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ANANDRATHI

ANANDRATHI - Anand Rathi Wealth Limited Share Price

Capital Markets

2759.00+74.00(+2.76%)
Market Closed as of Aug 12, 2025, 15:30 IST

Valuation

Market Cap22.91 kCr
Price/Earnings (Trailing)71.42
Price/Sales (Trailing)22.47
EV/EBITDA48.3
Price/Free Cashflow109.97
MarketCap/EBT53
Enterprise Value22.88 kCr

Fundamentals

Revenue (TTM)1.02 kCr
Rev. Growth (Yr)15.8%
Earnings (TTM)321.26 Cr
Earnings Growth (Yr)27.9%

Profitability

Operating Margin42%
EBT Margin42%
Return on Equity46.72%
Return on Assets33.42%
Free Cashflow Yield0.91%

Price to Sales Ratio

Latest reported: 22

Revenue (Last 12 mths)

Latest reported: 1 kCr

Net Income (Last 12 mths)

Latest reported: 321 Cr

Growth & Returns

Price Change 1W4.6%
Price Change 1M24.8%
Price Change 6M52.3%
Price Change 1Y50.7%
3Y Cumulative Return101.8%

Cash Flow & Liquidity

Cash Flow from Investing (TTM)46 Cr
Cash Flow from Operations (TTM)244.05 Cr
Cash Flow from Financing (TTM)-279.1 Cr
Cash & Equivalents44.07 Cr
Free Cash Flow (TTM)208.28 Cr
Free Cash Flow/Share (TTM)25.09

Balance Sheet

Total Assets961.36 Cr
Total Liabilities273.72 Cr
Shareholder Equity687.63 Cr
Current Assets524.18 Cr
Current Liabilities195.99 Cr
Net PPE172.85 Cr
Inventory0.00
Goodwill2.49 Cr

Capital Structure & Leverage

Debt Ratio0.02
Debt/Equity0.03
Interest Coverage29.54
Interest/Cashflow Ops18.24

Dividend & Shareholder Returns

Dividend/Share (TTM)10.5
Dividend Yield0.39%
Shares Dilution (1Y)0.10%
Shares Dilution (3Y)-0.30%

Risk & Volatility

Max Drawdown0.00%
Drawdown Prob. (30d, 5Y)0.00%
Risk Level (5Y)11.6%
Pros

Balance Sheet: Strong Balance Sheet.

Growth: Awesome revenue growth! Revenue grew 24.5% over last year and 121.5% in last three years on TTM basis.

Profitability: Very strong Profitability. One year profit margin are 32%.

Buy Backs: Company has bought back it's stock in the past which is a good thing.

Momentum: Stock price has a strong positive momentum. Stock is up 24.8% in last 30 days.

Past Returns: Outperforming stock! In past three years, the stock has provided 101.8% return compared to 11.4% by NIFTY 50.

Size: Market Cap wise it is among the top 20% companies of india.

Smart Money: Smart money is taking extra interest in the stock as they increase their holdings.

Cons

Insider Trading: Significant insider selling noticed recently.

The Good, Bad and Ugly
Growth
Measures how quickly a company is expanding through metrics like revenue growth, earnings growth, and cash flow growth over time. Strong growth can indicate future potential.
Profitability
Shows how efficiently a company turns business activities into profit, using metrics like profit margins, return on equity (ROE), and return on assets (ROA).
Size
Indicates the company's market presence through metrics like market capitalization, total assets, and revenue. Size can influence stability and market influence.
Dilution Rank
Tracks how much the company's shares have increased or decreased over time. Lower dilution means existing shareholders maintain stronger ownership stakes.
Balance Sheet
Evaluates the company's financial health by analyzing assets, debts, and equity. A strong balance sheet indicates financial stability and flexibility.
Momentum
Measures the strength and speed of price movements, showing whether the stock is gaining or losing market favor over different time periods.
Technicals
Analyzes price patterns, trading volumes, and other market indicators to identify potential trading opportunities and market trends.
Smart Money
Tracks the investment activities of institutional investors, hedge funds, and other large financial players who often have deep research capabilities.
Insider Trading
Monitors buying and selling of company shares by executives, directors, and other insiders who may have unique insights into the company's prospects.

