- HDFC AMC 4Q net income has exceeded the estimates, coming in at 5.41 billion rupees which is an 11% quarter on quarter increase.
- The revenue of the company stands at 6.95 billion rupees, a 3.6% quarter on quarter increase. However, it is slightly below the estimated value of 7.25 billion rupees.
- The total costs have been reduced by 2.8% q/q, amounting to 1.72 billion rupees. This is lower than the initial estimate of 1.95 billion rupees.
- The other income of the company has seen a significant increase of 61% year on year, reaching 1.56 billion rupees. This surpasses the estimated value of 1.16 billion rupees.
- A dividend per share of 70 rupees has been declared by the company.
- Among the financial analysts, there are 11 buys, 9 holds and 3 sells.
- All the comparisons to past results are based on the values reported by the company’s original disclosures.
HDFC Asset Management Co Ltd on Smartkarma
On Smartkarma, an independent investment research network, analyst Pranav Bhavsar provides coverage of HDFC Asset Management Co Ltd. In the recent report titled “[Week 8] Namaste India 🙏 | Earnings Edition – Part I,” Bhavsar presents a bullish view on the company. The report delves into the earnings of Indian Consumer Companies and focuses on reported earnings, performance against expectations, and key highlights from earnings calls. Beyond simply identifying bullish or bearish sentiments, Bhavsar highlights interesting aspects of HDFC Asset Management Co Ltd that are open for further discussion.
A look at HDFC Asset Management Co Ltd Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 5 | |
| Growth | 3 | |
| Resilience | 4 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.6 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Based on the Smartkarma Smart Scores, HDFC Asset Management Co Ltd shows a strong performance in several key areas. With a high dividend score of 5, investors can expect good returns in the form of dividends. Additionally, the company demonstrates resilience and momentum with scores of 4 each, indicating a consistent ability to weather market fluctuations and maintain positive growth trends over time.
While HDFC Asset Management Co Ltd scores moderately in terms of value and growth with scores of 2 and 3 respectively, its robust dividend, resilience, and momentum scores suggest a promising outlook for long-term investment. As an investment management firm catering to a wide range of clients in India, HDFC Asset Management Co Ltd appears well-positioned to deliver steady performance and returns in the foreseeable future.
### HDFC Asset Management Co. Ltd. operates as an investment management firm. The Company offers portfolio management and advisory services to individuals, institutions, trusts, private funds, charitable organizations, and investment companies. HDFC Asset Management serves customers in India. ###
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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