Aditya Birla Sun Life AMC (ABSLAMC) Q1 25/26 earnings summary

Executive summary

• Achieved a significant milestone by crossing INR 4 trillion in mutual fund AUM, with overall average AUM (including alternates) at INR 4.43 trillion, up 21% year-on-year.

• Q1 FY2026 net sales exceeded the entire FY2025, reflecting strong business momentum and improved fund performance across categories.

• The company serviced 10.7 million folios as of June 30, 2025, up 14% year-on-year.

• Board approved unaudited standalone and consolidated financial results for the quarter ended June 30, 2025.

• Approved incorporation of a wholly owned subsidiary in GIFT City, Gujarat, to expand fund management services internationally.

Financial highlights

• Q1 FY2026 consolidated revenue from operations was INR 447 crore, up 16% year-on-year; standalone revenue was INR 442 crore.

• Operating profit for Q1 FY2026 reached INR 254 crore, up 21% year-on-year.

• Consolidated profit before tax was INR 372 crore, up 22% year-on-year; consolidated profit after tax was INR 277 crore, up 18% year-on-year.

• Basic EPS (consolidated) for Q1 FY26 was INR 9.60, up from INR 8.18 in Q1 FY25.

• Non-mutual fund operational income from alternate assets was INR 32 crore; ESOP expense was INR 1.6 crore for the quarter.

Outlook and guidance

• Optimistic about Indian market prospects due to stable domestic growth, healthy corporate profitability, and supportive macro policies.

• RBI's accommodative stance and controlled inflation expected to support market performance.

• Plans to expand product offerings, especially in alternates and passive products, and to increase institutional and family office penetration.

• Focus remains on expanding geographic reach, strengthening multi-channel distribution, and accelerating growth in passive and alternative investments.

• Board recommended a final dividend of INR 24 per equity share for FY25, subject to shareholder approval.