Is Anand Rathi Wealth a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Anand Rathi Wealth Ltd is a good quality company .

Is Anand Rathi Wealth undervalued or overvalued?

The key valuation ratios of Anand Rathi Wealth Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone .

What is Anand Rathi Wealth share price return in the past 10 years?

Data is not available for this company

Is Anand Rathi Wealth a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Strong which suggest that the price of Anand Rathi Wealth Ltd is likely to Rise in the short term. However, please check the rating on Quality and Valuation before investing

Anand Rathi Wealth Ltd - Stock Valuation and Financial Performance

Name: Anand Rathi Wealth
Brand: Anand Rathi Wealth

BSE: 543415 | NSE: ANANDRATHI | Finance - Others | Small Cap

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Anand Rathi Wealth Share Price

₹4,194.95 53.80 1.30%
as on 31-May'24 16:01

10 Year X-Ray of Anand Rathi Wealth:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Standalone Basis ^P Consolidated Basis ^P

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Value Creation ⓘ

Value Creation Index Colour Code Guide ⓘ

	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
ROCE % ⓘ	-0.4%	2.5%	6.4%	87.4%	54.9%	34.8%	15.9%	35.3%	36.9%	37.3%	-
Value Creation Index ⓘ	-1.0	-0.8	-0.5	5.5	2.9	1.5	0.1	1.5	1.6	1.8	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	0	0.5	37	210	268	322	254	404	530	695	695
Sales YoY Gr.	-	NA	7,597.9%	469.7%	27.1%	20.5%	-21.3%	59%	31.3%	31.1%	-
Adj EPS ⓘ	-0	0.1	0.2	12.5	16.1	17.6	10.7	30.1	40.3	52.9	52.9
YoY Gr.	-	NA	187.5%	5326.1%	29.3%	8.9%	-39.1%	181.4%	33.8%	31.2%	-
BVPS (₹) ⓘ	0	0	0	0	0	0	66.7	90.2	119.9	162.6	162.6
Adj Net Profit ⓘ	0	0.2	0.9	50.3	65.2	71.3	44.2	125	168	221	221
Cash Flow from Ops. ⓘ	-1.4	0.3	-4.9	95.3	57.4	143	-23.5	147	109	267	-
Debt/CF from Ops. ⓘ	0	0	-5	0	0	0.3	-1.4	0.2	0.2	0	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	NA	21%	39.9%	31.1%
Adj EPS ⓘ	NA	26.8%	70.4%	31.2%
BVPSⓘ	NA	NA	34.6%	35.6%
Share Price	-	-	-	390.2%

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
Return on Equity % ⓘ	-0.4	2.5	8.8	97	53.3	37.5	17.5	38	38	37.3	32.6
Op. Profit Mgn % ⓘ	0	-10.5	-2.8	35.5	32.8	33.8	27.2	43	44.2	42.4	42.4
Net Profit Mgn % ⓘ	0	33.1	2.4	23.9	24.4	22.1	17.4	31.1	31.7	31.9	31.9
Debt to Equity ⓘ	0	0	1.8	0	0	0.2	0.1	0.1	0	0	0
Working Cap Days ⓘ	0	1,611	210	122	111	98	108	88	150	215	127
Cash Conv. Cycle ⓘ	0	384	20	3	8	8	11	11	10	11	83

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 39.88%

Net Profit is growing at healthy rate in last 3 years 70.35%

Sales growth is good in last 4 quarters at 31.10%

Return on Equity has declined versus last 3 years average to 32.60%

Latest Financials - Anand Rathi Wealth Ltd.

	Standalone	Consolidated
TTM EPS (₹)	52.9	53.8
TTM Sales (₹ Cr.)	695	724
BVPS (₹.) ⓘ	162.6	154.6
Reserves (₹ Cr.) ⓘ	659	626
P/BV ⓘ	25.80	27.13
PE ⓘ	79.24	77.99

From the Market
52 Week Low / High (₹)	848.05 / 4264.80
All Time Low / High (₹)	541.85 / 4246.00
Market Cap (₹ Cr.)	17,547
Equity (₹ Cr.)	20.9
Face Value (₹)	5
Industry PE ⓘ	54.2

Management X-Ray of Anand Rathi Wealth:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

0.01

* Pledged shares as % of Promoter's holding (%)

