Aditya Birla Capital Ltd logo

Aditya Birla Capital Ltd

ABCAPITAL NSE

Aditya Birla Capital Limited, the holding company for the financial services businesses of the Aditya Birla Group, is a universal financial solutions group catering to the diverse financial needs of its customers across their life stages.[1]

AI Verdict: BUY Confidence: 6%

Aditya Birla Capital enjoys unanimous analyst consensus (12/12 buy ratings) and strong stock CAGR of 30% over 3 years, supported by consistent sales growth of 15% CAGR over 3 years. However, low ROE of 12%, zero dividend payout, and a P/B of 2.82x warrant caution on valuation.

Key Fundamentals

MidcapInvestment CompanyFinancial Services
Market Cap
1.0L Cr
Volatility
Moderate
P/E Ratio
27.16
EBITDA
₹16,640 Cr
Return on Equity
12.01%
Debt to Equity
4.37
Book Value
₹140.54
EPS
₹13.24
52W High
₹396.5
52W Low
₹243

Technical Indicators

Key Insights

Strengths

1
  • Company's median sales growth is 17.5% of last 10 years

Weaknesses

4
  • Stock is trading at 3.00 times its book value
  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has low interest coverage ratio.
  • Company has a low return on equity of 12.2% over last 3 years.

Growth Rate

Revenue Growth
11.75% ↘
Net Income Growth
17.43% ↘
Cash Flow Change
-15.91% ↘
ROE
-12.91% ↘
ROCE
-6.45% ↘
EBITDA Margin (Avg.)
2.38% ↘

AI Analysis — Bull vs Bear

Anthropic anthropic claude-opus-4.6 3d ago
BUY
Risk medium

Aditya Birla Capital enjoys unanimous analyst consensus (12/12 buy ratings) and strong stock CAGR of 30% over 3 years, supported by consistent sales growth of 15% CAGR over 3 years. However, low ROE of 12%, zero dividend payout, and a P/B of 2.82x warrant caution on valuation.

Bull Case 8
  • Unanimous analyst consensus with 100% buy ratings from all 12 analysts covering the stock
  • Strong stock price CAGR of 44% over the last 1 year, significantly outperforming broader markets
  • Consistent sales growth with 10-year compounded sales CAGR of 29%, demonstrating long-term business scalability
  • 3-year stock CAGR of 30% reflects sustained investor confidence and re-rating potential in the financial services space
  • 5-year compounded profit growth of 28% indicates strong earnings momentum over a medium-term horizon
  • TTM sales growth of 12% and profit growth of 16% show continued operational momentum in the current year
  • Median sales growth of 17.5% over the last 10 years demonstrates resilient revenue compounding through cycles
  • Market cap of Rs 98,427 crore places it among large-cap financial conglomerates, offering liquidity and institutional interest
Bear Case 8
  • Stock trades at 2.82x book value, expensive for a financial services company delivering only 12% ROE over 3 years
  • 3-year ROE of only 12% is below the 15%+ threshold typically expected from quality financial services businesses
  • Zero dividend yield despite reporting repeated profits signals poor capital return policy for shareholders
  • 3-year compounded profit CAGR is negative at -7%, indicating earnings volatility and possible one-time gains in base year
  • Low interest coverage ratio raises concerns about debt servicing ability in a rising rate environment
  • P/E of 25.1x is elevated for a diversified financial services company with sub-par return ratios
  • 5-year ROE of 14% and last year ROE of 12% show a declining trend in capital efficiency
  • Absence of 52-week high/low data limits technical assessment, but current valuation multiples suggest limited margin of safety

This is AI-generated analysis, not financial advice. Do your own due diligence.

AI News Digest

Anthropic anthropic claude-opus-4.6 14h ago
Headwinds 1
  • CMO resignation creates leadership gap May 31

    Chief Marketing Officer Darshana Shah resigned effective May 31, 2026, to pursue larger roles, leaving a key C-suite position vacant.

Positives 4
  • ₹2,880 cr share allotment to Grasim Jun 23

    Allocated 8.09 crore shares to Grasim Industries at ₹356.02 each, totalling ₹2,879.99 crore, strengthening the group's capital base.

  • ₹1,100 cr raised via NCDs Jun 16

    Allotted NCDs worth ₹500 crore at 8.26% coupon and ₹600 crore at 8.10% coupon on June 16, securing fresh debt capital.

  • Preferential issue to Grasim and IFC Jun 8

    Disclosed update on issuing 11.23 crore equity shares with Grasim Industries and IFC as key allottees, bringing in strategic capital.

  • ₹44.48 cr institutional block trade May 26

    Block trade of ~12.21 lakh shares executed on NSE at ₹364.25 per share, indicating institutional interest worth ₹44.48 crore.

Neutral 1
  • Active investor engagement calendar Jun 18

    Company scheduled multiple investor meets including JM Financial India Finance Forum (Jun 23), ICICI Securities conference (Jun 8), and Morgan Stanley forum (Jun 3) in Mumbai.

