Fin Cascade

Prices as of 8 Oct 2026 close · Not investment advice

Aditya Birla Capital Limited

NSE: ABCAPITALInvestment Company

Share price

₹368.65

-0.93% close of 8 Oct 2026

Market cap ₹96,586 CrP/E 24.0

Price-based ratios (P/B, dividend yield, EV/EBITDA) are as of 5 Oct 2026, the close above is 8 Oct 2026.

Business score

How strong the business is, in one number. The parts behind it are in Pro.

55

out of 100 · worked out 8 Oct 2026

Your ratios

The numbers you want to see first. Tap Edit to change them.

Market cap

₹96,586 Cr

P/E ratio

24.0

P/B ratio

2.8

ROCE

8.7%

ROE

12.0%

Dividend yield

0.0%

Price & valuation chart

How the share price and its valuation have moved. Hover over the chart to see any day. Prices as of the last close.

Prices as of 8 Oct 2026 close52-week high ₹424.7052-week low ₹292.25

Answers

Simple answers to the questions investors ask most, from the company's own numbers.

How fast it has been growing

Sales grew 16.3% over the past year, and 21.0% a year over its longer record. Meanwhile what it keeps on lending slipped from 12.5% to 11.5% over the last two years.

Whether it grew faster than its sector

It grew 21.0% a year against a sector median of 16.0% — 5.0 percentage points faster.

Room to re-rate, or risk of de-rating

At 24.0× earnings against a market that pays 23.9× across 2199 companies we can price. Its own industry sits at 47.6×, across 5 companies. It is against its own five-year median of 18.3×, the 78th percentile of its own range.

Whether growth justifies the valuation

Its earnings are falling, so growth cannot justify the price.

Profit growthPrice per ₹1 profitPer 1% growth
Aditya Birla Capital Limited — this one-7%/yr24.0×—
Jio Financial Services Limited293%/yr64.9×—
Tata Investment Corporation Limited20%/yr72.1×₹3.6
Cholamandalam Financial Holdings Limited24%/yr9.8×₹0.41
TVS Holdings Limited40%/yr11.6×₹0.29
Maharashtra Scooters Limited17%/yr47.6×₹2.8

Compared with companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

How it compares with its peers

Against companies the exchange files under the same label (Investment Company), it ranks 6 of 38 on returns, 11 of 34 on growth, 26 of 39 on margin. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

What makes it hard to beat — and is that still true?

No durable advantage shows in the numbers: it earns 8.7% on capital, ahead of 84% of companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

Whether its growth pays for itself

No — Over the last five years the business itself consumed ₹117678 crore of cash before any plant spend, funded from lenders and shareholders. And the profit is not backed by cash: it reported a profit over 12 years and consumed cash from the business.

Profit reality check

Is the profit real cash? Simple checks on the accounts. Facts only, not advice.

Not enough filed accounts to run these checks yet.

Latest result · Q1 FY27

What the last results showed. Whether management kept its word is in Pro.

Profit rose 44% on the year to Rs 1,224 Cr on revenue of Rs 12,180 Cr.

Announced 31 Jul 2026 · Consolidated

Revenue

₹12,180 Cr

Net profit

₹1,224 Cr

Profit vs last year

+43.8%

Profit vs last quarter

+5.1%

Net margin

10.0%

EPS

₹4.46

Checklist before you investPRO

Points for and against, in one list.

Key numbers & peers

The main numbers grouped by topic, and how the company compares with similar ones.

Price

Market cap
₹96,586 Cr
Prev close
₹368.65
52w High
₹431
52w Low
₹288
Enterprise value
₹96,212 Cr
Beta
1.6
Price CAGR 1y
23.0%
Price CAGR 3y
27.0%
Price CAGR 5y
28.0%
Price CAGR 10y
—

Ratios

Return on assets
1.2%
PEG ratio
-3.6
P/E ratio
24.0
P/B ratio
2.8
EV / EBITDA
19.9
Industry P/E
22.9
ROCE
8.7%
ROCE 5y average
—
ROE
12.0%
Debt / Equity
5.2
Interest coverage
—
Dividend yield
0.0%
ROE 3y average
12.0%
ROE last year
12.0%

