Anand Rathi Share and Stock Brokers (NSE:ARSSBL) ROE %: 12.33% (As of Mar. 2026) — 45% Below Median


NSE:ARSSBL Anand Rathi Share and Stock Brokers Ltd NSE:ARSSBL
28 GF Score
Price ₹562.70
! 2 Warning Signs
View Full Analysis

What is Anand Rathi Share and Stock Brokers ROE %?

Anand Rathi Share and Stock Brokers NSE:ARSSBL -1.07% 28 ROE % is 12.33% as of Mar. 2026, which is 45% below its 10-year median of 22.34. GuruFocus rates NSE:ARSSBL with a GF Score™ of 28/100. The stock has 2 warning signs investors should review. Among 488 Diversified Financial Services companies, Anand Rathi Share and Stock Brokers ranks better than 88.93% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Anand Rathi Share and Stock Brokers's annualized net income for the quarter that ended in Mar. 2026 was ₹1,662 Mil. Anand Rathi Share and Stock Brokers's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ₹13,481 Mil. Therefore, Anand Rathi Share and Stock Brokers's annualized ROE % for the quarter that ended in Mar. 2026 was 12.33%.

The historical rank and industry rank for Anand Rathi Share and Stock Brokers's ROE % or its related term are showing as below:

NSE:ARSSBL' s ROE % Range Over the Past 10 Years
Min: 10.12   Med: 22.34   Max: 23.5
Current: 10.12

During the past 5 years, Anand Rathi Share and Stock Brokers's highest ROE % was 23.50%. The lowest was 10.12%. And the median was 22.34%.

NSE:ARSSBL's ROE % is ranked better than
88.93% of 488 companies
in the Diversified Financial Services industry
Industry Median: 1.65 vs NSE:ARSSBL: 10.12

Anand Rathi Share and Stock Brokers  (NSE:ARSSBL) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=1662.2/13481.29
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(1662.2 / 5448.12)*(5448.12 / 70993.4)*(70993.4 / 13481.29)
=Net Margin %*Asset Turnover*Equity Multiplier
=30.51 %*0.0767*5.2661
=ROA %*Equity Multiplier
=2.34 %*5.2661
=12.33 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=1662.2/13481.29
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (1662.2 / 2151.4) * (2151.4 / -652.88) * (-652.88 / 5448.12) * (5448.12 / 70993.4) * (70993.4 / 13481.29)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7726 * -3.2952 * -11.98 % * 0.0767 * 5.2661
=12.33 %

Note: The net income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


Anand Rathi Share and Stock Brokers ROE % Related Terms


Anand Rathi Share and Stock Brokers ROE % Historical Data

* Premium members only.

The historical data trend for Anand Rathi Share and Stock Brokers's ROE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Anand Rathi Share and Stock Brokers ROE % Chart

Anand Rathi Share and Stock Brokers Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
ROE %
22.34 15.32 23.50 23.12 13.96

Anand Rathi Share and Stock Brokers Quarterly Data
Mar22 Mar23 Mar24 Sep24 Dec24 Mar25 Sep25 Dec25 Mar26
ROE % Get a 7-Day Free Trial Premium Member Only 18.72 14.62 12.36 11.36 12.33

NSE:ARSSBL vs VOYA, FRHC: ROE % Comparison

For the Financial Conglomerates subindustry, Anand Rathi Share and Stock Brokers's ROE %, along with its competitors' market caps and ROE % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Anand Rathi Share and Stock Brokers ROE % vs Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Anand Rathi Share and Stock Brokers's ROE % distribution charts can be found below:

* The bar in red indicates where Anand Rathi Share and Stock Brokers's ROE % falls into.


