What the business is, and whether it's a good one at a fair price.
Operates a retail-facing stockbroking and capital markets business in India, earning trading brokerage from active clients in equities and derivatives. Beyond broking, it lends against securities through its Margin Trading Funding (MTF) book and distributes mutual funds and other products, alongside running a depository participant (DP) business that holds client securities in demat form. Q1 FY27 revenue mix was 52% broking, 29% non-broking (MTF, distribution, depository) and 19% other income; consolidated revenue was ₹2,461M, with EBITDA margin at 39.54%. Assets under custody (AUC) reached ₹1.13 lakh crore, served by 88,424 active clients across a network of 319 cities and 2,263 employees. The firm is expanding through a Dubai subsidiary to serve NRI/HNI clients and through an AI-enabled digital platform integrated with UPI/AA/eSign. Employee compensation is the dominant cost at 32.5% of FY26 revenue, with other operating expenses at 26.7%; depreciation and capex are minimal at under 3% each, reflecting the asset-light nature of the business.
Measured from the filed financials, judged against its Stockbroking & Allied peers · as of FY26 — not investment advice
How has the market priced it — with filings on the timeline?
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
How does it stack up on valuation, returns and growth?
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Quarterly & annual P&L, balance sheet, cash flow, ratios and segments.
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Who owns it — and is the promoter stake clean?
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Answered from ANAND RATHI SH N STK BR L's filed financials and exchange disclosures
ANAND RATHI SH N STK BR L is a Capital Markets company listed on NSE and BSE, trading under the symbol ARSSBL.
Yes. Over the trailing twelve months ANAND RATHI SH N STK BR L reported a net profit of ₹130 Cr on revenue of ₹977 Cr.
Not in the latest reported year — ANAND RATHI SH N STK BR L's dividend payout for FY26 was nil.
No. Debt stands at 0.62× equity, and it carries net debt of ₹752 Cr. That is lower than 5% of its 40 Stockbroking & Allied peers.
On trailing P/E, ANAND RATHI SH N STK BR L ranks 24 of 37 in Stockbroking & Allied — cheaper than 36% of them, against an industry median of 15.4×. This is a position, not a valuation judgement.
On a typical session ANAND RATHI SH N STK BR L moves 1.58% — that is the median absolute close-to-close move across its last 234 trading days. Announcement days are routinely larger.
Every NSE and BSE filing by ANAND RATHI SH N STK BR L appears on this page, AI-summarised, alongside the price reaction that followed it. Follow the company to get each new filing on WhatsApp within minutes.
Figures are as last reported and may lag the latest filing. Not investment advice.
