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 ₹ 7,007 Cr.
- Current Price ₹ 1,681
- High / Low ₹ 1,730 / 654
- Stock P/E 38.7
- Book Value ₹ 121
- Dividend Yield 0.71 %
- ROCE 47.9 %
- ROE 38.0 %
- Face Value ₹ 5.00
Pros
- Company is almost debt free.
- Company is expected to give good quarter
- Company has delivered good profit growth of 27.3% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 33.0%
- Company has been maintaining a healthy dividend payout of 32.4%
Cons
- Stock is trading at 13.9 times its book value
- Working capital days have increased from 38.5 days to 102 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 | TTM | |
---|---|---|---|---|---|---|---|---|
1 | 214 | 275 | 327 | 260 | 408 | 538 | 570 | |
1 | 136 | 180 | 213 | 185 | 230 | 296 | 319 | |
Operating Profit | 0 | 78 | 95 | 114 | 75 | 178 | 242 | 251 |
OPM % | 26% | 36% | 35% | 35% | 29% | 44% | 45% | 44% |
0 | 6 | 6 | 1 | 2 | 1 | 0 | 9 | |
Interest | 0 | 9 | 3 | 3 | 3 | 2 | 4 | 4 |
Depreciation | 0 | 4 | 4 | 16 | 12 | 11 | 12 | 12 |
Profit before tax | 0 | 71 | 94 | 96 | 62 | 166 | 226 | 243 |
Tax % | 21% | 29% | 30% | 26% | 29% | 24% | 26% | |
0 | 50 | 65 | 71 | 44 | 125 | 168 | 181 | |
EPS in Rs | 8.22 | 37.45 | 24.22 | 26.37 | 16.07 | 30.14 | 40.34 | 43.44 |
Dividend Payout % | 0% | 0% | 0% | 0% | 31% | 36% | 30% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 20% |
3 Years: | 18% |
TTM: | 30% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 27% |
3 Years: | 33% |
TTM: | 34% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
1 Year: | 156% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 35% |
3 Years: | 33% |
Last Year: | 38% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2016 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|
0 | 13 | 13 | 14 | 14 | 21 | 21 | |
Reserves | 6 | 76 | 141 | 212 | 266 | 360 | 484 |
0 | 1 | 1 | 42 | 48 | 39 | 36 | |
0 | 79 | 58 | 162 | 35 | 82 | 102 | |
Total Liabilities | 7 | 169 | 213 | 429 | 362 | 501 | 644 |
0 | 9 | 9 | 32 | 20 | 93 | 110 | |
CWIP | 0 | 0 | 0 | 65 | 69 | 0 | 0 |
Investments | 4 | 62 | 129 | 193 | 194 | 193 | 193 |
3 | 98 | 75 | 139 | 79 | 215 | 341 | |
Total Assets | 7 | 169 | 213 | 429 | 362 | 501 | 644 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2016 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|
0 | 97 | 57 | 143 | -24 | 147 | 109 | |
0 | -91 | -43 | -156 | 52 | -79 | -44 | |
0 | -7 | -3 | 28 | -17 | -49 | -64 | |
Net Cash Flow | 0 | -2 | 11 | 15 | 12 | 19 | 0 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2016 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|
Debtor Days | 248 | 18 | 12 | 9 | 14 | 13 | 11 |
Inventory Days | |||||||
Days Payable | |||||||
Cash Conversion Cycle | 248 | 18 | 12 | 9 | 14 | 13 | 11 |
Working Capital Days | 816 | 22 | -36 | -48 | -13 | 26 | 102 |
ROCE % | 79% | 47% | 22% | 45% | 48% |
Documents
Announcements
- Closure of Trading Window 1d
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
26 Sep - The officials of the Company will be meeting Investors/Analysts (Participants) on 29th September, 2023. Kindly note that changes may happen due to exigencies on the …
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
11 Sep - The officials of the Company will interact with various investors on 15th Sept, 2023. Kindly note that changes may happen due to exigencies on the …
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
2 Sep - The officials of the Company will be meeting Investors/Analysts at an Investor Conference on September 6, 2023. You are requested to take the same on …
- Shareholder Meeting / Postal Ballot-Outcome of Postal_Ballot 29 Aug
Annual reports
Concalls
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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]