Nuvama Wealth Management Ltd.
•₹ 1,743.60.91%
2026-08-21
ABOUT
KEY POINTS
Revenue Breakup Mar 2025 • Wealth Management Business: 46.7% • Capital Based Business: 42.0% • Unallocated: 8.7% • Asset Management Business: 2.5%
PROS
- Company has delivered good profit growth of 28.4% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 29.9%
- Solid return on assets for a lender - ROA of 10.0%
- Asset quality is healthy - gross NPA of just 0.0%
- Company has delivered good sales growth of 40.5% CAGR over last 5 years
- Operating margins have improved to 52.9% from 40.5%
CONS
- Capital adequacy is tight at 0.0% - limited headroom to grow
- Free cash flow has been persistently negative
- Thin net interest margin of 0.0%
- Stock is trading at 6.4x its book value
- Growth is decelerating - 3Y profit CAGR (4.7%) trails the 5Y trend (28.4%)
- Expensive relative to growth - PEG of 6.2
* The pros and cons are machine generated based on quantitative rules.
Peer comparison
EDIT COLUMNS| S.No. | Name | CMP Rs. | P/E | Mar Cap Rs.Cr. | Div Yld % | NP Qtr Rs.Cr. | Qtr Profit Var % | Sales Qtr Rs.Cr. | Qtr Sales Var % | ROCE % | OPM % |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | MCX | 2973.00 | 49.17 | 75809.08 | 0.27 | 413.44 | 103.47 | 702.00 | 88.10 | 28.14 | 70.40 |
| 2. | MOTILALOFS | 938.00 | 28.53 | 56497.92 | 0.64 | 1273.71 | 9.53 | 3425.76 | 25.49 | 12.68 | 57.49 |
| 3. | 360ONE | 1177.35 | 37.96 | 47905.10 | 1.02 | 330.53 | 16.11 | 1226.09 | 26.85 | 12.28 | 63.01 |
| 4. | NUVAMA | 1732.20 | 29.37 | 31805.89 | 1.62 | 305.64 | 15.83 | 1376.22 | 22.59 | 20.45 | 52.80 |
| 5. | ANGELONE | 289.50 | 25.63 | 26451.25 | 1.40 | 231.40 | 102.15 | 1429.69 | 25.35 | 14.87 | 33.92 |
| 6. | CHOICEIN | 799.55 | 74.94 | 17812.10 | 0.00 | 60.61 | 26.37 | 309.79 | 32.46 | 23.09 | 33.83 |
| 7. | IIFLCAPS | 334.20 | 18.45 | 10520.83 | 0.90 | 1841.63 | 949.18 | 6314.82 | 922.86 | 23.27 | 35.76 |
| 8. | SHAREINDIA | 175.65 | 10.58 | 3843.67 | 0.91 | 124.41 | 47.45 | 448.09 | 31.25 | 21.00 | 44.76 |
| 9. | ARSSBL | 498.35 | 24.21 | 3142.91 | 1.00 | 23.35 | 2.35 | 246.10 | 22.37 | 19.72 | 39.54 |
| 10. | MONARCH | 384.05 | 16.82 | 3045.84 | 0.26 | 45.18 | -0.15 | 90.89 | -7.25 | 33.26 | 66.00 |
| 11. | GEOJITFSL | 80.00 | 30.79 | 2232.98 | 1.88 | 19.83 | -30.83 | 160.40 | 7.46 | 9.35 | 20.55 |
| 12. | 5PAISA | 404.35 | 42.88 | 1895.68 | 0.00 | 115.69 | 901.82 | 883.29 | 1036.94 | 9.94 | 29.51 |
Detailed Comparison with:
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 603 | 735 | 841 | 929 | 951 | 1,053 | 1,034 | 1,120 | 1,123 | 1,135 | 1,104 | 1,269 | 1,376 | |
| 357 | 375 | 396 | 463 | 457 | 488 | 453 | 545 | 511 | 541 | 496 | 641 | 974 | |
| Operating Profit | — | — | — | — | — | — | — | — | — | — | — | — | — |
| OPM % | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Income | 2 | 2 | 2 | 0 | 2 | 4 | 1 | 5 | 2 | 3 | 2 | 12 | 6 |
| Interest | 119 | 147 | 171 | 183 | 183 | 200 | 225 | 215 | 240 | 237 | 242 | 258 | 295 |
| Depreciation | 22 | 24 | 45 | 45 | 20 | 21 | 24 | 29 | 24 | 25 | 27 | 36 | 27 |
| 150 | 191 | 230 | 238 | 293 | 348 | 334 | 336 | 349 | 335 | 341 | 347 | 411 | |
| 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 Profit | 0 | 145 | 176 | 181 | 221 | 257 | 252 | 255 | 264 | 254 | 254 | 269 | 306 |
