Anand Rathi Approves Q2 Financial Results, Plans Up to Rs 500 Crore Capital Raise and UAE Expansion

Anand Rathi Approves Q2 Financial Results, Plans Up to Rs 500 Crore Capital Raise and UAE Expansion​

Anand Rathi Share and Stock Brokers Limited released its unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The Board of Directors reviewed these results and approved several key corporate initiatives, including plans for capital raising through Non-Convertible Debentures (NCDs) and the incorporation of a wholly owned subsidiary in Dubai, United Arab Emirates.

The company’s board meeting on July 14, 2026, covered significant operational updates, material related party transaction approvals, and corporate policy revisions.

Financial Performance Highlights for Q2 FY27​

The unaudited standalone financial results for the quarter ended June 30, 2026, show a Total Income of 2,461.32 million (in millions). The company recognized an exceptional item of 209.96 million, related to compensating losses incurred by clients due to fraudulent off-market transfer of shares from their demat accounts in the DP segment.

Key figures from the standalone results for the quarter ended June 30, 2026, are detailed below:


The consolidated unaudited financial results for the same period report Total Revenue from Operations at 2,461.03 million (in millions). The company’s Net Profit after Tax (PAT) for the quarter stood at 233.51 million.

Strategic Initiatives and Capital Planning​

In addition to reviewing quarterly performance, the Board addressed several major strategic points:

• Capital Raising: The company authorized the creation of a Debenture Allotment and Redemption Committee to oversee the finalization of terms for raising capital. This involves the issuance of Rated/Unrated, Listed/Unlisted, Unsecured/Secured Redeemable Non-Convertible Debentures (NCDs) for an amount not exceeding Rs 500 crores in one or more tranches.
• Related Party Transactions: The Board approved two Material Related Party Transactions with Anand Rathi Financial Services Limited and Anand Rathi Global Finance Limited, pending the approval of members through a Postal Ballot.
• Policy Review: The Board reviewed and revised internal policies, including the Policy on Related Party Transaction and the Policy on Corporate Social Responsibility.

International Expansion in UAE​

The company also approved the incorporation of a Wholly Owned Subsidiary (WOS) in Dubai, United Arab Emirates (UAE). This foreign entity is intended to support and expand Anand Rathi’s international business, providing investment solutions and investment services to NRI, HNI, and family office clients based in the UAE and other overseas jurisdictions. The company will infuse 100% of the initial subscription capital through cash consideration into the proposed subsidiary.

Corporate Governance and Ratings​

The Board reviewed the incorporation details for the new foreign subsidiary, which is set up as a financial services entity. Furthermore, the company's short-term rating was upgraded to Al+ from CARE on April 8, 2026, and it was assigned a long-term A+ rating by ICRA Ratings on April 30, 2026.

ARSSBL Stock Price Movement​

Today, shares of Anand Rathi Share and Stock Brokers Limited edged higher to close at ₹581.25, gaining 1.06%. The stock saw active trading throughout the session, with a volume of 837,681 shares and intraday movements ranging from a low of ₹571.2 to a high of ₹592.6.