Anand Rathi Wealth reported a strong Q1 FY27, with AUM up 21% YoY to INR 1,06,300 Cr, driven by INR 2,743 Cr net flows.

Profit After Tax (PAT), excluding fair value gains, climbed 24% YoY to INR 116 Cr on an 18% revenue increase to INR 336 Cr, pushing PAT margin to 34.4%. Management highlighted this as their 19th consecutive quarter of consistent performance, supported by low client attrition (0.09%) and zero RM attrition.

The company is pursuing an AMC license to strengthen its long-term capabilities, though it's not expanding into investment banking or the Liberalised Remittance Scheme (LRS) currently, favoring focused growth.

They see a positive impact from the RBI's bank guarantee circular, expecting reduced market volatility.

Anand Rathi aims for 20-25% annual AUM growth, targeting a 4% market share in equity mutual funds over the long term.

Management expressed confidence in achieving their full-year guidance, stressing their resilient, client-centric business model.