Anand Rathi Share and Stock Brokers Limited
NSE: ARSSBLStockbroking & Allied
Share price
₹539.60
+0.38% close of 9 Oct 2026
Price-based ratios (P/B, dividend yield, EV/EBITDA) are as of 7 Oct 2026, the close above is 9 Oct 2026.
Business score
How strong the business is, in one number. The parts behind it are in Pro.
60
out of 100 · worked out 8 Oct 2026
Your ratios
The numbers you want to see first. Tap Edit to change them.
Market cap
₹3,346 Cr
P/E ratio
22.9
P/B ratio
2.5
ROCE
19.7%
ROE
13.9%
Dividend yield
0.9%
Price & valuation chart
How the share price and its valuation have moved. Hover over the chart to see any day. Prices as of the last close.
Answers
Simple answers to the questions investors ask most, from the company's own numbers.
How fast it has been growing
Fewer than three years of filings — too early to judge growth.
Whether it grew faster than its sector
It grew 13.4% a year against a sector median of 16.0% — 2.6 percentage points slower.
Room to re-rate, or risk of de-rating
Too little price history yet to compare it with its own past.
Whether growth justifies the valuation
Priced at 0.4 times its growth rate, on earnings growth of 51%.
| Profit growth | Price per ₹1 profit | Per 1% growth | |
|---|---|---|---|
| Anand Rathi Share and Stock Brokers Limited — this one | 51%/yr | 22.9× | ₹0.45 |
| Billionbrains Garage Ventures Limited | 66%/yr | 49.2× | ₹0.75 |
| Motilal Oswal Financial Services Limited | 26%/yr | 31.1× | ₹1.2 |
| 360 ONE WAM LIMITED | 23%/yr | 34.0× | ₹1.5 |
| Nuvama Wealth Management Limited | 51%/yr | 29.3× | ₹0.58 |
| Angel One Limited | 1%/yr | 25.7× | ₹25.7 |
Compared with companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.
How it compares with its peers
Against companies the exchange files under the same label (Stockbroking & Allied), it ranks 7 of 31 on returns, 18 of 31 on growth, 11 of 31 on margin. That grouping comes from the exchange's filing category, so some of them may not be real rivals.
What makes it hard to beat — and is that still true?
A narrow advantage: it earns 19.7% on capital, ahead of 77% of companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.
Whether its growth pays for itself
Yes — Over the 4 years of cash statements on file it made ₹1619 crore of cash from the business and spent ₹113 crore on plant and equipment, with ₹1506 crore to spare; it still raised ₹877 crore from lenders and shareholders.
Profit reality check
Is the profit real cash? Simple checks on the accounts. Facts only, not advice.
Not enough filed accounts to run these checks yet.
Latest result
What the last results showed. Whether management kept its word is in Pro.
Results are expected soon.
Checklist before you investPRO
Points for and against, in one list.
Key numbers & peers
The main numbers grouped by topic, and how the company compares with similar ones.
Price
- Market cap
- ₹3,346 Cr
- Prev close
- ₹539.60
- 52w High
- ₹795
- 52w Low
- ₹416
- Enterprise value
- ₹605 Cr
- Beta
- 1.5
- Price CAGR 1y
- 28.0%
- Price CAGR 3y
- —
- Price CAGR 5y
- —
- Price CAGR 10y
- —
Ratios
- Return on assets
- 1.8%
- PEG ratio
- 0.5
- P/E ratio
- 22.9
- P/B ratio
