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:
Revenue projections for ANANDRATHI The projected decline in ANANDRATHI's revenues compared to last year is expected to make investors cautious. A drop in revenue often has a direct negative effect on the company's bottom line, signaling potential challenges that could undermine investor confidence and reduce overall profitability.
Financial Ratios:
currentRatio
3.15500
forwardPE
49.06977
debtToEquity
9.91200
earningsGrowth
0.31300
revenueGrowth
0.23100
grossMargins
0.59014
operatingMargins
0.45245
trailingEps
41.44000
forwardEps
0.00000
ANANDRATHI's current ratio of 3.155 highlights the company's solid liquidity, indicating that it can easily service its short-term debt. ANANDRATHI's ample cash reserves and current assets ensure that the company is well-positioned to meet its immediate financial liabilities. ANANDRATHI's positive earnings and revenue growth indicate that the company is expected to continue expanding its business. These trends reflect strong financial health, with increasing profits and sales suggesting sustained growth and success for ANANDRATHI. ANANDRATHI's positive gross and operating margins indicate healthy profitability. These margins reflect the company's ability to generate income efficiently from its operations, signaling strong financial performance and effective cost management.
Price projections:
Price projections for ANANDRATHI Having exceeded the higher end of price projections, ANANDRATHI's stock reflects strong performance. However, with minimal room for additional growth, investors might need to consider the possibility of a price correction or consolidation phase.
Recommendation changes over time:
Recommendations trend for ANANDRATHI
The recent buy bias from analysts suggests ANANDRATHI is seen as a strong investment, encouraging more investors to consider it. With this favorable sentiment, ANANDRATHI appears to be a reliable option for parking money, offering stability and long-term growth potential in the stock market.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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