Aditya Birla Sun Life AMC Limited (ABSLAMC)
₹971.95 -0.98% last close, 16 Oct
Q2 FY27 results
📅 Next results: 21 Oct 2026 (board meeting)Aditya Birla Sun Life AMC Limited's board meets on 21 Oct 2026 to consider its Q2 FY27 results (July-September 2026).
In its latest reported quarter, Q3 FY26, Aditya Birla's net interest income was ₹477 Cr (+7.5% year on year, +3.7% on the previous quarter), and net profit ₹270 Cr (+20.1% year on year).
| Q3 FY26 (₹ Cr) | Value | YoY vs Q3 FY25 | QoQ |
|---|---|---|---|
| Net interest income | ₹477 | +7.5% | +3.7% |
| Operating profit | ₹361 | +20.4% | +14.4% |
| Net profit | ₹270 | +20.1% | +11.7% |
| EPS (₹) | 9.33 | +19.9% | +11.6% |
ABSLAMC delivery percentage
NSE end-of-day data for
On Fri, 16 Oct 2026, 46.13% of the ABSLAMC shares traded on NSE were taken to delivery, against the stock's own 20-session average of 49.78%. That is close to its usual level.
Delivery in the last 5 sessions: 47.6% · 44.1% · 59.5% · 47.3% · 46.1%
A description of what the exchange published, not a recommendation. Names such as "accumulation" or "long buildup" label a pattern in the numbers. How delivery is analysed
📢 Recent Corporate Announcements
Aditya Birla Sun Life AMC has announced the appointment of Rishi Awasthi as Chief Information Security Officer (CISO) and Senior Management Personnel, effective October 1, 2026. He succeeds Basil Dange, who resigned due to personal reasons with effect from the close of business hours on September 25, 2026. Awasthi brings over 14 years of BFSI and cyber risk experience and has been with Aditya Birla Capital since May 2023. This is an orderly succession for an operational role and carries no direct financial impact on the company.
- Appointment of Rishi Awasthi as CISO and SMP effective October 1, 2026
- Resignation of outgoing CISO Basil Dange effective close of business hours September 25, 2026
- Incoming CISO brings over 14 years of experience across BFSI, Technology, Telecom, and Consulting
Aditya Birla Sun Life AMC has announced the appointment of Mr. Rishi Awasthi as Chief Information Security Officer (CISO) and Senior Management Personnel, effective October 1, 2026. This follows the resignation of current CISO Mr. Basil Dange due to personal reasons, which takes effect on September 25, 2026. Mr. Awasthi brings over 14 years of BFSI and cyber risk experience, having been with parent Aditya Birla Capital Limited since May 2023. Given the administrative nature of this functional IT leadership transition, it has no direct financial impact on the company's TTM revenue of ₹2,135 Cr or operations.
- Appointment of Rishi Awasthi as CISO and SMP effective October 1, 2026.
- Resignation of outgoing CISO Basil Dange accepted, effective September 25, 2026.
- Incoming CISO Rishi Awasthi holds over 14 years of experience across BFSI, Technology, Telecom, and Consulting.
- Mr. Awasthi has been associated with Aditya Birla Capital Limited since May 2023.
Aditya Birla Sun Life AMC Limited has notified exchanges that its representatives will attend the Anand Rathi Annual Flagship Conference G-200 Summit 2026 on September 22, 2026. The interactions will include one-on-one and group meetings in person in Mumbai. The company confirmed that no Unpublished Price Sensitive Information (UPSI) will be shared during these interactions. With a current market cap of Rs 30,550 Cr and TTM revenue of Rs 2,135 Cr, this is a standard investor relations engagement.
- Scheduled date of conference: September 22, 2026
- Event: Anand Rathi Annual Flagship Conference G-200 Summit 2026
- Format: In-person one-on-one and group meetings in Mumbai
- Company affirmed zero Unpublished Price Sensitive Information (UPSI) will be shared
Aditya Birla Sun Life AMC Limited has notified exchanges of its scheduled participation in the Jefferies 5th India Forum on September 16, 2026. The conference will be held in person in Gurgaon and will include both one-on-one and group meetings. The company confirmed that no unpublished price-sensitive information (UPSI) will be shared during the sessions. Given the purely administrative nature of investor conference intimations, this development does not affect ongoing operations or reported financials (TTM Revenue of ₹2,135 Cr, PAT of ₹1,016 Cr).
