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Fundamentals for Anand Rathi Wealth Limited
Business Operations:
Sector: Financial ServicesIndustry: Asset Management
Anand Rathi Wealth Limited provides financial and insurance services in India. The company distributes equity and debt mutual funds, non-principal protected structured products, and other financial products. It also operates a technology platform for financial advisors, which include client reporting, business dashboard, client engagement, online mutual fund transactions, and goal planning products. The company was formerly known as Anand Rathi Wealth Services Limited and changed its name to Anand Rathi Wealth Limited in January 2021. Anand Rathi Wealth Limited was incorporated in 1995 and is based in Mumbai, India.
Revenue projections:
Anand Rathi Wealth Limited's revenues are expected to fall below last year's, and this forecast tends to raise concerns among investors. A revenue drop can negatively impact the company's profitability, making investors more cautious about their positions due to the risks of declining financial performance.
Financial Ratios:
| currentRatio | 3.830000 |
|---|---|
| forwardPE | 56.779957 |
| debtToEquity | 8.250000 |
| earningsGrowth | 0.384000 |
| revenueGrowth | 0.476000 |
| grossMargins | 0.577140 |
| operatingMargins | 0.403310 |
| trailingEps | 23.580000 |
| forwardEps | 34.130000 |
The current ratio for Anand Rathi Wealth Limited is 3.83, indicating that the company can service its short-term debt using available cash and assets. This suggests Anand Rathi Wealth Limited has strong liquidity, with more than enough resources to meet its immediate financial commitments.
ANANDRATHI's forward PE ratio is too high, raising concerns that future price increases may be restricted and a correction could be imminent. It's essential to weigh this parameter carefully in conjunction with other fundamentals to get a clearer picture of the stock's valuation.
Positive earnings and revenue growth for ANANDRATHI suggest that the company is positioned for business expansion. The company's strong financial performance indicates sustained growth, as increasing sales and profits fuel its future success.
ANANDRATHI's positive gross and operating margins indicate that the company is performing profitably. These margins reflect efficient cost control and revenue generation, signaling a strong financial foundation for continued success.
ANANDRATHI's forward EPS surpasses its trailing EPS, reflecting expectations of higher profitability in the current year. This suggests that ANANDRATHI is projected to generate stronger earnings, indicating an optimistic financial outlook compared to the prior year's results.
Price projections:
Over time, Anand Rathi Wealth Limited's price projections have been gradually lowered, signaling declining confidence in the company's future outlook. The downward revisions suggest analysts are becoming more cautious about Anand Rathi Wealth Limited's potential for growth.
Anand Rathi Wealth Limited's price has already crossed above the upper threshold of projections, reflecting strong performance. However, with limited room for further increases, the stock may experience a stabilization phase in the near future.
Recommendation changes over time:
Analysts have offered mixed ratings for ANANDRATHI, with no strong buy or sell signals. This unclear stance suggests that investors should conduct further research or monitor additional market indicators before making any investment decisions about the stock.
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