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Anand Rathi Share & Stock Brokers Ltd

Q2 FY27Capital Markets

Anand Rathi Share & Stock Brokers Q2 FY27 earnings call: Revenue & Margins

Q2 FY27 earnings call: what management guided on revenue, margins and order book.

Price₹506
Market cap₹3.2K Cr
P/E21.6
Updated16 Oct 2026
Read4 min read

Based on our transcription of the Q2 FY27 call recording. The company has not filed its transcript yet; this page will switch to it when it does.

What the Q2 FY27 call signalled

1 of 2 strong

RevenueGood growth
MarginMargins steady

The short version

The company targets a growth of 15-20% in topline (sales/revenue). Management targets growth of 15-20% in top-line (revenue) and 25-30% in bottom-line (profit) going forward (Page 9).

From Anand Rathi Share & Stock Brokers Ltd's Q2 FY27 earnings-call transcript · updated 16 Oct 2026.

Revenue & Sales Performance

Good growth
  • The company targets a growth of 15-20% in topline (sales/revenue).
  • Bottom line (profit) growth is expected to be around 25-30%.
  • Broking business is projected to grow by about 15-20%.
  • Non-broking segment, including distribution and margin trading facility (MTF), is expected to grow by 30-35%, potentially up to 40% in some areas.
  • Margin Trading Facility (MTF) book target for FY27 is approximately ₹1750 to ₹1800 crore.
  • Distribution AUM is targeted to grow by 40% by the end of the current financial year.

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Profitability & Margins

See what Anand Rathi Share & Stock Brokers Ltd said on profitability & margins — free account, 30 seconds.

Capital Expenditure Plans

Based on the transcript provided from the document "fy27-q2.pdf," there is no explicit mention of any current or planned future capex, capital investment, or strategic investment. However, there are strategic directions and business focus areas mentioned: - The company is consolidating and strengthening existing business lines rather than entering new business segments. - There is ongoing investment in digital platform and technology to boost scalable and seamless digital ecosystem (digital platform contributed 36% of brokerage income). - Expansion of distribution products like mutual funds, PMS, and looking into AIF products. - Strengthening NRI business segment and insurance distribution.

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Top-ranked in Capital Markets

Ranked on what management guided this quarter

Guidance-ranked
1BSE
Rev 2Mar 3
2Nippon Life Ind.
Rev 2Mar 3
3
Rev 2Mar 3
4
Rev 2Mar 3
5
Rev 2Mar 3
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Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.

Fundraising & Capital Structure

See what Anand Rathi Share & Stock Brokers Ltd said on fundraising & capital structure — free account, 30 seconds.

Order Book & Pipeline

The transcript and provided pages do not explicitly mention the current or expected order book or pending orders for Anand Rathi Share and Stock Brokers Limited in Q2 FY27. The discussion largely focuses on financial performance, product segments, client engagement, margin trading facility (MTF) growth, and strategic focus areas such as broking and non-broking business growth. Key related points: - The MTF book value achieved 14,993 million against a year-end guidance of 17,500 to 18,000 million, achieving 57% of the target in the first half. - Distribution AUM grew by 29% compared to March 26 guidance.

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Anand Rathi Share & Stock Brokers Ltd — Quarterly revenue & net profit

Revenue Net profit
Dec 2024Q3 FY25
Mar 2025Q4 FY25
Jun 2025Q1 FY26
Sep 2025Q2 FY26
Dec 2025Q3 FY26
Mar 2026Q4 FY26

Q2 FY27 figures are not in this chart yet. Latest shown: Mar 2026 (Q4 FY26). The Q2 FY27 numbers from the filing are in the analysis on this page.

Reported quarterly figures (₹ Cr). Latest (Q4 FY26): revenue ₹255 Cr, net profit ₹42 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.

Full financials →

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What Anand Rathi Shar's management said in earlier quarters

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Frequently Asked Questions

What were Anand Rathi Share & Stock Brokers Ltd Q2 FY27 results?

The company targets a growth of 15-20% in topline (sales/revenue). Management targets growth of 15-20% in top-line (revenue) and 25-30% in bottom-line (profit) going forward (Page 9).

What is Anand Rathi Share & Stock Brokers Ltd share price analysis?

Anand Rathi Share & Stock Brokers Ltd currently shows a moderate growth signal based on ranking data. The stock trades at a P/E of 21.6 with a market cap of ₹3,190 Cr. Investors should review the full earnings analysis for detailed insights.

Is Anand Rathi Share & Stock Brokers Ltd planning capital expenditure?

Based on the transcript provided from the document "fy27-q2.pdf," there is no explicit mention of any current or planned future capex, capital investment, or strategic investment.

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This analysis is AI-generated based on publicly available earnings data and the company's earnings call transcript. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.