Anand Rathi Share and Stock Brokers Q2 FY27 revenue up 20.3% to ₹2,732.1 Mn, PAT up 50.3%
Q2 FY27 revenue up 20.3% to ₹2,732.1 Mn and PAT up 50.3% to ₹419.4 Mn; MTF book up 38.2% to ₹14,992.9 Mn.
By ScoutQuest · · 1 min read
- Q2 FY27 Revenue
- up 20.3% YoY to ₹2,732.1 Mn
- Q2 FY27 PAT
- up 50.3% to ₹419.4 Mn
- MTF Book (as of Sept 30, 2026)
- ₹14,992.9 Mn (up 38.2%)
- Period
- Q2 & H1 FY27 (quarter and half year ended…
- Positioning
- A full-service brokerage house with a 30+ year track record, part of the Anand Rathi Group, with 99 own branches and 1,071 Authorized Persons across 314 cities.
📉 Q2 FY27 revenue from operations rose 20.3% YoY to ₹2,732.1 Mn and PAT rose 50.3% to ₹419.4 Mn, though EBITDA grew only 7.8% to ₹998.6 Mn and EBITDA margin fell 423 bps to 36.5%. For H1 FY27, revenue was ₹5,193.2 Mn (up 21.2%) and PAT after exceptional items ₹652.9 Mn (up 28.7%); before exceptional items PAT was 810.0 Mn.
💰 Business metrics as of Sept 30, 2026: assets under custody ₹11,54,190.4 Mn (up 13.2%), AUM ₹99,989.9 Mn (up 29.2%), MTF book ₹14,992.9 Mn (up 38.2%) and 10,49,536 total clients. Debt equity rose to 1.02 from 0.93, and annualised ROE was 12.3% in Q2 against an adjusted 20.6% a year earlier.
📈 The company describes itself as a full-service broker with a pan-India network and says more than 70% of active clients come from Tier 2/3 cities. The broking segment contributed 57% of Q2 FY27 revenue, with Equity Cash a majority of broking revenue.
📌 Management states it is diversifying and derisking the business model and calls the MTF segment a core growth engine, saying the book is well diversified with an average client ticket size of ₹1.63 million. Backing this, the presentation cites the 2025 IPO of Rs. 745 crores and A1+/A+ ratings from CARE and ICRA in April 2026.
Also from Anand Rathi Share And Stock Brokers
Q2 FY27 call: revenue up 20%, PAT up 50%, MTF book at 57% of full-year target
21 Oct 2026
Anand Rathi Q2 FY27 earnings conference call audio recording (held Oct 14, 2026) uploaded
14 Oct 2026
Q2 FY27 results: Revenue grows 20% YoY, PAT rises 50% YoY, MTF Book up 38.2% YoY
13 Oct 2026
More numbers
- Revenue from operations, Q2 FY27₹2,732.1 Mn
- Revenue growth YoY, Q2 FY2720.3%
- EBITDA, Q2 FY27₹998.6 Mn
- EBITDA margin, Q2 FY2736.5%
- PAT, Q2 FY27₹419.4 Mn
- PAT growth YoY, Q2 FY2750.3%
- Revenue from operations, H1 FY27₹5,193.2 Mn
- PAT after exceptional items, H1 FY27₹652.9 Mn
- Assets under custody, Sept 30 2026₹11,54,190.4 Mn
- Assets under management, Sept 30 2026₹99,989.9 Mn
- MTF book, Sept 30 2026₹14,992.9 Mn
- Total clients, Sept 30 202610,49,536 clients
- Revenue, FY26₹ 9,321.6 Mn
- ROE (Annualized), Q2 FY2712.3%
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