Wealth First Portfolio Managers Releases Q3 FY26 Investor Presentation
Wealth First Portfolio Managers Limited released its Q3 FY26 investor presentation highlighting strong performance with business activity income growing 7.8% YoY to Rs. 48.8 crores in nine months. The company reported total AUA of Rs. 12,858 crores with 8.1% YoY growth and added 979 new clients. Management emphasized strategic focus on core businesses while reducing trading activities, with Lakshya AMC setup in final approval stages.
*this image is generated using AI for illustrative purposes only.
Wealth First Portfolio Managers Limited has released its investor presentation for the financial results of the third quarter and nine months ended December 31, 2025, under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The presentation was submitted to stock exchanges on February 4, 2026, providing comprehensive insights into the company's performance and strategic initiatives.
Management Commentary on Q3 FY26 Performance
Commenting on the results, Mr. Ashish Shah, Managing Director, highlighted the company's resilient performance despite market volatility. The core revenue stream, Business Activity Income, demonstrated steady growth with a 7.8% year-on-year increase to Rs. 48.8 crores in nine months FY26. This performance reinforces the company's ability to maintain consistent and sustainable growth.
| Key Performance Metrics: | 9M FY26 | 9M FY25 | Growth |
|---|---|---|---|
| Business Activity Income: | Rs. 48.8 crores | Rs. 45.2 crores | +7.8% |
| Total AUA: | Rs. 12,858 crores | Rs. 11,896 crores | +8.1% |
| Total Clients: | 21,487 | 20,508 | +5.0% |
| Client Families: | 6,832 | 6,395 | +6.8% |
Strategic Business Developments
The company is in the final stages of receiving SEBI approval to set up Lakshya AMC, which is expected to create a strong and scalable revenue stream. Simultaneously, the company is strengthening its Insurance Broking business to offer comprehensive financial solutions and drive future growth.
Trading income stood at Rs. 3.1 crores in nine months FY26 compared to Rs. 11.2 crores in the previous year, indicating the gradual reduction of the trading book in line with the company's strategy to focus on core business activities. The trading book is expected to be substantially reduced by March 2026, with minimal impact from trading activities from April 2026 onwards.
Asset Management and Client Growth
Total Assets Under Advice (AUA) reached Rs. 12,858 crores, registering healthy year-on-year growth of 8.1%, reflecting strong client engagement and sustained business momentum. The client base expanded steadily with 979 new clients added during the year, taking the total to 21,487. Additionally, 437 new client families were onboarded, increasing the total to 6,832.
| Client Metrics: | Current | Previous Year | Growth |
|---|---|---|---|
| New Clients Added: | 979 | - | - |
| New Client Families: | 437 | - | - |
| Client Vintage >5 years: | 80% | - | - |
| RM Vintage >5 years: | 53% | - | - |
Revenue Diversification and Business Model
The presentation highlighted the company's trail-based revenue model, which has demonstrated strong and consistent growth with a CAGR of 29.2% over the last five years. The Business Activity Income, being the core revenue stream, has shown resilience and continues to remain on a strong upward trajectory.
Revenue composition includes multiple streams: trail-based revenue from mutual funds, PMS and AIF, distribution of financial products including insurance brokerage, and secondary market brokerage. This diversification is expected to translate into greater predictability and reduced volatility in profitability.
Future Growth Outlook
The company expects to sustain strong growth supported by disciplined asset allocation, robust investment processes, and a relationship-driven model anchored at the firm level. The growth outlook remains favorable, driven by increasing financialization of savings, rising HNI and UHNI wealth in India, and expected momentum from the Insurance Broking and upcoming AMC businesses.
| Strategic Initiatives: | Status |
|---|---|
| Lakshya AMC Setup: | Final stages of SEBI approval |
| Insurance Broking: | Business strengthening in progress |
| Trading Book Reduction: | Substantial reduction by March 2026 |
| Revenue Model: | Focus on trail-based income |
The investor presentation reinforces the company's commitment to sustainable growth through diversified revenue streams and strategic business expansion while maintaining its core strength in wealth management services.
Historical Stock Returns for Wealth First Portfolio Managers
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +2.04% | +0.03% | +18.06% | -19.87% | +3.21% | +608.98% |
15
