| Quarter | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 335 | 341 | 366 | 387 | 424 | 445 | 429 | 447 | 461 | 478 | 458 | 463 | |
Growth YoY Revenue Growth YoY% | 7.7 | 8.7 | 23.1 | 24.3 | 26.6 | 30.4 | 17.3 | 15.7 | 8.8 | 7.4 | 6.8 | 3.5 |
| 143 | 147 | 161 | 166 | 174 | 171 | 185 | 181 | 179 | 188 | 192 | 205 | |
| 192 | 194 | 205 | 220 | 250 | 274 | 244 | 266 | 283 | 290 | 266 | 258 | |
OPM OPM% | 57.3 | 56.9 | 56.0 | 57.0 | 59.0 | 61.6 | 56.9 | 59.5 | 61.3 | 60.6 | 58.1 | 55.6 |
| 56 | 80 | 74 | 95 | 96 | 38 | 72 | 118 | 45 | 84 | -33 | 162 | |
Interest Expense Interest ExpenseCr | 2 | 1 | 2 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 |
Depreciation DepreciationCr | 9 | 9 | 10 | 9 | 10 | 11 | 10 | 10 | 11 | 12 | 13 | 13 |
PBT PBTCr | 237 | 264 | 268 | 305 | 335 | 300 | 305 | 372 | 316 | 358 | 219 | 406 |
| 59 | 54 | 59 | 69 | 93 | 75 | 77 | 95 | 74 | 89 | 32 | 97 | |
| 178 | 209 | 208 | 236 | 242 | 224 | 228 | 277 | 241 | 270 | 187 | 309 | |
Growth YoY PAT Growth YoY% | -7.1 | 25.9 | 53.7 | 27.7 | 36.1 | 7.2 | 9.4 | 17.6 | -0.4 | 20.1 | -18.0 | 11.7 |
NPM NPM% | 53.2 | 61.3 | 57.0 | 61.0 | 57.1 | 50.4 | 53.2 | 61.9 | 52.3 | 56.4 | 40.8 | 66.8 |
| 6.2 | 7.3 | 7.2 | 8.2 | 8.4 | 7.8 | 7.9 | 9.6 | 8.4 | 9.3 | 6.5 | 10.7 |
| Quarter | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 335 | 341 | 366 | 387 | 424 | 445 | 429 | 447 | 461 | 478 | 458 | 463 | |
Growth YoY Revenue Growth YoY% | 7.7 | 8.7 | 23.1 | 24.3 | 26.6 | 30.4 | 17.3 | 15.7 | 8.8 | 7.4 | 6.8 | 3.5 |
| 143 | 147 | 161 | 166 | 174 | 171 | 185 | 181 | 179 | 188 | 192 | 205 | |
| 192 | 194 | 205 | 220 | 250 | 274 | 244 | 266 | 283 | 290 | 266 | 258 | |
OPM OPM% | 57.3 | 56.9 | 56.0 | 57.0 | 59.0 | 61.6 | 56.9 | 59.5 | 61.3 | 60.6 | 58.1 | 55.6 |
| 56 | 80 | 74 | 95 | 96 | 38 | 72 | 118 | 45 | 84 | -33 | 162 | |
Interest Expense Interest ExpenseCr | 2 | 1 | 2 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 |
Depreciation DepreciationCr | 9 | 9 | 10 | 9 | 10 | 11 | 10 | 10 | 11 | 12 | 13 | 13 |
PBT PBTCr | 237 | 264 | 268 | 305 | 335 | 300 | 305 | 372 | 316 | 358 | 219 | 406 |
| 59 | 54 | 59 | 69 | 93 | 75 | 77 | 95 | 74 | 89 | 32 | 97 | |
| 178 | 209 | 208 | 236 | 242 | 224 | 228 | 277 | 241 | 270 | 187 | 309 | |
Growth YoY PAT Growth YoY% | -7.1 | 25.9 | 53.7 | 27.7 | 36.1 | 7.2 | 9.4 | 17.6 | -0.4 | 20.1 | -18.0 | 11.7 |
NPM NPM% | 53.2 | 61.3 | 57.0 | 61.0 | 57.1 | 50.4 | 53.2 | 61.9 | 52.3 | 56.4 | 40.8 | 66.8 |
| 6.2 | 7.3 | 7.2 | 8.2 | 8.4 | 7.8 | 7.9 | 9.6 | 8.4 | 9.3 | 6.5 | 10.7 |
