NDTV Profit's special research section collates quality and in-depth equity and economy research reports from across India's top brokerages, asset managers and research agencies. These reports offer NDTV Profit's subscribers an opportunity to expand their understanding of companies, sectors and the economy.
Motilal Oswal Report
Domestic brokerage firm Motilal Oswal estimates a revenue/Ebitda/PAT compound annual growth rate of 14%/13%/15% over FY26-28 and reiterate its Buy rating with a target price of Rs 3,800, based on 47 times FY28E core earnings per share, implying a potential upside of 23% from the current levels.
According to the brokerage, ICICI Prudential AMC continues to strengthen its leadership position across active mutual funds while steadily expanding its presence in high-growth segments such as passives, SIFs, and alternatives.
Strong customer acquisition, resilient retail flows, improving product diversification, and a scalable distribution platform are expected to support sustained AUM growth and earnings visibility.
ALSO READ: Gaja Capital IPO Opens Today: 10 Key Things To Know Before You Subscribe
Continued investments in technology and AI, coupled with an expanding alternatives franchise and GIFT City initiatives, provide additional long-term growth levers beyond the core mutual fund business.
Additionally, with TER changes largely absorbed, revenue yields remaining resilient, and the operating base being predominantly fixed-cost in nature, incremental ICICI Prudential AMC AUM growth is likely to translate into healthy operating leverage and cash generation.
Click on the attachment to read the full report:
DISCLAIMER
This report is authored by an external party. NDTV Profit does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of NDTV Profit.
Users have no license to copy, modify, or distribute the content without permission of the Original Owner.
Essential Business Intelligence, Sharp Market Insights, Practical Personal Finance Advice, Daily Fuel, Gold and Silver Prices and Latest Stories — On NDTV Profit.
