Aditya Birla Sun Life AMC Ltd
Aditya Birla Sun Life AMC Ltd (ABSLAMC)

Aditya Birla Sun Life AMC Ltd (ABSLAMC)

₹4550.27%

Key Stats

₹450.05
Day's Price Range
₹455.9
₹375
52-Week Price Range
₹722.9
1 Month Return-2.88 %
3 Month Return12.05 %

Company Financials

  • Quarterly
  • Annual
Value in ₹ crore

Peer Comparsion

PE
Rank 176
21.05
EPS
Rank 77
₹21.54
BVPS
Rank 150
₹76.27
Dividend Yield
Rank 112
ROE
Rank 42
33.65%
Price To Book Ratio
Rank 265
5.94
Debt To Asset
Rank 301
0.14

Company Information

The Company was originally incorporated as Birla Capital International AMC Limited at Mumbai Maharashtra as a public company pursuant to a certificate of incorporation dated 05 September 1994 and commenced operations pursuant to a certificate for commencement of business dated 10 November 1994 issued by the RoC. Further the name of the Company was changed from Birla Capital International AMC Limited to Birla Sun Life Asset Management Company Limited pursuant to which a revised certificate of incorporation was issued by the RoC dated 29 June 1999. Subsequently the name of the Company was changed from Birla Sun Life Asset Management Company Limited to Aditya Birla Sun Life AMC Limited and a revised certificate of incorporation dated 17 July 2017 pursuant to change of name was issued by the RoC. The Company is a joint venture between the Aditya Birla Group and Sun Life Group. The share capital of the Company is owned by Aditya Birla Capital Limited Subsidiary of Grasim Industries Limited and Sun Life India AMC Investments Inc. wholly owned subsidiary of Sun Life Financial Inc.. The principal activity is to act as an investment manager to Aditya Birla Sun Life Mutual Fund. The Company manages the investment portfolios of Aditya Birla Sun Life Mutual Fund and Aditya Birla Real Estate Fund. The company also provides Portfolio Management Services PMS and investment advisory services to offshore funds and high net worth investors. The company has setup two Alternate Investment Fund AIF one under Category III other under Category II with Securities Exchange Board of India SEBI under the SEBI AIF Regulations 2012. Aditya Birla Sun Life AMC Limited has been appointed as an Investment Manager of the said AIF by the Trustee to the Fund.The Company is the 4th largest Asset Management Company in the Mutual Fund industry in terms of quarterly Average Assets under Management AAUM as on 31 March 2019 with quarterly AAUM of Rs 246480 crore and market share of 10.08 as on March 2019. During the FY2019 Overall scheme folio has crossed a count of 70.87 lakhs and SIP including Systematic Transfer Plan STP book size has crossed Rs 1000 crore. The number of AMC branches increased from 145 as on 31 March 2018 to 181 as on 31 March 2019. Also Offshore vertical won incremental mandate of USD 90 Million from a sovereign fund.As on 31 March 2019the company has 7 overseas subsidiary companies under its roof.The Company stood as the 4th largest Asset Management Company in the Mutual Fund industry with Annual AAUM for the year ended March 31 2020 of Rs 251310 crore of AAUM and a market share of 9.58 . The Domestic Equity Annual AAUM reached Rs 90234 crore representing a market share of 8.22 and 5 year CAGR growth of 35 which is also the 2nd highest amongst top 5 AMCs. The retail AAUM for March2020 stood at Rs 106496 crore with a market share of 8.25 and a 5 Year CAGR of 18 which is 2nd highest among top 5 AMCs. Four new funds Aditya Birla Sun Life Pharma Healthcare Fund Aditya Birla Sun Life PSU Equity Fund Aditya Birla Sun Life Banking ETF and Aditya Birla Sun Life Fixed Term Plans garnered AUM of Rs 133 Crore Rs 213 Crore Rs 83 Crore and Rs 71 Crore respectively during their New Fund Offer NFO period.The companys presence across 310 Locations with greater than 75 locations in B30 Cities.The Domestic Equity QAAUM reached Rs 96934 Crore representing 11 YoY growth in Q4 FY21 with market share of 7.23. Equity Closing Assets Under Management grew by 47 Year on Year YoY to reach Rs 96323 Crore. Overall domestic Quarterly Average Assets Under Management QAAUM reached Rs 269278 Crore representing a 9 Year on Year YoY growth in Q4 FY21 with a market share of 8.39. Overall domestic Closing Assets Under Management grew by 28 Year on Year YoY to reach Rs 259422 Crore.As on 31 March 2021the company has 6 overseas subsidiaries.The Board of Directors and the shareholders have approved the issuance of 7 Seven bonus shares of face value Rs 5 each for every 1 One existing fully paidup equity share of face value Rs 5 each and accordingly 252000000 bonus shares were issued and allotted on 6th April 2021.During the fag end of September 2021the company came out with an Rs 2768.26 crore IPO which comprises of an offer for sale of up to 38880000 equity shares of face value of Rs 5 each at a price of Rs 712 per share held by the Promoters of the Company i.e. Aditya Birla Capital Limited and Sun Life India AMC Investments Inc through an offer for sale of up to 2850880 Equity Shares and 36029120 Equity Shares respectively together constituting up to 13.50 of the paidup equity share capital of the Company.The allotted shares were listed on the BSE Ltd and National Stock Exchange of India LtdNSE on 11 October 2021.
OrganisationAditya Birla Sun Life AMC Ltd
HeadquartersMumbai
IndustryFinance