Capital Markets
Valuation | |
|---|---|
| Market Cap | 23.48 kCr |
| Price/Earnings (Trailing) | 23.1 |
| Price/Sales (Trailing) | 11 |
| EV/EBITDA | 16.75 |
| Price/Free Cashflow | 36.77 |
| MarketCap/EBT | 17.38 |
| Enterprise Value | 23.43 kCr |
Fundamentals | |
|---|---|
Growth & Returns | |
|---|---|
| Price Change 1W | 7% |
| Price Change 1M | -4.8% |
| Price Change 6M | -4.2% |
| Price Change 1Y | 15.7% |
| 3Y Cumulative Return | 26.2% |
Cash Flow & Liquidity | |
|---|---|
| Cash Flow from Investing (TTM) | -304.98 Cr |
| Cash Flow from Operations (TTM) |
| Revenue (TTM) |
| 2.13 kCr |
| Rev. Growth (Yr) | 16.3% |
| Earnings (TTM) | 1.02 kCr |
| Earnings Growth (Yr) | 20.1% |
Profitability | |
|---|---|
| Operating Margin | 63% |
| EBT Margin | 63% |
| Return on Equity | 28.51% |
| Return on Assets | 25.69% |
| Free Cashflow Yield | 2.72% |
| Cash Flow from Financing (TTM) | -398.92 Cr |
| Cash & Equivalents | 48.23 Cr |
| Free Cash Flow (TTM) | 677.2 Cr |
| Free Cash Flow/Share (TTM) | 23.47 |
Balance Sheet | |
|---|---|
| Total Assets | 3.95 kCr |
| Total Liabilities | 390.69 Cr |
| Shareholder Equity | 3.56 kCr |
| Net PPE | 35.85 Cr |
| Inventory | 0.00 |
| Goodwill | 0.00 |
Capital Structure & Leverage | |
|---|---|
| Debt Ratio | 0.00 |
| Debt/Equity | 0.00 |
| Interest Coverage | 273.64 |
| Interest/Cashflow Ops | 129.12 |
Dividend & Shareholder Returns | |
|---|---|
| Dividend/Share (TTM) | 24 |
| Dividend Yield | 2.95% |
| Shares Dilution (1Y) | 0.10% |
| Shares Dilution (3Y) | 0.30% |
Profitability: Very strong Profitability. One year profit margin are 48%.
Buy Backs: Company has bought back it's stock in the past which is a good thing.
Dividend: Dividend paying stock. Dividend yield of 2.95%.
Growth: Good revenue growth. With 55.7% growth over past three years, the company is going strong.
Size: Market Cap wise it is among the top 20% companies of india.
Past Returns: Outperforming stock! In past three years, the stock has provided 26.2% return compared to 13.2% by NIFTY 50.
Smart Money: Smart money is taking extra interest in the stock as they increase their holdings.
Balance Sheet: Strong Balance Sheet.
No major cons observed.
Profitability: Very strong Profitability. One year profit margin are 48%.
Buy Backs: Company has bought back it's stock in the past which is a good thing.
Dividend: Dividend paying stock. Dividend yield of 2.95%.
Growth: Good revenue growth. With 55.7% growth over past three years, the company is going strong.
Size: Market Cap wise it is among the top 20% companies of india.
Past Returns: Outperforming stock! In past three years, the stock has provided 26.2% return compared to 13.2% by NIFTY 50.
Smart Money: Smart money is taking extra interest in the stock as they increase their holdings.
Balance Sheet: Strong Balance Sheet.
No major cons observed.
Investor Care | |
|---|---|
| Dividend Yield | 2.95% |
| Dividend/Share (TTM) | 24 |
| Shares Dilution (1Y) | 0.10% |
| Earnings/Share (TTM) | 35.2 |
Financial Health | |
|---|---|
| Debt/Equity | 0.00 |
Technical Indicators | |
|---|---|
| RSI (14d) | 44.35 |
| RSI (5d) | 83.16 |
| RSI (21d) | 42.53 |
| MACD Signal | Buy |
| Stochastic Oscillator Signal | Hold |
| SharesGuru Signal | Buy |
| RSI Signal | Hold |
| RSI5 Signal | Sell |
| RSI21 Signal | Hold |
| SMA 5 Signal | Buy |
| SMA 10 Signal | Buy |
| SMA 20 Signal | Buy |
| SMA 50 Signal | Buy |
| SMA 100 Signal | Buy |
Summary of Aditya Birla Sun Life AMC's latest earnings call, featuring management's outlook on business performance, financial results, and analyst Q&A sessions that highlight key strategic initiatives and market challenges.
The management, led by A. Balasubramanian, provided a positive outlook during the earnings conference call for the quarter and nine months ended December 31, 2025. The global economic growth is stabilizing at approximately 3.2%, with India's real GDP projected to grow by 7.4% for FY26 and inflation moderating to 2.2%. For FY27, nominal GDP growth is anticipated at 9.75%. The management expects inflation to normalize around 3.75%, allowing room for growth-supportive monetary policy.
