NSE 500 — The Filing Layer   CompaniesFilings

HDFC Asset Management Company Ltd.

HDFCAMCFinancial Services filings

We hold this company’s filings and have not read the financial statements out of them yet. Every filing on record is listed under filings, and each one opens.

Earnings calls

21 transcript(s)/analyst meet(s) served; 0 document(s) on file are not transcripts (cover letters, duplicates, unresolved) and are excluded. Speaker attribution is shown only where the segmenter attributes ≥ 95% of sentences to management or analysts (0 of 21 documents here); elsewhere sentences render unattributed.

KindDatePeriodServedAttribution rate
TRANSCRIPT202107232021-06-30yes
TRANSCRIPT202111012022-03-31yes
TRANSCRIPT202201312022-03-31yes
TRANSCRIPT202205042022-03-31yes
TRANSCRIPT202207282022-06-30yes
TRANSCRIPT202210212022-09-30yes
TRANSCRIPT202301272022-12-31yes
TRANSCRIPT202305022023-03-31yes
TRANSCRIPT202307272023-06-30yes
TRANSCRIPT202310182023-09-30yes
TRANSCRIPT202401162023-12-31yes
TRANSCRIPT202404252024-03-31yes
TRANSCRIPT202407222024-06-30yes
TRANSCRIPT202410182024-09-30yes
TRANSCRIPT202501172024-12-31yes
TRANSCRIPT202504232025-03-31yes
TRANSCRIPT202507222025-06-30yes
TRANSCRIPT202510172025-09-30yes
TRANSCRIPT202601162025-12-31yes
TRANSCRIPT202604222026-03-31yes
TRANSCRIPT202607172026-06-30yes

HDFCAMC

files as a non-banking financial company. Every figure below opens to the filing it was read from; where a figure is not shown, the reason is printed in its place.

Identity

Statement divisionnbfc
Scope servedconsolidated
Panels on this page4

Market

The closes are adjusted for every split and bonus on record inside the period this series covers, and each adjustment is checked against the price move on its ex-date.

Last close2,380.30
52-week range2216.4 – 2901.75
Return 1M-11.78%
Return 3M-10.17%
Return 1Y-17.78%
Return 3Y78.23%
Return 5Y48.39%
Market capitalisationnot shown — we could not confirm it
Shares outstandingnot shown — we could not confirm it
P/Enot shown — we could not confirm it
P/Bnot shown — we could not confirm it
EV/EBITDAnot shown — we could not confirm it

Latest quarter filed — period ending 2026-06-30

In INR crore except per-share figures. `period_id` is the period the filing names for the number; the date beside each cell is when it was filed.

Revenue from operations1,100.00
Other income263.00
Total income1,363.00
Cost of materials consumed0.00
Purchases of stock-in-trade0.00
Changes in inventories0.00
Employee benefit expense144.00
Finance costs4.00

Ownership — 2026-06-30, and the change from 2026-03-31

HolderPer centChange
promoter and promoter group0.52-0.00
institutions foreign0.24-0.00
institutions domestic0.150.00
mutual funds0.090.00
public0.480.00

Documents on file

ClassMost recentOn file
TRANSCRIPT2026-06-3021

Financial statements

Filed results, consolidated, in INR crore except per-share figures. Every figure opens to the filing it was read from. Quarterly and annual columns are the periods the filing itself names, never a document date.

