{"id":299568,"date":"2026-10-09T17:00:28","date_gmt":"2026-10-09T11:30:28","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=299568"},"modified":"2026-10-09T17:00:28","modified_gmt":"2026-10-09T11:30:28","slug":"anand-rathi-share-and-stock-brokers-share-price-target-2027","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/anand-rathi-share-and-stock-brokers-share-price-target-2027\/","title":{"rendered":"Anand Rathi Share and Stock Brokers Share Price Target 2027: Base and Bull Targets Built on FY26 Earnings"},"content":{"rendered":"<p style=\"border-left:4px solid #1F4E79;background:#EBF3FB;padding:10px 16px;font-style:italic;\"><em>Anand Rathi Share and Stock Brokers share price Rs 537.10 (9 October 2026). Base target Rs 610, bull Rs 738, downside risk Rs 430. PE 26.13. 52W range Rs 416.00 to Rs 794.85.<\/em><\/p>\n<div style=\"background:#F0F9FF;border-left:4px solid #2E7D32;border-radius:6px;padding:14px 18px;margin:18px 0;\">\n<p style=\"margin:0;color:#1F4E79;font-size:14px;\"><strong>Quick Answer<\/strong><\/p>\n<p style=\"margin:8px 0 0;\">The Anand Rathi Share and Stock Brokers share price target for 2027 is Rs 610, about 13.6% above the current price of Rs 537.10. The bull case is Rs 738, and the downside risk level, which is not a target, is Rs 430. The base case assumes earnings per share grow 13.4% a year, the pace seen from FY24 to FY26, with the stock holding its PE of 26.13. These are model-based estimates built from reported financials, not guaranteed outcomes.<\/p>\n<\/p><\/div>\n<p>Investors weighing an Anand Rathi Share and Stock Brokers target price for 2027 should start with where the stock sits today. At Rs 537.10 on 9 October 2026, it is 32.4% below its 52-week high of Rs 794.85 and 29.1% above its 52-week low of Rs 416.00. That range spans 91% from low to high, so the entry point matters as much as the Anand Rathi Share and Stock Brokers price forecast itself.<\/p>\n<p>This article builds the Anand Rathi Share and Stock Brokers share price target from reported numbers only: four years of annual results, the last five quarters, the latest shareholding pattern and current valuation ratios from company filings and exchange data. Each scenario shows its assumptions, so you can see exactly how the Rs 610 base case and the Rs 738 bull case were reached, along with a downside risk level of Rs 430.<\/p>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&amp;utm_medium=anand-rathi-share-and-stock-brokers-share-price-target-2027\"><strong>Click Here &#8211; Get Free Investment Predictions<\/strong><\/a><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/anand-rathi-share-and-stock-brokers-share-price-target-2027\/#Anand_Rathi_Share_and_Stock_Brokers_Stock_Analysis_Company_Overview_and_Key_Stats\" title=\"Anand Rathi Share and Stock Brokers Stock Analysis: Company Overview and Key Stats\">Anand Rathi Share and Stock Brokers Stock Analysis: Company Overview and Key Stats<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/anand-rathi-share-and-stock-brokers-share-price-target-2027\/#Why_Is_Anand_Rathi_Share_and_Stock_Brokers_Share_Price_Target_Set_at_Rs_610_for_2027\" title=\"Why Is Anand Rathi Share and Stock Brokers Share Price Target Set at Rs 610 for 2027?\">Why Is Anand Rathi Share and Stock Brokers Share Price Target Set at Rs 610 for 2027?<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/anand-rathi-share-and-stock-brokers-share-price-target-2027\/#Earnings_Growth_Behind_the_Anand_Rathi_Share_and_Stock_Brokers_Target_Price_Four_Years_of_Results\" title=\"Earnings Growth Behind the Anand Rathi Share and Stock Brokers Target Price: Four Years of Results\">Earnings Growth Behind the Anand Rathi Share and Stock Brokers Target Price: Four Years of Results<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/anand-rathi-share-and-stock-brokers-share-price-target-2027\/#Margins_and_the_Latest_Quarter\" title=\"Margins and the Latest Quarter\">Margins and the Latest Quarter<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/anand-rathi-share-and-stock-brokers-share-price-target-2027\/#Balance_Sheet_and_Cash_Flow\" title=\"Balance Sheet and Cash Flow\">Balance Sheet and Cash