Anand Rathi Wealth Limited reported consolidated financial results for Q1 FY27, with adjusted profit after tax growing 24% year-on-year to Rs 116 crore. Adjusted total revenue rose 18% to Rs 336 crore, and adjusted profit before tax increased 24% to Rs 156 crore.
On a reported basis including fair value gains on investments and ESOP expenses, Q1 FY27 total revenue was Rs 432 crore, profit before tax was Rs 206 crore, and profit after tax was Rs 163 crore. Earnings per share on this basis was Rs 9.8, compared with Rs 5.7 in the same quarter last year.
Assets under management crossed the Rs 0.01 crore crore milestone at Rs 1,06,300 crore, a 21% year-on-year increase. Net inflows during the quarter stood at Rs 2,743 crore. Mutual fund distribution revenue grew 16% to Rs 132 crore.
Active client families increased 13% year-on-year to 13,941. Anand Rathi Wealth added 1,611 new client families on a net basis over the last twelve months. Relationship managers rose by 35 to 417. Client attrition measured by AUM lost was 0.09%, and regret RM attrition was zero during the quarter.
Digital Wealth AUM grew 23% to Rs 2,526 crore. The Omni Financial Advisor subscriber base increased to 6,890 from 6,627 a year earlier. The UK subsidiary commenced operations. Anand Rathi Wealth is pursuing regulatory approvals for Bahrain and GIFT City.
In Q1 FY27, Anand Rathi Wealth achieved 24% of its full-year revenue guidance of Rs 1,415 crore and 25% of its full-year PAT guidance of Rs 460 crore.
Disclaimer: This article is based on company filings submitted to the Bombay Stock Exchange (BSE) and National Stock Exchange of India (NSE) and is for informational purposes only. It does not constitute investment advice or a recommendation. Investors should conduct their own research and consult a qualified financial advisor before making investment decisions.