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Anand Rathi Wealth Results: Latest Quarterly Results & Analysis

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Anand Rathi Wealth Ltd. 13 Oct 2025 18:06 PM
Result PDF

Q2FY26 Quarterly Result Announced for Anand Rathi Wealth Ltd.

Capital Markets company Anand Rathi Wealth announced Q2FY26 results

  • Total revenue during this period rose by 23% to Rs 307 crore.
  • Consolidated net profit of Rs 100 crore, registering a YoY increase of 31%.
  • Equity Mutual Fund Net Inflows: Q2FY26: up 101% YoY to Rs 2,062 crore (Q2FY25: Rs 1,025 crore).
  • Total Net Inflows: Q2FY26: up by 28% YoY to Rs 3,002 crore (Q2FY25: Rs 2,336 crore).
  • Return on Equity (ROE): 45% (annualized).
  • Interim Dividend of Rs 6 per Equity Share.

Management Commentary:

 Despite Indian equity markets declining during both the last quarter and full year, Anand Rathi Wealth delivered yet another quarter of consistent, market-agnostic growth — underscoring the strength, stability, and scalability of our uncomplicated business model.

During second quarter of FY26, our Profit After Tax (PAT) rose 31% year-on-year to Rs 100 crore, while revenue grew 23% YoY to Rs 307 crore and during the first half of FY26, PAT rose 29% year-on-year to Rs 194 crore and revenue grew 19% YoY to Rs 591 crore. In the first half of FY26, the Company has already achieved more than 50% of its full-year revenue and PAT guidance.

Our Assets Under Management (AUM) expanded 22% YoY to Rs 91,568 crore, supported by a healthy 20% YoY growth in net inflows to Rs 6,827 crore for H1FY26. This performance underscores our continued ability to attract new clients and deepen existing relationships, even in a challenging market environment. Client attrition — measured by AUM lost — remained low at 0.18% for H1FY26, reaffirming the trust our clients place in our uncomplicated and client-centric approach.

Result PDF

Result PDF
Capital Markets company Anand Rathi Wealth announced Q1FY26 results

Q1FY26 Financial Highlights:

  • Total Revenue: Rs 284.3 crore compared to Rs 245.4 crore during Q1FY25, change 16%.
  • Profit Before Tax: Rs 126.3 crore compared to Rs 99.0 crore during Q1FY25, change 28%.
  • Profit After Tax: Rs 93.9 crore compared to Rs 73.4 crore during Q1FY25, change 28%.
  • AUM: Rs 87,797 crore compared to Rs 69,018 crore during Q1FY25, change 27%.
  • EPS: Rs 11.3 for Q1FY26.

Other Highlights:

  • Mutual Fund Distribution Revenue: Increased by 27% YoY to Rs 113 crore.
  • Net Inflows: Highest ever in a quarter at Rs 3,825 crore.
  • Share of Equity Mutual Funds in AUM: 54% as of June 2025 (PY: 54%).
  • Return on Equity (ROE): 44.4% (annualized).

Management Commentary: “Q1FY26 was another strong quarter for Anand Rathi Wealth, with Profit After Tax rising 28% YoY to Rs 94 crore and total revenue increasing 16% to Rs 284 crore. Our AUM reached Rs 87,797 crore, up 27% YoY. We achieved our highest-ever quarterly net inflows of Rs 3,825 crore and onboarded 598 new client families (net) in Q1FY26, taking the total families served to 12,330. Client attrition, measured by AUM lost, remained at a low 0.11%, underscoring the strength of our client-centric uncomplicated approach.

The first quarter saw a sharp rebound in equity markets, with the Nifty advancing 8.5% and the Nifty 500 rising 10.7%, propelled by renewed domestic buying and moderating FII outflows. India’s GDP is expected to grow by 6.6% in FY26, driven by strong domestic demand, government-led capital expenditure, and a robust financial sector. This growth is likely to further increase the number of HNIs and UHNIs, creating significant opportunities for the wealth management industry. Given this potential and the strong business, we have built, we are confident of achieving our guidance.”