Quarterly results, as filed

Line2022-12-312023-03-312023-06-302023-09-302023-12-312024-03-312024-06-302024-09-302024-12-312025-03-312025-06-302025-09-302025-12-312026-03-312026-06-30
Revenue from operations560.00541.00575.00643.00671.00695.00775.00887.00935.00901.00968.001,027.001,075.001,052.001,100.00
Other income103.0097.00158.00122.00143.00156.00173.00171.0093.00124.00233.0096.00159.0012.00263.00
Total income663.00638.00733.00765.00814.00851.00949.001,058.001,028.001,025.001,201.001,124.001,234.001,063.001,363.00
Cost of materials consumed0.000.000.000.000.000.000.000.000.000.000.000.000.000.000.00
Purchases of stock-in-trade0.000.000.000.000.000.000.000.000.000.000.000.000.000.000.00
Changes in inventories0.000.000.000.000.000.000.000.000.000.000.000.000.000.000.00
Employee benefit expense79.0072.0084.0093.0091.0087.00101.0096.0095.0097.00109.00124.00124.00125.00144.00
Finance costs2.002.002.002.002.002.002.002.002.003.003.003.003.004.004.00
Depreciation and amortisation13.0013.0013.0013.0013.0013.0013.0014.0015.0017.0017.0018.0018.0019.0021.00
Other expenses67.0058.0061.0069.0071.0069.0079.0087.0074.0073.0084.00101.0073.0078.00103.00
Total expenses162.00146.00161.00177.00177.00172.00196.00200.00188.00190.00215.00248.00220.00229.00274.00
Profit before exceptional items and tax500.00492.00571.00588.00637.00679.00752.00858.00840.00835.00986.00876.001,014.00834.001,089.00
Exceptional items0.000.000.000.000.000.000.000.000.000.000.000.000.000.000.00
Profit before tax500.00492.00571.00588.00637.00679.00752.00858.00840.00835.00986.00876.001,014.00834.001,089.00
Current tax115.00106.00128.00129.00137.00123.00165.00187.00184.00194.00222.00149.00223.00213.00245.00
Deferred tax17.0010.00-34.0022.0012.0015.00-16.0095.0014.002.0017.008.0021.00-2.007.00
Tax expense131.00116.0094.00152.00149.00138.00148.00282.00198.00197.00238.00158.00245.00211.00252.00
Profit for the period369.00376.00477.00437.00488.00541.00604.00577.00641.00638.00748.00718.00769.00623.00837.00
Profit attributable to owners369.00376.00477.00437.00488.00541.00604.00577.00641.00638.00748.00718.00769.00623.00837.00
Profit attributable to non-controlling interests——0.00—0.00—0.00—0.00————0.00—
Other comprehensive income-0.000.00-3.000.00-0.001.00-3.000.001.000.00-4.001.000.003.00-4.00
Total comprehensive income369.00377.00475.00437.00488.00541.00600.00577.00642.00638.00743.00720.00769.00625.00833.00
Earnings per share, basic17.3117.6322.3720.4522.8625.3328.2826.9930.0229.8734.9533.5817.9714.5419.53
Earnings per share, diluted17.3017.6222.3720.4422.8225.2528.1826.8929.9029.7734.8233.4217.8914.4819.46
Interest earned0.000.000.000.000.000.000.000.000.000.000.000.000.000.000.00
Fees and commission income0.000.000.000.000.000.000.000.000.000.000.000.000.000.000.00
Net gain on fair value changes0.000.000.000.000.000.000.000.000.000.000.000.000.000.000.00
Dividend income0.000.000.000.000.000.000.000.000.000.000.000.000.000.000.00
Rental income0.000.000.000.000.000.000.000.000.000.000.000.000.000.000.00

Annual results, as filed

Line2023-03-312024-03-312025-03-312026-03-31
Revenue from operations2,167.002,584.003,498.004,122.00
Other income316.00579.00562.00500.00
Total income2,483.003,163.004,060.004,622.00
Cost of materials consumed0.000.000.000.00
Purchases of stock-in-trade0.000.000.000.00
Changes in inventories0.000.000.000.00
Employee benefit expense313.00354.00389.00482.00
Finance costs10.009.009.0013.00
Depreciation and amortisation53.0052.0059.0073.00
Other expenses233.00270.00313.00337.00
Total expenses613.00688.00775.00913.00
Profit before exceptional items and tax1,870.002,475.003,286.003,709.00
Exceptional items0.000.000.000.00
Profit before tax1,870.002,475.003,286.003,709.00
Current tax421.00518.00730.00806.00
Deferred tax25.0015.0095.0045.00
Tax expense447.00532.00825.00851.00
Profit for the period1,423.001,943.002,460.002,858.00
Profit attributable to owners1,423.001,943.002,460.002,858.00
Profit attributable to non-controlling interests———0.00
Other comprehensive income0.00-2.00-2.00-0.00
Total comprehensive income1,424.001,941.002,458.002,858.00
Earnings per share, basic66.7291.00115.1666.77
Earnings per share, diluted66.7190.89114.7566.50
Interest earned0.000.000.000.00
Fees and commission income0.000.000.000.00
Net gain on fair value changes0.000.000.000.00
Dividend income0.000.000.000.00
Rental income0.000.000.000.00

