
About Anand Rathi Group
Anand Rathi Group is a publicly listed company based in Mumbai (India) founded in 1994 by Anand Rathi and Pradeep Gupta. Financial services encompassing wealth management and stock brokerage are offered. It operates on a Commission-Based and Professional Services model. Anand Rathi Group has raised $229.07 thousand across 2 funding rounds. The company has 1,160 employees. Anand Rathi Group has completed 1 acquisition, including Religare Private Wealth. Its chief executive, as recorded, is Roop Bhootra. Its website rathi.com draws about 135 thousand monthly visits. Its Indian entity Anand Rathi Wealth Limited reported revenue of βΉ1,253 Cr. Anand Rathi Group offers products and services including Stock Broking, Wealth Management, and Investment Banking. Its focus areas include Financials, Capital Markets and Brokerage Services.
Company details
Comprehensive financial services are offered by Anand Rathi Group across India. The company is engaged in stock broking, wealth management, investment banking, and other financial solutions. Various sectors including capital markets, insurance broking, and global investing are covered. Innovative financial products and client-centric approaches are maintained. Over 9 lakh registered customers are served with a focus on integrity and transparency. The operations are supported by a network of over 140 branches nationwide.
- Headquarters Mumbai, India
- Employees 1,160
- Founders Anand Rathi, Pradeep Gupta
- Stage Public
- SectorsFinancial Services
- Website category Finance · Investing
- Emailβ’β’β’β’β’β’β’β’
- Phoneβ’β’β’β’ β’β’β’β’
- Website rathi.com/grp/index.php
- Social LinkedIn Facebook
- Legal Name Anand Rathi Wealth Ltd.
- Market Cap₹37,509 Cr
ANANDRATHI · NSE
- Share Price₹2,264.60
+0.25% today
- Revenue₹1,253 Cr
FY 2025-26 · +27.9% YoY
- EBITDA₹586 Cr
Margin 46.7%
- Net Profit₹395 Cr
FY 2025-26 · +31.8% YoY
- P/E (TTM)81.5x
P/B 28.9x
- ROE47.5%
ROCE 59.8%
- Debt / Equity0.10
Interest cover 2.9x
- Total Equity Funding$229.07K (USD)
in 2 rounds
- Latest Funding Round$105.48K (USD), Angel Round
Nov 2022
- Employee Count1,160
- Investments & Acquisitions
Associated legal entities of Anand Rathi Group
Anand Rathi Group operates through Anand Rathi Wealth Limited, a listed company (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2026) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Anand Rathi Wealth Limited Listed CIN L67120MH1995PLC086696 | Active | 22 Mar 1995 | Mumbai, Maharashtra | ₹1,253 Cr | 831 | 10 | View details |
Products & Services of Anand Rathi Group
Anand Rathi Group offers a comprehensive portfolio of products and services, including Stock Broking, Wealth Management, and Investment Banking.
Stock broking services are provided for investment purposes.
Wealth management solutions are offered to individual clients.
Investment banking services are delivered for corporate clients.
Apps and channels of Anand Rathi Group
Anand Rathi Group publishes 2 mobile apps with over 501K+ downloads.
Funding Insights of Anand Rathi Group
Anand Rathi Group has successfully raised a total of $229.07K across 2 strategic funding rounds. The most recent funding activity was a Angel Round of $105.48 thousand completed in November 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $229,074
- Total Rounds 2
- Last Round Angel Round β $105,481
- First Round $123,593
(May 2018)
All 2 funding rounds of Anand Rathi Group with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov 2022 | $105,481 | Angel Round | β | β | β |
| May 2018 | $123,593 | Seed | β | β | β |
Board of directors of Anand Rathi Wealth Limited (Anand Rathi Group)
Anand Rathi Wealth Limited is the primary company behind Anand Rathi Group. The board of Anand Rathi Wealth Limited currently have 6 directors; the longest-serving is Anand Nandkishore Rathi, appointed in 2005. 15 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Anand Nandkishore Rathi DIN 00112853 | Director | 18 Mar 2005 | 21 yrs 7 mo | Anand Rathi Wealth Limited |
| Pradeep Navratan Gupta DIN 00040117 | Director | 18 Mar 2005 | 21 yrs 7 mo | Anand Rathi Wealth Limited |
| Rakesh Rawal DIN 02839168 | Whole-time director | 29 Sep 2017 | 9 yrs | Anand Rathi Wealth Limited |
| Debasish Panda DIN 06479085 | Director | 12 Jan 2026 | 9 mo | Anand Rathi Wealth Limited |
| Adesh Kumar Gupta DIN 00020403 | Director | 12 Jan 2026 | 9 mo | Anand Rathi Wealth Limited |
| Deena Asit Mehta DIN 00168992 | Director | 12 Jan 2026 | 9 mo | Anand Rathi Wealth Limited |
People of Anand Rathi Group
68 people are tracked at Anand Rathi Group (25 in leadership, 1 in board & advisors, 42 in team); the tracked headcount is 1,160.
