Aditya Birla Capital Management Guidance Tracker
12 forward-looking guidance items tracked across 3 quarters.
Margins
Management expects housing finance ROA to improve to 2-2.2% in the next 8 quarters, driven by operating leverage and scale.
Q1 FY26Life insurance net VNB margin expansion to 18%+ for FY26TrackedNet VNB margin guidance of 18%+ for FY26, up from 7.5% in Q1, driven by product mix and rider attachments.
Q3 FY26NBFC ROA expansion to ~2.5% in 4-5 quartersTrackedNBFC business aims to expand ROA to approximately 2.5% over the next four to five quarters, from current 2.25%.
Q3 FY26HFC ROA target of 2.1-2.2% to be achieved earlier than guidedTrackedHousing finance expects to reach its targeted ROA range of 2.1-2.2% ahead of the original 6-8 quarter timeline, given strong progress.
Q4 FY26NBFC ROA target of 2.5% by FY27TrackedManagement expects ROA to reach 2.5% by end of FY27, driven by margin expansion from product mix shift and stable credit costs.
Q4 FY26Housing finance ROA of 2.1-2.2% in FY27TrackedHousing finance expects ROA in the range of 2.1-2.2% for FY27, supported by operating leverage and stable credit costs.
Growth
Management targets 20-25% CAGR in individual first-year premium over the next three years, with absolute net VNB doubling.
Q3 FY26NBFC loan book to double in 3 years (~25% CAGR)ActiveManagement guided for NBFC AUM growth of 24-25% annually, aiming to double the loan book in three years.
Q3 FY26Life insurance individual FYP CAGR of 20%+ for 3 yearsTrackedLife insurance business targets 20%+ CAGR in individual first year premium over the next three years, with VNB margin expansion to 18%+.
Q4 FY26Life insurance individual FYP CAGR of 20%+ over three yearsTrackedLife insurance business targets a CAGR of over 20% in individual first year premium over the next three years.
Q4 FY26Housing finance AUM target of ₹1 lakh crore in 24-30 monthsTrackedHousing finance aims to achieve AUM of ₹1 lakh crore within the next 24 to 30 months, driven by branch expansion and digital initiatives.