- 2.5
- EV / EBITDA
- 1.5
- Industry P/E
- 22.0
- ROCE
- 19.7%
- ROCE 5y average
- 20.7%
- ROE
- 13.9%
- Debt / Equity
- 0.6
- Interest coverage
- 1.9
- Dividend yield
- 0.9%
- ROE 3y average
- 18.0%
- ROE last year
- 14.0%
Annual P&L
- Annual revenue
- ₹932 Cr
- Annual profit
- ₹129 Cr
- Operating margin
- 41.0%
- Net profit margin
- 13.8%
- EBITDA margin
- 40.8%
- Sales growth 3y
- 25.8%
- Sales growth 5y
- —
- Profit growth 3y
- 51.0%
- Profit growth 5y
- —
- EPS
- ₹20.6
- Sales growth TTM
- 17.0%
- Profit growth TTM
- 52.0%
- Dividend payout
- 24.0%
Quarter P&L
- Sales latest quarter
- ₹246 Cr
- Profit latest quarter
- ₹23 Cr
- YoY quarterly sales growth
- 22.4%
- YoY quarterly profit growth
- 0.0%
- OPM latest quarter
- 39.5%
Balance Sheet
- Book Value
- ₹217
- Face Value
- ₹5.0
- Total debt
- ₹840 Cr
- Total cash
- ₹3,548 Cr
- Borrowings
- ₹840 Cr
- Reserves / Equity
- 42.5
Cash Flow
- Operating cash flow
- ₹725 Cr
- Free cash flow
- ₹706 Cr
- FCF yield
- 15.6%
- Net cash flow
- ₹41 Cr
Shareholding
- Promoter holding
- 69.6%
- FII holding
- 0.1%
- DII holding
- 4.1%
- Public holding
- 26.2%
Peer comparison
| Company | Price ₹ | P/E | Mkt cap ₹ Cr | Div yield % | Profit qtr ₹ Cr | Profit var % | Sales qtr ₹ Cr | Sales var % | ROCE % |
|---|---|---|---|---|---|---|---|---|---|
| Billionbrains | 197.75 | 50.9 | 1,24,086 | 0.00 | 735.0 | 94.3 | 1,501.4 | 66.0 | 37.3 |
| Motil.Oswal.Fin. | 1,067.90 | 32.7 | 64,754 | 0.56 | 1,273.7 | 9.6 | 3,425.8 | 25.2 | 12.7 |
| 360 ONE | 1,063.00 | 34.3 | 43,341 | 1.13 | 330.5 | 16.1 | 1,226.1 | 34.5 | 12.1 |
| Nuvama Wealth | 1,825.90 | 31.1 | 33,684 | 1.52 | 305.6 | 15.8 | 1,376.2 | 22.6 | 17.5 |
| Angel One | 302.00 | 26.9 | 27,719 | 1.34 | 231.4 | 102.2 | 1,429.7 | 25.4 | 14.8 |
| IIFL Capital | 346.85 | 19.2 | 10,941 | 0.86 | 184.2 | 5.0 | 631.5 | 2.3 | 21.1 |
| Share India Sec. | 207.27 | 12.5 | 4,529 | 0.77 | 124.4 | 47.5 | 448.1 | 31.3 | 18.4 |
| Anand Rathi Shar | 571.15 | 24.8 | 3,603 | 0.88 | 23.4 | 70.8 | 246.1 | 22.4 | 19.7 |
| Median | 126.09 | 21.2 | 1,007 | 0.43 | 12.5 | 23.0 | 91.9 | 25.2 | 13.3 |
Competes with: 360 ONE WAM LIMITED, 5Paisa Capital Limited, Aditya Birla Money Limited, Almondz Global Securities Limited, Angel One Limited, Arihant Capital Markets Limited, Billionbrains Garage Ventures Limited, DB (International) Stock Brokers Limited, Dam Capital Advisors Limited, Dolat Algotech Limited, Emkay Global Financial Services Limited, Geojit Financial Services Limited, Hybrid Financial Services Limited, IIFL Capital Services Limited, Indbank Merchant Banking Services Limited, Indo Thai Securities Limited, Inventure Growth & Securities Limited, Keynote Financial Services Limited, Khandwala Securities Limited, Master Trust Limited, Monarch Networth Capital Limited, Motilal Oswal Financial Services Limited, Nuvama Wealth Management Limited, Onelife Capital Advisors Limited, SMC Global Securities Limited, Shardul Securities Limited, Share India Securities Limited, Steel City Securities Limited, Systematix Corporate Services Limited
Quarterly results
Sales and profit for each of the last 13 quarters. Newest on the right. ₹ crore.
