Nippon Life India Asset Management Ltd (NAM India) is one of the leading asset management companies in India, backed by Nippon Life Insurance Company, one of Japan’s foremost private life insurers. Nippon Life holds a substantial stake in NAM India, making it a prominent player in India’s financial services landscape. NAM India offers a comprehensive range of services, including mutual fund investments, portfolio management, financial planning, and advisory services, catering to both retail and institutional investors. As of the latest reports, the company manages a significant ₹3,62,981 crore in assets under management (AUM), highlighting its strong market presence. NAM India serves as the asset manager for Nippon India Mutual Fund (NIMF), which provides a diverse array of mutual fund schemes, offering investors various investment options to meet their financial goals. In addition to its dominance in the Indian market, NAM India is also actively expanding its presence on the international stage, strengthening its position as a global asset management company.
Latest News on Nippon Life India Asset Management Ltd
Nippon Life India Asset Management Ltd (NAM India) has announced an upcoming board meeting scheduled for October 24, 2024. During this meeting, the company is set to discuss its quarterly financial results, which will provide key insights into its recent performance and market standing. In addition, the board will also consider the declaration of an interim dividend, signaling potential returns for shareholders. This announcement is eagerly awaited by investors and market participants, as it could offer updates on NAM India’s financial health and future growth outlook.
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | |
| Promoters + | 73.64% | 73.47% | 73.10% | 72.86% | 72.66% |
| FIIs + | 4.84% | 5.06% | 5.54% | 5.49% | 6.56% |
| DIIs + | 10.24% | 14.57% | 14.18% | 14.40% | 14.34% |
| Public + | 11.28% | 6.92% | 7.18% | 7.26% | 6.43% |
| No. of Shareholders | 1,89,077 | 1,71,968 | 1,80,854 | 1,86,166 | 1,79,749 |
The shareholding pattern of Nippon Life India Asset Management Ltd (NAM India) has seen slight fluctuations over the quarters from June 2023 to June 2024. Promoter holdings have gradually decreased from 73.64% in June 2023 to 72.66% by June 2024. Foreign Institutional Investors (FIIs) have increased their stake, growing from 4.84% in June 2023 to 6.56% by June 2024, indicating increased interest from international investors. Domestic Institutional Investors (DIIs) also showed a steady presence, with their holdings rising from 10.24% to 14.34% over the same period. The public shareholding saw a decline, dropping from 11.28% in June 2023 to 6.43% by June 2024. The number of shareholders has experienced some fluctuations, with a peak in March 2024 at 1,86,166, eventually falling slightly to 1,79,749 by June 2024.
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| When | Maximum Price | Minimum Price |
| November 2024 | 747.05 | 649.61 |
| December 2024 | 754.52 | 656.11 |
As we approach the end of 2024, Nippon Life India Asset Management Ltd is projected to experience a maximum price of ₹747.05 and a minimum price of ₹649.61 in November. Moving into December 2024, the company’s stock is expected to see a slight increase, with the maximum price rising to ₹754.52 and the minimum price reaching ₹656.11. These price movements highlight the company’s anticipated steady growth as the year concludes.
| When | Maximum Price | Minimum Price |
| January 2025 | 762.07 | 586.21 |
| February 2025 | 769.77 | 592.13 |
| March 2025 | 785.93 | 604.56 |
| April 2025 | 778.15 | 598.58 |
| May 2025 | 755.49 | 581.14 |
| June 2025 | 789.48 | 607.29 |
| July 2025 | 774.00 | 595.39 |
| August 2025 | 797.94 | 613.80 |
| September 2025 | 807.52 | 621.17 |
| October 2025 | 828.51 | 637.32 |
| November 2025 | 849.23 | 653.25 |
| December 2025 | 887.44 | 682.65 |
As we step into 2025, Nippon Life India Asset Management Ltd is expected to have a maximum price of ₹762.07 and a minimum price of ₹586.21 in January. As the months progress, the stock is forecasted to see gradual increases, with February reaching a maximum of ₹769.77 and a minimum of ₹592.13. By mid-year, June’s prices are projected to peak at ₹789.48 and bottom at ₹607.29. As we step into the final months of 2025, the stock could see its highest values, with November reaching a maximum of ₹849.23 and a minimum of ₹653.25, while December might close the year with a maximum of ₹887.44 and a minimum of ₹682.65.
