|
03 Jun 2025 |
Aditya Birla Sun Life AMC
|
Consensus Share Price Target
|
749.60 |
720.09 |
- |
-3.94 |
buy
|
|
|
|
|
28 Apr 2025
|
Aditya Birla Sun Life AMC
|
Motilal Oswal
|
749.60
|
780.00
|
642.25
(16.71%)
|
4.06 |
Buy
|
|
|
Aditya Birla Sun Life AMC’s (ABSLAMC) 4QFY25 operating revenue grew 17% YoY to ~INR4.3b (in line), leading to a ~0.9bp YoY improvement in yield on management fees to 44.9bp (vs. our est. of 45.4bp). For FY25, revenue grew 25% YoY to INR16.8b.
|
|
25 Apr 2025
|
Aditya Birla Sun Life AMC
|
Ventura
|
749.60
|
917.00
|
642.30
(16.71%)
|
22.33 |
Buy
|
|
|
Steady AUM Growth with improving mix and profitability
|
|
28 Jan 2025
|
Aditya Birla Sun Life AMC
|
Motilal Oswal
|
749.60
|
850.00
|
611.80
(22.52%)
|
13.39 |
Buy
|
|
|
Aditya Birla Sun Life AMC’s (ABSLAMC) 3QFY25 operating revenue grew 30% YoY to ~INR4.5b (5% beat), leading to a ~250bp YoY improvement in yield on management fees to 46.4bp (vs. our est. of 44.3bp). For 9MFY25, revenue grew 27% YoY to INR12.6b.
|
|
29 Apr 2024
|
Aditya Birla Sun Life AMC
|
BOB Capital Markets Ltd.
|
749.60
|
520.00
|
539.45
(38.96%)
|
Target met |
Hold
|
|
|
AXSB: Moderate business growth; PAT supported by other income. IIB: Stable performance. SBICARD: Trend of lower NIM, higher credit cost persists. ABSLAMC: Better quarter
|
|
01 Feb 2024
|
Aditya Birla Sun Life AMC
|
BOB Capital Markets Ltd.
|
749.60
|
500.00
|
470.55
(59.30%)
|
Target met |
Hold
|
|
|
MSIL: Healthy all-round performance raise to BUY. DRRD: Buoyant US sales drive performance. VOLT: UCP improving, Qatar business a dampener. DIXON: Mobile business dials up growth; maintain BUY. KJC: Soft demand, intense competition mar quarter. BLSTR: Purple patch continues; maintain BUY. KECI: Pipeline robust, margin improvement delayed. ABSLAMC: Double-digit growth but market share bleed continues. Metals & Mining: Jindal Stainless: Management meet takeaways
|
|
31 Jan 2024
|
Aditya Birla Sun Life AMC
|
BOB Capital Markets Ltd.
|
749.60
|
500.00
|
477.70
(56.92%)
|
Target met |
Hold
|
|
|
QAAUM grew 11% YoY to Rs 3.1tn in Q3 with equity assets rising even faster at 13%; however, market share inched down
|
|
30 Oct 2023
|
Aditya Birla Sun Life AMC
|
BOB Capital Markets Ltd.
|
749.60
|
440.00
|
440.20
(70.29%)
|
Target met |
Hold
|
|
|
QAAUM grew 10% YoY to Rs 3.1tn in Q2 with equity assets rising 9%; however, market share inched down
|
|
29 Oct 2023
|
Aditya Birla Sun Life AMC
|
ICICI Securities Limited
|
749.60
|
462.00
|
438.45
(70.97%)
|
Target met |
Accumulate
|
|
|
Aditya Birla Sun Life AMC (ABSL) is likely to benefit from prospects of better fund performance/AUM growth, strong retail franchise and benign revision in TER regulation compared to its earlier announcements. Equity and SIP flow market shares are yet to witness meaningful stabilisation.
|
|
01 Aug 2023
|
Aditya Birla Sun Life AMC
|
ICICI Securities Limited
|
749.60
|
435.00
|
416.80
(79.85%)
|
Target met |
Accumulate
|
|
|
We upgrade Aditya Birla Sun Life AMC (ABSL) on the back of improved earnings growth prospects driven by better fund performance, strong retail franchise and revision in TER regulation, which is now expected to be favourable (Link) vs earlier announcements.
|
|
27 Jul 2023
|
Aditya Birla Sun Life AMC
|
BOB Capital Markets Ltd.
