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 ₹ 4,207 Cr.
- Current Price ₹ 672
- High / Low ₹ 774 / 431
- Stock P/E 42.7
- Book Value ₹ 208
- Dividend Yield 0.00 %
- ROCE 21.3 %
- ROE 23.1 %
- Face Value ₹ 5.00
Pros
Cons
- Company has low interest coverage ratio.
- Promoters have pledged or encumbered 30.1% of their holding.
* 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
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|
| 468 | 682 | 846 | |
| 353 | 451 | 534 | |
| Operating Profit | 115 | 231 | 311 |
| OPM % | 25% | 34% | 37% |
| 1 | 1 | 1 | |
| Interest | 49 | 97 | 147 |
| Depreciation | 15 | 20 | 25 |
| Profit before tax | 51 | 115 | 140 |
| Tax % | 26% | 33% | 26% |
| 38 | 77 | 104 | |
| EPS in Rs | 18.72 | 17.43 | 23.36 |
| Dividend Payout % | 0% | 0% | 60% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 24% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 34% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| Last Year: | 23% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|
| Equity Capital | 20 | 22 | 22 | 31 |
| Reserves | 245 | 370 | 482 | 1,271 |
| 432 | 888 | 914 | 1,214 | |
| 931 | 1,305 | 1,947 | 2,633 | |
| Total Liabilities | 1,629 | 2,585 | 3,365 | 5,150 |
| 56 | 74 | 84 | 82 | |
| CWIP | 0 | 0 | 0 | 0 |
| Investments | 9 | 3 | 6 | 49 |
| 1,563 | 2,508 | 3,274 | 5,020 | |
| Total Assets | 1,629 | 2,585 | 3,365 | 5,150 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|
| 15 | 187 | 692 | |
| -137 | -599 | -577 | |
| 108 | 419 | -112 | |
| Net Cash Flow | -13 | 6 | 2 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|
| Debtor Days | 159 | 132 | 109 |
| Inventory Days | |||
| Days Payable | |||
| Cash Conversion Cycle | 159 | 132 | 109 |
| Working Capital Days | -527 | -526 | -687 |
| ROCE % | 21% | 21% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Monitoring Agency Report
30 Oct - Crisil MA report: IPO gross Rs7,450m; net Rs7,035m; Rs6,640.19m utilized; Rs809.81m unutilized as of Sep 30, 2025.
-
Intimation For Change Of Corporate Identification Number (CIN) And Listing Status Of The Company
28 Oct - CIN changed to L67120MH1991PLC064106; listing status updated to Yes after 30 Sep 2025.
-
Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order
28 Oct - MCX imposed Rs.4,25,000 (plus GST) penalty on Oct 27, 2025 for 2024-25 reporting non-compliance.
-
Announcement under Regulation 30 (LODR)-Earnings Call Transcript
24 Oct - Earning Call Transcript for the second quarter and half year ended September30, 2025.
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
20 Oct - Newspaper Publication of the Extract of Unaudited Finacial Results for the quarter and Half Year ended September 30, 2025
Concalls
-
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.