HDFC Asset Management Company Limited share price
HDFC Asset Management Company Limited is a publicly owned investment manager. The firm launches and manages equity, fixed income, and balanced mutual funds for its clients. It manages equity, fixed income, balanced, and real estate portfolios. The firm invests in public equity and fixed income markets. The firm employs fundamental analysis to make its investments. HDFC Asset Management Company Limited was founded on December 10,1999 and is based in Mumbai, Maharashtra. HDFC Asset Management Company Limited operates as a subsidiary of HDFC Bank Limited.Read more
- Market Cap₹ 1,02,918 Cr.
- Current Price₹ 2,398.60
- High / Low₹ 2,948 / 2,206
- Stock P/E35.0
- Book Value₹ 215
- Dividend Yield2.24 %
- Price / Book11.13
- ROE32.90 %
- Face Value₹ 5.0
More figures (8)
- EPS (TTM)₹ 68.54
- Net margin69.3 %
- Sales growth (3Y)23.9 %
- Profit growth (3Y)26.2 %
- Promoter holding56.6 %
- EV / EBITDA26.0
- Beta0.55
- All-time high₹ 2,967
Price chart
| Returns | 1M | 3M | 6M | YTD | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|---|---|
| HDFCAMC | +1.07% | -7.82% | -9.90% | -10.24% | -17.34% | +18.83% | +10.36% |
| Nifty 50 | -0.31% | -3.85% | -4.34% | -11.42% | -9.53% | +5.46% | +4.76% |
Price returns only (dividends not included). Prices from NSE via Yahoo Finance; may be delayed.
Quick take
- HDFC Asset Management Company Limited is in the Asset Management industry (Financial Services), with a market value of ₹1,02,918 crore.
- It trades at 35.0 times its last 12 months' earnings and 11.1 times book value.
- Revenue grew 23.9% a year over the last 3 years, profit 26.2% a year.
- Return on equity was 32.9% in the latest year.
- The share price is 18.6% below its 52-week high and down 17.3% over one year.
- Promoters and insiders hold about 56.6%; institutions about 27.4%.
Pros
AI- Strong return on equity: 31.6% on average over the last 3 years.
- Sales have grown 23.9% a year over the last 3 years.
- Profit has grown 26.2% a year over the last 3 years.
- Trades at 35.0 times earnings, below its 3-year median of 42.2.
- Pays a healthy dividend: about 67% of profit last year.
Cons
AI- Trades at 11.1 times its book value.
Pros and cons are generated automatically from the reported figures. They are observations, not a recommendation to buy or sell.
AI analysis
Plenitude AI reads the figures on this page and explains them in plain language. It does not say whether to buy or sell.
About HDFC Asset Management Company Limited
HDFC Asset Management Company Limited is a publicly owned investment manager. The firm launches and manages equity, fixed income, and balanced mutual funds for its clients. It manages equity, fixed income, balanced, and real estate portfolios. The firm invests in public equity and fixed income markets. The firm employs fundamental analysis to make its investments. HDFC Asset Management Company Limited was founded on December 10,1999 and is based in Mumbai, Maharashtra. HDFC Asset Management Company Limited operates as a subsidiary of HDFC Bank Limited.
- Employees
- 1,713
- Head office
- Mumbai
- NSE industry
- Financial Services
Peer comparison
| Company | Market cap (₹ Cr) | P/E | P/B | ROE | OPM | Sales CAGR | Div. yield |
|---|---|---|---|---|---|---|---|
| HDFC Asset Management Company LimitedHDFCAMC | 1,02,918 | 35.0 | 11.13 | 32.9% | 78.2% | +23.9% | 2.24% |
| HDFC Bank LimitedHDFCBANK | 11,23,776 | 15.9 | 1.85 | 8.9% | — | +16.9% | 1.79% |
| ICICI Bank LimitedICICIBANK | 10,02,968 | 18.1 | 2.63 | 16.0% | — | +18.1% | 0.86% |
| State Bank of IndiaSBIN | 8,88,554 | 10.3 | 1.43 | 15.4% | — | +12.2% | 1.81% |
| Kotak Mahindra Bank LimitedKOTAKBANK | 4,45,068 | 21.9 | 2.46 | 11.4% | — | +13.5% | 0.15% |
| Axis Bank LimitedAXISBANK | 4,01,677 | 14.5 | 1.80 | 13.1% | — | +12.2% | 0.08% |
| BSE LimitedBSE | 1,36,581 | 48.9 | 17.32 | 45.0% | 65.9% | +76.5% | 0.29% |
| Punjab National BankPNB | 1,33,663 | 6.1 | 0.85 | 13.0% | — | +10.0% | 2.61% |
| Union Bank of IndiaUNIONBANK | 1,31,054 | 6.3 | 0.94 | 15.7% | — | +7.6% | 2.90% |
| Bank of Baroda LimitedBANKBARODA | 1,19,148 | 6.6 | 0.71 | 12.7% | — | +10.3% | 3.73% |
Companies in the same industry (Asset Management). Tap a heading to sort. Sorting is a way to explore data, not a recommendation.
