{"id":1136,"date":"2026-04-21T11:57:22","date_gmt":"2026-04-21T06:27:22","guid":{"rendered":"https:\/\/www.bullscreen.in\/news\/?p=1136"},"modified":"2026-04-21T12:16:20","modified_gmt":"2026-04-21T06:46:20","slug":"anand-rathi-delivers-strong-q4-results-2026-with-profit-surge-and-expanding-client-base","status":"publish","type":"post","link":"https:\/\/www.bullscreen.in\/news\/anand-rathi-delivers-strong-q4-results-2026-with-profit-surge-and-expanding-client-base\/","title":{"rendered":"Anand Rathi Delivers Strong Q4 Results 2026 with Profit Surge and Expanding Client Base"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/www.bullscreen.in\/company\/ARSSBL\" target=\"_blank\" rel=\"noopener\" title=\"\">Anand Rathi Share and Stock Brokers Limited<\/a> reported a robust performance in its Q4 results 2026, posting sharp growth in profitability and steady expansion across business segments, reflecting resilience amid evolving market conditions.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The company\u2019s total revenue from operations rose 28.1% year-on-year to \u20b92,556.5 million in the fourth quarter, while full-year revenue climbed 10.2% to \u20b99,321.6 million. Earnings before interest, tax, depreciation and amortization (EBITDA) jumped 51.4% YoY in Q4 to \u20b91,103.3 million, indicating improved operating efficiency. Profit after tax (PAT) recorded a standout increase of 125.7% YoY in the quarter to \u20b9415.5 million, making the Q4 results 2026 particularly notable for investors.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Margins also strengthened, with EBITDA margin reaching 40.7% for FY26, up 392 basis points, and PAT margin rising to 13.8%. The improved profitability came despite a 25% rise in finance costs, driven largely by growth in the margin trading facility (MTF) book.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The broking business remained a key contributor, accounting for 51% of revenue. Assets under custody increased 16% YoY to \u20b99,44,155.3 million, while the client base grew 12.7% to nearly one million users. Notably, over 70% of active clients are from Tier 2 and Tier 3 cities, highlighting the firm\u2019s deep penetration beyond metro markets. Client retention also remained strong, with 55% of users associated for over three years.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Non-broking segments showed accelerated momentum. The MTF book surged 60.7% YoY to \u20b911,019.3 million, while assets under distribution grew 20.6% to \u20b977,876.2 million. Distribution income also increased significantly to \u20b91,129 million in FY26, reflecting the company\u2019s push toward diversified revenue streams.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The balance sheet strengthened considerably, with total assets more than doubling to \u20b970,993 million. The debt-equity ratio improved sharply to 0.62 from 1.80, indicating better financial stability.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The Q4 results 2026 underline Anand Rathi\u2019s strategic shift toward high-margin, non-broking services such as distribution and MTF. Expansion into insurance distribution further broadens its offerings and reduces reliance on trading income.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Overall, the Q4 results 2026 highlight a company balancing growth with diversification, positioning itself to benefit from rising retail participation and deeper financial inclusion across India.