Investor Care

Dividend Yield0.39%
Dividend/Share (TTM)10.5
Shares Dilution (1Y)0.10%
Earnings/Share (TTM)38.63

Financial Health

Current Ratio2.67
Debt/Equity0.03

Technical Indicators

RSI (14d)54.58
RSI (5d)63.24
RSI (21d)71.37
MACD SignalSell
Stochastic Oscillator SignalHold
Grufity SignalBuy
RSI SignalHold
RSI5 SignalHold
RSI21 SignalSell
SMA 5 SignalBuy
SMA 10 SignalBuy
SMA 20 SignalBuy
SMA 50 SignalBuy
SMA 100 SignalBuy

Summary of Latest Earnings Report from Anand Rathi Wealth

Summary of Anand Rathi Wealth's latest earnings call, featuring management's outlook on business performance, financial results, and analyst Q&A sessions that highlight key strategic initiatives and market challenges.

Last updated:

During the Q1 FY 2026 earnings call, Anand Rathi Wealth Limited management, led by Joint CEO Feroze Azeez, provided an optimistic outlook for the company's growth. Key highlights include:

  1. Profit Growth: The company reported a 28% year-on-year increase in profits, reaching Rs.93.9 crore.

  2. Assets Under Management (AUM): Total AUM grew by 27% year-on-year to Rs.87,797 crore, positioning the firm close to its ambitious target of Rs.1 lakh crore. The equity mutual fund share increased to 54%.

  3. Record Net Mobilization: The company achieved its highest ever net mobilization at Rs.3,825 crore, showcasing significant growth in a quarter when overall mutual fund flows declined. Detailed rundown shows net inflows from:

    • Equity mutual funds: Rs.1,983 crore
    • Debt mutual funds: Rs.300 crore
    • Structured products: Rs.1,063 crore
    • Others: Rs.480 crore
  4. Client Growth: The firm added approximately 600 new client families, bringing the total to 12,330, while maintaining a low client attrition rate of 0.11%.

  5. Financial Guidance: The management confirmed they are on track with their guidance, having achieved 24% of the revenue target of Rs.1,175 crore and 25% of the PAT guidance of Rs.375 crore for the year in Q1.

  6. Operational Efficiency: The profit margin improved to 33% in Q1 FY26 compared to 29.9% in Q1 FY25, with a return on equity at an annualized 44.4%.

The management emphasized that they remain committed to their long-term growth targets and expressed confidence in the sustainable demand for their wealth management services. With the strategic approach of nurturing internal talent and focusing on client retention, the firm positions itself to meet its ambitious targets for FY2026 and beyond.

Last updated:

Here are the major questions and their detailed answers from the Q&A section of the earnings transcript for Anand Rathi Wealth Limited's Q1 FY2025-26 earnings call:

Question 1: "Can you please provide data on inflows during the quarter and mutual funds and structured products as well?"

Answer: "The net inflows for the quarter totaled Rs. 3,825 crores. Specifically, equity mutual funds brought in Rs. 1,983 crores, while debt mutual funds accounted for Rs. 300 crores. Structured products had inflows of Rs. 1,063 crores, with the remaining Rs. 480 crores classified as other items."


Question 2: "Regarding OPEX growth, has there been a change in incentive structures or cost-cutting measures leading to high divergence from revenue growth?"

Answer: "The OPEX growth aligns with historical trends. We are seeing benefits from matured RMs whose incentives haven't yet activated. The fixed costs for RMs have increased, but incentive payouts have not surged, leading to more favorable efficiency metrics despite revenue growth."


Question 3: "What is the thought process behind the flat addition of RMs over the last three quarters?"

Answer: "The RM count being flat does not mean no hiring. We prioritize internal promotions over lateral hiring, promoting mature RMs when they're ready. Currently, we are training the next 100 RMs, and we plan to promote them based on readiness rather than arbitrary timelines."


Question 4: "What is the status of the GIFT City subsidiary and the international expansion to the U.K. and Bahrain?"

Answer: "We are in the early stages of obtaining licenses. The long-term vision is to attract more NRI investments into India, leveraging the GIFT City's tax efficiencies. We've learned from our Dubai experience and plan to build our international presence carefully to capitalize on the growing interest from NRIs."


Question 5: "Can you clarify the gap between AUM growth and PAT, which is lower than expected?"

Answer: "AUM reflects market conditions at a specific point in time, like a snapshot, whereas revenue is an ongoing process. We've met about 24% of our revenue guidance. The AUM growth has been strong, but revenue growth is affected by various factors, including market fluctuations affecting overall returns."

