HDFC AMC Q2 preview: AUM seen to increase 12% on-year; margin to likely expand 280 bps

The asset management company HDFC AMC is set to release its second quarter numbers on October 15. As per Zee Business Research inputs, the company will come out with good earnings for September quarter. Zee Business Research estimates the company's AUM to soar 12 per cent year-on-year (YoY) during the review period.

The company is expected to post 33 per cent on-year rise in profit after tax or PAT from Rs 436.5 crore reported in September quarter last year to Ra 579 crore in the same quarter this year.

The revenue of the asset management company with a m-cap of Rs 95,743 crore is seen to climb 34.5 per cent YoY to Rs 865 crore as against Rs 643 crore reported in the previous quarter of the last fiscal year. 

The operating margin or EBITDA is also set to rise by 40 per cent on-year to Rs 671.6 crore as against Rs 481 crore in the same quarter last year.

Also, margin at the company is seen expanding to 77.6 per cent in the September quarter, logging a 280 basis points increase over the 74.8 per cent logged in the same quarter last year.

The research team estimates the core annual PBT growth at the company at 45 per cent.

HDFC AMC share price

Ahead of the results, the company's shares ended higher by 0.73 per cent at Rs 4,482.05 per share on the BSE. The stock in the last one year has gained 57 per cent.