HDFC Asset Management Co (NSE:HDFCAMC) ROA %: 24.93% (As of Mar. 2026) — 18% Below Median


NSE:HDFCAMC HDFC Asset Management Co Ltd NSE:HDFCAMC
99 GF Score
Price ₹2,649.70
GF Value ₹2,991.93
Valuation Modestly Undervalued
! 1 Warning Sign
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What is HDFC Asset Management Co ROA %?

HDFC Asset Management Co NSE:HDFCAMC +0.94% 99 ROA % is 24.93% as of Mar. 2026, which is 18% below its 10-year median of 30.34. GuruFocus rates NSE:HDFCAMC with a GF Score™ of 99/100 and a GF Value™ of ₹2,991.93 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 1,635 Asset Management companies, HDFC Asset Management Co ranks better than 95.41% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. HDFC Asset Management Co's annualized Net Income for the quarter that ended in Mar. 2026 was ₹24,906 Mil. HDFC Asset Management Co's average Total Assets over the quarter that ended in Mar. 2026 was ₹99,914 Mil. Therefore, HDFC Asset Management Co's annualized ROA % for the quarter that ended in Mar. 2026 was 24.93%.

The historical rank and industry rank for HDFC Asset Management Co's ROA % or its related term are showing as below:

NSE:HDFCAMC' s ROA % Range Over the Past 10 Years
Min: 22.93   Med: 30.34   Max: 35.31
Current: 31.55

During the past 13 years, HDFC Asset Management Co's highest ROA % was 35.31%. The lowest was 22.93%. And the median was 30.34%.

NSE:HDFCAMC's ROA % is ranked better than
95.41% of 1635 companies
in the Asset Management industry
Industry Median: 3.97 vs NSE:HDFCAMC: 31.55

HDFC Asset Management Co  (NSE:HDFCAMC) ROA % Explanation

ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A bank’s ROA % is typically well under 2%.

Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=24906.4/99914.4
=(Net Income / Revenue)*(Revenue / Total Assets)
=(24906.4 / 42060.4)*(42060.4 / 99914.4)
=Net Margin %*Asset Turnover
=59.22 %*0.421
=24.93 %

Note: The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data.

* 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.


Be Aware

Like ROE, ROA % is calculated with only 12 months data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).

Many analysts argue the higher return the better. Buffett states that really high ROA % may indicate vulnerability in the durability of the competitive advantage.

E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.


HDFC Asset Management Co ROA % Related Terms


HDFC Asset Management Co ROA % Historical Data

* Premium members only.

The historical data trend for HDFC Asset Management Co's ROA % 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.

HDFC Asset Management Co ROA % Chart

HDFC Asset Management Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 25.39 22.93 27.58 30.18 30.50

HDFC Asset Management Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROA % 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 29.18 34.17 34.07 36.49 24.93

NSE:HDFCAMC vs BLK, BX, KKR: ROA % Comparison

For the Asset Management subindustry, HDFC Asset Management Co's ROA %, along with its competitors' market caps and ROA % 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 ROA % vs Asset Management Industry

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

* The bar in red indicates where HDFC Asset Management Co's ROA % falls into.


NSE:HDFCAMC
99GF Score
HDFC Asset Management Co Ltd NSE:HDFCAMC
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
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HDFC Asset Management Co ROA % Calculation

HDFC Asset Management Co's annualized ROA % for the fiscal year that ended in Mar. 2026 is calculated as:

ROA %=Net Income (A: Mar. 2026 )/( (Total Assets (A: Mar. 2025 )+Total Assets (A: Mar. 2026 ))/ count )
=28580.6/( (87506.6+99914.4)/ 2 )
=28580.6/93710.5
=30.50 %

HDFC Asset Management Co's annualized ROA % for the quarter that ended in Mar. 2026 is calculated as:

ROA %=Net Income (Q: Mar. 2026 )/( (Total Assets (Q: Dec. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=24906.4/( (0+99914.4)/ 1 )
=24906.4/99914.4
=24.93 %

