Anand Rathi Wealth Ltd.
ANANDRATHIFinancial Services filings
We hold this company’s filings and have not read the financial statements out of them yet. Every filing on record is listed under filings, and each one opens.
Earnings calls
32 transcript(s)/analyst meet(s) served; 14 document(s) on file are not transcripts (cover letters, duplicates, unresolved) and are excluded. Speaker attribution is shown only where the segmenter attributes ≥ 95% of sentences to management or analysts (0 of 32 documents here); elsewhere sentences render unattributed.
| Kind | Date | Period | Served | Attribution rate |
|---|---|---|---|---|
| TRANSCRIPT | 20220419 | 2022-03-31 | yes | |
| TRANSCRIPT | 20220719 | 2022-06-30 | yes | |
| TRANSCRIPT | 20221019 | 2022-09-30 | yes | |
| TRANSCRIPT | 20230118 | 2022-12-31 | yes | |
| COVER_LETTER | 20230413 | 2023-03-31 | no | |
| TRANSCRIPT | 20230419 | 2023-03-31 | yes | |
| COVER_LETTER | 20230713 | 2023-06-30 | no | |
| TRANSCRIPT | 20230719 | 2023-06-30 | yes | |
| COVER_LETTER | 20231013 | 2023-09-30 | no | |
| TRANSCRIPT | 20231019 | 2023-09-30 | yes | |
| COVER_LETTER | 20240115 | 2023-12-31 | no | |
| TRANSCRIPT | 20240119 | 2023-12-31 | yes | |
| COVER_LETTER | 20240415 | 2024-03-31 | no | |
| TRANSCRIPT | 20240420 | 2024-03-31 | yes | |
| COVER_LETTER | 20240712 | 2024-06-30 | no | |
| TRANSCRIPT | 20240718 | 2024-06-30 | yes | |
| COVER_LETTER | 20241011 | 2024-09-30 | no | |
| TRANSCRIPT | 20241017 | 2024-09-30 | yes | |
| COVER_LETTER | 20250114 | 2024-12-31 | no | |
| TRANSCRIPT | 20250118 | 2024-12-31 | yes | |
| COVER_LETTER | 20250411 | 2025-03-31 | no | |
| TRANSCRIPT | 20250419 | 2025-03-31 | yes | |
| COVER_LETTER | 20250711 | 2025-06-30 | no | |
| COVER_LETTER | 20251014 | 2025-09-30 | no | |
| TRANSCRIPT | 20251018 | 2025-09-30 | yes | |
| COVER_LETTER | 20260113 | 2025-12-31 | no | |
| TRANSCRIPT | 20260119 | 2025-12-31 | yes | |
| TRANSCRIPT | 20250717 | 2026-03-31 | yes | |
| COVER_LETTER | 20260410 | 2026-03-31 | no | |
| TRANSCRIPT | 20260414 | 2026-03-31 | yes | |
| COVER_LETTER | 20260710 | 2026-06-30 | no | |
| TRANSCRIPT | 20260715 | 2026-06-30 | yes |
ANANDRATHI
files the standard Schedule III statements. Every figure below opens to the filing it was read from; where a figure is not shown, the reason is printed in its place.
Identity
| Statement division | general |
| Scope served | consolidated |
| Panels on this page | 4 |
Market
The closes are adjusted for every split and bonus on record inside the period this series covers, and each adjustment is checked against the price move on its ex-date.
| Last close | 2,167.40 |
| 52-week range | 1405.9 – 2229.5 |
| Return 1M | 0.14% |
| Return 3M | 12.16% |
| Return 1Y | 50.39% |
| Return 3Y | 433.37% |
| Return 5Y | not reported for this period |
| Market capitalisation | not shown — we could not confirm it |
| Shares outstanding | not shown — we could not confirm it |
| P/E | not shown — we could not confirm it |
| P/B | not shown — we could not confirm it |
| EV/EBITDA | not shown — we could not confirm it |
Latest quarter filed — period ending 2026-06-30
In INR crore except per-share figures. `period_id` is the period the filing names for the number; the date beside each cell is when it was filed.
