%
HDFC Asset Management Company Ltd₹97,078 Cr32.910.332.9%−20.2%
Multi Commodity Exchange of India Ltd₹84,611 Cr54.921.643.4%+85.6%
Motilal Oswal Financial Services Ltd₹61,865 Cr31.24.812.2%+2.2%
360 ONE WAM Ltd₹42,749 Cr33.75.76.1%−4.8%
Anand Rathi Wealth Ltd₹33,851 Cr74.224.645.3%+38.9%
Nuvama Wealth Management Ltd₹32,556 Cr29.6—33.0%+22.5%
Peer median—33.311.232.9%+17.2%
Market cap in rupees crore; P/E and P/B on the latest price; 1Y is the price return over a year. A dash is a figure that does not apply or is not reported.

Full peer comparison

🔒 Pro
Every peer, every figure, the ranks and the quality and forensic scores side by side: in the app.

Who owns Nippon Life India Asset Management?

Nippon Life India Asset Management is held by promoters 71.8%, foreign institutions 7.0%, domestic institutions 15.5%.

Shareholding pattern

Latest filing, percent of shares
Promoters71.8%
The founders and controlling group.
Foreign institutions7.0%
Overseas funds investing through the FPI route.
Domestic institutions15.5%
Indian insurers, banks, pension and mutual funds together.
Mutual funds11.1%
Indian mutual fund schemes; part of domestic institutions.
Retail and others3.7%
Individual investors and everyone else.
Promoter shares pledged🔒 In the app
Promoter shares given as collateral for loans; a high share is a risk to watch.
Holding trend🔒 In the app
Whether promoters, foreign funds and mutual funds have been adding or selling over recent quarters.

What do analysts say about Nippon Life India Asset Management?

24 analysts cover Nippon Life India Asset Management, and the consensus is buy. A consensus is a count of opinions, not a forecast; read it beside the numbers.

Analyst consensus

24 analysts
ConsensusBuy
The rating most covering analysts give the share.
Average target price🔒 In the app
The mean of the analysts' 12-month price targets.
Upside to target🔒 In the app
How far the target sits above or below today's price.
Share rating it a buy🔒 In the app
The share of covering analysts with a buy rating.

What does Nippon Life India Asset Management do and what is it sensitive to?

Nippon Life India Asset Management (NIMF / NAM India) provides asset management services to the schemes of Nippon India Mutual Fund, plus portfolio management and advisory services to clients. Sensitive to: equity and asset price movements.

Business-model card

FY2026 · 36 verified
4Revenue
4Channels
2Regulators
3Reg. dependencies
5Sensitivities
3Costs
2Geographies

Nippon Life India Asset Management (NIMF / NAM India) provides asset management services to the schemes of Nippon India Mutual Fund, plus portfolio management and advisory services to clients. It earns investment management fees on average AUM, and advisory and portfolio management fees under agreements.

Revenue engine

4 verified
Investment management fees on mutual fund schemes
Fee income from managing the schemes of Nippon India Mutual Fund. Interpretation: revenue scales with average AUM, so it moves with market levels and investor flows into schemes.
Advisory fees
Fee income recognised on an accrual basis under agreements with respective investment managers or advisors.
Portfolio management fees
Fee income recognised on an accrual basis under Portfolio Management Agreements with individual clients.
1 more statement
Gain on Investments (Including Mark to Market)
Reported as other income, not fee income. Interpretation: it is driven by market movements on the company's own investments; FY26 amount is 179.20 crore against 253.13 crore in FY25.

Customers & channels

4 verified
Mutual Fund Distributors (MFDs)
Distributors that the company works with to reach investors; the filing describes them as critical to digital engagement.
Key Clients Group (KCG)
Business vertical for large corporate groups, banks and financial institutions.
Retail Business Development (RBD)
Business vertical for PSU banks, old private banks and co-operative banks, among other segments.
1 more statement
Elite Partners & Client Group (EPCG)
Business vertical for mid-size corporates, HNI investors and private wealth advisors or distributors.

