Anand Rathi Wealth Ltd

Company Profile

Anand Rathi Wealth Ltd had its IPO on under the ticker symbol ANANDRATHI.

The company operates in the Financial Services sector and Asset Management industry. Anand Rathi Wealth Ltd has a staff strength of 834 employees.

Stock update

Shares of Anand Rathi Wealth Ltd opened at ₹1370.9 at the start of the last trading session i.e. 2023-09-13.

The stocks traded within a range of ₹1350.45 - ₹1385, and closed at ₹1365.5.

This is a -0.35% slip from the previous day's closing price.

A total volume of 5,230 shares were traded at the close of the day’s session.

In the last one week, shares of Anand Rathi Wealth Ltd have slipped by -2.4%.

Anand Rathi Wealth Ltd's Key Ratios

Anand Rathi Wealth Ltd has a market cap of ₹58.13 billion, indicating a price to book ratio of 0 and a price to sales ratio of 0.

In the last 12-months Anand Rathi Wealth Ltd’s revenue was ₹6.03 billion with a gross profit of ₹3.98 billion and an EBITDA of ₹2.56 billion. The EBITDA ratio measures Anand Rathi Wealth Ltd's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Anand Rathi Wealth Ltd’s operating margin was 41.49% while its return on assets stood at 26.24% with a return of equity of 40.28%.

In Q2, Anand Rathi Wealth Ltd’s quarterly earnings growth was a positive 33.8% while revenue growth was a positive 33.6%.

Anand Rathi Wealth Ltd’s PE and PEG Ratio

Forward PE

0

Trailing PE

31.7671

PEG

Its diluted EPS in the last 12-months stands at ₹43.97 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Anand Rathi Wealth Ltd’s profitability.

Anand Rathi Wealth Ltd stock is trading at a EV to sales ratio of 0 and a EV to EBITDA ratio of 0. Its price to sales ratio in the trailing 12-months stood at 0.

Anand Rathi Wealth Ltd stock pays annual dividends of ₹0 per share, indicating a yield of 0.84% and a payout ratio of 27.55%.

Balance sheet and cash flow metrics

Total Assets

₹6.24 billion

Total Liabilities

₹1.17 billion

Operating Cash Flow

₹0

Capital Expenditure

₹0

Dividend Payout Ratio

27.55%

Anand Rathi Wealth Ltd ended 2024 with ₹6.24 billion in total assets and ₹0 in total liabilities. Its intangible assets were valued at ₹6.24 billion while shareholder equity stood at ₹4.68 billion.

Anand Rathi Wealth Ltd ended 2024 with ₹0 in deferred long-term liabilities, ₹1.17 billion in other current liabilities, in common stock, ₹4.19 billion in retained earnings and ₹29.01 million in goodwill. Its cash balance stood at ₹601.65 million and cash and short-term investments were ₹0. The company’s total short-term debt was ₹0 while long-term debt stood at ₹84.85 million.

Anand Rathi Wealth Ltd’s total current assets stands at ₹3.48 billion while long-term investments were ₹0 and short-term investments were ₹2.59 billion. Its net receivables were ₹171.28 million compared to accounts payable of ₹3.15 million and inventory worth ₹0.

In 2024, Anand Rathi Wealth Ltd's operating cash flow was ₹0 while its capital expenditure stood at ₹0.

Comparatively, Anand Rathi Wealth Ltd paid ₹0.28 in dividends in 2024.

Other key metrics

Current Trading Price

₹1365.5

52-Week High

₹1493

52-Week Low

₹630.1417

Analyst Target Price

₹

Anand Rathi Wealth Ltd stock is currently trading at ₹1365.5 per share. It touched a 52-week high of ₹1493 and a 52-week low of ₹1493. Analysts tracking the stock have a 12-month average target price of ₹.

Its 50-day moving average was ₹1226.8 and 200-day moving average was ₹902.3 The short ratio stood at 0 indicating a short percent outstanding of 0%.

Around 4252% of the company’s stock are held by insiders while 2903.2% are held by institutions.