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17 announcements match the current filters (relevance ≥ 5).
UTIAMC Appoints Kotak Veteran Narayan S.A. as Independent Director for 3-Year Term
UTI Asset Management Company (UTIAMC) has appointed Mr. Narayan Subramaniam Ayypankav as an Additional Director in the Independent category for a three-year term effective July 31, 2026. Mr. Narayan brings over 30 years of experience from the Kotak Mahindra Group, where he served as MD & CEO of Kotak Securities and Group President at Kotak Mahindra Bank. This high-profile board addition comes as UTIAMC seeks to deepen its B30 city penetration and scale its Alternatives business. The appointment is subject to shareholder approval and strengthens the board's expertise in retail distribution and commercial banking.
Confidence: HIGH
What changedUTIAMC has added a seasoned financial services veteran from the Kotak Mahindra Group to its Board of Directors as an Independent Director.
Why it mattersThe addition of a high-caliber industry veteran provides strategic depth in retail distribution and commercial banking, which are critical for UTIAMC's volume-driven growth model and its 24.62% market share in the NPS industry.
Term of Appointment: 3 yearsProfessional Experience: 30+ yearsGroup AUM (Sep 2025): Rs 22,41,837 CrTTM Revenue: Rs 1,442 CrMarket Cap: Rs 20,628 Cr
📅 Short termThe appointment of a well-regarded industry veteran is likely to be viewed positively by the market as it strengthens corporate governance and strategic oversight.
📈 Long termStructurally significant as the appointee's experience in scaling retail broking and commercial banking could help UTIAMC navigate SEBI-mandated expense ratio caps through better volume and distribution efficiency.
Key Highlights
Appointment of Mr. Narayan S.A. for a 3-year term from July 31, 2026, to July 30, 2029.
The appointee brings over 30 years of leadership experience across banking, capital markets, and asset management at Kotak Mahindra Group.
Board approval was finalized via circular resolution on July 31, 2026, at 10:51 hrs IST.
Mr. Narayan previously led Kotak Securities to a market leadership position in retail broking.
The appointment aligns with UTIAMC's strategy to manage its Rs 22,41,837 Cr Group AUM and expand its 'Alternatives' capacity.
👀 What to Watch
Investors should watch for the upcoming shareholder resolution to formalize this appointment and monitor if the new director's expertise in retail distribution accelerates UTIAMC's B30 city penetration strategy.
UTIAMC Q1 FY27: Equity AUM reaches 70% of total MF assets; SIP inflows at Rs 2,502 Cr
UTIAMC reported a strong equity-oriented asset mix for Q1 FY27, with 70% of its Rs 3,92,691 Cr Mutual Fund AUM in equity strategies, significantly higher than the industry average of 62%. The company added 3.89 lakh folios and 2.51 lakh new investors during the quarter, bringing the total live folio base to 1.42 crore. Despite gross SIP inflows of Rs 2,502 Cr, management acknowledged market share pressure in AUM due to redemptions in specific strategies facing performance issues. The company is maintaining a cash buffer for potential 'bolt-on' acquisitions in the alternatives or international space, though no active talks are currently underway.
Confidence: HIGH
What changedThe filing provides detailed management commentary on Q1 FY27 performance, specifically highlighting the high equity mix and digital adoption while admitting to market share losses in certain segments.
Why it mattersA high equity mix (70%) typically leads to better yields and margins compared to debt-heavy portfolios; however, the loss of market share indicates competitive pressure and the need for improved fund performance.
MF QAAUM: Rs 3,92,691 CrEquity Mix vs Industry: 70% vs 62%SIP Inflow (Q1): Rs 2,502 CrDigital Transaction Growth: 23.93%Total Group AUM: Rs 20,00,000 Cr
📅 Short termThe market may view the high equity mix and digital growth positively, but concerns over market share loss and redemption pressures in specific funds may temper sentiment.
📈 Long termStructural shift towards financialization and UTI's strong presence in B30 cities (699 districts) support long-term growth, provided investment performance improves to stem redemptions.
