Anand Rathi Wealth ANANDRATHI
Mutual-fund-led wealth manager for high-net-worth families, earning mainly from distribution trails and structured products
Mapped in 1 theme: Capital Markets.
Where Anand Rathi Wealth sits in the supply chain
Anand Rathi Wealth appears in 2 supply-chain layers in one theme, Capital Markets.
Capital Markets › Fund & insurance distribution
OperatorOther companies in this layer
Revenue and profit
| ₹ Cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 424 | 559 | 752 | 980 | 1,253 |
| Net profit | 127 | 169 | 226 | 301 | 397 |
Latest-year revenue ₹1,253 Cr (FY26, company-wide).
Strengths
- AUM of ~₹93,000 Cr (Mar 2026) growing fast on equity MF and structured products
- Very high return on capital for an asset-light model
Risks
- Structured-product (market-linked debenture) income is sensitive to SEBI rules and markets
- Distribution trails depend on AMC commission rates
- Rich valuation (see the figures)
Common questions
What does Anand Rathi Wealth do?
Mutual-fund-led wealth manager for high-net-worth families, earning mainly from distribution trails and structured products.
Where does Anand Rathi Wealth sit in the supply chain?
Anand Rathi Wealth (NSE: ANANDRATHI) is mapped in 2 supply-chain layers: Fund & insurance distribution (Capital Markets) and Wealth managers (Capital Markets).
Who are Anand Rathi Wealth's peers?
In the Wealth managers layer of Capital Markets: 360 ONE WAM, Nuvama Wealth Management, Motilal Oswal Financial Services, IIFL Capital Services and JM Financial.
What is Anand Rathi Wealth's market cap and valuation?
As of 6 Nov 2026: market cap ₹39,277 Cr, P/E 86.4x, ROCE 59.2%, ROE 47.3%, dividend yield 0.27%.