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HDFC Asset Management

NSEI:HDFCAMC
Snowflake Description

Flawless balance sheet with solid track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
HDFCAMC
NSEI
₹441B
Market Cap
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Last updated 2019/07/18 13:09
Company description

HDFC Asset Management Company Ltd. is a privately owned investment manager. The last earnings update was 2 days ago. More info.

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  • HDFC Asset Management is a fund or ETF! Currently our data availability for these is poor, we only recommend using them as part of a portfolio.
  • HDFC Asset Management has significant price volatility in the past 3 months.
HDFCAMC Share Price and Events
7 Day Returns
13%
NSEI:HDFCAMC
-1.2%
IN Capital Markets
1.3%
IN Market
1 Year Returns
-
NSEI:HDFCAMC
-28.7%
IN Capital Markets
-1.5%
IN Market
HDFCAMC Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
HDFC Asset Management (HDFCAMC) 13% 19.9% 36.8% - - -
IN Capital Markets -1.2% -1.7% -8% -28.7% 22.8% 31.4%
IN Market 1.3% -0.8% -3.7% -1.5% 22.6% 33.9%
1 Year Return vs Industry and Market
  • No trading data on HDFCAMC.
  • No trading data on HDFCAMC.
Price Volatility
Industry
5yr Volatility vs Market

HDFCAMC Value

 Is HDFC Asset Management undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of HDFC Asset Management to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for HDFC Asset Management.

NSEI:HDFCAMC Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model Excess Returns Model
Stable EPS Weighted future Return on Equity estimates from 6 analysts.
= Stable Book Value * Return on Equity
= ₹184.47 * 35.6% 		₹65.65
Book Value of Equity per Share Weighted future Book Value estimates from 5 analysts. ₹184.47
Discount Rate (Cost of Equity) See below 14.4%
Perpetual Growth Rate 10-Year IN Government Bond Rate 7.6%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for NSEI:HDFCAMC
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year IN Govt Bond Rate 7.6%
Equity Risk Premium S&P Global 8.6%
Capital Markets Unlevered Beta Simply Wall St/ S&P Global 0.65
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.652 (1 + (1- 35%) (0%)) 		0.767
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)		 0.8
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 7.55% + (0.8 * 8.6%) 		14.43%

Discounted Cash Flow Calculation for NSEI:HDFCAMC using Excess Returns Model Model

The calculations below outline how an intrinsic value for HDFC Asset Management is arrived at using the Excess Return Model. This approach is used for finance firms where free cash flow is difficult to estimate.

In the Excess Return Model the value of a firm can be written as the sum of capital invested currently in the firm and the present value of excess returns that the firm expects to make in the future.

The model is sensitive to the Return on Equity of the company versus the Cost of Equity, how these are calculated is detailed below the main calculation.

Note the calculations below are per share.

See our documentation to learn about this calculation.

NSEI:HDFCAMC Value of Excess Returns
Calculation Result
Excess Returns = (Stable Return on equity – Cost of equity) (Book Value of Equity per share)
= (35.6% – 14.43%) * ₹184.47) 		₹39.03
Terminal Value of Excess Returns = Excess Returns / (Cost of Equity - Expected Growth Rate)
= ₹39.03 / (14.43% - 7.55%) 		₹567.32
Value of Equity = Book Value per share + Terminal Value of Excess Returns
= ₹184.47 + ₹567.32 		₹751.79
NSEI:HDFCAMC Discount to Share Price
Calculation Result
Value per share (INR) From above. ₹751.79
Current discount Discount to share price of ₹2,170.00
= -1 x (₹2,170.00 - ₹751.79) / ₹751.79 		-188.6%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of HDFC Asset Management is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for HDFC Asset Management's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are HDFC Asset Management's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NSEI:HDFCAMC PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-06-30) in INR ₹47.89
NSEI:HDFCAMC Share Price ** NSEI (2019-07-18) in INR ₹2170
India Capital Markets Industry PE Ratio Median Figure of 182 Publicly-Listed Capital Markets Companies 15.72x
India Market PE Ratio Median Figure of 2,835 Publicly-Listed Companies 14.68x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of HDFC Asset Management.

NSEI:HDFCAMC PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NSEI:HDFCAMC Share Price ÷ EPS (both in INR)

= 2170 ÷ 47.89

 45.31x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • HDFC Asset Management is overvalued based on earnings compared to the IN Capital Markets industry average.
  • HDFC Asset Management is overvalued based on earnings compared to the India market.
Price based on expected Growth
Does HDFC Asset Management's expected growth come at a high price?
Raw Data
NSEI:HDFCAMC PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 45.31x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 6 Analysts		 15.3%per year
India Capital Markets Industry PEG Ratio Median Figure of 11 Publicly-Listed Capital Markets Companies 2.15x
India Market PEG Ratio Median Figure of 537 Publicly-Listed Companies 1.3x

*Line of best fit is calculated by linear regression .

NSEI:HDFCAMC PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 45.31x ÷ 15.3%

 2.95x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • HDFC Asset Management is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on HDFC Asset Management's assets?
Raw Data
NSEI:HDFCAMC PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-06-30) in INR ₹144.45
NSEI:HDFCAMC Share Price * NSEI (2019-07-18) in INR ₹2170
India Capital Markets Industry PB Ratio Median Figure of 267 Publicly-Listed Capital Markets Companies 0.6x
India Market PB Ratio Median Figure of 3,670 Publicly-Listed Companies 0.95x
NSEI:HDFCAMC PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NSEI:HDFCAMC Share Price ÷ Book Value per Share (both in INR)

= 2170 ÷ 144.45

 15.02x

* Primary Listing of HDFC Asset Management.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • HDFC Asset Management is overvalued based on assets compared to the IN Capital Markets industry average.
X
Value checks
We assess HDFC Asset Management's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Capital Markets industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Capital Markets industry average (and greater than 0)? (1 check)
    5. HDFC Asset Management has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

