HDFC Asset Management Company Ltd
HDFCAMCHDFC Asset Management Company Ltd's earnings have outrun its stock. EPS grew +16.0% in a year against a −6.8% price move.
The sharpest disagreement: Domestic institutions moved −2.9 points over 8 quarters while the operating story went the other way — someone close to the numbers is not convinced.
The price is in a confirmed uptrend (10 weeks in) while the P/BV sits at the 38th percentile of its own 4-year range. Underneath, the last four quarters read improving — profit +11.9% year on year, with the the net margin at 76.1%. What settles it: whether the register turns back in the story’s favour.
Price story Before the numbers, the tape. A stock price moves through four repeating seasons: a flat base (stage 1), an advance (2), a top (3), a decline (4). Where the price sits in that cycle frames everything below.
HDFC Asset Management Company Ltd trades at ₹2,616, in a confirmed uptrend and 10 weeks into that stage. That is +0.2% against its own 200-day average. It sits at 49% of a 52-week range of ₹2,314 to ₹2,928. On relative strength it is currently behind the NIFTY 500 on a trailing-13-week view (5 weeks and counting).
Today the stock is in a confirmed uptrend — week 10 of stage 2. At ₹2,616 it trades +0.2% versus its 200-day average and sits at 49% of its 52-week range (₹2,314–₹2,928).
Against the market, two honest reads. Cumulative: over the last 8.0 years the stock moved +199% while the NIFTY 500 moved +141% — ahead of the index over the full window. Recent form: on a trailing-13-week view the stock is currently behind (5 weeks and counting; last ahead the week of 2026-07-01) — the ribbon below is that same metric, week by week.
What would end the trend, mechanically: two Friday closes in a row below the 200-day line. That is the exit rule — no debates.
Valuation For a bank we price the book, not the earnings: P/BV is what the market pays for each ₹1 of the bank's net worth. A bank below 1× book is priced below the value of what it owns, net of what it owes.
HDFC Asset Management Company Ltd trades at 12.2× P/BV, mid-range by its own standards (38th percentile). Its long-run median P/BV is 12.8×, measured across 3.8 years of weekly readings. This places the multiple against the stock’s own record, and says nothing about what the business is worth.
Today's P/BV of 12.2× is mid-range by its own standards (38th percentile), against a long-run median of 12.8× measured over 3.8 years of weekly readings. This is a comparison against the stock's own history — not a claim about what it is worth.
Why the multiple sits where it does: over the past year book value grew while the price moved −6.8% — price and book moved together, holding the multiple in its range.
The price move, decomposed: over 3y, of the +27.3%/yr price move, ~+14.9%/yr came from book-value growth and ~+12.4 pp from the multiple (expanding). The split is the honest approximate (price return minus book-value growth); it makes the rally itself visible instead of hiding it behind the percentile.
Put together: the multiple is unremarkable against its own past, so the story rests on the book-value line underneath it, not the multiple.
The PEG ratio and its quarterly curve, which only the second data source carries, are not drawn on this page: its two data sources disagree by up to 27% on reported income across 15 comparable periods. A figure two sources cannot agree on is not drawn — the gap is a decision, not missing data.
Stage: Mixed Every business sits somewhere on a fundamental arc, and this page names the spot before anything else. The last twelve quarters of revenue, profit and EPS growth — plus the return the business earns on its capital — are read as curves: Deteriorating (the curves are falling), Turning around (a trough has just formed and the last few quarters lift off it), Improving (the climb off the trough is sustained), Consistent (steadily positive with healthy returns), Topping out (still high but decelerating from the peak). When the curves genuinely disagree the read is Mixed; too little history is No read. CAGR (compound annual growth rate) is the smooth yearly pace that turns the starting value into the latest one — the fairest way to compare growth across different time spans. Read the columns together: if the 1-year number towers over the 10-year, recent growth is running hotter than the long-run trend. A dash means that window is not held, or the base year was a loss (where a growth rate is not meaningful).
