Aditya Birla Money Limited Appoints Amit Lahoti as Head of Equity Research

1 min read     Updated on 17 Apr 2026, 09:50 PM
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Aditya Birla Money Limited has appointed Mr. Amit Lahoti as Head – Equity Research, effective April 17, 2026, following Board approval based on the Nomination & Remuneration Committee's recommendation. Mr. Lahoti brings over 15 years of experience in equity research across global and Indian Metals & Mining sectors, with a proven track record at Citigroup and current leadership role at Emkay Global. The appointment strengthens the company's senior management team and research capabilities in compliance with SEBI regulations.

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Aditya Birla Money Limited has announced a key senior management appointment, naming Mr. Amit Lahoti as Head – Equity Research. The appointment was approved by the company's Board of Directors on April 17, 2026, following a recommendation from the Nomination & Remuneration Committee.

Board Approval and Effective Date

The Board of Directors approved Mr. Lahoti's appointment during their meeting held on April 17, 2026. As per the company's disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the appointment takes effect immediately from April 17, 2026.

Parameter: Details
Appointee: Mr. Amit Lahoti
Position: Head – Equity Research
Designation: Senior Management Personnel
Effective Date: April 17, 2026
Employment Type: Full-Time Employment

Professional Background and Experience

Mr. Lahoti brings extensive expertise to his new role, with over 15 years of experience in equity research. His professional background includes:

  • Current Role: Leading sector coverage at Emkay Global
  • Previous Experience: Proven track record at Citigroup in building differentiated insights across commodities and mining value chains
  • Sector Expertise: Global and Indian Metals & Mining sectors
  • Recognition: Consistent recognition in top-tier client surveys
  • Core Capabilities: Strong franchise building, deep corporate access, investor engagement, and deal origination

Strategic Role and Responsibilities

As Head – Equity Research, Mr. Lahoti will be part of the Core Senior Management Team of the Company. His appointment is expected to strengthen the company's research capabilities, combining sector expertise with strategic perspective to drive high-impact research and client outcomes.

Regulatory Compliance

The appointment was disclosed in compliance with Regulation 30 read with Schedule III Part A Para A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has provided all required details as per SEBI Circular No. SEBI/HO/CFD/CFDPoDI/P/CIR/2023/123 dated July 13, 2023, and Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024.

This strategic appointment reflects Aditya Birla Money Limited's commitment to strengthening its senior management team with experienced professionals who can contribute to the company's growth and enhance its research capabilities in the equity markets.

Historical Stock Returns for Aditya Birla Money

1 Day5 Days1 Month6 Months1 Year5 Years
+1.83%+11.64%+23.21%-12.06%-11.05%+245.37%

How will Mr. Lahoti's metals and mining sector expertise influence Aditya Birla Money's research coverage strategy in commodity-linked equities?

What impact could this senior appointment have on Aditya Birla Money's competitive positioning against other brokerage firms in the equity research space?

Will Aditya Birla Money expand its institutional client base or research product offerings following this leadership change in equity research?

Aditya Birla Money Reports FY26 Net Profit of ₹5,847.59 Lakh, Revenue Rises to ₹46,859.10 Lakh

2 min read     Updated on 17 Apr 2026, 07:55 PM
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Aditya Birla Money Limited reported FY26 revenue of ₹46,859.10 lakh, up from ₹45,314.50 lakh in FY25, while net profit declined to ₹5,847.59 lakh from ₹7,419.08 lakh. Q4 FY26 net profit reached ₹1,873.24 lakh with revenue of ₹12,979.66 lakh. The Wholesale Debt Market segment outperformed Broking with profit of ₹4,967.34 lakh. Net worth increased to ₹30,025.27 lakh, debt-equity ratio stood at 7.26 times, and EPS declined to ₹10.35. Deloitte Haskins & Sells LLP issued an unmodified audit opinion.

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Aditya Birla Money Limited announced its audited financial results for the quarter and financial year ended March 31, 2026, following a Board of Directors meeting held on April 17, 2026. The company's financial performance for the year reflects mixed results with revenue growth but a decline in net profitability compared to the previous fiscal year.

For the financial year ended March 31, 2026, the company reported total revenue from operations of ₹46,859.10 lakh, an increase from ₹45,314.50 lakh in FY25. However, net profit for the year declined to ₹5,847.59 lakh compared to ₹7,419.08 lakh in the previous year. The profit before tax for FY26 stood at ₹7,870.92 lakh, lower than the ₹10,164.80 lakh recorded in FY25. Total comprehensive income for the year was ₹6,411.94 lakh, down from ₹7,342.52 lakh in the preceding year.

Quarterly Performance

In the quarter ended March 31, 2026, the company achieved total revenue from operations of ₹12,979.66 lakh, up from ₹9,945.56 lakh in the corresponding quarter of the previous year. Net profit for Q4 FY26 reached ₹1,873.24 lakh, compared to ₹932.59 lakh in Q4 FY25. The profit before tax for the quarter was ₹2,571.53 lakh, while total comprehensive income stood at ₹1,916.53 lakh. The operating margin for Q4 FY26 improved to 19.81% from 12.72% in the same period last year.

Segment-wise Performance

The company's operations are segmented into Broking, Wholesale Debt Market, and Others. For FY26, the Broking segment reported revenue of ₹35,532.42 lakh, while the Wholesale Debt Market segment contributed ₹11,038.61 lakh. The Broking segment recorded a profit of ₹2,480.19 lakh for the year, whereas the Wholesale Debt Market segment posted a higher profit of ₹4,967.34 lakh. Total segment assets as of March 31, 2026, stood at ₹3,44,011.82 lakh, with total liabilities at ₹3,16,593.31 lakh.

Financial Position and Ratios

As of March 31, 2026, the company's net worth was ₹30,025.27 lakh, compared to ₹23,613.33 lakh in the previous year. Outstanding debt increased to ₹2,17,928.54 lakh from ₹1,67,849.82 lakh. The debt-equity ratio stood at 7.26 times, while the interest service coverage ratio was 1.72 times for Q4 FY26. The current ratio was 1.04, and the net profit margin for the year was 12.48%. Basic and diluted earnings per share for FY26 were ₹10.35, compared to ₹13.13 in the previous year.

Key Financial Metrics FY26 (₹ in Lakhs) FY25 (₹ in Lakhs)
Total Revenue from Operations 46,859.10 45,314.50
Net Profit 5,847.59 7,419.08
Profit Before Tax 7,870.92 10,164.80
Total Expenses 39,149.56 36,093.22
Net Worth 30,025.27 23,613.33
Outstanding Debt 2,17,928.54 1,67,849.82

Auditor's Report

Deloitte Haskins & Sells LLP, the statutory auditors, issued an unmodified opinion on the audited financial results for the year ended March 31, 2026. The auditors confirmed that the financial results are presented in accordance with the requirements of Regulation 33 and Regulation 52(4) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The report also included a review of the quarterly financial results for the period ended March 31, 2026. The Board of Directors approved the audited financial statements and results during the meeting held on April 17, 2026.

Historical Stock Returns for Aditya Birla Money

1 Day5 Days1 Month6 Months1 Year5 Years
+1.83%+11.64%+23.21%-12.06%-11.05%+245.37%

What strategic initiatives will Aditya Birla Money implement to reverse the 21% decline in net profit and improve operational efficiency in FY27?

How will the company's high debt-equity ratio of 7.26 times impact its ability to secure future funding and expansion plans?

Will the superior profitability of the Wholesale Debt Market segment lead to increased capital allocation away from the traditional Broking business?

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1 Year Returns:-11.05%