UTI Asset Management Company (UTIAMC) Q4 25/26 earnings summary

Executive summary

• Achieved strong execution on strategic priorities, including retail flow growth, distribution expansion, product launches, and digital transformation, with digital initiatives driving operational efficiency and investor experience.

• Added 7.16 lakh new investors in FY 2026, with 76% of new SIPs via digital channels.

• Consolidated AUM reached ₹23.42 lakh crore, up 11% YoY, with MF QAAUM at ₹3.88 lakh crore, up 14% YoY.

• Equity assets contributed 70% to MF AUM, with a 70:30 equity to non-equity ratio, outperforming the industry.

• Audited standalone and consolidated financial results for the year ended March 31, 2026, were approved, with an unmodified audit opinion issued by the statutory auditors.

Financial highlights

• Mutual fund AUM rose to INR 3.88 lakh crore from INR 3.39 lakh crore year-over-year; consolidated AUM reached ₹23.42 lakh crore, up 11% YoY.

• Standalone core income for FY 2026 was INR 1,255 crore, up from INR 1,180 crore in FY 2025; consolidated core income was ₹1,539 crore, up 7% YoY.

• Normalized core PAT (consolidated) for FY 2026 was INR 452 crore, down from INR 492 crore in FY 2025; standalone net profit was ₹539.75 crore, down from ₹653.52 crore.

• Dividend of INR 40 per share declared for FY 2026, subject to shareholder approval.

• Basic EPS (standalone) for FY 2025-26 was ₹42.09, compared to ₹51.24 in the previous year.

Outlook and guidance

• Focus remains on sustainable growth, market penetration, cost discipline, and leveraging technology for operational efficiency.

• Employee cost run-rate expected at INR 90–95 crore per quarter (standalone) and INR 125–130 crore (consolidated) for FY 2027.

• Other administrative expenses projected to rise 7–8% (standalone) and up to 10% (consolidated) in FY 2027.

• Continued investments in technology, digital platforms, and product innovation to drive future growth.

• The company continues to monitor regulatory changes, including the implementation of new labour codes, and will review estimates and assumptions on an ongoing basis.