TL;DR: Aditya Birla Capital is in active capital-raising mode, securing over ₹4,000 crore through preferential allotments and NCD issuances in May-June 2026. Institutional engagement remains strong with multiple investor forums and a sizable block trade. The only notable risk is the CMO departure, which is a manageable leadership gap. The trend is constructive with the company clearly building its capital base for growth ahead.

Quarterly Results

  Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Revenue
8,025
7,045
7,607
8,800
10,780
8,673
10,322
9,381
12,214
9,503
10,595
11,952
13,459
Expenses
5,766
4,490
4,798
5,764
7,182
5,458
6,604
5,876
8,419
5,652
6,594
7,645
8,924
Financing Profit
782
884
982
1,039
1,476
971
1,348
1,009
1,210
1,114
1,197
1,326
1,434
Fin. Margin %
10%
13%
13%
12%
14%
11%
13%
11%
10%
12%
11%
11%
11%
Other Income
91
70
70
60
183
150
124
85
219
136
92
72
207
Interest
1,478
1,671
1,827
1,997
2,122
2,244
2,369
2,496
2,585
2,736
2,804
2,981
3,101
Depreciation
40
43
46
50
52
54
60
64
68
71
77
76
82
PBT
832
912
1,006
1,050
1,606
1,067
1,413
1,030
1,361
1,178
1,212
1,322
1,559
Tax %
24%
27%
28%
28%
20%
27%
28%
30%
35%
28%
27%
27%
25%
Net Profit
636
666
725
760
1,288
779
1,021
724
886
851
882
966
1,165
EPS in Rs
2.52
2.5
2.71
2.83
4.79
2.92
3.84
2.72
3.32
3.2
3.27
3.61
4.31
Figures in ₹ Crores

Profit & Loss

  Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Revenue
2,710
3,645
5,882
11,526
15,168
16,696
19,260
22,232
30,163
33,958
40,632
45,509
Expenses
1,002
1,156
2,478
7,539
9,850
10,934
13,966
16,694
19,972
21,978
26,357
28,815
Financing Profit
596
877
1,105
963
1,208
1,128
1,378
2,058
5,469
4,364
4,581
5,072
Fin. Margin %
22%
24%
19%
8%
8%
7%
7%
9%
18%
13%
11%
11%
Other Income
-39
24
4
177
230
254
282
351
311
390
536
506
Interest
1,112
1,612
2,299
3,024
4,109
4,634
3,916
3,480
4,722
7,617
9,694
11,622
Depreciation
37
33
43
44
58
103
114
122
145
188
246
307
PBT
519
869
1,066
1,096
1,381
1,280
1,546
2,287
5,635
4,566
4,871
5,271
Tax %
40%
40%
35%
37%
41%
32%
28%
27%
14%
25%
30%
27%
Net Profit
309
524
691
693
811
866
1,106
1,660
4,824
3,439
3,410
3,864
EPS in Rs
4.08
6.58
4.3
3.15
3.96
3.81
4.66
7.06
19.83
12.83
12.78
14.37
Div. Payout %
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
Figures in ₹ Crores

Balance Sheet

  Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital
757
796
1,232
2,201
2,201
2,414
2,415
2,416
2,418
2,600
2,607
2,620
Reserves
1,056
1,921
5,378
6,337
7,311
10,162
11,327
13,076
17,893
24,217
27,782
31,804
Borrowing
15,973
24,750
33,215
44,516
56,324
55,966
53,044
58,425
84,738
1,10,139
1,40,009
1,79,538
Other Liabilities
1,857
2,574
38,316
40,502
43,633
44,978
57,698
66,897
75,304
94,667
1,08,245
1,21,432
Total Liabilities
19,642
30,042
78,141
93,556
1,09,470
1,13,520
1,24,485
1,40,815
1,80,353
2,31,623
2,78,643
3,35,393
Fixed Assets
284
314
778
837
892
1,181
1,259
1,305
1,279
1,652
1,929
2,100
CWIP
8
11
35
33
34
74
45
45
44
94
122
11
Investments
720
1,363
11,760
39,573
43,955
48,415
57,703
67,355
80,383
99,539
1,12,953
84,699
Other Assets
18,630
28,353
65,569
53,113
64,589
63,850
65,478
72,110
98,647
1,30,338
1,63,639
2,48,583
Total Assets
19,642
30,042
78,141
93,556
1,09,470
1,13,520
1,24,485
1,40,815
1,80,353
2,31,623
2,78,643
3,35,393
Figures in ₹ Crores

Cash Flow

  Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating
0
-8,697
-7,570
-11,894
-10,256
4,271
64
-5,070
-24,029
-24,100
-27,935
-36,544
Investing
0
-638
-1,623
38
-690
-3,070
2,429
-1,446
-2,675
-4,590
933
-3,544
Financing
0
9,184
9,870
12,006
10,852
875
-2,581
5,836
26,385
28,514
29,778
38,161
Net Cash Flow
0
-151
678
150
-94
2,076
-88
-679
-318
-176
2,776
-1,927
Free Cash Flow
0
-8,745
-7,688
-12,049
-10,413
4,117
-84
-5,247
-24,268
-24,499
-28,382
-36,905
CFO/OP
0
-334
-211
-288
-181
85
8
-78
-230
-194
-185
-212
Figures in ₹ Crores

