Aditya Birla Capital Limited announced its audited financial results (standalone and consolidated) for the quarter and year ended March 31, 2026, at its Board of Directors meeting held on May 04, 2026. The company reported strong across-the-board growth, with consolidated net profit rising to 11.3B Rupees in Q4 compared to 8.6B Rupees in the same period last year. On a full-year basis, consolidated profit after tax grew 21% year-on-year to ₹3,797 crore in FY26. The total lending portfolio crossed the ₹2 lakh crore milestone, growing 32% year-on-year and 9% sequentially to ₹2,07,368 crore as on March 31, 2026.

Consolidated Financial Performance

The company delivered consistent revenue and profitability growth across both the quarter and the full year. Q4 consolidated revenue came in at 136B Rupees compared to 122B Rupees in the year-ago period. The following table summarises the key consolidated financial metrics:

Business Segment Highlights

NBFC Business

The NBFC segment demonstrated robust growth across disbursements, assets under management, and profitability during the quarter and the full year.

• Disbursements grew by 28% year-on-year and 16% sequentially to ₹24,947 crore in Q4 FY26
• AUM grew by 27% year-on-year and 8% sequentially to ₹1,59,916 crore
• Profit before tax grew by 26% year-on-year to ₹1,106 crore in Q4 FY26 and 20% year-on-year to ₹4,023 crore in FY26
• Return on assets was 2.31% in Q4 FY26 and 2.25% in FY26
• Gross stage 2 and 3 ratio improved by 136 bps year-on-year and 38 bps sequentially to 2.42%

Housing Finance

The housing finance business recorded accelerated growth in disbursements and AUM, with profitability more than doubling on a year-on-year basis in Q4 FY26.

• Disbursements grew by 37% year-on-year and 29% sequentially to ₹7,977 crore in Q4 FY26
• AUM grew by 53% year-on-year and 12% sequentially to ₹47,452 crore
• Profit before tax grew by more than two times year-on-year to ₹255 crore in Q4 FY26 and 98% year-on-year to ₹832 crore in FY26
• Return on assets was 2.07% in Q4 FY26 and 1.88% in FY26
• Gross stage 2 and 3 ratio improved by 63 bps year-on-year and 19 bps sequentially to 0.76%
• The company concluded an equity fund raise of ₹2,750 crore in Aditya Birla Housing Finance from Advent International in April 2026

AMC Business

The asset management business reported steady growth in assets under management and operating profitability.

Life Insurance and Health Insurance

Both insurance businesses posted strong premium growth during FY26. The life insurance segment saw individual first year premium grow by 15% year-on-year to ₹4,725 crore, while group new business premium increased by 31% year-on-year to ₹7,314 crore. Renewal premium grew by 17% year-on-year to ₹12,190 crore. Net value of new business (VNB) margin increased by 260 bps year-on-year to 20.6% in FY26, with absolute net VNB growing by 29% year-on-year to ₹1,055 crore.

The health insurance business recorded gross written premium growth of 39% year-on-year to ₹6,855 crore in FY26. Standalone health insurer market share increased by 110 bps year-on-year to 13.7% in FY26, and the combined ratio improved to 103% in FY26 from 105% in FY25.

Digital Platforms and Physical Expansion

The company's D2C platform, ABCD, offers more than 26 products and services including payments, loans, insurance, and investments, and recorded approximately 1.1 crore customer acquisitions as of March 31, 2026. The B2B platform for the MSME ecosystem, Udyog Plus, scaled up significantly with 24 lakh registrations and reached an AUM of ₹5,814 crore as of March 31, 2026. The company maintained a pan-India presence of 1,740 branches across all businesses as of March 31, 2026, with expansion targeted at tier 3 and tier 4 towns and new customer segments.

Board Approvals: Borrowing Limit and NCD Issuance

The Board of Directors approved raising the overall borrowing limit to Rs. 2,00,000 crore from the existing Rs. 1,65,000 crore, subject to shareholder approval. Within this limit, the Board approved the issuance of non-convertible debentures (NCDs) across various categories, with the following sub-limits:

The company also confirmed nil deviation or variation in the utilisation of issue proceeds of listed non-convertible debt securities for the quarter ended March 31, 2026, in compliance with Regulations 52(7) and 52(7A) of the SEBI Listing Regulations.

Regulatory Disclosure: Conference Call Recording

In compliance with Regulation 30(6) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Aditya Birla Capital has made the audio recording of the conference call held on May 04, 2026, on the audited financial results for the quarter and year ended March 31, 2026, available on the company's website at https://www.adityabirlacapital.com/investor-relations/quarterly-results .

Aditya Birla Capital Limited has successfully completed the allotment of non-convertible debentures worth ₹125 crore through private placement on April 30, 2026. The financial services company allotted 12,500 unsecured, rated, listed, taxable, redeemable subordinated non-convertible debentures to identified investors, as communicated to BSE Limited and National Stock Exchange of India Limited through regulatory filing.

Debenture Issue Structure

The debenture issue exceeded the base size through the green shoe option utilization. The company had initially planned an issue size of ₹100 crore with a green shoe option up to ₹150 crore, ultimately allotting ₹125 crore to meet funding requirements.

Listing and Security Features

The debentures will be listed on BSE Limited and National Stock Exchange of India Limited, providing liquidity to investors. The instruments are unsecured in nature, with no charge or security created over the company's assets. The debentures carry subordinated status and are rated instruments, providing investors with transparency regarding credit quality.

Payment Structure and Cash Flow Schedule

The debentures feature annual coupon payments over the 10-year tenure. Each debenture will generate annual coupon payments of ₹8,066.80, with the payment schedule extending from April 30, 2027, for the first coupon to April 30, 2036, for the final coupon and principal redemption.

Redemption Terms and Regulatory Compliance

The debentures will be redeemed at the redemption price of ₹1,00,000 per debenture on the maturity date of April 30, 2036. The company has structured the instrument as a bullet repayment, with the entire principal amount due at maturity alongside the final coupon payment. The allotment was completed pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and other applicable provisions.

The successful completion of this private placement strengthens the company's funding profile and provides long-term capital for business operations. The 10-year tenure offers investors a stable income stream through regular annual coupon payments at the fixed rate of 8.0668% per annum.