Anand Rathi Wealth has allotted 4,15,10,317 fully paid-up bonus equity shares of Rs. 5/- each in the ratio of 1:1. With this allotment, the paid up equity share capital has increased to 8,30,20,634 equity shares of Rs 5 each. Powered by Capital Market - Live

Anand Rathi Wealth has fixed 05 March 2025 as record date for the purpose of ascertaining the eligibility of shareholders entitled for allotment of Bonus equity shares. Powered by Capital Market - Live

For the quarter ended 31 December 2024, profit before tax was Rs 104.17 crore, registering a growth of 33.55% compared to Rs 78 crore posted in the same quarter previous year. During the quarter, assets under management (AUM) stood at Rs 76,402 crore, up 39% YoY. Share of Equity Mutual Funds in AUM increased to 55% as of December 2024 as compared to 52% as of December 2023. In Q2 FY25, the company's net inflows surged by 69% YoY to Rs 9,145 crore, while net inflows in Equity Mutual Funds grew by 51% YoY to Rs 5,831 crore for the quarter ended 31 December 2024. Mutual Fund distribution revenue rose by 63% YoY to Rs 303 crore, while the annualized Return on Equity (ROE) stood at 45%. On nine-month basis, the company's consolidated net profit jumped 34.44% to Rs 226.37 crore on 32.79% rise in net sales to Rs 717.13 crore in 9M FY25 over 9M FY24. Meanwhile, the company's board recommended issuance of bonus shares in ratio of 1:1 i.e. 1 new equity share for every 1 existing equity share each held by the eligible shareholders as on the record date, subject to shareholders and any other applicable regulatory and statutory approvals. Rakesh Rawal, chief executive officer (CEO), said, 'We are thrilled to report another outstanding financial result and extend our heartfelt gratitude to our clients and team members for their continued trust and support. During the nine-month period of FY25, our total revenue grew by 33% YoY to Rs 739 crore, while Profit after Tax (PAT) increased by 34% to Rs 227 crore. Our AUM recorded a significant rise of 39%, reaching Rs 76,402 crore. We have achieved 75% of our revised revenue guidance of Rs 980 crore and 77% of our revised PAT guidance of Rs 295 crore in the first nine months of FY25. Additionally, we on boarded 1,785 new client families during last one year, bringing our total client base to 11,426 families. We believe that our business holds inherent growth potential of 20-25%, which we expect to sustain for many years. Our confidence stems from our uncomplicated wealth solutions for our clients to build their wealth seamlessly.' Feroze Azeez, deputy CEO said, 'The magnitude of capital poised to flow into India is substantial and unprecedented. With a growing investor base and positive macroeconomic indicators, the Indian equity market presents an unparalleled opportunity for both domestic and foreign investors. This vast pool of capital, combined with India's strong performance, makes the equity markets a more compelling investment destination. We believe our performance has been consistent and market agnostic. If you look at the worst Nifty performance after we have got listed; was Q1 FY23 when it fell by 9.6% and last quarter when it fell by 8.4%. However, for that both quarters our profit grew by more than 33% on YoY basis. We have recorded highest ever quarterly net inflows during last quarter in spite sentiment not being the best. During 9M FY25 our total net inflows registered a remarkable YoY growth of 69%, reaching Rs 9,145 crore. Our client centric approach has resulted in 0.28% client attrition rate in terms of AUM lost during the nine months of FY25. In the last quarter, we achieved near-zero regret RM attrition, following five consecutive quarters of zero regret RM attrition. This is a true testament to our entrepreneurial work culture and our unwavering commitment to the growth and satisfaction of our team.' Anand Rathi Wealth is among India's leading non-bank wealth solutions firms, catering to high and ultra-high net worth individuals. The scrip shed 0.67% to trade at Rs 3,986.45 on the BSE.Powered by Capital Market - Live

Net profit of Anand Rathi Wealth rose 33.21% to Rs 77.02 crore in the quarter ended December 2024 as against Rs 57.82 crore during the previous quarter ended December 2023. Sales rose 29.93% to Rs 237.04 crore in the quarter ended December 2024 as against Rs 182.43 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales237.04182.43 30 OPM %45.1743.76 - PBDT110.6983.02 33 PBT104.1778.00 34 NP77.0257.82 33 Powered by Capital Market - Live

The key equity benchmarks continued to trade with limited losses in the morning trade. The Nifty traded below the 23,650 mark. Realty shares extended losses for the second consecutive trading session. At 10:30 IST, the barometer index, the S&P BSE Sensex, declined 127 points or 0.16% to 78,021.49. The Nifty 50 index fell 44.10 points or 0.19% to 23,644.85. The broader market outperformed the frontline indices. The S&P BSE Mid-Cap index shed 0.03% and the S&P BSE Small-Cap index fell 0.06%. The market breadth was negative. On the BSE, 1,754 shares rose and 1,790 shares fell. A total of 168 shares were unchanged. Results Today: Tata Consultancy Services (up 0.30%), Tata Elxsi (up 0.94%), Indian Renewable Energy Development Agency (up 0.87%), GTPL Hathway (up 12.39%), Yash Highvoltage (up 2.13%), Padam Cotton Yarns (up 1.98%), and Vivo Bio (up 4.64%) will announce their quarterly earnings later today. Buzzing Index: The Nifty Realty index shed 0.76% to 1,010.80. The index fell 0.91% in two consecutive trading sessions. Sobha (down 2.87%), Oberoi Realty (down 2.12%), DLF (down 1.51%), Macrotech Developers (down 1.14%), Prestige Estates Projects (down 1.06%), Godrej Properties (down 0.8%), Raymond (down 0.62%), Brigade Enterprises (down 0.54%) and Mahindra Lifespace Developers (down 0.33%) declined. On the other hand, Phoenix Mills (up 0.27%) edged higher. Stocks in Spotlight: Anand Rathi Wealth rallied 2.57% after the company's board scheduled a meeting on 13 January 2025 to consider a proposal of a bonus issue. Advait Infratech added 0.61%. The company announced that it has received a letter of intent (LOI) from Gujarat Urja Vikas Nigam (GUVNL) for setting up a battery energy storage system in Gujarat. Tata Motors shed 1.23%. The company said that its wholly owned subsidiary, Jaguar Land Rover (UK), reported a 3% increase in wholesale volumes to 104,427 units in Q3 FY25 as compared with 101,043 units in Q3 FY24.Powered by Capital Market - Live

