Anand Rathi Wealth Q1 Results: Profit rises 24% to Rs 116 crore, revenue grows 18%

Anand Rathi Wealth reported a 24% year-on-year (YoY) rise in consolidated profit after tax for the June quarter, while revenue grew 18% as the company crossed Rs 1 lakh crore in assets under management. The wealth management firm said profit after tax rose to Rs 116 crore in Q1FY27 from Rs 93.8 crore in the same quarter last year. Total revenue increased to Rs 336 crore from Rs 284.1 crore. Profit before tax also rose 24% year-on-year to Rs 156 crore.

The numbers exclude fair value gains on investments, ESOP expenses and related tax effects to allow better comparison with the previous year. Including fair value gains, ESOP expenses and related tax effects, Anand Rathi Wealth reported total revenue of Rs 432.3 crore and profit after tax of Rs 163 crore for the quarter. Earnings per share stood at Rs 9.8, compared with Rs 5.7 a year earlier.

The company’s assets under management rose 21% year-on-year to Rs 1,06,300 crore, crossing the Rs 1 lakh crore mark during the quarter. Net inflows stood at Rs 2,743 crore despite volatile market conditions.


Mutual fund distribution revenue increased 16% year-on-year to Rs 132 crore. The company said its private wealth business continued to add clients, with active client families rising 13% year-on-year to 13,941. The number of relationship managers increased by 35 over the past year to 417.

The company’s digital wealth business also grew during the quarter, with AUM rising 23% year-on-year to Rs 2,526 crore. Omni Financial Advisor’s subscriber base increased to 6,890 from 6,627 in Q1FY26. Anand Rathi Wealth also said its UK subsidiary has started operations.

CEO Rakesh Rawal and Joint Chief Executive Officer Feroze Azeez said the company delivered consistent growth in a volatile equity market environment because of its “uncomplicated business model” and focus on client outcomes.

They said Anand Rathi Wealth achieved 24% of its full-year revenue guidance of Rs 1,415 crore and 25% of its full-year profit after tax guidance of Rs 460 crore in the first quarter itself.

The company added 1,611 client families on a net basis over the past 12 months. Client attrition, measured by AUM lost, remained low at 0.09%. It also reported zero regret relationship manager attrition during the quarter.

The management said wealth management is a “slow compounding trust business” and that sustainable growth depends on patience, transparency, long-term relationships and putting client interests first.