HDFC AMC Share Price Target 2024-2030 Fundamentals & Quarterly Results

HDFC AMC Share Price Target 2024, 2025, 2026, 2027, 2028, 2029, 2030 Fundamentals & Quarterly Results – HDFC Mutual Fund whose shares are managed by HDFC Asset Management Company Ltd. It provides HDFC mutual fund management services and other alternative investments fund as well as client guidance on investments to HDFC. From mutual funds, both actively managed and passively managed types, to portfolio management service and alternative investments, the company has a wide range of savings and investment products to meet the diverse needs of its customers.HDFC AMC Share Price Target

HDFC AMC Overview

HDFC Asset Management Company Ltd. (AMC) was registered under the Companies Act of 1956 on the tenth day of December nineteen ninety nine and obtained approval to serve as an Asset Management Company for the HDFC Mutual Fund by SEBI through their correspondence dated July third two thousand.

Company Name HDFC Asset Management Company Ltd
Listed at NSE & BSE
Head Office HDFC House”, 2nd Floor, H. T. Parekh Marg, 165-166, Backbay Reclamation, Churchgate, Mumbai
Board Of Directors
  • Mr.Deepak S Parekh Chairman & Non-Exe.Director
  • Mr.V Srinivasa Rangan Executive Director
  • Mr.Jairaj Purandare Independent Director
  • Ms.Roshni Nadar Malhotra Independent Director
  • Mr.Sanjay Bhandarkar Independent Director
  • Mr.Dhruv Kaji Independent Director
  • Mr.Parag Shah Independent Director
  • Mr.Navneet Munot Managing Director & CEO
  • Ms.Renu S Karnad Non Executive Director
Official Website hdfcfund.com

Also Check Redington Share Price Target

HDFC AMC Business Profile

It provides management services finance related financial guidance, brokerage and consulting services. In excess of 200 cities have a total of 228 investor service centers (ISCs) are where they can be found. To fulfill its clients’ investment requirements, including HNIs, family offices, domestic corporates, trusts, provident funds and domestic as well as international institutions the Company offers portfolio management services and separately managed account (SMA) services.

Also Check Bajaj Finance Share Price Target

HDFC AMC has a varied assortment of asset types spanning both Equity and Fixed Income/Others. It possesses a nationwide system of branches as well as a broadened distribution system that includes banks, separate financial advisors, and national distributors. As at 31st March 2023, the Company had serviced more than 75,000 empanelled distribution partners through its network of 228 branches.

Also  Check Paytm Share Price Target

Business Details

In 9MFY23, the closing AUM was approximately Rs.4.48 lakh crore, of which equity‑oriented closing AUM made up Rs.2.27 lakh crore. The remaining amount was derived from non‑equity‑oriented AUM.

Also Check Bank of Baroda Share Price Target

11.7% market share of equity actively managed fund and 13.5% in debt funds.

The corporation possesses around seventy-five thousand distributors with authorized partnerships, comprising MFDs, NDs, and banks.

There are approximately 228 Investor Service Centers throughout 200 different cities owned by this company.

Also Check Prestige Share Price Target

Around 26 programs that concentrate on stock ownership, nearly 48 programs that deal with debt, about 2 liquid programs and approximately 9 other types of programs.

With respect to the sector’s percentile, the share of the individual monthly average AUM is estimated at around 12.8% while the QAAUM market share is estimated at 11.7%.

Also Check Hudco Share Price Target

JV Partner

This means that as the company’s Joint Venture (JV) partner Abrdn Investment Management Limited sells all the shares it owns in the company’s stock, it will no longer act as a co-sponsor for HDFC Mutual Fund.

Also Check Shree Renuka Sugars Share Price Target

HDFC AMC Fundamentals & Quarterly Results

Metric Value
Market Cap ₹ 88,277 Cr.
Current Price ₹ 4,133
High / Low ₹ 4,296 / 2,416
Stock P/E 42.6
Book Value ₹ 332
Dividend Yield 1.69%
ROCE 37.7%
ROE 29.5%
Face Value ₹ 5.00
FCF Prev Ann ₹ 1,135 Cr.
Debt to Equity 0.00
Debt Preceding Year ₹ 0.00 Cr.
Reserves ₹ 6,972 Cr.
Quick Ratio 0.59
Current Ratio 0.59
Free Cash Flow ₹ 1,602 Cr.

