Anand Rathi Share And Stock Brokers Ltd
Anand Rathi Q1 FY27 Standalone PAT at Rs. 235.06 Million, plans Rs. 500 Crore NCDs
RESULTS
▼ Concern Flagged
MEDIUM RISK
📅 Filed on BSE: 14 Jul 2026, 06:23 PM IST · BSE ID: 41ad8e3f-5832-43d5-8f18-88f154116c4b
View Original BSE Filing (PDF)
💡
In Simple Terms
Anand Rathi reported Q1 FY27 profit, plans to raise Rs. 500 crore debt, and will expand by opening a new unit in Dubai.
🤖 AI Summary
- Anand Rathi Share And Stock Brokers Ltd approved standalone net profit of Rs. 235.06 million for the quarter ended June 30, 2026.
- Board approved raising capital up to Rs. 500 crores through issuance of Rated/Unrated, Listed/Unlisted, Unsecured/Secured Redeemable Non-Convertible Debentures.
- Material Related Party Transactions with Anand Rathi Financial Services Limited and Anand Rathi Global Finance Limited for FY2026-27 require shareholder approval via Postal Ballot.
- The Board approved the incorporation of a wholly-owned subsidiary, directly or indirectly, in Dubai, United Arab Emirates (UAE).
- Company reviewed and revised its Policy on Related Party Transaction and Policy on Corporate Social Responsibility.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Profit for the Year (Standalone) Q1 FY27
235.06 Millions
0.58%
Total Revenue from Operations (Standalone) Q1 FY27
2,456.83 Millions
22.22%
Exceptional Item Q1 FY27
209.96 Millions
NCD Capital Raising Limit
500 crores
🏢 How This Affects the Company
The planned incorporation of a wholly-owned subsidiary in Dubai, UAE, indicates an expansion into international markets, potentially diversifying its client base and revenue streams. Raising Rs. 500 crores via NCDs provides capital for operational growth or specific strategic initiatives.
The approval to raise Rs. 500 crores through Non-Convertible Debentures will increase the company's debt on the balance sheet. This capital infusion will support funding requirements, potentially impacting interest expenses.
Establishing a subsidiary in Dubai will involve new operational setups, including hiring and compliance with UAE regulations, extending the company's geographical footprint. The Debenture Allotment and Redemption Committee will manage the NCD issuance process.
The exceptional item of Rs. 209.96 million for compensation of loss to clients for fraudulent off-market share transfers highlights an operational risk previously realized. Expansion into a new geography like Dubai introduces new regulatory and market risks.
👥 What This Means For Shareholders
✅
Action Required
Shareholders are required to vote on the Material Related Party Transactions for FY2026-27 via Postal Ballot.
👤
Who Is Affected
All shareholders will be affected by the decision to raise Rs. 500 crores via NCDs, as this will alter the company's capital structure and future interest obligations. Voting shareholders will directly influence related party transactions.
🔍
Management Signal
Management intends to expand operations internationally with a Dubai subsidiary and strengthen capital through NCDs, while also formalizing existing related party transactions for shareholder approval.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Postal Ballot results for Material Related Party Transactions.
Specific details on the incorporation and operations of the Dubai WOS.
Terms and timeline of the Rs. 500 crore NCD issuance.
MEDIUM RISK
Exceptional item of Rs. 209.96 million for client compensation indicates past operational control failures.
💡 Investor Takeaway
Anand Rathi Share And Stock Brokers Ltd reported standalone net profit of Rs. 235.06 million for Q1 FY27. This includes an exceptional item of Rs. 209.96 million for client compensation. The company plans to raise up to Rs. 500 crores through NCDs and establish a wholly-owned subsidiary in Dubai, UAE.
⚖️ Strengths & Concerns
✅ Positives
- Standalone Profit for the Year was Rs. 235.06 million for Q1 FY27, compared to Rs. 233.70 million in Q1 FY26, indicating stable profitability.
- Total Revenue from Operations for Q1 FY27 increased to Rs. 2,456.83 million from Rs. 2,010.17 million in Q1 FY26.
⚠️ Concerns
- The company recorded an exceptional item of Rs. 209.96 million for compensation of loss to clients for fraudulent off-market share transfers in Q1 FY27.
- Profit before exceptional item and tax was Rs. 525.27 million, but profit after the exceptional item decreased to Rs. 315.31 million for Q1 FY27.
📅 Company Track Record
Anand Rathi's FY26 PAT grew 25% to Rs. 1,293 million, with Q4 PAT surging 126%, driven by MTF and distribution income. A final dividend of Rs. 5/share was approved for FY26. A Rs. 130 million client dispute was pending investigation as of April 14, 2026.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
What was Anand Rathi Share And Stock Brokers Ltd's standalone net profit for Q1 FY27?
Anand Rathi Share And Stock Brokers Ltd reported a standalone net profit for the year of Rs. 235.06 million for the quarter ended June 30, 2026.
What was the total revenue from operations for Anand Rathi in Q1 FY27?
The total standalone revenue from operations for Anand Rathi Share And Stock Brokers Ltd was Rs. 2,456.83 million for the quarter ended June 30, 2026.
What capital raising plan did Anand Rathi's Board approve?
Anand Rathi's Board approved raising capital not exceeding Rs. 500 crores through the issuance of Redeemable Non-Convertible Debentures.
Did Anand Rathi report any exceptional items in Q1 FY27?
Yes, Anand Rathi reported an exceptional item of Rs. 209.96 million in Q1 FY27 for compensation of loss to clients for fraudulent off-market transfer of shares.
What new subsidiary is Anand Rathi planning to incorporate?
Anand Rathi is planning to incorporate a wholly-owned subsidiary, directly or indirectly, in Dubai, United Arab Emirates (UAE).
Questions based on this BSE filing only. For information purposes.