5445302026-01-012026-03-315445302026-03-315445302025-03-315445302025-04-012026-03-315445302026-01-012026-03-31in-capmkt:OtherExpenses1Member5445302026-01-012026-03-31in-capmkt:OtherExpenses2Member5445302026-01-012026-03-31in-capmkt:OtherExpenses3Member5445302025-04-012026-03-31in-capmkt:OtherExpenses1Member5445302025-04-012026-03-31in-capmkt:OtherExpenses2Member5445302025-04-012026-03-31in-capmkt:OtherExpenses3Member5445302026-03-31OtherCurrentFinancialAssetsDomain15445302026-03-31OtherCurrentFinancialAssetsDomain25445302026-03-31OtherCurrentFinancialAssetsDomain35445302026-03-31OtherCurrentFinancialAssetsDomain45445302026-03-31OtherCurrentFinancialAssetsDomain55445302026-03-31OtherCurrentFinancialAssetsDomain65445302026-03-31OtherCurrentAssetsDomain15445302026-03-31OtherCurrentAssetsDomain25445302026-03-31OtherCurrentAssetsDomain35445302026-03-31OtherNoncurrentFinancialLiabilitiesDomain15445302026-03-31OtherNoncurrentFinancialLiabilitiesDomain25445302026-03-31OtherNoncurrentLiabilitiesDomain15445302026-03-31OtherCurrentFinancialLiabilitiesDomain15445302026-03-31OtherCurrentLiabilitiesDomain15445302026-01-012026-03-31ItemsThatWillNotBeReclassifiedToProfitAndLoss15445302025-04-012026-03-31ItemsThatWillNotBeReclassifiedToProfitAndLoss15445302026-01-012026-03-31ItemsThatWillBeReclassifiedToProfitAndLoss15445302025-04-012026-03-31ItemsThatWillBeReclassifiedToProfitAndLoss15445302026-01-012026-03-31AuditorDomain1iso4217:INRxbrli:pureiso4217:INRxbrli:shares544530ARSSBLNOTLISTEDINE549H01021Anand Rathi Share and Stock Brokers LimitedMain BoardEquity2025-04-012026-03-312026-04-142026-04-09INRMillionsQuarterlyFourth quarterSingle segmentBroking and related services2026-04-1411:30:002026-04-1414:30:00trueCash Flow IndirectDeclaration of unmodified opinion2026-01-012026-03-31AuditedConsolidated2556500000307000025595700000007950300005013200006722000065815000020217200005378500000537850000122630000-33000012230000004155500000000415550000-13470000402080000402080000031363000057.757.52007.757.520.622.012.091. These audited consolidated financial results have been prepared in accordance with the Indian Accounting Standard (referred to as "Ind AS") 34 Interim Financial Reporting prescribed under Section 133 of the Companies Act, 2013 read with Companies (Indian Accounting Standards) Rules, 2015 as amended from time to time. These audited consolidated financial results of Anand Rathi Share and Stock Brokers Limited ('Company') for the year ended March 31, 2026 have been reviewed by the Audit Committee and approved by the Board of Directors at their respective meetings held on April 14, 2026. The statutory auditors of the Company have carried out audit of the above audited standalone financial results of the Company for the year ended March 31, 2026 and have issued an unmodified conclusion. <BR> <BR> 2. Pursuant to the IPO the Company has utilized proceeds as follows (Rs. in millions). Funding long term working capital 5500.00 utilized 5500.00. General corporate purposes 1535.00 utilized 1539.35. Net issue proceeds 7035.00 utilized 7039.35. Issue expenses 415.00 utilized 410.65. Gross issue proceeds 7450.00 utilized 7450.00. The unutilized issue expenses have been reallocated to general corporate purposes. <BR> Note: Pursuant to the Prospectus dated September 25, 2025 filed by the Company, an estimated amount of Rs 415 million was earmarked towards issue-related expenses. However, as of the quarter ended March 31, 2026, the actual issue-related expenses incurred amounted to Rs 410.65 million. Accordingly, the unutilized balance has been reallocated to General Corporate Purposes (GCP). <BR> <BR> 3. Pursuant to the provisions of Regulation 52(4) of the SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015 (“Listing Regulations") and SEBI Master Circular bearing reference no. SEBI/HO/DDHS/DDHS-PoD-1/P/CIR/2025/0000000103 dated July 11, 2025 to the extent applicable to the Commercial Papers (as amended from time to time), information as required for the year ended March 31, 2026 in respect of Commercial Papers of the Company is enclosed as Annexure A. <BR> <BR> 4. Anand Rathi Share and Stock Brokers Limited's short-term rating reaffirmed at A1+ from CARE on April 08, 2026, and is also assigned A1 by Crisil Ratings on December 11, 2025. <BR> <BR> 5. The figures for quarter ended 31 March 2026 are balancing figures between the audited figures of the full financial year and the reviewed and published year-to-date figures upto third quarter of the financial year. <BR> <BR> 6. The audited consolidated financial results of Anand