Key Financial Figures - Standalone (₹ crore)

Income: Revenue from operations: ₹720.72 (Q1 FY26: ₹563.54); Other income: ₹154.82 (Q1 FY26: ₹135.98); Total Income: ₹875.54 (Q1 FY26: ₹699.52)

Expenses: Total expenses: ₹231.24 (Q1 FY26: ₹189.20); Employee benefits: ₹119.58; Depreciation: ₹11.00; Other expenses: ₹97.31

Profitability: Profit before tax: ₹644.30 (Q1 FY26: ₹510.32); Tax expense: ₹157.88; Profit after tax: ₹486.42 (Q1 FY26: ₹385.29); Total comprehensive income: ₹485.47

Per Share Data: Basic EPS: ₹7.62; Diluted EPS: ₹7.48; Paid-up equity share capital: ₹639.30 crore

Key Financial Figures - Consolidated (₹ crore)

Income: Revenue from operations: ₹766.87; Other income: ₹170.21; Total Income: ₹937.08 (Q1 FY26: ₹752.61)

Expenses: Total expenses: ₹272.59; Employee benefits: ₹138.81; Depreciation: ₹11.96; Other expenses: ₹99.92

Profitability: Profit before tax: ₹664.49 (Q1 FY26: ₹523.89); Tax expense: ₹161.40; Profit after tax: ₹503.09; Share of profit in associate: ₹0.61; Net profit: ₹503.70 (Q1 FY26: ₹396.12); Total comprehensive income: ₹502.69

Per Share Data: Basic EPS: ₹7.89; Diluted EPS: ₹7.75; Paid-up equity share capital: ₹639.30 crore

Business Highlights from Media Release

AUM Growth: Closing AUM: ₹8.62 trillion (US$91.1 billion), up 16% YoY; MF QAAUM: ₹7.52 trillion (US$79.4 billion), up 23% YoY; Market share: 9.04%, up 54 bps YoY

Segment Performance: Equity MF QAAUM: ₹3.51 trillion, up 22% YoY; ETF QAAUM: ₹2.43 trillion, up 40% YoY; Retail MAAUM: ₹2.18 trillion, up 16% YoY; HNI MAAUM: ₹2.53 trillion, up 33% YoY; Corporate AUM: ₹2.90 trillion, up 11% YoY; B-30 AUM: ₹1.56 trillion, up 24% YoY

Operational Metrics: Systematic flows: ₹110.3 billion, up 13% YoY; AIF commitments: ₹95.8 billion, up 18% YoY; Locations: 271; Digital transactions: 4.49 million, up 26% YoY; Digital channel contribution: 78% of new purchases

Financial Performance: Total Income: ₹9.37 billion (US$99 million), up 25% YoY; Operating Profit: ₹4.94 billion (US$52 million), up 31% YoY; Profit after Tax: ₹5.04 billion (US$53 million), up 27% YoY

Regulatory and Corporate Matters

SEBI Show Cause Notice: Received during FY 2024-25 alleging non-compliance with SEBI guidelines regarding investments by Nippon India Mutual Fund schemes. Management believes company complied with relevant guidelines and has filed for settlement proceedings. No provisions made in financial results pending final outcome.

ESOP Grants: Nomination and Remuneration Committee approved on April 28, 2025: 15,96,475 stock options at exercise price of ₹898.04 per share under ESOP-2023; 3,87,448 stock options at exercise price of ₹10 per share under PSU-2023; Total non-cash employee benefits expense: ₹5.94 crore (standalone), ₹6.64 crore (consolidated) for the quarter

Share Allotment: Allotted 11,79,901 equity shares of ₹10 each during quarter pursuant to exercise of stock options

Dividend: Final dividend of ₹12.50 per equity share for FY 2025-26 approved by shareholders in AGM on July 8, 2026 and paid on July 10, 2026

IPO Proceeds Utilization

Total IPO proceeds: ₹588.85 crore (net of expenses). Utilization: New branches/relocation: ₹38.31 crore; IT system upgrade: ₹40.65 crore; Advertising/marketing: ₹72.09 crore; Lending to subsidiary: ₹125.00 crore; Investment in mutual fund schemes: ₹100.00 crore; Inorganic growth: ₹165.00 crore; General corporate purpose: ₹47.80 crore

Segment Information

Company primarily engaged in asset management services for Nippon India Mutual Fund schemes, GIFT city funds, portfolio management services, and advisory services. No separate reportable segments as per Ind AS 108.

Subsidiaries and Associates

Consolidated entities: Nippon Life India AIF Management Company Limited (wholly owned subsidiary); Nippon Life India Asset Management (Singapore) Pte. Limited (wholly owned subsidiary); Reliance Capital Pension Fund Limited (associate)

Subsidiary financials: Total revenue: ₹22.09 crore; Net profit after tax: ₹1.65 crore; Total comprehensive income: ₹1.65 crore

Associate financials: Group's share of net profit: ₹0.61 crore; Group's share of total comprehensive income: ₹0.61 crore

Auditor Review

Financial results reviewed by S.R. Batliboi & Co. LLP, Chartered Accountants. Review conducted in accordance with SRE 2410. Review report highlights uncertainty regarding SEBI show cause notice but conclusion not modified.