Anand Rathi Share and Stock Brokers Q3 Net Profit Surges 78% to ₹379 Million
Anand Rathi Share and Stock Brokers delivered robust Q3 performance with net profit jumping 78% to ₹379 million and revenue expanding 24% to ₹2.48 billion. The company's EBITDA grew to ₹1.02 billion with margin improvement to 41.07%, while operational metrics showed strong growth including 47.7% increase in Assets under Custody and 46.1% growth in MTF book.
*this image is generated using AI for illustrative purposes only.
Anand Rathi Share and Stock Brokers Limited announced robust consolidated financial results for the quarter, demonstrating strong growth across key financial metrics. The company delivered impressive performance with revenue from operations expanding 24% year-on-year to ₹2.48 billion, while maintaining healthy profitability margins.
Strong Financial Performance in Q3
The company's financial performance showcased significant growth momentum across all major parameters:
| Metric | Q3 Current | Q3 Previous | YoY Growth | Margin |
|---|---|---|---|---|
| Revenue from Operations | ₹2.48 billion | ₹2.00 billion | 24.0% | - |
| Net Profit | ₹379.00 million | ₹213.00 million | 78.0% | 15.3% |
| EBITDA | ₹1.02 billion | ₹767.00 million | 33.0% | 41.07% |
The company's net profit margin of 15.3% and EBITDA margin of 41.07% reflect strong operational efficiency and profitability management during the quarter. The EBITDA margin improved from 37.67% in the previous year, demonstrating enhanced operational leverage.
Segmental Revenue Breakdown
The company's diversified revenue streams contributed to the overall growth, with all major segments showing positive momentum:
| Segment | Revenue | YoY Growth |
|---|---|---|
| Broking-Related Services | ₹1,286.60 million | 12.0% |
| Interest on MTF | ₹438.30 million | 45.7% |
| Distribution Income | ₹250.60 million | 37.7% |
| Other Income from Operations | ₹506.50 million | 22.8% |
Nine-Month Performance Overview
For the nine months period, the company maintained steady growth trajectory:
| Metric | 9M Current | YoY Growth | Margin |
|---|---|---|---|
| Revenue from Operations | ₹6,765.10 million | 4.7% | - |
| EBITDA | ₹2,685.40 million | 12.6% | 39.7% |
| PAT | ₹877.20 million | 3.0% | 12.9% |
Key Operational Metrics
The company's operational metrics demonstrate strong business fundamentals and client engagement:
| Parameter | Value | QoQ Growth | YoY Growth |
|---|---|---|---|
| Assets under Custody | ₹1,057,727.00 million | 3.7% | 47.7% |
| Assets under Management | ₹83,688.00 million | 8.2% | 32.1% |
| MTF Book | ₹12,317.00 million | 13.6% | 46.1% |
| Active Clients | 158,601 | 5.8% | - |
The Margin Trading Facility book's 46.1% year-on-year growth showcases strong investor appetite and platform engagement, while the 32.1% growth in Assets under Management creates an enduring revenue pipeline for future growth.
Management Commentary
Mr. Pradeep Gupta, Chairman and Managing Director, highlighted the company's resilient performance despite challenging market conditions. He noted that Assets under Custody rose 48% year-on-year to ₹1.06 trillion, reflecting clients' trust and the company's disciplined approach to financial stewardship. The management emphasized their focus on de-risking and stabilizing earnings through increased exposure in non-broking segments.
Mr. Roop Kishor Bhootra, Wholetime Director, added that the non-broking segment showed particular strength, with interest income from MTF and Distribution income rising 43% year-on-year to ₹689.00 million. The company expanded its physical presence by adding 5 branches during the quarter, bringing the total footprint to 97 branches across the country.
19