| Revenue from operations | 322.00 |
| Other income | 110.00 |
| Total income | 432.00 |
| Cost of materials consumed | 0.00 |
| Purchases of stock-in-trade | 0.00 |
| Changes in inventories | 0.00 |
| Employee benefit expense | 176.00 |
| Finance costs | 4.00 |
Ownership — 2026-06-30, and the change from 2026-06-04
| Holder | Per cent | Change |
|---|---|---|
| promoter and promoter group | 0.41 | 0.00 |
| institutions foreign | 0.06 | -0.00 |
| institutions domestic | 0.10 | 0.01 |
| mutual funds | 0.09 | 0.00 |
| public | 0.59 | 0.00 |
Documents on file
| Class | Most recent | On file |
|---|---|---|
| COVER_LETTER | 2026-06-30 | 14 |
| TRANSCRIPT | 2026-06-30 | 18 |
Financial statements
Filed results, consolidated, in INR crore except per-share figures. Every figure opens to the filing it was read from. Quarterly and annual columns are the periods the filing itself names, never a document date.
Quarterly results, as filed
| Line | 2022-09-30 | 2022-12-31 | 2023-03-31 | 2023-06-30 | 2023-09-30 | 2023-12-31 | 2024-03-31 | 2024-06-30 | 2024-09-30 | 2024-12-31 | 2025-03-31 | 2025-06-30 | 2025-09-30 | 2025-12-31 | 2026-03-31 | 2026-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 136.00 | 138.00 | 143.00 | 175.00 | 183.00 | 182.00 | 184.00 | 238.00 | 242.00 | 237.00 | 222.00 | 274.00 | 297.00 | 290.00 | 288.00 | 322.00 |
| Other income | 2.00 | 2.00 | 4.00 | 3.00 | 6.00 | 5.00 | 13.00 | 8.00 | 7.00 | 7.00 | 19.00 | 10.00 | 10.00 | 16.00 | 68.00 | 110.00 |
| Total income | 138.00 | 140.00 | 147.00 | 178.00 | 189.00 | 187.00 | 197.00 | 245.00 | 250.00 | 244.00 | 241.00 | 284.00 | 307.00 | 306.00 | 356.00 | 432.00 |
| Cost of materials consumed | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Purchases of stock-in-trade | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Changes in inventories | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Employee benefit expense | 59.00 | 59.00 | 63.00 | 79.00 | 81.00 | 78.00 | 84.00 | 109.00 | 109.00 | 101.00 | 101.00 | 115.00 | 125.00 | 122.00 | 168.00 | 176.00 |
| Finance costs | 1.00 | 1.00 | 1.00 | 1.00 | 2.00 | 2.00 | 2.00 | 1.00 | 3.00 | 4.00 | 4.00 | 4.00 | 5.00 | 4.00 | 3.00 | 4.00 |
| Depreciation and amortisation | 4.00 | 4.00 | 4.00 | 5.00 | 5.00 | 5.00 | 5.00 | 6.00 | 6.00 | 7.00 | 7.00 | 8.00 | 8.00 | 9.00 | 10.00 | 9.00 |
| Other expenses | 17.00 | 17.00 | 19.00 | 23.00 | 24.00 | 24.00 | 27.00 | 31.00 | 29.00 | 29.00 | 30.00 | 31.00 | 35.00 | 37.00 | 35.00 | 37.00 |
| Total expenses | 81.00 | 82.00 | 88.00 | 108.00 | 111.00 | 109.00 | 118.00 | 146.00 | 147.00 | 140.00 | 142.00 | 158.00 | 173.00 | 170.00 | 216.00 | 226.00 |
| Profit before exceptional items and tax | 58.00 | 58.00 | 59.00 | 71.00 | 78.00 | 78.00 | 79.00 | 99.00 | 102.00 | 104.00 | 99.00 | 126.00 | 134.00 | 135.00 | 140.00 | 206.00 |
| Exceptional items | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | 58.00 | 58.00 | 59.00 | 71.00 | 78.00 | 78.00 | 79.00 | 99.00 | 102.00 | 104.00 | 99.00 | 126.00 | 134.00 | 135.00 | 140.00 | 206.00 |