| Name | Role | Group |
|---|---|---|
| Co-Founder & Vice Chairman | Leadership | |
| Co-Founder & Vice Chairman | Leadership | |
Sagar Madkam | Partner | Leadership |
Naveen Mathur | Director | Leadership |
Shailendra Singhai | Executive Director | Leadership |
Harshita Sharma | Executive Officer | Leadership |
Sachin Mehta | Director | Leadership |
C D Arha | Director | Leadership |
Atul Thakkar | Director | Leadership |
Roop Bhootra | CEO | Leadership |
Vineet Jain | Chief Business And Digital Officer | Leadership |
Narendra Solanki | Head Fundamental Research-investment Services | Leadership |
Vimalathithan Natarajan | Associate Director | Leadership |
Arjun Guha | Director | Leadership |
Feroze Azeez | Deputy CEO | Leadership |
Poonam Raghuvanshi | Executive Director | Leadership |
| CEO | Leadership | |
Jinesh Jasapara | Associate Director | Leadership |
Tarak Shah | Chief Financial Officer | Leadership |
Ca. Navratan Bohra | Assistant Vice President | Leadership |
48 more people are available in the full profile.
Complete people profiles for Anand Rathi Group
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
IPO & Listings of Anand Rathi Group
Anand Rathi Group is a publicly listed company on the NSE with ticker symbol ANANDRATHI in India, operating in the Finance sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date14 Dec 2021
- Listed onNSE: ANANDRATHI · BSE: 543415
- Listed entityAnand Rathi Wealth Ltd.
- Exchange sectorFinance
- ISININE463V01026
- Share price₹2,117.20 (+0.82% on the day) · 2026-10-14
- Market capitalisation₹34,867 Cr
- Price to earnings78.1
- EPS (diluted, trailing year)₹27.12
- Dividend yield0.31%
- Volume (last session)173,471
Financials of Anand Rathi Group
Exchange-reported figures of Anand Rathi Wealth Limited, the listed company behind Anand Rathi Group (NSE: ANANDRATHI).
Financial Highlights
FY 2025-26 Β· ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 1,253 | 980 | 752 | 559 | 424 | 273 | 336 |
| Revenue growth | +27.9% | +30.3% | +34.5% | +31.8% | +55.3% | -18.6% | - |
| EBITDA | 586 | 441 | 331 | 249 | 184 | 77.37 | 110 |
| EBITDA margin | +46.7% | +45.0% | +44.1% | +44.5% | +43.4% | +28.3% | +32.9% |
| Profit before tax | 536 | 405 | 306 | 228 | 168 | 62.89 | 86.96 |
| Net profit | 395 | 300 | 225 | 168 | 126 | 44.62 | 61.39 |
| Net profit margin | +31.5% | +30.6% | +29.9% | +30.1% | +29.7% | +16.3% | +18.3% |
| EPS (βΉ) | 47.66 | 36.11 | 53.79 | 40.40 | 30.40 | 16.22 | 22.71 |
| Balance sheet | |||||||
| Total assets | 1,099 | 775 | 717 | 521 | 397 | 302 | 258 |
| Net worth | 998 | 674 | 649 | 468 | 344 | 242 | 186 |
| Total debt | 83.48 | 79.31 | 51.67 | 36.72 | 39.25 | 47.55 | 41.73 |
| Cash & bank | 241 | 44.07 | 33.11 | 64.76 | 87.11 | 65.36 | 28.30 |
| Net working capital | 656 | 343 | 449 | 244 | 118 | 53.65 | (2.79) |
