Anand Rathi Share and Stock Brokers drops despite 50% YoY jump in Q2 net profit
The company attributed its revenue growth to strong momentum in its margin trading facility (MTF) business, steady distribution income and continued client acquisition.
Despite the rise in net profit and revenue, EBITDA margin dropped 423 bps to 36.5%. in Q2 FY27 compared with 40.8% in Q2 FY26.
EBITDA stood at Rs 99.86 crore in Q2 FY27, up 7.8% compared with Rs 92.65 crore posted in Q2 FY26.
The company said that growth was largely driven by non-broking revenues, with interest on MTF growing 36% YoY to Rs 49.6 crore and income from distribution increasing to Rs 32.7 crore, reaffirming the increasing contribution of diversified revenue streams.
Its assets under management (AUM) increased more than 29% YoY to Rs 9,999 crore while MTF book jumped over 38% YoY to Rs 1,499 crore during the second quarter of the ongoing financial year 2027.
Pradeep Gupta, chairman and managing director, said, ?The quarter was characterised by heightened market volatility arising from geopolitical issues and regulatory changes. Despite these headwinds, investor participation remained resilient, supported by sustained domestic inflows and continued growth in mutual fund assets.
Roop Kishor Bhootra, Wholetime Director, added, ?Going forward, we will remain focused on deepening client relationships, strengthening our technology infrastructure, and broadening our product and advisory capabilities. These efforts will support sustainable growth and create long-term value for all stakeholders.?
Anand Rathi Share and Stock Brokers provides stockbroking services, margin trading facilities and distribution of financial products to a diverse client base, including retail investors, high-net-worth individuals (HNIs), ultra-high-net-worth individuals (UHNIs) and institutional clients. The company offers investment opportunities across multiple asset classes, including equities, derivatives, commodities and currency markets.
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