HDFC Asset Management Company Ltd reads as mixed on its fundamental arc. Mixed — no clean majority across the growth curves — the per-curve reads carry the story. The read is built from 8 quarters across 3 curves, on partial evidence.
Why it matters: when the curves disagree, the per-curve reads above matter more than any single verdict.
A partial read: at least one curve is short, or the returns curve is not the computed quarterly series — hold the stage word a little more loosely.
| 1yr | 3yr | 5yr | 10yr | |
|---|---|---|---|---|
| Revenue | +13.9% | +23.0% | — | — |
| Profit | +16.2% | +26.2% | — | — |
| EPS | +16.0% | +26.0% | — | — |
| Share price | −6.8% | +27.3% | +12.9% | — |
4-Factor Sector Score
42.5/100 — rank 4 of 7 in Finance - AMC · 61% evidence confidence
HDFC Asset Management Company Ltd scores 42.5 out of 100 against the 7 companies it is compared with in Finance - AMC, ranking 4. Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
The four contributions add to the total exactly: 20.7 + 15.4 + 4.4 + 2 = 42.5. This is the SAME number shown on the sector comparison — it is computed once, for the whole peer set, and read here.
What would change it: The read weakens if ROA rolls over or gross NPA rises while sector-relative strength deteriorates.
Revenue For a bank, revenue is everything the franchise earns — interest on the loan book plus fee and other income.
HDFC Asset Management Company Ltd reported ₹1,100 Cr of income in the Jun 26 quarter, +13.6% year on year. That is the 11th straight quarter of year-on-year growth. Over 3 years it has compounded at 23.0% a year. The last full year, FY26, came in at ₹4,616 Cr. The last four reported quarters add to ₹4,254 Cr.
FY26 revenue came in at ₹4,616 Cr (+13.9% on the year), capping 3 years at 23.0% compound. The latest quarter (Jun 26) printed ₹1,100 Cr, +13.6% year on year — the 11th consecutive quarter of year-over-year growth.
Pace check: the last four quarters averaged +15.3% growth against the decade's 23.0% — the current year is running slower than its own long-run rate.
Acceleration check: trailing-twelve-month revenue grew +15.3% over the last 4 quarters against +23.6%/yr over the last 8 — rolling over; TTM profit +13.2% vs +19.3%/yr — rolling over.
Net margin Net margin — what the bank keeps of every ₹100 of revenue after every cost, provision and tax. It is the cleanest single margin we can read for a lender.
HDFC Asset Management Company Ltd's net margin is 76.1% in the Jun 26 quarter, −1.2 percentage points against the same quarter a year ago. Across 4 fiscal years the net margin has ranged 57.4% to 61.9%. The current quarter is running above every full year in that window.
The latest quarter's net margin is 76.1%, −1.2 pp against the same quarter a year ago. Across 4 fiscal years the net margin has ranged 57.4%–61.9%.
Why: the numbers show the net margin move clearly, but the cost lines behind it sit below what we hold — so we state the move without inventing its driver.
Net profit Net profit is what survives every cost, interest and tax — the number EPS, dividends and book value all grow from.
HDFC Asset Management Company Ltd earned ₹837 Cr of net profit in the Jun 26 quarter, +11.9% year on year. Full-year FY26 profit was ₹2,858 Cr. The 3-year compound rate is 26.2%. That is 76.1% of the quarter's revenue. The same quarter a year earlier earned ₹748 Cr.
Jun 26 profit was ₹837 Cr, +11.9% year on year. On the full year, FY26 printed ₹2,858 Cr (+16.2%), and the 3-year compound rate is 26.2%.
Why profit moved: revenue contributed +13.6% and the margin −1.2 pp — the quarter was revenue-led, with the margin roughly flat.
Pace comparison, last four quarters: profit +13.5% vs revenue +15.3%. Profit and revenue are moving roughly in step.
Asset quality — the ladder Gross NPA is the slice of the loan book where repayments have stopped. Net NPA is what remains after the money already set aside against those loans. Falling is healing; rising is damage arriving.