| Cash flow | |||||||
| Cash from operations | 281 | 244 | 278 | 83.89 | 145 | (17.91) | 140 |
| Cash from investing | 63.63 | 46.00 | (237) | (42.08) | (77.17) | 73.56 | (152) |
| Cash from financing | (142) | (279) | (72.01) | (64.16) | (46.50) | (18.58) | 28.20 |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 344 | 322 | 288 | 290 | 297 | 274 | 222 | 237 |
| Revenue growth (YoY) | +15.7% | +17.5% | +29.7% | +22.2% | +22.6% | +15.3% | - | - |
| Other income | 12.61 | 110 | 68.40 | 16.19 | 9.77 | 10.24 | 19.39 | 7.14 |
| EBITDA | 117 | 109 | 84.79 | 131 | 137 | 128 | 90.84 | 107 |
| EBITDA margin | +34.0% | +33.7% | +29.5% | +45.4% | +46.2% | +46.6% | +40.9% | +45.2% |
| Depreciation | 9.33 | 9.15 | 9.52 | 8.64 | 8.30 | 7.68 | 7.13 | 6.53 |
| Interest | 3.20 | 3.58 | 3.40 | 3.57 | 4.83 | 3.99 | 3.67 | 3.54 |
| Profit before tax | 117 | 206 | 140 | 135 | 134 | 126 | 99.43 | 104 |
| Tax | 27.67 | 43.19 | 36.82 | 35.22 | 34.22 | 32.45 | 25.70 | 26.84 |
| Net profit | 89.26 | 163 | 103 | 100 | 99.90 | 93.90 | 73.73 | 77.30 |
| EPS (βΉ) | 5.30 | 9.67 | 12.28 | 12.07 | 6.02 | 11.31 | 8.87 | 18.59 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 1,208 | 943 | 720 | 538 | 408 | 260 | 327 |
| Revenue growth | +28.1% | +30.9% | +34.0% | +31.7% | +56.9% | -20.5% | - |
| EBITDA | 572 | 429 | 320 | 242 | 178 | 75.34 | 114 |
| EBITDA margin | +47.4% | +45.5% | +44.5% | +45.0% | +43.6% | +29.0% | +34.8% |
| Profit before tax | 527 | 398 | 300 | 226 | 166 | 62.36 | 95.77 |
| Net profit | 391 | 295 | 221 | 168 | 125 | 44.20 | 71.29 |
| Net profit margin | +32.4% | +31.3% | +30.8% | +31.3% | +30.7% | +17.0% | +21.8% |
| EPS (βΉ) | 47.15 | 35.58 | 52.94 | 40.34 | 30.14 | 16.06 | 26.37 |
| Balance sheet | |||||||
| Total assets | 1,112 | 789 | 737 | 545 | 421 | 320 | 283 |
| Net worth | 1,025 | 703 | 682 | 505 | 381 | 280 | 225 |
| Total debt | 83.25 | 78.78 | 51.42 | 36.27 | 38.87 | 33.36 | 41.73 |
| Cash & bank | 223 | 22.70 | 20.04 | 57.51 | 57.24 | 37.82 | 25.96 |
| Net working capital | 627 | 296 | 399 | 205 | 86.53 | 20.95 | (17.00) |
| Cash flow | |||||||
| Cash from operations | 254 | 352 | 267 | 109 | 147 | (23.50) | 143 |
| Cash from investing | 88.55 | (67.47) | (233) | (44.34) | (78.63) | 52.05 | (156) |
| Cash from financing | (142) | (282) | (71.80) | (64.18) | (48.92) | (16.68) | 28.46 |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 334 | 313 | 277 | 279 | 286 | 265 | 213 | 228 |
| Revenue growth (YoY) | +16.6% | +18.2% | +30.0% | +22.4% | +22.2% | +15.4% | - | - |
| Other income | 11.16 | 109 | 66.92 | 15.84 | 8.51 | 9.07 | 18.44 | 6.38 |
| Total expenses | 217 | 205 | 194 | 150 | 152 | 139 | 125 | 124 |
| EBITDA | 116 | 108 | 83.10 | 130 | 134 | 125 | 88.67 | 104 |
| EBITDA margin | +34.8% | +34.6% | +30.0% | +46.3% | +46.8% | +47.4% | +41.6% | +45.7% |
