loader2
Partner With Us NRI

HDFC Asset Management Company Ltd share Price Today

Company details

3,744.15
3,809.75
1,666.55
4,066.50
6M Return 40.60%
1Y Return 123.38%
Mkt Cap.(Cr) 80,144.03
Volume 331,246
Div Yield 1.28%
OI
-
OI Chg %
-
Volume 331,246

Open Free Trading Account Online with ICICIDIRECT

Incur '0' Brokerage upto ₹500
Steady performance; regulatory overhang weighs…
About The Stock

    HDFC AMC is among the largest and profitable mutual funds with an QAAUM of ~₹ 4.3 lakh crore as on March 2022.

    • Market share as on Q4FY22 was at 10.8%
    • Strong distribution network with 228 branches and over 75,000 empanelled distribution partners
Q4FY22

    HDFC AMC reported a soft quarter on an overall basis.

    • Closing AUM up 3.1% YoY to ₹ 4.1 lakh crore; equity AUM up 1.4% QoQ
    • Revenue from operation up 2.7% YoY but down 6.1% QoQ to ₹ 516 crore
    • Overall yields remain broadly steady at 51 bps QoQ
    • PAT came in at ₹ 343 crore, below estimate, on soft topline performance

Click here for full recommendation

Research view on more stocks

HDFC Asset Management Company announced Q3FY24 results:

Financial Overview

  • Revenue from Operations: For the quarter ended December 31, 2023, revenue from operations stood at Rs 6,713 million, a 20% increase from the quarter ended December 31, 2022.
  • Operating Profit: The operating profit for the quarter reached Rs 4,961 million, marking a 25% jump compared to the same quarter in the previous year.
  • Profit Before Tax (PBT): PBT rose to Rs 6,385 million for the quarter ending December 31, 2023, compared to Rs 5,008 million for the corresponding quarter in 2022.
  • Profit After Tax (PAT): PAT for the quarter was Rs 4,896 million, a 33% increase over the profit generated in the quarter ended December 31, 2022.

Asset Management

  • Total AUM (Assets Under Management): By the end of December 31, 2023, the total AUM was Rs 5.75 trillion.
  • Equity-Oriented AUM: The actively managed equity-oriented AUM recorded was Rs 3,166 billion, capturing a market share of 12.6% for the quarter.
  • Market Share: The overall market share in QAAUM for the mutual fund industry stood at 11.2%.
  • Individual Investor AUM: A significant portion, 70.0% of the company's total monthly average AUM for November 2023, came from individual investors.

Operations and Growth

  • Systematic Transactions: Over 6.81 million systematic transactions valued at Rs 26.3 billion were processed in December 2023.
  • Distribution Network: They have 80,000 empaneled distribution partners, with 253 branches, including 24 new ones inaugurated on January 2, 2024.
  • Live Accounts: The total number of live accounts stood at 14.9 million as of December 31, 2023.
  • Branch Expansion: On January 2, 2024, the company inaugurated 24 new branches aiming to enhance wealth creation for every Indian.

Technology and Digital Engagement

  • Digital Transactions: Notably, electronic transactions accounted for 91% of all transactions for Q3FY24, showcasing significant digital adoption.

Result PDF

View Other Company Results

HDFC Asset Management Company Ltd shares SWOT Analysis

Strengths (8)

  • Strong Momentum: Price above short, medium and long term moving averages
  • Company with high TTM EPS Growth
  • Companies with rising net profit margins - quarterly as well as TTM basis

Weakness (0)

Data not found

Opportunity (1)

  • Highest Recovery from 52 Week Low

Threats (1)

  • High PE (PE > 40)

Resistance and support

R1 3,794.5
R2 3,834.9
R3 3,860.1
Pivot

3,769.33

S1 3,728.9
S2 3,703.7
S3 3,663.3
EMA SMA
3,741.8
3,640.9
3,407.1
3,046.5
3,747.8
3,679.6
3,368.1
2,929.6
Delivery and volume
CLIENT NAME DEAL TYPE ACTION DATE AVG. PRICE QUANTITY EXCHANGE
BNP PARIBAS ARBITRAGE Bulk Purchase 2023-08-31 2488.9 2220 NSE
BNP PARIBAS ARBITRAGE Bulk Sell 2023-08-31 2515.4 3278576 NSE
SMALLCAP WORLD FUND INC Bulk Purchase 2023-06-20 1873 3724324 BSE
Name Category Shares
HDFC BANK LIMITED PROMOTER 52.55%

OUR RESEARCH VIEW

Trading recommendation

Call Date
26 Oct 2021
Entry Price 2,768.00
Target Price 3,000.00
Duration
Stop Loss -
Investment recommendation
Steady performance; regulatory overhang weighs…
Call Date
26 Apr 2023
Entry Price 1,765.00
Target Price 2,050.00
Duration
12-18 Month

FINANCIALS

Sales
Operating Profit
Profit after Tax
Equity
Reserves and Surplus
Debt
Sales
Operating Profit
Profit after Tax
PE
Debt/Equity
P BV

