Anand Rathi Wealth (ANANDRATHI) investor relations material

Executive summary

• Achieved INR 1 lakh crore in AUM post year-end, meeting a key guidance milestone, with FY26 AUM up 20.7% to ₹93,037 Cr and consistent market-agnostic performance reflected in 18 consecutive quarters of YoY PAT growth above 20% and a 16-quarter mean PAT growth of 32.2%.

• Board approved a 1:1 bonus share issue and a final dividend of INR 7 per share, subject to shareholder and regulatory approvals.

• Audited standalone and consolidated financial results for Q4 and FY26 were approved, with an unmodified auditor's opinion.

• Outperformed FY26 guidance on revenue and PAT; FY27 guidance targets INR 1,415 crore revenue, INR 460 crore PAT, and INR 1.2 lakh crore AUM.

• Sale of entire shareholding in Freedom Wealth Solutions Private Limited completed; results classified as discontinued operations.

Financial highlights

• FY26 consolidated revenue from operations grew 22% YoY to INR 1,14,882.50 lakhs; PAT up 28% YoY to INR 39,744.05 lakhs.

• Q4 FY26 revenue (excluding exceptional items) up 25% YoY to INR 302 crores; PAT up 25% YoY to INR 92 crores.

• Including fair value gains and ESOP, FY26 revenue was INR 1,253 crores (+28%), PAT INR 397 crores (+32%).

• Mutual fund distribution revenue grew 22% YoY to INR 494 crores.

• Basic EPS (consolidated) for FY26 was Rs. 47.84, up from Rs. 36.14 in FY25.

Outlook and guidance

• FY27 guidance: revenue of INR 1,415 crores, PAT of INR 460 crores, and AUM of INR 1.2 lakh crore.

• Board recommended a final dividend and bonus share issue, reflecting confidence in future cash flows and capital position.

• Focus on expanding wallet share, adding new RMs and client families, and leveraging organic growth.