UTIAMC - UTI Asset Management Company Limited Share Price

Capital Markets

₹1018.40-0.90(-0.09%)

Market Closed as of May 2, 2025, 15:30 IST

What does UTI Asset Management Company Limited do?

Asset Management Company•Financial Services•Small Cap

UTI Asset Management Company (P) Ltd. is a privately owned investment manager. It manages mutual funds for its clients. The firm invests in money market, fixed income, and public equity markets of India. It employs in-house research while making its investments. UTI Asset Management Company (P) Ltd. was incorporated on November 14, 2002 and is based in Mumbai, India.

Industry Group:Capital Markets

Employees:1,402

Website:www.utiwms.com

Summary of Latest Earnings Report from UTI Asset Management Co.

Summary of UTI Asset Management Co.'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.

Earnings Outlook

Last updated: Oct 24

Management Outlook:
UTI AMC's management remains optimistic about India's economic growth (7%+ GDP forecast) and the mutual fund industry's expansion, driven by retail participation, SIP inflows (Rs.13.82 lakh crore industry-wide), and penetration beyond top cities. The company aims to capitalize on this growth via strategic priorities:

AUM Growth: Focus on equity, hybrid, passive (ETF/index), and fixed-income funds. Quarterly average AUM rose 28% YoY to Rs.3.43 lakh crore (Sept 2024).
Geographic & Digital Expansion: Strengthening presence in non-metro cities (21% AUM from beyond top 30 cities vs. 19% industry average) and upgrading digital platforms for scalability.
Subsidiaries:
- UTI International: Expanding in the U.S., Middle East, and Europe; targeting institutional investors.
- UTI Pension Fund: Leading market share in government schemes (ranked #1); targeting private-sector NPS growth.
- UTI Alternatives: Raising new funds (credit, real estate) and nearing closures for existing ones.
Product Innovation: Launched 2 index funds (Nifty 200 Quality 30, Nifty Private Bank) and plans more passive offerings.

Key Financials & Metrics:

Consolidated PAT: Rs.239 crore in Q2 (+31% YoY), driven by core revenue growth (+28% YoY).
SIP Momentum: 50% YoY growth in SIP AUM to Rs.39,882 crore (Sept 2024).
Cost Management: Employee expenses to rise moderately (2-3% standalone); subsidiaries' costs linked to long-term growth.
Yield Stability: Equity/hybrid yields at ~75 bps; focus on hybrid funds (Rs.2,500 crore H1 inflows).

Future Focus: Enhancing fund performance (11/18 equity funds in top quartiles), rationalizing distributor commissions (post-FY25), and scaling subsidiaries to profitability (Alternatives to turn PAT-positive by FY26).

Q&A Session

Last updated: Oct 24

Question 1 (Dipanjan Ghosh, Citibank):
"Just two-three questions from my side. First, a data-keeping question. If you can quantify the ESOP expense for the first half for the standalone and consolidated business. Second, have you undertaken any change in renewal payout structures? Third, how do you foresee yield trajectory or realizations in UTI Pension?"
Answer: ESOP expenses were ~Rs.3.5 crore (H1 FY25). No changes were made to renewal payouts on existing AUM; incremental inflows follow marginal expense-sharing. UTI Pension's gross fee yield is ~3 bps (net 1.5 bps after regulatory obligations).

Question 2 (Lalit Deo, Equirus Securities):
"First, give segment-wise revenue yields. Second, explain equity outflows. Third, employee expense outlook."
Answer: Yields: equity/hybrid (~~75 bps), ETFs/index (~~6-7 bps), cash/arbitrage (~~10 bps), debt (~~20-21 bps). Equity outflows were attributed to past underperformance, but hybrid/SIP growth (Rs.39,882 crore SIP AUM, +50% YoY) offset this. Employee costs to rise 2-3% (standalone) and 8-10% for other expenses.

Question 3 (Mohit, Centrum):
"Why have branches/employees reduced? Impact on expenses? Steps to regain equity market share?"
Answer: Branch count increased by 24 (net); closures occurred in low-AUM areas. Headcount dropped due to retirements, offset by hiring trainees. Improved fund performance (11/18 equity funds in top quartiles) and hybrid focus aim to regain market share.

