Sector Alpha Week of 2026-07-31
Sector Alpha — machine-written from the numbers · Data as of 2026-07-31

Anand Rathi Share & Stock Brokers Ltd

ARSSBL
Finance - Capital Markets - Brokers

Anand Rathi Share & Stock Brokers Ltd's three tracks disagree. Price, valuation and the earnings engine each tell a different story — the next quarter or two settles it.

Biggest watch item: the price is not yet in a confirmed uptrend — timing risk, not thesis risk.

The price is topping out (3 weeks in) while the P/BV sits at the 8th percentile of its own 1-year range. Underneath, the last four quarters read mixed — profit +0.0% year on year, with the the net margin at 9.3%. What settles it: the next one or two quarters of delivery.

Price
₹511
P/BV
2.4×
8th pctile
of its own 1-year range
Revenue (Jun 26)
₹246 Cr
+22.4% YoY
Profit (Jun 26)
₹23.0 Cr
+0.0% YoY
Net margin
9.3%
−2.1 pp YoY
ROE
14%
FY26
01 · Price story

Price story Before the numbers, the tape. A stock price moves through four repeating seasons: a flat base (stage 1), an advance (2), a top (3), a decline (4). Where the price sits in that cycle frames everything below.

Anand Rathi Share & Stock Brokers Ltd trades at ₹511, losing momentum at the top and 3 weeks into that stage. That is −4.8% against its own 200-day average. It sits at 24% of a 52-week range of ₹439 to ₹733. On relative strength it is currently behind the NIFTY 500 on a trailing-13-week view (3 weeks and counting).

Today the stock is losing momentum at the top — week 3 of stage 3, confirmed. At ₹511 it trades −4.8% versus its 200-day average and sits at 24% of its 52-week range (₹439–₹733).

Jul 26: ₹511 Weekly closing price (₹) with 50- and 200-day averages; shaded bands mark the price stage (grey base, green advance, amber top, red decline). 1-year window.
−4.8% versus the 200-day line, week 3 of stage 3
Price50-day avg200-day avg
S4S2S4S1S2₹757₹672₹586₹501₹415₹511₹537Oct 25Dec 25Mar 26Jun 26Jul 26
S4S2S4S1S2₹757₹672₹586₹501₹415₹511₹537Oct 25Mar 26Jul 26
Beating or trailing, week by week since 2025 Each cell is one week from 2025 to now (47 weeks): the stock's trailing 13-week return minus the NIFTY 500's, green ahead / red behind (±25% ramp). Grey cells are the 13-week warm-up or weeks where the NIFTY 500 reading is not held.
trailing 13-week return vs the NIFTY 500
Oct 25Jul 26

Against the market, two honest reads. Cumulative: over the last 10 months the stock moved +11% while the NIFTY 500 moved +2% — ahead of the index over the full window. Recent form: on a trailing-13-week view the stock is currently behind (3 weeks and counting; last ahead the week of 2026-07-10) — the ribbon below is that same metric, week by week.

What would end the trend, mechanically: two Friday closes in a row below the 200-day line. That is the exit rule — no debates.

02 · Valuation

Valuation For a bank we price the book, not the earnings: P/BV is what the market pays for each ₹1 of the bank's net worth. A bank below 1× book is priced below the value of what it owns, net of what it owes.

Anand Rathi Share & Stock Brokers Ltd trades at 2.4× P/BV, near the bottom of its own range — cheaper only 8% of the time. Its long-run median P/BV is 2.6×, measured across 0.8 years of weekly readings. This places the multiple against the stock’s own record, and says nothing about what the business is worth.

Today's P/BV of 2.4× is near the bottom of its own range — cheaper only 8% of the time, against a long-run median of 2.6× measured over 0.8 years of weekly readings. This is a comparison against the stock's own history — not a claim about what it is worth.

P/BV 2.4× vs a 2.6× long-run median P/BV, weekly (left axis); book value per share, weekly (right axis). 0.8-year window; brief peaks above 3.5× shown pinned at the top. The book value / share bars are red where the reading is lower than the quarter before.
near the bottom of its own range — cheaper only 8% of the time
P/BVMedianBook value / share (quarterly)
3.6×₹2303.2×₹1732.8×₹1152.3×₹57.61.9×₹0.0×2.40×₹213Oct 25Dec 25Mar 26May 26Jul 26
3.6×₹2303.2×₹1732.8×₹1152.3×₹57.61.9×₹0.0×2.40×₹213Oct 25Mar 26Jul 26
P/BV
2.4×
8th percentile of 1y
PEG
n/m
not derivable — 3-year earnings growth unavailable

Put together: the multiple is low against its own past, so the story rests on the book-value line underneath it, not the multiple.