| Current tax | 15.00 | 15.00 | 14.00 | 19.00 | 19.00 | 19.00 | 20.00 | 26.00 | 27.00 | 26.00 | 23.00 | 32.00 | 35.00 | 35.00 | 22.00 | 28.00 |
| Deferred tax | 0.00 | 1.00 | 3.00 | -1.00 | 1.00 | 1.00 | 2.00 | -0.00 | -1.00 | 1.00 | 3.00 | 1.00 | -1.00 | -0.00 | 15.00 | 15.00 |
| Tax expense | 15.00 | 15.00 | 17.00 | 18.00 | 20.00 | 20.00 | 22.00 | 26.00 | 26.00 | 27.00 | 26.00 | 32.00 | 34.00 | 35.00 | 37.00 | 43.00 |
| Profit for the period | 43.00 | 43.00 | 43.00 | 53.00 | 58.00 | 58.00 | 57.00 | 73.00 | 76.00 | 77.00 | 74.00 | 94.00 | 100.00 | 100.00 | 103.00 | 163.00 |
| Profit attributable to owners | 43.00 | 43.00 | 43.00 | 53.00 | 57.00 | 58.00 | 57.00 | 73.00 | 76.00 | 77.00 | 73.00 | 94.00 | 99.00 | 100.00 | 103.00 | 163.00 |
| Profit attributable to non-controlling interests | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.00 | 0.00 | 0.00 | 0.00 |
| Other comprehensive income | -0.00 | -0.00 | -0.00 | 0.00 | -0.00 | 0.00 | 0.00 | -2.00 | -1.00 | -1.00 | -1.00 | 1.00 | -1.00 | 0.00 | -0.00 | 0.00 |
| Total comprehensive income | 43.00 | 43.00 | 43.00 | 54.00 | 57.00 | 58.00 | 57.00 | 72.00 | 76.00 | 77.00 | 73.00 | 95.00 | 99.00 | 100.00 | 103.00 | 163.00 |
| Earnings per share, basic | 10.31 | 10.38 | 10.25 | 12.77 | 13.83 | 13.91 | 13.62 | 17.56 | 18.32 | 18.58 | 8.87 | 11.31 | 12.03 | 12.07 | 12.46 | 9.82 |
| Earnings per share, diluted | 10.29 | 10.35 | 10.20 | 12.71 | 13.78 | 13.87 | 13.60 | 17.54 | 18.32 | 18.58 | 8.87 | 11.31 | 12.03 | 12.07 | 12.28 | 9.67 |
Annual results, as filed
| Line | 2022-03-31 | 2023-03-31 | 2024-03-31 | 2025-03-31 | 2026-03-31 |
|---|---|---|---|---|---|
| Revenue from operations | 417.00 | 549.00 | 724.00 | 939.00 | 1,149.00 |
| Other income | 8.00 | 10.00 | 28.00 | 42.00 | 104.00 |
| Total income | 426.00 | 558.00 | 752.00 | 981.00 | 1,253.00 |
| Cost of materials consumed | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Purchases of stock-in-trade | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Changes in inventories | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Employee benefit expense | 191.00 | 242.00 | 322.00 | 420.00 | 530.00 |
| Finance costs | 2.00 | 4.00 | 6.00 | 12.00 | 16.00 |
| Depreciation and amortisation | 16.00 | 17.00 | 19.00 | 25.00 | 34.00 |
| Other expenses | 49.00 | 68.00 | 98.00 | 119.00 | 137.00 |
| Total expenses | 258.00 | 330.00 | 446.00 | 576.00 | 717.00 |
| Profit before exceptional items and tax | 168.00 | 228.00 | 306.00 | 405.00 | 536.00 |
| Exceptional items | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | 168.00 | 228.00 | 306.00 | 405.00 | 536.00 |
| Current tax | 40.00 | 56.00 | 76.00 | 101.00 | 124.00 |
| Deferred tax | 0.00 | 3.00 | 4.00 | 3.00 | 15.00 |
| Tax expense | 41.00 | 60.00 | 80.00 | 104.00 | 139.00 |
| Profit for the period | 127.00 | 169.00 | 226.00 | 301.00 | 397.00 |
| Profit attributable to owners | — | 168.00 | 225.00 | 300.00 | 396.00 |
