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UTI Asset Management Company Ltd.

UTIAMCFinancial 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

19 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 19 documents here); elsewhere sentences render unattributed.

KindDatePeriodServedAttribution rate
TRANSCRIPT202011062020-09-30yes
TRANSCRIPT202102082020-12-31yes
TRANSCRIPT202105052021-03-31yes
TRANSCRIPT202108042021-06-30yes
TRANSCRIPT202111122021-09-30yes
TRANSCRIPT202202082021-12-31yes
TRANSCRIPT202205042022-03-31yes
TRANSCRIPT202208022022-06-30yes
TRANSCRIPT202210282022-09-30yes
TRANSCRIPT202302082022-12-31yes
TRANSCRIPT202305042023-03-31yes
TRANSCRIPT202308022023-06-30yes
TRANSCRIPT202310262023-09-30yes
TRANSCRIPT202405022024-03-31yes
TRANSCRIPT202410292024-09-30yes
TRANSCRIPT202505062025-03-31yes
TRANSCRIPT202510242025-09-30yes
TRANSCRIPT202604282026-03-31yes
TRANSCRIPT202607282026-06-30yes

UTIAMC

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

No split, bonus or consolidation is on record for this company inside the period this price series covers, so the closes need no adjustment.

Last close907.90
52-week range870.55 – 1401.8
Return 1M2.02%
Return 3M-3.23%
Return 1Y-34.46%
Return 3Y15.0%
Return 5Y-17.42%
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 operations584.00
Other income2.00
Total income585.00
Cost of materials consumed0.00
Purchases of stock-in-trade0.00
Changes in inventories0.00
Employee benefit expense122.00
Finance costs3.00

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

HolderPer centChange
promoter and promoter groupnot disclosed—
institutions foreign0.07-0.00
institutions domestic0.60-0.00
mutual funds0.140.00
public1.000.00

Documents on file

ClassMost recentOn file
TRANSCRIPT2026-06-3019

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

Line2022-09-302022-12-312023-03-312023-06-302023-09-302023-12-312024-03-312024-06-302024-09-302024-12-312025-03-312025-06-302025-09-302025-12-312026-03-312026-06-30
Revenue from operations436.00295.00301.00468.00404.00449.00416.00529.00538.00418.00376.00547.00419.00517.00390.00584.00
Other income4.00-2.008.001.002.001.004.005.002.003.000.002.003.001.0012.002.00
Total income440.00293.00309.00469.00406.00450.00420.00534.00540.00420.00376.00549.00421.00518.00402.00585.00
Cost of materials consumed0.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.00
Purchases of stock-in-trade0.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.00
Changes in inventories0.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.00
Employee benefit expense103.00104.00106.00106.00111.00105.00117.00114.00115.00113.00116.00129.00159.00133.00132.00122.00
Finance costs2.002.002.003.003.003.003.003.003.003.003.003.003.003.003.003.00
Depreciation and amortisation10.0010.0010.0010.0010.0010.0012.0011.0011.0011.0012.0012.0013.0013.0013.0013.00
Other expenses61.0056.0071.0061.0061.0070.0070.0064.0074.0071.0080.0077.0082.0081.0094.0078.00
Total expenses177.00191.00191.00180.00186.00190.00202.00192.00204.00199.00222.00223.00257.00231.00419.00217.00
Profit before exceptional items and tax263.00102.00117.00288.00220.00261.00218.00341.00336.00221.00154.00326.00164.00287.00-17.00368.00
Exceptional items0.000.000.000.000.000.000.000.000.000.000.000.000.00-109.00-0.000.00
Profit before tax263.00102.00117.00288.00220.00261.00218.00341.00336.00221.00154.00326.00164.00178.00-17.00368.00
Current tax43.0037.0029.0042.0034.0037.0041.0055.0052.0047.0054.0061.0043.0042.0047.0061.00
Deferred tax17.006.003.0012.003.0020.00-4.0012.0021.000.00-2.0011.00-11.00-2.00-13.0013.00
Tax expense60.0042.0032.0054.0037.0057.0037.0067.0073.0048.0052.0072.0032.0040.0035.0074.00
Profit for the period203.0060.0086.00234.00183.00203.00181.00274.00263.00174.00102.00254.00132.00138.00-51.00294.00
Profit attributable to owners200.0060.0086.00234.00183.00186.00163.00254.00239.00151.0087.00237.00113.00121.00-67.00294.00
Profit attributable to non-controlling interests2.000.000.000.000.0018.0019.0020.0024.0023.0015.0017.0019.0017.0015.000.00
Other comprehensive income-3.002.00-9.00-17.00-4.008.00-13.008.0029.00-21.004.008.0018.0020.0031.00-17.00
Total comprehensive income200.0062.0077.00218.00179.00211.00169.00282.00292.00153.00106.00262.00151.00157.00-21.00277.00
Earnings per share, basic15.794.736.7518.4614.4014.6212.7919.9718.7711.816.8418.508.829.43-5.1922.86
Earnings per share, diluted15.794.726.7518.4614.3814.6012.7619.9118.6711.746.8118.428.779.39-5.1922.84
Interest earned5.008.008.008.008.0033.009.009.0010.0010.0012.0011.0011.0011.0012.0014.00
Fees and commission income0.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.00
Net gain on fair value changes137.000.0020.00174.00101.00123.0086.00179.00152.0028.000.00153.0014.00107.000.00187.00
Dividend income0.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.00
Rental income3.003.003.003.003.003.004.004.004.004.004.004.004.004.004.004.00