| 35 | 41 | 50 | 51 | 63 | 73 | 14 | 14 | 73 | 71 | 14 | 15 | 2 | |
| Equity Capital | 35 | 35 | 35 | 35 | 35 | 36 | 36 | 36 | 36 | 36 | 36 | 36 | 37 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Equity Capital | 35 | 35 | 35 | 35 | 35 | 36 | 36 | 36 | 36 | 36 | 36 | 36 | 37 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Jun 2023
- 603
- 357
- Operating Profit
- —
- OPM %
- —
- Other Income
- 2
- Interest
- 119
- Depreciation
- 22
- 150
- Tax %
- 19.69%
- Net Profit
- 0
- 35
- Equity Capital
- 35
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 35
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2023
- 735
- 375
- Operating Profit
- —
- OPM %
- —
- Other Income
- 2
- Interest
- 147
- Depreciation
- 24
- 191
- Tax %
- 24.34%
- Net Profit
- 145
- 41
- Equity Capital
- 35
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 35
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2023
- 841
- 396
- Operating Profit
- —
- OPM %
- —
- Other Income
- 2
- Interest
- 171
- Depreciation
- 45
- 230
- Tax %
- 23.66%
- Net Profit
- 176
- 50
- Equity Capital
- 35
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 35
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2024
- 929
- 463
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 183
- Depreciation
- 45
- 238
- Tax %
- 23.75%
- Net Profit
- 181
- 51
- Equity Capital
- 35
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 35
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2024
- 951
- 457
- Operating Profit
- —
- OPM %
- —
- Other Income
- 2
- Interest
- 183
- Depreciation
- 20
- 293
- Tax %
- 25.92%
- Net Profit
- 221
- 63
- Equity Capital
- 35
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 35
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2024
- 1,053
- 488
- Operating Profit
- —
- OPM %
- —
- Other Income
- 4
- Interest
- 200
- Depreciation
- 21
- 348
- Tax %
- 25.89%
- Net Profit
- 257
- 73
- Equity Capital
- 36
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 36
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2024
- 1,034
- 453
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 225
- Depreciation
- 24
- 334
- Tax %
- 24.70%
- Net Profit
- 252
- 14
- Equity Capital
- 36
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 36
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2025
- 1,120
- 545
- Operating Profit
- —
- OPM %
- —
- Other Income
- 5
- Interest
- 215
- Depreciation
- 29
- 336
- Tax %
- 25.21%
- Net Profit
- 255
- 14
- Equity Capital
- 36
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 36
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2025
- 1,123
- 511
- Operating Profit
- —
- OPM %
- —
- Other Income
- 2
- Interest
- 240
- Depreciation
- 24
- 349
- Tax %
- 24.87%
- Net Profit
- 264
- 73
- Equity Capital
- 36
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 36
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2025
- 1,135
- 541
- Operating Profit
- —
- OPM %
- —
- Other Income
- 3
- Interest
- 237
- Depreciation
- 25
- 335
- Tax %
- 25.48%
- Net Profit
- 254
- 71
- Equity Capital
- 36
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 36
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2025
