EDELWEISS

Edelweiss Financial Services share price & financials

Price
₹118.85
Market cap
₹12.5k Cr
Sector
Financial Services
Calls analysed
3
Latest concall · Q4 FY26 · call held 30 Apr 2026

Edelweiss.Fin. Q4 FY26

Consolidated PAT ₹547 cr +27%

What went well

  • Consolidated PAT increased by 27% from INR399 crores to INR547 crores, despite exceptional items.
  • Alternative asset management FPAUM grew 32% Y-o-Y to INR44,000 crores, and mutual fund AUM grew 25% to INR78,000 crores.
  • MSME disbursements saw a significant 200% growth, with a target of INR1,700-2,000 crores next year.

What to watch

  • Operating businesses PAT fell from INR566 crores to INR520 crores, impacted by INR134 crores in exceptional items.
  • Insurance business losses increased due to INR110 crores in exceptional items (GST and Labour Code impact).
Read the full call →

What Edelweiss Financial Services Limited does

Edelweiss Financial Services Limited is a diversified financial-services holding company operating through seven businesses run under separate group entities: alternative asset management (EAAA), mutual fund (Edelweiss Asset Management), asset reconstruction (Edelweiss ARC/EARC), an NBFC lending arm (ECL Finance), housing finance (Nido Home Finance), general insurance (Zuno General Insurance) and life insurance (Edelweiss Life Insurance). It earns fees, interest and premium income by managing alternative and mutual fund assets for institutional and retail investors, acquiring and recovering stressed corporate loans, originating secured MSME and wholesale credit, financing home loans, and underwriting general and life insurance policies distributed through agents, branches and digital channels.

Segments

  • Alternative Asset Management (EAAA)
  • Mutual Fund (Edelweiss Asset Management)
  • Asset Reconstruction (Edelweiss ARC)
  • NBFC (ECL Finance)
  • Housing Finance (Nido Home Finance)
  • General Insurance (Zuno General Insurance)
  • Life Insurance (Edelweiss Life Insurance, rebranded from Edelweiss Tokio Life)
Operating businesses under the group
7 (Alternative Asset Management, Mutual Fund, Asset Reconstruction, NBFC, Housing Finance, General Insurance, Life Insurance)
Total customer reach across businesses
14 million
Mutual fund active retail folios
37 lakh (~3.7 million)
General insurance customers serviced since inception
93 lakh (~9.3 million)
Life insurance branch network
103 branches
Life insurance agent network
~73,000 agents
Founded 1995Headquarters Edelweiss House, off. C.S.T. Road, Kalina, Mumbai - 400098, Maharashtra Company website

Guidance record · Q4 FY26

what the last two calls moved 13 tracked 2 delivered 1 missed 10 open
  • NBFC MSME Disbursements delivered said Q1 FY26 Promised: INR 1,000 crores disbursements this year Q4 FY26: Achieved INR 1,000 crores in MSME disbursements for FY26, meeting the original target. This represents a 200% YoY growth.
  • Underlying Business PAT Growth missed said Q1 FY26 Promised: 25% PAT growth of underlying businesses Q4 FY26: Operating business PAT fell to INR 520 cr from INR 566 cr last year, missing the 20-30% growth target. Management cited exceptional items and reiterated guidance for the next year.
  • Corporate Debt Reduction Amount at risk said Q1 FY26 Promised: Reduce corporate debt by INR 3,500 to 4,500 crores over the next couple of years Q4 FY26: Debt remained flat YoY at INR 6,400 cr. With one year of the 'couple of years' timeline passed, the significant reduction target is at risk. Management has set a new, more aggressive target.

All 13 tracked — every revision, and every one management stopped mentioning.

Open the guidance ledger

Quarterly results

Q1 FY27: revenue up 3.7%, net profit up 30.1% against the same quarter last year.

₹ Cr · quarterly
Line itemQ2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26Q4 FY26Q1 FY27
Revenue2,795 1,898 2,280 2,246 1,861 −33%4,400 +132%1,918 −16%2,328 +4%
EBITDA981 730 727 797 606 −38%1,198 +64%498 −31%593 −26%
Net profit137 155 158 103 175 +28%270 +74%132 −16%134 +30%
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 +15.1% 1Y

₹100₹110₹120₹130₹140Sept 25Oct 25Dec 25Jan 26Mar 26Apr 26Jun 26Jul 26Sept 26Q2 FY26 — 11 Nov 2025Q4 FY26 — 30 Apr 2026

1Y: ₹115.03 on 10 Sept 2025 → ₹132.43. High ₹138.8 (8 Sept 2026), low ₹99.67 (30 Mar 2026).

How the price took the results

close before → close after

Q4 FY26
−7.8%
30 Apr
Q2 FY26
+1.3%
11 Nov

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

Revenue grew 11.3% a year over 3 years, FY23 to FY26. Operating margin narrowed to 29.7%.

