Aditya Birla Sun Life AMC (ABSLAMC) Q1 26/27 earnings summary

Executive summary

• Closing AUM reached INR 10.7 lakh crore as of June 30, 2026, up 42% year-over-year, including alternate assets and new mandates from ESIC and EPFO.

• Mutual fund quarterly average AUM was INR 4.28 lakh crore, up 6% year-over-year; equity mutual fund AUM at INR 1.99 lakh crore, up 10%.

• Serviced 11.1 million investor folios and expanded distribution to 310+ locations, with over 80% in B-30 cities.

• SIP contribution for June 2026 was INR 1,083 crore, with 40 lakh folios and 5.5 lakh new SIP registrations in the quarter.

• Technology and digital initiatives, including Gen AI-powered chatbot and new apps, launched to enhance investor experience.

Financial highlights

• Q1 FY27 total revenue was INR 625 crore, up 11% year-over-year.

• Profit before tax for Q1 FY27 was INR 406 crore, up 9% year-over-year.

• Profit after tax for Q1 FY27 was INR 309 crore, up 12% year-over-year.

• Operating profit for Q1 FY27 was INR 243.7 crore, down 4% year-over-year.

• Employee benefits expense increased 26% year-over-year in Q1 FY27.

Outlook and guidance

• Yields are expected to remain stable, with minor fluctuations due to telescoping pricing as AUM grows.

• Employee costs, including ESOP expenses, are projected to remain at current levels for coming quarters.

• OpEx expected to track inflation, with no major cost shocks anticipated.

• Focus remains on scaling retail franchise, expanding product offerings, and leveraging digital platforms for service delivery.

• Continued emphasis on sustainable SIP growth and robust risk management.