UTI Asset Management Company (UTIAMC) Q2 26/27 earnings summary

Executive summary

• H1 FY27 consolidated core income was ₹777 crore, up 1% YoY, and core PAT was ₹263 crore, up 15%; mutual-fund QAAUM reached ₹4,02,337 crore, up 6.32% YoY.

• Group AUM was ₹16,28,189 crore at September 2026; reported declines reflected EPFO's February 2026 reallocation after expanding its fixed-income mandate to four managers.

• Mission 2031 priorities include AUM growth, stronger SIPs, wider distribution, digital capabilities and improved investor outcomes.

• Board approved unaudited Q2 and H1 results; limited reviews found no matters indicating material misstatement.

Financial highlights

• Q2 consolidated core income was ₹398 crore, up 2% YoY and 5% QoQ; core PAT was ₹131 crore, up 22% YoY. Revenue from operations was ₹414.59 crore and attributable profit ₹132.31 crore.

• H1 consolidated core income was ₹777 crore, up 1% YoY, and core PAT ₹263 crore, up 15%; revenue from operations was ₹983.36 crore and attributable profit ₹426.17 crore.

• Standalone Q2 revenue from operations was ₹336.63 crore versus ₹390.22 crore YoY; reported profit was ₹143.10 crore versus ₹166.21 crore, while core PAT rose 31% to ₹136 crore.

• Standalone H1 revenue from operations was ₹770.48 crore versus ₹827.10 crore; reported profit was ₹360.90 crore versus ₹382.34 crore, while core PAT rose 14% to ₹253 crore.

Outlook and guidance

• FY 2027 employee-cost guidance remained ~₹95 crore per quarter standalone and ~₹130 crore consolidated.

• H2 priorities include stronger industry-flow participation and SIPs, greater distribution productivity, sustained investment capabilities and improved operating efficiency.

• Two international fund launches are planned by end-Q3 or Q4; UTI Classic Hybrid Long Short Fund is planned for Q3 FY 2027, with further SIF launches subject to demand and market conditions.

• Passive AUM growth may modestly dilute weighted-average revenue yield, while incremental passive growth can lift PAT margins given limited additional operating costs.