Quarterly Results
Anand Rathi Wealth Q1 FY27 Results: PAT Rises 24% YoY, Revenue Up 18%, AUM Crosses ₹1 Lakh Crore
NSE
anandrathi
BSE
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Anand Rathi Wealth Limited reported a strong start to FY27 with 24% YoY growth in Profit After Tax (PAT) and 18% YoY growth in revenue. The company also crossed the significant milestone of ₹1 lakh crore in Assets Under Management (AUM), supported by healthy client additions, robust inflows, and continued expansion across its wealth management business.
PRICE-SENSITIVE TRIGGER
Event: Announcement of Q1 FY27 financial results.
Type: Quarterly Financial Results
Impact: Positive
Immediate Effect: The company delivered double-digit growth in revenue, profitability and AUM while maintaining healthy client acquisition and expanding its wealth management platform, reinforcing its FY27 growth outlook.
Financials:
Key Metrics:
- Revenue: ₹336.4 crore (↑18% YoY)
- Profit Before Tax (PBT): ₹156.3 crore (↑24% YoY)
- Profit After Tax (PAT): ₹115.9 crore (↑24% YoY)
- Assets Under Management (AUM): ₹1,06,300 crore (↑21% YoY)
- Reported Revenue (Including Fair Value Gains): ₹432.3 crore
- Reported PAT (Including Fair Value Gains): ₹163.0 crore
- Reported EPS: ₹9.8
- Mutual Fund Distribution Revenue: ₹132 crore (↑16% YoY)
- Net Inflows: ₹2,743 crore
- Active Client Families: 13,941 (↑13% YoY)
- Relationship Managers: 417 (up by 35 YoY)
- Digital Wealth AUM: ₹2,526 crore (↑23% YoY)
- OFA Subscriber Base: 6,890
Highlight:
- Anand Rathi Wealth crossed the ₹1 lakh crore AUM milestone, reaching ₹1,06,300 crore, while PAT increased 24% YoY during Q1 FY27.
What Happened ?
Anand Rathi Wealth reported robust quarterly performance for Q1 FY27 despite volatile equity markets. Revenue increased to ₹336.4 crore, while PAT rose to ₹115.9 crore after adjusting for fair value gains, ESOP expenses and related tax effects.
Operationally, the company achieved multiple milestones including crossing ₹1 lakh crore AUM, generating ₹2,743 crore of net inflows, expanding its relationship manager network, growing active client families, and commencing operations through its UK subsidiary. Management also indicated that Q1 performance represents 24% of its FY27 revenue guidance and 25% of its FY27 PAT guidance.
Key details
Q1 FY27 Business & Operational Highlights:
- Revenue grew 18% YoY to ₹336.4 crore.
- PAT increased 24% YoY to ₹115.9 crore.
- AUM crossed ₹1,06,300 crore, marking the company’s first ₹1 lakh crore milestone.
- Net inflows remained strong at ₹2,743 crore despite volatile market conditions.
- Mutual Fund Distribution revenue rose 16% YoY to ₹132 crore.
- Active client families increased to 13,941, reflecting 13% YoY growth.
- Relationship Manager strength expanded to 417, an increase of 35 over the previous year.
- Digital Wealth AUM grew 23% YoY to ₹2,526 crore.
- Omni Financial Advisor subscriber base increased to 6,890.
- The company’s wholly owned UK subsidiary commenced operations during the quarter.
- Client attrition remained extremely low at 0.09%, while zero regret RM attrition was recorded during the quarter.
Note:
- The company stated that the adjusted financial results exclude fair value gains on investments, ESOP expenses and related tax effects to provide better year-on-year comparability. Reported financials including these items were also disclosed separately.
Risk Analysis
Summary:
- The company’s operating performance remained resilient despite market volatility. However, business growth continues to depend on capital market conditions, sustained client inflows, and execution of its expansion strategy.
Key Risks:
- Volatile equity markets may affect investor sentiment and fresh inflows.
- Revenue remains linked to growth in AUM and market performance.
- Expansion into new international markets requires successful regulatory approvals and execution.
- Wealth management remains a highly competitive industry requiring continued client retention and advisor productivity.
Worst Case:
- A prolonged market correction or weaker client inflows could moderate AUM growth, impacting fee-based revenue and profitability.
Risk Level: Medium
Company Commentary
- Management highlighted another quarter of consistent and market-agnostic growth despite volatile equity markets.
- The company achieved 24% of its FY27 revenue guidance and 25% of its FY27 PAT guidance in the first quarter.
- AUM crossed ₹1 lakh crore, supported by strong client acquisition and net inflows.
- Client attrition remained low at 0.09%, while relationship manager attrition was zero during the quarter.
- Management reiterated confidence in achieving its full-year FY27 guidance based on the strength of its business model and long-term growth opportunities.
Official Exchange Filing: Anand Rathi Wealth Limited
