1/5/2025, 5:05:03 pm

Buy UTI AMC; target of Rs 1250: Motilal Oswal

UTI AMC reported 4QFY25 operating revenue of INR3.6b, up 13% YoY but down 4% QoQ. FY25 revenue grew 22% YoY to INR14.5b. PAT fell 44% YoY to INR1b due to lower other income and higher costs. The company expects a 16%/13%/19% CAGR in AUM/revenue/core PAT over FY25-27E. The stock is rated BUY with a target price of INR1,250.