Rathi Share and Stock Brokers Limited are also available on the Company's website, www.anandrathi.com and on the stock exchange website www.nseindia.com and www.bseindia.com. <BR> <BR> 7. The Board of Directors in their meeting held on April 14, 2026 have proposed dividend of Rs. 5 per equity share for the year ended March 31 2026, subject to the approval of the shareholders at the ensuing Annual General Meeting. <BR> <BR> 8. The Government of India has codified 29 existing labour legislations into a unified framework comprising four labour Codes, viz. Code on Wages 2019, Codes on Social Security 2020, Industrial Relations Code 2020, and Occupational Safety, Health and Working conditions Code 2020 (Collectively referred to as the New Labour Codes). These Codes have been made effective from November 2025. Based on management's assessment and actuarial valuation, there is no material incremental impact on arising from the implementation of the New Labour Codes. <BR> <BR> 9. In and around January 2026, a Pune, Maharashtra-based one of the DP client of the Company (“the Client”) raised a concern regarding a fraudulent off-market transfer of shares from his Demat account.  During an internal inquiry by the Company, it transpired that the incident occurred approximately 11 months ago. The Company has registered an FIR with the Economic Offences Wing, Maharashtra Police, Pune, and the matter is still under investigation. There has been no systemic breakdown of controls or non-compliance/negligence on the Company’s part. Given the fact that the matter is under investigation and pending outcome of the same, the Company has created a contingent liability of Rs. 130 million. <BR> <BR> 10. The Company operates only in one Business Segment i.e. "Broking and related services', hence it does not have any reportable Segments defined as per Ind-AS 108 "Operating Segments". <BR> <BR> 11. Earnings per equity share ('EPS') reported in these audited financial results for the quarter ended March 31, 2026, March 31, 2025 and December 31, 2025 are unannualised. <BR> <BR> 12. The previous period/year figures have been regrouped/reclassified wherever necessary to conform to current periods/years presentation.2025-04-012026-03-31AuditedConsolidated9321570000221700009343740000000303296000018409100002613800002492760000762801000017157300000171573000042063000023800004230100000129272000000001292720000-687000012858500001285850000031363000051316766000024.123.40024.123.40.621.31.95Better earnings by the Company as compared to finance cost.Better earnings by the Company as compared to finance cost.Fees and commission expense235910000Impairment on financial instruments7060000Other Expenses415180000Fees and commission expense985470000Impairment on financial instruments6510000Other Expenses150078000066617000001097500000007759200000327770000313584000079029000034689950000110193100002003662000069999780000420900001756100007021748000070993400000313630000131676600001348129000013481290000105053000024152000012920500000166800009297000014017000007259520000112500004782073000047831980000055091500000169880000849030000561104100005751211000070993400000The amount of Property, Plant and Equipment includes the amount of Right of Use AssetsRent, electricity and other deposits229640000Accrued Income278130000Accrued Interest on FD711750000Deposits with Exchange18777550000Receivables from Exchange27140000Margin Money With PCM12410000Prepaid Expenses89370000Advance to Suppliers32650000Advance to Staff53590000Lease Liabilities241140000Other Payable380000Deposits92970000Other current financial liabilities0Statutory Dues169880000The Company operates only in one Business Segment i.e. Broking and related services, hence it does not have any reportable Segments defined as per Ind-AS 108 Operating Segments.17309100000-7763200000-2558000000-18803400000029582000000029490000714000026138000065100009923000000-1054100000019250200006137000021300000002259000001016702000011882750000000466870000-41641700007251710000000000004960000170130000000298700000000000000000017251200000-12993320000-114632400000074518000000000-31619000004294100000017309100000-35529000046200000004084700000408470000376840000785310000Remeasurement of Defined Benefit Plan-21360000-21360000Remeasurement of Defined Benefit Plan-15790000-15790000-5350000-3940000Exchange difference on translation from functional currency to presentation currency25400002540000Exchange difference on translation from functional currency to presentation currency4980000498000000-13470000-6870000AuditedtrueR. Kabra & Co. LLPtrue2026-03-31