
Anand Rathi Wealth Ltd witnessed a decline of 4% in its share price on January 14, trading at ₹3,863.50 after reporting its Q3 FY25 results. While the company showcased strong year-on-year (YoY) growth in revenue and net profit, its sequential performance remained largely flat, raising concerns among investors.
Key Highlights from Q3 FY25 Results:
- Revenue from Operations: ₹237.04 crore, a 2.99% decline QoQ from ₹242.48 crore in Q2 FY25, but a 30% growth YoY from ₹182.43 crore in Q3 FY24.
- Total Income: ₹244.21 crore, down 2.99% QoQ from ₹249.63 crore in Q2 FY25, yet up 30.37% YoY from ₹187.26 crore in Q3 FY24.
- Net Profit: ₹77.30 crore, up 1.29% QoQ from ₹76.31 crore in Q2 FY25 and 33.21% higher YoY compared to ₹58.04 crore in Q3 FY24.
- EBITDA: ₹107 crore, showing a 34.3% YoY rise from ₹79.7 crore in Q3 FY24.
- EBITDA Margin: Improved to 45.2% in Q3 FY25 from 43.7% in the same period last year.
The company’s board approved a 1:1 bonus share issue, subject to shareholder approval, signaling its commitment to rewarding investors.
The flat sequential performance overshadowed the company’s strong YoY growth, leading to a sell-off in the stock. The announcement of a bonus share issue, while positive, failed to offset concerns over the lack of QoQ revenue growth.