HDFC AMC Q4FY26: Profit Falls To ₹623 Crore Despite Strong Revenue Growth
Add Preferred News Source
HDFC AMC reported 17% revenue growth, though Q4FY26 profit dipped to ₹623 crore. Even then, FY26 turned out to be strong, with 16% profit growth. Shareholders will also receive a dividend of ₹54 per share.
HDFC Asset Management Company (AMC) posted a mixed set of numbers for the quarter ended 31 March 2026. Revenue stayed strong, but profit slipped a little. For Q4FY26, the company posted a profit after tax (PAT) of around ₹623 crore, down about 2.5% year-on-year (YoY) from ₹638 crore in the same period last year. On a sequential basis, profit also fell sharply by about 19% compared to ₹769 crore in Q3FY26.
Even as profit declined, the company rewarded shareholders with a final dividend of ₹54 per share for FY26.
The closing price of HDFC AMC shares on 16 April 2026 on the NSE was ₹2,657.80, down 0.22%.
Key Q4 Numbers At A Glance
Revenue from operations rose about 17% YoY to around ₹1,051 crore, compared to about ₹901 crore last year. But when compared to Q3FY26’s ₹1,075 crore, it dropped 2.2%.
Higher costs and a sharp drop in other income also impacted its profitability.
-
Other income fell significantly to just about ₹11 crore from ₹124 crore last year
-
Total expenses increased to ₹229 crore from ₹190 crore
-
Employee costs also rose to ₹125 crore from ₹97 crore
The core business is growing well, but net earnings have been affected by cost pressures and lower treasury income.
FY26 Performance Highlights
-
PAT reached ₹2,858 crore, up 16% YoY
-
Revenue from operations increased by around 17% and stood at ₹4,122 crore
The data shows that despite volatility in the final quarter, the company delivered steady growth across FY26.
Also Read - Shares to Watch on 17 April 2026: Wipro, HDFC Life Insurance, Axis Bank and More
The Bottom Line
The company also saw improvement in operating performance during the year. Operating profit (before working capital changes) reached ₹3,369 crore as compared to ₹2,824 crore in the same period last year. This is an indication of strong core business momentum, even with pressure from market-linked income.
However, the quarterly performance highlights how asset management companies continue to be sensitive to market movements, especially through other income and treasury gains.
Sources:
Moneycontrol
ET
ETNow
This article is for informational purposes only and should not be considered investment advice from Kotak Neo. For compliance T&C and disclaimers, Visit www.kotakneo.com/disclaimer
Right Tools, Rich Insights
