Wealth First Portfolio Managers Ltd
Wealth First Portfolio Managers Ltd is engaged in the business of providing share & stock broking services, portfolio management, mutual funds distribution, depository participant services and other related activities. (Pg. 87)[1]
- Market Cap ₹ 966 Cr.
- Current Price ₹ 907
- High / Low ₹ 981 / 274
- Stock P/E 22.6
- Book Value ₹ 111
- Dividend Yield 0.33 %
- ROCE 56.9 %
- ROE 43.8 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
- Company is expected to give good quarter
- Company has delivered good profit growth of 43.2% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 33.6%
- Company has been maintaining a healthy dividend payout of 17.3%
Cons
- Stock is trading at 8.36 times its book value
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Stock/ Commodity Brokers Industry: Finance & Investments
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|
151 | 199 | 224 | 331 | 10 | 25 | 33 | 29 | 54 | |
146 | 191 | 212 | 321 | 7 | 6 | 8 | 10 | 11 | |
Operating Profit | 4 | 8 | 12 | 10 | 2 | 18 | 25 | 19 | 43 |
OPM % | 3% | 4% | 5% | 3% | 25% | 74% | 75% | 65% | 80% |
0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 13 | |
Interest | 1 | 2 | 1 | 0 | 0 | 0 | 0 | 0 | 0 |
Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Profit before tax | 3 | 6 | 11 | 9 | 2 | 18 | 25 | 19 | 55 |
Tax % | 20% | 20% | 18% | 23% | 28% | 29% | 24% | 26% | 23% |
3 | 5 | 9 | 7 | 1 | 13 | 19 | 14 | 43 | |
EPS in Rs | 2.43 | 4.49 | 8.18 | 6.62 | 1.20 | 12.08 | 17.69 | 12.98 | 40.06 |
Dividend Payout % | 12% | 13% | 7% | 9% | 50% | 8% | 11% | 23% | 17% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | -30% |
3 Years: | 30% |
TTM: | 85% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 43% |
3 Years: | 49% |
TTM: | 209% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 62% |
3 Years: | 97% |
1 Year: | 227% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 30% |
3 Years: | 34% |
Last Year: | 44% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|
Equity Capital | 6 | 6 | 6 | 6 | 6 | 11 | 11 | 11 | 11 |
Reserves | 9 | 13 | 21 | 28 | 28 | 36 | 55 | 66 | 108 |
18 | 18 | 6 | 1 | 3 | 0 | 2 | 0 | 0 | |
12 | 3 | 4 | 4 | 3 | 3 | 4 | 4 | 7 | |
Total Liabilities | 45 | 41 | 38 | 40 | 40 | 50 | 72 | 80 | 125 |
0 | 0 | 0 | 1 | 1 | 0 | 1 | 1 | 1 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments | 0 | 0 | 0 | 0 | 0 | 2 | 17 | 39 | 48 |
45 | 41 | 38 | 39 | 39 | 47 | 53 | 41 | 76 | |
Total Assets | 45 | 41 | 38 | 40 | 40 | 50 | 72 | 80 | 125 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|
0 | 16 | 8 | -8 | 7 | 21 | 20 | 16 | ||
3 | 1 | -0 | 2 | -2 | -18 | -19 | -10 | ||
-2 | -14 | -6 | 0 | -4 | 1 | -4 | -4 | ||
Net Cash Flow | 2 | 3 | 2 | -6 | 1 | 4 | -3 | 2 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|
Debtor Days | 1 | 3 | 4 | 3 | 45 | 23 | 37 | 42 | 32 |
Inventory Days | 93 | 66 | 44 | 28 | |||||
Days Payable | 0 | 0 | 0 | 0 | |||||
Cash Conversion Cycle | 94 | 69 | 48 | 31 | 45 | 23 | 37 | 42 | 32 |
Working Capital Days | 63 | 59 | 39 | 26 | 1,236 | 491 | 351 | 318 | 384 |
ROCE % | 23% | 33% | 28% | 6% | 44% | 44% | 26% |
Products & Services Offered
The company's products include FDs, treasury bonds, direct bonds, direct equity, Mutual funds, PMS and insurance. Its services include broking and depository services, Tax planning, NRI investment advisory, Trust advisory services, Estate/ succession planning, retirement planning, etc. (Pg. 12)[1]