Annual P&L

Annual revenue
₹45,513 Cr
Annual profit
₹3,864 Cr
Operating margin
11.0%
Net profit margin
8.5%
EBITDA margin
11.2%
Sales growth 3y
14.7%
Sales growth 5y
18.8%
Profit growth 3y
-7.0%
Profit growth 5y
28.0%
EPS
₹14.8
Sales growth TTM
16.0%
Profit growth TTM
18.0%
Dividend payout
0.0%

Quarter P&L

Sales latest quarter
₹12,180 Cr
Profit latest quarter
₹1,224 Cr
YoY quarterly sales growth
28.2%
YoY quarterly profit growth
43.3%
OPM latest quarter
13.0%

Balance Sheet

Book Value
₹131
Face Value
₹10.0
Total debt
₹1.80L Cr
Total cash
₹4,730 Cr
Borrowings
₹1.80L Cr
Reserves / Equity
12.1

Cash Flow

Operating cash flow
-₹36,544 Cr
Free cash flow
-₹36,905 Cr
FCF yield
—
Net cash flow
-₹1,927 Cr

Shareholding

Promoter holding
68.8%
FII holding
7.9%
DII holding
13.4%
Public holding
9.8%

Peer comparison

CompanyPrice ₹P/EMkt cap ₹ CrDiv yield %Profit qtr ₹ CrProfit var %Sales qtr ₹ CrSales var %ROCE %
Jio Financial212.5067.91,40,3170.28830.3174.42,004.5227.31.9
Aditya Birla Cap375.0525.51,02,6810.001,223.940.112,179.528.28.7
Tata Inv.Corpn.615.0572.231,1190.55143.5-1.9151.74.31.6
Chola Financial1,369.609.625,7180.091,789.039.311,113.619.69.8
TVS Holdings11,886.0012.124,0480.721,173.681.917,076.234.016.9
Mah. Scooters12,380.0050.814,1491.783.3-90.65.4-81.51.1
JSW Holdings11,258.0099.912,4960.0021.59.234.615.00.5
Median504.6725.51,0030.0010.917.110.122.31.6

Competes with: 3P Land Holdings Limited, BEML Land Assets Limited, BLB Limited, Blue Chip India Limited, Cholamandalam Financial Holdings Limited, DCM Financial Services Limited, EL CID Investments Limited, GKW Limited, Hexa Tradex Limited, Industrial & Prudential Investment Company Limited, Industrial Investment Trust Limited, JSW Holdings Limited, Jindal Photo Limited, Jindal Poly Investment and Finance Company Limited, Jio Financial Services Limited, Kalyani Investment Company Limited, Lakshmi Finance & Industrial Corporation Limited, Maharashtra Scooters Limited, Mask Investments Limited, Nagreeka Capital & Infrastructure Limited, Nahar Capital and Financial Services Limited, Nalwa Sons Investments Limited, Oswal Greentech Limited, PNB Gilts Limited, Paras Petrofils Limited, Pilani Investment and Industries Corporation Limited, Religare Enterprises Limited, SIL Investments Limited, Shipping Corporation of India Land and Assets Limited, Stel Holdings Limited, Summit Securities Limited, TSF INVESTMENTS LIMITED, TVS Holdings Limited, Tata Investment Corporation Limited, VLS Finance Limited, Vardhman Holdings Limited, Welspun Investments and Commercials Limited, Williamson Magor & Company Limited

Quarterly results

Sales and profit for each of the last 13 quarters. Newest on the right. ₹ crore.

Consolidated · to 30 Jun 2026
Line itemJun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Revenue7,0457,6078,80010,7808,67310,3229,38112,2149,50310,59511,95213,45912,180
Expenses4,4904,7985,7647,1825,4586,6045,8768,4195,6526,5947,6458,9247,221
Financing Profit8849821,0391,4769711,3481,0091,2101,1141,1971,3261,4341,569
Financing Margin %13131214111311101211111113
Other Income70706018315012485219139927289153
Interest1,6711,8271,9972,1222,2442,3692,4962,5852,7362,8042,9813,1013,390
Depreciation43465052546064687177768282
Profit before tax9121,0061,0501,6061,0671,4131,0301,3611,1821,2121,3221,4411,641
Tax %27282820272830352827272725
Net Profit6667257601,2887791,0217248868548829661,0471,224
EPS in Rs2.502.712.834.792.923.842.723.323.213.273.613.864.30

Profit & loss

Yearly sales, costs and profit for 12 years, plus the last 12 months (TTM). ₹ crore.

