HDFC Asset Management CompanyNSE: HDFCAMCBSE: 541729Financial Services · Asset Management CompanyHDFC Asset Management Company Financial Statements
For Mar 2026, HDFC Asset Management Company reported revenue of ₹4,122 crore and net profit of ₹2,858 crore. Return on equity stands at 32.90%. Profit & loss, balance sheet and cash flow across 4 reported years are below.
- Latest year revenue
- ₹4,122 Cr
- EBITDA
- ₹3,303 Cr
- Operating margin
- 80.14%
- Profit after tax
- ₹2,858 Cr
- Net margin
- 69.33%
- EPS
- ₹66.71
- Latest year
- Mar 2026
- Years reported
- 4
HDFC Asset Management Company profit & loss
Reported annual performance for HDFC Asset Management Company, oldest to newest. Figures in ₹ crore unless a row states otherwise.
| Line item | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| Revenue from Operations | 2,167 | 2,584 | 3,498 | 4,122 |
| Sales Growth YoY % | — | 19.27% | 35.37% | 17.83% |
| Other Income | 316 | 579 | 562 | 500 |
| Total Income | 2,483 | 3,163 | 4,060 | 4,622 |
| Gross Profit | 2,167 | 2,584 | 3,498 | 4,122 |
| Gross Margin % | 100% | 100% | 100% | 100% |
| Total Operating Expenses | 546 | 624 | 703 | 819 |
| Employee Benefit Expense | 313 | 354 | 389 | 482 |
| Other Expenses | 233 | 270 | 313 | 337 |
| EBITDA | 1,621 | 1,960 | 2,796 | 3,303 |
| OPM % | 74.81% | 75.84% | 79.92% | 80.14% |
| Total Non-Operating Expenses | 63 | 61 | 68 | 86 |
| Depreciation & Amortisation | 53 | 52 | 59 | 73 |
| Finance Costs | 10 | 9 | 9 | 13 |
| Profit Before Tax (PBT) | 1,870 | 2,475 | 3,286 | 3,709 |
| Tax Expense | 447 | 532 | 825 | 851 |
| Current Tax | 421 | 518 | 730 | 806 |
| Deferred Tax | 25 | 15 | 95 | 45 |
| Effective Tax % | 23.89% | 21.51% | 25.12% | 22.95% |
| Total Profit for Period | 1,423 | 1,943 | 2,460 | 2,858 |
| Net Profit (Owner's PAT) | 1,423 | 1,943 | 2,460 | 2,858 |
| Net Profit Margin % | 65.69% | 75.17% | 70.32% | 69.33% |
| PAT Growth YoY % | — | 36.49% | 26.64% | 16.17% |
| Earnings Per Share (EPS) | ₹33.35 | ₹45.5 | ₹57.54 | ₹66.71 |
| Diluted Shares Outstanding (Cr.) | 43 | 43 | 43 | 43 |
| Other Comprehensive Income (Net of Tax) | 0 | -2 | -2 | -0 |
| Expenses | 613 | 688 | 775 | 913 |
| Material Cost % | 0% | 0% | 0% | 0% |
| Employee Cost % | 14.43% | 13.7% | 11.13% | 11.7% |
| Other Cost % | 10.76% | 10.46% | 8.95% | 8.16% |
| Interest Coverage (x) | 161.78 | 209.85 | 290.9 | 242.54 |
| Fees & Commission Expense | 4 | 2 | 4 | 8 |
| Revenue Sale Of Services | 2,167 | 2,584 | 3,498 | 4,122 |
HDFC Asset Management Company revenue and profit trend
Reported annual revenue and net profit, oldest to newest. Two panels because the two measures live on different scales — one shared axis would distort both.
HDFC Asset Management Company balance sheet
Assets, liabilities and shareholders' equity as reported, in Schedule III order. Figures in ₹ crore unless a row states otherwise.
| Line item | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| Total Equity | 6,108 | 7,075 | 8,130 | 9,229 |
| Equity Share Capital | 107 | 107 | 107 | 214 |
| Reserves & Surplus | 6,001 | 6,968 | 8,023 | 9,015 |
| Total Equity | 6,108 | 7,075 | 8,130 | 9,229 |
| Non-Current Liabilities | 374 | 434 | 561 | 699 |
| Deferred Tax Liabilities | 101 | 116 | 211 | 256 |
| Non-Current Provisions | 13 | 16 | 21 | 25 |
| Current Liabilities | 54 | 45 | 60 | 64 |
| Trade Payables | 36 | 39 | 40 | 47 |
| Current Tax Liabilities | 18 | 6 | 20 | 16 |
| Total Liabilities | 428 | 479 | 621 | 763 |
| Total Non-Current Assets | 6,315 | 7,389 | 8,542 | 9,734 |
| Property, Plant & Equipment (PPE) | 138 | 138 | 183 | 261 |
| Intangible Assets | 7 | 9 | 10 | 6 |
| Non-Current Investments | 6,076 | 7,156 | 8,255 | 9,362 |
| Net Fixed Assets | 144 | 147 | 192 | 267 |
| Total Current Assets | 221 | 164 | 208 | 258 |
| Trade Receivables | 184 | 93 | 134 | 159 |
| Cash & Cash Equivalents | 4 | 10 | 12 | 12 |
| Current Tax Assets | 30 | 31 | 33 | 44 |
| Net Working Capital | 167 | 119 | 148 | 194 |
| Total Assets | 6,536 | 7,554 | 8,751 | 9,991 |
| Current Ratio (x) | 4.09 | 3.64 | 3.48 | 4.05 |
HDFC Asset Management Company cash flow statement
Cash generated and used across operating, investing and financing activities. Figures in ₹ crore unless a row states otherwise.
