Aditya Birla Sun Life AMC (NSE:ABSLAMC) Will Pay A Larger Dividend Than Last Year At ₹13.50
Jul 26
Indian (NIFTY) Asset Management Industry Analysis
UpdatedJul 26, 2024
DataAggregated Company Financials
Companies107
- 7D-0.9%
- 3M9.6%
- 1Y81.1%
- YTDn/a
Over the last 7 days, the Asset Management industry has dropped 1.2%, driven by Nippon Life India Asset Management declining 4.5%. In the past year, the industry has gained 81%. Looking forward, earnings are forecast to grow by 13% annually.
Industry Valuation and Performance
Has the Indian Asset Management Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 26 Jul 2024 | ₹4.0t | ₹444.5b | ₹192.0b | 28.3x | 20.8x | 9x |
| Sun, 23 Jun 2024 | ₹3.8t | ₹434.2b | ₹188.3b | 25.7x | 20.3x | 8.8x |
| Tue, 21 May 2024 | ₹3.6t | ₹477.2b | ₹197.5b | 26.5x | 18.4x | 7.6x |
| Thu, 18 Apr 2024 | ₹3.5t | ₹459.5b | ₹186.4b | 26.5x | 18.8x | 7.6x |
| Sat, 16 Mar 2024 | ₹3.3t | ₹451.2b | ₹200.8b | 27.5x | 16.7x | 7.4x |
| Mon, 12 Feb 2024 | ₹3.3t | ₹444.7b | ₹167.8b | 30x | 19.4x | 7.3x |
| Wed, 10 Jan 2024 | ₹3.1t | ₹438.3b | ₹166.0b | 24.5x | 18.6x | 7x |
| Fri, 08 Dec 2023 | ₹2.9t | ₹438.3b | ₹166.0b | 23.1x | 17.5x | 6.6x |
| Sun, 05 Nov 2023 | ₹2.6t | ₹439.6b | ₹165.6b | 23.9x | 15.5x | 5.8x |
| Tue, 03 Oct 2023 | ₹2.4t | ₹418.0b | ₹148.0b | 24.3x | 16.3x | 5.8x |
| Thu, 31 Aug 2023 | ₹2.1t | ₹416.0b | ₹146.3b | 16.9x | 14.6x | 5.1x |
| Sat, 29 Jul 2023 | ₹2.1t | ₹413.7b | ₹145.7b | 24.1x | 14.4x | 5.1x |
| Mon, 26 Jun 2023 | ₹1.8t | ₹405.3b | ₹140.1b | 21.6x | 12.9x | 4.5x |
| Wed, 24 May 2023 | ₹1.7t | ₹394.6b | ₹120.0b | 21.2x | 14x | 4.3x |
| Fri, 21 Apr 2023 | ₹1.6t | ₹384.3b | ₹120.0b | 20.9x | 13.5x | 4.2x |
| Sun, 19 Mar 2023 | ₹1.6t | ₹388.2b | ₹101.9b | 19.3x | 15.3x | 4x |
| Tue, 14 Feb 2023 | ₹1.6t | ₹366.5b | ₹96.8b | 19.8x | 16.8x | 4.4x |
| Thu, 12 Jan 2023 | ₹1.8t | ₹362.0b | ₹94.4b | 22.3x | 18.7x | 4.9x |
| Sat, 10 Dec 2022 | ₹1.8t | ₹362.0b | ₹94.5b | 22x | 19x | 4.9x |
| Mon, 07 Nov 2022 | ₹1.7t | ₹348.3b | ₹94.9b | 22.8x | 18x | 4.9x |
| Wed, 05 Oct 2022 | ₹1.7t | ₹344.6b | ₹92.6b | 24x | 18x | 4.8x |
| Fri, 02 Sep 2022 | ₹1.7t | ₹345.7b | ₹96.2b | 24.1x | 17.2x | 4.8x |
| Sun, 31 Jul 2022 | ₹1.5t | ₹330.7b | ₹91.5b | 20.3x | 16.7x | 4.6x |
| Tue, 28 Jun 2022 | ₹1.4t | ₹330.0b | ₹91.9b | 20.2x | 15.6x | 4.3x |
| Thu, 26 May 2022 | ₹1.4t | ₹306.3b | ₹89.5b | 15.6x | 15.8x | 4.6x |
| Sat, 23 Apr 2022 | ₹1.7t | ₹305.3b | ₹87.6b | 17.5x | 19.5x | 5.6x |
| Mon, 21 Mar 2022 | ₹1.7t | ₹306.6b | ₹88.5b | 18.3x | 19.3x | 5.6x |
| Wed, 16 Feb 2022 | ₹1.7t | ₹306.5b | ₹88.5b | 16.7x | 19.2x | 5.5x |
| Fri, 14 Jan 2022 | ₹1.9t | ₹304.5b | ₹83.3b | 18.7x | 22.4x | 6.1x |
| Sun, 12 Dec 2021 | ₹1.8t | ₹300.6b | ₹82.3b | 14.9x | 22x | 6x |
| Tue, 09 Nov 2021 | ₹1.9t | ₹291.0b | ₹76.7b | 18.9x | 25x | 6.6x |
| Thu, 07 Oct 2021 | ₹1.8t | ₹275.9b | ₹64.7b | 20x | 27.2x | 6.4x |
| Sat, 04 Sep 2021 | ₹1.8t | ₹276.2b | ₹64.6b | 19x | 27.8x | 6.5x |
| Mon, 02 Aug 2021 | ₹1.7t | ₹276.2b | ₹64.6b | 19.8x | 27.1x | 6.3x |
Price to Earnings Ratio
27.1x
Current Industry PE
- Investors are optimistic on the Indian Asset Management and Custody Banks industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 20.8x which is higher than its 3-year average PE of 18.5x.
- The 3-year average PS ratio of 5.8x is lower than the industry's current PS ratio of 9.0x.
Past Earnings Growth
- The earnings for companies in the Asset Management and Custody Banks industry have grown 44% per year over the last three years.
- Revenues for these companies have grown 17% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Comparison
How does Indian Asset Management compare with similar industries?
| IN Market | -1.05% | |
| Financials | -2.18% | |
| Capital Markets | 0.31% | |
| Asset Management | -0.89% | |
| Diversified Capital Markets | 6.30% | |
| Financial Exchanges and Data | 2.18% | |
| Investment Banking and Brokerage | 0.92% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| CDSL Central Depository Services (India) | ₹2.45k | 7.1% +₹16.9b | 100.4% | PE61x | |
| PRUDENT Prudent Advisory Services | ₹2.36k | 16.2% +₹13.6b | 109.3% | PE70.4x | |
| 360ONE 360 One Wam | ₹996.70 | 3.2% +₹11.1b | 95.1% | PE45.1x | |
| NAM-INDIA Nippon Life India Asset Management | ₹652.25 | 2.7% +₹10.8b | 104.5% | PE34.2x | |
| ABSLAMC Aditya Birla Sun Life AMC | ₹705.85 | 4.4% +₹8.5b | 73.0% | PE24.5x |