Nippon Life AMC Q4 profit up 29%; declares ₹12.50 final dividend

Nippon Life AMC Q4 profit up 29%; declares ₹12.50 final dividend


Nippon Life India Asset Management (NAM India) reported a 29% year-on-year rise in net profit for the quarter ended March 31, supported by higher assets under management and steady growth in systematic inflows, according to an exchange filing on Monday (April 27).

The company’s mutual fund quarterly average assets under management (QAAUM) rose 30% YoY to ₹7.25 lakh crore, while total closing AUM increased 18% YoY to ₹7.73 lakh crore.

Equity mutual fund QAAUM stood at ₹3.30 lakh crore, up 25% YoY, and ETF QAAUM grew 57% YoY to ₹2.42 lakh crore.

Systematic investment flows continued to strengthen, with quarterly systematic inflows rising 12% YoY to ₹1.09 lakh crore. The annualised systematic book stood at about ₹4.47 lakh crore.
The company declared a final dividend of ₹12.50 per share for FY26. Including the interim dividend, the total payout for the year stands at ₹21.50 per share, translating into a payout ratio of around 91.5% of profit after tax.

The record date for eligibility of the final dividend has been fixed as June 26.

NAM India said its retail and institutional franchise continued to expand during the year. Retail assets under management rose 20% YoY to ₹1.96 lakh crore, while high networth individual (HNI) assets increased 45% YoY to ₹2.41 lakh crore. Corporate AUM grew 22% YoY to ₹2.77 lakh crore.

Assets from beyond the top 30 cities (B-30) increased 28% YoY to ₹1.43 lakh crore, accounting for 20.1% of total AUM. Digital transactions rose 44% YoY in the quarter to 50.4 lakh, with digital channels contributing 77% of new purchase transactions.

The company’s total income for Q4 FY26 stood at ₹705 crore, while operating profit was ₹493 crore. Profit after tax stood at ₹385 crore for the quarter.

Managing Director and CEO Sundeep Sikka said the company continued to gain market share across categories during FY26, supported by execution focus and growth in systematic flows.



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