Wealth First Portfolio Managers Ltd

Wealth First Portfolio Managers Ltd has invested ₹1 Crore in its wholly-owned subsidiary, Lakshya Trustee Private Limited. The investment was made through the subscription of 10,00,000 Non-Convertible Non-Cumulative Redeemable Preference Shares at ₹10 each via a Rights Issue. This transaction ensures Lakshya Trustee Private Limited remains a wholly-owned subsidiary with no change in Wealth First's shareholding, control, or ownership. The funds are intended for administrative, general business, and operational requirements of Lakshya Trustee, which acts as a Trustee for Asset Management Company funds. The acquisition was completed at an arm's length basis and has received necessary board and audit committee approvals.

Wealth First Portfolio Managers Ltd has announced the closure of its trading window for designated persons and their immediate relatives. This closure will be effective from October 1, 2026, and will continue until 48 hours after the declaration of the company's unaudited standalone and consolidated financial results for the quarter and half-year ended September 30, 2026. During this period, trading in the company's equity shares by these individuals is prohibited. The date for the board meeting to consider these financial results will be announced later.

Wealth First Portfolio Managers Ltd has submitted its 24th Annual Report for the Financial Year 2025-26. The report includes the Notice of the 24th AGM, Directors' Report, Management Discussion and Analysis, Corporate Governance Report, and Independent Auditor's Report on standalone and consolidated financial statements. The audited standalone and consolidated financial statements, along with cash flow statements for the fiscal year ended March 31, 2026, are also included. The Annual Report has been dispatched electronically to members and uploaded on the company's website. The 24th Annual General Meeting is scheduled for September 24, 2026, via Video Conferencing.

Wealth First Portfolio Managers Ltd has announced that its 24th Annual General Meeting (AGM) will be held on Thursday, September 24, 2026, at 04:00 PM IST. The meeting will be conducted via Video Conference (VC) or Other Audio Visual Means (OAVM). Key agenda items include the adoption of financial statements for the fiscal year ended March 31, 2026, confirmation of interim dividends for FY 2025-26, and the declaration of a final dividend of ₹1.00 per equity share for FY 2025-26, if approved. The company has fixed September 17, 2026, as the record date for determining eligible shareholders for the final dividend and for e-voting. Remote e-voting will be open from September 21 to September 23, 2026.

Wealth First Portfolio Managers Ltd has announced that the record date for determining eligibility for the final dividend for the financial year 2025-26 has been fixed as September 17, 2026. The dividend, if approved at the 24th Annual General Meeting (AGM) scheduled for September 24, 2026, will be paid within 30 days of the AGM. The company will also provide e-voting facilities for shareholders. The AGM will be conducted via Video Conference (VC) or Other Audio Visual Means (OAVM). The cut-off date for shareholders eligible to vote electronically is also set as September 17, 2026, with remote e-voting available from September 21 to September 23, 2026.

Wealth First Portfolio Managers Ltd announced that its Board of Directors, in a meeting held on August 28, 2026, approved the convening of the 24th Annual General Meeting (AGM) on September 24, 2026, at 04:00 P.M IST. The AGM will be conducted via Video Conferencing/Other Audio Visual Means. The Board also approved the Notice of the 24th AGM, the Board of Directors Report for FY 2025-26, and appointed a scrutinizer for the e-voting process. Further details regarding the AGM, record date, and e-voting period will be communicated separately.

Wealth First Portfolio Managers Ltd announced its financial results for the first quarter ended June 30, 2026. The Board of Directors approved the Un-Audited Standalone and Consolidated Financial Results for the period. The results were accompanied by a Limited Review Report from the Statutory Auditors, M/s Jaimin Deliwala & Co. The meeting where these results were approved commenced at 11:35 AM and concluded at 12:40 PM on August 13, 2026. The results will be available on the websites of the BSE, NSE, and the company.

Wealth First Portfolio Managers' consolidated PAT fell 34.7% year-on-year to ₹10.42 Cr on revenue of ₹14.32 Cr, down 42.3% YoY from ₹24.81 Cr in Q1 FY26 — a sharp reversal from the 40-65% YoY growth the company had been posting through FY25-FY26. Standalone tracks the same trend (PAT ₹10.34 Cr, -36.3% YoY; revenue ₹14.08 Cr, -43.2% YoY), so this is not a consolidation-level distortion. Sequentially the picture looks stable — revenue down 13.2% QoQ and PAT down just 0.6% QoQ versus Q4 FY26 (₹16.51 Cr revenue, ₹10.49 Cr PAT) — but per the YoY-primary read, that flatness only underlines how much lower the base has reset versus a year ago, not a genuine recovery. The margin bridge shows the compression is structural, not one-off: consolidated net profit margin fell to 54.9% from 64.1% a year ago (and from 56.2% last quarter), while operating margin (on revenue-from-operations, excluding other income) dropped to about 63.4% from 86.3% YoY. Employee benefit expense — the company's dominant cost line as a broking/wealth-distribution business — rose 54.4% YoY to ₹2.94 Cr even as revenue nearly halved, the clearest driver of the squeeze; other expenses and finance costs are broadly flat and not material to the story. There is no formal management guidance on record and a web search turned up no analyst previews or consensus estimates for this quarter — Wealth First carries no visible sell-side coverage, so vs-street and vs-guidance are both unknown rather than a miss. No management press release accompanies this filing beyond the standard exchange intimation. Two corporate actions sit alongside the print: the board's ₹1/share dividend recommendation from its May 29, 2026 meeting (a FY26 year-end action, not tied to this quarter's earnings), and the two-phase acquisition of 100% of Wealth First Advisors Pvt Ltd for ₹102.15 Cr, which closed July 1, 2026 — after this quarter's June 30 cut-off, so it is not yet in these numbers. With the WFAPL acquisition now closed, Q2 FY27 consolidated figures should start reflecting the enlarged group, which will complicate a clean YoY comparison; investors will need to separate that inorganic effect from the underlying volume/margin trend flagged this quarter.

Wealth First Portfolio Managers Ltd has announced a Board of Directors meeting scheduled for August 13, 2026. The primary agenda items include the consideration and approval of the Unaudited Standalone and Consolidated Financial Results for the quarter ended June 30, 2026, along with their respective Limited Review Reports. The meeting will be conducted via Video Conference/Other Audio Visual Means. Additionally, the company has informed that the trading window for designated persons has been closed since June 24, 2026, and will remain shut until 48 hours after the declaration of the financial results, in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015.

Wealth First Portfolio Managers Limited has announced the acquisition of a controlling 51% stake in Mumbai-based wealth management firm Wealth First Advisors Private Limited (WFAPL) for an equity valuation of ₹102.15 crore. This strategic move significantly expands Wealth First's presence in India's largest wealth management market, boosting the combined assets under management (AUM) to nearly ₹9,000 crore. The acquisition marks a key step in Wealth First's evolution into an integrated national financial services institution. The remaining 49% stake in WFAPL will be acquired later, based on a March 31, 2029 valuation, settled through a share swap. This acquisition complements the firm's earlier entry into asset management, strengthening its advisory and distribution capabilities.