⚠ Risk flags
- Market share loss in AUM due to redemptions
- Performance issues in specific large strategies
- High sensitivity to equity market volatility due to 70% equity mix
Key Highlights
Quarterly Average AUM (QAAUM) reached Rs 3,92,691 Cr, nearing the Rs 4 lakh cr milestone.
Equity assets (active and passive) now account for 70% of MF AUM, compared to the industry's 62% ratio.
Digital purchase transactions grew 23.93% YoY to 60.9 lakh in June 2026 from 49.14 lakh in June 2025.
Gross SIP inflows for the quarter stood at Rs 2,502 Cr, with SIP AUM rising 8.05% YoY to Rs 45,595 Cr.
Total Group AUM crossed the Rs 20,00,000 Cr mark as of June 30, 2026.
👀 What to Watch
Monitor the performance turnaround of underperforming equity strategies to see if AUM market share stabilizes. Watch for any concrete M&A announcements regarding the 'Alternatives' or 'International' segments as the company seeks to deploy its cash buffer.
₹294 Cr Consolidated PAT in Q1 FY27; UTI MF QAAUM Grows 9% YoY to ₹3.93 Lakh Cr
UTI AMC reported a 24% YoY increase in consolidated PAT to ₹294 Cr for Q1 FY27. While total Group AUM saw a 6% YoY decline to ₹20.57 lakh crore, the core Mutual Fund QAAUM grew 9% YoY to ₹3,92,691 Cr. The company maintains a superior equity mix of 70% compared to the industry average of 62%, which supports higher management fees. Core PAT (excluding fair value changes) grew 6% YoY to ₹129 Cr, reflecting steady operational performance.
Confidence: HIGH
What changedUTI AMC has reported its Q1 FY27 results, showing a shift towards a higher-margin equity mix and increased digital adoption despite a contraction in total group AUM.
Why it mattersThe 70% equity mix is critical for profitability as equity funds command higher management fees than debt; meanwhile, digital sourcing (81% of SIPs) reduces long-term distribution costs.
Consolidated PAT (Q1 FY27): ₹294 CrUTI MF QAAUM: ₹3,92,691 CrEquity Mix (UTI vs Industry): 70% vs 62%Approved Final Dividend: ₹40 per shareTotal Group AUM: ₹20,56,871 CrQ1 PAT vs TTM PAT: ~29.8%
📅 Short termThe stock may see positive sentiment due to the 24% PAT growth and the high equity asset concentration which protects margins.
📈 Long termStructural growth depends on deepening B30 penetration (where 80% of centers are located) and scaling the Pension Fund business, which currently holds a 24.16% NPS market share.
⚠ Risk flags
- 12% QoQ decline in total Group AUM
- High sensitivity to equity market corrections due to 70% equity AUM concentration
- Intense competition in the passive/ETF segment
Key Highlights
Consolidated PAT for owners grew 24% YoY to ₹294 Cr from ₹237 Cr in the previous year.
UTI MF QAAUM reached ₹3,92,691 Cr, representing a 9% YoY growth and 1% QoQ growth.
Equity-oriented assets (Active + Passive) contribute 70% to total MF AUM, significantly higher than the industry's 62%.
Digital purchase transactions increased by 23.93% YoY to 60.90 lakh transactions.
SIP AUM grew 8.05% YoY to ₹45,595 Cr, with 81% of new SIP registrations sourced digitally.
👀 What to Watch
Investors should monitor the stabilization of the PMS and International AUM segments, which saw declines, and track the sustainability of the 70% equity mix in a volatile market environment.
Rs 20.57 Lakh Cr Group AUM: UTI AMC Reports 6% YoY Core PAT Growth in Q1 FY27
UTI AMC reported a steady Q1 FY27 with Consolidated Core PAT growing 6% YoY to ₹129 crore. Total Group AUM reached ₹20.57 lakh crore, although it saw a 6% YoY decline primarily due to shifts in the PMS segment. A key positive is the high equity-oriented mix at 70% of MF QAAUM, significantly higher than the industry average of 62%. The company also confirmed a final dividend of ₹40 per share, representing a high 95% payout ratio.
Confidence: HIGH
What changedUTI AMC has transitioned into FY27 with a stronger focus on equity assets (70% mix) and digital sourcing, with 81% of new SIPs now coming through digital channels.
