ICICI Prudential Asset Management Co. Ltd. (ICICI Pru AMC) is poised to release its financial results for the quarter ending June 30, 2026, today, July 13, 2026. Market analysts are largely optimistic, projecting a healthy increase in both the company's revenue and net profit for the first quarter of the fiscal year 2027.
Expectations for strong performance are underpinned by several factors, including steady growth in assets under management (AUM), significant treasury gains, and the company's ability to maintain resilient operating margins. Despite a potential marginal rise in operational costs, operating margins are anticipated to remain robust. Analysts predict that strong inflows into equity and exchange-traded funds (ETFs) will largely offset any weaknesses observed in debt and liquid fund segments, contributing to a broadly stable quarterly average AUM.
Analyst Forecasts for Q1 FY27
Several brokerage firms have issued their pre-earnings estimates for ICICI Pru AMC's Q1 FY27 performance:
Equirus Securities
- Revenue: Projected at Rs 1,572.3 crore, marking a 19.7 percent year-on-year (YoY) increase.
- EBITDA: Expected to reach Rs 1,159 crore, up 22.5 percent YoY.
- Net Profit: Forecasted at Rs 1,025 crore, reflecting a substantial 31 percent YoY growth.
Equirus also noted an anticipated 1 percent quarter-on-quarter (QoQ) increase in Quarterly Average AUM (QAAUM), with a slight decline in equity QAAUM market share. However, they expect strong overall flows among listed AMCs, with treasury investments contributing significantly to earnings growth.
Motilal Oswal Financial Services
- Revenue: Estimated at Rs 1,553.1 crore, an 18.3 percent YoY rise.
- EBITDA: Predicted to be Rs 1,135.9 crore, up 20 percent YoY, with EBITDA margins around 73.1 percent.
- Net Profit: Expected to be Rs 909.1 crore, indicating a 16.2 percent YoY increase.
Motilal Oswal projects QAAUM growth to remain largely flat QoQ, as equity and ETF segment expansion balances out declines in debt and liquid AUM. They foresee broadly stable yields sequentially, though EBITDA margins might slightly dip due to higher cost growth, offset by improved other income from mark-to-market (MTM) gains.
PL Capital
- Revenue: Pegged at Rs 1,395 crore, a 14.9 percent YoY increase.
- Core Income: Estimated at Rs 1,120.7 crore, up 22.4 percent YoY.
- Net Profit: Expected to be Rs 927.7 crore, a 21.7 percent YoY increase, with an operating yield of 0.38 percent.
PL Capital anticipates a 0.9 percent QoQ and 18 percent YoY increase in overall QAAUM, despite a slight fall in yields due to lower revenue yields, even with a recovery in equity markets. Operating expenses as a percentage of QAAUM are expected to remain stable.
Key Areas for Investor Focus
Investors will be closely monitoring several aspects of the management's commentary during the results announcement. These include insights into scheme performance and market share trends, the outlook for fresh inflows and AUM growth, and any comments regarding the impact of Total Expense Ratio (TER) regulations. The company's guidance for the full fiscal year 2027 will also be a critical point of interest.
ICICI Pru AMC Stock Performance
On Monday, July 13, 2026, shares of ICICI Prudential AMC traded in a narrow range between Rs 3,137 and Rs 3,167, with the company's total market capitalization hovering around Rs 1.55 lakh crore. The stock has seen a nearly 15 percent decline from its all-time high of Rs 3,609.85, recorded in May 2025. However, it still trades approximately 46 percent above its initial public offering (IPO) price of Rs 2,165 per share from December 2025.
Brokerage firms maintain positive outlooks, with Equirus holding an 'add' rating and a target price of Rs 3,640. Motilal Oswal Financial Services and PL Capital both recommend a 'buy' rating, with target prices of Rs 4,000 and Rs 3,551, respectively.