Quarterly Results
Consolidated figures in ₹ croreStandalone figures in ₹ crore /
Source: the company's results filed with NSE, as reported. EPS restated for bonus issues and splits. Tap a row marked + for its breakdown. Latest quarter on the right.
Profit & Loss
Consolidated figures in ₹ croreStandalone figures in ₹ crore /
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|
| 2,167 | 2,584 | 3,498 | 4,122 | 4,397 | |
| YOY Revenue Growth % | 19.27% | 35.37% | 17.83% | ||
| Interest | 10 | 9 | 9 | 13 | 15 |
| 603 | 679 | 765 | 900 | 974 | |
| Employee Cost % | 14% | 14% | 11% | 12% | 12% |
| Fees & Commission % | 0% | 0% | 0% | 0% | 0% |
| Other Expenses % | 11% | 10% | 9% | 8% | 8% |
| Financing Profit | 1,554 | 1,896 | 2,724 | 3,209 | 3,408 |
| Financing Margin % | 72% | 73% | 78% | 78% | 78% |
| Other Income | 316 | 579 | 562 | 500 | 505 |
| Depreciation | 53 | 52 | 59 | 73 | 79 |
| Profit before tax | 1,870 | 2,475 | 3,286 | 3,709 | 3,913 |
| 24% | 22% | 25% | 23% | 24% | |
| Current tax | 421 | 518 | 730 | 806 | |
| Deferred tax | 25 | 15 | 95 | 45 | |
| 1,423 | 1,943 | 2,460 | 2,858 | 2,978 | |
| Profit to shareholders | 1,423 | 1,943 | 2,460 | 2,858 | 2,978 |
| YOY Profit Growth % | 36.49% | 26.64% | 16.17% | ||
| EPS in Rs | 33.36 | 45.50 | 57.58 | 66.77 | 69.50 |
| Dividend Payout % | 63% | 53% | 61% | 67% |
Compounded Sales Growth
- 3 Years:
- 24%
- TTM:
- 15%
Compounded Profit Growth
- 3 Years:
- 26%
- TTM:
- 8%
Stock Price CAGR
- 5 Years:
- 10%
- 3 Years:
- 19%
- 1 Year:
- -17%
Return on Equity
- 4 Years:
- 30%
- Last Year:
- 33%
| ₹ Cr | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| 1,915 | 2,003 | 1,853 | 2,115 | 2,167 | 2,584 | 3,498 | 4,119 | 4,392 | |
| YOY Revenue Growth % | 4.60% | -7.52% | 14.19% | 2.43% | 19.27% | 35.35% | 17.74% | ||
| Interest | 9 | 9 | 9 | 10 | 9 | 9 | 13 | 14 | |
| 722 | 481 | 444 | 569 | 602 | 675 | 762 | 894 | 965 | |
| Employee Cost % | 11% | 11% | 12% | 15% | 14% | 14% | 11% | 12% | 12% |
| Fees & Commission % | 1% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | |
| Other Expenses % | 26% | 10% | 8% | 9% | 11% | 10% | 9% | 8% | 8% |
| Financing Profit | 1,193 | 1,513 | 1,400 | 1,537 | 1,555 | 1,900 | 2,726 | 3,211 | 3,413 |
| Financing Margin % | 62% | 76% | 76% | 73% | 72% | 74% | 78% | 78% | 78% |
| Other Income | 182 | 140 | 349 | 318 | 316 | 578 | 560 | 499 | 504 |
| Depreciation | 13 | 50 | 55 | 54 | 53 | 52 | 58 | 73 | 79 |
| Profit before tax | 1,375 | 1,653 | 1,749 | 1,855 | 1,871 | 2,478 | 3,286 | 3,710 | 3,917 |
| 32% | 24% | 24% | 25% | 24% | 21% | 25% | 23% | 24% | |
| Current tax | 445 | 411 | 369 | 419 | 421 | 518 | 730 | 806 | |