| Depreciation | 7.92 | 7.75 | 8.28 | 7.37 | 7.04 | 6.39 | 5.85 | 5.24 |
| Interest | 3.17 | 3.54 | 3.39 | 3.56 | 4.82 | 3.98 | 3.65 | 3.52 |
| Profit before tax | 116 | 206 | 138 | 134 | 130 | 124 | 97.61 | 102 |
| Tax | 27.93 | 42.63 | 36.11 | 34.60 | 33.33 | 31.88 | 25.18 | 26.33 |
Financial Statements
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 344 | 322 | 288 | 290 | 297 | 274 | 222 | 237 |
| Revenue growth (YoY) | +15.7% | +17.5% | +29.7% | +22.2% | +22.6% | +15.3% | - | - |
| Other income | 12.61 | 110 | 68.40 | 16.19 | 9.77 | 10.24 | 19.39 | 7.14 |
| EBITDA | 117 | 109 | 84.79 | 131 | 137 | 128 | 90.84 | 107 |
| EBITDA margin | +34.0% | +33.7% | +29.5% | +45.4% | +46.2% | +46.6% | +40.9% | +45.2% |
| Depreciation | 9.33 | 9.15 | 9.52 | 8.64 | 8.30 | 7.68 | 7.13 | 6.53 |
| Interest | 3.20 | 3.58 | 3.40 | 3.57 | 4.83 | 3.99 | 3.67 | 3.54 |
| Profit before tax | 117 | 206 | 140 | 135 | 134 | 126 | 99.43 | 104 |
| Tax | 27.67 | 43.19 | 36.82 | 35.22 | 34.22 | 32.45 | 25.70 | 26.84 |
| Net profit | 89.26 | 163 | 103 | 100 | 99.90 | 93.90 | 73.73 | 77.30 |
| EPS (βΉ) | 5.30 | 9.67 | 12.28 | 12.07 | 6.02 | 11.31 | 8.87 | 18.59 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 1,253 | 980 | 752 | 559 | 424 | 273 | 336 |
| Revenue growth | +27.9% | +30.3% | +34.5% | +31.8% | +55.3% | -18.6% | - |
| Other income | 0.33 | 0.71 | 0.14 | 0.08 | 1.29 | 6.14 | 0.86 |
| Total expenses | 667 | 539 | 421 | 310 | 240 | 196 | 225 |
| Employee cost | 530 | 420 | 322 | 242 | 192 | 151 | 167 |
| EBITDA | 586 | 441 | 331 | 249 | 184 | 77.37 | 110 |
| EBITDA margin | +46.7% | +45.0% | +44.1% | +44.5% | +43.4% | +28.3% | +32.9% |
| Depreciation | 34.14 | 25.45 | 19.36 | 16.61 | 15.65 | 17.73 | 21.05 |
| Interest | 15.80 | 11.54 | 6.47 | 3.93 | 2.02 | 2.89 | 3.30 |
| Profit before tax | 536 | 405 | 306 | 228 | 168 | 62.89 | 86.96 |
| Tax | 139 | 104 | 79.79 | 59.78 | 40.79 | 18.26 | 25.34 |
| Net profit | 395 | 300 | 225 | 168 | 126 | 44.62 | 61.39 |
| Net profit margin | +31.5% | +30.6% | +29.9% | +30.1% | +29.7% | +16.3% | +18.3% |
| EPS (βΉ) | 47.66 | 36.11 | 53.79 | 40.40 | 30.40 | 16.22 | 22.71 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 41.51 | 41.51 | 20.91 | 20.84 | 20.81 | 13.76 | 13.51 |
| Reserves & surplus | 957 | 632 | 628 | 447 | 323 | 228 | 172 |
| Shareholders' funds (net worth) | 998 | 674 | 649 | 468 | 344 | 242 | 186 |
| Minority interest | 13.70 | 13.66 | 12.70 | 11.86 | 11.67 | 11.60 | 11.59 |
| Secured loans | 17.02 | 21.85 | 8.49 | 16.82 | 24.95 | 33.36 | 41.73 |
| Unsecured loans | 66.46 | 57.46 | 43.18 | 19.90 | 14.30 | 14.19 | 0.00 |
| Total debt | 83.48 | 79.31 | 51.67 | 36.72 | 39.25 | 47.55 | 41.73 |
| Total liabilities | 1,099 | 775 | 717 | 521 | 397 | 302 | 258 |
| Assets | |||||||
| Gross block | 324 | 289 | 229 | 207 | 179 | 103 | 121 |
| Net block | 191 | 188 | 152 | 136 | 124 | 55.16 | 74.24 |
