
Anand Rathi Share and Stock Brokers Declares ₹5 Final Dividend, Posts Q4 Results
Anand Rathi Share and Stock Brokers Limited Reports Strong Financial Performance for Q4 FY26
Anand Rathi Share and Stock Brokers Limited, the brokerage arm of Anand Rathi, has announced a dividend while reporting its financial performance for the March-ending quarter. The company's revenue from operations rose 28.1% year-on-year to ₹255.7 crore, compared to ₹199.6 crore in the same quarter last year.
The company's earnings before interest, taxes, depreciation, and amortization (EBITDA) surged 51.4% YoY to ₹110.3 crore, while margins expanded sharply by 666 basis points to 43.2%. On the bottom line, profit after tax (PAT) more than doubled, jumping 125.7% YoY to ₹41.6 crore, with PAT margin improving significantly by 703 basis points to 16.2%.
The company witnessed a slight dip in its broking revenues during the period, which was more than compensated by interest on margin trading facility (MTF) and distribution income. Revenue from broking-related services grew 14.5% YoY to ₹120.1 crore, remaining the largest contributor to overall revenue. Interest income from MTF witnessed a sharp rise of 50.2% YoY to ₹43.2 crore, indicating strong traction in leveraged trading.
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| Category | Q4 FY26 | Q4 FY25 | % Change |
|---|---|---|---|
| Broking Revenue | ₹120.1 crore | ₹104.8 crore | 14.5% |
| Interest Income (MTF) | ₹43.2 crore | ₹28.8 crore | 50.2% |
| Distribution Income | ₹35.3 crore | ₹26.4 crore | 34.3% |
| Other Income | ₹57.1 crore | ₹39.7 crore | 43.8% |
Distribution income also posted healthy growth of 34.3% YoY to ₹35.3 crore, while other income from operations increased 43.8% YoY to ₹57.1 crore, supporting overall revenue growth.
For FY26, revenue from operations stood at ₹932.2 crore, reflecting a 10% YoY growth, while EBITDA and PAT grew by 22% and 25% to ₹379.6 crore (41% EBITDA margin) and ₹129.3 crore (14% PAT margin), respectively.
Commenting on the results, Mr. Pradeep Gupta, Chairman and Managing Director, said that the company continued to remain focused on strengthening its client relationships by enabling informed, long-term investment decisions and ensuring that every engagement creates enduring value. The company also declared a final dividend of ₹5 per share, which will be credited or dispatched within 30 days from the date of the forthcoming 35th Annual General Meeting (AGM).
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The company's shares have recovered sharply in recent sessions after witnessing a one-way decline. Over the last eight trading sessions, the stock has rebounded 37%, marking one of its biggest comebacks since listing. However, it still trades 27% below its record high.
Investor Takeaway
Anand Rathi Share and Stock Brokers Limited posted strong Q4 results with revenue and profit growth.
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