Anand Rathi Wealth Reports Strong Q3FY26 Results, Appoints Three Independent Directors
Anand Rathi Wealth Limited reported strong Q3FY26 consolidated results with revenue of ₹28,962.39 crores and net profit of ₹10,018.67 crores, showing 22.18% and 29.60% YoY growth respectively. The Board appointed three new independent directors - Adesh Kumar Gupta, Debasish Panda, and Deena Asit Mehta - and approved CEO Rakesh Rawal's reappointment for three years. The company also granted 12,45,309 employee stock options and relocated its registered office to Lower Parel, Mumbai.

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Anand Rathi Wealth Limited delivered robust financial performance in Q3FY26 while strengthening its board composition through strategic appointments and key corporate decisions.
Strong Financial Performance in Q3FY26
The company reported impressive consolidated financial results for the quarter ended December 31, 2025. Revenue from operations reached ₹28,962.39 crores, while total income including other income stood at ₹30,573.05 crores. Net profit for the quarter was ₹10,018.67 crores, demonstrating the company's strong operational efficiency.
| Financial Metric | Q3FY26 | Q3FY25 | Q3FY24 | YoY Growth (%) |
|---|---|---|---|---|
| Revenue from Operations | ₹28,962.39 cr | ₹29,736.64 cr | ₹23,703.99 cr | +22.18% |
| Total Income | ₹30,573.05 cr | ₹30,704.32 cr | ₹24,410.90 cr | +25.25% |
| Net Profit | ₹10,018.67 cr | ₹9,989.60 cr | ₹7,730.12 cr | +29.60% |
| Earnings Per Share (Basic) | ₹12.07 | ₹12.03 | ₹9.29 | +29.92% |
For the nine months ended December 31, 2025, the company achieved consolidated revenue of ₹86,100.68 crores and net profit of ₹29,399.28 crores, reflecting consistent growth momentum throughout the fiscal year.
Board Strengthening with Three Independent Director Appointments
The Board of Directors approved the appointment of three distinguished professionals as Additional Directors in the category of Non-Executive Independent Directors, effective January 12, 2026, subject to shareholder approval.
Key Appointments
| Director | Background | Term |
|---|---|---|
| Mr. Adesh Kumar Gupta | Former CFO of Grasim Industries, CA with 40+ years experience | 5 years (2026-2031) |
| Mr. Debasish Panda | Chairman of IRDAI, IAS officer (1987 batch) | 5 years (2026-2031) |
| Ms. Deena Asit Mehta | Former President of BSE, 150+ board years experience | 5 years (2026-2031) |
Mr. Adesh Kumar Gupta brings extensive corporate strategy and financial services expertise, having served in senior positions across the Aditya Birla Group for over three decades. He currently serves on boards of Grasim Industries Ltd, Krsnaa Diagnostics Limited, and other prominent companies.
Mr. Debasish Panda, an IAS officer of the 1987 batch, currently serves as Chairman of the Insurance Regulatory and Development Authority of India (IRDAI). His distinguished career includes serving as Secretary in the Department of Financial Services, Ministry of Finance.
Ms. Deena Asit Mehta is a pioneering figure in Indian capital markets, being the first woman to enter the BSE trading ring. With over 150 board years of experience, she has served as President and Vice-President of BSE and contributed significantly to market reforms.
Leadership Continuity and Corporate Changes
The Board approved the reappointment of Mr. Rakesh Rawal as Whole-time Director and CEO for a three-year term from April 1, 2026, to March 31, 2029, subject to shareholder approval. Rawal, an IIT Kanpur graduate with an MBA from JBIMS, has been instrumental in building the company's Private Wealth Management business since joining in 2007.
The company also approved shifting its registered office from Goregaon (East) to Lower Parel, Mumbai, effective January 12, 2026, consolidating operations at Floor No. 2, Block B & C, E wing, Trade Link, Kamala Mills Compound.
Employee Stock Option Grant
The Nomination and Remuneration Committee granted 12,45,309 employee stock options under the "ARWL - ESOP 2025" scheme to eligible employees. The options carry an exercise price of ₹5.00 and will vest over four years starting January 12, 2027.
| Vesting Schedule | Number of Options | Vesting Date |
|---|---|---|
| Year 1 | 2,49,062 | January 12, 2027 |
| Year 2 | 2,49,062 | January 12, 2028 |
| Year 3 | 3,73,593 | January 12, 2029 |
| Year 4 | 3,73,592 | January 12, 2030 |
The financial results were reviewed by the Audit Committee and approved by the Board of Directors at their meeting held on January 12, 2026. The statutory auditors have completed their limited review of the results, confirming compliance with applicable accounting standards and regulatory requirements.
Historical Stock Returns for Anand Rathi Wealth
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.44% | +1.70% | +9.19% | +49.08% | +58.82% | +973.31% |














































