Revenue from Operations Peration increased 25% to Rs. 968 crore, which was Rs. 775.2 crore, according to the company filing in stock exchanges.
The average properties under management for the quarter are Rs.
Should you buy, sell or catch a stock of HDFC AMC? Here’s what brokerage says:
Motilal Oswal
Motilal Oswal has maintained a buy rating on HDFC AMC with a target price of Rs 6,400.
Brokerage noted that Rs 970 crore revenue is 25% Yoy and 7% QOQ, corresponding to estimates. EBITD has risen 30% to Rs 770 crore, with margins expanded by 80% over 77% of a year ago.
Stomach Rs 750 crore Other income also contributes positively to the bottom line. The company has also applied to Sebi to launch Specialized Investment Funds (SIF). Motilal Oswal has increased its EPS estimates by 3% for FY 26 and FY 27.
Novels
Nuwama has maintained its bye rating and the target price is Rs. It has been increased from 5,840 to Rs 6,530, citing strong funds flow, positive market views and strong execution. Brokerage estimates its fiscal year 26, FY 27 and FY 28 Noplat estimates by 6.7%, 7.1%and 5.5%, respectively.
It noted that HDFC continues to move on flow shares compared to AMC AUM shares. The value of the stock is now 47.5X FY 26 and 41.6x FY 27 e-price-to-price.
Ancient
Antique has also maintained a buy rating with a target price of Rs 6,200.
Despite the increasing AUM, he pointed to the surprise of the yield and credited the company’s constant delivery, high equity mix and strong brand positioning to support the premium valuation.
Brokerage expects 18% CAGR in AAUM and 16-17% CAGR in PATs over 25-228 fiscal years. It also estimates that PAT for FY 26-228 can be 10% of consensus.
(Connection: The recommendations, suggestions, opinions and opinions provided by experts have their own. This does not represent opinions of economic time)
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