Anand Rathi Share and Stock Brokers Ltd

Profit before tax (PBT) climbed 73.44% YoY to Rs 49.76 crore in the quarter ended 31 December 2025. During the quarter, consolidated EBITDA stood at Rs 101.15 crore, registering a growth of 31.5% compared with Rs 76.91 crore posted in Q3 FY25. EBITDA margin improved to 40.8% in Q3 FY26 from 37.6% in Q3 FY25. On the segmental front, revenue from broking-related services stood at Rs 128.66 crore (up 12% YoY), interest income from Margin Trading Facility (MTF) was Rs 43.83 crore (up 45.7% YoY), distribution income came in at Rs 25.06 crore (up 37.7% YoY) and other income from operations stood at Rs 50.65 crore (up 22.8% YoY) during the quarter. The Margin Trading Facility book stood at Rs 1,231.67 crore, reflecting a 46.1% YoY growth, highlighting strong investor appetite and platform engagement. Assets under management grew by 32.1% YoY to Rs 8,368.84 crore, creating an enduring revenue pipeline for the future. The company's total client base increased 14.6% YoY to 9,92,531 clients in Q3 FY26. On a nine-month basis, the company's consolidated net profit rose 2.95% YoY to Rs 87.72 crore, while revenue increased 4.71% YoY to Rs 676.50 crore in 9M FY26 compared with 9M FY25. Pradeep Gupta, chairman and managing director, said, The Indian capital markets had a rough ride in FY26, with the Sensex and Nifty delivering lacklustre gains; under-performing other significant global peers. There was pressure from sustained selling by foreign investors, citing concerns over weak earnings, stretched valuations and currency volatility, which resulted in the benchmark indices remaining subdued despite brief mid-year rallies. Despite this backdrop, our business continued to grow. We delivered strong broking revenues, with Assets under Custody rising 48% year-on-year to Rs 1.06 trillion, an affirmation of our clients' trust and our disciplined approach to financial stewardship. Our non-broking businesses also registered meaningful growth, with the MTF book expanding 46% YoY to Rs 12,317 million and Assets under Management increasing 32% Yo Y to Rs 83,688 million. We will continue our focus on de-risking and stabilizing our earnings through increased exposure in the non-broking segments. In the era of discount and algorithm broking, we remain customer-oriented and our approach will always be relationship-based which is why over 54% of our clients have been with us since longer than 3 years. We take great pride in the enduring relationships that we have built - an affirmation about the consistency of our service, the relevance of our offerings and the strength of our brand. Anand Rathi Share and Stock Brokers is an established full-service brokerage house in India with over 30 years of experience. The company offerings and services are categorized in 3 categories: broking services, margin trading facility and distribution of financial products. The company caters to a diverse set of clients across retail, high net worth individuals, ultra-high net worth individuals, and institutions. The investment offerings of the company span across a wide array of asset classes like equity, derivatives, commodities, and currency markets. The client base is spread across various age demographics, with 2.21 lakh active clients at the end of March 2025. Powered by Capital Market - Live

Net profit of Anand Rathi Share & Stock Brokers rose 71.77% to Rs 37.00 crore in the quarter ended December 2025 as against Rs 21.54 crore during the previous quarter ended December 2024. Sales rose 21.45% to Rs 248.20 crore in the quarter ended December 2025 as against Rs 204.36 crore during the previous quarter ended December 2024. ParticularsQuarter EndedDec. 2025Dec. 2024% Var. Sales248.20204.36 21 OPM %40.7537.63 - PBDT56.2234.58 63 PBT49.7628.69 73 NP37.0021.54 72 Powered by Capital Market - Live

Anand Rathi Share & Stock Brokers will hold a meeting of the Board of Directors of the Company on 14 January 2026.Powered by Capital Market - Live

Net profit of Anand Rathi Share & Stock Brokers declined 15.58% to Rs 27.90 crore in the quarter ended September 2025 as against Rs 33.05 crore during the previous quarter ended September 2024. Sales declined 1.45% to Rs 227.20 crore in the quarter ended September 2025 as against Rs 230.54 crore during the previous quarter ended September 2024. ParticularsQuarter EndedSep. 2025Sep. 2024% Var. Sales227.20230.54 -1 OPM %40.7737.12 - PBDT44.0450.65 -13 PBT37.5345.03 -17 NP27.9033.05 -16 Powered by Capital Market - Live

Anand Rathi Share & Stock Brokers will hold a meeting of the Board of Directors of the Company on 18 October 2025.Powered by Capital Market - Live

The scrip was listed at Rs 432.10, exhibiting a premium of 4.37% to the issue price. So far, the stock has hit a high of Rs 446.60 and a low of Rs 432. On the BSE, over 10.26 lakh shares of the company were traded in the counter so far. The initial public offer of Anand Rathi Share & Stock Brokers received bids for 27,60,81,984 shares as against 1,33,63,342 shares on offer. The issue was subscribed 20.66 times. The issue opened for bidding on 23 September 2025 and it closed on 25 September 2025. The price band of the IPO was fixed between Rs 393 and 414 per share. The initial public offer (IPO) consists of a fresh issue to raise Rs 745 crore through issuance of 1.90 crore equity shares at the lower band of Rs 393 per share (face value Rs 5 per share) and 1.80 crore equity shares at the upper band of Rs 414 per share. The company proposes to use Rs 550 crore from the net proceeds in FY2026 towards long term working capital requirements. The balance would be used for general corporate purposes and business requirements of the company as approved by the board. Anand Rathi Share and Stock Brokers is an established full-service brokerage house in India with over 30 years of experience. The company offerings and services are categorized in 3 categories: broking services, margin trading facility and distribution of financial products. The company caters to a diverse set of clients across retail, high net worth individuals, ultra-high net worth individuals, and institutions. The investment offerings of the company span across a wide array of asset classes like equity, derivatives, commodities, and currency markets. The client base is spread across various age demographics, with 2.21 lakh active clients at the end of March 2025. Ahead of the IPO, Anand Rathi Share & Stock Brokers on Monday, 22 September 2025, raised Rs 220.49 crore from anchor investors. The board allotted 53.26 lakh shares at Rs 414 each to 15 anchor investors. The firm reported a consolidated net profit of Rs 103.61 crore and income from operations of Rs 845.70 crore for the three months ended on 31st March 2025.Powered by Capital Market - Live

The equity shares of Anand Rathi Share & Stock Brokers (Scrip Code: 544530) are listed effective 30 September 2025 and admitted to dealings on the Exchange in the list of ''B'' Group Securities. At 9:20 IST, the pre-open indicative price of the stock was at a premium of 4.35% to the offer price of Rs 414. Powered by Capital Market - Live