ICICI Prudential AMC Q4 profit up 10% YoY, EBITDA surges 30% to ₹1,160 cr; board declares ₹12.4 dividend

ICICI Prudential Asset Management Company on Monday reported a rise in its March quarter earnings, with both profit and revenue growing on a year-on-year basis, while margins expanded during the period.

Q4 performance

The company reported a net profit of ₹763 crore for the fourth quarter, up 10.37% from ₹692 crore in the corresponding period last year.

Revenue for the quarter rose 19.5% year-on-year to ₹1,517 crore, compared to ₹1,269 crore a year ago. EBITDA increased 29.7% to ₹1,160 crore from ₹894.1 crore in the year-ago period.

Operating margin for the quarter stood at 76.47%, compared to 70.46% last year, reflecting higher operating leverage.

Full-year performance

For the financial year ended March 31, 2026, the company reported a profit after tax of about ₹3,298 crore, compared to ₹2,651 crore in the previous year, indicating growth of around 24%.

Total income for FY26 stood at around ₹6,000 crore, up from approximately ₹4,980 crore in FY25.

The company’s financial performance reflects its core asset management business, with no separate segmental reporting.

Dividend announcement

The board recommended a final dividend of ₹12.40 per equity share for FY26. The payout is subject to shareholder approval at the upcoming annual general meeting.

During the year, the company had also paid interim dividends in multiple tranches.

Other major developments

In September 2025, the company entered into a business transfer agreement with ICICI Venture Funds Management Company for the acquisition of investment management rights of certain alternative investment funds for a consideration of about ₹1,079 crore. The transaction has received regulatory approvals and is effective from April 1, 2026.

Separately, the board approved stock-based compensation grants, including up to 0.78 million stock options and 0.19 million stock units for employees under existing schemes. The board has also approved the appointment of Parikh & Associates as secretarial auditor for a five-year term starting FY27, subject to shareholder approval.

The company completed its initial public offering through an offer for sale in December 2025 and is listed on both the NSE and BSE. Since its IPO, the stock is up over 54%. In comparison, the benchmark Nifty 50 index has declined nearly 8% during the same period.