| Line item | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|
| Sales | 211 | 231 | 204 | 200 | 201 | 227 | 248 | 256 | 246 |
| Expenses | 135 | 145 | 127 | 127 | 126 | 135 | 147 | 145 | 149 |
| Material Cost | 0 | 0 | 0 | 0 | 0 | ||||
| Change in Inventories | 0 | 0 | 0 | 0 | 0 | ||||
| Purchases of Stock-in-Trade | 0 | 0 | 0 | 0 | 0 | ||||
| Employee Cost | 69 | 71 | 84 | 80 | 78 | ||||
| Other Expenses | 57 | 64 | 64 | 66 | 71 | ||||
| Operating Profit | 76 | 86 | 77 | 73 | 75 | 93 | 101 | 110 | 97 |
| OPM % | 36 | 37 | 38 | 37 | 37 | 41 | 41 | 43 | 40 |
| Other Income | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 0 | -21 |
| Exceptional items (within Other Income) | 0 | 0 | 0 | 0 | -21 | ||||
| Interest | 30 | 35 | 43 | 39 | 38 | 50 | 46 | 50 | 40 |
| Depreciation | 6 | 6 | 6 | 8 | 6 | 7 | 6 | 7 | 5 |
| Profit before tax | 41 | 45 | 29 | 26 | 30 | 38 | 50 | 54 | 31 |
| Tax % | 25 | 27 | 25 | 28 | 25 | 26 | 26 | 23 | 26 |
| Net Profit | 31 | 33 | 22 | 18 | 23 | 28 | 37 | 42 | 23 |
| EPS in Rs | 6.90 | 7.45 | 4.86 | 4.15 | 5.14 | 4.45 | 5.90 | 6.63 | 3.70 |
| Diluted EPS in Rs | 4.94 | 6.05 | 7.29 | 7.52 | 3.63 |
Profit & loss
Yearly sales, costs and profit for 12 years, plus the last 12 months (TTM). ₹ crore.
| Line item | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|
| Sales | 468 | 682 | 846 | 932 | 977 |
| Expenses | 353 | 451 | 534 | 553 | 576 |
| Material Cost | 0 | ||||
| Change in Inventories | 0 | ||||
| Purchases of Stock-in-Trade | 0 | ||||
| Employee Cost | 303 | ||||
| Other Expenses | 249 | ||||
| Operating Profit | 115 | 231 | 311 | 380 | 401 |
| OPM % | 25 | 34 | 37 | 41 | 41 |
| Other Income | 1 | 1 | 1 | 2 | -18 |
| Exceptional items (within Other Income) | 0 | ||||
| Interest | 49 | 97 | 147 | 184 | 186 |
| Depreciation | 15 | 20 | 25 | 26 | 25 |
| Profit before tax | 51 | 115 | 140 | 172 | 172 |
| Tax % | 26 | 33 | 26 | 25 | |
| Net Profit | 38 | 77 | 104 | 129 | 130 |
| EPS in Rs | 19 | 17 | 23 | 21 | 21 |
| Diluted EPS in Rs | 23 | ||||
| Dividend Payout % | 0 | 0 | 60 | 24 |
Compounded growth
Average yearly growth over different spans, as stored. A span can cross a demerger or an acquisition.
Compounded sales growth
- 10 years
- —
- 5 years
- —
- 3 years
- 26%
- TTM
- 17%
Compounded profit growth
- 10 years
- —
- 5 years
- —
- 3 years
- 51%
- TTM
- 52%
Stock price CAGR
- 10 years
- —
- 5 years
- —
- 3 years
- —
- 1 year
- 28%
Return on equity
- 10 years
- —
- 5 years
- —
- 3 years
- 18%
- Last year
- 14%
Balance sheet
What the company owns and what it owes, at the end of each year. ₹ crore.
| Line item | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| Equity Capital | 20 | 22 | 22 | 31 |
| Reserves | 245 | 370 | 482 | 1,317 |
| Borrowings | 432 | 888 | 914 | 840 |
| Other Liabilities | 931 | 1,305 | 1,947 | 4,911 |
| Total Liabilities | 1,629 | 2,585 | 3,365 | 7,099 |
| Fixed Assets | 56 | 74 | 84 | 78 |
| CWIP | 0 | 0 | 0 | 0 |
| Investments | 9 | 3 | 6 | 33 |
| Other Assets | 1,563 | 2,508 | 3,274 | 6,989 |
| Total Assets | 1,629 | 2,585 | 3,365 | 7,099 |
Cash flows
Real money coming in and going out each year — from the business, from investments and from loans. ₹ crore.
| Line item | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| Cash from Operating Activity | 15 | 187 | 692 | 725 |
| Cash from Investing Activity | -137 | -599 | -577 | -1,146 |
| Cash from Financing Activity | 108 | 419 | -112 | 462 |
| Net Cash Flow | -13 | 6 | 2 | 41 |
| Free Cash Flow | 2 | 149 | 649 | 706 |
Ratios
How fast customers pay, how long stock sits, and how well capital earns — year by year.
| Line item | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| Debtor Days | 159 | 132 | 109 | 123 |
| Cash Conversion Cycle | 159 | 132 | 109 | 123 |
| Working Capital Days | -527 | -526 | -687 | -1,006 |
| ROCE % | 21 | 21 | 20 |
Price trend
The price as a Renko brick chart: small moves drop out so the bigger path stands out.