| When | Maximum Price | Minimum Price |
| January 2026 | 914.06 | 703.13 |
| February 2026 | 891.21 | 685.55 |
| March 2026 | 909.04 | 699.26 |
| April 2026 | 927.59 | 713.53 |
| May 2026 | 918.40 | 706.46 |
| June 2026 | 941.36 | 724.13 |
| July 2026 | 922.91 | 709.93 |
| August 2026 | 951.45 | 731.88 |
| September 2026 | 970.48 | 746.52 |
| October 2026 | 995.71 | 765.93 |
| November 2026 | 1,020.60 | 785.08 |
| December 2026 | 1,046.12 | 804.71 |
| When | Maximum Price | Minimum Price |
| January 2027 | 1,056.58 | 812.75 |
| February 2027 | 1,083.67 | 833.59 |
| March 2027 | 1,125.93 | 866.10 |
| April 2027 | 1,103.86 | 849.12 |
| May 2027 | 1,071.71 | 824.39 |
| June 2027 | 1,119.93 | 861.49 |
| July 2027 | 1,097.97 | 844.60 |
| August 2027 | 1,131.93 | 870.72 |
| September 2027 | 1,171.55 | 901.19 |
| October 2027 | 1,202.01 | 924.62 |
| November 2027 | 1,232.06 | 947.74 |
| December 2027 | 1,262.86 | 971.43 |
| When | Maximum Price | Minimum Price |
| January 2028 | 1,288.12 | 990.86 |
| February 2028 | 1,321.15 | 1,016.27 |
| March 2028 | 1,372.67 | 1,055.90 |
| April 2028 | 1,345.76 | 1,035.20 |
| May 2028 | 1,306.56 | 1,005.05 |
| June 2028 | 1,365.36 | 1,050.27 |
| July 2028 | 1,338.58 | 1,029.68 |
| August 2028 | 1,379.98 | 1,061.53 |
| September 2028 | 1,428.28 | 1,098.68 |
| October 2028 | 1,465.42 | 1,127.24 |
| November 2028 | 1,502.05 | 1,155.43 |
| December 2028 | 1,539.60 | 1,184.31 |
| When | Maximum Price | Minimum Price |
| January 2029 | 1,570.40 | 1,208.00 |
| February 2029 | 1,610.66 | 1,238.97 |
| March 2029 | 1,673.48 | 1,287.29 |
| April 2029 | 1,640.67 | 1,262.05 |
| May 2029 | 1,592.88 | 1,225.29 |
| June 2029 | 1,664.56 | 1,280.43 |
| July 2029 | 1,631.92 | 1,255.32 |
| August 2029 | 1,682.39 | 1,294.15 |
| September 2029 | 1,741.28 | 1,339.44 |
| October 2029 | 1,786.55 | 1,374.27 |
| November 2029 | 1,831.21 | 1,408.63 |
| December 2029 | 1,876.99 | 1,443.84 |
| When | Maximum Price | Minimum Price |
| January 2030 | 1,914.53 | 1,472.72 |
| February 2030 | 1,963.62 | 1,510.48 |
| March 2030 | 2,040.20 | 1,569.39 |
| April 2030 | 2,000.20 | 1,538.62 |
| May 2030 | 1,941.94 | 1,493.80 |
| June 2030 | 2,029.33 | 1,561.02 |
| July 2030 | 1,989.54 | 1,530.41 |
| August 2030 | 2,051.07 | 1,577.75 |
| September 2030 | 2,122.86 | 1,632.97 |
| October 2030 | 2,178.05 | 1,675.43 |
| November 2030 | 2,232.50 | 1,717.31 |
| December 2030 | 2,288.32 | 1,760.24 |
As we move into 2030, Nippon Life India Asset Management Ltd is expected to see a maximum price of ₹1,914.53 and a minimum of ₹1,472.72 in January. As the year progresses, February could reach a maximum of ₹1,963.62 and a minimum of ₹1,510.48. By mid-year, June may show strong growth with prices peaking at ₹2,029.33 and bottoming at ₹1,561.02. As we move into the later months, September might witness a maximum of ₹2,122.86 and a minimum of ₹1,632.97, while December could close the year at a high of ₹2,288.32 and a low of ₹1,760.24.
Financial Condition of Nippon Life India Asset Management: Last 5 years
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
| Sales + | 1,192 | 1,419 | 1,533 | 1,512 | 2,036 | 1,794 |
| Expenses + | 594 | 505 | 516 | 555 | 649 | 686 |
| Operating Profit | 598 | 914 | 1,017 | 957 | 1,386 | 1,108 |
| OPM % | 50% | 64% | 66% | 63% | 68% | 62% |
| Other Income + | 1 | 1 | 2 | 5 | 2 | 408 |
| Interest | 6 | 4 | 4 | 4 | 6 | 7 |
| Depreciation | 33 | 33 | 27 | 30 | 29 | 28 |
| Profit before tax | 560 | 877 | 989 | 928 | 1,352 | 1,481 |
| Tax % | 26% | 23% | 25% | 22% | 18% | |
| Net Profit + | 415 | 680 | 744 | 723 | 1,107 | 1,204 |
| EPS in Rs | 6.78 | 11.04 | 11.96 | 11.61 | 17.58 | 19.14 |
| Dividend Payout % | 74% | 72% | 92% | 99% | 94% |
Nippon Life India Asset Management Ltd (NAM India) has demonstrated strong and consistent financial growth over the past five years, reflecting its solid market position and effective management. From March 2020 to March 2024, the company’s sales have seen a substantial increase, rising from ₹1,192 crore in 2020 to ₹2,036 crore in 2024. This growth highlights the company’s expanding operations and ability to attract more assets under management, which has been crucial in driving revenue upwards.
