Anand Rathi Aims for Balanced Growth, Strong Profits by FY27

• Anand Rathi Share & Stock Brokers targets sustained strong growth into FY26 and FY27, driven by increased client activity and AUM expansion.
• The company reported a 73% profit after tax (PAT) growth in Q3FY26, reaching ₹37 crore on a topline of ₹248 crore.
• Strategy focuses on broadening client base, deepening engagement in equity and investment products, and rebalancing revenue towards predictable, annuity-style income.
• Non-broking business, including distribution and margin trading facility (MTF), is projected to grow 35-40%, aiming for a 50-50 broking/non-broking mix by March 2027.
• AUM target is ₹9,500-₹10,000 crore by March 2026, and MTF book aims for ₹1,500 crore by March 2026, with PAT expected to reach ₹180-₹190 crore by FY27.

Why It Matters: Anand Rathi is strategically rebalancing its revenue mix and expanding non-broking segments for sustained profit growth.