Canara Robeco Asset Management Reports Quarterly Results: Revenue Up, Profit Down

1 min read Updated on 27 Oct 2025, 03:50 PM

Reviewed by

Radhika SahaniScanX News Team

Overview

Canara Robeco Asset Management's quarterly results show a 3.85% revenue increase to ₹1.08 billion, but a 2.66% decline in net profit to ₹487.10 million. EBITDA marginally improved by 0.29% to ₹680.00 million, while the EBITDA margin contracted by 1.76 percentage points to 63.15%. The results indicate revenue growth amid profitability challenges in the competitive asset management industry.

*this image is generated using AI for illustrative purposes only.

Canara Robeco Asset Management, a prominent player in the asset management industry, has released its quarterly financial results, showing a mixed performance with revenue growth but a decline in profit.

Financial Highlights

Metric	Current Quarter	Previous Year Quarter	Change
Revenue	₹1.08 billion	₹1.04 billion	+3.85%
Net Profit	₹487.10 million	₹500.40 million	-2.66%
EBITDA	₹680.00 million	₹678.00 million	+0.29%
EBITDA Margin	63.15%	64.91%	-1.76 percentage points

Key Takeaways

Revenue Growth

Canara Robeco Asset Management saw a 3.85% increase in revenue, rising to ₹1.08 billion from ₹1.04 billion in the same quarter last year. This growth indicates the company's ability to expand its business and attract more assets under management.

Profit Decline

Despite the revenue increase, the company experienced a 2.66% decrease in net profit, which fell to ₹487.10 million from ₹500.40 million year-over-year. This decline suggests potential challenges in managing costs or maintaining profit margins.

EBITDA Performance

The company's EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) showed a marginal increase of 0.29%, rising to ₹680.00 million from ₹678.00 million. This slight improvement indicates relatively stable operational performance.

EBITDA Margin Contraction

The EBITDA margin decreased to 63.15% from 64.91% in the previous year, representing a decline of 1.76 percentage points. This reduction in margin suggests that the company may be facing some pressure on its operational efficiency.

The mixed results from Canara Robeco Asset Management reflect the dynamic nature of the asset management industry. While the company has successfully grown its revenue, the decline in profit and EBITDA margin highlights the challenges in maintaining profitability in a competitive market environment.

IPO Performance and Pricing

The Initial Public Offering (IPO) of Canara Robeco AMC, which concluded its subscription period from October 9-13, saw robust demand with nearly 10 times oversubscription. The company had set the price band for its shares at ₹253-266 each.

Expected Listing Gains

According to grey market trends, Canara Robeco AMC shares are anticipated to list with a premium of approximately ₹22 per share. This suggests potential listing gains of around 8% for IPO investors.

IPO Details

Aspect	Details
IPO Size	₹1,326.00 crore
Offer Type	Offer for Sale (OFS)
Shares Offered	Nearly 5 crore
Price Band	₹253-266 per share
Subscription Rate	Nearly 10 times
Expected Listing Premium	₹22.00 per share (approx. 8%)

Key Points

The IPO was structured entirely as an Offer for Sale, meaning the proceeds will go to the selling promoters rather than the company.
Canara Bank holds a 51% stake in the AMC, while Orix Corporation owns the remaining stake.
The company raised over ₹750.00 crore from anchor investors, including major mutual funds and institutional investors, prior to the public offering.

This listing marks a significant milestone for Canara Robeco AMC, reflecting investor interest in the asset management sector. The modest premium suggests a balanced market response, potentially offering a stable foundation for the stock's performance in the secondary market.

Investors who participated in the IPO may see potential gains upon listing, while others might watch closely to gauge the stock's performance in its initial trading sessions.