Latest news with #AnandRathiWealth
Business Standard
a day ago
- Business
- Business Standard
Anand Rathi Wealth drops on profit booking after sharp rally
Anand Rathi Wealth dropped 3.86% to Rs 2448.15 as investors locked in gains following a strong rally over the past few sessions. The stock had surged 22.29% in the previous four trading days and is up 25.33% over the past year. The recent buying spree was driven by the company's robust Q1 FY26 performance. The company reported a 27.8% jump in consolidated net profit to Rs 93.62 crore on 15.8% increase in total income to Rs 284.26 crore in Q1 FY26 over Q1 FY25. Profit before tax (PBT) stood at Rs 126.35 crore in Q1 FY25, up 27.6% YoY. Asset under management (AUM) jumped 27% to Rs 89,797 crore in Q1 FY26 compared with Rs 69,018 crore in Q1 FY25. In Q1 FY25, revenue from mutual fund distribution increased 27% YoY to Rs 113 crore. Share of equity mutual funds in AUM remains flat to 54% as of June 2025 over June 2024. Anand Rathi Wealth is a wealth management firm, catering to high and ultra-high-net-worth individuals. The company operates across 18 cities in India, has a representative office in Dubai, and is setting up new offices in London and Bahrain.
New Indian Express
2 days ago
- Business
- New Indian Express
Why Nifty 50 and Sensex are your guiding lights
If you are in a financial position to invest every month, you have already mastered the art of budgeting. Creating a monthly surplus for investment is the first challenge in your financial life. Your expenses tend to supersede your income all the time, as the money you spend is based on a confluence of your needs and wants. If you are confused about where to invest, you have already covered a significant step in your life. Set all your confusion aside and focus on the most important enemy of your money. Inflation is the biggest enemy of your investments. You need to put your hard-fought surplus into an investment that will not only beat the consumer price inflation but will also generate a steady return. You may rely on professional advisors, or you may want to research on your own. With technology at your disposal, you can dive into an ocean of data and make sense of it in little or no time. The critical factor here is your ability to know the purpose of your data search. A lot of households have allocated more money to equity assets than ever before. Over the past decade, financial assets in households have grown three times. During the same period, direct equity investment grew five times, and through mutual funds grew nine times. Despite that, the overall allocation to equity assets is less than 20% of the total assets. One analysis by Anand Rathi Wealth, published in a presentation to investors, shows that average households' current asset allocation yields an average return of 7%. That barely covers inflation. Suppose you drill down into the data and analyse the information from mutual funds, insurance companies, stockbrokers, consulting firms, and other entities tracking financial services. In that case, you will notice that despite the noise about financial assets surging in India, the penetration of most financial products has scope for further growth. It assures them of a market that can register secure growth over the next several years. That means companies that sell financial services to us can continue to grow their business and generate profits. It is little of a surprise that financial services sectors occupy more than a third of the value of benchmark indices like the NSE 50 or the S&P BSE Sensex. Shares of banks are trading at a price that is multiple times their fundamental worth in terms of book value. The expectation of a superlative financial performance in the next few years is already reflected in the current share price. You can understand these nuances if you choose to learn about where to deploy your monthly surplus. A simple diversification plan is to buy an exchange-traded fund or an index fund that tracks the performance of the Nifty 50 or the Sensex. An analysis of the past three decades shows that the worst-performing decade clocked a compounded annual growth rate of 10.2% while the best-performing decade scored a CAGR of over 13%. The two numbers are well over the average inflation of 6-7% in the economy. If you are not able to determine the direction you wish to give your financial savings, you need to follow the trend in the Nifty and Sensex. The two benchmark indices have generated an average 11 to 12% return over the past 30 years. Your long-term savings, which are put towards your financial goals like retirement and your child's education, need just about that support. While there is a risk of equity prices turning volatile, the long-term prospects for India's economy and sectors like financial services are bright. The two indices best represent those prospects. It is not a hypothesis of this writer. Experts around the world are betting on that.
