Nippon Life India Asset Management Ltd: Share Price Analysis, Intrinsic Value & Fundamentals (2025)

Share Price and Basic Stock Data

Last Updated: March 12, 2025, 12:30 pm

Market Cap	32,845 Cr.
Current Price	517
High / Low	816/430
Stock P/E	24.7
Book Value	64.2
Dividend Yield	3.19 %
ROCE	36.2 %
ROE	29.5 %
Face Value	10.0
PEG Ratio	1.79

Stock P/E, Current Price, and Intrinsic Value Over Time

Stock P/E Current Price Intrinsic Value

View Share Price Target for Nippon Life India Asset Management Ltd

Competitors of Nippon Life India Asset Management Ltd

Stock Name ⇩	Market Cap ⇩	Current Price ⇩	High / Low ⇩	Stock P/E ⇩	Book Value ⇩	Dividend Yield ⇩	ROCE ⇩	ROE ⇩	Face Value ⇩
Aditya Birla Sun Life AMC Ltd	16,997 Cr.	589	912/450	18.7	113	2.30 %	34.9 %	27.4 %	5.00
UTI Asset Management Company Ltd	11,884 Cr.	929	1,408/802	14.7	339	2.56 %	22.6 %	18.6 %	10.0
Nippon Life India Asset Management Ltd	32,845 Cr.	517	816/430	24.7	64.2	3.19 %	36.2 %	29.5 %	10.0
HDFC Asset Management Company Ltd	81,201 Cr.	3,798	4,864/3,416	34.4	318	1.85 %	37.7 %	29.5 %	5.00
Industry Average	35,731.75 Cr	1,458.25		23.13	208.55	2.48%	32.85%	26.25%	7.50

All Competitor Stocks of Nippon Life India Asset Management Ltd

Quarterly Result

Metric	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024
Sales	339	338	316	332	354	348	354	397	423	468	505	571	588
Expenses	126	130	137	138	141	140	152	156	164	178	189	197	202
Operating Profit	212	208	179	194	213	209	202	241	259	291	316	374	386
OPM %	63%	62%	57%	58%	60%	60%	57%	61%	61%	62%	63%	66%	66%
Other Income	30	34	-17	82	62	40	117	78	107	92	131	121	15
Interest	1	1	1	1	1	1	1	2	2	2	2	2	2
Depreciation	6	7	7	7	8	8	8	7	7	7	7	7	8
Profit before tax	235	234	155	268	266	239	310	310	358	374	439	486	392
Tax %	26%	25%	26%	23%	23%	17%	24%	21%	21%	8%	24%	26%	25%
Net Profit	174	175	114	206	205	198	236	244	284	343	332	360	295
EPS in Rs	2.80	2.81	1.83	3.31	3.29	3.18	3.78	3.91	4.53	5.44	5.26	5.69	4.66

Last Updated: February 12, 2025, 5:38 pm

Below is a detailed analysis of the quarterly data for Nippon Life India Asset Management Ltd based on the most recent figures (Dec 2024) and their trends compared to the previous period:

For Sales, as of Dec 2024, the value is ₹588.00 Cr.. The value appears strong and on an upward trend. It has increased from 571.00 Cr. (Sep 2024) to ₹588.00 Cr., marking an increase of ₹17.00 Cr..
For Expenses, as of Dec 2024, the value is ₹202.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 197.00 Cr. (Sep 2024) to ₹202.00 Cr., marking an increase of ₹5.00 Cr..
For Operating Profit, as of Dec 2024, the value is ₹386.00 Cr.. The value appears strong and on an upward trend. It has increased from 374.00 Cr. (Sep 2024) to ₹386.00 Cr., marking an increase of ₹12.00 Cr..
For OPM %, as of Dec 2024, the value is 66.00%. The value remains steady. There is no change compared to the previous period (Sep 2024) which recorded 66.00%.
For Other Income, as of Dec 2024, the value is ₹15.00 Cr.. The value appears to be declining and may need further review. It has decreased from 121.00 Cr. (Sep 2024) to ₹15.00 Cr., marking a decrease of 106.00 Cr..
For Interest, as of Dec 2024, the value is ₹2.00 Cr.. The value remains steady. There is no change compared to the previous period (Sep 2024) which recorded 2.00 Cr..
For Depreciation, as of Dec 2024, the value is ₹8.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 7.00 Cr. (Sep 2024) to ₹8.00 Cr., marking an increase of ₹1.00 Cr..
For Profit before tax, as of Dec 2024, the value is ₹392.00 Cr.. The value appears to be declining and may need further review. It has decreased from 486.00 Cr. (Sep 2024) to ₹392.00 Cr., marking a decrease of 94.00 Cr..
For Tax %, as of Dec 2024, the value is 25.00%. The value appears to be improving (decreasing) as expected. It has decreased from 26.00% (Sep 2024) to 25.00%, marking a decrease of 1.00%.
For Net Profit, as of Dec 2024, the value is ₹295.00 Cr.. The value appears to be declining and may need further review. It has decreased from 360.00 Cr. (Sep 2024) to ₹295.00 Cr., marking a decrease of 65.00 Cr..
For EPS in Rs, as of Dec 2024, the value is 4.66. The value appears to be declining and may need further review. It has decreased from ₹5.69 (Sep 2024) to 4.66, marking a decrease of ₹1.03.

Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: February 12, 2025, 5:38 pm

Metric	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	TTM
Sales	733	774	951	1,311	1,435	1,735	1,647	1,192	1,419	1,533	1,512	2,036	2,132
Expenses	432	434	484	787	837	1,082	940	594	505	516	555	649	765
Operating Profit	301	340	468	524	598	653	707	598	914	1,017	957	1,386	1,367
OPM %	41%	44%	49%	40%	42%	38%	43%	50%	64%	66%	63%	68%	64%
Other Income	1	4	3	3	1	14	3	1	1	2	5	2	359
Interest	0	0	0	0	0	2	0	6	4	4	4	6	7
Depreciation	9	14	7	4	18	9	10	33	33	27	30	29	29
Profit before tax	293	330	464	522	581	656	700	560	877	989	928	1,352	1,691
Tax %	21%	18%	24%	24%	31%	30%	30%	26%	23%	25%	22%	18%
Net Profit	230	271	354	396	402	457	487	415	680	744	723	1,107	1,331
EPS in Rs	199.97	234.92	307.69	344.12	348.92	7.45	7.94	6.78	11.04	11.96	11.61	17.58	21.05
Dividend Payout %	68%	123%	40%	36%	0%	81%	76%	74%	72%	92%	99%	94%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2013-2014	2014-2015	2015-2016	2016-2017	2017-2018	2018-2019	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024
YoY Net Profit Growth (%)	17.83%	30.63%	11.86%	1.52%	13.68%	6.56%	-14.78%	63.86%	9.41%	-2.82%	53.11%
Change in YoY Net Profit Growth (%)	0.00%	12.80%	-18.76%	-10.35%	12.17%	-7.12%	-21.35%	78.64%	-54.44%	-12.23%	55.93%

Nippon Life India Asset Management Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2013-2014 to 2023-2024.

Growth

Compounded Sales Growth
10 Years:	10%
5 Years:	4%
3 Years:	13%
TTM:	40%

Compounded Profit Growth
10 Years:	15%
5 Years:	18%
3 Years:	18%
TTM:	38%

Stock Price CAGR
10 Years:	%
5 Years:	12%
3 Years:	19%
1 Year:	7%

Return on Equity
10 Years:	23%
5 Years:	23%
3 Years:	24%
Last Year:	30%

Last Updated: Unknown

Balance Sheet

Last Updated: November 14, 2024, 7:58 pm

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Sep 2024
Equity Capital	11	11	11	12	12	612	612	612	616	622	623	630	633
Reserves	1,446	1,543	1,495	1,750	1,831	1,753	1,958	1,981	2,484	2,857	2,892	3,352	3,434
Borrowings	0	0	30	30	30	0	0	0	0	0	0	0	0
Other Liabilities	103	155	166	139	179	357	206	288	291	318	345	393	464
Total Liabilities	1,561	1,709	1,702	1,931	2,051	2,722	2,776	2,881	3,392	3,797	3,861	4,375	4,531
Fixed Assets	20	14	7	12	251	258	256	324	301	296	305	331	336
CWIP	0	0	0	0	0	3	1	2	1	0	2	2	3
Investments	603	741	835	911	947	993	1,290	1,885	2,550	2,942	3,023	3,513	3,583
Other Assets	939	954	860	1,008	854	1,469	1,229	671	540	559	530	530	609
Total Assets	1,561	1,709	1,702	1,931	2,051	2,722	2,776	2,881	3,392	3,797	3,861	4,375	4,531