Consolidated · to 31 Mar 2026
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Revenue2,7103,6455,88211,52615,16816,69619,26022,23230,16333,95840,63245,51348,186
Expenses1,0021,1562,4787,5399,85010,93413,96616,69419,97221,97826,35728,81530,383
Financing Profit5968771,1059631,2081,1281,3782,0585,4694,3644,5815,0765,527
Financing Margin %222419887791813111111
Other Income-39244177230254282351311390508502405
Interest1,1121,6122,2993,0244,1094,6343,9163,4804,7227,6179,69411,62212,276
Depreciation3733434458103114122145188246307317
Profit before tax5198691,0661,0961,3811,2801,5462,2875,6354,5664,8805,2715,616
Tax %404035374132282714253027
Net Profit3095246916938118661,1061,6604,8243,4393,4103,8644,119
EPS in Rs4.086.584.303.153.963.814.667.062013131515
Dividend Payout %000000000000

Compounded growth

Average yearly growth over different spans, as stored. A span can cross a demerger or an acquisition.

Compounded sales growth

10 years
29%
5 years
19%
3 years
15%
TTM
16%

Compounded profit growth

10 years
22%
5 years
28%
3 years
-7%
TTM
18%

Stock price CAGR

10 years
—
5 years
28%
3 years
27%
1 year
23%

Return on equity

10 years
13%
5 years
15%
3 years
12%
Last year
12%

Balance sheet

What the company owns and what it owes, at the end of each year. ₹ crore.

Consolidated
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital7577961,2322,2012,2012,4142,4152,4162,4182,6002,6072,620
Reserves1,0561,9215,3786,3377,31110,16211,32713,07617,89324,21727,78231,804
Borrowing15,97324,75033,21544,51656,32455,96653,04458,42584,7381,10,1391,40,0091,79,538
Other Liabilities1,8572,57438,31640,50243,63344,97857,69866,89775,30494,6671,08,2451,21,005
Total Liabilities19,64230,04278,14193,5561,09,4701,13,5201,24,4851,40,8151,80,3532,31,6232,78,6433,34,966
Fixed Assets2843147788378921,1811,2591,3051,2791,6521,9291,998
CWIP8113533347445454494122114
Investments7201,36311,76039,57343,95548,41557,70367,35580,38399,5391,12,9531,25,116
Other Assets18,63028,35365,56953,11364,58963,85065,47872,11098,6471,30,3381,63,6392,07,738
Total Assets19,64230,04278,14193,5561,09,4701,13,5201,24,4851,40,8151,80,3532,31,6232,78,6433,34,966

Cash flows

Real money coming in and going out each year — from the business, from investments and from loans. ₹ crore.

Consolidated
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity0-8,697-7,570-11,894-10,2564,27164-5,070-24,029-24,100-27,935-36,544
Cash from Investing Activity0-638-1,62338-690-3,0702,429-1,446-2,675-4,590933-3,544
Cash from Financing Activity09,1849,87012,00610,852875-2,5815,83626,38528,51429,77838,161
Net Cash Flow0-151678150-942,076-88-679-318-1762,776-1,927
Free Cash Flow0-8,745-7,688-12,049-10,4134,117-84-5,247-24,268-24,499-28,382-36,905

Ratios

How fast customers pay, how long stock sits, and how well capital earns — year by year.

Consolidated
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
ROE %182311910891227141212

Shareholding pattern

Who owns the company — founders (promoters), foreign funds, Indian funds and the public. In %.

