Gaja Alternative Asset Management Reports Q1 FY27 Results: Total Income Grows 26% YoY
Gaja Alternative Asset Management Limited (GAAML), a listed pure-play alternatives asset manager, has announced its unaudited consolidated financial results for the quarter ended June 30, 2026. These results mark the company's first financial disclosure since listing on the NSE and BSE on August 26, 2026.The company reported robust performance in the first quarter of FY27. Total income stood at INR 51.8 Cr, marking a 26% increase year-over-year (YoY). Profit after tax (PAT) saw a substantial rise of 35% YoY, reaching INR 27.2 Cr.
Managing Director and CEO, Mr Gopal Jain, noted that the quarter represented a significant milestone in the company's transformation into a listed pure-play alternatives asset management entity. "Our financial performance reflects the strength of the underlying franchise," Mr Jain stated. "Total income for the quarter grew 26% YoY to INR 51.8 Cr and PAT grew 35% YoY to INR 27.2 Cr. Operating leverage drove our cost-to-income ratio down to 38.4% from 42.3% a year ago."
The company also reported that its net worth grew 19% YoY to INR 633.6 Cr. The Board recommended a 15% final dividend for FY 25-26, reflecting confidence in sustained cash generation. Furthermore, the company confirmed that Fund V has been cleared for launch.
Financial and Business Highlights
GAAML, which has more than two decades of experience, continues to expand its platform across the alternatives ecosystem. Key business developments include a fresh issue of INR 450 Cr of primary capital for growth and commitments of INR 2,500 Cr.The company operates as a fund manager for India-focused funds (Category II AIFs) and serves as an adviser to offshore funds that invest in innovation-led, high-growth, mid-market businesses.
The financial details for the first quarter of FY27 and the preceding period are detailed below:
| Financial Metric (INR Cr) | Q1 FY 26-27 | YoY Growth |
|---|---|---|
| Total income | 51.8 | 26% |
| Profit after tax (PAT) | 27.2 | 35% |
| Cost-to-income ratio | 38.4% | (down from 42.3% a year ago) |
A comprehensive look at the financial performance across various periods is provided in the table below:
| Financial Metric | Q1 FY 26-27 | YOY | QOQ | LTM Jun 2026 | YOY | QOQ |
|---|---|---|---|---|---|---|
| Total income | 51.8 | 26% | 148% | 168.4 | 39% | 7% |
| Total expenses | 19.9 | 14% | 10% | 72.9 | 32% | 4% |
| Profit after tax (PAT) | 27.2 | 35% | 678% | 89.1 | 38% | 9% |
| EPS (INR, annualised) | 9.5 | 28% | 677% | 7.8 | 29% | 8% |
GAJA Stock Price Movement
As of 12:10 PM, shares of Gaja Alternative Asset Management Limited are shedding value in live trading, currently resting at ₹155.30, down 2.14%. The stock has seen a traded volume of 1.01 million shares.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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