Question 4 (Abhijeet Sakhare, Kotak Securities):
"Clarify yield trends, expense guidance, and equity flow outlook."
Answer: Equity/hybrid yields stable (~75 bps). Employee costs to rise 2-3% (standalone); subsidiaries' growth may elevate consolidated costs. Hybrid inflows (Rs.2,500 crore H1) and improved equity performance to drive future flows.

Question 5 (Madhukar Ladha, Nuvama):
"Is employee expense normalization complete? Why no yield improvement despite higher direct TER?"
Answer: Employee costs will decline post-FY25 due to operating leverage. Stable equity yields (~75 bps) reflect offsetting lower-yield inflows and higher-yield legacy AUM.

Question 6 (Prayesh Jain, Motilal Oswal):
"Will UTI rationalize commissions? Debt flow outlook? Subsidiaries' revenue mix?"
Answer: Commission rationalization likely from Q4 FY25. Long-duration debt inflows may rise post-rate cuts. Subsidiaries (Alternatives, Pension, International) to contribute more as UTI Alternatives turns PAT-positive by FY26.

Question 7 (Jignesh Shial, InCred Capital):
"Reasons for higher other expenses? Drivers of SIP growth? ETF impact on yields?"
Answer: Higher expenses due to global expansion (US/Paris offices). SIP growth (Rs.3,907 crore H1, +18% YoY) stemmed from fintech partnerships and hybrid focus. Passive AUM growth prioritizes absolute profit over yield dilution.

Question 8 (Gaurav Jani, Prabhudas Lilladher):
"Does equity/hybrid net flow include arbitrage?"
Answer: No"”arbitrage flows are categorized under cash/liquid funds.

Description	Share	Value
Domestic Segment (India)	100.0%	404.2 Cr
Total		404.2 Cr

Balance Sheet for UTI Asset Management Co.

Standalone figures (in Rs. Crores) / View Consolidated Data

Description	(%) Q/Q	Mar-2025	Sep-2024	Mar-2024	Sep-2023	Mar-2023	Sep-2022
Cash and cash equivalents	-35.2%	2.95	4.01	6.92	12	95	7
Property, plant and equipment	4.6%	274	262	268	367	352	343
Capital work-in-progress	764.3%	6.58	0.16	3.06	5.43	6.48	10
Investment property	-1.6%	122	124	126	8.91	9.17	9.43
Total assets	8.5%	4,179	3,851	3,981	3,606	3,618	3,383
Current tax liabilities	-36.6%	27	42	18	15	9.48	9.49
Total liabilities	-	393	-	296	248	270	258
Equity share capital	0.8%	128	127	127	127	127	127
Total equity	8.6%	3,786	3,487	3,685	3,358	3,348	3,125
Total equity and liabilities	8.5%	4,179	3,851	3,981	3,606	3,618	3,383

Consolidated figures (in Rs. Crores) / View Standalone Data

Description	(%) Q/Q	Mar-2025	Sep-2024	Mar-2024	Sep-2023	Mar-2023	Sep-2022
Cash and cash equivalents	93.9%	257	133	151	145	209	133
Property, plant and equipment	4.5%	282	270	278	377	355	348
Capital work-in-progress	969%	8.3	0.16	3.07	5.43	6.48	10
Investment property	-1.6%	122	124	126	8.91	9.17	9.43
Total assets	4.6%	5,658	5,411	5,341	4,759	4,175	3,936
Current tax liabilities	-32.6%	30	44	20	18	13	12
Total liabilities	-	498	-	368	288	307	286
Equity share capital	0.8%	128	127	127	127	127	127
Non controlling interest	-	561	-	585	496	-	0
Total equity	3.3%	5,160	4,993	4,973	4,471	3,868	3,650
Total equity and liabilities	4.6%	5,658	5,411	5,341	4,759	4,175	3,936

Income Statement for UTI Asset Management Co.

