Aditya Birla Sun Life AMC Ltd - Stock Valuation and Financial Performance

BSE: 543374 | NSE: ABSLAMC | Finance - Asset Management | Small Cap

Aditya Birla Sun AMC Share Price

827.10 8.65 1.06%
as on 21-Nov'24 16:59

DeciZen - make an informed investing decision on Aditya Birla Sun AMC

Overall Rating
Bole Toh

1. Quality

2. Valuation

Overvalued

3. Price Trend

Aditya Birla Sun Life AMC stock performance -

mw4me loader
P/E Ratio (SA):
26.51
Market Cap:
23,600.4 Cr.
52-wk low:
438.5
52-wk high:
847

Is Aditya Birla Sun Life AMC Ltd an attractive stock to invest in?

1. Is Aditya Birla Sun Life AMC Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Aditya Birla Sun Life AMC Ltd is a good quality company.

2. Is Aditya Birla Sun Life AMC Ltd undervalued or overvalued?

The key valuation ratios of Aditya Birla Sun Life AMC Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

3. Is Aditya Birla Sun Life AMC Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Strong which suggest that the price of Aditya Birla Sun Life AMC Ltd is likely to Rise in the short term. However, please check the rating on Quality and Valuation before investing

10 Year X-Ray of Aditya Birla Sun AMC:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Aditya Birla Sun Life AMC Ltd has performed well in majority of the past ten years indicating its past ten year financial track record is very good

Value Creation

Value Creation Index Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
ROCE % 33.1%44.2%36.8%47.4%53.1%50.4%45%45.2%33.7%35.6%-
Value Creation
Index
1.92.92.33.23.73.53.02.41.51.6-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 5747429381,2901,3851,2141,0411,2631,2051,3301,493
Sales YoY Gr.-29.1%26.5%37.5%7.3%-12.3%-14.3%21.4%-4.6%10.4%-
Adj EPS 4.47.37.711.915.616.917.922.920.526.930.9
YoY Gr.-66.1%5.2%54.6%31.5%8.3%6.1%28%-10.5%31%-
BVPS (₹) 21.628.834.44143.946.759.874.784.4106.2112.7
Adj Net
Profit
126210221342449486516661591774890
Cash Flow from Ops. 91.8231277303287492502550468684-
Debt/CF from Ops. 0000000000-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 9.8%-0.8%8.5%10.4%
Adj EPS 22.3%11.5%14.5%31%
BVPS19.4%19.4%21.1%25.8%
Share Price - - 12.2% 84.5%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
Return on
Equity %
22.728.924.331.536.837.333.633.725.127.328.2
Op. Profit
Mgn %
27.642.431.340.347.357.156.763.85856.857.9
Net Profit
Mgn %
2228.323.526.532.440.149.652.34958.259.6
Debt to
Equity
00000000000
Working Cap
Days
256240220120645849365354385
Cash Conv.
Cycle
-11-19-65-87-66-46-30-28-31-36363

Recent Performance Summary

Net Profit is growing at healthy rate in last 3 years 14.49%

Sales growth is good in last 4 quarters at 20.83%

Return on Equity has declined versus last 3 years average to 28.20%

Sales growth has been subdued in last 3 years 8.53%

Latest Financials - Aditya Birla Sun Life AMC Ltd.

Standalone Consolidated
TTM EPS (₹) 30.9 31.1
TTM Sales (₹ Cr.) 1,493 1,518
BVPS (₹.) 112.7 113.4
Reserves (₹ Cr.) 3,105 3,127
P/BV 7.26 7.21
PE 26.51 26.35
From the Market
52 Week Low / High (₹) 438.45 / 847.00
All Time Low / High (₹) 307.90 / 838.00
Market Cap (₹ Cr.) 23,600
Equity (₹ Cr.) 144.2
Face Value (₹) 5
Industry PE 34.2

Management X-Ray of Aditya Birla Sun AMC:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Aditya Birla Sun AMC

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Income6117579871,2941,3911,2151,1781,3791,3321,616
Interest Income5747429381,2901,3851,2141,0411,2631,2051,330
Other Income 361549461137116126286
Expenditure 426436652780743563493497543614
Interest Expense 0000056546
Operating Expenses 424431644771730536471474520588
Provisions 2589132116171920
Exceptional Items 0000000000
Profit Before Tax 1843203355156486526858827881,002
Taxes 58111114173199166170222197228
Profit After Tax 126209221341449486516660591774
Adjusted EPS (₹)4.47.37.711.915.616.917.922.920.526.9
Dividend Payout Ratio (%)0%0%19%58%67%68%29%50%50%50%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24

Equity and Liabilities

Equity Capital6218309911,1801,2631,3461,7232,2012,5093,154
Share Capital 18181818181818144144144
Reserves 6038129731,1621,2451,3281,7052,0572,3653,010
Minority Interest0000000000
Long Term Borrowings22624239934875505970120
Current Liabilities 95230200305197173224175198208
Trade Payables1930179144764637304858
Short term borrowings0000000000
Other Liabilities-19-30-179-144-76-46-37-30-48-58
Total Liabilities 9411,3021,5901,5191,4681,5941,9972,4342,7773,483

Assets

Non Current Asset 5185537731,4271,3871,5061,9092,3182,5983,381
Loan Asset 0000000000
Other Non Current Asset 5185537731,4271,3871,5061,9092,3182,5983,381
Current Asset 42374981792818889116178102
Current Investment3044836670000000
Other Current Asset11926615092818889116178102
Total Assets 9411,3021,5901,5191,4681,5941,9972,4342,7773,483

