CRAMC

Canara Robeco Asset Management Company share price & financials

Price
₹258.85
Market cap
₹5.2k Cr
Calls analysed
4
Latest concall · Q1 FY27 · call held 22 Jul 2026

Canara Robeco Asset Management Company Limited Q1 FY27

Revenue from Operations ₹116.2 cr +20%Profit After Tax ₹75 cr +24%Total Income ₹145.8 cr +20%

What went well

  • Revenue from operations stood at ₹116.20 crores, a 20% year-on-year growth compared to ₹97 crores in Q1 FY26.
  • Total income reached ₹145.80 crores, also a 20% year-on-year growth from ₹121.30 crores in Q1 FY26.
  • Profit after tax was ₹75 crores, registering a 24% year-on-year growth.

What to watch

  • SIP account numbers are declining quarter-on-quarter and year-on-year, despite initiatives to reactivate old accounts.
  • Quarterly average AUM growth was only 1% quarter-on-quarter, despite equity performing better in Q1 FY27.
Read the full call →

What Canara Robeco Asset Management Company Limited does

Canara Robeco Asset Management Company is a SEBI-registered mutual fund manager that runs the schemes of Canara Robeco Mutual Fund and provides investment advisory services to clients, earning fees for managing investor money across equity and debt schemes. It reaches investors and distribution partners through a multi-channel network spanning banks, national distributors, mutual fund distributors (MFDs) and direct/digital channels. Per its Ind AS 108 disclosure, the company has no separately reportable business segments beyond this core asset-management activity.

Number of distributors (empaneled partners)
56,231
Number of branches
29
Investor folios
5.08 million
Outstanding SIP accounts
2.04 million
Distribution channels
Banks, national distributors, mutual fund distributors (MFDs), and direct/digital channels
Digital service platforms
Investor Portal, Investor App, Partner Portal, Partner App, Direct Invest Link, WhatsApp services, catalogue website
Headquarters Construction House, 4th Floor, 5, Walchand Hirachand Marg, Ballard Estate, Mumbai 400 001, India Company website

Guidance record · Q1 FY27

what the last two calls moved 12 tracked 2 delivered 1 missed 9 open
  • NFO Launch delivered said Q3 FY26 Promised: 1 NFO in next 2-3 months (Q4 FY26) Q1 FY27: Promise was for Q4 FY26 and was successfully completed in that quarter.
  • AUM Growth Rate missed said Q3 FY26 Promised: 20% going forward Q1 FY27: Reported 7% YoY quarterly average AUM growth, still significantly below the original 20% 'going forward' target. This promise remains unfulfilled.
  • Cost to Income Ratio revised up said Q3 FY26 Promised: hovering around the 40 mark Q1 FY27: Guidance was tightened to 'below 40', with a preferred range of 38-42%. This is a favorable revision from the previous quarter's '40-50%' range and closer to the original 'around 40' target.

All 12 tracked — every revision, and every one management stopped mentioning.

Open the guidance ledger

Quarterly results

Q1 FY27: revenue up 19.8%, net profit up 24.6% against the same quarter last year.

₹ Cr · quarterly
Line itemQ2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26Q4 FY26Q1 FY27
Revenue104 97 101 121 108 +4%121 +25%104 +3%145 +20%
EBITDA68 66 60 82 68 +0%73 +11%60 +0%102 +24%
Net profit50 48 42 61 49 −2%53 +10%41 −2%76 +25%
How to read this

₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.

Performance −20.5% 1Y

₹250₹300₹350Oct 25Nov 25Jan 26Feb 26Mar 26May 26Jun 26Aug 26Q3 FY26 — 27 Jan 2026Q4 FY26 — 4 May 2026Q1 FY27 — 22 Jul 2026

1Y: ₹300.45 on 16 Oct 2025 → ₹238.9. High ₹350.6 (27 Oct 2025), low ₹217.25 (30 Mar 2026).

