Aditya Birla Capital (ABCAPITAL) Q3 25/26 earnings summary

Executive summary

• Consolidated revenue for Q3 FY26 rose 30% year-over-year to ₹14,181 crore, with profit after tax up 41% to ₹983 crore, excluding exceptional items.

• Lending portfolio grew 30% year-over-year to ₹1,90,386 crore; total AUM increased 19% year-over-year to ₹5,98,166 crore as of Dec 31, 2025.

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

• Major capital infusion of ₹2,750 crore in housing finance from Advent International, valuing ABHFL at ₹19,250 crore post-money.

• Board approved unaudited standalone and consolidated results for the quarter and nine months ended December 31, 2025.

Financial highlights

• Standalone profit after tax (excluding exceptional items) grew 24% year-over-year to ₹749 crore; consolidated Q3 FY26 net profit: ₹945.02 crore.

• NBFC profit after tax for Q3 was ₹772 crore, up 8% sequentially and 29% year-over-year; net interest income rose 23% year-over-year to ₹2,127 crore.

• Housing finance profit after tax surged 115% year-over-year to ₹236 crore; ROA at 1.96%, ROE at 14.92%.

• AMC revenue for Q3 was ₹562 crore, up 16% year-over-year; profit after tax at ₹270 crore, up 20% year-over-year.

• Life insurance individual first year premium grew 19%, health insurance gross written premium up 39% year-over-year.

Outlook and guidance

• NBFC targets 24-25% annual growth, aiming to double the loan book in three years.

• Housing finance expects to achieve ROA of 2.1-2.2% earlier than guided, with current ROA at 1.96%.

• Life insurance aims for 20%+ CAGR in individual FYP over the next three years and to double net VNB in three years.

• Continued focus on expanding in prime and affordable segments, leveraging digital capabilities and distribution network.

• NBFC ROA expected to expand to 2.5% in the next four to five quarters.