ICICI Prudential Asset Management Company (ICICIAMC) Q4 25/26 earnings summary

Executive summary

• Quarterly average AUM rose 2.6% sequentially and 25.6% year-over-year to INR 11.05 trillion, maintaining the second-largest AMC position with a 13.5% market share.

• Largest market share in active schemes (13.7%) and equity/equity-oriented schemes (14.2%) as of March 31, 2026.

• Unique customer base reached 70 million, with strong digital and fintech-driven growth, especially among young investors.

• Expanded presence with new offices in Dubai (DIFC) and GIFT City IFSC, and launched new fund offerings including inbound and specialized investment funds.

• Audited financial results for the quarter and year ended March 31, 2026, were approved, showing strong growth in revenue and profit year-over-year.

Financial highlights

• FY26 revenue from operations rose 23.1% year-over-year to ₹57,646.3 mn; total income up 20.5%.

• Operating profit before tax increased 30.2% year-over-year to INR 11.28 billion; profit after tax was INR 7.63 billion, up 10.4% year-over-year but down 16.8% sequentially.

• Profit after tax for FY26 increased 24.4% year-over-year to ₹32,982.6 mn.

• Q4 FY26 revenue from operations grew 19.5% year-over-year; profit for the period up 10.4%.

• Return on equity for FY26 stood at 85.8%.

Outlook and guidance

• No significant change in ground-level SIP and lump sum inflow trends between March and April; long-term equity investment sentiment remains positive despite market volatility.

• Regulatory changes to TER from April 1 expected to have a 3-4 basis point impact; full effect to be assessed in coming months.

• Continued focus on profitable growth, digital innovation, and expanding alternate investment offerings.

• Strategic expansion in the Gulf region and GIFT City to capture new opportunities.

• The company will provide investment management services to new Category II AIFs from April 1, 2026, following a business transfer from ICICI Venture.