Loan-book quality history is not available for HDFC Asset Management Company Ltd, so this section names the gap rather than estimating a ratio. No gross or net non-performing-asset series is filed in a form this page can read, and none is inferred from the profit line. The income, margin and return sections above carry the evidence this business does report.
We do not hold quarterly loan-book quality numbers for this bank, so this section states that plainly rather than working around it.
Why: loan-book quality is the engine room of a bank, and its drivers — slippages, recoveries, provisioning — sit below what we hold for this name; the sections around it carry the reads we can stand behind.
The loan book We read the loan book through revenue — when the book grows, revenue grows with it. It is a rough proxy, and we say so: rate moves and fee swings can shift it a few points in any one year.
HDFC Asset Management Company Ltd's revenue grew +13.9% in FY26 to ₹4,616 Cr, so the book is growing. The latest quarter ran +13.6% year on year. The net margin on that income is 76.1%, −1.2 percentage points against a year ago.
FY26 revenue was ₹4,616 Cr, +13.9% on the year, and the latest quarter ran +13.6% year on year. The net margin on that revenue is 76.1% this quarter (−1.2 pp YoY) — growth with a narrowing margin on it.
The synthesis: a lender compounds when the book grows while the margin holds and the loan book stays clean — gross NPA is the loan-quality read we carry here.
Returns on equity and assets Two numbers usually rate a lender: ROE — what it earns on shareholder money — and ROA — what it earns on everything it deploys.
A clean annual return-on-equity ladder is not held for HDFC Asset Management Company Ltd. For an insurer especially the standard bank ratios are not the right lens, so this page does not force them onto the filings rather than estimating a series it cannot support.
We do not hold a clean annual return-on-equity series for HDFC Asset Management Company Ltd — for an insurer especially, the standard bank ratios are not the right lens, so this page does not force them. The revenue, margin and ownership sections above and below are the reads we stand behind.
The quarterly return-on-equity and return-on-assets curves, which only the second data source carries, are not drawn on this page: its two data sources disagree by up to 27% on reported income across 15 comparable periods. A figure two sources cannot agree on is not drawn — the gap is a decision, not missing data.
Debt
For a bank, borrowings are raw material, not a warning sign — solvency is read through the returns and the loan book. A manufacturer’s debt is a claim against its profits, so the debt-to-equity lens that works everywhere else misleads on a lender and is not applied here.
A manufacturer’s debt is a claim against its profits; a bank’s borrowings are its inventory — money taken in to be lent out. The debt lens that works everywhere else misleads here, so this page does not apply it. The solvency questions for a bank — is the loan book sound, is the equity earning — are read through the loan-book and returns sections above.
Ownership Who owns the stock, quarter by quarter: promoters (the controlling owners), foreign and domestic institutions, and the public. Steady accumulation by people close to the numbers is a signal; a quiet register is also an answer.
Foreign institutions added 3.5 points of HDFC Asset Management Company Ltd over 8 quarters, the biggest move on the register. That takes foreign institutions to 24.1% of the company. Domestic institutions moved −2.9 points over the same window, to 14.8%. The register is read on the four disclosed classes only; nothing is inferred between filings.
The register over the last two years — Foreign institutions: +3.5 points over 8 quarters to 24.1%; Domestic institutions: −2.9 points over 8 quarters to 14.8%; Promoters: −0.2 points over 8 quarters to 52.3%.
Why the register moved: rotation — foreign institutions +3.5 points against domestic institutions −2.9 points over 8 quarters, with promoters holding steady — one class of institutions handing the register to the other, not a verdict change by the people closest to the numbers.
Safety line The Z-score estimates how far a company sits from balance-sheet distress — above roughly 3 is safe, below roughly 1.8 is the danger zone. It was built for manufacturers, so it is not applied to banks and lenders.
HDFC Asset Management Company Ltd: the Z-score is omitted — it was built for manufacturers, not banks, and applying it here would be theatre. The Z-score was built for manufacturers and is not applied to banks and lenders, so solvency here is read from the capital and asset-quality lines instead.
