ANANDRATHIFinancial Services

Anand Rathi Wealth Limited

Financial Products Distributor · ISIN INE463V01026 · BSE 543415 · NSE EQ · FV ₹5
Last price
₹2,207
+0.05%today
What this company does

Anand Rathi Wealth Limited operates in Financial Products Distributor, part of the Financial Services sector. It booked ₹322 cr of revenue in its latest quarter (Q1 FY27) and kept 50.5% of sales as profit.

approvals to establish a presence in Bahrain and to commence operations in GIFT City, India. Anand Rathi Wealth Limited (ARWL) operates with a clear strategic focus as a pure-play wealth solutions firm.
In the report:
70out of 100
Equitytale Health Score
Solid

Healthier than 70% of companies in Financial Services, on the 5 of 6 measures we could read for it. Each measure is ranked against the 26–250 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
56

At close. Not part of the score.

Profitability & returns95

How much profit it earns on the money it employs

Cash quality80

Whether reported profit actually arrives as cash

Growth & consistency84

Whether sales and profit have grown, and how steadily

Valuation6

What today's price implies, against our models or its peers

Governance & risk70

How much of the promoters' stake is pledged, and how much they hold

Not measurable for this company: balance sheet. Those pillars are left out of the score rather than counted as zero.

Is this company doing well?
not investment advice
Strengths
Makes a profit
Strong 51% net margin
Sales up 18% vs last year
Profit up 74% vs last year
Promoters hold 41%
Strong 65% return on equity
Virtually debt-free
Turns profit into real cash
Watch-outs
! 13.8% of promoter stake pledged

What if I invest in ANANDRATHI?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 10% a year, it would become
₹20.15 lakh

The starting rate is a round number, not a view on this company — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹2,207 +0.05%
latest close · 2026-09-17
52-wk low ₹136178 sessions so far52-wk high ₹2,255
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio56.2High
LowAverageHigh
P/B ratio36.72High
Below bookModerateHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity65.2%Strong
WeakFairStrong ▸15%
Return on capital76.1%Strong
WeakFairStrong
Net margin50.5%Strong
ThinDecentStrong
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.02Comfortable
LowModerateHigh ▸1
Current ratio3.83Ample
Tight ◂1HealthyAmple
More figures
Market cap
₹36,652 cr
Book value
₹60
EPS
₹9.82
latest quarter
Net debt
Enterprise value
EBITDA
EBIT
Operating margin
Return on assets
49.0%
Earnings yield
1.78%
P/S
28.46
Sales / share
₹77.6
Tax rate
20.9%
Face value
₹5
Shares
16.6 cr
Working capital
₹640 cr
Current assets
₹866 cr
Current liabilities
₹226 cr
Delivery %
54.2%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.

Worth vs price · from the FY 2026 report & filings
not investment advice
Hard to value confidentlyLow confidence
The market price is far above what these earnings- and book-based models support — a fast-growing or asset-light business can trade well above them for years, so we won't put a confident number on how overpriced it is.
Models span ₹113₹268, midpoint ₹135