- Participation scheduled for September 16, 2026
- Attending the Jefferies 5th India Forum in person at Gurgaon
- Interaction format includes both one-on-one and group meetings
- Explicitly stated that no Unpublished Price Sensitive Information (UPSI) will be discussed
Aditya Birla Sun Life AMC Limited has been assigned an Environmental, Social, and Governance (ESG) rating of '72' under the 'Leader' category for FY 2025-26 by NSE Sustainability Ratings and Analytics Limited. The rating was received by the company on September 2, 2026. ABSLAMC noted that it did not engage the agency, and the rating was independently prepared using publicly available information. The disclosure is routine and carries no direct financial or operational impact on the asset manager's ₹2,135 Cr TTM revenue base.
- Assigned an ESG rating score of '72' under the 'Leader' category for FY 2025-26
- Rating issued independently by SEBI-registered NSE Sustainability Ratings and Analytics Limited
- Rating received on September 2, 2026, without direct engagement or mandate by the company
- Filing made pursuant to SEBI Master Circular dated January 30, 2026
Aditya Birla Sun Life AMC Limited has informed the exchanges regarding its scheduled participation in an investor conference. The company's representatives will attend 'Ashwamedh - Elara India Dialogue 2026' on September 2, 2026, in Mumbai. The meetings will be held in person via one-on-one and group formats. The company confirmed that no unpublished price sensitive information (UPSI) will be shared during the sessions.
- Conference scheduled for September 2, 2026, in Mumbai
- Participating in 'Ashwamedh - Elara India Dialogue 2026'
- Format includes both one-on-one and group in-person meetings
- No unpublished price sensitive information (UPSI) will be disclosed
Aditya Birla Sun Life AMC Limited has approved the allotment of 94,752 equity shares of face value Rs 5 each pursuant to the exercise of Restricted Stock Units and Stock Options under ESOP Scheme 2021. Following the allotment, the company's paid-up equity share capital increased marginally from Rs 144.63 crore (28,92,63,746 shares) to Rs 144.68 crore (28,93,58,498 shares). The resulting equity dilution is negligible at approximately 0.033% of the pre-allotment share base.
- Allotted 94,752 equity shares of face value Rs 5 each on August 18, 2026
- Paid-up equity share capital expanded from Rs 1,44,63,18,730 to Rs 1,44,67,92,490
- Total share count increased from 28,92,63,746 to 28,93,58,498 equity shares
- Dilution impact is minimal at approximately 0.033% of total equity
Aditya Birla Sun Life AMC Limited (ABSLAMC) has scheduled its participation in the Motilal Oswal 22nd Annual Global Investor Conference on August 19, 2026. The engagement will involve one-on-one and group meetings in person in Mumbai. As a company with a market capitalization of Rs 29,433 Cr and total AUM of Rs 4,60,800 Cr, such interactions are standard practice for institutional engagement. The company has explicitly stated that no unpublished price sensitive information (UPSI) will be shared during these sessions.
- Investor conference scheduled for August 19, 2026, in Mumbai
- Participation in the Motilal Oswal 22nd Annual Global Investor Conference
- Format includes both one-on-one and group meetings
- Company manages a total AUM of Rs 4,60,800 Cr as of Q2 FY26
- Equity AUM mix stands at 45.3%, which is a key driver for management fee income
Aditya Birla Sun Life AMC (ABSLAMC) has informed the exchanges that its representatives will not participate in the Avendus Spark INDX - Asia Edition 2026 conference in Singapore, originally scheduled for August 13-14, 2026. The company cited "certain exigencies" for the cancellation of these one-on-one and group meetings. This is a routine administrative update and does not impact the company's core operations or its significant AUM of Rs 4,60,800 Cr. Such scheduling changes are common and typically do not reflect on the company's financial health.
- Cancellation of participation in the Avendus Spark INDX - Asia Edition 2026 conference.
- The event was scheduled for August 13, 2026, and August 14, 2026.
- Meetings were intended to be in-person group and one-on-one sessions in Singapore.
- Company maintains a large scale with Total QAAUM of Rs 4,60,800 Cr as of Q2 FY26.