Why it mattersThe high equity mix and strong SIP momentum (₹45,595 crore SIP AUM) are critical for margin stability in an environment where SEBI expense ratio caps limit pricing power.
Total Group AUM: ₹20,56,871 crCore PAT (Q1): ₹129 crDividend Per Share: ₹40Equity Mix vs Industry: 70% vs 62%Core PAT vs TTM PAT: ~13.1%
📅 Short termThe stock may see positive sentiment driven by the ₹40 dividend approval and the 24% YoY growth in total PAT (aided by fair value gains).
📈 Long termLong-term value depends on scaling the Pension and Alternative Investment Fund (AIF) businesses to diversify revenue away from pure-play mutual fund management fees.
⚠ Risk flags
- Market volatility risk due to high (70%) equity concentration
- Slight YoY decline in total Group AUM
- Intense competition impacting MF market share (4.72%)
Key Highlights
Total Group AUM stood at ₹20,56,871 crore as of June 30, 2026.
UTI MF QAAUM grew 9% YoY to ₹3,92,691 crore, maintaining a 4.72% market share.
Consolidated Core PAT (excluding fair value changes) rose 6% YoY to ₹129 crore.
Equity-oriented assets (Active + Passive) now comprise 70% of total average AUM.
Approved a final dividend of ₹40 per share, yielding approximately 4.35% on current price.
👀 What to Watch
Investors should monitor the growth in the high-margin 'Alternatives' and 'Pension' segments (NPS market share at 24.16%) and track if the company can arrest the slight decline in overall MF market share which stands at 4.72%.
₹277 Cr Consolidated PAT in Q1 FY27, up 13% YoY; ₹40 Dividend Confirmed
UTIAMC reported a consolidated PAT of ₹276.97 Cr for Q1 FY27, representing a 12.9% growth over ₹245.22 Cr in the same quarter last year. Standalone revenue from operations remained nearly flat at ₹437.72 Cr compared to ₹436.88 Cr YoY. The company successfully reduced standalone employee benefit expenses by 8.5% YoY to ₹92.02 Cr, aiding margins. Shareholders also approved a final dividend of ₹40 per share on July 21, 2026.
Confidence: HIGH
What changedThe filing reports the financial performance for the first quarter of FY27 and confirms the payout of the previously recommended final dividend.
Why it mattersThe results highlight a shift where bottom-line growth is being driven by cost efficiencies and subsidiary performance rather than top-line growth in the core standalone AMC business.
Consolidated PAT: ₹276.97 CrStandalone Revenue: ₹437.72 CrDividend per share: ₹40Standalone PAT vs TTM PAT: ~22.1%Employee Expense Reduction (YoY): 8.5%
📅 Short termThe steady profit growth and high dividend confirmation are likely to provide a floor for the stock price in the near term.
📈 Long termLong-term value depends on the company's ability to leverage its 24.62% NPS market share and scale its private credit/alternatives business to offset fee pressure in mutual funds.
⚠ Risk flags
- Stagnant standalone revenue growth
- High sensitivity to equity market volatility (69% of MF AUM is equity-oriented)
Key Highlights
Consolidated Profit After Tax (PAT) increased 12.9% YoY to ₹276.97 Cr
Standalone revenue from operations was ₹437.72 Cr, showing marginal growth from ₹436.88 Cr YoY
Final dividend of ₹40 per equity share approved by shareholders at the AGM
Standalone employee benefit expenses decreased to ₹92.02 Cr from ₹100.53 Cr in the previous year's quarter
Domestic segment revenue contributed ₹353.33 Cr to the consolidated total
👀 What to Watch
Investors should monitor the growth in the Pension Fund and Alternatives segments, as standalone AMC revenue remains stagnant despite strong market conditions.
