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Earnings Call

Anand Rathi Wealth Earnings Call: Key Takeaways

Anand Rathi Wealth Ltd reported strong Q1FY27 results with 24% PAT growth and 18% revenue growth. The business model focuses on intergenerational HNI wealth management with low RM attrition.

Guidance and delivery
Management target Revenue FY27
Highlights
Revenue growth18.4% Y/Y
MarginsPAT margin improved to 34.4% from 33%
Demand visibilityStrong; AUM up 21% Y/Y to ₹1.06 Lakh Cr
Management confidenceHigh; tracking toward FY27 guidance

Growth

Revenue grew 18.4% Y/Y to ₹336.4 Cr; PAT increased 23.5% Y/Y to ₹115.9 Cr.

Outlook

FY27 guidance targets ₹1,415 Cr Revenue and ₹460 Cr PAT; AUM target is ₹1,20,000 Cr.

Risks

Business is linear and dependent on Relationship Manager (RM) scaling, which takes approximately five years to mature.

Last quarter's promises, checked

Delivered

  • Guided FY26 PAT ₹375 Cr → delivered ₹386 Cr (= BEAT)
  • Guided FY26 AUM ₹1 Lakh Cr → delivered ₹1.06 Lakh Cr (= BEAT)
  • Guided 20-25% long-term PAT growth → delivered 28% (= BEAT)

Partly delivered

  • Guided FY27 PAT ₹460 Cr → tracking at ₹115.9 Cr Q1 (25% of target) (= PARTIAL)
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
₹2,126.80
Market cap
₹35,314 Cr
Revenue (annual)
₹1,149 Cr
Net profit (annual)
₹395.9 Cr
P/E (TTM)
75.9×Sector 22.0×
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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