ALFA Finder
| Market Cap | ₹12,608.87 CrMid-range Performer |
|---|---|
| P/E TTM | 20.94Sector PE 21.16 |
| RSI | 57.66Neutral Zone |
| Promoter Holding | 31.54%10.18% Pledged |
| Metric | Q2-27 | Q1-27 | Q2-26 |
|---|---|---|---|
| Revenue from Operations | 2,199 | 2,328 | 1,857 |
| Other Income | 403 | 90.3 | 42.9 |
| Total Income | 2,602 | 2,419 | 1,900 |
| Profit Before Tax | 241 | 123 | -46.3 |
| Net Profit | 207 | 134 | 175 |
| Operating Margin | 9.3% | 5.1% | -2.4% |
| Net Profit QoQ | +54.2% | ||
| Net Profit YoY | +18.2% | ||
Key highlights
- Net profit grew 18.2% year-on-year to ₹207 crore from ₹175 crore in Q2-26
- Total income increased to ₹2,602 crore, aided by ₹403 crore in other income
- Operating margin expanded to 9.3% from -2.4% in the same period last year
- Alternative Asset Management fee-paying AUM reached ₹49,164 crore, up 28% YoY
- General Insurance business Zuno turned profitable during the quarter with a ₹5 crore profit
- Strategic sale of Nido Home Finance to Carlyle completed on September 25, 2026
- Consolidated net debt declined by 26% year-on-year to ₹8,435 crore
Strategic Divestment and Income Growth
Edelweiss Financial Services recorded a total income of ₹2,602 crore in Q2 FY27, marking a significant rise from ₹1,900 crore in the corresponding quarter of the previous year. A key contributor to this performance was the ₹403 crore in other income, which includes gains from the strategic sale of Nido Home Finance Limited to Carlyle. The transaction, completed on September 25, 2026, resulted in a pre-tax gain of ₹453 crore and a post-tax gain of ₹386 crore.
This divestment aligns with the group's objective to sharpen its focus on capital-light asset management and insurance businesses while strengthening the balance sheet through debt reduction.
Operational Performance Across Segments
- Mutual Fund equity AUM grew 40% YoY to ₹1,07,600 crore with a monthly SIP book of ₹618 crore
- Asset Reconstruction business recovered ₹1,387 crore in the quarter, reflecting strong cash flow generation
- MSME loan disbursals tripled YoY to ₹560 crore as the NBFC segment calibrated its scale-up
- Life Insurance AUM increased by 13% YoY to ₹11,067 crore with ₹558 crore in gross premium
- Independent operating businesses maintained capital adequacy of over 23% across credit entities
- Wholesale security receipts (SR) wound down to zero from ₹18,000 crore in March 2019
Chairman on Resilient Domestic Demand
India’s growth has remained resilient despite a challenging global environment. While geopolitical tensions and macroeconomic uncertainties continue to weigh on the global outlook, sustained public investment and healthy domestic demand continue to support the Indian economy. Rural demand remains resilient, while urban consumption is showing signs of gradual recovery.
Consolidated Financial Health
The company's profitability saw a sharp recovery as it moved from a loss before tax of ₹46.3 crore in Q2-26 to a profit before tax of ₹241 crore in the current quarter. Net profit for Q2-27 stood at ₹207 crore, representing a sequential growth of 54.2% over Q1-27. This growth was accompanied by a resilient balance sheet, as corporate net debt declined 18% YoY to ₹5,415 crore.
The successful initial public offering of its subsidiary, Edelweiss Alternatives, which raised ₹1,200 crore and listed on November 2, 2026, further bolstered the group's capital position subsequent to the reporting period.
| Date | Announcement | Amount |
|---|---|---|
| 06 Aug 2026 | Q1 FY27 Consolidated Net ProfitSource: business-standard.com | ₹134.37 Cr |
| 30 Apr 2026 | Q4 FY26 Consolidated Net ProfitSource: kotakneo.com | ₹131.96 Cr |
| 10 Feb 2026 | Q3 FY26 Consolidated Net ProfitSource: hdfcsec.com | ₹263.85 Cr |
| 11 Nov 2025 | Q2 FY26 Consolidated Net ProfitSource: kotakneo.com | ₹175.45 Cr |
| 07 Aug 2025 | Q1 FY26 Consolidated Net ProfitSource: perivis.com | ₹102.69 Cr |
| 14 May 2025 | Q4 FY25 Consolidated Net ProfitSource: kotakneo.com | ₹158.32 Cr |
What to watch next
- Full financial impact of the Edelweiss Alternatives listing to reflect in Q3 FY27 results
- Sustainability of profitability in General Insurance business Zuno following its quarterly turnaround
- Next quarterly earnings announcement expected in February 2027
- Progress on the scaling of profitability in Asset Management businesses targeted for FY27
“Our Asset Management businesses continued to scale strongly, while our Credit businesses witnessed a calibrated scale-up, with MSME disbursements growing threefold YoY in six months ended September.”
| Share price | ₹133.21 |
|---|---|
| Market capitalisation | ₹12,608.87 Cr |
| Revenue (annual) | ₹10,416.95 Cr |
| Net profit (annual) | ₹546.63 Cr |
| Revenue (latest quarter) | ₹2,328.50 Cr+21.40% vs previous quarter |
| Net profit (latest quarter) | ₹122.22 Cr+39.52% vs previous quarter |
| P/E (TTM) | 20.94×Sector 21.16× |
| Promoter holding | 31.54%-0.72% QoQ |
| FII holding | 18.74%Current quarter |
Reference market data from a third-party provider, as of the story. Not a valuation or a recommendation.
Exchange filing by Edelweiss Financial Services Limited announcing the unaudited financial results for the quarter and half-year ended September 30, 2026. Market figures from a third-party data provider.
