Canara Robeco Asset Management Company (CRAMC) Q4 25/26 earnings summary

Executive summary

• Q4 and FY 2026 were marked by significant market volatility, but the mutual fund industry and the company showed resilience, supported by strong domestic participation, digital expansion, and disciplined execution.

• Achieved 1,174.83 billion QAAUM in FY26, with equity-oriented QAAUM at 91.01% and 2.04 million outstanding SIP accounts.

• Expanded distribution network to 29 branches and over 56,000 distributors, with digital engagement up 200% YoY in Q4.

• Completed IPO and listed on NSE and BSE in October 2025; ESOP 2025 granted 1.46 million stock options.

• Audited financial statements for FY26 received an unmodified opinion, with new statutory auditors and independent director appointments approved.

Financial highlights

• FY26 revenue from operations was ₹42,494.50 lakhs, up 17% YoY from ₹36,454.51 lakhs; PAT reached ₹20,380.47 lakhs, up 7% YoY.

• Total income for FY26 was ₹45,460 lakhs, a 13% increase from FY25.

• Operating profit from core AMC business rose 12% YoY to ₹24,490 lakhs.

• Quarterly average AUM grew 14% YoY to ₹1,174.83 billion; closing AUM was ₹1,069 billion, up 3.2% YoY.

• Basic and diluted EPS for FY26 were ₹10.22.

Outlook and guidance

• Focus on sustainable, profitable growth, digital platform investment, and branch expansion.

• Board proposed a final dividend of ₹2.50 per share for FY26, following an interim dividend of ₹1.50 per share.

• Two new fund launches planned for FY26, subject to regulatory approval.

• Impact of new labour codes recognized, with no material future impact expected.