AI Summary
✦ ClarthaAnand Rathi Wealth is an Indian financial-products distribution company serving high- and ultra-high-net-worth clients. Revenue comes from wealth solutions, Omni Financial Advisor subscriptions and brokerage activities. Wealth solutions remain the core offering, while Omni provides reporting, dashboards, engagement, transactions and goal-planning tools to advisors. Revenue grew 22.3% and profit 32%, but no major recent development provides a clear incremental catalyst. Improving margins and faster profit growth indicate operating leverage, though ROE is unavailable and debt-to-equity of 8.25 implies leverage materially amplifies shareholder returns. The 76.3x P/E is rich against current growth and leaves limited room for execution or margin disappointment. Investor sentiment is neutral, with valuation and leverage outweighing the company’s earnings momentum.
Price Forecast
Probabilistic Range
Probabilistic lognormal cone using 1Y realized volatility and analyst-target drift when available.
Revenue Forecast
₹ CrEPS Forecast
₹ / shareMulti-factor synthesis of 5 key dimensions
From 2 analysts
Fundamentals
Fundamentals institutional score is 92 using growth durability 92.4.
Valuation
Valuation institutional score is 12 using relative multiple z-scores where peer dispersion is available.
Analyst Consensus
Analyst View institutional score is 4 using mean target upside -25.0%; dispersion penalty 4.2; recommendation breadth from available consensus.
Technical Structure
Technicals institutional score is 78 using EMA-20 continuation within 5% tolerance; VCP range/volume contraction proxy.
Market Sentiment
Recent news flow is balanced or not decisive enough to tilt the tape. Based on 2 recent ticker-linked news items.
Signal Summary
Market intelligence remains Mixed. fundamentals and technical structure provide support, while valuation and analyst consensus remain considerations.
Composite weights: Fundamentals 25%, Valuation 20%, Analyst Consensus 20%, Technical Structure 20%, Market Sentiment 15%.
Key Data Points
Important Note: This is market intelligence, not investment advice. Always conduct your own research and consider your financial goals and risk tolerance.
Valuation Metrics
Trading 112.4% above historical median. Valuation is rising — currently in the strongly overvalued zone (z-score: +2.33). Confidence: 62%.
Live forward EPS implies next-12-month EPS of ₹33.66. Applying the stock's normalized valuation corridor produces a fair range of ₹1,096.98 to ₹1,800.81, with base value near ₹1,209.40 (-43.3% vs current price).
Live forward estimate anchored to the company's historical valuation corridor.
Forward EPS
₹33.66
Forward P/E
63.3x
Base Fair Value
₹1,209.40
Fair Range
₹1,096.98 - ₹1,800.81
Upside To Base
-43.3%
Estimate Source
Live forward EPS
Growth Estimate
+71.0%
5Y Average
32.68
Current
35.46
Overvalued
35.52
Undervalued
29.90
5Y Average
29.78
Current
76.33
Overvalued
53.50
Undervalued
32.59
5Y Average
9.71
Current
25.26
Overvalued
13.46
Undervalued
2.39
Peers & Comparison
Sector: Financials · Theme: Asset Management
| Company | Rev. Growth | Margin | P/E | vs Avg | 52W Perf. |
|---|---|---|---|---|---|
TATA INVESTMENT CORP LTD TATAINVESTAsset Management | +4.1% | 105.2% | 81.1x Premium | +63% vs avg | -0.2% |
PRUDENT CORP ADV SER LTD PRUDENTAsset Management | +20.9% | 17.5% | 56.7x Fair | +14% vs avg | +28.5% |
ADIT BIRL SUN LIF AMC LTD ABSLAMCAsset Management | +10.6% | 47.6% | 29.2x Undervalued | -41% vs avg | +20.7% |
JSW HOLDINGS LIMITED JSWHLAsset Management | -41.9% | 76.7% | 90.1x Premium | +81% vs avg | -32.8% |
NIPPON L I A M LTD NAM-INDIAAsset Management | +24.5% | 52.5% | 46.6x Fair | -6% vs avg | +46.9% |
ICICI PRUDENTIAL AMC LTD ICICIAMCAsset Management | +18.1% | 55.5% | 43.7x Fair | -12% vs avg | +18.1% |
HDFC AMC LIMITED HDFCAMCAsset Management | +13.4% | 61.6% | 36.8x Undervalued | -26% vs avg | -6.9% |
BAJAJ HOLDINGS & INVS LTD BAJAJHLDNGAsset Management | +24.2% | 734.6% | 14.5x Undervalued | -71% vs avg | -19.8% |
ANAND RATHI WEALTH LTD trades at a premium (78.2x vs peer avg 49.8x), implying higher growth or quality expectations from the Asset Management cohort. Peers include TATA INVESTMENT CORP LTD, PRUDENT CORP ADV SER LTD, ADIT BIRL SUN LIF AMC LTD — selected based on business model, industry classification, market cap similarity, and business theme alignment.
