Anand Rathi Wealth Ltd.
NSE: ANANDRATHI · Financial Services
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Instant answers about Anand Rathi Wealth Ltd. — computed from its filings, no language modelPrice & valuation
split & bonus adjusted · pick a metric and rangeAnnual performance
annual · ₹ crore · line = operating margin| FY22 | FY23 | FY24 | FY26 | |
|---|---|---|---|---|
| Revenue | 417 | 549 | 724 | 1,149 |
| EBITDA | 177 | 239 | 304 | 481 |
| Operating margin | 42.4% | 43.5% | 41.9% | 41.9% |
| Interest | 2 | 4 | 6 | 16 |
| Depreciation | 16 | 17 | 19 | 34 |
| Profit before tax | 168 | 228 | 306 | 536 |
| Tax | 41 | 60 | 80 | 139 |
| Net profit | 127 | 168 | 225 | 396 |
| EPS ₹ | 30.49 | 40.46 | 54.10 | 36.17 |
| Operating cash flow | 146 | 84 | 278 | 281 |
| Capex | 3 | 17 | 0 | 13 |
| Dividend paid | 28 | 46 | 50 | 108 |
| Total assets | 480 | 624 | 880 | 1,329 |
| Equity | 344 | 468 | 649 | 998 |
Quarterly performance
last 18 quarters · ₹ crore| DEC '21 | MAR '22 | SEP '22 | DEC '22 | MAR '23 | JUN '23 | SEP '23 | DEC '23 | MAR '24 | JUN '24 | SEP '24 | DEC '24 | JUN '25 | SEP '25 | DEC '25 | MAR '26 | JUN '26 | SEP '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 106 | 113 | 136 | 138 | 143 | 175 | 183 | 182 | 184 | 238 | 242 | 237 | 274 | 297 | 290 | 288 | 322 | 344 |
| Operating profit | 44 | 46 | 60 | 62 | 61 | 73 | 77 | 80 | 73 | 98 | 104 | 107 | 128 | 137 | 131 | 85 | 109 | 117 |
| Operating margin | 42.1% | 40.7% | 44.4% | 44.7% | 42.6% | 41.9% | 42.4% | 43.8% | 39.7% | 41.3% | 42.9% | 45.2% | 46.6% | 46.2% | 45.4% | 29.5% | 33.7% | 34.0% |
| Other income | 3 | 2 | 2 | 2 | 4 | 3 | 6 | 5 | 13 | 8 | 7 | 7 | 10 | 10 | 16 | 68 | 110 | 13 |
| Interest | 0 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 1 | 3 | 4 | 4 | 5 | 4 | 3 | 4 | 3 |
| Depreciation | 4 | 3 | 4 | 4 | 4 | 5 | 5 | 5 | 5 | 6 | 6 | 7 | 8 | 8 | 9 | 10 | 9 | 9 |
| Profit before tax | 43 | 44 | 58 | 58 | 59 | 71 | 78 | 78 | 79 | 99 | 102 | 104 | 126 | 134 | 135 | 140 | 206 | 117 |
| Tax | 11 | 9 | 15 | 15 | 17 | 18 | 20 | 20 | 22 | 26 | 26 | 27 | 32 | 34 | 35 | 37 | 43 | 28 |
| Net profit | 32 | 35 | 43 | 43 | 43 | 53 | 57 | 58 | 57 | 73 | 76 | 77 | 94 | 99 | 100 | 103 | 163 | 89 |
| EPS ₹ | 7.72 | 8.32 | 10.31 | 10.38 | 10.25 | 12.77 | 13.83 | 13.91 | 13.62 | 17.56 | 18.32 | 18.58 | 11.31 | 12.03 | 12.07 | 12.46 | 9.82 | 5.38 |
| Revenue YoY | — | — | — | 30.6% | 27.1% | — | 34.2% | 32.2% | 28.9% | 35.8% | 32.8% | 29.9% | 15.3% | 22.6% | 22.2% | — | 17.5% | 15.7% |
| Profit YoY | — | — | — | 34.7% | 23.2% | — | 33.9% | 33.9% | 32.8% | 38.0% | 32.4% | 33.2% | 27.8% | 30.5% | 29.6% | — | 73.8% | -10.5% |
Returns & margins
trailing-twelve-month, per quarter| JUN '23 | SEP '23 | DEC '23 | MAR '24 | JUN '24 | SEP '24 | DEC '24 | MAR '26 | JUN '26 | SEP '26 | |
|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 38.8% | 35.5% | 38.1% | 34.7% | 37.8% | 47.6% | 51.1% | 39.7% | 46.6% | 35.4% |
| ROCE | 49.6% | 48.0% | 51.6% | 47.5% | 51.8% | 65.6% | 70.6% | 54.4% | 62.2% | 47.2% |
| Net margin | 30.7% | 30.7% | 30.9% | 31.1% | 31.2% | 31.1% | 31.4% | 34.5% | 38.9% | 36.6% |
| EBITDA margin | 43.3% | 42.8% | 42.7% | 41.9% | 41.8% | 42.0% | 42.4% | 41.9% | 38.6% | 35.5% |
| Debt / equity | 0.08 | 0.02 | 0.02 | 0.01 | 0.01 | 0.01 | 0.01 | 0.02 | 0.02 | 0.01 |
| Interest coverage | 56.81 | 52.12 | 51.07 | 48.23 | 52.50 | 46.86 | 40.58 | 34.95 | 41.05 | 44.54 |
| Asset turnover | 0.95 | 0.82 | 0.88 | 0.82 | 0.89 | 1.00 | 1.06 | 0.86 | 0.90 | 0.78 |
Balance sheet
equity vs borrowings over time · ₹ crore| MAR '21‡ | MAR '22‡ | SEP '22 | MAR '23 | SEP '23 | MAR '24 | SEP '24 | SEP '25 | MAR '26 | SEP '26 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Share capital | 14 | 21 | 21 | 21 | 21 | 21 | 21 | 42 | 42 | 83 |
| Other equity / reserves | 228 | 323 | 381 | 447 | 532 | 628 | 533 | 767 | 957 | 1,200 |
| Total equity | 242 | 344 | 401 | 468 | 553 | 649 | 554 | 809 | 998 | 1,283 |
| Borrowings | 33 | 25 | 21 | 37 | 13 | 8 | 4 | 20 | 17 | 15 |
