Aditya Birla Capital (ABCAPITAL) Q2 24/25 earnings summary

Executive summary

• Consolidated profit after tax reached ₹1,001 crore in Q2 FY25, up 42% year-over-year and 32% sequentially; consolidated revenue rose 36% year-over-year to ₹12,007 crore.

• Total lending portfolio grew 27% year-over-year to ₹1,37,946 crore; AUM rose 24% to ₹5,01,152 crore.

• Strategic initiatives included the proposed amalgamation of Aditya Birla Finance with Aditya Birla Capital and the sale of the insurance broking subsidiary.

• Strong digital adoption and omnichannel platforms enhanced customer engagement and operational efficiency.

• All major business segments—NBFC, housing finance, asset management, insurance—delivered robust growth and improved profitability.

Financial highlights

• NBFC loan portfolio grew 23% year-over-year to ₹1,14,710 crore; NBFC PBT at ₹844 crore, up 15% year-over-year.

• Housing finance AUM at ₹23,236 crore, up 51% year-over-year; PBT at ₹104 crore, up 7% year-over-year.

• Asset management PAT at ₹242 crore, up 36% year-over-year; QAAUM at ₹3,83,309 crore, up 28% year-over-year.

• Life insurance gross premium at ₹8,657 crore for H1 FY25, up 27% year-over-year; VNB margin at 7.4%.

• Health insurance gross premium at ₹2,171 crore for H1 FY25, up 39% year-over-year; market share increased to 11.9%.

Outlook and guidance

• NBFC portfolio expected to grow at a CAGR of 25% over the next two to three years.

• Housing finance aims for 25% portfolio CAGR over the next 2-3 years and to double the book in 18-24 months.

• Life insurance targets 20%+ CAGR in individual first-year premium and VNB margin of 17%-18%.

• Health insurance business maintains a positive outlook, aiming to meet EOM guidelines in the next financial year.