Anand Rathi Share And Stock Brokers Q2 FY27 Results: Revenue Grows 20.3% And Profit Jumps 50.3%

Anand Rathi Share and Stock Brokers reported Q2 FY27 revenue growth of 20.3% to ₹273.2 crore and profit growth of 50.3% to ₹41.9 crore. Its margin trading book grew 38.2% year-on-year.
Anand Rathi Share and Stock Brokers Limited (ARSSBL) reported revenue from operations of ₹273.2 crore in Q2 FY27, up 20.3% year-on-year. Profit after tax (PAT) rose 50.3% to ₹41.9 crore, while earnings before interest, tax, depreciation and amortisation (EBITDA) reached ₹99.9 crore, with a margin of 37%.
For H1 FY27, revenue increased 21.2% to ₹519.3 crore. PAT after exceptional items rose 28.7% to ₹65.3 crore, while PAT before exceptional items was ₹81 crore, up 59.7% year-on-year.
The Anand Rathi Share and Stock Brokers share price was quoted at ₹543.70 on 13 October 2026 on the National Stock Exchange (NSE).
What Drove Revenue Growth In Q2 FY27?
Growth came from both broking and non-broking operations. Revenue from broking and related services increased 34% year-on-year, while non-broking revenue rose 21%, supporting the company’s effort to diversify its earnings beyond traditional brokerage services.
Interest income from the Margin Trading Facility (MTF) grew 36.3% to ₹49.6 crore. Income from distribution activities reached ₹32.7 crore during the quarter.
How Did The MTF Book And Client Assets Perform?
ARSSBL’s MTF book expanded 38.2% year-on-year to ₹1,499.3 crore. Assets under management (AUM) increased 29.2% to ₹9,999 crore, while assets under custody (AUC) rose 13.2% to ₹1,15,419 crore.
The company also reported that trail-based revenues covered 76% of employee costs. Around 55% of its clients had been associated with the business for more than three years, providing some visibility into recurring revenue and client retention.
What Did Management Say?
On ARSSBL H1 results, Chairman and Managing Director Pradeep Gupta said the company delivered growth despite heightened market volatility arising from geopolitical developments and regulatory changes. He pointed to broking activity, MTF expansion and distribution income as key contributors.
Whole-time Director Roop Kishor Bhootra highlighted the company’s focus on recurring revenues, technology infrastructure, client relationships and broader product and advisory capabilities.
This article is for informational purposes only and should not be considered investment advice from Kotak Neo. For compliance T&C and disclaimers, Visit www.kotakneo.com/disclaimer

Vishwa has spent 10+ years across fintech and FMCG doing what most people miss, connecting the dots, catching trends before they trend, and finding the angle nobody else thought to ask about.
At Kotak Neo, she drives content strategy for neoshorts, Kotak News Desk, and Investing Guide, turning market noise into something worth reading.
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