StrengthTalking point
Book value compounding
Net worth compounded at 19.3% a year over 7 years (₹10,670 → ₹36,767).
Importance 57 / 95 · financial health
Aditya Birla Capital · Research view
Aditya Birla Capital Ltd
NSE: ABCAPITALBSE: 540691ISIN INE674K01013Face value ₹10consolidated
₹375
−1.50% · 2026-10-01 · 52-wk ₹292–₹425
Financials to FY2026 · 8 years of history · prices to 2026-10-01consolidatedstandalone
Section 02 · Synthesis
What stands out?
The strongest observations the engine found, ranked. Every line is generated from the filed numbers by a fixed rule — no opinion, no estimate.
StrengthConcernWatchContext
StrengthTalking point
Compounding revenue
Revenue compounded at 17.0% a year over 7 years (₹15,164 → ₹45,509).
Importance 56 / 95 · growth
Strength
More profitable than peers
ROE of 11.2% is well above the investment company median of 6.2%.
Importance 55 / 95 · profitability
Section 03 · The company
Who is this company?
Classified by the exchange under Financial Services › Financial Services › Finance › Investment Company.
- Market cap
- ₹98,314 cr
- FY2026 revenue
- ₹45,509 cr
- FY2026 net profit
- ₹3,864 cr
- Net worth
- ₹36,767 cr
- Total debt
- —net cash
- EPS (basic)
- ₹14.41
- Listed
- NSE · BSE
- Reporting
- Ind-AS (NBFC)Apr–Mar
Peer set used on this page: 2 investment company.
Section 04 · Business performance
Is the business growing?
RevenueNet profit
Strength
Revenue compounded at 17.0% a year over 7 years (₹15,164 → ₹45,509).
Rule REVENUE_CAGR_STRONG
- Revenue growth per year
- +17.0%over 7 years
- Revenue growth
- +12.1%vs last year
- Net profit growth
- +13.3%vs last year
- Change in net profit since FY19
- +376%
Over 7 years profit compounded at 25.0% a year while revenue compounded at 17.0% a year — though FY2023 saw a one-off step-change of 191% (a merger, restructuring or a recovery off a low base), so the compounding is uneven.
Net profit grew 13.3% year on year (FY2025 → FY2026).
Section 05 · Recent activity
What changed recently?
Quarterly results, the trailing-twelve-months snapshot, and verified corporate actions — kept separate from each other and from the annual story above. Every figure traces to a filed number; nothing here is external news or commentary.
Strength
Q1 FY27 net profit was ₹1,224 cr, up 43.9% from ₹851 cr a year earlier.
Rule QTR_PROFIT_GROWTH_YOY
Strength
Q1 FY27 revenue was ₹12,180 cr, up 28.2% from ₹9,503 cr in Q1 FY26 a year earlier.
Rule QTR_REVENUE_GROWTH_YOY
Strength
Q1 FY27 EBIT was ₹4,885 cr, up 28.3% from ₹3,807 cr a year earlier.
Rule QTR_OPERATING_PERFORMANCE_CHANGE_YOY
A. Quarterly results
RevenueNet profit
| Quarter | Revenue | YoY | Net profit | YoY | Net margin |
|---|---|---|---|---|---|
| Q2 FY25 | 10,322 | — | 1,021 | — | 9.9% |
| Q3 FY25 | 9,381 | +6.6% | 724 | −4.7% | 7.7% |
| Q4 FY25 | 12,214 | +11.6% | 886 | −31.2% | 7.3% |
| Q1 FY26 | 9,503 | +7.6% | 851 | +9.2% | 9.0% |
| Q2 FY26 | 10,595 | +2.6% | 882 | −13.5% | 8.3% |
| Q3 FY26 | 11,952 | +27.4% | 966 | +33.3% | 8.1% |
| Q4 FY26 | 13,459 | +10.2% | 1,165 | +31.5% | 8.7% |
| Q1 FY27 | 12,180 | +28.2% | 1,224 | +43.9% | 10.0% |
B. TTM snapshot
Trailing twelve months to 30 Jun 2026 · sum of the last 4 contiguous quarters
- Revenue
- ₹48,186 crTTM
- EBITDA
- ₹17,890 crTTM
- EBIT
- ₹17,574 crTTM
- PBT
- ₹5,244 crTTM
- Net profit
- ₹4,237 crTTM
C. Corporate actions
No verified corporate actions on record for this company.
Section 06 · Business performance
Is it becoming more profitable?
EBITDA marginNet margin
Strength
ROE of 11.2% is well above the investment company median of 6.2%.
Rule ROE_ABOVE_PEER_MEDIAN
- EBITDA margin now
- 36.9%
- 8-year range
- 25.0–37.3%
- ROE FY2026
- 11.2%
- ROCE FY2026
- —
Section 07 · Financial health
Is financial health improving?