|
749.60
|
425.00
|
406.95
(84.20%)
|
Target met |
Hold
|
|
|
QAAUM grew 5% YoY to Rs 2.9tn in Q1; market share inched up to 6.9% after a prolonged decline
|
|
01 May 2023
|
Aditya Birla Sun Life AMC
|
ICICI Securities Limited
|
749.60
|
356.00
|
338.15
(121.68%)
|
Target met |
Buy
|
|
|
Aditya Birla Sun Life AMC (ABSL AMC) has reported Rs1.1bn of core PAT in Q4FY23, down 14% QoQ. While yield performance had been stable for the last seven quarters ending Q3FY23 (~44bps at an aggregate level), Q4FY23 witnessed a marginal decline to 43.2bps.
|
|
30 Jan 2023
|
Aditya Birla Sun Life AMC
|
ICICI Securities Limited
|
749.60
|
445.00
|
419.20
(78.82%)
|
Target met |
Hold
|
|
|
Aditya Birla Sun Life AMC (ABSL AMC) reported Rs1.3bn of core PAT in Q3FY23, down 2.4% QoQ. While yield performance has been stable for the last seven quarters (~44bps at an aggregate level), declining equity/SIP market share (Q1/Q2/Q3FY23 equity market share was 8.4%/8,2%/7.9%, while SIP market share was 8.3%/8%/7.9%) and flattish quarterly operating EBITDA of Rs1.8bn have led to muted earnings growth expectations.
|
|
28 Jan 2023
|
Aditya Birla Sun Life AMC
|
BOB Capital Markets Ltd.
|
749.60
|
488.00
|
427.30
(75.43%)
|
Target met |
Hold
|
|
|
Market share declines to 7% as Q3 QAAUM falls 6% YoY to Rs 2.8tn vs. 5% growth for the industry
|
|
28 Apr 2022
|
Aditya Birla Sun Life AMC
|
Yes Securities
|
749.60
|
692.00
|
513.95
(45.85%)
|
|
Buy
|
|
|
|
|
28 Apr 2022
|
Aditya Birla Sun Life AMC
|
Yes Securities
|
749.60
|
692.00
|
513.95
(45.85%)
|
|
Buy
|
|
|
|
|
28 Apr 2022
|
Aditya Birla Sun Life AMC
|
Yes Securities
|
749.60
|
692.00
|
513.95
(45.85%)
|
|
Buy
|
|
|
|
|
29 Sep 2021
|
Aditya Birla Sun Life AMC
|
Ashika Research
|
749.60
|
|
|
|
IPO Subscribe
|
|
|
Kotak Mahindra Capital Co Ltd., Bofa Securities (I) Ltd., Citigroup Global Markets India Pvt Ltd., Axis Capital Ltd., HDFC Bank Ltd., ICICI Securities Ltd., IIFL Securities Ltd., JM Financial Ltd., Motilal Oswal Investment Advisors...
|
|
29 Sep 2021
|
Aditya Birla Sun Life AMC
|
IDBI Capital
|
749.60
|
|
|
|
IPO Subscribe
|
|
|
ABSL AMC is the 4th largest Asset management company in terms of QAAUM and the largest non-bank affiliated AMC as of June 2021 with an AUM of Rs 2.9trn, a market share (based on QAAUM) of 8.5% in the industry and a client base accounts 7mn folio. ABSL AMC PAT has grown at a CAGR of 15% from FY18 to FY21, and RoE has improved by 700bps during the same period to 33.7%. ABSL AMC has the second highest share from B-30 centers, (FY16: 19.3% Q1FY22: 27.4%) At upper price band, IPO is priced at a P/E of 33x discount to peers (Nippon India P/E of 39x and HDFC AMC with P/E of 50x). With focus on growing market share through higher distribution tie-ups, increasing margin...
|
|
28 Sep 2021
|
Aditya Birla Sun Life AMC
|
HDFC Securities
|
749.60
|
|
|
|
IPO Note
|
|
|
Aditya Birla Sun Life AMC Limited Issue Open: Sep 29 Oct 01 2021 Price Band: Rs. 695 712 Issue Size: 38,880,000 eq sh (Entirely Offer for Sale) Rs.2702.1 -2768.2 cr Reservation for: QIB Upto 18,468,000 eq sh Non Institutional atleast 5,540,400 eq sh Retail atleast 12,927,600 eq sh ABCL Shareholders Upto 1,944,000 eq sh
|
|
28 Sep 2021
|
Aditya Birla Sun Life AMC
|
Angel Broking
|
749.60
|
|
|
|
IPO Subscribe
|
|
|
Aditya Birla Sun Life AMC Limited (ABSLAMC) is ranked as the largest non-bank affiliated AMC in India by Quarterly Average Assets Under Management (QAAUM) since March 31, 2018, and among the four largest AMCs in India. Company managed total AUM of ?2,93,642 crores under the suite of mutual fund (excluding our domestic FoFs), portfolio management
|