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Cash Flow From Operating Activity 92231277303287492502550468684
Cash Flow From Investing Activity -85-230-212-6568-66-340-298-134-512
Cash Flow From Financing Activity 00-60-240-361-422-162-255-334-168
Net Cash Flow 705-3-641-304
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24

Operational & Financial Ratios

EPS (₹)70116123190249270287232127
DPS (₹)002311116718383111014
BVPS (₹)3454615516557027489577584106

Performance Ratios

ROA (%)14.718.715.322.030.131.728.729.822.724.7
ROE (%)22.728.924.331.536.837.233.634.125.828.2
ROCE (%)33.144.236.847.453.150.445.045.233.735.6

Valuation Parameters

Price/Book(x)0.00.00.00.00.00.00.07.13.74.3

Aditya Birla Sun Life AMC Ltd Stock News

Aditya Birla Sun Life AMC Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Aditya Birla Sun AMC on 21-Nov-2024 16:59 is ₹827.1.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 21-Nov-2024 16:59 the market cap of Aditya Birla Sun AMC stood at ₹23,600.4.
The latest P/E ratio of Aditya Birla Sun AMC as of 21-Nov-2024 16:59 is 26.51.
The latest P/B ratio of Aditya Birla Sun AMC as of 21-Nov-2024 16:59 is 7.26.
The 52-week high of Aditya Birla Sun AMC is ₹847.0 and the 52-week low is ₹438.4.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Aditya Birla Sun AMC is ₹1,493 ( Cr.) .

About Aditya Birla Sun Life AMC Ltd

Aditya Birla Sun Life AMC is a joint venture between Aditya Birla Capital and Sun Life AMC. The company cater to a wide range of customers from individuals to institutions through this pan-India network and offering of customer solutions, which positions it well to attract a large segment of the Indian mutual fund market across varying customer requirements and risk profiles and to develop a broad customer franchise with a strong retail customer base. It has achieved this leadership position through its focus on consistent investment performance, extensive distribution network, brand, experienced management team and superior customer service.

Since the company’s inception in 1994, it has established a geographically diversified pan-India distribution presence. Its distribution network is extensive and multi-channeled with a significant physical as well as digital presence. It managed 118 schemes comprising 37 equity schemes (including, among others, diversified, tax saving, hybrid and sector schemes), 68 debt schemes (including, among others, ultra short-duration, short-duration and fixed-maturity schemes), 2 liquid schemes, 5 ETFs and six domestic FoFs, as of June 30, 2021. Its flagship schemes include Aditya Birla Sun Life Frontline Equity Fund and Aditya Birla Sun Life Corporate Bond Fund, both of which have grown to become leading funds in India under its management.

Business area of the company

The company operates as an investment management firm. The company offers portfolio advisory and wealth management services.

Awards and Accreditations

  • 2018: Moneycontrol Wealth Creator Awards 2018
  • 2018: Asia Asset Management 2018 Best of the Best Awards.
  • 2019: Asia Asset Management 2019 Best of the Best Awards.
  • 2019: Outlook Money Awards 2019.
  • 2019: Morningstar Awards 2019.
  • 2020: Asia Asset Management 2020 Best of the Best Awards.
  • 2021: Outlook Money Awards 2020.
  • 2021: Asia Asset Management 2021 Best of the Best Awards.

Major Events and Milestones

  • 1994: The Aditya Birla group and The Capital Group of Companies, Inc. USA jointly set up Birla Capital International AMC Limited.
  • 1995: first equity fund - Birla Advantage Fund and first debt scheme - Birla Income Plus was launched.
  • 1996: Expanded operations in Mauritius through Subsidiary, Aditya Birla Sun life AMC (Mauritius).
  • 1999: Acquired rights to manage the schemes of Apple AMC and entered into the Existing Shareholders Agreement with inter alia Sun Life AMC, Sun Life Assurance Company of Canada.
  • 2002: Launched portfolio management services.
  • 2005: Acquired rights to manage the schemes of Alliance Capital Mutual Fund.
  • 2008: Launched our CSIP with life insurance cover at 100 times the first SIP amount (after a three year period).
  • 2011: Expanded business in Singapore and Dubai through our Subsidiaries Aditya Birla Sun Life Asset Management Company Pte Ltd and Aditya Birla Sun Life Asset Management Company, respectively.
  • 2012: Launched Aditya Birla Financial Services Privilege Club, a loyalty program for MFDs.
  • 2014: Conducted first investment event - Voyage, which is annual flagship investment event.
  • 2014: Acquired rights to manage the schemes of ING AMC.
  • 2014: Mutual fund QAAUM (excluding its domestic FoFs) crossed Rs 1,000 billion as of September 30, 2014.
  • 2015: Launched personal finance magazine Samriddhi in select Shatabdi Trains which has reached over 5 million passengers across various routes, of June 30, 2021.
  • 2016: Launched “Active Account” application, to facilitate quick and easy transactions in liquid funds.
  • 2016: Launched ‘Investors Hangout’ and the same received over 70,000 active users and over 5.5 million YouTube views, as of June 30, 2021.
  • 2017: Launch of instant redemption facility for liquid fund investors.
  • 2018: Achieved over 6 million total folios (including our domestic FoFs).
  • 2018: Mutual fund QAAUM (excluding its domestic FoFs) crossed Rs 2,500 billion as of September 30, 2018.
  • 2021: Crossed closing AUM milestone of Rs 3,000 billion on July 29, 2021.
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