Aditya Birla Capital FY26 PAT up 21% to ₹3,797 crore

Why Aditya Birla Capital’s FY26 numbers matter

Aditya Birla Capital reported a strong set of consolidated numbers for the fiscal year ended March 31, 2026, with profit after tax (PAT) rising 21% year-on-year to ₹3,797 crore. The performance was supported by broad-based growth across lending, insurance, and asset management. Consolidated revenue for FY26 increased 14% to ₹53,871 crore, highlighting momentum across operating businesses.

For investors, the update is also notable because it combines scale-up in the lending book with steady expansion in fee-linked businesses such as mutual funds and insurance. Alongside financial performance, the company highlighted the growing role of its digital platforms in customer acquisition and MSME participation.

FY26 headline financial performance

For FY26, Aditya Birla Capital reported consolidated revenue of ₹53,871 crore and consolidated PAT of ₹3,797 crore. The company also reported a strong end to the year, with consolidated PAT in Q4 (January to March 2026) at ₹1,124 crore, up 30% versus the same quarter last year.

These figures indicate that profitability growth outpaced revenue growth in FY26. The company attributed the year’s performance to lending expansion and improved contributions from insurance and asset management, where it reported growth in premiums and AUM.

Lending book crosses ₹2 lakh crore

A key operating highlight for FY26 was the overall lending portfolio, comprising NBFC and housing finance businesses, which grew 32% year-on-year to ₹2,07,368 crore as of March 31, 2026. The company also reported that in the NBFC segment, disbursements increased 28% year-on-year to ₹24,947 crore in Q4 FY26.

The size and growth rate of the lending book are central to the company’s consolidated results because interest income and credit performance directly influence earnings. The FY26 update underscores that the company has continued to scale both origination and the outstanding portfolio into the end of the fiscal year.

Total AUM rises to ₹5,91,343 crore

Aditya Birla Capital reported that total assets under management (AUM) across mutual funds, life insurance, and health insurance increased 16% to ₹5,91,343 crore. The combined AUM trajectory is important because these businesses can diversify earnings beyond lending and reduce reliance on credit cycles.

AUM growth also tends to reflect a combination of inflows and market-linked valuation changes. While the company did not break up the FY26 AUM by vertical in the provided data, the headline number points to continued scaling across the investment and protection franchises.

Insurance momentum: health and life premium growth

In insurance, the company highlighted two key metrics. The health insurance business reported 39% growth in gross written premium (GWP), signaling strong expansion in its protection portfolio. In life insurance, individual first-year premium increased 15% to ₹4,725 crore.

These numbers indicate that the company saw traction in both health and life lines, which are often sensitive to distribution reach and persistency. The growth rates also help explain how non-lending verticals contributed to overall consolidated performance during FY26.

Housing finance profitability nearly doubles

The company said its housing finance business saw profit before tax (PBT) rise nearly two times year-on-year to ₹832 crore for FY26. This is a notable profitability indicator for a business that can be affected by interest rates, sourcing costs, and competitive intensity.

Separately, in an earlier period cited in the provided material, Aditya Birla Capital reported that Aditya Birla Housing Finance raised ₹2,750 crore from Advent International in April 2026. While this is a capital event rather than an operating metric, it adds context on how the group is funding growth.

Digital platforms: ABCD and Udyog Plus scale up

Aditya Birla Capital reported progress in customer acquisition through its digital channels. Its direct-to-consumer platform, ABCD, has acquired about 1.1 crore customers and offers a suite of over 26 financial products. The update suggests that the company is positioning ABCD as a multi-product distribution channel for its lending, insurance, and investment offerings.

On the MSME side, the Udyog Plus B2B platform reached an AUM of ₹5,814 crore, supported by 24 lakh registrations. The combination of registrations and AUM provides a snapshot of both reach and transaction depth on the platform.

Capital actions and borrowing capacity

To support business expansion, the company concluded an equity fundraise of ₹2,750 crore in Aditya Birla Housing Finance from Advent International in April 2026. The board also approved an increase in the overall borrowing limit to ₹2,00,000 crore, aimed at strengthening capital resources and long-term liquidity.

The broader context in the provided information also references FY25 borrowing approvals, where the board approved raising funds via debt securities including NCDs within an overall borrowing limit of ₹1,65,000 crore (up from ₹1,35,000 crore), subject to shareholder approval. Taken together, these updates show a continued focus on funding flexibility.

Stock and analyst snapshot (as cited)

In the market commentary included in the provided material, Aditya Birla Capital’s share price was noted as down 7.85% over the last 12 months and up 15.22% on a year-to-date basis. The relative strength index (RSI) was stated at 45.22.

The same material said all 10 analysts tracking the company had a ‘buy’ rating, with a 12-month consensus target price of ₹244, implying an upside of 19.1%.

Key reported figures at a glance

What to watch next

The FY26 update shows that Aditya Birla Capital is growing its lending book while also expanding insurance premiums and total AUM. The capital raise in Aditya Birla Housing Finance and the higher borrowing limit indicate preparations to fund continued balance sheet expansion.

The next set of disclosures investors will track include any further detail on segment profitability, asset quality trends, and how digital acquisition through ABCD translates into product conversion across lending and protection. The company’s future filings and updates to exchanges will provide the next checkpoints on execution against these growth pillars.