Anand Rathi Wealth Ltd

Anand Rathi Wealth Ltd

₹ 1,759 -0.17%
25 Apr - close price
About

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]

Key Points

Part of Anand Rathi Group[1]
Anand Rathi Group, established in 1994 provides a range of Investment Services across asset classes, as well as Private Wealth, Institutional Equities, Investment Banking, Insurance Broking, and NBFC with a total AUM of 77,103 Crs as of FY25.[2]

  • Market Cap 14,622 Cr.
  • Current Price 1,759
  • High / Low 2,323 / 1,586
  • Stock P/E 49.5
  • Book Value 84.7
  • Dividend Yield 0.40 %
  • ROCE 54.0 %
  • ROE 42.7 %
  • Face Value 5.00

Pros

  • Company is expected to give good quarter
  • Company has delivered good profit growth of 32.9% CAGR over last 5 years
  • Company has a good return on equity (ROE) track record: 3 Years ROE 39.6%
  • Company has been maintaining a healthy dividend payout of 31.8%

Cons

  • Stock is trading at 20.8 times its book value
  • Promoter holding has decreased over last quarter: -0.70%

* 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.

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025
109 128 132 133 137 168 175 175 177 229 234 228 213
64 73 72 72 78 96 100 97 106 133 132 124 125
Operating Profit 45 55 59 61 59 71 75 78 71 96 102 104 89
OPM % 41% 43% 45% 46% 43% 43% 43% 44% 40% 42% 44% 46% 42%
1 1 1 2 3 3 6 4 12 7 6 6 18
Interest 1 1 1 1 1 1 2 2 2 1 3 4 4
Depreciation 2 3 3 3 3 3 3 4 4 4 5 5 6
Profit before tax 43 53 57 58 59 70 76 76 77 97 101 102 98
Tax % 22% 25% 25% 26% 26% 25% 26% 26% 28% 26% 25% 26% 26%
34 39 43 43 43 52 57 57 56 72 75 76 72
EPS in Rs 4.09 4.74 5.11 5.14 5.18 6.28 6.78 6.82 6.63 8.71 9.04 9.12 8.72
Raw PDF

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 Mar 2025
1 214 275 327 260 408 538 720 905
1 136 180 213 185 230 296 400 514
Operating Profit 0 78 95 114 75 178 242 320 391
OPM % 26% 36% 35% 35% 29% 44% 45% 44% 43%
0 6 6 1 2 1 0 0 38
Interest 0 9 3 3 3 2 4 6 11
Depreciation 0 4 4 16 12 11 12 14 20
Profit before tax 0 71 94 96 62 166 226 300 398
Tax % 21% 29% 30% 26% 29% 24% 26% 26% 26%
0 50 65 71 44 125 168 221 295
EPS in Rs 4.00 18.71 12.11 13.18 8.03 15.08 20.17 26.46 35.58
Dividend Payout % 0% 0% 0% 0% 31% 36% 30% 26% 39%
Compounded Sales Growth
10 Years: %
5 Years: 23%
3 Years: 30%
TTM: 26%
Compounded Profit Growth
10 Years: %
5 Years: 33%
3 Years: 33%
TTM: 33%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: 76%
1 Year: -11%
Return on Equity
10 Years: %
5 Years: 37%
3 Years: 40%
Last Year: 43%

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 Mar 2025
Equity Capital 0.19 13 13 14 14 21 21 21 42
Reserves 6 76 141 212 266 360 484 661 661
0 1 1 42 33 39 36 51 79
0 79 58 162 49 82 102 160 187
Total Liabilities 7 169 213 429 362 501 644 894 969
0 9 9 32 20 93 110 131 172
CWIP 0 0 0 65 69 0 0 1 0
Investments 4 62 129 193 194 193 195 202 320
3 98 75 139 79 215 338 559 477
Total Assets 7 169 213 429 362 501 644 894 969

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 Mar 2025
0 97 57 143 -24 147 109 267 352
0 -91 -43 -156 52 -79 -44 -233 -67
0 -7 -3 28 -17 -49 -64 -72 -282
Net Cash Flow 0 -2 11 15 12 19 0 -37 3

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2016 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Debtor Days 248 18 12 9 14 13 11 14 14
Inventory Days
Days Payable
Cash Conversion Cycle 248 18 12 9 14 13 11 14 14
Working Capital Days 816 22 -36 -48 -24 26 100 192 111
ROCE % 79% 47% 22% 46% 48% 48% 54%

Shareholding Pattern

Numbers in percentages

3 Recently
Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025
48.82% 48.74% 48.74% 48.74% 48.75% 48.69% 48.20% 48.02% 48.09% 47.99% 47.99% 47.29%
0.90% 0.84% 0.81% 1.71% 2.11% 1.84% 3.01% 4.86% 5.02% 5.32% 5.75% 4.85%
11.32% 11.41% 11.82% 9.99% 9.72% 10.26% 9.16% 8.78% 8.32% 7.96% 7.81% 7.21%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.01%
38.95% 39.01% 38.63% 39.56% 39.42% 39.21% 39.64% 38.35% 38.56% 38.72% 38.45% 40.64%
No. of Shareholders 41,96039,02836,83135,64335,82137,14144,36944,30768,25654,18952,39254,938

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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