Shares of Nippon Life India Asset Management touched an all-time high of Rs 828.50 on NSE in early trade. The stock climbed as much as 1.6% at open, before paring nearly all gains.
Financial Performance:
The following table presents the consolidated quarterly financial data for Nippon Life India Asset Management:
HeadingMar 2024Jun 2024Sep 2024Dec 2024
Mar 2025RevenueRs 468.27 CroreRs 504.96 CroreRs 571.30 CroreRs 587.89 Crore
Rs 566.54 CroreNet ProfitRs 342.63 CroreRs 332.17 CroreRs 359.98 CroreRs 295.26 Crore
Rs 298.32 CroreEPS5.455.275.694.66
4.71
The revenue for Nippon Life India Asset Management has shown an increase over the quarters, with a slight decrease in the quarter ending March 2025. The net profit saw fluctuations, with the highest profit in September 2024. Earnings per share (EPS) also varied, reflecting the changes in net profit.
The following table presents the consolidated yearly financial data:
Heading2021202220232024
2025RevenueRs 1,062.14 CroreRs 1,306.64 CroreRs 1,349.82 CroreRs 1,643.22 Crore
Rs 2,230.69 CroreNet ProfitRs 679.39 CroreRs 743.37 CroreRs 722.93 CroreRs 1,106.25 Crore
Rs 1,285.73 CroreEPS11.0412.0011.6117.71
20.34BVPS50.2955.9156.4163.06
66.38ROE21.9421.3920.5727.87
30.53Debt to Equity0.000.000.000.00
0.00
The annual revenue has shown consistent growth from 2021 to 2025. The net profit also increased significantly, with the highest profit recorded in 2025. Earnings per share (EPS) followed a similar trend, reflecting the growth in net profit. The company has zero debt to equity.
Annual Income Statement:
Mar 2025Mar 2024Mar 2023Mar 2022
Mar 2021SalesRs 2,230 CroreRs 1,643 CroreRs 1,349 CroreRs 1,306 Crore
Rs 1,062 CroreOther IncomeRs 290 CroreRs 394 CroreRs 166 CroreRs 228 Crore
Rs 357 CroreTotal IncomeRs 2,520 CroreRs 2,037 CroreRs 1,516 CroreRs 1,535 Crore
Rs 1,419 CroreTotal ExpenditureRs 819 CroreRs 678 CroreRs 584 CroreRs 543 Crore
Rs 537 CroreEBITRs 1,701 CroreRs 1,358 CroreRs 931 CroreRs 992 Crore
Rs 881 CroreInterestRs 6 CroreRs 6 CroreRs 3 CroreRs 3 Crore
Rs 4 CroreTaxRs 408 CroreRs 246 CroreRs 204 CroreRs 245 Crore
Rs 197 CroreNet ProfitRs 1,285 CroreRs 1,106 CroreRs 722 CroreRs 743 Crore
Rs 679 Crore
Quarterly Income Statement:
Mar 2025Dec 2024Sep 2024Jun 2024
Mar 2024SalesRs 566 CroreRs 587 CroreRs 571 CroreRs 504 Crore
Rs 468 CroreOther IncomeRs 23 CroreRs 15 CroreRs 120 CroreRs 130 Crore
Rs 92 CroreTotal IncomeRs 589 CroreRs 603 CroreRs 692 CroreRs 635 Crore
Rs 560 CroreTotal ExpenditureRs 209 CroreRs 209 CroreRs 204 CroreRs 195 Crore
Rs 184 CroreEBITRs 379 CroreRs 393 CroreRs 487 CroreRs 440 Crore
Rs 375 CroreInterestRs 1 CroreRs 1 CroreRs 1 CroreRs 1 Crore
Rs 1 CroreTaxRs 79 CroreRs 96 CroreRs 126 CroreRs 106 Crore
