Please find enclosed transcript of earnings call held for audited financial results for the quarter & year ended March 31, 2026.
CRAMC · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Canara Robeco held its Q4 & Full Year 2026 earnings call. The company reported FY26 revenue of INR424.9 crores (up 17% YoY) and PAT of INR203.8 crores (up 7% YoY). Closing AUM stood at INR1.07 lakh crores with quarterly average AUM of INR1.17 lakh crores (up 14% YoY). The AMC is equity-focused with 91% equity exposure and individual investors comprising 86% of AUM. Management highlighted SIP contributions as one-third of AUM and announced plans to launch a dedicated SIP sales team across 5 locations to arrest declining SIP flows. They also confirmed a new NFO in the next 4-5 months. On the BER/TER transition, management indicated neutral to slightly positive impact (1-2 bps). Cost-to-income ratio target remains 40-50%.
The company delivered steady growth but lagged industry AUM growth (~21% YoY) due to heavy equity exposure during market correction. The focus on SIP revival and new fund launches signals growth intent, though margin expansion appears limited.