Integrated Filing — IndAS



General information about company

Scrip Code 543415
NSE Symbol ANANDRATHI
MSEI Symbol NA
ISIN INE463V01026
Name of company Anand Rathi Wealth Limited
Type of company Main Board
Class of security Equity
Date of start of financial year 01-04-2025
Date of end of financial year 31-03-2026
Date of board meeting when results were approved 13-10-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 30-09-2025
Description of presentation currency INR
Level of rounding used in financial results Lakhs
Reporting Type Quarterly
Reporting Quarter Second quarter
Nature of report standalone or consolidated Consolidated
Whether results are audited or unaudited for the quarter ended Unaudited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Unaudited
Segment Reporting Single segment
Description of single segment Sale and Distribution of Financial Products
Start date and time of board meeting 13-10-2025   15:15:00
End date and time of board meeting 13-10-2025   15:53:00
Whether cash flow statement is applicable on company Yes
Type of cash flow statement Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification Not applicable



Financial Results Ind-AS

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-07-2025 01-04-2025
B Date of end of reporting period 30-09-2025 30-09-2025
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Consolidated Consolidated
1 Income
Revenue from operations 29,736.64 57,138.29
Other income 981.39 2,005.80
Total income 30,718.03 59,144.09
2 Expenses
(a) Cost of materials consumed 0.00 0.00
(b) Purchases of stock-in-trade 0.00 0.00
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade 0.00 0.00
(d) Employee benefit expense 12,492.18 23,973.44
(e) Finance costs 483.32 882.58
(f) Depreciation, depletion and amortisation expense 830.36 1,597.92
(f) Other Expenses
1 Other Expenses 3,497.16 6,639.74
Total other expenses 3,497.16 6,639.74
Total expenses 17,303.02 33,093.68
3 Total profit before exceptional items and tax 13,415.01 26,050.41
4 Exceptional items 0.00 0.00
5 Total profit before tax 13,415.01 26,050.41
6 Tax expense
7 Current tax 3,509.57 6,661.35
8 Deferred tax (84.16) 8.45
9 Total tax expenses 3,425.41 6,669.80
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0.00 0.00
11 Net Profit Loss for the period from continuing operations 9,989.60 19,380.61
12 Profit (loss) from discontinued operations before tax 0.00 0.00
13 Tax expense of discontinued operations 0.00 0.00
14 Net profit (loss) from discontinued operation after tax 0.00 0.00
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 0.00 0.00
16 Total profit (loss) for period 9,989.60 19,380.61
17 Other comprehensive income net of taxes (91.96) (32.35)
18 Total Comprehensive Income for the period 9,897.64 19,348.26
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent 9,935.07 19,297.42
Total profit or loss, attributable to non-controlling interests 54.53 83.19
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent (91.86) 19,264.96
Total comprehensive income for the period attributable to owners of parent non-controlling interests (0.10) 83.30
21 Details of equity share capital
Paid-up equity share capital 4,151.03 4,151.03
Face value of equity share capital 5 5
27 Details of debt securities
22 Reserves excluding revaluation reserve
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 12.03 23.34
Diluted earnings (loss) per share from continuing operations 12.03 23.34
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0 0
Diluted earnings (loss) per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 12.03 23.34
Diluted earnings (loss) per share from continuing and discontinued operations 12.03 23.34
24 Debt equity ratio
25 Debt service coverage ratio
26 Interest service coverage ratio
27 Disclosure of notes on financial results Textual Information(1)