Major forward-looking points include:
The management also emphasized their commitment to improving sales and engaging effectively with distribution channels to enhance market share and drive growth in the coming quarters.
Understand Aditya Birla Sun Life AMC ownership landscape with insights into key distribution patterns, offering investors a clear view of stakeholder dynamics.
| Shareholder Name | Holding % |
|---|---|
| ADITYA BIRLA CAPITAL LIMITED | 44.89% |
| SUN LIFE (INDIA) AMC INVESTMENTS INC | 29.93% |
| NIPPON LIFE INDIA TRUSTEE LTD-(various schemes) | 3.24% |
| GOVERNMENT PENSION FUND GLOBAL | 2.42% |
Detailed comparison of Aditya Birla Sun Life AMC against industry peers, highlighting key financial metrics, valuation ratios, and performance indicators to provide competitive context within the sector.
Ticker | Name | Mkt Cap | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
|---|---|---|---|---|---|---|---|---|---|
| HDFCAMC | HDFC Asset Management Co. | 1.16 LCr | 4.58 kCr | +3.60% | +38.30% | 40.49 | 25.41 | - | - |
| NAM-INDIA | NIPPON LIFE INDIA ASSET MANAGEMENT | 58.6 kCr |
Comprehensive comparison against sector averages
ABSLAMC metrics compared to Capital
| Category | ABSLAMC | Capital |
|---|---|---|
| PE | 23.10 | 32.73 |
| PS | 11.00 | 10.61 |
| Growth | 10.9 % | 4.2 % |
Aditya Birla Sun Life AMC is a prominent Asset Management Company, identified by the stock ticker ABSLAMC, with a market capitalization of Rs. 18,528.2 Crores. This privately owned investment manager caters to both individual clients, including high net worth individuals, and institutional clients.
The firm specializes in managing separate equity and fixed income portfolios and is also involved in the launches and management of various mutual funds, including equity, fixed income, and balanced mutual funds, as well as hedge funds. Its investment strategy encompasses global public equity and fixed income markets, employing fundamental analysis as its core approach. Additionally, Aditya Birla Sun Life AMC engages in real estate investments.
Founded in 1994, the company is headquartered in Mumbai, India, with another office in Ahmedabad, India. Previously, it was known as Birla Sun Life Asset Management Company Limited.
Financially, Aditya Birla Sun Life AMC reported a trailing 12 months revenue of Rs. 1,985.8 Crores. The firm distributes dividends to its investors, with a dividend yield of 2.87% per year, having returned Rs. 18.75 as dividend per share in the last 12 months. Over the past three years, the company has experienced a 0.2% dilution in shareholder stakes, and it remains profitable, boasting a profit of Rs. 930.6 Crores in the last four quarters. Notably, the company has seen a 41% revenue growth over the past three years.
This is an informational page just to provide a quick 'first look' at the stock. You must do your own deeper research. Know your risk appetite. Consult a SEBI-registered financial advisor before making any investment decisions.
ABSLAMC vs Capital (2022 - 2026)
Question: "What explains the increase in employee benefit expenses?" Answer: Employee benefit expenses rose year-on-year mainly due to two reasons: Rs.2.82 crores from gratuity costs associated with the new labor code and Rs.4.66 crores due to ESOP costs for select employees from our parent company. The gratuity is a one-time cost, while ESOP costs will continue for the next three quarters.
Question: "Can you share segment-wise yields?" Answer: Our equity yields are around 64-65 basis points, debt yields are approximately 24 basis points, and liquid yields stand at about 13 basis points.
Question: "What are the revenue numbers for PMS and AIF in Q3?" Answer: The alternate revenue for Q3 FY26 was around Rs.34 crores, which constitutes about 4.5% of our total revenue.
Question: "What are your thoughts on the trends in yields going forward?" Answer: I believe that the impact of the circular will be minimal, and while we anticipate some marginal reductions, we are focused on growing fund size, which should lead to improved revenue without significant yield declines.
Question: "When will we be able to launch the SIF?" Answer: We have already filed for SIF approval and expect it soon. If all goes well, we plan to launch in February, coinciding with the upcoming budget announcement.
Question: "What steps are you taking to regain market share despite improved fund performance?" Answer: We've observed stabilization in our market share loss, and recent performance improvements are beginning to reflect in the three-year metrics. We're also enhancing engagement with distributors and focusing on our top-performing funds to drive flows.
Question: "What are your current employee and SIP AUM numbers?" Answer: Currently, our employee count stands at approximately 1,683, and the SIP AUM is around Rs.87,000 crores.
Question: "How should we think of expense growth in the coming years?" Answer: We expect normal expense growth aligned with inflation. However, the new ESOP scheme will impact manpower costs for the next few quarters.
Question: "Can you provide quantum of flows excluding arbitrage?" Answer: While we generally don't disclose individual fund flows, I can say that our equity category flows have a breakdown of roughly 60% from arbitrage and 40% from other funds over the last nine months.