How the price took the results

close before → close after

Q1 FY27
+5.8%
22 Jul
Q4 FY26
−2.9%
4 May
Q3 FY26
+0.8%
27 Jan

The move from the last close before each results date to the first close after it — the market's first read on the quarter, not the quarter itself.

Financials, as filed

Year endingFY26
Revenue₹454 Cr
Operating profit₹283 Cr
Operating margin62.3%
Interest₹1 Cr
Depreciation₹8 Cr
Net profit₹204 Cr
Net margin44.9%
ROCE40.0%
How to read this

From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.

Balance sheet

Year endingFY21FY22FY23FY24FY25FY26
Equity capital₹50 Cr₹50 Cr₹50 Cr₹50 Cr₹199 Cr₹199 Cr
Reserves₹176 Cr₹222 Cr₹279 Cr₹405 Cr₹480 Cr₹546 Cr
Borrowings₹0 Cr₹19 Cr₹17 Cr₹17 Cr₹19 Cr₹18 Cr
Other liabilities₹22 Cr₹24 Cr₹32 Cr₹46 Cr₹53 Cr₹55 Cr
Total liabilities₹248 Cr₹316 Cr₹378 Cr₹517 Cr₹751 Cr₹819 Cr
Fixed assets₹2 Cr₹20 Cr₹18 Cr₹17 Cr₹24 Cr₹23 Cr
Capital work in progress₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr
Investments₹223 Cr₹272 Cr₹330 Cr₹457 Cr₹659 Cr₹735 Cr
Other assets₹23 Cr₹24 Cr₹30 Cr₹43 Cr₹68 Cr₹60 Cr
Total assets₹248 Cr₹316 Cr₹378 Cr₹517 Cr₹751 Cr₹819 Cr
How to read this

As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.

Who owns it

As disclosed at Jun 2026

Since Dec 2025, the public added +3.25 pp while DIIs trimmed −3.14 pp. The shareholder count grew 11% to 1,67,479.

Promoters
75.0%
FIIs
1.3%
DIIs
9.3%
Public
14.4%

Since Dec 2025

  • Public +3.25 pp
  • DIIs −3.14 pp
  • FIIs −0.10 pp

How it drifted, 3 quarters

Over this window the public went from 11.1% to 14.4% — +3.3 pp.

Dec '25Mar '26Jun '26

Ownership split by quarter, oldest first. Dec '25: Promoters 75.0%, FIIs 1.4%, DIIs 12.5%, Public 11.1%.Mar '26: Promoters 75.0%, FIIs 1.7%, DIIs 10.2%, Public 13.1%.Jun '26: Promoters 75.0%, FIIs 1.3%, DIIs 9.3%, Public 14.4%.

Who was buying across the market this quarter →

Who is on the register

Named in the Jun 2026 filing

Every holder of Canara Robeco Asset Management Company Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.

A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.

Mutual funds in CRAMC

Filings to Aug 2026

0 new, 0 added, 0 trimmed, 0 sold out — net +0.00 L shares (+0.0%).

Held by funds
₹225 Cr
2 schemes
Biggest holder
Nippon India Small Cap Fund
₹133 Cr · 0.2% of that fund
SchemeHoldingLast month
Nippon India Small Cap Fund Nippon India Mutual Fund₹133 Crheld
SBI PSU Fund SBI Mutual Fund₹92 Crheld

HDFC, Nippon India and SBI schemes, from their monthly disclosures. Changes are counted in shares, so a price move never looks like buying or selling.

Mutual funds Aug 2026

0 added, 0 trimmed — net 0 shares (+0.0%)

Funds are sitting on
-18%
vs est. average cost
Held by funds
₹225 Cr
2 schemes · ≈ 4.3% of the company
Biggest holder
Nippon India Small Cap Fund
₹133 Cr · 0.2% of that fund

Shares held by these funds −2%

Oct '25 86.89 L shares Jul '26

All earnings calls (3)

Read the Q1 FY27 call →