Loading…
Aditya Birla Sun Life Amc Ltd
NSE: ABSLAMC Financial Services Cap Markets 🔎 Screen
NIFTY 500 Smallcap 250
₹30,566 Cr
Market Cap
7.84
P/B
32.2%
ROCE
25.2%
ROE
0.02
D/E
55.5%
Fin. Margin
⚖️ Compare? ✨ Generate Report 📚 Guides
📈 Price History
Ratio Health
Excellent
Good
Average
Poor
By Category
Shareholding
About

Incorporated in 1994, Aditya Birla Sun Life AMC is set up as a joint venture between Aditya Birla Capital Ltd and Sun Life AMC. The Co. offers Mutual Fund services, Portfolio Management services, offshore and real estate offerings.

✓ Strengths 3
  • Company is almost debt free.
  • Company has a good return on equity (ROE) track record: 3 Years ROE 26.4%
  • Company has been maintaining a healthy dividend payout of 66.6%
! Concerns

No concerns data yet.

Key Ratios Snapshot
📊 Sector Averages
📈 Growth Pattern
📊 Quick Scorecard
Loading…
🔒
Premium Feature
AI-generated 10-section company profile — business model, financials, strengths, risks & management quality
Upgrade to Premium
Already a member? Log in
📐
3-Statement Financial Model
Bear / Base / Bull projections · DCF fair value · Reverse-DCF
Open Model →
Weak quarter: revenue grew 7% YoY but PAT fell 18% driven by a steep ₹33 Cr negative other income swing and market share erosion. quarter Investor Presentation One-Pager Mar 2026
Revenue
₹460 Cr
+7% YoY (₹4,582 Mn)
EBITDA Margin
55.1%
Operating Profit / Revenue; Op profit +8% YoY (implied margin down ~50bps)
PAT
₹187 Cr
-18% YoY (₹1,871 Mn); hit by negative other income
Key Metric
₹1,97,400 Cr
Equity MF QAAUM +17% YoY, but mutual fund AUM grew 14% vs industry 21%, losing share
What Went Right
  • Overall QAAUM (incl alternatives) grew 17% YoY to ₹4,740 bn
  • Equity MF QAAUM up 17% YoY to ₹1,974 bn; equity mix stable at 45.3%
  • Passive AUM expanded 25% YoY to ₹411 bn; debt index #1
  • PMS/AIF AUM (incl ESIC) surged 187% YoY to ₹326 bn
  • Revenue from operations increased 7% YoY to ₹460 Cr (FY26 full-year +10%)
What to Watch
  • PAT fell 18% YoY to ₹187 Cr as other income swung from +₹72 Cr (Q4 FY25) to -₹33 Cr (Q4 FY26) — likely mark-to-market losses
  • Mutual fund AUM growth (14% YoY) lagged industry (21% YoY), indicating market share loss (MF share 6.02% likely down)
  • Operating profit margin contracted slightly despite revenue growth, weighed by fees & commission +28% YoY and depreciation +33%
  • Individual AUM mix slipped further to 47.4% (vs 52.4% in Mar-23), reflecting institutional share gain
Investor Lens
ABSLAMC’s core asset management business is growing AUM steadily, but Q4 PAT weakness exposes earnings vulnerability to volatile other income and rising costs. Revenue growth is decent at 7% YoY, but the 18% PAT decline will alarm margin-focused investors. Market share erosion in mutual funds (industry AUM +21%, ABSLAMC +14%) is a critical red flag – the company’s retail franchise and distributor expansion (93,700+ MFDs) have not translated into proportional share gains. The individual AUM mix decline and heavy reliance on institutional mandates (including the large ESIC account) increase revenue lumpiness. Watch for stabilization of other income, improvement in equity net sales versus peers, and cost control (especially employee and commission expenses) to protect operating margins. The maintained 75% dividend payout is a positive, but sustainable only if earnings recover. Next quarter, focus on market share trajectory and whether the passive/alternatives growth can offset core MF share loss.
From investor presentation · AI-generated analysis · Not investment advice
🔒
Premium Feature
Investor Presentation One-Pager — quarterly highlights, what went right/wrong & management guidance
Upgrade to Premium
Already a member? Log in
📊 MIXED Net Profit falls 18% to ₹187 Cr
Revenue
Revenue increased by 6.8% YoY to ₹458 Cr, but decreased by 4.2% QoQ. This indicates a mixed trend in the company's top-line growth.
Profitability
Net Profit declined by 18% YoY to ₹187 Cr, with EPS falling to 6.48. The company's profitability has taken a hit despite a 9% YoY increase in Operating Profit.
Margins
OPM stood at 58%, down from 61% in the previous quarter. The margin trend is a concern, with OPM declining QoQ despite a YoY improvement.
Balance Sheet
The company has a strong balance sheet with reserves of ₹3,897 Cr and borrowings of ₹64 Cr, resulting in a low D/E ratio of 0.02. This indicates a healthy financial position.
Key Risks
The decline in Net Profit and EPS are key risks. Additionally, the lack of cash flow data and the decline in OPM are concerns that need to be addressed.
Outlook
The company's mixed performance in the quarter may impact its future growth prospects. The management will need to focus on improving profitability and maintaining a healthy balance sheet to drive growth going forward.
Generated by AI · Mar 2026 results · Not investment advice
🔒
Free Account Required

Create a free Finmagine account to access Finmagine™ Scorecard.