Every brick is the same size, about one typical day's move. A new brick needs a full brick's move; turning the other way needs two. Bricks show where the price went, not where it will go.
Open interestPRO
Where option traders are positioned on this stock.
Industry numbers
The numbers that matter most in this industry, from the company's own filings.
1 when an audit qualification is filed as repetitive
0.00flag
2026-03-31
the company's own unlisted debt securities in default at period end
0.00cr
2026-06-30
the company's own loans / revolving facilities in default at period end (standalone filing)
0.00cr
2026-06-30
loan growth %
55.00pct
2026-06-30
net debt from the filed balance sheet at the newest year end: Borrowings − Cash Equivalents − Investments (Current); negative = net cash
-2,741inr_cr
2026-03-31
guarantees / comfort given for promoter, promoter group, directors and KMP
0.00cr
2026-03-31
loans outstanding to promoter, promoter group, directors and KMP (governance filing)
0.00cr
2026-03-31
security given for the borrowing of promoter, promoter group, directors and KMP
0.00cr
2026-03-31
News
News and filings about Anand Rathi Share and Stock Brokers Limited. Open one to see why it matters.
No recent news for this company.
Supply chain
Who it buys from, sells to and competes with — as recorded in our map of company links.
Competes with
- 360 ONE WAM LIMITED
- 5Paisa Capital Limited
- Aditya Birla Money Limited
- Almondz Global Securities Limited
- Angel One Limited
- Arihant Capital Markets Limited
- Billionbrains Garage Ventures Limited
- DB (International) Stock Brokers Limited
- Dam Capital Advisors Limited
- Dolat Algotech Limited
- Emkay Global Financial Services Limited
- Geojit Financial Services Limited
- Hybrid Financial Services Limited
- IIFL Capital Services Limited
- Indbank Merchant Banking Services Limited
- Indo Thai Securities Limited
- Inventure Growth & Securities Limited
- Keynote Financial Services Limited
- Khandwala Securities Limited
- Master Trust Limited
- Monarch Networth Capital Limited
- Motilal Oswal Financial Services Limited
- Nuvama Wealth Management Limited
- Onelife Capital Advisors Limited
- SMC Global Securities Limited
- Shardul Securities Limited
- Share India Securities Limited
- Steel City Securities Limited
- Systematix Corporate Services Limited
Depends on the price of
- Interest Rates
Sells products of
- AIF / PMS managers
- Bond / NCD, corporate-FD & structured-product issuers
Sells to
- Retail, HNI/UHNI, family-office & institutional investors · Full-service broking, margin trading facility (MTF), depository, research & advisory, and…
About
What the company is, from our own records: where it sits, where it makes things, and what it is made of.
- Sector
- Financial Services
- Industry
- Stockbroking & Allied
- Classification
- Financial Services › Stockbroking & Allied
- ISIN
- INE549H01021
News impact
Big market events that reach Anand Rathi Share and Stock Brokers Limited, and how the effect spreads.
No recent market events reach this company.
Dividends, splits & big trades
Money paid out, share splits and buybacks, and big buys or sells by funds and insiders.
Dividends
| 23 Jun 2026 | unspecified | ₹5 |
|---|
Splits, bonuses & buybacks
- daily-prices repair: 2 rows from NSE's archive (replace 0, delete 1, insert 1), 2026-01-15..2026-02-01 (docs/flat_day_repair.md)1× · 15 Jan 2026
Documents
Annual reports, results presentations and earnings calls, straight from the source.
- Earnings call · Q1FY2715 Jul 2026
- Results presentation30 Jun 2026
- Annual report · 2025-266 Jun 2026
Facts from company filings and exchange data. Not investment advice: nothing here tells you to buy or sell.