More about Nippon Life India Asset Management Limited
Fundamentals for Nippon Life India Asset Management Limited
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Fundamentals for Nippon Life India Asset Management Limited
Business Operations:
Sector: Financial ServicesIndustry: Asset Management
Nippon Life Asset Management Limited is a publicly owned investment manager. The firm launches and manages equity and fixed income mutual funds for its clients. It also manages exchange traded funds for its clients. The firm invests in the public equity, fixed income and commodity markets. Nippon Life Asset Management Limited was previously known as Reliance Nippon Life Asset Management Limited. Nippon Life Asset Management Limited was founded on February 24, 1995 and is based in Mumbai, India.
Revenue projections:
With NAM-INDIA's revenue forecasted to drop below last year's level, investors are expected to take a cautious stance. Such declines typically affect a company's bottom line, reducing profitability and making investors hesitant to invest heavily in the company until financial performance improves.
Financial Ratios:
| currentRatio | 4.20100 |
|---|---|
| forwardPE | 32.84791 |
| debtToEquity | 1.61700 |
| earningsGrowth | 0.27300 |
| revenueGrowth | 0.19600 |
| grossMargins | 0.82772 |
| operatingMargins | 0.65431 |
| trailingEps | 23.67000 |
| forwardEps | 33.14975 |
NAM-INDIA's current ratio of 4.201, indicating that the company can meet its short-term debt obligations with ease. This high liquidity level is a positive sign, as NAM-INDIA has enough cash and current assets to handle its immediate liabilities comfortably.
NAM-INDIA's positive earnings and revenue growth suggest that the company is poised for business expansion. This financial strength indicates that NAM-INDIA is expected to continue growing, with rising profits and sales contributing to its long-term success.
NAM-INDIA's positive gross and operating margins indicate a profitable and efficient business model. These metrics highlight the company's ability to generate income while controlling operational costs, reflecting strong financial performance.
Nippon Life India Asset Management Limited's forward EPS exceeding its trailing EPS means the company is expected to be more profitable this year than last. This suggests an upward trend in earnings, with forecasts indicating that Nippon Life India Asset Management Limited's financial performance will improve in the current financial year.
Price projections:
Over time, price projections for NAM-INDIA have risen steadily, pointing to growing optimism among analysts about the company's future. This upward trend suggests a positive outlook for NAM-INDIA's continued growth.
Recommendation changes over time:
Analysts have shown a buy bias for NAM-INDIA, signaling it as a strong investment choice. This positive outlook could motivate investors to allocate funds to NAM-INDIA, seeing it as a reliable and potentially profitable option, especially in an environment where the stock market is highly scrutinized.
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