HDFCAMC Future Performance

 How is HDFC Asset Management expected to perform in the next 1 to 3 years based on estimates from 6 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
15.3%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is HDFC Asset Management expected to grow at an attractive rate?
  • HDFC Asset Management's earnings growth is expected to exceed the low risk savings rate of 7.6%.
Growth vs Market Checks
  • HDFC Asset Management's earnings growth is positive but not above the India market average.
  • HDFC Asset Management's revenue growth is expected to exceed the India market average.
Annual Growth Rates Comparison
Raw Data
NSEI:HDFCAMC Future Growth Rates Data Sources
Data Point Source Value (per year)
NSEI:HDFCAMC Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 6 Analysts 15.3%
NSEI:HDFCAMC Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 6 Analysts 12.8%
India Capital Markets Industry Earnings Growth Rate Market Cap Weighted Average 8.5%
India Capital Markets Industry Revenue Growth Rate Market Cap Weighted Average 12.4%
India Market Earnings Growth Rate Market Cap Weighted Average 17%
India Market Revenue Growth Rate Market Cap Weighted Average 9.8%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NSEI:HDFCAMC Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 weeks ago) See Below
Future Estimates Average of up to 6 Analyst Estimates (S&P Global) See Below
All numbers in INR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NSEI:HDFCAMC Future Estimates Data
Date (Data in INR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2022-03-31 29,452 15,979 3
2021-03-31 26,055 13,509 6
2020-03-31 22,735 11,810 6
NSEI:HDFCAMC Past Financials Data
Date (Data in INR Millions) Revenue Cash Flow Net Income *
2019-06-30 21,483 10,171
2019-03-31 20,968 8,941 9,306
2018-12-31 20,467 8,366
2018-09-30 20,090 7,884
2018-06-30 19,514 7,623
2018-03-31 18,699 6,182 7,113
2017-03-31 15,729 4,549 5,502

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • HDFC Asset Management's earnings are expected to grow by 15.3% yearly, however this is not considered high growth (20% yearly).
  • HDFC Asset Management's revenue is expected to grow by 12.8% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NSEI:HDFCAMC Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 weeks ago) See Below
Future Estimates Average of up to 6 Analyst Estimates (S&P Global) See Below

All data from HDFC Asset Management Company Filings, last reported 2 weeks ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NSEI:HDFCAMC Future Estimates Data
Date (Data in INR Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2022-03-31 75.11 75.17 75.05 2.00
2021-03-31 62.91 64.84 60.93 5.00
2020-03-31 54.51 57.05 50.97 5.00
NSEI:HDFCAMC Past Financials Data
Date (Data in INR Millions) EPS *
2019-06-30 47.89
2019-03-31 43.87
2018-12-31 39.54
2018-09-30 37.34
2018-06-30 36.55
2018-03-31 34.52
2017-03-31 27.33

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • HDFC Asset Management is expected to efficiently use shareholders’ funds in the future (Return on Equity greater than 20%).
Show me more growth companies in the Capital Markets industry
X
Future performance checks
We assess HDFC Asset Management's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the India market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the India market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
HDFC Asset Management has a total score of 3/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

HDFCAMC Past Performance

  How has HDFC Asset Management performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare HDFC Asset Management's growth in the last year to its industry (Capital Markets).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • HDFC Asset Management's year on year earnings growth rate has been positive over the past 5 years.
  • HDFC Asset Management's 1-year earnings growth exceeds its 5-year average (33.4% vs 18.8%)
  • HDFC Asset Management's earnings growth has exceeded the IN Capital Markets industry average in the past year (33.4% vs -7.6%).
Earnings and Revenue History
HDFC Asset Management's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from HDFC Asset Management Company Filings, last reported 2 weeks ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NSEI:HDFCAMC Past Revenue, Cash Flow and Net Income Data
Date (Data in INR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-06-30 21,483.10 10,171.30 742.20
2019-03-31 20,967.50 9,306.00 742.20
2018-12-31 20,467.26 8,366.06 1,140.81
2018-09-30 20,090.16 7,884.06 1,140.81
2018-06-30 19,513.96 7,623.06 1,140.81
2018-03-31 18,698.60 7,112.90 1,149.40
2017-03-31 15,729.10 5,502.46 834.54
2016-03-31 14,943.42 4,778.80 664.59
2015-03-31 10,642.76 4,155.00 546.06
2014-03-31 9,031.14 3,577.70 501.91
2013-03-31 7,810.21 3,187.46 2,017.61

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • HDFC Asset Management has efficiently used shareholders’ funds last year (Return on Equity greater than 20%).
  • HDFC Asset Management used its assets more efficiently than the IN Capital Markets industry average last year based on Return on Assets.
  • HDFC Asset Management's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
Show me more strong past performing companies in the Capital Markets industry
X
Past performance checks
We assess HDFC Asset Management's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Capital Markets industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
HDFC Asset Management has a total score of 5/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

HDFCAMC Health

 How is HDFC Asset Management's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up HDFC Asset Management's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • HDFC Asset Management is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • HDFC Asset Management's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of HDFC Asset Management's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • HDFC Asset Management has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from HDFC Asset Management Company Filings, last reported 2 weeks ago.

