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UTI Asset Management Company Ltd share Price Today

Company details

936.00
949.00
638.75
965.00
6M Return 23.97%
1Y Return 40.03%
Mkt Cap.(Cr) 11,962.06
Volume 33,617
Div Yield 2.33%
OI
-
OI Chg %
-
Volume 33,617

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UTI Asset Management Company announced Q2FY24 results:

Financial Highlights for Q2FY24:

• The Core Income for the July-September 2023 quarter stood at Rs 292 crore, up by 3% QoQ basis.
• Total Revenue from Operations for the quarter was Rs 404 crore, down 7% YoY and 13% QoQ.
• The Operating Expenses for Q2FY24 were at Rs 186 crore, up 5% YoY and 3% QoQ basis.
• The Core Profit before Tax for Q2FY24 was at Rs 106 crore, witnessing a decline of 7% YoY and growth of 3% QoQ.
• The Profit before Tax for Q2FY24 was Rs 220 crore, down by 16% YoY and 24% QoQ.
• The Core Profit after Tax for Q2FY24 was Rs 88 crore, witnessing a 1% YoY and 6% QoQ growth.
• Q2FY24 Profit after Tax (PAT) was at Rs 183 crore, down 8% YoY and 22% QoQ.
• The total Assets under Management for UTI Asset Management Company stood at Rs 16,89,318 crore.

Business Highlights for Q2FY24:

• UTI Mutual Fund’s (UTI MF’s) total market share for the Q2FY24 stood at 5.68%.
• For the quarter ended September 30, 2023, UTI MF’s average assets under management was Rs 2,66,813 crore.
• For the July-September 2023 quarter, equity-oriented assets contributed ~75% to UTI MF’s total quarterly average AUM.
• The ratio of equity-oriented QAAUM and non-equity-oriented QAAUM is 75:25 compared to the industry ratio of 66:34, for the July-September 2023 quarter.
• For the first quarter of FY24, gross inflow mobilized through SIP stood at Rs 1,648 crore. SIP AUM as of September 30, 2023, stood at Rs 26,541 crore, witnessing an increase of 6.5% as compared to June 30, 2023.
• During this quarter, digital purchase transactions increased by 9.43% as against the quarter ended June 30, 2023, to ~31.09 lakh transactions. Digital channels contributed 41.8% to total new purchase transactions.

Commenting on the performance, Imtaiyazur Rahman, Managing Director & Chief Executive Officer, UTI Asset Management Company said, “The Indian Mutual Fund Industry has constantly worked towards building the financial literacy in the country for creating awareness about various products and in enabling investors to take informed investment decisions. With our growing geographical and digital reach in the country and our expertise in investment management combined with a large suite of products, UTI is well placed to capitalize on the opportunities offered by the markets.”

 

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UTI Asset Management Company Ltd shares SWOT Analysis

Strengths (7)

  • Strong Momentum: Price above short, medium and long term moving averages
  • Company with high TTM EPS Growth
  • Company with No Debt

Weakness (4)

  • MFs decreased their shareholding last quarter
  • Inefficient use of shareholder funds - ROE declining in the last 2 years
  • Inefficient use of assets to generate profits - ROA declining in the last 2 years

Opportunity (3)

  • Results Screener: Stocks with upcoming results which are seeing positive shifts in share price
  • Negative to Positive growth in Sales and Profit with Strong Price momentum
  • RSI indicating price strength

Threats (0)

Data not found

Resistance and support

R1 959.3
R2 979.4
R3 993.9
Pivot

944.82

S1 924.7
S2 910.2
S3 890.1
EMA SMA
896.3
883.0
865.7
833.8
882.5
886.1
874.2
828.3
Delivery and volume
CLIENT NAME DEAL TYPE ACTION DATE AVG. PRICE QUANTITY EXCHANGE
PPFAS MUTUAL FUND Bulk Purchase 2023-03-20 636 1122643 NSE
ISHARES CORE MSCI EMERGING MARKETS ETF Block Purchase 2022-10-11 740.1 134588 BSE
ISHARES MSCI INDIA SMALL-CAP ETF Block Purchase 2022-10-11 740.1 19507 BSE
Name Category Shares
T. ROWE PRICE INTERNATIONAL LTD PUBLIC 22.92%

