Financial Services · NSE: ABCAPITAL
Aditya Birla Capital
Q2 FY27 · From the investor presentation
- M.Cap
- ₹1,14,845Cr₹1.15L Cr
- P/E
- 25.3×
- 1Y return
- +27.28%
- From 52W high
- −2.6%
Highlights are read by AI from the company's filing and can contain mistakes. Check the source page linked to each line.
Share price
Results Q2 FY27, as filed · consolidated · ₹ Cr
| Q2 FY27 | Q2 FY26 | YoY | Q1 FY27 | QoQ | |
|---|---|---|---|---|---|
| Revenue | 14,003 | 10,595 | +32.2% | 12,180 | +15.0% |
| PBTProfit before tax | 1,724 | 1,134 | +52.0% | 1,495 | +15.3% |
| Net profit | 1,288 | 855 | +50.6% | 1,175 | +9.6% |
| EPS (₹) | 4.65 | 3.24 | +43.5% | 4.41 | +5.4% |
From the company's own results filing on NSE. Net profit is the owners' share. Growth and the dotted lines are worked out from the filed figures.
Guidance
In short
- 01Consolidated revenue was Rs 16,545 crore in Q2 FY27, up 31% year on year.
- 02Consolidated profit after tax was Rs 1,288 crore in Q2 FY27, up 38% year on year.
- 03Total lending portfolio of NBFC and HFC reached Rs 2,33,930 crore, up 32% year on year.
- 04Life insurance aims to grow individual first year premium at 20%+ CAGR over three years, with VNB margin above 20%.
- 05NBFC stage 2 and 3 loans fell to 2.31% in Sep'26 from 3.03% a year earlier.
- 06Health insurance H1 FY27 profit fell to Rs 46 crore from Rs 76 crore; combined ratio rose to 106.5%.
- 07AMC Q2 FY27 profit after tax was Rs 221 crore versus Rs 241 crore a year earlier.
Segments
Life Insurance: Life insurance individual first year premium Rs 2,342 crore in H1 FY27, up 25%
Slides · p. 5
Life Insurance: Life insurance individual first year premium Rs 2,342 crore in H1 FY27, up 25%
“Life insurance first year individual premium of ₹ 2,342 crore (↑ 25% y-o-y) in H1 FY27”
Health Insurance: Health insurance gross written premium Rs 4,543 crore in H1 FY27, up 48%
Slides · p. 5
Health Insurance: Health insurance gross written premium Rs 4,543 crore in H1 FY27, up 48%
“Health insurance gross written premium of ₹ 4,543 crore (↑ 48% y-o-y) in H1 FY27”
NBFC: NBFC has 485 branches, RoA 2.45%, disbursements up 17% q-o-q
Slides · p. 19
NBFC: NBFC has 485 branches, RoA 2.45%, disbursements up 17% q-o-q
“485 branches as of Sep’26 RoA: 2.45% Disbursements: ↑ 17% Q-o-Q”
NBFC: NBFC AUM Rs 1,76,557 crore at Sep'26, up 5% q-o-q and 26% y-o-y
Slides · p. 20
NBFC: NBFC AUM Rs 1,76,557 crore at Sep'26, up 5% q-o-q and 26% y-o-y
“Total AUM 1,39,585 1,67,456 1,76,557 100% 5% 26%”
Unsecured business: NBFC unsecured business loans Rs 20,910 crore, up 11% q-o-q and 53% y-o-y
Slides · p. 20
Unsecured business: NBFC unsecured business loans Rs 20,910 crore, up 11% q-o-q and 53% y-o-y
“Unsecured business 13,663 18,780 20,910 12% 11% 53%”
Margins and costs
NBFC: NBFC net interest margin 6.00% in Q2 FY27 versus 6.07% in Q1 FY27
Slides · p. 27
NBFC: NBFC net interest margin 6.00% in Q2 FY27 versus 6.07% in Q1 FY27
“Net Interest Margin^ 6.06 6.06 6.07 6.00 6.02 6.03”
NBFC: NBFC cost-to-income ratio 30.44% in Q2 FY27 versus 33.06% a year ago
Slides · p. 27
NBFC: NBFC cost-to-income ratio 30.44% in Q2 FY27 versus 33.06% a year ago
“Cost-to-Income Ratio 31.50 33.06 31.81 30.44 30.97 31.11”
Housing Finance: Housing finance RoE 11.47% in Q2 FY27 versus 13.95% a year ago
Slides · p. 33
Housing Finance: Housing finance RoE 11.47% in Q2 FY27 versus 13.95% a year ago
“RoE 14.27 13.95 11.29 11.47 13.15 11.39”
Health Insurance: Health insurance H1 FY27 combined operating ratio 106.5% versus 103.1%
Slides · p. 66
Health Insurance: Health insurance H1 FY27 combined operating ratio 106.5% versus 103.1%
“Combined operating ratio 104.5% 99.4% 106.0% 107.1% 103.1% 106.5%”
Debt and working capital
Standalone: Standalone debt to equity 4.28 at Sep-26 versus 4.24 at Jun-26
Slides · p. 9
