Anand Rathi Share and Stock Brokers Share Price Target 2027: Base and Bull Targets Built on FY26 Earnings

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.

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.

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Anand Rathi Share and Stock Brokers Stock Analysis: Company Overview and Key Stats

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.

Metric	Value
Company	Anand Rathi Share and Stock Brokers
NSE Ticker	ARSSBL
CMP (9 October 2026)	Rs 537.10
52-Week High	Rs 794.85
52-Week Low	Rs 416.00
Market Cap	Rs 3,392 crore
PE Ratio (TTM)	26.13
Industry PE	34.91
Price to Book	2.52
Return on Equity	9.59%
Debt to Equity	0.62
EPS (TTM)	Rs 20.58
Dividend Yield	0.92%
12-Month Base Target	Rs 610
Bull Case	Rs 738
Downside Risk Level (not a target)	Rs 430

Why Is Anand Rathi Share and Stock Brokers Share Price Target Set at Rs 610 for 2027?

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.

Earnings Growth Behind the Anand Rathi Share and Stock Brokers Target Price: Four Years of Results

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.

Financial Year	Revenue (Rs Cr)	Net Profit (Rs Cr)	EPS (Rs)	Dividend per Share (Rs)
FY23	468.70	37.74	9.36	0.00
FY24	683.26	77.29	18.20	0.00
FY25	847.00	103.61	22.46	14.00
FY26	934.37	129.27	23.40	5.00

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.

Margins and the Latest Quarter

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.

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.

Balance Sheet and Cash Flow

Debt to equity stands at 0.62, and shareholders' 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.

Valuation Check for the Anand Rathi Share and Stock Brokers Stock Target: PE, Price to Book and ROE

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%.

Shareholding Pattern and Institutional Holding

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.

Anand Rathi Share and Stock Brokers Share Price Targets for the Short Term and 12 Months

Short Term Anand Rathi Share and Stock Brokers Stock Target Levels: Technical Setup

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.

12 Month Anand Rathi Share and Stock Brokers Target Price for 2027

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.

How EPS Growth and PE Multiple Change the Anand Rathi Share and Stock Brokers Target Price

EPS Growth	PE 20.90	PE 26.13	PE 30.05
0.0% (EPS Rs 20.58)	Rs 430	Rs 538	Rs 618
13.4% (EPS Rs 23.34)	Rs 488	Rs 610	Rs 701
19.4% (EPS Rs 24.57)	Rs 514	Rs 642	Rs 738

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.

Bull Case and Downside Risk for Anand Rathi Share and Stock Brokers Stock Target in 2027

Bull Case Rs 738

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.

Downside Risk Level Rs 430

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.

Scenario	EPS Growth	PE Multiple	Price (Rs)	Change vs CMP
Bull Case	19.4%	30.05	Rs 738	+37.4%
Base Case	13.4%	26.13	Rs 610	+13.6%
Downside Risk	0.0%	20.90	Rs 430	-19.9%

Key Risks to the Anand Rathi Share and Stock Brokers Target Price for 2027

Growth Slowdown Risk for the Anand Rathi Share and Stock Brokers Price Target

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.

Liquidity and Size Risk

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.

Valuation and Margin Risk

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.

Market and Technical Risk

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.

How to Invest in Anand Rathi Share and Stock Brokers

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.

Next, review the fundamentals yourself. The Univest Screener lets you check Anand Rathi Share and Stock Brokers' PE, ROE, debt and shareholding in one place.

Check Anand Rathi Share and Stock Brokers fundamentals on the Univest Screener

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.

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.

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.

Download the Univest iOS App or Univest Android App to track Anand Rathi Share and Stock Brokers live price and get daily stock recommendations.

Conclusion

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.

FAQs on Anand Rathi Share and Stock Brokers Share Price Target 2027

What is the Anand Rathi Share and Stock Brokers share price target for 2027?

Ans. 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.

What is the Anand Rathi Share and Stock Brokers share price today?

Ans. 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.

Is Anand Rathi Share and Stock Brokers a buy or sell at the current price?

Ans. 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.

What are the bull case target and downside risk level for Anand Rathi Share and Stock Brokers shares?

Ans. 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.

What are the main risks to the Anand Rathi Share and Stock Brokers price target?

Ans. 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.

What is the PE ratio of Anand Rathi Share and Stock Brokers and how does it compare with the industry?

Ans. 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.

Who owns Anand Rathi Share and Stock Brokers, and what is the promoter holding?

Ans. 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%.

What were Anand Rathi Share and Stock Brokers' latest quarterly results?

Ans. 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%).