Result PDF

Capital Markets company Anand Rathi Wealth announced FY25 & Q4FY25 results

Q4FY25 Financial Highlights:

  • Total Revenue: Rs 241.4 crore compared to Rs 197.2 crore during Q4FY24, change 22%.
  • Profit Before Tax: Rs 99.5 crore compared to Rs 79.0 crore during Q4FY24, change 26%.
  • Profit After Tax: Rs 73.7 crore compared to Rs 56.9 crore during Q4FY24, change 30%.
  • EPS:  Rs 8.9 for Q4FY25.

FY25 Financial Highlights:

  • Total Revenue: Rs 980.7 crore compared to Rs 752.0 crore during FY24, change 30%.
  • Profit Before Tax: Rs 404.8 crore compared to Rs 305.6 crore during FY24, change 32%.
  • Profit After Tax: Rs 300.8 crore compared to Rs 225.8 crore during FY24, change 33%.
  • EPS:  Rs 36.2 for FY25.
  • AUM: Rs 77,103 crore compared to Rs 59,351 crore during FY24, change 30%.

Business Highlights:

  • Mutual Fund Distribution Revenue: Increased by 52% YoY to Rs 406 crore.
  • Net Inflows: Recorded a YoY growth of 76% to Rs 12,617 crore.
  • Equity Mutual Fund Net Inflows: Increased by 67% YoY to Rs 7,706 crore.
  • Share of Equity Mutual Funds in AUM: Rose to 53% as of March 2025, compared to 51% in March 2024.
  • Return on Equity (ROE): 44.6%.
  • Final Dividend of Rs 7 per Equity Share.
  • Private Wealth (PW) (Holding Company):
    • Active client families grew by 18% YoY to 11,732
    • Relationship Managers (RMs) increased by 48 over the past twelve months, bringing the total to 380
  • Digital Wealth (DW) (Subsidiary Company):
    • Total revenue surged by 19% YoY to Rs 29.2 crore.
    • AUM increased by 17% YoY to Rs 1,812 crore
  • Omni Financial Advisors (“OFA”) (Subsidiary Company):
    • Total revenue grew by 14% YoY to Rs 7.7 crore.
    • Technology platform subscriber base for Mutual Fund Distributors / Independent Financial Advisors (MFDs/IFAs) expanded to 6,447 (Previous Year: 5,994).

Management commentary: “The FY25 was defined by resilience and opportunity, both globally and in India. In this evolving environment, we remain wellpositioned to lead—guided by our uncomplicated approach and unwavering commitment to our clients’ financial well-being.

During FY25, our total revenue grew by 30% YoY to Rs 981 crore, while Profit After Tax (PAT) rose by 33% to Rs 301 crore. Our Assets Under Management (AUM) increased by 30%, reaching Rs 77,103 crore, compared to a 5% gain in the Nifty over the same period. We also welcomed 1,821 new client families, bringing our total to 11,732 families served.

Over the year, we completed a Rs 165 crore buy-back (excluding transaction costs and taxes) and issued bonus shares in a 1:1 ratio. In line with our commitment to shareholder value, the Board has declared a final dividend of Rs 7 per equity share.

Our performance has remained consistent and market-agnostic. A study of the top 1,000 companies by market capitalisation showed that only six companies have delivered over 20% YoY growth every quarter since our listing in December 2021—and we are one of them. Despite a challenging market environment, we recorded our highest-ever quarterly net inflows of Rs 3,472 crore, with full-year net inflows growing 76% YoY to Rs 12,617 crore.

Our client-first approach continues to translate into outcomes that matter. In FY25, our client attrition rate—measured by AUM lost—stood at just 0.52%. For the second year in a row, regret RM attrition remained below 1%, reflecting the strength of our work culture and our ongoing focus on long-term team engagement.”

