- CIN
- U65991MH2000PLC128841
- ISIN
- —
- Incorporated
- 11 Oct 2000
- Registered state
- Maharashtra
Prices shown are indicative, dealer-quoted and updated periodically — they are not exchange-traded prices and may differ from the price at which a transaction is finally executed.
Business overview
Gaurika Asset Management Limited manages equity, debt and hybrid mutual fund schemes and a portfolio management business, distributed through 92 branches and a network of 48,000 registered distributors, with quarterly average assets under management of about ₹2.9 lakh crore. Equity assets are 58% of the total, and because equity schemes carry a far higher fee than debt, the revenue mix is better than the headline asset number alone would suggest. The company is currently in the pre-IPO stage, with a listing under active consideration, and shares change hands only through negotiated off-market transfers.
Key highlights
- Equity share of assets at 58%
- Systematic investment plan book of ₹2,140 crore a month
- Operating margin of 52.3%
- Debt-free with surplus invested in own schemes
Financial snapshot
FY2026 · Audited · Source: Audited annual report
- Revenue FY2026
- ₹1,240.00 Cr
- EBITDA
- ₹648.00 Cr
- PAT
- ₹486.00 Cr
- Net worth
- ₹1,680.00 Cr
- Total debt
- ₹0.00 Cr
- Cash & equivalents
- ₹1,240.00 Cr
- Operating cash flow
- ₹542.00 Cr
- EPS
- ₹33.29
Management & board
- ARSince 2017
Aditya Rao
Managing Director & CEO
Has led Gaurika AMC since 2017 and previously held senior operating roles in the same sector.
- RKSince 2015
Rakesh Kulkarni
Chief Financial Officer
- RJSince 2017
Ritu Joshi
Executive Director — Operations
- DDSince 2009
Deepa Deshpande
Company Secretary & Compliance Officer
- PRSince 2020
Pallavi Reddy
Independent Director
Reported financials · FY2024–FY2026
Figures in ₹ crore unless stated. Every column carries its own source and audit status.
| Particulars | FY2026Audited | FY2025Audited | FY2024Audited | YoY |
|---|---|---|---|---|
| Profit & loss | ||||
| Revenue | ₹1,240 Cr | ₹1,010 Cr | ₹842 Cr | +22.8% |
| EBITDA | ₹648 Cr | ₹512 Cr | ₹398 Cr | +26.6% |
| Profit after tax | ₹486 Cr | ₹382 Cr | ₹292 Cr | +27.2% |
| Earnings per share | ₹33.29 | ₹26.16 | ₹20.00 | — |
| Balance sheet | ||||
| Net worth | ₹1,680 Cr | ₹1,420 Cr | ₹1,210 Cr | +18.3% |
| Total debt | ₹0 Cr | ₹0 Cr | ₹0 Cr | — |
| Cash & equivalents | ₹1,240 Cr | ₹1,040 Cr | ₹862 Cr | — |
| Total assets | ₹2,140 Cr | ₹1,860 Cr | ₹1,620 Cr | — |
| Book value per share | ₹115 | ₹97.26 | ₹82.88 | — |
| Cash flow | ||||
| Operating cash flow | ₹542 Cr | ₹438 Cr | ₹348 Cr | — |
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- FY2026 · Audited annual report · period ended 31 Mar 2026 · last updated in the back office 19 Sep 2026
- FY2025 · Audited annual report · period ended 31 Mar 2025
- FY2024 · Audited annual report · period ended 31 Mar 2024
Revenue, EBITDA and PAT
₹ crore. A year with no reported figure is left out rather than drawn as zero.
- Revenue
- EBITDA
- PAT
Every ratio on this tab is derived from the reported figures in the Financials tab and the indicative price in the header — nothing here is a stored value. A ratio that cannot be justified is shown as — with the reason, rather than as a negative or a zero. Ratios move when the indicative price moves.
Size
Balance-sheet items as at FY2026
- Market cap
- ₹27,156 Cr
- Enterprise value
- ₹25,916 Cr
- Indicative price
- ₹1,860
- Shares outstanding
- 14,60,00,000
Indicative price × shares outstanding
Market cap + debt − cash
Valuation multiples
- P/E
- 55.9x
- P/B
- 16.2x
- EV / EBITDA
- 40.0x
- EPS
- ₹33.29
- Book value / share
- ₹115
- Debt / equity
- 0.0x
On FY2026 PAT
Returns & margins
- ROE
- 28.9%
- ROCE (EBITDA basis)
- 38.6%
- EBITDA margin
- 52.3%
- PAT margin
- 39.2%
- Revenue growth
- 22.8%
- Cash / market cap
- 4.6%
EBITDA ÷ (net worth + debt)
Indicative price snapshots
Each point is a dated dealer-quote average. There is no continuous trading behind these numbers, so no daily series is drawn.