Flow<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/anand-rathi-share-and-stock-brokers-share-price-target-2027\/#Valuation_Check_for_the_Anand_Rathi_Share_and_Stock_Brokers_Stock_Target_PE_Price_to_Book_and_ROE\" title=\"Valuation Check for the Anand Rathi Share and Stock Brokers Stock Target: PE, Price to Book and ROE\">Valuation Check for the Anand Rathi Share and Stock Brokers Stock Target: PE, Price to Book and ROE<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/anand-rathi-share-and-stock-brokers-share-price-target-2027\/#Shareholding_Pattern_and_Institutional_Holding\" title=\"Shareholding Pattern and Institutional Holding\">Shareholding Pattern and Institutional Holding<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/anand-rathi-share-and-stock-brokers-share-price-target-2027\/#Anand_Rathi_Share_and_Stock_Brokers_Share_Price_Targets_for_the_Short_Term_and_12_Months\" title=\"Anand Rathi Share and Stock Brokers Share Price Targets for the Short Term and 12 Months\">Anand Rathi Share and Stock Brokers Share Price Targets for the Short Term and 12 Months<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/anand-rathi-share-and-stock-brokers-share-price-target-2027\/#Short_Term_Anand_Rathi_Share_and_Stock_Brokers_Stock_Target_Levels_Technical_Setup\" title=\"Short Term Anand Rathi Share and Stock Brokers Stock Target Levels: Technical Setup\">Short Term Anand Rathi Share and Stock Brokers Stock Target Levels: Technical Setup<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/anand-rathi-share-and-stock-brokers-share-price-target-2027\/#12_Month_Anand_Rathi_Share_and_Stock_Brokers_Target_Price_for_2027\" title=\"12 Month Anand Rathi Share and Stock Brokers Target Price for 2027\">12 Month Anand Rathi Share and Stock Brokers Target Price for 2027<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/anand-rathi-share-and-stock-brokers-share-price-target-2027\/#How_EPS_Growth_and_PE_Multiple_Change_the_Anand_Rathi_Share_and_Stock_Brokers_Target_Price\" title=\"How EPS Growth and PE Multiple Change the Anand Rathi Share and Stock Brokers Target Price\">How EPS Growth and PE Multiple Change the Anand Rathi Share and Stock Brokers Target Price<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/anand-rathi-share-and-stock-brokers-share-price-target-2027\/#Bull_Case_and_Downside_Risk_for_Anand_Rathi_Share_and_Stock_Brokers_Stock_Target_in_2027\" title=\"Bull Case and Downside Risk for Anand Rathi Share and Stock Brokers Stock Target in 2027\">Bull Case and Downside Risk for Anand Rathi Share and Stock Brokers Stock Target in 2027<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/anand-rathi-share-and-stock-brokers-share-price-target-2027\/#Bull_Case_Rs_738\" title=\"Bull Case Rs 738\">Bull Case Rs 738<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/anand-rathi-share-and-stock-brokers-share-price-target-2027\/#Downside_Risk_Level_Rs_430\" title=\"Downside Risk Level Rs 430\">Downside Risk Level Rs 430<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/anand-rathi-share-and-stock-brokers-share-price-target-2027\/#Key_Risks_to_the_Anand_Rathi_Share_and_Stock_Brokers_Target_Price_for_2027\" title=\"Key Risks to the Anand Rathi Share and Stock Brokers Target Price for 2027\">Key Risks to the Anand Rathi Share and Stock Brokers Target Price for 2027<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/univest.in\/blogs-2\/anand-rathi-share-and-stock-brokers-share-price-target-2027\/#Growth_Slowdown_Risk_for_the_Anand_Rathi_Share_and_Stock_Brokers_Price_Target\" title=\"Growth Slowdown Risk for the Anand Rathi Share and Stock Brokers Price Target\">Growth Slowdown Risk for the Anand Rathi Share and Stock Brokers Price Target<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/univest.in\/blogs-2\/anand-rathi-share-and-stock-brokers-share-price-target-2027\/#Liquidity_and_Size_Risk\" title=\"Liquidity and Size Risk\">Liquidity and Size Risk<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/univest.in\/blogs-2\/anand-rathi-share-and-stock-brokers-share-price-target-2027\/#Valuation_and_Margin_Risk\" title=\"Valuation and Margin Risk\">Valuation and Margin Risk<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-19\" href=\"https:\/\/univest.in\/blogs-2\/anand-rathi-share-and-stock-brokers-share-price-target-2027\/#Market_and_Technical_Risk\" title=\"Market and Technical