NAM-INDIA · NSE

Nippon Life India Asset Management Limited

₹1,155

+3.22% (+₹36)

Prev. close

₹1,119

Volume

15,28,510

Delivery %

63.0%

As of

18 Sept 2026

Price history

Bullish

Jefferies Analysis · Jefferies · 01 Sept 2026

Retained a 'Buy' rating on NAM AMC with a target price of ₹1,320, implying a 13% upside from Monday's close. The analyst day focused on factors sustaining performance, including funds consistently in top tiers due to processes reducing key-person dependence and prioritizing long-term returns. The company is also increasing focus on smaller B-30 markets via one-man operations and digital channels.

Published mid-session at 12:03 IST. Tracking counts only prices printed after publication — the chart's dashed divider marks that moment; earlier prices never count toward entry or results.

Target ₹1,320PENDINGCall pageClear
Loading 1-hour bars since the call…
Jefferies Analysis's call · 01 Sept 2026

Analyst sentiment

Analysts lean bullish

5 analyst stances · last 90 days · one per analyst

Trackable

4 · 3 bull / 1 neutral / 0 bear

Long-Horizon

none in window

Commentary

1 · 1 bull / 0 neutral / 0 bear

Trackable = verdict-bearing calls · Long-Horizon = 1yr+ horizon, verdict pending · Commentary = context, not graded

Bullish 80% (4)Neutral 20% (1)Bearish 0% (0)
Explore by date range →

Analyst opinions

CallAnalystInstrumentVerdictActions
Retained a 'Buy' rating on NAM AMC with a target price of ₹1,320, implying a 13% upside from Monday's close. The analyst…Jefferies AnalysisJefferiesNippon Life India Asset Management Ltd.PENDING
Retained a 'Buy' rating on NAM AMC with a target price of ₹1,320, implying a 13% upside from Monday's close. The analyst day focused on factors sustaining performance, including funds consistently in top tiers due to processes reducing key-person dependence and prioritizing long-term returns. The company is also increasing focus on smaller B-30 markets via one-man operations and digital channels.
Rating & targetTarget ₹1,320Track opinion →

This call hasn't reached its evaluation window yet — the verdict will appear here once it's graded.

Market commentary · 1 · levels, conditionals, previews, macro & hedged views — context, not graded
CallAnalystInstrumentVerdictActions

Fundamentals

About Nippon Life India Asset Management Limited

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. Nippon Life India Asset Management Limited operates as a subsidiary of Nippon Life Insurance Company.

Details

Sector

Financial Services

Industry

Asset Management

CEO

Mr. Sundeep Sikka M.B.A.

Headquarters

Mumbai

Employees

1,142

Key stats

Market cap

₹71,610.35 Cr

P/E ratio (TTM)

44.2

Dividend yield

1.91%

EPS (TTM)

₹25.29

Beta (1Y · daily vs NIFTY 50)

1.72

Beta (5Y · monthly vs NIFTY 50)

1.27

Shares float

17.84 Cr

EPS · quarter ended Jun 2026

₹7.75

Financial Performance

01 · Financials

0 Cr1000 Cr2000 Cr3000 Cr0%10%20%30%40%FY21FY22FY23FY24FY25FY26
RevenueNet incomeEBITDARevenue growth YoY

FY21 growth needs FY20 filings, which the data source doesn't provide.

02 · Earnings Per Share (EPS)

0102030FY21FY22FY23FY24FY25FY26

03 · Dividend Profile

051015-50%0%50%100%03 Feb 2029 Jun 2005 Feb 2110 Jun 2108 Nov 2130 Jun 2201 Nov 2230 Jun 2309 Nov 2328 Jun 2406 Nov 2404 Jul 2506 Nov 2525 Jun 26
Dividend (₹/share)Annualised yieldAnnual dividend growth (FY)

Growth compares completed fiscal-year dividend totals on the company's own calendar: April–March (Indian FY), taken from its reported period-ends. Payout ledger: NSE corporate actions.

04 · Operating Efficiency (Growth Rates)

Balance-sheet-based · pre-FY23 not filed in verifiable form

-2000%0%2000%4000%FY21FY22FY23FY24FY25FY26
SalesFixed assetsTrade receivables

05 · Capital Structure & Asset Utilization

Pre-FY23 not filed in verifiable form

0 Cr2000 Cr4000 Cr6000 Cr0.2×0.4×0.6×FY21FY22FY23FY24FY25FY26
Total assetsTotal debtDebt / equityAsset turnover

Asset turnover needs a prior year of assets — omitted for the earliest available year.

