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Established in 1992, SBI Funds Management Ltd is India’s largest asset management company. A prominent joint venture between the State Bank of India and global asset manager Amundi, the firm manages the widely recognized SBI Mutual Fund. Serving over 16 million individual and institutional investors, the company oversees a significant share of the country’s total mutual fund assets, solidifying its position as a dominant leader in the financial sector.
The company offers a diverse range of investment solutions, including equity, debt, and exchange-traded funds (ETFs). Beyond its extensive domestic presence, SBI Funds Management has a well-established global footprint. It handles international investment mandates for institutional clients across Asia and provides advisory services for emerging market funds distributed throughout Europe, the Middle East, and South America.
For the year/period ended (Rs. in Cr.)
| FY26 | FY25 | FY24 | |
|---|---|---|---|
| Total Revenue | 4976.11 | 4236.15 | 3426.08 |
| Profit After Tax | 3067.38 | 2540.15 | 2072.79 |
| EPS | 15.08 | 12.53 | 10.29 |
| EBITDA Margin (%) | 81.56 | 80.56 | 79.36 |
| PAT Margin (%) | 61.64 | 59.96 | 60.50 |
For year/ period ended ( in Cr.)
| Company Name | Market Cap (Cr.) | Price | P/BV | P/E | Sales (Cr.) FY26 |
Net Profits(Cr.) FY26 |
|---|---|---|---|---|---|---|
| SBI Funds Management Limited | 116913.90* | 574 | 19.60 | 38.12 | 4976.11 | 3067.38 |
| ICICI Prudential Asset Management Company Limited | 157515 | 3187 | 37.8 | 47.8 | 5999 | 3298 |
| HDFC Asset Management Company Limited | 115569 | 2696 | 12.5 | 40.4 | 4611 | 2859 |
| Nippon Life India Asset Management Limited | 76623 | 1199 | 16.4 | 50.1 | 2924 | 1529 |
| Aditya Birla Sun Life Asset Management Company Limited | 32622 | 1128 | 8.05 | 33.4 | 2056 | 975 |
*Market cap @upper band
The Company SBI FUNDS MANAGEMENT LIMITED IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
At the upper band of IPO Rs. 574, the stock is valued at 38.12 P/E multiple. Hence, well-informed investors subscribe for medium to long term perspective.