Aditya Birla Capital posts strong Q3 FY26 results

• Consolidated revenue1 increased 30% y-o-y to ₹ 14,181 crore
• Consolidated profit after tax2 increased 41% y-o-y to ₹ 983 crore
• Total lending portfolio grew 30% y-o-y and 7% q-o-q to ₹ 1,90,386 crore
• Mutual fund quarterly average AUM:  4,43,233 crore (↑ 15% y-o-y)
• Life insurance individual first year premium:  3,076 crore in 9M FY26 (↑ 19% y-o-y)
• Health insurance gross written premium:  4,651 crore in 9M FY26 (↑ 39% y-o-y) 
• Udyog plus, B2B platform for MSMEs crossed ₹ 5,000 crore AUM
• ABCD, D2C Platform recorded ~ 9.3 mn customer acquisitions
• Aditya Birla Housing Finance raises ₹ 2,750 crore of growth capital from Advent International at a valuation of ₹ 19,250 crore, on a post money basis, to sustain growth momentum and increase market share
   

Aditya Birla Capital Limited (“The Company”) announced its unaudited financial results for the quarter and nine months ended December 31, 2025.

The consolidated revenue1 grew by 30% year-on-year to ₹ 14,181 crore. The consolidated profit after tax2, excluding exceptional and one-off items, grew by 41% year-on-year to ₹ 983 crore. The overall lending portfolio (NBFC and HFC) grew by 30% year-on-year and 7% sequentially to 
₹ 1,90,386 crore as on December 31, 2025. The total AUM (AMC, life insurance and health insurance) grew by 19% year-on-year to ₹ 5,98,166 crore as on December 31, 2025. The life insurance individual first year premium grew by 19% year-on-year to ₹ 3,076 crore in 9M FY26 and health insurance gross written premium grew by 39% year-on-year to ₹ 4,651 crore in 9M FY26.

The Company’s D2C platform, ABCD offers a comprehensive portfolio of more than 26 products and services such as payments, loans, insurance, and investments. It has seen a healthy uptake with about 93 lakh customer acquisitions till date. The integrated B2B platform for the MSME ecosystem, Udyog Plus, enables seamless and paperless digital journeys for business loans, supply chain financing and other value added services. The platform has scaled significantly with 24 lakh registrations and has crossed an AUM of ₹5,000 crore as of December 31, 2025.

The Company continues to expand its pan-India network with 30 new branches added, taking the total branch network across businesses to 1,742 branches as of December 31, 2025.

Meetings of the Board of Directors of Aditya Birla Capital Limited (“ABCL”) and Aditya Birla Housing Finance Limited (“ABHFL”) were also held today to consider and approve the proposal for a primary capital infusion of approximately Rs. 2,750 Crore in ABHFL (a wholly owned subsidiary of ABCL) from Indriya Limited, one of the entities of Advent International (“Advent”). The completion of the transaction is subject to regulatory approvals and other customary conditions. ABHFL plans to utilize the capital to sustain its growth momentum and increase market share.
 

Key Business Highlights:

NBFC Business - Q3 FY26

• Disbursements grew by 41% year-on-year to ₹ 21,417 crore
• AUM grew by 24% year-on-year and 6% sequentially to ₹ 1,48,182 crore 
• Profit before tax grew by 29% year-on-year and 8% sequentially to ₹ 1,036 crore 
• Return on assets improved by 15 bps year-on-year and 5 bps sequentially to 2.25% 
• Gross stage 2 and 3 ratio improved by 145 bps year-on-year and 23 bps sequentially to 2.80%
   

Housing Finance - Q3 FY26

• Disbursements grew by 30% year-on-year and 7% sequentially to ₹ 6,165 crore 
• AUM grew by 58% year-on-year and 10% sequentially to ₹ 42,204 crore 
• Profit before tax grew by 109% year-on-year and 18% sequentially to ₹ 229 crore 
• Return on assets increased by 54 bps year-on-year and 14 bps sequentially to 1.96%
• Gross stage 2 and 3 ratio improved by 15 bps sequentially and 82 bps year-on-year to 0.95%
   

AMC Business - Q3 FY26

• Mutual fund quarterly average assets under management grew by 15% year-on-year to 4,43,233 crore with equity mix at 45%
• Equity QAAUM grew by 11% year-on-year to ₹ 1,99,442 crore 
• Individual monthly average assets under management grew by 7% year-on-year to 2,11,862 crore
• Folios serviced increased by 3% year-on-year to about 1.08 crore
• Profit before tax grew by 19% year-on-year to ` 358 crore
   

Life Insurance Business - 9M FY26

• Individual First Year Premium (FYP) grew by 19% year-on-year to ₹ 3,076 crore 
• Market share in individual FYP increased by 20 bps year-on-year to 4.7% 
• Renewal premium grew by 18% year-on-year to ₹ 7,725 crore 
• Net value of new business (VNB) margin increased by 380 bps year-on-year to 14.6%
• Absolute net VNB grew by 52% year-on-year to ₹ 485 core
   

Health Insurance Business - 9M FY26

• Gross written premium grew by 39% year-on-year to   4,651 crore
• Standalone health insurer market share increased by 210 bps year-on-year to 14.2% 
• Combined ratio improved to 111% (9M FY25: 114%)