Result PDF

Capital Markets company Anand Rathi Wealth announced Q3FY25 results

Financial Highlights:

  • Mutual Fund Distribution Revenue: Increased by 63% YoY to Rs 303 crore.
  • Net Inflows: Recorded a YoY growth of 69% to Rs 9,145 crore.
  • Equity Mutual Fund Net Inflows: Increased by 51% YoY to Rs 5,831 crore.
  • Share of Equity Mutual Funds in AUM: Rose to 55% as of December 2024, compared to 52% in December 2023.
  • Return on Equity (ROE - Annualized): 45%.

Other Highlights:

  • Private Wealth (PW) (Holding Company):
    • Active client families grew by 19% YoY to 11,426.
    • Relationship Managers (RMs) increased by 61 over the past twelve months bringing the total to 383.
  • Digital Wealth (DW) (Subsidiary Company):
    • Total revenue surged by 18% YoY to Rs 22 crore.
    • AUM increased by 23% YoY to Rs 1,827 crore.
  • Omni Financial Advisors (“OFA”) (Subsidiary Company):
    • Total revenue grew by 15% YoY to Rs 5.7 crore.
    • Technology platform subscriber base for Mutual Fund Distributors / Independent Financial Advisors. (MFDs/IFAs) expanded to 6,273 (Previous Year: 5,932).

Mr. Rakesh Rawal, Chief Executive Officer, said: “We are thrilled to report another outstanding financial result and extend our heartfelt gratitude to our clients and team members for their continued trust and support. During the nine-month period of FY25, our total revenue grew by 33% YoY to Rs 739 crore, while Profit after Tax (PAT) increased by 34% to Rs 227 crore. Our AUM recorded a significant rise of 39%, reaching Rs 76,402 crore.

We have achieved 75% of our revised revenue guidance of Rs 980 crore and 77% of our revised PAT guidance of Rs 295 crore in the first nine months of FY25. Additionally, we on boarded 1,785 new client families during last one year, bringing our total client base to 11,426 families. As a part of our policy to reward our shareholders, the Board has approved one bonus equity share for every one equity share held by shareholders, subject to approval of shareholders.

India’s economy continues to grow steadily, driven by rising income levels and increased financialization. This shift is driving unprecedented financial activity and positioning wealth management industry exceptionally strong position. We believe that our business holds inherent growth potential of 20-25%, which we expect to sustain for many years. Our confidence stems from our uncomplicated wealth solutions for our clients to build their wealth seamlessly.”

Feroze Azeez, Deputy Chief Executive Officer, said: “The magnitude of capital poised to flow into India is substantial and unprecedented. With a growing investor base and positive macroeconomic indicators, the Indian equity market presents an unparalleled opportunity for both domestic and foreign investors. This vast pool of capital, combined with India’s strong performance, makes the equity markets a more compelling investment destination.

We believe our performance has been consistent and market agnostic. If you look at the worst NIFTY performance after we have got listed; was Q1FY23 when it fell by 9.6% and last quarter when it fell by 8.4%. However, for that both quarters our profit grew by more than 33% on YoY basis.

We have recorded highest ever quarterly net inflows during last quarter in spite sentiment not being the best. During 9MFY25 our total net inflows registered a remarkable year-on-year growth of 69%, reaching Rs 9,145 crore.

Our client centric approach has resulted in 0.28% client attrition rate in terms of AUM lost during the nine months of FY25. In the last quarter, we achieved near-zero regret RM attrition, following five consecutive quarters of zero regret RM attrition. This is a true testament to our entrepreneurial work culture and our unwavering commitment to the growth and satisfaction of our team.”

