Aditya Birla Capital Sep-24

A legal requirement for publicly listed companies in India to disclose material information related to their business and operations to investors.

A public document that provides an overview of a company's financial performance, business strategy and future prospects to investors.

A regulatory requirement that directs companies to inform the stock exchange about significant events or changes in their operations.

A code used to identify a particular company's stock on the stock exchange.

The official name of a company's stock as listed on the stock exchange.

Aditya Birla Capital is a diversified financial services company offering various financial services such as housing finance, asset management, life and health insurance, among others.

Grasim Industries is a holding company that owns a significant portion of Aditya Birla Capital and is considered a promoter.

Aditya Birla Finance is a non-bank financial company (NBFC), a subsidiary of Aditya Birla Capital, offering various financial products including loans.

Aditya Birla Housing Finance is a housing finance company providing loans for home purchases, construction, and renovation.

Aditya Birla Sun Life Insurance is a life insurance company offering various life insurance plans and products.

Aditya Birla Money is a stockbroking company facilitating the trading of stocks and securities in the market.

Aditya Birla ARC is a stressed asset platform company, focusing on acquiring and restructuring debt assets from distressed companies.

Aditya Birla Health Insurance is a stand-alone health insurance company offering different health insurance plans for individuals and families.

A digital platform that allows customers to purchase or access financial services directly from the company, without going through intermediaries.

A platform designed to cater specifically to the needs of small and medium-sized enterprises (MSMEs).

A platform that empowers channel partners, such as agents and distributors, to provide financial services to customers.

A unified approach to customer interaction, offering multiple channels like digital, virtual, and physical branches.

The ability to access and manage multiple financial accounts (bank accounts, deposits, loans, etc.) in one place.

An AI-powered feature that simulates human conversation, often used to answer customer questions.

A feature that allows users to track and categorize their spending to better understand their finances.

A unique and user-friendly design that focuses on simplicity and ease of use.

The amount of new life insurance policies sold in a given period, representing the initial premium collected.

The growth rate of individual FYP over a specified period, calculated as the average annual increase in percentage terms.

The total amount of new premiums collected from group life insurance policies in a year.

The percentage of policyholders who renew their life insurance policy after the initial term.

The profit generated from life insurance policies, adjusted for the time value of money.

The return on equity generated by a life insurance company.

The target rate of growth for Individual FYP in the future.

The minimum desired level of VNB margin for future periods.

Aditya Birla Health Insurance is a health insurance company that focuses on preventative healthcare and encouraging healthy lifestyles.

Aditya Birla Health Insurance's 'Health First' model aims to promote wellness by offering incentives for healthy behaviors and providing tools for health management.

Aditya Birla Health Insurance has achieved a 46% CAGR (Compound Annual Growth Rate) over the past two years, indicating rapid growth in the health insurance market.

Aditya Birla Health Insurance has a market share of 11.2% in the Standalone Health Insurance (SAHI) market.

Aditya Birla Health Insurance's 'Activ One' product includes 'HealthReturns', a feature that provides financial rewards for healthy habits.

Aditya Birla Health Insurance aims to achieve a combined ratio of 100% by FY26, indicating a positive financial outlook.

Aditya Birla Health Insurance has a diversified distribution network, including partnerships with 18 banks and over 120,000 agents.

Aditya Birla Health Insurance has a strong financial performance, with a 29% CAGR in consolidated revenue and a 37% CAGR in consolidated profit after tax.

A change in a company's structure to simplify operations and streamline its legal entities.

A process where one company merges with another, creating a single larger entity.

The proposed amalgamation of ABFL with ABCL aims to reduce the number of legal entities within the company.

The amalgamation aims to create a larger NBFC with greater financial strength and direct access to capital.

Potential value enhancement for stakeholders due to possible elimination of the holdco discount.

The amalgamation will result in compliance with RBI regulations requiring mandatory listing of ABFL by September 30, 2025.

ABFL's board approved the amalgamation, and both RBI and the stock exchanges have given their approval.

The proposed amalgamation will create a unified, large NBFC that will be more financially strong and have direct access to capital markets.

The amalgamation will streamline ABFL's corporate structure and result in better operational efficiencies.

The amalgamation of ABFL with ABCL aims to eliminate the discount associated with a holding company, likely leading to increased stakeholder value.