Question: "How have fresh inflow yields compared to overall yields?" Answer: Fresh inflow yields are consistent with our overall yields, as we've maintained a strategy to keep them stable, despite some regulatory impacts expected next year.
Distribution across major stakeholders
Distribution across major institutional holders
| 2.82 kCr |
| +2.10% |
| - |
| 40.48 |
| 20.8 |
| - |
| - |
| UTIAMC | UTI Asset Management Co. | 13.66 kCr | 1.86 kCr | -6.40% | +0.60% | 24.38 | 7.33 | - | - |
| 67 |
| 69 |
| 75 |
| 74 |
| 71 |
| 72 |
| Profit Before exceptional items and Tax | 14.3% | 361 | 316 | 372 | 305 | 300 | 335 |
| Exceptional items before tax | - | -2.82 | 0 | 0 | 0 | 0 | 0 |
| Total profit before tax | 13.3% | 358 | 316 | 372 | 305 | 300 | 335 |
| Current tax | -12.5% | 78 | 89 | 80 | 87 | 74 | 73 |
| Deferred tax | 162.3% | 11 | -15.04 | 15 | -10.49 | 0.93 | 20 |
| Tax expense | 20.5% | 89 | 74 | 95 | 77 | 75 | 93 |
| Total profit (loss) for period | 12.1% | 270 | 241 | 277 | 228 | 224 | 242 |
| Other comp. income net of taxes | -66% | 1.66 | 2.94 | 4.38 | -0.26 | -2.61 | 3.06 |
| Total Comprehensive Income | 11.1% | 271 | 244 | 281 | 228 | 222 | 245 |
| Earnings Per Share, Basic | 13.2% | 9.33 | 8.36 | 9.6 | 7.91 | 7.78 | 8.41 |
| Earnings Per Share, Diluted | 13.2% | 9.31 | 8.34 | 9.59 | 7.89 | 7.76 | 8.39 |
| 5.58 |
| 5.55 |
| 3.85 |
| 4.82 |
| Depreciation and Amortization | 15.2% | 39 | 34 | 33 | 35 |
| Fees and commission expenses | 35.3% | 47 | 35 | 23 | 20 |
| Other expenses | 19.4% | 278 | 233 | 220 | 199 |
| Profit Before exceptional items and Tax | 23.7% | 1,239 | 1,002 | 788 | 882 |
| Total profit before tax | 23.7% | 1,239 | 1,002 | 788 | 882 |
| Current tax | 47% | 295 | 201 | 188 | 210 |
| Deferred tax | -30.8% | 19 | 27 | 9.56 | 11 |
| Tax expense | 37.9% | 314 | 228 | 197 | 222 |
| Total profit (loss) for period | 19.5% | 925 | 774 | 591 | 660 |
| Other comp. income net of taxes | -120.5% | -2.55 | -0.61 | -1.25 | 0.63 |
| Total Comprehensive Income | 19.1% | 922 | 774 | 590 | 661 |
| Reserve excluding revaluation reserves | - | 3,560 | - | - | - |
| Earnings Per Share, Basic | 20% | 32.05 | 26.87 | 20.52 | 22.93 |
| Earnings Per Share, Diluted | 20% | 31.98 | 26.81 | 20.46 | 22.86 |
| - |
| - |
| 68 |
| 68 |
| - |
| Property, plant and equipment | -61.1% | 36 | 91 | 95 | 30 | 23 | 60 |
| Capital work-in-progress | 881.1% | 3.89 | 0.63 | 0.79 | 0.62 | 1.13 | 1.05 |
| Total non-financial assets | 3.4% | 245 | 237 | 241 | - | - | - |
| Total assets | -3.9% | 3,925 | 4,084 | 3,614 | 3,483 | 3,012 | 2,777 |
| Equity share capital | 0% | 144 | 144 | 144 | 144 | 144 | 144 |
| Total equity | -4.5% | 3,538 | 3,704 | 3,250 | 3,154 | 2,729 | 2,509 |
| Total financial liabilities | -6.9% | 204 | 219 | 182 | - | - | - |
| Current tax liabilities | 1201.4% | 20 | 2.46 | 18 | 3.46 | 6.9 | 11 |
| Provisions | 10% | 56 | 51 | 48 | 44 | 43 | 41 |
| Total non financial liabilities | 13.8% | 183 | 161 | 182 | - | - | - |
| Total liabilities | 1.8% | 387 | 380 | - | 328 | 283 | 268 |
| Total equity and liabilities | -3.9% | 3,925 | 4,084 | 3,614 | 3,483 | 3,012 | 2,777 |
| 40% |
| Proceeds from issuing shares | 1152.6% |
| Payments of finance lease liabilities | - |
| Payments of lease liabilities | 90% |
| Dividends paid | 158.7% |
| Net Cashflows From Financing Activities | -136.6% |
| Net change in cash and cash eq. | -239% |