Edelweiss Financial Services Limited has submitted its investor presentation titled “Understanding the P&L of the Company” to the stock exchanges. The presentation, provided in US Dollars, details the consolidated Profit After Tax (PAT) structure, which is broken down into Operating Business Entities and Holding Company Entities (Corporate). Key highlights include the 28% CAGR in PAT for Underlying Businesses and specific performance metrics for various asset management and credit segments up to Mar-26.
Submission of Investor Presentation to Exchanges
Edelweiss Financial Services Limited has formally filed its investor presentation, “Understanding the P&L of the Company,” dated February 10, 2026, with the BSE Limited and the National Stock Exchange of India Limited (Symbol: EDELWEISS; Scrip Code: 532922). The accompanying material provided is the US Dollar version of this analysis.
Consolidated PAT Structure Breakdown
The consolidated Profit After Tax (Consol PAT) is presented as the sum of two distinct components:
- PAT of Underlying Businesses (Operating Business Entities): These comprise seven independent operating businesses, each possessing dedicated management, independent boards, and standalone P&L statements.
- Corporate PAT (Holding Company Entities): This function focuses on corporate support activities, including capital allocation, treasury services, shared services, and incubation of new capabilities.
Performance of Underlying Businesses
The presentation highlights significant growth within the operating segments:
- PAT for Underlying Businesses has demonstrated a strong Compound Annual Growth Rate (CAGR) of 28%, projected to reach $67 Million by Mar-26 (annualized nine-month run rate), up from $25 Million in Mar-22. The expectation is for PAT to continue growing at 20%.
Key Financial Parameters Summary (Underlying Businesses)
The following tables summarize key parameters up to the annualized nine-month run rate for Mar-26 ($ Mn):
Asset Management Businesses (Total PAT)
- PAT grew from $8 Million (Mar-22) to $45 Million (Mar-26).
- ROE improved from 19.4% (Mar-22) to 26.5% (Mar-26).
Credit Businesses (Total PAT)
- PAT saw a decline, moving from $41 Million (Mar-22) to $43 Million (Mar-26).
- ROE was reported at 5.2% (Mar-22), improving to 7.0% (Mar-24) before settling at 6.2% (Mar-26).
Insurance Businesses (Total PAT)
- The total PAT for Insurance Businesses showed losses narrowing from ($35 Million) in Mar-22 to ($21 Million) in Mar-26.
Corporate Segment Drivers
The Corporate segment’s revenue is driven by episodic items such as Capital Gains and Dividends, which are inherently volatile. Cost drivers include Net Interest Expense, which is expected to reduce with declining corporate net debt, and steady Operating Expenses. The Corporate PAT is projected to range between $(11) Million and $11 Million annually.
Disclaimer Note
The information provided relies on forward-looking statements based on current expectations. The currency conversion rate used for convenience in this presentation is 1 USD equal to 89.9198 INR. The company notes that net worth figures include MI, and Mar-26 numbers are simple annualizations of the nine months ended Dec 25.
Source: BSE
