Wealth First Portfolio Managers Limited — PPTs, 27-01-2025: Investor Presentation

Total revenue grew by 34% YoY to Rs. 62.4 Cr for the nine months ended December 2024, driven by a remarkable 68% increase in trail-based revenue, which reached Rs. 36.0 Cr. Profit After Tax (PAT) also rose 33% YoY to Rs. 38.4 Cr., despite facing a one-time exceptional expense of Rs. 1.5 Cr. linked to a cyber fraud incident. Assets Under Advisory (AUA) saw a strong 26% increase, totaling Rs. 11,891.7 Cr.

The quarter's performance reflected the adverse impact of market corrections and selling pressure, which led to a drawdown in equity portfolio valuations. Wealth First expanded its client base significantly, adding 1,308 new clients and increasing total client families by 9% YoY to 6,395.

The Board approved a second interim dividend of Rs. 4 per equity share, raising the total dividend for the nine months to Rs. 12 per share, consistent with its policy of distributing at least 30% of consolidated profit to shareholders. The company remains optimistic about growth potential driven by rising income levels and increased financialization within the Indian economy.