NSEI:HDFCAMC Past Debt and Equity Data
Date (Data in INR Millions) Total Equity Total Debt Cash & Short Term Investments
2019-06-30 30,707.20 0.00 24,071.10
2019-03-31 30,707.20 0.00 24,071.10
2018-12-31 28,452.40 0.00 7,661.70
2018-09-30 28,452.40 0.00 7,661.70
2018-06-30 21,599.68 0.00 13,130.85
2018-03-31 22,539.10 0.00 14,870.20
2017-03-31 14,229.41 0.00 10,691.32
2016-03-31 11,512.22 0.00 8,269.07
2015-03-31 11,198.90 0.00 4,914.06
2014-03-31 9,012.58 0.00 6,072.19
2013-03-31 7,019.99 0.00 5,986.90
  • HDFC Asset Management has no debt.
  • HDFC Asset Management has not taken on any debt in the past 5 years.
  • HDFC Asset Management has no debt, it does not need to be covered by operating cash flow.
  • HDFC Asset Management has no debt, therefore coverage of interest payments is not a concern.
Show me more healthy companies in the Capital Markets industry
X
Financial health checks
We assess HDFC Asset Management's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
    7. HDFC Asset Management has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

HDFCAMC Dividends

 What is HDFC Asset Management's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
1.11%
Current annual income from HDFC Asset Management dividends. Estimated to be 1.67% next year.
If you bought ₹2,000 of HDFC Asset Management shares you are expected to receive ₹22 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • HDFC Asset Management's pays a higher dividend yield than the bottom 25% of dividend payers in India (0.56%).
  • HDFC Asset Management's dividend is below the markets top 25% of dividend payers in India (2.21%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NSEI:HDFCAMC Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 6 Analyst Estimates (S&P Global) See Below
India Capital Markets Industry Average Dividend Yield Market Cap Weighted Average of 60 Stocks 1.8%
India Market Average Dividend Yield Market Cap Weighted Average of 1446 Stocks 1.4%
India Minimum Threshold Dividend Yield 10th Percentile 0.3%
India Bottom 25% Dividend Yield 25th Percentile 0.6%
India Top 25% Dividend Yield 75th Percentile 2.2%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

NSEI:HDFCAMC Future Dividends Estimate Data
Date (Data in ₹) Dividend per Share (annual) Avg. No. Analysts
2022-03-31 43.47 4.00
2021-03-31 37.28 7.00
2020-03-31 31.06 7.00
NSEI:HDFCAMC Past Annualized Dividends Data
Date (Data in ₹) Dividend per share (annual) Avg. Yield (%)
2019-06-20 24.000 1.219
2019-04-26 24.000 1.391
2019-01-21 24.000 1.652

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • It is too early to tell whether HDFC Asset Management has stable dividend payments.
  • HDFC Asset Management only just started paying a dividend, it is too early to tell if payments are increasing.
Current Payout to shareholders
What portion of HDFC Asset Management's earnings are paid to the shareholders as a dividend.
  • Dividends paid are covered by earnings (2x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be covered by earnings (1.7x coverage).
X
Income/ dividend checks
We assess HDFC Asset Management's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.3%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can HDFC Asset Management afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
    7. HDFC Asset Management has a total score of 3/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

HDFCAMC Management

 What is the CEO of HDFC Asset Management's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Milind Barve
COMPENSATION ₹72,000,000
AGE 61
CEO Bio

Mr. Milind Barve serves as the Managing Director of HDFC Asset Management Company Ltd. Mr. Barve joined the firm in July 2002. Previously, he served as the General Manager of Treasury at HDFC Ltd. and headed the department for 14 years. Mr. Barve was responsible for the management of HDFC's Treasury portfolio and for raising funds from Financial Institutions and Capital Markets. Previously, he was also the Head of Marketing for retail deposit products. Mr. Barve is also a Director of Association of Mutual Funds in India, Financial Planning Standards Board, India and Institution for Mutual Fund Intermediaries. He is an Associate Member of the Institute of Chartered Accountants of India. Mr. Barve is a Chartered Accountant. He received a Bachelor’s degree in Commerce.

CEO Compensation
  • Milind's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Milind's remuneration is about average for companies of similar size in India.
Management Team

Milind Barve

TITLE
MD & Director
COMPENSATION
₹72M
AGE
61

Piyush Surana

TITLE
Chief Financial Officer
COMPENSATION
₹14M
AGE
54
TENURE
6.4 yrs

Sylvia Furtado

TITLE
Company Secretary
COMPENSATION
₹8M
AGE
49
TENURE
13.5 yrs

V. Suresh Babu

TITLE
Head of Operations
AGE
52

Prashant Jain

TITLE
Chief Investment Officer
AGE
51

Mudeita Patrao

TITLE
Head of Digitization
AGE
45

Simal Kanuga

TITLE
Head of PMS Sales & New Initiatives and Chief Investor Relations Officer

Yezdi Khariwala

TITLE
Chief Compliance Officer
AGE
58

Kiran Kaushik

TITLE
Senior Vice President and Head of Sales and Distribution
AGE
63

Shyamali Basu

TITLE
Head of Product & Marketing
AGE
51
Board of Directors Tenure

Average tenure and age of the HDFC Asset Management board of directors in years:

16.4
Average Tenure
65
Average Age
  • The average tenure for the HDFC Asset Management board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors

