Property Wizard AGM Highlights and Financial Performance
15th January 2026, Kathmandu
The Property Wizard AGM highlights present a comprehensive overview of the company’s strong financial performance, strategic decisions, and shareholder approvals during its third annual general meeting. Property Wizard Limited successfully concluded its 3rd AGM on Wednesday, Poush 30, 2082 (January 14, 2026), at the Aranya Boutique Hotel in Hattisar, Naxal, Kathmandu. The meeting was conducted in line with the resolution of the company’s Board of Directors and saw active participation from shareholders and senior management representatives.
Property Wizard AGM Highlights
During the AGM, shareholders thoroughly reviewed and approved the annual report for the fiscal year 2081/82. The discussions covered key financial statements, including the profit and loss account, balance sheet, and cash flow statement. These deliberations provided shareholders with a clear understanding of the company’s financial standing and operational progress over the review period, which was marked by significant growth in the Nepalese capital market services sector.
Approval of Dividend and Governance Resolutions
One of the most important Property Wizard AGM highlights was the approval of a cash dividend. Shareholders endorsed a proposal to distribute a cash dividend at the rate of 15.7895 percent from the company’s paid-up capital of Rs. 20 crore. The total dividend amount approved stood at Rs. 3,15,75,000, which includes the applicable taxes. This decision reflects the company’s commitment to sharing financial gains with its shareholders while maintaining the capital discipline required for future ventures.
In addition to dividend approval, the AGM also passed several key governance-related resolutions. Shareholders approved the appointment of an auditor for the fiscal year 2082/83 and finalized the auditor’s remuneration. Furthermore, a special proposal allowing the company to borrow loans exceeding its paid-up capital limit was discussed and approved. This authorization provides the company with greater financial flexibility for future expansion and large-scale operational needs.
Shareholder Eligibility and Financial Turnaround
For the purpose of conducting the AGM, Property Wizard Limited had closed its shareholders’ register and share transfer book for one day on Poush 26, 2082. As per regulatory provisions, only shareholders registered up to Poush 25, 2082, were eligible to attend the meeting and participate in the decision-making process. With the successful approval of all listed agendas, the company formally concluded its third annual general meeting with strong support from its investor base.
Advertisement
Beyond governance matters, the Property Wizard AGM highlights also shed light on the company’s notable financial turnaround in fiscal year 2081/82. Compared to the previous year, Property Wizard Limited reported a significant improvement across nearly all key financial indicators. The company’s total assets increased by 46.82 percent, reaching Rs. 47.96 crore, signaling a robust balance sheet growth and a successful expansion of its investment portfolio.
Core Business Growth and Profitability
A major driver of this performance was the sharp rise in income from brokerage and Depository Participant services, which surged by 136.25 percent. This growth was supported by increased market activity and improved service delivery to retail clients. Although other income declined during the year, the strong performance in core business segments helped offset this impact, demonstrating the company’s ability to generate revenue from its primary operations even in a shifting economic environment.
Despite an increase in operating and employee-related expenses, Property Wizard Limited recorded a remarkable turnaround in profitability. The company posted a net profit of Rs. 3.89 crore for the fiscal year 2081/82, representing a year-on-year growth of 243.55 percent. This substantial improvement highlights enhanced operational efficiency, better cost management, and a strengthened earnings capacity that has allowed the company to move from a recovery phase to a growth phase.
Investor Perspective and Future Outlook
From an investor perspective, the Property Wizard AGM highlights underline the company’s improving fundamentals and growing resilience within the financial services sector of Nepal. The approval of a double-digit dividend, coupled with triple-digit profit growth and significant asset expansion, positions the company favorably among market participants seeking stable returns and long-term value.
In conclusion, the Property Wizard AGM highlights reflect a successful annual meeting marked by sound governance decisions, shareholder-friendly dividend distribution, and impressive financial growth. With improved earnings performance and new strategic flexibility regarding loan borrowing, Property Wizard Limited appears well-positioned to build on its momentum in the 2082/83 fiscal year. This performance reinforces investor confidence and enhances the company’s credibility as a reliable player in the brokerage and investment landscape.
For More: Property Wizard AGM Highlights
