Nippon Life India Asset Management Limited has informed the Exchange about Transcript
NAM-INDIA · price
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Nippon Life India Asset Management reported its highest-ever annual profit after tax of INR 12.86 billion, up 16% year-on-year, with operating profit jumping 47% to INR 14.04 billion for FY25. Total assets under management reached INR 6.54 trillion, while mutual fund quarterly average AUM grew 29.2% YoY to INR 5.57 trillion, and SIP market share doubled to 10.16% over three years. The board declared a dividend of INR 18 per share (~91% of net profit payout), and management guided to 15% expense growth (excluding ESOPs) for FY26, with ESOP costs of INR 48-49 crore versus INR 43 crore in FY25. Management explicitly guided to a 2-3 basis points blended yield decline year-on-year going forward, citing faster ETF business growth and AUM mix shift. The company addressed a recent cyber-attack (notified April 10, 2025) which had minimal business impact, with all critical systems now restored.
Record profits, robust 29% AUM growth, and a 91% dividend payout signal strong momentum for shareholders, but the guided blended yield compression of 2-3 bps and rising ESOP costs point to moderate margin headwinds ahead.