FINANCIALS

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

UTI Asset Management Company Ltd Stocks COMPARISON

Financials( in Cr) UTI Asset Management Company Ltd Bajaj Finance Ltd Bajaj Finserv Ltd Jio Financial Services Ltd Indian Railway Finance Corporation Ltd
Price 940.00 7,352.00 1,646.40 381.55 148.65
% Change 0.08 1.27 1.56 -1.65 0.61
Mcap Cr 11,962.06 455,085.86 262,681.31 242,409.55 194,263.34
Revenue TTM Cr 1,266.91 41,398.35 82,071.70 44.84 23,891.95
Net Profit TTM Cr 439.68 11,507.69 12,209.54 31.25 6,337.01
PE TTM 17.38 32.60 33.15 153.34 31.97
1 Year Return 40.03 23.90 24.75 53.29 403.05
ROCE 15.90 11.76 12.69 0.03 5.32
ROE 11.74 23.46 28.18 0.02 14.66
INSIDER & INSTITUTIONAL ACTIVITY

Equity Capital: 3,867.84 Cr FV: 10.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 19,463.02 -6,228.06
LAST 3M 77,954.71 28,409.22
LAST 6M 138,694.84 74,737.91
LAST 12M 215,251.82 194,497.84

UTI Asset Management Company Ltd Information

Stock PE (TTM)
17.38
Promoter Holding
0%
Book Value
312.3938
ROCE
15.9%
ROE
11.74%
Description
  • UTI Asset Management Company Ltd is in the Financial sector and is having a Market Capitalization worth Rs. 14,319.32 crores, it is incorporated in the year 1963. It has reported consolidated sales of Rs. 344.35 crores in June’2021. The company is listed in the Bombay Stock Exchange (BSE) with the code 543238 and additionally listed in the National Stock Exchange (NSE) with the code UTIAMC.

    UTI Asset Management Company or UTI Mutual Fund was formed out of the erstwhile Unit Trust of India and was registered under SEBI in February’2003. The Unit Trust of India was established under the provisions of The Unit Trust of India Act, 1963, which was later repealed to allow the division of UTI into the Specified Undertaking of Unit Trust of India (SUUTI) and the Unit Trust of India Mutual Fund or UTI AMC. UTI Mutual Fund is India’s oldest and largest mutual fund, with over 230 domestic schemes in its portfolio. UTI AMC has a nationwide spread with over 174 financial centers and 48 thousand AMFI certified independent Financial Advisors. The promoters of the company do not hold any of the stakes in the company. The stakes are held by Foreign Institutional Investors (FII), who own 4.07%; Domestic Institutional Investors (DII), who own 86.76% of the stake; and others (such as public and retail investors) hold the balance of 9.17%.

    In June 2021, quarterly net revenue was Rs. 275.71 crores, which has increased by approximately 31.26 % from Rs. 210.05 crores for the April-June 2020 quarter. The quarterly net profit in June 2021 was Rs. 119.01 crores, which has increased sharply by nearly 72.25% from a net profit of Rs. 69.09 crores in June 2020. In June 2021, the reported operating profit was at Rs. 244.05 crores, which is also reduced by 29.52% as compared to an operating profit of Rs. 188.43 crores for the quarter ending in June 2020. From Rs. 5.45 in June 2020, the EPS of UTI Asset Management Company Ltd has risen to Rs. 9.39 per share in June 2021. UTIAMC’s stock closed at Rs. 1,129.40 on 18th August’2021 (NSE) and has returned 101.44% in the last six months and 137.14% in the previous year.

Registered Address

UTI Tower Gn Block, Bandra Kurla Complex Bandra(E), Mumbai, Maharashtra, 400051

Tel : 91-022-66786666
Email : cs:uti.co.in
Website : http://www.utimf.com
Registrar

KFin Techologies Ltd

AGM Date (Month) : Jul
Face Value Equity Shares : 10
Market Lot Equity Shares : 1
BSE Code : 543238
NSE Code : UTIAMC
Book Closure Date (Month) : Jul
BSE Group : A
ISIN : INE094J01016

FAQ’s on UTI Asset Management Company Ltd Shares

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

Company share prices and volatile and keep changing according to the market conditions. As of Apr 24, 2024 11:44 AM the closing price of UTI Asset Management Company Ltd was ₹ 940.00.

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 Apr 24, 2024 11:44 AM, the market cap of UTI Asset Management Company Ltd stood at ₹ 11,962.06.

The latest PE ratio of UTI Asset Management Company Ltd as of Apr 24, 2024 11:44 AM is 17.38

The latest PB ratio of UTI Asset Management Company Ltd as of Apr 24, 2024 11:44 AM is 0.33

The 52-week high of UTI Asset Management Company Ltd share price is ₹ 965.00 while the 52-week low is ₹ 638.75

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