Aditya Birla Sun Life AMC Ltd

Aditya Birla Sun Life AMC Ltd

₹ 530 -1.51%
28 May - close price
About

Incorporated in 1994, Aditya Birla Sun Life AMC is set up as a joint venture between Aditya Birla Capital Ltd and Sun Life AMC. The Co. offers Mutual Fund services, Portfolio Management services, offshore and real estate offerings. [1]

Key Points

India’s Leading AMC ABSBL is one of the largest non-bank affiliated AMC in India managing AUM of ₹6002[1] bn under its suite of mutual funds, portfolio management services, offshore and real estate offerings[2].

  • Market Cap 15,273 Cr.
  • Current Price 530
  • High / Low 569 / 347
  • Stock P/E 19.7
  • Book Value 110
  • Dividend Yield 1.93 %
  • ROCE 34.8 %
  • ROE 27.3 %
  • Face Value 5.00

Pros

  • Company is almost debt free.
  • Company has a good return on equity (ROE) track record: 3 Years ROE 28.3%
  • Company has been maintaining a healthy dividend payout of 50.0%

Cons

  • The company has delivered a poor sales growth of -0.89% over past five years.
  • Earnings include an other income of Rs.286 Cr.

* 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

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
304 295 324 327 317 299 306 309 292 306 329 336 360
111 116 127 90 124 119 125 127 135 138 139 142 156
Operating Profit 193 179 197 237 193 180 181 182 157 168 190 194 203
OPM % 64% 61% 61% 73% 61% 60% 59% 59% 54% 55% 58% 58% 57%
17 33 40 19 24 -31 76 49 32 77 55 79 74
Interest 1 1 1 1 1 1 1 1 1 1 2 1 2
Depreciation 9 9 9 9 9 9 8 8 8 6 9 9 10
Profit before tax 200 202 227 246 206 139 248 221 180 238 235 263 266
Tax % 26% 25% 25% 25% 25% 27% 23% 25% 25% 23% 25% 21% 22%
149 151 170 183 156 102 190 165 134 183 176 209 207
EPS in Rs 82.77 5.26 5.90 6.37 5.40 3.52 6.60 5.73 4.67 6.34 6.13 7.24 7.17
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
987 1,294 1,391 1,215 1,174 1,376 1,327 1,330
646 770 730 521 451 457 506 575
Operating Profit 341 524 661 693 724 919 821 755
OPM % 35% 41% 48% 57% 62% 67% 62% 57%
2 0 0 0 4 3 4 286
Interest 0 0 0 5 6 5 4 6
Depreciation 8 10 13 36 36 35 33 34
Profit before tax 335 515 648 652 685 882 788 1,002
Tax % 34% 34% 31% 26% 25% 25% 25% 23%
221 341 449 486 516 660 591 774
EPS in Rs 122.83 189.71 249.37 269.94 286.58 22.93 20.52 26.87
Dividend Payout % 23% 59% 67% 68% 28% 50% 50% 50%
Compounded Sales Growth
10 Years: %
5 Years: -1%
3 Years: 4%
TTM: 0%
Compounded Profit Growth
10 Years: %
5 Years: 12%
3 Years: 14%
TTM: 31%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: 51%
Return on Equity
10 Years: %
5 Years: 30%
3 Years: 28%
Last Year: 27%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 18 18 18 18 18 144 144 144
Reserves 973 1,162 1,245 1,328 1,705 2,057 2,365 3,010
0 0 0 60 58 53 47 77
253 339 205 188 216 180 221 251
Total Liabilities 1,244 1,519 1,468 1,594 1,997 2,434 2,777 3,483
16 25 30 84 76 71 69 110
CWIP 2 0 2 1 1 3 2 1
Investments 975 1,215 1,212 1,332 1,795 2,190 2,428 3,191
250 278 224 177 125 171 278 181
Total Assets 1,244 1,519 1,468 1,594 1,997 2,434 2,777 3,483

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
277 303 287 492 502 550 468 684
-212 -65 68 -66 -340 -298 -134 -512
-60 -240 -361 -422 -162 -255 -334 -168
Net Cash Flow 5 -3 -6 4 1 -3 -0 4

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 15 11 6 11 8 5 5 9
Inventory Days
Days Payable
Cash Conversion Cycle 15 11 6 11 8 5 5 9
Working Capital Days -24 -61 -34 -2 -27 -6 10 -29
ROCE % 47% 53% 49% 43% 44% 33%

Shareholding Pattern

Numbers in percentages

2 Recently
Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
86.50% 86.50% 86.50% 86.50% 86.50% 86.50% 86.50% 86.49% 86.48% 86.48% 75.32%
1.85% 1.54% 1.21% 2.12% 2.34% 2.01% 1.61% 1.68% 1.68% 1.74% 4.37%
4.54% 4.95% 5.36% 4.38% 4.20% 4.66% 4.84% 4.69% 4.72% 5.21% 12.08%
7.11% 7.01% 6.93% 7.00% 6.95% 6.83% 7.05% 7.15% 7.10% 6.57% 8.24%
No. of Shareholders 6,76,4935,34,8444,97,7034,79,9374,64,4934,45,3374,31,8714,18,8594,04,4933,82,2483,65,456

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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