Finance - Others
|Market Cap||2,919 Cr||EPS||35.5||High||708|
|Stock P/E||19.7||Net Profit Margin||30.2||Low||699|
Anand Rathi Weal Price chart
|Market Cap||2,919 Cr||ROE||44.1%|
|P/B Ratio||6.7||Dividend Yield||1.6%|
|Industry P/E||21.5||Book Value||105.0|
About the Company
Anand Rathi Wealth is one of the leading non-bank wealth solutions firms in India. The company serves a wide spectrum of clients through a mix of wealth solutions, financial product distribution and technology solutions. It provides services primarily through its flagship Private Wealth (PW) vertical.
The company: (a) acts as a mutual fund distributor, registered with the Association of Mutual Funds in India. It distributes mutual fund schemes managed by asset management companies and earns distribution commissions on a trail basis from asset management companies; (b) purchases non-convertible market linked debentures (MLDs) and offers them to its clients and earns income from these sales. Therefore, the AUM of the Company comprises mutual fund schemes and other financial products such as bonds, MLDs and other securities held by clients in their own demat accounts. Further, the company does not include demat holdings of the clients in the AUM unless the client has also used the distribution service of ARWL or have bought MLDs through ARWL. As per the industry practice, all such assets kept in the demat account of the clients belong to the respective clients and indicate the value of their assets. Such assets are shown as the AUM of the Company. All decisions regarding purchase and sale of mutual funds and other securities are taken by the clients. The Company is not engaged in any portfolio management of its clients.
Business area of the company
Anand Rathi Wealth, registered AMFI as a Mutual Fund Distributor, has, since 2002, been in the business of Private Wealth, catering to high and ultra-high net worth individuals (HNIs & UHNIs).
Certifications, Awards and Accreditations
Major events and milestones
|Parent Organisation||Anand Rathi Wealth Ltd.||Managing Director|
All values are in Rs Cr
|Company||52 Week||Market Price||P/E Ratio|
Frequently asked questions