Result PDF

Capital Markets company Anand Rathi Wealth announced Q2FY25 results

Fiinancial Highlights:

  • Total Revenue: Rs 249.6 crore from Rs 189.1 crore (32% increase YoY)
  • Profit Before Tax: Rs 102.2 crore from Rs 77.7 crore (31% increase YoY)
  • Profit After Tax: Rs 76.3 crore from Rs 57.7 crore (32% increase YoY)
  • Earnings Per Share (EPS): Rs 18.3 from Rs 13.8 (32% increase YoY)
  • Assets Under Management (AUM): Rs 75,084 crore from Rs 47,957 crore (57% increase YoY)
  • Mutual Fund distribution revenue increased by 70% YoY to Rs 195 crore.
  • Net inflows grew by 128% YoY to Rs 5,700 crore.
  • Equity Mutual Fund net inflows increased by 64% YoY to Rs 3,116 crore.
  • Share of Equity Mutual Funds in AUM increased to 55% as of September 2024, compared to 50% as of September 2023.
  • Return on Equity (ROE - Annualised) : 44%.
  • The Board of Directors have declared an Interim Dividend of Rs 7 per Equity Share of Face Value of Rs 5 each of the Company (140% of  Face Value).

Other Highlights:

Private Wealth (PW) (Holding Company)

  • Number of Active client families increased by 19% YoY to 10,977.
  • Number of RMs increased by 20% in last 12 months to 374.
  • Zero regret RM attrition for last 15 months.

Digital Wealth (DW) (Subsidiary Company)

  • Total Revenue increased by 17% YoY to Rs 14 crore.
  • AUM increased by 32% YoY to Rs 1,826 crore.

Omni Financial Advisors (“OFA” ) (Subsidiary Company)

  • Total Revenue increased by 15% YoY to Rs 4 crore.
  • Technology platform provider to Mutual Fund Distributors (MFDs) with 6,188 subscribers (PY: 5,880 MFDs).

Rakesh Rawal, Chief Executive Officer, commented on the H1 FY25 results stating: “We are thrilled to announce another exceptional financial result. In H1FY25 our total revenue grew by 35% YoY to Rs 495 crore and Profit after Tax was Rs 150 crore, representing growth of 35% YoY. Our Assets Under Management (AUM) has seen a significant increase of 57% to Rs 75,084 crore. In the first half of FY25, we welcomed 1,066 new client families, bringing our total count of client families to 10,977.

In alignment with our policy of rewarding shareholders, we have declared an interim dividend of Rs 7 per share for FY25.

India’s growth story is being celebrated as the global economy faces geopolitical challenges and slow growth. As the fastest-growing large economy, India is projected to achieve a 7% GDP growth for FY25, driven by strong domestic demand, government reforms and increased capital expenditure, which has also boosted its market capitalization.

In light of such strong economic growth, the company’s prospects are positive, supported by the rising HNI population who are seeking a strategic approach to wealth creation.”

Commenting on the same, Feroze Azeez, Deputy Chief Executive Officer said: “India’s strong economic fundamentals have driven increased interest from both domestic and foreign investors. This trend is reflected in consistent inflows into the equity markets, with new investments hitting record highs MoM. Such a positive momentum is expected to strengthen the Indian equity markets further, fostering an environment conducive to long-term capital appreciation and broadening of the investor base.

During H1FY25 our total net inflows registered a remarkable YoY growth of 128%, reaching Rs 5,700 crore. Equity mutual fund net inflows achieved YoY growth of 64%, amounting to Rs 3,116 crore.

Our client centric approach has resulted in 0.28% client attrition rate in terms of AUM lost during the first half of FY25.

We take immense pride in achieving zero regret RM attrition for the fifth consecutive quarter—a true testament to our robust entrepreneurial work culture and unwavering commitment to our team’s growth and satisfaction.”

Result PDF

Capital Markets company Anand Rathi Wealth announced Q1FY25 results:

Financial Highlights:

  • AUM Rs 69,018 crore up by 59% YoY
  • Revenue Rs 245 crore up by 38% YoY
  • Profit Before Tax Rs 99 crore up by 40% YoY 
  • Profit After Tax Rs 73 crore up by 38% YoY
  • Mutual Fund revenue increased by 70% YoY to Rs 89 crore
  • Net inflows grew by 173% YoY to Rs 3,364 crore
  • Equity Mutual Fund net inflows increased by 462% YoY to Rs 2,091 crore
  • Share of Equity Mutual Funds in AUM increased to 54% as of June 2024, compared to 48% as of June 2023.
  • Return on Equity (ROE - Annualised) : 42.8%
  • Buyback of Rs 164.65 crore (excluding charges and taxes) successfully completed in June 2024.

