HDFC Asset Management Company
Market cap ₹96,542 Cr
- P/E
- 32.50
- Day range
- ₹2,215.60 – ₹2,300.00
- 52-week range
- ₹2,205.60 – ₹2,901.50
- Volume
- 11.01 L
- Open
- ₹2,285.00
- Prev close
- ₹2,273.20
Latest results · Q2 FY27(consolidated)Revenue ₹1,170 Cr+13.9%Profit ₹749 Cr+4.2%Margin 64.0%YoY vs the same quarter last year
No red flags in exchange filings: no rising pledge, promoter selling, surveillance or critical filing on record.
HDFCAMC in NSE indices and F&O
F&O margin for one lot of HDFCAMC (300 shares)Research profile
Composite 57 / 100Factor percentiles
Derived metrics
- Earn. yield
- 3.1%
- Graham no.
- ₹556.99
- vs Graham
- -75.2%
- ROE ÷ P/B
- 2.9%
- 12-1 mom.
- -13.1%
- Return / vol
- -0.63
- Piotroski
- 3/5
- FCF yield
- 2.6%
Appears in 13 scans
Percentiles rank this stock against the other tracked stocks and change as they do. Scans describe where figures sit today. Hover a label for its definition. Not investment advice.
Peer comparison
All 68 in NBFC| Company | M-cap | P/E | P/B | ROE | ROCE | OPM | D/E | Sales YoY |
|---|---|---|---|---|---|---|---|---|
| Bajaj FinanceBAJFINANCE | ₹5.78 L Cr | 26.67 | 4.76 | 18.4% | 10.9% | — | 4.08 | +22.8% |
| National Stock Exchange of IndiaNSE | ₹4.13 L Cr | 39.37 | — | 33.0% | 41.0% | 78.0% | 0.01 | — |
| Bajaj FinservBAJAJFINSV | ₹2.65 L Cr | 26.27 | 3.45 | 26.2% | 11.0% | 41.0% | 5.52 | +19.1% |
| Shriram FinanceSHRIRAMFIN | ₹2.04 L Cr | 14.42 | 1.82 | 16.4% | 11.5% | — | 2.12 | +15.8% |
| Jio Financial ServicesJIOFIN | ₹1.35 L Cr | 77.96 | 1.05 | 1.2% | 2.0% | 63.0% | 0.32 | +73.2% |
| BSE LtdBSE | ₹1.31 L Cr | 47.00 | 19.91 | 44.8% | 60.0% | 67.0% | 0.00 | +63.5% |
| ICICI Prudential Asset Management CompanyICICIAMC | ₹1.31 L Cr | 37.67 | 25.19 | 85.8% | 115.0% | 73.0% | 0.00 | +16.3% |
| HDFC Asset Management CompanyHDFCAMC | ₹96,542 Cr | 32.50 | 11.31 | 32.9% | 43.0% | 79.0% | 0.00 | +13.9% |
| Sector median | ₹26,914 Cr | 20.19 | 2.71 | 15.3% | 11.4% | 54.0% | 1.74 | +20.3% |
Sector as classified in the tracked universe; medians use every tracked NBFC company, and P/E only profitable ones. Tinted figures beat the median.
Latest news
Updated 6d agoHeadlines about HDFC Asset Management Company from the last two weeks in the financial press. Stories belong to their publishers; Parasram India does not endorse them.
Key metrics
- P/E (TTM)
- 32.4
- EPS (TTM)
- ₹68.54
- Price / Book
- 11.19
- ROE (FY26)
- 32.9%
- ROCE (latest year)
- 43%
- Dividend yield
- 2.40%
Moving averages (NSE)
- 20-day
- ₹2,315.37
- Price below
- 50-day
- ₹2,429.51
- Price below
- 200-day
- ₹2,568.55
- Price below
Charts & trends
From company filings. Amounts in ₹ crore.
Revenue, profit & margin - quarterly
₹ crore; a loss shows red. Operating margin below, same periods.
- Revenue
- Net profit
Operating margin
Who owns the company
% of equity by quarter, latest Sept 2026
- Promoter
- FII
- DII
- Public
Cash flows
Where cash came from and went, by fiscal year (₹ crore)
- Operating
- Investing
- Financing
- Free cash flow
Return on equity
Net profit over shareholders' equity, by fiscal year
Equity vs debt
Shareholders' equity against borrowings (₹ crore); the ratio below, same years.
- Equity
- Debt
Debt to equity
Dividends per share
₹ by fiscal year of the ex-date; the latest year runs to date. Not adjusted for the bonus of 26 Nov 2025: earlier bars are per pre-bonus share.
