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13 Jul 2025 |
UTI Asset Management
|
Consensus Share Price Target
|
1394.70 |
1268.87 |
- |
-9.02 |
buy
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13 Jun 2025
|
UTI Asset Management
|
Motilal Oswal
|
1394.70
|
1550.00
|
1229.50
(13.44%)
|
11.14 |
Buy
|
|
|
UTI AMC’s fund performance over the past five months has improved considerably, with an average of ~70% equity AUM appearing in Q1 and Q2 on a one-year return basis in May’25 vs an average of 25% in the preceding 12 months.
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02 May 2025
|
UTI Asset Management
|
Prabhudas Lilladhar
|
1394.70
|
1300.00
|
1018.40
(36.95%)
|
Target met |
Buy
|
|
|
QoQ at 33.9bps. Equity performance in 1-yr bucket has been consistently improving since Mar'24, and 59% of equity AUM is in quartile 1 & 2 as of Mar'25. A dilution of 1-2bps is expected in yields which will be cushioned by commission rationalization carried out in Q4FY25. Staff cost is guided to grow by 3%/5% at the standalone/consol level; we envisage other opex to grow at an 11% CAGR...
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08 Apr 2025
|
UTI Asset Management
|
Ventura
|
1394.70
|
1485.00
|
1010.30
(38.05%)
|
6.47 |
Buy
|
|
|
Steady AUM Growth with Improving Mix and Profitability
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28 Jan 2025
|
UTI Asset Management
|
Motilal Oswal
|
1394.70
|
1300.00
|
1052.00
(32.58%)
|
Target met |
Buy
|
|
|
UTI AMC’s operating revenue grew 29% YoY to INR3.8b (in line). Yields remained flat YoY and QoQ at 42.6bp in 3QFY25. For 9MFY25, revenue grew 26% YoY to INR10.9b.
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02 Dec 2024
|
UTI Asset Management
|
East India Securities Ltd
|
1394.70
|
1489.00
|
1299.25
(7.35%)
|
6.76 |
Buy
|
|
|
UTI Asset Management Company Ltd (UTI AMC), along with its group companies, is present across various business segments like Mutual Funds, Alternate Investment Funds, Pension Business and Portfolio Management Services. Considering the future growth visibility, we assign BUY rating with target price of Rs.1,489 per share.
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27 Apr 2024
|
UTI Asset Management
|
Prabhudas Lilladhar
|
1394.70
|
1050.00
|
974.40
(43.13%)
|
Target met |
Buy
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|
|
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27 Apr 2024
|
UTI Asset Management
|
BOB Capital Markets Ltd.
|
1394.70
|
925.00
|
974.40
(43.13%)
|
Target met |
Hold
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Q4 QAAUM grew 22% YoY to Rs 2.9tn, but equity and hybrid schemes combined saw sustained outflows
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31 Jan 2024
|
UTI Asset Management
|
BOB Capital Markets Ltd.
|
1394.70
|
909.00
|
929.40
(50.06%)
|
Target met |
Buy
|
|
|
NAM: Strong growth but upside capped cut to HOLD. APOLP: Disappointing result on all fronts. ITC: Cigarette and paperboard businesses disappoint. LT: Order inflow guidance raised; maintain BUY. NTPC: Normal quarter, aggressive expansion; maintain BUY. MRCO: Domestic business still lacklustre. UTIAM: Core earnings miss estimates. ASTRA: Mixed quarter, guidance broadly intact
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20 Oct 2023
|
UTI Asset Management
|
ICICI Securities Limited
|
1394.70
|
810.00
|
785.90
(77.47%)
|
Target met |
Hold
|
|
|
UTI had reported strong 37% QoQ core EBITDA growth in Q2FY24 compared to 26% QoQ growth in Q1FY24. Operationally Q2FY24 saw sequential equity / total market share decline of 8bps / 13bps to 5.68%/4.31% on the basis of AAUM, along with a decline in SIP flow/AUM share.
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19 Oct 2023
|
UTI Asset Management
|
BOB Capital Markets Ltd.
|
1394.70
|
835.00
|
785.90
(77.47%)
|
Target met |
Hold
|
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|
Q2 AUM grew 14% YoY to Rs 2.7tn but equity and hybrid schemes saw cumulative outflows for the fourth straight quarter
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30 Jul 2023
|
UTI Asset Management
|
ICICI Securities Limited
|
1394.70
|
824.00
|
785.30
(77.60%)
|
Target met |
Hold
|
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|
While UTI reported strong 26% QoQ EBITDA growth in Q1FY24, there was sequential equity / total market share decline of 5bps / 9bps on the basis of ending AUM, along with marginal decline in SIP flow/AUM share. However, employee cost is now showing consistent signs of stabilising (broadly at INR 1bn levels for 5 quarters), which should help earnings growth. International and retirement subsidiaries offer good diversification.
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27 Jul 2023
|
UTI Asset Management
|
Prabhudas Lilladhar
|
1394.70
|
900.00
|
806.45
(72.94%)
|
Target met |
Buy
|
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01 May 2023
|
UTI Asset Management
|
ICICI Securities Limited
|
1394.70
|
730.00
|
658.25
(111.88%)
|
Target met |
Accumulate
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|
UTI AMC’s (UTI) Q4FY23 performance was weak due to higher other expenses, and dip in AUM and operating revenue yields. Our thesis of employee cost rationalisation and better-than-peer growth driven by diversification (20% total revenues from non-MF businesses) remains valid.
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28 Apr 2023
|
UTI Asset Management
|
Prabhudas Lilladhar
|
1394.70
|
770.00
|
658.25
(111.88%)
|
Target met |
Buy
|
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28 Apr 2023
|
UTI Asset Management
|
BOB Capital Markets Ltd.
|
1394.70
|
800.00
|
658.25
(111.88%)
|
Target met |
Buy
|
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Equity outflows coupled with softer yields dampened Q4; core PAT flat YoY at Rs 571mn, well below our estimate
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03 Feb 2023
|
UTI Asset Management
|
ICICI Securities Limited
|
1394.70
|
790.00
|
695.80
(100.45%)
|
Target met |
Accumulate
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|
UTI AMC’s (UTI) Q3FY23 performance is on track to achieve Rs5bn/5.6bn EBITDA ex other income in FY23/24E. Our thesis of employee cost rationalisation and better-than- peer growth driven by diversification (20% total revenue from non-MF businesses) remains valid.
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02 Feb 2023
|
UTI Asset Management
|
BOB Capital Markets Ltd.
|
1394.70
|
983.00
|
725.85
(92.15%)
|
|
Buy
|
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MTM loss from subsidiary UTI International coupled with softer yields dampens Q3; core MF business market share intact at ~6%
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25 Oct 2022
|
UTI Asset Management
|
ICICI Securities Limited
|
1394.70
|
960.00
|
763.70
(82.62%)
|
|
Buy
|
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We continue to prefer UTI AMC (UTI) among the listed asset management companies on the back of attractive valuations (FY24 core PE at 13.4x) and more levers than peers for earnings growth.
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28 Apr 2022
|
UTI Asset Management
|
Yes Securities
|
1394.70
|
1248.00
|
778.30
(79.20%)
|
|
Buy
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04 Mar 2021
|
UTI Asset Management
|
Way2Wealth
|
1394.70
|
|
604.10
(130.87%)
|
|
Buy
|
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