Anand Rathi Wealth Ltd.Record ₹100 Cr PAT, 17th Straight Beat

Anand Rathi Wealth Ltd. delivered an exceptional Q3 FY26, achieving a milestone ₹100 crore quarterly PAT for the first time, marking 30% year-on-year growth and the company's 17th consecutive quarter of over 20% PAT expansion.

Total revenue grew 25% to ₹306 crore while PAT margin expanded 110 basis points to 32.7%. Total AUM approached the ₹1 lakh crore milestone at ₹99,008 crore with 30% YoY growth, supported by addition of 1,800 net new client families over twelve months to reach 13,262 families. The company maintained industry-leading client attrition at just 0.31% on AUM basis. Management upheld FY26 guidance of ₹1,175 crore revenue and ₹375 crore PAT despite achieving 76-78% in nine months, following their under-commit, over-deliver philosophy.

For FY27, clear guidance of 20-25% growth was provided on the FY26 base. The company defended its pure-play distribution model over hybrid advisory approaches, citing inherent conflicts. With 393 relationship managers adequate for 3-4 years and annualized ROE at 47.33%, management expressed strong confidence in sustainable long-term growth.