Announcement
Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS 21 Sep - Allotment of 16,637 Equity Shares pursuant to Employee Stock Option Scheme of the Company.
Source: Bse
Aditya Birla Sun Life AMC Limited (ABSLAMC)
Large CapFinancial Services stocks · Large cap · NSE
Aditya Birla Sun Life AMC Limited (ABSLAMC) is a leading Indian asset manager, investment manager for Aditya Birla Sun Life Mutual Fund, and offers alternate strategies including Portfolio Management Services, Real Estate Investments, and Alternative Investment Funds. It services 11.1 million investor folios with a pan-India presence across 310+ locations.
Data qualityFresh enough for analysisQuote updated 19 Oct, 03:31 pm ISTDetails
Quote19 Oct, 03:31 pm IST
Base fundamentals14 Oct 2026 · screener
Latest result21 Jul, 07:20 pm IST
Score20 Oct, 04:30 am IST · v4.3-runtime-valuation
Tags04 Oct 2026
Coverage14/14 · 100%
Valuation2026-07-20 · Rf 6.8% · Financial Services P/E 17.0 (n=243)
Technical timing lens
Trend score and candlestick chart
36BearishSMA20 -4.6% / mo · MACD −
Stock trend: 30
Sector RS: 44
Sector 3M: -5.8% vs Nifty 500 -5.6%
Financial Services FPI tailwindNot confirmed
Latest mapped FPI equity flow was not positive. View sector evidence
Technical chart
ABSLAMCD candles · FIT view-10.2%Latest close ₹958.70 on 2026-10-19
Bar
-0.9%
RSI
38
MACD hist
-3.63
52W pos
49%
2026-10-19O ₹967.15H ₹976.05L ₹954.65C ₹958.70Vol 1.0L sh
Up bar
Down bar
EMA 20
EMA 50
Volume + 20D avg
Result date
RSI(14)
MACD / signal
Market context
Relative performance and chart statistics
Adjusted completed-session prices, rebased to 100
ABSLAMCNifty Financial ServicesNifty 500
- ABSLAMC
- -14.3%
- Nifty 500
- -5.6%
- Nifty Financial Services
- -6.0%
- Vs Nifty 500
- -8.7 pp
Chart stats
19 Oct 2026- From 52W high
- -21.7%
- 52W range position
- 49%
- ATR (14)
- 3.8%
- Volume vs 20D
- 0.60x
- Avg traded value
- ₹16.2 Cr
- 20D price channel
- ₹942.5 - ₹1,068.9
₹1,224.9
₹708 - ₹1,224.9
₹36.2
Latest completed session
20-session average
29.4% annualized volatility
Research snapshot
What the evidence says now
Investable fundamentals, management evidence is still limited to a financial-only Trust Lite signal, price trend argues for patience, and recent execution is mixed.
Suggested next step
Research, do not rush
The evidence is not strongly aligned. Compare peers and wait for a cleaner setup.
U-Score
Legacy · UNDERVALUED60
Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.
Latest result
Bad27
Revenue +3.6% · PAT +11.6% YoY
Technical
Bearish36
Price trend and sector-relative-strength timing.
Valuation
Legacy model+10.2%
Legacy margin-of-safety estimate; the revised evidence label remains in shadow validation.
Trust
Limited evidence82
Financial-only signal; management claim evidence is not sufficient yet.
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Latest result
Quarter ended 30 Jun 2026
Bad · 27/100margin compression · Rev +4% YoY · PAT +12% YoY · operating leverage
Filed 21 Jul 2026
Open results browser →| Metric | This quarter | YoY | QoQ |
|---|---|---|---|
| Revenue | ₹463 Cr | +3.6% | +1.1% |
| EBITDA | ₹258 Cr | -3.0% | -3.0% |
| Operating margin | 56.0% | -300 bps | -200 bps |
| PAT | ₹309 Cr | +11.6% | +65.2% |
| PAT margin | 66.7% | +477 bps | +2591 bps |
NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.
