Nuvama Wealth Management Ltd.
•₹ 1,743.60.91%
2026-08-21
ABOUT
KEY POINTS
Revenue Breakup Mar 2025 • Capital Based Business: 64.7% • Holding Company Activity: 31.4% • Wealth Management: 3.2% • Unallocated: 0.7%
PROS
- Company has delivered good profit growth of 57.4% CAGR over last 5 years
- Solid return on assets for a lender - ROA of 10.0%
- Asset quality is healthy - gross NPA of just 0.0%
- Operating margins have improved to 57.7% from 22.6%
- Company has delivered good sales growth of 32.8% CAGR over last 5 years
CONS
- Capital adequacy is tight at 0.0% - limited headroom to grow
- Stock is trading at 11.8x its book value
- Effective tax rate is unusually low at 9.2% - earnings may be flattered
- Thin net interest margin of 0.0%
- Growth is decelerating - 3Y profit CAGR (47.1%) trails the 5Y trend (57.4%)
* 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 | 3121.00 | 51.62 | 79582.95 | 0.26 | 413.44 | 103.47 | 702.00 | 88.10 | 28.14 | 70.40 |
| 2. | MOTILALOFS | 971.10 | 29.54 | 58491.61 | 0.62 | 1273.71 | 9.53 | 3425.76 | 25.49 | 12.68 | 57.49 |
| 3. | 360ONE | 1204.80 | 38.84 | 49022.01 | 1.00 | 330.53 | 16.11 | 1226.09 | 26.85 | 12.28 | 63.01 |
| 4. | NUVAMA | 1728.75 | 29.31 | 31742.54 | 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 | 810.40 | 75.96 | 18053.81 | 0.00 | 60.61 | 26.37 | 309.79 | 32.46 | 23.09 | 33.83 |
| 7. | IIFLCAPS | 333.00 | 18.39 | 10483.06 | 0.90 | 184.16 | 4.92 | 631.48 | 3.13 | 23.27 | 35.76 |
| 8. | SHAREINDIA | 175.30 | 10.55 | 3836.01 | 0.91 | 1244.11 | 1374.47 | 4480.93 | 1212.47 | 21.00 | 44.76 |
| 9. | ARSSBL | 497.70 | 24.18 | 3138.81 | 1.00 | 23.35 | 2.35 | 246.10 | 22.37 | 19.72 | 39.54 |
| 10. | MONARCH | 391.55 | 17.14 | 3105.32 | 0.26 | 45.18 | -0.15 | 90.89 | -7.25 | 33.26 | 66.00 |
| 11. | GEOJITFSL | 80.56 | 31.00 | 2248.61 | 1.86 | 19.83 | -30.83 | 160.40 | 7.46 | 9.35 | 20.55 |
| 12. | ALGOQUANT | 65.12 | 40.29 | 1830.50 | 0.00 | 164.80 | 3610.04 | 778.70 | 1328.81 | 33.57 | 33.64 |
Detailed Comparison with:
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 81 | 126 | 187 | 215 | 236 | 516 | 385 | 218 | 422 | 188 | 404 | 172 | 424 | |
| 86 | 91 | 100 | 127 | 138 | 145 | 135 | 154 | 145 | 111 | 91 | 141 | 174 | |
| Operating Profit | — | — | — | — | — | — | — | — | — | — | — | — | — |
| OPM % | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3 | 3 | 4 | 3 | 8 | 7 |
| Interest | 8 | 16 | 20 | 25 | 29 | 29 | 27 | 26 | 52 | 14 | 14 | 15 | 24 |
| Depreciation | 11 | 8 | 29 | 26 | 4 | 4 | 4 | 4 | 4 | 4 | 5 | 4 | 4 |
| 20 | 12 | 38 | 38 | 65 | 338 | 219 | 37 | 225 | 62 | 297 | 20 | 257 | |
| Tax % | -21.68% | 0.95% | 17.79% | 18.05% | 27.95% | 6.16% | 5.72% | 24.78% | 1.61% | 25.63% | 5.69% | 4.97% | 0.89% |
| Net Profit | 24 | 11 | 31 | 32 | 47 | 317 | 207 | 27 | 221 | 46 | 280 | 19 | 255 |
| 7 | 3 | 9 | 9 | 13 | 89 | 12 | 2 | 62 | 13 | 15 | 1 | 1 | |
| 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
- 81
- 86
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 8
- Depreciation
- 11
- 20
- Tax %
- -21.68%
- Net Profit
- 24
- 7
- Equity Capital
- 35
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 35
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2023
- 126
- 91
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 16
- Depreciation
- 8
- 12
- Tax %
- 0.95%
- Net Profit
- 11
- 3
- Equity Capital
- 35
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 35
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2023
