Nippon Life India Asset Management Ltd. Share Price, Chart, Info, Stock Analysis

Nippon Life India Asset Management Ltd.
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400.15 +1.35 ▲0.3%

02 August 2021, 04:00:00 P.M.
Volume: 65,527

Overview View Details

Financial Indicators Consolidated Standalone
Sector	Finance	Compare with Sector peers
Industry	Finance - Asset Management	Compare with Industry peers
Website	http://www.mf.nipponindiaim.com
Market Cap	24,673.95 Cr.
Earnings per share (EPS)	11.40	Trailing Twelve Months Ending 2021-06
Price-Earning Ratio (PE)	34.97	Trailing Twelve Months Ending 2021-06
Industry PE	37.70	Trailing Twelve Months Ending 2021-06
Book Value / Share	51.60	Trailing Twelve Months Ending 2021-06
Price to Book Value	7.73	Calculated using Price: 398.80
Dividend Yield	2.01	Period Ending 2021-03
No. of Shares Subscribed	61.87 Cr.	618,704,845 Shares
FaceValue	10
Company Profile
Nippon Life India Asset Management Limited (NAM India) is the asset manager of Nippon India Mutual Fund (NIMF). The name of the company was changed from 'Reliance Nippon Life Asset Management Limited' to ‘Nippon Life India Asset Management Limited’ and a fresh certificate of incorporation was issued by the Registrar of Companies, Mumbai on January 13, 2020. Equity Shares of NAM India are listed on BSE Limited and National Stock Exchange of India Limited. Nippon Life India Asset Management Limited (NAM India) is a listed public limited company incorporated under the Companies Act, 1956 on February 24, 1995. Nippon Life Insurance Company (NLI) is a Japan’s leading private life insurer and offers a wide range of financial products, including individual and group life and annuity policies through various distribution channels, mainly using face-to-face sales channels for its traditional insurance products. It primarily operates in Japan, North America, Europe, Oceania and Asia. NLI conducts asset management operations in Asia, through its subsidiary Nissay Asset Management Corporation (Nissay), which manages assets globally. Business area of the company Nippon Life India Asset Management’s principal activity is to act as an investment manager to Nippon India Mutual Fund (Formerly Reliance Mutual Fund) (the Fund) and to provide Portfolio Management Services (PMS) and advisory services to clients under Securities and Exchange Board of India (SEBI) Regulations. The Company is registered with SEBI under the SEBI (Mutual Funds) Regulations, 1996. Products of the company Nippon India Any Time Money Card Nippon India Salary Addvantage Nippon India SIP Insure Nippon India Smart STeP Simply Save Awards ET BFSI Excellence Awards 2019 - Best Customer Engagement of the Year for Conversational Commerce. Featured as a global case study in the Google Cloud Summit as a prominent partner on its Conversational Commerce. BFSI Smart Tech Leadership Awards - Best Use of Emerging or Innovative Technology for Conversational Commerce. BFSI Smart Tech Leadership Awards - Outstanding use of AI & Robotics in Financial Services for Business Easy 2.0. Indian Digital Media Awards 2019 - Best Customer Engagement of the Year for Conversational Commerce. Kamikaze B2B Media - Best Payment technology initiative of the Year for Conversational Commerce. Major events and milestones 1995: Received the approval to act as the asset management company to the Reliance Mutual Fund, then known as Reliance Capital Mutual Fund. 1995: Reliance Growth Fund and Reliance Vision Fund schemes launched by the Reliance Mutual Fund, with the company acting as the asset management company. 2004: Commenced portfolio management services. 2004: Commenced offshore operations in Mauritius by setting up a wholly owned subsidiary, Reliance Asset Management (Mauritius) Limited. 2005: Commenced offshore operations in Singapore by setting up a wholly owned subsidiary, Reliance Asset Management (Singapore) Pte Limited. 2008: Executed a contract to provide discretionary portfolio management services to the Employees’ Provident Fund Organisation (acting through its Central Board of Trustees). 2012: Received the first tranche of investment from Nippon Life. 2014: The company’s subsidiary, Reliance AIF Management Company Limited, appointed as the ‘manager’ to the Reliance Capital AIF Trust. 2014: Reliance Japan Equity Fund, a Japan focused open-ended diversified equity scheme launched by Reliance Mutual Fund, with the company acting as the asset management company. 2015: Entered into an Investor Advisory Agreement with Samsung Asset Management (Hong Kong) Limited. 2015: Equity-oriented Retirement Fund launched by Reliance Mutual Fund, with the company acting as the asset management company. 2015: QAAUM (Reliance Mutual Fund) crossed Rs 1,500,000 million. 2016: Acquired the asset management rights of 12 schemes being managed by Goldman Sachs Asset Management (India) Private Limited. 2016: Launched the ‘Simply Save’ app and Instant Redemption facility. 2016: Executed a contract to provide discretionary portfolio management services to the Coal Mines Provident Fund Organization (acting through its Board of Trustees). 2016: The company’s subsidiary, Reliance AIF Management Company Limited, appointed as the ‘manager’ to the Reliance Event Opportunities Trust. 2017: QAAUM (Reliance Mutual Fund) crossed Rs 2,000,000 million. 2018: Focused approach on SIPs resulting in 2.5X growth enabling long term assets. 2019: Company inks Strategic Alliances to fortify its Digital Distribution 2019: Nippon Life Insurance (NLI), Japan’s leading private life insurer and its partner since 2012, became the principal shareholder in the company.