The company’s operating profits have also grown significantly over this period, from ₹598 crore in March 2020 to ₹1,386 crore by March 2024. This sharp rise in operating profits is accompanied by an increase in its operating profit margin (OPM), which improved from 50% in 2020 to an impressive 68% in 2024. The growing OPM indicates the company’s efficiency in controlling costs while maximizing revenue, with expenses increasing at a much slower rate than sales, from ₹594 crore to ₹649 crore during the same time frame.
One of the standout figures in NAM India’s financials is the notable surge in other income, especially in the trailing twelve months (TTM), where it jumped to ₹408 crore. This significant rise suggests NAM India has benefited from strategic investments or other income streams beyond its core asset management business. The company’s profit before tax has steadily increased as well, climbing from ₹560 crore in 2020 to ₹1,352 crore in 2024, demonstrating its strong financial health.
Net profit has followed a similar upward trajectory, rising from ₹415 crore in March 2020 to ₹1,107 crore in March 2024. This translates into an increase in earnings per share (EPS), which grew from ₹6.78 in 2020 to ₹17.58 in 2024, signaling a strong return on equity for investors. NAM India has also consistently maintained a high dividend payout ratio, underscoring its commitment to rewarding shareholders. The payout ratio has remained above 70%, reaching as high as 99% in March 2023, reflecting NAM India’s ability to generate strong cash flows while returning a significant portion of profits to shareholders.
FAQs
What is Nippon Life India Asset Management current market capitalization?
The current market capitalization of Nippon Life India Asset Management is approximately ₹44,354 crores.
The projected share price target for Nippon Life India Asset Management in 2025 ranges from a minimum of ₹581.14 to a maximum of ₹887.44.
The expected share price target for Nippon Life India Asset Management in 2030 ranges from a minimum of ₹1,472.72 to a maximum of ₹2,288.32.
What is Nippon Life India Asset Management current price-to-earnings (P/E) ratio?
The current P/E ratio of Nippon Life India Asset Management is 36.8.
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Conclusion
In conclusion, Nippon Life India Asset Management Ltd (NAM India) has established itself as a prominent player in the Indian asset management industry, with ₹3,62,981 crore in assets under management and a diverse range of offerings, including mutual funds and portfolio management services. The upcoming board meeting on October 24, 2024, is highly anticipated as it will unveil quarterly financial results and potential interim dividend declarations, providing crucial insights into the company’s financial health. The shareholding patterns over the past year reveal a gradual decrease in promoter holdings alongside increasing interest from institutional investors, signaling growing confidence in NAM India’s future. Financially, the company has exhibited impressive growth, with consistent increases in sales and net profit over the last five years, as well as a healthy operating profit margin. Looking ahead, share price predictions from 2024 to 2030 indicate a strong upward trend, reflecting NAM India’s solid market position and strategic growth initiatives. Overall, NAM India’s robust performance and proactive approach position it favorably for continued success and shareholder value creation in the future.
What did we learn?
- 1 Latest News on Nippon Life India Asset Management Ltd
- 2 Shareholdings Patterns of Nippon Life India Asset Management Ltd
- 3 How to purchase Nippon Life India Asset Management Ltd shares?
- 4 Nippon Life India Asset Management Ltd Share Price Prediction: 2024 to 2030
- 4.1 Nippon Life India Asset Management Ltd Share Price Prediction 2024
- 4.2 Nippon Life India Asset Management Ltd Share Price Prediction 2025
- 4.3 Nippon Life India Asset Management Ltd Share Price Prediction 2026
- 4.4 Nippon Life India Asset Management Share Price Prediction 2027
- 4.5 Nippon Life India Asset Management Ltd Share Price Target 2028
- 4.6 Nippon Life India Asset Management Share Price Prediction 2029
- 4.7 Nippon Life India Asset Management Ltd Share Price Target 2030
- 5 Financial Condition of Nippon Life India Asset Management: Last 5 years
- 6 FAQs
- 6.1 What is Nippon Life India Asset Management current market capitalization?
- 6.2 What is the projected share price target for Nippon Life India Asset Management in 2025?
- 6.3 What is the expected share price target for Nippon Life India Asset Management in 2030?
- 6.4 What is Nippon Life India Asset Management current price-to-earnings (P/E) ratio?
- 7 Conclusion