Balance sheet, as filed

Line2023-03-312023-09-302024-03-312024-09-302025-03-312025-09-302026-03-31
Total assets6,536.006,429.007,554.007,329.008,751.008,434.009,991.00
Property, plant and equipment138.00124.00138.00138.00183.00218.00261.00
Goodwill6.006.006.006.006.006.006.00
Other intangible assets7.005.009.008.0010.008.006.00
Inventories0.000.000.000.000.000.000.00
Cash and cash equivalents4.007.0010.002.0012.0038.0012.00
Total equity and liabilities6,536.006,429.007,554.007,329.008,751.008,434.009,991.00
Equity6,108.006,023.007,075.006,794.008,130.007,741.009,229.00
Equity share capital107.00107.00107.00107.00107.00107.00214.00
Other equity6,001.005,916.006,968.006,687.008,023.007,634.009,015.00
Total liabilities————621.00692.00763.00

Cash flow, as filed

Line2023-03-312023-09-302024-03-312024-09-302025-03-312025-09-302026-03-31
Net cash from operating activities1,149.00650.001,615.00917.002,075.001,201.002,528.00
Net cash from investing activities-217.00396.00-542.00569.00-598.00732.00-643.00
Net cash from financing activities-930.00-1,043.00-1,066.00-1,494.00-1,475.00-1,906.00-1,886.00
Purchase of property, plant and equipment7.005.0014.0016.0040.008.0020.00
Net increase in cash3.003.006.00-8.002.0026.00-1.00
con:CFO.BEFORE_TAX1,560.00883.002,144.001,251.002,792.001,570.003,348.00
con:INTEREST_RECEIVED.OPERATING0.000.000.000.000.000.000.00
con:INTEREST_PAID.OPERATING0.000.000.000.000.000.000.00
con:DIVIDENDS_RECEIVED.OPERATING0.000.000.000.000.000.000.00
con:TAX_PAID.OPERATING410.00234.00530.00333.00717.00369.00820.00
con:CF_OTHER.OPERATING0.000.000.000.000.000.000.00
con:INVESTMENTS_PURCHASED3,310.001,826.003,635.001,827.004,026.002,445.005,478.00
con:INVESTMENTS_SOLD3,074.002,247.003,102.002,406.003,450.003,148.004,826.00
con:PPE_DISPOSALS0.000.000.000.000.000.000.00
con:CF_INVESTING.SUBSIDIARIES_SOLD0.000.000.000.000.000.000.00
con:CF_INVESTING.SUBSIDIARIES_ACQUIRED0.000.000.000.000.000.000.00
con:CF_INVESTING.JV_SOLD0.000.000.000.000.000.000.00
con:CF_INVESTING.JV_ACQUIRED0.000.000.000.000.000.000.00

Who owns it

The shareholding pattern filed with the exchange every quarter, as a series. Percentages are of total shares. Each figure names the filing it was read from and the date it was filed.

Holder2023-06-302023-09-302023-12-312024-03-312024-06-302024-09-302024-12-312025-03-312025-06-302025-09-302025-11-272025-12-312026-03-312026-06-30
Promoter and promoter group52.5552.5552.5552.5552.5252.5152.4852.4752.440.520.520.520.520.52
Domestic institutions22.3120.6719.5118.3717.6716.9117.0418.0116.660.140.140.150.140.15
Mutual funds————————10.560.090.090.090.080.09
Insurance companies10.5410.087.547.166.144.214.134.343.340.030.030.030.030.03
Foreign institutions12.9916.1117.9920.0120.6121.5521.3220.5121.970.250.240.240.240.24
Government—————————————0.00
Public47.4547.4547.4547.4547.4847.4947.5247.5347.560.480.480.480.480.48
Non-institutional12.1510.679.969.079.209.029.169.008.920.090.090.090.090.09
Shares outstanding213469480213484000213484000213484000213578700213616310213756747213793086213909552214003751428308492428308492428400181428653254

Related parties

Transactions with related parties as disclosed to the exchange for the period ending 2024-09-30, by counterparty, largest first. Amounts are as filed. Each row names the filing and the date it was filed.

