Investor Presentation

ANANDRATHI Private Wealth. uncomplicated Ref No: 45/2026-27 Date: 09th July, 2026 The Manager, The Manager, Listing Department, Listing Department, The National Stock Exchange of India Ltd., BSE Limited, Exchange Plaza, 5th Floor, Plot C/1, G Block, Phiroze Jeejeebhoy Tower, Bandra - Kurla Complex, Bandra (E), Dalal Street, Mumbai - 400 001. Mumbai - 400 051. Tel No.: 2659 8235 Tel no.: 22721233 Fax No.: 26598237/ 26598238 Fax No.: 22723719/ 22723121/ 22722037 Trading Symbol: ANANDRATHI Scrip Code: 543415 Subject: Submission of Investor Presentation for the First Quarter ended 30th June, 2026 Dear Sir/Madam, In terms of Regulation 30 read with Para A of Part A of Schedule III the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are enclosing herewith the investor presentation for the first quarter ended 30th June, 2026. We request you to kindly take the above on record. Thanking You, Yours faithfully, For Anand Rathi Wealth Limited Pravin Jogani Company Secretary and Compliance Officer M. No. A25413 Enclosed: As above ANAND RATHI WEALTH LIMITED (Formerly known as Anand Rathi Wealth Services Limited) Private Wealth. uncomplicated Registered Office: Floor No. 2, Block B & C, E-Wing, Trade Link, Kamala Mills Compound, Senapati Bapat Marg, Lower Parel, Mumbai -400 013, I Board Line No.: 022 69815400 I Website: www.anandrathiwealth.in AMFI-Registered Mutual Fund Distributor GIN No.: L67120MH1995PLC086696 ANAND RATHI WEALTH LIMITED ANAND RATHI WEALTH LIMITED I N V E S T O R P R E S E N T A T I O N Quarter ended 30th June 2026 TH E PEOPL E BEH I ND Uncomplicated Wealth ANANDRATHI Index Index Private Wealth. uncomplicated Consolidated Highlights 0022 Private Wealth Business Future Unlocking of India’s Wealth Story Digital Businesses Annexures Building a Wealth Management Business Building a Wealth Management Business ANANDRATHI Private Wealth. uncomplicated It is not a capital race — it is a credibility marathon 1 Wealth Management Is Not a Capital Business 5 Transparency with Clients Is Non-Negotiable • A relationship manager cannot handle thousands of • Zero secrets with the client about how much you clients. earn. • The business is inherently linear, not exponential. • Transparency protects the franchise. 2 This Is a Business of Patience and Time, Not • True client centricity lies in selling what you buy, not selling what sells. Speed 6 Relationship Managers Do Not Scale Like • Speed and Capital did not translate into sustainable Startups so built RMs Rather Buying RMs. business. • Aggressive hiring alone does not build a wealth Wealth Management Is a Business of business. It takes nearly five years for an RM to MMrr.. RRaakkeeshsh R Rawawalal Backward Integration Executive Director & CEO become successful. • Distribution first → Manufacturing later. Focus on Wealth & Not on Capital • Manufacturing mistakes are far more damaging. 7 i , • Wealth, by definition, is intergenerational. • Focus on intergenerational wealth, not buoyant capital. ~tte,?, 4 Every Leader Must First Be a Relationship • Being everything to everyone is unrealistic. Stay Manager focused. • True empathy for RMs and clients can only be built if there is no administrative leadership. 8 If You Want RMs to Stay Long, the Platform ' • / .a 1 Has to Think Longer • Leadership at all levels — CEO, Joint CEO, Unit • Don’t change incentive formulae in short term for long ~ Heads, Team Leaders—and even support functions term benefits. MMrr.. FFeerroozzee A Azezeezez like Product must actively contribute as Relationship • Remuneration should be earned through results, not Joint Chief Executive Officer Managers. years of service Consolidated Highlights QQ uu ii cc kk G G lal na cn ece ANANDRATHI Private Wealth. uncomplicated Consolidated Financial Highlights · Rs. Crores Particulars Q1FY26 Q1FY27 Y/Y% Revenue from Operations 274.0 322.0 17.5% Total Revenue 284.1 336.4 18.4% Employee Benefit Expenses 114.8 130.2 13.4% Other Expenses 43.1 49.9 15.8% Total Cost 157.9 180.1 14.1% PBT 126.2 156.3 23.8% PAT 93.8 115.9 23.5% PAT Margin (%) 33.0 34.4 AUM 87,797 1,06,300 21.1% Q1FY27 results exclude fair value gains on investments, ESOP expenses, and related tax effects. Financial Performance For Q1FY27 Consolidated Financial Highlights · Rs. Crores Total Revenue Profit After Tax & Margin Asset Under Management 3 4 . 