CRAMC
Canara Robeco Asset Management Company share price & financials
- Price
- ₹258.85
- Market cap
- ₹5.2k Cr
- Sector
- Financial Services
- Calls analysed
- 4
Canara Robeco Asset Management Company Limited Q1 FY27
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.
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
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 ledgerQuarterly results
Q1 FY27: revenue up 19.8%, net profit up 24.6% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 104 | 97 | 101 | 121 | 108 +4% | 121 +25% | 104 +3% | 145 +20% |
| EBITDA | 68 | 66 | 60 | 82 | 68 +0% | 73 +11% | 60 +0% | 102 +24% |
| Net profit | 50 | 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
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 ending | FY26 |
|---|---|
| Revenue | ₹454 Cr |
| Operating profit | ₹283 Cr |
| Operating margin | 62.3% |
| Interest | ₹1 Cr |
| Depreciation | ₹8 Cr |
| Net profit | ₹204 Cr |
| Net margin | 44.9% |
| ROCE | 40.0% |
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 ending | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| 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.
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 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.
| Holder | Stake | Change |
|---|---|---|
| Canara Bank- Mumbai Bank | 38.00% | unchanged |
| Orix Corporation Europe N V | 37.00% | unchanged |
| Nippon Life India Trustee Ltd-A/C Nippon India Small Cap Fund Mutual fund | 2.57% | unchanged |
| SBI PSU Fund Mutual fund | 1.79% | unchanged |
| Aditya Birla Sun Life Trustee Private Limited A/C Aditya Birla Sun Life Frontline Equity Fund Mutual fund | 1.57% | −0.28 pp |
| HSBC Mutual Fund - HSBC Aggressive Hybrid Fund Mutual fund | 1.01% | −0.21 pp |
| Canbank Venture Capital Fund Limited | 0.00% | unchanged |
| Farma Wiatrowa Wronczyn Sp. Z.o.o. (formerly known as Elawan Solar Polska Sp. z.o.o.) | 0.00% | unchanged |
| Elawan Wind 14, Sp. z o.o. | 0.00% | unchanged |
| Elawan Energy 25 Sp. Z.o.o. | 0.00% | unchanged |
| Elawan Energy 26 Sp. Z.o.o. | 0.00% | unchanged |
| Elawan Energy 27 Sp. Z.o.o. | 0.00% | unchanged |
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
| Scheme | Holding | Last month | Held since |
|---|---|---|---|
| Nippon India Small Cap Fund Nippon India Mutual Fund | ₹133 Cr | held | Oct '25 |
| SBI PSU Fund SBI Mutual Fund | ₹92 Cr | held | Oct '25 |
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 →Learn to analyse Canara Robeco Asset Management Company Limited
Guides on how to read this kind of business and the numbers that matter.