Anand Rathi Wealth shares gain 6% as Q1 profit jumps 28% y-o-y

Anand Rathi Wealth stock traded 4.72% positive on the BSE at ₹2,222 as at 9.59 am, after soaring to a high of ₹2,250.

Shares of Anand Rathi Wealth zoomed 6 per cent in early trade on Friday after the company reported over 28 per cent year-on-year (y-o-y) jump in PAT at ₹94 crore for the quarter ended June 2025.

The Mumbai-based company posted a PAT of ₹73.4 crore in the same quarter last year.

Its total income rose 16 per cent to ₹284.26 crore in the June quarter FY26 against ₹245.42 crore in the year-ago period.

The assets under management (AUM) increased by 27 per cent (y-o-y) to ₹87,797 crore in the quarter under review.

The management stated, “We achieved highest-ever quarterly net inflows of ₹3,825 crore and onboarded 598 new client families (net) in Q1 FY26, taking the total families served to 12,330.”

The company further said that the client attrition (measured by AUM lost) remained low at 0.11 per cent.

The revenue guidance given for FY26, as per the investors presentation, is ₹1,175 crore and ₹375 crore for PAT.

“Given this potential and the strong business, we have built, we are confident of achieving our guidance,” the management added.

The wealth management firm caters to high and ultra-high-net-worth individuals. It operates across 18 cities in India, has a representative office in Dubai, and is setting up new offices in London and Bahrain.

Domestic brokerage Motial Oswal observed that Anand Rathi Wealth has consistently outperformed its stated guidance. The brokerage reiterated neutral rating at ₹1,900 target price. It expects the company to post a CAGR of 19 per cent in AUM & PAT each and 17 per cent in revenue during FY25-27E.

The stock traded 4.72 per cent positive on the BSE at ₹2,222 as at 9.59 am, after soaring to a high of ₹2,250.

Published on July 11, 2025