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HDFC Asset Management Co (BOM:541729) Gross-Profit-to-Asset % : 32.73% (As of Mar. 2024)


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What is HDFC Asset Management Co Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. HDFC Asset Management Co's annualized Gross Profit for the quarter that ended in Mar. 2024 was ₹24,722 Mil. HDFC Asset Management Co's average Total Assets over the quarter that ended in Mar. 2024 was ₹75,539 Mil. Therefore, HDFC Asset Management Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 32.73%.


HDFC Asset Management Co Gross-Profit-to-Asset % Historical Data

The historical data trend for HDFC Asset Management Co's Gross-Profit-to-Asset % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

HDFC Asset Management Co Gross-Profit-to-Asset % Chart

HDFC Asset Management Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 47.12 34.77 33.90 29.81 32.29

HDFC Asset Management Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Gross-Profit-to-Asset % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 28.67 30.64 35.02 36.91 32.73

Competitive Comparison of HDFC Asset Management Co's Gross-Profit-to-Asset %

For the Asset Management subindustry, HDFC Asset Management Co's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


HDFC Asset Management Co's Gross-Profit-to-Asset % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, HDFC Asset Management Co's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where HDFC Asset Management Co's Gross-Profit-to-Asset % falls into.



HDFC Asset Management Co Gross-Profit-to-Asset % Calculation

HDFC Asset Management Co's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Mar. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Mar. 2024 )/( (Total Assets (A: Mar. 2023 )+Total Assets (A: Mar. 2024 ))/ count )
=22748.8/( (65361.4+75538.5)/ 2 )
=22748.8/70449.95
=32.29 %

HDFC Asset Management Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=24721.6/( (0+75538.5)/ 1 )
=24721.6/75538.5
=32.73 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is four times the quarterly (Mar. 2024) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


HDFC Asset Management Co Gross-Profit-to-Asset % Related Terms

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HDFC Asset Management Co (BOM:541729) Business Description

Traded in Other Exchanges
Address
H.T. Parekh Marg, HDFC House, 2nd Floor, 165-166, Backbay Reclamation, Churchgate, Mumbai, MH, IND, 400 020
HDFC Asset Management Co Ltd is an asset management company. The company is in the business of providing asset management services to HDFC Mutual Fund and portfolio management and advisory services to clients. Geographically, it derives a majority of revenue from within India.

HDFC Asset Management Co (BOM:541729) Headlines

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