Aditya Birla Sun Life AMC Limited (ABSLAMC) has scheduled participation in the Avendus Spark INDX - Asia Edition 2026 conference. The event will involve one-on-one and group meetings with institutional investors in Singapore on August 13 and 14, 2026. The company has explicitly stated that no unpublished price sensitive information (UPSI) will be shared during these interactions. This is a standard investor relations activity for a company with a market cap of Rs 29,560 Cr.
- Scheduled participation in Avendus Spark INDX - Asia Edition 2026 on August 13-14, 2026
- Meetings to be held in person in Singapore
- Format includes both one-on-one and group interactions
- Company manages a total AUM of Rs 4,60,800 Cr as of Q2 FY26
- No unpublished price sensitive information (UPSI) to be disclosed per the filing
Aditya Birla Sun Life AMC (ABSLAMC) has received an Environmental, Social, and Governance (ESG) rating of 67 and a Core ESG rating of 72 from CRISIL for the fiscal year 2026. Notably, the company did not engage CRISIL for this rating; it was independently prepared by the agency using public domain information. While these ratings do not impact the company's creditworthiness or debt costs (D/E is low at 0.02), they serve as a benchmark for institutional investors. The company continues to manage a significant AUM of ₹4,60,800 Cr as of Q2 FY26.
- Assigned an ESG rating of 'Crisil ESG 67' for the fiscal year 2026
- Assigned a 'Crisil Core ESG 72' rating based on public domain data
- The rating was independently prepared by Crisil ESG Ratings & Analytics Limited without company engagement
- Company manages a total AUM of ₹4,60,800 Cr with a 15% YoY growth as of Q2 FY26
- Information was received by the company on July 31, 2026
Aditya Birla Sun Life AMC (ABSLAMC) has approved the grant of 10,47,468 equity-linked instruments to eligible employees. This includes 8,53,740 Stock Options with an exercise price of ₹1,017.5 and 1,93,728 Performance Stock Units (PSUs) at ₹5. The grants will vest in three equal annual installments of 33.33% starting from 2027 through 2029. Given the company's current equity base, the total potential dilution from this grant is approximately 0.36%.
- Total of 10,47,468 equity shares covered under the new grant
- 8,53,740 Stock Options issued at an exercise price of ₹1,017.5
- 1,93,728 PSUs issued at a face value exercise price of ₹5
- Vesting schedule is 33.33% annually over three years (2027-2029)
- Exercise period extends up to 5 years from the date of vesting
Aditya Birla Sun Life AMC (ABSLAMC) shareholders have officially approved a final dividend of ₹25.50 per equity share for FY26, representing a high payout ratio against the TTM EPS of ₹35.20. All six resolutions, including the re-appointment of two Independent Directors for five-year terms starting January 2027, were passed with the requisite majority. Notably, the re-appointment of Independent Director Ramesh Abhishek saw significant institutional opposition, with 66.8% of institutional votes cast against the resolution, though it passed with 89.1% total support. The company continues to target a 15% growth rate, supported by its ₹4,60,800 Cr QAAUM as of Q2 FY26.
- Final dividend of ₹25.50 per equity share (510% of face value) approved for FY26.
- Total QAAUM reached ₹4,60,800 Cr in Q2 FY26, marking a 15% YoY growth.
- Resolution for re-appointment of Independent Director Ramesh Abhishek passed with 89.13% total votes despite 66.82% institutional dissent.
- PMS/AIF QAAUM grew 8x YoY to ₹30,300 Cr following the ESIC mandate.
- Individual investors now account for 48% of Mutual Fund AUM, totaling ₹2,06,600 Cr.
Aditya Birla Sun Life AMC (ABSLAMC) reported a landmark quarter for Q1 FY27, with total closing AUM crossing the ₹10 lakh crore milestone as of June 30, 2026. This was significantly bolstered by a massive ₹6.08 lakh crore mandate from the EPFO. While overall average AUM grew 42% YoY to ₹6.28 lakh crore, the core Mutual Fund QAAUM grew at a slower pace of 6% YoY to ₹4.28 lakh crore. The company's equity mix improved to 46.5%, which is critical for margins given the TTM PAT of ₹1,016 crore and high OPM of 63.4%.
