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ANANDRATHI · NSE · Financial Products Distributor

Anand Rathi Wealth Ltd

What the numbers mean, from its filings and the exchange. Data as of 12 Oct 2026.
Small Cap · AMFI list Jan-Jun 2026 · Vendor sector: Finance
dear low confidence No valuation within 120 days; P/E 74.2 vs peers 33.7 (18th of 18); P/B 24.6 vs peers 9.7 (17th of 17).
Statements through FY2026Prices adjusted for 2 corporate actionsNot yet reviewed by the adversarial model

What is Anand Rathi Wealth's share price today?

Anand Rathi Wealth last traded at ₹2,087.00 on the NSE, as of 12 Oct 2026, 11:00 pm IST, up 2.4% on the day, up 38.9% over a year. Its 52-week range is ₹1,354 to ₹2,268. The live price is in the app.

₹2,087.00 +2.4% today
+38.9% over 1 year · NSE, as of 12 Oct 2026, 11:00 pm IST
58 month-end closes, 31 Dec 2021 to 30 Sep 2026, adjusted for splits and bonuses
52-week range80% of the way up
Low ₹1,354High ₹2,268

What is Anand Rathi Wealth's market cap?

Anand Rathi Wealth's market capitalisation is about ₹33,851 crore: what it would cost to buy every share at today's price. That makes it the 17th largest small cap company we cover.

₹33,851 Cr Small Cap17th largest small cap company
Small Cap means the companies ranked 251 and below by size, under SEBI's rules. Shares in issue are worked out from the market cap and the price. What market cap tells you →

Key facts

From the exchange
Symbol
NSE: ANANDRATHI
ISIN
INE463V01026
Cap bucket
Small Cap, 17th largest by market cap
Industry (NSE)
Financial Services › Capital Markets › Financial Products Distributor
Listed since
2021
Futures and options
Traded

Is Anand Rathi Wealth overvalued?

Dear, with low confidence: no valuation within 120 days; P/E 74.2 vs peers 33.7 (18th of 18); P/B 24.6 vs peers 9.7 (17th of 17).

Valuation

Latest price and trailing 12 months
P/E 74.23
vs peers 33.7 · 18th of 18
Price divided by last year's earnings per share: how many years of today's profit you pay for. Learn more →
P/B 24.59
vs peers 9.7 · 17th of 17
Price divided by book value per share: what you pay for each rupee of net assets on the balance sheet. Learn more →
Market cap ₹33,851 Cr
Total market value of all shares, in ₹ crore. Learn more →
Dividend yield 0.4%
vs peers 1.4% · 13th of 16
Last year's dividends as a share of today's price. Learn more →
PEG (vendor) 7.64
vs peers 9.3 · 5th of 11
P/E divided by the vendor's earnings growth figure, which it does not disclose; a P/E adjusted for how fast profits grow. Learn more →
PEG on our 3-year EPS growth 2.24
P/E divided by the 3-year EPS growth rate from the stored accounts. Learn more →
3 models could be judged
Skipped — Fair value, EPV, Graham number, Graham value, Lynch, Owner earnings: no valuation stored

Our valuation range

🔒 Pro
Value range, implied growth at today's price, and the nine models behind it: in the app.

Is Anand Rathi Wealth a quality business?

WATCH on 13 of 22 lender flags judged.

Quality and risk

Data as of 12 Oct 2026
Business quality Not available
The kind of business, which sets the yardstick it is judged by. Learn more →
Quality score Not available
Returns, margins, leverage and consistency against its peers, out of 100. Learn more →
Risk level WATCH
13 of 22 lender flags judged
From flags on debt, earnings quality, dilution and price swings. Learn more →