Also Check Engineers India Share Price Target

HDFC AMC Quarterly Results

Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024
Sales (₹ Cr.) 522 545 560 541 575 643 671 695 775
Expenses (₹ Cr.) 132 140 146 130 146 161 160 156 180
Operating Profit (₹ Cr.) 390 405 413 411 429 482 511 539 595
OPM % 75% 74% 74% 76% 75% 75% 76% 78% 77%
Other Income (₹ Cr.) 11 104 103 97 158 122 142 155 173
Interest (₹ Cr.) 2 2 2 2 2 2 2 2 2
Depreciation (₹ Cr.) 14 13 13 13 13 13 13 13 13
Profit Before Tax (₹ Cr.) 385 493 501 492 571 589 639 679 752
Tax % 18% 26% 26% 24% 16% 26% 23% 20% 20%
Net Profit (₹ Cr.) 314 364 369 376 478 438 490 541 604
EPS in Rs 14.73 17.07 17.31 17.63 22.37 20.50 22.94 25.35 28.28

Also Check TATA Motors Share Price Target

CAGR Report

10 Years 5 Years 3 Years TTM/1 Year/Last Year
Compounded Sales Growth 13% 9% 13% 25%
Compounded Profit Growth 18% 16% 14% 31%
Stock Price CAGR 13% 12% 61%
Return on Equity 31% 29% 27% 30%

Also Check Dhanlaxmi Bank Share Price Target

HDFC AMC Shareholding Pattern

Category Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Jun 2024
Promoters 82.72% 79.61% 73.92% 68.81% 62.76% 52.55% 52.52%
FIIs 4.17% 8.00% 9.37% 10.42% 7.50% 20.01% 20.60%
DIIs 2.21% 1.40% 5.95% 9.02% 17.63% 18.37% 17.67%
Public 10.90% 10.99% 10.76% 11.75% 12.10% 9.06% 9.20%
No. of Shareholders 389,062 418,795 464,596 577,010 554,569 436,183 432,584

HDFC AMC Share Price Target 2024-2030 Forecast

Year Initial Target Mid-Year Target Year-End Target
2024 ₹5062.1 ₹6252.6 ₹6966.9
2025 ₹7106 ₹6679 ₹7972
2026 ₹8131 ₹7643 ₹9124
2027 ₹9306 ₹8747 ₹10442
2028 ₹10651 ₹10010 ₹11948
2029 ₹12187 ₹11455 ₹13675
2030 ₹13949 ₹13111 ₹15650

HDFC AMC Share Price Target 2025

Month Target
January ₹7106
February ₹7248
March ₹7393
April ₹7147
May ₹6909
June ₹6679
July ₹6946
August ₹7224
September ₹7513
October ₹7663
November ₹7816
December ₹7972

HDFC AMC Share Price Target 2026

Month Target
January ₹8131
February ₹8294
March ₹8460
April ₹8178
May ₹7906
June ₹7643
July ₹7949
August ₹8267
September ₹8598
October ₹8770
November ₹8945
December ₹9124

HDFC AMC Share Price Target 2027

Month Target
January ₹9306
February ₹9492
March ₹9682
April ₹9360
May ₹9048
June ₹8747
July ₹9097
August ₹9461
September ₹9839
October ₹10036
November ₹10237
December ₹10442

HDFC AMC Share Price Target 2028

Month Target
January ₹10651
February ₹10864
March ₹11081
April ₹10712
May ₹10355
June ₹10010
July ₹10410
August ₹10826
September ₹11259
October ₹11484
November ₹11714
December ₹11948

HDFC AMC Share Price Target 2029

Month Target
January ₹12187
February ₹12431
March ₹12680
April ₹12258
May ₹11850
June ₹11455
July ₹11913
August ₹12390
September ₹12886
October ₹13144
November ₹13407
December ₹13675

HDFC AMC Share Price Target 2030

Month Target
January ₹13949
February ₹14228
March ₹14513
April ₹14030
May ₹13563
June ₹13111
July ₹13635
August ₹14180
September ₹14747
October ₹15042
November ₹15343
December ₹15650

Official Website hdfcfund.com

Leave a Comment