The safety line in one sentence: the Z-score is omitted — it was built for manufacturers, not banks, and applying it here would be theatre.
| Company | Score | Price stage | Growth & earnings/35 | Capital efficiency/25 | Valuation/20 | Relative strength/20 |
|---|---|---|---|---|---|---|
| 1Nippon Life India Asset Management LtdNAM-INDIA | 61.1/100Mixed-positive evidence67% evidence | LEADER | 24.6/35 Income 23% · PAT 21.3% 52% evidence | 16.3/25 ROA — · ROE 34.5% · GNPA — 34% evidence | 0.2/20 P/BV 15.9× · P/BV÷ROE 0.46 100% evidence | 20.0/20 RS sector 15.7% · RS bench 21.3% · 1Y 43.4%12 of 12 weeks ahead 100% evidence |
| Exact sum: 24.6 + 16.3 + 0.2 + 20 = 61.1 · Decision use: Confirmed research leader: earnings, capital efficiency and relative strength agree. Move to management, catalyst and risk diligence. | ||||||
| 2Canara Robeco Asset Management Company LtdCRAMC | 52.1/100Mixed-positive evidence62% evidence | TURNING | 11.9/35 Income 13% · PAT 9% 86% evidence | 19.1/25 ROA 24.9% · ROE 30.3% · GNPA — 72% evidence | 11.1/20 P/BV 6.98× · P/BV÷ROE 0.23 70% evidence | 10.0/20 RS sector — · RS bench — · 1Y —0 of 10 weeks ahead 0% evidence |
| Exact sum: 11.9 + 19.1 + 11.1 + 10 = 52.1 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 3Aditya Birla Sun Life AMC LtdABSLAMC | 43.7/100Mixed-negative evidence67% evidence | FADING | 12.4/35 Income 6.6% · PAT 3.7% 52% evidence | 13.7/25 ROA — · ROE 25.2% · GNPA — 34% evidence | 3.9/20 P/BV 7.23× · P/BV÷ROE 0.29 100% evidence | 13.7/20 RS sector 4.6% · RS bench 9.5% · 1Y 18.7%10 of 12 weeks ahead 100% evidence |
| Exact sum: 12.4 + 13.7 + 3.9 + 13.7 = 43.7 · Decision use: Price leads the evidence: RS versus the benchmark is 9.5%, but earnings trajectory is weak. Wait for revenue and profit confirmation. | ||||||
| 4HDFC Asset Management Company Ltdthis pageHDFCAMC | 42.5/100Mixed-negative evidence61% evidence | ASLEEP | 20.7/35 Income 15.3% · PAT 13.2% 52% evidence | 15.4/25 ROA — · ROE 32.9% · GNPA — 34% evidence | 4.4/20 P/BV 12.17× · P/BV÷ROE 0.37 70% evidence | 2.0/20 RS sector -8.5% · RS bench -3.6% · 1Y -5.8%1 of 12 weeks ahead 100% evidence |
| Exact sum: 20.7 + 15.4 + 4.4 + 2 = 42.5 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 5UTI Asset Management Company LtdUTIAMC | 32.5/100Adverse evidence61% evidence | ASLEEP | 8.7/35 Income 1.6% · PAT -35.3% 52% evidence | 9.6/25 ROA — · ROE 10.3% · GNPA — 34% evidence | 11.2/20 P/BV 2.58× · P/BV÷ROE 0.25 100% evidence | 3.0/20 RS sector -19% · RS bench -18.6% · 1Y -33.4%0 of 10 weeks ahead 70% evidence |
| Exact sum: 8.7 + 9.6 + 11.2 + 3 = 32.5 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 6Tata Capital LtdTATACAP | 52.0/100Thin evidence · provisional44% evidence | TURNING | 21.7/35 Income 11.1% · PAT 29.7% 62% evidence | 11.7/25 ROA — · ROE 12.4% · GNPA — 34% evidence | 8.6/20 P/BV 3.38× · P/BV÷ROE 0.27 70% evidence | 10.0/20 RS sector — · RS bench — · 1Y —2 of 10 weeks ahead 0% evidence |
| Exact sum: 21.7 + 11.7 + 8.6 + 10 = 52 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral. | ||||||
| 7ICICI Prudential Asset Management Co LtdICICIAMC | 50.3/100Thin evidence · provisional1% evidence | ASLEEP | 17.5/35 Income — · PAT — 0% evidence | 12.8/25 ROA — · ROE — · GNPA — 6% evidence | 10.0/20 P/BV — · P/BV÷ROE — 0% evidence | 10.0/20 RS sector — · RS bench — · 1Y —5 of 12 weeks ahead 0% evidence |
