Wealth First Portfolio Managers Ltd
Incorporated in 2002, Wealth First Portfolio Managers Ltd is in the business of wealth management[1]
- Market Cap ₹ 946 Cr.
- Current Price ₹ 888
- High / Low ₹ 1,720 / 750
- Stock P/E 27.1
- Book Value ₹ 120
- Dividend Yield 1.35 %
- ROCE 37.5 %
- ROE 28.5 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Company has delivered good profit growth of 93.4% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 31.3%
- Company has been maintaining a healthy dividend payout of 30.6%
Cons
- Stock is trading at 7.22 times its book value
- Working capital days have increased from 385 days to 544 days
* 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
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
143 | 169 | 150 | 199 | 224 | 331 | 10 | 25 | 33 | 29 | 66 | 52 | |
141 | 164 | 146 | 191 | 212 | 321 | 7 | 6 | 8 | 10 | 11 | 13 | |
Operating Profit | 2 | 4 | 4 | 8 | 12 | 10 | 2 | 18 | 25 | 19 | 55 | 39 |
OPM % | 1% | 3% | 3% | 4% | 5% | 3% | 25% | 74% | 75% | 65% | 83% | 76% |
0 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5 | |
Interest | 2 | 3 | 1 | 2 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Profit before tax | 0 | 2 | 3 | 6 | 11 | 9 | 2 | 18 | 25 | 18 | 55 | 44 |
Tax % | 30% | 16% | 20% | 20% | 18% | 23% | 28% | 29% | 24% | 26% | 23% | 24% |
0 | 2 | 3 | 5 | 9 | 7 | 1 | 13 | 19 | 14 | 42 | 34 | |
EPS in Rs | 0.70 | 10.10 | 2.43 | 4.50 | 8.19 | 6.59 | 1.21 | 12.00 | 17.62 | 12.68 | 39.77 | 31.64 |
Dividend Payout % | 42% | 6% | 12% | 13% | 7% | 9% | 50% | 8% | 11% | 24% | 18% | 51% |
Compounded Sales Growth | |
---|---|
10 Years: | -11% |
5 Years: | 39% |
3 Years: | 16% |
TTM: | -21% |
Compounded Profit Growth | |
---|---|
10 Years: | 36% |
5 Years: | 93% |
3 Years: | 23% |
TTM: | -18% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 70% |
3 Years: | 54% |
1 Year: | 5% |
Return on Equity | |
---|---|
10 Years: | 29% |
5 Years: | 32% |
3 Years: | 31% |
Last Year: | 28% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 1 | 1 | 6 | 6 | 6 | 6 | 6 | 11 | 11 | 11 | 11 | 11 |
Reserves | 2 | 4 | 9 | 13 | 22 | 28 | 28 | 36 | 55 | 66 | 107 | 117 |
20 | 5 | 18 | 18 | 6 | 1 | 3 | 0 | 2 | 0 | 0 | 0 | |
1 | 1 | 12 | 3 | 4 | 4 | 3 | 3 | 4 | 4 | 7 | 8 | |
Total Liabilities | 24 | 11 | 45 | 41 | 38 | 40 | 40 | 50 | 72 | 80 | 125 | 135 |
1 | 0 | 0 | 0 | 0 | 1 | 1 | 0 | 1 | 1 | 1 | 1 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments | 1 | 0 | 0 | 1 | 0 | 0 | 0 | 3 | 18 | 39 | 49 | 31 |
22 | 11 | 45 | 41 | 37 | 38 | 39 | 46 | 52 | 40 | 75 | 103 | |
Total Assets | 24 | 11 | 45 | 41 | 38 | 40 | 40 | 50 | 72 | 80 | 125 | 135 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-1 | 16 | -21 | 1 | 16 | 8 | -8 | 7 | 21 | 21 | 28 | 9 | |
-0 | 2 | 1 | 2 | 1 | -0 | 2 | -3 | -18 | -19 | -10 | 10 | |
1 | -17 | 19 | -2 | -14 | -6 | 0 | -4 | 1 | -4 | -4 | -21 | |
Net Cash Flow | -1 | 2 | -1 | 2 | 3 | 2 | -6 | 1 | 4 | -3 | 15 | -2 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 0 | 0 | 1 | 3 | 4 | 3 | 45 | 22 | 36 | 38 | 24 | 40 |
Inventory Days | 52 | 16 | 93 | 65 | 44 | 28 | ||||||
Days Payable | 0 | 0 | 0 | 0 | 0 | 0 | ||||||
Cash Conversion Cycle | 53 | 16 | 94 | 68 | 47 | 30 | 45 | 22 | 36 | 38 | 24 | 40 |
Working Capital Days | 53 | 16 | 63 | 58 | 39 | 26 | 1,224 | 485 | 346 | 310 | 301 | 544 |
ROCE % | 9% | 27% | 22% | 23% | 33% | 27% | 6% | 44% | 44% | 26% | 57% | 38% |
Documents
Announcements
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Analysts/Institutional Investor Meet/Con. Call Updates
21 May 2025 - SEBI grants in-principle approval for Wealth First's AMC launch; FY25 revenue INR60.1 Cr, AUA INR11,623 Cr.
-
Analysts/Institutional Investor Meet/Con. Call Updates
14 May 2025 - Earnings call recording for Q4 & FY25 uploaded on company website.
-
Copy of Newspaper Publication
13 May 2025 - Published audited Q4 and FY 2025 financial results as per SEBI regulations on 13 May 2025.
-
Investor Presentation
12 May 2025 - Revised FY25 investor presentation correcting AUM figures; 20% trail-based AUM growth; Rs. 1.5 Cr cyber fraud exceptional item; Rs. 16 dividend.
-
Investor Presentation
12 May 2025 - FY25 revenue Rs.60.1 Cr, core revenue +40%, PAT Rs.34.1 Cr, AUA Rs.11,623 Cr, dividend Rs.16/share.
Business Overview:[1]
WFPML is a client-centric, product agnostic
and independent wealth management firm. It is
an individual financial advisor (with no sub-brokers) and occupies 37th rank at all India
level. Company provides smart investment solutions through end-to-end handholding