Below is a detailed analysis of the balance sheet data for Nippon Life India Asset Management Ltd based on the most recent figures (Sep 2024) and their trends compared to the previous period:

For Equity Capital, as of Sep 2024, the value is ₹633.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹630.00 Cr. (Mar 2024) to ₹633.00 Cr., marking an increase of 3.00 Cr..
For Reserves, as of Sep 2024, the value is ₹3,434.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹3,352.00 Cr. (Mar 2024) to ₹3,434.00 Cr., marking an increase of 82.00 Cr..
For Borrowings, as of Sep 2024, the value is ₹0.00 Cr.. The value remains steady. Additionally, since Reserves exceed Borrowings, this is considered a positive sign. There is no change compared to the previous period (Mar 2024) which recorded ₹0.00 Cr..
For Other Liabilities, as of Sep 2024, the value is ₹464.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from ₹393.00 Cr. (Mar 2024) to ₹464.00 Cr., marking an increase of 71.00 Cr..
For Total Liabilities, as of Sep 2024, the value is ₹4,531.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from ₹4,375.00 Cr. (Mar 2024) to ₹4,531.00 Cr., marking an increase of 156.00 Cr..
For Fixed Assets, as of Sep 2024, the value is ₹336.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹331.00 Cr. (Mar 2024) to ₹336.00 Cr., marking an increase of 5.00 Cr..
For CWIP, as of Sep 2024, the value is ₹3.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹2.00 Cr. (Mar 2024) to ₹3.00 Cr., marking an increase of 1.00 Cr..
For Investments, as of Sep 2024, the value is ₹3,583.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹3,513.00 Cr. (Mar 2024) to ₹3,583.00 Cr., marking an increase of 70.00 Cr..
For Other Assets, as of Sep 2024, the value is ₹609.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹530.00 Cr. (Mar 2024) to ₹609.00 Cr., marking an increase of 79.00 Cr..
For Total Assets, as of Sep 2024, the value is ₹4,531.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹4,375.00 Cr. (Mar 2024) to ₹4,531.00 Cr., marking an increase of 156.00 Cr..

Notably, the Reserves (₹3,434.00 Cr.) exceed the Borrowings (0.00 Cr.), indicating a solid financial buffer.

Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Cash from Operating Activity +	-42	218	556	376	386	605	456	580	587	777
Cash from Investing Activity +	441	-25	-316	-260	-35	37	-402	-125	98	-104
Cash from Financing Activity +	-404	-174	-300	-92	-359	-468	-239	-426	-712	-671
Net Cash Flow	-5	19	-61	24	-7	174	-185	29	-27	3

Free Cash Flow

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Free Cash Flow	301.00	340.00	438.00	494.00	568.00	653.00	707.00	598.00	914.00	1.00	957.00	1.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Debtor Days	8	5	7	17	11	8	23	18	12	18	23	23
Inventory Days
Days Payable
Cash Conversion Cycle	8	5	7	17	11	8	23	18	12	18	23	23
Working Capital Days	-3	284	127	115	124	-36	25	-25	-19	-5	-4	-8
ROCE %		22%	30%	31%	32%	31%	28%	22%	31%	30%	27%	36%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024
Promoters	73.80%	73.74%	73.68%	73.66%	73.66%	73.64%	73.47%	73.10%	72.86%	72.66%	72.49%	72.43%
FIIs	6.69%	6.52%	6.37%	5.77%	4.95%	4.84%	5.06%	5.54%	5.49%	6.56%	7.73%	8.28%
DIIs	8.83%	9.24%	9.12%	9.06%	9.41%	10.24%	14.57%	14.18%	14.40%	14.34%	13.47%	13.02%
Public	10.68%	10.50%	10.82%	11.52%	11.97%	11.28%	6.92%	7.18%	7.26%	6.43%	6.31%	6.26%
No. of Shareholders	1,69,218	1,73,120	1,76,519	1,84,285	1,88,722	1,89,077	1,71,968	1,80,854	1,86,166	1,79,749	1,90,944	2,02,322