Prices shown are indicative, dealer-quoted and updated periodically — they are not exchange-traded prices and may differ from the price at which a transaction is finally executed.
Snapshot log
| Date | Indicative price | Change | Source |
|---|---|---|---|
| 20 Sep 2026 | ₹1,860 | +2.16% | Dealer desk average, 4 quotes |
| 20 Aug 2026 | ₹1,821 | +0.83% | Dealer desk average |
| 20 Jul 2026 | ₹1,806 | +4.57% | Dealer desk average |
| 20 Jun 2026 | ₹1,727 | +2.22% | Dealer desk average |
| 20 May 2026 | ₹1,689 | +1.11% | Dealer desk average |
| 20 Apr 2026 | ₹1,671 | +2.06% | Dealer desk average |
| 20 Mar 2026 | ₹1,637 | +5.00% | Dealer desk average |
| 20 Feb 2026 | ₹1,559 | +1.39% | Dealer desk average |
| 20 Jan 2026 | ₹1,538 | +2.52% | Dealer desk average |
| 20 Dec 2025 | ₹1,500 | -0.82% | Dealer desk average |
| 20 Nov 2025 | ₹1,512 | +1.48% | Dealer desk average |
| 20 Oct 2025 | ₹1,490 | +2.01% | Dealer desk average |
| 20 Sep 2025 | ₹1,461 | — | Dealer desk average |
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Change is measured against the previous snapshot, not against a calendar period, because snapshots are not collected on a fixed schedule. The header percentages use fixed windows and may not tie exactly to this column.
Corporate actions & events
Dated events sourced from company filings and registrar records.
- Dividend12 Jun 2026
Final dividend declared
Dividend recommended by the board, subject to shareholder approval at the AGM.
Company filing / RoC
- Rights8 May 2025
Rights issue to existing shareholders
Rights entitlement offered to shareholders on record in the stated ratio.
Company filing / RoC
- Buyback11 Oct 2024
Buyback of equity shares from employees
Liquidity window offered to option holders at a board-determined price.
Company filing / RoC
- Split10 Aug 2024
Sub-division of equity shares
Face value sub-divided to improve tradability ahead of a listing.
Company filing / RoC
IPO / listing status
- Current stage
- Pre-IPO
- DRHP filed
- —
- RHP filed
- —
- Expected window
- Not announced — under evaluation
- Registrar
- —
- Book-running managers
- —
Listing timelines are indicative and subject to regulatory approval and market conditions. A filing is not a guarantee of listing.
Lock-in applies after listing
Shares acquired before a public issue are typically subject to a statutory lock-in of six months from the date of listing. Confirm the applicable period before transacting.
Read the lock-in explainerResearch
Information currently unavailable
No research has been published on Gaurika AMC yet. Sector notes that mention it will appear here when they are.
Documents
Public documents open directly. Private documents are released to verified clients on request.
| Document | Type | FY / date | Source | Access |
|---|---|---|---|---|
| Annual Report FY20264.2 MB | Annual report | FY2026 | Company | Download |
| Annual Report FY20253.8 MB | Annual report | FY2025 | Company | Download |
| Audited financial statements — three-year summary620 KB | Financials | FY2024–FY2026 | Statutory filings | Download |
| Investor presentation9.1 MB | Presentation | 2026-07-15 | Company | On request |
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Risk assessment
Our own reading of the disclosed information. Treat the levels as judgement, not as fact.
Market linkage
HighRevenue falls directly with equity market levels.
Fee regulation
MediumExpense-ratio caps have been tightened before.
Flow reversal
MediumA sustained drawdown slows the systematic-plan book.
Risks common to every unlisted holding. You may not find a buyer when you want one, at any price. A listing may be delayed indefinitely or may never happen, and shares can list below the price at which they changed hands in the unlisted market. Disclosure by unlisted companies is thinner than by listed ones, and the indicative price is based on infrequent dealer quotes rather than continuous trading.