Share Holdings

Understand Anand Rathi Wealth ownership landscape with insights into key distribution patterns, offering investors a clear view of stakeholder dynamics.

Holding Pattern

Share Holding Details

Shareholder NameHolding %
Anand Rathi Financial Services Limited19.92%
Anand Rathi9.97%
Pradeep Kumar Gupta4.43%
Amit Rathi3.09%
Priti Pradeep Gupta2.66%
Feroze Azeez - Azeez Family Trust2.53%
Feroze Azeez2.05%
Pradeep Kumar Gupta HUF1.79%
M/S Jaipur Securities Private Limited1.48%
Navratan Mal Gupta HUF1.41%
Supriya Rathi1.15%
Preeti Rawal - Suhas Gupta Family Trust1.05%
Echjay Industries Private Limited1.01%
Munix(India) Private Limited1%
Twelfth Tier Property Limited0.43%
Anand Rathi IT Private Limited0.36%
Pooja Maru0.14%
Aqua Proof Wall Plast Private Limited0.07%
Tara Mantri0.03%
Krishnav Pradeep Gupta0.02%

Overall Distribution

Distribution across major stakeholders

Ownership Distribution

Distribution across major institutional holders

Is Anand Rathi Wealth Better than it's peers?

Detailed comparison of Anand Rathi Wealth against industry peers, highlighting key financial metrics, valuation ratios, and performance indicators to provide competitive context within the sector.

Ticker
Name
Mkt Cap
Revenue
Price %, 1M
Returns, 1Y
P/E
P/S
Rev 1-Yr
Inc 1-Yr
MOTILALOFSMotilal Oswal Financial Services54.68 kCr8.8 kCr-2.40%+51.70%19.626.21--
360ONE360 ONE WAM41.09 kCr3.73 kCr-14.90%-1.80%36.911.03--
NUVAMANuvama Wealth Management24.6 kCr4.17 kCr-6.50%+11.20%24.735.9--

Sector Comparison: ANANDRATHI vs Capital Markets

Comprehensive comparison against sector averages

Comparative Metrics

ANANDRATHI metrics compared to Capital

CategoryANANDRATHICapital
PE69.5129.78
PS21.86 9.80
Growth24.5 %12.2 %
67% metrics above sector average

Performance Comparison

ANANDRATHI vs Capital (2022 - 2025)

ANANDRATHI outperforms the broader Capital sector, although its performance has declined by 3.1% from the previous year.

Key Insights
  • 1. ANANDRATHI is among the Top 10 Capital Markets companies but not in Top 5.
  • 2. The company holds a market share of 1.9% in Capital Markets.
  • 3. In last one year, the company has had an above average growth that other Capital Markets companies.

Income Statement for Anand Rathi Wealth

Consolidated figures (in Rs. Crores) /
Standalone figures (in Rs. Crores) /

Balance Sheet for Anand Rathi Wealth

Consolidated figures (in Rs. Crores) /
Standalone figures (in Rs. Crores) /

Cash Flow for Anand Rathi Wealth

Consolidated figures (in Rs. Crores) /
Standalone figures (in Rs. Crores) /

What does Anand Rathi Wealth Limited do?

Anand Rathi Wealth is a prominent Financial Products Distributor based in Mumbai, India. With a stock ticker of ANANDRATHI, the company boasts a market capitalization of Rs. 7,303.3 Crores.

The company offers a range of financial and insurance services, primarily focusing on distributing equity and debt mutual funds, non-principal protected structured products, and other financial instruments. Moreover, Anand Rathi Wealth operates a sophisticated technology platform designed for financial advisors. This platform includes features for client reporting, business dashboards, client engagement, online mutual fund transactions, and goal planning products.

Founded in 1995, Anand Rathi Wealth was originally known as Anand Rathi Wealth Services Limited before rebranding to its current name in January 2021.

In terms of financial performance, the company has recently reported trailing 12 months revenue of Rs. 936.5 Crores and a profit of Rs. 283.9 Crores over the past four quarters. Notably, Anand Rathi Wealth achieved a substantial revenue growth of 33.5% over the past year.

Anand Rathi Wealth also distributes dividends to its investors, currently yielding 0.6% annually, with a recent return of Rs. 10.5 dividend per share. The company is active in share buybacks, having repurchased 0.6% of its stock last year, which positively influences its share price.

Industry Group:Capital Markets
Employees:1,012
Website:anandrathiwealth.in