Anand Rathi Wealth Ltd.Strong Q1 with 24% PAT Growth

Anand Rathi Wealth delivered its 19th consecutive quarter of consistent performance with adjusted PAT growing 24% YoY to ₹116 crore, while adjusted revenue increased 18% to ₹336 crore.

PAT margin expanded 140 basis points to 34.4%, reflecting operational efficiency. Total AUM grew robustly by 21% YoY to ₹1,06,300 crore, supported by strong net flows of ₹2,743 crore despite significant market volatility during the quarter. The company achieved 24% of its FY27 revenue guidance and 25% of PAT guidance in Q1 alone, with management expressing high confidence in meeting full-year targets. Client retention remained exceptional with just 0.09% AUM attrition and zero regret RM attrition.

The board approved applying for an AMC license as part of a backward integration strategy after two decades of distribution excellence. Management highlighted their track record of 31.7% mean PAT growth over 17 quarters with minimal 4.8% standard deviation, and reiterated 90-95% confidence in sustaining 20-25% AUM CAGR over the next three to five years driven by their four-cylinder growth framework.