- 187
- 100
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 20
- Depreciation
- 29
- 38
- Tax %
- 17.79%
- Net Profit
- 31
- 9
- Equity Capital
- 35
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 35
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2024
- 215
- 127
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 25
- Depreciation
- 26
- 38
- Tax %
- 18.05%
- Net Profit
- 32
- 9
- Equity Capital
- 35
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 35
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2024
- 236
- 138
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 29
- Depreciation
- 4
- 65
- Tax %
- 27.95%
- Net Profit
- 47
- 13
- Equity Capital
- 35
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 35
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2024
- 516
- 145
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 29
- Depreciation
- 4
- 338
- Tax %
- 6.16%
- Net Profit
- 317
- 89
- Equity Capital
- 36
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 36
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2024
- 385
- 135
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 27
- Depreciation
- 4
- 219
- Tax %
- 5.72%
- Net Profit
- 207
- 12
- Equity Capital
- 36
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 36
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2025
- 218
- 154
- Operating Profit
- —
- OPM %
- —
- Other Income
- 3
- Interest
- 26
- Depreciation
- 4
- 37
- Tax %
- 24.78%
- Net Profit
- 27
- 2
- Equity Capital
- 36
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 36
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2025
- 422
- 145
- Operating Profit
- —
- OPM %
- —
- Other Income
- 3
- Interest
- 52
- Depreciation
- 4
- 225
- Tax %
- 1.61%
- Net Profit
- 221
- 62
- Equity Capital
- 36
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 36
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2025
- 188
- 111
- Operating Profit
- —
- OPM %
- —
- Other Income
- 4
- Interest
- 14
- Depreciation
- 4
- 62
- Tax %
- 25.63%
- Net Profit
- 46
- 13
- Equity Capital
- 36
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 36
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2025
- 404
- 91
- Operating Profit
- —
- OPM %
- —
- Other Income
- 3
- Interest
- 14
- Depreciation
- 5
- 297
- Tax %
- 5.69%
- Net Profit
- 280
- 15
- Equity Capital
- 36
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 36
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2026
- 172
- 141
- Operating Profit
- —
- OPM %
- —
- Other Income
- 8
- Interest
- 15
- Depreciation
- 4
- 20
- Tax %
- 4.97%
- Net Profit
- 19
- 1
- Equity Capital
- 36
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 36
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2026
- 424
- 174
- Operating Profit
- —
- OPM %
- —
- Other Income
- 7
- Interest
- 24
- Depreciation
- 4
- 257
- Tax %
- 0.89%
- Net Profit
- 255
- 1
- Equity Capital
- 37
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 37
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 688 | 814 | 322 | 410 | 328 | 381 | 355 | 350 | 654 | 1,354 | 1,188 | |
| 532 | 670 | 197 | 234 | 184 | 232 | 277 | 310 | 404 | 573 | 518 | |
| Operating Profit | 156 | 152 | 139 | 178 | 165 | 335 | 80 | 84 | 250 | 786 | — |
| OPM % | 23 | 19 | 43 | 44 | 50 | 88 | 23 | 24 | 38 | 58 | — |
| Other Income | 0 | 8 | 13 | 3 | 21 | 186 | 2 | 44 | 0 | 5 | 22 |
| Interest | 131 | 109 | 86 | 81 | 75 | 96 | 12 | 31 | 69 | 111 | 66 |
