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 ₹ 3,397 Cr.
- Current Price ₹ 816
- High / Low ₹ 862 / 589
- Stock P/E 21.2
- Book Value ₹ 96.3
- Dividend Yield 1.35 %
- ROCE 50.5 %
- ROE 43.3 %
- Face Value ₹ 5.00
Pros
- Company has reduced debt.
- Company is almost debt free.
- Company is expected to give good quarter
- Company has a good return on equity (ROE) track record: 3 Years ROE 35.2%
- Company has been maintaining a healthy dividend payout of 22.3%
Cons
- Stock is trading at 8.48 times its book value
* 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | TTM | |
---|---|---|---|---|---|
280 | 336 | 273 | 425 | 518 | |
179 | 225 | 196 | 240 | 295 | |
Operating Profit | 102 | 110 | 77 | 184 | 224 |
OPM % | 36% | 33% | 28% | 43% | 43% |
4 | 1 | 6 | 1 | 8 | |
Interest | 6 | 3 | 3 | 2 | 3 |
Depreciation | 16 | 21 | 18 | 16 | 16 |
Profit before tax | 83 | 87 | 63 | 168 | 213 |
Tax % | 30% | 29% | 29% | 24% | |
Net Profit | 58 | 62 | 45 | 127 | 160 |
EPS in Rs | 22.00 | 22.71 | 16.21 | 30.45 | 38.50 |
Dividend Payout % | 0% | 0% | 31% | 36% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 15% |
TTM: | 38% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 29% |
TTM: | 57% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
1 Year: | 37% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 35% |
Last Year: | 43% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Sep 2022 | |
---|---|---|---|---|---|
13 | 14 | 14 | 21 | 21 | |
Reserves | 110 | 172 | 228 | 323 | 381 |
1 | 42 | 48 | 39 | 35 | |
106 | 182 | 51 | 97 | 184 | |
Total Liabilities | 231 | 409 | 340 | 480 | 620 |
50 | 74 | 55 | 124 | 132 | |
CWIP | 32 | 65 | 69 | 0 | 0 |
Investments | 75 | 103 | 104 | 104 | 118 |
75 | 166 | 111 | 253 | 370 | |
Total Assets | 231 | 409 | 340 | 480 | 620 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
---|---|---|---|---|
67 | 140 | -18 | 146 | |
-42 | -152 | 74 | -77 | |
-14 | 28 | -19 | -46 | |
Net Cash Flow | 11 | 17 | 37 | 22 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
---|---|---|---|---|
Debtor Days | 14 | 10 | 15 | 13 |
Inventory Days | ||||
Days Payable | ||||
Cash Conversion Cycle | 14 | 10 | 15 | 13 |
Working Capital Days | -57 | -34 | -16 | 26 |
ROCE % | 51% | 25% | 50% |
Documents
Announcements
- Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 24 Mar
- Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 24 Mar
- Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 24 Mar
- Announcement Under Regulation 30 (LODR) - Re-Appointment Of Whole Time Director And CEO 20 Mar
- Board Meeting Outcome for Outcome Of Board Meeting Held On 20Th March, 2023 20 Mar
Concalls
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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]