UTI AMC Reports FY26 Turnover of ₹1,255 Cr; Dividend Book Closure Set for July 2026
UTI Asset Management Company Limited (UTI AMC) has released its Business Responsibility and Sustainability Report for FY 2025-26, reporting a turnover of ₹1,255.17 crore and a net worth of ₹3,735.05 crore. The company serves over 1.38 crore investor folios, with fund management services contributing 98% of total revenue. A notable operational update includes an elevated attrition rate of 30.6% for the year, primarily driven by 164 exits under a Voluntary Retirement Scheme (VRS) in Q3FY26. Additionally, the company has scheduled a book closure from July 15 to July 21, 2026, for dividend eligibility.
Key Highlights
Total turnover for FY 2025-26 stood at ₹1,255.17 crore with a net worth of ₹3,735.05 crore.
Customer base exceeds 1.38 crore investor folios across 29 Indian states and over 30 international countries.
Attrition rate spiked to 30.6% due to a one-time Voluntary Retirement Scheme (VRS) involving 164 employees.
Strong board diversity reported with 44% female representation (4 out of 9 directors).
Register of Members will remain closed from July 15-21, 2026, for the purpose of dividend payment.
👀 What to Watch
Investors should monitor the dividend record date and note the company's operational restructuring through the VRS, which may lead to improved cost efficiencies in future quarters.
UTI AMC Sets July 14 as Record Date for ₹40 Per Share Final Dividend
UTI Asset Management Company has fixed July 14, 2026, as the record date to determine eligibility for a final dividend of ₹40 per equity share for FY 2025-26. This dividend represents a 400% payout on the face value of ₹10 per share. The payment is subject to shareholder approval at the upcoming 23rd Annual General Meeting. The company's share transfer books will remain closed from July 15 to July 21, 2026, for this purpose.
Key Highlights
Final dividend recommended is ₹40 per equity share for the financial year 2025-26.
Record date for determining shareholder eligibility is fixed as Tuesday, July 14, 2026.
Dividend payout represents 400% of the face value of ₹10 per share.
Book closure period is scheduled from July 15, 2026, to July 21, 2026, both days inclusive.
The dividend will be remitted within applicable regulatory timelines following the 23rd AGM.
👀 What to Watch
Investors interested in the ₹40 dividend should ensure they hold the shares in their demat accounts by the record date of July 14, 2026.
UTI AMC to Hold 23rd AGM on July 21; Recommends Final Dividend of ₹40 Per Share
UTI Asset Management Company has scheduled its 23rd Annual General Meeting for July 21, 2026, to approve the financial results and a significant final dividend. The Board has recommended a final dividend of ₹40 per equity share (400% of face value) for FY 2025-26. Shareholders as of the cut-off date of July 14, 2026, will be eligible for the payout, subject to AGM approval. Other key agenda items include the re-appointment of Mr. Santosh Kumar as Director and M/s. B S R & Co. LLP as Statutory Auditors for a five-year term.
Key Highlights
Recommended final dividend of ₹40 per equity share of ₹10 face value (400% payout).
23rd Annual General Meeting (AGM) scheduled for July 21, 2026, via video conferencing.
Cut-off date for dividend entitlement and e-voting eligibility is July 14, 2026.
Book closure period for dividend processing is from July 15 to July 21, 2026.
Proposed re-appointment of M/s. B S R & Co. LLP as Statutory Auditors for a second 5-year term.
👀 What to Watch
Investors interested in the ₹40 dividend should ensure they hold the stock before the July 14, 2026 cut-off date. The substantial dividend payout indicates a healthy cash position and a shareholder-friendly distribution policy.
UTI AMC FY26 Results: Group AUM Reaches ₹23.42 Lakh Cr; Consolidated Core Income Up 6.5%
UTI AMC reported a steady growth in its Mutual Fund AUM to ₹3.88 lakh crores for FY26, driven by strong SIP inflows and digital adoption. While consolidated core income rose to ₹1,539 crores from ₹1,445 crores, normalized consolidated PAT saw a decline to ₹511 crores compared to ₹731 crores in the previous year. The company successfully renewed major institutional mandates with EPFO and CMPFO for five-year terms, ensuring long-term institutional stability. The pension fund subsidiary remains a high-growth area, managing over ₹4 lakh crores in assets with an 11.8% YoY growth.
Key Highlights
Group AUM stood at ₹23.42 lakh crores, with Mutual Fund AUM growing to ₹3.88 lakh crores in FY26.