Standalone figures (in Rs. Crores) / View Consolidated Data

QuarterlyAnnual

Description	(%) Q/Q	Mar-2025	Dec-2024	Sep-2024	Jun-2024	Mar-2024	Dec-2023
Revenue From Operations	-3.7%	317	329	417	387	327	346
Other Income	333.3%	1.42	0.82	1.54	3.45	3.12	0.39
Total Income	-3.6%	318	330	418	390	331	347
Employee Expense	2.3%	90	88	95	92	97	88
Finance costs	6.1%	3.25	3.12	2.98	3.07	2.92	2.79
Depreciation and Amortization	11.1%	11	10	10	10	11	9.44
Other expenses	10.8%	42	38	38	33	34	41
Total Expenses	4.9%	150	143	149	141	148	144
Profit Before exceptional items and Tax	-9.7%	169	187	269	249	183	203
Total profit before tax	-9.7%	169	187	269	249	183	203
Current tax	19.5%	50	42	47	50	35	34
Deferred tax	-404.5%	-5.76	3.22	21	13	-3.26	19
Total tax	0%	45	45	68	63	32	53
Total profit (loss) for period	-12.8%	124	142	201	186	151	150
Other comp. income net of taxes	-285.9%	-13.82	8.97	-15.14	7.36	-5.65	7.7
Total Comprehensive Income	-27.3%	110	151	186	193	146	158
Earnings Per Share, Basic	-14.6%	9.69	11.17	15.79	14.6	11.89	11.83
Earnings Per Share, Diluted	-14.3%	9.66	11.1	15.7	14.55	11.87	11.82

Description	(%) Q/Q	Mar-2025	Mar-2024	Mar-2023	Mar-2022	Mar-2021
Revenue From Operations	8.4%	1,449	1,337	1,101	1,060	941
Other Income	119.4%	7.23	3.84	0	0.64	28
Total Income	8.6%	1,456	1,341	1,101	1,060	968
Employee Expense	-1.1%	364	368	357	362	342
Finance costs	10%	12	11	9.52	9.15	7.97
Depreciation and Amortization	8.1%	41	38	38	35	34
Other expenses	3.4%	151	146	133	120	121
Total Expenses	1.4%	583	575	547	534	510
Profit Before exceptional items and Tax	14%	873	766	554	526	458
Total profit before tax	14%	873	766	554	526	458
Current tax	40.3%	189	135	118	129	81
Deferred tax	3.4%	31	30	11	-20.52	25
Total tax	33.5%	220	165	129	108	106
Total profit (loss) for period	8.8%	654	601	424	418	352
Other comp. income net of taxes	30.8%	-12.63	-18.71	7.44	3.78	-7.19
Total Comprehensive Income	10.2%	641	582	432	422	344
Earnings Per Share, Basic	8.6%	51.24	47.26	33.43	32.94	27.74
Earnings Per Share, Diluted	8.2%	51.03	47.23	33.42	32.81	27.74

Consolidated figures (in Rs. Crores) / View Standalone Data

QuarterlyAnnual

Description	(%) Q/Q	Mar-2025	Dec-2024	Sep-2024	Jun-2024	Mar-2024	Dec-2023
Revenue From Operations	-10.1%	376	418	538	529	416	449
Other Income	-152.9%	0	2.89	1.67	4.52	4.23	1.16
Total Income	-10.5%	376	420	540	534	420	450
Employee Expense	2.7%	116	113	115	114	117	105
Finance costs	4.5%	3.3	3.2	3.05	3.16	3.01	2.88
Depreciation and Amortization	10%	12	11	11	11	12	10
Other expenses	12.9%	80	71	74	64	70	70
Total Expenses	11.6%	222	199	204	192	202	190
Profit Before exceptional items and Tax	-30.5%	154	221	336	341	218	261
Total profit before tax	-30.5%	154	221	336	341	218	261
Current tax	15.2%	54	47	52	55	41	37
Deferred tax	-463.2%	-2.21	0.43	21	12	-4.06	20
Total tax	8.5%	52	48	73	67	37	57
Total profit (loss) for period	-41.6%	102	174	263	274	181	203
Other comp. income net of taxes	114%	4.08	-21.07	29	7.82	-12.76	7.7
Total Comprehensive Income	-30.9%	106	153	292	282	169	211
Earnings Per Share, Basic	-46%	6.84	11.81	18.77	19.97	12.79	14.62
Earnings Per Share, Diluted	-45.9%	6.81	11.74	18.67	19.91	12.76	14.6

