ANANDRATHI

Q4 results update : 11 April 2025

Earnings and Dividend Expectations

(AR Wealth) is scheduled to report its earnings for the quarter and financial year ended on March 31, 2025 on Thursday, April 09. The company board shall also consider a dividend for its shareholders as per its exchange filing. Analysts tracking the company are expecting a muted performance for the quarter. Analyst Projections and Recommendations Equirus Securities expects Anand Rathi Wealth to report revenue from operations of Rs 226.2 crore, up 22.7% year-over-year but down 4.6% quarter-over-quarter. Ebitda is seen at Rs 94.1 crore, up 28.7% YoY but down 12.1% sequentially. PAT may come in at Rs 67.7 crore, up 19% YoY but down 12.4% on a quarterly basis. Equirus currently has an 'add' rating on Anand Rathi Wealth with a target price of Rs 2,150. Stock Performance and Valuation Shares of Anand Rathi Wealth settled at Rs 1,770.75 on Wednesday, falling 1.35% for the day. The stock has tumbled nearly 24% from its adjusted 52-week high of Rs 2,320.28, hit in December 2024. Ventura Securities believes the stock has overshot its intrinsic value of Rs 1,584 and maintains a 'sell' rating. Anand Rathi Wealth operates in the wealth management vertical, which is expected to grow at a 10-12% CAGR over the next seven years to $331 billion by 2032, presenting a substantial growth runway. The company raised Rs 660 crore via its IPO, with the stock currently trading about 550% above its issue price of Rs 550 (adjusted for stock split).