4 1 F Y Equity MF SP Debt MF Others 87,797 54% 52% Jun-25 Jun-26 1 , 0 6 , 3 0 0 18% Y/Y 24% Y/Y Q1FY27 results exclude fair value gains on investments, ESOP expenses, and related tax effects. 2 6 Q 1 2 1 % Y / Y Financial Performance For QtFY ANANDRATHI Private Wealth. uncomplicated D D D ------ ---- Business Performance For Q1FY27 Consolidated Financial Highlights · Rs. Crores Equity Mutual Funds Total Net-Inflows Monthly SIP Inflows Net-Inflows 2 6 Q 1,983 1,902 Q1FY26 Q1FY27 J u - 2 5 J u - 2 6 Business Performance For Q1FY ANANDRATHI Private Wealth. uncomplicated Market Share - Equity Mutual Fund ANANDRATHI Market Share – Equity Mutual Fund Private Wealth. uncomplicated Category II Growth/Equity Oriented Schemes — AMFI Data NET INFLOWS MARKET SHARE Period Industry (Cr) ARWL (Cr) Market Share FY20 83,787 153 0.18% FY25 4,17,053 7,706 1.85% FY26 3,46,536 7,969 2.30% AUM MARKET SHARE Period Industry (Cr) ARWL (Cr) Market Share Mar-19 8,04,856 8,098 1.01% Mar-25 29,45,306 40,781 1.38% Mar-26 31,97,698 47,238 1.48% Increasing net inflows market share and better mark-to-market (MTM) gain will leads to a rise in AUM market share. 8 ANANDRATHI Actuals Vs. Guidance - FY Actuals Vs. Guidance — FY2277 Private Wealth. uncomplicated Guidance Actuals Achieved Particulars Given for FY27 for Q1FY27 % of Guidance (Rs. Cr) (Rs. Cr) Revenue 1,415 336 24% Profit after tax 460 116 25% Asset under management (AUM) 1,20,000 1,06,300 Actuals for Q1FY27 & Guidance given for FY27 exclude fair value gains on investments, ESOP expenses, and related tax effects. Private Wealth Business Key Operational Highlights For Q1FY27 Asset Under Relationship Active Client Families AUM Per RM Client Per RM Management Managers (Nos.) (Rs. Cr) (Nos.) (Rs. Cr) (Nos.) 1,03,774 85,742 Q1FY26 Q1FY27 2 6 Q 1 2 7 Q ,3 3 2 6 Q ,9 4 2 7 Q 1 2 6 Q 1 2 7 Q 1 Y 2 6 Q 1 Y 2 7 Key Operational Highlights For QtFY ANANDRATHI Private Wealth. uncomplicated ANANDRATHI Three Important Stake Holders Three Important Stake Holders Private Wealth. uncomplicated ))) Lowest regret RM attrition in industry ))) Consistent incentive payout structure for last 19 years Employees 1 Employees ))) Great place to work for 8 years ))) A robust capability-building program that delivered more than 6,500 person- hours in Q1FY27. ))) Portfolio returns of ~14%-15% with beta of 0.6 with Nifty leading to Jensen’s Alpha 2 Clients of 4%-5% Clients ))) Holistic wealth management solutions ))) Consistent and market agnostic performance Shareholders 3 Shareholders »> Best ROE of 40%+ ))) Consistent dividend payments and buy-back ))) Periodic issuance of bonus shares (in FY17, FY22, FY25 & FY27) Increasing Share of RMs Managing Higher AUM Bucket wise AUM of RMs Bucket wise AUM of RMs Regret RM Attrition* 129 151 76% 79% 94 91 One of the lowest regret RM attrition in the industry 159 175 16% 12% 8% 9% No. of RMs AUM (%) No. of RMs AUM (%) June-25 June-26 Q 1 F Y 2 6 Q 1 F Y 2 7 Increasing Share of RMs Managing Higher AUM ANANDRATHI Private Wealth. uncomplicated 0 <100 Cr O 100-200 Cr ■>200 Cr *RM with AUM greater than Rs. 40 Crores ANANDRATHI Focused on More Rewarding HNI Segment Focused on More Rewarding HNI Segment Private Wealth. uncomplicated Share in AUM 30.1% These were mostly HNIs when they were Rs. 50 Crores on-boarded and have subsequently (16.6%) & above elevated as UHNIs over a period Target Segment – slower and 50.8% Rs. 5-50 Crores difficult to build but more (48.9%) sustainable and scalable 19.1% Clients yet to allocate their Rs. 50 Lakhs- 5 Crores entire portfolio to us (34.4%) Our clients in the range of AUM between Rs.50 [Showing first 8,000 characters — download PDF for full document]