Nippon Life India Asset Management Q1 result: Net profit rises 19% to ₹396 crore; revenue up 20%

Nippon Life India Asset Management (NAM India) on Monday, July 28, reported a 19% year-on-year (YoY) surge in its consolidated profit after tax (PAT) to ₹396.1 crore for the June quarter of FY26. In the corresponding period a year ago, its PAT stood at ₹332.3 crore.

During the quarter under review, the company’s revenue from operations increased by 20% to ₹606.6 crore, as against ₹505 crore in the first quarter of FY25, NAM India said in a filing to the exchange.

NAM India, the asset manager of Nippon India Mutual Fund (NIMF), had an asset base of ₹7.44 lakh crore as of June 30, 2025. NIMF's average assets under management (AUM) were at ₹6.13 lakh crore, an increase of 27% YoY.

While the corporate segment contributed 39% to its monthly average AUM, the HNI (high net worth individuals) and retail segments made up 34% and 27%, respectively.

Commenting on the results, Sundeep Sikka, ED & CEO, NAM India, said: "We witnessed double-digit equity net sales and SIP market share, with both remaining well above equity AUM market share. SIP flows remained robust and industry flows touched another all-time high in June 2025. We remain humbled to have the trust of 21.2 million unique investors, i.e., over 1 in every 3 mutual fund investors -- highest in the industry."

Its digital purchase transactions rose to 3.57 million in Q1FY26, compared to 2.82 million in the year-ago quarter. Furthermore, its digital channel contributed 75% to new purchase transactions in the quarter.

NAM India stock performance

Shares of NAM India closed 2.37% lower at ₹790.50 apiece on the National Stock Exchange (NSE) on Monday.

The stock lost 3.55% over the previous week and 0.75% since the beginning of July. However, the scrip gained 38.40% in the first quarter of FY26 and 9.25% on a year-to-date basis.

While it hit a 52-week high of ₹876.70 on July 17, 2025, it reached a year’s low of ₹498.05 per equity share on April 7, 2025.

The company has a total market capitalisation of ₹50,224.78 crore, as of July 28, 2025, as per data on the NSE.