 Operational highlights:

Private Wealth (PW) (Holding Company)

  • Number of Active client families increased by 19% YoY to 10,382
  • Number of RMs increased by 17% to 360 in last 12 months

Digital Wealth (DW) (Subsidiary Company)

  • Total Revenue increased by 13% YoY to Rs 6.89 crore
  • AUM increased by 48% YoY to Rs 1,727 crore

Omni Financial Advisors (“OFA” ) (Subsidiary Company)

  • Total Revenue increased by 18% YoY to Rs 1.84 crore
  • Technology platform provider to Mutual Fund Distributors (MFDs) with 6,064 subscribers (PY: 5,688 MFDs)

Commenting on the Q1 FY25 Results, Rakesh Rawal, Chief Executive Officer said: “Indian economy is on a strong footing with GDP expected to grow at 7.2% for this year, making it the fastest growing market globally. In this backdrop, Indian markets have witnessed new all-time highs supported by strong performance of India Inc. With this, we anticipate a noticeable increase in the number of High Net-worth Individuals (HNIs) in the country and thus, creating a huge growth potential for the wealth business.

The increase of financial assets in the total pie of household assets has also helped in growth of our AUM by 59% YoY to Rs 69,018 crore as on June 30, 2024. This has aided a revenue increase of 38% YoY to Rs 245 crore and PAT increase of 38% YoY to Rs 73 crore for this quarter. During Q1 FY25, we added 471 client families and crossed the milestone of 10,000 client families, further improving the financial goals of our clients.

As part of our endevour to reward shareholders, we successfully concluded the buyback program of Rs 164.65 crore, excluding charges and taxes. With multiple growth drivers in place, we are confident that our company has the potential to grow by 20–25% in the long-term.”

Commenting on the same, Feroze Azeez, Deputy Chief Executive Officer said: “India’s strong fundamentals continue to attract investments into the equity markets with incremental inflows recording new highs every month. During Q1 FY25, our equity mutual fund net inflows increased by 462% YoY to Rs 2,091 crore. This continued growth underscores the deep trust and confidence our clientele place in our value proposition. Our systematic and datadriven approach along with a realistic understanding of client needs and risks has been instrumental in achieving these results.

Our client base is becoming more informed and data driven, so they understand simple and uncomplicated wealth approach to achieve the objective of around 14%. This is evident from just 0.1% client attrition in terms of AUM lost during the first quarter of FY25. We have successfully maintained our Zero regret attrition of relationship managers for a straight fourth quarter significantly because of the culture created in the organisation. With the Indian economy poised for continued growth, the future is promising and has large opportunities for wealth professionals.”

Result PDF

Capital Markets company Anand Rathi Wealth announced Q4FY24 & FY24 results:

Q4FY24 Financial Highlights:

  • The Company reported a net profit of Rs 57 crore for Q4FY24, marking a significant 33% increase over the Rs 42.7 crore from Q4FY23.
  • The company's revenue rose by 34% YoY, reaching Rs 197 crore in Q4FY24 compared to Rs 147.1 crore in Q4FY23.

FY24 Financial Highlights:

  • There was a 35% surge in the company's revenue during FY24, totaling Rs 752 crore, up from Rs 558.9 crore in FY23.
  • For FY24, the consolidated net profit ascended by 34% to Rs 226 crore from Rs 168.6 crore in the previous year.
  • The EPS increased by 34% YoY to Rs 54.1 for the full year.
  •  AUM expanded by a notable 52% to Rs 59,351 crore in FY24 from Rs 38,993 crore in FY23.
  • The Board of Directors recommended a Final dividend of Rs 9 per Equity Share, bringing the total dividend for FY24 to Rs 14 per Equity Share.
  • The Board approved a share buy-back of up to 3,70,000 Equity Shares at Rs 4,450 per share, allocating an aggregate amount not exceeding Rs 164.65 crore.
  • The company achieved an ROE of 40% for FY24.
  • The company witnessed an escalation of 41% in net inflows, reaching Rs 7,182 crore in FY24.
  • Equity Mutual Fund net inflows surged by 47% YoY to Rs 4,628 crore.

