Ahmedabad-based independent wealth management firm distributing mutual funds, PMS, bonds and pension products to HNI/retail clients, now expanding into insurance broking (Wealthshield) and a mutual fund AMC (Lakshya).
Price
Market Cap
Sector
Financial Services
Rank
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | FY26 |
|---|---|---|---|---|---|---|---|---|
| LiabilitiesEquity Capital | 6 | 11 | 11 | 11 | 11 | 11 | 11 | 11 |
| Reserves | 28 | 36 | 55 | 66 | 107 | 117 | 136 | 140 |
| Borrowings | 3 | 0 | 2 | 0 | 0 | 0 | 0 | 0 |
| Other Liabilities | 3 | 3 | 4 | 4 | 7 | 8 | 9 | 9 |
| Total Liabilities | 40 | 50 | 72 | 80 | 125 | 135 | 156 | 160 |
| AssetsFixed Assets | 1 | 0 | 1 | 1 | 1 | 1 | 1 | 1 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 3 | 18 | 39 | 49 | 31 | 33 | 88 |
| Other Assets | 39 | 46 | 52 | 40 | 75 | 103 | 121 | 71 |
| Total Assets | 40 | 50 | 72 | 80 | 125 | 135 | 156 | 160 |
| Line item | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | 8 | -8 | 7 | 21 | 21 | 16 | 9 | 72 |
| Cash from Investing | 0 | 2 | -3 | -18 | -19 | -10 | 10 | -55 |
| Cash from Financing | -6 | 0 | -4 | 1 | -4 | -4 | -21 | -18 |
| SummaryCapital Expenditure | — | — | — | — | — | — | — | — |
| Free Cash Flow | 7 | -8 | 7 | 20 | 20 | 16 | 8 | 71 |
| FCF Margin | — | — | — | — | — | — | — | — |
Lenders and insurers have a fundamentally different capital structure. Discounting net profit misvalues them — we exclude them rather than mislead you.
WEALTH · FINANCIALS_SECTOR
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