| Financial Year | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue RevenueCr | 775 | 1,013 | 1,323 | 1,406 | 1,234 | 1,191 | 1,293 | 1,227 | 1,353 | 1,685 | 1,845 | 1,861 |
Growth Revenue Growth% | 30.6 | 30.7 | 6.3 | -12.3 | -3.5 | 8.6 | -5.1 | 10.3 | 24.5 | 9.5 | 6.6 | |
| 453 | 670 | 771 | 723 | 532 | 467 | 473 | 522 | 592 | 696 | 740 | 764 | |
| 322 | 343 | 552 | 683 | 702 | 724 | 820 | 705 | 761 | 989 | 1,105 | 1,096 | |
OPM OPM% | 41.5 | 33.9 | 41.7 | 48.6 | 56.9 | 60.8 | 63.4 | 57.5 | 56.2 | 58.7 | 59.9 | 58.9 |
| 0 | 2 | 1 | 1 | 1 | 15 | 116 | 127 | 287 | 301 | 214 | 259 | |
Interest Expense Interest ExpenseCr | 0 | 0 | 5 | 6 | 5 | 6 | 5 | 4 | 6 | 6 | 5 | 5 |
Depreciation DepreciationCr | 9 | 8 | 26 | 32 | 37 | 37 | 36 | 34 | 35 | 40 | 46 | 48 |
PBT PBTCr | 314 | 337 | 522 | 646 | 661 | 696 | 895 | 794 | 1,008 | 1,245 | 1,266 | 1,299 |
| 111 | 114 | 173 | 199 | 166 | 170 | 222 | 197 | 228 | 314 | 290 | 292 | |
PAT PATCr | 203 | 223 | 349 | 447 | 494 | 526 | 673 | 596 | 780 | 931 | 975 | 1,007 |
Growth PAT Growth% | 10.1 | 56.2 | 28.2 | 10.7 | 6.5 | 27.8 | -11.3 | 30.9 | 19.3 | 4.8 | 3.6 | |
NPM NPM% | 26.1 | 22.0 | 26.3 | 31.8 | 40.1 | 44.2 | 52.0 | 48.6 | 57.7 | 55.2 | 52.9 | 54.1 |
| 112.6 | 124.0 | 12.1 | 15.5 | 17.2 | 18.3 | 23.4 | 20.7 | 27.1 | 32.3 | 33.8 | 34.9 |
| Financial Year | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue RevenueCr | 775 | 1,013 | 1,323 | 1,406 | 1,234 | 1,191 | 1,293 | 1,227 | 1,353 | 1,685 | 1,845 | 1,861 |
Growth Revenue Growth% | 30.6 | 30.7 | 6.3 | -12.3 | -3.5 | 8.6 | -5.1 | 10.3 | 24.5 | 9.5 | 6.6 | |
| 453 | 670 | 771 | 723 | 532 | 467 | 473 | 522 | 592 | 696 | 740 | 764 | |
| 322 | 343 | 552 | 683 | 702 | 724 | 820 | 705 | 761 | 989 | 1,105 | 1,096 | |
OPM OPM% | 41.5 | 33.9 | 41.7 | 48.6 | 56.9 | 60.8 | 63.4 | 57.5 | 56.2 | 58.7 | 59.9 | 58.9 |
| 0 | 2 | 1 | 1 | 1 | 15 | 116 | 127 | 287 | 301 | 214 | 259 | |
Interest Expense Interest ExpenseCr | 0 | 0 | 5 | 6 | 5 | 6 | 5 | 4 | 6 | 6 | 5 | 5 |
Depreciation DepreciationCr | 9 | 8 | 26 | 32 | 37 | 37 | 36 | 34 | 35 | 40 | 46 | 48 |
PBT PBTCr | 314 | 337 | 522 | 646 | 661 | 696 | 895 | 794 | 1,008 | 1,245 | 1,266 | 1,299 |
| 111 | 114 | 173 | 199 | 166 | 170 | 222 | 197 | 228 | 314 | 290 | 292 | |
PAT PATCr | 203 | 223 | 349 | 447 | 494 | 526 | 673 | 596 | 780 | 931 | 975 | 1,007 |
Growth PAT Growth% | 10.1 | 56.2 | 28.2 | 10.7 | 6.5 | 27.8 | -11.3 | 30.9 | 19.3 | 4.8 | 3.6 | |
NPM NPM% | 26.1 | 22.0 | 26.3 | 31.8 | 40.1 | 44.2 | 52.0 | 48.6 | 57.7 | 55.2 | 52.9 | 54.1 |
| 112.6 | 124.0 | 12.1 | 15.5 | 17.2 | 18.3 | 23.4 | 20.7 | 27.1 | 32.3 | 33.8 | 34.9 |