Description	(%) Q/Q	Mar-2025	Mar-2024	Mar-2023	Mar-2022	Mar-2021
Revenue From Operations	6.6%	1,851	1,737	1,267	1,319	1,169
Other Income	31.5%	8.85	6.97	23	8.19	30
Total Income	6.7%	1,860	1,744	1,290	1,327	1,199
Employee Expense	4.3%	458	439	415	407	379
Finance costs	20%	13	11	9.55	9.18	8.06
Depreciation and Amortization	9.8%	46	42	40	37	36
Other expenses	10.3%	289	262	238	212	169
Total Expenses	6.7%	808	757	704	667	596
Profit Before exceptional items and Tax	6.6%	1,052	987	586	660	603
Total profit before tax	6.6%	1,052	987	586	660	603
Current tax	34.4%	208	155	136	146	83
Deferred tax	6.9%	32	30	9.56	-20.12	26
Total tax	29.3%	239	185	146	126	109
Total profit (loss) for period	1.4%	813	802	440	535	494
Other comp. income net of taxes	-24%	20	26	7.53	3.8	-7.26
Total Comprehensive Income	0.6%	833	828	447	538	487
Earnings Per Share, Basic	-4.9%	57.35	60.26	34.45	42.12	38.97
Earnings Per Share, Diluted	-5.3%	57.11	60.22	34.44	41.96	38.97

Cash Flow for UTI Asset Management Co.

Standalone figures (in Rs. Crores) / View Consolidated Data

Description	(%) Q/Q	Mar-2025	Mar-2024	Mar-2023
Finance costs	-110%	0	11	9.51
Depreciation	8.1%	41	38	38
Dividend income	-	0	0	0
Adjustments for interest income	-	0	0	0
Share-based payments	-108.3%	0	13	0
Net Cashflows from Operations	50.3%	703	468	457
Interest paid	-	-12.42	0	0
Interest received	-5.3%	-32.94	-31.24	-21.99
Income taxes paid (refund)	35.8%	168	124	116
Other inflows (outflows) of cash	-13.5%	-15.11	-13.2	-13.02
Net Cashflows From Operating Activities	66.6%	499	300	306
Proceeds from sales of PPE	-103%	0	34	29
Purchase of property, plant and equipment	-119.1%	-18.66	104	79
Proceeds from sales of investment property	-	-65.43	0	0
Purchase of other long-term assets	-	7.9	0	0
Dividends received	-	0	0	0
Interest received	110%	64	31	7.93
Other inflows (outflows) of cash	56.8%	15	9.93	9.51
Net Cashflows From Investing Activities	133.8%	48	-137.85	35
Proceeds from issuing shares	178.9%	54	20	2.49
Proceeds from issuing other equity instruments	-	0	0	-0.03
Proceeds from exercise of stock options	-	0	0	0
Payments of lease liabilities	-170.3%	-6.03	11	-7.11
Dividends paid	115.1%	599	279	267
Interest paid	-	12	0	0
Other inflows (outflows) of cash	9.5%	0.14	0.05	0
Net Cashflows from Financing Activities	-120.5%	-551.31	-249.44	-266.56
Net change in cash and cash eq.	94.4%	-3.97	-87.63	74

Consolidated figures (in Rs. Crores) / View Standalone Data

Description	(%) Q/Q	Mar-2025	Mar-2024	Mar-2023
Finance costs	133.7%	13	-34.63	9.55
Depreciation	9.8%	46	42	40
Unrealised forex losses/gains	-104%	0	26	0
Dividend income	-	0	0	0
Adjustments for interest income	-	41	0	0
Share-based payments	-107.7%	0	14	0
Net Cashflows from Operations	53.8%	770	501	574
Interest paid	91.9%	0	-11.27	142
Interest received	-	0	0	-23.68
Income taxes paid (refund)	26%	219	174	0
Other inflows (outflows) of cash	-11.5%	-14.83	-13.2	-13.02
Net Cashflows From Operating Activities	65.1%	536	325	395
Proceeds from sales of PPE	-72.3%	19	66	0
Purchase of property, plant and equipment	-52.7%	70	147	109
Proceeds from sales of investment property	-	0	0	57
Purchase of other long-term assets	290%	79	21	0
Dividends received	-	0	0	0
Interest received	17.6%	41	35	24
Other inflows (outflows) of cash	16.7%	15	13	13
Net Cashflows From Investing Activities	183.8%	124	-145.79	-92.51
Proceeds from issuing shares	103.8%	54	27	2.55
Proceeds from exercise of stock options	-	0.15	0	0
Repayments of borrowings	-	0	0	0
Payments of lease liabilities	82.9%	-3.65	-26.19	-6.76
Dividends paid	115.1%	599	279	267
Interest paid	-	13	0	0
Other inflows (outflows) of cash	-5.3%	0	0.05	-0.03
Net Cashflows from Financing Activities	-132.3%	-554.01	-237.88	-266.89
Net change in cash and cash eq.	276.3%	106	-58.55	36

