Anand Rathi Share

Anand Rathi delivered a strong Q4 FY26 with revenue of ₹255.7 croreCurrent reported value: ₹255.7 crore. No comparable prior figure is available in the source record. (+28.1Current reported value: 28.1. No comparable prior figure is available in the source record.% YoY), EBITDA of ₹113 croreCurrent reported value: ₹113 crore. No comparable prior figure is available in the source record. (+51.4% YoY), and PAT of ₹41.6 croreCurrent reported value: ₹41.6 crore. No comparable prior figure is available in the source record. (+125.7Current reported value: 125.7. No comparable prior figure is available in the source record.% YoY). The non-broking segment contributed 53%Current reported value: 53%. No comparable prior figure is available in the source record. of revenue, driven by 44% YoY growthCurrent reported value: 44% YoY growth. No comparable prior figure is available in the source record. in distribution income and a 61% YoY jumpCurrent reported value: 61% YoY jump. No comparable prior figure is available in the source record. in the MTF book to ₹1,101.9 croreCurrent ₹1,101.9 crore. Reported change: +61% YoY., while maintaining zero NPAs. The company completed its IPO in September 2025, raising ₹745 crore, and secured a corporate agency license for insurance distribution. Management guided for a 50:50 revenue split between broking and non-broking, targeting 15-20% overall revenue growth. Key risks include regulatory changes (RBI policy on capital market intermediaries) that could constrain MTF growth and market volatility impacting broking revenues.