Nippon Life India Asset Management Ltd.

Nippon Life India Asset Management Limited (NAM India) is the asset manager of Nippon India Mutual Fund (NIMF). The name of the company was changed from 'Reliance Nippon Life Asset Management Limited' to ‘Nippon Life India Asset Management Limited’ and a fresh certificate of incorporation was issued by the Registrar of Companies, Mumbai on January 13, 2020. Equity Shares of NAM India are listed on BSE Limited and National Stock Exchange of India Limited. Nippon Life India Asset Management Limited (NAM India) is a listed public limited company incorporated under the Companies Act, 1956 on February 24, 1995.

Nippon Life Insurance Company (NLI) is a Japan’s leading private life insurer and offers a wide range of financial products, including individual and group life and annuity policies through various distribution channels, mainly using face-to-face sales channels for its traditional insurance products. It primarily operates in Japan, North America, Europe, Oceania and Asia. NLI conducts asset management operations in Asia, through its subsidiary Nissay Asset Management Corporation (Nissay), which manages assets globally.

Business area of the company

Nippon Life India Asset Management’s principal activity is to act as an investment manager to Nippon India Mutual Fund (Formerly Reliance Mutual Fund) (the Fund) and to provide Portfolio Management Services (PMS) and advisory services to clients under Securities and Exchange Board of India (SEBI) Regulations. The Company is registered with SEBI under the SEBI (Mutual Funds) Regulations, 1996.

Products of the company

Nippon India Any Time Money Card
Nippon India Salary Addvantage
Nippon India SIP Insure
Nippon India Smart STeP
Simply Save

Awards

ET BFSI Excellence Awards 2019 - Best Customer Engagement of the Year for Conversational Commerce.
Featured as a global case study in the Google Cloud Summit as a prominent partner on its Conversational Commerce.
BFSI Smart Tech Leadership Awards - Best Use of Emerging or Innovative Technology for Conversational Commerce.
BFSI Smart Tech Leadership Awards - Outstanding use of AI & Robotics in Financial Services for Business Easy 2.0.
Indian Digital Media Awards 2019 - Best Customer Engagement of the Year for Conversational Commerce.
Kamikaze B2B Media - Best Payment technology initiative of the Year for Conversational Commerce.

