Aditya Birla Money Limited (BIRLAMONEY) AI Stock Analysis

• Market Cap: ₹6.30B
• Dividend Yield: N/A
• Average Volume (3M): 21.59K
• Price to Earnings (P/E): 14.1
• Beta (1Y): 1.41
• Revenue Growth: -6.37%
• EPS Growth: -24.10%
• Country: IN
• Employees: 718
• Sector: Financial
• Sector Strength: 70
• Industry: Financial - Capital Markets
• EPS (TTM): 2.52
• Shares Outstanding: 56,509,200
• 10 Day Avg. Volume: 17,108
• 30 Day Avg. Volume: 21,593
• PEG Ratio: 0.30
• Price to Book (P/B): 3.82
• Price to Sales (P/S): 2.16
• P/FCF Ratio: -6.77
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 63 Neutral
• Price Target: ₹119.00 ▼(-16.87% Downside)
• Action: Downgraded Date: 11/12/25
• Date: Action: Downgraded 11/12/25

Aditya Birla Money Limited's strong financial performance is offset by bearish technical indicators and cash flow challenges. The fair valuation provides some support, but the lack of dividend yield and negative market momentum weigh on the overall score.

Positive Factors

Improving Profitability

Improving gross and net margins indicate the company is capturing more value per revenue unit. Durable margin expansion suggests operational efficiency and pricing power that can support reinvestment, absorb cyclical revenue swings, and sustain long-term profitability.

Stronger Balance Sheet

A materially stronger equity base and improved debt-to-equity ratio enhance financial resilience. This durable capital structure provides flexibility to fund platform investments, weather market stress, and reduces refinancing risk over the medium term.

Group Brand and Distribution

Membership in the Aditya Birla Group plus an established distribution network gives structural competitive advantages: brand recognition, cross‑sell access and lower customer acquisition costs, supporting stable client flows and scale economies over time.

Negative Factors

Weak Cash Generation

Persistent negative operating and free cash flows constrain internal funding for growth, technology and working capital. Even with recent improvement, ongoing weak cash conversion elevates reliance on external financing and limits strategic optionality over the medium term.

Recent Revenue & EPS Decline

Material declines in revenue and EPS imply pressure on core brokerage and distribution activities. These trends may signal market share loss, pricing pressure or lower client activity—issues that can persist several quarters and weigh on sustainable earnings power.

Business Cyclicality

Revenue reliance on trading volumes and market sentiment creates structural cyclicality. Even with solid margins and equity, earnings and cash flows can swing materially with market cycles, reducing predictability and complicating long‑term planning and capital allocation.

Aditya Birla Money Limited Business Overview & Revenue Model

Company Description

Aditya Birla Money Limited engages in financial services business in India. The company provides stock broking and portfolio management services, as well as depository and e-insurance repository solutions and distribution of other financial products. It also provides life, health, multiply wellness, travel, and motor insurance services. In addition, the company offers stocks and securities, mutual and pension funds, real estate investments, wealth, and portfolio management services. Further, it provides loan against securities, home, personal, mortgage, and SME finance services, as well as debt capital market and loan syndication services. Additionally, the company provides life insurance, health insurance, mutual funds, financing, stocks and securities advisors. It operates 41 branches and 1042 franchisee outlets. The company was incorporated in 1995 and is based in Chennai, India. Aditya Birla Money Limited is a subsidiary of Aditya Birla Capital Limited.

How the Company Makes Money

Aditya Birla Money Limited primarily makes money by earning fees and commissions linked to client participation in capital markets. Key revenue streams include: (1) brokerage income from executing client trades in securities (and other market instruments where offered), typically charged per transaction or as a plan-based fee; (2) distribution income/commissions from selling third-party financial products (such as investment products) when applicable, earned as upfront and/or trail commissions based on client assets or transactions; (3) interest income and related charges associated with client funding/margin arrangements and other financing-linked services where provided, generally earned as interest spreads and service fees; and (4) ancillary fees from account-related and service activities (e.g., platform/service charges and other client servicing fees, depending on the product and channel). The company’s earnings are influenced by market activity (trading volumes, volatility, and investor sentiment), client acquisition/retention, and the effectiveness of its distribution channels and platforms. Specific significant partnerships contributing to earnings: null.

