Aditya Birla Capital (ABCAPITAL) Q3 25/26 earnings summary

Executive summary

• Consolidated revenue for Q3 FY26 rose 30% year-over-year to ₹14,181 crore, with profit after tax up 41% to ₹983 crore, excluding exceptional items.

• Lending portfolio grew 30% year-over-year to ₹1,90,386 crore; total AUM across AMC, life, and health insurance increased 19% year-over-year to ₹5,98,166 crore.

• Strong digital adoption and omnichannel platforms have driven customer engagement, operational efficiency, and productivity.

• Major capital infusion of ₹2,750 crore in the housing finance subsidiary from Advent International, valuing the business at ₹19,250 crore post-money.

• Board approved unaudited standalone and consolidated results for the quarter and nine months ended December 31, 2025.

Financial highlights

• Standalone profit after tax (excluding exceptional items) grew 24% year-over-year to ₹749 crore; consolidated Q3 FY26 revenue from operations: ₹11,952.09 crore; profit after tax attributable to owners: ₹945.02 crore.

• Lending (excluding HFC) PAT grew 30% year-over-year to ₹1,047 crore; HFC PAT surged 115% to ₹236 crore.

• Asset management PAT increased 20% year-over-year to ₹270 crore; Life insurance PAT doubled to ₹86 crore.

• Health insurance loss narrowed to ₹67 crore from ₹81 crore year-over-year.

• Standalone ROE improved to 15.2% in Q3 FY26 from 13.2% in Q3 FY25.

Outlook and guidance

• NBFC loan book expected to grow at 24-25% annually, aiming to double in three years.

• Housing finance ROA target of 2.1-2.2% expected to be achieved ahead of schedule.

• Continued focus on digital transformation, operating leverage, and expanding market share while maintaining asset quality.

• Targeting further market share gains and improved ROA across business lines.

• Housing finance subsidiary to receive ₹2,750 crore capital infusion from Advent International, pending regulatory approvals, to support growth and market share expansion.