CounterpartyRelationshipTypeAmount in the periodTransactions
HDFC Bank LimitedHolding CompanyAny other transaction, Interest received148,800,000.0011
HDFC Asset Management Company Limited Employees’ Group GratuOther Related PartiesAny other transaction59,100,000.001
Navneet MunotKey Managerial PersonnelAny other transaction, Remuneration53,300,000.002
HDFC ERGO General Insurance Company LimitedFellow SubsidiaryAny other transaction14,800,000.001
Naozad SirwallaKey Managerial PersonnelAny other transaction, Remuneration14,000,000.002
V Suresh BabuKey Managerial Personnel of SubsidAny other transaction, Remuneration12,500,000.002
HDFC Life Insurance Company LimitedFellow SubsidiaryAny other transaction8,800,000.001
Manas KumarKey Managerial Personnel of SubsidAny other transaction, Remuneration8,100,000.003
Sonali Nitin ChandakKey Managerial PersonnelAny other transaction, Remuneration5,600,000.002
Sylvia FurtadoKey Managerial PersonnelAny other transaction, Remuneration2,900,000.002
Bhavin ShahKey Managerial Personnel of SubsidAny other transaction, Remuneration2,200,000.003
HDFC Securities LimitedFellow SubsidiaryAny other transaction1,600,000.001
Sanjay BhandarkarKey Managerial PersonnelRemuneration1,300,000.001
Dhruv KajiKey Managerial PersonnelRemuneration1,100,000.001
Jairaj PurandareKey Managerial PersonnelRemuneration1,100,000.001

What management said

Every earnings call we hold for this company, read in full. Prepared remarks are separated from the question-and-answer session and every paragraph names who said it and on which page. These are management’s own words, not filed figures.

DateQuarterWho spoke
2026-07-17Q1FY27EXECUTIVE OFFICERRead the call
2026-04-22Q4FY26AND CHIEF EXECUTIVE OFFICER, CHIEF, OFFICER, RELATIONS OFFICER, SIMALRead the call
2026-01-16Q3FY26AND CHIEF EXECUTIVE OFFICER, CHIEF, OFFICER, RELATIONS OFFICER, SIMALRead the call
2025-10-17Q2FY26Read the call
2025-07-22Q1FY26CHIEF EXECUTIVE OFFICERRead the call
2025-04-23Q4FY25EXECUTIVE OFFICERRead the call
2025-01-17Q3FY25CHIEF EXECUTIVE OFFICERRead the call
2024-10-18Q2FY25CHIEF EXECUTIVE OFFICERRead the call
2024-07-22Q1FY25CHIEF EXECUTIVE OFFICER, Thank you, Bhavin.Read the call
2024-04-25Q4FY24CHIEF EXECUTIVE OFFICERRead the call
2024-01-16Q3FY24CHIEF EXECUTIVE OFFICERRead the call
2023-10-18Q2FY24CHIEF EXECUTIVE OFFICERRead the call
2023-07-27Q1FY24CHIEF EXECUTIVE OFFICERRead the call
2023-05-02Q4FY23OFFICERRead the call
2023-01-27Q3FY23COMPANY LIMITED, HDFC, MANAGEMENT COMPANY LIMITED, NAOZADRead the call
2022-10-21Q2FY23Read the call
2022-07-28Q1FY23Read the call
2022-05-04Q4FY22Read the call
2022-01-31FYFY22Read the call
2021-11-01FYFY22Read the call
2021-07-23Q1FY22HDFC AMC LIMITED, OFFICER, HDFC AMC LIMITEDRead the call

