Is Nippon Life India Asset Management a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Nippon Life India Asset Management Ltd is a good quality company .

Is Nippon Life India Asset Management undervalued or overvalued?

The key valuation ratios of Nippon Life India Asset Management Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone .

What is Nippon Life India Asset Management share price return in the past 10 years?

Data is not available for this company

Is Nippon Life India Asset Management a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Nippon Life India Asset Management Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

What is the P/E ratio of Nippon Life India Asset Management?

The latest standalone P/E ratio of Nippon Life India Asset Management as of 22-Nov-2024 is 34.57.

What is the P/B ratio of Nippon Life India Asset Management?

The latest standalone P/B ratio of Nippon Life India Asset Management as of 22-Nov-2024 is 11.17.

What is the 52-week high and low of Nippon Life India Asset Management?

The 52-week high of Nippon Life India Asset Management is Rs. 748.90 and the 52-week low is Rs. 403.35.

Nippon Life India Asset Management Ltd - Stock Valuation and Financial Performance

Name: Nippon Life India Asset Management
Brand: Nippon Life India Asset Management

BSE: 540767 | NSE: NAM-INDIA | Finance - Asset Management | Mid Cap

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Nippon Life India As Share Price

₹679.35 4.55 0.67%
as on 22-Nov'24 16:59

10 Year X-Ray of Nippon Life India As:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Standalone Basis ^P Consolidated Basis ^P

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Value Creation ⓘ

Value Creation Index Colour Code Guide ⓘ

	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
ROCE % ⓘ	30%	31.4%	31.7%	31%	28.4%	21.9%	31%	30.2%	26.6%	36.2%	-
Value Creation Index ⓘ	1.7	1.8	1.8	1.3	1.1	1.0	1.8	1.2	1.0	2.2	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	847	1,200	1,308	1,592	1,479	1,203	1,062	1,307	1,350	1,643	1,968
Sales YoY Gr.	-	41.7%	9%	21.7%	-7.1%	-18.6%	-11.7%	23%	3.3%	21.7%	-
Adj EPS ⓘ	6.2	6.8	6.8	7.5	7.9	7.8	11	11.9	11.6	17.6	20.8
YoY Gr.	-	9.7%	0%	9.9%	6.4%	-2.1%	42.1%	8.2%	-2.8%	51.4%	-
BVPS (₹) ⓘ	26.2	30	31.4	38.6	41.8	41.3	48.8	54.1	54.4	61.4	64.2
Adj Net Profit ⓘ	356	399	399	456	486	475	681	744	724	1,107	1,320
Cash Flow from Ops. ⓘ	-42.1	218	556	376	386	605	456	580	587	777	-
Debt/CF from Ops. ⓘ	0	0	0	0	0	0	0	0	0	0	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	7.6%	2.1%	15.7%	21.7%
Adj EPS ⓘ	12.3%	17.2%	16.8%	51.4%
BVPSⓘ	9.9%	8%	8%	12.9%
Share Price	-	12.5%	19.8%	62.1%

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
Return on Equity % ⓘ	23	24	21.8	21.5	19.7	18.4	23.9	22.6	20.7	29.5	33.2
Op. Profit Mgn % ⓘ	42.1	34.7	35.7	32.1	36.4	49.8	52.5	60.5	58.9	60.5	63.1
Net Profit Mgn % ⓘ	42	33.3	30.5	28.8	32.9	39.6	64	56.9	53.6	67.3	67.1
Debt to Equity ⓘ	0	0	0	0	0	0	0	0	0	0	0
Working Cap Days ⓘ	399	275	242	191	191	135	66	56	65	57	349
Cash Conv. Cycle ⓘ	-99	-40	-44	-54	-32	-22	-39	-35	-28	-18	329

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 33.20%

Sales growth is growing at healthy rate in last 3 years 15.66%

Net Profit is growing at healthy rate in last 3 years 16.78%

Sales growth is good in last 4 quarters at 35.10%

No data to display

Latest Financials - Nippon Life India Asset Management Ltd.

	Standalone	Consolidated
TTM EPS (₹)	19.7	20.8
TTM Sales (₹ Cr.)	1,817	1,968
BVPS (₹.) ⓘ	61.1	64.2
Reserves (₹ Cr.) ⓘ	3,237	3,434
P/BV ⓘ	11.17	10.62
PE ⓘ	34.57	32.74

From the Market
52 Week Low / High (₹)	403.35 / 748.90
All Time Low / High (₹)	120.20 / 748.90
Market Cap (₹ Cr.)	43,209
Equity (₹ Cr.)	633.3
Face Value (₹)	10
Industry PE ⓘ	34.5

Management X-Ray of Nippon Life India As:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

* Pledged shares as % of Promoter's holding (%)

Valuation of Nippon Life India As

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Price Chart

Price to Earnings

Enterprise Value to EBIT

Price to Book-Value

Price to Sales

Dividend History

Analyst's Notes

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Key Ratios of Nippon Life India As