03 · Stage: No read

Stage: No read Every business sits somewhere on a fundamental arc, and this page names the spot before anything else. The last twelve quarters of revenue, profit and EPS growth — plus the return the business earns on its capital — are read as curves: Deteriorating (the curves are falling), Turning around (a trough has just formed and the last few quarters lift off it), Improving (the climb off the trough is sustained), Consistent (steadily positive with healthy returns), Topping out (still high but decelerating from the peak). When the curves genuinely disagree the read is Mixed; too little history is No read. CAGR (compound annual growth rate) is the smooth yearly pace that turns the starting value into the latest one — the fairest way to compare growth across different time spans. Read the columns together: if the 1-year number towers over the 10-year, recent growth is running hotter than the long-run trend. A dash means that window is not held, or the base year was a loss (where a growth rate is not meaningful).

Anand Rathi Share & Stock Brokers Ltd reads as no read on its fundamental arc. Under eight usable quarters on the growth trio — not enough history for an honest trajectory read. The read is built from 6 quarters across 1 curve, on partial evidence.

Growth, year by year: revenue +10.2% in FY26, profit +24.0% Year-over-year growth per fiscal year, %: revenue (left axis); net profit and EPS (right axis — profit growth swings far wider). Zero line drawn.
Revenue YoYProfit YoYEPS YoY
49%112%38%79%28%45%18%12%7.4%−21%%%10.2%24%FY23FY24FY26
49%112%38%79%28%45%18%12%7.4%−21%%%10.2%24%FY23FY24FY26
Three growth curves, twelve quarters Year-on-year growth of trailing-twelve-month revenue (left axis), profit and EPS (right axis — they swing far wider), % at each quarter-end. Where the trailing-twelve-month history is short, the curve falls back to single-quarter year-on-year growth — noisier, and the classifier smooths and caps base-effect spikes before reading. A missing point means that reading is not held for the quarter.
the trajectory the stage is read from
RevenueProfitEPS
31%146%21%100%12%54%2.2%7.6%−7.3%−39%%%22.4%0%−4.3%Jun 24Jun 25Jun 26
31%146%21%100%12%54%2.2%7.6%−7.3%−39%%%22.4%0%−4.3%Jun 24Jun 25Jun 26
ROE Trailing-twelve-month net profit as a share of quarter-end equity, %.
the return curve, computed quarterly
ROE
22%18%14%9.9%5.9%%9.6%Jun 24Dec 24Jun 25Dec 25Jun 26
22%18%14%9.9%5.9%%9.6%Jun 24Jun 25Jun 26
ROE
Stuck low
latest 9.6% · span 7.0%–20.6%

Why it matters: with too little history, an honest page says so instead of guessing a trajectory.

One or more growth curves carry a base-effect spike — a large year-on-year move off a near-zero or loss-making comparable quarter. Those spikes are capped before the classifier reads the trajectory, and shown pinned on the chart, so a single distorted quarter does not drive the stage call.

Fewer than eight usable quarters on the growth curves — this page will not guess a trajectory from a stub of history.

Compound annual growth rate (%) Compound annual growth rate over each window, %. Revenue, profit and EPS from fiscal-year figures; share price is the price CAGR over the same spans. A dash = that window is not held, or the base was a loss.
1yr3yr5yr10yr
Revenue+10.2%+25.8%
Profit+24.0%+50.3%
EPS−11.8%+3.3%
Revenue YoY (Jun 26)
+22.4%
latest quarter vs a year ago
Profit YoY (Jun 26)
+0.0%
latest quarter vs a year ago
Revenue 10y
25.8%
long-run compound pace
04 · 4-Factor Sector Score

4-Factor Sector Score

55.5/100 — rank 6 of 16 in Finance - Capital Markets - Brokers · 62% evidence confidence

Anand Rathi Share & Stock Brokers Ltd scores 55.5 out of 100 against the 16 companies it is compared with in Finance - Capital Markets - Brokers, ranking 6. Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.

The four contributions add to the total exactly: 21 + 13.3 + 11.2 + 10 = 55.5. This is the SAME number shown on the sector comparison — it is computed once, for the whole peer set, and read here.

What would change it: The read weakens if ROA rolls over or gross NPA rises while sector-relative strength deteriorates.

05 · Revenue

Revenue For a bank, revenue is everything the franchise earns — interest on the loan book plus fee and other income.

