Anand Rathi Wealth Ltd

Transaction summary

• Target Company: Anand Rathi Wealth Limited.
• Disclosing Party: Jaipur Securities Private Limited, Promoter Group.
• Transaction Type: Disposal of voting rights via open market.
• Pre-Transaction Holding: 24,60,720 shares (1.481%).
• Details: Sold 1,45,000 voting shares (0.087%), Equity, Open Market, on 06-08-2026.
• Post-Transaction Holding: 23,15,720 shares (1.394%).
• Date of Transaction: 06-08-2026.
• Capital context: Before/After 16,60,41,268 equity shares; Diluted after 16,85,21,268.

Disposal details

• Target Company: Anand Rathi Wealth Limited.
• Disclosing Party: Navratan Mal Gupta HUF (Promoter group).
• Transaction Type: Disposal of shares in open market.
• Pre-Transaction Holding: 23,33,968 shares (1.405%).
• Transaction Details: Sold 2,55,000 shares (0.153%), Open Market.
• Post-Transaction Holding: 20,78,968 shares (1.252%).
• Date of Transaction: 06-08-2026.
• Pre-transaction capital: 16,60,41,268 equity shares.
• Post-transaction capital: 16,60,41,268 equity shares.
• Total diluted capital after: 16,85,21,268 equity shares.

Transaction details

• Target company: Anand Rathi Wealth Limited.
• Disclosing party: Anand Rathi, promoter group.
• Transaction type: Acquisition of voting rights.
• Pre-transaction holding: 1,65,53,780 voting rights, 9.97%.
• Transaction details: acquired 2,97,000 voting rights (0.18%) via Open Market.
• Post-transaction holding: 1,62,56,780 voting rights, 9.79%.
• Date of transaction: 06 August 2026.
• Equity capital before/after: 16,60,41,268 shares (Rs 5 each) both before and after.
• Total diluted capital after: 16,85,21,268 shares.
• Mode of transaction: Open Market.

Invocation of promoter share encumbrance

• Target company: Anand Rathi Wealth Limited.
• Promoter: Anand Rathi IT Private Limited.
• Event: Invocation of encumbrance on promoter shares.
• Encumbered shares: 3 shares, 0.000% of ARWL capital.
• Date of invocation: 11 May 2026.
• Promoter holding before event: 2,97,706 shares (0.36%).
• Post-event encumbered holding: 3 shares (0.000%).

IFSC approval

• Subsidiary ANAND RATHI FME (IFSC) PRIVATE LIMITED received in-principle IFSCA approval as Fund Management Entity (Non-retail) at IFSC.
• Final registration and commencement await IFSCA certificate and compliance with applicable laws.

Financial Performance

• Consolidated revenue ex FV gains/ESOP/tax rose to INR336 crores in Q1 FY27, up from INR284 crores.
• PAT ex FV gains/ESOP/tax rose to INR116 crores, up 24% YoY.
• PAT margin was 34.4% in Q1 FY27, versus 33% in Q1 FY26.
• Reported revenue was INR430 crores and PAT INR163 crores, including FV gains/ESOP/tax.
• Q1 FY27 revenue reached 24% of annual INR1,415 crores guidance; PAT 25% of INR460 crores guidance.

Operating Momentum

• AUM grew 21% YoY to INR1,06,300 crores as on June 30, 2026.
• Net flows for the quarter were INR2,743 crores.
• Equity mutual funds net sales were INR1,900 crores.
• Total client families reached 13,941; AUM attrition 0.09%.
• Digital wealth AUM grew 23% YoY to INR2,526 crores.

Strategy and Guidance

• OFA platform assets stood at INR1.66 lakh crores with 6,890 subscribers.
• UK operations started; contributions expected soon.
• Board approved applying for AMC license; investment banking not pursued.
• Mutual fund market share rose to 2.47% (2.3% actual) by FY26.
• RBI circular on bank guarantees seen as negligible for NBFC derivatives.

Q&A Highlights

• Platinum clients are ~230; target 400–500 in a few years.
• Upgrade rate from INR5–INR50 crore bucket may be 10–20% per quarter.
• AUM per RM has no cap; some manage INR500–INR1,500 crores.
• Gold not recommended; 28% of Indian household savings are in gold.
• Mutual fund share progression supports long-term 4% Category II target; growth plan 8–10 years.

Meeting Details

• Date: 16 July 2026; Virtual group meeting with Group of Individual Investors.
• Date: 23 July 2026; Virtual group meeting with Group of Individual Investors.
• Date: 30 July 2026; Virtual group meeting with Group of Individual Investors.
• Key participants: Company Secretary & Compliance Officer.
• Event: Group of Individual Investors Meetings (organised by Anand Rathi Wealth Ltd).

Announcement

• Audio recording of earnings conference call for Q1 FY27 uploaded on the company's website.
• Transcript will be shared with stock exchanges and uploaded on the company's website in due course.

Standalone highlights

• Revenue from operations ₹31,294.92 lakh; YoY growth ~18%.
• Total income ₹42,182.06 lakh; YoY growth ~54%.
• PBT ₹20,585.25 lakh; YoY growth ~66%.
• PAT ₹16,322.36 lakh; YoY growth ~78%.
• EPS basic ₹9.83; diluted ₹9.69.

Consolidated results & portfolio

• Consolidated numbers reviewed; no material misstatement per auditor.
• Group operates in one segment: sale and distribution of financial products in India.

Strategic & capital actions

• Bonus issue: 1:1; 83,020,634 shares allotted; EPS adjusted.
• ESOP 2025: 2.48 million options approved; grant at ₹5 per share.
• Mutual fund sponsor plan proposed; SEBI approval to be sought; form AMC/Trustee Co.
• Wholly-owned subsidiary Anand Rathi FME (IFSC) Pvt Ltd incorporated Feb 16, 2026; operations not started.