- Total closing AUM surpassed the ₹10 lakh crore milestone as of June 30, 2026
- Secured a landmark EPFO mandate of approximately ₹6.08 lakh crore
- Overall Average AUM (including Alternates) grew 42% YoY to ₹6.28 lakh crore
- Equity Mutual Fund QAAUM reached ₹1.99 lakh crore, up 10% YoY
- Monthly SIP contribution for June 2026 stood at ₹1,085 crore with 5.5 lakh new registrations in Q1
Aditya Birla Sun Life AMC (ABSLAMC) has released the audio recording of its earnings conference call held on July 21, 2026. The call discussed the unaudited financial results for the quarter ended June 30, 2026 (Q1 FY27). With a TTM revenue of Rs 2,135 Cr and a market cap of Rs 30,109 Cr, the company is a major player in the asset management space. Investors can access the recording to hear management's outlook on its Rs 4,60,800 Cr AUM and the growth of its high-margin PMS/AIF segments.
- Earnings conference call held on July 21, 2026, at 4:00 p.m. IST.
- Covers the unaudited financial results for the quarter ended June 30, 2026.
- Company manages a total AUM of Rs 4,60,800 Cr as of recent reporting periods.
- Individual investors represent 48% of the Mutual Fund AUM, totaling Rs 2,06,600 Cr.
Financial Performance
Revenue Growth by Segment
Revenue from Operations for Q2 FY26 reached INR 461.3 Cr, representing a 9% YoY growth compared to INR 424.2 Cr in Q2 FY25. For the half-year (H1 FY26), revenue was INR 908.7 Cr, up 12% YoY from INR 810.8 Cr, driven by an 11% YoY increase in Mutual Fund QAAUM.
Geographic Revenue Split
B-30 (Beyond Top 30 cities) monthly AAUM contributed 17.5% of total Mutual Fund AUM, reaching INR 74,900 Cr as of September 2025, a 5% YoY increase. The company operates through 300+ locations, with over 80% situated in B-30 cities to capture semi-urban growth.
Profitability Margins
Operating Profit Margin for Q2 FY26 stood at 58.6%, improving from 56.4% in Q2 FY25 as operating profit grew 13% YoY to INR 270.4 Cr. However, Net Profit Margin (PAT) for Q2 FY26 was 52.3%, down from 65.3% YoY, primarily due to a 53% decline in Other Income to INR 45.2 Cr.
EBITDA Margin
Operating Profit grew 13% YoY to INR 270.4 Cr in Q2 FY26. Core profitability remains strong with H1 FY26 operating profit at INR 524.9 Cr, up 17% YoY, reflecting better scale and cost control as total expenses only rose 6% YoY.
Capital Expenditure
Not disclosed in available documents. As an asset-light AMC, capital expenditure is primarily focused on technology and digital infrastructure, reflected in Depreciation and Amortization of INR 10.8 Cr for Q2 FY26 (up 11% YoY).
Credit Rating & Borrowing
ABSLAMC is co-owned by Aditya Birla Capital Limited (44.94% stake) and Sun Life (India) AMC Investments Inc. (29.96%). The company maintains a strong credit profile backed by these promoters; specific borrowing costs are not disclosed as the firm operates with minimal debt.
Operational Drivers
Raw Materials
Not applicable for asset management; however, Human Capital is the primary driver, with Employee Benefits Expense accounting for INR 95.1 Cr in Q2 FY26, representing 49.8% of total expenses.
Import Sources
Not applicable for service-based asset management operations.
Key Suppliers
Not applicable; the company relies on a distribution network of 92,000+ KYD-compliant Mutual Fund Distributors (MFDs), 360 National Distributors, and 90+ Banks.
Capacity Expansion
Total Quarterly Average Assets Under Management (QAAUM) reached INR 4,60,800 Cr in Q2 FY26, a 15% YoY growth. Mutual Fund QAAUM stood at INR 4,25,200 Cr, while PMS/AIF QAAUM grew 8x YoY to INR 30,300 Cr following the ESIC mandate.
Raw Material Costs
Employee costs (the primary 'input' cost) rose 6% YoY to INR 95.1 Cr in Q2 FY26. Fees and Commission expenses increased 20% YoY to INR 14.5 Cr, reflecting higher payouts for asset sourcing.
Manufacturing Efficiency
Folio productivity is a key metric; the company serviced 10.7 million folios as of Sep 30, 2025, a 5% YoY increase. Monthly SIP contributions stood at INR 1,100 Cr with 3.90 million active accounts.