Anand Rathi Share & Stock Brokers Ltd reported ₹246 Cr of income in the Jun 26 quarter, +22.4% year on year. That is the 3rd straight quarter of year-on-year growth. Over 3 years it has compounded at 25.8% a year. The last full year, FY26, came in at ₹932 Cr. The last four reported quarters add to ₹977 Cr.

FY26 revenue came in at ₹932 Cr (+10.2% on the year), capping 3 years at 25.8% compound. The latest quarter (Jun 26) printed ₹246 Cr, +22.4% year on year — the 3rd consecutive quarter of year-over-year growth.

FY26 revenue ₹932 Cr (+10.2% YoY) Revenue bars, ₹ Cr (left); YoY growth-% line (right). 4-year window. A bar is red when it is lower than the year before.
25.8% a year over 3 years
RevenueYoY growth
1.0k49%75538%50328%25218%07.4%₹ Cr%₹93210.2%FY23FY24FY26
1.0k49%75538%50328%25218%07.4%₹ Cr%₹93210.2%FY23FY24FY26
Jun 26: ₹246 Cr (+22.4% YoY) Quarterly revenue bars, ₹ Cr (left); YoY growth-% line (right). Last 12 quarters. A bar is red when it is lower than the quarter before.
3rd straight quarter of growth
Revenue (quarterly)YoY growth
27631%20721%13812%692.2%0−7.3%₹ Cr%₹24622.4%Jun 24Jun 25Jun 26
27631%20721%13812%692.2%0−7.3%₹ Cr%₹24622.4%Jun 24Jun 25Jun 26

Pace check: the last four quarters averaged +17.6% growth against the decade's 25.8% — the current year is running slower than its own long-run rate.

06 · Net margin

Net margin Net margin — what the bank keeps of every ₹100 of revenue after every cost, provision and tax. It is the cleanest single margin we can read for a lender.

Anand Rathi Share & Stock Brokers Ltd's net margin is 9.3% in the Jun 26 quarter, −2.1 percentage points against the same quarter a year ago. Across 4 fiscal years the net margin has ranged 8.1% to 13.8%. The current quarter sits inside that band.

The latest quarter's net margin is 9.3%, −2.1 pp against the same quarter a year ago. Across 4 fiscal years the net margin has ranged 8.1%–13.8%.

Why: the numbers show the net margin move clearly, but the cost lines behind it sit below what we hold — so we state the move without inventing its driver.

FY26: 13.8% Net margin by fiscal year, %, line (left); year-on-year change in the margin, in percentage points, line (right). 4-year window.
within a 8.1–13.8% band over 4 years
net marginYoY change (pp)
14%3.4%13%2.7%11%2.1%9.3%1.5%7.6%0.8%%%13.8%1.5%FY23FY24FY26
14%3.4%13%2.7%11%2.1%9.3%1.5%7.6%0.8%%%13.8%1.5%FY23FY24FY26
Jun 26: 9.3% net margin (−2.1 pp YoY) Quarterly net margin, %, line (left); year-on-year change in the margin, in percentage points, line (right). Last 12 quarters. Net profit as a share of total revenue, per quarter.
Net marginYoY change (pp)
17%8.3%15%5.2%13%2.1%11%−1.1%8.4%−4.2%%%9.3%−2.1%Jun 24Jun 25Jun 26
17%8.3%15%5.2%13%2.1%11%−1.1%8.4%−4.2%%%9.3%−2.1%Jun 24Jun 25Jun 26
07 · Net profit

Net profit Net profit is what survives every cost, interest and tax — the number EPS, dividends and book value all grow from.

Anand Rathi Share & Stock Brokers Ltd earned ₹23.0 Cr of net profit in the Jun 26 quarter, +0.0% year on year. Full-year FY26 profit was ₹129 Cr. The 3-year compound rate is 50.3%. That is 9.3% of the quarter's revenue. The same quarter a year earlier earned ₹23.0 Cr.

Jun 26 profit was ₹23.0 Cr, +0.0% year on year. On the full year, FY26 printed ₹129 Cr (+24.0%), and the 3-year compound rate is 50.3%.

