Wealth First Portfolio Managers Ltd
Incorporated in 2002, Wealth First Portfolio Managers Ltd is in the business of wealth management[1]
- Market Cap ₹ 844 Cr.
- Current Price ₹ 792
- High / Low ₹ 981 / 295
- Stock P/E 19.9
- Book Value ₹ 110
- Dividend Yield 0.38 %
- ROCE 56.8 %
- 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 33.4%
- Company has been maintaining a healthy dividend payout of 17.6%
Cons
- Stock is trading at 7.18 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
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 199 | 143 | 169 | 150 | 199 | 224 | 331 | 10 | 25 | 33 | 29 | 54 | |
| 198 | 141 | 164 | 146 | 191 | 212 | 321 | 7 | 6 | 8 | 10 | 11 | |
| Operating Profit | 1 | 2 | 4 | 4 | 8 | 12 | 10 | 2 | 18 | 25 | 19 | 43 |
| OPM % | 1% | 1% | 3% | 3% | 4% | 5% | 3% | 25% | 74% | 75% | 65% | 79% |
| 0 | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -0 | 13 | |
| Interest | 1 | 2 | 3 | 1 | 2 | 1 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 0 | 0 | 2 | 3 | 6 | 11 | 9 | 2 | 18 | 25 | 18 | 55 |
| Tax % | 32% | 30% | 16% | 20% | 20% | 18% | 23% | 28% | 29% | 24% | 26% | 23% |
| 0 | 0 | 2 | 3 | 5 | 9 | 7 | 1 | 13 | 19 | 14 | 42 | |
| EPS in Rs | 0.95 | 0.70 | 10.10 | 2.43 | 4.50 | 8.19 | 6.59 | 1.21 | 12.00 | 17.62 | 12.68 | 39.77 |
| Dividend Payout % | -0% | 42% | 6% | 12% | 13% | 7% | 9% | 50% | 8% | 11% | 24% | 18% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | -9% |
| 5 Years: | -30% |
| 3 Years: | 30% |
| TTM: | 86% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 77% |
| 5 Years: | 43% |
| 3 Years: | 49% |
| TTM: | 214% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 56% |
| 3 Years: | 78% |
| 1 Year: | 140% |
| Return on Equity | |
|---|---|
| 10 Years: | 30% |
| 5 Years: | 30% |
| 3 Years: | 33% |
| Last Year: | 44% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 1 | 1 | 1 | 6 | 6 | 6 | 6 | 6 | 11 | 11 | 11 | 11 |
| Reserves | 2 | 2 | 4 | 9 | 13 | 22 | 28 | 28 | 36 | 55 | 66 | 107 |
| 17 | 20 | 5 | 18 | 18 | 6 | 1 | 3 | -0 | 2 | 0 | -0 | |
| 0 | 1 | 1 | 12 | 3 | 4 | 4 | 3 | 3 | 4 | 4 | 7 | |
| Total Liabilities | 21 | 24 | 11 | 45 | 41 | 38 | 40 | 40 | 50 | 72 | 80 | 125 |
| 1 | 1 | 0 | 0 | 0 | 0 | 1 | 1 | 0 | 1 | 1 | 1 | |
| CWIP | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 |
| Investments | 0 | 1 | 0 | 0 | 1 | 0 | 0 | 0 | 3 | 18 | 39 | 49 |
| 19 | 22 | 11 | 45 | 41 | 37 | 38 | 39 | 46 | 52 | 40 | 75 | |
| Total Assets | 21 | 24 | 11 | 45 | 41 | 38 | 40 | 40 | 50 | 72 | 80 | 125 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -13 | -1 | 16 | -21 | 1 | 16 | 8 | -8 | 7 | 21 | 21 | 16 | |
| -0 | -0 | 2 | 1 | 2 | 1 | -0 | 2 | -3 | -18 | -19 | -10 | |
| 14 | 1 | -17 | 19 | -2 | -14 | -6 | 0 | -4 | 1 | -4 | -4 | |
| Net Cash Flow | 1 | -1 | 2 | -1 | 2 | 3 | 2 | -6 | 1 | 4 | -3 | 2 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 1 | 0 | 0 | 1 | 3 | 4 | 3 | 45 | 22 | 36 | 38 | 30 |
| Inventory Days | 32 | 52 | 16 | 93 | 65 | 44 | 28 | |||||
| Days Payable | 0 | -0 | 0 | 0 | -0 | 0 | -0 | |||||
| Cash Conversion Cycle | 32 | 53 | 16 | 94 | 68 | 47 | 30 | 45 | 22 | 36 | 38 | 30 |
| Working Capital Days | 32 | 53 | 16 | 63 | 58 | 39 | 26 | 1,224 | 485 | 346 | 310 | 377 |
| ROCE % | 9% | 9% | 27% | 22% | 23% | 33% | 27% | 6% | 44% | 44% | 26% |
Documents
Announcements
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Trading Window-XBRL
1 July 2024 - WEALTH FIRST PORTFOLIO MANAGERS LIMITED has informed about Closure of Trading Window
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Trading Window
29 June 2024 - Wealth First Portfolio Managers Limited has informed regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015
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Related Party Transactions
16 May 2024 - Wealth First Portfolio Managers Limited has informed about related Party Transactions
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Investor Presentation
9 May 2024 - Wealth First Portfolio Managers Limited has informed about Investor Presentation
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Copy of Newspaper Publication
9 May 2024 - Wealth First Portfolio Managers Limited has informed about Copy of Newspaper Publication
Annual reports
Concalls
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May 2024TranscriptNotesPPT
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