Anand Rathi Wealth Ltd
ANANDRATHIAnand Rathi Wealth Ltd
ANANDRATHIPrice Chart
Scorecard
Performance
LowHasn't fared well - amongst the low performers
Valuation
HighSeems to be overvalued vs the market average
Growth
AvgFinancials growth has been moderate for a few years
Profitability
HighShowing good signs of profitability & efficiency
Entry point
AvgThe stock is overpriced but is not in the overbought zone
Red flags
LowNo red flag found
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Key Metrics
No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
---|---|---|
65.85 | 26.25 | 0.34% |
Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
---|---|---|
18.34 | 2.55 | 0.94% |
Forecast & Ratings
Detailed Forecast from 1 analyst
Price
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
Company Profile
Anand Rathi Wealth offers non-bank wealth solutions. The Company serves a range of clients through a mix of wealth solutions, financial product distribution and technology solutions.
Investor Presentation
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Compare with peersÂBajaj Holdings and Investment Ltd
HDFC Asset Management Company Ltd
Nippon Life India Asset Management Ltd
Tata Investment Corporation Ltd
Aditya Birla Sun Life AMC Ltd
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Forecasts
Price
Revenue
Earnings
Price Forecast
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Revenue Forecast
All values in ₹ cr.
All values in ₹ cr.
Earnings Per Share Forecast
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Income
Balance Sheet
Cash Flow
Income Statement
Financial Year | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | TTM | |||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Total Revenue | 284.19 | 336.41 | 279.25 | 425.45 | 558.91 | 751.97 | 879.51 | |||||||
Raw Materials | — | — | — | — | — | — | 499.31 | |||||||
Power & Fuel Cost | — | — | — | — | — | — | ||||||||
Employee Cost | 132.17 | 166.57 | 150.76 | 192.04 | 241.82 | 322.22 | ||||||||
Selling & Administrative Expenses | 44.06 | 52.94 | 37.36 | 41.65 | 58.22 | 85.53 | ||||||||
Operating & Other expenses | 8.58 | 8.89 | 10.24 | 8.53 | 13.86 | 19.25 | ||||||||
EBITDA | 99.38 | 108.01 | 80.89 | 183.23 | 245.01 | 324.97 | 380.20 | |||||||
Depreciation/Amortization | 16.27 | 21.05 | 17.29 | 15.65 | 16.61 | 19.36 | 22.03 | |||||||
PBIT | 83.11 | 86.96 | 63.60 | 167.58 | 228.40 | 305.61 | 358.17 | |||||||
Interest & Other Items | — | — | — | — | — | — | — | |||||||
PBT | 83.11 | 86.96 | 63.60 | 167.58 | 228.40 | 305.61 | 358.17 | |||||||
Taxes & Other Items | 23.90 | 25.57 | 18.51 | 41.09 | 59.97 | 80.64 | 94.40 | |||||||
Net Income | 59.21 | 61.39 | 45.09 | 126.49 | 168.43 | 224.97 | 263.77 | |||||||
EPS | 14.67 | 15.18 | 11.02 | 30.52 | 40.44 | 53.87 | 63.06 | |||||||
DPS | 0.00 | 0.00 | 3.33 | 11.00 | 12.00 | 14.00 | 14.00 | |||||||
Payout ratio | 0.00 | 0.00 | 0.30 | 0.36 | 0.30 | 0.26 | 0.22 |
Company Updates
Investor Presentation
Peers & Comparison
FinancialsAsset Management
Valuation
Technical
Forecast
Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
---|---|---|---|
Anand Rathi Wealth Ltd | 77.20 | 26.25 | 0.34% |
Bajaj Holdings and Investment Ltd | 16.24 | 1.87 | 1.24% |
HDFC Asset Management Company Ltd | 47.99 | 13.18 | 1.60% |
Nippon Life India Asset Management Ltd | 40.48 | 11.26 | 2.32% |
Price Comparison
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Promoter Holdings Trend
Total Promoter Holding
In last 6 months, promoter holding in the company has almost stayed constant
Low Pledged Promoter Holding
Pledged promoter holdings is insignificant
Institutional Holdings Trend
Total Retail Holding
In last 3 months, retail holding in the company has almost stayed constant
Foreign Institutional Holding
In last 3 months, foreign institutional holding of the company has almost stayed constant
Shareholding Pattern
Dec 2023
Mar 2024
Jun 2024
Sep 2024
Shareholding History
Mutual Funds Holding Trend
Mutual Fund Holding
In last 3 months, mutual fund holding of the company has almost stayed constant
Top 5 Mutual Funds holding Anand Rathi Wealth Ltd
Funds (Top 5) | The rupee value of the stock held by the fund divided by the stock’s market cap Market-cap held | Percentage of the fund’s portfolio invested in the stock Weight | Change in the portfolio weight of the stock over the last 3 months 3M holding change | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months Portfolio rank(3M change) |
---|---|---|---|---|
Quant Small Cap Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 2.6165% | Percentage of the fund’s portfolio invested in the stock 1.74% | Change in the portfolio weight of the stock over the last 3 months 0.03% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 11/94 (+1) |
SBI Small Cap Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 1.7659% | Percentage of the fund’s portfolio invested in the stock 0.93% | Change in the portfolio weight of the stock over the last 3 months 0.07% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 47/63 (+2) |
Canara Robeco Small Cap Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.7532% | Percentage of the fund’s portfolio invested in the stock 1.07% | Change in the portfolio weight of the stock over the last 3 months -0.11% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 33/105 (-14) |
Compare 3-month MF holding change on Screener
smallcases
Looks like this stock is not in any smallcase yet.