- 1,104
- 496
- Operating Profit
- —
- OPM %
- —
- Other Income
- 2
- Interest
- 242
- Depreciation
- 27
- 341
- Tax %
- 25.36%
- Net Profit
- 254
- 14
- Equity Capital
- 36
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 36
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2026
- 1,269
- 641
- Operating Profit
- —
- OPM %
- —
- Other Income
- 12
- Interest
- 258
- Depreciation
- 36
- 347
- Tax %
- 24.87%
- Net Profit
- 269
- 15
- Equity Capital
- 36
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 36
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2026
- 1,376
- 974
- Operating Profit
- —
- OPM %
- —
- Other Income
- 6
- Interest
- 295
- Depreciation
- 27
- 411
- Tax %
- 25.55%
- Net Profit
- 306
- 2
- Equity Capital
- 37
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 37
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|
| 760 | 1,209 | 1,610 | 2,215 | 3,156 | 4,158 | 4,884 | |
| 287 | 844 | 969 | 1,340 | 1,592 | 1,958 | 2,652 | |
| Operating Profit | 493 | 463 | 652 | 890 | 1,566 | 2,227 | — |
| OPM % | 65 | 38 | 40 | 40 | 50 | 54 | — |
| Other Income | 21 | 98 | 10 | 16 | 2 | 27 | 23 |
| Interest | 200 | 246 | 278 | 396 | 620 | 822 | 1,032 |
| Depreciation | 15 | 50 | 71 | 89 | 136 | 94 | 115 |
| 357 | -424 | 935 | 406 | 812 | 1,318 | 1,432 | |
| Tax % | 21 | -14 | 8 | 25 | 23 | 25 | 25 |
| Net Profit | 283 | -483 | 857 | 305 | 625 | 985 | 1,070 |
| EPS | 109 | -169 | 245 | 92 | 177 | 274 | — |
| Dividend Payout % | 17 | -19 | 0 | 0 | 0 | 53 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 1 | -0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 15 |
| Adjusted EPS | 22 | -27 | 49 | 17 | 35 | 55 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 1 | -0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 15 |
| Adjusted EPS | 22 | -27 | 49 | 17 | 35 | 55 | — |
Mar 2020
- 760
- 287
- Operating Profit
- 493
- OPM %
- 65
- Other Income
- 21
- Interest
- 200
- Depreciation
- 15
- 357
- Tax %
- 21
- Net Profit
- 283
- EPS
- 109
- Dividend Payout %
- 17
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 22
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 22
Mar 2021
- 1,209
- 844
- Operating Profit
- 463
- OPM %
- 38
- Other Income
- 98
- Interest
- 246
- Depreciation
- 50
- -424
- Tax %
- -14
- Net Profit
- -483
- EPS
- -169
- Dividend Payout %
- -19
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -27
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -27
Mar 2022
- 1,610
- 969
- Operating Profit
- 652
- OPM %
- 40
- Other Income
- 10
- Interest
- 278
- Depreciation
- 71
- 935
- Tax %
- 8
- Net Profit
- 857
- EPS
- 245
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 49
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 49
Mar 2023
- 2,215
- 1,340
- Operating Profit
- 890
- OPM %
- 40
- Other Income
- 16
- Interest
- 396
- Depreciation
- 89
- 406
- Tax %
- 25
- Net Profit
- 305
- EPS
- 92
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 17
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 17
Mar 2024
- 3,156
- 1,592
- Operating Profit
- 1,566
- OPM %
- 50
- Other Income
- 2
- Interest
- 620
- Depreciation
- 136
- 812
- Tax %
- 23
- Net Profit
- 625
- EPS
- 177
