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Earnings Call

Anand Rathi Wealth Earnings Call: Key Takeaways

Anand Rathi Wealth achieved ₹1 lakh crore AUM, exceeding FY26 guidance despite market volatility. Management remains bullish, announcing a 1:1 bonus issue and ₹7 dividend.

Why this was an Alfa AlertAchieved ₹1 lakh crore AUM and ₹386cr PAT, surpassing the guided ₹375cr PAT for FY26.
Highlights
Revenue growth22% YoY growth to ₹1,198cr for FY26.
MarginsPAT margins improved from 30.7% to 32.2% in FY26.
Demand visibilityStrong; net flows grew 7% to ₹13,457cr despite market pressures.
Management confidenceHighly confident, emphasizing consistent 20%+ PAT growth across 18 quarters.

Growth

FY26 revenue grew 22% to ₹1,198cr; PAT rose 28% to ₹386cr with consistent 20%+ quarterly growth.

Outlook

FY27 guidance: ₹1,415cr revenue, ₹460cr PAT, and ₹1.2 lakh crore AUM target.

Risks

High exposure to ESOP-related cost volatility (₹39.3cr hit) and potential SEBI TRC structure impact on mutual fund yields.

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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16:46 IST BSE
Regulatory Approval

Anand Rathi Wealth Regulatory Approval

Anand Rathi Wealth's subsidiary, ARFME, received IFSCA registration to operate as a Fund Management Entity (Non-retail) at GIFT City, enabling it to commence business activities.

16:45 IST BSE
Merger & Restructuring

Anand Rathi Wealth Merger & Restructuring Worth ₹5.49 Cr

Anand Rathi Wealth Ltd has invested ₹5.49 Crore in its wholly-owned subsidiary, Anand Rathi FME (IFSC) Pvt Ltd, through a rights issue of equity shares.

Value
₹5.49 Cr
16:16 IST BSE
Promoter Selling

Anand Rathi Wealth Promoter Selling

Promoter Anand Rathi sold 2,97,000 equity shares in an open market transaction. This reduces the promoter's holding from 9.97% to 9.79%.

16:49 IST NSE
Share Pledge

Anand Rathi Wealth Share Pledge

Anand Rathi IT Private Limited has disclosed the invocation of pledge on 3 equity shares of Anand Rathi Wealth Limited.

11:08 IST BSE
Regulatory Approval

Anand Rathi Wealth Regulatory Approval

Anand Rathi Wealth's subsidiary received in-principle IFSCA approval for Fund Management Entity registration at GIFT City. Operations commencement remains subject to final registration.

19:05 IST BSE
Results Correction

Anand Rathi Wealth Results Correction

Anand Rathi Wealth issued revised Q1 FY27 financial results to correct a typographical error in paid-up capital. The company also plans to apply for SEBI mutual fund sponsorship.