Anand Rathi Wealth FY26: 1:1 bonus and ₹7 dividend

Why Anand Rathi Wealth is in focus

Anand Rathi Wealth drew market attention after its board cleared two shareholder actions alongside its January to March 2026 results. The company approved a 1:1 bonus issue by capitalising reserves and announced a final dividend of ₹7 per equity share for FY26. The record date for the bonus issue is yet to be announced and will be communicated separately through an exchange filing. Both the bonus issue and dividend remain subject to shareholder and regulatory approvals, as applicable. The announcements came at a time when the stock was already trading near record levels.

Board decisions announced with Q4 and FY26 results

The company said its board approved the audited financial results for the fourth quarter and the financial year ended March 31, 2026. Alongside the results, the board declared a final dividend for FY26 and proposed a bonus issue. The dividend will be placed before shareholders at the upcoming annual general meeting (AGM). If approved by members, the company said the dividend will be paid within 30 days from the date of the AGM. The bonus issue proposal is also subject to shareholder and other regulatory approvals.

Bonus issue: 1:1 ratio and face value details

Anand Rathi Wealth announced a bonus issue in the ratio of 1:1. This means eligible shareholders will receive one new fully paid-up equity share for every one existing fully paid-up equity share held on the record date. The company specified that both the existing and the new shares carry a face value of ₹5 each. The record date has not been declared yet and will be intimated separately. Reports also noted that this would be the company’s second bonus issue since listing in December 2021, with the previous 1:1 bonus issue reported in March 2025.

Dividend: ₹7 per share, 140% of face value

The board declared a final dividend of ₹7 per equity share for FY26. The company described this as 140% of the ₹5 face value. The dividend payment is subject to approval by shareholders at the ensuing AGM, and the company indicated it would be paid within 30 days of the AGM date if approved. Another report also mentioned an interim dividend of ₹6 per share, taking the total dividend for the year to ₹13 per equity share, subject to shareholder approval.

Q4 FY26 performance: profit, revenue and AUM

For Q4 FY26, the company reported a consolidated net profit of ₹103.1 crore, up 40.5% year-on-year (YoY) from ₹73.37 crore. Revenue from operations rose about 30% YoY to ₹287.82 crore compared with ₹221.96 crore in the year-ago quarter. Separately, another report pegged Q4 consolidated net profit at ₹103.45 crore and quarterly revenue at ₹302 crore.

The company also reported that total assets under management (AUM) rose 21% YoY to ₹93,037 crore. Return on equity (RoE) was stated at 46.7% in the quarter update.

FY26 full-year numbers disclosed in reports

A report cited that the company recorded profit of ₹386 crore in FY26, which was 28% higher than the previous year. It also said total revenue rose 22% YoY to ₹1,198 crore for the full year. Another data point in the coverage noted that for the first nine months of FY26, profit after tax (PAT) increased 29% to ₹294 crore, while revenue grew 21% to ₹897 crore.

Stock reaction: record highs and sector comparison

After the announcements and results, the stock traded above prior highs during the session. Coverage noted the share price reached around ₹3,449 and crossed the previous 52-week high of ₹3,323.85. Another update said shares were trading at about ₹3,477 at 2 pm on Thursday after the results. A separate market snapshot put the day’s all-time high at ₹3,480.70, with the company’s market capitalisation close to ₹29,000 crore.

The reports also stated the stock has delivered a 1,265% return from its IPO price, after a multibagger run of over four years.

Valuation discussion highlighted in the coverage

One note flagged valuation concerns, stating the stock’s price-to-earnings (P/E) multiple was around 70-77 times on trailing 12-month earnings. It compared this with an average P/E of 45.7 times for peers and about 22.5 times for the broader Indian capital markets industry average. The same note cited IIFL Wealth Management (360 ONE WAM) trading at around 32-35 times P/E, and Kotak Mahindra Bank at about 19-24 times. It also mentioned a dividend yield range of roughly 0.18% to 0.41%.

Another Anand Rathi group result in focus

Separate from the wealth management business, Anand Rathi Share and Stock Brokers reported strong YoY growth in its Q4 consolidated numbers. The company’s profit surged 125.7% to ₹41.5 crore from ₹18.4 crore. Revenue rose 28% to ₹255.65 crore from ₹199.6 crore. Net interest income increased 58.3% to ₹69.8 crore from ₹44.1 crore.

Key numbers at a glance

What investors will watch next

For Anand Rathi Wealth, attention will be on the record date announcement for the bonus issue and the AGM timeline for dividend approval. Investors will also track how the company sustains growth in profit, revenue and AUM in a market environment that reports described as volatile. The valuation discussion in the coverage indicates the market is pricing in continued high growth, making quarterly execution and disclosures important. Any further exchange filings on the bonus issue process and corporate action dates will also be key near-term triggers.

Conclusion

Anand Rathi Wealth’s board-approved 1:1 bonus issue and ₹7 final dividend for FY26 came alongside a strong Q4 performance and a stock move to fresh highs. The next confirmed milestones are the record date communication and shareholder approval at the AGM, after which the dividend is expected to be paid within 30 days of the AGM date.