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HDFC Asset Management Valuation Multiples
Discover revenue and EBITDA valuation multiples for HDFC Asset Management and similar public comparables like Power Finance Corporation, Grupo Aval, Central Depository Services, KFin Technologies and more.
HDFC Asset Management Overview
About HDFC Asset Management
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 its revenue from within India.
Founded
1999
HQ

Employees
1.6K
Website
Sectors
Financials (LTM)
EV
$13B
HDFC Asset Management Financials
HDFC Asset Management reported last 12-month revenue of $479M and EBITDA of $379M.
In the same LTM period, HDFC Asset Management generated $479M in gross profit, $379M in EBITDA, and $318M in net income.
Revenue (LTM)
HDFC Asset Management P&L
In the most recent fiscal year, HDFC Asset Management reported revenue of $435M and EBITDA of $365M.
HDFC Asset Management expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | $479M | XXX | $435M | XXX | XXX | XXX |
| Gross Profit | $479M | XXX | $342M | XXX | XXX | XXX |
| Gross Margin | 100% | XXX | 79% | XXX | XXX | XXX |
| EBITDA | $379M | XXX | $365M | XXX | XXX | XXX |
| EBITDA Margin | 79% | XXX | 84% | XXX | XXX | XXX |
| EBIT Margin | 77% | XXX | 77% | XXX | XXX | XXX |
| Net Profit | $318M | XXX | $289M | XXX | XXX | XXX |
| Net Margin | 66% | XXX | 66% | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
HDFC Asset Management Stock Performance
HDFC Asset Management has current market cap of $13B, and enterprise value of $13B.
Market Cap Evolution
HDFC Asset Management's stock price is $30.02.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $13B | $13B | 0.4% | XXX | XXX | XXX | $0.67 |
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Start Free TrialHDFC Asset Management Valuation Multiples
HDFC Asset Management trades at 26.8x EV/Revenue multiple, and 33.9x EV/EBITDA.
EV / Revenue (LTM)
HDFC Asset Management Financial Valuation Multiples
As of March 7, 2026, HDFC Asset Management has market cap of $13B and EV of $13B.
Equity research analysts estimate HDFC Asset Management's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
HDFC Asset Management has a P/E ratio of 40.4x.
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $13B | XXX | $13B | XXX | XXX | XXX |
| EV (current) | $13B | XXX | $13B | XXX | XXX | XXX |
| EV/Revenue | 26.8x | XXX | 29.5x | XXX | XXX | XXX |
| EV/EBITDA | 33.9x | XXX | 35.2x | XXX | XXX | XXX |
| EV/EBIT | 34.7x | XXX | 38.2x | XXX | XXX | XXX |
| EV/Gross Profit | 26.8x | XXX | 37.5x | XXX | XXX | XXX |
| P/E | 40.4x | XXX | 44.6x | XXX | XXX | XXX |
| EV/FCF | 45.9x | XXX | 53.5x | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified HDFC Asset Management Valuation Multiples
Access all public comps and forward-looking valuation multiples like EV/Revenue in 2027, based on consensus analyst estimates. Powered by FactSet and Morningstar.


HDFC Asset Management Margins & Growth Rates
HDFC Asset Management's revenue in the last 12 month grew by 15%.
HDFC Asset Management's revenue per employee in the last FY averaged $0.3M, while opex per employee averaged $0.1M for the same period.
HDFC Asset Management's rule of 40 is 94% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
HDFC Asset Management's rule of X is 116% (created by Bessemer, rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).
HDFC Asset Management Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 15% | XXX | 11% | XXX | XXX | XXX |
| EBITDA Margin | 79% | XXX | 84% | XXX | XXX | XXX |
| EBITDA Growth | 15% | XXX | 4% | XXX | XXX | XXX |
| Rule of 40 | — | XXX | 94% | XXX | XXX | XXX |
| Bessemer Rule of X | — | XXX | 116% | XXX | XXX | XXX |
| Revenue per Employee | — | XXX | $0.3M | XXX | XXX | XXX |
| Opex per Employee | — | XXX | $0.1M | XXX | XXX | XXX |
| S&M Expenses to Revenue | 0% | XXX | 1% | XXX | XXX | XXX |
| G&A Expenses to Revenue | — | XXX | 1% | XXX | XXX | XXX |
| Opex to Revenue | 20% | XXX | 10% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
HDFC Asset Management Public Comps
See public comps and valuation multiples for other Other Financial Services comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| Power Finance Corporation | XXX | XXX | XXX | XXX | XXX | XXX |
| Grupo Aval | XXX | XXX | XXX | XXX | XXX | XXX |
| Central Depository Services | XXX | XXX | XXX | XXX | XXX | XXX |
| KFin Technologies | XXX | XXX | XXX | XXX | XXX | XXX |
| Choice International | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc.
HDFC Asset Management M&A Activity
HDFC Asset Management acquired XXX companies to date.
Last acquisition by HDFC Asset Management was on XXXXXXXX, XXXXX. HDFC Asset Management acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by HDFC Asset Management
| Acquired Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialHDFC Asset Management Investment Activity
HDFC Asset Management invested in XXX companies to date.
HDFC Asset Management made its latest investment on XXXXXXXX, XXXXX. HDFC Asset Management invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by HDFC Asset Management
| Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialAbout HDFC Asset Management
| When was HDFC Asset Management founded? | HDFC Asset Management was founded in 1999. |
| Where is HDFC Asset Management headquartered? | HDFC Asset Management is headquartered in India. |
| How many employees does HDFC Asset Management have? | As of today, HDFC Asset Management has over 1K employees. |
| Who is the CEO of HDFC Asset Management? | HDFC Asset Management's CEO is Navneet Munot. |
| Is HDFC Asset Management publicly listed? | Yes, HDFC Asset Management is a public company listed on National Stock Exchange of India. |
| What is the stock symbol of HDFC Asset Management? | HDFC Asset Management trades under HDFCAMC ticker. |
| When did HDFC Asset Management go public? | HDFC Asset Management went public in 2018. |
| Who are competitors of HDFC Asset Management? | HDFC Asset Management main competitors are Power Finance Corporation, Grupo Aval, Central Depository Services, KFin Technologies. |
| What is the current market cap of HDFC Asset Management? | HDFC Asset Management's current market cap is $13B. |
| What is the current revenue of HDFC Asset Management? | HDFC Asset Management's last 12 months revenue is $479M. |
| What is the current revenue growth of HDFC Asset Management? | HDFC Asset Management revenue growth (NTM/LTM) is 15%. |
| What is the current EV/Revenue multiple of HDFC Asset Management? | Current revenue multiple of HDFC Asset Management is 26.8x. |
| Is HDFC Asset Management profitable? | Yes, HDFC Asset Management is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of HDFC Asset Management? | HDFC Asset Management's last 12 months EBITDA is $379M. |
| What is HDFC Asset Management's EBITDA margin? | HDFC Asset Management's last 12 months EBITDA margin is 79%. |
| What is the current EV/EBITDA multiple of HDFC Asset Management? | Current EBITDA multiple of HDFC Asset Management is 33.9x. |
| What is the current FCF of HDFC Asset Management? | HDFC Asset Management's last 12 months FCF is $280M. |
| What is HDFC Asset Management's FCF margin? | HDFC Asset Management's last 12 months FCF margin is 59%. |
| What is the current EV/FCF multiple of HDFC Asset Management? | Current FCF multiple of HDFC Asset Management is 45.9x. |
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