| Capital work in progress | 0.00 | 0.00 | 0.82 | 0.00 | 0.00 | 69.04 | 65.39 |
| Investments | 265 | 244 | 112 | 106 | 104 | 104 | 103 |
| Inventories | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sundry debtors | 42.76 | 35.45 | 28.25 | 17.13 | 14.90 | 10.87 | 9.11 |
| Cash & bank balances | 241 | 44.07 | 33.11 | 64.76 | 87.11 | 65.36 | 28.30 |
| Loans & advances | 581 | 443 | 548 | 265 | 99.18 | 15.28 | 111 |
| Total current assets | 865 | 523 | 609 | 347 | 201 | 91.51 | 149 |
| Total current liabilities | 208 | 180 | 160 | 103 | 83.45 | 37.86 | 152 |
| Net working capital | 656 | 343 | 449 | 244 | 118 | 53.65 | (2.79) |
| Total assets | 1,099 | 775 | 717 | 521 | 397 | 302 | 258 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 38.64 | 33.11 | 64.76 | 87.11 | 61.27 | 28.25 | 11.41 |
| Net cash from operating activities | 281 | 244 | 278 | 83.89 | 145 | (17.91) | 140 |
| Net cash from investing activities | 63.63 | 46.00 | (237) | (42.08) | (77.17) | 73.56 | (152) |
| Net cash from financing activities | (142) | (279) | (72.01) | (64.16) | (46.50) | (18.58) | 28.20 |
| Net change in cash | 202 | 10.95 | (31.65) | (22.35) | 21.52 | 37.06 | 16.84 |
| Closing cash | 241 | 44.07 | 33.11 | 64.76 | 87.11 | 65.36 | 28.30 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +27.9% | +30.3% | +34.5% | +31.8% | +55.3% | -18.6% | - |
| EBITDA growth | +32.8% | +33.1% | +33.1% | +35.3% | +137.8% | -30.0% | - |
| PBT growth | +32.4% | +32.5% | +33.8% | +36.3% | +166.5% | -27.7% | +4.6% |
| Net income growth | +31.8% | +33.3% | +33.6% | +33.6% | +182.5% | -27.3% | - |
| Revenue CAGR (3Y) | +30.9% | +32.2% | +40.2% | +18.5% | +14.8% | - | - |
| EBITDA CAGR (3Y) | +33.0% | +33.8% | +62.4% | +31.1% | +21.9% | - | - |
| Profitability & leverage | |||||||
| Net income margin | +31.7% | +30.7% | +30.0% | +30.2% | +29.9% | +16.3% | +18.4% |
| Return on capital employed | +59.8% | +56.8% | +51.5% | +52.0% | +50.2% | +24.5% | +45.8% |
| Return on net worth | +47.5% | +45.5% | +40.4% | +41.5% | +43.3% | +20.9% | +39.8% |
| Debt / equity | 0.10 | 0.10 | 0.08 | 0.09 | 0.15 | 0.21 | 0.14 |
| Long-term debt / equity | 0.08 | 0.07 | 0.05 | 0.06 | 0.10 | 0.15 | 0.11 |
| Interest cover | 2.86 | 2.78 | 2.07 | 1.69 | 1.20 | 4.85 | 3.69 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 4.09 | 3.79 | 3.45 | 2.89 | 3.01 | 2.49 | 3.43 |
| Inventory turnover | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debtors turnover | 32.05 | 30.79 | 33.14 | 34.90 | 33.02 | 27.95 | 33.44 |
| EPS (βΉ) | 47.66 | 36.11 | 53.79 | 40.40 | 30.40 | 16.22 | 22.71 |
| Dividend per share (βΉ) | 13.00 | 14.00 | 14.00 | 12.00 | 11.00 | 5.00 | 0.00 |
| Book value per share (βΉ) | 120.23 | 81.18 | 155.12 | 112.32 | 82.58 | 87.80 | 68.64 |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 334 | 313 | 277 | 279 | 286 | 265 | 213 | 228 |