Investor Care
Dividend Yield	3.74%
Dividend/Share (TTM)	47
Shares Dilution (1Y)	0.57%
Diluted EPS (TTM)	57.13

Financial Health
Debt/Equity	0.00
Debt/Cashflow	0.00

Valuation
Market Cap	13.03 kCr
Price/Earnings (Trailing)	16.03
Price/Sales (Trailing)	6.97
EV/EBITDA	11.51
Price/Free Cashflow	27.94
MarketCap/EBT	12.39

Fundamentals
Revenue (TTM)	1.87 kCr
Rev. Growth (Yr)	-10.56%
Rev. Growth (Qtr)	-10.6%
Earnings (TTM)	812.96 Cr
Earnings Growth (Yr)	-43.79%
Earnings Growth (Qtr)	-41.25%

Profitability
Operating Margin	58.3%
EBT Margin	58.3%
Return on Equity	17.87%
Return on Assets	16.49%
Free Cashflow Yield	3.58%

Ticker	Name	Mkt Cap	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
HDFCAMC	HDFC Asset Management Co.Asset Management Company	93.69 kCr	3.89 kCr	+7.55%	+11.29%	39.65	24.11	+31.73%	+32.88%
NAM-INDIA	NIPPON LIFE INDIA ASSET MANAGEMENTAsset Management Company	40.15 kCr	2.49 kCr	-	-	31.21	15.93	+23.73%	+16.17%
ABSLAMC	Aditya Birla Sun Life AMCAsset Management Company	18.92 kCr	1.93 kCr	+1.01%	+19.21%	20.33	9.53	+21.04%	+19.25%

Pros

Dividend: Dividend paying stock. Dividend yield of 3.74%.

Smart Money: Smart money has been increasing their position in the stock.

Buy Backs: Company has bought back it's stock in the past which is a good thing.

Technicals: Bullish SharesGuru indicator.

Balance Sheet: Strong Balance Sheet.

Profitability: Very strong Profitability. One year profit margin are 47%.

Size: Market Cap wise it is among the top 20% companies of india.

Cons

Momentum: Stock is suffering a negative price momentum. Stock is down -4.3% in last 30 days.

The Good, Bad and Ugly

Growth

Profitability

Size

Dilution Rank

Balance Sheet

Momentum

Technicals

Smart Money

Insider Trading

Sector Comparison: UTIAMC vs Capital Markets

Comprehensive comparison against sector averages

Comparative Metrics

UTIAMC metrics compared to Capital

Category	UTIAMC	Capital
PE	16.05	25.17
PS	6.98	8.21
Growth	7.2 %	21.6 %

Performance Comparison

UTIAMC vs Capital (2021 - 2025)

Key Insights

1. UTIAMC is NOT among the Top 10 largest companies in Capital Markets.
2. The company holds a market share of 3.5% in Capital Markets.
3. In last one year, the company has had a below average growth that other Capital Markets companies.

Shareholder Name	Holding %
T. ROWE PRICE INTERNATIONAL LTD	22.79%
Punjab National Bank	15.1%
State Bank of India	9.9%
Bank of Baroda	9.9%
Life Insurance Corporation of India	9.9%
Nippon India Mutual Fund	5.6%
Tata Mutual Fund	4.18%
GOVERNMENT PENSION FUND GLOBAL	1.01%

UTIAMC - UTI Asset Management Company Limited Share Price

What does UTI Asset Management Company Limited do?

Summary of Latest Earnings Report from UTI Asset Management Co.

Revenue Breakdown

Balance Sheet for UTI Asset Management Co.

Income Statement for UTI Asset Management Co.

Cash Flow for UTI Asset Management Co.

Investor Care

Financial Health

Valuation

Fundamentals

Profitability

Is UTI Asset Management Co. Better than it's peers?

Sector Comparison: UTIAMC vs Capital Markets

Comparative Metrics

Performance Comparison

Share Holdings

Holding Pattern

Share Holding Details

Overall Distribution

Ownership Distribution

Price to Sales Ratio

Revenue (Last 12 mths)

Net Income (Last 12 mths)