Anand Rathi Wealth Q4 FY26: Profit Soars 40%, AUM Crosses ₹1 Trillion

Anand Rathi Wealth Limited has concluded the fiscal year 2026 with an exceptional performance in its fourth quarter. The company reported a significant 40% year-on-year increase in net profit, alongside robust growth in revenue and assets under management (AUM). In a move reflecting its strong financial health and confidence in future growth, the board announced a 1:1 bonus share issue and a final dividend of ₹7 per share. A major milestone was achieved shortly after the fiscal year-end, with the company's AUM crossing the landmark figure of ₹1 trillion. These results underscore the firm's consistent growth trajectory and its strengthening position in India's wealth management sector.

Stellar Q4 Financial Performance

For the fourth quarter ending March 31, 2026, Anand Rathi Wealth posted a consolidated net profit of ₹103 crore, marking a 40% increase compared to the same period last year. The company's total reported revenue for the quarter grew by 47.6% year-on-year to reach ₹356 crore. These figures include the impact of fair value gains on investments. When excluding these gains and other related effects for a clearer view of core operations, the performance remains strong. The adjusted net profit stood at ₹92 crore, a 25% year-on-year growth, on an adjusted revenue of ₹302 crore, which also grew by 25%. The profit after tax (PAT) margin for the quarter remained stable at a healthy 30.5%, consistent with the previous year.

A Robust Full-Year FY26 Report Card

The company's performance for the full fiscal year 2026 was equally impressive. The reported consolidated revenue for FY26 increased by 28% to ₹1,253 crore, with the reported net profit rising by 32% to ₹397 crore. On an adjusted basis, excluding fair value gains and ESOP expenses, the total revenue for the year was ₹1,198 crore, a 22% increase from FY25. The adjusted profit after tax grew by 28% to ₹386 crore, surpassing the company's own guidance of ₹375 crore. This performance led to an improvement in the adjusted PAT margin, which expanded from 30.7% in FY25 to 32.2% in FY26. The company also reported a best-in-industry Return on Equity (ROE) of 46.74% for the year.

AUM Surpasses ₹1 Trillion Milestone

A key highlight from the earnings announcement was the growth in Assets Under Management. As of March 31, 2026, the company's AUM stood at ₹93,037 crore, a 21% increase year-on-year. Shortly after, on April 9, 2026, the company announced it had crossed the significant milestone of ₹1 trillion (₹1 lakh crore) in AUM, driven by positive equity market movements and sustained net inflows. This achievement reinforces its status as a leading wealth manager. The growth was supported by an expanding client base, with active client families increasing by 14% to 13,395. The team of relationship managers also grew to 401, with each manager handling an average AUM of approximately ₹226 crore.

Shareholder Rewards: Bonus Issue and Dividend

In a significant move to reward its shareholders, the Board of Directors recommended a bonus issue of equity shares in a 1:1 ratio. This means eligible shareholders will receive one additional equity share for each share they hold. The board also proposed a final dividend of ₹7 per equity share for the financial year 2026. Both the bonus issue and the dividend are subject to shareholder approval. These announcements signal management's confidence in the company's sustained profitability and cash flow generation capabilities.

Management's Outlook and FY27 Guidance

Looking ahead, Anand Rathi Wealth has provided a confident outlook for the fiscal year 2027. The management has guided for a total revenue of ₹1,415 crore and a profit after tax of ₹460 crore. The company also aims to increase its AUM to ₹1,20,000 crore by the end of FY27. Management reiterated its guiding principle of "under-commit and over-deliver," suggesting these targets are set conservatively. This forward-looking guidance is based on the company's consistent track record, which includes delivering year-on-year PAT growth of over 20% for 18 consecutive quarters.

Financial Performance Summary

Conclusion

Anand Rathi Wealth's Q4 and full-year FY26 results demonstrate a period of exceptional growth and operational strength. The company not only exceeded its financial targets but also achieved a landmark AUM milestone and rewarded shareholders generously. With a clear strategy, consistent execution, and strong guidance for FY27, the firm is well-positioned to continue its growth momentum in the competitive Indian wealth management landscape.