Regulators

2 verified
SEBI (Mutual Funds) Regulations, 1996
Governs the company's mutual fund business, which is the core of its asset management activity.
SEBI (Portfolio Managers) Regulations, 2020
Governs the portfolio management service the company provides to clients.

Regulatory dependencies

3 verified
Regulatory intervention on fees and charges
Changes to fees, charges or exit loads would move fee revenue directly. The filing lists this as a threat.
Commissions paid to distributors
Competition for AUM can raise commissions, which would reduce net revenue. Interpretation: commission levels are a cost line tied to distributor economics.
Changes in regulation and enforcement
The filing says future regulatory changes or changed enforcement could adversely affect performance. Interpretation: the mechanism runs through compliance cost and product or distribution rules.

Sensitivities

5 verified
Equity and asset price movements
Interpretation: AUM-based fees rise when market prices of the underlying assets rise and fall when they fall. The company's own investments are also exposed to these price moves.
Interest rate movements
Interpretation: the company holds bonds and debt-oriented funds, so rate moves affect the value of its investments, and it manages this through duration management.
Inflation
Higher inflation is listed as a threat to household savings and corporate earnings, which would weigh on investment flows.
2 more statements
Crude prices and growth outlook
The filing says lower crude prices and moderate inflation are likely to support growth. Interpretation: higher crude would work in the opposite direction.
Geopolitical and trade uncertainty
Tariffs and trade policy are listed as downside risks to growth; the filing also lists geopolitical risks among threats.

Cost inputs

3 verified
Employee benefits expenses
Salaries, wages and bonus form the company's staff cost. Note 20 reports total employee benefits of 505.31 crore in FY26.
Information technology expenses
IT is a separately reported other-expense line: 84.82 crore in FY26 against 68.33 crore in FY25.
Marketing, advertisement and publicity
Separately reported other-expense line: 66.70 crore in FY26 against 58.14 crore in FY25.

Geographies

2 verified
Domestic presence across India
Operations and offices across 27 states and union territories, with 198 offices reported nationally.
One international location
The company reports one office outside India, in one country.
Each statement is checked word for word against the FY2026 annual report; the passages are in the app.

What changed recently?

Q1 FY2027 results filed (22 Jul 2026).

Change log

8 entries · newest first
  1. Results filedQ1 FY2027 results filed.
  2. Corporate actionDividend - Rs 12.50 Per Share.
  3. Results filedQ4 FY2026 results filed.
  4. Results filedQ3 FY2026 results filed.
  5. Corporate actionInterim Dividend - Rs 9 Per Share.
  6. Results filedQ2 FY2026 results filed.
  7. Results filedQ1 FY2026 results filed.
  8. Corporate actionDividend - Rs 10 Per Share.
Get alerts →Sign in to be told when any of these change.

What this page does not tell you

What could not be judged, and why. Never empty.
  • Models not runFair value, EPV, Graham number, Graham value, Lynch, Owner earnings: no valuation stored.
  • FlagsCLEAN on 12 of 22 lender flags judged; no red flag; 10 could not be judged.
  • Data gapsBusiness quality, Quality score, Net interest margin, Gross NPA, Net NPA, Provision coverage and 7 more: not available yet.
Not applicable to a bank, lender or insurer · 12
  • Altman ZAltman Z reads working capital and sales over assets, which a lender's balance sheet does not have.
  • Piotroski F-scorePiotroski's leverage and liquidity checks read deposits and borrowings as weakness.
  • Beneish M-scoreThe Beneish model reads receivables, margins and depreciation that a lender's accounts do not report.
  • Operating marginInterest is a lender's cost of goods, so operating profit before interest is not defined.
  • Interest coverageInterest is a lender's main cost, not a charge on operating profit.
  • Debt to equityBorrowings and deposits are a lender's raw material; gearing is judged by capital adequacy instead.
  • EV/EBITDAEnterprise value adds borrowings to market cap; for a lender borrowings are the business, not a claim on it.
  • FCF yieldOperating cash flow less capex is not free cash flow for a lender: loan growth sits in operating cash flow.
  • Cash conversion cycleA lender's receivables are its loan book, not invoices waiting to be paid.
  • Asset turnoverA lender earns a spread on its assets, not a turnover of them.
  • ROCEEBIT over capital employed reads a lender's interest income against its borrowings; return on assets and return on equity are the lender's measures.
  • ROCE, 10-year averageEBIT over capital employed reads a lender's interest income against its borrowings; return on assets is the lender's measure (HDFC Bank's 1.7% ten-year ROCE means nothing).

