₹2635.0
-0.26% today
· 30d +16.08%
as of 2026-11-09
Price · Daily Candles
“HDFCAMC Faces Profit Headwinds Despite Revenue Growth, FIIs Boost Holdings”
HDFC Asset Management Company (HDFCAMC) reported a quarterly revenue increase of 16.66% YoY to ₹1052.0 Cr, yet net profit for the same period saw a 2.47% decline. Annually, revenues grew by 17.83% and net profit by 16.17% to ₹2858.0 Cr. FIIs increased their stake by 0.46% QoQ to 24.45% in the latest quarter ending March 2026.
BULL CASE
+Annual revenue witnessed strong growth, up 17.83% YoY to ₹4122.0 Cr for the year ended March 2026.
+FIIs demonstrably increased their stake by 0.46% QoQ, holding 24.45% as of March 2026.
+The company maintains a high TTM profit margin of 61.83% and a ROCE of 43.0%, indicating operational efficiency.
+Long-term net profit CAGR is 26.16% over 3 years and 16.61% over 5 years, ending March 2026.
BEAR CASE
−Quarterly net profit declined by 2.47% YoY to ₹623.0 Cr for the period ending March 2026, despite revenue growth.
−Operating profit margin (OPM) saw a 2.72% decline QoQ, alongside a 0.28% YoY increase in operating profit.
−The ML model predicts a weak outlook for FCF 1-year growth with ranks of 0.0 for both rolling 4-year and stable 7-year periods.
−The stock is trading at a TTM P/E of 41.22, higher than some peers like TATACAP (27.58) and BAJAJHLDNG (18.27).
⟳ What Changed
₹ Latest Earnings · Q ending 2026-09-30
REVENUE
₹1170 Cr
+13.9% YoY
NET PROFIT
₹749 Cr
+4.22% YoY
OPM
80.64%
+0.81pp YoY
EPS
₹17.46
PE 41.22
Intrinsic value · DCF ₹2333.34 · Margin of safety -11.4% (fair) · FCF yield 2.22%
◇ Sector Position
HDFCAMC trades at a TTM PE of 41.22 with a ROCE of 43.0%, positioning it below ICICIAMC (PE 50.36, ROCE 102.05%) but above NAM-INDIA (PE 45.74, ROCE 39.01%) among asset management peers.
PEERPEROCE %
HDFCAMC41.2243.0
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ML Forward Growth Predictions 🔒
58
SCORE / 100
Overall
6-axis composite of the sections below.
Performance
POSITIVE
55
Valuation
FAIR
40
Growth
STRONG
72
Profitability
HIGH
100
Technicals
NEUTRAL
53
Risk
ELEVATED
30
Key Stats
TTM PE
41.22
P/B
12.71
52W HIGH
₹2901.5
OFF HIGH
-9.18%
DIV YIELD
1.96%
MKT CAP
₹112942 Cr
◉ Active Signals
MACDBullish43.5464
RSI(14)Bearish71.9
Street Consensus
28 analysts₹3042.93
mean target
Low ₹2600.0Now ₹2635.0High ₹3239.0
⧉ Strategy Fit 🔒