Consolidated core income from services increased to ₹1,539 crores, while normalized employee costs stood at ₹528 crores.
SIP inflows for the full year reached ₹9,442 crores, marking a 13.42% year-on-year growth with 76% registrations via digital channels.
Successfully secured 5-year portfolio management mandates from EPFO and CMPFO through open bidding.
UTI Pension Fund AUM reached ₹4.02 lakh crores, representing 24.36% of the total NPS industry AUM.
👀 What to Watch
Investors should monitor the company's ability to improve profit margins as AUM scales, particularly given the decline in consolidated PAT. The retention of large institutional mandates and growth in the high-margin pension business are key positives to watch.
UTI AMC FY26 Core Revenue Up 7% to ₹1,539 Cr; Proposes ₹40 Dividend Per Share
UTI AMC reported an 11% YoY growth in Group AUM to ₹23.42 lakh crore for FY26, driven by strong performance in passive and equity segments. While consolidated PAT fell 45% to ₹404 crore due to lower fair value gains and ₹109 crore in exceptional VRS-related costs, core revenue from operations grew a steady 7% to ₹1,539 crore. The company maintains a robust shareholder return policy, proposing a dividend of ₹40 per share, reflecting a 95% payout ratio. Despite a Q4 loss caused by mark-to-market hits, normalized core PAT for the quarter remained stable at ₹99 crore.
Key Highlights
Total Group AUM reached ₹23.42 lakh crore, marking an 11% YoY increase as of March 2026.
Core Revenue from Sale of Services grew 7% YoY to ₹1,539 crore for the full financial year.
Proposed a final dividend of ₹40 per share, maintaining a high dividend payout ratio of 95%.
Passive AUM (ETFs & Index funds) demonstrated strong growth of 24.86% YoY to ₹1.77 lakh crore.
FY26 profitability was impacted by one-time exceptional items totaling ₹109 crore related to VRS and pension settlements.
👀 What to Watch
Investors should look past the volatile headline PAT, which was affected by non-cash MTM losses and one-time VRS costs, and focus on the stable core revenue growth. The high dividend yield and dominant position in the growing passive fund segment make it a steady play for income-seeking investors.
UTI AMC FY26 Results: Group AUM Hits ₹23.42 Lakh Cr; Proposes ₹40 Dividend per Share
UTI AMC reported an 11% YoY growth in total Group AUM to ₹23.42 lakh crore for FY26, driven by strong performance in passive funds and NPS. While core revenue from services grew 7% to ₹1,539 crore, consolidated PAT fell 45% to ₹404 crore, largely due to ₹109 crore in exceptional items related to VRS and pension costs. The company maintained a high dividend payout ratio of 95%, proposing ₹40 per share. Digital adoption remains a key strength, with 47.82% of equity and hybrid sales coming through online channels.
Key Highlights
Total Group AUM grew 11% YoY to ₹23.42 lakh crore, with UTI MF QAAUM rising 14% to ₹3.88 lakh crore.
Consolidated PAT declined 45% YoY to ₹404 crore, impacted by ₹109 crore in exceptional items and lower fair value gains.
Proposed a final dividend of ₹40 per share for FY26, maintaining a high payout ratio of 95%.
Passive AUM (ETFs & Index funds) showed robust growth of 24.86% YoY, reaching ₹1.77 lakh crore.
Core revenue from sale of services increased 7% YoY to ₹1,539 crore, indicating steady operational growth.
👀 What to Watch
Investors should look past the one-time VRS-related hit to profitability and focus on the steady 7% growth in core service revenue and strong AUM momentum. The stock remains a high-dividend-yield play with a 95% payout ratio.
UTI AMC Recommends ₹40 Final Dividend; FY26 Standalone Net Profit at ₹539.75 Crore
UTI Asset Management Company has recommended a final dividend of ₹40 per equity share for FY26, subject to shareholder approval. The company reported a standalone net profit of ₹539.75 crore for the full year ended March 31, 2026, compared to ₹653.52 crore in the previous year. Profitability was significantly impacted by a one-time exceptional item of ₹108.49 crore related to a Voluntary Retirement Scheme (VRS) and Labour Codes. Despite the profit dip, revenue from operations remained stable at ₹1,475.54 crore for the fiscal year.
