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Fundamentals for Anand Rathi Wealth Limited
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Fundamentals for Anand Rathi Wealth Limited
Business Operations:
Sector: Financial ServicesIndustry: Asset Management
Anand Rathi Wealth Limited provides financial and insurance services in India. The company distributes equity and debt mutual funds, non-principal protected structured products, and other financial products. It also operates a technology platform for financial advisors, which include client reporting, business dashboard, client engagement, online mutual fund transactions, and goal planning products. The company was formerly known as Anand Rathi Wealth Services Limited and changed its name to Anand Rathi Wealth Limited in January 2021. Anand Rathi Wealth Limited was incorporated in 1995 and is based in Mumbai, India.
Revenue projections:
Revenues for ANANDRATHI are forecasted to decline from last year's levels, prompting caution among investors. When revenues fall, it can have a significant negative impact on the company's bottom line, reducing profitability and making the stock less attractive to risk-averse investors.
Financial Ratios:
| currentRatio | 3.830000 |
|---|---|
| forwardPE | 49.954838 |
| debtToEquity | 8.250000 |
| earningsGrowth | 0.384000 |
| revenueGrowth | 0.476000 |
| grossMargins | 0.577140 |
| operatingMargins | 0.403310 |
| trailingEps | 47.280000 |
| forwardEps | 70.850000 |
ANANDRATHI's current ratio of 3.83 shows that the company has ample resources to service its short-term debt. This indicates a solid financial position, as ANANDRATHI can rely on its cash reserves and current assets to cover its immediate liabilities without strain.
ANANDRATHI's positive earnings and revenue growth suggest that the company is expected to expand its business. This reflects a healthy financial outlook, as ANANDRATHI's increasing profits and sales signal further growth in the near future.
ANANDRATHI's positive gross and operating margins reflect strong financial performance. These metrics indicate that the company is efficiently managing its operations and generating healthy profits, contributing to a solid financial position.
With Anand Rathi Wealth Limited's forward EPS higher than its trailing EPS, the company is expected to be more profitable in the current financial year. This signals confidence in Anand Rathi Wealth Limited's growth potential, as improved earnings are forecasted compared to the prior year's performance.
Price projections:
Surpassing the higher limit of projections, Anand Rathi Wealth Limited's stock price reflects significant gains. Yet, the restricted potential for further rises indicates that the stock may need to consolidate, possibly leading to increased volatility in the short term.
Recommendation changes over time:
Analysts have provided a mixed outlook for ANANDRATHI, offering no definitive buy or sell recommendations. This lack of consensus suggests that investors should proceed with caution and consider a variety of market indicators before making decisions, as the stock's future direction remains uncertain.
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