Anand Rathi Wealth Ltd.Crosses ₹1L Cr AUM Milestone

Anand Rathi Wealth Ltd. delivered robust FY26 performance, achieving its 18th consecutive quarter of 20%+ PAT growth, a rare feat among Nifty 500 companies.

Revenue grew 22% YoY to ₹1,198 crore, beating guidance, while PAT surged 28% to ₹386 crore against guidance of ₹375 crore. PAT margin expanded 150 bps to 32.2%, supported by industry-leading ROE of 46.74%. The company crossed the ₹1 lakh crore AUM milestone post-March, adding 1,600 net client families to reach 13,395 families with minimal 0.54% attrition. Management provided FY27 guidance of ₹1,415 crore revenue and ₹460 crore PAT, representing 18-19% growth, alongside AUM target of ₹1.2 lakh crore.

The Board approved 1:1 bonus shares and ₹7 final dividend. Management emphasized their employee-client-shareholder stakeholder philosophy and differentiation through risk-adjusted return measurement. Digital wealth and OFA SaaS platforms showed strong traction. SEBI TER changes expected to have minimal 2-4 bps impact given the company's established trail-based model.