| Profit attributable to non-controlling interests | — | 0.00 | 1.00 | 1.00 | 2.00 |
| Other comprehensive income | 0.00 | -1.00 | -0.00 | -3.00 | -0.00 |
| Total comprehensive income | 127.00 | 168.00 | 226.00 | 297.00 | 397.00 |
| Earnings per share, basic | 30.49 | 40.46 | 54.10 | 36.17 | 36.17 |
| Earnings per share, diluted | 30.36 | 40.28 | 54.03 | 36.17 | 36.17 |
Balance sheet, as filed
| Line | 2022-09-30 | 2023-03-31 | 2023-09-30 | 2024-03-31 | 2024-09-30 | 2025-03-31 | 2025-09-30 | 2026-03-31 |
|---|---|---|---|---|---|---|---|---|
| Total assets | 620.00 | 624.00 | 780.00 | 880.00 | 850.00 | 961.00 | 1,120.00 | 1,329.00 |
| Non-current assets | 270.00 | 276.00 | 294.00 | 271.00 | 289.00 | 437.00 | 423.00 | 463.00 |
| Current assets | 350.00 | 342.00 | 486.00 | 609.00 | 562.00 | 524.00 | 696.00 | 866.00 |
| Property, plant and equipment | 104.00 | 111.00 | 125.00 | 132.00 | 91.00 | 173.00 | 177.00 | 181.00 |
| Capital work-in-progress | 0.00 | 0.00 | 0.00 | 1.00 | 1.00 | 0.00 | — | — |
| Goodwill | 3.00 | 3.00 | 3.00 | 3.00 | 3.00 | 2.00 | 2.00 | 2.00 |
| Other intangible assets | 25.00 | 22.00 | 20.00 | 17.00 | 74.00 | 13.00 | 10.00 | 8.00 |
| Inventories | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Trade receivables | 16.00 | 17.00 | 22.00 | 28.00 | 36.00 | 35.00 | 41.00 | 43.00 |
| Cash and cash equivalents | 199.00 | 60.00 | 175.00 | 33.00 | 119.00 | 44.00 | 92.00 | 241.00 |
| Total equity and liabilities | 620.00 | 624.00 | 780.00 | 880.00 | 850.00 | 961.00 | 1,120.00 | 1,329.00 |
| Equity | 413.00 | 480.00 | 565.00 | 662.00 | 567.00 | 688.00 | 823.00 | 1,012.00 |
| Equity share capital | 21.00 | 21.00 | 21.00 | 21.00 | 21.00 | 42.00 | 42.00 | 42.00 |
| Other equity | 381.00 | 447.00 | 532.00 | 628.00 | 533.00 | 632.00 | 767.00 | 957.00 |
| Total liabilities | 207.00 | 144.00 | 215.00 | 218.00 | 284.00 | 274.00 | 297.00 | 317.00 |
| Non-current liabilities | 23.00 | 27.00 | 34.00 | 41.00 | 59.00 | 78.00 | 76.00 | 91.00 |
| Current liabilities | 184.00 | 117.00 | 181.00 | 177.00 | 225.00 | 196.00 | 221.00 | 226.00 |
| Borrowings, non-current | 12.00 | 23.00 | 4.00 | 0.00 | 0.00 | 18.00 | 16.00 | 13.00 |
| Borrowings, current | 8.00 | 14.00 | 8.00 | 8.00 | 4.00 | 4.00 | 4.00 | 4.00 |
| Trade payables | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Cash flow, as filed
| Line | 2022-09-30 | 2023-03-31 | 2023-09-30 | 2024-03-31 | 2024-09-30 | 2025-03-31 | 2025-09-30 | 2026-03-31 |
|---|---|---|---|---|---|---|---|---|
| Net cash from operating activities | 167.00 | 84.00 | 229.00 | 278.00 | 251.00 | 244.00 | 114.00 | 281.00 |
| Net cash from investing activities | -21.00 | -43.00 | -79.00 | -237.00 | 90.00 | 46.00 | 9.00 | 64.00 |
| Net cash from financing activities | -34.00 | -64.00 | -40.00 | -72.00 | -255.00 | -279.00 | -75.00 | -142.00 |
| Purchase of property, plant and equipment | 0.00 | 17.00 | 2.00 | 0.00 | 4.00 | 36.00 | 7.00 | 13.00 |