Annual results, as filed

Line2021-03-312022-03-312023-03-312024-03-312025-03-312026-03-31
Revenue from operations1,169.001,319.001,267.001,737.001,851.001,698.00
Other income30.008.0023.007.009.0016.00
Total income1,199.001,327.001,290.001,744.001,860.001,714.00
Cost of materials consumed0.000.000.000.000.000.00
Purchases of stock-in-trade0.000.000.000.000.000.00
Changes in inventories0.000.000.000.000.000.00
Employee benefit expense379.00407.00415.00439.00458.00553.00
Finance costs8.009.0010.0011.0013.0013.00
Depreciation and amortisation36.0037.0040.0042.0046.0051.00
Other expenses169.00212.00238.00262.00289.00333.00
Total expenses596.00667.00704.00757.00808.00954.00
Profit before exceptional items and tax603.00660.00586.00987.001,052.00760.00
Exceptional items0.000.000.000.000.00-109.00
Profit before tax603.00660.00586.00987.001,052.00652.00
Current tax83.00146.00136.00155.00208.00194.00
Deferred tax26.00-20.0010.0030.0032.00-15.00
Tax expense109.00126.00146.00185.00239.00179.00
Profit for the period494.00535.00440.00802.00813.00472.00
Profit attributable to owners494.00534.00437.00766.00731.00404.00
Profit attributable to non-controlling interests0.000.002.0036.0081.0068.00
Other comprehensive income-7.004.008.0026.0020.0077.00
Total comprehensive income487.00538.00447.00828.00833.00550.00
Earnings per share, basic38.9742.1234.4560.2657.3531.51
Earnings per share, diluted38.9741.9634.4460.2257.1131.41
Interest earned17.0010.0024.0035.0041.0045.00
Fees and commission income0.000.000.000.000.000.00
Net gain on fair value changes280.00178.0099.00507.00350.0099.00
Dividend income0.001.000.000.000.000.00
Rental income10.0011.0013.0013.0015.0015.00

Balance sheet, as filed

Line2022-09-302023-03-312023-09-302024-03-312024-09-302025-03-312025-09-302026-03-31
Total assets3,936.004,175.004,759.005,341.005,411.005,658.005,435.005,043.00
Property, plant and equipment348.00355.00377.00278.00270.00282.00280.00281.00
Capital work-in-progress10.006.005.003.000.008.002.000.00
Goodwill0.000.000.000.000.000.000.000.00
Other intangible assets6.004.003.008.006.004.004.006.00
Inventories0.000.000.000.000.000.000.000.00
Cash and cash equivalents133.00209.00145.00151.00133.00257.00160.0036.00
Total equity and liabilities3,936.004,175.004,759.005,341.005,411.005,658.005,435.005,043.00
Equity3,650.003,868.004,471.004,973.004,993.005,160.004,929.004,505.00
Equity share capital127.00127.00127.00127.00127.00128.00128.00129.00
Other equity3,523.003,741.003,848.004,261.004,214.004,471.004,257.004,376.00
Total liabilities286.00————498.00507.00539.00