Deepak Parekh

TITLE
Chairman of the Board
COMPENSATION
₹2M
AGE
75

Milind Barve

TITLE
MD & Director
COMPENSATION
₹72M
AGE
61

Hoshang Billimoria

TITLE
Independent Director
COMPENSATION
₹2M
AGE
68
TENURE
19 yrs

Renu Karnad

TITLE
Non-Executive Director
COMPENSATION
₹2M
AGE
66
TENURE
19 yrs

Vijay Merchant

TITLE
Independent Director
COMPENSATION
₹3M
AGE
75

Deepak Phatak

TITLE
Independent Director
COMPENSATION
₹2M
AGE
71

James Aird

TITLE
Non-Executive Director
AGE
58

Norman Skeoch

TITLE
Non-Executive Director
AGE
62
TENURE
13.8 yrs

Keki Mistry

TITLE
Non-Executive Director
COMPENSATION
₹2M
AGE
64

Sanjay Bhandarkar

TITLE
Independent Director
COMPENSATION
₹800K
AGE
51
TENURE
0.8 yrs
Who owns this company?
Recent Insider Trading
  • HDFC Asset Management individual insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (₹) Value (₹)
14. Mar 19 Sell Naveen Gogia Individual 12. Mar 19 12. Mar 19 -3,730 ₹1,506.38 ₹-5,618,797
13. Mar 19 Sell Naveen Gogia Individual 11. Mar 19 11. Mar 19 -5,000 ₹1,496.00 ₹-7,480,000
08. Mar 19 Sell Naveen Gogia Individual 06. Mar 19 06. Mar 19 -5,000 ₹1,505.02 ₹-7,525,100
29. Jan 19 Sell Naveen Gogia Individual 25. Jan 19 25. Jan 19 -6,270 ₹1,425.47 ₹-8,937,697
30. Aug 18 Sell Simal Kanuga Individual 28. Aug 18 28. Aug 18 -20,000 ₹1,914.58 ₹-38,291,599
29. Aug 18 Sell Simal Kanuga Individual 27. Aug 18 27. Aug 18 -20,000 ₹1,945.72 ₹-38,914,399
09. May 19 Sell Alok Sheopurkar Individual 08. May 19 08. May 19 -10,000 ₹1,636.76 ₹-16,367,599
08. May 19 Sell Satish Jain Individual 06. May 19 07. May 19 -14,059 ₹1,654.73 ₹-23,245,084
06. May 19 Sell Satish Jain Individual 03. May 19 03. May 19 -13,611 ₹1,687.75 ₹-22,970,242
01. Apr 19 Sell SRIKANTH G. Individual 28. Mar 19 28. Mar 19 -24,000 ₹1,505.75 ₹-36,138,000
01. Apr 19 Sell Shyamali Basu Individual 27. Mar 19 27. Mar 19 -6,000 ₹1,512.60 ₹-9,075,600
01. Apr 19 Sell Srinivas Ravuri Individual 28. Mar 19 29. Mar 19 -30,000 ₹1,529.02 ₹-45,614,501
29. Mar 19 Sell Anupam Joshi Individual 28. Mar 19 28. Mar 19 -16,228 ₹1,511.60 ₹-24,530,245
22. Mar 19 Sell R. Trivedi Individual 19. Mar 19 20. Mar 19 -14,947 ₹1,493.71 ₹-22,199,275
22. Mar 19 Sell Srinivas Ravuri Individual 18. Mar 19 18. Mar 19 -2,134 ₹1,512.57 ₹-3,227,824
20. Mar 19 Sell Arun Singh Individual 14. Mar 19 14. Mar 19 -200 ₹1,505.00 ₹-301,000
20. Mar 19 Sell R. Trivedi Individual 18. Mar 19 18. Mar 19 -21,000 ₹1,500.79 ₹-31,516,591
15. Mar 19 Sell Muttukumar Pillai Individual 13. Mar 19 13. Mar 19 -6,000 ₹1,500.00 ₹-9,000,000
15. Mar 19 Sell Kiran Kaushik Individual 13. Mar 19 13. Mar 19 -2,905 ₹1,500.00 ₹-4,357,500
14. Mar 19 Sell Sameer Patil Individual 12. Mar 19 12. Mar 19 -330 ₹1,509.71 ₹-498,204
14. Mar 19 Sell R. Balaji Individual 12. Mar 19 12. Mar 19 -14,000 ₹1,510.62 ₹-21,148,681
14. Mar 19 Sell S. Rajesh Individual 12. Mar 19 12. Mar 19 -5,000 ₹1,510.00 ₹-7,550,000
13. Mar 19 Sell Krishan Sharma Individual 11. Mar 19 11. Mar 19 -8,250 ₹1,495.00 ₹-12,333,750
13. Mar 19 Sell Anish Keskar Individual 11. Mar 19 11. Mar 19 -12,422 ₹1,497.00 ₹-18,595,734
14. Mar 19 Sell Manish Shah Individual 13. Mar 19 13. Mar 19 -3,500 ₹1,500.02 ₹-5,250,070
14. Mar 19 Sell Alok Sheopurkar Individual 12. Mar 19 12. Mar 19 -7,000 ₹1,511.29 ₹-10,579,030
14. Mar 19 Sell Kiran Kaushik Individual 12. Mar 19 12. Mar 19 -7,095 ₹1,517.32 ₹-10,765,385
13. Mar 19 Sell Manish Shah Individual 12. Mar 19 12. Mar 19 -2,500 ₹1,513.77 ₹-3,784,425
13. Mar 19 Sell Shyamali Basu Individual 11. Mar 19 11. Mar 19 -10,000 ₹1,499.00 ₹-14,990,000
13. Mar 19 Sell Alok Sheopurkar Individual 11. Mar 19 11. Mar 19 -3,000 ₹1,499.67 ₹-4,499,010
13. Mar 19 Sell Kiran Kaushik Individual 11. Mar 19 11. Mar 19 -10,000 ₹1,498.00 ₹-14,979,999
08. Mar 19 Sell SRIKANTH G. Individual 06. Mar 19 06. Mar 19 -28,000 ₹1,504.01 ₹-42,112,279
08. Mar 19 Sell V. Suresh Babu Individual 06. Mar 19 06. Mar 19 -5,000 ₹1,506.10 ₹-7,530,500
08. Mar 19 Sell Alok Sheopurkar Individual 06. Mar 19 07. Mar 19 -18,881 ₹1,510.04 ₹-28,369,051
08. Mar 19 Sell Miten Lathia Individual 06. Mar 19 06. Mar 19 -10,000 ₹1,505.25 ₹-15,052,500
12. Mar 19 Sell Madhushree Prabhu Individual 08. Mar 19 08. Mar 19 -340 ₹1,485.00 ₹-504,900
12. Mar 19 Sell Pankaj Mishra Individual 08. Mar 19 08. Mar 19 -12,000 ₹1,490.00 ₹-17,879,999
12. Mar 19 Sell Mainak Mondal Individual 08. Mar 19 08. Mar 19 -338 ₹1,486.68 ₹-502,498
