|
14 Sep 2025 |
HDFC AMC
|
Consensus Share Price Target
|
5798.50 |
5759.08 |
- |
-0.68 |
buy
|
|
|
|
|
20 Dec 2022
|
HDFC AMC
|
Bonanza
|
5798.50
|
2600.00
|
2290.80
(153.12%)
|
Target met |
Buy
|
|
|
After a long bearish trend, now the price has recovered from the prior demand zone which is placed around the IPO range.
|
|
20 Oct 2022
|
HDFC AMC
|
ICICI Securities Limited
|
5798.50
|
2210.00
|
2035.35
(184.89%)
|
Target met |
Accumulate
|
|
|
HDFC Asset Management (HDFC AMC) reported 4% QoQ growth in EBITDA driven by better than expected yields (50.8bps in Q2FY23 vs 50.2bps in Q1FY23) on the back of higher equity mix.
|
|
20 Oct 2022
|
HDFC AMC
|
ICICI Direct
|
5798.50
|
2200.00
|
1960.30
(195.80%)
|
Target met |
Hold
|
|
|
|
|
27 Jul 2022
|
HDFC AMC
|
Geojit BNP Paribas
|
5798.50
|
1750.00
|
1947.30
(197.77%)
|
Target met |
Sell
|
|
|
|
|
24 Jul 2022
|
HDFC AMC
|
ICICI Direct
|
5798.50
|
2200.00
|
1860.35
(211.69%)
|
Target met |
Buy
|
|
|
|
|
28 Apr 2022
|
HDFC AMC
|
ICICI Direct
|
5798.50
|
2400.00
|
2053.25
(182.41%)
|
|
Buy
|
|
|
|
|
03 Feb 2022
|
HDFC AMC
|
Geojit BNP Paribas
|
5798.50
|
2436.00
|
2300.30
(152.08%)
|
Target met |
Hold
|
|
|
Q3FY22 revenue from operations grew 14.1% YoY to Rs. 550cr, as AUM surged to Rs 4,27,300cr (+5% YoY), aided by increase in gross inflow from equity-oriented funds to 33.3%, along with remunerative mix of higher percentage of equity AUM. This was offset by dilution in margins in some of the schemes. EBITDA grew to Rs. 412cr (+7.3% YoY), although EBITDA margin contracted to 75.0% (-460 bps YoY) which was directly impacted by ESOP expenses to the tune of Rs. 17cr. Profit after tax dipped slightly to Rs. 360cr (-2.4% YoY) due to lower other income (-23.8% YoY to Rs. 86cr) and higher taxation (+10.6% YoY to Rs. 125cr)....
|
|
25 Jan 2022
|
HDFC AMC
|
ICICI Securities Limited
|
5798.50
|
2550.00
|
2230.65
(159.95%)
|
|
Hold
|
|
|
|
|
26 Oct 2021
|
HDFC AMC
|
ICICI Securities Limited
|
5798.50
|
3000.00
|
2736.15
(111.92%)
|
|
Hold
|
|
|
|
|
20 Jul 2021
|
HDFC AMC
|
Geojit BNP Paribas
|
5798.50
|
3170.00
|
2899.60
(99.98%)
|
Target met |
Hold
|
|
|
While inflows witness a gradual uptick, challenges remain with declining market share and uncertainties. However, digital resurgence, new product launches, prospective inflows on the back of brand value should aid growth. Given balanced risk-reward position, we maintain our HOLD rating with a revised TP of Rs. 3,170 based on 41x FY23E EPS. Topline and PAT grow upon healthy inflows Total revenue from operations for Q1FY22 rose 23.2% YoY to Rs. 507cr, on healthy inflows into equity-oriented funds. EBITDA came in at Rs. 379cr (+20.5% YoY) while...
|