Lender scorecard

Statements through FY2026 (Mar-26)
Basis: consolidated accounts, FY2026 (Mar-26) against FY2025; NSE/BSE XBRL, the Q4 results filing; NIM is revenue from operations less finance costs over average total assets; cost to income is operating expenses over net interest income plus other income; ROA over average total assets; ROE over average equity
Net interest margin 99.0%
What a lender earns on its loans and investments less what it pays for deposits and borrowings, as a share of the assets that earn interest (or of all assets where the split is not filed). Learn more →
Gross NPA Not available
Loans on which repayment has stopped, as a share of all loans, before any provision against them; from the latest results filing. Learn more →
Net NPA Not available
Bad loans after the provisions already set aside against them, as a share of loans. Learn more →
Provision coverage Not available
How much of the gross bad loans has already been provided for. Learn more →
Credit cost Not available
The year's provisions for bad loans as a share of the average loan book. Learn more →
Cost to income 56.7%
vs peers 53.2% · 11th of 18
Operating expenses (staff, branches, technology) over net interest income plus other income. Learn more →
Return on assets 34.7%
vs peers 20.2% · 2nd of 19
Profit as a share of average total assets. Learn more →
CET1 ratio Not available
Common equity tier 1 capital, the hardest kind, against risk-weighted assets; from the latest results filing. Learn more →
Loan growth YoY Not available
Growth in the loan book over the latest fiscal year. Learn more →
Deposit growth YoY Not available
Growth in deposits over the latest fiscal year. Learn more →
CASA ratio Not available
Current and savings account balances as a share of all deposits. Learn more →
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Has Anand Rathi Wealth made money for shareholders?

Yes: +38.9% over one year.

Shareholder returns

1-year return +38.9%
Price only
What the share price did over the last 12 months. Learn more →
5-year return Not available
Yearly average price return over five years, bonuses and splits adjusted. Learn more →
Wealth destroyer Not available
Five-year total return — price CAGR on bonus- and split-adjusted closes plus the dividend yield — below the 7% a bank fixed deposit paid. Learn more →

Returns

3Y and 5Y are yearly averages
1W
−4.4%
1M
−6.7%
3M
−3.7%
6M
+13.5%
1Y
+38.9%
3Y
+64.4%
5Y
—
— not available

Does Anand Rathi Wealth pay a dividend?

Yes. Anand Rathi Wealth's dividend yield is 0.43% at the latest price; the last payout was ₹3.50 a share, ex-dividend 15 May 2026.

Dividends

Per share, by ex-dividend date
Dividend yield0.43%
The past 12 months' dividends as a share of today's price.
15 May 2026 · Final₹3.50
17 Oct 2025 · Interim 1₹3.00
9 May 2025 · Final₹3.50
18 Oct 2024 · Interim 1₹1.75
3 Jun 2024 · Final₹2.25
Payout ratio🔒 In the app
The share of profit paid out as dividends; a very high share leaves little to reinvest.
Dividend growth, 5 years🔒 In the app
How fast the dividend per share has grown a year.
Years without a miss🔒 In the app
How many years in a row a dividend has been paid.

Is Anand Rathi Wealth growing?

Revenue 3 years 30.9% a year; eps 3 years 33.1% a year; revenue 5 years 26.9% a year.

Growth

Statements through FY2026 (Mar-26)
Loan growth Not available
Growth in the loan book over the latest fiscal year. Learn more →
Deposit growth Not available
Growth in deposits over the latest fiscal year. Learn more →
Revenue 3 years 30.9% a year
vs peers 25.2% · 5th of 19
Compound annual growth of revenue over three years. Learn more →
EPS 3 years 33.1% a year
Growth in earnings per share, so dilution counts against the company. Learn more →
Revenue 5 years 26.9% a year
Compound annual growth of revenue over five years. Learn more →
EPS 5 years 54.3% a year
Growth in earnings per share over five years, so dilution counts against the company. Learn more →

How did Anand Rathi Wealth do last quarter?

Anand Rathi Wealth reported income of ₹357 Cr, up 27.9% on a year earlier and a net profit of ₹89 Cr, up 32.1% in the Jun 2026 quarter.

Latest quarter

Jun 2026
Income, latest quarter₹357 Cr
+27.9% on a year earlier
What the company took in over the quarter.
Net profit, latest quarter₹89 Cr
+32.1% on a year earlier
What was left for shareholders after every cost and tax.

How does Anand Rathi Wealth compare with its peers?

Compared with 18 Capital Markets (the industry, as the basic industry was too small); 18th of 18 on P/E.

