Anand Rathi Sees 24% Surge in Q1 Net Profit as AUM Surpasses ₹1 Lakh Crore!
In the latest fiscal quarter, Anand Rathi Wealth has reported a commendable 24% year-on-year increase in consolidated profit after tax, amounting to Rs 116 crore, compared to Rs 93.8 crore in the prior year. This growth is bolstered by an 18% rise in total revenue, which climbed to Rs 336 crore from Rs 284.1 crore. Profit before tax exhibited a similar upward trajectory, also increasing by 24% year-on-year to Rs 156 crore. Significantly, assets under management (AUM) have crossed the Rs 1 lakh crore threshold, achieving Rs 1,06,300 crore, a 21% increase from the previous year, reflecting robust operational performance despite prevailing market volatility.
The company’s financial results are particularly noteworthy for their exclusion of fair value gains on investments and related expenses, thereby enabling a more straightforward year-on-year comparison. When these items are considered, total revenue for the quarter adjusts to Rs 432.3 crore, with profit after tax increasing to Rs 163 crore. Furthermore, earnings per share witnessed notable growth, rising to Rs 9.8 from Rs 5.7 a year ago. This data underscores the firm’s capacity for effective financial management and strategic growth initiatives in both traditional and digital segments.
Segment analysis reveals positive trends across various sectors, with mutual fund distribution revenue climbing 16% year-on-year to Rs 132 crore. Additionally, the private wealth segment expanded its active client base by 13% year-on-year, reaching 13,941 families. Supporting this growth, the digital wealth business reported a 23% increase in AUM, now totaling Rs 2,526 crore. The company’s commitment to bolstering its team is evident as it added 35 relationship managers, raising its total headcount to 417, which will enhance client service capabilities and further drive growth.
Management maintains an optimistic outlook, attributing the sustained growth to its straightforward business model and commitment to delivering client-focused outcomes. With 24% of the full-year revenue guidance of Rs 1,415 crore already achieved in the first quarter, the firm appears on track to meet its financial targets. Anand Rathi Wealth exhibited remarkable resilience during a turbulent market landscape, firmly establishing its reputation as a reliable player in the financial sector, as evidenced by a 37% rise in shares in 2026 and a doubling of share prices within the last year.
Source: The Economic Times
(Expert Note: This report was prepared by the Wealthova team.)