ALFA Finder| Revenue growth | 22.4% YoY growth driven by broking and non-broking segments. |
|---|---|
| Margins | EBITDA Margin improved to 39.5% from 37.2% YoY. |
| Order book | MTF book grew 54.6% YoY to ₹13,318.46 Mn. |
| Demand visibility | Strong, driven by a mature client base and Pan-India presence. |
| Management confidence | High, citing steady increase in non-broking segment shares. |
Growth
Revenue reached ₹2,461 Mn (+22.4% YoY); EBITDA grew 30.2% to ₹973 Mn; PAT (before exceptional items) surged 71.2%.
Outlook
Focus on Tier 2/3 city expansion and increasing the share of non-broking revenue via MTF and distribution products.
Risks
Potential market volatility affecting Assets under Custody (AUC) and MTF book performance; dependency on individual client investible corpuses.
Last quarter's promises, checked
Delivered
- Guided 50-50 broking/non-broking mix → delivered 51/49 (= BEAT)
- Guided zero NPA in MTF book → delivered zero NPA (= BEAT)
- Guided debt equity ratio reduction to max 1.5 → delivered 0.62 (= BEAT)
Partly delivered
- Guided 15-20% revenue growth → delivered 10.2% for FY26 (= PARTIAL)
Missed
- Guided MTF book size of ₹15,000 Mn → delivered ₹11,019 Mn (= MISS)
Earnings Call filed with BSE, NSE: ARSSBL. Summary written with AI assistance from the document.
Anand Rathi Share & Stock Brokers Ltd: key numbers
- Share price
- ₹516.50
- Market cap
- ₹3,260 Cr
- Revenue (annual)
- ₹932.2 Cr
- Net profit (annual)
- ₹129.3 Cr
- P/E (TTM)
- 22.7×Sector 20.8×
- Promoter holding
- 69.58%-0.04% QoQ
- FII holding
- 0.31%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Anand Rathi Share & Stock Brokers Ltd
All →Anand Rathi Share & Stock Brokers Annual General Meeting
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Anand Rathi Share & Stock Brokers Debt & Borrowing: ₹10 Cr
Anand Rathi Share and Stock Brokers confirmed that Commercial Paper redemption payment of Rs.10 Crore was made on 30 October 2026. The payment relates to a CP with record date 29 October 2026 under ISIN INE549H14040.
- Value
- ₹10.00 Cr
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Anand Rathi allotted 1,150 secured, unlisted NCDs worth Rs 11.50 Crore at 9% coupon via private placement. The debentures mature on 29 October 2029.
- Value
- ₹11.50 Cr
- Execution
- 3 years 1 day, from allotment on 28 October 2026 to redemption on 29 October 2029
Anand Rathi Share & Stock Brokers Earnings Call Transcript: Key Takeaways
Anand Rathi delivered record quarterly revenue and profit, driven by strong growth in MTF and distribution segments despite secondary market volatility.
- Call
- Guides 20% growth
Anand Rathi Share & Stock Brokers Employee Stock Options
Anand Rathi allotted 44,350 equity shares under its Employee Stock Option Plan 2023, realizing ₹0.022175 Crore from the exercise.
- Value
- ₹0.02 Cr
Anand Rathi Share & Stock Brokers Investor Presentation: Key Takeaways
Anand Rathi reports strong Q2 FY27 growth, with Revenue from Operations up 20.3% YoY to ₹2,732.1 Mn. Strategy focuses on high-trust mature client retention and diversifying through non-broking segments.