Canara Robeco Asset Management Q3FY26 Results: PAT Grows 10.2% to ₹527.54 Crores
Canara Robeco Asset Management Company Limited reported strong Q3FY26 results with PAT growing 10.2% to ₹527.54 crores and revenue from operations increasing 14.3% to ₹1,097.70 crores. Nine-month PAT reached ₹1,624.43 crores, up 9.0% year-on-year. The Board appointed Mr. Santanu Kumar Majumdar as Chairman and approved 14,55,109 stock options under ESOP 2025. The company successfully completed its IPO listing in October 2025 and declared dividends totaling ₹3.00 per share during the period.
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Canara Robeco Asset Management Company Limited announced its unaudited financial results for the quarter ended December 31, 2025, showcasing robust growth across key financial metrics. The asset management company demonstrated strong operational performance with significant improvements in revenue and profitability.
Financial Performance Overview
The company's financial performance for Q3FY26 reflected strong growth momentum across all major parameters:
| Metric | Q3FY26 | Q3FY25 | Growth (%) |
|---|---|---|---|
| Revenue from Operations | ₹1,097.70 cr | ₹959.98 cr | +14.3% |
| Total Income | ₹1,214.64 cr | ₹966.54 cr | +25.7% |
| Profit Before Tax | ₹704.87 cr | ₹643.03 cr | +9.6% |
| Profit After Tax | ₹527.54 cr | ₹478.58 cr | +10.2% |
| Earnings Per Share (Basic) | ₹2.65 | ₹2.40 | +10.4% |
Nine-Month Performance Analysis
For the nine months ended December 31, 2025, the company maintained its growth trajectory with revenue from operations reaching ₹3,107.41 crores compared to ₹2,632.89 crores in the corresponding period of the previous year, representing an 18.0% increase. Profit after tax for the nine-month period stood at ₹1,624.43 crores, up from ₹1,489.76 crores, marking a 9.0% year-on-year growth.
Other Income and Fair Value Changes
The company reported significant other income of ₹116.94 crores in Q3FY26, primarily driven by net gain on fair value changes of ₹115.51 crores compared to ₹6.20 crores in Q3FY25. This substantial increase in fair value gains contributed meaningfully to the overall income growth during the quarter.
Expense Management
Total expenses for Q3FY26 increased to ₹509.77 crores from ₹323.50 crores in Q3FY25, primarily due to higher employee benefits expenses which rose to ₹327.94 crores from ₹198.30 crores. Other expenses also increased to ₹157.11 crores from ₹108.05 crores, reflecting the company's expansion and growth investments.
Board Decisions and Corporate Actions
The Board of Directors, in its meeting held on January 20, 2026, approved several important decisions:
| Decision Type | Details |
|---|---|
| New Chairman | Appointed Mr. Santanu Kumar Majumdar (DIN: 08223415) as Chairman |
| Stock Options Grant | 14,55,109 options under ESOP 2025 scheme |
| Share Face Value | ₹10 per equity share |
| Exercise Period | Maximum 5 years from vesting date |
| Vesting Period | Maximum 3 years from grant date |
The company also revised its definition of "Revenue from Operations" in Financial Key Performance Indicators to provide enhanced clarity to investors, now including revenue from PMS/Advisory services and interest/rental income.
Dividend Distribution
During the period ended December 31, 2025, the company declared and paid a final dividend of ₹1.50 per equity share for FY25, approved by the Board on May 5, 2025. Additionally, an interim dividend of ₹1.50 per equity share for FY26 was declared by the Board on December 16, 2025.
Market Listing and Public Offering
The company successfully completed its Initial Public Offering during Q3FY26, with 4,98,54,357 equity shares listed on both NSE and BSE on October 16, 2025. The paid-up equity share capital remained stable at ₹1,994.17 crores with a face value of ₹10 per share.
Historical Stock Returns for Canara Robeco Asset Management Company
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.74% | -1.51% | -6.37% | -5.79% | -5.79% | -5.79% |
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