Key Highlights
Recommended a final dividend of ₹40 per equity share for the financial year 2025-26.
FY26 standalone net profit decreased by 17.4% to ₹539.75 crore from ₹653.52 crore in FY25.
Q4 FY26 standalone profit stood at ₹33.72 crore, down from ₹124.02 crore in the year-ago period.
Recognized an exceptional expense of ₹108.49 crore in FY26 due to VRS 2025 and Labour Code impacts.
Total standalone revenue from operations for FY26 grew marginally to ₹1,475.54 crore from ₹1,449.21 crore.
👀 What to Watch
Investors should note the high dividend payout but evaluate the underlying profit decline caused by one-time VRS costs. Long-term outlook remains tied to AUM growth and operational efficiency post-restructuring.
UTIAMC FY26 PAT at ₹539.75 Cr; Recommends Final Dividend of ₹40 Per Share
UTI Asset Management Company reported a standalone profit after tax of ₹539.75 crore for FY26, down from ₹653.52 crore in the previous fiscal year. The earnings were significantly impacted by an exceptional item of ₹108.49 crore related to a Voluntary Retirement Scheme (VRS) and Labour Code adjustments. Despite the lower profit, the company maintained a strong shareholder payout, recommending a final dividend of ₹40 per share. Annual revenue from operations saw a marginal increase to ₹1,475.54 crore compared to ₹1,449.21 crore in FY25.
Key Highlights
Recommended a final dividend of ₹40 per equity share for the financial year ended March 31, 2026.
Standalone Profit After Tax (PAT) for FY26 stood at ₹539.75 crore, a 17.4% decline year-on-year.
Q4 FY26 standalone PAT dropped sharply to ₹33.72 crore from ₹124.02 crore in the year-ago period.
Reported an exceptional expense of ₹108.49 crore on account of VRS 2025 and Labour Codes.
Full-year revenue from operations grew slightly to ₹1,475.54 crore from ₹1,449.21 crore.
👀 What to Watch
Investors should look past the one-time VRS impact to assess core operational efficiency, while the high dividend yield remains a positive for income-seeking portfolios.
UTIAMC Appoints Vetri Subramaniam as MD & CEO Effective February 1, 2026
UTI Asset Management Company has announced a leadership transition as Mr. Imtaiyazur Rahman completes his tenure as MD & CEO on January 31, 2026. Mr. Vetri Subramaniam is set to take charge as the new Managing Director & Chief Executive Officer starting February 1, 2026. In conjunction with this change, the company has updated its list of Key Managerial Personnel (KMPs) authorized to determine the materiality of events under SEBI regulations. This transition represents a significant shift in the top leadership of one of India's prominent asset management firms.
Key Highlights
Mr. Imtaiyazur Rahman to complete his tenure as MD & CEO on January 31, 2026
Mr. Vetri Subramaniam to take charge as MD & CEO effective February 1, 2026
Revised KMP list for materiality determination includes the new CEO, CFO Vinay Lakhotia, and CS Arvind Patkar
Disclosure made in compliance with Regulation 30(5) of SEBI (LODR) Regulations, 2015
👀 What to Watch
Investors should monitor the strategic direction and any potential changes in investment philosophy under the new leadership. No immediate portfolio action is required as this appears to be a planned leadership succession.
UTI AMC Q3 PAT Falls 20% to ₹121 Cr on VRS Costs; Core Revenue Up 7% in 9M FY26
UTI AMC reported a 20% YoY decline in Q3 FY26 PAT to ₹121 crore, largely due to one-time exceptional items of ₹109 crore related to a Voluntary Retirement Scheme (VRS). Despite the net profit dip, the core business remains resilient with 9M FY26 core revenue growing 7% YoY to ₹1,164 crore. Mutual Fund QAAUM grew 11.75% YoY to ₹3.94 lakh crore, though market share slightly moderated to 4.86%. The company continues to see strong traction in digital channels and SIP books, with SIP AUM rising 16.64% YoY.
