Aditya Birla Sun Life AMC announced Q4FY24 & FY24 results: Q4FY24 Financial Highlights: Q4FY24 Revenue is at Rs. 4.4 billion; up 34% YoY. Q4FY24 Profit before Tax is at Rs 2.7 billion; up 48% YoY. Q4FY24 Profit after Tax is at Rs 2.1 billion; up 54% YoY. MF QAAUM witnessed growth of 21% YoY to Rs. 3,317 billion in Q4FY24. Equity MF QAAUM increased by 31% YoY to Rs. 1,520 billion in Q4FY24. Equity mix has grown from 42% in Q4FY23 to 46% in Q4FY24. SIP Book at Rs 12.52 billion for March 2024; up by 25% YoY. New SIP registrations for Q4FY24 was at ~5,96,400; up by 125% YoY. FY24 Financial Highlights: FY24 Profit before Tax is at Rs 10.1 billion; up 27% YoY. FY24 Profit after Tax is at Rs 7.8 billion; up 31% YoY. FY24 Revenue is at Rs. 16.4 billion; up 21% YoY. Result PDF
Conference Call with Aditya Birla Sun Life AMC Management and Analysts on Q3FY24 Performance and Outlook. Listen to the full earnings transcript.
Aditya Birla Sun Life AMC announced Q2FY24 & H1FY24 results: 1. Business Highlights: - ABSLAMC's total QAAUM including alternate assets grew by 10% YoY to Rs 3,235 billion for Q2FY24. - Mutual Fund QAAUM witnessed growth of 10% YoY to Rs 3,109 billion. - Equity Mutual Fund QAAUM increased by 9% YoY to Rs 1,302 billion, with a mix of 42% to overall Mutual Fund QAAUM. - Individual Monthly AAUM increased by 11% YoY to Rs 1,591 billion, with an individual mix of 52% of total AUM. - B-30 Monthly AAUM increased by 13% YoY to Rs 531 billion, with a B-30 mix of 17% of total AUM. - Passive AUM increased by 68% YoY to Rs 284 billion. - ABSLAMC serviced 7.89 million folios and added around 0.3 million new folios in H1FY24. - Monthly systematic flows for September 2023 was at Rs 9.68 billion with 3.23 million accounts. - Registered around 2,13,000 new SIP for the quarter ending September 30, 2023. - 83% of overall transactions and 78% of new folios were done digitally in H1FY24. - Over 76,300 KYD-compliant MFDs, 300+ National Distributors, and 85+ Banks serviced through 290+ locations. 2. Financial Highlights: - Q2FY24 Revenue from Operations is at Rs 3,350 million, up 8% YoY. - Q2FY24 Operating Profit is at Rs 1,811 million, up 5% YoY. - H1FY24 Revenue from Operations is at Rs 6,461 million compared to Rs 6,156 million in H1FY23. - H1FY24 Operating Profit is at Rs 3,436 million compared to Rs 3,444 million in H1FY23. Result PDF
Aditya Birla Sun Life AMC announced Q1FY24 results: Revenue grew by 42% YoY from Rs 2,737 million to Rs 3,889 million Profit after tax grew by 79% YoY from Rs 1,028 million to Rs 1,846 million Mutual fund QAAUM was at Rs 2,969 billion in Q1FY24 Equity mutual fund QAAUM was Rs 1,186 billion and Equity Mix to overall MF QAAUM at 40% in Q1FY24 Monthly SIP book grew by 10% YoY to Rs 9.87 billion Total QAAUM including alternate assets stood at Rs 3,084 billion for Q1FY24. Mutual fund QAAUM is at Rs 2,969 billion Equity MF QAAUM stood at Rs 1,186 billion for Q1FY24 with a mix at 40% Individual monthly AAUM at Rs 1,501 billion for June 2023. The individual mix is at 49% of the total AUM B-30 monthly AAUM at Rs 493 billion for June 2023. B-30 mix is at 16% of the total AUM ABSL AMC serviced 7.91 million folios for Q1FY24. Added around 0.1 million new folios in Q1FY24 Monthly systematic inflows (including STP) for June 2023 is Rs 9.87 billion with 3.26 million accounts Registered around 2,05,000 new SIP (including STP) for Q1FY24 For Q1FY24, around 83% of overall transactions were done digitally, and 76% of new folios were added digitally. Over 74,500 KYD-compliant MFDs, 300+ national distributors and 85+ banks serviced through 290+ locations of which over 80% is in B-30 cities Passive AUM at Rs 287 billion, with two times growth since June-2022 Commitment of Rs 8.93 billion raised in India Equity Services Fund (CAT III AIF) Result PDF