Shareholding Pattern Chart

No. of Shareholders

Mutual Fund Holdings

Fund Name	No of Shares	AUM (%)	Amount Invested (Cr)	Previous Number of Shares	Previous Date	Percentage Change
HDFC Mid-Cap Opportunities Fund - Regular Plan	9,680,093	0.78	404.77	1,900,000	2025-03-11	409.48%
Tata Small Cap Fund	2,911,690	1.92	121.75	1,900,000	2025-03-11	53.25%
UTI Value Fund	1,900,000	1	79.45	1,900,000	2025-03-11	0%
SBI Banking & Financial Services Fund	1,832,790	1.72	76.64	1,900,000	2025-03-11	-3.54%
ICICI Prudential Multicap Fund	1,228,497	0.54	51.37	1,900,000	2025-03-11	-35.34%
HDFC Retirement Savings Fund - Equity - Regular Plan	1,221,570	1.27	51.08	1,900,000	2025-03-11	-35.71%
Mirae Asset Great Consumer Fund	1,200,000	1.73	50.18	1,900,000	2025-03-11	-36.84%
Tata Focused Equity Fund	1,077,046	3.05	45.04	1,900,000	2025-03-11	-43.31%
ICICI Prudential Business Cycle Fund	1,003,698	0.59	41.97	1,900,000	2025-03-11	-47.17%
UTI Aggressive Hybrid Fund	820,582	0.69	34.31	1,900,000	2025-03-11	-56.81%

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20
FaceValue	10.00	10.00	10.00	10.00	10.00
Basic EPS (Rs.)	17.71	11.61	12.00	11.04	6.78
Diluted EPS (Rs.)	17.53	11.53	11.80	10.90	6.69
Cash EPS (Rs.)	18.02	12.08	12.39	11.56	7.34
Book Value[Excl.RevalReserv]/Share (Rs.)	63.06	56.41	55.91	50.29	42.36
Book Value[Incl.RevalReserv]/Share (Rs.)	63.06	56.41	55.91	50.29	42.36
Revenue From Operations / Share (Rs.)	26.08	21.66	21.01	17.23	19.65
PBDIT / Share (Rs.)	22.03	15.43	16.39	14.84	9.78
PBIT / Share (Rs.)	21.57	14.95	15.96	14.30	9.24
PBT / Share (Rs.)	21.47	14.89	15.89	14.23	9.14
Net Profit / Share (Rs.)	17.56	11.60	11.95	11.02	6.79
NP After MI And SOA / Share (Rs.)	17.58	11.61	11.96	11.04	6.78
PBDIT Margin (%)	84.45	71.23	78.04	86.12	49.77
PBIT Margin (%)	82.68	69.02	75.95	82.98	47.00
PBT Margin (%)	82.30	68.73	75.66	82.57	46.53
Net Profit Margin (%)	67.32	53.55	56.89	63.96	34.56
NP After MI And SOA Margin (%)	67.38	53.58	56.95	64.05	34.51
Return on Networth / Equity (%)	27.87	20.57	21.39	21.94	16.01
Return on Capital Employeed (%)	32.75	25.37	27.43	27.46	21.14
Return On Assets (%)	25.30	18.73	19.60	20.05	14.41
Asset Turnover Ratio (%)	0.39	0.35	0.34	0.31	0.40
Current Ratio (X)	17.32	18.01	18.93	16.32	11.81
Quick Ratio (X)	17.32	18.01	18.93	16.32	11.81
Dividend Payout Ratio (NP) (%)	73.25	99.00	70.72	27.03	88.43
Dividend Payout Ratio (CP) (%)	71.37	95.08	68.22	25.77	81.87
Earning Retention Ratio (%)	26.75	1.00	29.28	72.97	11.57
Cash Earning Retention Ratio (%)	28.63	4.92	31.78	74.23	18.13
Interest Coverage Ratio (X)	222.41	242.19	266.94	206.48	105.60
Interest Coverage Ratio (Post Tax) (X)	178.28	183.10	195.60	154.36	74.33
Enterprise Value (Cr.)	29358.35	12807.81	21326.53	20483.26	14765.96
EV / Net Operating Revenue (X)	17.87	9.49	16.32	19.28	12.27
EV / EBITDA (X)	21.15	13.32	20.91	22.39	24.66
MarketCap / Net Operating Revenue (X)	18.03	9.69	16.58	19.62	12.66
Retention Ratios (%)	26.74	0.99	29.27	72.96	11.56
Price / BV (X)	7.46	3.72	6.23	6.72	5.87
Price / Net Operating Revenue (X)	18.03	9.69	16.58	19.63	12.66
EarningsYield	0.03	0.05	0.03	0.03	0.02

