Nippon Life India Asset Management Ltd

Nippon Life India Asset Management Ltd share price softened by 3.14% to Rs 970.0 after the company's net profit plunged by 35.57% to Rs 324.14 crore, while revenue from operations improved marginally 3.77% to Rs 795.75 crore in Q3FY26 over Q2FY26. The market capitalization of Asset Management Company industry group stocks on BSE stood at Rs 4.99 lakh crore, rising 7.57%. It has slipped by 5.78% over last one week and retreating 13.10% in last one month while the market capitalization of Nippon Life India Asset Management Ltd has eased by 8.51% and 12.72% in the same period respectively. Profit before tax (PBT) of Nippon Life India Asset Management Ltd stood at Rs 449.8 crore in Q3 FY26, slipping 1.25% year-on-year, and nosediving by 32.31% quarter-on-quarter. EBITDA came in at Rs 513 crore, expanding by 31.07% YoY and jumping 52.57% sequentially. Total expenses marginally dropped 0.10% to Rs 272.33 crore in Q3FY26 over Q3FY25. During the quarter, employee benefits expense was at Rs 138.83 crore, remaining flat YoY. For the TTM ended FY26, revenue from operations soared by 21.43% to Rs 2708.74 crore, while net profit rose by 18.85% to Rs 1528.13 crore, compared to previous TTM. EBITDA witnessed a strong improvement of 115354% to Rs 1563.58 crore, and PBT improved 16.39% to Rs 1971.96 crore compared to previous TTM. Nippon Life India Asset Management Ltd inched up 3.29% in last one year, significantly outperforming the benchmark BSE Sensex which has reduced by 13.37% during the same period.

Nippon Life India Asset Management Ltd share price declined by 3.61% to Rs 1001.45 after the company's net profit tumbled by 35.57% to Rs 324.14 crore, while revenue from operations improved marginally 3.77% to Rs 795.75 crore in Q3FY26 over Q2FY26. The market capitalization of Asset Management Company industry group stocks on BSE stood at Rs 4.99 lakh crore, gaining 7.57%. It has eased by 5.40% over last one week and declined by 11.78% in last one month while the market capitalization of Nippon Life India Asset Management Ltd has softened by 7.79% and 9.89% in the same period respectively. Profit before tax (PBT) of Nippon Life India Asset Management Ltd stood at Rs 449.8 crore in Q3 FY26, declining 1.25% year-on-year, and tanking 32.31% quarter-on-quarter. EBITDA came in at Rs 513 crore, jumping 31.07% YoY and rallying 52.57% sequentially. Total expenses slightly declined by 0.10% to Rs 272.33 crore in Q3FY26 over Q3FY25. During the quarter, employee benefits expense was at Rs 138.83 crore, remaining flat YoY. For the TTM ended FY26, revenue from operations witnessed a strong growth of 21.43% to Rs 2708.74 crore, while net profit rose by 18.85% to Rs 1528.13 crore, compared to previous TTM. EBITDA witnessed a strong improvement of 115354% to Rs 1563.58 crore, and PBT improved 16.39% to Rs 1971.96 crore compared to previous TTM. Nippon Life India Asset Management Ltd gained 3.51% in last one year, significantly outperforming the benchmark BSE Sensex which has slipped by 12.69% during the same period.

Nippon Life India Asset Management Limited disclosed a statement of deviation/variation in the utilization of funds raised from its Initial Public Offering of Rs 616.90 crore, with net proceeds of Rs 588.85 crore, on October 22, 2026, noting no deviations in the use of funds as of the quarter ended September 30, 2026, according to a filing with the BSE Limited and National Stock Exchange of India Limited.

Nippon Life India Asset Management Limited will hold a board meeting on Thursday, October 22, 2026, to consider and approve the unaudited financial results for the quarter and half year ended September 30, 2026, and to consider a potential interim dividend declaration. The trading window for designated, immediate relatives, and connected persons will be closed from October 1, 2026, to October 24, 2026, inclusive.

Nippon Life India Asset Management Limited will close its trading window for designated persons and connected persons from October 1, 2026, and it will reopen 48 hours after the declaration of the unaudited financial results for the quarter and half year ending September 30, 2026, in compliance with the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015.

Nippon Life India Asset Management Ltd announced a revised Environmental, Social, and Governance (ESG) score of ‘75.7’ from ‘77’ as assigned by SES ESG Research Private Limited, a SEBI registered ESG Rating Provider, and received by the company on September 27, 2026; the reduction in score is attributable to environmental and social parameters, and the report was independently prepared by SES ESG based on publicly available data, without direct engagement from the company, with the score published at https://www.sesesg.com/.

Nippon Life India Asset Management Limited’s Allotment Committee approved the allotment of 72,626 equity shares under the “Nippon Life India Asset Management Limited - Employee Stock Option Plan 2019,” 15,811 equity shares under the “Nippon Life India Asset Management Limited - Employee Stock Option Scheme 2023,” and 3,985 equity shares under the “Nippon Life India Asset Management Limited - Performance Linked Stock Unit Scheme 2023,” on September 21, 2026. Consequently, the company’s issued, subscribed, and paid-up equity share capital increased to 64,00,41,982 equity shares of face value Rs 10 each, totaling Rs 6,40,04,19,820.

Nippon Life India Asset Management Ltd announced that Niche Ninety Nine Capability and Certifications (OPC) Private Limited, a SEBI-registered ESG Rating Provider, has assigned an Environmental, Social, and Governance (ESG) rating of ‘69.16’ to the company, noting that the rating was prepared independently based on publicly available data and without direct engagement from the company; the rating agencies involved are solely Niche Ninety Nine Capability and Certifications (OPC) Private Limited, and the disclosure pertains to a single ESG rating instrument with a value of ‘69.16’, with no enhancements, assignments, or withdrawals reported concerning any instruments.

Nippon Life India Asset Management Limited’s Allotment Committee approved the allotment of 1,53,768 equity shares under the “Nippon Life India Asset Management Limited - Employee Stock Option Plan 2019,” 4,538 equity shares under the “Nippon Life India Asset Management Limited - Employee Stock Option Scheme 2023,” and 9,688 equity shares under the “Nippon Life India Asset Management Limited - Performance Linked Stock Unit Scheme 2023,” on September 15, 2026. Consequently, the company's issued, subscribed, and paid-up equity share capital increased to 63,99,49,560 equity shares of Rs 10 each, totaling Rs 639,94,95,600.

Nippon Life India Asset Management Limited’s Allotment Committee approved the allotment of 42,023 equity shares under the “Nippon Life India Asset Management Limited - Employee Stock Option Plan 2019,” 17,838 equity shares under the “Nippon Life India Asset Management Limited - Employee Stock Option Scheme 2023,” and 3,668 equity shares under the “Nippon Life India Asset Management Limited - Performance Linked Stock Unit Scheme 2023,” on August 21, 2026, increasing the company’s issued, subscribed, and paid-up equity share capital to 63,97,81,566 equity shares.