Fundamentals
Valuation
- P/E
- 27.90
- P/B
- 6.96
- EV/EBITDA
- 24.70
- Market Cap
- 28188.00Cr
Profitability
- ROE
- 25.20%
- ROCE
- 32.20%
- ROA
- 22.81%
- Dividend Y
- 2.62%
Growth (CAGR)
- Revenue 5Y
- 11.00%
- EPS 5Y
- 13.00%
- Revenue 3Y
- 15.00%
- EPS 3Y
- 18.00%
Balance Sheet
- Debt/Equity
- 0.02
- Interest Coverage
- 219.20×
- Altman Z
- 8.81
- Book Value
- 140.00
Cash Flow
- FCF Yield
- 2.54%
- FCF Positive Y
- 9/5
- OCF
- 812.00 Cr
- EPS TTM
- 34.87
Shareholding
- Promoter Hold
- 74.67%
- Promoter Pledge
- 0.00%
- Momentum 52W
- 52%
Financial History
Updated 19/10/2026
Revenue
₹ CrLatest: 463+1.1% vs prev
Net Profit
₹ CrLatest: 309+65.2% vs prev
ROE is shown only in the Annual view — quarterly equity data isn't published.
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Daily technical trend read
Bearish setupTrend is weak — long-term trend down. RSI 38.
- Price below SMA200 (long-term downtrend) — short-term bounces likely countertrend.
- SMA20 falling (~4.8% over last month) — short-term momentum negative.
- RSI(14) at 38 — falling, no extreme reading.
- MACD below signal, histogram expanding negatively — bearish momentum building.
- 22% off 52W high · 35% above 52W low.
Mechanical read from the price + indicator series above. Not a recommendation — technical setups can reverse without warning, especially around earnings and macro events.
Nifty 500 leadership
Relative Strength & Trend Stage
72
RS percentile
Stage 1 Base / Transition
1M return
-9.6%
3M return
-14.3%
6M return
-6.0%
1Y return
+18.4%
RS 1D
+2
RS 20D
-2
Sector rank
#9
Industry rank
-
Stage evidence
- Price is within 7.8% of the 30-week proxy.
- The 30-week proxy changed +0.9% over 20 sessions.
- The moving-average structure does not confirm Stage 2 or Stage 4.
50-DMA
price below
200-DMA
price below
Sector
neutral
Industry
unranked
Relative-strength line vs Nifty 500 (base 100)
262 observations
19 Oct 2026Value 127.06-0.35%
RS vs Nifty 500127
Valuation & peers
U-Score 60 · legacy U-Score band UNDERVALUED · valuation evidence and comparable companies
Valuation & peers
U-Score 60 · legacy U-Score band UNDERVALUED · valuation evidence and comparable companies
Premium Compounder
Fundamental score breakdown
U band · UNDERVALUEDValuation4/30
Growth13/25
Quality18/20
Balance Sheet12/15
Cash Flow8/10
Piotroski
8/9 (+5)
Penalties
0
Raw sum
60
Why this score?
Top U-Score contributors and drags from the latest stored fundamentals.
60/100 · legacy band UNDERVALUED
Positive drivers
- Piotroski is strong at 8/9.
- Fair-value margin of safety is positive at 10.2%.
- Quality contributes 18/20 to the score.
Main drags
- Valuation is weaker at 4/30; verify the latest quarterly trend.
- Growth is weaker at 13/25; verify the latest quarterly trend.
- Balance sheet is weaker at 12/15; verify the latest quarterly trend.
Sector valuation model
Blended valuation: PE, EV/EBITDA, FCF yield, and balance-sheet checks
For this sector, IndiaPulse uses a blended lens rather than relying on a single valuation ratio.
Primary lens
PE, EV/EBITDA, margin of safety, and FCF yield together.
Secondary checks
ROE/ROCE, growth, cash conversion, leverage, promoter risk.
Main risk check
One cheap metric is not enough if quality or cash flow is weak.
PE
27.9
PB
7.0
EV/EBITDA
24.7
ROE
25.2%
ROCE
32.2%
FCF Yield
2.5%
Debt/Equity
0.0
MoS
+10.2%
Score movement
Stored run vs live recompute
This shows the stored score trend when snapshots exist, and also compares the latest stored nightly score with a live recompute from current fundamentals and price.
Stored run: 20 Oct 2026
v4.3-runtime-valuation
Final score
60
Previous: 60
Legacy U-Score band
UNDERVALUED
Previous: UNDERVALUED
Margin of safety
+10.2%
Previous: +10.2%
Score history
12 stored score snapshots. Latest stored move: +2 points.
20 Oct 2026
v4.3-runtime-valuation
58
58
58
58
58
58
58
58
58
58
58
60
Factor attribution
No pillar movement versus the latest stored run. Historical score trend will appear after snapshot storage is enabled.
Modelled fair value
Graham Number
₹331.42
-189.3% MoS
Growth-justified P/E
30.6
Growth-justified Value
₹1,067.02
+10.2% MoS
PEG
1.86
Comparable companies
Peers
Business-comparable peers in Financial Services — ranked by industry, sub-sector, theme-tag overlap, market cap, and U-Score similarity. Green cells mark the best available peer metric in this table.
