Anand Rathi Wealth Limited , a leading wealth management firm, has reported robust financial results for the second quarter of fiscal year 2026, demonstrating strong growth across key metrics.

Financial Highlights

The company's consolidated revenue for Q2 FY26 grew by 23% year-on-year to ₹307.00 crores, up from ₹250.00 crores in the same quarter last year. Profit After Tax (PAT) saw an impressive increase of 31%, reaching ₹99.89 crores compared to ₹76.00 crores in Q2 FY25.

For the first half of FY26, Anand Rathi Wealth reported:

• Total revenue growth of 19% year-on-year to ₹591.00 crores
• PAT increase of 29% to ₹194.00 crores
• PAT margin improvement to 32.8% from 30.2% in H1 FY25

The company has already achieved 50.3% of its full-year revenue guidance of ₹1,175.00 crores and 52% of its PAT guidance of ₹375.00 crores for FY26.

Assets Under Management (AUM) Growth

Anand Rathi Wealth's AUM reached ₹91,568.00 crores, marking significant growth from its IPO-time AUM of ₹30,200.00 crores four years ago. The company's market share in equity mutual funds net inflows stood at 2.33% for H1 FY26.

Client Base and Retention

The firm added over 1,800 families in the last 12 months, bringing its total client base to 12,781. Notably, the company maintained a low client attrition rate of 0.09% for the quarter and 0.18% for H1 FY26, reflecting strong client trust and satisfaction.

Product Performance

Equity mutual fund net flows surged 101% year-on-year to ₹2,062.00 crores in Q2 FY26. Total net flows for the quarter increased by 28% to ₹3,302.00 crores, while H1 FY26 total net flows rose by 20% to ₹6,827.00 crores.

Financial Strength and Shareholder Returns

The company reported a strong annualized Return on Equity (ROE) of 45.5% for H1 FY26. In a move to reward shareholders, the Board of Directors declared a 120% interim dividend, amounting to ₹6.00 per equity share.

Management Commentary

Feroze Azeez, Joint CEO of Anand Rathi Wealth, expressed confidence in the company's growth trajectory, stating, "We have delivered the 16th quarter of consistent and market agnostic performance despite the challenging environment." He also highlighted the company's focus on client objectives and risk-adjusted returns.

Future Outlook

Management remains optimistic about sustaining 20-25% growth rates and maintaining the AUM guidance of ₹1 lakh crores. The company is also exploring opportunities in international markets, including initiatives in Gift City and applying for licenses in Bahrain and the UK.

Anand Rathi Wealth's strong performance in Q2 FY26 underscores its robust business model and effective strategy in navigating market challenges while delivering value to clients and shareholders alike.

Anand Rathi Wealth Limited , a leading wealth management firm in India, has reported robust financial results for the second quarter and first half of fiscal year 2026, demonstrating strong growth across key metrics.

Q2 FY26 Highlights

For the quarter ended September 30, 2025, Anand Rathi Wealth posted impressive year-on-year growth:

• Total revenue increased by 23% to ₹307.20 crore
• Profit After Tax (PAT) surged by 31% to ₹99.90 crore
• Earnings Per Share (EPS) rose to ₹12.03, up 31% from ₹9.16 in Q2 FY25

H1 FY26 Performance

The company's performance for the first half of FY26 was equally strong:

• Total revenue grew by 19% to ₹591.40 crore
• PAT increased by 29% to ₹193.80 crore
• EPS improved to ₹23.34, up 30% from ₹18.00 in H1 FY25

Assets Under Management (AUM) Growth

Anand Rathi Wealth reported significant growth in its AUM, which rose by 22% year-on-year to ₹91,568.00 crore as of September 30, 2025. This growth was supported by healthy net inflows and market performance.

Client Base and Relationship Managers

The company continued to expand its client base and team:

• Active client families grew by 16% year-on-year to 12,781
• The number of Relationship Managers increased to 386, up from 374 in the previous year

Operational Highlights

• Equity Mutual Fund Net Inflows for Q2 FY26 more than doubled, increasing by 101% year-on-year to ₹2,062.00 crore
• Total Net Inflows for Q2 FY26 grew by 28% year-on-year to ₹3,002.00 crore
• The company maintained a strong Return on Equity (ROE) of 45% (annualized)

Dividend Declaration

The Board of Directors has declared an interim dividend of ₹6.00 per equity share (face value of ₹5.00), demonstrating the company's commitment to shareholder returns.

Management Commentary

The company's management highlighted the consistent and market-agnostic growth, emphasizing the strength and scalability of their business model. They noted that Anand Rathi Wealth has already achieved more than 50% of its full-year revenue and PAT guidance in the first half of FY26.

Subsidiary Performance

The company's subsidiary businesses also showed strong growth:

• Total revenue of subsidiary companies for Q2 FY26 increased by 36% year-on-year to ₹13.00 crore
• For H1 FY26, subsidiary revenues grew by 28% year-on-year to ₹23.00 crore
• Digital Wealth (DW) AUM increased by 21% year-on-year to ₹2,211.00 crore

Outlook

With its robust financial performance, growing AUM, and expanding client base, Anand Rathi Wealth Limited appears well-positioned to capitalize on the opportunities in India's wealth management industry. The company's focus on high and ultra-high-net-worth individuals, coupled with its differentiated client strategy, is likely to drive sustained growth in the coming quarters.