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Anand Rathi Share and Stock Brokers Q2 FY26 results (Jul–Sep 2025) and concall

Financial Services · Concall AI · Call held 20 Oct 2025

Anand Rathi Share & Stock Brokers Limited reported strong sequential growth in Q2 FY26, driven by robust performance in MTF and Distribution segments, despite a challenging Q1 for the industry. The company's MTF book and Distribution Income showed significant year-on-year and quarter-on-quarter growth, contributing to improved profitability and a strengthened balance sheet. Management outlined strategic targets for revenue mix diversification and AUM growth, while focusing on deepening client relationships rather than aggressive market share acquisition.

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What they filed

₹ Cr · quarterly
Line itemQ3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue204 200 201 227
EBITDA77 73 75 93
Net profit22 18 23 28
How to read this

₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.

Inve summary of a publicly available earnings call transcript; see how call summaries are prepared. Not investment advice.