NSE:ARSSBL
28GF Score
Anand Rathi Share and Stock Brokers Ltd NSE:ARSSBL
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Anand Rathi Share and Stock Brokers ROE % Calculation

Anand Rathi Share and Stock Brokers's annualized ROE % for the fiscal year that ended in Mar. 2026 is calculated as

ROE %=Net Income (A: Mar. 2026 )/( (Total Stockholders Equity (A: Mar. 2025 )+Total Stockholders Equity (A: Mar. 2026 ))/ count )
=1292.72/( (5037.56+13481.29)/ 2 )
=1292.72/9259.425
=13.96 %

Anand Rathi Share and Stock Brokers's annualized ROE % for the quarter that ended in Mar. 2026 is calculated as

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Dec. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=1662.2/( (0+13481.29)/ 1 )
=1662.2/13481.29
=12.33 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Mar. 2026) net income data. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 12.33% mean?
Anand Rathi Share and Stock Brokers (NSE:ARSSBL) has a ROE % of 12.33% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Anand Rathi Share and Stock Brokers and its competitors. This is 45% below median its historical median of 22.34. Over the past decade, Anand Rathi Share and Stock Brokers' ROE % has ranged from 10.12 to 23.50. According to the industry distribution chart, Anand Rathi Share and Stock Brokers ranks #54 out of 488 companies in the Diversified Financial Services industry, placing it in the top 11.1%.
Is Anand Rathi Share and Stock Brokers' ROE % too high?
Anand Rathi Share and Stock Brokers' current ROE % of 12.33% is 45% below median its 10-year median of 22.34. Over the past 10 years, this metric has ranged from a low of 10.12 to a high of 23.50. The Diversified Financial Services industry median ROE % is 1.65. Anand Rathi Share and Stock Brokers' value of 12.33% is 647.3% above this industry median. Based on the distribution chart, Anand Rathi Share and Stock Brokers ranks #54 out of 488 companies in the Diversified Financial Services industry, which is in the top quartile — a strong position relative to peers. Overall, Anand Rathi Share and Stock Brokers has a GF Score™ of 28/100, reflecting its overall financial health beyond just this single metric.
How does Anand Rathi Share and Stock Brokers' ROE % compare to VOYA and FRHC?
According to the Diversified Financial Services industry distribution chart, Anand Rathi Share and Stock Brokers ranks #54 out of 488 companies for ROE %. This places Anand Rathi Share and Stock Brokers in the top 11% of its industry — outperforming the majority of peers. The industry median ROE % is 1.65. Anand Rathi Share and Stock Brokers' value of 12.33% is 647.3% above this benchmark. Historically, Anand Rathi Share and Stock Brokers' own ROE % has ranged from 10.12 to 23.50 over the past decade. While the company's 10-year median is 22.34 vs. the industry median of 1.65, Anand Rathi Share and Stock Brokers has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % for a Diversified Financial Services company?
The median ROE % among Diversified Financial Services companies is 1.65, based on 488 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Anand Rathi Share and Stock Brokers's current ROE % of 12.33% is 647.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Anand Rathi Share and Stock Brokers and its competitors. For the Diversified Financial Services industry, the median ROE % is 1.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Anand Rathi Share and Stock Brokers's current ROE % is 12.33%, which is 45% below median its own 10-year median of 22.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Anand Rathi Share and Stock Brokers stock overvalued right now?
Anand Rathi Share and Stock Brokers (NSE:ARSSBL) has a current ROE % of 12.33%. The current ROE % is 12.33%, which is 45% below median its 10-year median of 22.34 and 647.3% above the Diversified Financial Services industry median of 1.65. Anand Rathi Share and Stock Brokers' overall GF Score™ is 28/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For Anand Rathi Share and Stock Brokers (NSE:ARSSBL), the current ROE % is 12.33% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Anand Rathi Share and Stock Brokers Business Description

Other Exchanges 544530:India
Address Western Express Highway, Express Zone A Wing, 10th Floor, Goregaon east, Mumbai, MH, IND, 400063
Anand Rathi Share and Stock Brokers Ltd is a financial services conglomerate in India. The company operates as a full-service brokerage firm operating across capital markets, offering broking services and non broking services. The non brokingservices includes margin trading facilities and distribution ofinvestment products across asset classes. The services of the company include Investment services across multiple asset classes, Wealth Management, NBFC, Insurance Broking, Institutional Equities & Investment Banking. The company operates in single segment namely broking and related services.
28GF Score

Get the complete analysis for NSE:ARSSBL

ROE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹562.70
Price