Anand Rathi Wealth Limited is a listed Indian private-wealth manager offering objective-driven wealth solutions to HNIs and UHNIs, distribution of mutual funds and structured products, a digital wealth business and an OFA platform for MFDs/IFAs, with operations across major Indian cities and international presence in Dubai and the UK.

FY26 was a strong year: consolidated total revenue (ex-exceptionals) rose 22% year-on-year to ₹1,198 crore and PAT grew 28% to ₹386 crore, with PAT margin improving to ~32.2% and annualized ROE at an industry-leading 46.7%, reflecting high operating leverage in the business model.

AUM expanded materially: reported AUM rose ~20.7% year-on-year to ₹93,037 crore as of 31 March 2026 and the company later communicated that market movement pushed AUM past ₹1,00,000 crore post-quarter; management has given FY27 guidance of ₹1,20,000 crore AUM, indicating continued growth ambition.

Digital and platform businesses are scaling: the digital wealth vertical recorded AUM of ₹2,218 crore with 7,106 clients, while the OFA platform has 6,906 subscribers and platform assets of ~₹1.47 lakh crore, representing a significant distribution and SaaS-adjacent avenue for future fee diversification.

Governance and shareholder returns remain shareholder-friendly: ARWL has a track record of dividends, buy-backs and announced a 1:1 bonus (subject to shareholder approval) for FY27, while management emphasizes transparency, relationship-driven growth and conservative guidance ('under-commit, over-deliver').