12. Mar 19 Sell Manish Shah Individual 11. Mar 19 11. Mar 19 -3,000 ₹1,498.00 ₹-4,494,000
12. Mar 19 Sell Anupam Joshi Individual 11. Mar 19 11. Mar 19 -4,934 ₹1,498.00 ₹-7,391,132
11. Mar 19 Sell Vinit Madan Individual 07. Mar 19 07. Mar 19 -334 ₹1,494.21 ₹-499,066
11. Mar 19 Sell R. Trivedi Individual 07. Mar 19 07. Mar 19 -20,000 ₹1,496.09 ₹-29,921,799
11. Mar 19 Sell Kiran Kaushik Individual 07. Mar 19 07. Mar 19 -10,000 ₹1,495.63 ₹-14,956,300
08. Mar 19 Sell Saurabh Patwa Individual 06. Mar 19 06. Mar 19 -1,500 ₹1,505.69 ₹-2,258,535
07. Mar 19 Sell Anupam Joshi Individual 06. Mar 19 06. Mar 19 -10,066 ₹1,508.06 ₹-15,180,132
07. Mar 19 Sell Arun Agarwal Individual 06. Mar 19 06. Mar 19 -2,000 ₹1,510.80 ₹-3,021,600
06. Mar 19 Sell Anupam Joshi Individual 05. Mar 19 05. Mar 19 -5,000 ₹1,471.21 ₹-7,356,050
05. Mar 19 Sell C. Mohan Individual 01. Mar 19 01. Mar 19 -775 ₹1,408.00 ₹-1,091,200
14. Feb 19 Sell Vinay Kulkarni Individual 12. Feb 19 12. Feb 19 -1,000 ₹1,329.16 ₹-1,329,160
13. Feb 19 Sell Vinay Kulkarni Individual 11. Feb 19 11. Feb 19 -24,000 ₹1,326.95 ₹-31,846,798
12. Feb 19 Sell Soumya Thapak Individual 08. Feb 19 08. Feb 19 -1,900 ₹1,335.98 ₹-2,538,362
07. Feb 19 Sell Maneesh Shirke Individual 26. Nov 18 26. Nov 18 -135 ₹1,468.06 ₹-198,188
07. Feb 19 Sell Soumya Thapak Individual 05. Feb 19 05. Feb 19 -1,541 ₹1,345.88 ₹-2,074,001
06. Feb 19 Sell Soumya Thapak Individual 04. Feb 19 04. Feb 19 -1,500 ₹1,331.57 ₹-1,997,355
04. Feb 19 Sell Soumya Thapak Individual 25. Jan 19 01. Feb 19 -1,881 ₹1,452.19 ₹-2,597,574
30. Jan 19 Sell Vinay Kulkarni Individual 28. Jan 19 28. Jan 19 -9,000 ₹1,387.01 ₹-12,483,090
29. Jan 19 Sell Sarans Harlalka Individual 24. Jan 19 25. Jan 19 -1,262 ₹1,458.36 ₹-1,830,332
28. Jan 19 Sell Rohit Doddamani Individual 23. Jan 19 23. Jan 19 -344 ₹1,461.28 ₹-502,680
02. Jan 19 Sell Vinay Kulkarni Individual 31. Dec 18 31. Dec 18 -20,604 ₹1,508.08 ₹-31,072,479
26. Dec 18 Sell Vinay Kulkarni Individual 24. Dec 18 24. Dec 18 -1,108 ₹1,495.00 ₹-1,656,460
24. Dec 18 Sell Jasmin Mehta Individual 21. Dec 18 21. Dec 18 -1,500 ₹1,522.31 ₹-2,283,465
24. Dec 18 Sell Manish Shah Individual 21. Dec 18 21. Dec 18 -6,000 ₹1,530.71 ₹-9,184,260
24. Dec 18 Sell Arun Agarwal Individual 21. Dec 18 21. Dec 18 -6,000 ₹1,530.55 ₹-9,183,300
24. Dec 18 Sell Vinay Kulkarni Individual 20. Dec 18 21. Dec 18 -38,939 ₹1,556.53 ₹-59,262,804
24. Dec 18 Sell Anil Bamboli Individual 21. Dec 18 21. Dec 18 -998 ₹1,533.00 ₹-1,529,934
20. Dec 18 Sell Sandeep Shetty Individual 18. Dec 18 18. Dec 18 -150 ₹1,580.00 ₹-237,000
20. Dec 18 Sell Nadir Shah Individual 18. Dec 18 18. Dec 18 -300 ₹1,575.15 ₹-472,545
21. Dec 18 Sell Jasmin Mehta Individual 20. Dec 18 20. Dec 18 -1,500 ₹1,561.42 ₹-2,342,130
21. Dec 18 Sell V. Suresh Babu Individual 19. Dec 18 19. Dec 18 -7,717 ₹1,580.65 ₹-12,197,876
21. Dec 18 Sell Anand Laddha Individual 19. Dec 18 19. Dec 18 -800 ₹1,581.25 ₹-1,265,000
20. Dec 18 Sell Yogesh Kuwad Individual 18. Dec 18 18. Dec 18 -800 ₹1,567.01 ₹-1,253,608
20. Dec 18 Sell Shyamali Basu Individual 18. Dec 18 18. Dec 18 -1,000 ₹1,580.00 ₹-1,580,000
20. Dec 18 Sell Sylvia Furtado Individual 17. Dec 18 18. Dec 18 -2,000 ₹1,578.00 ₹-3,143,279
20. Dec 18 Sell Anil Bamboli Individual 12. Dec 18 12. Dec 18 -500 ₹1,569.00 ₹-784,500
19. Dec 18 Sell Dhruti Barot Individual 17. Dec 18 17. Dec 18 -4,500 ₹1,564.69 ₹-7,041,105
19. Dec 18 Sell Jasmin Mehta Individual 18. Dec 18 18. Dec 18 -1,600 ₹1,585.61 ₹-2,536,976
19. Dec 18 Sell Anil Lahoti Individual 17. Dec 18 18. Dec 18 -5,000 ₹1,583.72 ₹-7,916,795
19. Dec 18 Sell Yogesh Kuwad Individual 14. Dec 18 17. Dec 18 -1,189 ₹1,569.52 ₹-1,863,527
18. Dec 18 Sell Jasmin Mehta Individual 14. Dec 18 17. Dec 18 -5,000 ₹1,571.06 ₹-7,817,724
18. Dec 18 Sell Satish Jain Individual 17. Dec 18 17. Dec 18 -4,000 ₹1,568.33 ₹-6,273,320
17. Dec 18 Sell Anand Khanvilkar Individual 13. Dec 18 14. Dec 18 -3,796 ₹1,564.14 ₹-5,932,297
17. Dec 18 Sell Sylvia Furtado Individual 13. Dec 18 14. Dec 18 -1,000 ₹1,586.82 ₹-1,573,184
17. Dec 18 Sell Satish Jain Individual 13. Dec 18 13. Dec 18 -1,522 ₹1,576.35 ₹-2,399,205
14. Dec 18 Sell Anand Khanvilkar Individual 12. Dec 18 12. Dec 18 -2,172 ₹1,560.00 ₹-3,388,320
14. Dec 18 Sell Abhishek Javadekar Individual 12. Dec 18 12. Dec 18 -2,000 ₹1,558.00 ₹-3,116,000
