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 ₹ 15,237 Cr.
- Current Price ₹ 1,834
- High / Low ₹ 2,323 / 1,586
- Stock P/E 54.7
- Book Value ₹ 70.5
- Dividend Yield 0.38 %
- 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 26.0 times its book value
- Promoter holding has decreased over last quarter: -0.74%
- 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 500 BSE Allcap Nifty Total Market Nifty 500 BSE Financial Services
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 | 868 | |
1 | 136 | 180 | 213 | 185 | 230 | 296 | 400 | 496 | |
Operating Profit | 0 | 78 | 95 | 114 | 75 | 178 | 242 | 320 | 373 |
OPM % | 26% | 36% | 35% | 35% | 29% | 44% | 45% | 44% | 43% |
0 | 6 | 6 | 1 | 2 | 1 | 0 | 0 | 32 | |
Interest | 0 | 9 | 3 | 3 | 3 | 2 | 4 | 6 | 10 |
Depreciation | 0 | 4 | 4 | 16 | 12 | 11 | 12 | 14 | 18 |
Profit before tax | 0 | 71 | 94 | 96 | 62 | 166 | 226 | 300 | 377 |
Tax % | 21% | 29% | 30% | 26% | 29% | 24% | 26% | 26% | |
0 | 50 | 65 | 71 | 44 | 125 | 168 | 221 | 278 | |
EPS in Rs | 4.00 | 18.71 | 12.11 | 13.18 | 8.03 | 15.08 | 20.17 | 26.46 | 33.50 |
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: | 81% |
1 Year: | 5% |
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 | 33 | 39 | 36 | 51 | 66 | |
0 | 79 | 58 | 162 | 49 | 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 | -24 | 26 | 100 | 192 |
ROCE % | 79% | 47% | 22% | 46% | 48% | 48% |
Documents
Announcements
- Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 2d
- Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 2d
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Intimation Of Receipt Of No-Objection From BSE And NSE For Reclassification Of Person Forming Part Of The Promoter Group From "Promoter Group" Category To "Public" Category Shareholder Of The Company Pursuant To Regulation 31A Of SEBI (LODR) Reg 2015
28 Mar - Receipt of no-objection for promoter reclassification.
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Board Meeting Intimation for Intimation Regarding Holding Of Meeting Of The Board
28 Mar - Board meeting to approve financial results and dividend.
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Closure of Trading Window
25 Mar - Closure of trading window from April 1, 2025.
Annual reports
Concalls
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Jan 2025Transcript PPT REC
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Oct 2024Transcript PPT REC
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Jul 2024Transcript PPT
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Apr 2024Transcript PPT
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Jan 2024Transcript PPT
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Oct 2023Transcript PPT REC
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Jul 2023Transcript PPT
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Apr 2023Transcript PPT
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Jan 2023Transcript PPT
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Oct 2022Transcript PPT
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Jul 2022Transcript PPT
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Apr 2022Transcript PPT
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Apr 2022TranscriptNotesPPT
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Jan 2022Transcript PPT
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]