Canara Robeco Asset Management Company Ltd| Audited Financial Results for the Quarter and Year Ended March 31, 2026

⬤27th Apr 26

Summary : Canara Robeco reports strong FY26 financial performance with increased revenue, profit, AUM, and dividend, following a successful IPO.

Quarterly Report Analysis & Insights

Financial Disclosures

Employee benefits expense: ₹10,713.30 Lakhs (FY26).
Other expenses: ₹6,351.93 Lakhs (FY26).
Finance cost: ₹195.65 Lakhs (FY26).
Depreciation & amortisation expenses: ₹742.08 Lakhs (FY26).
Revenue from operations: ₹42,494.50 Lakhs (FY26).
Other Income (Net Gain On Fair Value Changes): ₹2,872.84 Lakhs (FY26).
Net cash from operating activities: ₹17,228.12 Lakhs (FY26).
Net cash used in investing activities: (₹10,844.28) Lakhs (FY26).
Net cash used in financing activities: (₹6,195.00) Lakhs (FY26).
Total Assets: ₹81,860.54 Lakhs (FY26) vs ₹67,402.88 Lakhs (FY25).
Other Equity: ₹54,640.62 Lakhs (FY26) vs ₹40,063.81 Lakhs (FY25).
Financial results are for Canara Robeco Asset Management Company Limited (standalone).

Corporate Overview

Company's registered office in Mumbai, India.
Providing asset management services to mutual funds.
Offering advisory services to clients.
Factual and compliant, reporting board meeting outcomes and financial results.
Individual investor segment: 86.08% of MAAUM.
Corporate/Institutional investor segment: 13.92% of MAAUM.
No separate reportable segments as per Ind AS 108.
Mutual Fund QAAUM: ₹1,174.83 billion (FY26).
Equity-oriented QAAUM: ₹1,069.16 billion (FY26).
Number of outstanding SIP accounts: 2.04 million (FY26).
SIP Monthly Contribution: ₹7.27 billion (FY26).
Number of distributors/distribution partners: 56,231 (FY26).
Number of branches: 29 (FY26).

Risk Factors

Potential impact from new Labour Codes.
Decreasing trend in Return on Net Worth.
Business model concentrated on asset management.
No explicit mention of competitive risks.

Key Drivers

Strong growth in Assets Under Management.
Increased dividend payout to shareholders.
Successful completion of Initial Public Offering.
Robust financial performance with rising profits.

Auditor’s Report

Unmodified opinion on the financial results.

Board Commentary

Re-appointment of Mr. Ravindran Menon as Independent Director for three years.
Recommended dividend of ₹2.50 per Equity Share for FY26.
Paid final dividend of ₹1.50 per equity share for FY25.
Paid interim dividend of ₹1.50 per equity share for FY26.
Estimated impact of new Labour Codes recognized.
Completed Initial Public Offering (IPO) during the year.
Granted 14,55,109 stock options under ESOP 2025.

Corporate Governance

Auditors adhere to Code of Ethics by ICAI.
Re-appointment of Independent Director Mr. Ravindran Menon.
Audit Committee reviewed and approved financial results.
Nomination and Remuneration Committee approved ESOP grant.

Management Discussion & Analysis

Performance Drivers

Growth in revenue from operations.
Increase in profit before and after tax.
Growth in Quarterly Average Assets Under Management (QAAUM).
Increase in SIP monthly contributions and AUM.