Major events and milestones

1995: Received the approval to act as the asset management company to the Reliance Mutual Fund, then known as Reliance Capital Mutual Fund.
1995: Reliance Growth Fund and Reliance Vision Fund schemes launched by the Reliance Mutual Fund, with the company acting as the asset management company.
2004: Commenced portfolio management services.
2004: Commenced offshore operations in Mauritius by setting up a wholly owned subsidiary, Reliance Asset Management (Mauritius) Limited.
2005: Commenced offshore operations in Singapore by setting up a wholly owned subsidiary, Reliance Asset Management (Singapore) Pte Limited.
2008: Executed a contract to provide discretionary portfolio management services to the Employees’ Provident Fund Organisation (acting through its Central Board of Trustees).
2012: Received the first tranche of investment from Nippon Life.
2014: The company’s subsidiary, Reliance AIF Management Company Limited, appointed as the ‘manager’ to the Reliance Capital AIF Trust.
2014: Reliance Japan Equity Fund, a Japan focused open-ended diversified equity scheme launched by Reliance Mutual Fund, with the company acting as the asset management company.
2015: Entered into an Investor Advisory Agreement with Samsung Asset Management (Hong Kong) Limited.
2015: Equity-oriented Retirement Fund launched by Reliance Mutual Fund, with the company acting as the asset management company.
2015: QAAUM (Reliance Mutual Fund) crossed Rs 1,500,000 million.
2016: Acquired the asset management rights of 12 schemes being managed by Goldman Sachs Asset Management (India) Private Limited.
2016: Launched the ‘Simply Save’ app and Instant Redemption facility.
2016: Executed a contract to provide discretionary portfolio management services to the Coal Mines Provident Fund Organization (acting through its Board of Trustees).
2016: The company’s subsidiary, Reliance AIF Management Company Limited, appointed as the ‘manager’ to the Reliance Event Opportunities Trust.
2017: QAAUM (Reliance Mutual Fund) crossed Rs 2,000,000 million.
2018: Focused approach on SIPs resulting in 2.5X growth enabling long term assets.
2019: Company inks Strategic Alliances to fortify its Digital Distribution
2019: Nippon Life Insurance (NLI), Japan’s leading private life insurer and its partner since 2012, became the principal shareholder in the company.

Delivery View Details

Delivered Qty

Traded Qty

Performance View Details

1 Day		+0.34%
1 Week		+0.72%
1 Month		+7.26%
3 Month		+17.21%
6 Month		+20.73%
1 Year		+50.32%
2 Year		+77.33%
5 Year

Ratios View Details

	9 years	2013-03	2014-03	2015-03	2016-03	2017-03	2018-03	2019-03	2020-03	2021-03
Return on Equity (%)		15.81	17.98	23.17	24.26	22.30	21.74	19.79	16.35	24.53
Return on Capital Employed (%)		20.12	21.90	30.02	31.39	31.73	31.04	28.38	21.90	30.96
Return on Assets (%)		14.03	15.80	19.82	21.34	20.25	19.17	17.72	14.70	21.66

Particulars	9 years	2013-03 Rs. Cr.	2014-03 Rs. Cr.	2015-03 Rs. Cr.	2016-03 Rs. Cr.	2017-03 Rs. Cr.	2018-03 Rs. Cr.	2019-03 Rs. Cr.	2020-03 Rs. Cr.	2021-03 Rs. Cr.
Shh. Funds		1,458	1,554	1,536	1,792	1,873	2,365	2,570	2,593	3,101
Non Curr. Liab.		-1	-9	-4	-1	8	19	40	35	54
Curr. Liab.		182	234	252	122	167	272	166	252	237
Minority Int.		4	4	9	9		65
Equity & Liab.		1,643	1,783	1,793	1,922	2,048	2,722	2,776	2,880	3,392
Non Curr. Assets		1,117	430	717	925	997	1,308	1,579	2,239	2,897
Curr. Assets		525	1,353	1,076	997	1,051	1,414	1,197	641	495
Misc. Exp. not W/O
Total Assets		1,643	1,783	1,793	1,922	2,048	2,722	2,776	2,880	3,392

