Gaja Alternative Asset Management Q1 FY27 Share Price & Earnings Call Analysis

₹127.53+1.64% today
Market cap
₹1,798 Cr
P/E
20.84
ROE
15.92%
PEG
0.87
Price to sales
13.26
Debt to equity
0.09
52W high / low
₹192 / ₹133
EBITDA margin
53.16%
Net profit margin
60.17%
Promoter holding
54.23%
Sales (last year)
₹136 Cr

Guidance scorecard · Q1 FY27 call

What Gaja Alternative Asset's management guided
and where it ranks in Capital Markets

#9of 25 in
Capital Markets

RevenueQ1 FY27 call

20–40%
  • Gaja Capital's total income grew 26% YoY in Q1 FY27 and 39% YoY for the last 12 months ended June 2026.
  • Profit after tax grew 35% YoY in Q1 and 38% YoY in the last 12 months, indicating strong earnings growth.
  • Fee-paying capital currently at INR 3,200 crores; Fund V (INR 2,500 crores) and Eastgate Secondaries (INR 1,500 crores) expected to add INR 4,000 crores, expanding AUM significantly.
  • Business diversification from three to five funds and strategies from one to two will support growth.
  • Historical income trendline: total income growth at 24% p.a. and profit at 35% p.a.; management is confident in maintaining this trend while refraining from formal guidance.

2 more points from Gaja Alternative Asset's call on revenue

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Full Q1 FY27 analysis

MarginsQ1 FY27 call

Flat

See what Gaja Alternative Asset said on margins — free account, 30 seconds.

Full Q1 FY27 analysis

CapexQ1 FY27 call

  • These represent strategic capital commitments expanding fee-paying capital by approximately INR 4,000 crores over the current INR 3,200 crores.
  • The platform aims to grow in a disciplined, measured way focused on their core mid-market competence.
  • Future investments will diversify strategies with two active strategies versus one currently, adding qualitative value and income streams.
  • Focus is on fund-raising and deployment in private equity and secondary investments.
Full Q1 FY27 analysis

FundraisingQ1 FY27 call

Planned

See what Gaja Alternative Asset said on fundraising — free account, 30 seconds.

Full Q1 FY27 analysis

Order bookQ1 FY27 call

Ask what Gaja Alternative Asset said on the order book →

Full Q1 FY27 analysis

Ranges are what management guided for revenue growth and margins on the latest earnings call. Not investment advice, and not a forecast of returns.

Potential multibaggers · Q2 FY27

Potential multibaggers in Capital Markets
on management's own guidance

  1. 2
  2. BSEGood growth
    1
  3. 3

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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.

Peers

Capital Markets companies ranked on guidance

#CompanyRevenue guidedMargin guidedMarket capP/E
1BSE20–40%Flat₹1.43L Cr50.6
2Nippon Life India Asset Management Ltd20–40%Flat₹57,947 Cr35.4
3Motilal Oswal Financial Services Ltd20–40%Flat₹56,798 Cr28.7
420–40%Flat₹37,393 Cr82.4
520–40%Flat₹32,034 Cr29.6
620–40%Flat₹14,710 Cr41.2

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Financials of Gaja Alternative Asset

Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.

Shareholder Pattern

Gaja Alternative Asset

Shareholding breakup across reporting periods.

Aug 2026
Promoters +54.23%
FIIs +2.81%
DIIs +15.07%
Public +27.89%
No. of Shareholders1,33,426

Financials of Gaja Alternative Asset

Quarterly Results

Quarter-by-quarter operating performance

Jun 2025Mar 2026Jun 2026
Sales +312016
Expenses +171618
Operating Profit144-2
OPM %46%19%-13%
Other Income +10136
Interest011
Depreciation011
Profit before tax24332
Tax %16%-22%15%
Net Profit +20427
EPS in Rs1.750.312.38

Financials of Gaja Alternative Asset

Profit & Loss

Annual income statement trend

Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Sales +385677122136
Expenses +5653466163
Operating Profit-183316172
OPM %-47%4.7%40%50%53%
Other Income +355827122
Interest71114
Depreciation12223
Profit before tax958555987
Tax %-7%28%19%-5%6%
Net Profit +1042456282
EPS in Rs4,567.9620,184.4721,485.5814,275.787.06
Dividend Payout %0%0%0%0%0%

Financials of Gaja Alternative Asset

Balance Sheet

Capital structure and asset base

Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital0.020.020.020.0256
Reserves187288332389550
Borrowings +1441053
Other Liabilities +1243525347
Total Liabilities200335387452706
Fixed Assets +188613
CWIP00004
Investments95239251238360
Other Assets +10488128208329
Total Assets200335387452706

Financials of Gaja Alternative Asset

Cash Flows

Operating, investing and financing cash movement

Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity +-23-621-9-15
Cash from Investing Activity +63-13-317-91
Cash from Financing Activity +-392-6-7152
Net Cash Flow2-1712246
Free Cash Flow-19-719-9-21
CFO/OP119%-137%75%-4%-14%

Financials of Gaja Alternative Asset

Ratios

Working capital efficiency and return ratios

Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days318231297395354
Inventory Days
Days Payable
Cash Conversion Cycle318231297395354
Working Capital Days449333374459451
ROCE %24%18%16%17%

What Gaja Alternative Asset's management said in earlier quarters

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