Risk\">Market and Technical Risk<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-20\" href=\"https:\/\/univest.in\/blogs-2\/anand-rathi-share-and-stock-brokers-share-price-target-2027\/#How_to_Invest_in_Anand_Rathi_Share_and_Stock_Brokers\" title=\"How to Invest in Anand Rathi Share and Stock Brokers\">How to Invest in Anand Rathi Share and Stock Brokers<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-21\" href=\"https:\/\/univest.in\/blogs-2\/anand-rathi-share-and-stock-brokers-share-price-target-2027\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-22\" href=\"https:\/\/univest.in\/blogs-2\/anand-rathi-share-and-stock-brokers-share-price-target-2027\/#FAQs_on_Anand_Rathi_Share_and_Stock_Brokers_Share_Price_Target_2027\" title=\"FAQs on Anand Rathi Share and Stock Brokers Share Price Target 2027\">FAQs on Anand Rathi Share and Stock Brokers Share Price Target 2027<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-23\" href=\"https:\/\/univest.in\/blogs-2\/anand-rathi-share-and-stock-brokers-share-price-target-2027\/#What_is_the_Anand_Rathi_Share_and_Stock_Brokers_share_price_target_for_2027\" title=\"What is the Anand Rathi Share and Stock Brokers share price target for 2027?\">What is the Anand Rathi Share and Stock Brokers share price target for 2027?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-24\" href=\"https:\/\/univest.in\/blogs-2\/anand-rathi-share-and-stock-brokers-share-price-target-2027\/#What_is_the_Anand_Rathi_Share_and_Stock_Brokers_share_price_today\" title=\"What is the Anand Rathi Share and Stock Brokers share price today?\">What is the Anand Rathi Share and Stock Brokers share price today?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-25\" href=\"https:\/\/univest.in\/blogs-2\/anand-rathi-share-and-stock-brokers-share-price-target-2027\/#Is_Anand_Rathi_Share_and_Stock_Brokers_a_buy_or_sell_at_the_current_price\" title=\"Is Anand Rathi Share and Stock Brokers a buy or sell at the current price?\">Is Anand Rathi Share and Stock Brokers a buy or sell at the current price?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-26\" href=\"https:\/\/univest.in\/blogs-2\/anand-rathi-share-and-stock-brokers-share-price-target-2027\/#What_are_the_bull_case_target_and_downside_risk_level_for_Anand_Rathi_Share_and_Stock_Brokers_shares\" title=\"What are the bull case target and downside risk level for Anand Rathi Share and Stock Brokers shares?\">What are the bull case target and downside risk level for Anand Rathi Share and Stock Brokers shares?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-27\" href=\"https:\/\/univest.in\/blogs-2\/anand-rathi-share-and-stock-brokers-share-price-target-2027\/#What_are_the_main_risks_to_the_Anand_Rathi_Share_and_Stock_Brokers_price_target\" title=\"What are the main risks to the Anand Rathi Share and Stock Brokers price target?\">What are the main risks to the Anand Rathi Share and Stock Brokers price target?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-28\" href=\"https:\/\/univest.in\/blogs-2\/anand-rathi-share-and-stock-brokers-share-price-target-2027\/#What_is_the_PE_ratio_of_Anand_Rathi_Share_and_Stock_Brokers_and_how_does_it_compare_with_the_industry\" title=\"What is the PE ratio of Anand Rathi Share and Stock Brokers and how does it compare with the industry?\">What is the PE ratio of Anand Rathi Share and Stock Brokers and how does it compare with the industry?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-29\" href=\"https:\/\/univest.in\/blogs-2\/anand-rathi-share-and-stock-brokers-share-price-target-2027\/#Who_owns_Anand_Rathi_Share_and_Stock_Brokers_and_what_is_the_promoter_holding\" title=\"Who owns Anand Rathi Share and Stock Brokers, and what is the promoter holding?\">Who owns Anand Rathi Share and Stock Brokers, and what is the promoter holding?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-30\" href=\"https:\/\/univest.in\/blogs-2\/anand-rathi-share-and-stock-brokers-share-price-target-2027\/#What_were_Anand_Rathi_Share_and_Stock_Brokers_latest_quarterly_results\" title=\"What were Anand Rathi Share and Stock Brokers&#8217; latest quarterly results?\">What were Anand Rathi Share and Stock Brokers&#8217; latest quarterly results?