UTI AMC Q2 Core PAT Rises 22% YoY to ₹131 Crore

UTI Asset Management Company Limited – Investor Presentation Summary

Key Operational Highlights

Total Group AUM stood at ₹16,28,189 crore as of 30th September 2026
Mutual Fund QAAUM reached ₹4,02,337 crore in Q2 FY27, showing 6.32% YoY growth
Total live folios stood at 1.47 crore as on 30th September 2026
Geographical presence in 699 districts across India, among highest in industry
Network of 256 branches with 204 branches located in B30 cities
Gross inflow mobilized through SIP for Q2 FY26 stood at ₹2,583 crore
SIP AUM reached ₹45,572 crore, increase of 7.82% compared to September 2025 (₹42,267 crore)
Digital purchase transactions reached 86.74 lakh, increase of 64.43% YoY

Key drivers of operational performance:

Strong SIP franchise, growing digital adoption, expanding investor base, focus on B30 cities, and multi-channel distribution network

Segment-wise Performance

Mutual Funds:

Equity Assets (Active + Passive) contributed 72% to total average AUM
Ratio of equity oriented QAAUM to non-equity oriented QAAUM was 72:28 vs industry ratio of 62:38
Category-wise QAAUM showed passive funds demonstrating 15.61% YoY growth

Subsidiaries Performance (H1 FY27):

UTI International Ltd: AUM ₹16,063 crore, Sale of Services ₹47.5 crore (-29% YoY)
UTI Pension Fund Ltd: AUM ₹431,769 crore, Sale of Services ₹86.8 crore (+18% YoY)
UTI Alternatives Pvt. Ltd: AUM ₹4,045 crore, Sale of Services ₹14.6 crore (+80% YoY)
UTI HART Financial: Total Income ₹0.4 crore

Financial Highlights

Consolidated Q2 FY27:

Revenue from Operations: ₹414 crore (-1% YoY, -29% QoQ)
EBITDA: Not explicitly specified
PAT: ₹132 crore (+17% YoY, -55% QoQ)
Core PAT: ₹131 crore (+22% YoY, +2% QoQ)
PAT Margins: 32% (vs 27% in Q2 FY26)

Consolidated H1 FY27:

Revenue from Operations: ₹983 crore (+2% YoY)
PAT: ₹426 crore (+22% YoY)
Core PAT: ₹263 crore (+15% YoY)
PAT Margins: 43% (vs 36% in H1 FY26)

Standalone Q2 FY27:

Revenue from Operations: ₹336 crore (-14% YoY, -23% QoQ)
PAT: ₹143 crore (-14% YoY, -34% QoQ)
Core PAT: ₹136 crore (+31% YoY, +14% QoQ)
PAT Margins: 42% (same as Q2 FY26)

Standalone H1 FY27:

Revenue from Operations: ₹770 crore (-7% YoY)
PAT: ₹361 crore (-5% YoY)
Core PAT: ₹253 crore (+14% YoY)
PAT Margins: 47% (vs 46% in H1 FY26)

Revenue Breakdown

Sale of Services (Consolidated):

MF Fees: ₹319 crore Q2 FY27 (+3% YoY), ₹623 crore H1 FY27
PMS Fees: ₹5 crore Q2 FY27 (-38% YoY), ₹9 crore H1 FY27
UTI International: ₹24 crore Q2 FY27 (-29% YoY), ₹48 crore H1 FY27
UTI PFL: ₹45 crore Q2 FY27 (+18% YoY), ₹87 crore H1 FY27
UTI Alternatives: ₹9 crore Q2 FY27 (+80% YoY), ₹15 crore H1 FY27

Geographical Revenue Split

Domestic vs Export/Regional Revenue: Not explicitly specified
Strong penetration in B30 cities with high share
International presence through UTI International with offices in Singapore, London, Dubai, New York & Paris

Balance Sheet Snapshot

Consolidated (30th Sep 2026 vs 31st Mar 2026):

Financial Assets: ₹4,460 crore (-2%)
Non-Financial Assets: ₹496 crore (-3%)
Total Assets: ₹4,956 crore (-2%)
Financial Liabilities: ₹262 crore (-10%)
Non-financial Liabilities: ₹280 crore (+14%)
Equity: ₹4,414 crore (-2%)

Standalone (30th Sep 2026 vs 31st Mar 2026):

Financial Assets: ₹3,573 crore (-4%)
Non-Financial Assets: ₹467 crore (-3%)
Total Assets: ₹4,040 crore (-4%)
Financial Liabilities: ₹202 crore (-10%)
Non-financial Liabilities: ₹267 crore (+16%)
Equity: ₹3,571 crore (-4%)

Investments Portfolio (30th September 2026)

Mutual Funds: ₹2,805 crore (64.8% of total investments)
Offshore Funds: ₹600 crore (13.9%)
Fixed Deposits: ₹383 crore (8.8%)
Bonds & G-Secs: ₹306 crore (7.1%)
AIFs & Other Equity: ₹235 crore (5.4%)
Total: ₹4,329 crore allocated as 23% Equity, 10% Hybrid, 67% Debt & Liquid

Capex & Cash Flow Health

Capital Expenditure: Not explicitly specified
Free Cash Flow: Not explicitly specified
Operating Cash Flow: Not explicitly specified
Net Debt Movement: Not explicitly specified

Strategic & R&D Initiatives

Digital Transformation: 15% growth in digital SIP transactions in Q2 FY27 YoY
44.20% of total gross sales of equity & hybrid funds mobilized through platforms in Q2 FY27
Leveraging Salesforce Marketing Automation for cross-selling and upselling
Implementation of Agentic AI Contact Center (VAANI)
Early adoption of Account Aggregator Ecosystem
Live on ONDC Network as Seller
Trademarked and launched SIPizen to promote SIPs
Enterprise data platform 'UDAAN' launched

Industry Trends & Business Environment

EPFO's February 2026 reallocation of assets after expanding fixed income mandate from two managers to four affected Group AUM
Growing acceptance of digital channels in asset management
Increasing SIP adoption across India

Management Commentary & Growth Outlook

Mr. Vetri Subramaniam, MD & CEO: "Our Q2 and H1 FY27 performance reflects steady progress in strengthening our franchise and expanding investor participation. With our mutual fund QAAUM rising to ₹4.02 lakh crore in Q2 FY27, equity schemes recording ₹3,415 crore in net inflows during H1 FY27, and our share of wallet improving to 3.82%, we are focused on building sustainable growth. The strength of our SIP franchise, growing digital adoption and expanding investor base reinforce our commitment to deepening market participation and delivering long-term value under Mission 2031."

ESG Updates

ESG Ratings: CRISIL 64.1 (Low Risk), SES 82.8 (Grade A, Low Risk), NSE 71 (Top 35%), Sustainalytics 23.4 (Medium Risk)
Signatory to UNPRI since 2020 and Climate Action 100+
ISO/IEC 27001:2022 Certification obtained in September 2025
100% renewable energy usage at corporate tower
Workforce gender diversity at 26% female representation
Robust Risk Management Framework with regular monitoring

Corporate Governance

Professionally managed listed company with no identifiable promoters
Major shareholders: SBI, Bank of Baroda, LIC (9.85% each), T. Rowe Price International Ltd (largest shareholder), Punjab National Bank (15.03%)
Well-constituted strong Board with 6 of 9 members being independent