Aditya Birla Capital Ltd

Q4 FY25Finance

Aditya Birla Capital Q4 FY25 earnings call: Revenue & Margins

Q: 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.

Q: Is Aditya Birla Capital Ltd planning capital expenditure?

Significant investments have been made in digital assets and platforms, including personal, consumer, and MSME segments (e.g., Udyog Plus) to enhance productivity and growth.

Q4 FY25 earnings call: what management guided on revenue, margins and order book.

Price₹413

Market cap₹1.1L Cr

P/E27.3

Updated23 Aug 2026

Read4 min read

The short version

Life Insurance Business aims for 20-25% CAGR over next 3 years in business growth. ABSLI expects a CAGR of 20-25% in business growth over the next 3 years with expansion in VNB margins and doubling of Net VNB value.

From Aditya Birla Capital Ltd's Q4 FY25 earnings-call transcript · updated 23 Aug 2026.

Revenue & Sales Performance

Life Insurance Business aims for 20-25% CAGR over next 3 years in business growth.
Intends to double the value of Net VNB in next 3 years while expanding VNB margins beyond 18%.
Health Insurance sector optimistic on long-term growth; aims to maintain <100 CoR under new standards.
Asset Management AUM crossed ₹100,000 crore in April 2025, with steady 15% YoY growth.
Housing Finance to leverage increased capacity and productivity, aiming at robust growth supported by ecosystem channels.
NBFC loan book targeting to double in 3 years with focus on improving mix and product suite.

2 more points management made on revenue & sales performance

Profitability & Margins

ABSLI expects a CAGR of 20-25% in business growth over the next 3 years with expansion in VNB margins and doubling of Net VNB value. (Page 11)
Health Insurance business achieved breakeven with a profit of Rs. 6 crores in FY25 and aims to maintain profitability under new accounting standards. (Page 11)
ROA targeted to improve from 1.46% to between 2.00-2.20% over the next 8-10 quarters driven mainly by operating leverage, reduction in opex to average loan book by 100-130 bps, stable credit costs, despite slight margin compression. (Page 16)
Operating leverage aided by front-loading of expenses and productivity gains expected for HFC business. (Page 16)

2 more points management made on profitability & margins

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

Capital Expenditure Plans

Significant investments have been made in digital assets and platforms, including personal, consumer, and MSME segments (e.g., Udyog Plus) to enhance productivity and growth.
Capacity building in the housing finance business has involved increased branch network and operational capability, reflected in a 47% opex increase indicating front-loaded expense for future efficiency.
Capital infusion of INR 1,200 crores has been done in FY25; internal capital adequacy target ranges between 16.5% to 17% CRAR for the housing finance company (HFC).
Further growth capital for HFC will be supported by the operating and holding company, with ability to raise sub-debt from the market if required.
Continual investments in AI and analytics in insurance for sales training and customer experience improvement.

- Focus on expanding digital infrastructure across onboarding, underwriting, customer service, and claims. - New product launches in insurance (4 in FY25) and planned channel enhancements to drive growth. Overall, the company is strategically investing in digital transformation, capacity expansion, and capital adequacy to support a doubling of loan book and increased productivity over the next 3 years.

2 more points management made on capital expenditure plans

Top-ranked in Finance

Ranked on what management guided this quarter

5x potential

1Mufin Green Finance Ltd₹2.6K Cr

Rev 1Mar 1

2Akiko₹454 Cr

Rev 1Mar 1

3₹972 Cr

Rev 1Mar 2

4₹358 Cr

Rev 1Mar 2

5₹1.5L Cr

Rev 1Mar 3

Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.

Fundraising & Capital Structure

The company currently has a Capital Adequacy Ratio (CRAR) of 16.54%, above the regulatory requirement of 15%.
Internal target for CRAR is between 16.5% to 17%, indicating no immediate pressure to raise additional capital.
INR 1,200 crores have already been infused recently.
Tier 1 ratio stands at 14.3%, with sufficient headroom to raise subordinated debt if required.
For growth capital needs, especially for the Housing Finance Company (HFC) segment, support will be provided by the holding company (ABC).

2 more points management made on fundraising & capital structure

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

Order Book & Pipeline

The provided pages of the ABCL Q4 FY25 Earnings Call transcript do not contain specific information about the current or expected order book or pending orders for Aditya Birla Capital Limited. The discussion focuses primarily on financial performance, loan portfolios, insurance business metrics, digital initiatives, asset management, and risk management. If you need detailed information on order book or pending orders, you may need to refer to other sections of the earnings report or company filings specifically addressing project statuses or order books.

What Aditya Birla Cap's management said in earlier quarters

Others in Finance this season

Indian Renewable Energy Development Agency Ltd (Q4 FY25)
Revenue from operations for Q4 FY25 (quarter ended Mar 31, 2025): Rs 1904 crores . Key concall takeaways from Indian Renewable Energy Development Agency Ltd's…
Authum Investment & Infrastructure Ltd (Q4 FY25)
4,322.1 Cr, slightly down from Rs. Key concall takeaways from Authum Investment & Infrastructure Ltd's Q4 FY25 earnings call — and how it ranks against sector…
Niyogin Fintech Ltd (Q4 FY25)
37.4 crores, +4% YoY; net revenue: Rs. Key concall takeaways from Niyogin Fintech Ltd's Q4 FY25 earnings call — and how it ranks against sector peers.
Power Finance Corporation Ltd (Q4 FY25)
Growth will be driven by multiple segments, primarily power distribution (55% of disbursements) and renewable energy (17%). Key concall takeaways from Power…

Compare:vs Bajaj Finance Ltd vs Bajaj Finserv vs Shriram Finance Ltd

🔎 Who's planning the most growth?

Companies ranked by management's own guidance — revenue, margins, capex and order book, from every earnings call in India.

See rankings →

Frequently Asked Questions

What were Aditya Birla Capital Ltd Q4 FY25 results?

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?