Aditya Birla Sun Life AMC Limited conducted an Earnings Conference Call for the quarter ended June 30, 2026 (Q1 FY27). The call was held on Tuesday, July 21, 2026, and the transcript was submitted to stock exchanges pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The management team participants included:

  • Mr. A. Balasubramanian – Managing Director and Chief Executive Officer
  • Mr. Pradeep Sharma – Chief Financial Officer
  • Mr. Paritosh Chittora – Head of Investor Relations

The purpose of the event was to discuss the company's unaudited financial results for Q1 FY27 and provide business updates. The earnings presentation was made available on both stock exchanges and the company website at https://mutualfund.adityabirlacapital.com/shareholders/financials.

Financial Highlights Discussed:

  • Q1 FY27 total revenue: ₹625 crore (up 11% YoY from ₹565 crore in Q1 FY26)
  • Q1 FY27 profit before tax: ₹406 crore (up 9% YoY from ₹372 crore)
  • Q1 FY27 profit after tax: ₹309 crore (up 12% YoY from ₹277 crore)
  • Overall average AUM including Alternate assets: ₹6.28 lakh crore (42% YoY growth)
  • Mutual fund quarterly average AUM: ₹4.28 lakh crore (6% YoY growth)
  • Equity mutual fund quarterly average AUM: ₹1.99 lakh crore (10% YoY growth)
  • Equity mix for the quarter: 46.5%
  • SIP contribution for June 2026: ₹1,085 crores
  • Total investor folios: 1.11 crore
  • New SIP registrations for the quarter: approximately 5.5 lakh

Business Updates:

  • Total AUM crossed ₹10 lakh crore milestone, including EPFO mandate of approximately ₹6.08 lakh crore
  • PMS and AIF assets increased to nearly ₹2 lakh crore (includes EPFO flows)
  • Passive quarterly average AUM: approximately ₹40,000 crore (14% YoY growth)
  • Real estate business AUM: approximately ₹700 crore (25% YoY growth)
  • Employee count: 1,638 as of June 2026

Strategic Initiatives:

  • Launched Gen AI-powered chatbot for investor engagement
  • Introduced new distributors and investors app
  • WhatsApp-enabled servicing platform launched
  • Received retail license at GIFT City
  • Appointed Hemen Bhatia as Head of Passives
  • Focus on building passive funds, alternates, and digital transformation

Yield Levels Disclosed:

  • Equity: 63-64 basis points
  • Debt: 24-25 basis points
  • Liquid: 12-13 basis points
  • ETF: ~8 basis points

Expense Guidance:

  • Employee cost increased due to ESOP implementation (₹10 crores per quarter impact)
  • OPEX expected to remain within inflationary guidelines

Additional Notes Section

The document contains the full transcript of the earnings conference call, including management commentary and Q&A session with analysts from 360 ONE Capital, Centrum Capital, Equirus Securities, Kotak Securities, and Citibank.

The company has not indicated that any unpublished price sensitive information (UPSI) was shared during the call. The transcript was edited for clarity and may contain transcription errors.