HDFC Asset Management Company
- Market cap
- ₹ 96,482 Cr.
- P/E
- 33.1x
- P/B
- 10.55x
- 52-week range
- 2,205.6 – 2,901.5
- ROE
- 33%
- ROCE
- 43%
- Dividend yield
- 2.4%
- Debt / equity
- 0.02
- Sector
- Capital Markets
- Industry
- Asset Management Company
- Listed on
- NSE, BSE
About
HDFC Asset Management Company Limited is an India-based mutual fund manager. The Company is engaged in the business of providing asset management services to HDFC Mutual Fund and alternative investment fund and portfolio management and advisory services to clients. It offers a comprehensive suite of savings and investment products ranging from mutual funds, including both actively managed and passive options, to portfolio management services and alternative investment opportunities catering to the needs of a diverse customer base. It offers financial management services, financial advisory, brokerage, and consulting services. It has a network of 228 investor service centers (ISCs) across more than 200 cities. It offers portfolio management services and separately managed account (SMA) services to meet the investment needs of its clients, including high net worth individuals (HNIs), family offices, domestic corporates, trusts, provident funds, and domestic and global institutions.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Asset Management Company: 10 companies →HDFC Asset Management Company against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)33.1 against a typical 31.9: pricier than most peers (1st = cheapest).6th of 10
- Sales growth+13.9% against a typical +16.3% from a year earlier.6th of 9
- Profit growth+4.5% against a typical −0.8% from a year earlier.4th of 8
- Share price, 3 months−9% against a typical −11%.3rd of 9
- Size₹ 96,482.4 Cr. market value against a typical ₹ 18,431.2 Cr. (1st = largest).2nd of 10
Latest announcements
Exchange filings and their impact on the company.
- 21 Oct 2026Analysts/Institutional Investor Meet/Con. Call UpdatesMedium impactPositivePrice −1.6% that dayStrong Q2 with 14% revenue growth and tight costs supports double-digit earnings growth ahead.
HDFC AMC held its Q2 FY27 earnings call on 15 October 2026. Quarterly average AUM was Rs 9.69 lakh crore, up 10% year-on-year, with revenue at Rs 1,170 crore up 14% and operating profit at Rs 910 crore up 16%. Management highlighted rising SIP-only market share, tight cost control, and new growth from AIFs, PMS including the EPFO mandate, SIF launches and GIFT City funds.
- HDFC AMC board approved Q2 and H1 FY27 results; numbers not extractable so trend growth assumed.
HDFC AMC's board on October 15, 2026 approved the unaudited standalone and consolidated results for the quarter and half year ended September 30, 2026, reviewed by statutory auditors. The meeting was held from 1:00 pm to 2:30 pm. The filing also said the trading window will stay closed till October 17, 2026. Detailed profit and revenue figures were not available in the extracted text.
- HDFC AMC granted 68,850 options/PSUs with negligible near-term earnings and dilution impact.
HDFC AMC's Nomination & Remuneration Committee on Oct 15, 2026 granted 53,925 stock options at Rs 2,296.90 and 14,925 performance-linked stock units at Rs 5, totalling 68,850 shares under its 2025 scheme. Options vest 10-40% over years 1-4 and PSUs vest 30% in year 3 and 70% in year 4. The grant is tiny at about 0.02% of shares outstanding, so near-term earnings and dilution impact is negligible while aiding employee retention.
Credit ratings
Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates
Highest safety
Rated AAA by CARE- No warnings from the agency.
