|
24 May 2025 |
HDFC AMC
|
Consensus Share Price Target
|
4814.10 |
4644.60 |
- |
-3.52 |
buy
|
|
|
|
|
02 May 2025
|
HDFC AMC
|
Geojit BNP Paribas
|
4814.10
|
4774.00
|
4382.90
(9.84%)
|
Target met |
Hold
|
|
|
|
|
21 Apr 2025
|
HDFC AMC
|
KRChoksey
|
4814.10
|
4920.00
|
4218.00
(14.13%)
|
2.20 |
Buy
|
|
|
We have reduced our EPS estimates for FY26E and FY27E to INR 128.3 and INR 144.7 respectively, factoring in higher finance costs We remain cautious in the near term due to market volatility and weak investor sentiment.
|
|
17 Apr 2025
|
HDFC AMC
|
Motilal Oswal
|
4814.10
|
5000.00
|
4218.00
(14.13%)
|
3.86 |
Buy
|
|
|
HDFC AMC’s operating revenue was up 30% YoY/down 4% QoQ at INR9b (in line) in 4QFY25. Yields for the quarter came in at 46.6bp vs. 45.4bp in 4QFY24 and 47.5bp in 3QFY25. FY25 yields stood at INR35b, up 35% YoY.
|
|
27 Mar 2025
|
HDFC AMC
|
Ventura
|
4814.10
|
4466.00
|
4073.30
(18.19%)
|
Target met |
Buy
|
|
|
Consistent performer in a growing industry
|
|
26 Mar 2025
|
HDFC AMC
|
Motilal Oswal
|
4814.10
|
4800.00
|
4071.35
(18.24%)
|
Target met |
Buy
|
|
|
HDFC AMC is India's third-largest mutual fund house with QAAUM of INR7.9t. It holds an overall market share of 11.5% and a 12.8% share in actively managed equity QAAUM, underpinned by strong brand reputation, consistent fund performance, and an extensive distribution network.
|
|
14 Jan 2025
|
HDFC AMC
|
Motilal Oswal
|
4814.10
|
5200.00
|
3865.05
(24.55%)
|
8.02 |
Buy
|
|
|
3QFY25 operating revenue grew 39% YoY/5% QoQ to INR9.3b (in line with est.). The sequential growth was driven by AUM growth and a 0.7bp QoQ improvement in yield to 47.5bp (1.1bp YoY decline)
|
|
20 Oct 2024
|
HDFC AMC
|
ICICI Direct
|
4814.10
|
5500.00
|
4709.75
(2.22%)
|
14.25 |
Buy
|
|
|
|
|
17 Oct 2024
|
HDFC AMC
|
KRChoksey
|
4814.10
|
5388.00
|
4728.65
(1.81%)
|
11.92 |
Buy
|
|
|
In Q2FY25, revenue stood at INR 8,872 Mn, an increase of 38.0% YoY/ 14.4% QoQ, led by strong AUM growth and sequential improvement in blended yields. Revenues were 2.3% better than our estimates.
|
|
16 Oct 2024
|
HDFC AMC
|
Prabhudas Lilladhar
|
4814.10
|
5360.00
|
4827.90
(-0.29%)
|
11.34 |
Buy
|
|
|
|
|
30 Jul 2024
|
HDFC AMC
|
Geojit BNP Paribas
|
4814.10
|
4515.00
|
4105.70
(17.25%)
|
Target met |
Hold
|
|
|
|
|
18 Jul 2024
|
HDFC AMC
|
KRChoksey
|
4814.10
|
4905.00
|
4162.50
(15.65%)
|
1.89 |
Buy
|
|
|
In Q1FY25, revenue growth stood at INR 7,752 Mn, an increase of 34.9% YoY/ 11.5% QoQ, led by strong AUM growth and sequential improvement in blended yields. Revenues were in line with our estimates.
|
|
17 Jul 2024
|
HDFC AMC
|
ICICI Direct
|
4814.10
|
4700.00
|
4087.85
(17.77%)
|
Target met |
Buy
|
|
|
|
|
16 Jul 2024
|
HDFC AMC
|
Prabhudas Lilladhar
|
4814.10
|
4700.00
|
4087.85
(17.77%)
|
Target met |
Buy
|
|
|
|
|
23 Apr 2024
|
HDFC AMC
|
KRChoksey
|
4814.10
|
4235.00
|
3647.50
(31.98%)
|
Target met |
Buy
|
|
|
In Q4FY24, revenue stood at INR 6,954 Mn, an increase of 28.6% YoY/ 3.6% QoQ. Revenues were 6.3% lower than our estimates due to the fall in blended yields.
|
|
20 Apr 2024
|
HDFC AMC
|
Prabhudas Lilladhar
|
4814.10
|
4100.00
|
3708.45
(29.81%)
|
Target met |
Buy
|
|
|
|
|
20 Apr 2024
|
HDFC AMC
|
BOB Capital Markets Ltd.
|
4814.10
|
3675.00
|
3708.45
(29.81%)
|
Target met |
Hold
|
|
|
Higher equity share drove strong overall QAAUM growth of 36% YoY in FY24; expansion in equity QAAUM market share a key positive
|
|
08 Feb 2024
|
HDFC AMC
|
KRChoksey
|
4814.10
|
4005.00
|
3643.35
(32.13%)
|
Target met |
Buy
|
|
|
High Conviction Stocks Idea
|
|
17 Jan 2024
|
HDFC AMC
|
KRChoksey
|
4814.10
|
4005.00
|
3334.40
(44.38%)
|
Target met |
Buy
|
|
|
As of December 31, 2023, the QAAUM stood at INR 5,515 Bn, reflecting 24.0% YoY/ 5.1% QoQ growth owing to the optimism seen in the capital markets over the past few quarters. The Company’s unique investor base stood at 8.7 Mn as against 42.0 Mn unique investors in the industry.
|
|
12 Jan 2024
|
HDFC AMC
|
Prabhudas Lilladhar
|
4814.10
|
3900.00
|
3454.75
(39.35%)
|
Target met |
Buy
|
|
|
|
|
11 Jan 2024
|
HDFC AMC
|
BOB Capital Markets Ltd.
|
4814.10
|
3425.00
|
3501.70
(37.48%)
|
Target met |
Hold
|
|
|
Actively managed equity QAAUM grew 40% YoY, driving 24% AUM growth in Q3; topline growth strong at 23%
|