Announcement under Regulation 30(LODR)-Amendments to Memorandum & Article of Association
WEALTH · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Wealth First Portfolio Managers Ltd reported strong FY2026 results with standalone revenue from operations of Rs 6,339.67 Lacs, up ~22% YoY from Rs 5,204.93 Lacs in FY2025. Net profit stood at Rs 4,022.98 Lacs (PAT growth of ~19% YoY from Rs 3,370.63 Lacs). Consolidated revenue was Rs 6,636.51 Lacs (up ~25% YoY) with net profit of Rs 3,828.32 Lacs. The Board recommended a final dividend of Rs 1 per share (10%) subject to shareholder approval at the 24th AGM. The authorized share capital will increase from Rs 11 Crore to Rs 12 Crore, pending shareholder approval. A 5-member Investment Committee was constituted. Commission to Non-Executive Director Ms. Binal Bhukhanwala Gandhi (up to 1% of net profits) was approved, also subject to shareholder confirmation. Statutory Auditor Jaimin Deliwala & Co. issued an unmodified opinion on both standalone and consolidated results.
Strong 22% standalone revenue growth and ~19% PAT growth are positive signals. The clean audit opinion, dividend declaration, and share capital increase signal a healthy and expanding company. The authorized capital increase suggests room for future fundraising or restructuring.