| Financial Year | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital Equity CapitalCr | 18 | 18 | 18 | 18 | 18 | 18 | 144 | 144 | 144 | 144 | 144 |
Reserves ReservesCr | 761 | 924 | 1,120 | 1,203 | 1,299 | 1,687 | 2,052 | 2,373 | 3,025 | 3,583 | 3,891 |
| 118 | 205 | 309 | 199 | 178 | 207 | 159 | 188 | 193 | 239 | 259 | |
| 46 | 53 | 103 | 79 | 77 | 73 | 80 | 83 | 140 | 149 | 115 | |
| 943 | 1,200 | 1,549 | 1,498 | 1,572 | 1,985 | 2,435 | 2,788 | 3,502 | 4,114 | 4,415 | |
| 652 | 850 | 318 | 263 | 221 | 180 | 239 | 357 | 267 | 315 | 348 | |
| 292 | 350 | 1,231 | 1,235 | 1,351 | 1,804 | 2,196 | 2,431 | 3,235 | 3,800 | 4,067 | |
| 943 | 1,200 | 1,549 | 1,498 | 1,572 | 1,985 | 2,435 | 2,788 | 3,502 | 4,114 | 4,415 |
| Financial Year | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital Equity CapitalCr | 18 | 18 | 18 | 18 | 18 | 18 | 144 | 144 | 144 | 144 | 144 |
Reserves ReservesCr | 761 | 924 | 1,120 | 1,203 | 1,299 | 1,687 | 2,052 | 2,373 | 3,025 | 3,583 | 3,891 |
| 118 | 205 | 309 | 199 | 178 | 207 | 159 | 188 | 193 | 239 | 259 | |
| 46 | 53 | 103 | 79 | 77 | 73 | 80 | 83 | 140 | 149 | 115 | |
| 943 | 1,200 | 1,549 | 1,498 | 1,572 | 1,985 | 2,435 | 2,788 | 3,502 | 4,114 | 4,415 | |
| 652 | 850 | 318 | 263 | 221 | 180 | 239 | 357 | 267 | 315 | 348 | |
| 292 | 350 | 1,231 | 1,235 | 1,351 | 1,804 | 2,196 | 2,431 | 3,235 | 3,800 | 4,067 | |
| 943 | 1,200 | 1,549 | 1,498 | 1,572 | 1,985 | 2,435 | 2,788 | 3,502 | 4,114 | 4,415 |
| Financial Year | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 231 | 265 | 346 | 315 | 497 | 512 | 563 | 437 | 685 | 708 | 812 | |
| -227 | -205 | -69 | 62 | -66 | -340 | -298 | -134 | -511 | -305 | -95 | |
| 0 | -60 | -259 | -384 | -423 | -163 | -256 | -335 | -169 | -399 | -703 | |
Net Cash Flow Net Cash FlowCr | 4 | 0 | 18 | -6 | 8 | 10 | 9 | -32 | 5 | 5 | 15 |
Free Cash Flow Free Cash FlowCr | 225 | 252 | 330 | 295 | 481 | 502 | 547 | 419 | 655 | 678 | 766 |
CFO To PAT CFO To PAT% | 114.0 | 118.8 | 99.3 | 70.6 | 100.5 | 97.3 | 83.7 | 73.3 | 87.8 | 76.1 | 83.3 |
CFO To EBITDA CFO To EBITDA% | 71.7 | 77.3 | 62.7 | 46.2 | 70.8 | 70.8 | 68.7 | 62.0 | 90.0 | 71.6 | 73.5 |
| Financial Year | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 231 | 265 | 346 | 315 | 497 | 512 | 563 | 437 | 685 | 708 | 812 | |
| -227 | -205 | -69 | 62 | -66 | -340 | -298 | -134 | -511 | -305 | -95 | |
| 0 | -60 | -259 | -384 | -423 | -163 | -256 | -335 | -169 | -399 | -703 | |
Net Cash Flow Net Cash FlowCr | 4 | 0 | 18 | -6 | 8 | 10 | 9 | -32 | 5 | 5 | 15 |