After reviewing the key financial ratios for Nippon Life India Asset Management Ltd, here is a detailed analysis based on the latest available data and recent trends:

For FaceValue, as of Mar 24, the value is 10.00. This value is within the healthy range. There is no change compared to the previous period (Mar 23) which recorded 10.00.
For Basic EPS (Rs.), as of Mar 24, the value is 17.71. This value is within the healthy range. It has increased from 11.61 (Mar 23) to 17.71, marking an increase of 6.10.
For Diluted EPS (Rs.), as of Mar 24, the value is 17.53. This value is within the healthy range. It has increased from 11.53 (Mar 23) to 17.53, marking an increase of 6.00.
For Cash EPS (Rs.), as of Mar 24, the value is 18.02. This value is within the healthy range. It has increased from 12.08 (Mar 23) to 18.02, marking an increase of 5.94.
For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 63.06. It has increased from 56.41 (Mar 23) to 63.06, marking an increase of 6.65.
For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 63.06. It has increased from 56.41 (Mar 23) to 63.06, marking an increase of 6.65.
For Revenue From Operations / Share (Rs.), as of Mar 24, the value is 26.08. It has increased from 21.66 (Mar 23) to 26.08, marking an increase of 4.42.
For PBDIT / Share (Rs.), as of Mar 24, the value is 22.03. This value is within the healthy range. It has increased from 15.43 (Mar 23) to 22.03, marking an increase of 6.60.
For PBIT / Share (Rs.), as of Mar 24, the value is 21.57. This value is within the healthy range. It has increased from 14.95 (Mar 23) to 21.57, marking an increase of 6.62.
For PBT / Share (Rs.), as of Mar 24, the value is 21.47. This value is within the healthy range. It has increased from 14.89 (Mar 23) to 21.47, marking an increase of 6.58.
For Net Profit / Share (Rs.), as of Mar 24, the value is 17.56. This value is within the healthy range. It has increased from 11.60 (Mar 23) to 17.56, marking an increase of 5.96.
For NP After MI And SOA / Share (Rs.), as of Mar 24, the value is 17.58. This value is within the healthy range. It has increased from 11.61 (Mar 23) to 17.58, marking an increase of 5.97.
For PBDIT Margin (%), as of Mar 24, the value is 84.45. This value is within the healthy range. It has increased from 71.23 (Mar 23) to 84.45, marking an increase of 13.22.
For PBIT Margin (%), as of Mar 24, the value is 82.68. This value exceeds the healthy maximum of 20. It has increased from 69.02 (Mar 23) to 82.68, marking an increase of 13.66.
For PBT Margin (%), as of Mar 24, the value is 82.30. This value is within the healthy range. It has increased from 68.73 (Mar 23) to 82.30, marking an increase of 13.57.
For Net Profit Margin (%), as of Mar 24, the value is 67.32. This value exceeds the healthy maximum of 10. It has increased from 53.55 (Mar 23) to 67.32, marking an increase of 13.77.
For NP After MI And SOA Margin (%), as of Mar 24, the value is 67.38. This value exceeds the healthy maximum of 20. It has increased from 53.58 (Mar 23) to 67.38, marking an increase of 13.80.
For Return on Networth / Equity (%), as of Mar 24, the value is 27.87. This value is within the healthy range. It has increased from 20.57 (Mar 23) to 27.87, marking an increase of 7.30.
For Return on Capital Employeed (%), as of Mar 24, the value is 32.75. This value is within the healthy range. It has increased from 25.37 (Mar 23) to 32.75, marking an increase of 7.38.
For Return On Assets (%), as of Mar 24, the value is 25.30. This value is within the healthy range. It has increased from 18.73 (Mar 23) to 25.30, marking an increase of 6.57.
For Asset Turnover Ratio (%), as of Mar 24, the value is 0.39. It has increased from 0.35 (Mar 23) to 0.39, marking an increase of 0.04.
For Current Ratio (X), as of Mar 24, the value is 17.32. This value exceeds the healthy maximum of 3. It has decreased from 18.01 (Mar 23) to 17.32, marking a decrease of 0.69.
