Anand Rathi Wealth Ltd
Anand Rathi Wealth Ltd was incorporated on March 22, 1995. It is an AMFI registered mutual fund distributor and is one of the leading non-bank wealth solutions firms in India, being ranked amongst the top three non-bank mutual fund distributors in the country. The company offers a wide product portfolio of wealth solutions, financial product distribution, and technology solutions to its clients.[1]
- Market Cap ₹ 17,447 Cr.
- Current Price ₹ 4,171
- High / Low ₹ 4,248 / 836
- Stock P/E 78.8
- Book Value ₹ 163
- Dividend Yield 0.29 %
- ROCE 48.0 %
- ROE 37.3 %
- Face Value ₹ 5.00
Pros
- Company is almost debt free.
- Company is expected to give good quarter
- Company has delivered good profit growth of 27.7% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 37.7%
- Company has been maintaining a healthy dividend payout of 30.9%
Cons
- Stock is trading at 25.6 times its book value
- Promoter holding has decreased over last quarter: -0.48%
- Working capital days have increased from 109 days to 200 days
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Finance Industry: Finance & Investments
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2016 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|
1 | 214 | 275 | 327 | 260 | 408 | 538 | 695 | |
1 | 136 | 180 | 213 | 185 | 230 | 296 | 400 | |
Operating Profit | 0 | 78 | 95 | 114 | 75 | 178 | 242 | 295 |
OPM % | 26% | 36% | 35% | 35% | 29% | 44% | 45% | 42% |
0 | 6 | 6 | 1 | 2 | 1 | 0 | 26 | |
Interest | 0 | 9 | 3 | 3 | 3 | 2 | 4 | 6 |
Depreciation | 0 | 4 | 4 | 16 | 12 | 11 | 12 | 14 |
Profit before tax | 0 | 71 | 94 | 96 | 62 | 166 | 226 | 300 |
Tax % | 21% | 29% | 30% | 26% | 29% | 24% | 26% | 26% |
0 | 50 | 65 | 71 | 44 | 125 | 168 | 221 | |
EPS in Rs | 8.22 | 37.45 | 24.22 | 26.37 | 16.07 | 30.14 | 40.34 | 52.94 |
Dividend Payout % | 0% | 0% | 0% | 0% | 31% | 36% | 30% | 26% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 20% |
3 Years: | 39% |
TTM: | 29% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 28% |
3 Years: | 71% |
TTM: | 32% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
1 Year: | 386% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 35% |
3 Years: | 38% |
Last Year: | 37% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2016 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|
Equity Capital | 0 | 13 | 13 | 14 | 14 | 21 | 21 | 21 |
Reserves | 6 | 76 | 141 | 212 | 266 | 360 | 484 | 661 |
0 | 1 | 1 | 42 | 48 | 39 | 36 | 51 | |
0 | 79 | 58 | 162 | 35 | 82 | 102 | 160 | |
Total Liabilities | 7 | 169 | 213 | 429 | 362 | 501 | 644 | 894 |
0 | 9 | 9 | 32 | 20 | 93 | 110 | 131 | |
CWIP | 0 | 0 | 0 | 65 | 69 | 0 | 0 | 1 |
Investments | 4 | 62 | 129 | 193 | 194 | 193 | 193 | 202 |
3 | 98 | 75 | 139 | 79 | 215 | 341 | 559 | |
Total Assets | 7 | 169 | 213 | 429 | 362 | 501 | 644 | 894 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2016 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|
0 | 97 | 57 | 143 | -24 | 147 | 109 | 267 | |
0 | -91 | -43 | -156 | 52 | -79 | -44 | -233 | |
0 | -7 | -3 | 28 | -17 | -49 | -64 | -72 | |
Net Cash Flow | 0 | -2 | 11 | 15 | 12 | 19 | 0 | -37 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2016 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|
Debtor Days | 248 | 18 | 12 | 9 | 14 | 13 | 11 | 14 |
Inventory Days | ||||||||
Days Payable | ||||||||
Cash Conversion Cycle | 248 | 18 | 12 | 9 | 14 | 13 | 11 | 14 |
Working Capital Days | 816 | 22 | -36 | -48 | -13 | 26 | 102 | 200 |
ROCE % | 79% | 47% | 22% | 45% | 48% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Earnings Call Transcript
2m - Quarter 4 F.Y 2024 - Earning Conference Call Transcript
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Announcement under Regulation 30 (LODR)-Newspaper Publication
1d - Newspaper Advertisement regarding Postal Ballot Notice and e-voting information publication
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Announcement under Regulation 30 (LODR)-Newspaper Publication
1d - Newspaper Advertisement regarding Postal Ballot Notice and e-voting information publication
- Shareholder Meeting / Postal Ballot-Notice of Postal Ballot 1d
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Announcement under Regulation 30 (LODR)-Earnings Call Transcript
15 Apr - Link of Audio Recording of Earning conference call held today i.e. 15th April, 2024 .
Annual reports
Concalls
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Apr 2024Transcript PPT
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Jan 2024Transcript PPT
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Oct 2023Transcript PPT REC
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Jul 2023Transcript PPT
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Apr 2023Transcript PPT
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Jan 2023Transcript PPT
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Oct 2022Transcript PPT
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Jul 2022Transcript PPT
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Apr 2022Transcript PPT
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Apr 2022TranscriptNotesPPT
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Jan 2022Transcript PPT
Part of Anand Rathi Group
Inaugurated in 1994, Anand Rathi group is one of India’s leading full-service financial services firms covering the entire gamut of financial offerings ranging from Investment Banking to wealth management. The group has its footprints across India and employs more than 2500 professionals. [1]