HDFC Asset Management Company Limited
₹2,305.80-₹11.90 (-0.5%)
Last close · Data as of Oct 30, 2026
- Market cap
- ₹1,06,467 Cr
- P/E
- 38.8x
- EV / EBITDA
- 41.9x
- Revenue
- ₹4,050 Cr
- Net margin
- 61.6%
- ROCE
- 38.2%
Price chart
Technical chartScreen technicals →-14.0% over the last year
Daily closes.
Go deeper
Technical chart: candles, 9 moving averages, RSI, MACD and drawing tools
Performance
Price change over each period, before dividends.
- 1M
- +1.0%
- 3M
- -9.4%
- 6M
- -15.0%
- 1Y
- -14.0%
- 5Y
- +73.6%
52-week range
Day change -₹11.90 (-0.5%) from ₹2,318 to ₹2,306 · Last close Oct 30, 2026
Best weekday to invest, historically
The same weekly amount in HDFCAMC, bought on each weekday since 2021.
AI Summary
Indian StockStrengths1
- Healthy return on equity of 30.3%
Concerns0
Rule-based from financial data. Not advice.
About the company
HDFC Asset Management Company Limited is a publicly owned investment manager. The firm launches and manages equity, fixed income, and balanced mutual funds for its clients. It manages equity, fixed income, balanced, and real estate portfolios. The firm invests in public equity and fixed income markets. The firm employs fundamental analysis to make its investments. HDFC Asset Management Company Limited was founded on December 10,1999 and is based in Mumbai, Maharashtra. HDFC Asset Management Company Limited operates as a subsidiary of HDFC Bank Limited.
- Sector
- Financial Services
- Shares outstanding
- 42.8 Cr shares
- ISIN
- INE127D01025
- BSE code
- 541729
Key statistics
Screen fundamentals →Valuation, profitability, growth and solvency at the latest close; hover a label for its meaning.
Valuation
- Market cap
- ₹1,06,467 Cr
- P/E
- 38.8x
- P/B
- 13.7x
- EV / EBITDA
- 41.9x
- EV / Sales
- 33.7x
- P/S
- 33.7x
- Earnings yield
- 2.6%
- 52-week high
- ₹2,862.95
- 52-week low
- ₹2,216.75
Profitability
- Operating margin
- 80.3%
- Net margin
- 61.6%
- EBITDA margin
- 80.4%
- ROE
- 30.3%
- ROCE
- 38.2%
- ROA
- 25.7%
- Dividend payout
- 77.0%
- Tax rate
- 21.0%
- Other income, % of PBT
- 0.2%
Growth
- RevenueLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹4,050 Cr
- Revenue growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 28.2%
- Revenue CAGR, 5YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 8.3%
- EBITDALatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹2,540 Cr
- EBITDA growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 31.4%
- Net profit growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 26.5%
- Net profit CAGR, 5YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 9.0%
- Cash from operationsLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹1,620 Cr
- CFO growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 41.0%
- Free cash flowLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹1.00 Cr
- Asset growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 15.6%
Solvency and efficiency
- Current ratio
- 15.49
- Debt / Assets
- 0.00
- Financial leverage
- 1.07
- CFO / Net profit
- 0.83
- Cash / Market cap
- 0.2%
- Cash per share
- ₹5.02
- Asset turnover
- 0.42
- Fixed asset turnover
- 20.92
- Capital intensity
- 0.05
- Debtor days
- 11 days
- Cash conversion cycle
- 11 days
Where the revenue went
Of every ₹100 of FY2025 revenue, ₹61 was left as net profit.
| From | To | Amount |
|---|---|---|
| Sales | Expenses | ₹704 Cr |
| Sales | Operating profit | ₹3,346 Cr |
| Operating profit | Interest | ₹9 Cr |
| Operating profit | Depreciation | ₹58 Cr |
| Operating profit | Profit before tax | ₹3,279 Cr |
| Other income | Profit before tax | ₹9 Cr |
| Profit before tax | Tax and other | ₹825 Cr |
| Profit before tax | Net profit | ₹2,461 Cr |
Revenue and net profit
Revenue grew 28.2% in FY2025; net profit is the dashed line.
| Date | Revenue | Net profit |
|---|---|---|
| FY2021 | ₹2,194 Cr | ₹1,326 Cr |
| FY2022 | ₹2,429 Cr | ₹1,393 Cr |
| FY2023 | ₹2,478 Cr | ₹1,424 Cr |
| FY2024 | ₹3,159 Cr | ₹1,946 Cr |
| FY2025 | ₹4,050 Cr | ₹2,461 Cr |
Cash flows
FY2025: ₹2,077 Cr from operations, ₹1,477 Cr free after investment (dashed).
| Date | Operating cash flow | Free cash flow |
|---|---|---|
| FY2021 | ₹1,085 Cr | ₹602 Cr |
| FY2022 | ₹1,254 Cr | ₹746 Cr |
| FY2023 | ₹1,149 Cr | ₹931 Cr |
| FY2024 | ₹1,620 Cr | ₹1,073 Cr |
| FY2025 | ₹2,077 Cr | ₹1,477 Cr |
Growth
Latest fiscal year FY2025 (ending March): each figure with its change over the year before.
