Anand Rathi shares rally 2% as Q3 net profit jumps 30% to Rs 100 crore

Published 4 hours ago
Source: economictimes.indiatimes.com
Shares of Anand Rathi Wealth Limited jumped 2% to their day’s high of Rs 3,191.70 on the BSE today (January 13), after the company reported a decent set of numbers for the quarter ended December of the financial year 2026.The company reported a 30% jump in its December quarter net profit at Rs 100 crore compared to Rs 77 crore in the year-ago period. Its total revenue stood at Rs 306 crore in the quarter under review, marking a jump of 25% over Rs 244 crore reported by the brokerage firm during the same quarter last year. For the nine months ended December 31, 2025, the profit after tax (PAT) rose 29% YoY while the topline grew 21%.Anand Rathi's Assets Under Management (AUM) witnessed a 30% jump in Q3FY26 to Rs 99,008 crore versus Rs 76,402 crore in the year ago period.The mutual fund distribution revenue rose by 21% YoY to 366 crore while net inflows were up 10% YoY to 10,078 crore. The equity mutual fund net inflows increased by 4% YoY to 6,082 crore. The return on equity (ROE) on an annualised basis stood at 47%.Active client families rose 16% year-on-year to 13,262, while the number of relationship managers increased to 393 in 9MFY26 from 383 a year earlier. Digital Wealth AUM climbed 29% YoY to Rs 2,359 crore, and the Omni Financial Advisor (OFA) subscriber base expanded to 6,850 from 6,273 last year.Commenting on the performance, CEO Rakesh Rawal said Anand Rathi Wealth delivered another quarter of steady, market-agnostic growth.Sensex, Nifty today: Catch all the LIVE stock market action here For the first nine months of FY26, profit after tax (PAT) grew 29% year-on-year to Rs 294 crore, while revenue rose 21% to Rs 897 crore. The company has achieved 76% of its full-year revenue guidance of Rs 1,175 crore and 78% of its PAT guidance of Rs 375 crore during this period, Rawal said.Assets under management (AUM) stood at Rs 99,008 crore, marking a 30% YoY increase, driven by healthy net inflows and strong client engagement. Net inflows during the nine months of FY26 were Rs 10,078 crore, and over 1,800 clients were added in the past year, taking the total client base to 13,262 families. Client attrition, measured by AUM lost, remained low at 0.31% for 9MFY26, underscoring sustained trust in the firm’s simple, client-focused approach.(Disclaimer: The recommendations, suggestions, views, and opinions given by the experts are their own. These do not represent the views of The Economic Times.)