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Anand_Rathi_Share_and_Stock_Brokers_Stock_Analysis_Company_Overview_and_Key_Stats\"><\/span><strong>Anand Rathi Share and Stock Brokers Stock Analysis: Company Overview and Key Stats<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Anand Rathi Share and Stock Brokers (NSE: ARSSBL) has a market capitalisation of Rs 3,392 crore. In FY26 it reported revenue of Rs 934.37 crore and net profit of Rs 129.27 crore. The table collects the figures the Anand Rathi Share and Stock Brokers share price target is built on.<\/p>\n<table style=\"border-collapse:collapse;width:100%;\" border=\"1\" cellpadding=\"8\">\n<tr>\n<th>Metric<\/th>\n<th>Value<\/th>\n<\/tr>\n<tr>\n<td>Company<\/td>\n<td><a href=\"https:\/\/univest.in\/stocks\/arssbl\/anand-rathi-share-and-stock-brokers-ltd-share-price-today\">Anand Rathi Share and Stock Brokers<\/a><\/td>\n<\/tr>\n<tr>\n<td>NSE Ticker<\/td>\n<td>ARSSBL<\/td>\n<\/tr>\n<tr>\n<td>CMP (9 October 2026)<\/td>\n<td>Rs 537.10<\/td>\n<\/tr>\n<tr>\n<td>52-Week High<\/td>\n<td>Rs 794.85<\/td>\n<\/tr>\n<tr>\n<td>52-Week Low<\/td>\n<td>Rs 416.00<\/td>\n<\/tr>\n<tr>\n<td>Market Cap<\/td>\n<td>Rs 3,392 crore<\/td>\n<\/tr>\n<tr>\n<td>PE Ratio (TTM)<\/td>\n<td>26.13<\/td>\n<\/tr>\n<tr>\n<td>Industry PE<\/td>\n<td>34.91<\/td>\n<\/tr>\n<tr>\n<td>Price to Book<\/td>\n<td>2.52<\/td>\n<\/tr>\n<tr>\n<td>Return on Equity<\/td>\n<td>9.59%<\/td>\n<\/tr>\n<tr>\n<td>Debt to Equity<\/td>\n<td>0.62<\/td>\n<\/tr>\n<tr>\n<td>EPS (TTM)<\/td>\n<td>Rs 20.58<\/td>\n<\/tr>\n<tr>\n<td>Dividend Yield<\/td>\n<td>0.92%<\/td>\n<\/tr>\n<tr>\n<td>12-Month Base Target<\/td>\n<td>Rs 610<\/td>\n<\/tr>\n<tr>\n<td>Bull Case<\/td>\n<td>Rs 738<\/td>\n<\/tr>\n<tr>\n<td>Downside Risk Level (not a target)<\/td>\n<td>Rs 430<\/td>\n<\/tr>\n<\/table>\n<h2><span class=\"ez-toc-section\" id=\"Why_Is_Anand_Rathi_Share_and_Stock_Brokers_Share_Price_Target_Set_at_Rs_610_for_2027\"><\/span><strong>Why Is Anand Rathi Share and Stock Brokers Share Price Target Set at Rs 610 for 2027?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The base-case Anand Rathi Share and Stock Brokers stock target of Rs 610 applies a PE multiple of 26.13 to a forward EPS estimate of Rs 23.34. That EPS assumes 13.4% yearly growth, the pace from FY24 to FY26, and puts the target 13.6% above the current price. The bull case adds faster earnings growth and a higher multiple, while the downside risk level assumes flat earnings and a lower multiple.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Earnings_Growth_Behind_the_Anand_Rathi_Share_and_Stock_Brokers_Target_Price_Four_Years_of_Results\"><\/span><strong>Earnings Growth Behind the Anand Rathi Share and Stock Brokers Target Price: Four Years of Results<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Anand Rathi Share and Stock Brokers grew revenue from Rs 468.70 crore in FY23 to Rs 934.37 crore in FY26, a compound annual growth rate of 25.9%. Net profit grew faster, from Rs 37.74 crore to Rs 129.27 crore (50.7% a year), which shows margin gains did part of the work and not just higher sales.<\/p>\n<table style=\"border-collapse:collapse;width:100%;\" border=\"1\" cellpadding=\"8\">\n<tr>\n<th>Financial Year<\/th>\n<th>Revenue (Rs Cr)<\/th>\n<th>Net Profit (Rs Cr)<\/th>\n<th>EPS (Rs)<\/th>\n<th>Dividend per Share (Rs)<\/th>\n<\/tr>\n<tr>\n<td>FY23<\/td>\n<td>468.70<\/td>\n<td>37.74<\/td>\n<td>9.36<\/td>\n<td>0.00<\/td>\n<\/tr>\n<tr>\n<td>FY24<\/td>\n<td>683.26<\/td>\n<td>77.29<\/td>\n<td>18.20<\/td>\n<td>0.00<\/td>\n<\/tr>\n<tr>\n<td>FY25<\/td>\n<td>847.00<\/td>\n<td>103.61<\/td>\n<td>22.46<\/td>\n<td>14.00<\/td>\n<\/tr>\n<tr>\n<td>FY26<\/td>\n<td>934.37<\/td>\n<td>129.27<\/td>\n<td>23.40<\/td>\n<td>5.00<\/td>\n<\/tr>\n<\/table>\n<p>FY26 revenue growth was 10.3%, slower than the three-year average of 25.9%, and net profit moved up 24.8%. EPS rose from Rs 18.20 in FY24 to Rs 23.40 in FY26. The FY27 outlook depends on whether that EPS estimate keeps compounding.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Margins_and_the_Latest_Quarter\"><\/span><strong>Margins and the Latest Quarter<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Anand Rathi Share and Stock Brokers converted 13.8% of FY26 revenue into net profit, against 12.2% in FY25, within a four-year range of 8.1% to 13.8%. EBITDA margin was 40.9% in FY26 versus 36.9% in FY25.