| ₹ crore | Q2 FY27 | Q2 FY26 | Change |
|---|---|---|---|
| Revenue | 344 | 297 | +15.7% |
| EBITDA | 117 | 137 | −15.0% |
| EBITDA margin | 34.0% | 46.2% | −12.3 pts |
| Profit before tax | 117 | 134 | −12.8% |
| Net profit | 89.3 | 99.9 | −10.6% |
| EPS | ₹5.38 | ₹12.03 | −55.3% |
Amounts on the left scale in ₹ crore; per cent on the right, dashed. L = lakh crore, K = thousand crore. Touch the chart to read any period.
| Tap a line for its trend | Currentlast 12M | FY26Mar 2026 | FY25Mar 2025 | FY24Mar 2024 | FY23Mar 2023 | FY22 and earlierAlpha Plus |
|---|
| 18,801 | — | — | — | — | FY22 and earlierEvery year the company has filed comes with Alpha Plus. | |
| 295 | 242 | 45.3 | 34.3 | 60.2 | ||
| 14.3 | 13.7 | 13.7 | 12.7 | 11.9 | ||
| 17.0 | 17.0 | 21.8 | 8.5 | 36.7 | ||
| 18,537 | — | — | — | — | ||
| 1,243 | 1,149 | 939 | 724 | 549 | ||
| — | +22.3% | +29.7% | +32.0% | — | ||
| 442 | 481 | 400 | 304 | 239 | ||
| 35.5% | 41.9% | 42.6% | 41.9% | 43.5% | ||
| 405 | 447 | 375 | 284 | 222 | ||
| 456 | 397 | 301 | 226 | 169 | ||
| 36.7% | 34.6% | 32.0% | 31.2% | 30.7% | ||
| ₹54.76 | ₹47.69 | ₹36.11 | ₹27.10 | ₹20.28 | ||
| — | +32.0% | +33.3% | +33.6% | — | ||
| — | 281 | 244 | 278 | 84.2 | ||
| — | −13.3 | −35.8 | 0.0 | −16.9 | ||
| 268 | 268 | 208 | 278 | 67.3 | ||
From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.
In ₹ Crore except Per Share 12 Months Ending | FY23 31/03/2023 | FY24 31/03/2024 | FY25 31/03/2025 | FY26 31/03/2026 | Current/LTM TTM · last close | |
|---|---|---|---|---|---|---|
| Market Capitalization | — | — | — | — | 18,800.8 | |
| - Cash, Equiv & ST Investments | 60.2 | 34.3 | 45.3 | 242.1 | 295.4 | |
| + Minority Interest | 11.9 | 12.7 | 13.7 | 13.7 | 14.3 | |
| + Total Debt | 36.7 | 8.5 | 21.8 | 17.0 | 17.0 | |
| Enterprise Value | — | — | — | — | 18,536.8 | |
| Revenue | 548.6 | 724.3 | 939.1 | 1,148.8 | 1,243.4 | |
| Growth %, YoY | — | +32.0 | +29.7 | +22.3 | — | |
| EBITDA | 238.7 | 303.8 | 400.2 | 481.5 | 441.7 | |
| Margin % | 43.52 | 41.94 | 42.62 | 41.91 | 35.53 | |
| EBIT | 222.1 | 284.4 | 374.8 | 447.3 | 405.1 | |
| Net Income | 168.6 | 225.8 | 300.8 | 397.4 | 455.9 | |
| Margin % | 30.73 | 31.18 | 32.03 | 34.60 | 36.67 | |
| EPS, Adj (current shares) | 20.28 | 27.10 | 36.11 | 47.69 | 54.76 | |
| Growth %, YoY | — | +33.6 | +33.3 | +32.0 | — | |
| Cash from Operations | 84.2 | 277.6 | 244.1 | 281.0 | — | |
| Capital Expenditures | -16.9 | -0.0 | -35.8 | -13.3 | — | |
| Free Cash Flow | 67.3 | 277.6 | 208.3 | 267.6 | 267.6 | |
Prices at the 29 October 2026 close · figures from the company's filings with NSE
Anand Rathi Wealth (NSE: ANANDRATHI) had a market capitalisation of ₹37,691 crore at the 29 October 2026 close (₹2,270.00 a share), a PE ratio of 82.9 on the last four quarters' profit and a price-to-book ratio of 29.37. In FY26 its consolidated net profit was ₹396 crore on revenue of ₹1,149 crore; in Q2 FY27 (July–September 2026) it was ₹89 crore, down 10.5% year on year. Its debt-to-equity ratio was 0.01 on 30 September 2026. Promoters held 40.95% of the shares on 30 September 2026.
Anand Rathi Wealth's PE ratio is 82.9 at the 29 October 2026 close (₹2,270.00 a share): a market capitalisation of ₹37,691 crore divided by consolidated net profit of ₹455 crore over the last four quarters (Q3 FY26 to Q2 FY27). On FY26 net profit (₹396 crore) it is 95.2.
Anand Rathi Wealth's debt-to-equity ratio was 0.01 on 30 September 2026: borrowings of ₹15.4 crore against total equity of ₹1,298 crore. A year earlier, on 30 September 2025, it was 0.02.