FY26 profit ₹129 Cr (+24.0% YoY) Net profit bars, ₹ Cr (left); YoY growth-% line (right). 4-year window. A bar is red when it is lower than the year before.
50.3% a year over 3 years
Net profitYoY growth
139109%10486%7063%3541%018%₹ Cr%₹12924%FY23FY24FY26
139109%10486%7063%3541%018%₹ Cr%₹12924%FY23FY24FY26
Jun 26: ₹23.0 Cr (+0.0% YoY) Quarterly net profit bars, ₹ Cr (left); YoY growth-% line (right). Last 12 quarters. A bar is red when it is lower than the quarter before.
Net profit (quarterly)YoY growth
45146%34100%2354%117.6%0−39%₹ Cr%₹230%Jun 24Jun 25Jun 26
45146%34100%2354%117.6%0−39%₹ Cr%₹230%Jun 24Jun 25Jun 26

🚨 Why profit moved: revenue contributed +22.4% and the margin −2.1 pp — the quarter was revenue-led despite a thinner margin.

Pace comparison, last four quarters: profit +46.6% vs revenue +17.6%. Profit is growing faster than sales — fixed costs are being spread over a bigger base, and each extra rupee of revenue drops more to the bottom line.

08 · Asset quality — the ladder

Asset quality — the ladder Gross NPA is the slice of the loan book where repayments have stopped. Net NPA is what remains after the money already set aside against those loans. Falling is healing; rising is damage arriving.

Loan-book quality history is not available for Anand Rathi Share & Stock Brokers Ltd, so this section names the gap rather than estimating a ratio. No gross or net non-performing-asset series is filed in a form this page can read, and none is inferred from the profit line.

We do not hold quarterly loan-book quality numbers for this bank, so this section states that plainly rather than working around it.

Why: loan-book quality is the engine room of a bank, and its drivers — slippages, recoveries, provisioning — sit below what we hold for this name; the sections around it carry the reads we can stand behind.

09 · The loan book

The loan book We read the loan book through revenue — when the book grows, revenue grows with it. It is a rough proxy, and we say so: rate moves and fee swings can shift it a few points in any one year.

Anand Rathi Share & Stock Brokers Ltd's revenue grew +10.2% in FY26 to ₹932 Cr, so the book is growing. The latest quarter ran +22.4% year on year. The net margin on that income is 9.3%, −2.1 percentage points against a year ago.

FY26 revenue was ₹932 Cr, +10.2% on the year, and the latest quarter ran +22.4% year on year. The net margin on that revenue is 9.3% this quarter (−2.1 pp YoY) — growth with a narrowing margin on it.

FY26: revenue ₹932 Cr (+10.2% YoY) with the net margin at 13.8% Revenue by fiscal year, ₹ Cr (bars, left); net margin, % (line, right). 4-year window. A bar is red when it is lower than the year before.
RevenueNet margin
1.0k14%75513%50311%2529.3%07.6%₹ Cr%₹93213.8%FY23FY24FY26
1.0k14%75513%50311%2529.3%07.6%₹ Cr%₹93213.8%FY23FY24FY26

The synthesis: a lender compounds when the book grows while the margin holds and the loan book stays clean — gross NPA is the loan-quality read we carry here.

10 · Returns on equity and assets

Returns on equity and assets Two numbers usually rate a lender: ROE — what it earns on shareholder money — and ROA — what it earns on everything it deploys.

A clean annual return-on-equity ladder is not held for Anand Rathi Share & Stock Brokers Ltd. For an insurer especially the standard bank ratios are not the right lens, so this page does not force them onto the filings rather than estimating a series it cannot support.

We do not hold a clean annual return-on-equity series for Anand Rathi Share & Stock Brokers Ltd — for an insurer especially, the standard bank ratios are not the right lens, so this page does not force them. The revenue, margin and ownership sections above and below are the reads we stand behind.

11 · Debt

Debt

For a bank, borrowings are raw material, not a warning sign — solvency is read through the returns and the loan book. A manufacturer’s debt is a claim against its profits, so the debt-to-equity lens that works everywhere else misleads on a lender and is not applied here.

A manufacturer’s debt is a claim against its profits; a bank’s borrowings are its inventory — money taken in to be lent out. The debt lens that works everywhere else misleads here, so this page does not apply it. The solvency questions for a bank — is the loan book sound, is the equity earning — are read through the loan-book and returns sections above.

12 · Ownership

Ownership Who owns the stock, quarter by quarter: promoters (the controlling owners), foreign and domestic institutions, and the public. Steady accumulation by people close to the numbers is a signal; a quiet register is also an answer.

No holder of Anand Rathi Share & Stock Brokers Ltd moved a full percentage point over the last two years — the register is quiet. The register is read on the four disclosed classes only; nothing is inferred between filings.

The register over the last two years — .