Financials
Real statement data for revenue, earnings quality, conversion, and balance-sheet coverage. Monetary values are shown in Rs crore.
Latest revenue
₹313 CrJun 2026Latest net profit
₹163 CrJun 2026Latest EPS
₹9.83Jun 2026Net margin
35.0%Jun 2026Performance
Bars show revenue and net profit. The line shows net margin.
- Revenue
- Net income
- Net margin %
Earnings
Revenue is shown in crores. EPS is rupees per share.
- Revenue
- EPS
Revenue to profit conversion
Bridge from operating numbers to profit for the latest reported period.
Latest reported period: Jun 2026
Debt level and coverage
Debt, cash and free cash flow compared on the same crore scale.
- Debt
- Free cash flow
- Cash & equivalents
Results
| Metric | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 168 | 175 | 175 | 177 | 229 | 234 | 228 | 213 | 265 | 286 | 279 | 277 | 313 |
| Expenses + | 96 | 100 | 97 | 106 | 133 | 132 | 124 | 125 | 139 | 152 | 150 | 194 | 205 |
| Operating Profit | 71 | 75 | 78 | 71 | 96 | 102 | 104 | 89 | 125 | 134 | 130 | 83 | 108 |
| OPM % | 43% | 43% | 44% | 40% | 42% | 44% | 46% | 42% | 47% | 47% | 46% | 30% | 35% |
| Other Income + | 3 | 6 | 4 | 12 | 7 | 6 | 6 | 18 | 9 | 9 | 16 | 67 | 109 |
| Interest | 1 | 2 | 2 | 2 | 1 | 3 | 4 | 4 | 4 | 5 | 4 | 3 | 4 |
| Depreciation | 3 | 3 | 4 | 4 | 4 | 5 | 5 | 6 | 6 | 7 | 7 | 8 | 8 |
| Profit before tax | 70 | 76 | 76 | 77 | 97 | 101 | 102 | 98 | 124 | 130 | 134 | 138 | 206 |
| Tax % | 25% | 26% | 26% | 28% | 26% | 25% | 26% | 26% | 26% | 26% | 26% | 26% | 21% |
| Net Profit + | 52 | 57 | 57 | 56 | 72 | 75 | 76 | 72 | 92 | 97 | 100 | 102 | 163 |
| EPS in Rs | 3.14 | 3.39 | 3.41 | 3.32 | 4.36 | 4.52 | 4.56 | 4.36 | 5.56 | 5.85 | 6.01 | 6.16 | 9.83 |
| Raw PDF | |||||||||||||
| YOY Sales Growth % | 31.07% | 32.95% | 31.51% | 28.85% | 36.76% | 33.53% | 30.54% | 20.69% | 15.43% | 22.20% | 22.40% | 29.98% | 18.21% |
| Employee Cost % | 46% | 45% | 44% | 46% | 46% | 46% | 43% | 46% | 43% | 43% | 43% | 60% | 55% |
| Other income normal | 3 | 6 | 4 | 12 | 7 | 6 | 6 | 18 | 9 | 9 | 16 | 67 | 109 |
| Profit excl Excep | 52 | 57 | 57 | 56 | 72 | 75 | 76 | 72 | 92 | 97 | 100 | 102 | 163 |
| Profit for PE | 52 | 57 | 57 | 56 | 72 | 75 | 76 | 72 | 92 | 97 | 100 | 102 | 163 |
| Profit for EPS | 52 | 57 | 57 | 56 | 72 | 75 | 76 | 72 | 92 | 97 | 100 | 102 | 163 |
| YOY Profit Growth % | 33% | 33% | 33% | 28% | 38% | 32% | 33% | 30% | 28% | 29% | 32% | 41% | 77% |
All values in ₹ Crores unless otherwise stated. Source: Screener Master (Standalone).