<\/p>\n<p>In the June 2026 quarter, revenue was Rs 246.55 crore, up 22.3% from the same quarter a year earlier, while net profit of Rs 23.35 crore was up 2.3%. EBITDA came in at Rs 76.76 crore, up 1.9% year on year. The next quarterly result is the first test of whether the earnings assumption holds.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Balance_Sheet_and_Cash_Flow\"><\/span><strong>Balance Sheet and Cash Flow<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Debt to equity stands at 0.62, and shareholders&#8217; equity grew from Rs 265.23 crore in FY23 to Rs 1,348 crore in FY26. Operating cash flow in FY26 was Rs 725.17 crore against capital expenditure of Rs 20 crore, leaving free cash flow of Rs 705.17 crore, or 20.8% of the current market capitalisation. In FY25 free cash flow was Rs 648.69 crore.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Valuation_Check_for_the_Anand_Rathi_Share_and_Stock_Brokers_Stock_Target_PE_Price_to_Book_and_ROE\"><\/span><strong>Valuation Check for the Anand Rathi Share and Stock Brokers Stock Target: PE, Price to Book and ROE<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>At a PE of 26.13 against an industry PE of 34.91, Anand Rathi Share and Stock Brokers trades at a discount to its industry. Price to book is 2.52 on a book value of Rs 213.79 per share, and return on equity is 9.59%. A PE of 26.13 equals an earnings yield of 3.8%, and the FY26 dividend of Rs 5.00 per share gives a yield of 0.92%.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Shareholding_Pattern_and_Institutional_Holding\"><\/span><strong>Shareholding Pattern and Institutional Holding<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Promoters held 69.62% of Anand Rathi Share and Stock Brokers in June 2026, and promoter holding fell from 69.90% in June 2025 to 69.62% in June 2026. Foreign institutional investors (FII) held 0.15% and domestic institutions (DII) held 4.06%, which puts total institutional holding at 4.21%. FII holding fell from 2.83% in June 2025 to 0.15% in June 2026. Public shareholders own the remaining 26.17%. Institutional holding this low means the stock sees limited professional coverage, and price moves can be sharper when trading volumes are thin.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Anand_Rathi_Share_and_Stock_Brokers_Share_Price_Targets_for_the_Short_Term_and_12_Months\"><\/span><strong>Anand Rathi Share and Stock Brokers Share Price Targets for the Short Term and 12 Months<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Short_Term_Anand_Rathi_Share_and_Stock_Brokers_Stock_Target_Levels_Technical_Setup\"><\/span><strong>Short Term Anand Rathi Share and Stock Brokers Stock Target Levels: Technical Setup<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>At Rs 537.10 on 9 October 2026, Anand Rathi Share and Stock Brokers trades above its 50-day simple moving average of Rs 511.38 and above its 200-day exponential moving average of Rs 527.20. The 14-day RSI reads 62.2, which is neutral territory, and the MACD line sits above its signal line. The nearest resistance level is Rs 794.85 (52-week high) and the nearest support is Rs 527.20 (200-day exponential moving average). A sustained move above Rs 794.85 would improve the short-term setup, while a close below Rs 527.20 would shift attention to the next support.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"12_Month_Anand_Rathi_Share_and_Stock_Brokers_Target_Price_for_2027\"><\/span><strong>12 Month Anand Rathi Share and Stock Brokers Target Price for 2027<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The 12-month target for Anand Rathi Share and Stock Brokers is Rs 610: forward EPS of Rs 23.34 at a PE of 26.13. That is 13.6% above Rs 537.10. It would still leave the stock 23.3% below its 52-week high of Rs 794.85. Anyone checking the Anand Rathi Share and Stock Brokers share price target against their own view should focus on two inputs: the EPS estimate and the PE multiple.