Events
Dividend Trend
No dividend trend available
Dividends
Corp. Actions
Announcements
Legal Orders
Upcoming Dividends
No upcoming dividends are available
Past Dividends
Cash Dividend
Ex DateEx DateOct 18, 2024
Dividend/Share
₹7.00
Ex DateEx Date
Oct 18, 2024
Cash Dividend
Ex DateEx DateJun 3, 2024
Dividend/Share
₹9.00
Ex DateEx Date
Jun 3, 2024
Cash Dividend
Ex DateEx DateOct 20, 2023
Dividend/Share
₹5.00
Ex DateEx Date
Oct 20, 2023
Cash Dividend
Ex DateEx DateMay 29, 2023
Dividend/Share
₹7.00
Ex DateEx Date
May 29, 2023
Cash Dividend
Ex DateEx DateOct 20, 2022
Dividend/Share
₹5.00
Ex DateEx Date
Oct 20, 2022
Revenue from operations surged 32.80% YoY to Rs 242.48 crore in the quarter ended 30 September 2024. For the quarter ended 30 September 2024, profit before tax was Rs 102.18 crore, reflecting a growth of 31.47% compared to Rs 77.72 crore posted in the same quarter previous year. During the quarter, assets under management (AUM) stood at Rs 75,084 crore, up 57% as compared with Rs 47,957 crore recorded in Q2 FY24. Share of Equity Mutual Funds in AUM increased to 55% as of September 2024 and 50% as of September 2023. In Q2 FY25, the company's net inflows surged by 128% year-on-year to Rs 5,700 crore, while net inflows in Equity Mutual Funds increased by 64% YoY to Rs 3,116 crore for the quarter ended 30 September 2024. Mutual Fund distribution revenue rose by 70% YoY to Rs 195 crore, while the annualized Return on Equity (ROE) stood at 44%. On half-year basis, the company's consolidated net profit jumped 35.09% to Rs 149.35 crore in H1 FY25 as against 110.55 crore posted in H1 FY24. The compay's Revenue surged 34.25% YoY to Rs 480.09 crore in H1 FY25. Meanwhile, the company's board declared interim dividend of Rs 7 per share of face value of Rs 5 each for FY25. The company has fixed 18 October 2024 as record date for the said dividend. Rakesh Rawal, chief executive officer (CEO), said, 'We are thrilled to announce another exceptional financial result. In H1 FY25 our total revenue grew by 35% year-on-year to Rs 495 crore and Profit after Tax was Rs 150 crore, representing growth of 35% year-on-year. Our Assets Under Management (AUM) has seen a significant increase of 57% to Rs 75,084 crore. In the first half of FY25, we welcomed 1,066 new client families, bringing our total count of client families to 10,977. India's growth story is being celebrated as the global economy faces geopolitical challenges and slow growth. As the fastest-growing large economy, India is projected to achieve a 7% GDP growth for FY25, driven by strong domestic demand, government reforms and increased capital expenditure, which has also boosted its market capitalization. In light of such strong economic growth, the company's prospects are positive, supported by the rising HNI population who are seeking a strategic approach to wealth creation.' Feroze Azeez, deputy chief executive Officer said, 'India's strong economic fundamentals have driven increased interest from both domestic and foreign investors. This trend is reflected in consistent inflows into the equity markets, with new investments hitting record highs month-on-month. Such a positive momentum is expected to strengthen the Indian equity markets further, fostering an environment conducive to long-term capital appreciation and broadening of the investor base. Our client centric approach has resulted in 0.28% client attrition rate in terms of AUM lost during the first half of FY25. We take immense pride in achieving zero regret RM attrition for the fifth consecutive quarter'a true testament to our robust entrepreneurial work culture and unwavering commitment to our team's growth and satisfaction.' 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 0.37% to settled at Rs 4,040.50 on the BSE.Powered by Capital Market - Live
Anand Rathi Wealth has fixed 18 October 2024 as record date for first interim dividend of Rs 7 per share for FY 2025. Powered by Capital Market - Live
Net profit of Anand Rathi Wealth rose 32.39% to Rs 76.11 crore in the quarter ended September 2024 as against Rs 57.49 crore during the previous quarter ended September 2023. Sales rose 32.81% to Rs 242.48 crore in the quarter ended September 2024 as against Rs 182.58 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales242.48182.58 33 OPM %42.9442.43 - PBDT108.3282.33 32 PBT102.1977.72 31 NP76.1157.49 32 Powered by Capital Market - Live
Anand Rathi Wealth announced that the Board of Directors of the Company at its meeting held on 10 October 2024, inter alia, have recommended the first interim 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 October 2024.Powered by Capital Market - Live
‘Equity taxation is a 4D matrix, needs to be simplified’: Feroze Azeez on MF industry budget wishlist
Anand Rathi surges 4% on robust June quarter earnings; profit rises 38% YoY
Anand Rathi gains after Q1 PAT jumps 38% YoY to Rs 73 cr in FY25
Stock Alert: Tata Consultancy Services, Anand Rathi Wealth, Mahindra & Mahindra, Aditya Birla Fashion and Retail
Anand Rathi Wealth Q1 net profit surges 38%; Canara Robeco MF launches BAF
Higher than Industry Revenue Growth
Over the last 5 years, revenue has grown at a yearly rate of 21.48%, vs industry avg of 12.6%
Increasing Market Share
Over the last 5 years, market share increased from 2.88% to 3.58%
Higher than Industry Net Income
Over the last 5 years, net income has grown at a yearly rate of 30.6%, vs industry avg of 12.29%