Consolidated · to 30 Jun 2026
Line itemSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters696969696969696969696969
FIIs109.771110108.577.836.476.105.157.017.94
DIIs8.248.377.558.128.479.529.791213151413
Government00000000000.120.11
Public12131313121314131212119.77
No. of Shareholders4,64,3664,91,8565,03,8425,30,0875,27,4785,63,0865,76,8635,60,3825,61,0465,46,4705,22,1285,13,052

Price trend

The price as a Renko brick chart: small moves drop out so the bigger path stands out.

Change over 1 year +23.7% (₹297.95 → ₹368.65)Brick size ₹9.11 (fixed)Bricks 41
₹300₹350₹400₹369Nov '25Jan '26Mar '26May '26Jul '26Sep '26
Price moved up one brickPrice moved down one brickLast close ₹368.65 on 8 Oct 2026

Every brick is the same size, about one typical day's move. A new brick needs a full brick's move; turning the other way needs two. Bricks show where the price went, not where it will go.

Open interestPRO

Where option traders are positioned on this stock.

Industry numbers

The numbers that matter most in this industry, from the company's own filings.

1 when an audit qualification is filed as repetitive

0.00flag

2026-03-31

capital adequacy (CRAR) %

18.82

combined ratio %

106

cost-to-income %

31.81

the company's own unlisted debt securities in default at period end

0.00cr

2026-06-30

gross NPA %

1.30

the company's own loans / revolving facilities in default at period end (standalone filing)

0.00cr

2026-06-30

total loans / revolving facilities outstanding at period end, the base of loan_default_cr

81,972cr

2026-06-30

net NPA %

0.68

net interest margin %

6.07

13-month persistency %

83.00

guarantees / comfort given for promoter, promoter group, directors and KMP

0.00cr

2026-03-31

loans outstanding to promoter, promoter group, directors and KMP (governance filing)

54.28cr

2026-03-31

security given for the borrowing of promoter, promoter group, directors and KMP

0.00cr

2026-03-31

provision coverage %

48.20

FY revenue / permanent employees + workers, same basis (calc)

2,12,30,863inr

2026-03-31

return on assets %

2.39

solvency ratio (multiple)

2.01

News

News and filings about Aditya Birla Capital Limited. Open one to see why it matters.

Supply chain

Who it buys from, sells to and competes with — as recorded in our map of company links.

About

What the company is, from our own records: where it sits, where it makes things, and what it is made of.

Sector
Financial Services
Industry
Investment Company
Classification
Financial Services › Investment Company
ISIN
INE674K01013

Business segments

  • Life Insurance · 44%
  • Lending (Excluding Housing Finance) · 32%
  • Health Insurance · 12%
  • Housing Finance · 8%
  • Asset Management · 4%
  • Stock and Securities Broking · 1%
  • Other Financial Services · 0%

News impact

Big market events that reach Aditya Birla Capital Limited, and how the effect spreads.

Who it hits first

  • Maharashtra Scooters pays Rs 160 cash per share to holders on record Sep 21; cum-dividend buying into the date, then a mechanical ex-date price markdown of a similar sum.
  • Mild positive sentiment: repeats last year's identical payout, signalling continued cash strength; no new business development.

Who may gain

  • MAHSCOOTER shareholders of record receive certain cash.
  • Fellow listed holding companies (Tata Investment, JSW Holdings, Cholamandalam Holdings, TVS Holdings) get faint sentiment only — no cash, orders or business transfer.

Along the supply chain

Downstream

No downstream effect — no customers, no product, no pricing impact anywhere in any chain.

Upstream

No supply-chain link — Maharashtra Scooters is an investment company with no suppliers; nothing upstream gains or loses.

Where demand moves

Business

No goods or services change hands — a pure cash-distribution event with no demand created or destroyed.

Capital

Tiny yield-seeking inflow into MAHSCOOTER cum-dividend; no sector rotation — Financial Services money has no reason to move on one small holding firm's payout.

How it spreads across sectors

Financial Services

Negligible — a single holding-company dividend does not move sector earnings, flows or valuations; at most a faint warm glow for the listed holding-company basket.

Commodity angle

Cc skip reason

no_commodity_link

When it plays out

Immediate

1-7 days: cum-dividend support into Sep 21 record date (+1-2% possible on thin volume), then ex-date markdown.