| Revenue growth (YoY) | +16.6% | +18.2% | +30.0% | +22.4% | +22.2% | +15.4% | - | - |
| Other income | 11.16 | 109 | 66.92 | 15.84 | 8.51 | 9.07 | 18.44 | 6.38 |
| Total expenses | 217 | 205 | 194 | 150 | 152 | 139 | 125 | 124 |
| EBITDA | 116 | 108 | 83.10 | 130 | 134 | 125 | 88.67 | 104 |
| EBITDA margin | +34.8% | +34.6% | +30.0% | +46.3% | +46.8% | +47.4% | +41.6% | +45.7% |
| Depreciation | 7.92 | 7.75 | 8.28 | 7.37 | 7.04 | 6.39 | 5.85 | 5.24 |
| Interest | 3.17 | 3.54 | 3.39 | 3.56 | 4.82 | 3.98 | 3.65 | 3.52 |
| Profit before tax | 116 | 206 | 138 | 134 | 130 | 124 | 97.61 | 102 |
| Tax | 27.93 | 42.63 | 36.11 | 34.60 | 33.33 | 31.88 | 25.18 | 26.33 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 1,208 | 943 | 720 | 538 | 408 | 260 | 327 |
| Revenue growth | +28.1% | +30.9% | +34.0% | +31.7% | +56.9% | -20.5% | - |
| Other income | 0.05 | 0.71 | 0.13 | 0.08 | 0.74 | 2.16 | 1.01 |
| Total expenses | 636 | 514 | 400 | 296 | 230 | 185 | 213 |
| Employee cost | 520 | 411 | 314 | 235 | 187 | 145 | 160 |
| EBITDA | 572 | 429 | 320 | 242 | 178 | 75.34 | 114 |
| EBITDA margin | +47.4% | +45.5% | +44.5% | +45.0% | +43.6% | +29.0% | +34.8% |
| Depreciation | 29.09 | 20.32 | 14.27 | 11.55 | 10.73 | 12.39 | 15.75 |
| Interest | 15.74 | 11.49 | 6.44 | 3.90 | 2.01 | 2.75 | 3.24 |
| Profit before tax | 527 | 398 | 300 | 226 | 166 | 62.36 | 95.77 |
| Tax | 136 | 102 | 78.23 | 58.08 | 40.50 | 18.16 | 24.48 |
| Net profit | 391 | 295 | 221 | 168 | 125 | 44.20 | 71.29 |
| Net profit margin | +32.4% | +31.3% | +30.8% | +31.3% | +30.7% | +17.0% | +21.8% |
| EPS (βΉ) | 47.15 | 35.58 | 52.94 | 40.34 | 30.14 | 16.06 | 26.37 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 41.51 | 41.51 | 20.91 | 20.84 | 20.81 | 13.76 | 13.51 |
| Reserves & surplus | 984 | 661 | 661 | 484 | 360 | 266 | 212 |
| Shareholders' funds (net worth) | 1,025 | 703 | 682 | 505 | 381 | 280 | 225 |
| Secured loans | 17.02 | 21.72 | 8.32 | 16.61 | 24.95 | 33.36 | 41.73 |
| Unsecured loans | 66.23 | 57.06 | 43.10 | 19.66 | 13.92 | 0.00 | 0.00 |
| Total debt | 83.25 | 78.78 | 51.42 | 36.27 | 38.87 | 33.36 | 41.73 |
| Total liabilities | 1,112 | 789 | 737 | 545 | 421 | 320 | 283 |
| Assets | |||||||
| Gross block | 273 | 237 | 177 | 156 | 127 | 51.85 | 55.24 |
| Net block | 180 | 172 | 131 | 110 | 93.29 | 20.03 | 32.13 |
| Capital work in progress | 0.00 | 0.00 | 0.82 | 0.00 | 0.00 | 69.04 | 65.39 |
| Investments | 316 | 320 | 202 | 195 | 193 | 194 | 193 |
| Inventories | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sundry debtors | 41.39 | 34.24 | 27.07 | 16.32 | 14.19 | 10.01 | 7.99 |
| Cash & bank balances | 223 | 22.70 | 20.04 | 57.51 | 57.24 | 37.82 | 25.96 |
| Loans & advances | 564 | 414 | 507 | 230 | 95.02 | 14.81 | 95.25 |
| Total current assets | 828 | 471 | 554 | 304 | 166 | 62.64 | 129 |