Profit Loss View Details

Consolidated
Standalone

Particulars	9 years	2013-03 Rs. Cr.	2014-03 Rs. Cr.	2015-03 Rs. Cr.	2016-03 Rs. Cr.	2017-03 Rs. Cr.	2018-03 Rs. Cr.	2019-03 Rs. Cr.	2020-03 Rs. Cr.	2021-03 Rs. Cr.
Net Sales		609	676	847	1,200	1,308	1,592	1,479	1,203	1,062
Other Income		126	103	116	114	133	157	172	86	357
Total Income		735	779	963	1,314	1,440	1,749	1,651	1,289	1,419
Total Expenditure		-433	-435	-492	-787	-841	-1,082	-941	-690	-505
PBIDT		302	344	471	527	599	666	710	599	915
Interest							-2		-6	-4
Depreciation		-9	-14	-7	-4	-18	-9	-10	-33	-33
Taxation		-63	-59	-109	-126	-179	-198	-213	-144	-198
Exceptional Items
PAT		230	271	354	396	402	457	487	416	679

Cash Flow View Details

Consolidated
Standalone

Particulars	9 years	2013-03 Rs. Cr.	2014-03 Rs. Cr.	2015-03 Rs. Cr.	2016-03 Rs. Cr.	2017-03 Rs. Cr.	2018-03 Rs. Cr.	2019-03 Rs. Cr.	2020-03 Rs. Cr.	2021-03 Rs. Cr.
Cash Fr. Operatn.		48	177	-42	218	556	376	386	605	456
Cash Fr. Inv.		164	14	445	-28	-315	-260	-35	37	-402
Cash Fr. Finan.		-187	-189	-404	-174	-300	-92	-359	-468	-239
Net Change		25	3	-1	16	-59	24	-7	174	-185
Cash & Cash Eqvt		55	65	60	80	13	37	30	204	19

Shareholding Pattern View Details

	9 Qtrs	2019-06 (%)	2019-09 (%)	2019-12 (%)	2020-03 (%)	2020-06 (%)	2020-09 (%)	2020-12 (%)	2021-03 (%)	2021-06 (%)
Promoter		75.00	79.28	75.93	75.92	75.92	75.87	75.81	74.46	74.23
Public		25.00	20.72	24.07	24.08	24.08	24.13	24.19	25.54	25.77
Depository Receipts		0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Promoter Holding Pledge (%)		0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00

Announcements View Details

Fri, 30 Jul 2021
Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS
Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations 2015 we wish to inform you that the Allotment Committee has today approved the following allotments-

(1) 2 49 133 Equity Shares of Face Value Rs.10/- each under the "Reliance Nippon Life Asset Management Limited - Employee Stock Option Plan 2017 (RNAM ESOP 2017)"; and

(2) 1 52 751 Equity Shares of Face Value Rs.10/- each under the "Reliance Nippon Life Asset Management Limited - Employee Stock Option Plan 2019 (RNAM ESOP 2019)"

Consequently with effect from July 30 2021 the Issued Subscribed and Paid-Up Equity Share Capital of the Company stands increased to 61 91 06 729 Equity Shares of Face Value Rs.10/- each details are as attached.

The above 4 01 884 Equity Shares shall rank pari passu with the existing Equity Shares of the Company in all respects.

Please take the same on your record.

Tue, 20 Jul 2021
Update On Reliance Nippon Life Asset Management Limited - Employee Stock Option Plan 2019
We wish to inform you that the Nomination and Remuneration Committee (NRC) of the Board at its meeting held on 19th July 2021 has approved the grant of 54 30 538 number of stock options to the eligible employees of the Company. The focus of NRC this time has been to widen/ further broad base the coverage of its Employee Stock Option Plan to a larger employee base and accordingly as many as 203 number of total eligible employees have been granted stock options.

Mon, 19 Jul 2021
Outcome Of Board Meeting
We enclose herewith a Statement of Unaudited Financial Results (Consolidated and Standalone) for the quarter ended June 30 2021 alongwith Limited Review Report submitted by the Statutory Auditors of the Company.

The above financial results were approved by the Board of Directors at its meeting held on July 19 2021. The meeting of the Board of Directors of the Company commenced at 12:30 p.m. and concluded at 3.20 p.m.

We also enclose herewith the media release of the Company for your information.

We request you to inform your members accordingly.

Technical Scans View Details

Fri, 30 Jul 2021

Close Within 52 Week High Zone

S Close Above Last Month High

Thu, 29 Jul 2021