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HDFC Asset Management Company Limited

HDFCAMCNSE
Market snapshot · 2026-08-11 10:47 UTC

2,515.00

₹-45.00 (-1.76%)

MARKET CAP

₹1.08L Cr

STOCK P/E

36.5x

52W HIGH

₹2,967.25

52W LOW

₹2,205.60

BOOK VALUE

₹215.42

EPS

₹68.86

ROE

SECTOR

Financials

DEBT/EQUITY

2.36

VOLUME

10.36L

P/B RATIO

11.67x

PEG RATIO

3.09

Sector

Financials

Themes

Asset ManagementWealth ManagementHDFC GroupFintech
D
Dividend
S
Split
E
Earnings
₹2,865.57₹2,715.27₹2,564.97₹2,414.67₹2,264.37VolumeESEEDEAug '25Sep '25Nov '25Jan '26Mar '26Apr '26Jun '26Aug '26

AI Summary

✦ Clartha

Forecast

Analyst targets, estimate history, and probabilistic forward ranges for HDFCAMC.

27.00 analysts

Price Forecast

Current
₹2,525
High Target
₹3,340
▲ +32.3%
Median Target
₹3,100
▲ +22.8%
Low Target
₹2,590
▲ +2.6%
Now₹2,525High ₹3,340Median ₹3,100Low ₹2,590Aug '25Now12M Target
Price history (1Y)
Analyst target range
27 analysts

Probabilistic Range

Probabilistic lognormal cone using 1Y realized volatility and analyst-target drift when available.

Time horizonRange ()Probability
3M₹2,097 - ₹3,12980%
6M₹1,957 - ₹3,44780%
12M₹1,791 - ₹3,98780%
Realized vol: +31.2% · Drift: +10.5%

Revenue Forecast

₹ Cr
Jun '26Current₹1,098.0
Sep 2026 ETrend estimate range
High₹1,274.1Base₹1,179.8Low₹1,085.4
Sep '25: ₹1,026.0 · Dec '25: ₹1,074.0 · Mar '26: ₹1,050.0 · Jun '26: ₹1,098.0 · Sep '26: ₹1,179.8 · Dec '26: ₹1,234.9
Sep '25Dec '25Mar '26Jun '26Sep '26 EDec '26 E1,026.01,074.01,050.01,098.01,179.81,234.9
PastCurrentTrend estimate: Low / Base / High

EPS Forecast

₹ / share
Jun '26Current₹19.56
Sep 2026 ETrend estimate range
High₹20.62Base₹18.41Low₹16.20
Sep '25: ₹16.78 · Dec '25: ₹17.98 · Mar '26: ₹14.55 · Jun '26: ₹19.56 · Sep '26: ₹18.41 · Dec '26: ₹19.73
Sep '25Dec '25Mar '26Jun '26Sep '26 EDec '26 E16.7817.9814.5519.5618.4119.73
PastCurrentTrend estimate: Low / Base / High
Market Intelligence

Multi-factor synthesis of 5 key dimensions

Overall Outlook
Neutral
70%
Analyst Consensus
Positive

From 27 analysts

Mean upside+23.2%

Fundamentals

Moderate

Fundamentals institutional score is 69 using growth durability 68.6.

Valuation

Fairly valued

Valuation institutional score is 56 using relative multiple z-scores where peer dispersion is available.

Analyst Consensus

Positive

Analyst View institutional score is 80 using mean target upside 23.2%; dispersion penalty 9.6; recommendation breadth from available consensus.

Technical Structure

Strong Trend

Technicals institutional score is 88 using EMA-20 continuation within 5% tolerance; VCP range/volume contraction proxy.

Market Sentiment

Neutral backdrop

Recent news flow is balanced or not decisive enough to tilt the tape. Based on 1 recent ticker-linked news items.

Signal Summary

Market intelligence remains Neutral. fundamentals and analyst consensus provide support, while market sentiment remain considerations.

Composite weights: Fundamentals 25%, Valuation 20%, Analyst Consensus 20%, Technical Structure 20%, Market Sentiment 15%.

Fundamentals ModerateValuation Fairly valuedAnalyst Consensus PositiveTechnical Structure Strong TrendMarket Sentiment Neutral backdrop

Key Data Points

Mean Target Price3,111.8 target
Mean Upside+23.2%
Technical Score88%
Fundamental Score69%
Data CoverageHigh

Important Note: This is market intelligence, not investment advice. Always conduct your own research and consider your financial goals and risk tolerance.

Valuation Metrics

Trading 20.3% above historical median. Valuation is rising — currently in the overvalued zone (z-score: +0.84). Confidence: 78%.

Live forward EPS implies next-12-month EPS of ₹87.94. Applying the stock's normalized valuation corridor produces a fair range of ₹2,299.63 to ₹3,317.10, with base value near ₹2,670.74 (+6.2% vs current price).

Forward Valuation Outlook

Live forward estimate anchored to the company's historical valuation corridor.

