{"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

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

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

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

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

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

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

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

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

<\/i><\/span>Financial Analysis Q4 results 2026 <\/h2>
<\/div><\/div>\n\n\n\n
Category<\/th>Key Metric \/ Insight<\/th>FY26 Performance<\/th><\/tr><\/thead>
Revenue Mix<\/td>Broking Contribution<\/td>51% of total revenue<\/td><\/tr>
<\/td>Non-Broking Contribution (MTF + Distribution)<\/td>28% (up from 23% in FY25)<\/td><\/tr>
Finance Costs<\/td>Total Finance Cost<\/td>\u20b91,841 Mn (\u2191 25% YoY)<\/td><\/tr>
<\/td>Reason<\/td>Growth in MTF book<\/td><\/tr>
Employee Expenses<\/td>Employee Benefits Cost<\/td>\u20b93,033 Mn (\u2191 11% YoY)<\/td><\/tr>
Profitability<\/td>Profit Before Tax (PBT)<\/td>\u2191 22% YoY<\/td><\/tr>
<\/td>Efficiency<\/td>Improved operational efficiency<\/td><\/tr>
Balance Sheet<\/td>Total Assets<\/td>\u20b970,993 Mn (more than doubled YoY)<\/td><\/tr>
<\/td>Debt-Equity Ratio<\/td>Improved to 0.62 (from 1.80)<\/td><\/tr>
<\/td>Total Equity<\/td>\u20b913,481 Mn (significant increase)<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

Source: https:\/\/www.bseindia.com\/xml-data\/corpfiling\/AttachLive\/520a02df-27bd-4fc6-8f59-a184e33ccf33.pdf<\/a><\/em><\/p>\n\n\n\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

Anand Rathi Share and Stock Brokers Limited reported a robust performance in its Q4 results…<\/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":[],"_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}]}}