Anand Rathi Wealth543415Earnings call transcript

Q2 & H1 FY27 earnings call: PAT grows about 23% YoY, board declares interim dividend

Anand Rathi Wealth held its Q2 & H1 FY27 earnings call on 12th October 2026; the transcript is now shared with the exchanges.

By ScoutQuest · Fri 16 Oct 2026, 12:21 PM IST · 2 min read

H1 FY27 PAT: grew about 23% year-on-year to INR 238 crores
Interim Dividend: INR 4 per share
Net New Money: INR 4,186 crores — the highest in the company's 20-year history

What this update is

Anand Rathi Wealth has shared the transcript of its Q2 & H1 FY27 earnings conference call, held on 12th October 2026. The call discussed the quarter and half year ended 30th September 2026, the business milestones of the period and the outlook.

Headline performance

H1 FY27 profit after tax grew about 23% year-on-year to INR 238 crores, while revenue rose to INR 693 crores.
Q2 FY27 net profit was INR 122 crores.
Management said the first half has already covered more than half of the full-year PAT guidance.

Guidance for the full year

Revenue guidance: INR 1,415 crores.
PAT guidance: 460 (as stated on the call, in the same unit as the other profit figures used).

These are the guidance figures management repeated on the call while discussing how much of the year is already done.

Dividend

The Board of Directors declared an interim dividend of INR 4 per share.

Business milestones flagged

Highest ever net flow in the company's 20-year history: INR 4,186 crores of fresh money collected in the quarter.
Also the highest ever quarterly equity mutual fund net flow, and the highest ever monthly client acquisition in September.
The private wealth business added client families on a net basis, and client attrition measured in AUM lost stayed low.
Digital wealth (B2B2C) AUM and client count both grew, and the OFA SaaS platform continued to add subscribers.
Operations began in London, UK, and requisite regulatory approvals have been received to commence operations in GIFT City, India.

Costs and profit quality

ESOP cost is a non-cash expense. Management said it will reduce dramatically and that this would narrow the gap between profit before tax and the reported number.

Questions management answered

On client wallet share, management said a large share of the wealth of its largest clients sits with the firm and that for most families this share has been trending upward.
On the market-linked debenture business, management said it does not worry them, that the risks were identified well in advance, and that the business is scalable.

How to read it

The update is a transcript of an investor call, so it carries management commentary alongside the numbers discussed. The key takeaways are the half-yearly profit and revenue growth, the interim dividend, record client flows, and the unchanged full-year guidance for revenue and profit.

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