| Depreciation | 11 | 9 | 7 | 6 | 10 | 20 | 32 | 46 | 73 | 16 | 17 |
| 15 | 33 | 47 | 91 | 80 | 72 | 184 | 7 | 108 | 658 | 637 | |
| Tax % | -3 | 34 | 8 | 13 | 23 | 12 | -2 | 11 | 9 | 9 | 6 |
| Net Profit | 15 | 22 | 43 | 79 | 62 | 63 | 188 | 6 | 98 | 598 | 600 |
| EPS | 6 | 8 | 16 | 30 | 24 | 22 | 54 | 2 | 28 | 166 | — |
| Dividend Payout % | 0 | 0 | 70 | 127 | 80 | 145 | 0 | 0 | 0 | 87 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 1 | 2 | 3 | 6 | 5 | 4 | 11 | 0 | 6 | 33 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 1 | 2 | 3 | 6 | 5 | 4 | 11 | 0 | 6 | 33 | — |
Mar 2016
- 688
- 532
- Operating Profit
- 156
- OPM %
- 23
- Other Income
- 0
- Interest
- 131
- Depreciation
- 11
- 15
- Tax %
- -3
- Net Profit
- 15
- EPS
- 6
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
Mar 2017
- 814
- 670
- Operating Profit
- 152
- OPM %
- 19
- Other Income
- 8
- Interest
- 109
- Depreciation
- 9
- 33
- Tax %
- 34
- Net Profit
- 22
- EPS
- 8
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 2
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 2
Mar 2018
- 322
- 197
- Operating Profit
- 139
- OPM %
- 43
- Other Income
- 13
- Interest
- 86
- Depreciation
- 7
- 47
- Tax %
- 8
- Net Profit
- 43
- EPS
- 16
- Dividend Payout %
- 70
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 3
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 3
Mar 2019
- 410
- 234
- Operating Profit
- 178
- OPM %
- 44
- Other Income
- 3
- Interest
- 81
- Depreciation
- 6
- 91
- Tax %
- 13
- Net Profit
- 79
- EPS
- 30
- Dividend Payout %
- 127
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 6
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 6
Mar 2020
- 328
- 184
- Operating Profit
- 165
- OPM %
- 50
- Other Income
- 21
- Interest
- 75
- Depreciation
- 10
- 80
- Tax %
- 23
- Net Profit
- 62
- EPS
- 24
- Dividend Payout %
- 80
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 5
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 5
Mar 2021
- 381
- 232
- Operating Profit
- 335
- OPM %
- 88
- Other Income
- 186
- Interest
- 96
- Depreciation
- 20
- 72
- Tax %
- 12
- Net Profit
- 63
- EPS
- 22
- Dividend Payout %
- 145
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 4
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 4
Mar 2022
- 355
- 277
- Operating Profit
- 80
- OPM %
- 23
- Other Income
- 2
- Interest
- 12
- Depreciation
- 32
- 184
- Tax %
- -2
- Net Profit
- 188
- EPS
- 54
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 11
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 11
Mar 2023
- 350
- 310
- Operating Profit
- 84
- OPM %
- 24
- Other Income
- 44
- Interest
- 31
- Depreciation
- 46
- 7
- Tax %
- 11
- Net Profit
- 6
- EPS
- 2
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
Mar 2024
- 654
- 404
- Operating Profit
- 250
- OPM %
- 38
- Other Income
- 0
- Interest
- 69
- Depreciation
- 73
- 108
- Tax %
- 9
- Net Profit
- 98
- EPS
- 28
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 6
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 6
Mar 2025
- 1,354
- 573
- Operating Profit
- 786
- OPM %
- 58
- Other Income
- 5
- Interest
- 111
- Depreciation
- 16
- 658
- Tax %
- 9
- Net Profit
- 598
- EPS
- 166
- Dividend Payout %
- 87
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 33
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 33
TTM
- 1,188
- 518
- Operating Profit
- —
- OPM %
- —
- Other Income
- 22
- Interest
- 66
- Depreciation