A quiet register: no holder moved a full point in two years Shareholding by holder class, % of the company, quarterly, last 4 quarters.
PromotersForeign inst.Domestic inst.Public
76%55%35%15%−5.4%%69.6%0.1%4.1%26.2%Sep 25Dec 25Jun 26
76%55%35%15%−5.4%%69.6%0.1%4.1%26.2%Sep 25Dec 25Jun 26
13 · Safety line

Safety line The Z-score estimates how far a company sits from balance-sheet distress — above roughly 3 is safe, below roughly 1.8 is the danger zone. It was built for manufacturers, so it is not applied to banks and lenders.

Anand Rathi Share & Stock Brokers Ltd: the Z-score is omitted — it was built for manufacturers, not banks, and applying it here would be theatre. The Z-score was built for manufacturers and is not applied to banks and lenders, so solvency here is read from the capital and asset-quality lines instead.

The safety line in one sentence: the Z-score is omitted — it was built for manufacturers, not banks, and applying it here would be theatre.

14 · Related companies · Finance - Capital Markets - Brokers
CompanyScorePrice stageGrowth & earnings/35Capital efficiency/25Valuation/20Relative strength/20
1Indo Thai Securities LtdINDOTHAI 76.4/100Favorable setup76% evidence ASLEEP 32.5/35 Income 100% · PAT 100% 86% evidence 19.4/25 ROA 17.6% · ROE 28.6% · GNPA — 72% evidence 12.9/20 P/BV 4.11× · P/BV÷ROE 0.14 70% evidence 11.6/20 RS sector 27.7% · RS bench -24.3% · 1Y 13.8%0 of 10 weeks ahead 70% evidence
Exact sum: 32.5 + 19.4 + 12.9 + 11.6 = 76.4 · Decision use: Confirmed research leader: earnings, capital efficiency and relative strength agree. Move to management, catalyst and risk diligence.
2Paisalo Digital LtdPAISALO 66.2/100Favorable setup96% evidence LEADER 22.6/35 Income 22.3% · PAT 19.1% 88% evidence 18.9/25 ROA 3.8% · ROE 14.3% · GNPA 0.7% 100% evidence 4.7/20 P/BV 3.61× · P/BV÷ROE 0.25 100% evidence 20.0/20 RS sector 50.8% · RS bench 65.2% · 1Y 118.9%12 of 12 weeks ahead 100% evidence
Exact sum: 22.6 + 18.9 + 4.7 + 20 = 66.2 · Decision use: Strong business, demanding price: keep it on the quality list, but require either earnings upgrades or valuation compression.
3Monarch Networth Capital LtdMONARCH 61.9/100Mixed-positive evidence78% evidence TURNING 19.5/35 Income 13.8% · PAT 20.7% 75% evidence 19.6/25 ROA 11.5% · ROE 20.5% · GNPA — 72% evidence 13.2/20 P/BV 3.17× · P/BV÷ROE 0.15 100% evidence 9.6/20 RS sector -14.3% · RS bench 23.2% · 1Y 6.5%10 of 11 weeks ahead 70% evidence
Exact sum: 19.5 + 19.6 + 13.2 + 9.6 = 61.9 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
4Share India Securities LtdSHAREINDIA 58.7/100Mixed-positive evidence76% evidence TURNING 18.0/35 Income 14.7% · PAT 17.8% 86% evidence 15.7/25 ROA 7.1% · ROE 13% · GNPA — 72% evidence 15.5/20 P/BV 1.48× · P/BV÷ROE 0.11 70% evidence 9.5/20 RS sector -13.8% · RS bench 15.5% · 1Y 3.8%4 of 11 weeks ahead 70% evidence
Exact sum: 18 + 15.7 + 15.5 + 9.5 = 58.7 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
5Choice International LtdCHOICEIN 56.6/100Mixed-positive evidence61% evidence TURNING 24.1/35 Income 23% · PAT 46% 45% evidence 17.8/25 ROA 7.7% · ROE 16.1% · GNPA — 68% evidence 3.6/20 P/BV 10.97× · P/BV÷ROE 0.68 70% evidence 11.1/20 RS sector -3.1% · RS bench 7.2% · 1Y 9.5%4 of 10 weeks ahead 70% evidence
Exact sum: 24.1 + 17.8 + 3.6 + 11.1 = 56.6 · Decision use: Confirmed research leader: earnings, capital efficiency and relative strength agree. Move to management, catalyst and risk diligence.
6Anand Rathi Share & Stock Brokers Ltdthis pageARSSBL 55.5/100Mixed-positive evidence62% evidence ASLEEP 21.0/35 Income 16.9% · PAT 35.4% 86% evidence 13.3/25 ROA 1.8% · ROE 14% · GNPA — 72% evidence 11.2/20 P/BV 2.38× · P/BV÷ROE 0.17 70% evidence 10.0/20 RS sector — · RS bench — · 1Y —4 of 10 weeks ahead 0% evidence
Exact sum: 21 + 13.3 + 11.2 + 10 = 55.5 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
7Angel One LtdANGELONE 48.4/100Mixed-negative evidence88% evidence FADING 14.1/35 Income 9.1% · PAT 3.9% 86% evidence 16.3/25 ROA 3.8% · ROE 15.6% · GNPA — 72% evidence 7.9/20 P/BV 4.43× · P/BV÷ROE 0.28 100% evidence 10.1/20 RS sector -2.1% · RS bench 8.1% · 1Y 9.6%9 of 12 weeks ahead 100% evidence