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 35
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 35
Mar 2025
- 4,158
- 1,958
- Operating Profit
- 2,227
- OPM %
- 54
- Other Income
- 27
- Interest
- 822
- Depreciation
- 94
- 1,318
- Tax %
- 25
- Net Profit
- 985
- EPS
- 274
- Dividend Payout %
- 53
- Minority Interest
- 1
- Share of Associates
- 0
- Adjusted EPS
- 55
- Minority Interest
- 1
- Share of Associates
- 0
- Adjusted EPS
- 55
TTM
- 4,884
- 2,652
- Operating Profit
- —
- OPM %
- —
- Other Income
- 23
- Interest
- 1,032
- Depreciation
- 115
- 1,432
- Tax %
- 25
- Net Profit
- 1,070
- EPS
- —
- Dividend Payout %
- —
- Minority Interest
- -0
- Share of Associates
- 15
- Adjusted EPS
- —
- Minority Interest
- -0
- Share of Associates
- 15
- Adjusted EPS
- —
COMPOUNDED SALES GROWTH
- 10 Years:
- —
- 5 Years:
- 40%
- 3 Years:
- 37%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- —
- 5 Years:
- 28%
- 3 Years:
- 5%
STOCK PRICE CAGR
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- —
- 1 Year:
- 26%
RETURN ON EQUITY
- 10 Years:
- —
- 5 Years:
- -30%
- 3 Years:
- 30%
- Last Year:
- 32%
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| LIABILITIES | - | - | - | - | - | - |
| Equity Capital | 26 | 35 | 35 | 35 | 35 | 36 |
| 1,056 | -652 | -359 | 2,186 | 2,807 | 3,388 | |
| 626 | 385 | 1,384 | 1,840 | 3,193 | 4,582 | |
| Trade Payables | 116 | 1,170 | 1,638 | 1,757 | 3,670 | 6,044 |
| 3,385 | 6,394 | 7,898 | 6,898 | 10,646 | 14,308 | |
| Total Liabilities | 5,209 | 7,333 | 10,596 | 12,715 | 20,351 | 28,358 |
| ASSETS | - | - | - | - | - | - |
| 108 | 162 | 203 | 269 | 278 | 271 | |
| 665 | 25 | 70 | 170 | 170 | 221 | |
| 213 | 207 | 890 | 1,310 | 737 | 1,434 | |
| 0 | 0 | 0 | 0 | 597 | 739 | |
| Cash & Bank | 2,980 | 4,554 | 4,752 | 5,328 | 12,613 | 20,227 |
| 1,244 | 2,385 | 4,681 | 5,638 | 5,955 | 5,465 | |
| Total Assets | 5,209 | 7,333 | 10,596 | 12,715 | 20,351 | 28,358 |
| Total Debt | 1,287 | 3,672 | 5,793 | 5,413 | 6,746 | 7,839 |
| Net Working Capital | 1,062 | 2,080 | 3,634 | 5,139 | 1,016 | 1,605 |
| Contingent Liabilities | 1,479 | 725 | 1,172 | 4,751 | 1,504 | 2,868 |
| Book Value per Share | 400.89 | -187.54 | -102.68 | 624.76 | 799.25 | 946.51 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
| Total Debt | 1,287 | 3,672 | 5,793 | 5,413 | 6,746 | 7,839 |
| Net Working Capital | 1,062 | 2,080 | 3,634 | 5,139 | 1,016 | 1,605 |
| Contingent Liabilities | 1,479 | 725 | 1,172 | 4,751 | 1,504 | 2,868 |
| Book Value per Share | 400.89 | -187.54 | -102.68 | 624.76 | 799.25 | 946.51 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
Mar 2020
- Equity Capital
- 26
- 1,056
- 626
- Trade Payables
- 116
- 3,385
- Total Liabilities
- 5,209
- 108
- 665
- 213
- 0
- Cash & Bank
- 2,980
- 1,244
- Total Assets
- 5,209
- Total Debt
- 1,287
- Net Working Capital
- 1,062
- Contingent Liabilities
- 1,479
- Book Value per Share
- 400.89
- Face Value
- 10.00
- Total Debt
- 1,287
- Net Working Capital
- 1,062
- Contingent Liabilities
- 1,479
- Book Value per Share
- 400.89
- Face Value
- 10.00
Mar 2021
- Equity Capital
- 35
- -652
- 385
- Trade Payables
- 1,170
- 6,394
- Total Liabilities
- 7,333
- 162
- 25
- 207
- 0
- Cash & Bank
- 4,554
- 2,385
- Total Assets
