Skip to content
thestock.space

Nippon Life India Asset Management (NAM-INDIA) had a P/E of 42.8× on 6 Nov 2026, above the industry P/E of 25.9×, and the shares are 16% below their 52-week high. It earns ROCE of 40% and ROE of 35%, and sales and net profit grew 26% and 28% a year over 3 years. It has almost no debt, and its dividend yield is 2.1%. It is a mid-cap company with a market cap of ₹68,177 Cr, ranked 6th of 69 Asset Management companies by market cap; the shares rose 21% over the past year.

As of 6 Nov 2026Prices are delayed about 15 minutes; fundamentals are from the quarter ended Sep 2026.How we calculate this

past year
Open
₹1,060.00
Day high
₹1,069.10
Day low
₹1,043.50
Prev. close
₹1,069.20
Volume
7.5 L

Health check

3 good · 1 fair · 2 to check
  • ReturnsAhead

    +21.3% over a year, better than 6 of 7 peers.

  • Price tagPricier

    P/E 42.8 vs industry 25.9.

  • GrowthSteady

    Sales +26.1%, profit +28.3% a year over 3 years.

  • ProfitabilityStrong

    ROCE 40.0% vs peer median 38.5%.

  • Balance sheetSolid

    Practically debt-free, Piotroski 6 of 9.

  • Red flags1 to check

    P/E of 42.8 against an industry P/E of 25.9.

Compared with 7 industry peers. Computed from reported figures. Educational, not a recommendation.

Asset Management

68 listed peers. Screen the industry

Mid cap

₹68,177 Cr, #6 of 69 in its industry by size.

Defensive

Beta 0.67 vs the NIFTY 50: moves less than the market.

Key metrics

Last 12 months to Sep 2026: sales ₹3,242 Cr · profit ₹1,617 Cr
Market cap
₹68,177 Cr
Mid cap
P/E
42.8
Industry 25.9
Price to book
14.29
Peers 13.19
Dividend yield
2.07%
ROE
35.3%
Peers 36.4%
ROCE
40.0%
Peers 38.5%
Debt to equity
0.02
Debt ₹77 Cr
EPS (TTM)
₹24.86
Face value ₹10
OPM (TTM)
67.3%
Net margin 49.9%
Sales growth
+17.9%
Latest quarter vs a year ago
Profit growth
−6.4%
Latest quarter vs a year ago
Price to sales
21.03
EV/EBITDA 30.4

Strengths and risks

Strengths

  • Return on equity of 35.3%.
  • Return on capital employed of 40.0%.
  • Practically debt-free.
  • Dividend yield of 2.07%.
  • Quarterly sales up 17.9% on a year ago.

Risks to check

  • P/E of 42.8 against an industry P/E of 25.9.

Derived automatically from reported figures. Not a recommendation.

About Nippon Life India Asset Management

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…

Headquarters
Mumbai
Employees
1,142
Sector
Financial Services
ISIN
INE298J01013

Price range

52 weeks

₹795.80₹1,269.50

Today

₹1,043.50₹1,069.10
Avg volume (3M)
11.2 L
1-year return
plus 21.3%
From 52-week high
minus 16.1%

Analyst consensus

24 analysts
BuyMean target ₹1,180.58 plus 10.8%

Target range, with today’s price

Low ₹960.00High ₹1,320.00

Consensus from Yahoo Finance. Not a recommendation.

Peers · Asset Management

Compare with peersScreen the whole industry
Company
JIOFINJio Financial Services231.20plus 0.69%1,58,44587.91.191.7%1.3%75.8%431.5%268.2%0.26%minus 23.9%
ICICIAMCICICI Prudential Asset Management Company2,935.80minus 1.45%1,45,10441.127.1698.3%76.2%74.1%28.9%29.6%1.44%plus 13.5%
BAJAJHLDNGBajaj Holdings & Investment11,044.00plus 1.80%1,22,91313.21.67–11.6%78.8%19.0%25.7%1.18%minus 10.3%
HDFCAMCHDFC Asset Management Company2,649.80plus 0.37%1,13,70138.313.1938.5%36.4%81.4%23.9%26.2%2.04%minus 2.3%
SBIFUNDSSBI Funds Management499.55minus 1.30%1,01,75033.313.47–40.4%78.5%––0.00%minus 18.1%
NAM-INDIANippon Life India Asset Management1,065.20minus 0.37%68,17742.814.2940.0%35.3%67.3%26.1%28.3%2.07%plus 21.3%
360ONE360 ONE WAM1,145.00plus 0.36%49,10738.74.5013.5%12.7%47.3%24.0%22.7%1.18%plus 5.7%
ANANDRATHIAnand Rathi Wealth2,373.50plus 0.15%39,41087.530.5850.0%43.0%35.5%27.9%33.0%0.32%plus 51.9%
Median of 7 peers–0.36%1,13,70138.713.1938.5%36.4%75.8%25.9%27.9%1.18%−2.3%

Quarterly results

Consolidated, ₹ crore
SalesSelect a row below to chart it
₹ CrJun 25Dec 25Mar 26Jun 26Sep 26
607705739767796
218235232259258
388470507508537
64.0%66.7%68.6%66.2%67.5%
14675.3−33.517023.1
1.81.81.61.61.6
8.410.912.21212.4
––––−96.8
524533460664450
24.5%24.2%16.4%24.3%27.9%
396404385504324
6.136.225.937.754.98

Sep 25 not reported by the data source.

Profit & loss

Yearly, ₹ crore
Sales CAGR 3Y
+26.1%
Profit CAGR 3Y
+28.3%
EPS CAGR 3Y
+27.0%
ROE
35.3%
Net profitSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
1,3501,6432,2312,709
–+21.7%+35.8%+21.4%
554650789916
7959931,4411,793
58.9%60.5%64.6%66.2%
27.530.737.246.8
46.26.77
29.829.130.640.3
139364253179
9281,3521,6941,972
22.1%18.2%24.1%22.5%
7231,1071,2861,529
–+53.1%+16.2%+18.9%
11.5317.5320.0323.63

Forecast

Your assumptions, not a prediction

Balance sheet

At each financial year end, ₹ crore
Total assetsSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
623630635638
2,8923,3523,5784,021
5678.68875.3
289314369458
3,8614,3754,6705,192
1492629676
2.51.64.12.3
515757979984
2,7973,0442,6523,100
532480406430
3,8614,3754,6705,192

Cash flow

Yearly, ₹ crore
Cash from operationsSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
5877771,2001,466
98.4−104−81.6−326
−712−671−1,116−1,150
−26.732.3−10
−12.8−11.9−541−79
5747666591,387
−716−811−1,202−1,208

Shareholding pattern

Source: NSE filings

NSE hasn’t returned a shareholding pattern for this company. Institutions hold about 89.7% (Yahoo estimate).

Major shareholders

NSE filing

Filings & events

News

No recent news coverage found.

My notes

Private to you