UTI Asset Management Company Limited announced its audited standalone and consolidated financial results for FY26 on April 23, 2026, followed by a comprehensive earnings conference call. The board of directors approved the financial statements and recommended a final dividend of ₹40 per equity share, subject to shareholder approval at the upcoming Annual General Meeting.
Management's Strategic Vision
During the earnings call, Managing Director and CEO Vetri Subramaniam outlined the company's single-line agenda: accelerating growth from the strengthened foundation built over recent years. The company has undertaken significant infrastructure refresh across investment capabilities, distribution, and technology platforms. With 270 branches and 1,248 employees as of March 2026, management believes the company is operating below capacity and positioned for substantial growth.
| Strategic Metrics: |
Current Status |
Previous Status |
| Total Branches: |
270 UFCs |
Expanded network |
| Employee Strength: |
1,248 |
1,402 (March 2024) |
| Supervisor-to-RM Ratio: |
1:5 |
1:1 (previously) |
| Workforce Average Age: |
36 years |
41 years (FY21) |
| Gen Z Representation: |
38% |
5% (five years ago) |
Standalone Financial Performance
The company delivered mixed results in its standalone operations for FY26. While core income from sale of services grew to ₹1,255.17 crore from ₹1,179.68 crore in FY25, the normalised core PAT increased marginally to ₹460 crore compared to ₹447 crore in the previous year.
| Metric: |
FY26 |
FY25 |
Change (%) |
| Core Income from Services: |
₹1,255.17 crore |
₹1,179.68 crore |
+6% |
| Normalised Core PAT: |
₹460 crore |
₹447 crore |
+3% |
| Total Revenue from Operations: |
₹1,475.54 crore |
₹1,449.21 crore |
+2% |
| Profit for the Year: |
₹539.75 crore |
₹653.52 crore |
-17% |
Consolidated Results Analysis
On a consolidated basis, the company showed stronger performance with core income from sale of services reaching ₹1,538.92 crore for FY26 compared to ₹1,445.31 crore in FY25. However, the profit attributable to owners declined to ₹404.12 crore from ₹731.49 crore in the previous year.
| Parameter: |
FY26 |
FY25 |
Growth (%) |
| Consolidated Core Income: |
₹1,538.92 crore |
₹1,445.31 crore |
+6% |
| Total Revenue from Operations: |
₹1,698.05 crore |
₹1,851.09 crore |
-8% |
| Profit Attributable to Owners: |
₹404.12 crore |
₹731.49 crore |
-45% |
| Basic EPS: |
₹31.51 |
₹57.35 |
-45% |
Business Performance Highlights
UTI Group's total AUM reached ₹23.42 lakh crore as of March 31, 2026, with mutual fund AUM at ₹3.88 lakh crore compared to ₹3.39 lakh crore last year. The company added 7.16 lakh new investors during FY26, taking the total folio base to 1.38 crore.
| Business Metrics: |
FY26 |
Performance |
| UTI Group Total AUM: |
₹23.42 lakh crore |
Strong growth |
| Mutual Fund AUM: |
₹3.88 lakh crore |
vs ₹3.39 lakh crore (FY25) |
| New Investor PANs: |
7.16 lakh |
Added during year |
| Total Folio Base: |
1.38 crore |
Cumulative |
| SIP Registrations: |
14.5 lakh gross |
76% through digital channels |
Digital Transformation and Innovation
The company has made significant investments in digital infrastructure, delivering a 234% increase in digital revenue, 33% increase in transactions, and 31% reduction in cost per transaction. UTI AMC launched VAANI, an AI-powered contact centre solution that has automated 59% of inbound calls, and became the first AMC in India to offer WhatsApp payment facility via CAMSPay.
| Digital Initiatives: |
Achievement |
| Digital Revenue Growth: |
+234% |
| Transaction Volume: |
+33% |
| Cost per Transaction: |
-31% |
| Call Automation: |
59% via VAANI AI |
| Language Support: |
8 regional languages |
Product Portfolio and Passive Business
The company successfully launched UTI Multicap Fund, mobilizing approximately ₹1,000 crore, while UTI Arbitrage Fund crossed the ₹10,000 crore AUM milestone. The passive business continues scaling with ETF AUM at ₹18,963 crore and Index Fund AUM at ₹5,934 crore, maintaining leadership in the Smart Beta category.
| Product Performance: |
AUM/Details |
| UTI Multicap Fund: |
₹1,000 crore mobilized |
| UTI Arbitrage Fund: |
₹10,000+ crore milestone |
| ETF AUM: |
₹18,963 crore |
| Index Fund AUM: |
₹5,934 crore |
| Total Passive AUM: |
₹24,897 crore |
Exceptional Items and Cost Management
The company's results were significantly impacted by exceptional items totaling ₹108.54 crore on standalone basis and ₹108.90 crore on consolidated basis, primarily related to the Voluntary Retirement Scheme and implementation of New Labour Codes. Management provided guidance for normalized quarterly employee costs at ₹90-95 crore for standalone and ₹125-130 crore for consolidated operations.
Dividend Recommendation and Future Outlook
The board recommended a final dividend of ₹40 per equity share for FY26, maintaining the company's commitment to returning value to shareholders. Management emphasized their focus on growing market share in SIPs, expanding distribution reach in B30 cities, and leveraging digital capabilities to drive sustainable growth while maintaining cost discipline.
| Capital Structure: |
FY26 |
FY25 |
| Paid-up Equity Capital: |
₹128.52 crore |
₹127.98 crore |
| Other Equity (Standalone): |
₹3,606.54 crore |
₹3,657.88 crore |
| Proposed Dividend per Share: |
₹40 |
- |
| Dividend Payout Trend: |
~95% of profits |
Historical trend |
The financial results have been audited by BSR & Co. LLP and are available on the company's website. The earnings call transcript provides detailed insights into management's strategic priorities and operational performance across all business segments.