Anand Rathi Share and Stock Brokers Limited has announced its financial results for the third quarter and nine months ended December 31, 2025. The company reported a significant increase in profitability, with Profit After Tax (PAT) rising by 71.8% year-on-year to ₹370.0 Mn (₹37 Crore) for Q3FY26.

Total Revenue from Operations for the quarter grew by 21.5% year-on-year to ₹2,482.0 Mn (₹248.2 Crore). EBITDA also saw a substantial increase of 31.5% to ₹1,011.5 Mn (₹101.15 Crore), with an improved EBITDA margin of 40.8% compared to 37.6% in the same quarter last year.

The investor presentation highlights key operational updates, including a 47.7% year-on-year increase in Assets under Custody to ₹1,057,727 Mn (₹1,05,772.7 Crore) and a 46.1% rise in the MTF Book to ₹12,316.7 Mn (₹1,231.67 Crore).

The company's revenue bifurcation shows a diversification strategy, with the non-broking segment's share steadily increasing. The broking segment's active clients grew, and brokerage income saw a healthy rise. The Margin Trade Facility (MTF) segment continues to be a core growth engine, with the MTF book increasing to ₹12,317 Mn and interest income from MTF growing by 46% year-on-year.

For the nine months ended December 31, 2025 (9MFY26), Total Revenue from Operations increased by 4.7% to ₹6,765.1 Mn (₹676.51 Crore), while PAT saw a marginal increase of 3% to ₹877.2 Mn (₹87.72 Crore). The company's Debt Equity Ratio stands at a healthy 0.59.