AB Capital Q2 FY27 Results I Consol. PAT up 38% YoY to Rs. 1,288 Cr Strong Earnings Growth with Robust Asset Quality
Aditya Birla Capital Limited (“The Company”) announced its financial results for the quarter and half year ended September 30, 2026.
The consolidated revenue 1 grew by 31% year-on-year to Rs 16,545 crore in Q2 FY27. The consolidated profit after tax grew by 38% year-on-year to Rs 1,288 crore in Q2 FY27. The overall lending AUM (NBFC and HFC) grew by 32% year-on-year and 7% sequentially to Rs 2,33,930 crore as on September 30, 2026. The total AUM (AMC, life insurance and health insurance) increased 2.2 times year-on-year to Rs 12,33,619 crore as on September 30, 2026. The life insurance individual first year premium grew by 25% year-on-year to Rs 2,342 crore in H1 FY27 and health insurance gross written premium grew by 48% year-on-year to Rs 4,543 crore in H1 FY27.
Key Business Highlights:
NBFC Business – Q2 FY27
* Disbursements grew by 12% year-on-year and 17% sequentially to Rs 24,708 crore
* AUM grew by 26% year-on-year and 5% sequentially to Rs 1,76,557 crore
* Profit before tax grew by 41% year-on-year and 11% sequentially to Rs 1,352 crore
* Return on assets increased by 25 bps year-on-year and 6 bps sequentially to 2.45%
* Gross stage 2 and 3 ratio improved by 72 bps year-on-year and 12 bps sequentially to 2.31%
Housing Finance – Q2 FY27
* Disbursements grew by 55% year-on-year and 19% sequentially to Rs 8,957 crore
* AUM grew by 50% year-on-year and 11% sequentially to Rs 57,373 crore
* Profit before tax grew by 73% year-on-year and 12% sequentially to Rs 335 crore
* Return on assets stood at 2.12%
* Gross stage 2 and 3 ratio improved by 45 bps year-on-year and 13 bps sequentially to 0.65%
AMC Business – Q2 FY27
* Mutual fund quarterly average assets under management grew by 4% year-on year to
4,41,787 crore
* Equity QAAUM grew by 9% year-on-year to Rs 2,09,230 crore
* Individual monthly average assets under management grew by 5% year-on-year to
2,17,740 crore
* Profit after tax stood at Rs 221 crore
Life Insurance Business – H1 FY27
* Individual First Year Premium (FYP) grew by 25% year-on-year to Rs 2,342 crore
* Group new business premium increased by 90% year-on-year to Rs 4,232 crore
* Renewal premium grew by 20% year-on-year to Rs 5,578 crore
* Net value of new business (VNB) margin increased by 447 bps year-on-year to 16.1%
* Absolute net VNB grew by 78% year-on-year to Rs 424 crore
Health Insurance Business – H1 FY27
* Gross written premium grew by 48% year-on-year to 4,543 crore
* Standalone health insurer market share increased by 70 bps year-on-year to 14.2%
* Combined ratio stood at 107%
The Company continues to strengthen its digital platforms to enable seamless customer onboarding and service delivery. The Company’s D2C platform, ABCD offers a comprehensive portfolio of more than 26 products and services such as payments, loans, insurance, and investments. The platform has witnessed a strong response with about 1.3 crore customer acquisitions as of September 30, 2026.
The comprehensive B2B platform for the MSME ecosystem, Udyog Plus, offers seamless, paperless digital journey for business loans, supply chain financing and a host of other value-added services. It has scaled up significantly with over 24 lakh registrations and reached an AUM of Rs 7,262 crore as of September 30, 2026.
The Company also continues to expand its physical footprint with a pan-India presence of 1,822 branches across all businesses as of September 30, 2026. The branch expansion is targeted at driving penetration into tier 3 and tier 4 towns and new customer segments.
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