Compared with 18 Capital Markets (the industry, as the basic industry was too small)

18 companies

Anand Rathi Wealth against its peers

Largest 10 of 18 peers, by market cap
CompanyMarket capP/EP/BROE1YQuality 🔒Rank 🔒
Anand Rathi Wealth Ltd₹33,851 Cr74.224.645.3%+38.9%
BSE Ltd₹1.3 L Cr47.819.049.1%+32.8%
Billionbrains Garage Ventures Ltd₹1.2 L Cr48.311.226.4%+46.5%
SBI Funds Management Ltd₹1.0 L Cr——43.0%−18.0%
HDFC Asset Management Company Ltd₹97,078 Cr32.910.332.9%−20.2%
Multi Commodity Exchange of India Ltd₹84,611 Cr54.921.643.4%+85.6%
Nippon Life India Asset Management Ltd₹66,884 Cr40.711.635.5%+18.1%
Motilal Oswal Financial Services Ltd₹61,865 Cr31.24.812.2%+2.2%
360 ONE WAM Ltd₹42,749 Cr33.75.76.1%−4.8%
Nuvama Wealth Management Ltd₹32,556 Cr29.6—33.0%+22.5%
Aditya Birla Sun Life AMC Ltd₹29,055 Cr28.86.325.5%+17.0%
Peer median—33.79.732.1%+7.1%
Market cap in rupees crore; P/E and P/B on the latest price; 1Y is the price return over a year. A dash is a figure that does not apply or is not reported.

Full peer comparison

🔒 Pro
Every peer, every figure, the ranks and the quality and forensic scores side by side: in the app.

Who owns Anand Rathi Wealth?

Anand Rathi Wealth is held by promoters 41.4%, foreign institutions 6.4%, domestic institutions 10.4%.

Shareholding pattern

Latest filing, percent of shares
Promoters41.4%
The founders and controlling group.
Foreign institutions6.4%
Overseas funds investing through the FPI route.
Domestic institutions10.4%
Indian insurers, banks, pension and mutual funds together.
Mutual funds9.2%
Indian mutual fund schemes; part of domestic institutions.
Retail and others16.4%
Individual investors and everyone else.
Promoter shares pledged🔒 In the app
Promoter shares given as collateral for loans; a high share is a risk to watch.
Holding trend🔒 In the app
Whether promoters, foreign funds and mutual funds have been adding or selling over recent quarters.

What do analysts say about Anand Rathi Wealth?

2 analysts cover Anand Rathi Wealth, and the consensus is sell. A consensus is a count of opinions, not a forecast; read it beside the numbers.

Analyst consensus

2 analysts
ConsensusSell
The rating most covering analysts give the share.
Average target price🔒 In the app
The mean of the analysts' 12-month price targets.
Upside to target🔒 In the app
How far the target sits above or below today's price.
Share rating it a buy🔒 In the app
The share of covering analysts with a buy rating.

What does Anand Rathi Wealth do and what is it sensitive to?

Anand Rathi Wealth Limited provides wealth solutions to HNI and UHNI clients in India, and through its Digital Wealth and OFA platforms extends services to mass affluent investors and mutual fund distributors. Sensitive to: equity markets, interest rates and currency.

Business-model card

FY2026 · 41 verified
3Revenue
4Channels
3Regulators
5Reg. dependencies
5Sensitivities
4Costs
4Geographies

Anand Rathi Wealth Limited provides wealth solutions to HNI and UHNI clients in India, and through its Digital Wealth and OFA platforms extends services to mass affluent investors and mutual fund distributors. The excerpts say it operates as one segment, providing services for distribution and sale of financial products, and that fee income is tied to client AUM.

Revenue engine

3 verified
Private Wealth (PW) segment
Core wealth-solutions line; the excerpts name it as the base business, and say fee income moves with client AUM valuations. Interpretation: earns fee income on assets under management.
Digital Wealth vertical
Wealth management for the mass affluent segment through a partner-led phygital model. Interpretation: revenue model not stated in the excerpts.
Omni Financial Advisor (OFA) platform
Digital platform for Mutual Fund Distributors and Independent Financial Advisors. The excerpt says it has a flexible subscription model. Interpretation: subscription fees from distributors.

Customers & channels

4 verified
High-Net-Worth and Ultra-High-Net-Worth Individuals
Stated customer base for wealth solutions, defined by investable surplus thresholds.
Mass affluent investors
Target segment for Digital Wealth, defined by investable assets. The excerpt gives the range.
Mutual Fund Distributors and Independent Financial Advisors
Distributor channel served by the OFA platform, which provides digital tools for their clients.
1 more statement
Relationship Managers as primary client interface
The excerpt says RMs are the primary interface with clients and drive engagement and portfolio alignment.

Regulators

3 verified
SEBI
Standards that the Company says its Relationship Managers and distributor intermediaries follow.
AMFI
Product labelling guidelines that govern how the Company discloses its products to clients, and whose policy positions the Company follows.
RBI (FEMA for NRI clients)
Foreign exchange rules that apply to operations for NRI clients.

