UTI Asset Administration Firm Ltd., integrated within the yr 2002, is a Small Cap firm (having a market cap of Rs 8329.89 Crore) working in Monetary Providers sector.
UTI Asset Administration Firm Ltd. key Merchandise/Income Segments embrace Sale of companies, Earnings From Sale Of Share & Securities, Lease Leases, Curiosity and Dividend for the yr ending 31-Mar-2022.
Financials
For the quarter ended 30-06-2022, the corporate reported a Consolidated Complete Earnings of Rs 305.99 Crore, up .33 % from final quarter Complete Earnings of Rs 304.98 Crore and down -12.60 % from final yr identical quarter Complete Earnings of Rs 350.11 Crore. Firm reported internet revenue after tax of Rs 94.40 Crore in newest quarter.
Funding Rationale
Given its engaging valuation, the brokerage maintains BUY with a decreased TP of INR890 (it ascribes a decrease a number of at 19x Mar-24E NOPLAT + Mar-23E money and investments, following a derating in AMC sector attributable to tender earnings development outlook, even because it rolls ahead earnings).
Promoter/FII Holdings
Promoters held 0 per cent stake within the firm as of 30-Jun-2022, whereas FIIs owned 39.5 per cent, DIIs 49.94 per cent.
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