| Deferred tax | -1 | -20 | 54 | 43 | 25 | 15 | 95 | 45 | |
| 931 | 1,262 | 1,326 | 1,393 | 1,424 | 1,946 | 2,461 | 2,859 | 2,982 | |
| YOY Profit Growth % | 35.66% | 5.02% | 5.08% | 2.21% | 36.66% | 26.47% | 16.18% | ||
| EPS in Rs | 21.94 | 29.69 | 31.14 | 32.68 | 33.38 | 45.58 | 57.60 | 66.80 | 69.58 |
| Dividend Payout % | 63% | 53% | 61% | 67% |
Compounded Sales Growth
- 5 Years:
- 17%
- 3 Years:
- 24%
- TTM:
- 15%
Compounded Profit Growth
- 5 Years:
- 17%
- 3 Years:
- 26%
- TTM:
- 9%
Stock Price CAGR
- 5 Years:
- 10%
- 3 Years:
- 19%
- 1 Year:
- -17%
Return on Equity
- 4 Years:
- 30%
- Last Year:
- 33%
Financial years ending March; TTM = the last four quarters. Source: the company's results filed with NSE, as reported. EPS restated for bonus issues and splits. Tap a row marked + for its breakdown. Dividend payout = dividends paid in the year ÷ net profit.
Balance Sheet
Consolidated figures in ₹ crore, as at 31 March
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| Equity Capital | 107 | 107 | 107 | 214 |
| Reserves | 6,001 | 6,968 | 8,023 | 9,015 |
| Borrowings | 130 | |||
| 298 | 479 | 621 | 763 | |
| Trade payables | 34 | 39 | 40 | 47 |
| Current liabilities | 221 | 261 | 280 | 314 |
| Total Liabilities | 6,536 | 7,554 | 8,751 | 9,991 |
| 138 | 138 | 183 | 261 | |
| Gross block | 274 | 290 | 336 | 430 |
| Accumulated depreciation | 136 | 152 | 153 | 169 |
| Goodwill & intangibles | 15 | 16 | 16 | 13 |
| 6,399 | 7,416 | 8,568 | 9,731 | |
| Trade receivables | 184 | 93 | 134 | 159 |
| Cash & equivalents | 4 | 10 | 12 | 12 |
| Current assets | 1,360 | 1,798 | 2,265 | 2,733 |
| Total Assets | 6,536 | 7,554 | 8,751 | 9,991 |
Source: Yahoo Finance (compiled from the annual reports). Tap a row marked + for its breakdown.
Cash Flows
Consolidated figures in ₹ crore, financial years ending March
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 1,149 | 1,615 | 2,075 | 2,528 | |
| Profit for the year | 1,423 | 1,943 | 2,460 | 2,858 |
| Working capital changes | -101 | 136 | -32 | -22 |
| Direct taxes paid | -410 | -530 | -717 | -820 |
| -217 | -542 | -598 | -643 | |
| Fixed assets purchased | -14 | -19 | -45 | -23 |
| Fixed assets sold | 0 | 0 | 0 | 0 |
| Investments purchased | -3,312 | -3,687 | -4,081 | -5,526 |
| Investments sold | 3,074 | 3,128 | 3,506 | 4,862 |
| -930 | -1,066 | -1,475 | -1,886 | |
| Interest paid | -10 | -9 | -9 | -13 |
| Dividends paid | -896 | -1,025 | -1,495 | -1,925 |
| Net Cash Flow | 3 | 6 | 2 | -1 |
| Free Cash Flow | 1,135 | 1,596 | 2,030 | 2,505 |
Free cash flow = cash from operations − capital expenditure. Source: Yahoo Finance.
