UTIAMC
UTI AMC share price & financials
- Price
- ₹950.25
- Market cap
- ₹11.6k Cr
- Sector
- Financial Services
- Calls analysed
- 8
UTI AMC Q1 FY27
What went well
- Consolidated PAT for Q1 FY27 increased 6% YoY to ₹129 crores, demonstrating healthy growth.
- Consolidated EBITDA for Q1 FY27 grew 3% YoY to ₹178 crores, reflecting improved operational efficiency.
- Mutual Fund Quarterly Average AUM (QAAUM) reached ₹3,92,691 crores, contributing to a total group AUM of slightly over ₹20,00,000 crores.
What to watch
- PMS AUM declined by ₹3,16,000 crores quarter-on-quarter due to the implementation of the revised EPFO mandate and consequent asset transfer.
- UTI Pension Fund's share of the NPS industry AUM decreased to 24.16% from 24.67% at the end of Q1 FY26.
What UTI AMC does
UTI Asset Management Company manages investor money across mutual funds, portfolio management services (PMS), National Pension System (NPS) funds, alternative investment funds (AIFs), and offshore advisory mandates, earning fee income on assets under management. It distributes mutual fund products through a network of direct distributors, mutual fund distributors (MFDs), banks, national distributors and fintech partners spread across most of India's districts, alongside a network of company-run investor service branches. It also runs a dedicated NPS point-of-presence branch network for government and non-government pension subscribers. Its subsidiaries UTI International, UTI Pension Fund, UTI Alternatives and UTI HART Financial and Investment Services extend the group into offshore funds, pension management, alternative funds and other financial services.
Segments
- UTI Mutual Fund (UTI MF)
- Portfolio Management Services (PMS)
- UTI Pension Fund Limited (UTI PFL)
- UTI Alternatives
- UTI International
- Live investor folios
- 1.38 crore
- Total group employees
- 1,435 (1,248 at UTI MF, 187 at subsidiaries)
- UTI Financial Centres (branches)
- 254 (204 in B30/beyond-top-30 cities)
- Districts covered across India
- 699
- Empanelled mutual fund distributors (MFDs)
- ~98,527
- District Associates
- 81
Guidance record · Q1 FY27
what the last two calls moved 27 tracked 4 delivered 12 missed 11 open- Standalone Blended Yield Benchmark delivered said Q4 FY24 Promised: 34 bps Q1 FY27: Target period (Q1 FY25) has passed. The final verdict of 'achieved' remains.
- Effective Tax Rate went quiet said Q2 FY24 Promised: 20-21% Q1 FY27: Target period (FY24) has passed. The final verdict of 'ghosted' remains.
- Tax Rate revised up said Q4 FY25 Promised: 23% to 24% Q1 FY27: Target period (FY26) has passed. The final verdict of 'revised_up' remains.
All 27 tracked — every revision, and every one management stopped mentioning.
Open the guidance ledgerQuarterly results
Q1 FY27: revenue up 6.8%, net profit up 15.7% 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 | 538 | 418 | 376 | 547 | 419 −22% | 517 +24% | 390 +4% | 584 +7% |
| EBITDA | 348 | 233 | 169 | 340 | 177 −49% | 302 +30% | -12 −107% | 383 +13% |
| Net profit | 263 | 174 | 102 | 254 | 132 −50% | 138 −21% | -51 −150% | 294 +16% |
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 −32.2% 1Y
1Y: ₹1,342 on 10 Sept 2025 → ₹910. High ₹1,401.8 (17 Oct 2025), low ₹870.55 (31 Aug 2026).
How the price took the results
close before → close after
- Q1 FY27
- −0.6%
- 23 Jul
- Q4 FY26
- −1.3%
- 28 Apr
- Q2 FY26
- −4.4%
- 18 Oct
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 12.3% a year over 3 years, FY23 to FY26. Operating margin narrowed to 43.1%.
| Year ending | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Revenue | ₹1.3k Cr | ₹1.7k Cr | ₹1.9k Cr | ₹1.9k Cr |
| Operating profit | ₹612 Cr | ₹1.0k Cr | ₹1.1k Cr | ₹807 Cr |
| Operating margin | 46.2% | 59.5% | 59.2% | 43.1% |
| Interest | ₹8 Cr | ₹12 Cr | ₹12 Cr | ₹12 Cr |
| Depreciation | ₹40 Cr | ₹42 Cr | ₹45 Cr | ₹51 Cr |
| Net profit | ₹440 Cr | ₹801 Cr | ₹813 Cr | ₹473 Cr |
| Net margin | 33.2% | 46.1% | 43.7% | 25.3% |
| ROCE | 16.0% | 23.0% | 21.0% | 16.0% |
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 | ₹127 Cr | ₹127 Cr | ₹127 Cr | ₹127 Cr | ₹128 Cr | ₹129 Cr |
| Reserves | ₹3.1k Cr | ₹3.5k Cr | ₹3.7k Cr | ₹4.3k Cr | ₹4.3k Cr | ₹4.4k Cr |
| Borrowings | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹141 Cr |
| Other liabilities | ₹398 Cr | ₹363 Cr | ₹307 Cr | ₹953 Cr | ₹1.1k Cr | ₹398 Cr |
| Total liabilities | ₹3.6k Cr | ₹4.0k Cr | ₹4.2k Cr | ₹5.3k Cr | ₹5.4k Cr | ₹5.0k Cr |
| Fixed assets | ₹360 Cr | ₹357 Cr | ₹368 Cr | ₹412 Cr | ₹408 Cr | ₹405 Cr |
| Capital work in progress | ₹5 Cr | ₹8 Cr | ₹9 Cr | ₹3 Cr | ₹2 Cr | ₹4 Cr |
| Investments | ₹2.7k Cr | ₹3.0k Cr | ₹3.2k Cr | ₹4.4k Cr | ₹4.4k Cr | ₹4.0k Cr |
| Other assets | ₹539 Cr | ₹623 Cr | ₹550 Cr | ₹498 Cr | ₹612 Cr | ₹647 Cr |
| Total assets | ₹3.6k Cr | ₹4.0k Cr | ₹4.2k Cr | ₹5.3k Cr | ₹5.4k Cr | ₹5.0k 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 −0.81 pp while the public added +0.67 pp. The shareholder count grew 2% to 1,64,544.
