ANANDRATHI Releases Q1 FY26-27 Earnings Call Transcript, Reports Robust AUM and Profit Growth

Lead

Anand Rathi Wealth Limited has submitted the transcript of its Q1 FY26-27 earnings conference call, held on July 10, 2026, to the exchange. The company reported a 21% year-on-year growth in Assets Under Management (AUM) to INR1,06,300 crores as of June 30, 2026. This performance was supported by strong net inflows and sustained client additions, underscoring its consistent business model despite market volatility during the quarter.

Key highlights

• Total Assets Under Management (AUM) grew 21% year-on-year, reaching INR1,06,300 crores by June 30, 2026.
• Net flows for Q1 FY26-27 amounted to INR2,743 crores, including INR1,900 crores from equity mutual funds alone.
• The company reported a Profit After Tax (PAT) of INR163 crores on a total revenue of INR430 crores for Q1 FY26-27.
• Client additions included over 1,600 new client families in the past 12 months, bringing the total to 13,941, alongside a low client attrition rate of 0.09% by AUM.
• The digital wealth business saw its AUM increase by 23% year-on-year to INR2,526 crores, with clients growing 16% to 7,320.

What drove it

Management attributed the performance to an "uncomplicated business model" and a steadfast focus on client outcomes. This approach helped deliver consistent, market-agnostic growth despite volatility in Q1 FY26-27. The company highlighted that its consolidated total revenue, excluding fair value gains, ESOP expenses, and related tax effects, grew 18% year-on-year to INR336 crores, resulting in a Profit After Tax (PAT) growth of 24% year-on-year to INR116 crores compared to Q1 FY25-26. This consistency was further underscored by a reported mean year-on-year profit growth of 31.7% over the last 17 quarters, with a low standard deviation of 4.8%.

Why it matters

The consistent growth in AUM, net inflows, and client base demonstrates Anand Rathi Wealth's ability to expand its wealth management services across different market conditions. The low client and relationship manager attrition rates suggest strong client relationships and operational stability. Further, the company's achievement of 24% of its full-year FY26-27 revenue guidance of INR1,415 crores and 25% of its full-year FY26-27 PAT guidance of INR460 crores indicates management's confidence in its business strategy and execution capabilities.

What to watch

Anand Rathi Wealth's continued expansion into new ventures, such as the Digital wealth business and its newly commenced UK operations, will be observed for their contribution to overall growth. Progress against the full-year FY26-27 guidance will remain a key focus.