Financial statements
| Line item | 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 | 935 | 901 | 968 | 1,027 | 1,075 | 1,052 | 1,100 | 1,170 |
| Expenses | 162 | 157 | 181 | 184 | 171 | 171 | 195 | 227 | 199 | 206 | 249 | 240 |
| Operating Profit | 509 | 539 | 594 | 703 | 764 | 730 | 773 | 801 | 876 | 845 | 850 | 930 |
| OPM % | 76% | 77% | 77% | 79% | 82% | 81% | 80% | 78% | 82% | 80% | 77% | 79% |
| Other Income | 143 | 156 | 173 | 171 | 93 | 124 | 233 | 96 | 159 | 12 | 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 | 21 | 21 |
| Profit before tax | 637 | 679 | 752 | 858 | 840 | 835 | 986 | 876 | 1,014 | 834 | 1,089 | 977 |
| Tax % | 23% | 20% | 20% | 33% | 24% | 24% | 24% | 18% | 24% | 25% | 23% | 23% |
| Net Profit | 488 | 541 | 604 | 577 | 641 | 638 | 748 | 718 | 769 | 623 | 837 | 749 |
| EPS in Rs | ₹11.43 | ₹12.67 | ₹14.13 | ₹13.50 | ₹15.00 | ₹14.93 | ₹17.47 | ₹16.79 | ₹17.96 | ₹14.53 | ₹19.53 | ₹17.45 |
From company filings, updated 26 Oct 2026. Consolidated figures where the company reports them. Information only, not investment advice.
Working-capital cycle
-14 days since Mar 2023
-14 days since Mar 2023
-12 days since Mar 2023
Strengths, risks & growth
Incorporated in 1999, HDFC Asset Management Company Ltd provides Fund Management Services [1]
Strengths
- Company is almost debt free.
- Company has a good return on equity (ROE) track record: 3 Years ROE 31.7%
- Company has been maintaining a healthy dividend payout of 78.7%
Risks
- Stock is trading at 11.2 times its book value
Compounded Sales Growth
- 10 Years
- —
- 5 Years
- —
- 3 Years
- +23%
- TTM
- +15%
Compounded Profit Growth
- 10 Years
- —
- 5 Years
- —
- 3 Years
- +26%
- TTM
- +8%
Stock Price CAGR
- 10 Years
- —
- 5 Years
- +11%
- 3 Years
- +18%
- 1 Year
- -19%
Return on Equity
- 10 Years
- —
- 5 Years
- —
- 3 Years
- +32%
- Last Year
- +33%
Strengths and risks are a machine-generated checklist, not advice; growth is compounded annually over each period.
Shareholding pattern
| Holder | Dec 2025 | Mar 2026 | Jun 2026 | Sept 2026 | Change |
|---|---|---|---|---|---|
| Promoter | 52.38% | 52.37% | 52.34% | 52.29% | -0.05 pp |
| FII | 23.99% | 24.45% | 24.10% | 24.07% | -0.03 pp |
| DII | 14.90% | 14.42% | 14.76% | 14.57% | -0.19 pp |
| Public | 8.73% | 8.75% | 8.79% | 9.07% | +0.28 pp |
Filed with NSE for Sept 2026: promoters 52.29%, public 47.71% · XBRL filing
Analysts & fund holdings
Who holds the shares, quarter by quarter
Mutual funds 8.25% (-0.25 pp)- Promoters52.3%
- Foreign institutions24.1%
- Mutual funds8.3%
- Insurance3.1%
- Other domestic institutions3.2%
- Retail6.4%
- Others2.7%
| Fund | % of company | % of fund | 3-month change |
|---|---|---|---|
| ICICI Pru Large Cap Fund | 0.74% | 1.00% | -0.02 pp |
| ICICI Pru Focused Fund | 0.59% | 3.56% | +0.39 pp |
| ICICI Pru Balanced Advantage Fund | 0.54% | 0.78% | -0.07 pp |
| Motilal Oswal Flexi Cap Fund | 0.32% | 2.45% | -0.43 pp |
| Nippon India Banking & Financial Services Fund | 0.21% | 2.99% | +1.50 pp |
Scorecard
- Performance
- Low
- Valuation
- High
- Growth
- Avg
- Profitability
- High
- Entry point
- Good
- Red flags
- Low
Analyst coverage, holdings and scorecard from market data; not a recommendation by Parasram India.
Risk & trend
From 275 daily sessions to 23 Oct 2026. Adjusted for 1 corporate action.
Risk
- Volatility (1Y)
- 31.2%
- Downside volatility
- 30.4%
- Worst 5% of days
- 3.2%
- Average of that tail
- 4.1%
- Max drawdown (1Y)
- 24.7%
- Below its peak
- 23.5%
Against the market
- Beta vs Nifty 50
- 1.49
- Correlation
- 0.63
- Relative strength (3M)
- -5.0%
- ATR (14)
- 3.0%
Return
- Return 1M
- -7.4%
- Return 3M
- -10.3%
- Return 6M
- -18.7%
- Return 1Y
- -19.6%
- vs 200-day average
- -12.4%
Momentum
- RSI (14)
- 39.7
- MACD histogram
- 2.63
- Stochastic %K
- 14.2
- ADX (14)
- 25.7
- +DI / −DI
- 17.1 / 30.1
- Money flow index
- 50.1
Participation
- Delivery (20d avg)
- 59.1%
- vs its 60-day baseline
- -1.2 pts
- Volume vs 20-day
- +0.7σ
- Close vs day's VWAP
- +0.7%
- 52-week position
- 5 / 100
These describe what this stock's price has already done. They are not forecasts, signals or recommendations, and a dash means the figure was withheld for want of enough history rather than being zero.
