UTI Asset Management Co. Ltd. (UTIAMC) AI Stock Analysis

UTI Asset Management Co. Ltd.

(NSE:UTIAMC)

Select Model

Rating:76Outperform

Price Target:INR 912.00▲(12.63% Upside)

Action:reiterated

Date:10/27/26

Strong financial performance is the primary support, reinforced by an attractive dividend yield and broadly positive earnings-call outlook. Weak technical momentum and recent profit, cash-flow, and fund-flow pressures limit the overall score.

Positive Factors

Conservative balance sheetVery low leverage gives UTIAMC substantial financial resilience and limits interest-related pressure on earnings. The sizable equity base also preserves flexibility to invest in distribution, technology, research, and new products while absorbing periods of market or AUM volatility.

Negative Factors

Equity and hybrid outflowsPersistent equity and hybrid outflows would directly pressure AUM-linked management fees and could weaken UTIAMC's market position if investors shift assets to competitors. Flexi Cap weakness and redemptions across distributors and direct channels add to the retention challenge.

UTI Asset Management Co. Ltd. (UTIAMC) vs. iShares MSCI India ETF (INDA)

Market Cap: INR 104.17B
Dividend Yield: 10.87%
Average Volume (3M): 20.65K
Price to Earnings (P/E): 21.7
Beta (1Y): 1.29
Revenue Growth: -1.49%
EPS Growth: -18.64%
Country: India
Employees: 1,248
Sector: General
Sector Strength: 55
Industry: Asset Management

UTI Asset Management Co. Ltd. Business Overview & Revenue Model

Company Description

UTI Asset Management Company (P) Ltd. operates as a privately held investment management firm, dedicated to overseeing mutual funds on behalf of its clientele. Established in Mumbai, India, on November 14, 2002, the company strategically allocates ca...

How the Company Makes Money

UTIAMC primarily earns revenue by managing client assets and charging fees that are typically linked to assets under management (AUM). Its core revenue stream is management and advisory fees from UTI Mutual Fund schemes, where it earns recurring fees...

UTI Asset Management Co. Ltd. Earnings Call Summary

Earnings Call Date:Oct 22, 2026(Q2-2027)|% Change Since:-4.80%|Next Earnings Date:Jan 21, 2027

Earnings Call SentimentPositive

The call was broadly constructive, supported by growth in AUM, SIP registrations, investor additions, core profitability, research capabilities, fund performance, pension AUM, alternatives, digital distribution, and operating efficiency. However, management acknowledged equity and hybrid outflows, Flexi Cap challenges, market and macroeconomic volatility, lower standalone reported PAT, sequentially lower consolidated reported PAT, flattish international revenue, and ongoing distributor and direct-channel challenges. Highlights significantly outweighed the lowlights.

Positive Updates

Resilient Mutual Fund Industry Growth

Domestic activity remained resilient, with quarter one GDP growth at 7.8% supported by manufacturing and services. Equity-oriented schemes attracted INR 92,333 crore in Q2 FY 2027, taking H1 inflows to INR 1.83 lakh crore. September equity inflows were INR 38,307 crore, while monthly SIP contributions reached a record INR 32,490 crore and industry SIP AUM stood at INR 17.86 lakh crore.

Negative Updates

Inflation, Interest Rate, and Geopolitical Headwinds

West Asia tensions and crude oil volatility heightened inflationary pressures, with retail inflation rising to 5.54% in September 2026. The RBI raised the repo rate to 5.50% and projected FY 2027 GDP growth at 7.1%. Management also noted market volatility at the end of the quarter.

Company Guidance

Management maintained full-financial-year employee-cost guidance at close to around INR 95 crore per quarter on a standalone basis and close to around INR 130 crore per quarter on a consolidated basis. UTI International expects two new fund launches by the end of quarter three and quarter four, which hopefully should provide some traction of AUM and revenue growth. UTI plans to launch its hybrid long short fund in quarter three; five or six strategies have been allowed by regulators, with product decisions to be made over the next one or two years. The company expects to distribute closer to 90%-95% of profit as dividend, with no plans to distribute any special dividend, while the aggressive policy of paying a substantial portion of profit as dividend should continue.

UTI Asset Management Co. Ltd. Financial Statement Overview

Summary

Strong financial health supported by exceptional balance-sheet stability, low leverage, revenue growth, and solid profitability. Margin compression and variable cash-flow coverage temper the score.