14. Dec 18 Sell Vaibhav Joshi Individual 12. Dec 18 12. Dec 18 -10,000 ₹1,555.00 ₹-15,550,000
14. Dec 18 Sell Sylvia Furtado Individual 12. Dec 18 12. Dec 18 -2,000 ₹1,561.50 ₹-3,123,000
11. Dec 18 Sell Satish Jain Individual 07. Dec 18 07. Dec 18 -15,000 ₹1,561.55 ₹-23,423,250
10. Dec 18 Sell Amar Kalkundrikar Individual 07. Dec 18 07. Dec 18 -1,535 ₹1,549.07 ₹-2,377,822
13. Dec 18 Sell Amar Kalkundrikar Individual 11. Dec 18 11. Dec 18 -5,000 ₹1,510.00 ₹-7,550,000
13. Dec 18 Sell Chirag Setalvad Individual 11. Dec 18 11. Dec 18 -30,000 ₹1,500.19 ₹-45,005,698
13. Dec 18 Sell Anil Bamboli Individual 11. Dec 18 11. Dec 18 -5,000 ₹1,520.65 ₹-7,603,250
12. Dec 18 Sell Amar Kalkundrikar Individual 10. Dec 18 10. Dec 18 -5,000 ₹1,510.61 ₹-7,553,050
12. Dec 18 Sell Sylvia Furtado Individual 10. Dec 18 10. Dec 18 -5,000 ₹1,515.01 ₹-7,575,050
12. Dec 18 Sell Satish Jain Individual 10. Dec 18 10. Dec 18 -9,153 ₹1,514.55 ₹-13,862,676
04. Dec 18 Sell Abhishek Agrawal Individual 16. Oct 18 03. Dec 18 -685 ₹1,545.40 ₹-1,000,032
03. Dec 18 Sell Ritesh Kumar Individual 31. Oct 18 30. Nov 18 -500 ₹1,525.00 ₹-701,432
29. Nov 18 Sell Manas Mohanty Individual 28. Nov 18 28. Nov 18 -600 ₹1,461.10 ₹-876,660
28. Nov 18 Sell Nishant Shrivastava Individual 12. Oct 18 26. Nov 18 -735 ₹1,470.00 ₹-1,003,617
28. Nov 18 Sell Ruchira Bajaj Individual 16. Oct 18 26. Nov 18 -455 ₹1,492.96 ₹-668,402
28. Nov 18 Sell Satish Jain Individual 26. Nov 18 26. Nov 18 -9,500 ₹1,474.58 ₹-14,008,510
27. Nov 18 Sell Satish Jain Individual 22. Nov 18 22. Nov 18 -7,731 ₹1,433.71 ₹-11,084,012
26. Nov 18 Sell Nirav Joshi Individual 07. Nov 18 22. Nov 18 -685 ₹1,438.70 ₹-954,091
26. Nov 18 Buy Nirav Joshi Individual 22. Nov 18 22. Nov 18 50 ₹1,442.48 ₹72,124
19. Nov 18 Sell R. Trivedi Individual 16. Nov 18 16. Nov 18 -2,000 ₹1,396.97 ₹-2,793,940
13. Nov 18 Sell Jasmin Mehta Individual 09. Nov 18 12. Nov 18 -16,499 ₹1,413.84 ₹-23,245,365
13. Nov 18 Sell Jasmin Mehta Individual 07. Nov 18 07. Nov 18 -2,981 ₹1,420.27 ₹-4,233,825
12. Nov 18 Sell Rajat Malhotra Individual 09. Nov 18 09. Nov 18 -15,000 ₹1,403.10 ₹-21,046,500
09. Nov 18 Sell Akhilesh Pillai Individual 09. Oct 18 30. Oct 18 -322 ₹1,385.00 ₹-414,638
06. Nov 18 Sell Anil Bamboli Individual 02. Nov 18 02. Nov 18 -3,000 ₹1,443.25 ₹-4,329,750
05. Nov 18 Sell Praveen Jain Individual 02. Nov 18 02. Nov 18 -3,000 ₹1,439.00 ₹-4,317,000
02. Nov 18 Sell Sadanand Moily Individual 01. Nov 18 01. Nov 18 -2,200 ₹1,419.64 ₹-3,123,208
02. Nov 18 Sell Arthur Costa Individual 01. Nov 18 01. Nov 18 -6,635 ₹1,414.97 ₹-9,388,325
15. Oct 18 Sell Rajbir Singh Individual 04. Oct 18 11. Oct 18 -850 ₹1,385.00 ₹-1,098,984
11. Oct 18 Sell Debashis Guha Individual 08. Oct 18 09. Oct 18 -1,468 ₹1,280.59 ₹-1,845,766
05. Oct 18 Sell Amit Vishwakarma Individual 03. Oct 18 03. Oct 18 -2,000 ₹1,289.65 ₹-2,579,300
27. Sep 18 Buy Chandrika Patni Individual 17. Sep 18 26. Sep 18 662 ₹1,602.43 ₹1,001,427
28. Sep 18 Sell Anil Bamboli Individual 26. Sep 18 26. Sep 18 -4,000 ₹1,434.24 ₹-5,736,960
26. Sep 18 Sell Ritesh Kumar Individual 10. Sep 18 10. Sep 18 -7 ₹1,660.00 ₹-11,620
25. Sep 18 Sell Vijay Prabhu Individual 06. Sep 18 06. Sep 18 -122 ₹1,684.40 ₹-205,375
25. Sep 18 Sell Rajbir Singh Individual 04. Sep 18 04. Sep 18 -414 ₹1,759.00 ₹-726,926
25. Sep 18 Sell P. Pandian Individual 24. Sep 18 24. Sep 18 -422 ₹1,322.91 ₹-558,268
24. Sep 18 Sell Anupam Joshi Individual 21. Sep 18 21. Sep 18 -2,000 ₹1,377.14 ₹-2,754,280
24. Sep 18 Sell Shobhit Mehrotra Individual 19. Sep 18 19. Sep 18 -42,000 ₹1,424.22 ₹-59,817,239
21. Sep 18 Sell Anupam Joshi Individual 19. Sep 18 19. Sep 18 -4,000 ₹1,412.63 ₹-5,650,520
14. Sep 18 Sell Anand Laddha Individual 03. Sep 18 11. Sep 18 -1,900 ₹1,817.06 ₹-3,196,904
14. Sep 18 Sell Shobhit Mehrotra Individual 11. Sep 18 11. Sep 18 -5,000 ₹1,645.89 ₹-8,229,450
11. Sep 18 Sell Arun Agarwal Individual 10. Sep 18 10. Sep 18 -10,000 ₹1,643.23 ₹-16,432,299
06. Sep 18 Sell Anupam Joshi Individual 05. Sep 18 05. Sep 18 -1,000 ₹1,727.00 ₹-1,727,000
04. Sep 18 Sell Yogesh Kuwad Individual 31. Aug 18 31. Aug 18 -1,051 ₹1,820.00 ₹-1,912,820
04. Sep 18 Sell Piyush Surana Individual 31. Aug 18 31. Aug 18 -10,000 ₹1,817.81 ₹-18,178,099
04. Sep 18 Sell John Mathews Individual 30. Aug 18 31. Aug 18 -22,182 ₹1,842.16 ₹-40,787,515
03. Sep 18 Sell Anupam Joshi Individual 31. Aug 18 31. Aug 18 -5,529 ₹1,824.19 ₹-10,085,946