- 7,333
- Total Debt
- 3,672
- Net Working Capital
- 2,080
- Contingent Liabilities
- 725
- Book Value per Share
- -187.54
- Face Value
- 10.00
- Total Debt
- 3,672
- Net Working Capital
- 2,080
- Contingent Liabilities
- 725
- Book Value per Share
- -187.54
- Face Value
- 10.00
Mar 2022
- Equity Capital
- 35
- -359
- 1,384
- Trade Payables
- 1,638
- 7,898
- Total Liabilities
- 10,596
- 203
- 70
- 890
- 0
- Cash & Bank
- 4,752
- 4,681
- Total Assets
- 10,596
- Total Debt
- 5,793
- Net Working Capital
- 3,634
- Contingent Liabilities
- 1,172
- Book Value per Share
- -102.68
- Face Value
- 10.00
- Total Debt
- 5,793
- Net Working Capital
- 3,634
- Contingent Liabilities
- 1,172
- Book Value per Share
- -102.68
- Face Value
- 10.00
Mar 2023
- Equity Capital
- 35
- 2,186
- 1,840
- Trade Payables
- 1,757
- 6,898
- Total Liabilities
- 12,715
- 269
- 170
- 1,310
- 0
- Cash & Bank
- 5,328
- 5,638
- Total Assets
- 12,715
- Total Debt
- 5,413
- Net Working Capital
- 5,139
- Contingent Liabilities
- 4,751
- Book Value per Share
- 624.76
- Face Value
- 10.00
- Total Debt
- 5,413
- Net Working Capital
- 5,139
- Contingent Liabilities
- 4,751
- Book Value per Share
- 624.76
- Face Value
- 10.00
Mar 2024
- Equity Capital
- 35
- 2,807
- 3,193
- Trade Payables
- 3,670
- 10,646
- Total Liabilities
- 20,351
- 278
- 170
- 737
- 597
- Cash & Bank
- 12,613
- 5,955
- Total Assets
- 20,351
- Total Debt
- 6,746
- Net Working Capital
- 1,016
- Contingent Liabilities
- 1,504
- Book Value per Share
- 799.25
- Face Value
- 10.00
- Total Debt
- 6,746
- Net Working Capital
- 1,016
- Contingent Liabilities
- 1,504
- Book Value per Share
- 799.25
- Face Value
- 10.00
Mar 2025
- Equity Capital
- 36
- 3,388
- 4,582
- Trade Payables
- 6,044
- 14,308
- Total Liabilities
- 28,358
- 271
- 221
- 1,434
- 739
- Cash & Bank
- 20,227
- 5,465
- Total Assets
- 28,358
- Total Debt
- 7,839
- Net Working Capital
- 1,605
- Contingent Liabilities
- 2,868
- Book Value per Share
- 946.51
- Face Value
- 10.00
- Total Debt
- 7,839
- Net Working Capital
- 1,605
- Contingent Liabilities
- 2,868
- Book Value per Share
- 946.51
- Face Value
- 10.00
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| -500 | -1,108 | -1,425 | -1,865 | -1,658 | -371 | |
| Cash from Investing | -112 | -93 | -153 | -177 | -80 | -65 |
| Cash from Financing | 235 | 847 | 2,209 | 1,825 | 1,316 | 601 |
| -376 | -354 | 631 | -217 | -422 | 164 | |
| Free Cash Flow | -500 | -1,267 | -1,505 | -1,994 | -1,781 | -397 |
| OCF / Net Profit | -1.77 | 2.29 | -1.66 | -6.11 | -2.65 | -0.38 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 0 | -6,944 |
| OCF / Net Profit | -1.77 | 2.29 | -1.66 | -6.11 | -2.65 | -0.38 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 0 | -6,944 |
Mar 2020
- -500
- Cash from Investing
- -112
- Cash from Financing
- 235
- -376
- Free Cash Flow
- -500
- OCF / Net Profit
- -1.77
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -1.77
- Cumulative 5-Year FCF
- 0
Mar 2021
- -1,108
- Cash from Investing
- -93
- Cash from Financing
- 847
- -354
- Free Cash Flow
- -1,267
- OCF / Net Profit
- 2.29
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 2.29
- Cumulative 5-Year FCF
- 0
Mar 2022
- -1,425
- Cash from Investing