Private Wealth (PW) (Holding Company):

  • The Private Wealth vertical saw a revenue increase of 34% to Rs 720 crore.
  • Private Wealth(PW) Profit After Tax grew by 32% to Rs 221 crore.
  • Private Wealth AUM surged by 52% to approximately Rs 57,807 crore.
  • The number of active client families rose by 19% to 9,911.

Digital Wealth (DW) and Omni Financial Advisors (OFA):

  • Digital Wealth observed a 64% increase in revenue to Rs 25 crore.
  • AUM in DW grew by 47% to Rs 1,545 crore. 
  • Omni Financial Advisors reported a revenue growth of 17% to Rs 7 crore.
  • OFA increased its subscriber base to 5,994 mutual fund distributors.

Commenting on the results, Rakesh Rawal, Chief Executive Officer, said, "Amidst a fluctuating global economic environment, the Indian economy has emerged as a pillar of stability and hope. Despite the challenges posed by geopolitical tensions, the resilience of the Indian equity capital markets has been noteworthy, contributing significantly to wealth generation and the robust growth of the wealth management sector. Anand Rathi Wealth’s exemplary performance, evidenced by a commendable 52% YoY increase in our consolidated Assets Under Management (AUM) to Rs 59,351 crore, exemplifies this trend. This growth not only highlights our firm's adeptness in navigating market volatilities but also our unwavering dedication to our clients’ wealth enhancement. For the financial year 2024, we are pleased to report a remarkable increase in revenue by 35% YoY, reaching Rs 752 crore, and our Profit After Tax (PAT) surged by 34% YoY to Rs 226 crore, exceeding the forecasts for the fiscal year. In accordance with our policy to reward shareholders, the Board has declared a final dividend of Rs 9 per equity share, culminating in a total annual dividend of Rs 14 per equity share, alongside a share buy-back program valued at Rs 164.65 crore. Our strategy, centered on offering straightforward, comprehensive, and uniform solutions, has been a cornerstone of our strong and enduring growth. We are confident in our future, projecting a continued growth trajectory of 20–25%.”

Commenting on the results, Feroze Azeez, Deputy Chief Executive Officer, said, "In FY24, total net inflows saw an impressive increase of 41% YoY, amounting to Rs 7,182 crore. Furthermore, equity net inflows experienced a 47% YoY growth, reaching Rs 4,628 crore. This growth underscores the deep trust and confidence our clientele place in our capabilities to guide them towards achieving their financial aspirations. Our approach, grounded in meticulous data-driven research and a thorough understanding of client needs and associated risks, has been instrumental in this success. Our client-centric focus is further evidenced by maintaining our client attrition rate at approximately 1% in terms of AUM lost for the fiscal year 2024. Anand Rathi Wealth prides itself on cultivating an entrepreneurial culture, underlining the pivotal role of our Relationship Managers in propelling our growth. Our dedication to talent development and retention has been proven by the achievement of zero regrettable Relationship Manager attrition for three consecutive quarters. We are optimistic about the future of the wealth management industry, buoyed by factors such as increasing wealth, changing investor preferences, and technological innovations. These elements promise to revolutionize the wealth management domain, offering substantial growth and opportunities.”