Net worth (shareholders' funds)
Strength
Net worth compounded at 19.3% a year over 7 years (₹10,670 → ₹36,767).
Rule NET_WORTH_COMPOUNDING
Operating cash flowNet profit
- Total debt
- —
- Operating cash flow ÷ net profit
- -9.46×FY2026
- Free cash flow
- ₹−36,905 cr
- Current ratio
- —
Section 08 · Relative position
How does it compare with peers?
Ranked against 2 investment company (FY2026, consolidated).
Not enough peers in this set report the underlying metrics yet for a ranking.
Context
Trades at 23.20× earnings — 47% below the investment company median of 44.19×.
Rule PE_BELOW_PEERS
- P / E
- 23.2×TTM to Jun 26
- P / B
- 2.7×latest book
- P / S
- 2.0×TTM sales
- Earnings yield
- 4.3%TTM to Jun 26
On the trailing twelve months. Last full year: P/E 25.4× · P/S 2.2× · ROE 11.2%.
Section 09 · The stock
How has the stock performed?
Context
Over 5 years profit (28.4% a year) and the stock (27.4% a year) compounded at roughly the same rate — but FY2021 profit (₹1,106) was well below the through-cycle level (~₹2,535), so this rate is inflated by the recovery from a low base.
Rule STOCK_TRACKED_EARNINGS · recovery
- 1-year return
- +25.2%
- 3-year return
- +108.6%
- 5-year return
- +235.2%
- From 52-wk high
- −11.6%
Section 10 · Technical data
What does the technical data say?
Price-action indicators as of 2026-10-01. Secondary to the fundamentals above — included for timing context, not as a signal.
- vs 50-day avg
- Below₹401
- vs 200-day avg
- Above₹365
- RSI (14)
- 37.1neutral
- MACD histogram
- -1.8
- From 52-wk high
- −11.6%
- From 52-wk low
- +28.4%
- 30-day volatility
- 26.7%ann.
- 6-month return
- +28.4%
Section 11 · Open questions
What should I investigate further?
Observations the engine tagged watch or deteriorating — prompts for your own research, not conclusions.
Nothing is flagged for review for this company.
- Cash-flow-statement facts are unavailable for FY2019, FY2020 — those filings predate SEBI's Cash Flow Statement disclosure requirement. All other loaded years carry full P&L, balance sheet and cash-flow data.
Section 12 · Reference
The numbers
The full statements, kept deliberately secondary. Every figure traces to a BSE Integrated Filing (inline XBRL); ratios are recomputed from the normalised facts.
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 15,164 | 16,792 | 19,248 | 22,230 | 27,416 | 34,506 | 40,590 | 45,509 |
| Total income | 15,172 | 16,810 | 19,274 | 22,241 | 30,201 | 34,561 | 40,724 | 45,617 |
| EBITDA | 5,322 | 5,748 | 5,307 | 5,547 | 10,229 | 12,090 | 14,366 | 16,803 |
| Profit before tax | 1,155 | 1,029 | 1,277 | 1,946 | 5,363 | 4,278 | 4,426 | 4,820 |
| Net profit | 811 | 866 | 1,106 | 1,660 | 4,824 | 3,439 | 3,410 | 3,864 |
| EPS (₹) | 4.0 | 4.1 | 4.7 | 7.1 | 19.8 | 13.1 | 12.8 | 14.4 |
| Net worth | 10,670 | 13,895 | 15,227 | 17,091 | 21,820 | 28,638 | 32,347 | 36,767 |
| Operating cash flow | — | — | −308 | −5,070 | −24,053 | −24,101 | −27,935 | −36,544 |
| Free cash flow | — | — | −458 | −5,247 | −24,293 | −24,499 | −28,382 | −36,905 |
| Ratio | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|
| Growth | ||||||||
| Revenue growth YoY | — | 10.7 | 14.6 | 15.5 | 23.3 | 25.9 | 17.6 | 12.1 |
| Profit growth YoY | — | 6.8 | 27.7 | 50.1 | 190.6 | -28.7 | -0.8 | 13.3 |
| Profitability | ||||||||
| EBITDA margin % | 35.1 | 34.2 | 27.6 | 25.0 | 37.3 | 35.0 | 35.4 | 36.9 |
| Net margin % | 5.3 | 5.2 | 5.7 | 7.5 | 16.0 | 10.0 | 8.4 | 8.5 |
| Return on equity % | 7.6 | 7.1 | 7.6 | 10.3 | 24.8 | 13.6 | 11.2 | 11.2 |
| Return on capital % | — | — | — | — | — | — | — | — |
| Leverage & cash | ||||||||
| Debt to equity | — | — | — | — | — | — | — | — |
| Cash flow ÷ profit | — | — | -0.28 | -3.05 | -4.99 | -7.01 | -8.19 | -9.46 |
| Current ratio | — | — | — | — | — | — | — | — |