UTI Asset Management set for worst day since Nov 2024 on Q4 loss, 5-yr low margins

UTI Asset Management

24/04/2026 05:56

**  Shares of India's UTI Asset Management Company UTIA.NS fall as much as nearly 6% to 975.90 rupees; last down 4.9%

** Stock set for worst day since November 13, 2024

** UTI swings to loss in Q4 at 667.1 million rupees compared to a profit a year earlier

** Profit margins contract to 24% in FY26 - lowest in last five years - from 39% in FY25

** Antique downgrades stock to "hold", lowers PT to 1,065 from 1,100

** Brokerage says UTI's large proprietary investment book continues to be a source of earnings unpredictability

** Equity flows lagged industry peers in Q4, underscoring the need to sustain improvement in equity fund performance to regain market share - Antique

** UTI down 12% YTD

 (Reporting by Pranav Kashyap in Bengaluru)

 ((pranav.kashyap@tr.com))