Ticker
Name
Why peer
Score
PE
ROE
MoS
Verdict
CRAMC
Micro
Canara Robeco Asset Management Company Limited
Asset Management
match 79
71
19.8
30.3%
+25%
UNDERVALUED
ICICIAMC
Mid
ICICI Prudential Asset Management Company Limited
Asset Management
match 70
61
39.3
85.8%
-52%
UNDERVALUED
IVC
Small
IL&FS Investment Managers Limited
Asset Management
match 47
26
60.6
1.9%
-1342%
OVERVALUED
UTIAMC
Large
UTI Asset Management Company Limited
NBFC / Capital Markets / Insurance
match 40
33
21.0
10.3%
-254%
WATCHLIST
HDFCAMC
Large
HDFC Asset Management Company Limited
NBFC / Capital Markets / Insurance
match 34
55
34.6
32.9%
-40%
FAIR VALUE
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business and thesis
Where growth can come from, and what can break the case
Thesis intactReviewed 2026-07-22T02:11:18.112Z
Management commentary snapshot
ABSLAMC reported robust Q1 FY27 results, with overall QAAUM up 42% YoY to Rs 6,279 bn, significantly boosted by a 5x YoY surge in PMS/AIF. Total Revenue grew 11% YoY to Rs 6.3 bn, and Profit After Tax increased 12% YoY to Rs 3.1 bn.
The company demonstrated strong AUM growth, particularly in alternate assets, which significantly drove overall QAAUM expansion. While mutual fund AUM growth was more modest, profitability improved. The focus on expanding distribution, digital platforms, and diverse product offerings appears to be yielding results, supporting the long-term growth thesis.
Current business mix
Overall Average AUM by Asset Class (Q1 FY27)
Latest issuer-disclosed distribution across 4 reported categories.
MF - Equity32.0%
MF - Debt25.0%
MF - Liquid11.0%
Alternate Assets32.0%
Growth engines
Accelerated growth in Passive & Alternative investments
Overall QAAUM including Alternate assets grew by 42% YoY to Rs 6,279 bn, with PMS/AIF QAAUM up 5x YoY.
Sustainable growth in SIPs
Monthly SIP contribution stood at Rs 10.85 bn for June 2026 with 4.03 million contributing SIP accounts.
Expand Geographic reach and strengthen multi-channel distribution
Servicing investors across 360+ National Distributors, 95,500+ MFDs, 130+ Digital Partners, 90+ Banks, and 310+ locations.
Scale retail franchise and diversify product offerings
Individual MAAUM stood at Rs 2,106 bn for June 2026, contributing 48.9% of Mutual Fund AUM.
Capacity and execution
MFD Empanelment
Empaneled 1,900+ new MFDs in Q1 FY27, streamlining the process with a new WhatsApp-based system.
Tailwinds
Industry AUM Growth
The industry witnessed Y-o-Y AUM growth of 15% in Q1 FY27.
Improved Industry Net Sales
The industry witnessed improved overall net sales in Q1 FY27.
Headwinds
Industry New SIP Registrations
Industry new SIP registrations decreased to 16.04 million in Q1 FY27.
Management accountability
What management said, and what results must prove
Issuer guidance and extracted claims are tracked against later reported outcomes. Treat these as management statements, not IndiaPulse forecasts.
Analyst reading lens
Compare BOTH
AUM growth is best understood YoY to account for market cycles and long-term trends in the AMC business. Quarterly financial results also provide sequential momentum and operational efficiency insights.
Sector KPIs management disclosed
Overall Quarterly Average AUM (QAAUM)
Rs 6,279 bn (up 42% YoY)
Mutual Fund QAAUM
Rs 4,277 bn (up 6% YoY)
Equity Mutual Fund QAAUM
Rs 1,987 bn (up 10% YoY)
PMS/AIF QAAUM
Rs 1,945 bn (up 5x YoY, includes Rs 1,898 bn mandate QAAUM)
Management forward view
Fundraising for Alternate Assets
Fund raising is underway in ABSL Real Estate Credit Opportunities Fund Series II.
Offshore Fund Raising
Fund Raising is underway for ABSL Flexi Cap Fund (IFSC).
New Fund Launches
Product Pipeline includes ABSL Emerging Market Equity Fund (Retail) and ABSL India Growth Fund (Retail).
Distributor Development
Initiatives like Nipun Learning Academy, Fulcrum, and Yashasvi aim to strengthen MFDs and groom women MFDs.