Standalone Basis Consolidated Basis

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Income	963	1,314	1,440	1,749	1,651	1,289	1,419	1,536	1,517	2,038
Interest Income	847	1,200	1,308	1,592	1,479	1,203	1,062	1,307	1,350	1,643
Other Income ⓘ	116	114	133	157	172	86	357	230	168	394
Expenditure ⓘ	499	791	859	1,093	951	729	542	547	590	685
Interest Expense ⓘ	0	0	0	2	0	6	4	4	4	6
Operating Expenses ⓘ	487	770	840	1,076	927	622	521	528	569	656
Provisions	12	21	19	15	23	102	17	16	17	23
Exceptional Items ⓘ	0	0	0	0	0	0	0	0	0	0
Profit Before Tax ⓘ	464	522	581	656	700	560	877	989	928	1,352
Taxes ⓘ	109	126	179	198	213	144	198	245	205	246
Profit After Tax	354	396	402	457	487	416	679	743	723	1,106
Adjusted EPS (₹)	6.2	6.7	6.8	7.5	7.9	6.8	11.0	12.0	11.6	17.6
Dividend Payout Ratio (%)	48%	63%	62%	81%	76%	74%	72%	92%	99%	94%

Balance Sheet

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Equity and Liabilities
Equity Capital	1,536	1,792	1,873	2,365	2,570	2,593	3,100	3,478	3,515	3,973
Share Capital ⓘ	41	42	42	612	612	612	617	622	623	630
Reserves ⓘ	1,495	1,750	1,831	1,753	1,958	1,981	2,484	2,856	2,892	3,343
Minority Interest	9	9	0	65	0	0	0	0	0	0
Long Term Borrowings	-4	-1	8	19	40	35	54	90	105	101
Current Liabilities	252	122	167	272	166	252	237	228	240	292
Trade Payables	93	65	108	133	47	68	63	56	66	50
Short term borrowings	0	0	0	0	0	0	0	0	0	0
Other Liabilities	-93	-65	-108	-133	-47	-68	-62	-55	-66	-40
Total Liabilities ⓘ	1,793	1,922	2,048	2,722	2,776	2,880	3,392	3,797	3,861	4,375
Assets
Non Current Asset	717	925	997	1,308	1,579	2,239	2,897	3,286	3,364	3,882
Loan Asset	0	0	0	0	0	0	0	0	0	0
Other Non Current Asset ⓘ	717	925	997	1,308	1,579	2,239	2,897	3,286	3,364	3,882
Current Asset	1,076	997	1,051	1,414	1,197	641	495	511	497	494
Current Investment	432	384	357	85	0	0	0	0	0	0
Other Current Asset	644	614	694	1,329	1,197	641	495	511	497	494
Total Assets ⓘ	1,793	1,922	2,048	2,722	2,776	2,880	3,392	3,797	3,861	4,375

Cash Flow

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Cash Flow From Operating Activity ⓘ	-42	218	556	376	386	605	456	580	587	777
Cash Flow From Investing Activity ⓘ	445	-28	-315	-260	-35	37	-402	-125	98	-104
Cash Flow From Financing Activity ⓘ	-404	-174	-300	-92	-359	-468	-239	-426	-712	-671
Net Cash Flow ⓘ	-1	16	-59	24	-7	174	-185	29	-27	3

Finance Ratio

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Operational & Financial Ratios
EPS (₹)	315	344	349	7	8	7	11	12	12	18
DPS (₹)	150	215	215	6	6	5	8	11	12	17
BVPS (₹)	1336	1529	1599	39	42	41	49	54	54	61
Performance Ratios
ROA (%)	19.8	21.3	20.3	19.2	17.7	14.7	21.7	20.7	18.9	26.9
ROE (%)	23.2	24.3	22.3	21.7	19.8	16.4	24.5	23.3	21.4	30.5
ROCE (%)	30.0	31.4	31.7	31.0	28.4	21.9	31.0	30.2	26.6	36.2
Valuation Parameters
Price/Book(x)	0.0	0.0	0.0	6.4	5.0	6.0	6.9	6.4	3.9	7.7

Nippon Life India Asset Management Ltd Stock News

Nippon Life India Asset Management Ltd FAQs

What is the share price of Nippon Life India As?

Company share prices are keep on changing according to the market conditions. The closing price of Nippon Life India As on 22-Nov-2024 16:59 is ₹679.4.

What is the market cap of Nippon Life India As?

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 22-Nov-2024 16:59 the market cap of Nippon Life India As stood at ₹43,208.9.

What is the P/E ratio of Nippon Life India As?

The latest P/E ratio of Nippon Life India As as of 22-Nov-2024 16:59 is 34.57.

What is the P/B ratio of Nippon Life India As?