Ratios
| Ratio | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| ROE | — | 23.3% | 29.5% | 32.4% | 32.9% |
| Net margin | — | 65.7% | 75.2% | 70.3% | 69.3% |
Computed from the reported statements: ROE on average equity; ROCE = EBIT / (total assets − current liabilities).
Shareholding Pattern
Numbers in percentages · as filed with NSE each quarter
- Promoters 52.29%
- FIIs 24.07%
- DIIs 14.57%
- Public 9.06%
| % | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 52.55% | 52.55% | 52.52% | 52.51% | 52.48% | 52.47% | 52.44% | 52.42% | 52.38% | 52.37% | 52.34% | 52.29% |
| 17.99% | 20.01% | 20.61% | 21.55% | 21.32% | 20.51% | 21.97% | 24.69% | 23.99% | 24.45% | 24.10% | 24.07% | |
| Foreign portfolio investors (Cat. I) | 17.64% | 19.58% | 20.04% | 20.69% | 20.44% | 19.71% | 21.10% | 23.67% | 23.21% | 23.70% | 23.44% | 23.51% |
| Foreign portfolio investors (Cat. II) | 0.35% | 0.43% | 0.56% | 0.86% | 0.88% | 0.80% | 0.87% | 1.02% | 0.78% | 0.75% | 0.66% | 0.56% |
| 19.51% | 18.37% | 17.67% | 16.91% | 17.04% | 18.01% | 16.66% | 14.13% | 14.89% | 14.43% | 14.76% | 14.57% | |
| Mutual funds | 11.67% | 10.86% | 11.08% | 10.61% | 10.43% | 11.08% | 10.56% | 8.58% | 8.86% | 8.44% | 8.50% | 8.25% |
| Insurance companies | 7.54% | 7.16% | 6.14% | 4.21% | 4.13% | 4.34% | 3.34% | 2.99% | 3.19% | 2.88% | 2.96% | 3.13% |
| Banks | 0.02% | 0.02% | 0.05% | 0.06% | 0.12% | 0.14% | ||||||
| Provident & pension funds | 0.06% | 1.67% | 2.13% | 2.32% | 2.34% | 2.25% | 2.59% | 2.88% | 3.01% | 2.90% | ||
| Alternative investment funds | 0.29% | 0.35% | 0.39% | 0.43% | 0.35% | 0.27% | 0.40% | 0.29% | 0.21% | 0.16% | 0.17% | 0.15% |
| 9.96% | 9.07% | 9.20% | 9.02% | 9.16% | 9.00% | 8.92% | 8.75% | 8.73% | 8.75% | 8.80% | 9.06% | |
| Retail (up to ₹2 lakh) | 7.27% | 6.64% | 6.70% | 6.58% | 6.68% | 6.60% | 6.51% | 6.52% | 6.24% | 6.24% | 6.27% | 6.41% |
| HNIs (above ₹2 lakh) | 1.11% | 1.06% | 1.07% | 1.03% | 1.04% | 1.01% | 0.94% | 0.85% | 1.08% | 1.07% | 1.06% | 1.06% |
| NRIs | 0.45% | 0.41% | 0.41% | 0.40% | 0.42% | 0.40% | 0.40% | 0.39% | 0.36% | 0.37% | 0.36% | 0.37% |
| Bodies corporate | 0.61% | 0.50% | 0.58% | 0.62% | 0.63% | 0.61% | 0.57% | 0.59% | 0.67% | 0.67% | 0.70% | 0.79% |
| No. of Shareholders | 4,57,910 | 4,36,183 | 4,32,584 | 4,26,681 | 4,36,623 | 4,33,737 | 4,26,484 | 4,32,251 | 4,32,820 | 4,35,815 | 4,32,914 | 4,41,386 |
Source: shareholding patterns filed by the company with NSE. Public = non-institutional holders. Tap a row marked + for its breakdown.