Anand Rathi Wealth's book value per share was ₹77.29 on 30 September 2026: shareholders' equity of ₹1,283 crore divided by the 16.6 crore shares in issue. The share price at the 29 October 2026 close was ₹2,270.00.
Anand Rathi Wealth's price-to-book (PB) ratio is 29.37 at the 29 October 2026 close: a market capitalisation of ₹37,691 crore divided by shareholders' equity (book value) of ₹1,283 crore on 30 September 2026. That is a book value of ₹77.29 per share against a share price of ₹2,270.00.
Anand Rathi Wealth's net worth — shareholders' equity in its consolidated balance sheet — was ₹1,283 crore on 30 September 2026, up 58.7% from ₹809 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹37,691 crore at the 29 October 2026 close.
In FY26, Anand Rathi Wealth's return on equity (ROE) was 47.4% and its return on capital employed (ROCE) was 47.9%. ROE is net profit divided by average shareholders' equity (the start and end of the year); ROCE is operating profit (EBIT) divided by average capital employed (total assets less current liabilities). In FY25, ROE was 45.3% and ROCE 51.1%.
Anand Rathi Wealth's market capitalisation was ₹37,691 crore at the 29 October 2026 close: 16.6 crore shares at ₹2,270.00 each.
No. Anand Rathi Wealth had borrowings of ₹15.4 crore on 30 September 2026 (consolidated balance sheet), a debt-to-equity ratio of 0.01. Its cash and current investments were ₹295 crore, so it held net cash of ₹280 crore.
Anand Rathi Wealth's basic earnings per share (EPS) were ₹36.17 in FY26, against ₹36.17 in FY25.
In 2026, Anand Rathi Wealth has declared two dividends totalling ₹11 a share: ₹7 with record date 15 May 2026 and ₹4 (interim) with record date 15 October 2026.
In FY26, Anand Rathi Wealth generated ₹281 crore of cash from operations and spent ₹13.3 crore on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of ₹268 crore. In FY25 it was ₹208 crore.
Anand Rathi Wealth has reported Q2 FY27. Its next results, for Q3 FY27 (October–December 2026), are due by 14 February 2027 under SEBI's 45-day rule; the company notifies the board-meeting date at least two working days before.
Promoters held 40.95% of Anand Rathi Wealth on 30 September 2026, down 0.42 percentage points from 41.37% the previous quarter and down 1.77 percentage points from 42.72% a year earlier, according to the shareholding pattern filed with NSE.
Anand Rathi Wealth's latest results are for Q2 FY27 (July–September 2026), filed on 9 October 2026: consolidated net profit ₹89 crore, down 10.5% from ₹99.4 crore in Q2 FY26; revenue from operations ₹344 crore, up 15.7% year on year.
In FY26 (April 2025–March 2026), Anand Rathi Wealth's consolidated net profit was ₹396 crore, up 32.0% from ₹300 crore in FY25, on revenue from operations of ₹1,149 crore (up 22.3%). Over three years, from FY23, net profit was up 135.1%.
On 30 September 2026, Anand Rathi Wealth's shares were held by promoters 40.95%, foreign portfolio investors (FII/FPI) 6.64%, domestic institutions (DII) 10.25% (including mutual funds at 9.27%) and retail and other non-institutional investors 42.16%. Over the year, FII holding was up 1.08 percentage points from 5.56% and DII holding was up 1.51 percentage points from 8.74%.
At the 29 October 2026 closing prices, on FY26 net profit, Anand Rathi Wealth's PE ratio is 95.2, the highest of the four: 360 ONE WAM 34.3, Nuvama Wealth Management 31.3 and Angel One 29.3, a peer average of 31.6. Each is the company's market capitalisation at that price divided by its FY26 net profit.
In FY26, Anand Rathi Wealth earned net profit of ₹396 crore on revenue of ₹1,149 crore, against ₹1,216 crore on ₹4,362 crore for 360 ONE WAM. Anand Rathi Wealth's operating margin was 38.9% (360 ONE WAM 58.5%) and its return on equity 47.4% (360 ONE WAM 14.4%). At the 29 October 2026 close, Anand Rathi Wealth's market capitalisation was ₹37,691 crore against ₹41,716 crore for 360 ONE WAM, and its PE ratio on FY26 profit 95.2 against 34.3.
On FY26 consolidated figures, against 360 ONE WAM, Nuvama Wealth Management and Angel One: Anand Rathi Wealth's operating margin of 38.9% is the third highest of the four (360 ONE WAM 58.5%, Nuvama Wealth Management 50.3%, Angel One 33.0%; peer average 47.3%); its return on equity of 47.4% is the highest of the four (360 ONE WAM 14.4%, Nuvama Wealth Management 27.4%, Angel One 15.6%; peer average 19.1%); its revenue growth over three years of 27.9% a year is the second highest of the four (360 ONE WAM 30.2% a year, Nuvama Wealth Management 27.9% a year, Angel One 19.6% a year; peer average 25.9% a year).
From Anand Rathi Wealth's own consolidated results, balance sheets and shareholding patterns filed with NSE, and NSE prices (the latest used here: the 29 October 2026 close). Ratios are calculated by Alphave from those filings as each answer describes.
Consolidated figures from the company's filings with NSE; prices are NSE closing prices.