ABCAPITALFinancial Services

Aditya Birla Capital Limited

Investment Company · ISIN INE674K01013 · BSE 540691 · NSE EQ · FV ₹10
Last price
₹390
+2.28%today
What this company does

Aditya Birla Capital Limited operates in Investment Company, part of the Financial Services sector. It booked ₹12,180 cr of revenue in its latest quarter (Q1 FY27) and kept 9.6% of sales as profit. It is the 2nd largest of 9 Investment Company companies we track, by market value.

46out of 100
Equitytale Health Score
Mixed

Healthier than 46% of companies in Financial Services, on the 5 of 6 measures we could read for it. Each measure is ranked against the 106–250 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
43

At close. Not part of the score.

Profitability & returns42

How much profit it earns on the money it employs

Cash quality4

Whether reported profit actually arrives as cash

Growth & consistency51

Whether sales and profit have grown, and how steadily

Valuation29

What today's price implies, against our models or its peers

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Not measurable for this company: balance sheet. Those pillars are left out of the score rather than counted as zero.

Is this company doing well?
not investment advice
Strengths
Makes a profit
Sales up 28% vs last year
Profit up 41% vs last year
Promoters hold 69%
No promoter shares pledged
Watch-outs
! Carries high debt (D/E 2.7)
! Operating cash flow is negative

What if I invest in ABCAPITAL?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 10% a year, it would become
₹20.15 lakh

The starting rate is a round number, not a view on this company — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹390 +2.28%
latest close · 2026-09-17
1-year return
+266.9%
52-wk low ₹8652-wk high ₹431
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio21.9Average
LowAverageHigh
P/B ratio3.10High
Below bookModerateHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity13.7%Fair
WeakFairStrong ▸15%
Net margin9.6%Decent
ThinDecentStrong
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity2.70High
LowModerateHigh ▸1
More figures
Market cap
₹1.07 L cr
Book value
₹126
EPS
₹4.46
latest quarter
Net debt
Enterprise value
EBITDA
EBIT
Operating margin
Return on assets
1.4%
Earnings yield
4.57%
P/S
2.19
Sales / share
₹178.2
Tax rate
27.9%
Face value
₹10
Shares
273.4 cr
Working capital
Current assets
Current liabilities
Delivery %
50.0%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.

Worth vs price · from the exchange filings
not investment advice
Hard to value confidentlyLow confidence
The market price is far above what these earnings- and book-based models support — a fast-growing or asset-light business can trade well above them for years, so we won't put a confident number on how overpriced it is.
Models span ₹129₹176, midpoint ₹152