* 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 ROA %, the net income of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Net Income data used here is four times the quarterly (Mar. 2026) net income data. ROA % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROA % →
What does a ROA % of 24.93% mean?
HDFC Asset Management Co (NSE:HDFCAMC) has a ROA % of 24.93% as of Mar. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on HDFC Asset Management Co and its competitors. This is 18% below median its historical median of 30.34. Over the past decade, HDFC Asset Management Co's ROA % has ranged from 22.93 to 35.31. According to the industry distribution chart, HDFC Asset Management Co ranks #75 out of 1635 companies in the Asset Management industry, placing it in the top 4.6%.
Is HDFC Asset Management Co's ROA % too high?
HDFC Asset Management Co's current ROA % of 24.93% is 18% below median its 10-year median of 30.34. Over the past 10 years, this metric has ranged from a low of 22.93 to a high of 35.31. The Asset Management industry median ROA % is 3.97. HDFC Asset Management Co's value of 24.93% is 528% above this industry median. Based on the distribution chart, HDFC Asset Management Co ranks #75 out of 1635 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, HDFC Asset Management Co has a GF Score™ of 99/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does HDFC Asset Management Co's ROA % compare to BLK and BX?
According to the Asset Management industry distribution chart, HDFC Asset Management Co ranks #75 out of 1635 companies for ROA %. This places HDFC Asset Management Co in the top 5% of its industry — outperforming the majority of peers. The industry median ROA % is 3.97. HDFC Asset Management Co's value of 24.93% is 528% above this benchmark. Historically, HDFC Asset Management Co's own ROA % has ranged from 22.93 to 35.31 over the past decade. While the company's 10-year median is 30.34 vs. the industry median of 3.97, HDFC Asset Management Co has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROA % for an Asset Management company?
The median ROA % among Asset Management companies is 3.97, based on 1,635 companies in the industry. Companies in the top quartile (top 25%) have a ROA % significantly above this median, while those in the bottom quartile fall well below. However, ROA % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. HDFC Asset Management Co's current ROA % of 24.93% is 528% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROA % mean?
A high ROA % can signal that a stock is expensive relative to its fundamentals. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on HDFC Asset Management Co and its competitors. For the Asset Management industry, the median ROA % is 3.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HDFC Asset Management Co's current ROA % is 24.93%, which is 18% below median its own 10-year median of 30.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HDFC Asset Management Co stock overvalued right now?
Based on GuruFocus' analysis, HDFC Asset Management Co (NSE:HDFCAMC) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹2,991.93, compared to a current price of ₹2,649.70 — trading 11.4% below its estimated fair value. The current ROA % is 24.93%, which is 18% below median its 10-year median of 30.34 and 528% above the Asset Management industry median of 3.97. HDFC Asset Management Co's overall GF Score™ is 99/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROA % calculated?
ROA % is calculated from a company's financial statements. For HDFC Asset Management Co (NSE:HDFCAMC), the current ROA % is 24.93% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is HDFC Asset Management Co (NSE:HDFCAMC) Overvalued in 2026?

Based on GuruFocus' analysis, HDFC Asset Management Co stock appears to be undervalued. The current stock price of ₹2,649.70 is trading 11.4% below its estimated GF Value™ of ₹2,991.93. GuruFocus considers HDFC Asset Management Co to be Modestly Undervalued.

Key valuation signals for NSE:HDFCAMC:

  • ROA %: 24.93% (18% below median its 10-year median of 30.34)
  • GF Value™: ₹2,991.93 vs. price of ₹2,649.70 (11.4% below fair value)
  • GF Score™: 99/100 with 1 warning sign
  • Industry Position: 528% above the Asset Management median (#75 of 1635)

No single metric tells the full story. See the NSE:HDFCAMC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


HDFC Asset Management Co Business Description

Other Exchanges 541729:India
Address H.T. Parekh Marg, HDFC House, 2nd Floor, 165-166, Backbay Reclamation, Churchgate, Mumbai, MH, IND, 400020
HDFC Asset Management Co Ltd is an asset management company engaged in providing asset management services to HDFC Mutual Fund, Portfolio Management Services, Advisory Services, and Investment Management Services to AIFs. The Group principally generates revenue from providing asset management services to Mutual Funds, Alternative Investment Funds (AIFs), and other clients. The majority of its revenue is derived from within India.
99GF Score

Get the complete analysis for NSE:HDFCAMC

ROA % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹2,649.70
Price
₹2,991.93
GF Value