Inside normalized range

Forward EPS

₹87.94

Forward P/E

28.6x

Base Fair Value

₹2,670.74

Fair Range

₹2,299.63 - ₹3,317.10

Upside To Base

+6.2%

Estimate Source

Live forward EPS

Growth Estimate

+11.8%

P/B
Strongly Undervalued

5Y Average

12.94

Current

11.67

Overvalued

13.88

Undervalued

12.15

P/E
Overvalued

5Y Average

24.43

Current

36.52

Overvalued

37.72

Undervalued

26.15

P/S
Strongly Overvalued

5Y Average

15.08

Current

22.55

Overvalued

19.73

Undervalued

8.98

Peers & Comparison

Sector: Financials · Theme: Asset Management

Asset Management Peers7 peers
Avg P/E: 53.3x
CompanyRev. GrowthMarginP/Evs Avg52W Perf.
ICICI PRUDENTIAL AMC LTD
ICICIAMCAsset Management
+18.1%55.5%
43.3x
Undervalued
-19% vs avg
+18.1%
NIPPON L I A M LTD
NAM-INDIAAsset Management
+24.5%52.5%
46.7x
Fair
-12% vs avg
+46.9%
BAJAJ HOLDINGS & INVS LTD
BAJAJHLDNGAsset Management
+24.2%734.6%
14.5x
Undervalued
-73% vs avg
-19.8%
ADIT BIRL SUN LIF AMC LTD
ABSLAMCAsset Management
+10.6%47.6%
28.8x
Undervalued
-46% vs avg
+20.7%
TATA INVESTMENT CORP LTD
TATAINVESTAsset Management
+4.1%105.2%
81.7x
Premium
+53% vs avg
-0.2%
ANAND RATHI WEALTH LTD
ANANDRATHIAsset Management
+52.1%33.2%
78.3x
Premium
+47% vs avg
+52.5%
+208.2%55.0%
79.5x
Premium
+49% vs avg
-22.3%
WHY THESE PEERS

HDFC AMC LIMITED trades at a discount (36.9x vs peer avg 53.3x), suggesting potential undervaluation relative to the Asset Management cohort. Peers include ICICI PRUDENTIAL AMC LTD, NIPPON L I A M LTD, BAJAJ HOLDINGS & INVS LTD — selected based on business model, industry classification, market cap similarity, and business theme alignment.

Financials

Real statement data for revenue, earnings quality, conversion, and balance-sheet coverage. Monetary values are shown in Rs crore.

Latest revenue

₹1.10K CrJun 2026

Latest net profit

₹838 CrJun 2026

Latest EPS

₹19.56Jun 2026

Net margin

78.0%Jun 2026

Performance

Bars show revenue and net profit. The line shows net margin.

Rs crore + margin %
Q1 '26Q2 '26Q3 '26Q4 '26Q1 '270.0%25.0%50.0%75.0%100.0%0.00 Cr300 Cr600 Cr900 Cr1.20K Cr
  • Revenue
  • Net income
  • Net margin %

Earnings

Revenue is shown in crores. EPS is rupees per share.

Rs crore + Rs/share
Q1 '26Q2 '26Q3 '26Q4 '26Q1 '270.00 Cr300 Cr600 Cr900 Cr1.20K Cr₹0₹5₹10₹15₹20
  • Revenue
  • EPS

Revenue to profit conversion

Bridge from operating numbers to profit for the latest reported period.

Rs crore
RevenueExpensesDepreciationOtheradjustmentsOperatingprofitOther incomeInterestOtheradjustmentsProfitbefore taxTax & otherNet Profit0.00 Cr300 Cr600 Cr900 Cr1.20K Cr

Latest reported period: Jun 2026

Debt level and coverage

Debt, cash and free cash flow compared on the same crore scale.

Rs crore
Debt free
Mar 2022Mar 2023Mar 2024Mar 2025Mar 20260.00 Cr2.50K Cr5.00K Cr7.50K Cr10.00K Cr
  • Free cash flow
  • Cash & equivalents

Results

MetricJun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales +5756436716957758879349019681,0261,0741,0501,098
Expenses +146161160156180183170170194225197205247
Operating Profit429482511539595704764731774801877846852
OPM %75%75%76%78%77%79%82%81%80%78%82%81%78%
Other Income +158122142155173171931242339615911263
Interest2222222333344
Depreciation13131313131415171718181920
Profit before tax5715896396797528598408359868761,0158341,090
Tax %16%26%23%20%20%33%24%24%24%18%24%25%23%
Net Profit +478438490541604577641639748718770623838
EPS in Rs11.1910.2511.4712.6714.1413.5015.0014.9417.4816.7817.9814.5519.56
Raw PDF

All values in ₹ Crores unless otherwise stated. Source: Screener Master (Standalone).

Shareholding Pattern

HolderJun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters +52.44%52.42%52.38%52.37%52.34%
FIIs +21.97%24.69%23.99%24.45%24.10%
DIIs +16.66%14.13%14.90%14.42%14.76%
Public +8.92%8.74%8.73%8.75%8.79%
Others0.01%0.02%0.01%0.01%
Jun 2026
Promoters +
FIIs +
DIIs +
Public +
Others

Events Timeline

Annual Report FY26

FY2026PDFCompany Reports Open

Announcement under Regulation 30 (LODR)-Change in Management

Aug 04, 2026PDFCompany Reports Open

Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

Aug 03, 2026PDFCompany Reports Open

Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS

Jul 20, 2026PDFCompany Reports Open

Announcement under Regulation 30 (LODR)-Earnings Call Transcript

Jul 17, 2026PDFCompany Reports Open