Cash flow, as filed

Line2022-09-302023-03-312023-09-302024-03-312024-09-302025-03-312025-09-302026-03-31
Net cash from operating activities116.00395.00109.00325.00253.00536.00210.00547.00
Net cash from investing activities106.00-93.0091.00-146.00320.00124.00296.00-34.00
Net cash from financing activities-264.00-267.00-265.00-238.00-591.00-554.00-603.00-594.00
Purchase of property, plant and equipment42.00109.0069.00147.0022.0070.0034.0068.00
Net increase in cash-41.0036.00-65.00-59.00-18.00106.00-97.00-81.00
con:CFO.BEFORE_TAX185.00574.00195.00501.00357.00770.00326.00630.00
con:INTEREST_RECEIVED.OPERATING0.00-24.000.000.000.000.000.000.00
con:INTEREST_PAID.OPERATING0.00142.000.00-11.000.000.000.000.00
con:DIVIDENDS_RECEIVED.OPERATING0.000.000.000.000.000.000.000.00
con:TAX_PAID.OPERATING69.000.0085.00174.00105.00219.00108.0083.00
con:CF_OTHER.OPERATING0.00-13.000.00-13.000.00-15.00-7.000.00
con:INVESTMENTS_PURCHASED-23.00176.00163.00595.00-29.00153.00-125.000.00
con:INVESTMENTS_SOLD99.0099.00271.00504.00331.00350.00167.000.00
con:PPE_DISPOSALS13.000.0029.0066.008.0019.0019.0027.00
con:CF_INVESTING.SUBSIDIARIES_SOLD0.000.000.000.000.000.000.000.00
con:CF_INVESTING.SUBSIDIARIES_ACQUIRED0.000.000.000.000.000.000.000.00
con:CF_INVESTING.JV_SOLD0.000.000.000.000.000.000.000.00
con:CF_INVESTING.JV_ACQUIRED0.000.000.000.000.000.000.000.00

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.

Holder2023-03-312023-06-302023-09-302023-12-312024-03-312024-06-302024-09-302024-12-312025-03-312025-06-302025-09-302025-12-312026-03-312026-06-30
Promoter and promoter group0.000.000.000.000.000.000.000.000.00—————
Domestic institutions60.2561.0361.6961.1360.9260.6660.1959.2759.7159.470.600.600.600.60
Mutual funds—————————12.950.140.140.140.14
Insurance companies11.6210.3910.3910.3810.3910.7511.0611.2111.5311.350.110.110.110.10
Foreign institutions6.074.854.945.575.966.277.207.857.857.700.080.070.070.07
Public100.00100.00100.00100.00100.00100.00100.00100.00100.00100.001.001.001.001.00
Non-institutional33.6834.1233.3733.3033.1133.0732.6132.8832.4432.830.330.330.330.34
Shares outstanding126983695126983696127000091127241877127256174127279705127481711127918161127977071128058511128236070128517203128520036128525338

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
T Rowe Price International LimitedShareholderAny other transaction, Dividend paid1,373,600,000.002
Punjab National BankShareholderDividend paid908,100,000.001
STRUCTURED DEBT OPPORTUNITIES FUND - IISubsidiary under IndAS 110Any other transaction, Investment282,700,000.005
UTI International (Singapore) Private LimitedWholly owned subsidiaryAny other transaction126,500,000.002
UTI AMC Ltd Employees Provident FundEmployee TrustsAny other transaction117,500,000.001
STRUCTURED DEBT OPPORTUNITIES FUND - IIISubsidiary under IndAS 110Any other transaction, Investment69,400,000.005
Mr. Imtaiyazur RahmanKey management personnelAny other transaction, Dividend paid, Remuneration54,000,000.005
Mr Praveen JagwaniCEO of Subsidiary CompanyRemuneration48,000,000.002
UTI Investment Management Company (Mauritius) LimitedWholly owned subsidiaryAny other transaction26,300,000.001
Mr. Rohit GulatiCEO & WTD of UTI Alternatives Remuneration22,700,000.001
UTI AMC Ltd Pension FundEmployee TrustsAny other transaction21,100,000.001
UTI Pension Fund LimitedWholly owned subsidiaryAny other transaction16,500,000.001
Mr. Vinay LakhotiaKey management personnelDividend paid, Remuneration13,200,000.003
Mr. Balram Bhagat(CEO and Whole Time Director)Remuneration11,800,000.001
Mr. Narasimhan SeshadriIndependent DirectorAny other transaction5,700,000.003

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
2026-07-28Q1FY27AND CHIEF EXECUTIVE OFFICER, AND HEAD CORPORATE STRATEGY, MARKETING AND CORPORATE COMMUNICRead the call
2026-04-28Q4FY26Read the call
2025-10-24Q2FY26Read the call
2025-05-06Q4FY25Read the call
2024-10-29Q2FY25Read the call
2024-05-02Q4FY24Read the call
2023-10-26Q2FY24Read the call
2023-08-02Q1FY24Read the call
2023-05-04Q4FY23Read the call
2023-02-08Q3FY23Read the call
2022-10-28Q2FY23Read the call
2022-08-02Q1FY23Read the call
2022-05-04Q4FY22Read the call
2022-02-08Q3FY22Read the call
2021-11-12Q2FY22Read the call
2021-08-04Q1FY22Read the call
2021-05-05Q4FY21Read the call
2021-02-08Q3FY21Read the call
2020-11-06Q2FY21Read the call