Mint
2 days ago
- Business
- Mint
Anand Rathi Wealth share price jumps 10% to new peak as post-earnings rally extends to second day
Anand Rathi Wealth share price extended its winning streak for the second straight session on Monday, July 14, gaining another 10% in intraday trade and scaling a new all-time high of ₹ 2428.80 apiece. The demand for the stock surged after the company's June quarter performance beat Street estimates, resulting in sharp gains despite broader market weakness. The strong results have also made the company's FY26 guidance on PAT, revenue, and AUM appear well within achievable reach. The company, on Thursday, reported a consolidated net profit of ₹ 94 crore for Q1FY26, marking a 28% YoY jump, while the revenue from operations stood at ₹ 284 crore, up 16% from ₹ 237.6 crore in Q1FY25, primarily driven by 27% YoY growth in MF revenue. On the operational front, EBITDA rose 30% YoY to ₹ 127.7 crore, with the EBITDA margin expanding significantly to 46.6% from 41.3% a year earlier. The company's total AUM stood at ₹ 87,800 crore, a growth of 27% YoY, driven by consistently strong inflows and larger ticket sizes from clients. The company recorded its highest-ever quarterly net inflows at ₹ 3,830 crore in Q1FY26, up 14% YoY, supported by favorable market sentiment. The company is on track to meet its FY26 guidance, having already achieved 25% of its full-year PAT target and 24% of its revenue target in Q1FY26. It is also just 14% short of reaching its ₹ 1 lakh crore AUM milestone. The share of clients with AUM above ₹ 50 crore increased to 27% in Q1FY26 from 25% in Q1FY25. During the quarter, it onboarded 598 net new client families, bringing the total to 12,300 families. Anand Rathi Wealth reported one of the lowest client attrition rates in the industry, with only 0.11% of AUM lost in Q1FY26. Relationship Manager (RM) attrition also remained minimal, with just two exits in the quarter. According to a domestic brokerage, Motilal Oswal, Anand Rathi Wealth is one of the few listed companies that consistently outperforms its stated guidance. For FY26, the management has guided for revenue and PAT of ₹ 1,175 crore and ₹ 375 crore, versus the brokerage's estimates of ₹ 1,140 crore and ₹ 380 crore. The brokerage expects the company to deliver a CAGR of 24%, 22%, and 28% in AUM, revenue, and PAT over FY25–27E, supported by robust cash generation ( ₹ 920 crore in OCF expected during FY25–27E), an RoE of over 40%, and a strong balance sheet. It has retained its 'Neutral' rating on the stock with a target price of ₹ 2,100. Disclaimer: The views and recommendations given in this article are those of individual analysts. These do not represent the views of Mint. We advise investors to check with certified experts before taking any investment decisions.
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Business Standard
2 days ago
- Business
- Business Standard
Capital market stock hits new high, surges 51% from March low; here's why
Anand Rathi Wealth share price Shares of Anand Rathi Wealth hit a record high of ₹2,388.75, as they surged 8 per cent on the BSE in Monday's intra-day trade in an otherwise weak market after the brokerage firm reported a strong set of earnings for the June 2025 quarter (Q1FY26). In comparison, the BSE Sensex was down 0.42 per cent at 82,155 at 11:22 AM. The stock price of capital market related company was trading higher for the fourth straight day, soaring 15 per cent during the period. It surpassed its previous high of ₹2,320.28 touched on December 9, 2024. The stock has bounced back 51 per cent from its 52-week low price of ₹1,586.05 hit on March 13, 2025. Anand Rathi Q1 result performance The April to June quarter (Q1FY26) was another strong quarter for Anand Rathi Wealth, with profit after tax rising 28 per cent year-on-year (YoY) to ₹94 crore and total revenue increasing 16 per cent to ₹284 crore. The company's asset under management (AUM) reached ₹87,797 crore, up 27 per cent YoY. The management said the company achieved its highest-ever quarterly net inflows of ₹3,825 crore and onboarded 598 new client families (net) in Q1FY26, taking the total families served to 12,330. Anand Rathi - Management commentary The first quarter saw a sharp rebound in equity markets, with the Nifty advancing 8.5 per cent and the Nifty 500 rising 10.7 per cent, propelled by renewed domestic buying and moderating foreign institutional investor (FII) outflows. India's GDP is expected to grow by 6.6 per cent 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 high net worth individuals (HNIs), and ultra high net worth individuals (UHNIs), creating significant opportunities for the wealth management industry. Anand Rathi - Outlook Emerging markets, particularly in Asia, present a mixed equity market outlook. China's equity markets may face headwinds due to trade policy uncertainties and structural economic adjustments. Conversely, India's markets are expected to benefit from strong domestic demand and public investment, aligning with the country's strong expected GDP growth, Anand Rathi Wealth said in its FY25 annual report. India's equity markets are poised for a positive trajectory, underpinned by robust economic fundamentals, favourable valuations and renewed investor confidence. Considering India's strong economic growth, favourable market valuations and increasing investor inflows, the equity market outlook appears positive. While projections vary, an annualised return exceeding 12 per cent for the Nifty 50 index over the next couple of years appears increasingly plausible, the company said. Meanwhile, despite its strong growth trajectory, the Indian wealth management industry faces several structural challenges. Nevertheless, the medium to long-term outlook remains highly favourable. With India's household financial wealth projected to grow at over 10 - 12 per cent annually, driven by rising incomes and deeper financialisation, the demand for professional wealth management services is expected to rise significantly, Anand Rathi Wealth said in its annual report. About Anand Rathi Wealth Anand Rathi Wealth Limited is among India's leading wealth management firms, catering to high and ultra-high-net-worth individuals with a unique and differentiated client strategy. The company operates across 18 cities in India, has a representative office in Dubai, and is setting up new offices in London and Bahrain.