Exact sum: 14.1 + 16.3 + 7.9 + 10.1 = 48.4 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
8SMC Global Securities LtdSMCGLOBAL 47.5/100Mixed-negative evidence80% evidence TURNING 13.0/35 Income 12.3% · PAT -11.3% 81% evidence 11.5/25 ROA 1.8% · ROE 8.1% · GNPA — 68% evidence 12.2/20 P/BV 1.3× · P/BV÷ROE 0.16 100% evidence 10.8/20 RS sector -4.4% · RS bench 11.9% · 1Y 10%5 of 10 weeks ahead 70% evidence
Exact sum: 13 + 11.5 + 12.2 + 10.8 = 47.5 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
9IIFL Capital Services LtdIIFLCAPS 46.7/100Mixed-negative evidence67% evidence LEADER 11.9/35 Income 2.1% · PAT -19% 52% evidence 15.2/25 ROA — · ROE 20.2% · GNPA — 34% evidence 9.4/20 P/BV 3.43× · P/BV÷ROE 0.17 100% evidence 10.2/20 RS sector -6.4% · RS bench 3.8% · 1Y 10.1%11 of 12 weeks ahead 100% evidence
Exact sum: 11.9 + 15.2 + 9.4 + 10.2 = 46.7 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
10Meghna Infracon Infrastructure Ltd538668 46.2/100Thin evidence · provisional58% evidence FADING 14.8/35 Income 15.8% · PAT -42.8% 45% evidence 15.8/25 ROA — · ROE 21.9% · GNPA — 34% evidence 3.0/20 P/BV 58.02× · P/BV÷ROE 2.65 70% evidence 12.6/20 RS sector 5.6% · RS bench 16.8% · 1Y 26.7%10 of 12 weeks ahead 100% evidence
Exact sum: 14.8 + 15.8 + 3 + 12.6 = 46.2 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
11Summit Securities LtdSUMMITSEC 41.4/100Mixed-negative evidence67% evidence ASLEEP 23.5/35 Income 30.2% · PAT 54.4% 45% evidence 6.2/25 ROA 1.1% · ROE 1.1% · GNPA — 68% evidence 8.6/20 P/BV 0.19× · P/BV÷ROE 0.17 70% evidence 3.1/20 RS sector -27.3% · RS bench -18.7% · 1Y -27.6%0 of 12 weeks ahead 100% evidence
Exact sum: 23.5 + 6.2 + 8.6 + 3.1 = 41.4 · Decision use: Acceleration candidate, not a confirmed leader: earnings are strong but sector-relative strength is -27.3% and the one-year return is -27.6%. Do not upgrade until sector-relative strength is above zero and another reported period confirms growth.
12Geojit Financial Services LtdGEOJITFSL 34.7/100Adverse evidence61% evidence TURNING 9.0/35 Income -5.5% · PAT -52.3% 52% evidence 10.8/25 ROA — · ROE 7.3% · GNPA — 34% evidence 7.4/20 P/BV 1.78× · P/BV÷ROE 0.24 100% evidence 7.5/20 RS sector -16.6% · RS bench 4.5% · 1Y 2.4%10 of 10 weeks ahead 70% evidence
Exact sum: 9 + 10.8 + 7.4 + 7.5 = 34.7 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
135paisa Capital Ltd5PAISA 30.5/100Adverse evidence80% evidence TURNING 8.6/35 Income -1.8% · PAT -26.7% 81% evidence 11.2/25 ROA 2.3% · ROE 7% · GNPA — 68% evidence 4.5/20 P/BV 2.53× · P/BV÷ROE 0.36 100% evidence 6.2/20 RS sector -18.5% · RS bench 2.7% · 1Y -10%3 of 10 weeks ahead 70% evidence
Exact sum: 8.6 + 11.2 + 4.5 + 6.2 = 30.5 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
14Arihant Capital Markets LtdARIHANTCAP 28.9/100Adverse evidence80% evidence TURNING 6.7/35 Income 3.6% · PAT -26.4% 81% evidence 11.7/25 ROA 2.8% · ROE 7.7% · GNPA — 68% evidence 6.5/20 P/BV 1.95× · P/BV÷ROE 0.25 100% evidence 4.0/20 RS sector -20.8% · RS bench -9.7% · 1Y -22.8%2 of 10 weeks ahead 70% evidence
Exact sum: 6.7 + 11.7 + 6.5 + 4 = 28.9 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
15Emkay Global Financial Services LtdEMKAY 25.0/100Adverse evidence80% evidence TURNING 9.9/35 Income 21.3% · PAT -59.1% 81% evidence 5.9/25 ROA 0.9% · ROE 4.5% · GNPA — 68% evidence 2.8/20 P/BV 1.67× · P/BV÷ROE 0.37 100% evidence 6.4/20 RS sector -11.5% · RS bench -7.4% · 1Y -3.5%5 of 10 weeks ahead 70% evidence
Exact sum: 9.9 + 5.9 + 2.8 + 6.4 = 25 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
16Billionbrains Garage Ventures LtdGROWW 54.8/100Thin evidence · provisional41% evidence ASLEEP 24.7/35 Income 37.7% · PAT 30.9% 52% evidence 16.3/25 ROA — · ROE 28.8% · GNPA — 34% evidence 3.8/20 P/BV 12.6× · P/BV÷ROE 0.44 70% evidence 10.0/20 RS sector — · RS bench — · 1Y —8 of 12 weeks ahead 0% evidence
Exact sum: 24.7 + 16.3 + 3.8 + 10 = 54.8 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.