Disclosure of notes on financial results

Textual Information(1) 3. The above unaudited consolidated financial results for the period ended September 30, 2025 of Anand Rathi Wealth Limited (the Holding Company or the Company) and its subsidiaries (the Holding Company and its subsidiaries together referred to as the Group) have been reviewed by the Audit Committee and approved by the Board of Directors of the Company at its meeting held on October 13, 2025, in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Statutory Auditor of the Company has carried out limited review of the aforesaid results. 4. The unaudited consolidated financial results of the Group include unaudited results of the subsidiaries – AR Digital Wealth Private Limited (ARDWPL) (75.51%), Freedom Wealth Solutions Private Limited (FWSPL) (95%) and Ffreedom Intermediary Infrastructure Private Limited (FIINFRA) (100%). The consolidated financial results include the unaudited financial results of one wholly-owned subsidiary Anand Rathi Wealth UK Limited, whose Financial Results reflect of Rs. Nil as at 30 September 2025. 5. These unaudited consolidated financial results have been prepared in accordance with the recognition and measurement principals laid down in Indian Accounting Standards 34 — Interim Financial Reporting (Ind AS 34) prescribed under section 133 of the Companies Act, 2013 read with relevant rules issued thereunder and other accounting principal generally accepted in India and in accordance with the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, as amended. 6. The Group operates only in one business segment i.e. sale and distribution of financial products within India, hence does not have any reportable segment as per Indian Accounting Standard 108 “operating segments 7. Pursuant to the Board of Director's meeting held on January 13, 2025, the Company incorporated a wholly-owned subsidiary named “Anand Rathi Wealth UK Limited” in the United Kingdom on February 03, 2025. As of September 30, 2025, no investment has been made into the subsidiary, and its operations are yet to commence. Consequently, there is no material impact on the Company’s financials for the current period. 8. The Board of Directors, at its meeting held on January 13, 2025, approved and recommended the issuance of fully-paid bonus equity shares in the ratio of 1:1, i.e. one new equity share of Rs. 5/- each for every one existing equity share. The shareholders approved this bonus issue via postal ballot on February 16, 2025. Pursuant to the authority granted, the Bonus Allotment Committee, in its meeting held on March 06, 2025, issued and allotted 4,15,10,317 bonus equity shares of Rs. 5 /-each, increasing the total number of equity shares from 4,15,10,317 to 8,30,20,634. Accordingly, the Earnings Per Share for the quarter and period ended September 30, 2024 have been duly adjusted to this effect as required by Ind AS 33, Earnings Per Share. 9. The Board of Directors at its meeting held on October 13, 2025, has declared an interim dividend of Rs. 6/- per equity share (Face value of Rs. 5). The total interim dividend amounts to Rs. 4981.24 Lakhs. 10. Financial results of Anand Rathi Wealth Limited (Standalone) Particulars Quarter Ended Half Year Ended Year Ended 30.09.2025 30.06.2025 30.09.2024 30.09.2025 30.09.2024 31.03.2025 (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Audited) Revenue from 28,607.51 26,473.84 23,411.37 55,081.35 46,347.61 90,506.99 Operations Profit Before 13,049.31 12,410.43 10,051.15 25,459.74 19,788.50 39,752.75 Tax Net Profit 9,716.15 9,222.63 7,505.64 18,938.78 14,729.11 29,542.19 after Tax 11. The figures for the corresponding previous periods have been regrouped / reclassified wherever necessary, to make them comparable. 12. The above Results of the Company are available on the Company`s website www.anandrathiwealth.in and also on the website of BSE i.e www.bseindia.com and NSE i.e. www.nseindia.com, where the shares of the Company are listed.



Remarks

Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Statement of Asset and Liabilities

