Anand Rathi Wealth Ltd
NSE: ANANDRATHI · Capital Markets · sector
Key numbers
Last 12 months to Sep 2026, Consolidated. "Sector median" = middle value of 11 companies in Capital Markets (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹242 cr vs borrowings ₹17 cr (FY26): cash is higher (net cash).
- 13.97% of the promoters' shares are pledged (5.7% of all shares).
- Promoter holding fell by 1.77 percentage points in a year, to 40.95% (2026-09-30).
- Operating cash flow was below net profit in 3 of the last 5 years (FY26, FY25, FY23).
- Revenue was higher than a year earlier in 4 of the last 4 quarters.
- Other income was 46% of net profit in the last 12 months.
- Dividend paid in 5 of the last 5 financial years.
- Price ₹2,230.00 on 2026-10-26: -1.7% from the 52-week high, +64.7% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Quarterly results
| ₹ cr | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 237 | 222 | 274 | 297 | 290 | 288 | 322 | 344 |
| EBITDA | 107 | 91 | 128 | 137 | 131 | 85 | 109 | 117 |
| OPM % | 45.2% | 40.9% | 46.6% | 46.2% | 45.4% | 29.5% | 33.7% | 34.0% |
| Other income | 7 | 19 | 10 | 10 | 16 | 68 | 110 | 13 |
| Net profit | 77 | 73 | 94 | 99 | 100 | 103 | 163 | 89 |
| EPS (₹) | 4.64 | 4.43 | 5.66 | 6.01 | 6.04 | 6.23 | 9.82 | 5.38 |
| Revenue YoY | +22.2% | +29.7% | +17.5% | +15.7% | ||||
| Profit YoY | +29.6% | +40.4% | +73.8% | -10.5% |
Consolidated figures where filed. Latest quarter Sep 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 417 | 549 | 724 | 939 | 1,149 | 1,243 |
| EBITDA | 177 | 239 | 304 | 400 | 481 | 442 |
| Net profit | 127 | 168 | 225 | 300 | 396 | 455 |
| EPS (₹) | 7.62 | 10.12 | 13.53 | 18.09 | 18.09 | 27.46 |
| Revenue growth | +31.4% | +32.0% | +29.7% | +22.3% | +20.7% | |
| Profit growth | +32.8% | +33.6% | +33.3% | +32.0% | +32.4% | |
| Dividend / share (₹) | 5.00 | 11.00 | 12.00 | 16.00 | 13.00 |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | +27.9% | – | +20.7% |
| Net profit | +33.0% | – | +32.4% |
| EPS | +21.4% | – | – |
| Share price | – | +45.7% (2y) | +37.9% |
Balance sheet
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Shareholders' equity | – | 468 | 649 | 674 | 998 |
| Borrowings | – | 37 | 8 | 22 | 17 |
| Cash & equivalents | – | 60 | 34 | 45 | 242 |
| Total assets | – | 624 | 880 | 961 | 1,329 |
| Fixed assets | – | 111 | 132 | 173 | 181 |
| Capital work in progress | – | 0 | 1 | 0 | – |
| Investments | – | 106 | 111 | 243 | 264 |
| Receivables | – | 17 | 28 | 35 | 43 |
| Inventory | – | 0 | 0 | 0 | 0 |
| Payables | – | 0 | 0 | 0 | 0 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash from operations | 146 | 84 | 278 | 244 | 281 |
| Cash from investing | -77 | -43 | -237 | 46 | 64 |
| Cash from financing | -46 | -64 | -72 | -279 | -142 |
| Capex | 3 | 17 | 0 | 36 | 13 |
| Free cash flow | 142 | 67 | 278 | 208 | 268 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| ROE % | – | 36.0% | 34.7% | 44.5% | 39.7% |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 40.95% |
| FIIs | 6.64% |
| DIIs | 10.25% |
| of which Mutual funds | 9.27% |
| of which Insurance | 0.76% |
| Public (non-institutions) | 42.16% |
| Quarter | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 47.29% | 42.72% | 42.72% | 43.11% | 43.11% | 41.37% | 41.37% | 40.95% |
| Promoter group | % |
|---|---|
| Anand Rathi Financial Services Limited | 18.17% |
| Anand Rathi | 9.79% |
| Pradeep Kumar Gupta | 4.43% |
| Priti Pradeep Gupta | 2.66% |
| Pradeep Kumar Gupta HUF | 1.79% |
| Jaipur Securities Private Limited | 1.39% |
| Navratan Mal Gupta HUF | 1.25% |
| Twelfth Tier Property Limited | 0.43% |
| Anand Rathi IT Private Limited | 0.36% |
| Anand Rathi Insurance Brokers Limited | 0.25% |
| Aqua Proof Wall Plast Private Limited | 0.15% |
| Pooja Maru | 0.14% |
| Amit Capital And Securities Private Limited | 0.06% |
| Tara Mantri | 0.03% |
| Krishnav Pradeep Gupta | 0.02% |
| Public holders above 1% | % |
|---|---|
| Quant Mutual Fund - Quant Small Cap Fund | 2.86% |
| Azeez Family Trust | 2.59% |
| Sbi Small Cap Fund | 2.57% |
| Echjay Industries Private Limited | 1.00% |
91,530 shareholders. Pledged: 13.97% of promoter shares.
