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Highlights
- The presented financial data is Consolidated to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company experienced a substantial growth of 43.73 % in the past year, substantial increase in net sales/revenue by 13.14 %.
- Income over the Year and quarter: There has been either a marginal increase or a decline in other income over the past year which is 55.08 %. Marginal decrease of -7.66% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Nippon Life India Asset Management Limited. Notable increase of 47.33 % in net profit Year to Year, Nippon Life India Asset Management Limited’s profitability increased by 8.36 % in this quarter.
- EPS over the Year and quarter: EPS increased by 45.15 % Year to Year. EPS increased by 7.97 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 397.48 Cr | Rs. 504.96 Cr | Rs. 571.3 Cr | + 13.14 % | + 43.73 % |
Expenses | Rs. 156.09 Cr | Rs. 188.55 Cr | Rs. 196.94 Cr | + 4.45 % | + 26.17 % |
Operating Profit | Rs. 241.39 Cr | Rs. 316.41 Cr | Rs. 374.36 Cr | + 18.31 % | + 55.09 % |
OPM % | 60.73 % | 62.66 % | 65.53 % | + 2.87 % | + 4.8 % |
Other Income | Rs. 77.88 Cr | Rs. 130.8 Cr | Rs. 120.78 Cr | -7.66 % | + 55.08 % |
Interest | Rs. 1.69 Cr | Rs. 1.63 Cr | Rs. 1.66 Cr | + 1.84 % | -1.78 % |
Depreciation | Rs. 7.19 Cr | Rs. 6.83 Cr | Rs. 7.43 Cr | + 8.78 % | + 3.34 % |
Profit before tax | Rs. 310.39 Cr | Rs. 438.75 Cr | Rs. 486.05 Cr | + 10.78 % | + 56.59 % |
Tax % | 21.31 % | 24.29 % | 25.94 % | + 1.65 % | + 4.63 % |
Net Profit | Rs. 244.41 Cr | Rs. 332.33 Cr | Rs. 360.1 Cr | + 8.36 % | + 47.33 % |
EPS in Rs | Rs. 3.91 | Rs. 5.18 | Rs. 5.6 | + 8.11 % | + 43.22 % |
Today, we’re looking at Nippon Life India Asset Management Limited’s financial performance for the Q2(Sep 2024-25).Starting with the top line, the company reported a robust year-over-year sales growth of 43.73 %. However, it did see a marginal increase of 13.14 % from the previous quarter. Expenses ticked up slightly by 4.45 % quarter-on-quarter, aligning with the annual rise of 26.17 %. Operating profit, while up 55.09 % compared to last year, faced a quarter-on-quarter increase of 18.31 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 4.8 %, but an expansion of 2.87 % sequentially. Other income fell by -7.66 % compared to the last quarter, despite an annual growth of 55.08 %. Interest expenses surged remarkably by 1.84 % from the previous quarter, yet the year-over-year decrease remains at a moderate -1.78 %. Depreciation costs climbed by 8.78 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 3.34 %. Profit before tax grew annually by 56.59 % but saw an increase from the preceding quarter by 10.78 %.
Tax expenses as a percentage of profits increased slightly by 4.63 % compared to last year, with a more notable quarter-on-quarter increase of 1.65 %. Net profit rose by 47.33 % year-on-year but experienced a 8.36 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 43.22 % but a quarterly rise of 8.11 %. In summary, Nippon Life India Asset Management Limited’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 397.48 Cr | Rs. 504.96 Cr | Rs. 571.3 Cr | + 13.14 % | + 43.73 % |
Expenses | Rs. 156.09 Cr | Rs. 188.55 Cr | Rs. 196.94 Cr | + 4.45 % | + 26.17 % |
Operating Profit | Rs. 241.39 Cr | Rs. 316.41 Cr | Rs. 374.36 Cr | + 18.31 % | + 55.09 % |
Net Profit | Rs. 244.41 Cr | Rs. 332.33 Cr | Rs. 360.1 Cr | + 8.36 % | + 47.33 % |
EPS in Rs | Rs. 3.91 | Rs. 5.18 | Rs. 5.6 | + 8.11 % | + 43.22 % |
In reviewing Nippon Life India Asset Management Limited’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 43.73 % year-on-year growth, however, there was a minor increase of 13.14 % from the previous quarter. Expenses rose by 26.17 % compared to the previous year, with a 4.45 % increase quarter-on-quarter. Operating Profit surged by 55.09 % annually, and saw a 18.31 % increase from the last quarter.
Net Profit showed yearly increase of 47.33 %, and experienced a 8.36 % increase from the previous quarter. Earnings Per Share (EPS) rose by 43.22 % annually, however rose by 8.11 % compared to the last quarter. In essence, while Nippon Life India Asset Management Limited exhibits strong annual growth indicators, short-term improvements suggest the potential for recovery and the importance of strategic adjustments to counter market challenges effectively. That’s all for now in the financial sector.
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