Anand Rathi Share & Stock Brokers' Q4 net profit more than doubles to ₹41 crore

Shares of Anand Rathi Share & Stock Brokers Ltd surged almost 10% on Wednesday after the company posted strong Q4FY26 results on Tuesday evening. The company’s shares have jumped 50% from the recent 52-week low levels touched on March 30, 2026.

In the Q4FY26, the company’s revenue jumped 28.1% YoY to ₹255.6 crore vs ₹199.6 crore in the same period last year. The sharp rise in the revenue from operations was largely contributed to by the increasing share of the non-broking segment. In Q4FY26, the company’s broking segment revenue stood at 47% of the total revenue, down from 53% in the year-ago period, and the non-broking segment revenue contribution jumped from 28% to 31%.

Additionally, the total number of active clients in the broking segment jumped from 73,760 to 85,640 in Q4FY26, which led to a notable increase in assets under custody at ₹94,415.5 crore. The asset under distribution also jumped 20.6% YoY to ₹7,786 crore

At the operating level, the company’s EBITDA for the quarter jumped 51% YoY to ₹110 crore, and the EBITDA margin jumped over 650 bps to 43.2%. Lastly, the net profit for the quarter jumped 125% YoY to ₹41.5 crore, led by robust performance across the board.

The key highlight from the Q4 and FY26 results is a sharp increase in the MTF segment, which grew by 60.7% YoY. The number of MTF clients jumped from 7,162 to 7,945 in Q4FY26, and the interest income on the MTF book increased 32% YoY to ₹151.1 crore as compared to ₹114.3 crore.

FY26 results

Along with robust quarterly performance, the company also posted a steady jump in FY26 revenue at ₹932.6 crore, up by 10% YoY. The EBITDA for the full year jumped 21.9% YoY to ₹379.5 crore, and EBITDA margin expanded by nearly 400 bps to 40.7%.