HDFC AMC Q4 PAT slumps 2% YoY to Rs 623 cr

Profit before tax (PBT) slipped 0.17% to Rs 833.94 crore in Q4 FY26 compared with Rs 835.34 crore in Q4 FY25.

Total expenses jumped 20.07% to Rs 227.73 crore in Q4 FY26, compared with Rs 189.66 crore in Q4 FY25. During the quarter, fees & commission expenses stood at Rs 1.83 crore (up 81.19% YoY), employee benefit expenses stood at Rs 12.51 crore (up 29.24% YoY).

The operating profit for the quarter ended 31 March 2026 was Rs 822.7 crore as compared to Rs 711.5 crore for the quarter ended 31 March 2025.

The AMC reported a quarterly average assets under management (QAAUM) of Rs 9,27,500 crore for the quarter ended 31 March 2026, compared with Rs 7,74,000 crore in the corresponding quarter last year, 11.4% market share in QAAUM of the mutual fund industry.

QAAUM in actively managed equity-oriented funds (excluding index funds) stood at Rs 5,65,700 crore for the quarter, with a market share of 13.0%.

As of 31 March 2026, individual investors accounted for 68% of the company?s total monthly average AUM, higher than the industry average of 60%.

During March 2026, the company processed 16.5 million systematic transactions, aggregating to Rs 48,800 crore.

On an annual basis, the company?s standalone net profit climbed 16.18% YoY to Rs 2,859.36 crore in FY26. Revenue from operations increased 17.74% to Rs 4,118.53 crore in FY26, compared with Rs 3,498.03 crore in FY25.

Meanwhile, the company?s board recommended a final dividend of Rs 54 per equity share of face value Rs 5 each for FY26.

HDFC Asset Management Company (HDFC AMC) is the investment manager of HDFC Mutual Fund, one of the largest mutual funds in the country. The AMC has a diversified asset class mix across equity and fixed income/others. It also has a countrywide network of branches along with a diversified distribution network comprising banks, independent financial advisors, and national distributors.

The counter shed 0.31% to Rs 2,655.85 on the BSE.