Conference Call with Anand Rathi Wealth Management and Analysts on Q4FY25 and Full Year Performance and Outlook. Listen to the full earnings transcript.
Capital Markets company Anand Rathi Wealth announced FY25 & Q4FY25 results Q4FY25 Financial Highlights: Total Revenue: Rs 241.4 crore compared to Rs 197.2 crore during Q4FY24, change 22%. Profit Before Tax: Rs 99.5 crore compared to Rs 79.0 crore during Q4FY24, change 26%. Profit After Tax: Rs 73.7 crore compared to Rs 56.9 crore during Q4FY24, change 30%. EPS: Rs 8.9 for Q4FY25. FY25 Financial Highlights: Total Revenue: Rs 980.7 crore compared to Rs 752.0 crore during FY24, change 30%. Profit Before Tax: Rs 404.8 crore compared to Rs 305.6 crore during FY24, change 32%. Profit After Tax: Rs 300.8 crore compared to Rs 225.8 crore during FY24, change 33%. EPS: Rs 36.2 for FY25. AUM: Rs 77,103 crore compared to Rs 59,351 crore during FY24, change 30%. Business Highlights: Mutual Fund Distribution Revenue: Increased by 52% YoY to Rs 406 crore. Net Inflows: Recorded a YoY growth of 76% to Rs 12,617 crore. Equity Mutual Fund Net Inflows: Increased by 67% YoY to Rs 7,706 crore. Share of Equity Mutual Funds in AUM: Rose to 53% as of March 2025, compared to 51% in March 2024. Return on Equity (ROE): 44.6%. Final Dividend of Rs 7 per Equity Share. Private Wealth (PW) (Holding Company): Active client families grew by 18% YoY to 11,732 Relationship Managers (RMs) increased by 48 over the past twelve months, bringing the total to 380 Digital Wealth (DW) (Subsidiary Company): Total revenue surged by 19% YoY to Rs 29.2 crore. AUM increased by 17% YoY to Rs 1,812 crore Omni Financial Advisors (“OFA”) (Subsidiary Company): Total revenue grew by 14% YoY to Rs 7.7 crore. Technology platform subscriber base for Mutual Fund Distributors / Independent Financial Advisors (MFDs/IFAs) expanded to 6,447 (Previous Year: 5,994). Management commentary: “The FY25 was defined by resilience and opportunity, both globally and in India. In this evolving environment, we remain wellpositioned to lead—guided by our uncomplicated approach and unwavering commitment to our clients’ financial well-being. During FY25, our total revenue grew by 30% YoY to Rs 981 crore, while Profit After Tax (PAT) rose by 33% to Rs 301 crore. Our Assets Under Management (AUM) increased by 30%, reaching Rs 77,103 crore, compared to a 5% gain in the Nifty over the same period. We also welcomed 1,821 new client families, bringing our total to 11,732 families served. Over the year, we completed a Rs 165 crore buy-back (excluding transaction costs and taxes) and issued bonus shares in a 1:1 ratio. In line with our commitment to shareholder value, the Board has declared a final dividend of Rs 7 per equity share. Our performance has remained consistent and market-agnostic. A study of the top 1,000 companies by market capitalisation showed that only six companies have delivered over 20% YoY growth every quarter since our listing in December 2021—and we are one of them. Despite a challenging market environment, we recorded our highest-ever quarterly net inflows of Rs 3,472 crore, with full-year net inflows growing 76% YoY to Rs 12,617 crore. Our client-first approach continues to translate into outcomes that matter. In FY25, our client attrition rate—measured by AUM lost—stood at just 0.52%. For the second year in a row, regret RM attrition remained below 1%, reflecting the strength of our work culture and our ongoing focus on long-term team engagement.” Result PDF