| Net increase in cash | 112.00 | -23.00 | 110.00 | -32.00 | 86.00 | 11.00 | 48.00 | 202.00 |
| con:CFO.BEFORE_TAX | 184.00 | 133.00 | 268.00 | 323.00 | 300.00 | 347.00 | 159.00 | 412.00 |
| con:INTEREST_RECEIVED.OPERATING | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:INTEREST_PAID.OPERATING | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:DIVIDENDS_RECEIVED.OPERATING | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:TAX_PAID.OPERATING | 17.00 | 49.00 | 41.00 | 46.00 | 52.00 | 103.00 | 48.00 | 131.00 |
| con:CF_OTHER.OPERATING | 0.00 | 0.00 | 2.00 | 0.00 | 3.00 | 0.00 | 3.00 | 0.00 |
| con:INVESTMENTS_PURCHASED | 0.00 | 0.00 | 745.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.00 |
| con:INVESTMENTS_SOLD | 0.00 | 0.00 | 745.00 | 0.00 | 0.00 | 0.00 | 0.00 | 5.00 |
| con:PPE_DISPOSALS | -13.00 | 0.00 | 0.00 | -5.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:CF_INVESTING.SUBSIDIARIES_SOLD | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:CF_INVESTING.SUBSIDIARIES_ACQUIRED | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:CF_INVESTING.JV_SOLD | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:CF_INVESTING.JV_ACQUIRED | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Who owns it
The shareholding pattern filed with the exchange every quarter, as a series. Percentages are of total shares. Each figure names the filing it was read from and the date it was filed.
| Holder | 2023-09-30 | 2023-12-31 | 2024-03-31 | 2024-06-30 | 2024-09-30 | 2024-12-31 | 2025-03-06 | 2025-03-31 | 2025-06-30 | 2025-09-30 | 2025-12-31 | 2026-03-31 | 2026-06-04 | 2026-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoter and promoter group | 48.69 | 48.20 | 48.03 | 48.09 | 47.99 | 47.99 | 47.27 | 47.29 | 0.43 | 0.43 | 0.43 | 0.43 | 0.41 | 0.41 |
| Domestic institutions | 10.26 | 9.16 | 8.78 | 8.33 | 7.96 | 7.81 | 7.19 | 7.21 | 0.08 | 0.09 | 0.09 | 0.09 | 0.09 | 0.10 |
| Mutual funds | — | — | — | — | — | — | — | — | 0.08 | 0.08 | 0.09 | 0.09 | 0.09 | 0.09 |
| Insurance companies | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.01 | 0.01 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 |
| Foreign institutions | 1.84 | 3.00 | 4.86 | 5.02 | 5.32 | 5.74 | 5.37 | 4.85 | 0.05 | 0.06 | 0.07 | 0.06 | 0.07 | 0.06 |
| Government | — | — | — | — | — | — | — | — | — | — | — | — | 0.00 | 0.00 |
| Public | 51.31 | 51.80 | 51.97 | 51.91 | 52.01 | 52.01 | 52.73 | 52.71 | 0.57 | 0.57 | 0.57 | 0.57 | 0.59 | 0.59 |
| Non-institutional | 39.21 | 39.64 | 38.34 | 38.57 | 38.73 | 38.45 | 40.17 | 40.63 | 0.44 | 0.43 | 0.41 | 0.42 | 0.42 | 0.42 |
| Shares outstanding | 41740267 | 41740267 | 41828297 | 41458297 | 41510317 | 41510317 | 83020634 | 83020634 | 83020634 | 83020634 | 83020634 | 83020634 | 166041268 | 166041268 |
Related parties
Transactions with related parties as disclosed to the exchange for the period ending 2024-09-30, by counterparty, largest first. Amounts are as filed. Each row names the filing and the date it was filed.
