5nance5nance
5nance5nance
HomeScreens
LOGINGET FREE ACCOUNT

Nuvama Wealth Management Ltd.

•
nuvama.comBSE: 543988NSE: NUVAMA
Market Cap₹ 32,013 Cr.
Current Price
High / Low₹ 2,066 / 1,097
Stock P/E29.6
Book Value₹ 235
Price to Book5.22
Dividend Yield1.60 %
ROCE17.5 %
ROE28.0 %
Face Value₹ 2

Add ratio to table

ABOUT

KEY POINTS

Revenue Breakup Mar 2026 • Wealth Management Business: 52.2% • Capital Based Business: 36.2% • Unallocated: 9.0%

AI Sector View

AI GENERATED

Financial Services

Buy

Financials remain one of the clearest macro beneficiaries. Loan growth was 18.3% (Aug/26) versus deposit growth 14.7% (Aug/26), SCB credit growth was 17.5% YoY (2026-07), UPI transactions rose 22.0% YoY (2026-07), and M3 money supply grew 15.0% YoY (2026-07). Sector flows have also turned meaningfully supportive, with INR 13171 crore net FPI inflow over 3 months to 2026-08-31 after INR -114652 crore in the prior 3 months.

Confidence
84%
View full sector analysis →

PROS

  • Solid return on assets for a lender - ROA of 10.2%
  • Company has a good return on equity (ROE) track record: 3 Years ROE 28.2%
  • Company has consistently been profitable over the last 5 years
  • Company has delivered good sales growth of 30.8% CAGR over last 5 years
  • Operating margins have improved to 52.7% from 40.2%
  • Company has been maintaining a healthy dividend payout of 48.6%

CONS

  • Free cash flow has been persistently negative
  • Stock is trading at 5.2x its book value

* The pros and cons are machine generated based on quantitative rules.

Peer comparison

Financial ServicesFinanceFinance - Stock Broking
Part ofNIFTY TOTAL MKTNIFTY 500NIFTY SMLCAP 250
S.No.Name
1.MCX3275.0054.1683509.830.24413.44103.47702.0088.1048.1070.40
2.MOTILALOFS1027.0531.2461861.610.581273.719.533425.7625.4912.6857.49
3.360ONE1092.2035.2744514.201.10330.5316.111226.0926.8512.2863.01
4.NUVAMA1735.6029.5632012.991.60305.6415.831376.2222.5917.5252.80
5.ANGELONE305.0027.0127878.111.332313.981921.5114296.911153.5314.8733.92
6.CHOICEIN758.8571.1216905.390.0060.6126.37309.7932.4619.4333.83
7.IIFLCAPS338.6518.7210673.530.89184.164.92631.483.1323.2735.76
8.SHAREINDIA199.0511.984355.720.80124.4147.45448.0931.2521.0044.76
9.ARSSBL489.0023.763083.951.0223.352.35246.1022.3719.7239.54
10.MONARCH373.2516.342960.180.2745.18-0.1590.89-7.2533.2666.00
11.GEOJITFSL78.3430.152186.641.9119.83-30.83160.407.469.3520.55
12.ALGOQUANT64.6740.011817.850.00164.803610.04778.701328.8133.5733.64
Detailed Comparison with:

Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
6037358419299511,0531,0341,1201,1231,1351,1041,2691,376
357375396463457488453545511541496641974
Operating Profit290360445466494565582575612593608629727
OPM %48.10%48.97%52.88%50.15%51.99%53.68%56.24%51.33%54.48%52.29%55.05%49.53%52.80%
Other Income22202415232126
Interest119147171183183200225215240237242258295
Depreciation22244545202124292425273627
150191230238293348334336349335341347411
Tax %19.69%24.34%23.66%23.75%25.92%25.89%24.70%25.21%24.87%25.48%25.36%24.87%25.55%
Net Profit0145176181221257252255264254254269306
3541505163731414737114152

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
7601,2091,6102,2153,1564,1584,6314,884
2878449691,3401,5921,9582,1912,652
Operating Profit4723656428741,5642,2002,4402,232
OPM %62.17%30.18%39.84%39.48%49.56%52.92%52.69%45.70%
21-538642162272123
Interest2002462783966208229771,032
Depreciation1550718913694113115
Profit before Tax357-4249354068121,3181,3851,432
Tax %20.72%-13.75%8.34%24.88%23.05%25.28%24.89%25.32%
Net Profit283-4838573056259851,0401,070
EPS109.09-168.59244.6792.07177.10274.1657.18—
Dividend Payout %17.42%-19.45%0.00%0.00%0.00%52.71%48.61%—