Free Cash Flow Free Cash FlowCr | 225 | 252 | 330 | 295 | 481 | 502 | 547 | 419 | 655 | 678 | 766 |
CFO To PAT CFO To PAT% | 114.0 | 118.8 | 99.3 | 70.6 | 100.5 | 97.3 | 83.7 | 73.3 | 87.8 | 76.1 | 83.3 |
CFO To EBITDA CFO To EBITDA% | 71.7 | 77.3 | 62.7 | 46.2 | 70.8 | 70.8 | 68.7 | 62.0 | 90.0 | 71.6 | 73.5 |
| Financial Year | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Market Cap Market CapitalizationCr | 15,349 | 8,967 | 13,102 | 18,390 | 25,401 | 29,707 | ||||||
Price To Earnings Price To Earnings | 22.8 | 15.0 | 16.8 | 19.8 | 26.1 | 29.4 | ||||||
Price To Sales Price To Sales | 10.9 | 6.7 | 8.0 | 9.3 | 12.3 | 16.0 | ||||||
Price To Book Price To Book | 7.0 | 3.6 | 4.1 | 4.9 | 6.3 | 7.4 | ||||||
EV To EBITDA EV To EBITDA | 18.6 | 12.5 | 17.1 | 18.5 | 22.9 | 27.0 | ||||||
GPM GPM% | 100.0 | 100.0 | 100.0 | 100.0 | 100.0 | 100.0 | 100.0 | 100.0 | 100.0 | 100.0 | 100.0 | 100.0 |
OPM OPM% | 41.5 | 33.9 | 41.7 | 48.6 | 56.9 | 60.8 | 63.4 | 57.5 | 56.2 | 58.7 | 59.9 | 58.9 |
NPM NPM% | 26.1 | 22.0 | 26.3 | 31.8 | 40.1 | 44.2 | 52.0 | 48.6 | 57.7 | 55.2 | 52.9 | 54.1 |
ROCE ROCE% | 40.2 | 35.8 | 46.3 | 53.4 | 50.6 | 41.1 | 41.0 | 31.7 | 32.0 | 33.5 | 31.5 | 31.5 |
ROE ROE% | 26.0 | 23.7 | 30.6 | 36.6 | 37.5 | 30.9 | 30.6 | 23.7 | 24.6 | 25.0 | 24.2 | 24.2 |
ROA ROA% | 21.5 | 18.6 | 22.5 | 29.8 | 31.4 | 26.5 | 27.6 | 21.4 | 22.3 | 22.6 | 22.1 | 22.1 |
| Financial Year | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | Current |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Market Cap Market CapitalizationCr | 15,349 | 8,967 | 13,102 | 18,390 | 25,401 | 29,707 | ||||||
Price To Earnings Price To Earnings | 22.8 | 15.0 | 16.8 | 19.8 | 26.1 | 29.4 | ||||||
Price To Sales Price To Sales | 10.9 | 6.7 | 8.0 | 9.3 | 12.3 | 16.0 | ||||||
Price To Book Price To Book | 7.0 | 3.6 | 4.1 | 4.9 | 6.3 | 7.4 | ||||||
EV To EBITDA EV To EBITDA | 18.6 | 12.5 | 17.1 | 18.5 | 22.9 | 27.0 | ||||||
GPM GPM% | 100.0 | 100.0 | 100.0 | 100.0 | 100.0 | 100.0 | 100.0 | 100.0 | 100.0 | 100.0 | 100.0 | 100.0 |
OPM OPM% | 41.5 | 33.9 | 41.7 | 48.6 | 56.9 | 60.8 | 63.4 | 57.5 | 56.2 | 58.7 | 59.9 | 58.9 |
NPM NPM% | 26.1 | 22.0 | 26.3 | 31.8 | 40.1 | 44.2 | 52.0 | 48.6 | 57.7 | 55.2 | 52.9 | 54.1 |
ROCE ROCE% | 40.2 | 35.8 | 46.3 | 53.4 | 50.6 | 41.1 | 41.0 | 31.7 | 32.0 | 33.5 | 31.5 | 31.5 |
ROE ROE% | 26.0 | 23.7 | 30.6 | 36.6 | 37.5 | 30.9 | 30.6 | 23.7 | 24.6 | 25.0 | 24.2 | 24.2 |
ROA ROA% | 21.5 | 18.6 | 22.5 | 29.8 | 31.4 | 26.5 | 27.6 | 21.4 | 22.3 | 22.6 | 22.1 | 22.1 |
Documents — Aditya Birla Sun Life AMC Ltd
Concall Transcript Summaries — Aditya Birla Sun Life AMC Ltd