Anand Rathi Shares and Stock Brokers Limited reported strong sequential growth in its December quarter results, with net profit surging 33% quarter-on-quarter to ₹370.00 crore. The broking firm demonstrated resilient performance with revenue from operations increasing 9% sequentially to ₹248.00 crore, while maintaining stable profitability margins.

Strong Sequential Performance in Q3

The company's financial performance showcased significant sequential growth momentum across key parameters:

The company's EBITDA margin remained stable at 40.81%, declining marginally by 40 basis points from 41.19% in the September quarter, demonstrating consistent operational efficiency.

Operational Metrics Show Steady Growth

The company's key operational indicators reflected strong business fundamentals and expanding client engagement:

Segment-wise Performance

The broking segment showed improvement with brokerage income rising to ₹97.20 crore from ₹88.50 crore in the September quarter. The Margin Trading Facility book has emerged as a significant revenue contributor, now accounting for 18% of the company's overall topline.

Management Outlook

Pradeep Gupta, Chairman and Managing Director, emphasized the company's strategic focus on diversification. "We will continue our focus on de-risking and stabilizing our earnings through increased exposure in the non-broking segments," he stated.

Stock Performance

Shares of Anand Rathi Shares and Stock Brokers ended 0.2% lower at ₹632.70. The stock has declined 20% from its post-listing high of ₹794.00 but remains 100% higher than its IPO price of ₹414.00 per share, reflecting strong investor confidence in the company's long-term growth prospects.

Anand Rathi Share and Stock Brokers Limited has disclosed that its wholly owned subsidiary has received board approval to expand into new business verticals in GIFT City, marking a significant strategic development for the financial services group.

Board Approval for Business Expansion

The Board of Directors of Anand Rathi International Ventures (IFSC) Private Limited (ARIVPL), the wholly owned subsidiary of Anand Rathi Share and Stock Brokers Limited, convened on January 13, 2026, to consider amendments to the company's main object clause. The board approved the entry into two distinct new lines of business, subject to shareholder approval.

New Business Verticals

The approved business expansion encompasses two key areas of financial services:

Both business lines will operate within the International Financial Services Centres Authority (IFSCA) regulatory framework, positioning the subsidiary to serve clients in the international financial services sector.

Regulatory Compliance

The disclosure was made pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has informed both BSE Limited (Scrip Code: 544530) and National Stock Exchange of India Ltd. (Symbol: ARSSBL) about this corporate development.

Next Steps

The implementation of these new business lines remains contingent upon obtaining approval from the shareholders of ARIVPL. The company has indicated that detailed disclosure regarding this development will be made available on its investor website at anandrathi.com/investors.

This strategic expansion represents Anand Rathi's continued efforts to diversify its service portfolio and establish a stronger presence in the international financial services landscape through its GIFT City operations.