03. Sep 18 Sell Miten Lathia Individual 31. Aug 18 31. Aug 18 -10,000 ₹1,813.26 ₹-18,132,599
03. Sep 18 Sell Shobhit Mehrotra Individual 30. Aug 18 30. Aug 18 -4,189 ₹1,838.57 ₹-7,701,770
09. Aug 18 Sell Standard Life Aberdeen plc Company 02. Aug 18 02. Aug 18 -16,864,585 ₹1,100.00 ₹-18,551,042,945
31. Aug 18 Sell Yogesh Kuwad Individual 29. Aug 18 29. Aug 18 -7,000 ₹1,822.55 ₹-12,757,850
31. Aug 18 Sell Sanket Mehta Individual 29. Aug 18 29. Aug 18 -9,618 ₹1,832.44 ₹-17,624,407
31. Aug 18 Sell Anupam Joshi Individual 29. Aug 18 30. Aug 18 -2,471 ₹1,852.26 ₹-4,551,750
30. Aug 18 Sell Yogesh Kuwad Individual 28. Aug 18 28. Aug 18 -5,000 ₹1,913.30 ₹-9,566,500
30. Aug 18 Sell Anand Laddha Individual 28. Aug 18 29. Aug 18 -2,700 ₹1,949.18 ₹-4,940,750
30. Aug 18 Sell Satish Jain Individual 27. Aug 18 28. Aug 18 -1,518 ₹1,949.87 ₹-2,948,337
30. Aug 18 Sell Chirag Setalvad Individual 28. Aug 18 28. Aug 18 -40,000 ₹1,930.60 ₹-77,224,000
30. Aug 18 Sell Manish Shah Individual 29. Aug 18 29. Aug 18 -3,000 ₹1,828.26 ₹-5,484,780
30. Aug 18 Sell Saurabh Patwa Individual 28. Aug 18 28. Aug 18 -2,500 ₹1,938.00 ₹-4,845,000
30. Aug 18 Sell Sylvia Furtado Individual 27. Aug 18 28. Aug 18 -8,500 ₹1,942.86 ₹-16,507,779
30. Aug 18 Sell Arun Agarwal Individual 29. Aug 18 29. Aug 18 -11,000 ₹1,823.29 ₹-20,056,190
29. Aug 18 Sell Shailesh Bantwal Individual 27. Aug 18 27. Aug 18 -12,000 ₹1,925.37 ₹-23,104,439
29. Aug 18 Sell Sanket Mehta Individual 27. Aug 18 28. Aug 18 -12,382 ₹1,938.84 ₹-24,001,422
29. Aug 18 Sell Dinesh Bhakade Individual 27. Aug 18 27. Aug 18 -10,600 ₹1,935.99 ₹-20,521,493
29. Aug 18 Sell Arghya Gupta Individual 27. Aug 18 27. Aug 18 -12,000 ₹1,956.31 ₹-23,475,719
29. Aug 18 Sell Krishan Daga Individual 27. Aug 18 27. Aug 18 -20,000 ₹1,955.20 ₹-39,103,999
29. Aug 18 Sell Anupam Joshi Individual 27. Aug 18 27. Aug 18 -10,000 ₹1,925.08 ₹-19,250,799
29. Aug 18 Sell Amit Golchha Individual 27. Aug 18 27. Aug 18 -20,000 ₹1,946.00 ₹-38,919,999
29. Aug 18 Sell Piyush Surana Individual 27. Aug 18 27. Aug 18 -20,000 ₹1,946.42 ₹-38,928,399
29. Aug 18 Sell Saurabh Patwa Individual 27. Aug 18 27. Aug 18 -1,500 ₹1,947.33 ₹-2,920,995
29. Aug 18 Sell Yezdi Khariwala Individual 27. Aug 18 27. Aug 18 -100,000 ₹1,930.02 ₹-193,001,996
29. Aug 18 Sell Miten Lathia Individual 28. Aug 18 28. Aug 18 -5,000 ₹1,935.55 ₹-9,677,750
29. Aug 18 Sell Srinivas Ravuri Individual 27. Aug 18 27. Aug 18 -56,550 ₹1,936.92 ₹-109,532,823
29. Aug 18 Sell Anil Bamboli Individual 27. Aug 18 27. Aug 18 -5,500 ₹1,942.94 ₹-10,686,170
29. Aug 18 Sell Shobhit Mehrotra Individual 27. Aug 18 27. Aug 18 -25,000 ₹1,945.45 ₹-48,636,249
28. Aug 18 Sell Manish Shah Individual 27. Aug 18 27. Aug 18 -7,000 ₹1,941.09 ₹-13,587,630
27. Aug 18 Sell Manish Shah Individual 24. Aug 18 24. Aug 18 -20,000 ₹1,911.55 ₹-38,230,999
27. Aug 18 Sell Arun Agarwal Individual 24. Aug 18 24. Aug 18 -14,000 ₹1,916.85 ₹-26,835,899
28. Aug 18 Sell Vikash Agarwal Individual 27. Aug 18 27. Aug 18 -9,000 ₹1,943.53 ₹-17,491,770
28. Aug 18 Sell Vaibhav Joshi Individual 27. Aug 18 27. Aug 18 -5,000 ₹1,925.00 ₹-9,624,999
28. Aug 18 Sell Sharad Mohnot Individual 27. Aug 18 27. Aug 18 -5,000 ₹1,954.30 ₹-9,771,500
28. Aug 18 Sell M. Vijaykumar Individual 24. Aug 18 27. Aug 18 -14,000 ₹1,953.25 ₹-27,339,571
28. Aug 18 Sell Saurabh Patwa Individual 24. Aug 18 24. Aug 18 -5,000 ₹1,897.37 ₹-9,486,850
28. Aug 18 Sell Sarans Harlalka Individual 24. Aug 18 24. Aug 18 -8,000 ₹1,910.03 ₹-15,280,239
28. Aug 18 Sell Bhagyesh Kagalkar Individual 24. Aug 18 24. Aug 18 -8,000 ₹1,896.59 ₹-15,172,719
28. Aug 18 Sell Praveen Jain Individual 24. Aug 18 24. Aug 18 -1,000 ₹1,910.21 ₹-1,910,210
28. Aug 18 Sell Miten Lathia Individual 27. Aug 18 27. Aug 18 -15,000 ₹1,937.81 ₹-29,067,149
28. Aug 18 Sell Srinivas Ravuri Individual 24. Aug 18 24. Aug 18 -7,450 ₹1,919.31 ₹-14,298,860
28. Aug 18 Sell Anil Bamboli Individual 24. Aug 18 24. Aug 18 -5,000 ₹1,901.44 ₹-9,507,200
28. Aug 18 Sell V. Suresh Babu Individual 24. Aug 18 24. Aug 18 -50,000 ₹1,888.90 ₹-94,444,997
09. Aug 18 Sell Housing Development Finance Corporation Limited Company 02. Aug 18 02. Aug 18 -8,592,970 ₹1,100.00 ₹-9,452,266,717
X
Management checks
We assess HDFC Asset Management's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
    5. HDFC Asset Management has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

