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Informist, Tuesday, Feb. 3, 2026

 

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--Aditya Birla Cap: To maintain credit cost at 1.2-1.3% going forward 
--CONTEXT: Aditya Birla Cap mgmt's comments at post-earnings analyst concall 
--Aditya Birla Cap:Expect CCI nod to Aditya Birla Housing Fin deal in 45 days 
--CONTEXT: Advent Intl to invest INR 27.50 bln in Aditya Birla Housing Fin 
--Aditya Birla Cap: Expect completion of housing finance arm deal by Mar-end 
--Aditya Birla Cap: Expect NBFC business to grow 25% in FY27 

 

By Shweta

 

MUMBAI – Aditya Birla Capital Ltd.'s management expects the non-banking financial business to grow 25% in the next financial year starting Apr. 1. "Our guidance is similar (to that for so far this year) around 24-25%. And we have committed all we have guided....so that means 25% growth is working (for FY27)," the company's management said in a post-earnings analyst conference call.

 

The non-banking financial company has reported its assets under management at INR 1.48 trillion for the December quarter, up 24% on year and 6% on quarter.

 

Aditya Birla Capital reported its December quarter net profit at INR 9.45 billion which is up over 33% on year and nearly 11% on quarter, despite the company making provisions for the cost arising due to new labour laws that came into force last November. The company has incurred an incremental impact of INR 675.9 million for the quarter due to the implementation of the labour codes. 

 

The lending arm is expected to maintain its credit cost at 1.2-1.3% going forward. "Our credit cost has reduced by 30 basis points year-on-year to 1.23% for the quarter, which is well within the guided range of 1.2-1.3%. Going forward, we remain confident to maintain the credit cost in the same range as the company level," the management said. The average lending book of the non-banking finance arm's business was 1.36% for the year-ago quarter. 

 

Aditya Birla Capital Ltd. has approved the stake sale in its housing finance arm to Advent International for INR 27.50 billion. After the completion of this transaction, Aditya Birla Capital will hold 85.7% stake in Aditya Birla Housing Finance Ltd. while Advent International will have the remaining 14.3% stake in the company. The housing finance arm's valuation would be INR 192.5 billion.

 

On this deal, the management is expecting to receive the Competition Commission of India's approval for the company's housing finance arm stake sale in the next 45 days. "We believe that CCI will take about 45 days...to grant approval, and approval should come by end of March...At the same time, whether it comes end of March or comes in the week of April, we are sufficiently capitalised for the time being in the long-term," the management said.  End

 

Edited by Deepshikha Bhardwaj

 

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