COMPOUNDED SALES GROWTH

10 Years:
—
5 Years:
31%
3 Years:
28%

COMPOUNDED PROFIT GROWTH

10 Years:
—
5 Years:
—
3 Years:
51%

STOCK PRICE CAGR

10 Years:
—
5 Years:
—
3 Years:
—
1 Year:
41%

RETURN ON EQUITY

10 Years:
—
5 Years:
24%
3 Years:
28%
Last Year:
28%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Corporate actions

2026

May 15

₹ 7

Rs.14.0000 per share(700%)Interim Dividend

2025

Nov 11

₹ 7

Rs.70.0000 per share(700%)Interim Dividend

2025

Jun 3

₹ 6.90

Rs.69.0000 per share(690%)Interim Dividend

2024

Nov 7

₹ 6.30

Rs.63.0000 per share(630%)Interim Dividend

2024

Aug 7

₹ 8.15

Rs.81.5000 per share(815%)Interim Dividend

Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital26353535353636
Minority Interest171005432
1,056-652-3592,1862,8073,3884,009
1,2873,6875,8115,4266,9418,02911,729
Trade Payables1161,1701,6381,7573,6706,0442,331
2,5523,0933,4713,3076,89410,85816,354
Total Liabilities5,2097,33310,59612,71520,35128,35834,461
108162203269278271242
6652570170170221358
2132078901,3107371,4341,702
0000597739991
Cash & Bank2,9804,5544,7525,32812,61320,22721,917
1,2442,3854,6815,6385,9555,4659,251
Total Assets5,2097,33310,59612,71520,35128,35834,461

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
-496-1,066-1,356-1,792-1,658-373-3,014
Cash from Investing-112-93-153-177-80-64-128
Cash from Financing2358472,2091,8251,3166013,181
-376-354631-217-42216440

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026

Shareholding Pattern

Numbers in percentages

Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
55.6855.1854.9354.7854.7354.6554.2054.1353.98
6.7313.8715.4616.5817.1416.3016.3916.9419.00
1.431.534.715.806.357.598.378.308.49
Government0.000.000.000.000.000.000.000.000.00
36.1629.4124.9022.8421.7621.4621.0420.6318.53

Documents

Corporate disclosures, annual reports, credit ratings, and concall transcripts

2026-09-07
ESOP/ESOS/ESPS

2026-09-07 - Nuvama Wealth Management Limited has informed the Exchange regarding Allotment of 230858 Shares.

2026-09-04
Analysts/Institutional Investor Meet/Con. Call Updates

2026-09-04 - Nuvama Wealth Management Limited has informed the Exchange about Schedule of meet

2026-09-04
Analysts/Institutional Investor Meet/Con. Call Updates

2026-09-04 - Nuvama Wealth Management Limited has informed the Exchange about Schedule of meet

2026-09-04
Analysts/Institutional Investor Meet/Con. Call Updates

2026-09-04 - Nuvama Wealth Management Limited has informed the Exchange about Schedule of meet

2026-09-04
Copy of Newspaper Publication

2026-09-04 - Nuvama Wealth Management Limited has informed the Exchange about Copy of Newspaper Publication

2026-09-03
Updates

2026-09-03 - Nuvama Wealth Management Limited has informed the Exchange regarding 'Letter to Members in relation to Notice of the 33rd Annual General Meeting and Annual Report for FY 2026'.

2026-09-03
Shareholders meeting

2026-09-03 - Nuvama Wealth Management Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on September 28, 2026

2026-09-02
Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company

2026-09-02 - Nuvama Wealth Management Limited has informed the Exchange about an update on material litigation

2026-09-01
General Updates

2026-09-01 - Nuvama Wealth Management Limited has informed the Exchange about Grant of Employee Stock Appreciation Rights under the Nuvama Wealth Management Limited Employee Stock Appreciation Rights Scheme 2026

News

Recent coverage and analyst commentary for NUVAMA

Loading news…

🤖

AI Stock Analyst

Nuvama Wealth Management Ltd.

🔒

Sign in to Chat with AI

Log in with your 5nance account to ask institutional questions about performance, financials, and outlook.

✨ Sign In to Chat

Free 5nance Account

5nance5nance

Stock analysis and screening tool

5nanceAI © 2020-2026

Made with ❤️ in India.

Data provided by Accord Fintech

Terms & Privacy.

Product

PremiumWhat's new?Learn

Team

About usSupport

Theme

5nance5nance

Product

PremiumWhat's new?Learn

Team

About usSupport

Theme

5nanceAI © 2020-2026

Data provided by Accord Fintech

Made with ❤️ in India.

HomeScreens
Login