profitfromit1@gmail.com

🔍 HDFC AMC Q4FY25 & FY25 Results: Strong Performance, Robust Growth & Healthy Margins

Lesson 101/153 | Study Time: 10 Min

Course: Quarterly Result Updates & Analysis

🔍 HDFC AMC Q4FY25 & FY25 Results: Strong Performance, Robust Growth & Healthy Margins

Date: April 19, 2025
Author: Profit From IT

📢 Key Highlights at a Glance

FY25 Net Profit up 26% YoY to ₹24,609 million
Revenue from operations rose 35% YoY to ₹34,980 million
Final Dividend of ₹90/share declared
Assets Under Management (AUM) hit ₹7.55 trillion
Systematic Investment Plans (SIPs) saw robust monthly flows of ₹36.5 billion
Total Live Accounts crossed 23.3 million

📊 Q4FY25 Results – Strong Quarter

Metric	Q4FY25	Q4FY24	YoY Growth
Revenue from Operations	₹9,012 Cr	₹6,955 Cr	+30%
Total Income	₹10,249 Cr	₹8,510 Cr	+20%
Operating Profit	₹7,115 Cr	₹5,236 Cr	+36%
Profit Before Tax (PBT)	₹8,352 Cr	₹6,791 Cr	+23%
Profit After Tax (PAT)	₹6,386 Cr	₹5,411 Cr	+18%

📅 Full Year FY25 Performance

Metric	FY25	FY24	YoY Growth
Revenue from Operations	₹34,980 Cr	₹25,844 Cr	+35%
Total Income	₹40,582 Cr	₹31,625 Cr	+28%
Operating Profit	₹27,261 Cr	₹19,000 Cr	+43%
Profit Before Tax (PBT)	₹32,863 Cr	₹24,781 Cr	+33%
Profit After Tax (PAT)	₹24,609 Cr	₹19,458 Cr	+26%

Margins:

Operating Margin: 36 bps of AAUM (improved from 35 bps)
PAT Margin: ~60.7% of Total Income

💼 AUM & SIP Growth – FY25

Parameter	FY25	FY24	YoY Growth
Quarterly Avg AUM (QAAUM)	₹7,740 bn	₹6,129 bn	+26%
Actively Managed Equity AUM	₹4,609 bn	₹3,650 bn	+26%
Debt AUM	₹1,587 bn	₹1,368 bn	+16%
Liquid AUM	₹852 bn	₹674 bn	+26%
Monthly SIP Book (Mar 2025)	₹36.5 bn	₹29.3 bn	+25%+
Total Live Accounts	23.3 million	~21.9 million	+6%
Unique Investors	13.2 million	9.6 million	+38%

📊 Valuation Metrics @ CMP ₹4,216

Metric	Value
EPS (FY25)	₹115.2
P/E Ratio	~36.6x
Book Value	₹750
P/B Ratio	~4.1x
Dividend Yield	~2.13%
ROE	~30.6%

📈 Valuation Overview (FY25)

🔮 Outlook – What's Ahead?

Near-Term (6–12 months):

Continued traction in SIPs and strong retail participation likely to drive consistent inflows.
Equity markets remain volatile, but HDFC AMC’s positioning in actively managed funds offers alpha generation potential.
Operational leverage and cost controls support margin resilience.

Long-Term (3–5 years):

Massive tailwinds from financialization of savings.
Expanding reach in B30 cities (now 19.1% of AUM).
Focus on digital distribution, ESG, and customer engagement will be key growth levers.
High Return Ratios and robust balance sheet provide a strong compounding story.

📝 Conclusion

HDFC AMC has posted strong growth across revenue, profits, AUM and investor base, backed by operational efficiency and brand leadership. The company remains a top choice for long-term wealth creation in India's booming asset management space.

CMP: ₹4,216 | Rating: Long-Term Positive

📢 Disclosure

This article is intended for informational and educational purposes only. It is not investment advice. Readers are advised to do their own research before making any investment decisions.

Previous Lesson Next Lesson

Piyush Patel

Product Designer

4.75

Profile

Class Sessions