What they said about it, quarter by quarter

TopicQ3FY24Q3FY25Q3FY26Q4FY22Q4FY23Q4FY24Q4FY25Q4FY26
Capex——That's already baked in, whether it's in the form of certain capex or largely through the opex.—————
Capital allocation——Our dividend payouts for the last two years have been almost close to the entire post-tax cash profits that we generate as a business, we have paid ou…So, just wanted to get some color on how the HDFC Asset Management Company Limited April 27, 2022 overall acquisitions work, new customer acquisition …The Board earlier today has recommended dividend of Rs.Finally, Board earlier today has recommended a dividend of INR70 per share as against INR48 per share last year, translating into a dividend payout ra…The Board earlier today has recommended a dividend of Rs.90 per share as against Rs.70 per share last year translating into a dividend payout ratio of…Board earlier today recommended a dividend of INR54 per share compared to INR45 per share adjusted for bonus issuance last year.
Costs————————
Debt and cash——————The way it works in accounting is based on the Black-Scholes valuation, you amortize that cost over the vesting period, and it does not impact the com…—
Demand—So right now we have the existing plan which is going on and for the next full year, do we have any new plans which are there in the pipeline, in term…So, first question is on the overall product pipeline.—We will continue to raise further capital in this fund and have some healthy pipeline in place.And any product pipeline for the next year on the MF side?The HDFC group have consistently championed employee ownership across its companies and this new framework reinforces that ethos while responding to t…—
GuidanceSo, we take this opportunity to thank and congratulate our regulator, SEBI, for their continuing guidance and encouragement; all our distributors and …So, we don't give out guidance specifically as a general matter.In terms of your growth momentum, how do you see it going forward, if you could share some guidance or something on that front?We have been guiding and have been around 13 points, which has been the trend over the last several years and despite the fact that we spent more mone…So, if you could give some guidance on what could be the charge on P&L over the next couple of years?Sir, if you can repeat the guidance that you talked about?I mean, ex of ESOP or even including ESOP for that matter the expense guidance of 10% to 15%, does that hold true going ahead?So, while we don't give specific guidance, these will broadly grow in line with the business and the investments we are making across technology and p…
MarginHDFC Asset Management Company Limited January 11, 2024 The second question was on the margin.Our operating margin for 9 months of the current fiscal came in at 36 basis points of AUM and for the current quarter, it came at 37 basis points.As a result, operating profit for the quarter was INR8,557 million with an operating margin of 36 basis points.I remember giving a detailed answer with illustrative numbers to explain this drop in margin, but let me expand further.Our operating profit margin as a basis point of AUM stood at 35 basis points for year ended March 31, 2023 with operating revenue margin at 49 basis p…To sum up this point, there is a one-off, HDFC Asset Management Company Limited April 19, 2024 which has led to a bit of extra margin compression.—To summarize, I would say the objective is clear: to build scalable, defensible digital and AI capabilities that enhance the investor outcome, improve…
People——From the balance sheet utilization of cash, if that's what your question is to.——Total headcount was a little over 200, a large number of them were in sales and also as we expand other channels, like I mentioned, whether in the dig…——
PricingThis is sliding scale structure or telescopic pricing as it is known as.—We've been able to maintain it very well and overall operating margins also, I think keeping a tight leash on the cost side, we have been able to main…——The telescopic pricing is what the regulator has kind of defined for the industry.—And as the scheme, given the telescopic pricing, as the scheme becomes bigger, you have a lower TER and that much of additional returns baked in for t…
Revenue growth—Our number of live individual accounts grew to 22 million, a growth of 49% year-on-year, and our December monthly average AUM for individual investors…Systematic transactions, which includes SIP and STP reached INR47.3 billion in December 2025, representing a Y-o-Y growth of 24% or an absolute increa…This means that industry has added almost 10.9 million new investors, which is a growth of shade below 50%.Total revenue grew by 10% to Rs 6,378 million, while operating revenue grew by 5% We ended FY23 with a profit after tax of Rs 14,239 million a YOY gro…The industry closed the year with AUM of INR53.4 trillion, Y-o-Y growth of 35%.Our revenue from operations for FY’25 came in at Rs.34,980 million, growth of 35% YoY.Total revenue for the year was INR46.2 billion, with revenue from operations at INR41.2 billion, growth of 18% year-on-year.