Aditya Birla Sun Life AMC (ABSLAMC) Q4 25/26 earnings summary

Executive summary

• Q4 FY26 saw strong AUM growth, improved flows, and continued expansion in SIPs and digital channels.

• Mutual Fund QAAUM grew 14% YoY to Rs 4,359 billion, with equity QAAUM up 17% to Rs 1,974 billion; overall AUM including alternates reached Rs 4,740 billion, up 17%.

• Audited standalone and consolidated financial results for the quarter and year ended March 31, 2026, were approved, with auditors issuing unmodified opinions.

• Investments in team, technology, and distribution channels drove improved performance and investor confidence.

• The business of the Gift City Branch was transferred to a newly incorporated wholly owned subsidiary, Aditya Birla Sun Life AMC International (IFSC) Limited.

Financial highlights

• Q4 FY26 revenue from operations: Rs 4.6 billion (up 7% YoY); operating profit: Rs 2.5 billion (up 8% YoY); PAT: Rs 1.9 billion (down 18% YoY).

• FY26 consolidated revenue: Rs 18.5 billion (up 10% YoY); operating profit: Rs 10.5 billion (up 11% YoY); PAT: Rs 9.8 billion (up 5% YoY).

• Standalone net profit for FY26 was ₹985.69 crore, compared to ₹924.72 crore in FY25; consolidated net profit was ₹975.07 crore, up from ₹930.60 crore.

• Basic EPS (standalone) for FY26 was ₹34.13; consolidated basic EPS was ₹33.76.

• Board proposed a dividend of ₹25.50 per share for FY26, representing a payout ratio of 75-78%.

Outlook and guidance

• Management expects continued momentum in flows and AUM, with focus on SIP adoption and expanding distribution.

• Focus on expanding geographic reach, strengthening multi-channel distribution, and scaling retail franchise.

• Regulatory changes (TER revision) expected to have marginal impact on profitability, with optimization ongoing.

• Employee costs to see a marginal increase due to ESOPs and normal inflation; ESOP impact estimated at INR 8-10 crore per quarter in FY27.

• The company continues to monitor the impact of new Labour Codes and will account for further changes as rules are notified.