For Quick Ratio (X), as of Mar 24, the value is 17.32. This value exceeds the healthy maximum of 2. It has decreased from 18.01 (Mar 23) to 17.32, marking a decrease of 0.69.
For Dividend Payout Ratio (NP) (%), as of Mar 24, the value is 73.25. This value exceeds the healthy maximum of 50. It has decreased from 99.00 (Mar 23) to 73.25, marking a decrease of 25.75.
For Dividend Payout Ratio (CP) (%), as of Mar 24, the value is 71.37. This value exceeds the healthy maximum of 50. It has decreased from 95.08 (Mar 23) to 71.37, marking a decrease of 23.71.
For Earning Retention Ratio (%), as of Mar 24, the value is 26.75. This value is below the healthy minimum of 40. It has increased from 1.00 (Mar 23) to 26.75, marking an increase of 25.75.
For Cash Earning Retention Ratio (%), as of Mar 24, the value is 28.63. This value is below the healthy minimum of 40. It has increased from 4.92 (Mar 23) to 28.63, marking an increase of 23.71.
For Interest Coverage Ratio (X), as of Mar 24, the value is 222.41. This value is within the healthy range. It has decreased from 242.19 (Mar 23) to 222.41, marking a decrease of 19.78.
For Interest Coverage Ratio (Post Tax) (X), as of Mar 24, the value is 178.28. This value is within the healthy range. It has decreased from 183.10 (Mar 23) to 178.28, marking a decrease of 4.82.
For Enterprise Value (Cr.), as of Mar 24, the value is 29,358.35. It has increased from 12,807.81 (Mar 23) to 29,358.35, marking an increase of 16,550.54.
For EV / Net Operating Revenue (X), as of Mar 24, the value is 17.87. This value exceeds the healthy maximum of 3. It has increased from 9.49 (Mar 23) to 17.87, marking an increase of 8.38.
For EV / EBITDA (X), as of Mar 24, the value is 21.15. This value exceeds the healthy maximum of 15. It has increased from 13.32 (Mar 23) to 21.15, marking an increase of 7.83.
For MarketCap / Net Operating Revenue (X), as of Mar 24, the value is 18.03. This value exceeds the healthy maximum of 3. It has increased from 9.69 (Mar 23) to 18.03, marking an increase of 8.34.
For Retention Ratios (%), as of Mar 24, the value is 26.74. This value is below the healthy minimum of 30. It has increased from 0.99 (Mar 23) to 26.74, marking an increase of 25.75.
For Price / BV (X), as of Mar 24, the value is 7.46. This value exceeds the healthy maximum of 3. It has increased from 3.72 (Mar 23) to 7.46, marking an increase of 3.74.
For Price / Net Operating Revenue (X), as of Mar 24, the value is 18.03. This value exceeds the healthy maximum of 3. It has increased from 9.69 (Mar 23) to 18.03, marking an increase of 8.34.
For EarningsYield, as of Mar 24, the value is 0.03. This value is below the healthy minimum of 5. It has decreased from 0.05 (Mar 23) to 0.03, marking a decrease of 0.02.

Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Nippon Life India Asset Management Ltd as of March 12, 2025 is: ₹386.17

Calculation basis:

Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of March 12, 2025, Nippon Life India Asset Management Ltd is Overvalued by 25.31% compared to the current share price 517.00

Intrinsic Value of Nippon Life India Asset Management Ltd as of March 12, 2025 is: 439.37

Calculation basis:

Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of March 12, 2025, Nippon Life India Asset Management Ltd is Overvalued by 15.02% compared to the current share price 517.00

Last 5 Year EPS CAGR: 13.78%

*Investments are subject to market risks

Strength and Weakness

Strength	Weakness
The stock has a high average ROCE of 26.67%, which is a positive sign. The company has higher reserves (2,213.54 cr) compared to borrowings (6.92 cr), indicating strong financial stability. The company has shown consistent growth in sales (190.00 cr) and profit (530.92 cr) over the years.	The stock has a high average Working Capital Days of 47.92, which may not be favorable. The stock has a high average Cash Conversion Cycle of 14.42, which may not be favorable.

