1. Is Nippon Life India Asset Management Ltd a good quality company?
Past 10 year's financial track record analysis by Moneyworks4me indicates that Nippon Life India Asset Management Ltd is a good quality company.
2. Is Nippon Life India Asset Management Ltd undervalued or overvalued?
The key valuation ratios of Nippon Life India Asset Management Ltd's currently when compared to its past seem to suggest it is in the Fair zone.
3. Is Nippon Life India Asset Management Ltd a good buy now?
The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Nippon Life India Asset Management Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.
Value Creation ⓘ
Value Creation Index Colour Code Guide ⓘ
|ROCE % ⓘ||16%||18.3%||22.9%||23.9%||21.7%||21.3%||19.4%||18.6%||24%||22.7%||-|
|Value Creation Index ⓘ||0.4||0.6||1.0||1.1||0.9||0.6||0.4||0.7||1.1||NA||-|
Growth Parameters ⓘ
Growth Parameters Colour Code Guide ⓘ
|YoY Gr. Rt. %||-||11%||25.4%||41.7%||9%||21.7%||-7.1%||-18.6%||-11.7%||23%||-|
|Adj EPS ⓘ||206.9||244.9||315.6||346.5||346.5||7.5||7.9||7.8||11||12||10.9|
|YoY Gr. Rt. %||-||18.4%||28.9%||9.8%||-0%||-97.9%||6.4%||-2.1%||42.1%||8.3%||-|
|BVPS (₹) ⓘ||1,293.3||1,379||1,336.3||1,529.4||1,599.5||38.6||41.8||41.3||48.8||54.1||55.9|
|Adj Net Profit ⓘ||233||276||356||399||399||456||486||475||681||744||677|
|Cash Flow from Ops. ⓘ||48||177||-42.1||218||556||376||386||605||456||580||-|
|Debt/CF from Ops. ⓘ||0||0||0||0||0||0||0||0||0||0||-|
CAGR Colour Code Guide ⓘ
|9 Years||5 Years||3 Years||1 Years|
|Adj EPS ⓘ||-27.2%||-49%||14.6%||8.3%|
Key Financial Parameters ⓘ
Performance Ratio Colour Code Guide ⓘ
|Return on Equity % ⓘ||16||18.3||23||24||21.8||21.5||19.7||18.4||23.9||22.6||19.8|
|Op. Profit Mgn % ⓘ||29.6||36.8||42.1||34.7||35.7||32.1||36.4||49.8||52.5||60.5||60|
|Net Profit Mgn % ⓘ||38.3||40.8||42||33.3||30.5||28.8||32.9||39.6||64||56.9||51.3|
|Debt to Equity ⓘ||0||0||0||0||0||0||0||0||0||0||-|
|Working Cap Days ⓘ||0||520||399||275||242||191||191||135||66||56||0|
|Cash Conv. Cycle ⓘ||0||-77||-99||-40||-44||-54||-32||-22||-39||-35||0|
Net Profit is growing at healthy rate in last 3 years 14.63%
Sales growth is good in last 4 quarters at 17.35%
Return on Equity has declined versus last 3 years average to 19.80%
Sales growth has been subdued in last 3 years -4.04%
|TTM EPS (₹)||10.6||10.9|
|TTM Sales (₹ Cr.)||1,228||1,320|
|BVPS (₹.) ⓘ||54.3||55.9|
|Reserves (₹ Cr.) ⓘ||2,756||2,859|
|From the Market|
|52 Week Low / High (₹)||259.30 / 476.50|
|All Time Low / High (₹)||120.20 / 476.50|
|Market Cap (₹ Cr.)||18,966|
|Equity (₹ Cr.)||622.5|
|Face Value (₹)||10|
|Industry PE ⓘ||27.5|
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
Major events and milestones