Edelweiss Financial Services
108.28
+0.25(+0.23%)
Market Cap₹10,220.20 Cr
PE Ratio18.49
Company Performance:
1D+0.23%
1M-5.88%
6M+30.02%
1Y-10.94%
5Y+261.90%
View Company Insightsright
More news about Edelweiss Financial Services
27Aug 25
Edelweiss Financial Services Clarifies: Block Deal Was Employee Welfare Trust Transaction, Not Promoter Sale
Edelweiss Financial Services Limited (EFSL) has issued a clarification regarding a recent block deal involving its shares. The company stated that the Edelweiss Employee Welfare Trust (EWT) executed the transaction, not the promoters as mistakenly reported by some media outlets. The shares were acquired by Abakkus Asset Manager Pvt. Ltd. EFSL expressed concern over the initial misreporting and its potential consequences, including investor confusion and unwarranted share price volatility. The company emphasized its commitment to transparency and accurate information dissemination.
26Aug 25
Sunil Singhania's Abakkus Asset Manager Acquires Significant Stake in Edelweiss Financial Services
Abakkus Asset Manager Pvt Ltd, led by renowned investor Sunil Singhania, has purchased 6.43 million shares of Edelweiss Financial Services through open market transactions. This acquisition represents a substantial stake in the company, potentially influencing its shareholder structure. The move is seen as a strategic investment and a vote of confidence in Edelweiss Financial Services' business model and future prospects.
22Aug 25
Edelweiss to Divest 15% Stakes in EAML and ETCL to Westbridge Capital for ₹450 Crore
Edelweiss Financial Services Limited (EFSL) has agreed to sell up to 15% stakes in Edelweiss Asset Management Limited (EAML) and Edelweiss Trusteeship Company Limited (ETCL) to Westbridge Capital affiliates for ₹450 crore. EAML, the asset manager of Edelweiss Mutual Fund, reported an income of ₹247.23 crore and net worth of ₹205.48 crore. ETCL, the trustee of Edelweiss Mutual Fund, had an income of ₹0.43 crore and net worth of ₹0.69 crore. The transaction, executed on August 22, is expected to complete by March next year, subject to regulatory approvals.
15Aug 25
Edelweiss Alternatives Announces Leadership Changes Ahead of Planned IPO
Edelweiss Alternatives, a subsidiary of Edelweiss Financial Services, has announced significant leadership changes as it prepares for its IPO in April 2026. Venkat Ramaswamy will step down from executive responsibilities at EAAA India Alternatives Limited on September 30, 2025, but will remain on the Board of Edelweiss Financial Services Limited. Rashesh Shah will become Executive Chair of the EAAA board. Amit Agarwal and Subahoo Chordia have been appointed as CEOs of EAAA. The company reported ₹62,970.00 crore in assets under management as of June 2025.
07Aug 25
Edelweiss Financial Services Reports 20% YoY Growth in Consolidated PAT to INR 103 Cr for Q1 FY26
Edelweiss Financial Services Limited reported a 20% year-over-year increase in consolidated profit after tax to INR 103.00 crores for Q1 FY26. The company saw growth across various segments, with Alternative Asset Management ARR AUM up 12% YoY to INR 46,775.00 crores and Mutual Fund Equity AUM growing 38% YoY to INR 72,600.00 crores. The company reduced its consolidated net debt by 31% YoY to INR 10,920.00 crores. Customer reach expanded by 31% YoY to 11 million, with total customer assets reaching INR 2.30 trillion. The insurance business showed improvement, with General Insurance losses declining 38% YoY and Life Insurance turning profitable. Edelweiss plans to launch the EAAA IPO around April 2026.
31Jul 25
Avonmore Capital Reports Mixed Q1 Results: Revenue Up, Profit Down
Avonmore Capital & Management Services Ltd. released Q1 financial results showing a 3.42% increase in consolidated revenue to ₹363.00 million, up from ₹351.00 million year-over-year. However, consolidated net profit declined by 15.12% to ₹73.00 million from ₹86.00 million in the same period last year. The contrasting trends in revenue growth and profit decline suggest potential challenges in maintaining profitability despite increased revenue.