| Counterparty | Relationship | Type | Amount in the period | Transactions |
|---|---|---|---|---|
| Anand Rathi Global Finance Ltd | Group Company | Any other transaction, Purchase of goods or services | 27,111,900,000.00 | 3 |
| Anand Rathi Financial Services Ltd | Group Company | Any other transaction, Purchase of goods or services | 2,078,800,000.00 | 8 |
| AR Digital Wealth Private Ltd | Subsdiary Company | Purchase of goods or services, Sale of goods or serv | 418,500,000.00 | 4 |
| Anand Rathi Share and Stock Brokers Limited | Group Company | Any other transaction, Inter-corporate deposit, Inte | 399,600,000.00 | 10 |
| Ffreedom Intermediary Infrastructures Private Limited | Subsdiary Company | Purchase of goods or services, Sale of goods or serv | 283,100,000.00 | 4 |
| Anand Rathi Wealth Limited | Holding Company | Purchase of goods or services, Sale of goods or serv | 135,400,000.00 | 4 |
| Anand Rathi IT Private Limited | Group Company | Any other transaction | 54,900,000.00 | 7 |
| Anand Rathi Share & Stock Brokers Ltd | Group Company | Any other transaction, Purchase of goods or services | 33,500,000.00 | 4 |
| Asha Leasing and Finance Pvt Limited | Group Company | Any other transaction | 20,000,000.00 | 1 |
| Anand Rathi Insurance Brokers Limited | Group Company | Any other transaction | 0.00 | 1 |
| Sapphire Human Solutions Private Limited | Group Company | Any other transaction | 0.00 | 1 |
| Aqua Proof Wall Plast Private Limited | Group Company | Inter-corporate deposit, Interest received, Purchase | 0.00 | 7 |
| Priti Pradeep Gupta | Promoter Group | Purchase of goods or services, Sale of goods or serv | 0.00 | 2 |
| Supriya Rathi | Promoter Group | Purchase of goods or services, Sale of goods or serv | 0.00 | 2 |
| Anand Rathi Advisors Limited | Group Company | Any other transaction | 0.00 | 1 |
What management said
Every earnings call we hold for this company, read in full. Prepared remarks are separated from the question-and-answer session and every paragraph names who said it and on which page. These are management’s own words, not filed figures.
| Date | Quarter | Who spoke | |
|---|---|---|---|
| 2026-07-15 | Q1FY27 | Read the call | |
| 2026-04-14 | FYFY26 | Read the call | |
| 2026-01-19 | Read the call | ||
| 2025-10-18 | H1FY26 | Private Wealth. uncomplicated | Read the call |
| 2025-07-17 | FYFY26 | Read the call | |
| 2025-04-19 | FYFY25 | Private Wealth. uncomplicated | Read the call |
| 2025-01-18 | Private Wealth. uncomplicated | Read the call | |
| 2024-10-17 | H1FY25 | Read the call | |
| 2024-07-18 | Q1FY25 | Private Wealth. uncomplicated | Read the call |
| 2024-04-20 | Q4FY24 | ANANDRATHI | Read the call |
| 2024-01-19 | Q3FY24 | Read the call | |
| 2023-10-19 | H1FY24 | Pirivale We,alth. uncom1p icated, Private Wealth. uncomplicated | Read the call |
| 2023-07-19 | Q1FY24 | Read the call | |
| 2023-04-19 | Q4FY23 | OFFICER, PRODUCT AND RESEARCH | Read the call |
| 2023-01-18 | Read the call | ||
| 2022-10-19 | H1FY23 | PRODUCT AND RESEARCH | Read the call |
| 2022-07-19 | Q1FY23 | Read the call | |
| 2022-04-19 | Q4FY22 | Read the call |
Some earlier announcements under this heading are covering letters only — no transcript was attached.