What they said about it, quarter by quarter

TopicQ3FY22Q3FY23Q4FY21Q4FY22Q4FY23Q4FY24Q4FY25Q4FY26
Capex——————So we incurred a Capex of around ₹ 50 crores in FY '26.—
Capital allocation—So, what is the strategy of utilizing this going ahead so it is the plan for some dividend or some special dividend or anything like for this?Going forward the board of UTI will take a serious call and if required, give dividend to the company or the shareholders.And I am also pleased to share with you that that dividend payout has also increased from Rs.—First, on the dividend, I think you have given a special dividend.I am also extremely pleased to inform you that UTI AMC has declared a dividend of ₹ 48 per share, including ₹ 22 as a special dividend for the Financi…So, how did we see the customer acquisition going during this time?
CostsIf you see the employee cost, it has not increased despite the fact that as you know there is severe pressure on attritions of good asset / employees.——From an investor, it always seems like the cost management per se is not really kind of coming in place for us, in terms of the projected savings whic…And on the non-staff, because I think that's where you'll have a little bit of cost pressure.———
Debt and cash—————Just if I can squeeze in one question on the yield part, if I understand correctly, there was some overestimation of commissions, and when the actual …—So, I want to try to understand, how do you look at this investment and cash flow from a strategic perspective?
DemandWhat is the product launch pipeline and both domestic and international and what are the thoughts behind launching these products?Going into financial year 24 any plans to launch new scheme or any pipeline if you can share with us?—What sort of funds do you have in the pipeline?—Lastly, any new product pipeline or any new product you are looking to launch in FY25?Apart from multi-cap fund, we don't see any pipeline as far as the diversified equity is concerned.So, are we kind of exploring that area, is there anything in the pipeline?
GuidanceYes, you are correct, the yield has dropped actually and if you remember in the previous concall as well we had given a guidance that the revenue yiel…And we expect that this quarter will be equally good for the organization based on the performance of our schemes, as well as what we have been doing …So that is the guidance that we have given, that we will be hiring at lower level, where we will be saving a substantial amount of cost with the retir…Obviously, the variable and bonus will depend on the growth of the business, but apart from that, other expenses we expect it to come down.Globally the growth stocks have not been performing well, so we expect a turnaround.Going forward, should we expect the same 55%–60% dividend payout ratio?Going forward, we expect maybe a dilution of max to max 1 or 2 basis points in yield, mainly because of the higher proportion of ETF AUM that we have.In terms of guidance for the next financial year, because obviously there will be a benefit on account of VRS, the run rate on a quarterly basis shoul…
MarginBut having said, as we have indicated in the earlier call, there has been a significant reduction, as far as cost margin are concerned.As stated in earlier call also, profit margin is one number that you should look at it and that number with the reduction in the cost going forward, t…———Both of these funds have a slightly better margin, so we do believe that overall revenue as well as the margin number should improve for UTI Internati…We have also rationalized some of the distributor commissions, older AUM, which had been impacting our margin over the last 4 to 5 years and market ha…So, the simple target over the next few years is to grow, is to grow faster than certainly our peers in the Top 10 of the industry, such that we can s…
PeopleThere will be normal attrition also at the junior level.—Yes, Gaurav, that is the correct assumption and we are a hiring these graduate trainees and management graduate also at lower level.—We don't have the right number at this particular point in time, but we are also in the process of hiring the team for our U.S. market and all legal e…—So how should one read into it for FY '26 in terms of cost as well as new headcount additions?—
PricingSo just trying to understand our overall strategy in terms of product pricing in the marketplace.———How is that, if you could just provide some perspective in terms of the competitive landscape and especially in the sense of pricing and sharing of TE…———
Revenue growthThe fresh inflows are coming as lower yield plus we must see the growth of ETF category as well because that is growing at a substantial pace.We are also investing in the growth of the organization as I indicated that some of the resources may be required.Just to add one more, in terms of new SIP registered in number of counts, we have registered a growth of 62% in this particular financial year as comp…—So this year, I think we closed the year with overall annual expense growth of 6% and again for next year, you're looking at a few more initiatives th…——And anything that helps us grow the top line faster, we are happy to take it.