Anand Rathi Wealth Q2 Results: Business PAT Jumps 22%, AUM Crosses Rs 1 Lakh Crore

Anand Rathi Wealth announced its Q2 FY27 results on Friday, October 9, 2026, reporting a 22.2 per cent year-on-year rise in adjusted consolidated business profit after Tax to Rs 121.9 crore, while revenue from operations increased 15.7 per cent to Rs 344 crore. The company also declared an interim Dividend of Rs 4 per share. 

Strong Growth In Revenue And Client Inflows

The wealth management firm continued to see healthy business momentum during the quarter. Revenue from operations rose from Rs 297.37 crore in Q2 FY26 to Rs 343.99 crore in Q2 FY27. Total revenue increased 16.1 per cent year-on-year to Rs 356.6 crore. 

The biggest positive was the flow of new money. Quarterly net inflows reached a record Rs 4,186 crore, up 39 per cent year-on-year. Equity Mutual Fund net inflows also touched a record Rs 2,867 crore, while mutual fund distribution revenue increased 18 per cent to Rs 145 crore. 

AUM Crosses Rs 1 Lakh Crore

Assets under management stood at Rs 1,08,377 crore as of September 30, 2026, marking an 18 per cent year-on-year increase. The growth is notable because the Nifty declined around 8 per cent over the same period, meaning the increase in AUM was supported by strong client inflows despite weaker equity markets.

The company added more than 1,500 client families on a net basis over the past year. Active client families increased 12 per cent year-on-year to 14,309, while the number of relationship managers rose by 45 to 431.

Reported Profit Tells A Different Story

There is an important distinction in the Q2 numbers. On a reported consolidated basis, which includes fair-value gains, ESOP expenses and related tax effects, profit after tax stood at Rs 89.3 crore, down from Rs 99.8 crore a year earlier. Reported PAT was also sharply lower sequentially because the previous quarter had benefited from higher other income. 

The company therefore highlights business PAT, excluding these items, as a better measure of its underlying operating performance. On this basis, Q2 PAT increased 22.2 per cent year-on-year to Rs 121.9 crore. 

H1 FY27 Performance Remains Strong

For the first half of FY27, consolidated revenue increased 17 per cent year-on-year to around Rs 693 crore, while adjusted business PAT rose 23 per cent to Rs 238 crore. This means the company has achieved 49 per cent of its full-year revenue guidance of Rs 1,415 crore and 52 per cent of its adjusted PAT guidance of Rs 460 crore in the first six months. 

The company has maintained its long-term growth outlook of 20–25 per cent, indicating that management remains confident about the scalability of its wealth management business despite the volatile market environment.

Rs 4 Interim Dividend Announced

Along with the results, the board declared an interim dividend of Rs 4 per equity share, representing 80 per cent of the Rs 5 face value. The record date has been fixed for October 15, 2026, with the dividend to be credited or dispatched within 30 days of declaration. 

Overall, the Q2 performance presents a mixed picture on the surface, with reported profit declining but underlying business profit, revenue, AUM and client inflows showing healthy growth. The ability to sustain strong inflows and convert the expanding asset base into higher recurring revenue will remain key for the company in the second half of FY27.

Disclaimer: The article is for informational purposes only and not investment advice