Rs 31 CroreNet ProfitRs 298 CroreRs 295 CroreRs 359 CroreRs 332 Crore
Rs 342 Crore
Cash Flow:
Mar 2025Mar 2024Mar 2023Mar 2022
Mar 2021Operating ActivitiesRs 1,199 CroreRs 777 CroreRs 586 CroreRs 579 Crore
Rs 455 CroreInvesting ActivitiesRs -81 CroreRs -103 CroreRs 98 CroreRs -124 Crore
Rs -401 CroreFinancing ActivitiesRs -1,115 CroreRs -670 CroreRs -711 CroreRs -425 Crore
Rs -239 CroreOthersRs 0 CroreRs 0 CroreRs 0 CroreRs 0 Crore
Rs 0 CroreNet Cash FlowRs 2 CroreRs 2 CroreRs -26 CroreRs 29 Crore
Rs -184 Crore
Balance Sheet:
Mar 2025Mar 2024Mar 2023Mar 2022
Mar 2021Share CapitalRs 634 CroreRs 630 CroreRs 623 CroreRs 622 Crore
Rs 616 CroreReserves & SurplusRs 3,578 CroreRs 3,342 CroreRs 2,892 CroreRs 2,855 Crore
Rs 2,483 CroreCurrent LiabilitiesRs 264 CroreRs 227 CroreRs 189 CroreRs 178 Crore
Rs 182 CroreOther LiabilitiesRs 193 CroreRs 175 CroreRs 155 CroreRs 140 Crore
Rs 109 CroreTotal LiabilitiesRs 4,670 CroreRs 4,375 CroreRs 3,860 CroreRs 3,796 Crore
Rs 3,392 CroreFixed AssetsRs 871 CroreRs 332 CroreRs 307 CroreRs 296 Crore
Rs 302 CroreCurrent AssetsRs 3,701 CroreRs 3,932 CroreRs 3,416 CroreRs 3,378 Crore
Rs 2,977 CroreOther AssetsRs 97 CroreRs 110 CroreRs 136 CroreRs 121 Crore
Rs 112 CroreTotal AssetsRs 4,670 CroreRs 4,375 CroreRs 3,860 CroreRs 3,796 Crore
Rs 3,392 CroreContingent LiabilitiesRs 116 CroreRs 88 CroreRs 65 CroreRs 52 Crore
Rs 64 Crore
Key Financial Ratios:
RatioMar 2025Mar 2024Mar 2023Mar 2022
Mar 2021Basic EPS (Rs.)20.3417.7111.6112.00
11.04Diluted Eps (Rs.)20.0317.5311.5311.80
10.90Book Value /Share (Rs.)66.3863.0656.4155.91
50.29Dividend/Share (Rs.)18.0016.5011.5011.00
8.00Face Value10101010
10Gross Profit Margin (%)77.6284.4571.2378.04
86.12Operating Margin (%)76.2582.6869.0275.95
82.98Net Profit Margin (%)57.6367.3253.5556.89
63.96Return on Networth / Equity (%)30.5327.8720.5721.39
21.94ROCE (%)38.6032.7525.3727.43
27.46Return On Assets (%)27.5425.3018.7319.60
20.05Current Ratio (X)14.0217.3218.0118.93
16.32Quick Ratio (X)14.0217.3218.0118.93
16.32Debt to Equity (x)0.000.000.000.00
0.00Interest Coverage Ratios (X)256.92222.41242.19266.94
206.48Asset Turnover Ratio (%)0.490.400.350.35
0.32Inventory Turnover Ratio (X)0.000.000.000.00
0.003 Yr CAGR Sales (%)30.6624.385.93-6.00
-18.313 Yr CAGR Net Profit (%)31.5127.6031.8623.54
21.90P/E (x)28.4426.6018.0928.97
30.64P/B (x)8.717.463.726.23
6.72EV/EBITDA (x)21.0221.1513.3220.91
22.39P/S (x)16.4518.039.6916.58
19.63
Corporate ActionsNippon Life India Asset Management announced a final dividend of Rs 10 per share (100%) on April 28, 2025, with an effective date of July 4, 2025. The company also announced an interim dividend of Rs 8 per share (80%) on October 24, 2024, effective November 6, 2024.