Valuation of Anand Rathi Wealth

Price Calculator

Price Chart

Price to Earnings

Enterprise Value to EBIT

Price to Book-Value

Price to Sales

Dividend History

Analyst's Notes

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Key Ratios of Anand Rathi Wealth

Standalone Basis Consolidated Basis

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Income	0	1	39	219	281	328	262	409	538	720
Interest Income	0	0	37	210	268	322	254	404	530	695
Other Income ⓘ	0	0	2	9	13	6	8	5	8	26
Expenditure ⓘ	0	1	39	148	187	232	200	243	311	421
Interest Expense ⓘ	0	0	1	9	3	3	3	2	4	6
Operating Expenses ⓘ	0	1	38	135	181	224	192	236	299	403
Provisions	0	0	0	4	2	5	6	5	9	11
Exceptional Items ⓘ	0	0	0	0	0	0	0	0	0	0
Profit Before Tax ⓘ	0	0	1	71	94	96	62	166	226	300
Taxes ⓘ	0	0	0	21	28	24	18	41	58	78
Profit After Tax	0	0	1	50	65	71	44	125	168	221
Adjusted EPS (₹)	0.0	0.1	0.2	12.5	16.1	17.6	10.7	30.1	40.3	52.9
Dividend Payout Ratio (%)	0%	0%	0%	0%	0%	0%	31%	36%	30%	26%

Balance Sheet

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Equity and Liabilities
Equity Capital	6	6	14	90	155	225	280	381	505	682
Share Capital ⓘ	0	0	13	13	13	14	14	21	21	21
Reserves ⓘ	6	6	1	76	141	212	266	360	484	661
Minority Interest	0	0	0	0	0	0	0	0	0	0
Long Term Borrowings	0	0	0	8	0	47	31	25	26	40
Current Liabilities	0	0	38	74	58	155	50	94	113	172
Trade Payables	0	0	3	5	0	2	0	0	0	0
Short term borrowings	0	0	25	0	0	8	0	0	0	0
Other Liabilities	0	0	-28	-5	0	-10	0	0	0	0
Total Liabilities ⓘ	6	7	52	172	212	427	360	500	644	894
Assets
Non Current Asset	4	4	11	24	96	296	295	333	340	338
Loan Asset	0	0	0	0	0	0	0	0	0	0
Other Non Current Asset ⓘ	4	4	11	24	96	296	295	333	340	338
Current Asset	2	3	42	148	117	131	65	166	304	555
Current Investment	0	0	0	50	75	2	3	0	0	1
Other Current Asset	2	3	42	98	42	129	63	166	304	554
Total Assets ⓘ	6	7	52	172	212	427	360	500	644	894

Cash Flow

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Cash Flow From Operating Activity ⓘ	-1	0	-5	95	57	143	-24	147	109	267
Cash Flow From Investing Activity ⓘ	1	0	-24	-90	-43	-156	52	-79	-44	-233
Cash Flow From Financing Activity ⓘ	0	0	31	-7	-3	28	-17	-49	-64	-72
Net Cash Flow ⓘ	0	1	2	-2	11	15	12	19	0	-37

Finance Ratio

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Operational & Financial Ratios
EPS (₹)	-1	8	1	37	24	26	16	30	40	53
DPS (₹)	0	0	0	0	0	0	5	11	12	14
BVPS (₹)	324	330	11	67	58	83	100	90	120	163
Performance Ratios
ROA (%)	-0.4	2.4	3.0	45.0	33.9	22.3	11.2	29.2	29.4	28.8
ROE (%)	-0.4	2.5	8.8	97.0	53.3	37.5	17.7	38.6	38.4	37.5
ROCE (%)	1.4	3.1	5.7	124.0	78.8	46.9	22.5	46.7	49.7	50.5
Valuation Parameters
Price/Book(x)	0.0	0.0	0.0	0.0	0.0	0.0	0.0	6.7	6.7	22.7

Anand Rathi Wealth Ltd Stock News

Anand Rathi Wealth Ltd FAQs

What is the share price of Anand Rathi Wealth?

Company share prices are keep on changing according to the market conditions. The closing price of Anand Rathi Wealth on 31-May-2024 16:01 is ₹4,195.

What is the market cap of Anand Rathi Wealth?

