Anand Rathi Wealth Ltd

Anand Rathi Wealth announced that the 30th Annual General Meeting(AGM) of the company will be held on 23 May 2025.Powered by Capital Market - Live

Anand Rathi Wealth has fixed 09 May 2025 as record date for final dividend of Rs 7 per equity share for FY 2025. Powered by Capital Market - Live

Total revenue increased 22% YoY to Rs 241.4 crore during the quarter. Profit before tax (PBT) increased 26% to Rs 99.5 crore in Q4 FY25 as compared with Rs 79 crore in Q4 FY24. Asset under management (AUM) stood at Rs 77,103 crore in Q4 FY25, registering the growth of 30% as compared with Rs 59,351 crore in Q4 FY24. In Q4 FY25, revenue from mutual fund distribution jumped 52% YoY to Rs 406 crore. Equity mutual fund net inflows increased by 67% YoY to Rs 7,706 crore in Q4 FY25. Share of equity mutual funds in AUM climbed to 53% as of March 2025, compared to 51% in March 2024. In FY25, the company's consolidated net profit jumped 33% to Rs 300.8 crore on 30% increase in total revenue to Rs 980.7 crore in Q4 FY25 over Q4 FY24. Meanwhile the company's board approved an interim dividend of Rs 7 per share for FY25. Commenting on the economic landscape, market trends, and the company's performance for FY25, the management shared: 'During FY25, our total revenue grew by 30% year-on-year to Rs 981 crore, while Profit After Tax (PAT) rose by 33% to Rs 301 crore. Our Assets Under Management (AUM) increased by 30%, reaching Rs 77,103 crore, compared to a 5% gain in the Nifty over the same period. We also welcomed 1,821 new client families, bringing our total to 11,732 families served. Our performance has remained consistent and market-agnostic. A study of the top 1,000 companies by market capitalisation showed that only six companies have delivered over 20% year-on-year growth every quarter since our listing in December 2021'and we are one of them. Despite a challenging market environment, we recorded our highest-ever quarterly net inflows of Rs 3,472 crore, with full-year net inflows growing 76% year-on-year to Rs 12,617 crore. Our client-first approach continues to translate into outcomes that matter. In FY25, our client attrition rate'measured by AUM lost'stood at just 0.52%. For the second year in a row, regret RM attrition remained below 1%, reflecting the strength of our work culture and our ongoing focus on long-term team engagement.' Further, the company's board has elevated Feroze Azeez to joint chief executive officer (CEO) from Deputy CEO with effect from 10 April 2025. Anand Rathi Wealth is amongst India's leading wealth firms, catering to high and ultra-high net-worth individuals. The company is in the business of private wealth with a unique and differentiative strategy for the clients.Powered by Capital Market - Live

Net profit of Anand Rathi Wealth rose 29.77% to Rs 73.45 crore in the quarter ended March 2025 as against Rs 56.60 crore during the previous quarter ended March 2024. Sales rose 20.45% to Rs 221.96 crore in the quarter ended March 2025 as against Rs 184.28 crore during the previous quarter ended March 2024. For the full year,net profit rose 33.28% to Rs 299.83 crore in the year ended March 2025 as against Rs 224.97 crore during the previous year ended March 2024. Sales rose 29.65% to Rs 939.09 crore in the year ended March 2025 as against Rs 724.32 crore during the previous year ended March 2024. ParticularsQuarter EndedYear EndedMar. 2025Mar. 2024% Var.Mar. 2025Mar. 2024% Var. Sales221.96184.28 20 939.09724.32 30 OPM %40.9239.69 -42.6241.94 - PBDT106.5984.21 27 430.26324.97 32 PBT99.4679.00 26 404.81305.61 32 NP73.4556.60 30 299.83224.97 33 Powered by Capital Market - Live

Anand Rathi Wealth announced that the Board of Directors of the Company at its meeting held on 10 April 2025, inter alia, have recommended the final dividend of Rs 7 per equity Share (i.e. 140%) , subject to the approval of the shareholders.Powered by Capital Market - Live

Anand Rathi Wealth will hold a meeting of the Board of Directors of the Company on 10 April 2025.Powered by Capital Market - Live