- 17
- 637
- Tax %
- 6
- Net Profit
- 600
- EPS
- —
- Dividend Payout %
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
COMPOUNDED SALES GROWTH
- 10 Years:
- 3%
- 5 Years:
- 33%
- 3 Years:
- 56%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- 41%
- 5 Years:
- 57%
- 3 Years:
- 47%
STOCK PRICE CAGR
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- —
- 1 Year:
- 26%
RETURN ON EQUITY
- 10 Years:
- 9%
- 5 Years:
- 8%
- 3 Years:
- 14%
- Last Year:
- 34%
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| LIABILITIES | - | - | - | - | - | - | - | - | - | - |
| Equity Capital | 26 | 26 | 26 | 26 | 26 | 35 | 35 | 35 | 35 | 36 |
| 425 | 446 | 420 | 354 | 389 | -782 | -680 | 1,558 | 1,644 | 1,833 | |
| 397 | 836 | 398 | 520 | 376 | 48 | 0 | 315 | 595 | 757 | |
| Trade Payables | 194 | 107 | 194 | 154 | 91 | 93 | 180 | 169 | 1,896 | 4,211 |
| 1,216 | 441 | 336 | 980 | 386 | 2,408 | 2,514 | 238 | 431 | 556 | |
| Total Liabilities | 2,257 | 1,856 | 1,375 | 2,034 | 1,269 | 1,801 | 2,048 | 2,315 | 4,601 | 7,394 |
| ASSETS | - | - | - | - | - | - | - | - | - | - |
| 37 | 33 | 31 | 30 | 92 | 107 | 87 | 174 | 133 | 117 | |
| Capital Work in Progress | 1 | 3 | 0 | 2 | 0 | 0 | 0 | 0 | 0 | 0 |
| 308 | 371 | 356 | 289 | 547 | 1,171 | 1,286 | 1,319 | 1,333 | 1,356 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 160 | 176 | |
| Cash & Bank | 738 | 751 | 536 | 583 | 381 | 198 | 350 | 374 | 828 | 648 |
| 1,172 | 698 | 452 | 1,130 | 248 | 326 | 325 | 448 | 2,147 | 5,097 | |
| Total Assets | 2,257 | 1,856 | 1,375 | 2,034 | 1,269 | 1,801 | 2,048 | 2,315 | 4,601 | 7,394 |
| Total Debt | 397 | 836 | 398 | 520 | 675 | 2,292 | 2,244 | 315 | 595 | 757 |
| Net Working Capital | -667 | -253 | -46 | -33 | 46 | 179 | 144 | -23 | 209 | 393 |
| Contingent Liabilities | 529 | 3 | 3 | 0 | 36 | 1 | 576 | 0 | 2,745 | 4,214 |
| Book Value per Share | 171.96 | 180.21 | 170.28 | 145.12 | 146.37 | -225.15 | -195.12 | 445.70 | 469.84 | 514.26 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
| Total Debt | 397 | 836 | 398 | 520 | 675 | 2,292 | 2,244 | 315 | 595 | 757 |
| Net Working Capital | -667 | -253 | -46 | -33 | 46 | 179 | 144 | -23 | 209 | 393 |
| Contingent Liabilities | 529 | 3 | 3 | 0 | 36 | 1 | 576 | 0 | 2,745 | 4,214 |
| Book Value per Share | 171.96 | 180.21 | 170.28 | 145.12 | 146.37 | -225.15 | -195.12 | 445.70 | 469.84 | 514.26 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
Mar 2016
- Equity Capital
- 26
- 425
- 397
- Trade Payables
- 194
- 1,216
- Total Liabilities
- 2,257
- 37
- Capital Work in Progress
- 1
- 308
- 0
- Cash & Bank
- 738
- 1,172
- Total Assets
- 2,257
- Total Debt
- 397
- Net Working Capital
- -667
- Contingent Liabilities
- 529
- Book Value per Share
- 171.96
- Face Value
- 10.00
- Total Debt
- 397
- Net Working Capital
- -667
- Contingent Liabilities
- 529
- Book Value per Share
- 171.96
- Face Value
- 10.00
Mar 2017
- Equity Capital
- 26
- 446
- 836
- Trade Payables
- 107
- 441
- Total Liabilities
- 1,856
- 33
- Capital Work in Progress
- 3
- 371
- 0
- Cash & Bank
- 751
- 698
- Total Assets
- 1,856
- Total Debt
- 836
- Net Working Capital
- -253
- Contingent Liabilities
- 3
- Book Value per Share
- 180.21
- Face Value
- 10.00
- Total Debt
- 836
- Net Working Capital
- -253
- Contingent Liabilities
- 3
- Book Value per Share
- 180.21
- Face Value
- 10.00
Mar 2018
- Equity Capital
- 26
- 420
- 398
- Trade Payables
- 194
- 336
- Total Liabilities
- 1,375
- 31