Key Highlights
Q3 FY26 Consolidated PAT stood at ₹121 crore, down 20% YoY, impacted by ₹109 crore in exceptional VRS and pension-related costs.
UTI Mutual Fund QAAUM increased 11.75% YoY to ₹3,93,809 crore, while total Group AUM reached ₹23.15 lakh crore.
Core Revenue from sale of services for 9M FY26 grew by 7% YoY to ₹1,164 crore, indicating steady operational growth.
SIP AUM grew 16.64% YoY to ₹44,752 crore, with 93% of the SIP book having a tenure of more than 5 years.
Operating margins for 9M FY26 stood at 14 bps, while the company maintained a high digital sales contribution of 89.04%.
👀 What to Watch
Investors should treat the PAT decline as a one-time event due to VRS costs and focus on the steady growth in core revenue and AUM. Watch for margin expansion in upcoming quarters as the benefits of reduced employee costs from the VRS program begin to materialize.
UTI AMC Q3 FY26: Group AUM Hits ₹23.15 Lakh Cr; 9M Normalised PAT Down 12% to ₹567 Cr
UTI AMC reported a 11.44% YoY growth in Total Group AUM to ₹23.15 lakh crore for 9M FY26, driven by steady growth in mutual funds and pension businesses. Consolidated PAT for 9M FY26 declined by 27% YoY to ₹471 crore, largely due to a ₹109 crore exceptional charge related to VRS ex-gratia and pension revisions. Excluding these one-time items, Normalised PAT stood at ₹567 crore, down 12% YoY. Despite profit pressure, the company saw its SIP AUM grow by 16.64% YoY to ₹44,752 crore, maintaining a strong 4.86% market share in MF QAAUM.
Key Highlights
Total Group AUM reached ₹23.15 lakh crore, with UTI MF QAAUM growing 11.75% YoY to ₹3,93,809 crore.
9M FY26 Consolidated PAT fell 27% YoY to ₹471 crore, impacted by a ₹109 crore exceptional item for VRS and labor code changes.
Core Revenue from Sale of Services grew 7% YoY to ₹1,164 crore for the nine-month period ended December 2025.
SIP AUM increased to ₹44,752 crore, with monthly gross SIP inflows reaching ₹819 crore in December 2025.
NPS AUM market share remains significant at 24.42%, while Passive AUM grew 17.41% YoY to ₹1,74,888 crore.
👀 What to Watch
Investors should monitor if the recent VRS-related cost rationalization leads to improved operating margins in future quarters. While AUM growth remains healthy, the decline in normalized profits indicates ongoing pressure on yields and competitive intensity in the AMC sector.
UTI AMC Q3 Standalone Revenue Up 28% YoY; PAT Impacted by ₹108 Cr Exceptional VRS Charge
UTI Asset Management Company reported a standalone revenue of ₹423.12 crore for the quarter ended December 31, 2025, marking a 28.5% growth over the same period last year. However, Profit After Tax (PAT) for the quarter stood at ₹123.68 crore, down from ₹142.49 crore YoY, primarily due to a significant one-time exceptional expense. The company recognized a charge of ₹108.49 crore related to a Voluntary Retirement Scheme (VRS) and adjustments for New Labour Codes. Despite the bottom-line impact, core operational revenue showed strong momentum compared to both the previous quarter and the previous year.
Key Highlights
Standalone Revenue from operations grew 28.5% YoY to ₹423.12 crore from ₹329.13 crore.
Recognized a one-time exceptional item of ₹108.49 crore, including ₹104.28 crore for VRS and ₹4.21 crore for New Labour Codes.
Standalone PAT declined to ₹123.68 crore compared to ₹166.21 crore in the preceding quarter (Q2 FY26).
184 employees opted for the Voluntary Retirement Scheme, which is expected to optimize long-term employee costs.
Granted 5,48,522 stock options to eligible employees at a grant price of ₹1,145.20 per share.
👀 What to Watch
Investors should view the decline in PAT as a temporary setback caused by a one-time restructuring cost that will likely improve operational efficiency in the long run. The strong double-digit growth in revenue from operations remains a positive indicator of the company's core business health.
