HDFC Asset Management Company's Q2 FY 2025-26 Quarterly Results

Result Summary

• HDFC Asset Management Company Ltd reported a 6.5% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Sep (Q2 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 6.2%.
• Its expenses for the quarter were up by 14.9% QoQ and 24.0% YoY.
• The net profit decreased 3.9% QoQ and increased 24.6% YoY.
• The earnings per share (EPS) of HDFC Asset Management Company Ltd stood at 33.42 during Q2 FY 2025-26.

Financial Statments for Q2 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

HDFC Asset Management Company Ltd is a leading player in the asset management industry in India. As a subsidiary of HDFC Ltd, the company manages a wide range of mutual funds across different asset classes, including equity, debt, and hybrid funds. The company is recognized for its strong brand presence, comprehensive distribution network, and robust fund performance. As of the latest available data, there are no recent major developments to report, but the company continues to maintain its position as a key contributor to the asset management sector.

Revenue

In the second quarter of fiscal year 2026 (Q2FY26), HDFC Asset Management Company Ltd reported a total income of ₹1,123.59 crores. This represents a decrease of 6.5% compared to the first quarter of fiscal year 2026 (Q1FY26), where the total income was ₹1,201.16 crores. However, on a year-over-year basis, the total income increased by 6.2% from ₹1,058.19 crores in the second quarter of fiscal year 2025 (Q2FY25). This growth indicates a positive trajectory in the company's revenue generation compared to the previous year.

Profitability

The company's Profit Before Tax (PBT) for Q2FY26 stood at ₹875.96 crores, which is a decrease of 11.1% from the previous quarter's PBT of ₹985.68 crores. On a year-over-year basis, the PBT increased slightly by 2.0% from ₹858.41 crores in Q2FY25. The Profit After Tax (PAT) for Q2FY26 was ₹718.43 crores, reflecting a 3.9% decrease from Q1FY26's PAT of ₹747.55 crores. However, the PAT increased by 24.6% compared to ₹576.61 crores in Q2FY25, demonstrating a substantial improvement in profitability over the year.

Operating Metrics

During Q2FY26, total expenses incurred by HDFC Asset Management Company Ltd amounted to ₹247.63 crores. This marks a 14.9% increase from the previous quarter's expenses of ₹215.48 crores and a 24.0% rise compared to expenses of ₹199.78 crores in Q2FY25. The effective tax for Q2FY26 was ₹157.53 crores, showing a significant reduction of 33.8% from the tax amount in Q1FY26, which was ₹238.13 crores, and a 44.1% decrease from ₹281.80 crores in Q2FY25. Earnings Per Share (EPS) for Q2FY26 was ₹33.42, reflecting a decrease of 4.0% from the previous quarter's EPS of ₹34.82, but a 24.3% increase from the EPS of ₹26.89 in Q2FY25. These metrics indicate notable changes in the company's operational expenditures and tax efficiencies over the respective periods.