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As of 6 Nov 2026, HDFC Asset Management Company trades at 38.3× trailing earnings, above the industry P/E of 25.9×. It earns ROCE of 38% and ROE of 36%, and sales and net profit grew 24% and 26% a year over 3 years. Its dividend yield is 2.0%. It is a large-cap company with a market cap of ₹1.1 lakh crore, ranked 4th of 69 Asset Management companies by market cap; the shares fell 2.3% over the past year.

As of 6 Nov 2026Prices are delayed about 15 minutes; fundamentals are from the quarter ended Sep 2026.How we calculate this

past year
Open
₹2,619.00
Day high
₹2,649.80
Day low
₹2,568.20
Prev. close
₹2,640.00
Volume
5.5 L

Health check

1 good · 3 fair · 2 to check
  • ReturnsIn line

    −2.3% over a year, better than 3 of 7 peers.

  • Price tagPricier

    P/E 38.3 vs industry 25.9.

  • GrowthSlow

    Sales +23.9%, profit +26.2% a year over 3 years.

  • ProfitabilityAverage

    ROCE 38.5% vs peer median 40.0%.

  • Balance sheetFair

    Piotroski 6 of 9.

  • Red flagsNone found

    No warning signs in the headline numbers.

Compared with 7 industry peers. Computed from reported figures. Educational, not a recommendation.

Asset Management

68 listed peers. Screen the industry

Large cap

₹1.1L Cr, #4 of 69 in its industry by size.

Defensive

Beta 0.52 vs the NIFTY 50: moves less than the market.

Key metrics

Last 12 months to Sep 2026: sales ₹4,901 Cr · profit ₹2,978 Cr
Market cap
₹1.1L Cr
Large cap
P/E
38.3
Industry 25.9
Price to book
13.19
Peers 13.47
Dividend yield
2.04%
ROE
36.4%
Peers 35.3%
ROCE
38.5%
Peers 40.0%
Debt to equity
n/a
Debt ₹0.00 Cr
EPS (TTM)
₹69.24
Face value ₹5
OPM (TTM)
81.4%
Net margin 60.8%
Sales growth
+10.5%
Latest quarter vs a year ago
Profit growth
+4.2%
Latest quarter vs a year ago
Price to sales
23.20
EV/EBITDA 28.7

Strengths and risks

Strengths

  • Return on equity of 36.4%.
  • Return on capital employed of 38.5%.
  • Dividend yield of 2.04%.
  • Net margin of 60.8%.
  • Positive operating cash flow in each of the last 4 years.

No obvious red flags in the headline numbers.

Derived automatically from reported figures. Not a recommendation.

About HDFC Asset Management 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…

Headquarters
Mumbai
Employees
1,713
Sector
Financial Services
ISIN
INE127D01025
Website
hdfcfund.com

Price range

52 weeks

₹2,205.60₹2,901.50

Today

₹2,568.20₹2,649.80
Avg volume (3M)
8.4 L
1-year return
minus 2.3%
From 52-week high
minus 8.7%

Analyst consensus

27 analysts
Strong buyMean target ₹2,954.59 plus 11.5%

Target range, with today’s price

Low ₹2,530.00High ₹3,245.00

Next results expected around 14 Jan 2027

Consensus from Yahoo Finance. Not a recommendation.

Peers · Asset Management

Compare with peersScreen the whole industry
Company
JIOFINJio Financial Services231.20plus 0.69%1,58,44587.91.191.7%1.3%75.8%431.5%268.2%0.26%minus 23.9%
ICICIAMCICICI Prudential Asset Management Company2,935.80minus 1.45%1,45,10441.127.1698.3%76.2%74.1%28.9%29.6%1.44%plus 13.5%
BAJAJHLDNGBajaj Holdings & Investment11,044.00plus 1.80%1,22,91313.21.67–11.6%78.8%19.0%25.7%1.18%minus 10.3%
HDFCAMCHDFC Asset Management Company2,649.80plus 0.37%1,13,70138.313.1938.5%36.4%81.4%23.9%26.2%2.04%minus 2.3%
SBIFUNDSSBI Funds Management499.55minus 1.30%1,01,75033.313.47–40.4%78.5%––0.00%minus 18.1%
NAM-INDIANippon Life India Asset Management1,065.20minus 0.37%68,17742.814.2940.0%35.3%67.3%26.1%28.3%2.07%plus 21.3%
360ONE360 ONE WAM1,145.00plus 0.36%49,10738.74.5013.5%12.7%47.3%24.0%22.7%1.18%plus 5.7%
ANANDRATHIAnand Rathi Wealth2,373.50plus 0.15%39,41087.530.5850.0%43.0%35.5%27.9%33.0%0.32%plus 51.9%
Median of 7 peers–0.15%1,01,75041.113.4740.0%35.3%74.1%27.0%29.0%1.18%5.7%

Quarterly results

Consolidated, ₹ crore
SalesSelect a row below to chart it
₹ CrJun 25Sep 25Dec 25Mar 26Jun 26Sep 26
968–1,0751,0521,1001,170
195–199128249240
773–876923850930
79.8%–81.5%87.8%77.3%79.5%
233–159−66.726371.3
3.1–3.43.73.73.7
17.3–18.419.420.520.7
986–1,0148341,089977
24.2%–24.1%25.3%23.1%23.3%
748–769623837749
–33.4217.8914.4819.4617.40

Profit & loss

Yearly, ₹ crore
Sales CAGR 3Y
+23.9%
Profit CAGR 3Y
+26.2%
EPS CAGR 3Y
+25.9%
ROE
36.4%
Net profitSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
2,1672,5843,4984,122
–+19.3%+35.4%+17.8%
550627707827
1,6171,9572,7923,296
74.6%75.7%79.8%79.9%
34.731.830.446.5
9.79.19.413.3
53.352.358.572.9
281547531453
1,8702,4753,2863,709
23.9%21.5%25.1%22.9%
1,4231,9432,4602,858
–+36.5%+26.6%+16.2%
33.3545.4557.3866.50

Forecast

Your assumptions, not a prediction

Balance sheet

At each financial year end, ₹ crore
Total assetsSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
107107107214
6,0016,9688,0239,015
130–––
298479621763
6,5367,5548,7519,991
138138183261
4,9835,5546,2406,921
1,1311,6622,0952,541
284200233268
6,5367,5548,7519,991

Cash flow

Yearly, ₹ crore
Cash from operationsSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
1,1491,6152,0752,528
−217−542−598−643
−930−1,066−1,475−1,886
2.66.31.7−1.1
−14.1−19−44.8−22.6
1,1351,5962,0302,505
−896−1,025−1,495−1,925

Shareholding pattern

Source: NSE filings
52.3%
promoters
  • Promoters52.29%
  • Public47.71%
  • As of 30 Sep 2026
QuarterSplitPromotersPublicPromoter change
30 Sep 202652.29%47.71%minus 0.05
30 Jun 202652.34%47.66%minus 0.03
31 Mar 202652.37%47.63%minus 0.01
31 Dec 202552.38%47.62%0.00
27 Nov 202552.38%47.62%–

Major shareholders

NSE filing

Filings & events

News

No recent news coverage found.

My notes

Private to you