<\/p>\n\n\n\n<div class=\"bs-widget-title one\"><h2 class=\"wp-block-heading\"><span><i class=\"fas fa-arrow-right\"><\/i><\/span>Financial Analysis Q4 results 2026 <\/h2><div class=\"border-line\"><\/div><\/div>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><thead><tr><th>Category<\/th><th>Key Metric \/ Insight<\/th><th>FY26 Performance<\/th><\/tr><\/thead><tbody><tr><td>Revenue Mix<\/td><td>Broking Contribution<\/td><td>51% of total revenue<\/td><\/tr><tr><td><\/td><td>Non-Broking Contribution (MTF + Distribution)<\/td><td>28% (up from 23% in FY25)<\/td><\/tr><tr><td>Finance Costs<\/td><td>Total Finance Cost<\/td><td>\u20b91,841 Mn (\u2191 25% YoY)<\/td><\/tr><tr><td><\/td><td>Reason<\/td><td>Growth in MTF book<\/td><\/tr><tr><td>Employee Expenses<\/td><td>Employee Benefits Cost<\/td><td>\u20b93,033 Mn (\u2191 11% YoY)<\/td><\/tr><tr><td>Profitability<\/td><td>Profit Before Tax (PBT)<\/td><td>\u2191 22% YoY<\/td><\/tr><tr><td><\/td><td>Efficiency<\/td><td>Improved operational efficiency<\/td><\/tr><tr><td>Balance Sheet<\/td><td>Total Assets<\/td><td>\u20b970,993 Mn (more than doubled YoY)<\/td><\/tr><tr><td><\/td><td>Debt-Equity Ratio<\/td><td>Improved to 0.62 (from 1.80)<\/td><\/tr><tr><td><\/td><td>Total Equity<\/td><td>\u20b913,481 Mn (significant increase)<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><em>Source: <a href=\"https:\/\/www.bseindia.com\/xml-data\/corpfiling\/AttachLive\/520a02df-27bd-4fc6-8f59-a184e33ccf33.pdf\" target=\"_blank\" rel=\"noopener\" title=\"\">https:\/\/www.bseindia.com\/xml-data\/corpfiling\/AttachLive\/520a02df-27bd-4fc6-8f59-a184e33ccf33.pdf<\/a><\/em><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Anand Rathi Share and Stock Brokers Limited reported a robust performance in its Q4 results&#8230;<\/p>\n","protected":false},"author":2,"featured_media":1138,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[252],"class_list":["post-1136","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-financials","tag-arssbl"],"aioseo_notices":[],"aioseo_head":"\n\t\t<!-- All in One SEO 4.9.8 - aioseo.com -->\n\t<meta name=\"description\" content=\"Anand Rathi Q4 results 2026 highlight strong profit growth, rising revenue, and expanding client base, driven by MTF and diversified financial services strategy\" \/>\n\t<meta name=\"robots\" content=\"max-image-preview:large\" \/>\n\t<meta name=\"author\" content=\"BullScreen Editorial Team\"\/>\n\t<link rel=\"canonical\" href=\"https:\/\/www.bullscreen.in\/news\/anand-rathi-delivers-strong-q4-results-2026-with-profit-surge-and-expanding-client-base\/\" \/>\n\t<meta name=\"generator\" content=\"All in One SEO (AIOSEO) 4.9.8\" \/>\n\t\t<meta property=\"og:locale\" content=\"en_US\" \/>\n\t\t<meta property=\"og:site_name\" content=\"NSE &amp; BSE Stock Market News - BULLSCREEN - Smart analysis for smart decisions.\" \/>\n\t\t<meta property=\"og:type\" content=\"article\" \/>\n\t\t<meta property=\"og:title\" content=\"Anand Rathi Delivers Strong Q4 Results 2026 with Profit Surge and Expanding Client Base - BULLSCREEN\" \/>\n\t\t<meta property=\"og:description\" content=\"Anand Rathi Q4 results 2026 highlight strong profit growth, rising revenue, and expanding client base, driven by MTF and diversified financial services strategy\" \/>\n\t\t<meta property=\"og:url\" content=\"https:\/\/www.bullscreen.in\/news\/anand-rathi-delivers-strong-q4-results-2026-with-profit-surge-and-expanding-client-base\/\" \/>\n\t\t<meta property=\"og:image\" content=\"https:\/\/www.bullscreen.in\/news\/wp-content\/uploads\/2026\/04\/anand-rathi-delivers-strong-q4-results-2026-with-profit-surge-and-expanding-client-base.jpg\" \/>\n\t\t<meta property=\"og:image:secure_url\" content=\"https:\/\/www.bullscreen.in\/news\/wp-content\/uploads\/2026\/04\/anand-rathi-delivers-strong-q4-results-2026-with-profit-surge-and-expanding-client-base.jpg\" \/>\n\t\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t\t<meta property=\"og:image:height\" content=\"670\" \/>\n\t\t<meta property=\"article:published_time\" content=\"2026-04-21T06:27:22+00:00\" \/>\n\t\t<meta property=\"article:modified_time\" content=\"2026-04-21T06:46:20+00:00\" \/>\n\t\t<meta property=\"article:author\" content=\"https:\/\/www.facebook.com\/Bullscreen\/\" \/>\n\t\t<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n\t\t<meta