Missing observations are not scored as bad. Their missing weight lowers confidence and pulls the final score toward neutral. Financial companies use P/BV÷ROE and asset quality; PEG, industrial OPM and ROCE are excluded. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step curve the sector itself is placed on — basing, turning, breaking out, leader, fading, asleep — read from how many weeks running it has led NIFTY 500 and whether that lead is widening or shrinking. It describes where the PRICE stands, not the earnings trajectory and not a recommendation, and it is left blank for a company whose weekly history is too short or too stale to read.

15 · Frequently asked questions

Frequently asked questions

What is Anand Rathi Share & Stock Brokers Ltd's share price today?

Anand Rathi Share & Stock Brokers Ltd trades at ₹511. The company is valued at ₹3,221 Cr. The stock sits at 24% of its 52-week range of ₹439–₹733, −4.8% versus its 200-day average. On the tape, the price is topping out, 3 weeks in. — as of 31 July 2026.

What were Anand Rathi Share & Stock Brokers Ltd's latest quarterly results?

Anand Rathi Share & Stock Brokers Ltd reported total income of ₹246 Cr and net profit of ₹23.0 Cr for the Jun 26 quarter. Income rose 22.4% and profit rose 0.0% year on year. Earnings per share were ₹3.70. — as of 31 July 2026.

What is Anand Rathi Share & Stock Brokers Ltd's revenue?

Anand Rathi Share & Stock Brokers Ltd reported revenue of ₹246 Cr in the Jun 26 quarter, +22.4% year on year. For the full FY26 fiscal year, revenue was ₹932 Cr (+10.2%). Over the last 3 years revenue compounded at 25.8% a year. — as of 31 July 2026.

What is Anand Rathi Share & Stock Brokers Ltd's profit?

Anand Rathi Share & Stock Brokers Ltd earned ₹23.0 Cr of net profit in the Jun 26 quarter, +0.0% year on year. Full-year FY26 profit was ₹129 Cr. The net margin ran 9.3% in the latest quarter. — as of 31 July 2026.

What is Anand Rathi Share & Stock Brokers Ltd's market cap?

Anand Rathi Share & Stock Brokers Ltd's market capitalisation is ₹3,221 Cr at a share price of ₹511. Market cap is the share price multiplied by shares outstanding, so it is restated whenever the price moves. — as of 31 July 2026.

What is Anand Rathi Share & Stock Brokers Ltd's P/BV ratio?

Anand Rathi Share & Stock Brokers Ltd trades at a P/BV of 2.4×, at the 8th percentile of its own 1-year range, against a long-run median of 2.6×. This is a comparison with the stock's own history, not a value call — as of 31 July 2026.

