AB

Aditya Birla Capital Ltd

Q2 FY26Finance

Aditya Birla Capital Ltd Q2 FY26 Results & Concall Highlights: Revenue, Margins & Order Book

Q2 FY26 earnings call: what management guided on revenue, margins and order book.

Price413
Market cap₹1.1L Cr
P/E27.3
Updated23 Aug 2026
Read4 min read

The short version

Life Insurance: Individual first-year premium (FYP) expected to grow at a CAGR of 20%+ over the next 3 years with the goal to double net VNB in absolute terms in the same period (Page 10). Aditya Birla Capital Limited (ABCL) expects medium-term ROA around 2.4% to 2.5%, with plans to expand margins over time.

From Aditya Birla Capital Ltd's Q2 FY26 earnings-call transcript · updated 23 Aug 2026.

Revenue & Sales Performance

  • Life Insurance: Individual first-year premium (FYP) expected to grow at a CAGR of 20%+ over the next 3 years with the goal to double net VNB in absolute terms in the same period (Page 10).
  • Health Insurance: Strong growth momentum continues, with a 31% YoY GWP growth in H1 FY26 and confidence to grow ahead of the market driven by a differentiated "Health First" model (Pages 10-11 and 3).
  • NBFC: AUM grew 22% YoY; disbursements reaching highest ever quarterly levels with continued focus on personal, consumer, and unsecured loans growing; margin and yield improvements expected from Q3/Q4 onwards (Pages 5, 12, 17).
  • Asset Management: AUM growing steadily with 11% YoY and 5% sequential growth, maintaining market leadership (Page 4).
  • Housing Finance: Loan portfolio growing strongly at 65% YoY with equity infusion to support growth opportunities (Page 4).
  • Overall Revenue: Consolidated revenue increased by 4% YoY and 10% sequentially in Q2 FY26 (Page 1).

Profitability & Margins

See what Aditya Birla Capital Ltd said on profitability & margins — free account, 30 seconds.

Capital Expenditure Plans

  • No explicit mention of current or future capex or strategic investments was made in the Q2 FY26 earnings call transcript.
  • However, equity infusion of ₹250 crore was made in the Housing Finance Company (HFC) subsidiary during Q2 FY26, totaling ₹500 crore for H1 FY26, to support growth momentum and maximize opportunities.
  • Continued investment in branch expansion noted, with 22 new branches added in the quarter, totaling 1,712 branches.
  • Ongoing investments in technology and operations were referenced, including digital enablement across platforms, data and analytics capabilities, and building best-in-class digital infrastructure.
  • Focus on strengthening omnichannel distribution and improving customer engagement through digital platforms like ABCD and Udyog Plus.
  • No specific future capex or strategic investment plans disclosed; emphasis remains on leveraging digital, data, and branch expansion to drive growth.

Top-ranked in Finance

Ranked on what management guided this quarter

5x potential
1Akiko
Rev 1Mar 1
2Finkurve Fin.
Rev 1Mar 2
3
Rev 1Mar 2
4
Rev 1Mar 3
5
Rev 1Mar 3
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Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.

Fundraising & Capital Structure

See what Aditya Birla Capital Ltd said on fundraising & capital structure — free account, 30 seconds.

Order Book & Pipeline

The provided document "1274128.pdf" from Aditya Birla Capital Limited Q2 FY26 Earnings Call does not explicitly mention current or expected order book or pending orders information. The focus is primarily on financial performance, business segment updates, regulatory impacts, product mix, and outlook on margins and growth trajectories. Key points related to business performance but not specific to order book: - NBFC portfolio growth and disbursement details are discussed, e.g., business loans portfolio, unsecured loans growth. - Life insurance premium growth and AUM figures are provided. - Health insurance gross written premium growth is mentioned. - Discussions on margin expansion, yield improvement, cost of funds, and asset quality. - Digital platform and branch expansion updates. No specific details on current or expected order book or pending orders are available in the document.

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Frequently Asked Questions

What were Aditya Birla Capital Ltd Q2 FY26 results?

Life Insurance: Individual first-year premium (FYP) expected to grow at a CAGR of 20%+ over the next 3 years with the goal to double net VNB in absolute terms in the same period (Page 10). Aditya Birla Capital Limited (ABCL) expects medium-term ROA around 2.4% to 2.5%, with plans to expand margins over time.

What is Aditya Birla Capital Ltd share price analysis?

Aditya Birla Capital Ltd currently shows a neutral. The stock trades at a P/E of 27.3 with a market cap of ₹109,732 Cr. Investors should review the full earnings analysis for detailed insights.

Is Aditya Birla Capital Ltd planning capital expenditure?

No explicit mention of current or future capex or strategic investments was made in the Q2 FY26 earnings call transcript.

Keep Aditya Birla Capital Ltd on your radar — track it to get its next earnings analysis in your feed.

This analysis is AI-generated based on publicly available earnings data and concall transcripts. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.