HDFC Asset Management Company Ltd Stocks COMPARISON

Financials( in Cr) HDFC Asset Management Company Ltd Bajaj Finance Ltd Bajaj Finserv Ltd Jio Financial Services Ltd Indian Railway Finance Corporation Ltd
Price 3,754.10 7,245.25 1,643.85 353.75 142.35
% Change -1.09 3.17 3.87 0.87 -0.35
Mcap Cr 80,144.03 447,773.11 262,274.46 224,747.42 186,030.18
Revenue TTM Cr 2,478.33 41,398.35 82,071.70 44.84 23,891.95
Net Profit TTM Cr 1,423.37 11,507.69 12,209.54 31.25 6,337.01
PE TTM 45.06 32.51 33.63 0.00 30.82
1 Year Return 123.38 29.54 32.66 42.13 449.61
ROCE 30.78 11.76 12.69 0.03 5.32
ROE 23.30 23.46 28.18 0.02 14.66
INSIDER & INSTITUIONAL ACTIVITY

Equity Capital: 6,107.82 Cr FV: 5.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 29,068.81 33,709.58
LAST 3M 68,518.10 30,558.15
LAST 6M 130,081.93 64,349.19
LAST 12M 189,941.35 208,211.24

HDFC Asset Management Company Ltd Information

Stock PE (TTM)
45.06
Promoter Holding
52.55%
Book Value
282.1346
ROCE
30.78%
ROE
23.3%
Description
  • HDFC Asset Management Company Ltd is in the Finance sector with the Market Capitalization of worth Rs. 63,448.45 crores, it is incorporated in the year 1999. It has consolidated sales of Rs. 507.08 crores in June 2021. The company is also listed in the Bombay Stock Exchange (BSE) with the code 541729 and also listed in the National Stock Exchange (NSE) with the code HDFCAMC.

    HDFC Asset Management is the investment manager of India’s largest mutual fund, i.e., HDFC Mutual Fund. The company got listed on 6th August’2018. The headquarters of HDFC AMC is located in the city of Mumbai. The promoters of HDFC Asset Management include Housing Development Finance Corporation Ltd, holding 52.72% stake and Standard Life, holding a 21.24% stake in the company. The company offers a comprehensive range of products across several asset classes to provide wealth and income-generating opportunities for its consumers. In addition, the company also provides portfolio management services and segregated account services to high net worth individuals, domestic corporates, trusts, and domestic & global institutions. The promoters of the company currently hold 73.88% of the stake in the company, while the Foreign Institutional Investors (FII) and Domestic Institutional Investors (DII) hold 9.14% and 6.57% of the stake, respectively and the balance of 10.41% is owned by others (retail investors).

    In June 2021, quarterly net sales were Rs. 507.08 crores, which has increased by approximately 23.23% from Rs. 411.49 crores for the April-June 2020 quarter. The quarterly net profit in June 2021 was Rs. 345.45 crores, which has grown by 14.26% from a net profit of Rs. 302.33 crores in June 2020. In June 2021, operating profit was reported at Rs. 565.32 crores, which is also increased by 25.93% as compared to operating profit of Rs. 448.91 crores for the quarter ending in June 2020. From Rs. 14.20 in June 2020, the EPS of HDFC AMC Ltd has grown to Rs. 16.22 per share in June 2021. HDFCAMC’s stock closed at Rs. 2949.40 on 16th August’2021 (NSE) and has returned (0.76%) in the last six months and 25.42% in the last year.

Registered Address

HDFC House 2nd Flr HT ParekhMa, 165-166 Bacbay Reclam Churchga, Mumbai, Maharashtra, 400020

Tel : 91-022-66316333
Email : shareholders.relations:hdfcfund.com
Website : http://www.hdfcfund.com
Registrar

KFin Techologies Ltd

AGM Date (Month) : Jun
Face Value Equity Shares : 5
Market Lot Equity Shares : 1
BSE Code : 541729
NSE Code : HDFCAMC
Book Closure Date (Month) :
BSE Group : A
ISIN : INE127D01025

FAQ’s on HDFC Asset Management Company Ltd Shares

You can buy HDFC Asset Management Company Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy HDFC Asset Management Company Ltd Share.

Company share prices and volatile and keep changing according to the market conditions. As of Mar 28, 2024 03:58 PM the closing price of HDFC Asset Management Company Ltd was ₹ 3,754.10.

Market capitalization or market cap is determined by multiplying the current market price of a company’s shares with the total number of shares outstanding. As of Mar 28, 2024 03:58 PM, the market cap of HDFC Asset Management Company Ltd stood at ₹ 80,144.03.

The latest PE ratio of HDFC Asset Management Company Ltd as of Mar 28, 2024 03:58 PM is 45.06

The latest PB ratio of HDFC Asset Management Company Ltd as of Mar 28, 2024 03:58 PM is 0.08

The 52-week high of HDFC Asset Management Company Ltd share price is ₹ 4,066.50 while the 52-week low is ₹ 1,666.55

According to analyst recommendations, HDFC Asset Management Company Ltd Share has a “Buy” rating for the long term.

Download Our

Download App
market app