India · Delayed Price · Currency is INR HDFC Asset Management Company Earnings Call Transcripts
Fiscal Year 2026
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QAAUM grew 20% year-over-year to INR 9.3 trillion, with profit after tax up 16% and digital transactions at 97%. Strong SIP inflows and new investor additions offset market volatility, while new TER regulations are expected to have limited P&L impact.
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AUM surpassed ₹9 trillion with strong SIP inflows and 20% YOY profit growth. Regulatory changes are expected to impact margins, but disciplined cost management and product innovation support a positive outlook. Alternatives and passive segments are growing, with digital channels expanding reach.
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AUM reached INR 8.7 trillion with strong SIP growth and robust equity inflows, while revenue and operating profit rose 16% and 13% year-over-year, respectively. Cost efficiency remains high, and a 1:1 bonus share issue was approved.
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AUM grew 21% YoY to INR 8.5 trillion, with strong inflows across equity, debt, and alternatives. Revenue and profit rose 25% and 24% YoY, respectively, while yields and margins remained stable. New ESOP/PSU plans and SEBI approval for AIFs mark key developments.
Fiscal Year 2025
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AUM grew 23% year-over-year to INR 65.7 trillion, with strong net inflows and resilient SIP participation. Operating profit rose 43% and PAT 26% year-over-year, while the dividend payout ratio increased to 78%.
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AUM and revenue saw robust double-digit growth, with record SIP inflows and expanding digital adoption. Operating profit and margins improved, while management remains optimistic about long-term growth despite market volatility and regulatory changes.
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AUM and investor base saw robust growth, with record equity inflows and strong SIP momentum. Revenue and profit rose sharply year-over-year, though a one-time deferred tax charge impacted PAT. Margins are expected to decline gradually as AUM grows, but operational momentum remains strong.
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AUM surpassed INR 7 trillion with strong equity inflows and robust SIP growth. Revenue and profit rose sharply YoY, though margins diluted due to rapid AUM expansion and regulatory pricing. Investments in technology, new branches, and alternatives continue, with a focus on consolidating market leadership.