| Line item | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| Net Cash from Operating Activities | 1,149 | 1,615 | 2,075 | 2,528 |
| Profit Before Tax | 1,870 | 2,475 | 3,286 | 3,709 |
| Depreciation & Amortisation | 53 | 52 | 59 | 73 |
| Finance Costs | 10 | 9 | 9 | 13 |
| Working Capital Changes | -102 | 105 | -18 | -17 |
| Tax Paid | -410 | -530 | -717 | -820 |
| Net Cash from Investing Activities | -217 | -542 | -598 | -643 |
| Purchase of PPE | -7 | -14 | -40 | -20 |
| Sale of Fixed Assets | 0 | 0 | 0 | -47 |
| Interest Received | 35 | 36 | 21 | 41 |
| Net Cash from Financing Activities | -930 | -1,066 | -1,475 | -1,886 |
| Proceeds from Borrowings | 0 | 0 | 0 | 0 |
| Repayment of Borrowings | 0 | 0 | 0 | 0 |
| Interest Paid | 0 | 0 | 0 | 0 |
| Dividend Paid | -896 | -1,025 | -1,495 | -1,925 |
| Buyback / Redemption of Shares | 0 | 0 | 0 | 0 |
| Lease Liabilities Paid | -44 | -46 | -49 | -57 |
| Net Change in Cash | 3 | 6 | 2 | -1 |
| Effect of Foreign Exchange Changes | -0 | -0 | 0 | 1 |
| Free Cash Flow | 1,142 | 1,601 | 2,035 | 2,508 |
| CFO / PBT (x) | 0.61 | 0.65 | 0.63 | 0.68 |
HDFC Asset Management Company key ratios
Valuation, profitability, return, leverage and per-share measures computed from reported statements — not from adjusted or normalised earnings.
HDFC Asset Management Company trades at a P/E of 37.00× against a sector median of 22.60× — a 64% premium. Sector comparisons can mislead for conglomerates with mixed business lines.
| Ratio | Category | Value |
|---|---|---|
| P/E (TTM) | Valuation | 37 |
| Forward P/E | Valuation | 30.99 |
| P/B | Valuation | 11.82 |
| PEG (TTM) | Valuation | 1.58 |
| EV / EBITDA (TTM) | Valuation | 24.08 |
| P/S (TTM) | Valuation | 22.83 |
| Operating margin | Profitability | 82.1% |
| Net margin (TTM) | Profitability | 61.84% |
| Return on equity | Return ratios | 32.9% |
| Return on capital employed | Return ratios | 42.9% |
| Return on assets | Return ratios | 24.83% |
| Beta | Leverage & liquidity | 1.47 |
| EPS (TTM) | Per share | ₹68.63 |
| Book value | Per share | ₹215.42 |
| Revenue / share (TTM) | Per share | ₹107.98 |
| Cash flow / share | Per share | ₹58.97 |
| Dividend yield | Shareholder returns | 2.12% |
| Dividend payout (TTM) | Shareholder returns | 148.92% |
How this is calculated
Statements are as filed with the exchanges. Consolidated figures are shown where reported. Figures are in rupees crore unless the table states otherwise. Ratios are computed from the same reported statements, not from adjusted or normalised earnings.
Index membership reflects the Nifty 100 as published by NSE Indices, effective 2026-03-30.
HDFC Asset Management Company: frequently asked questions
What is HDFC Asset Management Company's annual revenue?
HDFC Asset Management Company reported revenue of ₹4,122 crore in Mar 2026, up 17.8% on the previous financial year.
Is HDFC Asset Management Company profitable?
HDFC Asset Management Company reported a net profit of ₹2,858 crore in Mar 2026, up 16.2% on the previous financial year.
What is HDFC Asset Management Company's EPS?
HDFC Asset Management Company reported earnings per share of ₹66.71 for Mar 2026.
What is HDFC Asset Management Company's operating margin?
HDFC Asset Management Company's operating margin for Mar 2026 was 80.14%.
What is HDFC Asset Management Company's return on equity?
HDFC Asset Management Company's return on equity stands at 32.90%. ROE measures profit generated per rupee of shareholder equity.
How many years of HDFC Asset Management Company financials are shown?
4 reported financial years are tabulated on this page, the most recent being Mar 2026.
Are these figures consolidated or standalone?
Consolidated figures are shown wherever the company reports them, and standalone otherwise. The basis in use is labelled on the statement table.
More HDFC Asset Management Company data
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The data, ratios and commentary about HDFC Asset Management Company Limited (HDFCAMC) on this page are published for educational and informational purposes only and are not investment, legal or tax advice. StockeZee is not a SEBI-registered investment adviser, research analyst or portfolio manager, and no content here should be construed as a recommendation to buy, hold or sell any security. Live and historical market data may be delayed, revised by the exchanges, or contain errors; figures sourced from third-party feeds and corporate disclosures may not always be current. Past performance is not indicative of future results, and equity investments carry the risk of capital loss. Before acting on anything you read here, please consult a SEBI-registered financial advisor and read all scheme-related documents carefully.