Anand Rathi Wealth Ltd delivered strong financial performance in the third quarter, reporting significant growth across key metrics. The Mumbai-based financial services company demonstrated robust operational efficiency while expanding its digital wealth management capabilities and client base.

Strong Q3 Financial Performance

The company's quarterly results showcased impressive growth momentum across all major financial parameters:

The company maintained its strong profitability profile with an EBITDA margin of 45.5%, slightly improving from 45.3% in the corresponding quarter of the previous year. The consistent margin performance reflects effective cost management and operational efficiency.

Nine-Month Period Performance

For the nine-month period ended December 2025, Anand Rathi Wealth reported consolidated profit after tax of ₹294.00 crore, marking a 29% year-on-year increase. Total revenue for the period rose 21% to ₹897.00 crore, demonstrating sustained business momentum.

Business Segment Growth

Mutual fund distribution revenue grew 21% year-on-year to ₹366.00 crore, supported by robust net inflows of ₹10,078 crore, representing a 10% increase from the previous year. Equity mutual fund net inflows increased 4% year-on-year to ₹6,082 crore, reflecting strong investor confidence.

The private wealth segment showed healthy expansion with active client families increasing 16% year-on-year to 13,262. The number of relationship managers also grew from 383 to 393, supporting the expanding client base.

Digital Wealth Expansion

Digital wealth management emerged as a key growth driver, with assets under management growing 29% year-on-year to ₹2,359 crore. The Omni Financial Advisor's subscriber base increased to 6,850 from 6,273 in the previous year, reflecting strong adoption of the company's digital wealth offerings.

Assets Under Management and Client Metrics

Total assets under management stood at ₹99,008 crore, registering 30% year-on-year growth, supported by steady net inflows and strong client engagement. The company onboarded 1,800+ clients during the year, bringing its total client base to 13,262 families. Client retention remained strong with attrition measured by AUM lost at just 0.31% for the first nine months of FY26.

Leadership Commentary and Outlook

Rakesh Rawal, CEO, and Feroze Azeez, Joint CEO, expressed confidence in the company's growth trajectory, stating they are confident of delivering long-term growth of 20-25%, driven by the uncomplicated and scalable nature of their business model. The leadership team also announced the opening of a new office in Mangalore in memory of Chethan Shenoy, described as their best friend and family member.

Anand Rathi Wealth has reported strong operational performance in its third quarter results, with EBITDA reaching ₹1.30 billion compared to ₹1.07 billion in the corresponding quarter of the previous year. This represents a significant year-on-year growth of 21.5%, demonstrating the company's robust business momentum and operational excellence.

Financial Performance Highlights

The wealth management firm's quarterly performance showcased both revenue growth and margin expansion. The company's EBITDA margin improved to 45.38% in Q3 from 45.17% in the same quarter of the previous year, indicating enhanced operational efficiency and effective cost management.

Operational Efficiency

The marginal improvement in EBITDA margin, though modest at 21 basis points, reflects the company's ability to maintain operational discipline while scaling its business. The sustained high margin levels above 45% demonstrate Anand Rathi Wealth's strong positioning in the wealth management sector and its ability to generate consistent profitability.

Business Performance

The substantial growth in absolute EBITDA terms, coupled with margin expansion, indicates that the company has successfully balanced revenue growth with cost optimization. This performance reflects the effectiveness of the company's business strategy and its ability to capitalize on market opportunities in the wealth management space.