Aditya Birla Sun Life AMC (ABSLAMC) Q1 25/26 earnings summary

Executive summary

• Achieved a significant milestone by crossing INR 4 trillion in mutual fund AUM, with overall average AUM (including alternates) at INR 4.43 trillion, up 21% year-on-year; mutual fund AUM up 14% and equity mutual fund AUM up 11% year-on-year.

• Q1 FY2026 net sales exceeded the entire FY2025, with revenue from operations rising 16% year-on-year to INR 447 crore, and profit after tax up 18% year-on-year.

• Serviced 10.7 million investor folios as of June 30, 2025, a 14% increase year-on-year.

• Maintained overall market share over the last two quarters, with focused efforts on key equity funds, product innovation, and digital platform expansion.

• Board approved unaudited standalone and consolidated financial results for the quarter ended June 30, 2025.

Financial highlights

• Q1 FY2026 consolidated revenue from operations was INR 447.39 crore, up from INR 386.62 crore year-on-year; consolidated net profit was INR 277.11 crore, up from INR 235.71 crore.

• Operating profit for Q1 FY2026 reached INR 254 crore, up 21% year-on-year.

• Profit before tax was INR 372 crore, up 22% year-on-year; profit after tax was INR 277 crore, up 18% year-on-year.

• Non-mutual fund operational income from alternate assets was INR 32 crore; ESOP expense was INR 1.6 crore for the quarter.

• Basic EPS (consolidated) for Q1 FY26 was INR 9.60, up from INR 8.18 in Q1 FY25.

Outlook and guidance

• Optimistic about Indian market prospects due to stable domestic growth, healthy corporate profitability, and supportive macro policies.

• RBI's accommodative stance and controlled inflation expected to support market performance.

• Plans to expand product offerings, especially in alternates and passive products, increase institutional and family office penetration, and expand into GIFT City for international fund management.

• Focus on expanding geographic reach, scaling retail franchise, and leveraging digital platforms for sustainable growth.

• Board recommended a final dividend of INR 24 per equity share for FY25, subject to shareholder approval.