| Total current liabilities | 201 | 175 | 155 | 98.82 | 79.92 | 41.69 | 146 |
| Net working capital | 627 | 296 | 399 | 205 | 86.53 | 20.95 | (17.00) |
| Total assets | 1,112 | 789 | 737 | 545 | 421 | 320 | 283 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 22.70 | 20.04 | 57.51 | 57.24 | 37.82 | 25.96 | 11.11 |
| Net cash from operating activities | 254 | 352 | 267 | 109 | 147 | (23.50) | 143 |
| Net cash from investing activities | 88.55 | (67.47) | (233) | (44.34) | (78.63) | 52.05 | (156) |
| Net cash from financing activities | (142) | (282) | (71.80) | (64.18) | (48.92) | (16.68) | 28.46 |
| Net change in cash | 200 | 2.66 | (37.47) | 0.26 | 19.43 | 11.86 | 14.86 |
| Closing cash | 223 | 22.70 | 20.04 | 57.51 | 57.24 | 37.82 | 25.96 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +28.1% | +30.9% | +34.0% | +31.7% | +56.9% | -20.5% | - |
| EBITDA growth | +33.5% | +33.9% | +32.5% | +35.8% | +136.2% | -33.8% | - |
| PBT growth | +32.7% | +32.7% | +32.4% | +36.3% | +166.2% | -34.9% | +2.4% |
| Net income growth | +32.5% | +33.4% | +31.7% | +34.0% | +183.9% | -38.0% | - |
| Revenue CAGR (3Y) | +31.0% | +32.2% | +40.4% | +18.0% | +14.1% | +6.8% | +668.7% |
| EBITDA CAGR (3Y) | +33.3% | +34.0% | +62.0% | +28.6% | +23.3% | -1.1% | +742.8% |
| Profitability & leverage | |||||||
| Net income margin | +32.4% | +31.3% | +30.8% | +31.3% | +30.7% | +17.0% | +21.8% |
| Return on capital employed | +57.1% | +53.6% | +47.8% | +47.7% | +44.8% | +21.6% | +45.2% |
| Return on net worth | +45.3% | +42.7% | +37.3% | +38.0% | +38.0% | +17.5% | +37.5% |
| Debt / equity | 0.09 | 0.09 | 0.07 | 0.08 | 0.13 | 0.15 | 0.11 |
| Long-term debt / equity | 0.07 | 0.07 | 0.05 | 0.05 | 0.09 | 0.12 | 0.09 |
| Interest cover | 2.90 | 2.81 | 2.10 | 1.70 | 1.20 | 4.37 | 3.31 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 4.74 | 4.56 | 4.33 | 3.80 | 4.57 | 4.90 | 9.11 |
| Inventory turnover | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debtors turnover | 31.94 | 30.77 | 33.20 | 35.24 | 33.80 | 29.14 | 37.99 |
| EPS (βΉ) | 47.15 | 35.58 | 52.94 | 40.34 | 30.14 | 16.06 | 26.37 |
| Dividend per share (βΉ) | 13.00 | 14.00 | 14.00 | 12.00 | 11.00 | 5.00 | 0.00 |
| Book value per share (βΉ) | 123.47 | 84.68 | 163.08 | 121.14 | 91.45 | 101.68 | 83.27 |
Investments & Acquisitions by Anand Rathi Group
Anand Rathi Group has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Religare Private Wealth.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Financial and wealth management services are provided to clients. | religareprivatewealth.com | Mumbai, India | 2008 | Feb 2017 | β’β’β’β’ |
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Timeline of Anand Rathi Group
5 dated milestones of Anand Rathi Group across 28 years, from founding to its latest funding, stage changes and deals.