Ratios

  Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
ROE %
18%
23%
11%
9%
10%
8%
9%
12%
27%
14%
11%
12%

Shareholding Pattern

As of Jun 2026
Promoters 68.81%
DIIs 13.69%
FIIs 8.42%
Public 6.69%
Others 2.40%
Total 100.01%
  Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters
70.70%
70.69%
70.69%
71.03%
71.07%
71.07%
71.06%
71.05%
71.02%
69.10%
68.99%
68.98%
68.96%
68.98%
68.90%
68.86%
68.85%
68.76%
68.70%
68.58%
68.51%
68.81%
FIIs
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
4.14%
4.14%
4.14%
3.85%
11.28%
3.85%
11.79%
11.00%
11.05%
9.22%
8.80%
7.16%
6.78%
5.83%
7.70%
8.42%
DIIs
3.94%
3.69%
3.52%
3.28%
4.07%
3.68%
3.67%
8.05%
7.85%
7.74%
8.24%
4.33%
7.55%
8.13%
8.46%
9.52%
9.78%
12.06%
12.83%
14.67%
13.82%
13.69%
Government
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
Public
10.65%
10.72%
11.27%
10.91%
10.52%
10.64%
9.97%
9.12%
9.19%
8.12%
8.02%
8.57%
8.30%
8.42%
8.17%
8.89%
9.09%
8.68%
8.36%
7.93%
7.34%
6.69%
Others
14.71%
14.90%
14.52%
14.78%
14.34%
14.61%
11.16%
7.63%
7.80%
11.18%
3.46%
14.28%
3.40%
3.47%
3.43%
3.52%
3.48%
3.34%
3.33%
2.99%
2.63%
2.40%
No. of Shareholders
4,98,750
4,91,939
5,28,555
5,22,758
5,38,508
5,46,768
5,32,168
4,88,954
4,75,283
4,73,966
4,64,366
4,91,856
5,03,842
5,30,087
5,27,478
5,63,086
5,76,863
5,60,382
5,61,046
5,46,470
5,22,128
5,11,728

Documents

1
Concall - May 2026 May 2026
2
Concall - Nov 2017 Nov 2017
3
Concall - Feb 2018 Feb 2018
4
Concall - May 2018 May 2018
5
Concall - Aug 2018 Aug 2018

Frequently Asked Questions about Aditya Birla Capital Ltd

What does Aditya Birla Capital Ltd do?
Aditya Birla Capital Limited, the holding company for the financial services businesses of the Aditya Birla Group, is a universal financial solutions group catering to the diverse financial needs of its customers across their life stages.[1]
Where is Aditya Birla Capital Ltd (ABCAPITAL) listed?
Aditya Birla Capital Ltd is listed on the Indian stock exchanges. It is listed on NSE: ABCAPITAL and BSE: 540691. You can view its live share price, financials, and ratios on Tapetide.
Which sector does Aditya Birla Capital Ltd belong to?
Aditya Birla Capital Ltd operates in the Financial Services sector within the Finance industry. Sector classification helps investors compare companies affected by similar economic conditions and regulatory changes.
What is the market capitalisation of Aditya Birla Capital Ltd?
Aditya Birla Capital Ltd has a market capitalisation of approximately ₹103966.82 Cr. Based on this, it is classified as a Large Cap stock.
What is the PE ratio of Aditya Birla Capital Ltd?
The Price-to-Earnings (PE) ratio of Aditya Birla Capital Ltd is 27.16. The PE ratio compares a company's share price to its earnings per share and is commonly used to assess whether a stock is overvalued or undervalued relative to its peers.
What is the 52-week high and low of Aditya Birla Capital Ltd?
Over the past 52 weeks, Aditya Birla Capital Ltd has traded between a low of ₹243 and a high of ₹396.5. This range helps investors understand the stock's price volatility and recent trading levels.
What is the Return on Equity (ROE) of Aditya Birla Capital Ltd?
Aditya Birla Capital Ltd has a Return on Equity (ROE) of 12.01%. ROE measures how effectively a company uses shareholders' equity to generate profits. A higher ROE generally indicates better capital efficiency.
How can I research Aditya Birla Capital Ltd on Tapetide?
On Tapetide, you can view Aditya Birla Capital Ltd's live share price, quarterly results, profit & loss statements, balance sheet, cash flow, key ratios, shareholding pattern, technical indicators, analyst ratings, and forecasts — all on a single page without needing to sign up.

Company Information

Aditya Birla Capital Limited, the holding company for the financial services businesses of the Aditya Birla Group, is a universal financial solutions group catering to the diverse financial needs of its customers across their life stages.[1]

Website adityabirlacapital.com
CEO Ms. Vishakha Vivek Mulye B.Com, CA
Employees 63,750
Listed 2017-09-01
Face Value ₹ 10
Issued Size 2,61,72,65,136

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