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Earnings Call

Anand Rathi Wealth Earnings Call: Key Takeaways

Anand Rathi Wealth reported strong FY26 performance with Total Revenue reaching ₹1,198 Cr (+22% Y/Y) and PAT at ₹386 Cr (+28% Y/Y), driven by robust AUM growth in the Private Wealth segment.

Why this was an Alfa AlertFY26 Actuals for Revenue (₹1,198 Cr) and PAT (₹386 Cr) both exceeded the company's FY26 guidance (₹1,175 Cr and ₹375 Cr respectively).
Highlights
Revenue growth22% Y/Y in FY26; FY27 guided at ~18% growth.
MarginsPAT margin improved to 32.2% in FY26 from 30.7% in FY25.
Demand visibilityStrong; Equity MF net inflows increased 3% to ₹7,969 Cr.
Management confidenceHigh; explicitly stated outperforming previous guidance.

Growth

FY26 Revenue grew 22% to ₹1,198 Cr; PAT grew 28% to ₹386 Cr. AUM reached ₹93,037 Cr (+21% Y/Y).

Outlook

FY27 Guidance: Revenue ₹1,415 Cr, PAT ₹460 Cr, AUM ₹1,20,000 Cr. Planning 1:1 bonus share issuance in FY27.

Risks

Regret RM attrition increased to 7 in FY26 vs 2 in FY25. Market volatility impacts AUM-linked fee revenue.

Source

Earnings Call filed with BSE, NSE: ANANDRATHI. Summary written with AI assistance from the document.

Read the document ↗

Anand Rathi Wealth Ltd: key numbers

Share price
₹2,146.20
Market cap
₹35,636 Cr
Revenue (annual)
₹1,149 Cr
Net profit (annual)
₹395.9 Cr
P/E (TTM)
76.6×Sector 21.7×
Promoter holding
41.37%-1.74% QoQ
FII holding
6.37%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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