| Exact sum: 17.5 + 12.8 + 10 + 10 = 50.3 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral. | ||||||
Missing observations are not scored as bad. Their missing weight lowers confidence and pulls the final score toward neutral. Financial companies use P/BV÷ROE and asset quality; PEG, industrial OPM and ROCE are excluded. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step curve the sector itself is placed on — basing, turning, breaking out, leader, fading, asleep — read from how many weeks running it has led NIFTY 500 and whether that lead is widening or shrinking. It describes where the PRICE stands, not the earnings trajectory and not a recommendation, and it is left blank for a company whose weekly history is too short or too stale to read.
Frequently asked questions
What is HDFC Asset Management Company Ltd's share price today?
HDFC Asset Management Company Ltd trades at ₹2,616, −6.8% over the past year. The company is valued at ₹1,12,162 Cr. The stock sits at 49% of its 52-week range of ₹2,314–₹2,928, +0.2% versus its 200-day average. On the tape, the price is in a confirmed uptrend, 10 weeks in. — as of 31 July 2026.
What were HDFC Asset Management Company Ltd's latest quarterly results?
HDFC Asset Management Company Ltd reported total income of ₹1,100 Cr and net profit of ₹837 Cr for the Jun 26 quarter. Income rose 13.6% and profit rose 11.9% year on year. Earnings per share were ₹19.53. The net margin was 76.1%, 1.2 pp lower than a year earlier. — as of 31 July 2026.
What is HDFC Asset Management Company Ltd's revenue?
HDFC Asset Management Company Ltd reported revenue of ₹1,100 Cr in the Jun 26 quarter, +13.6% year on year. For the full FY26 fiscal year, revenue was ₹4,616 Cr (+13.9%). Over the last 3 years revenue compounded at 23.0% a year. — as of 31 July 2026.
What is HDFC Asset Management Company Ltd's profit?
HDFC Asset Management Company Ltd earned ₹837 Cr of net profit in the Jun 26 quarter, +11.9% year on year. Full-year FY26 profit was ₹2,858 Cr. The net margin ran 76.1% in the latest quarter. — as of 31 July 2026.
What is HDFC Asset Management Company Ltd's market cap?
HDFC Asset Management Company Ltd's market capitalisation is ₹1,12,162 Cr at a share price of ₹2,616. Market cap is the share price multiplied by shares outstanding, so it is restated whenever the price moves. — as of 31 July 2026.
What is HDFC Asset Management Company Ltd's P/BV ratio?
HDFC Asset Management Company Ltd trades at a P/BV of 12.2×, at the 38th percentile of its own 4-year range, against a long-run median of 12.8×. This is a comparison with the stock's own history, not a value call — as of 31 July 2026.
Does HDFC Asset Management Company Ltd pay a dividend?
Yes — HDFC Asset Management Company Ltd's dividend payout was 81% of profit in FY26, and it recorded a payout in each of its last 4 reported fiscal years. This page holds the payout ratio, not a per-share amount. — as of 31 July 2026.
Is HDFC Asset Management Company Ltd overvalued?
On its own history, HDFC Asset Management Company Ltd looks mid-range against its own history: its P/BV of 12.2× sits at the 38th percentile of its 4-year range (long-run median 12.8×). That is a percentile read against the stock's own past, not a price opinion or a direction call. — as of 31 July 2026.