name=\"twitter:title\" content=\"Anand Rathi Delivers Strong Q4 Results 2026 with Profit Surge and Expanding Client Base - BULLSCREEN\" \/>\n\t\t<meta name=\"twitter:description\" content=\"Anand Rathi Q4 results 2026 highlight strong profit growth, rising revenue, and expanding client base, driven by MTF and diversified financial services strategy\" \/>\n\t\t<meta name=\"twitter:creator\" content=\"@Bullscreen_\" \/>\n\t\t<meta name=\"twitter:image\" content=\"https:\/\/www.bullscreen.in\/news\/wp-content\/uploads\/2026\/04\/anand-rathi-delivers-strong-q4-results-2026-with-profit-surge-and-expanding-client-base.jpg\" \/>\n\t\t<!-- All in One SEO -->\n\n","aioseo_head_json":{"title":"Anand Rathi Delivers Strong Q4 Results 2026 with Profit Surge and Expanding Client Base - BULLSCREEN","description":"Anand Rathi Q4 results 2026 highlight strong profit growth, rising revenue, and expanding client base, driven by MTF and diversified financial services strategy","canonical_url":"https:\/\/www.bullscreen.in\/news\/anand-rathi-delivers-strong-q4-results-2026-with-profit-surge-and-expanding-client-base\/","robots":"max-image-preview:large","keywords":"","webmasterTools":{"miscellaneous":""},"schema":null,"og:locale":"en_US","og:site_name":"NSE &amp; BSE Stock Market News - BULLSCREEN - Smart analysis for smart decisions.","og:type":"article","og:title":"Anand Rathi Delivers Strong Q4 Results 2026 with Profit Surge and Expanding Client Base - BULLSCREEN","og:description":"Anand Rathi Q4 results 2026 highlight strong profit growth, rising revenue, and expanding client base, driven by MTF and diversified financial services strategy","og:url":"https:\/\/www.bullscreen.in\/news\/anand-rathi-delivers-strong-q4-results-2026-with-profit-surge-and-expanding-client-base\/","og:image":"https:\/\/www.bullscreen.in\/news\/wp-content\/uploads\/2026\/04\/anand-rathi-delivers-strong-q4-results-2026-with-profit-surge-and-expanding-client-base.jpg","og:image:secure_url":"https:\/\/www.bullscreen.in\/news\/wp-content\/uploads\/2026\/04\/anand-rathi-delivers-strong-q4-results-2026-with-profit-surge-and-expanding-client-base.jpg","og:image:width":"1200","og:image:height":"670","article:published_time":"2026-04-21T06:27:22+00:00","article:modified_time":"2026-04-21T06:46:20+00:00","article:author":"https:\/\/www.facebook.com\/Bullscreen\/","twitter:card":"summary_large_image","twitter:title":"Anand Rathi Delivers Strong Q4 Results 2026 with Profit Surge and Expanding Client Base - BULLSCREEN","twitter:description":"Anand Rathi Q4 results 2026 highlight strong profit growth, rising revenue, and expanding client base, driven by MTF and diversified financial services strategy","twitter:creator":"@Bullscreen_","twitter:image":"https:\/\/www.bullscreen.in\/news\/wp-content\/uploads\/2026\/04\/anand-rathi-delivers-strong-q4-results-2026-with-profit-surge-and-expanding-client-base.jpg"},"aioseo_meta_data":{"post_id":"1136","title":"#post_title #separator_sa BULLSCREEN","description":"Anand Rathi Q4 results 2026 highlight strong profit growth, rising revenue, and expanding client base, driven by MTF and diversified financial services strategy","keywords":null,"keyphrases":{"focus":{"keyphrase":"Q4 results 2026","score":100,"analysis":{"keyphraseInTitle":{"score":9,"maxScore":9,"error":0},"keyphraseInDescription":{"score":9,"maxScore":9,"error":0},"keyphraseLength":{"score":9,"maxScore":9,"error":0,"length":3},"keyphraseInURL":{"score":5,"maxScore":5,"error":0},"keyphraseInIntroduction":{"score":9,"maxScore":9,"error":0},"keyphraseInSubHeadings":{"score":9,"maxScore":9,"error":0},"keyphraseInImageAlt":[],"keywordDensity":{"type":"best","score":9,"maxScore":9,"error":0}}},"additional":[]},"primary_term":null,"canonical_url":null,"og_title":null,"og_description":null,"og_object_type":"default","og_image_type":"featured","og_image_