Wealth First Portfolio Managers Declares Second Interim Dividend, Reports Q2 Results

2 min read     Updated on 13 Nov 2025, 09:13 PM
scanx
Reviewed by
Riya DeyScanX News Team
Overview

Wealth First Portfolio Managers Limited (WFPML) announced Q2 and H1 FY26 results. Q2 total income was Rs. 20.80 crore, with Business Activity Income at Rs. 17.90 crore. H1 total income reached Rs. 45.65 crore. The company declared a 40% interim dividend (Rs. 4 per share). WFPML reported trail-based AUM of Rs. 6,011 crore and total AUA of Rs. 12,574 crore. The client base expanded to 21,237. Strategic developments include an AMC joint venture and obtaining an insurance broking license. Board changes were announced, with Ms. Binal Bhukhanwala Gandhi's designation shifting to Non-Executive Non-Independent Director.

24594212

*this image is generated using AI for illustrative purposes only.

Wealth First Portfolio Managers Limited (WFPML) has announced its financial results for the second quarter and half-year ended September 30, 2025, along with a second interim dividend declaration and changes in its board composition.

Financial Performance

WFPML reported consolidated financial results for Q2 and H1 FY26:

Metric Q2 FY26 H1 FY26
Total Income 20.80 45.65
Business Activity Income 17.90 33.70
PAT 11.10 Not specified

All figures in Rs. crore

The company's core revenue stream, Business Activity Income, grew by 9.7% year-on-year in Q2 FY26 and 13.3% in H1 FY26. However, the total revenue for Q2 FY26 decreased by 11.8% year-on-year, primarily due to lower trading income and other income, impacted by broader market corrections and mark-to-market adjustments.

Dividend Declaration

The Board of Directors has approved and declared a second interim dividend for FY 2025-26:

  • Dividend Rate: 40% (Rs. 4.00 per equity share of face value Rs. 10)
  • Total Dividend Amount: Approximately Rs. 4.26 crores
  • Record Date: November 19, 2025

The dividend will be paid to eligible shareholders within 30 days from the declaration date.

Assets Under Management

  • Trail-based AUM: Rs. 6,011 crore
  • Total Assets Under Advisory (AUA): Rs. 12,574 crore (5% YoY growth)

Client Base Expansion

  • New clients added: 1,010
  • Total client base: 21,237
  • New client families added: 502
  • Total client families: 6,717 (8% YoY increase)

Strategic Developments

AMC Venture

WFPML has advanced its growth strategy through a joint venture with established market leaders to set up an Asset Management Company (AMC). This move aims to bridge product gaps, drive synergies, and tap into India's expanding mutual fund market.

Insurance Broking License

The company has received an insurance broking license from IRDAI, potentially opening up new revenue streams.

Board and Committee Changes

Effective November 14, 2025, Ms. Binal Bhukhanwala Gandhi's designation will change from Non-Executive Independent Director to Non-Executive Non-Independent Director. Consequently, the Board has approved the reconstitution of various committees, including the Audit Committee, Nomination and Remuneration Committee, and Stakeholder Relationship Committee.

Management Commentary

Ashish Shah, Managing Director of Wealth First Portfolio Managers Limited, commented on the results, stating, "Our core revenue stream, Business Activity Income, maintained its growth momentum with a 9.7% YoY rise in Q2 FY26 and 13.3% growth in H1 FY26, reflecting the strength and resilience of our operations." He also noted that the company is well-positioned to scale new heights and expand its market presence, supported by progress in the AMC venture, strong strategic partnerships, and the insurance broking approval.

The financial results reflect WFPML's resilience in a challenging market environment, with the company focusing on core business growth while navigating market volatilities. The dividend declaration and strategic initiatives underscore the company's commitment to shareholder value and long-term growth in India's evolving financial ecosystem.

Historical Stock Returns for Wealth First Portfolio Managers

1 Day5 Days1 Month6 Months1 Year5 Years
+1.67%+8.03%-2.30%+31.35%-16.93%+1,197.00%
Wealth First Portfolio Managers
View in Depthredirect
like20
dislike

Wealth First Portfolio Managers Reports 17% Growth in Q1 Net Profit

1 min read     Updated on 04 Aug 2025, 05:18 PM
scanx
Reviewed by
Ashish ThakurScanX News Team
Overview

Wealth First Portfolio Managers announced robust Q1 financial results, with net profit rising to ₹162.00 million, a 17.39% year-over-year increase. Revenue surged by 22.17% to ₹248.00 million. The company's performance indicates effective cost management and operational efficiency, potentially reflecting a positive trend in the portfolio management sector.

15853712

*this image is generated using AI for illustrative purposes only.

Wealth First Portfolio Managers , a prominent player in the portfolio management industry, has announced robust financial results for the first quarter, showcasing significant growth in both revenue and net profit.

Strong Financial Performance

The company reported a net profit of ₹162.00 million for the quarter, marking a substantial increase from ₹138.00 million in the corresponding period last year. This represents an impressive year-over-year growth of 17.39% in the bottom line.

Revenue Surge

Alongside the profit growth, Wealth First Portfolio Managers also witnessed a notable uptick in its revenue. The company's top line rose to ₹248.00 million, up from ₹203.00 million in the same quarter of the previous year, reflecting a healthy 22.17% increase.

Financial Highlights

To better illustrate the company's performance, here's a breakdown of the key financial metrics:

Financial Metric Q1 (Current Year) Q1 (Previous Year) Growth (%)
Net Profit ₹162.00 million ₹138.00 million 17.39%
Revenue ₹248.00 million ₹203.00 million 22.17%

The table clearly demonstrates the positive trajectory of both net profit and revenue, underscoring the company's strong performance in the quarter.

Industry Implications

The robust growth in Wealth First Portfolio Managers' financials may be indicative of a broader positive trend in the portfolio management sector. As investors seek professional guidance in navigating complex market conditions, firms offering expert portfolio management services are likely to see increased demand.

The company's ability to grow both its top and bottom lines simultaneously suggests effective cost management and operational efficiency, which are crucial factors in the competitive financial services industry.

As Wealth First Portfolio Managers continues to demonstrate strong financial performance, it reinforces its position in the market and potentially sets the stage for further growth and expansion in the coming quarters.

Historical Stock Returns for Wealth First Portfolio Managers

1 Day5 Days1 Month6 Months1 Year5 Years
+1.67%+8.03%-2.30%+31.35%-16.93%+1,197.00%
Wealth First Portfolio Managers
View in Depthredirect
like18
dislike
More News on Wealth First Portfolio Managers
Explore Other Articles
1,166.00
+19.20
(+1.67%)