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 ₹10standalone
₹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
- ₹17,473 cr
- FY2026 net profit
- ₹3,109 cr
- Net worth
- ₹28,701 cr
- Total debt
- —net cash
- EPS (basic)
- ₹11.90
- 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
- +92.6%over 7 years
- Revenue growth
- +293.3%vs last year
- Net profit growth
- +405.5%vs last year
- Change in net profit since FY19
- +32489%
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
- 76.9%
- 8-year range
- 60.8–92.8%
- ROE FY2026
- 11.5%
- 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
- -7.73×FY2026
- Free cash flow
- ₹−24,129 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 | 178 | 200 | 108 | 453 | 219 | 860 | 15,419 | 17,473 |
| Total income | 178 | 201 | 109 | 454 | 223 | 861 | 15,553 | 17,585 |
| EBITDA | 108 | 135 | 74 | 420 | 185 | 796 | 12,042 | 13,438 |
| Profit before tax | −12 | 28 | 72 | 419 | 184 | 795 | 3,927 | 4,168 |
| Net profit | −10 | 30 | 73 | 345 | 141 | 714 | 2,957 | 3,109 |
| EPS (₹) | −0.0 | 0.1 | 0.3 | 1.4 | 0.6 | 2.8 | 11.4 | 11.9 |
| Net worth | 7,295 | 9,457 | 9,551 | 9,908 | 10,098 | 13,939 | 25,194 | 28,701 |
| Operating cash flow | — | — | −83 | −151 | 157 | 12 | −16,647 | −24,024 |
| Free cash flow | — | — | −84 | −152 | 152 | 10 | −16,751 | −24,129 |
| Ratio | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|
| Growth | ||||||||
| Revenue growth YoY | — | 12.4 | -46.0 | 319.6 | -51.7 | 293.3 | — | — |
| Profit growth YoY | — | — | 144.7 | 372.0 | -59.0 | 405.5 | — | — |
| Profitability | ||||||||
| EBITDA margin % | 60.8 | 67.6 | 68.4 | 92.8 | 84.7 | 92.6 | 78.1 | 76.9 |
| Net margin % | -5.4 | 14.8 | 67.1 | 75.9 | 63.5 | 83.0 | 19.0 | 17.7 |
| Return on equity % | -0.1 | 0.4 | 0.8 | 3.5 | 1.4 | 5.9 | 15.1 | 11.5 |
| Return on capital % | — | — | — | — | — | — | — | — |
| Leverage & cash | ||||||||
| Debt to equity | — | — | — | — | — | — | — | — |
| Cash flow ÷ profit | — | — | -1.14 | -0.44 | 1.11 | 0.02 | -5.63 | -7.73 |
| Current ratio | — | — | — | — | — | — | — | — |