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_EPS_Growth_and_PE_Multiple_Change_the_Anand_Rathi_Share_and_Stock_Brokers_Target_Price\"><\/span><strong>How EPS Growth and PE Multiple Change the Anand Rathi Share and Stock Brokers Target Price<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<table style=\"border-collapse:collapse;width:100%;\" border=\"1\" cellpadding=\"8\">\n<tr>\n<th>EPS Growth<\/th>\n<th>PE 20.90<\/th>\n<th>PE 26.13<\/th>\n<th>PE 30.05<\/th>\n<\/tr>\n<tr>\n<td>0.0% (EPS Rs 20.58)<\/td>\n<td>Rs 430<\/td>\n<td>Rs 538<\/td>\n<td>Rs 618<\/td>\n<\/tr>\n<tr>\n<td>13.4% (EPS Rs 23.34)<\/td>\n<td>Rs 488<\/td>\n<td>Rs 610<\/td>\n<td>Rs 701<\/td>\n<\/tr>\n<tr>\n<td>19.4% (EPS Rs 24.57)<\/td>\n<td>Rs 514<\/td>\n<td>Rs 642<\/td>\n<td>Rs 738<\/td>\n<\/tr>\n<\/table>\n<p>Each cell multiplies the forward EPS estimate by the PE shown. Reading across a row shows what a de-rating or re-rating does to the Anand Rathi Share and Stock Brokers price forecast, and reading down a column shows what earnings growth is worth at a fixed multiple.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Bull_Case_and_Downside_Risk_for_Anand_Rathi_Share_and_Stock_Brokers_Stock_Target_in_2027\"><\/span><strong>Bull Case and Downside Risk for Anand Rathi Share and Stock Brokers Stock Target in 2027<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Bull_Case_Rs_738\"><\/span><strong>Bull Case Rs 738<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The bull case Anand Rathi Share and Stock Brokers price target needs EPS growth of 19.4%, which lifts forward EPS to Rs 24.57, and a PE multiple that rises 15% to 30.05. That gives Rs 738, 37.4% above the current price and below the 52-week high of Rs 794.85.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Downside_Risk_Level_Rs_430\"><\/span><strong>Downside Risk Level Rs 430<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The downside risk level is not a target. It assumes EPS stays flat at Rs 20.58 and the PE falls 20% to 20.90. That gives Rs 430, 19.9% below the current price and above the 52-week low of Rs 416.00.<\/p>\n<table style=\"border-collapse:collapse;width:100%;\" border=\"1\" cellpadding=\"8\">\n<tr>\n<th>Scenario<\/th>\n<th>EPS Growth<\/th>\n<th>PE Multiple<\/th>\n<th>Price (Rs)<\/th>\n<th>Change vs CMP<\/th>\n<\/tr>\n<tr>\n<td>Bull Case<\/td>\n<td>19.4%<\/td>\n<td>30.05<\/td>\n<td>Rs 738<\/td>\n<td>+37.4%<\/td>\n<\/tr>\n<tr>\n<td>Base Case<\/td>\n<td>13.4%<\/td>\n<td>26.13<\/td>\n<td>Rs 610<\/td>\n<td>+13.6%<\/td>\n<\/tr>\n<tr>\n<td>Downside Risk<\/td>\n<td>0.0%<\/td>\n<td>20.90<\/td>\n<td>Rs 430<\/td>\n<td>-19.9%<\/td>\n<\/tr>\n<\/table>\n<h2><span class=\"ez-toc-section\" id=\"Key_Risks_to_the_Anand_Rathi_Share_and_Stock_Brokers_Target_Price_for_2027\"><\/span><strong>Key Risks to the Anand Rathi Share and Stock Brokers Target Price for 2027<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Growth_Slowdown_Risk_for_the_Anand_Rathi_Share_and_Stock_Brokers_Price_Target\"><\/span><strong>Growth Slowdown Risk for the Anand Rathi Share and Stock Brokers Price Target<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Revenue in the June 2026 quarter was up 22.3% year on year, and FY26 revenue growth was 10.3%. If growth slows from here, the EPS estimate behind the Anand Rathi Share and Stock Brokers stock target will need revising.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Liquidity_and_Size_Risk\"><\/span><strong>Liquidity and Size Risk<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Anand Rathi Share and Stock Brokers has a market capitalisation of Rs 3,392 crore. Institutional holding is 4.21%, and promoters hold 69.62%. Stocks of this size can move sharply on small volumes, and exits can take longer than entries.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Valuation_and_Margin_Risk\"><\/span><strong>Valuation and Margin Risk<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Net margin was 13.8% in FY26, and a squeeze from higher costs or weaker pricing would hit earnings first. At a PE of 26.13 versus an industry PE of 34.91, a de-rating toward the downside-risk PE of 20.90 would cut the price even if earnings hold.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Market_and_Technical_Risk\"><\/span><strong>Market and Technical Risk<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The stock trades 32.4% below its 52-week high, with an RSI of 62.2 and a MACD reading above its signal line. Broader market weakness can override company fundamentals in the short term. That applies to any Anand Rathi Share and Stock Brokers stock target, however carefully it is built.