- Founded Anand Rathi Group is founded.
- Acquisition Acquires Religare Private Wealth.
- Funding First funding round of $124K.
- IPO Lists on the stock exchange (IPO).
- Funding Latest funding round, Angel Round, of $105K.
Web traffic of Anand Rathi Group
The website of Anand Rathi Group (rathi.com) receives about 134.7K visits a month and ranks #252,357 among all websites worldwide, #2,685 in Investing.
- Monthly visits134.7K
▼ 4.2% vs previous month
- Unique visitors32.9K
per month
- Global rank#252,357
among all websites
- Category rank#2,685
Finance · Investing
- Bounce rate23%
- Pages per visit3.8
- Average visit1 min 52 sec
- DevicesDesktop 33% Β· Mobile 67%
Websites whose visitors overlap most with Anand Rathi Group. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| anandrathi.com | 100% | 138.4K | #279,973 | View details | |
| bseindia.com | 77% | 10.6M | View details | ||
| karvy.com | 75% | 7.5K | #2,063,319 | View details | |
rathionline.com | rathionline.com | 74% | β | ||
| nirmalbang.com | 74% | 264.3K | #126,851 | View details | |
| β’β’β’β’β’β’β’β’β’β’ | β’β’β’β’β’β’.com | β’β’% | β’.β’M | #β’β’β’β’β’ | β |
| β’β’β’β’β’β’β’β’β’β’ | β’β’β’β’β’β’.com | β’β’% | β’.β’M | #β’β’β’β’β’ | β |
| β’β’β’β’β’β’β’β’β’β’ | β’β’β’β’β’β’.com | β’β’% | β’.β’M | #β’β’β’β’β’ | β |
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- Audience overlap
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Top companies in Brokers and Dealers
3 companies that operate in the same segment as Anand Rathi Group (Brokers and Dealers) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Trading in stocks, mutual funds, and commodities is facilitated. | 1995 | Mumbai, Maharashtra, India | USD 263.15 M | 1,580 | ||
Trading and investment services are provided through an online platform. | 2000 | Mumbai, Maharashtra, India | USD 310.83 M | 3,228 | ||
Stock brokerage and financial services are provided in India. | 1944 | Mumbai, Maharashtra, India |
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Related news about Anand Rathi Group
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Frequently Asked Questions about Anand Rathi Group
Anand Rathi Group was founded in 1994 and raised its 1st funding round 24 years after it was founded.
Anand Rathi Group is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Roop Bhootra is the CEO of Anand Rathi Group, as recorded in our data.
Anand Rathi Group is a funded company, having raised a total of $229.07K across 2 funding rounds to date. The company's 1st funding round was a Seed of $123.59K, raised on May 2018.
Anand Rathi Group has 1,160 employees.
The primary company behind Anand Rathi Group, Anand Rathi Wealth Limited, reported revenue of βΉ1,253 Cr for FY 2026, up 28% year on year.
Comprehensive financial services are offered by Anand Rathi Group across India. The company is engaged in stock broking, wealth management, investment banking, and other financial solutions. Various sectors including capital markets, insurance broking, and global investing are covered. Innovative financial products and client-centric approaches are maintained. Over 9 lakh registered customers are served with a focus on integrity and transparency. The operations are supported by a network of over 140 branches nationwide.
Anand Rathi Group offers Stock Broking, Wealth Management, and Investment Banking.
Yes, Anand Rathi Group is publicly traded on NSE under the ticker symbol ANANDRATHI.
Anand Rathi Group has made 1 acquisition, including Religare Private Wealth.
Anand Rathi Group operates through Anand Rathi Wealth Limited.
The legal entities of Anand Rathi Group currently have 9 directors, including Anand Nandkishore Rathi, Rakesh Rawal, Pradeep Navratan Gupta and others.
