HDFC Asset Management Company Ltd financial results and price chart (2024)

Table of Contents
Peer comparison Quarterly Results Profit & Loss Balance Sheet Cash Flows Ratios Documents Announcements Annual reports Credit ratings Concalls FAQs

₹ 3,811 0.99%

26 Mar - close price

About

Incorporated in 1999, HDFC Asset Management Company Ltd provides Fund Management Services[1]

Key Points

Business Overview:[1] HDFC Trustee Company Limited appointed HDFC AMC as investment manager of HDFC Mutual Fund. Company is also registered under the SEBI to provide Portfolio Management Services

  • Market Cap ₹ 81,356 Cr.
  • Current Price ₹ 3,811
  • High / Low ₹ 4,066 / 1,630
  • Stock P/E 45.7
  • Book Value ₹ 282
  • Dividend Yield 1.26 %
  • ROCE 32.3 %
  • ROE 24.5 %
  • Face Value ₹ 5.00

Edit ratios

Pros

  • Company is almost debt free.
  • Company has a good return on equity (ROE) track record: 3 Years ROE 26.9%
  • Company has been maintaining a healthy dividend payout of 63.6%
See Also
Top 10 AMCs (Asset Management Companies) in India 2024AMC Networks launches streaming service AMC+ in IndiaQuant Mutual FundAsset Management Company ( AMC )

Cons

  • Stock is trading at 13.5 times its book value
  • The company has delivered a poor sales growth of 5.80% over past five years.
  • Promoter holding has decreased over last 3 years: -21.4%

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Sector: Finance Industry:

Edit Columns

Loading peers table ...

Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
482 503 507 542 550 516 522 545 560 541 575 643 671
96 107 126 131 135 123 132 140 146 130 146 161 160
Operating Profit 386 396 381 411 414 393 390 405 413 411 429 482 511
OPM % 80% 79% 75% 76% 75% 76% 75% 74% 74% 76% 75% 75% 76%
113 43 101 66 86 65 11 104 103 97 158 122 142
Interest 2 2 2 2 2 2 2 2 2 2 2 2 2
Depreciation 14 14 14 14 13 13 14 13 13 13 13 13 13
Profit before tax 483 423 466 461 485 443 385 493 501 492 571 589 639
Tax % 23% 25% 26% 25% 26% 22% 18% 26% 26% 24% 16% 26% 23%
369 316 345 344 360 344 314 364 369 376 478 438 490
EPS in Rs 17.34 14.84 16.21 16.16 16.87 16.11 14.73 17.07 17.31 17.63 22.37 20.50 22.94
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
777 898 1,056 1,490 1,568 1,870 2,075 2,124 2,194 2,429 2,478 2,430
321 372 432 775 776 802 709 431 388 515 549 597
Operating Profit 456 525 624 715 792 1,068 1,366 1,693 1,806 1,913 1,929 1,833
OPM % 59% 59% 59% 48% 51% 57% 66% 80% 82% 79% 78% 75%
7 6 9 4 20 0 22 19 8 4 4 519
Interest 0 0 0 0 0 0 0 9 9 9 10 9
Depreciation 16 8 10 11 12 9 13 50 55 54 53 52
Profit before tax 447 522 623 708 800 1,058 1,375 1,653 1,749 1,855 1,871 2,291
Tax % 29% 32% 33% 33% 31% 33% 32% 24% 24% 25% 24%
319 358 416 478 550 711 931 1,262 1,326 1,393 1,424 1,781
EPS in Rs 126.28 141.74 164.61 189.90 218.64 33.78 43.78 59.32 62.26 65.32 66.72 83.44
Dividend Payout % 35% 35% 39% 42% 42% 47% 55% 47% 55% 64% 72%
Compounded Sales Growth
10 Years: 12%
5 Years: 6%
3 Years: 5%
TTM: 13%
Compounded Profit Growth
10 Years: 16%
5 Years: 15%
3 Years: 4%
TTM: 28%
Stock Price CAGR
10 Years: %
5 Years: 20%
3 Years: 10%
1 Year: 127%
Return on Equity
10 Years: 32%
5 Years: 29%
3 Years: 27%
Last Year: 24%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 25 25 25 25 25 105 106 106 106 107 107 107
Reserves 677 876 1,095 1,126 1,398 2,149 2,964 3,923 4,670 5,423 6,002 5,918
0 0 0 0 0 0 0 0 0 0 0 0
765 220 192 272 177 218 153 279 319 350 428 405
Total Liabilities 1,467 1,121 1,312 1,423 1,600 2,472 3,224 4,309 5,095 5,880 6,537 6,430
19 28 34 31 31 31 40 157 153 135 150 138
CWIP 0 0 0 1 2 6 3 5 1 0 2 0
Investments 665 737 651 986 1,237 2,058 2,935 3,945 4,753 5,570 6,079 5,960
784 357 627 405 329 378 246 203 187 175 305 332
Total Assets 1,467 1,121 1,312 1,423 1,600 2,472 3,224 4,309 5,095 5,880 6,537 6,430

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
742 455 618 894 1,285 1,085 1,254 1,149
-297 -176 -633 -777 -928 -483 -508 -218
-447 -279 15 -119 -332 -628 -746 -930
Net Cash Flow -2 0 1 -1 26 -25 0 1

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 9 6 6 9 20 18 15 10 13 11 27
Inventory Days
Days Payable
Cash Conversion Cycle 9 6 6 9 20 18 15 10 13 11 27
Working Capital Days -6 -319 90 9 17 -11 11 -22 -17 -16 -4
ROCE % 65% 62% 62% 62% 58% 52% 47% 40% 36% 32%

Documents

Concalls

See Also
Quant Small Cap Fund-Growth (₹ 226.97) - NAV, Reviews & asset allocation
HDFC Asset Management Company Ltd financial results and price chart (2024)

FAQs

Is HDFC Asset Management good buy? ›

According to analyst recommendations, HDFC Asset Management Company Ltd Share has a “Buy” rating for the long term.