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"How_to_Invest_in_Anand_Rathi_Share_and_Stock_Brokers\"><\/span><strong>How to Invest in Anand Rathi Share and Stock Brokers<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Start with the live price and volume. Any Anand Rathi Share and Stock Brokers share price target is only as current as the data behind it, and the data here is as of 9 October 2026, so refresh the Rs 537.10 price before acting on any level.<\/p>\n<p>Next, review the fundamentals yourself. The Univest Screener lets you check Anand Rathi Share and Stock Brokers&#8217; PE, ROE, debt and shareholding in one place.<\/p>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/screeners\"><strong>Check Anand Rathi Share and Stock Brokers fundamentals on the Univest Screener<\/strong><\/a><\/p>\n<p>Then compare the three Anand Rathi Share and Stock Brokers target price scenarios with your own view. If you expect EPS growth below 13.4%, the base case is too optimistic for you; if you expect more, the bull case deserves weight.<\/p>\n<p>Decide your position size and exit levels before you buy. The support and resistance levels above can serve as reference points, but they are not recommendations.<\/p>\n<p>Finally, place the order through a SEBI-registered broker or the Univest app, and review the position after each quarterly result. Consult a SEBI-registered advisor if you are unsure.<\/p>\n<p style=\"margin-top:24px;\"><em>Download the <a href=\"http:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"http:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&#038;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> to track Anand Rathi Share and Stock Brokers live price and get daily stock recommendations.<\/em><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The Anand Rathi Share and Stock Brokers share price target for 2027 is Rs 610 in the base case, with Rs 738 as the bull case. The support for that view is arithmetic you can check: EPS grew 13.4% a year over FY24 to FY26, and the stock trades at a PE of 26.13. The risks are equally concrete, including institutional holding of only 4.21% and a downside scenario that cuts the price 20% if earnings stall. Use these numbers as a framework, check them against the latest filings, and size any position to your own risk appetite.<\/p>\n<div style=\"background:#CC0000;border-radius:8px;padding:16px 20px;margin:24px 0;\">\n<p style=\"color:#FFFFFF;font-size:13px;line-height:1.7;margin:0;\"><strong style=\"color:#FFFFFF;\">Disclaimer:<\/strong> Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).<\/p>\n<\/p><\/div>\n<h2><span class=\"ez-toc-section\" id=\"FAQs_on_Anand_Rathi_Share_and_Stock_Brokers_Share_Price_Target_2027\"><\/span><strong>FAQs on Anand Rathi Share and Stock Brokers Share Price Target 2027<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_Anand_Rathi_Share_and_Stock_Brokers_share_price_target_for_2027\"><\/span><strong>What is the Anand Rathi Share and Stock Brokers share price target for 2027?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The base-case Anand Rathi Share and Stock Brokers share price target for 2027 is Rs 610, with Rs 738 as the bull case. The downside risk level, which is not a target, is Rs 430. These are model estimates from reported earnings and the current PE, not guaranteed outcomes.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_Anand_Rathi_Share_and_Stock_Brokers_share_price_today\"><\/span><strong>What is the Anand Rathi Share and Stock Brokers share price today?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> As of 9 October 2026, 12:52 PM IST, Anand Rathi Share and Stock Brokers trades at Rs 537.10, down 0.08% on the day. The 52-week range is Rs 416.00 to Rs 794.85.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_Anand_Rathi_Share_and_Stock_Brokers_a_buy_or_sell_at_the_current_price\"><\/span><strong>Is Anand Rathi Share and Stock Brokers a buy or sell at the current price?