The wealth management firm’s revenue from operations increased 17.5% to ₹322 crore from ₹274 crore a year ahead.
As per the exchange filings, the company’s assets under management (AUM) crossed the ₹1 lakh crore during the quarter. Company said its AUM grew 21% year-on-year to ₹ 1,06,300 crore, supported by a net inflow of ₹ 2,743 crore during Q1 FY27.
Company added that Mutual fund distribution revenue rose 16% year-on-year to ₹132 crore.
EBITDA declined 15% year-on-year to ₹109 crore from ₹127.8 crore, while the EBITDA margin contracted to 33.7% from 46.6% in the corresponding quarter last year.
In its private wealth business, the number of active client families increased 13% year-on-year to 13,941, while the relationship manager count rose to 417 from 382 a year ago.
Among its subsidiaries, Digital Wealth AUM grew 23% year-on-year to ₹2,526 crore, and the Omni Financial Advisor platform’s subscriber base increased to 6,890 from 6,627 in the year-ago period. The company also said its UK subsidiary commenced operations during the quarter.
Commenting on the Company’s financial and operational performance for Q1 FY27, Rakesh Rawal, Chief Executive Officer, and Feroze Azeez, Joint Chief Executive Officer, said, ” In a volatile equity market environment during Q1 FY27, our uncomplicated business model and unwavering focus on client outcomes enabled us to deliver consistent and marketagnostic growth, reinforcing the resilience and scalability of our business.”
They added that the company onboarded 1,611 new client families on net basis over the last twelve months, taking our total client base to 13,941 families.
“Client attrition, measured by AUM lost, remained at a low at 0.09%, underscoring the strength of our client-centric uncomplicated approach. We also recorded zero regret RM attrition during the quarter,” said the management.
Shares of Anand Rathi Wealth ended Thursday’s session 2.92% higher at ₹2,120 apiece on the NSE, ahead of the company’s June quarter earnings announcement.
Also Read: TCS’s AI biz hits $2.6 bn run rate, growing six times faster than overall revenue