Anand Rathi Wealth has allotted 4,15,10,317 fully paid-up bonus equity shares of Rs. 5/- each in the ratio of 1:1. With this allotment, the paid up equity share capital has increased to 8,30,20,634 equity shares of Rs 5 each. Powered by Capital Market - Live

Anand Rathi Wealth has fixed 05 March 2025 as record date for the purpose of ascertaining the eligibility of shareholders entitled for allotment of Bonus equity shares. Powered by Capital Market - Live

For the quarter ended 31 December 2024, profit before tax was Rs 104.17 crore, registering a growth of 33.55% compared to Rs 78 crore posted in the same quarter previous year. During the quarter, assets under management (AUM) stood at Rs 76,402 crore, up 39% YoY. Share of Equity Mutual Funds in AUM increased to 55% as of December 2024 as compared to 52% as of December 2023. In Q2 FY25, the company's net inflows surged by 69% YoY to Rs 9,145 crore, while net inflows in Equity Mutual Funds grew by 51% YoY to Rs 5,831 crore for the quarter ended 31 December 2024. Mutual Fund distribution revenue rose by 63% YoY to Rs 303 crore, while the annualized Return on Equity (ROE) stood at 45%. On nine-month basis, the company's consolidated net profit jumped 34.44% to Rs 226.37 crore on 32.79% rise in net sales to Rs 717.13 crore in 9M FY25 over 9M FY24. Meanwhile, the company's board recommended issuance of bonus shares in ratio of 1:1 i.e. 1 new equity share for every 1 existing equity share each held by the eligible shareholders as on the record date, subject to shareholders and any other applicable regulatory and statutory approvals. Rakesh Rawal, chief executive officer (CEO), said, 'We are thrilled to report another outstanding financial result and extend our heartfelt gratitude to our clients and team members for their continued trust and support. During the nine-month period of FY25, our total revenue grew by 33% YoY to Rs 739 crore, while Profit after Tax (PAT) increased by 34% to Rs 227 crore. Our AUM recorded a significant rise of 39%, reaching Rs 76,402 crore. We have achieved 75% of our revised revenue guidance of Rs 980 crore and 77% of our revised PAT guidance of Rs 295 crore in the first nine months of FY25. Additionally, we on boarded 1,785 new client families during last one year, bringing our total client base to 11,426 families. We believe that our business holds inherent growth potential of 20-25%, which we expect to sustain for many years. Our confidence stems from our uncomplicated wealth solutions for our clients to build their wealth seamlessly.' Feroze Azeez, deputy CEO said, 'The magnitude of capital poised to flow into India is substantial and unprecedented. With a growing investor base and positive macroeconomic indicators, the Indian equity market presents an unparalleled opportunity for both domestic and foreign investors. This vast pool of capital, combined with India's strong performance, makes the equity markets a more compelling investment destination. We believe our performance has been consistent and market agnostic. If you look at the worst Nifty performance after we have got listed; was Q1 FY23 when it fell by 9.6% and last quarter when it fell by 8.4%. However, for that both quarters our profit grew by more than 33% on YoY basis. We have recorded highest ever quarterly net inflows during last quarter in spite sentiment not being the best. During 9M FY25 our total net inflows registered a remarkable YoY growth of 69%, reaching Rs 9,145 crore. Our client centric approach has resulted in 0.28% client attrition rate in terms of AUM lost during the nine months of FY25. In the last quarter, we achieved near-zero regret RM attrition, following five consecutive quarters of zero regret RM attrition. This is a true testament to our entrepreneurial work culture and our unwavering commitment to the growth and satisfaction of our team.' Anand Rathi Wealth is among India's leading non-bank wealth solutions firms, catering to high and ultra-high net worth individuals. The scrip shed 0.67% to trade at Rs 3,986.45 on the BSE.Powered by Capital Market - Live

Net profit of Anand Rathi Wealth rose 33.21% to Rs 77.02 crore in the quarter ended December 2024 as against Rs 57.82 crore during the previous quarter ended December 2023. Sales rose 29.93% to Rs 237.04 crore in the quarter ended December 2024 as against Rs 182.43 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales237.04182.43 30 OPM %45.1743.76 - PBDT110.6983.02 33 PBT104.1778.00 34 NP77.0257.82 33 Powered by Capital Market - Live