     

Result PDF

Financial Services company Anand Rathi Wealth announced Q3FY24 & 9MFY24 results:  Total Revenue
  • Q3FY24: Rs 187.3 crore, marking a 34% increase year-over-year (YoY).
  • 9MFY24: Reached Rs 555 crore, representing a 35% growth compared to 9M FY23.
Profit Before Tax (PBT)
  • Q3FY24: PBT was Rs 78 crore.
  • 9MFY24: PBT stood at Rs 226.6 crore, a 34% rise YoY.
Profit After Tax (PAT)
  • Q3FY24: Rs 58 crore, a 34% increase from Q3 FY23.
  • 9MFY24: PAT grew 34% YoY to Rs 169 crore.
Earnings Per Share (EPS)
  • Q3FY24: The EPS was Rs 13.9.
  • 9MFY24: The EPS increased to Rs 40.5, up 34% YoY.
Assets Under Management (AUM)
  • As of Dec 2023: AUM was Rs 55,057 crore, a significant 43% growth YoY.
Key Highlights
  • Annualized Return on Equity (ROE) is reported to be 42% for 9MFY24.
  • Net-flows in 9MFY24 grew by 41% YoY to Rs 5,411 crore.
  • Equity Mutual Fund net flows expanded by 85% YoY to Rs 3,854 crore.

Commenting on the Results, Rakesh Rawal, Chief Executive Officer said, “Indian economy proved to be a beacon of hope in an otherwise turbulent global economy. The markets remained resilient despite elevated geopolitical escalations. The projected GDP growth of 7.3% for FY24 as per the first advance estimates appears to be achievable. With Indian markets having created substantial wealth post-pandemic the wealth management industry is witnessing healthy growth. The momentum of this wealth creation is also evident in our performance where our client base increased to 9,641 families and our AUM increased to Rs 55,057 crore as of Dec-2023.

In 9MFY24, our revenue grew by 35% YoY to Rs 555 crore, while our PAT increased by 34% YoY to Rs 169 crore. We have added 45 new Relationship Managers on a net basis over the past twelve months. A reflection of our entrepreneurial work culture is in the zero-regret RM attrition for Q2 and Q3FY24.

With a broad network of Relationship Managers of 322 spanning all major Indian cities, we are committed to providing our clients with well-researched data backed and uncomplicated wealth solutions to fulfill their financial goals”

 

Result PDF

Financial Services company Anand Rathi Wealth announced Q2FY24 and H1FY24 results:
  • Q2FY24:
    • Total Revenue for Q2FY24 is Rs 189.1 crore, representing a YoY increase of 37%.
    • Profit Before Tax in Q2FY24 is Rs 77.7 crore, showing a YoY increase of 35%.
    • Profit After Tax for Q2FY24 is Rs 57.7 crore, with a YoY increase of 34%.
    • Earnings Per Share (EPS) for Q2FY24 is Rs 13.8, reflecting a YoY increase of 34%.
    • Assets Under Management (AUM) in Q2FY24 stands at Rs 47,957 crore, showing a YoY increase of 34%.
  • H1FY24:
    • Total Revenue for H1FY24 is Rs 367.5 crore, indicating a YoY increase of 35%.
    • Profit Before Tax in H1FY24 is Rs 148.6 crore, with a YoY increase of 35%.
    • Profit After Tax for H1FY24 is Rs 110.9 crore, showing a YoY increase of 34%.
    • Earnings Per Share (EPS) for H1FY24 is Rs 26.6, reflecting a YoY increase of 34%.
    • Assets Under Management (AUM) in H1FY24 is Rs 47,957 crore, indicating a YoY increase of 34%.

Commenting on the results, Rakesh Rawal, Chief Executive Officer said, "It's remarkable how the Indian market has remained resilient, defying various challenges and highlighting the strength of our equity markets. With the steady economic growth, we anticipate a noticeable surge in the number of High Net-worth Individuals (HNIs) in the country. This underlines the growing need for expertise and uncomplicated wealth solutions that cater to the needs of HNIs.

In H1FY24, our revenue grew by 35% to Rs 368 crore, while our PAT increased by 34% to Rs 111 crore. Our success can be attributed to our uncomplicated and holistic approach, which has resulted in an impressive 34% YoY growth in AUM. Our AUM currently stands at Rs 47,957 crore.

Furthermore, we have expanded our client base to 9,212 families as of Sep 30, 2023, cementing our reputation as high-quality wealth solutions providers.