Does Anand Rathi Share & Stock Brokers Ltd pay a dividend?

Yes — Anand Rathi Share & Stock Brokers Ltd's dividend payout was 24% of profit in FY26, and it recorded a payout in 2 of its last 4 reported fiscal years. This page holds the payout ratio, not a per-share amount. — as of 31 July 2026.

Is Anand Rathi Share & Stock Brokers Ltd overvalued?

On its own history, Anand Rathi Share & Stock Brokers Ltd looks cheap against its own history: its P/BV of 2.4× has been cheaper only 8% of the time in 1 years (long-run median 2.6×). That is a percentile read against the stock's own past, not a price opinion or a direction call. — as of 31 July 2026.

Is Anand Rathi Share & Stock Brokers Ltd growing?

The picture is mixed for Anand Rathi Share & Stock Brokers Ltd: latest-quarter revenue +22.4% year on year, profit +0.0%, and the the net margin −2.1 pp at 9.3%. The 3-year compound rates are 25.8% (revenue) and 50.3% (profit). The earnings engine currently reads: mixed — as of 31 July 2026.

How is Anand Rathi Share & Stock Brokers Ltd performing?

Anand Rathi Share & Stock Brokers Ltd is topping out, 3 weeks in. Its latest quarter's income rose 22.4% and profit rose 0.0% year on year. Against the NIFTY 500 it has been behind on a trailing-13-week view for 3 weeks. This describes what the data did, not a rating. — as of 31 July 2026.

Is Anand Rathi Share & Stock Brokers Ltd in an uptrend?

It is stalling — the price is topping out (week 3 of stage 3), trading −4.8% versus its 200-day average and at 24% of its 52-week range. Price stages cycle base → advance → top → decline, and the stage names where this stock sits in that cycle — as of 31 July 2026.

Is Anand Rathi Share & Stock Brokers Ltd beating the market?

Not lately — on a trailing-13-week view Anand Rathi Share & Stock Brokers Ltd is currently behind the NIFTY 500 (3 weeks and counting; last ahead the week of 2026-07-10), the same metric the week-by-week ribbon on this page draws. Separately, on the cumulative view: over the last 10 months the stock moved +11% against the NIFTY 500's +2% — ahead of the index over the full window. — as of 31 July 2026.

Will Anand Rathi Share & Stock Brokers Ltd's share price go up?

This page publishes no price forecast for Anand Rathi Share & Stock Brokers Ltd. What it measures instead: the share price is ₹511, the price is topping out 3 weeks in. Its P/BV of 2.4× sits at the 8th percentile of its own 1-year range. — as of 31 July 2026.

Who owns Anand Rathi Share & Stock Brokers Ltd?

Promoters hold 69.6% of Anand Rathi Share & Stock Brokers Ltd, foreign institutions 0.1%, domestic institutions 4.1% and the public 26.2% (latest quarter). No holder moved a full point over the last two years — the register is quiet. — as of 31 July 2026.

Is Anand Rathi Share & Stock Brokers Ltd's loan book healthy?

We do not hold quarterly loan-book quality numbers for Anand Rathi Share & Stock Brokers Ltd, so this page says that plainly. The cleanest available reads are revenue growth (+10.2% in FY26) and the net margin on it (9.3%) — as of 31 July 2026.

Where is Anand Rathi Share & Stock Brokers Ltd in its business cycle?

Anand Rathi Share & Stock Brokers Ltd's FY26 net margin was 13.8%, against a 4-year band of 8.1%–13.8%: mid-band by its own history — neither the peak that precedes mean-reversion nor the trough that precedes recovery. The latest quarter ran 9.3%. Profitability versus a company's own long band is the cleanest cycle clock this page holds — as of 31 July 2026.

What could break the Anand Rathi Share & Stock Brokers Ltd story?

Biggest watch item: the price is not yet in a confirmed uptrend — timing risk, not thesis risk. Mechanically, two Friday closes in a row below the 200-day average would end the price trend — that is the exit rule this page tracks — as of 31 July 2026.

Is Anand Rathi Share & Stock Brokers Ltd a stock worth studying right now?

This is not investment advice. The machine read: Anand Rathi Share & Stock Brokers Ltd's three tracks disagree. Price, valuation and the earnings engine each tell a different story — the next quarter or two settles it. The sharpest open question: the next one or two quarters of delivery. Every number on this page is drawn deterministically from the raw series, with no forecasts and no price opinions — as of 31 July 2026.

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