NAM India Q1FY26 PAT Soars 19% YoY to ₹396 Crore, AUM at ₹7.44 Trillion

Mumbai, July 28, 2025 — Nippon Life India Asset Management Ltd (NSE: NAM-INDIA | BSE: 540767) reported a strong start to FY26 with its highest-ever quarterly profit, clocking a consolidated Profit After Tax (PAT) of ₹396.1 crore for the quarter ended June 30, 2025, up 19% YoY and 33% QoQ, driven by robust growth across mutual funds, ETFs, and digital platforms.

Key Financial Highlights (Consolidated)

• Revenue from Operations stood at ₹606.6 crore, up 20% YoY from ₹505.0 crore and up 7% QoQ from ₹566.5 crore.
• Core Operating Profit came in at ₹377.9 crore, rising 23% YoY from ₹308.0 crore and 7% QoQ from ₹354.8 crore.
• Other Income jumped to ₹146.0 crore, an increase of 12% YoY from ₹130.8 crore and a sharp 534% QoQ rise from ₹23.0 crore.
• Profit Before Tax (PBT) stood at ₹523.9 crore, up 19% YoY from ₹438.8 crore and 39% QoQ from ₹377.8 crore.
• Profit After Tax (PAT) came in at ₹396.1 crore, marking a 19% YoY growth from ₹332.3 crore and a 33% QoQ increase from ₹298.6 crore.
• Standalone PAT stood at ₹385.3 crore, up 22% YoY and 30% QoQ.

AUM Performance

Nippon Life India AM’s total AUM rose to ₹7.44 trillion, with Mutual Fund AUM at ₹6.39 trillion. The company continues to hold the 4th position among Indian AMCs and remains the largest non-bank sponsored and foreign-owned AMC.

• The Mutual Fund segment holds the largest share of AUM at ₹6,39,000 crore.
• Managed Accounts contribute ₹87,700 crore to the total AUM.
• The International business manages ₹16,600 crore in assets.
• The company’s presence in GIFT City accounts for ₹110 crore in AUM.
• Total QAAUM stood at ₹6,127 billion, registering a 27% YoY and 10% QoQ growth.
• ETF AUM reached ₹1,740 billion, up 34% YoY and 13% QoQ.
• Retail AUM was at ₹3.78 trillion.
• Contribution from B-30 cities stood at ₹1.26 trillion.

Segment-Wise Highlights

• Systematic Investment Plan (SIP): Q1FY26 flows stood at ₹9,770 crore (+30% YoY), with 9.9 million folios and ₹1.53 trillion in SIP AUM.
• ETF Leadership: Maintained top position across equity, debt, and commodity ETFs with a market share of 20% and 51% volume share.
• GIFT City AUM grew to ₹1.1 billion, reflecting strong Japanese investor interest through feeder funds and Nippon Life collaborations.

Digital Push & Reach

• Digital transactions hit a record 3.57 million in Q1, contributing 75% of new purchases and SIP registrations.
• On average, 41 digital purchases/SIPs occurred per minute.
• Retail outreach spans 100% of India’s districts and 97% of pincodes through 266 touchpoints and 1.16 lakh+ distributors.

Dividend & Earnings

• FY25 dividend payout was ₹18 per share, ~91% of standalone earnings.
• Total dividends paid over the last 11 years stood at ₹6,200 crore, reflecting a shareholder-friendly approach.

Strategic Focus

• Strong growth in Alternative Investments, with commitment rising to ₹8,100 crore in Jun-25 from ₹6,460 crore YoY.
• Targeting Gen Z through the InvestBae digital campaign, which aims to deepen engagement among first-time MF investors.
• ESG roadmap advancing with SEBI BRSR alignment and UN PRI commitments.

Management Commentary

“Our continued focus on retail expansion, digital innovation, and product diversification has enabled us to deliver record profitability and expand market share” said Sundeep Sikka, Executive Director & CEO.

About Nippon Life India Asset Management

Nippon Life India Asset Management Limited (NAM India) manages the assets of Nippon India Mutual Fund (NIMF). The company was earlier known as Reliance Nippon Life Asset Management Limited. It was renamed on January 13, 2020, following the issue of a fresh certificate of incorporation by the Registrar of Companies, Mumbai.

As of June 30, 2025, Nippon Life Insurance Company, the promoter of NAM India, holds a 72.25% stake in the company’s total issued and paid-up equity capital. NAM India’s equity shares are listed on both BSE and NSE.

REF:https://nsearchives.nseindia.com/corporate/RNLAM_28072025144627_SE_InvestorPresentation.pdf

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