Anand Rathi Share & Stock Brokers Ltd Q1 FY27 Results & Concall Highlights: Revenue, Margins & Order Book
Published 25 Aug 2026 | Capital Markets | Market Cap: ₹3.3K Cr
Anand Rathi Share and Stock Brokers Limited targets a revenue growth range of 15% to 25% annually, aiming for a minimum of 15% to 20% growth consistently. Anand Rathi aims for consistent revenue growth of 15% to 25% annually, with a core target range of 15%-20% year-on-year.
From Anand Rathi Share & Stock Brokers Ltd's Q1 FY27 earnings-call transcript · updated 25 Aug 2026.
Price
₹531
Market Cap
₹3.3K Cr
P/E Ratio
22.0
Revenue Rank
Margin Rank
How does Anand Rathi Share & Stock Brokers Ltd rank in Capital Markets?
Compare Anand Rathi Share & Stock Brokers Ltd against every Capital Markets company this quarter on revenue, margins and earnings-call signals.
Anand Rathi Share & Stock Brokers Ltd — Quarterly revenue & net profit
Reported quarterly figures (₹ Cr). Latest: revenue ₹255 Cr, net profit ₹42 Cr.
Full financials →📊 Revenue & Sales Performance
Rank 3- →Anand Rathi Share and Stock Brokers Limited targets a revenue growth range of 15% to 25% annually, aiming for a minimum of 15% to 20% growth consistently.
- →Profit after tax (PAT) is expected to grow faster, around 30% to 35% per year.
- →The company plans to scale the Margin Trading Facility (MTF) book from ₹1,330 crores to around ₹1,750-1,800 crores in FY27, reflecting strong growth ambitions in this segment.
- →Distribution Assets Under Management (AUM) is targeted to grow by 40%, driven by increasing wallet share and disciplined risk management.
- →Aiming to maintain a balanced revenue mix with near 50-50 contributions from broking and non-broking businesses to reduce volatility.
- →Continued focus on enhancing digital platforms and AI-led insights to deepen client engagement and scalability.
- →Company expects steady growth momentum supported by sustained domestic liquidity and investor participation.
📈 Profitability & Margins
Rank 3- →Anand Rathi aims for consistent revenue growth of 15% to 25% annually, with a core target range of 15%-20% year-on-year.
- →PAT (profit after tax) is expected to grow at a robust rate of 30%-35% annually.
- →The company targets maintaining a balanced 50-50 revenue mix between broking and non-broking segments to reduce volatility impact and enhance stability.
- →MTF (Margin Trading Facility) book is projected to grow from ₹1,330 crores to approximately ₹1,750-₹1,800 crores during FY27.
- →Distribution AUM is targeted to scale by around 40% driven by higher wallet share and disciplined risk management.
- →Operating margins are healthy, with EBITDA margin around 39.54% in Q1 FY27 and continual focus on improving profitability.
- →The focus on digital platform enhancements and deepening client engagement is expected to support scalable growth and earnings stability.
🏗️ Capital Expenditure Plans
Yes- →Anand Rathi Share and Stock Brokers Limited has passed a resolution to create a subsidiary unit in Dubai to address the needs of NRI customers without regulatory hurdles.
- →They are setting up this subsidiary to provide better support and investment products specifically for NRIs in the UAE region.
- →No explicit mention of other current or future capex or strategic investments aside from the Dubai subsidiary expansion.
- →The firm is also investing in enhancing its digital platform to offer real-time data, advanced analytics, AI-led insights, and better integration with India’s digital public infrastructure (UPI, Account Aggregator, eSign, DigiLocker) to strengthen client engagement and scalability.
- →No further capital expenditure details provided in the transcript regarding physical infrastructure or other strategic investments.
💰 Fundraising & Capital Structure
Yes- →The company intends to increase its debt-equity ratio from the current 0.8 times to a more comfortable range of 1.5 to 2 times by raising additional borrowings.
- →Borrowings will be used to expand the Margin Trading Facility (MTF) book and overall business size.
- →The company's improved credit ratings (A1+ for short-term and A+ for long-term facilities) will facilitate borrowing at reasonable costs.
- →There is no explicit mention of any immediate equity fundraising; previous capital infusion occurred through IPO, which temporarily lowered the debt-equity ratio.
- →The focus is on leveraging debt prudently to finance growth without over-leveraging and maintaining comfortable borrowing levels.
- →No new equity fundraising plans are indicated in the disclosed discussion.
📋 Order Book & Pipeline
YesKey Metrics
Revenue
Margin
Capex
Fundraise
Order Book
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What Anand Rathi Share & Stock Brokers Ltd's management said in earlier quarters
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Frequently Asked Questions
What were Anand Rathi Share & Stock Brokers Ltd Q1 FY27 results?
Anand Rathi Share and Stock Brokers Limited targets a revenue growth range of 15% to 25% annually, aiming for a minimum of 15% to 20% growth consistently. Anand Rathi aims for consistent revenue growth of 15% to 25% annually, with a core target range of 15%-20% year-on-year.
What is Anand Rathi Share & Stock Brokers Ltd share price analysis?
Anand Rathi Share & Stock Brokers Ltd currently shows a below-average growth signal. The stock trades at a P/E of 22.0 with a market cap of ₹3,250 Cr. Investors should review the full earnings analysis for detailed insights.
Is Anand Rathi Share & Stock Brokers Ltd planning capital expenditure?
Anand Rathi Share and Stock Brokers Limited has passed a resolution to create a subsidiary unit in Dubai to address the needs of NRI customers without regulatory hurdles.
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This analysis is AI-generated based on publicly available earnings data and concall transcripts. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.
