Anand Rathi Share & Stock Brokers Ltd
Incorporated in 1991, Anand Rathi Share and Stock Brokers Limited is a Full-Service broking company.[1]
- Market Cap ₹ 3,514 Cr.
- Current Price ₹ 556
- High / Low ₹ 795 / 414
- Stock P/E 23.8
- Book Value ₹ 216
- Dividend Yield 0.91 %
- ROCE 19.8 %
- ROE 14.2 %
- Face Value ₹ 5.00
Pros
- Company has delivered good profit growth of 58.4% CAGR over last 5 years
- Company has been maintaining a healthy dividend payout of 27.9%
Cons
- Contingent liabilities of Rs.1,114 Cr.
- Company's cost of borrowing seems high
* 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
Financial Services Financial Services Capital Markets Stockbroking & Allied
Part of BSE IPO BSE Financial Services Nifty IPO
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|
| 246 | 303 | 423 | 468 | 681 | 844 | 931 | 976 | |
| 201 | 253 | 309 | 351 | 450 | 532 | 550 | 573 | |
| Operating Profit | 44 | 49 | 114 | 116 | 232 | 311 | 382 | 403 |
| OPM % | 18% | 16% | 27% | 25% | 34% | 37% | 41% | 41% |
| 4 | 0 | 0 | 1 | 1 | 1 | 2 | -18 | |
| Interest | 27 | 21 | 37 | 49 | 97 | 147 | 184 | 186 |
| Depreciation | 11 | 10 | 13 | 15 | 20 | 25 | 26 | 25 |
| Profit before tax | 10 | 19 | 64 | 52 | 117 | 141 | 174 | 175 |
| Tax % | 31% | 29% | 20% | 25% | 33% | 26% | 24% | |
| 7 | 13 | 51 | 39 | 79 | 104 | 132 | 132 | |
| EPS in Rs | 7.03 | 13.71 | 38.08 | 19.32 | 17.72 | 23.41 | 21.02 | 21.02 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 60% | 24% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 25% |
| 3 Years: | 26% |
| TTM: | 17% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 58% |
| 3 Years: | 50% |
| TTM: | 53% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 19% |
| 3 Years: | 18% |
| Last Year: | 14% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 10 | 10 | 13 | 20 | 22 | 22 | 31 |
| Reserves | 104 | 118 | 214 | 247 | 373 | 484 | 1,322 |
| 233 | 187 | 276 | 432 | 888 | 914 | 840 | |
| 806 | 713 | 841 | 931 | 1,303 | 1,924 | 4,909 | |
| Total Liabilities | 1,152 | 1,027 | 1,344 | 1,630 | 2,586 | 3,344 | 7,102 |
| 39 | 36 | 51 | 56 | 74 | 84 | 77 | |
| CWIP | 5 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 1 | 2 | 9 | 19 | 12 | 16 | 44 |
| 1,108 | 990 | 1,284 | 1,555 | 2,500 | 3,245 | 6,981 | |
| Total Assets | 1,152 | 1,027 | 1,344 | 1,630 | 2,586 | 3,344 | 7,102 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| 225 | 25 | -39 | 15 | 188 | 674 | 745 | |
| 168 | -242 | -74 | -139 | -598 | -577 | -1,149 | |
| -92 | -65 | 127 | 109 | 419 | -112 | 462 | |
| Net Cash Flow | 301 | -281 | 15 | -15 | 9 | -16 | 59 |
| Free Cash Flow | 247 | 23 | -59 | 2 | 150 | 631 | 727 |
| CFO/OP | 508% | 51% | -21% | 27% | 91% | 228% | 207% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Debtor Days | 490 | 173 | 122 | 159 | 132 | 102 | 123 |
| Inventory Days | |||||||
| Days Payable | |||||||
| Cash Conversion Cycle | 490 | 173 | 122 | 159 | 132 | 102 | 123 |
| Working Capital Days | -478 | -347 | 414 | -529 | -527 | -681 | -1,008 |
| ROCE % | 12% | 25% | 17% | 22% | 21% | 20% |
Insights
In beta| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
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Extracted by Screener AI
Documents
Announcements
- Announcement under Regulation 30 (LODR)-Investor Presentation 17h
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Announcement under Regulation 30 (LODR)-Press Release / Media Release (Revised)
17h - Revised Q1 FY27 results: revenue rose 22% to ₹2,461 million; PAT after exceptional item was ₹234 million.
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Announcement under Regulation 30 (LODR)-Acquisition
18h - Board approved Q1 FY27 results, Rs 500 crore NCD issue, material RPTs, Dubai WOS, and Rs 209.96 million exceptional loss.
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Announcement under Regulation 30 (LODR)-Issue of Securities
18h - Board approved Q1 FY27 results, Rs 500 crore NCDs, Dubai WOS, and Rs 209.96 million fraud compensation.
- Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS 18h
Concalls
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Jul 2026TranscriptAI SummaryPPT
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Apr 2026Transcript PPT REC
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Jan 2026Transcript PPT REC
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Oct 2025Transcript PPT REC
Business Profile[1]
Anand Rathi Share and Stock Brokers Limited is a full-service brokerage house providing broking, margin trading facilities, and distribution of investment products. It caters to a diversified client base including retail, HNI, UHNI, family offices, and institutional clients. It is part of the Anand Rathi Group, which has a multi-vertical presence in financial services such as wealth management, lending, insurance broking, and asset management.