ICICI Prudential Asset Management Company (ICICIAMC) Q1 26/27 earnings summary

Executive summary

• Quarterly average AUM grew 18.3% year-over-year to INR 11.17 lakh crore (₹11,172.22 billion), maintaining a 13.4% market share and leadership in equity and hybrid segments.

• Operating profit before tax for Q1 FY27 rose 20.2% year-over-year to ₹11.0 billion, with profit after tax up 23.1% to ₹9.6 billion.

• Unique customer count increased to 17.3 million, and systematic transactions for June 2026 rose to ₹48.72 billion.

• Unaudited financial results for the quarter ended June 30, 2026, were approved by the Board and reviewed by statutory auditors, confirming compliance with regulatory requirements.

• No negative impact from TER regulation changes; robust new customer additions and product launches in SIF and alternates.

Financial highlights

• Revenue from operations for Q1 FY27 was ₹15,642.2 million, up 17.6% year-over-year.

• Profit before tax reached ₹12,806.5 million, a 20.6% increase year-over-year.

• Profit after tax stood at ₹9,646.3 million, up 23.1% year-over-year.

• Operating expenses rose 11.7% year-on-year, mainly due to employee expenses and ESOP charges.

• Basic earnings per share for the quarter was ₹19.52, up from ₹15.55 year-over-year.

Outlook and guidance

• Continued focus on dynamic asset allocation, hybrid products, and expanding investment management services, including new mandates from recent business transfers.

• Emphasis on technology, automation, and AI-driven solutions to enhance customer and distributor experience.

• Regular product launches planned, including life cycle funds and sector rotation SIFs.

• Expectation of sustained leadership in equity and hybrid segments, with ongoing innovation in alternates and passive products.