Wealth First Portfolio Managers Limited has informed the Exchange about Investor Presentation
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Wealth First Portfolio Managers reported Q1 FY26 total revenue of Rs. 24.9 crore, up 15% YoY, with business activity income rising 18% YoY to Rs. 15.8 crore driven by trail-based revenue and insurance spillover. Profit after tax grew 14% YoY to Rs. 16.0 crore, though PAT margin dipped marginally to 64.1% from 64.9%. Assets under advisory (AUA) crossed Rs. 12,568.9 crore (+10% YoY) and trail-based AUM reached Rs. 5,979.6 crore. Two strategic milestones were announced: SEBI in-principle approval to set up a mutual fund under 'Lakshya AMC' and IRDAI approval to operate as a direct insurance broker under 'Wealthshield'. The Board declared an interim dividend of Rs. 4 per share (40% of face value). Cost-to-income improved 90 bps to 19.9% excluding one-time AMC setup costs, which pushed reported cost-to-income up 70 bps to 21.5%.
Positive for shareholders — strong double-digit revenue and profit growth, expanding AUM, and the entry into mutual fund and insurance broking businesses open large new revenue streams in a wealth management industry projected to grow at 18% CAGR through FY35. Consistent dividend payouts (minimum 30% of consolidated PAT policy) and high client stickiness (81% clients over 5 years) support long-term shareholder value.