Thesis monitor
Numbers and claims to verify in the next filings
| Checkpoint | Current evidence | What to verify next |
|---|---|---|
| Overall AUM Growth | 42% YoY (Q1 FY27) | Sustained growth in overall AUM, particularly from alternate assets and passive segments. |
| SIP Contribution & Registrations | Rs 10.85 bn/month (June 2026), 547k new SIPs (Q1 FY27) | Consistent growth in monthly SIP contribution and a reversal of the industry trend in new SIP registrations. |
| Profitability | PAT Rs 3.1 bn (Q1 FY27) | Maintenance of profit margins amidst rising employee benefits expense (up 26% YoY). |
Verification checkpoints are IndiaPulse research interpretation, not investment advice.
Trust Score
82Limited evidence · low confidenceTrust Lite
Trust asks: does management behaviour match later outcomes? Higher is better, but confidence and evidence depth matter as much as the number.
Limited evidence: Claim history is still being built. It ranks around the 94th percentile of the scored universe and 96th percentile within Financial Services. No major sub-score weakness stands out.
This is a financial-behaviour screen, not a claim-tested management reliability verdict.
Computed 20 Oct 2026
management-trust-v1
83 docs text-extracted · 32 concalls text-extracted
Score band
Limited evidence
Financial behaviour is scored, but management claims do not yet have enough outcome checks.
Relative rank
94th percentile
overall median 67 · Financial Services: 96th pctile, median 62 · Large: 86th pctile, median 73
Evidence depth
Financial-only
83 documents have extracted text, but claim history is not strong enough yet.
Claim delivery
Outcome history still building
0 claims extracted · No contradicted claim yet
How to read this Trust Score
Limited evidence · low confidenceWhat it measures
Reliability of management and financial delivery, using financial behaviour only.
Confidence
Treat this as an early read until more concalls and outcomes are matched.
Investor use
Can support position sizing if valuation and trend also agree.
Read Trust alongside U-Score, result consistency, and technical trend. A cheap stock with weak Trust needs a larger margin of safety; a high Trust score does not make an expensive stock attractive by itself.
Forensic breakdown
Read low sub-scores as due-diligence warnings, not automatic sell signals.
Promoter
86
strong · holding, pledge, alignment
Cash flow
77
strong · profit to cash conversion
Balance sheet
96
strong · leverage and solvency
Discipline
80
strong · capital discipline
Results
67
acceptable · quarterly consistency
Trust positives
- ▸Promoter holding is 74.7%.
- ▸Promoter pledge is zero.
- ▸FCF yield is positive at 2.5%.
- ▸9 years of positive FCF.
Trust risks
- ▸ROCE trend is -2.1%.
Trust Lite uses financial behaviour only. Prefer claim-tested Trust when enough concall claims have later outcomes.
Continue researching Aditya Birla Sun Life AMC Limited
Important announcements & filings
Latest exchange and company disclosures found within the past two years.
Open source ↗
Announcement
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 9 Sep - Aditya Birla Sun Life AMC Limited has informed about the Schedule of the Investor Meeting.
Source: Bse
Credit rating
Announcement under Regulation 30 (LODR)-Credit Rating 3 Sep - NSE Sustainability assigned Aditya Birla Sun Life AMC ESG rating 72, category Leader, for FY 2025-26.
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 25 Aug - Aditya Birla Sun Life AMC Limited has informed about the Schedule of the Investor Meeting.
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS 18 Aug - Allotment of 94,752 Equity Shares pursuant to Employee Stock Option Scheme of the Company.
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 6 Aug - Aditya Birla Sun Life AMC to attend Avendus Spark INDX conference in Singapore on August 13-14, 2026.
Source: Bse
Credit rating
Announcement under Regulation 30 (LODR)-Credit Rating 3 Aug - Crisil assigned FY26 ESG rating 67 and Core ESG rating 72.
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS 14 Jul - Allotment of 60,252 Equity Shares pursuant to Employee Stock Option Scheme of the Company.
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 4 Jul - Copy of Notice published in Newspaper - Notice of 32nd Annual General Meeting of the Company and E-voting information.
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS 19 Jun - Allotment of 28,452 Equity Shares pursuant to Employee Stock Option Scheme of the Company.
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 9 Jun - Aditya Birla Sun Life AMC Limited has informed about the Schedule of the Investor Meeting.
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS 20 May - Allotment of 78,697 Equity Shares pursuant to Employee Stock Option Scheme of the Company.
Source: Bse
All information is for study purposes only. For investment decisions, consult your financial advisor. See Playbook for methodology.