Nippon Life India Asset Management Limited

BSE:540767 Stock Report

Market Cap: ₹477.5b

Nippon Life India Asset Management Management

Management criteria checks 2/4

Nippon Life India Asset Management's CEO is Sundeep Sikka, appointed in Jan 2009, has a tenure of 8.75 years. total yearly compensation is ₹549.00M, comprised of 14.9% salary and 85.1% bonuses, including company stock and options. directly owns 0.081% of the company’s shares, worth ₹384.54M. The average tenure of the management team and the board of directors is 3.2 years and 3.8 years respectively.

Key information

Sundeep Sikka

Chief executive officer

₹549.0m

Total compensation

CEO salary percentage14.9%
CEO tenure16yrs
CEO ownership0.08%
Management average tenure3.2yrs
Board average tenure3.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Sundeep Sikka's remuneration changed compared to Nippon Life India Asset Management's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

₹13b

Jun 30 2024n/an/a

₹12b

Mar 31 2024₹549m₹82m

₹11b

Dec 31 2023n/an/a

₹10b

Sep 30 2023n/an/a

₹9b

Jun 30 2023n/an/a

₹8b

Mar 31 2023₹80m₹80m

₹7b

Dec 31 2022n/an/a

₹7b

Sep 30 2022n/an/a

₹7b

Jun 30 2022n/an/a

₹7b

Mar 31 2022₹69m₹69m

₹7b

Dec 31 2021n/an/a

₹7b

Sep 30 2021n/an/a

₹8b

Jun 30 2021n/an/a

₹7b

Mar 31 2021₹419m₹55m

₹7b

Dec 31 2020n/an/a

₹5b

Sep 30 2020n/an/a

₹5b

Jun 30 2020n/an/a

₹4b

Mar 31 2020₹70m₹70m

₹4b

Dec 31 2019n/an/a

₹6b

Sep 30 2019n/an/a

₹5b

Jun 30 2019n/an/a

₹5b

Mar 31 2019₹106m₹106m

₹5b

Dec 31 2018n/an/a

₹5b

Sep 30 2018n/an/a

₹5b

Jun 30 2018n/an/a

₹5b

Mar 31 2018₹57m₹53m

₹5b

Compensation vs Market: Sundeep's total compensation ($USD6.40M) is above average for companies of similar size in the Indian market ($USD771.04K).

Compensation vs Earnings: Sundeep's compensation has increased by more than 20% in the past year.

CEO

Sundeep Sikka (51 yo)

16yrs

Tenure

₹549,000,000

Compensation

Mr. Sundeep Sikka, MBA, has been the Chief Executive Officer and Executive Nominee Director of Nippon Life India Asset Management Ltd. (formerly known as Reliance Nippon Life Asset Management Ltd.) (former...

Leadership Team

NamePositionTenureCompensationOwnership
Sundeep Sikka
CEO & Executive Nominee Director16yrs₹549.00m0.081%
₹ 384.5m
Parag Joglekar
Chief Financial Officerless than a yearno datano data
Milind Nesarikar
Chief Officer of Operations & Customer Service2yrsno datano data
Abhijit Shah
Chief Technology Officer4.3yrsno data0.0057%
₹ 27.3m
Arash Arethna
Lead of Investor Relationsno datano datano data
Muneesh Sud
Chief Legal & Compliance Officer14.3yrsno datano data
Kaiyomurz Daver
Chief Marketing Officerless than a yearno datano data
Rajesh Derhgawen
Chief of Human Resources Officerno datano data0.0099%
₹ 47.5m
Sunil Singhania
Chief Investment Officer of Equity Investmentsno datano datano data
Sailesh Bhan
Chief Investment Officer of Equity Investments2yrsno data0.055%
₹ 263.9m
Amit Tripathi
Chief Investment Officer of Fixed Income Investments21.3yrsno data0.011%
₹ 54.2m
Sanjiv Gudal
Head of Retail Business Development and Rural & Emerging Markets Groupno datano data0.0086%
₹ 41.1m

3.2yrs

Average Tenure

52yo

Average Age

Experienced Management: 540767's management team is considered experienced (3.2 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Sundeep Sikka
CEO & Executive Nominee Director8.8yrs₹549.00m0.081%
₹ 384.5m
Ved Malik
Non-Executive Independent Director8.8yrs₹5.00mno data
Balasubramanyam Sriram
Non-Executive Independent Director3.8yrs₹5.60mno data
Ameeta Chatterjee
Non-Executive Independent Director9.8yrs₹4.70mno data
Minoru Kimura
Non-Independent Non-Executive Director2.8yrsno datano data
Ashvin Parekh
Non-Executive Independent Director4.4yrs₹5.20mno data
Upendra Sinha
Independent Non-Executive Chairperson1.7yrs₹3.10mno data
Tomohiro Yao
Non-Independent Non-Executive Director2.8yrsno datano data
Hiroki Yamauchi
Non-Executive Non-Independent Director1.8yrsno datano data

3.8yrs

Average Tenure

57yo

Average Age

Experienced Board: 540767's board of directors are considered experienced (3.8 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/02 11:52
End of Day Share Price 2025/01/02 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Nippon Life India Asset Management Limited is covered by 37 analysts. 20 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null nullBatlivala & Karani Securities India Pvt. Ltd.
Swarnabha MukherjeeBatlivala & Karani Securities India Pvt. Ltd.
Mohit MangalCentrum Broking Limited