| Revenue growth | 20.3% YoY for Q2 FY27; 21.2% for H1 FY27. |
|---|---|
| Margins | EBITDA margin at 36.5% (Q2); PAT margin improved to 15.3%. |
| Order book | MTF Book at ₹14,992.9 Mn, up 38.2% YoY. |
| Demand visibility | Strong, driven by mature client base and 9.6% client growth. |
| Management confidence | High; citing sustained growth despite market backdrop. |
Growth
Q2 FY27 Revenue grew 20.3% YoY; PAT increased 50.3% YoY to ₹419.4 Mn. H1 FY27 revenue reached ₹5,193.2 Mn.
Outlook
Focus on expanding multi-engine revenue flywheel across broking and distribution. AUM reached ₹99,989.9 Mn, up 29.2% YoY.
Risks
Company notes a challenging market backdrop despite sustaining growth. EBITDA margins contracted 423 bps YoY in Q2.
Last quarter's promises, checked
Delivered
- Revenue growth 15-20% → delivered 20.3% (= BEAT)
- PAT growth 30-35% → delivered 50.3% (= BEAT)
- Distribution AUM 40% growth target → delivered 29.2% YoY (= BEAT relative to run-rate)
Partly delivered
- MTF Book target ₹1750-1800 Cr by year-end → delivered ₹1499.29 Cr (= PARTIAL/ON-TRACK)
Missed
- Debt-Equity ratio ~0.8 (aim to increase) → delivered 1.02 (= MISS versus comfort levels below 2.0)
Investor Presentation filed with NSE, NSE: ARSSBL. Summary written with AI assistance from the document.
Anand Rathi Share & Stock Brokers Ltd: key numbers
- Share price
- ₹471.50
- Market cap
- ₹2,976 Cr
- Revenue (annual)
- ₹932.2 Cr
- Net profit (annual)
- ₹129.3 Cr
- P/E (TTM)
- 20.7×Sector 19.7×
- 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
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- Value
- ₹11.50 Cr
- Execution
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- Call
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- Value
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Anand Rathi Share & Stock Brokers Results Update
Anand Rathi reported Q2 FY27 revenue of ₹273.2 Crore, a 20% YoY increase. Net profit rose 50% YoY to ₹41.9 Crore, driven by non-broking revenue growth.
- Value
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Anand Rathi Share & Stock Brokers Q2 FY27 Results: Net Profit ₹41.9 Cr, Up 50.2% YoY
Anand Rathi Share & Stock Brokers Ltd reported revenue from operations of ₹273.2 Cr (+20.2% YoY) and net profit of ₹41.9 Cr (+50.2% YoY) for Q2 FY27.
- Key figure
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Anand Rathi Share & Stock Brokers Board Meeting Date
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