Stock Analysis

Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Nippon Life India Asset Management Ltd:
1. Net Profit Margin: 67.32%
  - Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
2. ROCE: 32.75% (Industry Average ROCE: 32.85%)
  - ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
3. ROE%: 27.87% (Industry Average ROE: 26.25%)
  - ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
4. Interest Coverage Ratio (Post Tax): 178.28
  - Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
5. Quick Ratio: 17.32
  - Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
6. Stock P/E: 24.7 (Industry average Stock P/E: 23.13)
  - Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
7. Total Debt / Equity: 0
  - Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
Stock Rating:

About the Company - Qualitative Analysis

Nippon Life India Asset Management Ltd. is a Public Limited Listed company incorporated on 24/02/1995 and has its registered office in the State of Maharashtra, India. Company's Corporate Identification Number(CIN) is L65910MH1995PLC220793 and registration number is 220793. Currently Company is involved in the business activities of Management of mutual funds. Company's Total Operating Revenue is Rs. 1521.11 Cr. and Equity Capital is Rs. 630.00 Cr. for the Year ended 31/03/2024.

INDUSTRY	ADDRESS	CONTACT
Finance - Mutual Funds	4th Floor, Tower A, Mumbai Maharashtra 400013	investorrelation@nipponindiaim.com https://mf.nipponindiaim.com

Management
Name	Position Held
Mr. Upendra Kumar Sinha	Chairman & Ind.Director
Mr. Sundeep Sikka	Executive Director & CEO
Mr. Ashvin Parekh	Independent Director
Maj.Gen.(Retd.) Ved Prakash Malik	Independent Director
Ms. Ameeta Chatterjee	Independent Director
Mr. B Sriram	Independent Director
Mr. Tomohiro Yao	Non Exe. & Nominee Director
Mr. Hiroki Yamauchi	Non Exe. & Nominee Director
Mr. Minoru Kimura	Non Exe. & Nominee Director

FAQ

What is the latest intrinsic value of Nippon Life India Asset Management Ltd?

The latest intrinsic value of Nippon Life India Asset Management Ltd as on 12 March 2025 is 386.17, which is 25.31% lower than the current market price of 517.00, indicating the stock is overvalued by 25.31%. The intrinsic value of Nippon Life India Asset Management Ltd is calculated using PE ratio method. The stock has a market capitalization of ₹32,845 Cr. and recorded a high/low of ₹816/430 during the current fiscal year 2024-2025. As of Sep 2024, the company has reserves of ₹3,434 Cr and total liabilities of ₹4,531 Cr.

What is the Market Cap of Nippon Life India Asset Management Ltd?

The Market Cap of Nippon Life India Asset Management Ltd is 32,845 Cr..

What is the current Stock Price of Nippon Life India Asset Management Ltd as on 12 March 2025?

The current stock price of Nippon Life India Asset Management Ltd as on 12 March 2025 is ₹517.

What is the High / Low of Nippon Life India Asset Management Ltd stocks in FY 2024-2025?

In FY 2024-2025, the High / Low of Nippon Life India Asset Management Ltd stocks is ₹816/430.

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

The Stock P/E of Nippon Life India Asset Management Ltd is 24.7.

What is the Book Value of Nippon Life India Asset Management Ltd?

The Book Value of Nippon Life India Asset Management Ltd is 64.2.

What is the Dividend Yield of Nippon Life India Asset Management Ltd?

The Dividend Yield of Nippon Life India Asset Management Ltd is 3.19 %.

What is the ROCE of Nippon Life India Asset Management Ltd?

The ROCE of Nippon Life India Asset Management Ltd is 36.2 %.

What is the ROE of Nippon Life India Asset Management Ltd?

The ROE of Nippon Life India Asset Management Ltd is 29.5 %.

What is the Face Value of Nippon Life India Asset Management Ltd?

The Face Value of Nippon Life India Asset Management Ltd is 10.0.