Anand Rathi Wealth Ltd
Anand Rathi Wealth Ltd was incorporated on March 22, 1995. It is an AMFI registered mutual fund distributor and is one of the leading non-bank wealth solutions firms in India, being ranked amongst the top three non-bank mutual fund distributors in the country. The company offers a wide product portfolio of wealth solutions, financial product distribution, and technology solutions to its clients.[1]
- Market Cap ₹ 17,014 Cr.
- Current Price ₹ 4,063
- High / Low ₹ 4,646 / 2,500
- Stock P/E 65.5
- Book Value ₹ 140
- Dividend Yield 0.34 %
- ROCE 48.0 %
- ROE 37.3 %
- Face Value ₹ 5.00
Pros
- Company is expected to give good quarter
- Company has delivered good profit growth of 27.7% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 37.7%
- Company has been maintaining a healthy dividend payout of 30.9%
Cons
- Stock is trading at 29.1 times its book value
- Working capital days have increased from 106 days to 192 days
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Finance Industry: Finance & Investments
Part of BSE 250 SmallCap Index Nifty 500 Multicap 50:25:25 BSE Diversified Financials Revenue Growth Index (I Nifty Smallcap 250 BSE 500
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2016 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|
1 | 214 | 275 | 327 | 260 | 408 | 538 | 720 | 815 | |
1 | 136 | 180 | 213 | 185 | 230 | 296 | 400 | 469 | |
Operating Profit | 0 | 78 | 95 | 114 | 75 | 178 | 242 | 320 | 346 |
OPM % | 26% | 36% | 35% | 35% | 29% | 44% | 45% | 44% | 42% |
0 | 6 | 6 | 1 | 2 | 1 | 0 | 0 | 30 | |
Interest | 0 | 9 | 3 | 3 | 3 | 2 | 4 | 6 | 8 |
Depreciation | 0 | 4 | 4 | 16 | 12 | 11 | 12 | 14 | 17 |
Profit before tax | 0 | 71 | 94 | 96 | 62 | 166 | 226 | 300 | 352 |
Tax % | 21% | 29% | 30% | 26% | 29% | 24% | 26% | 26% | |
0 | 50 | 65 | 71 | 44 | 125 | 168 | 221 | 260 | |
EPS in Rs | 8.22 | 37.45 | 24.22 | 26.37 | 16.07 | 30.14 | 40.34 | 52.94 | 62.10 |
Dividend Payout % | 0% | 0% | 0% | 0% | 31% | 36% | 30% | 26% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 21% |
3 Years: | 40% |
TTM: | 33% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 28% |
3 Years: | 71% |
TTM: | 33% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 92% |
1 Year: | 57% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 35% |
3 Years: | 38% |
Last Year: | 37% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2016 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|---|---|---|---|
Equity Capital | 0.19 | 13 | 13 | 14 | 14 | 21 | 21 | 21 | 21 |
Reserves | 6 | 76 | 141 | 212 | 266 | 360 | 484 | 661 | 564 |
0 | 1 | 1 | 42 | 48 | 39 | 36 | 51 | 66 | |
0 | 79 | 58 | 162 | 35 | 82 | 102 | 160 | 210 | |
Total Liabilities | 7 | 169 | 213 | 429 | 362 | 501 | 644 | 894 | 861 |
0 | 9 | 9 | 32 | 20 | 93 | 110 | 131 | 150 | |
CWIP | 0 | 0 | 0 | 65 | 69 | 0 | 0 | 1 | 1 |
Investments | 4 | 62 | 129 | 193 | 194 | 193 | 195 | 202 | 202 |
3 | 98 | 75 | 139 | 79 | 215 | 338 | 559 | 508 | |
Total Assets | 7 | 169 | 213 | 429 | 362 | 501 | 644 | 894 | 861 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2016 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|
0 | 97 | 57 | 143 | -24 | 147 | 109 | 267 | |
0 | -91 | -43 | -156 | 52 | -79 | -44 | -233 | |
0 | -7 | -3 | 28 | -17 | -49 | -64 | -72 | |
Net Cash Flow | 0 | -2 | 11 | 15 | 12 | 19 | 0 | -37 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2016 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|
Debtor Days | 248 | 18 | 12 | 9 | 14 | 13 | 11 | 14 |
Inventory Days | ||||||||
Days Payable | ||||||||
Cash Conversion Cycle | 248 | 18 | 12 | 9 | 14 | 13 | 11 | 14 |
Working Capital Days | 816 | 22 | -36 | -48 | -13 | 26 | 100 | 192 |
ROCE % | 79% | 47% | 22% | 45% | 48% | 48% |
Documents
Announcements
- Disclosures of reasons for encumbrance by promoter of listed companies under Reg. 31(1) read with Regulation 28(3) of SEBI (SAST) Regulations, 2011. 7 Dec
- Revised Disclosures under Reg. 31(1) and 31(2) of SEBI (SAST) Regulations, 2011. 7 Dec
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
21 Nov - Group of Institutional Investors meeting on 02nd December , 2024
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
21 Nov - Group of Individual Investors Meeting on 26th November, 2024
- Disclosures under Reg. 31(1) and 31(2) of SEBI (SAST) Regulations, 2011. 19 Nov
Annual reports
Concalls
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Oct 2024Transcript PPT REC
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Oct 2023Transcript PPT REC
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Oct 2022Transcript PPT
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Apr 2022TranscriptNotesPPT
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Part of Anand Rathi Group
Anand Rathi Group, established in 1994 provides a wide range of Investment Services across asset classes, as well as Private Wealth, Institutional Equities, Investment Banking, Insurance Broking, and NBFC. The group has a presence with 1100 outlets spread across India and employs 4000+ professionals. [1] [2]