Aditya Birla Sun Life AMC Limited Earnings Summary — Q1 FY2027
Aditya Birla Sun Life AMC Reports 65% Sequential Profit Growth in Q1 FY2027
Quarterly Business Intelligence
AI Quarterly Scorecard™
Computed deterministically from the last 10 reported quarters.
Quarterly Business Momentum
- Revenue grew 1.0% sequentially in Q1 FY2027.
- Revenue of ₹463 Cr is 3.5% higher year-on-year.
- Revenue has compounded at 11.1% annualised over the last 10 quarters.
- Net profit has reached its highest level in 10 quarters.
- Net profit of ₹309 Cr is 11.7% above the same quarter last year.
- Profit growth is outpacing revenue growth, pointing to positive operating leverage.
- Net profit has compounded at 19.2% annualised across the period.
- Operating margin stands at 55.6% in Q1 FY2027.
- Operating margin compressed by 380 bps year-on-year.
- Over the last two years operating margin has contracted by 132 bps.
- PBT margin is 87.7%.
- Expenses grew 13.2% against revenue growth of 3.5%.
- Operating profit of ₹258 Cr is 3.1% lower year-on-year.
- Operating leverage has been under pressure recently.
- 6 of the last 6 measured quarters delivered year-on-year revenue growth.
- Overall quarterly business momentum scores 64/100 (Healthy) on the latest 10 quarters.
- Business momentum remains positive heading into the next quarter.
Quarterly Financials
Last 10 Reported Quarters • All figures in ₹ Crore • Margins in %
| Metric | Trend | Latest Q1 FY2027 | Q4 FY2026 | Q3 FY2026 | Q2 FY2026 | Q1 FY2026 | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 | Q1 FY2025 | Q4 FY2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | Stable | 463 | 458 | 478 | 461 | 447 | 429 | 445 | 424 | 387 | 366 |
| Expenses | Stable | 205 | 192 | 188 | 179 | 181 | 185 | 171 | 174 | 166 | 161 |
| Operating Profit | Stable | 258 | 266 | 290 | 283 | 266 | 244 | 274 | 250 | 220 | 205 |
| Operating Margin | Stable | 55.6% | 58.1% | 60.6% | 61.3% | 59.5% | 56.9% | 61.6% | 59.0% | 57.0% | 56.0% |
| Other Income | Volatile | 162 | -33 | 82 | 45 | 118 | 72 | 38 | 96 | 95 | 74 |
| Interest | Stable | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 2 |
| Depreciation | Improving | 13 | 13 | 12 | 11 | 10 | 10 | 11 | 10 | 9 | 10 |
| Profit Before Tax | Accelerating | 406 | 219 | 358 | 316 | 372 | 305 | 300 | 335 | 305 | 268 |
| Tax | Volatile | 97 | 32 | 89 | 74 | 95 | 77 | 75 | 93 | 69 | 59 |
| Net Profit | Accelerating | 309 | 187 | 270 | 241 | 277 | 228 | 224 | 242 | 236 | 208 |
| Net Margin | Accelerating | 66.8% | 40.8% | 56.4% | 52.3% | 61.9% | 53.2% | 50.4% | 57.1% | 61.0% | 57.0% |
Key Takeaways
- Consolidated Net Profit surged to ₹309.49 crore in Q1 FY27, representing a significant 65% increase compared to the immediately preceding quarter (Q4 FY26).
- Total income was bolstered by a sharp recovery in 'Other Income' to ₹162.39 crore, compared to a negative ₹32.86 crore in the prior quarter.
- Operating revenue remained relatively flat with a modest YoY growth of 3.48% and QoQ growth of 1.03%.
- Employee benefit expenses increased to ₹116.34 crore, up 25.6% YoY, impacting the core operating margins.
- The company continues to maintain a capital-light model, with the Board approving a substantial final dividend of ₹25.50 per share for the prior fiscal year.
- International subsidiaries contributed a total revenue of ₹9.4 crore but recorded a net loss of ₹1.9 crore for the quarter.
Management Guidance
Management maintains a strategic focus on increasing the share of high-margin Equity AUM and expanding its presence in Passive AUM segments.
Sentiment Shift
Improving
The sharp bottom-line recovery compared to the prior quarter, driven largely by mark-to-market gains in other income, outweighs the stagnant core revenue growth.
Outlook
The outlook remains stable with expectations of margin expansion driven by operating leverage as Equity AUM grows, despite high competitive intensity and regulatory oversight on expense ratios.
From the Annual Report (Key Quotes)
“The primary segment is identified as asset management services... there are no separate reportable segments.”
“The Board of Directors has approved a final dividend of ₹25.50 per equity share for the year ended March 31, 2026.”
Official Quarterly Documents
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This summary is AI-generated from Aditya Birla Sun Life AMC Limited's latest quarterly filing and earnings call. For informational purposes only — not investment advice.