- FIIs
- 6.9%
- DIIs
- 59.6%
- Public
- 33.5%
Since Jun 2025
- FIIs −0.81 pp
- Public +0.67 pp
- DIIs +0.15 pp
How it drifted, 12 quarters
Over this window DIIs fell from 61.7% to 59.6% — −2.1 pp.
Ownership split by quarter, oldest first. Sep '23: FIIs 4.9%, DIIs 61.7%, Public 33.4%.Dec '23: FIIs 5.6%, DIIs 61.1%, Public 33.3%.Mar '24: FIIs 6.0%, DIIs 60.9%, Public 33.1%.Jun '24: FIIs 6.3%, DIIs 60.7%, Public 33.1%.Sep '24: FIIs 7.2%, DIIs 60.2%, Public 32.6%.Dec '24: FIIs 7.8%, DIIs 59.3%, Public 32.9%.Mar '25: FIIs 7.8%, DIIs 59.7%, Public 32.4%.Jun '25: FIIs 7.7%, DIIs 59.5%, Public 32.8%.Sep '25: FIIs 7.6%, DIIs 59.7%, Public 32.7%.Dec '25: FIIs 7.3%, DIIs 60.0%, Public 32.8%.Mar '26: FIIs 7.1%, DIIs 60.1%, Public 32.8%.Jun '26: FIIs 6.9%, DIIs 59.6%, Public 33.5%.
Who bought this quarter
since Mar 2026
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- HDFC Mutual Fund Mutual fund +1.20 pp 4.67% held
- Canara Robeco Mutual Fund Mutual fund newly disclosed 1.01% held
- ICICI Prudential Mutual Fund Mutual fund +0.57 pp 2.35% held
The same filing shows 1 holder trimming and 0 off the list — both are in the register beside this.
Who is on the register
Named in the Jun 2026 filing
Every holder of UTI AMC above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| T. Rowe Price International Ltd | 22.69% | unchanged |
| Punjab National Bank Bank | 15.03% | unchanged |
| State Bank Of India Bank | 9.85% | unchanged |
| Life Insurance Corporation Of India Insurer | 9.85% | unchanged |
| Bank Of Baroda Bank | 9.85% | unchanged |
| HDFC Mutual Fund Mutual fund | 4.67% | +1.20 pp |
| Nippon India Mutual Fund Mutual fund | 4.45% | −0.83 pp |
| ICICI Prudential Mutual Fund Mutual fund | 2.35% | +0.57 pp |
| Canara Robeco Mutual Fund Mutual fund | 1.01% | newly disclosed |
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 UTIAMC
Filings to Aug 2026
0 new, 5 added, 3 trimmed, 0 sold out — net −2.68 L shares (−2.5%).
- Held by funds
- ₹937 Cr
- 15 schemes
- Biggest holder
- HDFC Small Cap Fund
- ₹360 Cr · 0.9% of that fund
| Scheme | Holding | Last month | Held since |
|---|---|---|---|
| HDFC Small Cap Fund HDFC Mutual Fund | ₹360 Cr | +1.00 L | Jun '25 |
| Nippon India Multi Cap Fund Nippon India Mutual Fund | ₹147 Cr | held | May '23 |
| Nippon India Small Cap Fund Nippon India Mutual Fund | ₹131 Cr | held | Apr '23 |
| HDFC Balanced Advantage Fund HDFC Mutual Fund | ₹90 Cr | held | Apr '26 |
| Nippon India Banking & Financial Services Fund Nippon India Mutual Fund | ₹72 Cr | −1.09 L | Aug '22 |
| HDFC Large and Mid Cap Fund HDFC Mutual Fund | ₹49 Cr | held | Feb '25 |
| Nippon India Aggressive Hybrid Fund Nippon India Mutual Fund | ₹38 Cr | held | Dec '22 |
| HDFC Dividend Yield Fund HDFC Mutual Fund | ₹30 Cr | held | Dec '22 |
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
5 added, 3 trimmed — net −2.68 L shares (−2.5%)
- Funds are sitting on
- +0%
- vs est. average cost
- Held by funds
- ₹937 Cr
- 15 schemes · ≈ 8.6% of the company
- Biggest holder
- HDFC Small Cap Fund
- ₹360 Cr · 0.9% of that fund
- Longest holder
- Nippon India Nifty Smallcap 250 Index Fund
- 5y 6m · since Mar '21
Shares held by these funds +28%
Aug '23 1.09 cr shares Jul '26
All earnings calls (7)
Read the Q1 FY27 call →Learn to analyse UTI AMC
Guides on how to read this kind of business and the numbers that matter.