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Nippon Life Asset Management Q2FY27
23 Oct 2026, 12:32PM

  • NAM India's core operating profit hit a record β‚Ή523 crore (+25% YoY, +6% QoQ) on revenue of β‚Ή796 crore (+21% YoY). Reported PAT fell 6% YoY to β‚Ή324 crore, hit by a β‚Ή96.8 crore exceptional SEBI settlement (Yes Bank AT-1 case) and lower other income (β‚Ή23 crore vs β‚Ή170 crore in Q1) on MTM reversal.
  • MF QAAUM grew 20% YoY to β‚Ή7.87 lakh crore; market share rose 51bps YoY to 9.02% (flat QoQ), equity share up 27bps YoY to 7.40%. Blended yield slipped to ~37bps (38bps in Q1) on telescopic pricing.
  • Systematic flows at β‚Ή11,150 crore (+4% YoY), annualized book ~β‚Ή44,500 crore; equity net sales share eased to high single digits. ETF market share rose 135bps YoY to 21.12%.
  • Opex growth guidance of 18-20% maintained, with AIF-subsidiary hiring adding costs; interim dividend of β‚Ή9.5/share (Total AUM β‚Ή8.68 lakh crore).

Particulars (Rs Cr)

Q2FY27

Q2FY26

YoY

Q1FY27

QoQ

Revenue from operations

795.8

658.1

20.9

766.9

3.8

 

 

 

 

 

 

Other income

23.1

36.6

-36.8

170.2

-86.4

Total income

818.9

694.7

17.9

937.1

-12.6

Expenses:

 

 

 

 

 

Employee benefits expense

138.8

123.3

12.6

138.8

0.0

Finance costs

1.6

1.8

-8.9

1.6

4.5

Fees and commission expenses

22.0

19.8

11.3

20.3

8.3

Depriciation and amortization exp

12.4

8.8

40.7

12.0

3.8

Other expenses

194.2

85.5

127.1

99.9

94.3

 

 

 

 

 

 

Total Expenses

369.1

239.2

54.3

272.6

35.4

PBT

449.8

455.5

-1.3

664.5

-32.3

Total tax

125.7

111.3

12.9

161.4

-22.1

PAT

324.1

344.3

-5.8

503.1

-35.6

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