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

Executive summary

• Achieved overall average AUM of INR 6.28 lakh crore (Rs 6,279 bn) in Q1 FY27, up 42% year-over-year, including significant mandates from ESIC and EPFO.

• Closing total AUM surpassed INR 10 lakh crore (Rs 10.7 tn) as of June 30, 2026, reflecting strong client trust and franchise strength.

• Mutual fund quarterly average AUM reached INR 4.28 lakh crore (Rs 4,277 bn), up 6% year-over-year, with equity AUM at INR 1.99 lakh crore (Rs 1,987 bn), up 10%.

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

• Technology and digital initiatives, including a Gen AI-powered chatbot and new apps, are enhancing investor experience.

Financial highlights

• Q1 FY27 total revenue was INR 625 crore (Rs 6.3 bn), up 11% year-over-year.

• Profit before tax for Q1 FY27 was INR 406 crore (Rs 4.1 bn), up 9% year-over-year.

• Profit after tax for Q1 FY27 was INR 309 crore (Rs 3.1 bn), up 12% year-over-year.

• Operating profit for Q1 FY27 was Rs 2,437 mn, down 4% year-over-year.

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

Outlook and guidance

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

• Employee costs, including ESOP expenses, are projected to remain steady in coming quarters.

• OpEx is 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.