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ANANDRATHI Diversified 30 Oct 2025

Anand Rathi Wealth Limited — Q2 FY26

Anand Rathi Wealth delivered a strong Q2 FY26 with revenue of ₹307 crore (+23% YoY) and PAT of ₹99.89 crore (+31% YoY), marking the 16th consecutive quarter of consistent perfor...

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Revenue ₹307 Cr +23%
EBITDA
PAT ₹100 Cr +31%
EBITDA Margin
Duration 61 min
Read Time 1 min read

Financial stats pending filing verification

Risk Intelligence

Material risks this quarter

Concise cards keep the risk register scannable while preserving evidence-level context in the underlying quarter data.

Risks

R

RM attrition from cultural misfits

Four RMs left in H1 due to cultural issues in one location, though 79% of their assets were retained. Further attrition could occur if similar issues arise.

medium · management_commentary
R

Concentration risk in structured products via Anand Rathi Global Finance

An analyst raised concern about high concentration of structured product issuance through a single NBFC. Management acknowledged the risk and is diversifying, but it remains a key investor concern.

medium · analyst_question
R

Market downturn impacting AUM and revenue

AUM guidance of ₹1 lakh crore depends on market performance; a sharp Nifty decline could delay achievement. Management assumes 9-10% market growth, which may not materialize.

medium · data_observation