Aditya Birla Sun Life AMC Net Profit Drops 18% in Q4; Share Prices Up 

Mumbai, April 23: Aditya Birla Sun Life AMC Ltd (ABSLAMC) on Thursday announced its consolidated financial results for the quarter ended March 31, 2026 (Q4 FY26). ABSLAMC provides investment advisory, portfolio management services, and houses Aditya Birla Sun Life Mutual Fund, one of the leading asset management companies in India. 

The financials for Q4 FY26 were broadly resilient compared to a tough comparison year ago. However, volatile market conditions and related fair valuation losses took a toll on the bottom-line, primarily due to a steep contraction in other income. 

Net Profit 

Consolidated net profit stood at ₹187.11 crore in Q4 FY26 compared to ₹228.08 crore in Q4 FY25. The decline of 17.97% y-o-y was principally due to compression in other income. 

Revenue from Operations and Total Income

Revenue from operations in Q4 FY26 improved 6.84% y-o-y to ₹458.23 crore compared to ₹428.84 crore in Q4 FY25. This growth was mainly due to normalisation of asset management fee income as AUM levels remained robust during the quarter. 

However, if we take into account total income which includes other income, ABSLAMC’s total income contracted 15.07% y-o-y to ₹425.37 crore against ₹500.80 crore in Q4 FY25. This decline was solely due to the change in other income. 

Total Income & Total Expenses

Total income declined 15.07% y-o-y to ₹425.37 crore in Q4 FY26. On the expenses front, total expenses increased marginally by 5.21% y-o-y to ₹205.97 crore from ₹195.76 crore in Q4 FY25. Employee benefit expenses increased to ₹104.44 crore from ₹98.84 crore and other expenses decreased slightly to ₹71.80 crore from ₹73.91 crore. 

Operating margins were under pressure due to decline in income and rise in expenses. There were no exceptional items in Q4 FY26 and Q4 FY25. ABSLAMC did report a ₹2.82 crore exceptional expense in FY26 due to statutory impact of implementation of new Labour Codes with effect from November 2025. 

Full Year Numbers 

On an annual consolidated basis, ABSLAMC reported a net profit of ₹975.07 crore in FY26 versus ₹930.60 crore in FY25, an increase of 4.78%. 

Revenue from operations grew from ₹1,684.78 crore to ₹1,845.03 crore, up 9.51% compared to the previous financial year, primarily due to AUM growth and healthy management fee income recognition during FY26. 

ABSLAMC’s total income grew 3.71% y-o-y to ₹2,059.51 crore against ₹1,985.82 crore in FY25. Total expenses grew 6.72% to ₹791.13 crore from ₹741.28 crore in FY25 due to increase in employee costs which jumped to ₹397.08 crore from ₹365.19 crore. 

About the exceptional expense of ₹2.82 crore reported in FY26: This is linked to the statutory impact on account of implementation of new Labour Codes with effect from November 2025. There were no exceptional items in FY25. 

Stock Movement   

The stock price was trading at ₹1,056.90 up ₹36.95 or 3.62% on volume of 6.27 lakh shares. The indicative closing price is ₹1,047.35. Check out the intraday chart here. 

The stock opened around ₹1,020 at 9: 15 am on Thursday and hit a low of around ₹1,013–1,015 within the first few minutes of market open. It soon reversed higher and spent the rest of the session climbing north. Shares of ABSLAMC traded in a range of roughly ₹1,040 to ₹1,063 for the rest of the session, hitting an intraday high of around ₹1,063–1,065 in the afternoon. The stock pared some gains into the final hour of trading and was trading around ₹1,040–1,057 as of 2:40 pm. 

5-Day Price Chart 

ABSLAMC hit a high of around ₹1,072 on April 17 and a low of ₹1,020 on April 22, a decline of around 4.8% from the high to the low for the week. The stock mostly traded between ₹1,065 and ₹1,072 between April 17 and April 20. Most of the decline happened on April 21–22 when shares of ABSLAMC dumped sharply. The result-related spike on Thursday has pared some of the sell-off witnessed over the last couple of days. 

Order Book on Thursday

There are a total of 32,466 shares available with the intent to buy compared with 38,784 shares available to sell as of writing. This means that 54.43% of the order book is on the sell-side and 45.57% on the buy-side. 

The top bid (buy) is at ₹1,056.70 for 4 shares and top ask (sell) is at ₹1,057.25 for 30 shares. This means if you want to buy ABSLAMC stock right now, you will have to pay ₹1,057.25. However, there is a significant quantity of shares available at ₹1,056.30 for 224 shares. This means there is decent liquidity on the buy-side just below the current market price. 

The immediate resistance is at ₹1,063 where orders tend to add up. Overall, this is not a screaming buy-stock as of now but there are buyers in the market. However, sellers outnumber buyers at the moment. It will be interesting to see if the buying intensity increases as the stock trades higher off its recent lows. 

Source:

• https://www.bseindia.com/corporates/anndet_new.aspx?newsid=2a7eef73-e396-435b-8462-5a7b6b59c754&flag=D&type=A&scrip_CD=543374 
• https://www.nseindia.com/get-quote/equity/ABSLAMC/Aditya-Birla-Sun-Life-AMC-Limited