The official announcement was made on 08 January 2025 after the market hours. Anand Rathi Wealth is among India's leading non-bank wealth solutions firms, catering to high and ultra-high net worth individuals. The financial products distributor's consolidated net profit jumped 32.38% to Rs 76.11 crore in Q2 FY25 as compared to Rs 57.49 crore posted in Q2 FY24. Revenue from operations surged 32.80% YoY to Rs 242.48 crore in the quarter ended 30 September 2024. Powered by Capital Market - Live

Anand Rathi Wealth will hold a meeting of the Board of Directors of the Company on 13 January 2025.Powered by Capital Market - Live

Revenue from operations surged 32.80% YoY to Rs 242.48 crore in the quarter ended 30 September 2024. For the quarter ended 30 September 2024, profit before tax was Rs 102.18 crore, reflecting a growth of 31.47% compared to Rs 77.72 crore posted in the same quarter previous year. During the quarter, assets under management (AUM) stood at Rs 75,084 crore, up 57% as compared with Rs 47,957 crore recorded in Q2 FY24. Share of Equity Mutual Funds in AUM increased to 55% as of September 2024 and 50% as of September 2023. In Q2 FY25, the company's net inflows surged by 128% year-on-year to Rs 5,700 crore, while net inflows in Equity Mutual Funds increased by 64% YoY to Rs 3,116 crore for the quarter ended 30 September 2024. Mutual Fund distribution revenue rose by 70% YoY to Rs 195 crore, while the annualized Return on Equity (ROE) stood at 44%. On half-year basis, the company's consolidated net profit jumped 35.09% to Rs 149.35 crore in H1 FY25 as against 110.55 crore posted in H1 FY24. The compay's Revenue surged 34.25% YoY to Rs 480.09 crore in H1 FY25. Meanwhile, the company's board declared interim dividend of Rs 7 per share of face value of Rs 5 each for FY25. The company has fixed 18 October 2024 as record date for the said dividend. Rakesh Rawal, chief executive officer (CEO), said, 'We are thrilled to announce another exceptional financial result. In H1 FY25 our total revenue grew by 35% year-on-year to Rs 495 crore and Profit after Tax was Rs 150 crore, representing growth of 35% year-on-year. Our Assets Under Management (AUM) has seen a significant increase of 57% to Rs 75,084 crore. In the first half of FY25, we welcomed 1,066 new client families, bringing our total count of client families to 10,977. India's growth story is being celebrated as the global economy faces geopolitical challenges and slow growth. As the fastest-growing large economy, India is projected to achieve a 7% GDP growth for FY25, driven by strong domestic demand, government reforms and increased capital expenditure, which has also boosted its market capitalization. In light of such strong economic growth, the company's prospects are positive, supported by the rising HNI population who are seeking a strategic approach to wealth creation.' Feroze Azeez, deputy chief executive Officer said, 'India's strong economic fundamentals have driven increased interest from both domestic and foreign investors. This trend is reflected in consistent inflows into the equity markets, with new investments hitting record highs month-on-month. Such a positive momentum is expected to strengthen the Indian equity markets further, fostering an environment conducive to long-term capital appreciation and broadening of the investor base. Our client centric approach has resulted in 0.28% client attrition rate in terms of AUM lost during the first half of FY25. We take immense pride in achieving zero regret RM attrition for the fifth consecutive quarter'a true testament to our robust entrepreneurial work culture and unwavering commitment to our team's growth and satisfaction.' Anand Rathi Wealth is among India's leading non-bank wealth solutions firms, catering to high and ultra-high net worth individuals. The scrip shed 0.37% to settled at Rs 4,040.50 on the BSE.Powered by Capital Market - Live

Anand Rathi Wealth has fixed 18 October 2024 as record date for first interim dividend of Rs 7 per share for FY 2025. Powered by Capital Market - Live

Net profit of Anand Rathi Wealth rose 32.39% to Rs 76.11 crore in the quarter ended September 2024 as against Rs 57.49 crore during the previous quarter ended September 2023. Sales rose 32.81% to Rs 242.48 crore in the quarter ended September 2024 as against Rs 182.58 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales242.48182.58 33 OPM %42.9442.43 - PBDT108.3282.33 32 PBT102.1977.72 31 NP76.1157.49 32 Powered by Capital Market - Live