Anand Rathi Wealth Limited
Prices are adjusted according to historical splits.
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- Today's High:
- Open Price:
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- Market Cap.:
- ₹57.95 billion
- Book Value:
- Revenue TTM:
- ₹6.03 billion
- Operating Margin TTM:
- Gross Profit TTM:
- ₹3.98 billion
- Profit Margin:
- Return on Assets TTM:
- Return on Equity TTM:
Anand Rathi Wealth Limited had its IPO on under the ticker symbol ANANDRATHI.
The company operates in the Financial Services sector and Asset Management industry. Anand Rathi Wealth Limited has a staff strength of 834 employees.
Shares of Anand Rathi Wealth Limited opened at ₹1370.9 at the start of the last trading session i.e. 2023-09-13.
The stocks traded within a range of ₹1351 - ₹1386.15, and closed at ₹1367.7.
This is a -0.23% slip from the previous day's closing price.
A total volume of 79,674 shares were traded at the close of the day’s session.
In the last one week, shares of Anand Rathi Wealth Limited have slipped by -2.32%.
Anand Rathi Wealth Limited's Key Ratios
Anand Rathi Wealth Limited has a market cap of ₹57.95 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 Limited’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 Limited's overall financial performance and is widely used to measure its profitability.
In the trailing 12-month period, Anand Rathi Wealth Limited’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 Limited’s quarterly earnings growth was a positive 33.8% while revenue growth was a positive 33.6%.
Anand Rathi Wealth Limited’s PE and PEG Ratio
- Forward PE
- Trailing PE
Its diluted EPS in the last 12-months stands at ₹43.45 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 Limited’s profitability.
Anand Rathi Wealth Limited 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 Limited stock pays annual dividends of ₹0 per share, indicating a yield of 0% 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
- Capital Expenditure
- Dividend Payout Ratio
Anand Rathi Wealth Limited ended 2023 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 Limited ended 2023 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 Limited’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 2023, Anand Rathi Wealth Limited's operating cash flow was ₹0 while its capital expenditure stood at ₹0.
Comparatively, Anand Rathi Wealth Limited paid ₹0.28 in dividends in 2023.
Other key metrics
- Current Trading Price
- 52-Week High
- 52-Week Low
- Analyst Target Price
Anand Rathi Wealth Limited stock is currently trading at ₹1367.7 per share. It touched a 52-week high of ₹1532.8 and a 52-week low of ₹1532.8. 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.
Frequently Asked Questions About Anand Rathi Wealth Limited
Similar Industry Stocks (Asset Management)
Anand Rathi Wealth Limited engages in the distribution and sale of mutual funds and financial products in India. The company distributes equity and debt mutual funds, non-principal protected structured products, and other financial products. It also operates a technology platform for independent financial advisors, which include client reporting, business dashboard, client engagement, online mutual fund transactions, and goal planning products. The company was formerly known as Anand Rathi Wealth Services Limited and changed its name to Anand Rathi Wealth Limited in January 2021. Anand Rathi Wealth Limited was incorporated in 1995 and is based in Mumbai, India.