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Revenue from Operations₹322 cr
Other Income₹110 cr
Total Income₹432 cr
Cost of Materials₹0 cr
Purchases of Stock-in-Trade₹0 cr
Employee Benefit Expense₹176 cr
Finance Costs₹4 cr
Depreciation & Amortisation₹9 cr
Other Expenses₹37 cr
Total Expenses₹226 cr
Profit before Tax₹206 cr
Tax Expense₹43 cr
Net Profit₹163 cr
Net margin on total income37.7%
Where the money goes · Q1 FY27
% of total income
Employee benefit expense₹176 cr40.8%
Finance costs₹4 cr0.8%
Depreciation & amortisation₹9 cr2.1%
Other expenses₹37 cr8.6%
Tax expense₹43 cr10.0%
Profit for the period₹163 cr37.7%
Total income ₹432 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue290 cr288 cr322 cr
Total income306 cr356 cr432 cr
Expenses170 cr216 cr226 cr
Profit before tax135 cr140 cr206 cr
Tax35 cr37 cr43 cr
Net profit (owners' share)100 cr103 cr163 cr
Net margin (owners' share, on revenue)34.5%35.8%50.5%
EPS (₹)12.0612.469.82
YoY (latest quarter): total income +52.1% · net profit +73.8%
Balance sheet & cash flow · as of Mar 2026
Debt-free
Total assets
₹1,329 cr
Shareholder equity
₹998 cr
parent shareholders
Total debt
₹17 cr
Cash
₹241 cr
Cash flow · H1 FY26
Operating
₹114 cr
Investing
₹9 cr
Financing
₹-75 cr
Peer comparison
Financial Services · by market value (sector-level match)
CompanyPriceMarket capP/E
HDFC Bank Limited₹713₹10.98 L cr14.3
ICICI Bank Limited₹1,348₹9.67 L cr15.6
State Bank of India₹989₹9.13 L cr9.5
Bajaj Finance Limited₹1,015₹6.31 L cr26.4
Bajaj Finserv Limited₹1,859₹5.97 L cr23.7
Kotak Mahindra Bank Limited₹417₹4.14 L cr18.9
Axis Bank Limited₹1,240₹3.86 L cr12.6
Shriram Finance Limited₹995₹2.34 L cr16.7
ICICI Prudential Asset Management Company Limited₹3,098₹1.53 L cr39.7
Same sector · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
0.59%
trailing 12 months
Dividend / share (TTM)
₹13
Last dividend
₹7
ex 15 May 2026
ActionDetailEx-date
Bonus issue1:13 Jun 2026
Dividend₹7 / share15 May 2026
Dividend₹6 / share17 Oct 2025
Dividend₹7 / share9 May 2025
Bonus issue1:15 Mar 2025
Dividend₹7 / share18 Oct 2024
Who owns it · 2026-06-30
13.8% pledged
Promoter
41.4%
FII / Foreign
6.4%
DII / Domestic
10.4%
Retail / others
41.9%
Promoter stake down 6.7% over the last 12 quarters.
Smart-money activity
Insider trades
SoldArjun Guha Thakurta · -27,900 · ₹1.6 cr11 Mar 22
SoldArjun Guha Thakurta · -816 · ₹4.8 L11 Mar 22
BoughtRajan Sarkar · -1,020 · ₹5.8 L10 Mar 22
Bulk / block deals
short · NSE233 Sep 26
short · NSE520 Aug 26
SoldNAVRATAN MAL GUPTA (HUF) · NSE2.55 L @ ₹1,9756 Aug 26
Stake changes
SoldNavrantan Mal Gupta HUF · promoter→ 1.25% · 2.55 L6 Aug 26
SoldAnand Rathi · promoter→ 9.79% · 2.97 L6 Aug 26
SoldJaipur Securities Pvt ltd · promoter→ 1.39% · 1.45 L6 Aug 26
Promoter pledges
ReleasedSuresh Rathi Securities ltd11.90 L · 5.33% held8 Jun 26
PledgedYes Bank Limited4.85 L · 4.07% held29 May 26
PledgedYes Bank Ltd4.85 L · 4.74% held29 May 26
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Postal ballot · 15 Feb 2026
See the official result
1
Approval for Re-appointment of Mr. Rakesh Rawal (DIN:02839168) as the Whole-time Director and CEO of the Company and payment of remuneration
Backed by 80% of shareholders other than promotersneeded 75%
1.71 cr votes for, 41.70 L against · 34% of mutual funds and other big investors said no
2
Approval for Appointment of Mr. Debasish Panda (DIN : 06479085) as a Non-Executive Independent Director of the Company
Backed by 100% of shareholders other than promotersneeded 75%
2.36 cr votes for, 403 against · 0% of mutual funds and other big investors said no
3
Approval for Appointment of Mr. Adesh Kumar Gupta (DIN: 00020403) as a Non-Executive Independent Director of the Company
Backed by 96% of shareholders other than promotersneeded 75%
2.27 cr votes for, 8.75 L against · 7% of mutual funds and other big investors said no
4
Approval for Appointment of Ms. Deena Asit Mehta (DIN: 00168992) as a Non- Executive Independent Director of the Company
Backed by 94% of shareholders other than promotersneeded 75%
2.21 cr votes for, 14.96 L against · 12% of mutual funds and other big investors said no

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 66 named members
owning 41.4% between them · as of 2026-06-30
Anand Rathi Financial Services Limited18.17%
Anand Rathi9.97%
Pradeep Kumar Gupta4.43%
Priti Pradeep Gupta2.66%
Pradeep Kumar Gupta HUF1.79%
Jaipur Securities Private Limited1.48%
Navratan Mal Gupta HUF1.41%
Twelfth Tier Property Limited0.43%

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.