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Revenue from Operations₹12,180 cr
Other Income₹8 cr
Total Income₹12,187 cr
Cost of Materials₹0 cr
Purchases of Stock-in-Trade₹0 cr
Employee Benefit Expense₹676 cr
Finance Costs₹3,390 cr
Depreciation & Amortisation₹82 cr
Other Expenses₹6,097 cr
Total Expenses₹10,692 cr
Profit before Tax₹1,495 cr
Tax Expense₹417 cr
Share of JV / Associates₹146 cr
Net Profit₹1,224 cr
Net margin on total income10.0%
Where the money goes · Q1 FY27
% of total income
Employee benefit expense₹676 cr5.5%
Finance costs₹3,390 cr27.5%
Depreciation & amortisation₹82 cr0.7%
Other expenses₹6,545 cr53.1%
Tax expense₹417 cr3.4%
Profit for the period₹1,224 cr9.9%
Total income ₹12,187 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue11,952 cr13,459 cr12,180 cr
Total income12,002 cr13,476 cr12,187 cr
Expenses10,702 cr12,107 cr10,692 cr
Profit before tax1,232 cr1,383 cr1,495 cr
Tax356 cr395 cr417 cr
Net profit (owners' share)945 cr1,129 cr1,175 cr
Net margin (owners' share, on revenue)7.9%8.4%9.6%
EPS (₹)3.624.314.46
YoY (latest quarter): total income +27.9% · net profit +40.7%
Balance sheet & cash flow · as of Mar 2026
High debt
Total assets
₹3.35 L cr
Shareholder equity
₹34,423 cr
parent shareholders
Total debt
₹99,250 cr
Cash
₹2,403 cr
Cash flow · H1 FY26
Operating
₹-14,982 cr
Investing
₹-1,425 cr
Financing
₹16,554 cr
Peer comparison
Investment Company · by market value
CompanyPriceMarket capP/E
Jio Financial Services Limited₹229₹1.51 L cr45.1
Aditya Birla Capital Limitedthis company₹390₹1.07 L cr21.9
Cholamandalam Financial Holdings Limited₹1,499₹62,490 cr8.7
Tata Investment Corporation Limited₹719₹36,397 cr63.3
TVS Holdings Limited₹12,884₹26,077 cr10.7
Religare Enterprises Limited₹250₹15,052 cr
Maharashtra Scooters Limited₹13,151₹15,032 cr1,129.8
JSW Holdings Limited₹11,146₹12,370 cr126.0
Pilani Investment and Industries Corporation Limited₹4,082₹4,520 cr
Same industry · latest reported numbers · not a recommendation.
Who owns it · 2026-06-30
No pledge
Promoter
68.8%
FII / Foreign
8.6%
DII / Domestic
13.5%
Retail / others
9.1%
Promoter stake down 0.2% over the last 12 quarters.
Smart-money activity
Insider trades
BoughtBirla Group Holdings Private Limited · Promoter Group3.74 cr24 May 24
SoldMukesh Malik · Employees/Designated Employees50,900 · ₹91.5 L29 Sep 23
SoldAjay Prabhu · Other10,000 · ₹17.6 L27 Sep 23
Bulk / block deals
short · NSE3116 Sep 26
short · NSE331 Aug 26
short · NSE9128 Aug 26
Stake changes
BoughtBirla Group Holdings Private Limited · promoter→ 8.54% · 3.74 cr24 May 24
BoughtEssel Mining & Industries Limited · promoter→ 2.22% · 5.37 cr26 Apr 23
SoldIGH Holdings Private Limited · promoter→ 0.00% · 5.37 cr26 Apr 23
Promoter pledges
ReleasedAxis Trustee Services Ltd16.78 L · 0.08% held28 Sep 18
ReleasedYes Bank15.63 L · 0.07% held14 Mar 18
PledgedAxis Trustee16.78 L · 0.00% held14 Mar 18
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Yearly shareholder meeting · 14 Aug 2026
See the official result
1
Adoption of Audited Standalone Financial Statements of the Company for the financial year ended 31 March 2026 and the Reports of the Board of Directors’ and Auditors, thereon
Backed by 100% of shareholders other than promotersneeded 50%
55.62 cr votes for, 1.85 L against · 0% of mutual funds and other big investors said no
2
Adoption of Audited Consolidated Financial Statements of the Company for the financial year ended 31 March 2026 and the Report of Auditors, thereon
Backed by 100% of shareholders other than promotersneeded 50%
55.62 cr votes for, 1.85 L against · 0% of mutual funds and other big investors said no
3
Appointment of a Director in place of Mr. Kumar Mangalam Birla (DIN: 00012813) who retires by rotation and being eligible offers himself for re-appointment
Promoters had a personal stake in this
Backed by 70% of shareholders other than promotersneeded 50%
39.10 cr votes for, 16.55 cr against · 31% of mutual funds and other big investors said no
4
Appointment of a Director in place of Mr. Sushil Agarwal (DIN: 00060017) who retires by rotation and being eligible offers himself for re-appointment
Backed by 82% of shareholders other than promotersneeded 50%
45.40 cr votes for, 10.25 cr against · 19% of mutual funds and other big investors said no

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 26 named members
owning 68.8% between them · as of 2026-06-30
GRASIM INDUSTRIES LIMITED53.06%
BIRLA GROUP HOLDINGS PRIVATE LIMITED8.12%
ESSEL MINING & INDUSTRIES LTD1.96%
HINDALCO INDUSTRIES LIMITED1.45%
Surya Kiran Investments Pte Limited1.38%
PILANI INVESTMENT AND INDUSTRIES1.23%
P.T. Indo Bharat Rayon1.02%
Suryaja Investments Pte. Ltd.0.21%

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

Money it raised, and what it did with it

When a company raises money from investors, it has to say up front what the money is for. The rules then make it report, every three months until the money is gone, how much of each of those things it has actually paid for — so a promise made while asking for the money can be checked afterwards.

₹300 cr raised in Jun 2026 by non convertible debentures

The company has not broken this money down into purposes in its filing for Jun 2026, so there is nothing to measure it against yet.

₹4,000 cr raised in Jun 2026 by selling shares to selected investors

As of Jun 2026, the company says it has spent 75% of what it set aside, leaving ₹1,007 cr still to be spent. India Ratings & Research Private Limited watches the spending on the exchange’s behalf.

Not exceeding 87.5% of the proceeds from the Preferential Issue (after adjustment of expenses related to the Preferential Issue, if any) for meeting the growth objectives of the Company, including augmentation of the capital base, repayment of loan(s) and funding requirements for its lending business.
86%
₹2,993 cr of ₹3,500 cr
Not exceeding 12.5% of the proceeds from the Preferential Issue (after adjustment of expenses related to the Preferential Issue, if any) for General Corporate Purposes, including (without limitation), investment in subsidiaries/ joint ventures/ associates of the Company (existing or future), as applicable in such a manner and proportion as may be decided by the Board from time to time and/ or any other general purposes as may be permissible under applicable laws.
0%
₹0 cr of ₹500 cr

Every figure above is taken from the statement the company files with the stock exchange each quarter, for as long as money it has raised remains unspent. The only thing we work out is how much of each stated purpose has been paid for — one number divided by another from the same filing. Whether a plan that changed was a good change is not something a filing can tell you. See the filing

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.