StockWatch
·

Aditya Birla Capital Ltd

BSE: 540691

P/L Snapshot

Q1 FY27 · standalone

vs Q4 FY26·vs Q1 FY26
Revenue
5.0K
+9.1%+23.7%
Expenditure
3.8K
+8.0%+22.0%
Net Profit
893.06
+14.9%+32.2%
OPM %
77.12%
+1.05pp+0.21pp

Shareholding

Pattern breakdown

P/L Trends

(in crores)

RevenueExpenditureNet Profit
-650.53913.632.5K4.0K5.6KQ4 FY18Q1 FY19Q2 FY19Q3 FY19Q4 FY19Q4 FY25Q1 FY26Q2 FY26Q4 FY26Q1 FY27
Price Chart
Reports

Aditya Birla Capital Q1: consolidated PAT +40% YoY to ₹1,175 Cr, margins widen

nbfc · financial services · lending growth

ResultsQ1 FY2731 Jul 20263 minFinancial Services

Growth on Track: AUM Momentum & Capital Deployment Before Q1 Print

AUM growth · wealth management · insurance premiums

Result previewQ1 FY2727 Jul 20263 minFinancial Services
Latest
Board Meeting31 Jul, 2:15 pm

Aditya Birla Capital Q1: consolidated PAT +40% YoY to ₹1,175 Cr, margins widen

Aditya Birla Capital delivered a broad-based, clean Q1 FY27. Consolidated profit after tax attributable to owners rose ~40% year-on-year to ₹1,174.7 Cr (company basis; +38% versus our year-ago ₹850.8 Cr) on statutory revenue from operations of ₹12,179.5 Cr, up 28% YoY. There were no exceptional items on either side of the comparison, so the growth is fully underlying. Sequentially, statutory revenue fell 9.5% and PAT was roughly flat on our records — a seasonality artifact rather than weakness: Q4 carries the annual peak in life-insurance policyholders' premium income (₹7,563 Cr in Q4 vs ₹5,704 Cr this quarter), and profitability held despite that mix shift. The company's own headline revenue of ₹14,731 Cr (+29%) is a wider segment measure that equity-accounts AMC, health and wellness. The margin bridge is favourable: consolidated net profit margin expanded to 9.64% from 8.80% a year ago, powered by lending scale and improving insurance economics. The total lending book (NBFC + HFC) grew 32% YoY to ₹2,19,289 Cr, with housing-finance AUM up 50% to cross ₹50,000 Cr and HFC PBT up 95% YoY. Crucially, growth came with better asset quality — NBFC gross stage-3 improved to 1.30% and HFC to 0.41%, and RoA rose at both (NBFC 2.39%, HFC 2.12%). In protection, life-insurance individual first-year premium grew 20% to ₹952 Cr with net VNB margin up 756 bps to 15.1%, and health GWP jumped 50% to ₹2,196 Cr with market share up 200 bps to 16.2%; MF quarterly average AUM rose 6% to ₹4,27,675 Cr, taking group AUM +36% YoY to ₹7,52,745 Cr. Against our pre-result preview, which set a bar of 'steady growth,' the print clears it comfortably: group AUM of ₹7.53 lakh Cr runs ahead of the ₹6.0–6.2 lakh Cr we flagged, and basic EPS of ₹4.46 beats the ~3.52 consensus in that read (no fresh independent Q1 FY27 consensus surfaced in search). Management gives no formal earnings guidance, so there is no outlook to grade the beat against. The watch item we flagged on capital did materialise — the ₹4,000 Cr preferential raise (₹2,880 Cr from promoter Grasim, ₹920 Cr from IFC, ₹200 Cr from Suryaja) closed in the quarter, of which ₹2,993 Cr is already deployed (87.5% earmarked for NBFC growth); the raise lifts paid-up equity to ₹2,734.2 Cr and is the reason EPS growth (+38%) modestly trails PAT growth. Alongside results the board granted ESOPs/PSUs and appointed a new CTO (effective 3 Aug) — governance items, not earnings drivers. Management framed the quarter as 'Strong Earnings Growth across Businesses with Robust Asset Quality,' and the numbers agree line by line: growth was broad, delinquency ratios fell even as the book expanded, and profitability rose despite fresh-equity dilution. The standalone NBFC holdco echoes the story — PAT ₹893.1 Cr, +32% YoY — so consolidated and standalone tell the same, not divergent, story.

31 Jul 2026, 02:15 pm

Corporate Events

Board MeetingABCAPITAL
2026
14Aug

Board Meeting

The 19th Annual General Meeting ('AGM') of Aditya Birla Capi…

BSE Filing
Board MeetingABCAPITAL
2026
31Jul

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The Board of Directors will consider and approve the Unaudit…

BSE Filing
Board MeetingABCAPITAL
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23Jun

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The Stakeholders Relationship Committee of the Company appro…

BSE Filing
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20May

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BSE Filing
Board MeetingABCAPITAL
2024
30Oct

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Consider and approve the Unaudited Standalone and Consolidat…

BSE Filing
Board MeetingABCAPITAL
2024
13May

Board Meeting

Consider and approve the Audited Standalone and Consolidated…

BSE Filing
Board MeetingABCAPITAL
2024
1Feb

Board Meeting

consider and approve the Unaudited Standalone and Consolidat…

BSE Filing
Board MeetingABCAPITAL
2023
3Nov

Board Meeting

Consider and approve the Unaudited Standalone and Consolidat…

BSE Filing