What they said about it, quarter by quarter
| Topic | Q1FY23 | Q1FY24 | Q1FY25 | Q1FY27 | Q3FY24 | Q4FY22 | Q4FY23 | Q4FY24 |
|---|---|---|---|---|---|---|---|---|
| Capex | — | — | — | — | — | — | — | — |
| Capital allocation | My first question is on clearly the new client acquisition as well as the net flow accretion during the quarter has been fairly impressive, if we were… | So, to answer your pointed question, we are nowhere close to having quenched our thirst in terms of new client acquisition. | So that's the client acquisition strategy. | — | — | We continue to generate substantial cash in the business and of course the business does not require money and we have seen by international examples … | 40.5 per share for FY '23, the company has proposed to pay 30% as total dividend that is Rs. | In line with our commitment to rewarding shareholders, the Board has recommended a final dividend of Rs. |
| Costs | — | — | — | If I remember right, we have about INR55,000 crores in equity, INR4,500 crores in debt, and some structured products and some raw material which gets … | See, when we get assets, that's our raw material for the subsequent quarters. | — | — | Others is raw material for our alignment process. |
| Debt and cash | — | — | — | — | — | — | So there is significant amount of increase in other financial assets, as we can see from cash flow. | — |
| Demand | — | — | Or do we see shifting it to different range, like say, Rs 10 crores to Rs 100 crores now looking at how markets are performing in the pipeline, how do… | — | — | — | — | And I think we will not be limited by demand for small cap stocks, but the supply of small cap stocks and its free float. |
| Guidance | So if you could just help us, one is clearly what will be our strategy going forward as well and let us say if markets were to stabilize and improve f… | — | With this, we anticipate a noticeable increase in the number of high-net-worth individuals in the country and thus creating a huge growth potential fo… | One person who has consistently given us guidance on this earnings call. | — | I think the run rate would increase, if you look at the number of RMs, we expect 0.7-0.8 per month per RM, new acquisition, that's our target. | Friends, despite short-term volatility, the mid and long-term outlook for the Indian equity market seems highly promising. | But there could be incidental higher yields and since there is another variable which is not in your control the restoration of 30 can happen if there… |
| Margin | So given that the large part of our employee costs or a large part of Opex actually becomes more revenue linked or performance driven is it fair to as… | — | — | — | — | But because we buy it and then we house it and sell it we may have some margin in terms of when you are selling. | Profit before tax margin stood at 40.4% in Q4 FY '23 and 40.8% in FY '23. | That's why I am not speaking of operating leverage. |
| People | The client attrition is very minimal for us. | Firstly, what we look at is client - RM addition is one of the verticals, which people can extrapolate on an excel sheet reasonably easily by hiring a… | You would not see – It is seldom found that 4 quarters, no RM attrition. | And since this business, the key crux is what's your client attrition, what's your RM attrition. | Our strategy has been hiring best people from smaller brands, okay? | — | Okay, and you would be also happy to note that last quarter when we declared our result, our regret attrition was zero. | Again, for the third consecutive quarter, we have had zero regret RM attrition. |
| Pricing | — | Okay, the same product gives me more revenues if issued by Nuvama, and that's the great part to put evidence to the transfer pricing or arm's length p… | — | So higher the restriction on high-frequency traders or learner people who actually operate their computers, supercomputers on Black-Scholes pricing mo… | — | — | — | — |
| Revenue growth | One is the embedded growth of the portfolios. | — | We are one of the few companies which have given a median growth of 33% for the 11 quarters (it is for last 9 quarters). | One is implied growth or an embedded growth of returns of clients, okay? | — | So in your underlying assumption of around 22% AUM growth, would you assume the industry also to growth at a similar level? | 115 crores, in Q4 FY '22, registering a growth of 28% Y-o-Y. | This is evident in our consolidated assets under management growth of 52% year-on-year and which now stands at Rs. |
What they said they would do
Sentences in which management set an expectation. Each names the speaker and the page of the transcript it came from.
| Date | Quarter | Who | What they said |
|---|---|---|---|
| 2024-04-20 | Q4FY24 | ANANDRATHI | So, if you could just kindly delve a little more into your guidance of 24% PAT growth and a 21% AUM growth. |