Anand Rathi Wealth Ltd. (ANANDRATHI) AI Stock Analysis

• Market Cap: ₹232.92B
• Dividend Yield: 0.37%
• Average Volume (3M): 11.85K
• Price to Earnings (P/E): 72.7
• Beta (1Y): 0.19
• Revenue Growth: 24.49%
• EPS Growth: 31.45%
• Country: IN
• Employees: 1,161
• Sector: Financial
• Sector Strength: 73
• Industry: Asset Management
• EPS (TTM): 11.30
• Shares Outstanding: 83,020,640
• 10 Day Avg. Volume: 6,061
• 30 Day Avg. Volume: 11,845
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: ₹2,710.00
• Price Target Upside: -2.02% Downside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 2

• Rating: 73 Outperform
• Price Target: ₹2,840.00 ▲(2.68% Upside)

Anand Rathi Wealth Ltd. has robust financial performance and strong technical indicators, indicating a well-managed company with effective growth strategies. However, the high P/E ratio suggests overvaluation, and the overbought technical condition warns of potential price corrections. Continued focus on cash flow and valuation will be critical for long-term stability.

Anand Rathi Wealth Ltd. Business Overview & Revenue Model

Company Description

Anand Rathi Wealth Ltd. is a prominent financial services company in India, specializing in wealth management and investment advisory services. Catering primarily to high-net-worth individuals (HNIs) and institutions, the company provides a wide array of financial products and services, including portfolio management, mutual funds, insurance, and structured products. Anand Rathi Wealth Ltd. is part of the Anand Rathi Group, which is known for its expertise in financial and investment services across various sectors.

How the Company Makes Money

Anand Rathi Wealth Ltd. primarily makes money through fees and commissions derived from the financial products and services it offers. The company earns revenue from advisory and management fees charged on assets under management (AUM) in its wealth management and portfolio management services. It also generates income through commissions on the distribution of financial products such as mutual funds and insurance policies. Additionally, Anand Rathi Wealth Ltd. benefits from performance-based fees, which are contingent on achieving specific investment returns for its clients. Partnerships with financial institutions and strategic alliances further enhance its product offerings and contribute to its revenue streams.

Anand Rathi Wealth Ltd. Financial Statement Overview

Summary

Anand Rathi Wealth Ltd. shows strong financial health with robust revenue growth, impressive profitability margins, and a stable balance sheet. The company has low leverage and a high return on equity, indicating effective management and operational efficiency. However, optimizing cash flow conversion remains a key focus area.

Income Statement

Anand Rathi Wealth Ltd. has shown strong revenue growth with a 30.38% increase from 2024 to 2025, along with improving profitability metrics. The gross profit margin and net profit margin for 2025 are impressive at 57.18% and 30.57% respectively, indicating effective cost management and operational efficiency. Additionally, the EBIT margin of 53.73% and EBITDA margin of 43.31% highlight robust core business performance. Despite strong performance, continued focus on sustaining revenue growth and managing costs will be critical.

Balance Sheet

The company's balance sheet reflects a healthy financial position with a debt-to-equity ratio of 0.12, indicating low leverage and reduced financial risk. The equity ratio of 70.11% in 2025 further underscores a stable capital structure. Return on equity stands at a strong 44.48%, showcasing high profitability relative to shareholder investment. While the financial stability is commendable, monitoring debt levels and maintaining this low leverage will be crucial to mitigating financial risks.

Cash Flow

The company has demonstrated positive free cash flow, albeit with a decline in free cash flow from 2024 to 2025. Operating cash flow to net income ratio of 0.81 suggests effective conversion of income into cash, though there is room for improvement. The free cash flow to net income ratio of 0.69 indicates solid cash generation. Continued focus on cash flow management will enhance the company’s ability to fund growth initiatives and manage financial obligations.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	9.73B	9.81B	7.52B	5.59B	4.25B	2.65B
Gross Profit	5.46B	5.61B	4.30B	3.17B	2.40B	1.30B
EBITDA	4.33B	4.25B	3.32B	2.49B	1.85B	835.02M
Net Income	3.00B	3.00B	2.25B	1.68B	1.27B	446.14M
Balance Sheet
Total Assets	9.61B	9.61B	8.80B	6.24B	4.80B	3.39B
Cash, Cash Equivalents and Short-Term Investments	1.46B	3.47B	1.87B	3.19B	1.60B	799.06M
Total Debt	793.01M	793.01M	516.68M	367.16M	392.47M	474.94M
Total Liabilities	2.74B	2.74B	2.18B	1.44B	1.25B	864.96M
Stockholders Equity	6.74B	6.74B	6.49B	4.68B	3.44B	2.41B
Cash Flow
Free Cash Flow	0.00	2.08B	2.73B	672.62M	1.30B	-223.09M
Operating Cash Flow	0.00	2.44B	2.78B	841.88M	1.46B	-210.13M
Investing Cash Flow	0.00	459.98M	-2.37B	-426.63M	-774.16M	747.54M
Financing Cash Flow	0.00	-2.79B	-720.11M	-641.57M	-464.95M	-166.77M

Anand Rathi Wealth Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 2766.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:ANANDRATHI, the sentiment is Positive. The current price of 2766 is above the 20-day moving average (MA) of 2716.45, above the 50-day MA of 2466.48, and above the 200-day MA of 2042.43, indicating a bullish trend. The MACD of 91.68 indicates Positive momentum. The RSI at 61.53 is Neutral, neither overbought nor oversold. The STOCH value of 68.16 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:ANANDRATHI.

Anand Rathi Wealth Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
UTIAMC	77 Outperform	₹172.98B	24.15		1.93%	3.62%	-9.49%
ANANDRATHI	73 Outperform	₹232.92B	72.70		0.37%	24.49%	31.45%
Sector *	68 Neutral	$17.89B	12.03	10.28%	3.73%	9.80%	1.66%
KFINTECH	58 Neutral	₹180.82B	52.99		0.71%	26.70%	25.37%
IIFL	56 Neutral	₹190.97B	58.91		0.75%	2.65%	-81.55%
IFCI	46 Neutral	₹140.08B	42.72		―	-4.18%	109.86%
JMFINANCIL	―	₹178.37B	16.15		1.48%	―	―

Anand Rathi Wealth Ltd. Corporate Events

Anand Rathi Wealth Releases Q1FY26 Earnings Call Recording

Anand Rathi Wealth Ltd. has announced the availability of the audio recording from its Q1FY26 Earnings Conference Call held on July 11, 2025. The recording has been uploaded to the company’s website, and the transcript will be shared with stock exchanges and uploaded on the website in due course, reflecting the company’s commitment to transparency and stakeholder engagement.