Regulatory dependencies

5 verified
Product labelling and disclosure rules
Labelling and risk-disclosure requirements set the content the Company must provide to clients. Interpretation: changes would alter disclosure cost and client onboarding.
Penalties for non-compliance
The excerpt states non-compliance may bring penalties. The risk table adds fines and AUM bans. Interpretation: penalties and AUM bans would reduce fee-earning assets.
AMFI public-policy alignment
The Company states it has no individual public-policy position and follows AMFI's, so AMFI policy changes would pass through to its stance.
2 more statements
Deposit regulation under Companies Act
The Company states it has no public deposits outstanding, so it does not depend on deposit funding. Interpretation: no deposit-liability exposure.
New Labour Codes
Management says the Codes have no material incremental impact on gratuity liability.

Sensitivities

5 verified
Equity markets, interest rates and currency
The excerpt says these fluctuations directly affect client AUM valuations and fee income. Direction: falling markets lower AUM and fee income; rising markets raise them.
Interest rate movements on floating-rate debt
Sensitivity of P&L to a 1% rate shift. At 31 March 2026 the floating-rate liability is 0.00 (12.72 in 2025), giving no P&L impact in 2026 and 0.04 in 2025.
Energy price volatility from geopolitics
The excerpt says geopolitical tensions have reintroduced energy price volatility. Interpretation: no direct effect on the Company is stated.
2 more statements
Key person and relationship manager attrition
The excerpt calls attrition a critical business risk because of heavy dependence on KMP and experienced RMs. Direction: attrition reduces client retention and AUM.
Mis-selling and conflict of interest
The excerpt says mis-selling, conflicts or unsuitable recommendations can severely hurt client retention and brand equity.

Cost inputs

4 verified
Business Promotion Expenses
Other-expenses line in lakhs: 3,170.11 in FY2025-26 versus 2,831.09 in FY2024-25.
Data Processing and IT enabled services
Other-expenses line in lakhs: 880.61 in FY2025-26 versus 863.48 in FY2024-25.
Business Support Charges
Other-expenses line in lakhs, referenced to Note 44: 755.29 in FY2025-26 versus 578.60 in FY2024-25.
1 more statement
Rent, Rates and Taxes
Other-expenses line in lakhs: 789.38 in FY2025-26 versus 678.26 in FY2024-25.

Geographies

4 verified
India
Main operating market, with an established presence across the country.
Dubai representative office
The only international office, which the excerpt describes as a representative office.
Export revenue (0.0%)
The Company states its exports are nil as a share of turnover.
1 more statement
Kingdom of Bahrain (proposed)
Preliminary discussions only, subject to approvals and regulatory requirements. Not an operating market.
Each statement is checked word for word against the FY2026 annual report; the passages are in the app.

What changed recently?

Q2 FY2027 results filed (9 Oct 2026).

Change log

8 entries · newest first
  1. Results filedQ2 FY2027 results filed.
  2. Results filedQ1 FY2027 results filed.
  3. Corporate actionBonus 1:1; price history adjusted.
  4. Corporate actionDividend - Rs 7 Per Share.
  5. Results filedQ4 FY2026 results filed.
  6. Results filedQ3 FY2026 results filed.
  7. Corporate actionInterim Dividend - Rs 6 Per Share.
  8. Results filedQ2 FY2026 results filed.
Get alerts →Sign in to be told when any of these change.

What this page does not tell you

What could not be judged, and why. Never empty.
  • Models not runFair value, EPV, Graham number, Graham value, Lynch, Owner earnings: no valuation stored.
  • FlagsWATCH on 13 of 22 lender flags judged; 1 red; 9 could not be judged.
  • Data gapsBusiness quality, Quality score, Gross NPA, Net NPA, Provision coverage, Credit cost and 8 more: not available yet.
Not applicable to a bank, lender or insurer · 12
  • Altman ZAltman Z reads working capital and sales over assets, which a lender's balance sheet does not have.
  • Piotroski F-scorePiotroski's leverage and liquidity checks read deposits and borrowings as weakness.
  • Beneish M-scoreThe Beneish model reads receivables, margins and depreciation that a lender's accounts do not report.
  • Operating marginInterest is a lender's cost of goods, so operating profit before interest is not defined.
  • Interest coverageInterest is a lender's main cost, not a charge on operating profit.
  • Debt to equityBorrowings and deposits are a lender's raw material; gearing is judged by capital adequacy instead.
  • EV/EBITDAEnterprise value adds borrowings to market cap; for a lender borrowings are the business, not a claim on it.
  • FCF yieldOperating cash flow less capex is not free cash flow for a lender: loan growth sits in operating cash flow.
  • Cash conversion cycleA lender's receivables are its loan book, not invoices waiting to be paid.
  • Asset turnoverA lender earns a spread on its assets, not a turnover of them.
  • ROCEEBIT over capital employed reads a lender's interest income against its borrowings; return on assets and return on equity are the lender's measures.
  • ROCE, 10-year averageEBIT over capital employed reads a lender's interest income against its borrowings; return on assets is the lender's measure (HDFC Bank's 1.7% ten-year ROCE means nothing).

