Canara Robeco Asset Management Share Price Slides 10% After Weak Q2 Results

The Canara Robeco Asset Management share price came under heavy pressure in Tuesday’s session, plunging nearly 10% to ₹315.90 apiece, after the company reported a weak set of Q2 results for FY2025.

The decline came just days after the stock’s listing on October 16, a debut that had initially attracted moderate investor interest. Over the last five trading sessions, the stock has still managed to deliver returns of 2.73%, but the latest earnings release clearly dampened sentiment.

Market Performance: Cautious Sentiment in the Indian Stock Market

In a session where the Indian stock market remained largely mixed, Canara Robeco AMC’s sharp fall stood out. Investors reacted swiftly to the company’s subdued financial performance, reflecting cautious undertones across the stock market today.

The stock’s drop was led by profit booking and concern over margin contraction, as traders evaluated the latest quarterly numbers.

Canara Robeco Asset Management Q2 Results 2025: Key Highlights

The September quarter turned out to be a challenging one for the asset management firm, with several key financial metrics showing sequential declines.

Here’s a snapshot of its Q2 FY25 performance:

• Revenue: ₹107.7 crore, down 11% from the June quarter.
• EBITDA: ₹17 crore, a decline of 17% quarter-on-quarter.
• EBITDA Margin: narrowed by 440 basis points to 63%, compared to 68% in Q1.
• Net Profit: slipped 20% QoQ to ₹4,871.33 lakh, and down 2.7% YoY.
• Profit Before Tax: ₹6,605.22 lakh, down 0.3% YoY and 17.3% sequentially.
• Total Comprehensive Income: ₹4,828.46 lakh, marking a 3% YoY decline.
• Earnings Per Share (EPS): fell to ₹2.44 from ₹2.51 in the same period last year.

The sequential decline across revenue and profit parameters highlights the company’s rising cost pressures and narrowing profitability.

Company Updates and Business Developments

Despite the quarterly dip, Canara Robeco AMC continued to expand its product offerings. The company announced plans to launch two new schemes — the Canara Robeco Innovation Fund and the Canara Robeco Banking and Financial Services Fund — pending approvals from SEBI and other relevant authorities.

By the end of the September quarter, the company’s Assets Under Management (AUM) stood at ₹1.17 lakh crore. During the same period, it reported revenue of ₹121.3 crore and net profit of ₹61 crore.

Founded in 1993, Canara Robeco Asset Management traces its origins to Canara bank Mutual Fund, established in 1987. It operates as a joint venture between Canara Bank and Orix Corporation Europe N.V., a partnership that began in 2007.

This joint structure has been instrumental in shaping the AMC’s growth trajectory over the years, positioning it among the notable asset managers in India’s mutual fund landscape.

Summary:

The Canara Robeco Asset Management share price today reflects investor caution following a weak Q2 performance. While the revenue and profit margins contracted sharply, the company remains committed to broadening its product portfolio and strengthening its asset base.

For now, the market seems to be digesting the near-term pressure on earnings, even as the company continues to evolve in India’s fast-changing financial ecosystem.