| Current liabilities | 54 | 98 | 184 | 117 | 181 | 177 | 225 | 221 | 226 | 214 |
| Non-current liabilities | 32 | 27 | 23 | 27 | 34 | 41 | 59 | 76 | 91 | 90 |
| Total assets | 340 | 480 | 620 | 624 | 780 | 880 | 850 | 1,120 | 1,329 | 1,602 |
| Property, plant & equipment | 7 | 81 | 104 | 111 | 125 | 132 | 91 | 177 | 181 | 166 |
| Capital work-in-progress | 69 | 0 | 0 | 0 | 0 | 1 | 1 | — | — | 0 |
| Investments | 104 | 104 | 118 | 106 | 107 | 112 | 113 | 227 | 265 | 358 |
| Inventories | — | — | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Receivables | 11 | 15 | 16 | 17 | 22 | 28 | 36 | 41 | 43 | 48 |
| Cash & equivalents | 65 | 87 | 199 | 60 | 175 | 33 | 119 | 92 | 241 | 294 |
Cash flow
annual · ₹ crore · line = free cash flow| FY21‡ | FY22 | FY23 | FY24 | FY26 | |
|---|---|---|---|---|---|
| Cash from operations | -18 | 146 | 84 | 278 | 281 |
| Cash from investing | 74 | -77 | -43 | -237 | 64 |
| Cash from financing | -19 | -46 | -64 | -72 | -142 |
| Capex | — | 3 | 17 | 0 | 13 |
| Free cash flow | — | 142 | 67 | 278 | 268 |
| Dividends paid | 7 | 28 | 46 | 50 | 108 |
Where the assets sit
Sep '26 · ₹ crorePeer comparison
largest in Financial Services · this company in bold| Company | Market cap ₹cr | Price | P/E | P/B | ROE |
|---|---|---|---|---|---|
| HDFC Bank Ltd. | 12,15,371 | 788.25 | 15.2 | 2.01 | 13.3% |
| ICICI Bank Ltd. | 11,28,090 | 1,571.20 | 19.1 | 2.75 | 14.4% |
| State Bank of India | 9,40,157 | 1,018.50 | 10.4 | 1.36 | 13.1% |
| Bajaj Finance Ltd. | 6,77,005 | 1,087.75 | — | — | — |
| Kotak Mahindra Bank Ltd. | 4,77,499 | 480.00 | 22.2 | 2.45 | 11.0% |
| Axis Bank Ltd. | 4,11,911 | 1,322.90 | 13.8 | 1.79 | 13.0% |
| Shriram Finance Ltd. | 2,26,163 | 961.15 | — | — | — |
| BSE Ltd. | 1,55,002 | 3,800.00 | 50.3 | 19.49 | 38.8% |
| Cholamandalam Investment and Finance Company Ltd. | 1,53,126 | 1,785.00 | — | — | — |
| Jio Financial Services Ltd. | 1,52,665 | 231.20 | — | — | — |
| Anand Rathi Wealth Ltd. | 39,410 | 2,373.50 | 86.7 | 30.71 | 35.4% |
StoxGud checklist: Bullish setup · 8/10
- Price above 50-day average
- Price above 200-day average
- 50-day average above 200-day (uptrend)
- RSI in healthy 40–70 zone
- Positive 1-year return
- Return on equity above 15%
- Debt to equity below 1
- Revenue growing year on year
- Net profit margin above 10%
- P/E below industry median
A rules-based screen of trend, momentum, quality and valuation. Educational only — not a buy or sell recommendation.
Returns & technicals
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FAQs
What is the share price of Anand Rathi Wealth Ltd.?
Anand Rathi Wealth Ltd. (ANANDRATHI) closed at ₹2,373.50 on NSE on 06 Nov 2026.
What is the market cap of Anand Rathi Wealth Ltd.?
₹39,410 crore at the latest close.
What is the P/E ratio of Anand Rathi Wealth Ltd.?
86.7, on trailing-twelve-month earnings from its filings.
How fast is Anand Rathi Wealth Ltd. growing?
Anand Rathi Wealth Ltd.: revenue has compounded at 40.1% a year over three years; net profit at 46.2% a year. Latest-quarter revenue is up 15.7% year on year, profit down 10.5%.
How profitable is Anand Rathi Wealth Ltd.?
On a trailing-twelve-month basis return on equity is 35.4%, return on capital employed 47.2%, operating margin 35.5%, net margin 36.6%.
How much debt does Anand Rathi Wealth Ltd. have?
Anand Rathi Wealth Ltd. is debt-free: debt to equity is 0.01 with borrowings of ₹15 cr against cash of ₹294 cr (balance sheet of 2026-09-30). Operating profit covers interest 44.5 times.
Financials parsed from Anand Rathi Wealth Ltd.'s own XBRL filings to NSE (consolidated), ₹ crore unless marked. Quarterly from DEC '21, annual from FY22, balance sheet from Mar '21. * = derived (full year or half year minus earlier quarters). ‡ = balance sheet / cash flow read from the company's published annual report (same basis), for years before the NSE filings carry them; each one checked to add up. Information only, not investment advice.