- -153
- Cash from Financing
- 2,209
- 631
- Free Cash Flow
- -1,505
- OCF / Net Profit
- -1.66
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -1.66
- Cumulative 5-Year FCF
- 0
Mar 2023
- -1,865
- Cash from Investing
- -177
- Cash from Financing
- 1,825
- -217
- Free Cash Flow
- -1,994
- OCF / Net Profit
- -6.11
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -6.11
- Cumulative 5-Year FCF
- 0
Mar 2024
- -1,658
- Cash from Investing
- -80
- Cash from Financing
- 1,316
- -422
- Free Cash Flow
- -1,781
- OCF / Net Profit
- -2.65
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -2.65
- Cumulative 5-Year FCF
- 0
Mar 2025
- -371
- Cash from Investing
- -65
- Cash from Financing
- 601
- 164
- Free Cash Flow
- -397
- OCF / Net Profit
- -0.38
- Cumulative 5-Year FCF
- -6,944
- OCF / Net Profit
- -0.38
- Cumulative 5-Year FCF
- -6,944
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| PER SHARE | - | - | - | - | - | - |
| EPS (₹) | 109.09 | -136.78 | 246.90 | 87.03 | 177.10 | 274.14 |
| Book Value (₹) | 400.89 | -187.54 | -102.68 | 624.76 | 799.25 | 946.51 |
| Dividend per Share (₹) | 19.00 | 26.60 | 0.00 | 0.00 | 0.00 | 144.50 |
| Cash EPS (₹) | 22.68 | -24.92 | 53.47 | 22.46 | 43.12 | 60.01 |
| PROFITABILITY | - | - | - | - | - | - |
| Operating Margin % | 64.91% | 38.32% | 40.47% | 40.19% | 49.56% | 52.92% |
| Net Margin % | 37.22% | -39.94% | 53.23% | 13.77% | 19.80% | 23.69% |
| ROE % | 26.91% | -241.62% | 0.00% | 33.28% | 24.93% | 31.64% |
| ROCE % | 23.82% | -6.67% | 28.77% | 12.28% | 16.59% | 20.45% |
| 5.43% | -7.70% | 9.56% | 2.62% | 3.78% | 4.04% | |
| EFFICIENCY | - | - | - | - | - | - |
| Debtor Days | 168 | 94 | 132 | 147 | 86 | 59 |
| Inventory Days | 102 | 63 | 124 | 181 | 118 | 95 |
| Payable Days | 748 | 0 | 0 | 0 | 0 | 0 |
| -477 | 157 | 256 | 328 | 204 | 154 | |
| FINANCIAL HEALTH | - | - | - | - | - | - |
| Debt to Equity (x) | 1.22x | -5.64x | -16.25x | 2.47x | 2.39x | 2.30x |
| Interest Coverage (x) | 2.78x | -0.72x | 4.36x | 2.02x | 2.31x | 2.60x |
| 1.32x | 1.44x | 1.56x | 1.75x | 1.07x | 1.07x | |
| GROWTH | - | - | - | - | - | - |
| Revenue Growth % | 0.00% | 59.12% | 33.20% | 37.54% | 42.49% | 31.77% |
| Operating Profit Growth % | 0.00% | -6.05% | 40.67% | 36.58% | 75.93% | 42.22% |
| Net Profit Growth % | 0.00% | -270.75% | 277.53% | -64.41% | 104.82% | 57.65% |
| 0.00% | 0.00% | 0.00% | 0.00% | 103.49% | 54.79% | |
| VALUATION | - | - | - | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x | 0.00x | 26.41x | 22.18x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 0.00x | 5.85x | 6.42x |
| Dividend Yield % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 2.38% |
| 0.00x | 0.00x | 0.00x | 0.00x | 6.80x | 4.26x |
Mar 2020
- EPS (₹)
- 109.09
- Book Value (₹)
- 400.89
- Dividend per Share (₹)
- 19.00
- Cash EPS (₹)
- 22.68
- Operating Margin %
- 64.91%
- Net Margin %
- 37.22%
- ROE %
- 26.91%
- ROCE %
- 23.82%
- 5.43%
- Debtor Days
- 168
- Inventory Days
- 102
- Payable Days
- 748
- -477
- Debt to Equity (x)
- 1.22x
- Interest Coverage (x)
- 2.78x
- 1.32x
- Revenue Growth %
- 0.00%
- Operating Profit Growth %
- 0.00%
- Net Profit Growth %
- 0.00%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2021
- EPS (₹)
