HDFC Asset Management Co. Ltd. (HDFCAMC) AI Stock Analysis

• Market Cap: ₹1.24T
• Dividend Yield: 1.56%
• Average Volume (3M): 6.53K
• Price to Earnings (P/E): 48.3
• Beta (1Y): 1.12
• Revenue Growth: 27.61%
• EPS Growth: 25.70%
• Country: IN
• Employees: 1,509
• Sector: Financial
• Sector Strength: 70
• Industry: Asset Management
• EPS (TTM): 34.90
• Shares Outstanding: 214,003,750
• 10 Day Avg. Volume: 5,224
• 30 Day Avg. Volume: 6,528
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• 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: ₹5,995.63
• Price Target Upside: 3.59% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 8

• Rating: 75 Outperform
• Price Target: ₹6,354.00 ▲(9.78% Upside)

HDFC Asset Management Co. Ltd. receives a strong score driven by its robust financial performance, showcasing consistent revenue growth and solid profitability. However, technical indicators suggest the stock may be overbought in the short term, and its high valuation could limit upside potential. The lack of significant insights from recent earnings calls or corporate events means the analysis primarily focuses on financial and technical factors.

HDFC Asset Management Co. Ltd. Business Overview & Revenue Model

Company Description

HDFC Asset Management Company Limited is a publically owned investment manager. The firm launches and manages equity, fixed income, and balanced mutual funds for its clients. It manages equity, fixed income, balanced, and real estate portfolios. The firm invests in public equity and fixed income markets. The firm employs fundamental analysis to make its investments. HDFC Asset Management Company Limited was founded on December 10, 1999 and is based in Mumbai, Maharashtra. HDFC Asset Management Company Limited operates as a subsidiary of Housing Development Finance Corporation Limited.

How the Company Makes Money

HDFC Asset Management Co. Ltd. generates revenue primarily through the management fees it charges on the assets under management (AUM). These fees are typically calculated as a percentage of the AUM and vary depending on the type of fund and investment strategy. The company also earns from portfolio management services and advisory fees. Additionally, HDFCAMC may receive performance fees on certain funds if they exceed predefined benchmarks. The company's earnings are influenced by the overall growth in AUM, market performance, and investor inflows. Strategic partnerships with financial institutions and distribution networks enhance its reach and contribute to its revenue generation.

HDFC Asset Management Co. Ltd. Financial Statement Overview

Summary

HDFC Asset Management Co. Ltd. displays strong financial health with consistent revenue growth, impressive profitability margins, and effective balance sheet management. The company excels in cash flow generation, supporting its operational and growth strategies, positioning it well in the industry.

Income Statement

HDFC Asset Management Co. Ltd. has demonstrated robust financial performance with significant revenue growth, increasing from 24.83 billion to 40.60 billion INR over the last five years. The Gross Profit Margin is consistently strong, standing at approximately 90.83% in the most recent period, indicating efficient cost management. Net Profit Margin has improved to 60.57%, reflecting enhanced profitability. The EBIT Margin is also impressive at 90.30%, showcasing operational efficiency.

Balance Sheet

The company maintains a healthy balance sheet with a Debt-to-Equity Ratio of 0.02, reflecting low financial leverage and a conservative approach to debt management. Return on Equity (ROE) is strong at 30.25%, indicating effective use of equity to generate profits. The Equity Ratio stands at 92.90%, suggesting a solid equity position relative to total assets, further highlighting financial stability.

Cash Flow

HDFC's cash flow management is robust, with Free Cash Flow consistently increasing, reaching 20.30 billion INR in the latest period. The Free Cash Flow to Net Income Ratio is 0.82, confirming strong cash conversion. Operating Cash Flow is healthy, supporting ongoing operations and strategic investments.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	37.96B	40.60B	31.63B	24.83B	24.33B	22.02B
Gross Profit	34.25B	36.89B	27.99B	21.60B	21.10B	19.65B
EBITDA	33.54B	33.54B	25.36B	19.33B	19.18B	18.13B
Net Income	24.60B	24.60B	19.43B	14.23B	13.93B	13.26B
Balance Sheet
Total Assets	87.51B	87.51B	75.54B	65.36B	58.80B	50.95B
Cash, Cash Equivalents and Short-Term Investments	418.00M	418.00M	400.20M	70.30M	13.47B	42.65B
Total Debt	1.44B	1.44B	1.25B	1.30B	1.10B	1.20B
Total Liabilities	6.21B	6.21B	4.79B	4.28B	3.50B	3.19B
Stockholders Equity	81.30B	81.30B	70.75B	61.08B	55.30B	47.76B
Cash Flow
Free Cash Flow	0.00	20.30B	15.96B	11.35B	12.44B	10.74B
Operating Cash Flow	0.00	20.75B	16.15B	11.49B	12.54B	10.85B
Investing Cash Flow	0.00	-5.98B	-5.42B	-2.17B	-5.08B	-4.83B
Financing Cash Flow	0.00	-14.75B	-10.66B	-9.30B	-7.46B	-6.28B

HDFC Asset Management Co. Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 5787.95
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:HDFCAMC, the sentiment is Positive. The current price of 5787.95 is above the 20-day moving average (MA) of 5708.14, above the 50-day MA of 5637.86, and above the 200-day MA of 4601.79, indicating a bullish trend. The MACD of 73.72 indicates Negative momentum. The RSI at 62.74 is Neutral, neither overbought nor oversold. The STOCH value of 84.60 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:HDFCAMC.

HDFC Asset Management Co. Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
HDFCAMC	75 Outperform	₹1.24T	48.33	―	1.56%	27.61%	25.70%
UTIAMC	75 Outperform	177.48B	24.89	15.90%	1.87%	3.62%	-9.49%
ABSLAMC	73 Outperform	234.30B	24.05	24.97%	2.96%	19.42%	16.76%
NAM.INDIA	73 Outperform	542.61B	39.24	30.53%	2.11%	19.78%	11.11%
360ONE	63 Neutral	415.07B	36.96	14.37%	0.83%	-1.16%	14.36%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%

HDFC Asset Management Co. Ltd. Corporate Events

HDFC Asset Management Holds 26th AGM, Approves All Resolutions

HDFC Asset Management Company Limited held its 26th Annual General Meeting (AGM) on June 25, 2025, conducted via video conferencing. The meeting, chaired by Mr. Deepak Parekh, covered updates on the Indian economy, industry performance, and the company’s financial results for the year ending March 31, 2025. All resolutions proposed during the AGM were approved by the requisite majority, with provisions made for remote e-voting and electronic voting during the meeting. The AGM proceedings, voting results, and the scrutinizer’s report are available on the company’s website.