06 November 2018
Retailisation across businesses:
Value accretive growth:
Aditya Birla Capital Limited (ABCL) today announced its financial results for the quarter and half year ended 30 September 2018. ABCL, formerly known as Aditya Birla Financial Services Limited, is the holding company of the financial services businesses of the Aditya Birla Group. It is a universal financial solutions provider, meeting the lifetime financial needs of customers. Its key business lines include a diversified NBFC, housing finance, life insurance, health insurance and asset management businesses.
Highlights of key businesses
Aditya Birla Finance Ltd. (ABFL)
ABFL is a leading NBFC which continues to have a well-diversified portfolio with a strong focus on asset quality, robust risk management and generating healthy returns.
Aditya Birla Housing Finance Ltd. (ABHFL)
ABHFL is a fast-growing housing finance company.
Aditya Birla Sun Life AMC Ltd. (ABSLAMC)
ABSLAMC is a leading mutual fund which has demonstrated robust growth in challenging market conditions.
Aditya Birla Sun Life Insurance (ABSLI)
ABSLI, our life insurance business, had strong momentum in Individual New Business Premium growth, product mix and quality.
Aditya Birla Health Insurance Co. Ltd. (ABHI)
ABHI is a fast-growing health insurance provider with a differentiated offering and business model
Consolidated financials – Q2 FY2018-19
Consolidated financials – H1 FY2018-19
ABCL is in a unique position of being able to provide Universal Financial Solutions to meet customers’ money needs for life. ABCL’s focused customer-centric approach under a single brand “Aditya Birla Capital” enables it to chart a differentiated and disciplined path to growth. ABCL has built a leadership position in a number of businesses. Anchored by more than 16,500 employees, ABCL has a nationwide reach through over 800 branches and more than 2,00,000 agents / channel partners.
1 Aditya Birla Sun Life AMC Ltd and Aditya Birla Wellness Private Ltd. consolidated based on equity accounting under Ind AS, however considered as a part of revenue to show holistic financial performance
2 Established businesses include NBFC, Asset Management and Life Insurance business
About Aditya Birla Capital Ltd.
Aditya Birla Capital Limited (ABCL) is the holding company of all the financial services businesses of the Aditya Birla Group. With a strong presence across the life insurance, asset management, private equity, corporate lending, structured finance, project finance, general insurance broking, wealth management, equity, currency and commodity broking, online personal finance management, housing finance, pension fund management and health insurance business, ABCL is committed to serving the end-to-end financial services needs of its retail and corporate customers. Anchored by more than 16,500 employees, ABCL has a nationwide reach and more than 2,00,000 agents / channel partners.
Aditya Birla Capital is a part of the Aditya Birla Group, a US$44.3 billion Indian multinational, in the league of Fortune 500. Anchored by an extraordinary force of over 120,000 employees, belonging to 42 nationalities, the Aditya Birla Group operates in 35 countries across the globe.
Disclaimer : Certain statements in this “Media Release” may not be based on historical information or facts and may be “forward looking statements” within the meaning of applicable securities laws and regulations, including, but not limited to, those relating to general business plans & strategy of the Company, its future outlook & growth prospects, future developments in its businesses, its competitive & regulatory environment and management's current views & assumptions which may not remain constant due to risks and uncertainties. Actual results could differ materially from those expressed or implied. The Company assumes no responsibility to publicly amend, modify or revise any statement, on the basis of any subsequent development, information or events, or otherwise. This “Press Release” does not constitute a prospectus, offering circular or offering memorandum or an offer to acquire any shares and should not be considered as a recommendation that any investor should subscribe for or purchase any of the Company’s shares. The financial figures in this “Press Release” have been rounded off to the nearest Rs. one Crore. The financial results are consolidated financials unless otherwise specified.
Dr. Pragnya RamGroup Executive President, Corporate Communications & CSRAditya Birla Management Corporation Private LimitedAditya Birla Centre, 1st Floor, 'C' WingS.K. Ahire Marg, WorliMumbai 400 030.
91-22-6652 5000 /2499 5000
Fax: 91-22-6652 5741/ 42