Financial quality
From consolidated statements to 31 Mar 2026.
Piotroski F-Score
3 of 5 tested
- Return on assets positive — passed
- Operating cash flow positive — not testableno cash flow statement for this period
- Return on assets improving — failed
- Cash flow exceeds profit — not testableneeds cash flow and profit against assets
- Debt to assets falling — not testableno debt or total assets figure
- Current ratio improving — passed
- No new equity issued — not testableno share count is collected, and financing cash flow mixes equity with debt
- Operating margin improving — failed
- Asset turnover improving — passed
- Free cash flow
- ₹2,505 Cr
- FCF yield
- 2.6%
- Cash conversion
- 0.88
- Accruals ratio
- 0.033
- Capex intensity
- 0.5%
- Revenue CAGR
- 16.7%
- Profit CAGR
- -2.5%
Computed from filed statements, not filed themselves. A dash means an input was absent, and the score counts only the criteria that could actually be tested.
Corporate actions
- dividend₹54.00
Dividend - Rs 54 Per Share
5 Jun 2026ex-date - bonusNot available — not reported in this filing
Bonus 1:1
26 Nov 2025ex-date - dividend₹90.00
Dividend - Rs 90 Per Share
6 Jun 2025ex-date - dividend₹70.00
Interim Dividend - Rs 70 Per Share
18 Jun 2024ex-date - dividend₹48.00
Dividend - Rs 48 Per Share
9 Jun 2023ex-date - dividend₹42.00
Annual General Meeting/Dividend - Rs 42 Per Share
9 Jun 2022ex-date - dividend₹34.00
Annual General Meeting/Dividend - Rs 34 Per Share
29 Jun 2021ex-date - dividend₹28.00
Annual General Meeting/Dividend - Rs 28 Per Sh
9 Jul 2020ex-date - dividend₹12.00
Annual General Meeting/Dividend - Rs 12 Per Share
4 Jul 2019ex-date - dividend₹12.00
Interim Dividend - Rs 12 Per Share
6 Mar 2019ex-date
Company announcements
Intimation of Investor/analyst meeting/conference - Schedule of Meet - Non-deal roadshow
Newspaper Publication
Audio Recording of earnings call - Q2 FY27 Financial Results
Investor Presentation and press release for the Quarter and Half year ended September 30, 2026
Financial Results for the Quarter & Half year ended September 30, 2026
Grant of Stock Options And Performance Linked Stock Units
Intimation of conference call on financial results for the quarter and half year ended September 30, 2026
HDFC Asset Management Company Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 15/10/2026 ,inter alia, to consider and approve unaudited standalone ....
Allotment of Equity shares pursuant to Employee Stock Option Scheme
Intimation of Analyst Meet
Allotment of Equity Shares pursuant to Employee Stock Options Scheme
Intimation of Analyst Meet
Intimation of ESG rating
Changes in Senior Management Personnel
Filed with BSE (scrip 541729); the last 45 days. Documents open at bseindia.com.
SEBI filings & orders
From SEBI's website. An order may concern the company, its officers or trading in its shares, and may be under appeal - read the order itself. Personal identifiers are withheld.
Regulatory orders
- Settlement order
Settlement Order in respect of HDFC Asset Management Company Limited (HDFC AMC), HDFC Trustee Company Limited, Mr. Milind Barve, CEO - HDFC AMC, Mr. Prashant Jain, Chief Investment Officer & Executive Director – HDFC AMC, Mr. Anil Bamboli, Senior Fund Manager – HDFC AMC, Mr. Shobhit Mehrotra, Senior Fund Manager & Head Credit – HDFC AMC and Mr. Yezdi Khariwala, the then Compliance Officer – HDFC AMC – in the matter of HDFC Asset Management Company Limited.
16 Apr 2020Read on SEBI - Settlement order
Settlement Order in respect of HDFC Asset Management Company Limited in the matter of HDFC Mutual Fund
4 Dec 2018Read on SEBI - Order
Order in the matter of front-running of trades of HDFC Asset Management Company Limited by Sanghvi group and Kalpana group
15 Jan 2016Read on SEBI
Documents
Annual reports
Earnings calls
- Oct 2026TranscriptSlidesRecording
- Jul 2026TranscriptSlidesRecording
- Apr 2026TranscriptSlidesRecording
- Jan 2026TranscriptSlidesRecording
- Oct 2025TranscriptSlidesRecording
- Jul 2025TranscriptSlidesRecording
Credit ratings
- Rating update · 9 Mar from icra
- Rating update · 2 Jun 2025 from icra
- Rating update · 13 Mar 2025 from icra
- Rating update · 3 Apr 2024 from icra
- Rating update · 21 Apr 2023 from icra
- Rating update · 29 Apr 2022 from icra
Documents open at BSE or the rating agency that issued them.
Sourced from the company's NSE XBRL filing dated 15 Oct 2026 (unaudited). View the source filing. Figures are as filed and are not investment advice.
HDFC Asset Management Company: common questions
Answered from the figures on this page.