See how this company scores across 5 dimensions — Financial Health, Growth Prospects, Competitive Position, Management Quality, and Valuation — powered by 30+ computed ratios.

Create Free AccountLog In
🔒
Premium Feature

Upgrade to Finmagine Premium to unlock AI Advisor.

Get 11 expert AI analysis templates — Business KPIs, Comprehensive, Forensic Governance, Peer Comparison, Risk-Reward, and more — ready to paste into ChatGPT, Claude, Gemini, or Perplexity.

Upgrade to PremiumCreate Free Account
🔒
Premium Feature

Upgrade to Finmagine Premium to unlock Peer Comparison.

Compare this company side-by-side against its sector peers with financial metrics, ratio benchmarking, and relative performance across all key dimensions.

Upgrade to PremiumCreate Free Account
🔒
Premium Feature

Upgrade to Finmagine Premium to unlock Documents.

Access concall transcripts, annual reports, credit ratings, and investor presentations.

Upgrade to PremiumCreate Free Account

📊 Sector KPIs

Industry-specific KPIs with historical trend — AI-extracted from investor presentations
🔒
Premium Feature
Industry-specific KPIs with historical trend across quarters — AI-extracted from investor presentations
Upgrade to Premium
Already a member? Log in
🔒
Premium Feature

Upgrade to Finmagine Premium to unlock Full Report.

Read the complete Finmagine™ investment research report — comprehensive fundamental analysis, business model assessment, competitive positioning, and investment recommendation.

Upgrade to PremiumCreate Free Account

📊 Analysis Methodology

This comprehensive investment analysis was conducted using The Finmagine™ Stock Analysis & Ranking Methodology, a proprietary framework that systematically evaluates stocks across five critical dimensions: Financial Health, Growth Prospects, Competitive Positioning, Management Quality, and Valuation.

🎯
Discover Our Proven Investment Framework Learn how we analyze and rank stocks using advanced quantitative models, multi-dimensional scoring systems, and dynamic discriminatory ranking techniques that have guided successful investment decisions across market cycles.
📊 Explore The Finmagine™ Methodology

A comprehensive, bias-free framework for analyzing and ranking stocks by Financial Strength, Growth Potential, Competitive Edge, Management Quality, and Value.

⚠️ Important Disclaimers — Please read without fail.

Investment Risk:
Investing in securities, including equities and mutual funds, involves inherent risks, including the potential loss of principal. All investments are subject to market fluctuations, regulatory changes, and other risks that may affect their value. Past performance is not indicative of future results. This report is provided for informational and educational purposes only and should not be construed as investment advice under any circumstances.

No Investment Recommendation:
This report does not constitute, nor should it be interpreted as, an offer, solicitation, or recommendation to buy, sell, or hold any securities or financial products. Investors are strongly advised to conduct their own independent research and due diligence and to consult with a SEBI-registered investment adviser or other qualified financial professional before making any investment decisions, taking into account their individual financial situation, risk tolerance, and investment objectives.

Conflict of Interest Disclosure:
The author and/or analyst may currently hold or have previously held positions in the securities or financial instruments discussed in this report. Any such positions, if material, are disclosed to the best of the author's knowledge and are not intended to influence the objectivity or independence of the analysis. This research is produced independently and is not sponsored, endorsed, or commissioned by any company, institution, or third party.

Information Sources:
The analysis and opinions expressed herein are based on publicly available information, including but not limited to company filings with the BSE/NSE, annual reports, management commentary, investor presentations, data from the Reserve Bank of India (RBI), SEBI, industry publications, and other reliable financial data sources. Information is believed to be accurate as of the date of publication but may be subject to change without notice. Readers are encouraged to independently verify all information before acting upon it.

Forward-Looking Statements:
This report may contain forward-looking statements, forecasts, or projections that are inherently subject to risks, uncertainties, and assumptions. Actual results may differ materially from those expressed or implied. The author does not undertake any obligation to update such statements in the future.

Regulatory Compliance:
This report is intended to comply with the Securities and Exchange Board of India (Research Analysts) Regulations, 2014, as amended, and other applicable Indian laws and regulations.

Limitation of Liability:
The content of this report is provided "as is" without any warranties, express or implied, including accuracy, completeness, merchantability, or fitness for a particular purpose. The author and publisher expressly disclaim any liability for errors, omissions, or any losses incurred as a result of reliance on the information provided. Readers assume full responsibility for their investment decisions.