Nippon Life India (NAM.INDIA) | Financial Analysis & Statements
Nippon Life India Asset Management Limited Large-cap Financial Services
TL;DR: Financial Overview - Revenue, Profits & Key Metrics
Latest Quarterly: Jun 2025Income Metrics
Revenue
6.1B
Gross Profit
4.7B
76.71%
Operating Income
3.8B
62.59%
Net Income
4.0B
65.30%
EPS (Diluted)
₹6.13
Balance Sheet Metrics
Total Assets
46.7B
Total Liabilities
4.6B
Shareholders Equity
42.1B
Debt to Equity
0.11
Cash Flow Metrics
Operating Cash Flow
1.6B
Free Cash Flow
978.4M
Revenue & Profitability Trend
Quarter Income Flow
Jun 30, 2025
Annual Income Flow
2025
Nippon Life India Income Statement From 2021 to 2025
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Revenue | 22.3B | 16.4B | 13.5B | 13.1B | 10.6B |
| Cost of Goods Sold | 4.2B | 3.7B | 3.1B | 2.9B | 2.6B |
| Gross Profit | 18.1B | 12.8B | 10.4B | 10.2B | 8.0B |
| Gross Margin % | 81.1% | 77.6% | 77.0% | 78.1% | 75.4% |
| Operating Expenses | |||||
| Research & Development | - | - | - | - | - |
| Selling, General & Administrative | 1.2B | 1.1B | 972.2M | 750.4M | 723.9M |
| Other Operating Expenses | 1.6B | 1.4B | 1.0B | 968.5M | 1.2B |
| Total Operating Expenses | 2.9B | 2.5B | 2.0B | 1.7B | 1.9B |
| Operating Income | 14.1B | 9.6B | 7.7B | 7.6B | 5.2B |
| Operating Margin % | 63.2% | 58.7% | 56.7% | 58.4% | 49.4% |
| Non-Operating Items | |||||
| Interest Income | 342.0M | 286.9M | 232.4M | 243.9M | 285.5M |
| Interest Expense | 67.4M | 62.4M | 39.7M | 38.2M | 44.3M |
| Other Non-Operating Income | - | - | - | - | - |
| Pre-tax Income | 16.9B | 13.5B | 9.3B | 9.9B | 8.8B |
| Income Tax | 4.1B | 2.5B | 2.0B | 2.5B | 2.0B |
| Effective Tax Rate % | 24.1% | 18.2% | 22.1% | 24.8% | 22.5% |
| Net Income | 12.9B | 11.1B | 7.2B | 7.4B | 6.8B |
| Net Margin % | 57.7% | 67.4% | 53.6% | 57.0% | 64.1% |
| Key Metrics | |||||
| EBITDA | 14.8B | 10.2B | 8.2B | 8.2B | 5.9B |
| EPS (Basic) | ₹20.34 | ₹17.71 | ₹11.61 | ₹12.00 | ₹11.04 |
| EPS (Diluted) | ₹20.03 | ₹17.53 | ₹11.53 | ₹11.80 | ₹10.90 |
| Basic Shares Outstanding | 632673208 | 622810020 | 622810020 | 620004419 | 616504767 |
| Diluted Shares Outstanding | 632673208 | 622810020 | 622810020 | 620004419 | 616504767 |
Income Statement Trend
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Nippon Life India Balance Sheet From 2021 to 2025
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Assets | |||||
| Current Assets | |||||
| Cash & Equivalents | 265.5M | 242.3M | 212.6M | 479.2M | 187.8M |
| Short-term Investments | 26.3B | 30.2B | 27.8B | 28.1B | 25.8B |
| Accounts Receivable | 694.9M | 1.3B | 968.8M | 753.7M | 458.6M |
| Inventory | - | - | - | - | - |
| Other Current Assets | - | - | - | - | - |
| Total Current Assets | 28.1B | 32.8B | 30.4B | 30.7B | 27.6B |
| Non-Current Assets | |||||
| Property, Plant & Equipment | 6.3B | 167.9M | 115.5M | 100.1M | 107.9M |
| Goodwill | 2.4B | 3.1B | 2.9B | 2.9B | 2.9B |
| Intangible Assets | 2.4B | 3.1B | 2.9B | 2.9B | 2.9B |
| Long-term Investments | - | - | - | - | - |
| Other Non-Current Assets | 62.9M | 28.8M | 1.2B | 15.8M | 6.6M |
| Total Non-Current Assets | 18.6B | 10.9B | 8.2B | 7.3B | 6.3B |
| Total Assets | 46.7B | 43.8B | 38.6B | 38.0B | 33.9B |
| Liabilities | |||||
| Current Liabilities | |||||
