Nippon Life India Asset Management Ltd.
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280.45 +8.55 ▲3.1%

27 May 2022, 04:01:00 PM
Volume: 35,101

Overview View Details

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Industry Finance - Asset Management Compare with Industry peers
Website http://www.mf.nipponindiaim.com
Market Cap 17,399.90 Cr.
Enterprise Value(EV) Cr. -
Financial Indicators
Earnings per share (EPS) 11.96 Trailing Twelve Months Ending 2022-03
Price-Earning Ratio (PE) 23.46 Trailing Twelve Months Ending 2022-03
Industry PE 23.05 Trailing Twelve Months Ending 2022-03
Book Value / Share 55.88 Trailing Twelve Months Ending 2022-03
Price to Book Value 5.02 Calculated using Price: 280.45
Dividend Yield 3.93 Period Ending 2021-03
No. of Shares Subscribed 62.24 Cr. 622,425,224 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.

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
+3.14%
1 Week
+4.59%
1 Month
-12.62%
3 Month
-9.36%
6 Month
-25.45%
1 Year
-19.35%
2 Year
+17.86%
5 Year
10 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

Balance Sheet View Details

Particulars 10 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. 2022-03* Rs. Cr.
Shh. Funds 1,458 1,554 1,536 1,792 1,873 2,365 2,570 2,593 3,101 3,479
Non Curr. Liab. -1 -9 -4 -1 8 19 40 35 54 201
Curr. Liab. 182 234 252 122 167 272 166 252 237 117
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 3,797
Non Curr. Assets 1,117 430 717 925 997 1,308 1,579 2,239 2,897 3,238
Curr. Assets 525 1,353 1,076 997 1,051 1,414 1,197 641 495 558
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 3,797

Profit Loss View Details

Particulars 10 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. 2022-03 Rs. Cr. TTM
Net Sales 609 676 847 1,200 1,308 1,592 1,479 1,203 1,062 1,307
Other Income 126 103 116 114 133 157 172 86 357 229
Total Income 735 779 963 1,314 1,440 1,749 1,651 1,289 1,419 1,536
Total Expenditure -433 -435 -492 -787 -841 -1,082 -941 -690 -505 -516
PBIDT 302 344 471 527 599 666 710 599 915 1,020
Interest -2 -6 -4 -4
Depreciation -9 -14 -7 -4 -18 -9 -10 -33 -33 -27
Taxation -63 -59 -109 -126 -179 -198 -213 -144 -198 -245
Exceptional Items
PAT 230 271 354 396 402 457 487 416 679 743
Minority Interest 0 0 0 0 -1 -1
Share Associate 0 0 -1 1 1
Other Related Items
Consolidated Net Profit 230 271 354 396 402 456 486 415 680 744
Adjusted EPS 204 240 315 344 349 7 8 7 11 12

Cash Flow View Details

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 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%) 2021-09 (%) 2021-12 (%) 2022-03 (%)
Promoter 75.92 75.92 75.87 75.81 74.46 74.23 73.97 73.82 73.80
Public 24.08 24.08 24.13 24.19 25.54 25.77 26.03 26.18 26.20
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

Mon, 23 May 2022
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Pursuant to the Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations 2015 please find below the particulars of group investor meetings to be held as attached.Kindly note that changes may happen due to exigencies on part of Company / investors / analysts.Request you to kindly take the same on record.
Wed, 18 May 2022
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) 3 26 072 Equity Shares of Face Value Rs.10/- each under the Nippon Life India Asset Management Limited - Employee Stock Option Plan 2017 (NAM INDIA ESOP 2017); and(2) 37 520 Equity Shares of Face Value Rs.10/- each under the "Nippon Life India Asset Management Limited - Employee Stock Option Plan 2019 (NAM INDIA ESOP 2019)"Consequently with effect from May 18 2022 the Issued Subscribed and Paid-Up Equity Share Capital of the Company stands increased to 62 24 25 224 Equity Shares of Face Value Rs.10/- each details are as attachedThe above 3 63 592 Equity Shares shall rank pari passu with the existing Equity Shares of the Company in all respects.Please take the same on your record.
Thu, 12 May 2022
Compliances-Reg.24(A)-Annual Secretarial Compliance
Secretarial Compliance Report of the Company for the Year ended March 31 2022 is enclosed for your information and records.You are requested to kindly take note of the above.

Technical Scans View Details

Fri, 27 May 2022
Higher Delivery Quantity Higher Delivery Quantity
Opening at Low Opening at Low
Closing Above Previous High Closing Above Previous High
Close Within 52 Week Low Zone Close Within 52 Week Low Zone
High Decrease 1 Month High Decrease 1 Month

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