Documents
Announcements
- Copy of Newspaper PublicationHDFC Asset Management Company Limited has informed the Exchange about Copy of Newspaper Publication16-Oct-2026
- Investor PresentationHDFC Asset Management Company Limited has informed the Exchange about Investor Presentation15-Oct-2026
- Outcome of Board MeetingHDFC Asset Management Company Limited has submitted to the Exchange, the financial results for the period ended September 30, 2026.15-Oct-2026
- ESOP/ESOS/ESPSHDFC Asset Management Company Limited has informed the Exchange regarding Grant of 68850 Options/PSUs.15-Oct-2026
- Allotment of SecuritiesHDFC Asset Management Company Limited has informed the Exchange regarding allotment of 262864 securities pursuant to ESOP/ESPS at its meeting held on September 21, 202621-Sep-2026
- General UpdatesHDFC Asset Management Company Limited has informed the Exchange about ESG Rating18-Sep-2026
- Allotment of SecuritiesHDFC Asset Management Company Limited has informed the Exchange regarding allotment of 23752 securities pursuant to ESOP/ESPS at its meeting held on August 20, 202620-Aug-2026
- General UpdatesHDFC Asset Management Company Limited has informed the Exchange about ESG rating11-Aug-2026
- Resignation of Director/KMP/SMPHDFC Asset Management Company Limited has informed the Exchange about Resignation of Director/KMP/SMP04-Aug-2026
- Change in ManagementHDFC Asset Management Company Limited has informed the Exchange about change in Management04-Aug-2026
- Allotment of SecuritiesHDFC Asset Management Company Limited has informed the Exchange regarding allotment of 133528 securities pursuant to ESOP/ESPS at its meeting held on July 20, 202620-Jul-2026
- General UpdatesHDFC Asset Management Company Limited has informed the Exchange about disclosure of ESG Rating16-Jul-2026
Annual reports
- Financial Year 202601-JUN-2026
- Financial Year 202503-JUN-2025
- Financial Year 202403-JUL-2024
- Financial Year 2023
- Financial Year 2022
- Financial Year 2021
- Financial Year 2020
- Financial Year 2019
Credit ratings
None filed recently.
Concalls & investor meets
- Analysts/Institutional Investor Meet/Con. Call UpdatesHDFC Asset Management Company Limited has informed the Exchange about Schedule of meet - Non Deal Road show16-Oct-2026
- Analysts/Institutional Investor Meet/Con. Call UpdatesHDFC Asset Management Company Limited has informed the Exchange about Link of Recording15-Oct-2026
- Analysts/Institutional Investor Meet/Con. Call UpdatesHDFC Asset Management Company Limited has informed the Exchange about Intimation of conference call on financial results for the quarter and half year ended September 30, 202601-Oct-2026
- Analysts/Institutional Investor Meet/Con. Call UpdatesHDFC Asset Management Company Limited has informed the Exchange about Schedule of meet01-Sep-2026
- Analysts/Institutional Investor Meet/Con. Call UpdatesHDFC Asset Management Company Limited has informed the Exchange about Schedule of meet18-Aug-2026
- Analysts/Institutional Investor Meet/Con. Call UpdatesHDFC Asset Management Company Limited has informed the Exchange about Schedule of meet03-Aug-2026
- Analysts/Institutional Investor Meet/Con. Call UpdatesHDFC Asset Management Company Limited has informed the Exchange about Transcript17-Jul-2026
- Analysts/Institutional Investor Meet/Con. Call UpdatesHDFC Asset Management Company Limited has informed the Exchange about Link of Recording15-Jul-2026
- Analysts/Institutional Investor Meet/Con. Call UpdatesHDFC Asset Management Company Limited has informed the Exchange about Intimation of conference call on financial results for the quarter ended June 30, 202602-Jul-2026
- Analysts/Institutional Investor Meet/Con. Call UpdatesHDFC Asset Management Company Limited has informed the Exchange about Schedule of meet08-Jun-2026
Filings made by the company with NSE; documents open on NSE's website.
Key dates
- Results announced
- 14 Jan 2027
- Ex-dividend date
- 5 Jun 2026
- Latest quarter
- 30 Sep 2026
- Financial year end
- 31 Mar 2026
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