HDFC Asset Management Company (HDFCAMC) Q1 26/27 earnings summary

Executive summary

• Quarterly average AUM reached INR 9.35 trillion (₹9,351 billion), up 13% YoY, with a market share of 11.2%.

• Actively managed equity-oriented QAUM rose 16% YoY to INR 5.74 trillion, with a 12.8% market share and equity assets forming 65.7% of QAUM.

• Profit after tax for the quarter was INR 8.4 billion (₹837.13 crore), up 12% YoY.

• Unique investor base increased to 17.1 million, with 0.46 million added during the quarter; digital transactions accounted for 98%.

• Alternatives AUM reached INR 148 billion, with new fund launches and marquee global investor commitments.

Financial highlights

• Revenue from operations grew 14% YoY to INR 11 billion (₹1,099.72 crore); total income was ₹1,362.56 crore.

• Total costs for the quarter were INR 2.7 billion (₹273.54 crore), up from INR 2.1 billion YoY.

• Operating profit increased 10% YoY to INR 8.28 billion, with an operating margin of 35 bps of AUM.

• Profit before tax rose 11% YoY to ₹1,089.02 crore.

• Dividend per share for FY26 was ₹54, with a payout ratio of 81%.

Outlook and guidance

• Management remains constructive on long-term opportunities, focusing on digital capabilities, ESG integration, and expanding product offerings.

• No material impact from the recent cyber-security incident on business continuity or financial results.

• No specific growth or margin guidance provided.