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| CARE | CARE AAA mfs | — | 22 Oct 2026 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 22 Oct 2026 | Reaffirmed | CARE AAA mfs | — | CARE | — | |
| 11 Aug 2026 | Reaffirmed | CARE AAA mfs | — | CARE | — | |
| 6 May 2026 | Reaffirmed | CARE AAA mfs | — | CARE | — |
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 15 Oct 2026 | Financial Results | To consider and approve the financial results for the period ended September 30, 2026 |
| 15 Jul 2026 | Financial Results | To consider and approve the financial results for the period ended Jun 30, 2026 |
| 16 Apr 2026 | Financial Results/Dividend | To consider and approve the financial results for the period ended March 31, 2026 and dividend, if any. |
| 14 Jan 2026 | Financial Results | To consider and approve the financial results for the period ended December 31, 2025 |
| 15 Oct 2025 | Bonus | To consider bonus |
| 17 Jul 2025 | Financial Results | To consider and approve the financial results for the period ended Jun 30, 2025 |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 671 | 695 | 775 | 887 | 934 | 901 | 968 | 1,026 | 1,074 | 1,050 | 1,098 | 1,169 |
| Expenses | 160 | 156 | 180 | 183 | 170 | 170 | 194 | 225 | 197 | 205 | 247 | 238 |
| Operating Profit | 511 | 539 | 595 | 704 | 764 | 731 | 774 | 801 | 877 | 846 | 852 | 931 |
| OPM % | 76% | 78% | 77% | 79% | 82% | 81% | 80% | 78% | 82% | 81% | 78% | 80% |
| Other Income | 142 | 155 | 173 | 171 | 93 | 124 | 233 | 96 | 159 | 11 | 263 | 71 |
| Interest | 2 | 2 | 2 | 2 | 2 | 3 | 3 | 3 | 3 | 4 | 4 | 4 |
| Depreciation | 13 | 13 | 13 | 14 | 15 | 17 | 17 | 18 | 18 | 19 | 20 | 21 |
| Profit before tax | 639 | 679 | 752 | 859 | 840 | 835 | 986 | 876 | 1,015 | 834 | 1,090 | 978 |
| Tax % | 23% | 20% | 20% | 33% | 24% | 24% | 24% | 18% | 24% | 25% | 23% | 23% |
| Net Profit | 490 | 541 | 604 | 577 | 641 | 639 | 748 | 718 | 770 | 623 | 838 | 750 |
| EPS in Rs | 11.47 | 12.67 | 14.14 | 13.5 | 15 | 14.94 | 17.48 | 16.78 | 17.98 | 14.55 | 19.56 | 17.48 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- 12%
- 5 Years
- 16%
- 3 Years
- 23%
- TTM
- 15%
- 10 Years
- 20%
- 5 Years
- 17%
- 3 Years
- 26%
- TTM
- 9%
- 10 Years
- —
- 5 Years
- 11%
- 3 Years
- 19%
- TTM
- —
- 10 Years
- 31%
- 5 Years
- 30%
- 3 Years
- 32%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| HDFC Asset Management Company | ₹ 2,316.70 | ₹ 96,482 Cr. | 33.1x | 10.6x | 33% | — |
| ICICI Prudential Asset Management Company Ltd | ₹ 2,655.00 | ₹ 1,30,928 Cr. | 47.7x | 37.7x | — | 56% |
| Nippon Life India Asset Management | ₹ 922.10 | ₹ 59,010 Cr. | 50.1x | 16.3x | 34.5% | 56.4% |
| Multi Commodity Exchange Of India | ₹ 3,017.00 | ₹ 76,931 Cr. | 52.6x | 16.6x | 37.9% | 57.8% |
| Motilal Oswal Financial Services | ₹ 925.00 | ₹ 55,715 Cr. | 30.8x | 4.5x | 15.6% | 21.2% |
| Authum Investment & Infrastructure | ₹ 495.00 | ₹ 41,977 Cr. | 9x | 3.3x | 13.1% | 74% |
Management
- Navneet Munot
- Chief Executive Officer, Managing Director, Executive Director
- Naozad Sirwalla
- Chief Financial Officer
- Harish Narayanan
- Chief Digital and Marketing Officer
- Supriya Sapre
- Chief Compliance Officer
- Leena Vijayvargiy
- Chief Risk Officer
- Sameer Seksaria
- Head - Corporate Client Services
- V. Suresh Babu
- Head - Operations
- Anil Bamboli
- Head - Fixed Income
Prices are delayed and for information only. Nothing on this page is investment advice.