url":"https:\/\/www.bullscreen.in\/news\/wp-content\/uploads\/2026\/04\/anand-rathi-delivers-strong-q4-results-2026-with-profit-surge-and-expanding-client-base.jpg","og_image_width":"1200","og_image_height":"670","og_image_custom_url":null,"og_image_custom_fields":null,"og_video":"","og_custom_url":null,"og_article_section":null,"og_article_tags":null,"twitter_use_og":false,"twitter_card":"default","twitter_image_type":"featured","twitter_image_url":"https:\/\/www.bullscreen.in\/news\/wp-content\/uploads\/2026\/04\/anand-rathi-delivers-strong-q4-results-2026-with-profit-surge-and-expanding-client-base.jpg","twitter_image_custom_url":null,"twitter_image_custom_fields":null,"twitter_title":null,"twitter_description":null,"schema":{"blockGraphs":[],"customGraphs":[],"default":{"data":{"Article":[],"Course":[],"Dataset":[],"FAQPage":[],"Movie":[],"Person":[],"Product":[],"ProductReview":[],"Car":[],"Recipe":[],"Service":[],"SoftwareApplication":[],"WebPage":[]},"graphName":"BlogPosting","isEnabled":true},"graphs":[]},"schema_type":"default","schema_type_options":null,"pillar_content":false,"robots_default":true,"robots_noindex":false,"robots_noarchive":false,"robots_nosnippet":false,"robots_nofollow":false,"robots_noimageindex":false,"robots_noodp":false,"robots_notranslate":false,"robots_max_snippet":"-1","robots_max_videopreview":"-1","robots_max_imagepreview":"large","priority":null,"frequency":"default","local_seo":null,"breadcrumb_settings":null,"limit_modified_date":false,"ai":{"faqs":[],"keyPoints":[],"titles":[],"descriptions":[],"socialPosts":{"email":[],"linkedin":[],"twitter":[],"facebook":[],"instagram":[]}},"created":"2026-04-21 06:12:12","updated":"2026-04-21 06:55:35","seo_analyzer_scan_date":null},"aioseo_breadcrumb":"<div class=\"aioseo-breadcrumbs\"><span class=\"aioseo-breadcrumb\">\n\t\t\t<a href=\"https:\/\/www.bullscreen.in\/news\" title=\"Home\">Home<\/a>\n\t\t<\/span><span class=\"aioseo-breadcrumb-separator\">&raquo;<\/span><span class=\"aioseo-breadcrumb\">\n\t\t\t<a href=\"https:\/\/www.bullscreen.in\/news\/sector\/financials\/\" title=\"Financial Services\">Financial Services<\/a>\n\t\t<\/span><span class=\"aioseo-breadcrumb-separator\">&raquo;<\/span><span class=\"aioseo-breadcrumb\">\n\t\t\tAnand Rathi Delivers Strong Q4 Results 2026 with Profit Surge and Expanding Client Base\n\t\t<\/span><\/div>","aioseo_breadcrumb_json":[{"label":"Home","link":"https:\/\/www.bullscreen.in\/news"},{"label":"Financial Services","link":"https:\/\/www.bullscreen.in\/news\/sector\/financials\/"},{"label":"Anand Rathi Delivers Strong Q4 Results 2026 with Profit Surge and Expanding Client Base","link":"https:\/\/www.bullscreen.in\/news\/anand-rathi-delivers-strong-q4-results-2026-with-profit-surge-and-expanding-client-base\/"}],"_links":{"self":[{"href":"https:\/\/www.bullscreen.in\/news\/wp-json\/wp\/v2\/posts\/1136","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bullscreen.in\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bullscreen.in\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bullscreen.in\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bullscreen.in\/news\/wp-json\/wp\/v2\/comments?post=1136"}],"version-history":[{"count":4,"href":"https:\/\/www.bullscreen.in\/news\/wp-json\/wp\/v2\/posts\/1136\/revisions"}],"predecessor-version":[{"id":1142,"href":"https:\/\/www.bullscreen.in\/news\/wp-json\/wp\/v2\/posts\/1136\/revisions\/1142"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.bullscreen.in\/news\/wp-json\/wp\/v2\/media\/1138"}],"wp:attachment":[{"href":"https:\/\/www.bullscreen.in\/news\/wp-json\/wp\/v2\/media?parent=1136"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bullscreen.in\/news\/wp-json\/wp\/v2\/categories?post=1136"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bullscreen.in\/news\/wp-json\/wp\/v2\/tags?post=1136"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}