HDFCAMC News

Simply Wall St News

HDFCAMC Company Info

Description

HDFC Asset Management Company Ltd. is a privately owned investment manager. The firm manages equity, fixed income, and balanced mutual funds for its clients. The firm manages equity, fixed income, balanced, and real estate portfolios. It also manages hedge funds for its clients. The firm invests in public equity and fixed income markets. It employs fundamental analysis to make its investments. The firm was founded on December 10, 1999 and is based in Mumbai, Maharashtra. HDFC Asset Management Company Ltd. operates as a subsidiary of Housing Development Finance Corporation Limited, Brand Capital, and Standard Life Investments Limited.

Details
Name: HDFC Asset Management Company Limited
HDFCAMC
Exchange: NSEI
Founded: 1999
₹441,214,775,433
212,592,645
Website: http://www.hdfcfund.com
Address: HDFC Asset Management Company Limited
HDFC House, H. T. Parekh Marg,
2nd Floor,
Mumbai,
Maharashtra, 400020,
India
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NSEI HDFCAMC Equity Shares National Stock Exchange of India IN INR 06. Aug 2018
BSE 541729 Equity Shares Mumbai Stock Exchange IN INR 06. Aug 2018
BSE 541729 INR5 Mumbai Stock Exchange IN INR 02. Aug 2018
Number of employees
Current staff
Staff numbers
1,150
HDFC Asset Management employees.
Industry
Asset Management and Custody Banks
Diversified Financials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/07/18 13:09
End of day share price update: 2019/07/18 00:00
Last estimates confirmation: 2019/07/17
Last earnings filing: 2019/07/16
Last earnings reported: 2019/06/30
Last annual earnings reported: 2019/03/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

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