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The data is mixed rather than one-sided: EPS has grown 13.4% a year over FY24 to FY26, but institutional holding is only 4.21%. Whether Anand Rathi Share and Stock Brokers fits your portfolio depends on your time horizon and risk appetite, so consult a SEBI-registered advisor before investing. This article is not investment advice.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_are_the_bull_case_target_and_downside_risk_level_for_Anand_Rathi_Share_and_Stock_Brokers_shares\"><\/span><strong>What are the bull case target and downside risk level for Anand Rathi Share and Stock Brokers shares?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The bull case target is Rs 738, which assumes 19.4% EPS growth and a PE of 30.05. The downside risk level is Rs 430, which assumes flat EPS and a PE of 20.90. It marks a risk, not a target.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_are_the_main_risks_to_the_Anand_Rathi_Share_and_Stock_Brokers_price_target\"><\/span><strong>What are the main risks to the Anand Rathi Share and Stock Brokers price target?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The main risks are slower revenue growth, a small market capitalisation of Rs 3,392 crore, a PE de-rating and short-term weakness in the broader market. Institutional holding is only 4.21%, which can make price moves sharper.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_PE_ratio_of_Anand_Rathi_Share_and_Stock_Brokers_and_how_does_it_compare_with_the_industry\"><\/span><strong>What is the PE ratio of Anand Rathi Share and Stock Brokers and how does it compare with the industry?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The PE ratio of Anand Rathi Share and Stock Brokers is 26.13 against an industry PE of 34.91. Price to book is 2.52 and return on equity is 9.59%. The base case in the Anand Rathi Share and Stock Brokers price target holds this PE constant.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Who_owns_Anand_Rathi_Share_and_Stock_Brokers_and_what_is_the_promoter_holding\"><\/span><strong>Who owns Anand Rathi Share and Stock Brokers, and what is the promoter holding?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Promoters held 69.62% of Anand Rathi Share and Stock Brokers in June 2026. FII held 0.15%, DII held 4.06% and the public held 26.17%.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_were_Anand_Rathi_Share_and_Stock_Brokers_latest_quarterly_results\"><\/span><strong>What were Anand Rathi Share and Stock Brokers&#8217; latest quarterly results?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> In the June 2026 quarter, Anand Rathi Share and Stock Brokers reported revenue of Rs 246.55 crore (up 22.3% year on year) and net profit of Rs 23.35 crore (up 2.3%).<\/p>\n<p><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"What is the Anand Rathi Share and Stock Brokers share price target for 2027?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The base-case Anand Rathi Share and Stock Brokers share price target for 2027 is Rs 610, with Rs 738 as the bull case. The downside risk level, which is not a target, is Rs 430. 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Earnings, valuation and downside risk. October 2026."],"rank_math_focus_keyword":["Anand Rathi Share and Stock Brokers share price target | Density Target: 1.2 to 1.5%"],"rank_math_robots":["a:2:{i:0;s:7:\"noindex\";i:1;s:8:\"nofollow\";}"]},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/univest.in\/blogs-2\/wp-content\/uploads\/2026\/10\/anand-rathi-share-and-stock-brokers-share-price-target-2027-base-and-bull.webp","_links":{"self":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/299568","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/users\/34"}],"replies":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/comments?post=299568"}],"version-history":[{"count":1,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/299568\/revisions"}],"predecessor-version":[{"id":299569,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/299568\/revisions\/299569"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media\/299567"}],"wp:attachment":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media?parent=299568"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/categories?post=299568"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/tags?post=299568"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}