Peers in Capital Markets
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| MCX | ₹79,351 cr | 65.0x | 27.9x | 65.2% | – | 72.1% | +72.4% | 0.19% |
| ANANDRATHI | ₹37,027 cr | 81.2x | 28.9x | 43.5% | – | 35.5% | +27.9% | 0.30% |
| CAMS | ₹16,419 cr | 33.1x | 12.4x | 40.6% | – | 45.8% | +16.0% | 1.85% |
| KFINTECH | ₹14,327 cr | 41.8x | 8.6x | 22.2% | – | 38.0% | +21.8% | 0.90% |
| NSDL | ₹13,996 cr | 36.0x | 5.9x | 16.4% | 22.1% | 25.2% | – | 0.28% |
| PRUDENT | ₹11,511 cr | 48.7x | 15.7x | 37.5% | – | – | +34.5% | 0.09% |
| IEX | ₹9,221 cr | 18.2x | 6.8x | 40.5% | – | 84.8% | +15.4% | 2.89% |
| CARERATING | ₹4,750 cr | 26.7x | 5.1x | 20.4% | 26.3% | 41.6% | +19.2% | 1.22% |
| ICRA | ₹4,336 cr | 22.1x | 3.7x | 17.5% | 23.0% | 35.7% | +14.1% | 1.36% |
| SODHACAP | ₹52 cr | 19.6x | 5.2x | 23.6% | 31.8% | 68.0% | – | – |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2026-10-15 | Dividend | Interim Dividend - Rs 4 Per Share |
| 2026-06-03 | Bonus | Bonus 1:1 |
| 2026-05-15 | Dividend | Dividend - Rs 7 Per Share |
| 2025-10-17 | Dividend | Interim Dividend - Rs 6 Per Share |
| 2025-05-09 | Dividend | Dividend - Rs 7 Per Share |
| 2025-03-05 | Bonus | Bonus 1:1 |
| 2024-10-18 | Dividend | Interim Dividend - Rs 7 Per Share |
| 2024-06-03 | Buyback | Buyback |
| 2024-06-03 | Dividend | Dividend - Rs 9 Per Share |
| 2023-10-20 | Dividend | Interim Dividend - Rs 5 Per Share |
| 2023-05-29 | Dividend | Dividend - Rs 7 Per Share |
| 2022-10-20 | Dividend | Interim Dividend - Rs 5 Per Share |
| 2022-08-02 | Dividend | Dividend - Rs 6 Per Share |
| 2022-01-19 | Dividend | Interim Dividend - Rs 5 Per Share |
Documents
- Annual report FY26
- Annual report FY25
- Annual report FY24
- Annual report FY23
- Annual report FY22
- Announcements NSE filings
- BRSR FY26
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
- Other Financial services: Sales of Structured products
- Business brokerage activities: Distributions of Mutual Funds and Other products
| Sector | Financial Services |
| Industry | Capital Markets |
| Sub-industry | Financial Products Distributor |
| Symbol | ANANDRATHI |
| BSE code | 543415 |
| ISIN | INE463V01026 |
| Face value | ₹5.0 |
| Incorporated | 1995-03-22 |
| Website | https://anandrathiwealth.in |
| Plants (India / abroad) | 0 / 0 |
From the company's filings (BRSR FY26).
Data built 2026-10-22 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.