| Accounts Payable | 589.0M | 495.5M | 662.0M | 559.5M | 628.7M |
| Short-term Debt | 20.5M | 591.9M | 560.0M | 471.7M | 514.7M |
| Current Portion of Long-term Debt | - | - | - | - | - |
| Other Current Liabilities | - | - | 2.6M | 8.1M | 5.3M |
| Total Current Liabilities | 1.8B | 2.2B | 2.2B | 1.9B | 1.9B |
| Non-Current Liabilities | |||||
| Long-term Debt | 859.8M | 194.0M | - | - | - |
| Deferred Tax Liabilities | 1.2B | 893.9M | 708.4M | 781.7M | 395.5M |
| Other Non-Current Liabilities | 584.4M | 566.8M | 394.0M | 386.3M | 386.9M |
| Total Non-Current Liabilities | 2.8B | 1.7B | 1.2B | 1.3B | 1.0B |
| Total Liabilities | 4.6B | 3.9B | 3.5B | 3.2B | 2.9B |
| Equity | |||||
| Common Stock | 6.3B | 6.3B | 6.2B | 6.2B | 6.2B |
| Retained Earnings | 21.7B | 20.8B | 17.9B | 17.9B | 15.7B |
| Treasury Stock | - | - | - | - | - |
| Other Equity | - | - | - | - | - |
| Total Shareholders Equity | 42.1B | 39.8B | 35.2B | 34.8B | 31.0B |
| Key Metrics | |||||
| Total Debt | 880.3M | 785.9M | 560.0M | 471.7M | 514.7M |
| Working Capital | 26.3B | 30.6B | 28.2B | 28.8B | 25.7B |
Balance Sheet Composition
Nippon Life India Cash Flow Statement From 2021 to 2025
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Net Income | 16.9B | 13.5B | 9.3B | 9.9B | 8.8B |
| Depreciation & Amortization | - | - | - | - | - |
| Stock-Based Compensation | 426.3M | 74.9M | 213.4M | 373.6M | 403.7M |
| Working Capital Changes | 830.5M | 478.2M | -690.8M | -261.9M | 509.8M |
| Operating Cash Flow | 17.9B | 13.9B | 8.6B | 9.8B | 9.4B |
| Investing Activities | |||||
| Capital Expenditures | -5.4B | -106.7M | -126.1M | -67.7M | -196.2M |
| Acquisitions | - | - | - | - | - |
| Investment Purchases | -30.1B | -15.8B | -17.8B | -19.8B | -27.6B |
| Investment Sales | 34.4B | 14.6B | 18.6B | 18.4B | 23.4B |
| Investing Cash Flow | -1.2B | -1.3B | 666.4M | -1.5B | -4.4B |
| Financing Activities | |||||
| Share Repurchases | - | - | - | - | - |
| Dividends Paid | -12.0B | -8.1B | -7.2B | -5.3B | -3.1B |
| Debt Issuance | - | - | - | - | - |
| Debt Repayment | - | - | - | - | - |
| Financing Cash Flow | -10.9B | -6.4B | -6.9B | -4.0B | -2.1B |
| Free Cash Flow | 6.6B | 7.7B | 5.7B | 5.7B | 4.4B |
| Net Change in Cash | 5.9B | 6.1B | 2.4B | 4.3B | 2.9B |
Cash Flow Trend
Nippon Life India Key Financial Ratios
Valuation Ratios
P/E Ratio (TTM)
47.39
Forward P/E
37.30
Price to Book
15.38
Price to Sales
24.01
PEG Ratio
4.15
Profitability Ratios
Profit Margin
51.23%
Operating Margin
68.48%
Return on Equity
30.53%
Return on Assets
27.54%
Financial Health
Current Ratio
15.60
Debt to Equity
1.94
Beta
0.43
Per Share Data
EPS (TTM)
₹22.37
Book Value per Share
₹68.94
Revenue per Share
₹44.35
Peer Financial Comparison
| Company | Market Cap | P/E Ratio | P/B Ratio | ROE | Profit Margin | Debt/Equity |
|---|---|---|---|---|---|---|
| NAM.INDIA | 624.9B | 47.39 | 15.38 | 30.53% | 51.23% | 1.94 |
| Jio Financial | 1.6T | 103.21 | 1.18 | 1.21% | 57.77% | 16.29 |
| HDFC Asset | 1.2T | 40.79 | 12.57 | 32.93% | 61.83% | 0.00 |
| Bajaj Holdings | 1.2T | 13.15 | 1.70 | 8.97% | 735.32% | 0.02 |
| 360 One Wam | 422.4B | 35.66 | 4.50 | 12.37% | 27.83% | 161.98 |
| Tata Investment | 356.3B | 83.74 | 1.14 | 1.44% | 107.49% | 0.00 |
Financial data is updated regularly. All figures are in the company's reporting currency.