Get More Info ›
What is the issue price of HDFC asset management? ›

What is HDFC AMC IPO? HDFC AMC IPO is a main-board IPO of 25,457,555 equity shares of the face value of ₹5 aggregating up to ₹2,800.33 Crores. The issue is priced at ₹1095 to ₹1100 per share. The minimum order quantity is 13 Shares.

See Details ›
What is the financial analysis of HDFC AMC? ›

HDFC AMC's Operating Profit

Q-o-Q: HDFC AMC reported a 6.0% increase in operating profit, reaching ₹493.98 crores in Q3 FY24. This growth suggests improved operational efficiency and profitability compared to the preceding quarter.

See More ›
What is the lot size of HDFC asset management? ›

Snapshot Call Option of HDFC Asset Management Company Ltd.
Expiry date25/04/202430/05/2024
Lot Size300300
Max Traded Strike Price/ Contracts3800.00 / 22093700.00 / 1
Previous Day Max Traded Strike Price/ Contracts3700.00 / 21750 / 0
Total Call Contracts/ Previous6521 / 58801 / 0
4 more rows

Read More ›
Is it safe to invest in HDFC? ›

There are 21 analysts who have given it a strong buy rating & 14 analysts have given it a buy rating.

Keep Reading ›
How safe is HDFC Securities? ›

Before you commit, you should know whether it is a secure and legit broker. You can rest assured that Hdfc Securities is not a scam but a legitimate entity. This broker is registered with the top-tier Securities & Exchange Board of India (SEBI) in India..

See More ›
Why HDFC is falling so much? ›

HDFC Bank's margin came largely flat, which was slightly below its expectations, even as the Bank deployed excess liquidity and significantly drew down the LCR ratio, said the brokerage. "Loan growth was healthy driven by growth in retail and continued traction in Commercial and Rural Banking.

Discover More Details ›
Why HDFC is dropping? ›

The brokerage cites challenges such as the bank's exhausted Liquidity Coverage Ratio (LCR), slower deposit growth, and loan growth concerns, leading to a 5-6 per cent reduction in earnings projections.

Continue Reading ›
Why is HDFC Ltd share price falling? ›

With its current LDR, HDFC Bank holds the highest ratio among India's private banks, causing concerns in the market. Analysts and investors fear that elevated levels of credit/deposit (CD) ratio, beyond the RBI's comfort range, could lead to potential challenges.

Explore More ›
Is HDFC AMC overvalued? ›

Intrinsic Value. The intrinsic value of one HDFCAMC stock under the Base Case scenario is 1 704.7114 INR. Compared to the current market price of 3 695.1001 INR, HDFC Asset Management Company Ltd is Overvalued by 54%.

Tell Me More ›

Is HDFC AMC a debt free company? ›

HDFC Asset Management has a total shareholder equity of ₹60.2B and total debt of ₹0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ₹64.3B and ₹4.1B respectively. HDFC Asset Management's EBIT is ₹23.0B making its interest coverage ratio 251.

View More ›
Which sector is HDFC asset management? ›

HDFC Asset Management Company Limited is a mutual fund manager.

View More ›
What are HDFC assets worth? ›

HDFC Bank
Company typePublic
Total assets₹25.3 lakh crore (US$320 billion) (2023)
Total equity₹2.85 lakh crore (US$36 billion) (2023)
Number of employees177,000 (1 July 2023)
SubsidiariesHDFC Life HDFC ERGO HDFC Securities HDFC Asset Management Company HDFC Mutual Fund HDB Financial Services HDFC Credila Financial Services
14 more rows

Get More Info Here ›
What does HDFC Asset Management Company do? ›

The Company is in the business of providing asset management services to HDFC Mutual Fund and alternative investment fund and portfolio management and advisory services to clients.

See More ›
What is the asset value of HDFC Bank? ›

Total assets on the balance sheet as of December 2023 : $466.29 B. According to HDFC Bank's latest financial reports the company's total assets are $466.29 B.

View Details ›
Top Articles
How To Write A Project Statement Of Work: Template & Example
Coupert Review: Is It Legit?
What is 20 Divided by 30? With Remainder, as Decimal, etc
Signs you are over-irrigating or under-irrigating | Rivulis
Latest Posts
Sample project report for bank loan pdf, excel, doc
Is Freedom Financial Network a Scam? – Truth Exposed!
Article information

Author: Jonah Leffler

Last Updated:

Views: 5816

Rating: 4.4 / 5 (65 voted)

Reviews: 80% of readers found this page helpful

Author information

Name: Jonah Leffler

Birthday: 1997-10-27

Address: 8987 Kieth Ports, Luettgenland, CT 54657-9808

Phone: +2611128251586

Job: Mining Supervisor

Hobby: Worldbuilding, Electronics, Amateur radio, Skiing, Cycling, Jogging, Taxidermy

Introduction: My name is Jonah Leffler, I am a determined, faithful, outstanding, inexpensive, cheerful, determined, smiling person who loves writing and wants to share my knowledge and understanding with you.