Mint
5 days ago
- Business
- Mint
Just 3% away from 52-week high! Anand Rathi Wealth shares jump 6% after strong Q1 results; AUM crosses ₹87,000 crore
Shares of wealth management firm Anand Rathi Wealth surged 6 percent in intraday trade on Friday, July 11, after the company reported a strong financial performance for the quarter ended June 30, 2025 (Q1FY26). The firm delivered robust growth across key metrics, including profit, revenue, operating margin, and assets under management (AUM), bolstering investor confidence. Anand Rathi Wealth reported a consolidated net profit of ₹ 94 crore for Q1FY26, registering a 28 percent year-on-year (YoY) increase from ₹ 73.4 crore in the same quarter last year. Revenue from operations stood at ₹ 284 crore, marking a 16 percent rise from ₹ 237.6 crore in Q1FY25. The company also witnessed a sharp improvement in its operating efficiency, as EBITDA grew 30 percent YoY to ₹ 127.7 crore, up from ₹ 98.23 crore. Consequently, the EBITDA margin expanded significantly to 46.6 percent from 41.3 percent in the year-ago period. Anand Rathi Wealth's assets under management (AUM) reached ₹ 87,797 crore, reflecting a 27 percent growth over the previous year. This rise was supported by record-high net inflows of ₹ 3,825 crore during the quarter. The company's mutual fund distribution revenue also rose by 27 percent YoY to ₹ 113 crore. Equity mutual funds continued to dominate, maintaining a 54 percent share in total AUM. The company reported a stellar return on equity (ROE) of 44.4 percent (annualized), showcasing its strong profitability and capital efficiency. In its private wealth division (the holding company), Anand Rathi Wealth saw its active client families grow by 19 percent YoY to 12,330, while the number of relationship managers increased by 22 during the past year, bringing the total to 382. Subsidiary businesses also showed healthy growth. Revenue from subsidiaries grew 18 percent YoY to ₹ 10.5 crore. The Digital Wealth (DW) vertical saw its AUM increase by 19 percent YoY to ₹ 2,055 crore. Commenting on the performance, the management said, 'Q1 FY26 was another strong quarter for Anand Rathi Wealth, with profit after tax growing 28 percent and AUM crossing ₹ 87,000 crore. We achieved our highest-ever quarterly net inflows and continued expanding our client base with 598 new families. Client attrition remained low at just 0.11 percent, highlighting our strong client relationships and focus on a straightforward, client-first model.' The management further noted that the broader equity market rebounded sharply in the first quarter, with the Nifty rising 8.5 percent and the Nifty 500 gaining 10.7 percent. This recovery, coupled with improving domestic demand, a strong financial sector, and a projected 6.6 percent GDP growth for FY26, creates an ideal backdrop for growth in the wealth management industry. The stock rose as much as 6 percent to hit an intraday high of ₹ 2,250. It is now trading just 3 percent below its 52-week high of ₹ 2,320.28, touched in December 2024. On the downside, it had hit a 52-week low of ₹ 1,586.05 in March 2025. In the last one year, the stock has gained around 3 percent. However, it has added over 14 percent in 2025 so far, delivering positive returns in three out of the seven months this year.