What this page rests on

✓8 years of annual statements, through FY2026 (Mar-26)✓10 quarters of results✓58 months of month-end prices, adjusted for bonuses and splits (2 corporate actions)○no valuation of ours yet✓business-model card FY2026 · 41 verified

Questions people ask

What is Anand Rathi Wealth's share price today?

Anand Rathi Wealth last traded at ₹2,087.00 on the NSE, as of 12 Oct 2026, 11:00 pm IST, up 2.4% on the day, up 38.9% over a year. Its 52-week range is ₹1,354 to ₹2,268. The live price is in the app.

What is Anand Rathi Wealth's market cap?

Anand Rathi Wealth's market capitalisation is about ₹33,851 crore: what it would cost to buy every share at today's price. That makes it the 17th largest small cap company we cover.

Is Anand Rathi Wealth Ltd a large cap, mid cap or small cap?

Anand Rathi Wealth Ltd (ANANDRATHI) is a small cap company in AMFI's classification for Jan-Jun 2026. SEBI's buckets go by rank on six-month average market capitalisation: the top 100 are large caps, 101 to 250 mid caps, the rest small caps.

What is Anand Rathi Wealth Ltd's P/E ratio?

74.23, vs peers 33.7 · 18th of 18. Price divided by last year's earnings per share: how many years of today's profit you pay for.

Is Anand Rathi Wealth Ltd overvalued?

Dear, with low confidence: no valuation within 120 days; P/E 74.2 vs peers 33.7 (18th of 18); P/B 24.6 vs peers 9.7 (17th of 17).

How does Anand Rathi Wealth Ltd make money?

Anand Rathi Wealth Limited provides wealth solutions to HNI and UHNI clients in India, and through its Digital Wealth and OFA platforms extends services to mass affluent investors and mutual fund distributors. The excerpts say it operates as one segment, providing services for distribution and sale of financial products, and that fee income is tied to client AUM.

Why is there no Altman Z or debt to equity for Anand Rathi Wealth?

Borrowing is a bank's or lender's raw material, so those ratios mislead. Net interest margin, gross NPA, return on assets and the capital ratios are shown instead.

Who are Anand Rathi Wealth Ltd's peers?

Compared with 18 Capital Markets (the industry, as the basic industry was too small): BSE Ltd, Billionbrains Garage Ventures Ltd, SBI Funds Management Ltd, HDFC Asset Management Company Ltd, Multi Commodity Exchange of India Ltd and 13 more. The app shows how they compare on every figure.

Is this investment advice?

No. Valarth is a research and learning tool and is not a SEBI-registered investment adviser or research analyst. The figures come from the company's filings and the exchanges; what to do with them is your call.

How did Anand Rathi Wealth do last quarter?

Anand Rathi Wealth reported income of ₹357 Cr, up 27.9% on a year earlier and a net profit of ₹89 Cr, up 32.1% in the Jun 2026 quarter.

Who owns Anand Rathi Wealth?

Anand Rathi Wealth is held by promoters 41.4%, foreign institutions 6.4%, domestic institutions 10.4%.

Does Anand Rathi Wealth pay a dividend?

Yes. Anand Rathi Wealth's dividend yield is 0.43% at the latest price; the last payout was ₹3.50 a share, ex-dividend 15 May 2026.

What do analysts say about Anand Rathi Wealth?

2 analysts cover Anand Rathi Wealth, and the consensus is sell. A consensus is a count of opinions, not a forecast; read it beside the numbers.

Everything on Anand Rathi Wealth, and 6,621 other companies, with 212 filters and the full peer tables

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