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
Date of start of reporting period 01-04-2025
Date of end of reporting period 30-09-2025
Whether results are audited or unaudited Unaudited
Nature of report standalone or consolidated Consolidated
Assets
1 Non-current assets
Property, plant and equipment 17,707.11
Capital work-in-progress
Investment property
Goodwill 248.65
Other intangible assets 1,023.03
Intangible assets under development
Biological assets other than bearer plants
Investments accounted for using equity method
Non-current financial assets
Non-current investments 22,553.98
Trade receivables, non-current 0.00
Loans, non-current 0.00
Other non-current financial assets 815.23
Total non-current financial assets 23,369.21
Deferred tax assets (net) 0.00
Other non-current assets 0.00
Total non-current assets 42,348.00
2 Current assets
Inventories 0.00
Current financial asset
Current investments 132.93
Trade receivables, current 4,110.53
Cash and cash equivalents 9,219.07
Bank balance other than cash and cash equivalents 0.00
Loans, current 0.00
Other current financial assets 54,793.56
Total current financial assets 68,256.09
Current tax assets (net) 66.51
Other current assets 1,300.38
Total current assets 69,622.98
3 Non-current assets classified as held for sale
4 Regulatory deferral account debit balances and related deferred tax Assets
Total assets 1,11,970.98
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 4,151.03
Other equity 76,700.00
Total equity attributable to owners of parent 80,851.03
Non controlling interest 1,448.91
Total equity 82,299.94
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 1,563.41
Trade payables, non-current
(A) Total outstanding dues of micro enterprises and small enterprises 0.00
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 0.00
Total Trade payable 0.00
Other non-current financial liabilities
Total non-current financial liabilities 1,563.41
Provisions, non-current 615.99
Deferred tax liabilities (net) 604.73
Deferred government grants, Non-current
Other non-current liabilities 4,819.48
Total non-current liabilities 7,603.61
Current liabilities
Current financial liabilities
Borrowings, current 393.49
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 0.00
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 24.78
Total Trade payable 24.78
Other current financial liabilities 7,438.16
Total current financial liabilities 7,856.43
Other current liabilities 2,110.38
Provisions, current 12,100.62
Current tax liabilities (Net)
Deferred government grants, Current
Total current liabilities 22,067.43
3 Liabilities directly associated with assets in disposal group classified as held for sale
4 Regulatory deferral account credit balances and related deferred tax liability
Total liabilities 29,671.04
Total equity and liabilites 1,11,970.98
Disclosure of notes on assets and liabilities



Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results

Amount in (Lakhs)

Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-07-2025 01-04-2025
Date of end of reporting period 30-09-2025 30-09-2025
Whether results are audited or unaudited Unaudited Unaudited
Nature of report standalone or consolidated Consolidated Consolidated
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
Total Segment Revenue
Less: Inter segment revenue
Revenue from operations
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
Total Profit before tax
i. Finance cost
ii. Other Unallocable Expenditure net off Unallocable income
Profit before tax
3 (Segment Asset - Segment Liabilities)
Segment Asset
Total Segment Asset
Un-allocable Assets null null
Net Segment Asset null null
4 Segment Liabilities
Segment Liabilities
Total Segment Liabilities
Un-allocable Liabilities null null
Net Segment Liabilities null null
Disclosure of notes on segments



Other Comprehensive Income

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-07-2025 01-04-2025
B Date of end of reporting period 30-09-2025 30-09-2025
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Consolidated Consolidated
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 Amount of items that will not be reclassified to profit and loss -11367000 -3237000
Total Amount of items that will not be reclassified to profit and loss (113.67) (32.37)
2 Income tax relating to items that will not be reclassified to profit or loss (28.61) (8.15)
3 Amount of items that will be reclassified to profit and loss
1 Amount of items that will be reclassified to profit and loss -923000 -1087000
Total Amount of items that will be reclassified to profit and loss (9.23) (10.87)
4 Income tax relating to items that will be reclassified to profit or loss (2.33) (2.74)
5 Total Other comprehensive income (91.96) (32.35)



