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:
Revenue projections for ANANDRATHI Revenues for Anand Rathi Wealth Limited are expected to drop compared to the previous year, which could be a cause for concern for investors. A decline in earnings may negatively impact the company's profitability, leading cautious investors to reconsider their positions, as it often signals challenges in overall financial health.
Financial Ratios:
currentRatio
3.15500
forwardPE
49.06977
debtToEquity
9.91200
earningsGrowth
0.31300
revenueGrowth
0.23100
grossMargins
0.59014
operatingMargins
0.45245
trailingEps
41.44000
forwardEps
0.00000
Anand Rathi Wealth Limited's current ratio of 3.155 highlights the company's solid liquidity, indicating that it can easily service its short-term debt. Anand Rathi Wealth Limited's ample cash reserves and current assets ensure that the company is well-positioned to meet its immediate financial liabilities. ANANDRATHI's positive growth in earnings and revenue suggests the company is on track to expand its business. These indicators highlight a healthy financial performance, with ANANDRATHI expected to increase its market presence and profitability. ANANDRATHI's positive gross and operating margins highlight its strong profitability. The company's ability to control costs while generating revenue indicates efficient operations and a healthy financial position.
Price projections:
Price projections for ANANDRATHI ANANDRATHI's stock price has moved past the upper limit of projections, reflecting robust performance. However, the minimal room for further upward movement suggests that the stock may encounter resistance in maintaining its current levels.
Recommendation changes over time:
Recommendations trend for ANANDRATHI
ANANDRATHI has been receiving a buy bias from analysts, indicating confidence in its investment potential. This could drive more investors to view ANANDRATHI as a reliable choice for their money, offering a promising avenue for future growth and financial gains.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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