The latest P/B ratio of Nippon Life India As as of 22-Nov-2024 16:59 is 11.17.

What is the 52-week high and low of Nippon Life India As?

The 52-week high of Nippon Life India As is ₹748.9 and the 52-week low is ₹403.4.

What is the TTM revenue of Nippon Life India As?

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Nippon Life India As is ₹1,817 ( Cr.) .

About Nippon Life India Asset Management Ltd

Nippon Life India Asset Management Limited (NAM India) is the asset manager of Nippon India Mutual Fund (NIMF). The name of the company was changed from 'Reliance Nippon Life Asset Management Limited' to ‘Nippon Life India Asset Management Limited’ and a fresh certificate of incorporation was issued by the Registrar of Companies, Mumbai on January 13, 2020. Equity Shares of NAM India are listed on BSE Limited and National Stock Exchange of India Limited. Nippon Life India Asset Management Limited (NAM India) is a listed public limited company incorporated under the Companies Act, 1956 on February 24, 1995.

Nippon Life Insurance Company (NLI) is a Japan’s leading private life insurer and offers a wide range of financial products, including individual and group life and annuity policies through various distribution channels, mainly using face-to-face sales channels for its traditional insurance products. It primarily operates in Japan, North America, Europe, Oceania and Asia. NLI conducts asset management operations in Asia, through its subsidiary Nissay Asset Management Corporation (Nissay), which manages assets globally.

Business area of the company

Nippon Life India Asset Management’s principal activity is to act as an investment manager to Nippon India Mutual Fund (Formerly Reliance Mutual Fund) (the Fund) and to provide Portfolio Management Services (PMS) and advisory services to clients under Securities and Exchange Board of India (SEBI) Regulations. The Company is registered with SEBI under the SEBI (Mutual Funds) Regulations, 1996.

Products of the company

Nippon India Any Time Money Card
Nippon India Salary Addvantage
Nippon India SIP Insure
Nippon India Smart STeP
Simply Save

Awards

ET BFSI Excellence Awards 2019 - Best Customer Engagement of the Year for Conversational Commerce.
Featured as a global case study in the Google Cloud Summit as a prominent partner on its Conversational Commerce.
BFSI Smart Tech Leadership Awards - Best Use of Emerging or Innovative Technology for Conversational Commerce.
BFSI Smart Tech Leadership Awards - Outstanding use of AI & Robotics in Financial Services for Business Easy 2.0.
Indian Digital Media Awards 2019 - Best Customer Engagement of the Year for Conversational Commerce.
Kamikaze B2B Media - Best Payment technology initiative of the Year for Conversational Commerce.

Major events and milestones

1995: Received the approval to act as the asset management company to the Reliance Mutual Fund, then known as Reliance Capital Mutual Fund.
1995: Reliance Growth Fund and Reliance Vision Fund schemes launched by the Reliance Mutual Fund, with the company acting as the asset management company.
2004: Commenced portfolio management services.
2004: Commenced offshore operations in Mauritius by setting up a wholly owned subsidiary, Reliance Asset Management (Mauritius) Limited.
2005: Commenced offshore operations in Singapore by setting up a wholly owned subsidiary, Reliance Asset Management (Singapore) Pte Limited.
2008: Executed a contract to provide discretionary portfolio management services to the Employees’ Provident Fund Organisation (acting through its Central Board of Trustees).
2012: Received the first tranche of investment from Nippon Life.
2014: The company’s subsidiary, Reliance AIF Management Company Limited, appointed as the ‘manager’ to the Reliance Capital AIF Trust.
2014: Reliance Japan Equity Fund, a Japan focused open-ended diversified equity scheme launched by Reliance Mutual Fund, with the company acting as the asset management company.
2015: Entered into an Investor Advisory Agreement with Samsung Asset Management (Hong Kong) Limited.
2015: Equity-oriented Retirement Fund launched by Reliance Mutual Fund, with the company acting as the asset management company.
2015: QAAUM (Reliance Mutual Fund) crossed Rs 1,500,000 million.
2016: Acquired the asset management rights of 12 schemes being managed by Goldman Sachs Asset Management (India) Private Limited.
2016: Launched the ‘Simply Save’ app and Instant Redemption facility.
2016: Executed a contract to provide discretionary portfolio management services to the Coal Mines Provident Fund Organization (acting through its Board of Trustees).
2016: The company’s subsidiary, Reliance AIF Management Company Limited, appointed as the ‘manager’ to the Reliance Event Opportunities Trust.
2017: QAAUM (Reliance Mutual Fund) crossed Rs 2,000,000 million.
2018: Focused approach on SIPs resulting in 2.5X growth enabling long term assets.
2019: Company inks Strategic Alliances to fortify its Digital Distribution
2019: Nippon Life Insurance (NLI), Japan’s leading private life insurer and its partner since 2012, became the principal shareholder in the company.