UTI Asset Management Company Ltd
UTI Asset Management Company Ltd is primarily engaged in the activities of raising funds for and to render investment management services to schemes of UTI Mutual Fund. It is registered with SEBI under the SEBI (Mutual Funds) Regulations, 1996.[1] It was the first to introduce Mutual Funds in India and is focused solely on Investment management and related services.[2]
- Market Cap ₹ 11,685 Cr.
- Current Price ₹ 918
- High / Low ₹ 1,005 / 639
- Stock P/E 19.5
- Book Value ₹ 290
- Dividend Yield 2.40 %
- ROCE 22.1 %
- ROE 17.1 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Company has been maintaining a healthy dividend payout of 76.4%
Cons
- The company has delivered a poor sales growth of 6.34% over past five years.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Finance Industry: Finance & Investments
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
492 | 504 | 651 | 746 | 846 | 1,018 | 983 | 832 | 941 | 1,060 | 1,092 | 1,337 | |
278 | 259 | 347 | 396 | 442 | 523 | 500 | 443 | 443 | 490 | 500 | 526 | |
Operating Profit | 214 | 245 | 304 | 351 | 404 | 495 | 483 | 389 | 498 | 570 | 592 | 812 |
OPM % | 44% | 49% | 47% | 47% | 48% | 49% | 49% | 47% | 53% | 54% | 54% | 61% |
-1 | 1 | 2 | 3 | 8 | 1 | 25 | 30 | 2 | 1 | 9 | 4 | |
Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 9 | 8 | 9 | 10 | 11 |
Depreciation | 7 | 8 | 11 | 12 | 13 | 14 | 16 | 33 | 34 | 35 | 38 | 38 |
Profit before tax | 207 | 239 | 295 | 342 | 399 | 482 | 492 | 376 | 458 | 526 | 554 | 766 |
Tax % | 28% | 29% | 32% | 32% | 27% | 29% | 29% | 18% | 23% | 21% | 23% | 22% |
149 | 170 | 201 | 232 | 291 | 341 | 348 | 309 | 352 | 418 | 424 | 601 | |
EPS in Rs | 11.91 | 13.60 | 15.93 | 18.30 | 22.94 | 26.93 | 27.48 | 24.38 | 27.74 | 32.91 | 33.42 | 47.19 |
Dividend Payout % | 27% | 26% | 23% | 20% | 17% | 19% | 18% | 29% | 61% | 64% | 66% | 100% |
Compounded Sales Growth | |
---|---|
10 Years: | 10% |
5 Years: | 6% |
3 Years: | 12% |
TTM: | 23% |
Compounded Profit Growth | |
---|---|
10 Years: | 13% |
5 Years: | 12% |
3 Years: | 20% |
TTM: | 41% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 10% |
1 Year: | 40% |
Return on Equity | |
---|---|
10 Years: | 15% |
5 Years: | 14% |
3 Years: | 15% |
Last Year: | 17% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 125 | 125 | 126 | 127 | 127 | 127 | 127 | 127 | 127 | 127 | 127 | 127 |
Reserves | 921 | 1,040 | 1,209 | 1,452 | 1,687 | 2,046 | 2,281 | 2,468 | 2,780 | 3,034 | 3,221 | 3,558 |
0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
224 | 226 | 267 | 165 | 190 | 273 | 232 | 336 | 336 | 289 | 270 | 296 | |
Total Liabilities | 1,270 | 1,391 | 1,603 | 1,744 | 2,004 | 2,445 | 2,639 | 2,931 | 3,243 | 3,450 | 3,618 | 3,981 |
192 | 194 | 189 | 184 | 278 | 272 | 267 | 371 | 357 | 353 | 365 | 401 | |
CWIP | 0 | 0 | 0 | 3 | 3 | 5 | 1 | 1 | 5 | 8 | 9 | 3 |
Investments | 878 | 997 | 1,123 | 1,331 | 1,558 | 1,980 | 2,117 | 2,269 | 2,566 | 2,769 | 2,879 | 3,334 |
200 | 200 | 291 | 226 | 165 | 188 | 254 | 290 | 314 | 319 | 366 | 243 | |
Total Assets | 1,270 | 1,391 | 1,603 | 1,744 | 2,004 | 2,445 | 2,639 | 2,931 | 3,243 | 3,450 | 3,618 | 3,981 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
111 | 213 | 300 | 271 | 95 | 181 | 252 | 285 | 306 | 300 | |||
-60 | -159 | -246 | -213 | -12 | -217 | -131 | -76 | 35 | -138 | |||
-51 | -53 | -55 | -59 | -76 | 27 | -96 | -215 | -267 | -249 | |||
Net Cash Flow | 0 | 1 | -1 | -1 | 6 | -8 | 25 | -5 | 74 | -88 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 5 | 7 | 4 | 8 | 5 | 11 | 3 | 11 | 7 | 13 | 18 | 8 |
Inventory Days | ||||||||||||
Days Payable | ||||||||||||
Cash Conversion Cycle | 5 | 7 | 4 | 8 | 5 | 11 | 3 | 11 | 7 | 13 | 18 | 8 |
Working Capital Days | -54 | -58 | -14 | 2 | -34 | -23 | 1 | -29 | -60 | -42 | -39 | -47 |
ROCE % | 21% | 22% | 24% | 23% | 23% | 24% | 22% | 15% | 17% | 18% | 17% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS
6 May - Allotment of 1,696 equity shares under ''UTI AMC Employee Stock Option Scheme-2007''
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Announcement under Regulation 30 (LODR)-Earnings Call Transcript
2 May - Transcript of Earnings Conference call on Financial Performance for the quarter and financial year ended 31st March, 2024.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
26 Apr - Audio Recording of earnings conference call held on 26th April 2024.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
26 Apr - Newspaper Advertisements-Extract of audited financial results for the quarter and year ended March 31, 2024.
- Disclosure Of Related Party Transaction For The Half Year Ended 31St March, 2024 25 Apr
Annual reports
Concalls
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May 2024Transcript PPT
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Apr 2024TranscriptNotesPPT
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Jan 2024TranscriptNotesPPT
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Oct 2023Transcript PPT
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Aug 2023Transcript PPT
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Jul 2023TranscriptNotesPPT
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May 2023Transcript PPT
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Feb 2023Transcript PPT
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Oct 2022Transcript PPT
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Aug 2022Transcript PPT
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May 2022TranscriptPPT
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Feb 2022TranscriptPPT
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Nov 2021Transcript PPT
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Sep 2021TranscriptPPT
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Aug 2021TranscriptPPT
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Aug 2021Transcript PPT
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May 2021Transcript PPT
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Feb 2021TranscriptPPT
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Feb 2021TranscriptPPT
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Nov 2020Transcript PPT
Pioneer of Mutual Fund in India[1][2][3]
UTI is the Oldest Mutual Fund in India & is a trusted household brand. The Co. was the first to launch Equity Mutual Fund, Children’s Plan, and in the Mutual Fund industry, it commands a market share of 5.83% on a QAAUM basis(FY22), it also has an overall Market Share of 27.4% in the National Pension System.