- -136.78
- Book Value (₹)
- -187.54
- Dividend per Share (₹)
- 26.60
- Cash EPS (₹)
- -24.92
- Operating Margin %
- 38.32%
- Net Margin %
- -39.94%
- ROE %
- -241.62%
- ROCE %
- -6.67%
- -7.70%
- Debtor Days
- 94
- Inventory Days
- 63
- Payable Days
- 0
- 157
- Debt to Equity (x)
- -5.64x
- Interest Coverage (x)
- -0.72x
- 1.44x
- Revenue Growth %
- 59.12%
- Operating Profit Growth %
- -6.05%
- Net Profit Growth %
- -270.75%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2022
- EPS (₹)
- 246.90
- Book Value (₹)
- -102.68
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 53.47
- Operating Margin %
- 40.47%
- Net Margin %
- 53.23%
- ROE %
- 0.00%
- ROCE %
- 28.77%
- 9.56%
- Debtor Days
- 132
- Inventory Days
- 124
- Payable Days
- 0
- 256
- Debt to Equity (x)
- -16.25x
- Interest Coverage (x)
- 4.36x
- 1.56x
- Revenue Growth %
- 33.20%
- Operating Profit Growth %
- 40.67%
- Net Profit Growth %
- 277.53%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2023
- EPS (₹)
- 87.03
- Book Value (₹)
- 624.76
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 22.46
- Operating Margin %
- 40.19%
- Net Margin %
- 13.77%
- ROE %
- 33.28%
- ROCE %
- 12.28%
- 2.62%
- Debtor Days
- 147
- Inventory Days
- 181
- Payable Days
- 0
- 328
- Debt to Equity (x)
- 2.47x
- Interest Coverage (x)
- 2.02x
- 1.75x
- Revenue Growth %
- 37.54%
- Operating Profit Growth %
- 36.58%
- Net Profit Growth %
- -64.41%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2024
- EPS (₹)
- 177.10
- Book Value (₹)
- 799.25
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 43.12
- Operating Margin %
- 49.56%
- Net Margin %
- 19.80%
- ROE %
- 24.93%
- ROCE %
- 16.59%
- 3.78%
- Debtor Days
- 86
- Inventory Days
- 118
- Payable Days
- 0
- 204
- Debt to Equity (x)
- 2.39x
- Interest Coverage (x)
- 2.31x
- 1.07x
- Revenue Growth %
- 42.49%
- Operating Profit Growth %
- 75.93%
- Net Profit Growth %
- 104.82%
- 103.49%
- P/E (x)
- 26.41x
- P/B (x)
- 5.85x
- Dividend Yield %
- 0.00%
- 6.80x
Mar 2025
- EPS (₹)
- 274.14
- Book Value (₹)
- 946.51
- Dividend per Share (₹)
- 144.50
- Cash EPS (₹)
- 60.01
- Operating Margin %
- 52.92%
- Net Margin %
- 23.69%
- ROE %
- 31.64%
- ROCE %
- 20.45%
- 4.04%
- Debtor Days
- 59
- Inventory Days
- 95
- Payable Days
- 0
- 154
- Debt to Equity (x)
- 2.30x
- Interest Coverage (x)
- 2.60x
- 1.07x
- Revenue Growth %
- 31.77%
- Operating Profit Growth %
- 42.22%
- Net Profit Growth %
- 57.65%
- 54.79%
- P/E (x)
- 22.18x
- P/B (x)
- 6.42x
- Dividend Yield %
- 2.38%
- 4.26x
Documents
Announcements
- ESOP/ESOS/ESPS
2026-08-06 - Nuvama Wealth Management Limited has informed the Exchange regarding Allotment of 1018986 Shares.
- General Updates
2026-08-05 - Investor Presentation (in US Dollars) on the unaudited Consolidated Financial Results for the quarter ended June 30, 2026
Annual Reports
Credit Ratings
- Credit Rating
2026-07-29 - Nuvama Wealth Management Limited has informed the Exchange about Credit Rating
- Credit Rating
2026-06-19 - Nuvama Wealth Management Limited has informed the Exchange about Credit Rating
- Credit Rating- Revision
2026-02-20 - Nuvama Wealth Management Limited has informed the Exchange about Credit Rating- Revision
Concalls
Aug 2026
Jul 2026
May 2026