HDFC AMC Ltd's Q1FY19 net profit rises 24.7% yoy to Rs205cr

HDFC AMC Ltd’s revenue grew by 20.7% yoy to Rs471cr

Aug 22, 2018 06:08 IST India Infoline News Service

Results Q1FY19 (In Rs Cr)
Q1FY19 YoY (%)
Revenue 471 20.7
EBITDA 267 28.9
EBITDA margin (%) 56.73 359
Net Profit (adjusted) 205 24.7
EBITDA margin change in bps

HDFC AMC Ltd’s revenue grew by 20.7% yoy to Rs471cr. EBITDA came in at Rs267cr, up 28.9% yoy. EBITDA margin expanded by 359bps yoy to 56.73%. Adjusted PAT increased by 24.7% yoy to Rs205cr.

• In Q1FY19, its equity and non-equity oriented AUM stood at Rs1.51lakh cr and Rs1.50lakh cr respectively.
• Total AUM grew by ~22% yoy to Rs3.01lakh cr.
• No. of live individual accounts grew by ~29% yoy to 83.6lakh.
• Employee benefit expenses stood at 11.4% of sales vs 11% yoy.
• Other expenses stood at 31.9% of sales vs 35.9% yoy aiding in EBITDA margin expansion.
• Tax rate stood at 30.3% vs. 29% yoy.

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