We have added 40 new Relationship Managers on a net basis over the past twelve months. A reflection of our entrepreneurial work culture is in the zero-regret RM attrition for Q2FY24.

Our client-centric approach has been a driving force behind our success so far, and we are confident that it will continue to fuel our growth trajectory in the future."

 

 

Result PDF

Other Financial Services company Anand Rathi Wealth announced Q1FY24 results:

  • Consolidated Q1FY24 vs Q1FY23:
    • Total Revenue: Rs 178 crore vs Rs 134 crore, up 33.6% YoY
    • Profit before Tax: Rs 71 crore vs Rs 53 crore, up 34% YoY
    • Profit After Tax: Rs 53 crore vs Rs 40 crore, up 34% YoY
    • EPS: Rs 12.8 vs Rs 9.5, up 33.8% YoY
    • AUM: Rs 43,413 crore vs Rs 32,961 crore, up 31.7% YoY
  • Consolidated Q1FY24 vs Q4FY23:
    • Total Revenue: Rs 178 crore vs Rs 147 crore, up 21.3% QoQ
    • Profit before Tax: s 71 crore vs Rs 60 crore, up 19.1% QoQ
    • Profit After Tax: Rs 53 crore vs Rs 43 crore, up 24.6% QoQ
    • EPS: Rs 12.8 vs Rs 10.3, up 24.6% QoQ
    • AUM: Rs 43,413 crore vs Rs 38,993 crore, up 11.3% QoQ

Commenting on the results, Rakesh Rawal, Chief Executive Officer said, “During Q1FY24, our total revenue stood at Rs 178 crore, a growth of 34% compared to Rs 134 crore in Q1FY23. This growth is also reflected in our PAT, which stood at Rs 53 crore, representing a growth of 34% compared to the PAT of Rs 40 crore during the same period last year. PAT Margins stood at 30%.

Our strong performance was further fueled by the robust growth in our Asset Under Management (AUM), which witnessed a 32% YoY increase, reaching Rs 43,413 crore. This growth was driven by the cumulative efforts of the team and favorable market conditions.

Additionally, we continued to expand our client base, adding 395 client families during Q1FY24. In terms of Relationship Managers, we successfully added 15 new RMs on a net basis this quarter.

We firmly believe that the Wealth Management sector holds immense potential, and this motivates us to remain committed to our vision of providing high-quality solutions that fulfill our clients' objectives.”

Commenting on the same, Feroze Azeez, Deputy Chief Executive Officer said, “The emergence of India as a strong player in the global economy has been a significant driver behind the growth of the Indian equity markets. We have 8,700 satisfied client families, of which 62% are with us for over 3 years and account for 80% of our AUM. At Anand Rathi Wealth, our core belief has always been centered around offering uncomplicated, standardized, and well-researched wealth solutions to our clients. This philosophy has enabled us to consistently achieve desired returns and enhance our client retention capabilities. Our client attrition rate is less than 1% in terms of AUM lost for Q1FY24 which speaks of the value we add for our clients.

As the Indian economy continues to expand and progress, coupled with a growing number of millionaires and billionaires in the country, we believe, there will be an immense opportunity for professional wealth managers."

 

Result PDF

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Union Cabinet is expected to consider the Insurance Amendment Bill that proposes major regulatory changes

Published on 12-Dec-2025 09:01

Mexico government has announced raising import tariffs on vehicles, two-wheelers, and auto parts

Mexico government has announced raising import tariffs on vehicles, two-wheelers, and auto parts

Published on 12-Dec-2025 09:00

Cipla launches Yurpeak (tirzepatide) therapy.

Cipla has announced the launch of Yurpeak (tirzepatide), a one-weekly injectable therapy for managing obesity and type 2 diabetes. 

Published on 11-Dec-2025 09:06

US Fed cuts interest rate range

US Federal Reserve cut interest rate to a range between 3.5% and 3.75%, the lowest level in almost 3-years at its 3rd consecutive meeting but signaled borrowing costs are unlikely to drop further in the near term. 

Published on 11-Dec-2025 09:05

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