Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.
Financials of HDFC Asset Management Company Ltd
Quarter-by-quarter operating performance
| Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 541 | 575 | 643 | 671 | 695 | 775 | 887 | 934 | 901 | 968 | 1,026 | 1,074 | 1,050 |
| Expenses + | 130 | 146 | 161 | 160 | 156 | 180 | 183 | 170 | 170 | 194 | 225 | 197 | 205 |
| Operating Profit | 411 | 429 | 482 | 511 | 539 | 595 | 704 | 764 | 731 | 774 | 801 | 877 | 846 |
| OPM % | 76% | 75% | 75% | 76% | 78% | 77% | 79% | 82% | 81% | 80% | 78% | 82% | 81% |
| Other Income + | 97 | 158 | 122 | 142 | 155 | 173 | 171 | 93 | 124 | 233 | 96 | 159 | 11 |
| Interest | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 3 | 3 | 3 | 3 | 4 |
| Depreciation | 13 | 13 | 13 | 13 | 13 | 13 | 14 | 15 | 17 | 17 | 18 | 18 | 19 |
| Profit before tax | 492 | 571 | 589 | 639 | 679 | 752 | 859 | 840 | 835 | 986 | 876 | 1,015 | 834 |
| Tax % | 24% | 16% | 26% | 23% | 20% | 20% | 33% | 24% | 24% | 24% | 18% | 24% | 25% |
| Net Profit + | 376 | 478 | 438 | 490 | 541 | 604 | 577 | 641 | 639 | 748 | 718 | 770 | 623 |
| EPS in Rs | 8.81 | 11.19 | 10.25 | 11.47 | 12.67 | 14.14 | 13.50 | 15.00 | 14.94 | 17.48 | 16.78 | 17.98 | 14.55 |
Financials of HDFC Asset Management Company Ltd
Annual income statement trend
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 1,056 | 1,490 | 1,568 | 1,870 | 2,075 | 2,124 | 2,194 | 2,429 | 2,478 | 3,159 | 4,050 | 4,119 |
| Expenses + | 432 | 775 | 776 | 802 | 709 | 431 | 388 | 515 | 549 | 623 | 704 | 821 |
| Operating Profit | 624 | 715 | 792 | 1,068 | 1,366 | 1,693 | 1,806 | 1,913 | 1,929 | 2,536 | 3,346 | 3,297 |
| OPM % | 59% | 48% | 51% | 57% | 66% | 80% | 82% | 79% | 78% | 80% | 83% | 80% |
| Other Income + | 9 | 4 | 20 | 0 | 22 | 19 | 8 | 4 | 4 | 4 | 9 | 499 |
| Interest | 0 | 0 | 0 | 0 | 0 | 9 | 9 | 9 | 10 | 9 | 9 | 13 |
| Depreciation | 10 | 11 | 12 | 9 | 13 | 50 | 55 | 54 | 53 | 52 | 58 | 73 |
| Profit before tax | 623 | 708 | 800 | 1,058 | 1,375 | 1,653 | 1,749 | 1,855 | 1,871 | 2,478 | 3,286 | 3,710 |
| Tax % | 33% | 33% | 31% | 33% | 32% | 24% | 24% | 25% | 24% | 21% | 25% | 23% |
| Net Profit + | 416 | 478 | 550 | 711 | 931 | 1,262 | 1,326 | 1,393 | 1,424 | 1,946 | 2,461 | 2,859 |
| EPS in Rs | 82.28 | 95.01 | 109.39 | 16.89 | 21.89 | 29.66 | 31.13 | 32.66 | 33.36 | 45.57 | 57.55 | 66.75 |
| Dividend Payout % | 39% | 42% | 42% | 47% | 55% | 47% | 55% | 64% | 72% | 77% | 78% | 81% |
Financials of HDFC Asset Management Company Ltd
Capital structure and asset base
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 25 | 25 | 25 | 105 | 106 | 106 | 106 | 107 | 107 | 107 | 107 | 214 |
| Reserves | 1,095 | 1,126 | 1,398 | 2,149 | 2,964 | 3,923 | 4,670 | 5,423 | 6,002 | 6,972 | 8,027 | 9,017 |
| Borrowings + | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Liabilities + | 192 | 272 | 177 | 218 | 153 | 279 | 319 | 350 | 428 | 478 | 619 | 757 |
| Total Liabilities | 1,312 | 1,423 | 1,600 | 2,472 | 3,224 | 4,309 | 5,095 | 5,880 | 6,537 | 7,558 | 8,754 | 9,988 |
| Fixed Assets + | 34 | 31 | 31 | 31 | 40 | 157 | 153 | 135 | 150 | 151 | 197 | 270 |
| CWIP | 0 | 1 | 2 | 6 | 3 | 5 | 1 | 0 | 2 | 1 | 0 | 0 |
| Investments | 651 | 986 | 1,237 | 2,058 | 2,935 | 3,945 | 4,753 | 5,570 | 6,079 | 7,190 | 8,289 | 9,396 |
| Other Assets + | 627 | 405 | 329 | 378 | 246 | 203 | 187 | 175 | 305 | 215 | 267 | 322 |
| Total Assets | 1,312 | 1,423 | 1,600 | 2,472 | 3,224 | 4,309 | 5,095 | 5,880 | 6,537 | 7,558 | 8,754 | 9,988 |
Financials of HDFC Asset Management Company Ltd
Operating, investing and financing cash movement
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity + | 742 | 455 | 618 | 894 | 1,285 | 1,085 | 1,254 | 1,149 | 1,620 | 2,077 | 2,530 | |
| Cash from Investing Activity + | -297 | -176 | -633 | -777 | -928 | -483 | -508 | -218 | -547 | -600 | -645 | |
| Cash from Financing Activity + | -447 | -279 | 15 | -119 | -332 | -628 | -746 | -930 | -1,066 | -1,475 | -1,886 | |
| Net Cash Flow | -2 | 0 | 1 | -1 | 26 | -25 | 0 | 1 | 7 | 1 | -1 | |
| Free Cash Flow | 733 | 441 | 601 | 877 | 1,255 | 1,074 | 1,244 | 1,135 | 1,602 | 2,032 | 2,508 | |
| CFO/OP | 137% | 90% | 89% | 98% | 100% | 80% | 87% | 81% | 85% | 84% | 102% |
Financials of HDFC Asset Management Company Ltd
Working capital efficiency and return ratios
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 6 | 9 | 20 | 18 | 15 | 10 | 13 | 11 | 27 | 11 | 12 | 14 |
| Inventory Days | ||||||||||||
| Days Payable | ||||||||||||
| Cash Conversion Cycle | 6 | 9 | 20 | 18 | 15 | 10 | 13 | 11 | 27 | 11 | 12 | 14 |
| Working Capital Days | 90 | 9 | 17 | -11 | 11 | -22 | -17 | -16 | -4 | -18 | -14 | -15 |
| ROCE % | 62% | 62% | 62% | 58% | 52% | 47% | 40% | 36% | 32% | 38% | 43% | 43% |