Stock Crash: This company's shares fell sharply, marking the first time since listing that the stock has fallen so badly in a single day.:

News Topical, Digital Desk : Stock Crash: Shares of UTI Asset Management Company ( UTI AMC) Limited fell by 10% on Monday , the biggest single-day decline since the company's listing in 2020. This decline came after the company announced its second quarter ( Q2 FY26) results.

The company's revenue declined 23% quarter-over-quarter, in line with market expectations. This decline was primarily due to a sharp 91% decline in other income ( market - to -market income) .

The company's employee expenses also increased by 23%, driven by some one - off items. Consequently, the company's EBITDA margin ( earnings before interest, taxes, depreciation, and amortization ) declined by 1,980 basis points .

What did the company say ?

The company's management stated that there is uncertainty regarding employee costs in the future. However, they expect the second half of fiscal 2026 to be strong due to product launches and improved market sentiment. The company stated that other expenses are expected to grow 7% to 8% annually . The company's profit after tax ( PAT) was ₹132 crore, which was lower than estimates due to weak margins and a decline in other income .

The company's average assets under management ( AUM) increased 5% to ₹ 3.78 lakh crore in the second quarter , but its market share declined across all major categories . UTI AMC 's SIP stoppage ratio increased to 76.27% in September from 74.51% in August. Furthermore, other expenses also increased due to increased CSR spending .

Share Performance

Shares of UTI AMC fell 4.74% to an intraday low of ₹ 1,263.3 at 1:36 pm on Monday . Around 12:15 pm, the stock was trading at ₹ 1,318.5 , a decline of 5.9%. However , the stock has gained 23.3% over the past six months.