Anand Rathi Wealth Posts Rs 343.99 Crore September 2026 Net Sales as Profit Falls 10.46%

Anand Rathi Wealth reported consolidated net sales of Rs 343.99 crore for September 2026, up 15.68% from Rs 297.37 crore a year earlier, while net profit fell 10.46% to Rs 88.96 crore. Business News Today published the quarterly figures. The Mumbai-based wealth manager, founded in 2002, serves high-net-worth clients through relationship managers.

Anand Rathi Wealth's Profit and Cost Squeeze

Revenue growth came alongside a rise in employee costs to Rs 187.56 crore from Rs 124.92 crore in September 2025. Other expenses increased to Rs 39.58 crore from Rs 34.97 crore, and depreciation rose to Rs 9.33 crore from Rs 8.30 crore.

EBITDA stood at Rs 129.47 crore, down 12.09% from Rs 147.28 crore a year earlier. Profit before tax was Rs 116.93 crore against Rs 134.15 crore, and tax was Rs 27.68 crore against Rs 34.25 crore.

Basic earnings per share fell to Rs 5.38 from Rs 12.03, and diluted EPS came in at Rs 5.30. Net profit after minority interest was Rs 88.96 crore, compared with Rs 99.35 crore in September 2025.

On a sequential basis, net sales rose from Rs 321.99 crore in June 2026, when net profit after minority interest was Rs 162.73 crore and other income was Rs 110.28 crore. Other income in September 2026 was Rs 12.61 crore.

Anand Rathi Wealth's Assets Under Management

According to akta.pro company records, Anand Rathi Wealth scaled assets under management to ₹1,06,300+ crores as of June 30, 2026, up 21% year-on-year, with client families up 14% to 13,941+. The same records list 417+ relationship managers, 46.73% of whom have more than five years of vintage.

The company also established international representative offices in Dubai and London and launched the Anand Rathi AIF III Trust, a Category III alternative investment fund registered with SEBI.

Anand Rathi Wealth's Related Party Ballot

In October 2026, Anand Rathi Wealth began a postal ballot seeking shareholder approval for ₹1,200 crore of related party transactions with Aligned Investment Private Limited and to alter its Memorandum of Association, ScanX reported.

The company held a virtual investor meeting with individual investors on October 22, 2026, discussing only publicly available information under SEBI regulations, ScanX reported.

What Comes Next for Anand Rathi Wealth

The postal ballot seeks shareholder approval for the ₹1,200 crore of related party transactions and the Memorandum of Association change.