Analyst Estimates: Here's What Brokers Think Of HDFC Asset Management Company Limited (NSE:HDFCAMC) After Its Annual Report

It's been a good week for HDFC Asset Management Company Limited (NSE:HDFCAMC) shareholders, because the company has just released its latest yearly results, and the shares gained 5.8% to ₹4,218. Results were roughly in line with estimates, with revenues of ₹41b and statutory earnings per share of ₹115. The analysts typically update their forecasts at each earnings report, and we can judge from their estimates whether their view of the company has changed or if there are any new concerns to be aware of. With this in mind, we've gathered the latest statutory forecasts to see what the analysts are expecting for next year.

Our free stock report includes 2 warning signs investors should be aware of before investing in HDFC Asset Management. Read for free now.

Taking into account the latest results, the current consensus from HDFC Asset Management's twelve analysts is for revenues of ₹44.7b in 2026. This would reflect a solid 10% increase on its revenue over the past 12 months. Per-share earnings are expected to grow 14% to ₹131. Yet prior to the latest earnings, the analysts had been anticipated revenues of ₹45.2b and earnings per share (EPS) of ₹129 in 2026. The consensus analysts don't seem to have seen anything in these results that would have changed their view on the business, given there's been no major change to their estimates.

Check out our latest analysis for HDFC Asset Management

The analysts reconfirmed their price target of ₹4,535, showing that the business is executing well and in line with expectations. It could also be instructive to look at the range of analyst estimates, to evaluate how different the outlier opinions are from the mean. There are some variant perceptions on HDFC Asset Management, with the most bullish analyst valuing it at ₹5,100 and the most bearish at ₹3,520 per share. There are definitely some different views on the stock, but the range of estimates is not wide enough as to imply that the situation is unforecastable, in our view.

One way to get more context on these forecasts is to look at how they compare to both past performance, and how other companies in the same industry are performing. We would highlight that HDFC Asset Management's revenue growth is expected to slow, with the forecast 10% annualised growth rate until the end of 2026 being well below the historical 13% p.a. growth over the last five years. Compare this to the 300 other companies in this industry with analyst coverage, which are forecast to grow their revenue at 12% per year. So it's pretty clear that, while HDFC Asset Management's revenue growth is expected to slow, it's expected to grow roughly in line with the industry.

The Bottom Line

The most obvious conclusion is that there's been no major change in the business' prospects in recent times, with the analysts holding their earnings forecasts steady, in line with previous estimates. They also reconfirmed their revenue estimates, with the company predicted to grow at about the same rate as the wider industry. There was no real change to the consensus price target, suggesting that the intrinsic value of the business has not undergone any major changes with the latest estimates.

With that in mind, we wouldn't be too quick to come to a conclusion on HDFC Asset Management. Long-term earnings power is much more important than next year's profits. At Simply Wall St, we have a full range of analyst estimates for HDFC Asset Management going out to 2028, and you can see them free on our platform here..

That said, it's still necessary to consider the ever-present spectre of investment risk. We've identified 2 warning signs with HDFC Asset Management , and understanding these should be part of your investment process.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.