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 31-May-2024 16:01 the market cap of Anand Rathi Wealth stood at ₹17,546.8.

What is the P/E ratio of Anand Rathi Wealth?

The latest P/E ratio of Anand Rathi Wealth as of 31-May-2024 16:01 is 79.24.

What is the P/B ratio of Anand Rathi Wealth?

The latest P/B ratio of Anand Rathi Wealth as of 31-May-2024 16:01 is 25.80.

What is the 52-week high and low of Anand Rathi Wealth?

The 52-week high of Anand Rathi Wealth is ₹4,264.8 and the 52-week low is ₹848.0.

What is the TTM revenue of Anand Rathi Wealth?

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Anand Rathi Wealth is ₹694.7 ( Cr.) .

About Anand Rathi Wealth Ltd

Anand Rathi Wealth is one of the leading non-bank wealth solutions firms in India. The company serves a wide spectrum of clients through a mix of wealth solutions, financial product distribution and technology solutions. It provides services primarily through its flagship Private Wealth (PW) vertical.

The company: (a) acts as a mutual fund distributor, registered with the Association of Mutual Funds in India. It distributes mutual fund schemes managed by asset management companies and earns distribution commissions on a trail basis from asset management companies; (b) purchases non-convertible market linked debentures (MLDs) and offers them to its clients and earns income from these sales. Therefore, the AUM of the Company comprises mutual fund schemes and other financial products such as bonds, MLDs and other securities held by clients in their own demat accounts. Further, the company does not include demat holdings of the clients in the AUM unless the client has also used the distribution service of ARWL or have bought MLDs through ARWL. As per the industry practice, all such assets kept in the demat account of the clients belong to the respective clients and indicate the value of their assets. Such assets are shown as the AUM of the Company. All decisions regarding purchase and sale of mutual funds and other securities are taken by the clients. The Company is not engaged in any portfolio management of its clients.

Business area of the company

Anand Rathi Wealth, registered AMFI as a Mutual Fund Distributor, has, since 2002, been in the business of Private Wealth, catering to high and ultra-high net worth individuals (HNIs & UHNIs).

Certifications, Awards and Accreditations

2012: Voted “The Overall Best Private Bank in India as voted by HNWIs” in AuM $1m-5m category in the Asiamoney Private Banking Polls 2012.
2015: Best Wealth Manager India Award - Capital Finance International, London.
2016: Best Wealth Manager India Award - Capital Finance International, London.
2017: Voted the Best Wealth Manager India by Capital Finance International, London.
2017: Ranked 34 in India’s Great Mid-Size Workplaces 2017 by HT Media Limited and Great Place to Work Institute India.
2018: Best Wealth Manager India Award - Capital Finance International, London.
2018: Great Place to Work - 2018 in the Small and Mid-Sized Organizations category, by the Great Place to Work Institute, India.
2019: Amity Corporate Excellence Award for Most Strategic Private Wealth Management.
2020: Fastest Growing Wealth Management Organisation by World BFSI Congress, 2020.
2020: Customer Service Excellence Award by World BFSI Congress, 2020.
2020: Great Place to Work - 2020 in the Small and Mid-Sized Organizations category, by the Great Place to Work Institute, India.
2021: Customer Service Excellence Award by World Leadership Congress & Awards, 2021.
2021: Great Place to Work - by the Great Place to Work Institute, India.

Major events and milestones

2002: ARFSL received the certificate of registration from the Association of Mutual Funds in India with respect to its mutual fund distribution business.
2008: The company entered into contractual arrangement with ARFSL to use their premises to commence overseas operations in Dubai; and expanded wealth operations in India by setting up office in Delhi.
2015: AuM of wealth management business of ARFSL crossed Rs 50,000 million.
2017: The company’s Subsidiary, AR Wealth Management Private Limited, acquired Freedom Wealth Solutions (involved in investment advisory business) and Ffreedom Intermediary Infrastructure.
2017: The company acquired the mutual fund distribution business of ARAL which ARAL had acquired from ARFSL.
2017: The company acquired the private wealth management business from Religare Wealth Management.
2018: The company expanded wealth operations in eastern India by setting up office in Kolkata.
2018: AuM of the company crossed Rs 150,000 million.
2019: AuM of the company crossed Rs 200,000 million.
2021: AuM of the company crossed Rs 250,000 million.