| Revenue growth | Q2 total income +26% QoQ; H1 +6% YoY |
|---|---|
| Margins | Cost-to-income 29% in H1 vs 38% last year |
| Demand visibility | Pension, insurer, bank AIF access expanding; no pipeline quantified |
Growth
Q2 performance income ₹46.2 Cr (+55% QoQ), driven by Fund II carry. H1 total income up 6% YoY.
Outlook
No explicit growth guidance. Fund V (₹2,500 Cr target) and Eastgate Fund I (₹1,500 Cr) still raising. Fund IV 87% deployed.
Risks
Performance income is lumpy. Treasury income fell 33% QoQ. Q2 PAT flattered by ₹15 Cr deferred tax reversal.
Last quarter's promises, checked
Delivered
- Guided 35% profit trendline → H1 PAT +48% YoY, incl. ₹15 Cr tax reversal (= BEAT)
Partly delivered
- Guided Fund V ₹2,500 Cr raise → still raising, no close quantified (= PARTIAL)
- Guided Eastgate ₹1,500 Cr raise → still raising, no close quantified (= PARTIAL)
Missed
- Guided 23–24% total income trendline → H1 total income +6% YoY (= MISS)
Investor Presentation filed with NSE, NSE: GAJA. Summary written with AI assistance from the document.
Gaja Alternative Asset Management Ltd: key numbers
- Share price
- ₹127.53
- Market cap
- ₹1,798 Cr
- Revenue (annual)
- ₹135.5 Cr
- Net profit (annual)
- ₹79.66 Cr
- Promoter holding
- 54.23%
- FII holding
- 0.63%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Gaja Alternative Asset Management Ltd
All →Gaja Alternative Asset Management Dividend
Gaja AAM declared a first interim dividend of Rs. 0.50 per share on November 4, 2026. Record date for FY 27 dividend is November 12, 2026.
Gaja Alternative Asset Management Results Update
Gaja AMC reported Q2 FY27 total income of ₹117.3 Cr and H1 PAT of ₹91.9 Cr. Board declared ₹0.50 per share interim dividend.
Gaja Alternative Asset Management Q2 FY27 Results: Net Profit ₹64.7 Cr, Up 54.0% YoY
Gaja Alternative Asset Management Ltd reported revenue from operations of ₹38.4 Cr (-43.9% YoY) and net profit of ₹64.7 Cr (+54.0% YoY) for Q2 FY27.
- Key figure
- Net profit ₹64.7 Cr · +54.0% YoY
Gaja Alternative Asset Management Board Meeting Date
Gaja Alternative Asset Management will hold a board meeting on November 4, 2026 to consider Q2/H1 unaudited results and interim dividend. This is an advance intimation with no outcome yet.
Gaja Alternative Asset Management ED Probe / Tax Survey
Gaja Alternative Asset Management disclosed that the Punjab and Haryana High Court dismissed petitions to quash an FIR involving its MD and a fund director. The company says the order has no material financial impact.
Gaja Alternative Asset Management Other Announcement
Gaja Alternative Asset Management Ltd filed its quarterly shareholding pattern for the period ended September 30, 2026, as required under SEBI regulations.