Income Statement

82Very Positive

Balance Sheet

94Very Positive

Cash Flow

78Positive

Financial statement breakdown
Breakdown	TTM	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022
Income Statement
Total Revenue	16.07B	17.14B	14.45B	11.82B	11.31B	11.19B
Gross Profit	13.81B	15.95B	10.19B	7.84B	7.50B	7.42B
EBITDA	7.60B	7.02B	11.11B	10.41B	6.36B	7.07B
Net Income	4.80B	4.04B	7.31B	7.66B	4.37B	5.34B
Balance Sheet
Total Assets	49.56B	50.43B	56.58B	53.41B	41.75B	39.88B
Cash, Cash Equivalents and Short-Term Investments	4.11B	4.44B	46.47B	23.33B	3.57B	19.63B
Total Debt	1.38B	1.41B	1.42B	1.39B	1.13B	1.06B
Total Liabilities	5.43B	5.39B	4.98B	3.68B	3.07B	3.70B
Stockholders Equity	44.14B	45.05B	45.99B	43.88B	38.68B	36.06B
Cash Flow
Free Cash Flow	0	3.64B	4.67B	1.79B	2.86B	3.11B
Operating Cash Flow	0	4.32B	5.36B	3.25B	3.95B	3.49B
Investing Cash Flow	0	-724.20M	1.24B	-1.46B	-925.10M	-705.30M
Financing Cash Flow	0	-5.81B	-5.54B	-2.38B	-2.67B	-2.15B

UTI Asset Management Co. Ltd. Technical Analysis

Technical Analysis SentimentNegative

Last Price809.75

Price Trends

50DMA880.53Negative

100DMA897.75Negative

200DMA926.93Negative

Market Momentum

MACD-21.17Positive

RSI28.67Positive

STOCH35.35Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:UTIAMC, the sentiment is Negative. The current price of 809.75 is below the 20-day moving average (MA) of 858.53, below the 50-day MA of 880.53, and below the 200-day MA of 926.93, indicating a bearish trend. The MACD of -21.17 indicates Positive momentum. The RSI at 28.67 is Positive, neither overbought nor oversold. The STOCH value of 35.35 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:UTIAMC.

UTI Asset Management Co. Ltd. Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

IN:UTIAMC against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
IN:NAM.INDIA	86Outperform	INR 579.24B	35.71	―	2.44%	22.78%	20.44%
IN:HDFCAMC	80Outperform	INR 989.40B	33.23	―	2.34%	11.96%	8.24%
IN:UTIAMC	76Outperform	INR 104.07B	21.67	―	10.87%	-1.49%	-18.64%
IN:ABSLAMC	68Neutral	INR 232.93B	23.53	―	3.17%	4.05%	1.49%
IN:NUVAMA	66Neutral	INR 322.18B	29.08	―	1.60%	13.03%	3.59%
IN:360ONE	59Neutral	INR 401.12B	32.08	―	1.37%	24.87%	7.34%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%

* General Sector Average

Performance Comparison

IN:UTIAMC and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
IN:UTIAMC	UTI Asset Management Co. Ltd.	809.65	-378.97	-31.88%
IN:360ONE	360 One Wam Limited	983.35	-95.87	-8.88%
IN:ABSLAMC	Aditya Birla Sun Life Amc Limited	804.85	55.83	7.45%
IN:HDFCAMC	HDFC Asset Management Co. Ltd.	2305.80	-334.69	-12.68%
IN:NAM.INDIA	Nippon Life India Asset Management Ltd.	905.00	61.62	7.31%
IN:NUVAMA	Nuvama Wealth Management Limited	1746.10	346.09	24.72%

UTI Asset Management Co. Ltd. Corporate Events

UTI AMC Shuts Trading Window Ahead of October Board Meeting

Sep 22, 2026

UTI Asset Management Company Limited has scheduled a board meeting on 23 October 2026 to consider and approve its unaudited standalone and consolidated financial results for the quarter and half year ending 30 September 2026, along with other general...

UTI AMC Seeks Shareholder Nod via E-Voting for Independent Director Appointment

Sep 7, 2026

UTI Asset Management Company Limited has initiated a postal ballot process to seek shareholder approval for the appointment of Mr. Narayan Subramaniam Ayypankav as a Non-Executive Independent Director on its board. The company will conduct the vote e...

Glossary

BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.

Date of analysis: Oct 27, 2026

UTI Asset Management Co. Ltd. AI Stock Analysis