06 · Asset Base Composition

Pre-FY23 not filed in verifiable form

0 Cr2000 Cr4000 Cr6000 CrFY21FY22FY23FY24FY25FY26
Fixed assetsCurrent assetsOther assets

07 · Debt Level & Coverage

Pre-FY23 not filed in verifiable form

0 Cr500 Cr1000 Cr1500 CrFY21FY22FY23FY24FY25FY26
DebtFree cash flowCash & equivalents

08 · Profit & Loss

Annual

Line itemFY21FY22FY23FY24FY25FY26
₹1,062.14 Cr₹1,306.64 Cr₹1,349.82 Cr₹1,643.22 Cr₹2,230.69 Cr₹2,708.74 Cr
EBITDA₹914.72 Cr₹1,019.71 Cr₹961.50 Cr₹1,387.86 Cr₹1,731.66 Cr₹2,019.24 Cr
₹680.33 Cr₹744.16 Cr₹723.33 Cr₹1,107.32 Cr₹1,286.39 Cr₹1,529.38 Cr
Diluted EPS₹10.9₹11.8₹11.53₹17.53₹20.03₹23.63

09 · Balance Sheet

Annual

Line itemFY21FY22FY23FY24FY25FY26
₹3,392.23 Cr₹3,796.54 Cr₹3,860.91 Cr₹4,375.04 Cr₹4,670.14 Cr₹5,192.28 Cr
Total debt₹56.00 Cr₹78.59 Cr₹88.03 Cr₹75.34 Cr
Stockholders' equity₹3,100.33 Cr₹3,477.81 Cr₹3,515.63 Cr₹3,982.18 Cr₹4,212.92 Cr₹4,659.14 Cr

Current assets, Inventory, Non-current assets, Others, Total debt have filed figures for only some of the years shown — no further verified source covers the rest, so those years are left blank rather than estimated.

Annual only — the data source doesn’t publish quarterly balance-sheet detail for most NSE-listed companies.

10 · Cash Flow Statement

Annual

Line itemFY21FY22FY23FY24FY25FY26
₹455.97 Cr₹579.55 Cr₹584.12 Cr₹777.48 Cr₹1,199.53 Cr₹1,466.02 Cr
Investing cash flow₹-401.61 Cr₹-124.54 Cr₹98.43 Cr₹-103.81 Cr₹-81.58 Cr₹-325.70 Cr
₹-239.12 Cr₹-425.87 Cr₹-711.65 Cr₹-670.70 Cr₹-1,115.63 Cr₹-1,150.29 Cr
Capital expenditure₹-19.67 Cr₹-6.82 Cr₹-12.82 Cr₹-11.87 Cr₹-538.53 Cr₹-78.96 Cr
End cash position₹18.78 Cr₹47.92 Cr₹21.26 Cr₹24.23 Cr₹26.55 Cr₹16.58 Cr

Annual only — the data source has no quarterly cash-flow-statement coverage.

11 · Shareholding Pattern

NSE, quarterly

Line itemSep 21Dec 21Mar 22Jun 22Sep 22Dec 22Mar 23(2Q)Jun 23Sep 23Dec 23Mar 24Jun 24Sep 24Dec 24Mar 25Jun 25Sep 25Dec 25Mar 26Jun 26
Promoter73.97%73.82%73.80%73.74%73.68%73.66%73.64%73.47%73.10%72.86%72.66%72.49%72.43%72.32%72.25%72.10%72.05%71.93%71.80%
Public26.03%26.18%26.20%26.26%26.32%26.34%26.36%26.53%26.90%27.14%27.34%27.51%27.57%27.68%27.75%27.90%27.95%28.07%28.20%
Employee trusts0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Source: NSE quarterly shareholding-pattern filings, collapsed to periods where the reported percentages held steady — a column spanning several quarters means no change was filed across them. No FII/DII sub-split available from this source — Public includes all non-promoter, non-employee-trust holders.

12 · Peer Comparison

Financial Services

Company
HDFC Bank Limited₹11.27 L Cr₹73116.21.388.6%0.81+4.7%-25.2%
ICICI Bank Limited₹9.75 L Cr₹1,347.617.62.6914.9%0.57+9.1%-5.0%
State Bank of India₹9.16 L Cr₹996.210.61.5414.0%1.22+9.2%+16.6%
Bajaj Finance Limited₹6.31 L Cr₹1,040.331.15.5416.7%3.10+19.7%+4.4%
Life Insurance Corporation Of India₹5.06 L Cr₹407.78.42.8732.5%+8.7%-54.2%
Kotak Mahindra Bank Limited₹4.08 L Cr₹41520.52.2510.6%0.53-0.3%-79.5%
Axis Bank Limited₹3.86 L Cr₹1,24014.01.8012.3%1.30+4.0%+10.1%
Bajaj Finserv Limited₹2.98 L Cr₹1,852.529.43.8212.6%4.64+13.6%-10.5%
Shriram Finance Limited₹2.34 L Cr₹1,01017.63.5515.2%2.76+13.9%+61.1%
SBI Life Insurance Company Limited₹1.77 L Cr₹1,73168.09.2912.9%-4.3%-5.0%
ICICI Prudential Asset Management Company Limited₹1.53 L Cr₹3,09843.836.5779.1%+23.1%
Nippon Life India Asset Management Limited₹76,108.41 Cr₹1,189.647.216.3432.8%0.02+21.4%+42.9%

Ranked by market cap within Financial Services, same metrics as the Fundamentals screener. Click a column to sort.

Documents

Official documents linked from their sources — offer documents as filed with SEBI (sebi.gov.in), annual reports and earnings-call transcripts as published on BSE (bseindia.com) and NSE (nseindia.com). Links open the source's own hosting; nothing is re-hosted here.

Index membership

40 indices

NSE weights are a free-float market-cap-share estimate, not NSE’s own published (and sometimes capped) index weight. BSE weights are BSE’s own published index weight, not an estimate. Indices without weight data are listed without one, in alphabetical order after the weighted ones.

NAM-INDIA

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Nippon Life India Asset Management (NAM-INDIA) Share Price Falls 3.38%

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