Is HDFC Asset Management Company Ltd growing?
Yes — HDFC Asset Management Company Ltd is growing: latest-quarter revenue +13.6% year on year, profit +11.9%, and the the net margin −1.2 pp at 76.1%. The 3-year compound rates are 23.0% (revenue) and 26.2% (profit). The earnings engine currently reads: improving — as of 31 July 2026.
How is HDFC Asset Management Company Ltd performing?
HDFC Asset Management Company Ltd is in a confirmed uptrend, 10 weeks in. Its latest quarter's income rose 13.6% and profit rose 11.9% year on year. Against the NIFTY 500 it has been behind on a trailing-13-week view for 5 weeks. This describes what the data did, not a rating. — as of 31 July 2026.
What stage is HDFC Asset Management Company Ltd in?
Mixed — no clean majority across the growth curves — the per-curve reads carry the story. The read comes from the last 12 quarters of growth (revenue growth +15.3% latest, profit growth +13.2% latest, eps growth +13.0% latest) plus the ROE curve, classified by deterministic rules — a trajectory read, not a buy or sell call — as of 31 July 2026.
Is HDFC Asset Management Company Ltd in an uptrend?
Yes — the price is in a confirmed uptrend (week 10 of stage 2), trading +0.2% versus its 200-day average and at 49% of its 52-week range. Price stages cycle base → advance → top → decline, and the stage names where this stock sits in that cycle — as of 31 July 2026.
Is HDFC Asset Management Company Ltd beating the market?
Not lately — on a trailing-13-week view HDFC Asset Management Company Ltd is currently behind the NIFTY 500 (5 weeks and counting; last ahead the week of 2026-07-01), the same metric the week-by-week ribbon on this page draws. Separately, on the cumulative view: over the last 8.0 years the stock moved +199% against the NIFTY 500's +141% — ahead of the index over the full window. — as of 31 July 2026.
Will HDFC Asset Management Company Ltd's share price go up?
This page publishes no price forecast for HDFC Asset Management Company Ltd. What it measures instead: the share price is ₹2,616, the price is in a confirmed uptrend 10 weeks in. Its P/BV of 12.2× sits at the 38th percentile of its own 4-year range. — as of 31 July 2026.
Who owns HDFC Asset Management Company Ltd?
Promoters hold 52.3% of HDFC Asset Management Company Ltd, foreign institutions 24.1%, domestic institutions 14.8% and the public 8.8% (latest quarter). The biggest move on the register over the last two years: Foreign institutions added 3.5 points over 8 quarters. — as of 31 July 2026.
Is HDFC Asset Management Company Ltd's loan book healthy?
We do not hold quarterly loan-book quality numbers for HDFC Asset Management Company Ltd, so this page says that plainly. The cleanest available reads are revenue growth (+13.9% in FY26) and the net margin on it (76.1%) — as of 31 July 2026.
Where is HDFC Asset Management Company Ltd in its business cycle?
HDFC Asset Management Company Ltd's FY26 net margin was 61.9%, against a 4-year band of 57.4%–61.9%: mid-band by its own history — neither the peak that precedes mean-reversion nor the trough that precedes recovery. The latest quarter ran 76.1%. Profitability versus a company's own long band is the cleanest cycle clock this page holds — as of 31 July 2026.
What could break the HDFC Asset Management Company Ltd story?
The sharpest disagreement: Domestic institutions moved −2.9 points over 8 quarters while the operating story went the other way — someone close to the numbers is not convinced. Mechanically, two Friday closes in a row below the 200-day average would end the price trend — that is the exit rule this page tracks — as of 31 July 2026.
Is HDFC Asset Management Company Ltd a stock worth studying right now?
This is not investment advice. The machine read: HDFC Asset Management Company Ltd's earnings have outrun its stock. EPS grew +16.0% in a year against a −6.8% price move. The sharpest open question: whether the register turns back in the story’s favour. Every number on this page is drawn deterministically from the raw series, with no forecasts and no price opinions — as of 31 July 2026.