Wealth First Portfolio Managers Ltd
Incorporated in 2002, Wealth First Portfolio Managers Ltd is in the business of wealth management[1]
- Market Cap ₹ 1,592 Cr.
- Current Price ₹ 1,494
- High / Low ₹ 1,715 / 385
- Stock P/E 30.0
- Book Value ₹ 136
- Dividend Yield 0.54 %
- ROCE 56.9 %
- ROE 43.8 %
- Face Value ₹ 10.0
Pros
- 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%
- Debtor days have improved from 34.9 to 26.2 days.
Cons
- Stock is trading at 11.0 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 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|
| 151 | 199 | 224 | 331 | 10 | 25 | 33 | 29 | 67 | 70 | |
| 146 | 191 | 212 | 321 | 7 | 6 | 8 | 10 | 11 | 12 | |
| Operating Profit | 4 | 8 | 12 | 10 | 2 | 18 | 25 | 19 | 56 | 58 |
| OPM % | 3% | 4% | 5% | 3% | 25% | 74% | 75% | 65% | 83% | 83% |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 12 | |
| Interest | 1 | 2 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 3 | 6 | 11 | 9 | 2 | 18 | 25 | 19 | 55 | 70 |
| Tax % | 20% | 20% | 18% | 23% | 28% | 29% | 24% | 26% | 23% | |
| 3 | 5 | 9 | 7 | 1 | 13 | 19 | 14 | 43 | 53 | |
| EPS in Rs | 2.43 | 4.49 | 8.18 | 6.62 | 1.20 | 12.08 | 17.69 | 12.98 | 40.06 | 49.88 |
| Dividend Payout % | 12% | 13% | 7% | 9% | 50% | 8% | 11% | 23% | 17% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | -27% |
| 3 Years: | 40% |
| TTM: | 81% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 43% |
| 3 Years: | 49% |
| TTM: | 121% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 77% |
| 3 Years: | 83% |
| 1 Year: | 281% |
| 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 | Sep 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 6 | 6 | 6 | 6 | 6 | 11 | 11 | 11 | 11 | 11 |
| Reserves | 9 | 13 | 21 | 28 | 28 | 36 | 55 | 66 | 108 | 134 |
| 18 | 18 | 6 | 1 | 3 | 0 | 2 | 0 | 0 | 6 | |
| 12 | 3 | 4 | 4 | 3 | 3 | 4 | 4 | 7 | 48 | |
| Total Liabilities | 45 | 41 | 38 | 40 | 40 | 50 | 72 | 80 | 125 | 199 |
| 0 | 0 | 0 | 1 | 1 | 0 | 1 | 1 | 1 | 1 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 2 | 17 | 39 | 48 | 40 |
| 45 | 41 | 38 | 39 | 39 | 47 | 53 | 41 | 76 | 157 | |
| Total Assets | 45 | 41 | 38 | 40 | 40 | 50 | 72 | 80 | 125 | 199 |
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 | 26 |
| Inventory Days | 93 | 66 | 44 | 28 | |||||
| Days Payable | 0 | 0 | 0 | 0 | |||||
| Cash Conversion Cycle | 94 | 69 | 48 | 31 | 45 | 23 | 37 | 42 | 26 |
| Working Capital Days | 63 | 59 | 39 | 26 | 1,236 | 491 | 351 | 318 | 310 |
| ROCE % | 23% | 33% | 28% | 6% | 44% | 44% | 26% | 57% |
Documents
Announcements
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Copy of Newspaper Publication
16 November 2024 - Wealth First Portfolio Managers Limited has informed about Copy of Newspaper Publication
-
Notice Of Shareholders Meetings-XBRL
15 November 2024 - WEALTH FIRST PORTFOLIO MANAGERS LIMITED has informed about Notice of Shareholders Meeting for Postal Ballot
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Shareholders meeting
15 November 2024 - Wealth First Portfolio Managers Limited has informed regarding Notice of Postal Ballot
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Outcome of Board Meeting
12 November 2024 - Wealth First Portfolio Managers Limited has informed regarding Outcome of Board Meeting held on November 12, 2024.
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Board Meeting Intimation
11 November 2024 - WEALTH FIRST PORTFOLIO MANAGERS LIMITED has informed about Board Meeting to be held on 12-Nov-2024 to consider Other business.
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