What this page rests on

✓10 years of annual statements, through FY2026 (Mar-26)✓10 quarters of results✓107 months of month-end prices, adjusted for bonuses and splits○no valuation of ours yet✓business-model card FY2026 · 36 verified

Questions people ask

What is Nippon Life India Asset Management's share price today?

Nippon Life India Asset Management last traded at ₹1,057.00 on the NSE, as of 12 Oct 2026, 11:00 pm IST, up 1.1% on the day, up 18.1% over a year. Its 52-week range is ₹796 to ₹1,270. The live price is in the app.

What is Nippon Life India Asset Management's market cap?

Nippon Life India Asset Management's market capitalisation is about ₹66,884 crore: what it would cost to buy every share at today's price. That makes it the 55th largest mid cap company we cover.

Is Nippon Life India Asset Management Ltd a large cap, mid cap or small cap?

Nippon Life India Asset Management Ltd (NAM-INDIA) is a mid cap company in AMFI's classification for Jan-Jun 2026. SEBI's buckets go by rank on six-month average market capitalisation: the top 100 are large caps, 101 to 250 mid caps, the rest small caps.

What is Nippon Life India Asset Management Ltd's P/E ratio?

40.68, vs peers 33.3 · 8th of 13. Price divided by last year's earnings per share: how many years of today's profit you pay for.

Is Nippon Life India Asset Management Ltd overvalued?

Fair, with low confidence: no valuation within 120 days; P/E 40.7 vs peers 33.3 (8th of 13); P/B 11.6 vs peers 11.2 (7th of 12).

How does Nippon Life India Asset Management Ltd make money?

Nippon Life India Asset Management (NIMF / NAM India) provides asset management services to the schemes of Nippon India Mutual Fund, plus portfolio management and advisory services to clients. It earns investment management fees on average AUM, and advisory and portfolio management fees under agreements.

Why is there no Altman Z or debt to equity for Nippon Life India Asset Management?

Borrowing is a bank's or lender's raw material, so those ratios mislead. Net interest margin, gross NPA, return on assets and the capital ratios are shown instead.

Who are Nippon Life India Asset Management Ltd's peers?

Compared with 13 Capital Markets (the industry, as the basic industry was too small): ICICI Prudential Asset Management Co Ltd, BSE Ltd, Billionbrains Garage Ventures Ltd, SBI Funds Management Ltd, HDFC Asset Management Company Ltd and 8 more. The app shows how they compare on every figure.

Is this investment advice?

No. Valarth is a research and learning tool and is not a SEBI-registered investment adviser or research analyst. The figures come from the company's filings and the exchanges; what to do with them is your call.

How did Nippon Life India Asset Management do last quarter?

Nippon Life India Asset Management reported income of ₹937 Cr, up 16.1% on a year earlier and a net profit of ₹503 Cr, up 18.9% in the Jun 2026 quarter.

Who owns Nippon Life India Asset Management?

Nippon Life India Asset Management is held by promoters 71.8%, foreign institutions 7.0%, domestic institutions 15.5%.

Does Nippon Life India Asset Management pay a dividend?

Yes. Nippon Life India Asset Management's dividend yield is 2.67% at the latest price; the last payout was ₹12.50 a share, ex-dividend 25 Jun 2026.

What do analysts say about Nippon Life India Asset Management?

24 analysts cover Nippon Life India Asset Management, and the consensus is buy. A consensus is a count of opinions, not a forecast; read it beside the numbers.

Everything on Nippon Life India Asset Management, and 6,621 other companies, with 212 filters and the full peer tables

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