Wealth First Portfolio Managers Limited

Wealth First Portfolio Managers is strategically expanding its wealth management capabilities through a series of acquisitions and new ventures. The company finalized a deal to acquire Wealth First Advisors for approximately ₹52.1 crore, aiming to bolster its distribution network and scale assets under management, particularly in the key Maharashtra market. This inorganic growth strategy complements the launch of Lakshya AMC, backed by a ₹41 crore investment, and a newly acquired insurance broking license, signaling a broader diversification of services. With FY26 revenue up 28.7% to ₹68.4 crore and a significant turnaround in Q4, Wealth First appears poised to achieve its five-year objective of doubling its assets under management to ₹20,000 crore and establishing a leading position in India's wealth and asset management sector.