Year endingFY23FY24FY25FY26
Revenue₹7.6k Cr₹9.5k Cr₹9.3k Cr₹10.4k Cr
Operating profit₹4.0k Cr₹3.2k Cr₹3.2k Cr₹3.1k Cr
Operating margin53.6%33.9%34.9%29.7%
Interest₹2.0k Cr₹2.8k Cr₹2.5k Cr₹2.5k Cr
Depreciation₹88 Cr₹126 Cr₹147 Cr₹144 Cr
Net profit₹2.5k Cr₹528 Cr₹535 Cr₹680 Cr
Net margin33.6%5.6%5.8%6.5%
ROCE10.0%12.0%13.0%14.0%
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₹89 Cr₹90 Cr₹90 Cr₹90 Cr₹95 Cr₹95 Cr
Reserves₹6.5k Cr₹6.4k Cr₹6.7k Cr₹4.7k Cr₹4.3k Cr₹4.5k Cr
Borrowings₹28.4k Cr₹22.8k Cr₹21.8k Cr₹20.4k Cr₹19.5k Cr₹18.6k Cr
Other liabilities₹11.1k Cr₹13.8k Cr₹15.3k Cr₹17.6k Cr₹18.3k Cr₹19.8k Cr
Total liabilities₹46.1k Cr₹43.1k Cr₹43.9k Cr₹42.7k Cr₹42.2k Cr₹43.0k Cr
Fixed assets₹1.8k Cr₹1.6k Cr₹1.4k Cr₹1.3k Cr₹1.3k Cr₹1.1k Cr
Capital work in progress₹13 Cr₹20 Cr₹25 Cr₹36 Cr₹1 Cr₹21 Cr
Investments₹12.9k Cr₹14.1k Cr₹17.2k Cr₹18.5k Cr₹18.7k Cr₹19.9k Cr
Other assets₹31.5k Cr₹27.3k Cr₹25.3k Cr₹22.9k Cr₹22.2k Cr₹22.0k Cr
Total assets₹46.1k Cr₹43.1k Cr₹43.9k Cr₹42.7k Cr₹42.2k Cr₹43.0k 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 Jun 2025, FIIs trimmed −5.86 pp while the public added +3.50 pp. The shareholder count grew 34% to 3,52,071.

Promoters
32.3%
FIIs
19.5%
DIIs
7.3%
Public
41.0%

Since Jun 2025

  • FIIs −5.86 pp
  • Public +3.50 pp
  • DIIs +3.49 pp

How it drifted, 12 quarters

Over this window the public went from 28.6% to 41.0% — +12.5 pp.

Sep '23Dec '24Jun '26

Ownership split by quarter, oldest first. Sep '23: Promoters 32.8%, FIIs 31.3%, DIIs 2.6%, Public 28.6%, Others 4.8%.Dec '23: Promoters 32.8%, FIIs 30.5%, DIIs 2.7%, Public 29.3%, Others 4.8%.Mar '24: Promoters 32.8%, FIIs 28.9%, DIIs 2.7%, Public 30.9%, Others 4.8%.Jun '24: Promoters 32.8%, FIIs 28.3%, DIIs 2.7%, Public 31.5%, Others 4.8%.Sep '24: Promoters 32.7%, FIIs 28.0%, DIIs 3.1%, Public 33.5%, Others 2.7%.Dec '24: Promoters 32.7%, FIIs 26.9%, DIIs 3.2%, Public 34.6%, Others 2.6%.Mar '25: Promoters 32.7%, FIIs 28.2%, DIIs 3.1%, Public 33.3%, Others 2.6%.Jun '25: Promoters 32.7%, FIIs 25.3%, DIIs 3.8%, Public 37.5%, Others 0.7%.Sep '25: Promoters 32.7%, FIIs 19.6%, DIIs 5.2%, Public 42.5%.Dec '25: Promoters 32.7%, FIIs 18.4%, DIIs 5.7%, Public 43.2%.Mar '26: Promoters 32.3%, FIIs 19.0%, DIIs 6.5%, Public 42.3%.Jun '26: Promoters 32.3%, FIIs 19.5%, DIIs 7.3%, Public 41.0%.

Who was buying across the market this quarter →

Who is on the register

Named in the Jun 2026 filing

Every holder of Edelweiss Financial Services Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.

HolderStakeChange
Rashesh Chandrakant Shah 16.55%unchanged
Venkatchalam A Ramaswamy 4.70%unchanged
Mabella Trustee Services Private Limited (on behalf of M/s. Shah Family Discretionary Trust) 4.09%unchanged
Vidya Rashesh Shah 3.73%unchanged
Aparna T Chandrashekar 2.54%unchanged
College Retirement Equities Fund - Stock Account Endowment2.48%unchanged
Life Insurance Corporation Of India Insurer2.27%−0.30 pp
Pabrai Wagons Fund Global fund house1.54%unchanged
1729 Capital AIF1.17%unchanged
Nuveen Emerging Markets Equity Fund FPI fund1.07%unchanged
Arjuna Fund Pte. Ltd. FPI fund1.06%unchanged
Deven Pravinchandra Waghani 1.02%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.

All earnings calls (3)

Read the Q4 FY26 call →

Learn to analyse Edelweiss Financial Services Limited

Guides on how to read this kind of business and the numbers that matter.