Logistics & Distribution
Distribution costs are reflected in Fees and Commission Expense, which stood at 3.1% of total revenue in Q2 FY26, up from 2.8% YoY due to increased focus on sourcing equity assets.
Strategic Growth
Expected Growth Rate
15%
Growth Strategy
Growth will be driven by the new EPFO debt portfolio mandate (5-year term), expansion of the Alternates business (PMS/AIF grew 8x YoY), and a focus on B-30 cities which currently comprise 17.5% of AUM. The company is also launching new products like the ABSL India Equity Innovation Fund and Structured Opportunities Fund II.
Products & Services
Mutual fund schemes (Equity, Debt, Liquid, ETF), Portfolio Management Services (PMS), Alternative Investment Funds (AIF), and Real Estate Investment offerings.
Brand Portfolio
Aditya Birla Sun Life Mutual Fund, ABSLAMC, Aditya Birla Capital.
New Products/Services
Launched ABSL Structured Opportunities Fund II and preparing for ABSL India Equity Innovation Fund; new SIP registrations reached 5.82 lakh in Q2 FY26 to bolster long-term sticky capital.
Market Expansion
Targeting 'Emerging Markets' through 100+ dedicated locations and a Virtual Relationship Manager (VRM) channel to increase penetration beyond the current 300+ locations.
Market Share & Ranking
Mutual Fund QAAUM market share stood at 5.7% as of March 2025; the company is one of the leading asset managers in India with INR 4,60,800 Cr in total AUM.
Strategic Alliances
Joint venture between Aditya Birla Capital Limited and Sun Life (India) AMC Investments Inc.; recently selected by EPFO to manage its debt portfolio.
External Factors
Industry Trends
The industry is shifting toward Systematic Investment Plans (SIPs), with industry flows reaching INR 29,361 Cr in Sep 2025. ABSLAMC is positioning itself with a monthly SIP book of INR 1,100 Cr.
Competitive Landscape
Competes with other large AMCs; industry Individual AUM mix is 60.7% vs ABSLAMC's 48%, indicating room for growth in the retail segment.
Competitive Moat
Moat is derived from the 'Aditya Birla' brand trust, a massive distribution network of 92,000+ MFDs, and a strong presence in B-30 cities (80% of locations), which are harder for newer players to penetrate.
Macro Economic Sensitivity
Highly sensitive to capital market performance and interest rate cycles; Industry QAAUM grew 16% YoY to INR 77.13 lakh Cr, setting a high benchmark for competitive growth.
Consumer Behavior
Increasing preference for passive funds (ABSLAMC Passive QAAUM grew 20% YoY to INR 36,100 Cr) and tech-savvy investing among younger demographics.
Geopolitical Risks
Global market volatility can trigger FII outflows, impacting the domestic equity AUM (INR 1,92,400 Cr) and subsequent management fees.
Regulatory & Governance
Industry Regulations
Subject to SEBI (Mutual Funds) Regulations, 1996 and SEBI SBEB & SE Regulations for employee stock schemes. The company achieved the Minimum Public Shareholding (MPS) requirement of 25% in May 2024.
Environmental Compliance
Not disclosed in available documents; ESG focus is primarily through responsible investment frameworks in fund management.
Taxation Policy Impact
Tax expense for Q2 FY26 was INR 74.3 Cr, representing an effective tax rate of 23.5% on PBT of INR 315.6 Cr.
Legal Contingencies
Not disclosed in available documents; the company maintains a compliance function to monitor regulatory requirements across MF, PMS, and AIF activities.
Risk Analysis
Key Uncertainties
Market risk remains the primary uncertainty; a significant downturn in equity markets would impact 45.3% of the AUM base. Regulatory changes to expense ratios could also compress margins.
Geographic Concentration Risk
17.5% of AUM is from B-30 cities; while diversified, the company remains heavily reliant on top metropolitan hubs for 82.5% of its assets.
Third Party Dependencies
High dependency on 90+ bank partners and 360 National Distributors for asset sourcing; loss of a major banking partner could significantly impact inflows.
Technology Obsolescence Risk
Risk of being disrupted by fintech-only AMCs; mitigated by 115+ digital partnerships and investment in Virtual Relationship Managers.
Credit & Counterparty Risk
The company manages INR 4,60,800 Cr of third-party capital; investment risk is managed through an Investment Governance framework approved by the Board.