Standalone: Standalone debt to equity 4.28 at Sep-26 versus 4.24 at Jun-26
“D/E 4.24 4.28”
Standalone: Standalone total CRAR 18.76% at Sep-26 versus 18.82% at Jun-26
Slides · p. 9
Standalone: Standalone total CRAR 18.76% at Sep-26 versus 18.82% at Jun-26
“Total CRAR 18.82% 18.76%”
NBFC: NBFC raised long-term borrowing of Rs 10,077 crore in Q2 FY27
Slides · p. 26
NBFC: NBFC raised long-term borrowing of Rs 10,077 crore in Q2 FY27
“Raised LT borrowing of ₹ 10,077 crore in Q2 FY27”
Housing Finance: Housing finance average cost of borrowings 7.47% in Q2 FY27
Slides · p. 32
Housing Finance: Housing finance average cost of borrowings 7.47% in Q2 FY27
“Average cost of borrowings of 7.47% in Q2 FY27”
Housing Finance: Housing finance holds AAA long-term credit rating
Slides · p. 32
Housing Finance: Housing finance holds AAA long-term credit rating
“Long-term credit rating of AAA (Crisil, ICRA, India ratings)”
Acquisitions and new business
Alternate assets: Real estate AUM Rs 860 crore; fund raising underway for Real Estate Credit Opp. Fund II
Slides · p. 39
Alternate assets: Real estate AUM Rs 860 crore; fund raising underway for Real Estate Credit Opp. Fund II
“Real Estate AUM at ₹ 860 Cr. Fund raising underway for Aditya Birla Real Estate Credit Opp. Fund II”
Risks
NBFC: About 71% of NBFC loan book is secured
Slides · p. 22
NBFC: About 71% of NBFC loan book is secured
“Security ~71% of loan book is Secured”
Personal & Consumer: Over 97% of personal and consumer loans have credit score 700+
Slides · p. 24
Personal & Consumer: Over 97% of personal and consumer loans have credit score 700+
“>97% loans with credit score 700+”
NBFC: NBFC stage 2 and 3 loans 2.31% of book, down from 3.03% a year earlier
Slides · p. 25
NBFC: NBFC stage 2 and 3 loans 2.31% of book, down from 3.03% a year earlier
“Stage 2 and 3 3.03% 4,073 2.43% 3,867 2.31% 3,879”
NBFC: NBFC stage 3 provision coverage 48.4% versus 44.2% a year earlier
Slides · p. 25
NBFC: NBFC stage 3 provision coverage 48.4% versus 44.2% a year earlier
“Stage 3 PCR 44.2% 48.2% 48.4%”
Unsecured business: 46% of unsecured business stage 3 book covered under government guarantee
Slides · p. 25
Unsecured business: 46% of unsecured business stage 3 book covered under government guarantee
“*Unsecured business - 46% of Stage 3 book is covered under Govt.”
Other
Consolidated revenue Rs 16,545 crore in Q2 FY27, up 31% y-o-y
Slides · p. 5
Consolidated revenue Rs 16,545 crore in Q2 FY27, up 31% y-o-y
“Revenue at ₹ 16,545 Cr (↑ 31% y-o-y) in Q2 FY27”
Consolidated profit after tax Rs 1,288 crore in Q2 FY27, up 38% y-o-y
Slides · p. 5
Consolidated profit after tax Rs 1,288 crore in Q2 FY27, up 38% y-o-y
“Profit after tax at ₹ 1,288 Cr (↑ 38% y-o-y) in Q2 FY27”
NBFC and HFC: Total lending portfolio Rs 2,33,930 crore, up 32% y-o-y and 7% q-o-q
Slides · p. 5
NBFC and HFC: Total lending portfolio Rs 2,33,930 crore, up 32% y-o-y and 7% q-o-q
“Total lending portfolio of ₹ 2,33,930 crore (↑ 32% y-o-y & ↑ 7% q-o-q)”
AMC, Life and Health Insurance: Total AUM Rs 12,33,906 crore, up 116% y-o-y
Slides · p. 5
AMC, Life and Health Insurance: Total AUM Rs 12,33,906 crore, up 116% y-o-y
“Total AUM of ₹ 12,33,906 Cr (↑ 116% y-o-y)”
Standalone: Standalone return on equity 15.9% in Q2 FY27 and 16.7% in H1 FY27
Slides · p. 8
Standalone: Standalone return on equity 15.9% in Q2 FY27 and 16.7% in H1 FY27
“Return on equity 15.1% 14.2% 16.2% 15.9% 14.3% 16.7%”
Sources
- Investor presentation, Q2 FY27 Filed 30 Oct 2026 · 70 pages
- Earnings call transcript, not read The filing is a cover letter; the transcript is on the company's website
Management's own statements, quoted from its NSE filings. This page was read by AI and can contain mistakes: check the source pages before relying on any figure. No forecast or opinion of ours. Not investment advice.