In its earnings report, Anand Rathi Wealth disclosed that its AUM grew by 14% on a sequential basis, aided by mark-to-market gains.
However, the company’s net inflows declined 19% from the previous quarter — its only key operational miss during the April-June period.
Its employee costs remained elevated due to the continued employee stock ownership plan (ESOP) expenses.
Anand Rath Wealth’s distribution revenue was up 19% from the previous quarter, thereby driving a 12% sequential revenue growth.
Its operating leverage improved and EBITDA margin increased by 420 basis points on a sequential basis to 33.7%.
The company’s profit after tax (PAT) jumped 58% sequentially and was aided by a 61% uptick in other income.
Anand Rathi Wealth said it is planning to set up an asset management company (AMC). Analysts believe that this could be a trigger for growth in the medium term.
Earlier this year, the company announced a bonus issue of shares in the ratio of 1:1, which means shareholders received one bonus share for every one share they had as on the record date. A similar 1:1 bonus issue was announced in March last year as well.
In the interim, the company has also paid dividends worth ₹20 per share to shareholders, across May 2025, October 2025 and May 2026 respectively.
Shares of Anand Rathi Wealth gained 3.8% to hit their new all-time high of ₹2,176.2 apiece on Friday. The stock has gained 22.4% in the past month and 37.3% this year, so far.
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