08Jul 25
Edelweiss Financial Services Launches Rs 300 Crore NCD Issue with Up to 10.5% Yield
Edelweiss Financial Services has launched a public issue of secured redeemable Non-Convertible Debentures (NCDs) worth up to Rs 300 crore. The NCDs offer yields ranging from 9.00% to 10.49% annually, with various tenure options. The issue opens on July 8 and closes on July 21, with a base size of Rs 150 crore and a green shoe option. Funds raised will primarily be used for repayment of existing borrowings.
26May 25
Edelweiss Alternative Asset Advisors Gears Up for IPO Refiling by June-End
Edelweiss Alternative Asset Advisors, a subsidiary of Edelweiss Financial Services, plans to refile its Initial Public Offering (IPO) Draft Red Herring Prospectus (DRHP) by the end of June. The company is targeting a potential IPO launch by December 2023. This move indicates progress in the company's plans to go public and could provide additional capital for growth while potentially benefiting the parent company's shareholders. The decision comes amid resilient Indian capital markets, suggesting confidence in market conditions and investor appetite for alternative asset management businesses.
26May 25
Edelweiss Financial Services to Divest 25-30% Stake in Mutual Funds Business
Edelweiss Financial Services is reportedly planning to sell 25-30% stake in its mutual funds business, according to CNBC TV18. Details about potential buyers, valuation, rationale, and timeline are not yet disclosed. This move could lead to capital infusion, strategic partnerships, or changes in market positioning for Edelweiss. The decision comes amid growth and increasing competition in India's mutual funds industry.
14May 25
CLSA Offloads 1.19% Stake in Edelweiss Financial Services; Miri Strategic Emerging Markets Fund Acquires
CLSA Global Markets sold 1.13 crore shares (1.19% stake) of Edelweiss Financial Services at Rs 88.55 per share, totaling Rs 100.06 crore. Simultaneously, Miri Strategic Emerging Markets Fund LP acquired 1.11 crore shares (1.17% stake) for approximately Rs 98.29 crore. This bulk deal represents a significant shift in the company's institutional ownership.
14May 25
Edelweiss Financial Services Reports Q4 Results: Revenue Dips, Declares Dividend
Edelweiss Financial Services announced its Q4 FY results, showing a 25.93% year-over-year revenue decline to ₹22.00 billion and a 38.24% drop in net profit to ₹1.05 billion. Despite the downturn, the company declared a dividend of ₹1.50 per share.
07Apr 25
Edelweiss Financial Services Launches ₹2,000 Crore NCD Public Issue
Edelweiss Financial Services Limited (EFSL) has announced a public issue of Secured Redeemable Non-Convertible Debentures (NCDs) to raise up to ₹2,000 crore. The issue has a base size of ₹1,000 crore with a green shoe option of an additional ₹1,000 crore. The NCDs offer tenures ranging from 24 to 120 months with effective annual yields between 9.50% to 11.00%. The issue opens on April 8, 2025, and closes on April 24, 2025. At least 75% of the funds raised will be used for repayment or prepayment of existing borrowings, while up to 25% may be used for general corporate purposes.
28Mar 25
Edelweiss Financial Services Announces Rs 200 Crore NCD Issue with Attractive Coupon Rates
Edelweiss Financial Services Ltd. (EFSL) plans to raise up to ₹200 crore through Non-Convertible Debentures (NCDs). The issue opens on April 8, 2025, with a base size of ₹100 crore and a green shoe option for an additional ₹100 crore. NCDs offer coupon rates between 9.50% to 11.00% per annum, with tenors ranging from 24 to 120 months. The company aims to strengthen its financial position and support growth in retail lending, focusing on mortgages and MSME loans. EFSL has implemented investor protection measures, including asset-backed security and timely listing on BSE Limited.
17Mar 25
Edelweiss Financial Services Refutes Rs 750 Crore Fraud Allegation, Calls It a Civil Dispute
Edelweiss Financial Services has denied fraud allegations made by Ecstasy Realty Pvt Ltd, stating it's a civil dispute, not a criminal matter. The company claims Ecstasy Realty owes Rs 1,683 crore as of December 31, 2024. Edelweiss is involved in multiple legal proceedings against Ecstasy Realty, including civil suits and insolvency proceedings. The company refutes claims of siphoning funds and justifies interest rate increases on NCDs as legitimate business decisions based on risk assessments. Edelweiss expresses concern over incomplete media reporting and reaffirms its commitment to recovering outstanding dues and protecting shareholder value.
1 Year Returns:-10.94%
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