Cash flow statement, indirect

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
A Date of start of reporting period 01-04-2025
B Date of end of reporting period 30-09-2025
C Whether results are audited or unaudited Unaudited
D Nature of report standalone or consolidated Consolidated
Statement of cash flows
Cash flows from used in operating activities
Profit before tax 26,050.41
Adjustments for reconcile profit (loss)
Adjustments for finance costs 882.58
Adjustments for decrease (increase) in inventories 0.00
Adjustments for decrease (increase) in trade receivables, current (565.85)
Adjustments for decrease (increase) in trade receivables, non-current 0.00
Adjustments for decrease (increase) in other current assets (456.70)
Adjustments for decrease (increase) in other non-current assets 0.00
Adjustments for other financial assets, non-current 0.00
Adjustments for other financial assets, current (9,377.77)
Adjustments for other bank balances 0.00
Adjustments for increase (decrease) in trade payables, current 18.08
Adjustments for increase (decrease) in trade payables, non-current 0.00
Adjustments for increase (decrease) in other current liabilities 591.75
Adjustments for increase (decrease) in other non-current liabilities 0.00
Adjustments for depreciation and amortisation expense 1,597.92
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0.00
Adjustments for provisions, current (5,776.46)
Adjustments for provisions, non-current 0.00
Adjustments for other financial liabilities, current 5,152.96
Adjustments for other financial liabilities, non-current 0.00
Adjustments for unrealised foreign exchange losses gains 0.00
Adjustments for dividend income 0.00
Adjustments for interest income 1,740.83
Adjustments for share-based payments 0.00
Adjustments for fair value losses (gains) (519.19)
Adjustments for undistributed profits of associates 0.00
Other adjustments for which cash effects are investing or financing cash flow 0.00
Other adjustments to reconcile profit (loss) 0.00
Other adjustments for non-cash items 1.99
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0.00
Total adjustments for reconcile profit (loss) (10,191.52)
Net cash flows from (used in) operations 15,858.89
Dividends received 0.00
Interest paid 0.00
Interest received 0.00
Income taxes paid (refund) 4,757.58
Other inflows (outflows) of cash 335.79
Net cash flows from (used in) operating activities 11,437.10
Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses 0.00
Cash flows used in obtaining control of subsidiaries or other businesses 0.00
Other cash receipts from sales of equity or debt instruments of other entities 0.00
Other cash payments to acquire equity or debt instruments of other entities 0.00
Other cash receipts from sales of interests in joint ventures 0.00
Other cash payments to acquire interests in joint ventures 0.00
Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships 0.00
Cash payment for investment in partnership firm or association of persons or limited liability partnerships 0.00
Proceeds from sales of property, plant and equipment 0.00
Purchase of property, plant and equipment 698.62
Proceeds from sales of investment property 0.00
Purchase of investment property 0.00
Proceeds from sales of intangible assets 0.00
Purchase of intangible assets 0.00
Proceeds from sales of intangible assets under development 0.00
Purchase of intangible assets under development 0.00
Proceeds from sales of goodwill 0.00
Purchase of goodwill 0.00
Proceeds from biological assets other than bearer plants 0.00
Purchase of biological assets other than bearer plants 0.00
Proceeds from government grants 0.00
Proceeds from sales of other long-term assets 0.00
Purchase of other long-term assets 0.00
Cash advances and loans made to other parties 0.00
Cash receipts from repayment of advances and loans made to other parties 0.00
Cash payments for future contracts, forward contracts, option contracts and swap contracts 0.00
Cash receipts from future contracts, forward contracts, option contracts and swap contracts 0.00
Dividends received 0.00
Interest received 1,253.23
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash 337.31
Net cash flows from (used in) investing activities 891.92
Cash flows from used in financing activities
Proceeds from changes in ownership interests in subsidiaries 0.00
Payments from changes in ownership interests in subsidiaries 0.00
Proceeds from issuing shares 0.00
Proceeds from issuing other equity instruments 0.00
Payments to acquire or redeem entity's shares 0.00
Payments of other equity instruments 0.00
Proceeds from exercise of stock options 0.00
Proceeds from issuing debentures notes bonds etc 0.00
Proceeds from borrowings 0.00
Repayments of borrowings 227.67
Payments of lease liabilities 878.88
Dividends paid 5,811.44
Interest paid 598.47
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) financing activities (7,516.46)
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes 4,812.56
Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents 0.00
Net increase (decrease) in cash and cash equivalents 4,812.56
Cash and cash equivalents cash flow statement at beginning of period 4,406.51
Cash and cash equivalents cash flow statement at end of period 9,219.07