Aditya Birla Money Limited Financial Statement Overview

Summary

Aditya Birla Money Limited shows strong revenue growth and profitability, with improved leverage and equity position. However, cash flow challenges due to negative operating and free cash flows need attention.

Income Statement

Aditya Birla Money Limited has demonstrated strong revenue growth over the years, with a notable increase in total revenue from 2020 to 2025. The gross profit margin and net profit margin have shown improvement, indicating efficient operational management and increasing profitability. EBIT and EBITDA margins are robust, suggesting strong earnings performance relative to revenue.

Balance Sheet

The balance sheet reflects a solid equity base, with stockholders' equity growing significantly from 2021 to 2025. The debt-to-equity ratio has improved, indicating better financial leverage management. The equity ratio is relatively healthy, showcasing a stable capital structure. However, the company should continue to monitor its liabilities to ensure long-term financial stability.

Cash Flow

Cash flow management appears challenging, with negative operating and free cash flows in recent years. However, there has been some improvement in free cash flow between 2024 and 2025. The operating cash flow to net income ratio suggests that cash generation from operations needs enhancement to better support net income levels.

Breakdown	TTM	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	3.91B	4.18B	3.60B	2.51B	2.15B	1.77B
Gross Profit	2.33B	2.45B	1.81B	1.19B	830.40M	645.20M
EBITDA	1.87B	2.37B	1.68B	1.03B	684.11M	513.77M
Net Income	566.62M	741.91M	529.68M	339.02M	261.33M	157.84M
Balance Sheet
Total Assets	25.78B	24.71B	21.16B	13.63B	12.67B	8.83B
Cash, Cash Equivalents and Short-Term Investments	696.58M	16.42B	8.90B	5.76B	4.84B	2.81B
Total Debt	1.01B	31.86B	13.99B	16.03B	7.40B	6.64B
Total Liabilities	23.11B	22.35B	19.53B	12.54B	11.92B	8.36B
Stockholders Equity	2.68B	2.36B	1.63B	1.09B	744.33M	478.83M
Cash Flow
Free Cash Flow	0.00	-1.33B	-4.53B	-839.97M	-2.86B	-1.57B
Operating Cash Flow	0.00	-1.26B	-4.44B	-765.07M	-2.84B	-1.55B
Investing Cash Flow	0.00	-10.09M	-41.04M	-37.61M	3.24M	1.61M
Financing Cash Flow	0.00	1.73B	4.03B	1.06B	3.11B	1.27B

Aditya Birla Money Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 143.15
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Positive
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:BIRLAMONEY, the sentiment is Negative. The current price of 143.15 is above the 20-day moving average (MA) of 124.59, above the 50-day MA of 128.09, and below the 200-day MA of 159.71, indicating a bearish trend. The MACD of -4.99 indicates Positive momentum. The RSI at 29.04 is Positive, neither overbought nor oversold. The STOCH value of 8.26 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:BIRLAMONEY.

Aditya Birla Money Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
GEOJITFSL	73 Outperform	₹16.69B	40.70	―	1.88%	-11.33%	-40.39%
5PAISA	68 Neutral	₹9.09B	21.20	―	―	-25.11%	-24.87%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
SMCGLOBAL	66 Neutral	₹13.57B	15.62	―	0.70%	-5.03%	-54.73%
BIRLAMONEY	63 Neutral	₹6.30B	14.15	―	―	-6.37%	-24.10%
THEINVEST	59 Neutral	₹5.37B	13.06	―	―	-9.21%	-48.40%
ARIHANTCAP	58 Neutral	₹7.46B	45.88	―	0.53%	-27.65%	-44.96%

Aditya Birla Money Limited Corporate Events

Aditya Birla Money Settles SEBI Probe on Algo Platform Associations

Aditya Birla Money Limited has disclosed that India’s securities regulator SEBI has passed a settlement order under its 2025 scheme concerning associations with certain algorithmic trading platforms. The order follows an investigation into whether the broker was linked to algo vendors that offered assured returns, a practice that is closely scrutinised by regulators.

Under the settlement, the company has paid Rs. 1,00,000 as a settlement amount, with SEBI expressly not levying any separate penalty or imposing operational restrictions. Aditya Birla Money stated there will be no material impact on its financials or operations beyond this payment and clarified that it is currently not associated with such algo vendors, aiming to reassure investors about regulatory compliance and business continuity.