Strong distribution network with 280 branches and over 1,09,000 empanelled distribution partners Q4FY26 performance: HDFC AMC reported steady set of Q4FY26 results. Quarterly average AUM (QAAUM) grew ~20% YoY, 0.3% QoQ to 9.3 tn, while market share remained stable at ~11.4%. Sequentially, revenue yield was down ~1 bp at 45.3 bps owing to lower number of days i.e. 90 days in Q4 vs 92 in Q3. Revenue grew 17% YoY, -2% QoQ to 1,050 crore. EBITDA margin was broadly stable. PAT reported at 623 crore, declining by 2.5% YoY and 19.1% QoQ mainly owing to lower other...