Medium term

1-6 months: no lasting effect unless the strategy shift materialises into restructuring or portfolio action.

Short term

1-4 weeks: payout by Oct 13; price normalises; watch for details of the noted strategy-direction changes.

Who it hits first

  • GRASIM deploys ₹2,880 cr capital to subsidiary
  • ABCAPITAL gets parent endorsement + reduced free-float overhang

Who may gain

  • ABCAPITAL re-rates on parent commitment
  • Bajaj Finance / SBI Cards may see modest rotation pressure as ABCL re-rates

Along the supply chain

Downstream

No impact on ABCL's borrowers or Grasim's cement customers

Upstream

No supply-chain link — purely a balance-sheet reorganisation

Where demand moves

Business

No business-demand impact — purely intra-group capital reorg; ABCL's lending book unchanged

Capital

GRASIM minority shareholders concerned over capital allocation; ABCL minority shareholders gain parent-floor confidence; sector rotation favors ABCL within mid-cap NBFCs

How it spreads across sectors

Construction Materials

GRASIM sentiment weak on capital diversion concern

Financial Services

ABCL positive; modest rotation pressure on mid-NBFC peers

When it plays out

Immediate

GRASIM -1 to -3% on capital allocation; ABCL +3 to +6% on parent commitment

Medium term

Group rationalization may set up GRASIM SOTP re-rating

Short term

ABCL re-rating sustains 2-4 weeks if disbursement growth holds

Who it hits first

  • Aditya Birla Group would gain a larger renewable-energy operating platform if the Sprng Energy acquisition closes, increasing competitive intensity for listed renewable power developers.
  • Listed renewable peers may see valuation read-through from a reported deal value above $1.7 billion, but no listed ticker in the input is the direct acquisition target.

Who may gain

  • NTPC, Tata Power, JSW Energy and Adani Green may get positive sector valuation read-through as strategic buyers show appetite for Indian renewable assets.
  • Wind and solar equipment suppliers such as Suzlon, Inox Wind, Premier Energies and Waaree Energies may benefit if large renewable platforms accelerate capacity additions after ownership changes.

Along the supply chain

Downstream

Downstream impact is limited to renewable power offtakers and distribution buyers through a larger private renewable supplier; no immediate tariff change is implied.

Upstream

Upstream demand can improve for solar module makers, wind turbine suppliers, power equipment vendors and EPC contractors if the buyer accelerates Sprng Energy projects.

Where demand moves

Business

Renewable project ownership may consolidate, shifting demand toward solar modules, wind equipment, EPC services and grid equipment over 1-6 months.

Capital

Capital may rotate toward listed renewable platforms and suppliers as investors reprice Indian clean-energy asset scarcity.

How it spreads across sectors

Capital Goods

Positive order-flow read-through for solar, wind and power-equipment suppliers tied to renewable capacity buildout.

Defence

Only indirect power-equipment read-through for BHEL; the event is not defence-led.

Financial Services

Narrow group-sentiment read-through for Aditya Birla-linked listed financial entity, but no direct business linkage to the renewable asset acquisition.

Power

Positive valuation read-through for renewable-heavy power developers, partly offset by higher competition for project acquisitions.

When it plays out

Immediate

In 1-7 days, renewable and power stocks may react to valuation read-through and M&A scarcity premium.

Medium term

In 1-6 months, equipment suppliers may benefit only if ownership change translates into faster renewable project execution and orders.

Short term

In 1-4 weeks, market focus shifts to deal confirmation, financing structure and comparable valuations for listed renewable platforms.

Dividends, splits & big trades

Money paid out, share splits and buybacks, and big buys or sells by funds and insiders.

Splits, bonuses & buybacks

  • daily-prices repair: 8 rows from NSE's archive (replace 1, delete 1, insert 6), 2020-02-01..2026-02-01 (docs/flat_day_repair.md)1× · 1 Feb 2020

Documents

Annual reports, results presentations and earnings calls, straight from the source.

Facts from company filings and exchange data. Not investment advice: nothing here tells you to buy or sell.