- Revenue
- ₹4,050 Cr+28.2%1Y
- Net profit
- ₹2,461 Cr+26.5%1Y
- Cash from operations
- ₹2,077 Cr
- Free cash flow
- ₹1,477 Cr+37.7%1Y
- Revenue CAGR, 5Y
- 8.3%
- EBITDA CAGR, 5Y
- 8.2%
- Net profit CAGR, 5Y
- 9.0%
| Year | Revenue | Operating income | EBITDA | Net profit | CFO | FCF | ROE | Revenue growth 1Y | Net profit growth 1Y |
|---|---|---|---|---|---|---|---|---|---|
| FY2025 | ₹4,050 Cr | ₹3,346 Cr | — | ₹2,461 Cr | ₹2,077 Cr | ₹1,477 Cr | 30.3% | +28.2% | +26.5% |
Monthly returns
Month-by-month returns of HDFCAMC across the years, with the seasonal pattern.
Balance sheet
What the company owns and owes at the end of FY2025.
| Line | FY2025 |
|---|---|
| Liabilities and equity | ₹8,754 Cr |
| Equity capital | ₹107 Cr |
| Reserves | ₹8,027 Cr |
| Borrowings | ₹0 Cr |
| Other liabilities | ₹619 Cr |
| Assets | ₹8,754 Cr |
| Fixed assets | ₹197 Cr |
| Capital work in progress | ₹0 Cr |
| Investments | ₹8,289 Cr |
| Other assets | ₹267 Cr |
Market cap against peers
8 peers: same sector group, nearest by size.
P/E against peers
HDFCAMC trades at 38.8x earnings against a peer median of 26.9x (a 44% premium).
Peer comparison
Same-sector peers by market cap, with the median.
| Company | Market cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|
| HDFC Asset Management Company LimitedHDFCAMCthis companyP/E ↑ premium | ₹1.1 L Cr | 38.8x | 13.7x | 30.3% | 41.9x |
| Power Finance Corporation LtdPFC | ₹1.2 L Cr | 6.7x | 1.3x | 19.1% | — |
| Bajaj Holdings & Investment LimitedBAJAJHLDNG | ₹1.2 L Cr | 46.0x | 5.2x | 6.7% | 39.1x |
| IDBI Bank LtdIDBI | ₹1.1 L Cr | 11.6x | 1.7x | 12.5% | — |
| Indian BankINDIANB | ₹1.1 L Cr | 9.3x | 1.5x | 15.8% | — |
| ICICI Prudential Life Insurance Company LimitedICICIPRULI | ₹98,790 Cr | 71.7x | 7.3x | 7.3% | 85.9x |
| REC LIMITEDRECLTD | ₹96,561 Cr | 5.6x | 1.2x | 20.2% | 9.1x |
| ICICI Lombard General Insurance Company LimitedICICIGI | ₹93,966 Cr | 34.4x | 5.7x | 17.3% | 33.9x |
| Aditya Birla Capital LtdABCAPITAL | ₹91,754 Cr | 32.1x | 3.4x | 11.7% | 15.7x |
| Peer median | — | 26.9x | 2.8x | 12.3% | 33.9x |
Year-to-date ROI
HDFCAMC since 1 January, against earlier years.
Historical volatility
HDFCAMC's day-to-day swings over 30, 60 and 180 days.
Financial statements
Income statement, balance sheet and cash flow as reported, in ₹ crore, grouped into plain-language lines.
Figures in ₹ crore as reported, fiscal years ending March, newest first; the trailing twelve months (TTM) last.
Operating margin by fiscal year
| Date | Operating margin |
|---|---|
| FY2021 | 82.0% |
| FY2022 | 79.0% |
| FY2023 | 78.0% |
| FY2024 | 80.0% |
| FY2025 | 83.0% |
| Line | FY2025 |
|---|---|
| RevenueSales | ₹4,050 Cr |
| Costs | |
| Interest | ₹9 Cr |
| Expenses | ₹704 Cr |
| Operating profitOperating Profit | ₹3,346 Cr |
| Other income and charges | |
| Profit before tax | ₹3,286 Cr |
| Tax | |
| Net profitNet Profit | ₹2,461 Cr |
| Per share |
| Line | FY2025 |
|---|---|
| Liabilities and equityTotal Liabilities | ₹8,754 Cr |
| Equity capitalEquity Capital | ₹107 Cr |
| Reserves | ₹8,027 Cr |
| Borrowings | ₹0 Cr |
| Other liabilitiesOther Liabilities | ₹619 Cr |
| AssetsTotal Assets | ₹8,754 Cr |
| Fixed assetsFixed Assets | ₹197 Cr |
| Capital work in progressCWIP | ₹0 Cr |
| Investments | ₹8,289 Cr |
| Other assetsOther Assets | ₹267 Cr |
| Line | FY2025 |
|---|---|
| Operating cash flowCash from Operating Activity | ₹2,077 Cr |
| Investing cash flowCash from Investing Activity | -₹600 Cr |
| Financing cash flowCash from Financing Activity | -₹1,475 Cr |
| Change in cashNet Cash Flow | ₹1 Cr |
Learn while you research
Academy chapters picked for HDFC Asset Management Company Limited and the metrics on this page.
- 01 Taxes on Investments (India)LTCG, STCG, dividend tax, what every Indian investor needs.6 min read
- 02 Stock Valuation BasicsHow to think about what a fair price for a stock looks like.7 min read
- 03 Valuation Multiples ExplainedThis stock trades at a P/E of 38.8, learn when high multiples are justified.6 min read
- 04 Growth Investing28% revenue growth is in the top tier, learn how to value growth.7 min read
- 05 Sector AnalysisBanks & financials are uniquely sensitive to rates and credit cycles.6 min read
- 06 Essential Stock RatiosP/E, P/B, EV/EBITDA, what they mean and when to use each.7 min read