Morgan Stanley Maintains Overweight Rating on Aditya Birla Capital with ₹405 Target Price
Morgan Stanley maintained its Overweight rating on Aditya Birla Capital with a ₹405 target price, highlighting strong business fundamentals. The company achieved impressive 48% year-on-year housing finance loan growth and demonstrated robust NII and profit growth driven by operating leverage. Asset quality improvements were evident through lower NPAs and declining provisioning, supporting earnings growth, though some operating metrics fell slightly below estimates.
Aditya Birla Capital Attracts Major Investors in Block Deal, Plans Rs 2,100 Crore Fund Raise
Aditya Birla Capital Limited (ABCL) has seen significant market activity with institutional investors acquiring stakes through a block deal and the company's board approving a Rs 2,100.00 crore fund raise. Mirae Asset Mutual Fund and BlackRock Global Funds participated in the block deal, acquiring a 0.89% stake from Advent International. The board's approval for raising funds through preferential allotment of shares indicates plans for capital base strengthening.
11Jun 25
Advent International to Offload 1.4% Stake in Aditya Birla Capital for Rs 856 Crore
Advent International plans to sell 3.6 crore shares (1.4% stake) in Aditya Birla Capital through a block deal. The floor price is set at Rs 237.81 per share, potentially raising Rs 856.00 crore. This will reduce Advent's stake from 3.84% to 2.44%. The shares will have a 30-day lock-in period. The deal could impact market sentiment, increase stock liquidity, and alter the company's ownership structure.
11Jun 25
Aditya Birla Capital Sees Massive Block Trade Worth ₹367.8 Crore on BSE
Aditya Birla Capital experienced a significant block trade on the Bombay Stock Exchange during pre-open trading. The transaction involved approximately 15,157,676 shares, valued at ₹367.80 crore. The shares were traded at ₹242.65 each. This large-scale transaction could potentially influence the stock's performance and investor sentiment.
11Jun 25
Aditya Birla Capital Sees Major Block Deal and Q4 Profit Growth
Aditya Birla Capital Ltd. (ABCL) experienced a significant block deal of 2.34 crore shares at ₹242.65 per share, totaling ₹568.00 crore. The company's Q4 results showed a 6% increase in consolidated profit to ₹865.00 crore, excluding one-off gains. ABCL's lending portfolio grew by 27% to ₹1.57 lakh crore, indicating strong market performance.
10Jun 25
Advent's Jomei Investments to Offload 1.4% Stake in Aditya Birla Capital for ₹856 Crore
Jomei Investments, owned by Advent International, plans to sell a 1.4% stake in Aditya Birla Capital through a block deal worth ₹856.00 crore. The floor price is set at ₹237.80 per share. Aditya Birla Capital reported a 6% YoY increase in consolidated profit to ₹865.00 crore for the fourth quarter, with total income rising to ₹12,239.00 crore.
30May 25
Aditya Birla Capital Injects ₹250 Crore into ABHFL through Rights Issue
Aditya Birla Capital has invested ₹250.00 crore in its subsidiary, Aditya Birla Housing Finance Limited (ABHFL), through a rights issue. This investment aims to strengthen ABHFL's financial position and support its growth in the housing finance sector.
16May 25
Aditya Birla Capital Reports Strong Q4 Performance, Analysts Bullish
Aditya Birla Capital reported impressive Q4 results with robust growth across business segments. The company saw double-digit increases in AUM and disbursements, improved asset quality, and lower credit costs. The NBFC segment increased secured loans to 46%. Growth is expected to be driven by high-margin personal and consumer loans. Strong performance was noted in Asset Management, Life Insurance, and Health Insurance divisions. In response, analysts have raised target prices by 6-9%.
13May 25
Aditya Birla Capital Reports Mixed Q4 Results: Revenue Up, Profit Down 30.6%
Aditya Birla Capital's Q4 financial results show contrasting trends. Total income increased by 13.30% to ₹12,239.00 crore, while net profit declined by 30.60% to ₹865.00 crore compared to the previous year. Despite the profit decline, the company reported growth in key segments including mutual funds, housing finance, and life insurance. The mutual fund QAAUM grew by 15%, housing finance AUM increased by 69%, and life insurance AUM crossed ₹1 lakh crore in April 2023.
02May 25
Aditya Birla Capital to Hold Board Meeting for Q4 Results and Potential Fund Raising
Aditya Birla Capital Limited (ABCL) has scheduled a board meeting for May 13, 2025, to approve Q4 and FY 2024-25 financial results and consider raising funds through debt securities. The company has implemented a trading window closure for designated persons from April 1 to May 15, 2025. The meeting outcomes will provide insights into ABCL's financial performance and future growth strategies.
23Apr 25
Aditya Birla Capital Secures IRDAI Approval as Corporate Agent for Composite Insurance Business
Aditya Birla Capital Limited (ABCL) has received approval from IRDAI to operate as a Corporate Agent (Composite). The license, valid from April 21, 2025, to April 20, 2028, allows ABCL to offer life, general, and health insurance products. This strategic move enables the company to provide a comprehensive range of insurance solutions, potentially enhancing its market presence and business growth opportunities in the insurance sector.
22Apr 25
Aditya Birla Capital Secures IRDAI Approval for Corporate Agent License
Aditya Birla Capital has received a certificate of registration from IRDAI to operate as a Corporate Agent (Composite). This license allows the company to solicit life, general, and health insurance business, significantly expanding its scope in the insurance sector. The approval enables Aditya Birla Capital to offer a comprehensive range of insurance products, potentially leading to diversified revenue streams and enhanced cross-selling opportunities.
01Apr 25
Aditya Birla Capital Completes Amalgamation, Appoints New Leadership
Aditya Birla Capital Limited (ABCL) has completed a significant corporate restructuring by amalgamating its wholly-owned NBFC subsidiary, Aditya Birla Finance Limited (ABFL), effective April 1, 2025. The merger, approved by NCLT Ahmedabad Bench, aims to streamline operations and enhance financial strength. ABCL will transition from a Core Investment Company to an operating NBFC. Leadership changes include Vishakha Mulye as MD & CEO and Rakesh Singh as Executive Director & CEO (NBFC). The board has been expanded with two new independent directors. As of December 31, 2024, ABCL reported aggregate assets under management over Rs. 5.03 Lakh Crore and a consolidated lending book over Rs. 1.46 Lakh Crore.
31Mar 25
Aditya Birla Capital Completes Merger with Aditya Birla Finance, Appoints New Leadership
Aditya Birla Capital Limited (ABCL) has merged with Aditya Birla Finance Limited (ABFL), effective April 1, 2025. Ms. Vishakha Mulye is appointed as MD and CEO of the merged entity, while Mr. Rakesh Singh becomes Executive Director and CEO (NBFC). Two new independent directors, Mr. Nagesh Pinge and Mr. Sunil Srivastav, join the board. Mr. Deep Pal Singh is the new Chief Risk Officer. The company also approved raising funds through debt securities within a ₹135,000 crore limit.