- Capital Work in Progress
- 0
- 356
- 0
- Cash & Bank
- 536
- 452
- Total Assets
- 1,375
- Total Debt
- 398
- Net Working Capital
- -46
- Contingent Liabilities
- 3
- Book Value per Share
- 170.28
- Face Value
- 10.00
- Total Debt
- 398
- Net Working Capital
- -46
- Contingent Liabilities
- 3
- Book Value per Share
- 170.28
- Face Value
- 10.00
Mar 2019
- Equity Capital
- 26
- 354
- 520
- Trade Payables
- 154
- 980
- Total Liabilities
- 2,034
- 30
- Capital Work in Progress
- 2
- 289
- 0
- Cash & Bank
- 583
- 1,130
- Total Assets
- 2,034
- Total Debt
- 520
- Net Working Capital
- -33
- Contingent Liabilities
- 0
- Book Value per Share
- 145.12
- Face Value
- 10.00
- Total Debt
- 520
- Net Working Capital
- -33
- Contingent Liabilities
- 0
- Book Value per Share
- 145.12
- Face Value
- 10.00
Mar 2020
- Equity Capital
- 26
- 389
- 376
- Trade Payables
- 91
- 386
- Total Liabilities
- 1,269
- 92
- Capital Work in Progress
- 0
- 547
- 0
- Cash & Bank
- 381
- 248
- Total Assets
- 1,269
- Total Debt
- 675
- Net Working Capital
- 46
- Contingent Liabilities
- 36
- Book Value per Share
- 146.37
- Face Value
- 10.00
- Total Debt
- 675
- Net Working Capital
- 46
- Contingent Liabilities
- 36
- Book Value per Share
- 146.37
- Face Value
- 10.00
Mar 2021
- Equity Capital
- 35
- -782
- 48
- Trade Payables
- 93
- 2,408
- Total Liabilities
- 1,801
- 107
- Capital Work in Progress
- 0
- 1,171
- 0
- Cash & Bank
- 198
- 326
- Total Assets
- 1,801
- Total Debt
- 2,292
- Net Working Capital
- 179
- Contingent Liabilities
- 1
- Book Value per Share
- -225.15
- Face Value
- 10.00
- Total Debt
- 2,292
- Net Working Capital
- 179
- Contingent Liabilities
- 1
- Book Value per Share
- -225.15
- Face Value
- 10.00
Mar 2022
- Equity Capital
- 35
- -680
- 0
- Trade Payables
- 180
- 2,514
- Total Liabilities
- 2,048
- 87
- Capital Work in Progress
- 0
- 1,286
- 0
- Cash & Bank
- 350
- 325
- Total Assets
- 2,048
- Total Debt
- 2,244
- Net Working Capital
- 144
- Contingent Liabilities
- 576
- Book Value per Share
- -195.12
- Face Value
- 10.00
- Total Debt
- 2,244
- Net Working Capital
- 144
- Contingent Liabilities
- 576
- Book Value per Share
- -195.12
- Face Value
- 10.00
Mar 2023
- Equity Capital
- 35
- 1,558
- 315
- Trade Payables
- 169
- 238
- Total Liabilities
- 2,315
- 174
- Capital Work in Progress
- 0
- 1,319
- 0
- Cash & Bank
- 374
- 448
- Total Assets
- 2,315
- Total Debt
- 315
- Net Working Capital
- -23
- Contingent Liabilities
- 0
- Book Value per Share
- 445.70
- Face Value
- 10.00
- Total Debt
- 315
- Net Working Capital
- -23
- Contingent Liabilities
- 0
- Book Value per Share
- 445.70
- Face Value
- 10.00
Mar 2024
- Equity Capital
- 35
- 1,644
- 595
- Trade Payables
- 1,896
- 431
- Total Liabilities
- 4,601
- 133
- Capital Work in Progress
- 0
- 1,333
- 160
- Cash & Bank
- 828
- 2,147
- Total Assets
- 4,601
- Total Debt
- 595
- Net Working Capital
- 209
- Contingent Liabilities
- 2,745
- Book Value per Share
- 469.84
- Face Value
- 10.00
- Total Debt
- 595
- Net Working Capital
- 209
- Contingent Liabilities
- 2,745
- Book Value per Share
- 469.84
- Face Value
- 10.00
Mar 2025
- Equity Capital
- 36
- 1,833
- 757
- Trade Payables
- 4,211
- 556
- Total Liabilities
- 7,394
- 117
- Capital Work in Progress
- 0
- 1,356
- 176
- Cash & Bank
- 648
- 5,097
- Total Assets
- 7,394
- Total Debt
- 757
- Net Working Capital
- 393
- Contingent Liabilities
- 4,214
- Book Value per Share
- 514.26
- Face Value
- 10.00
- Total Debt
- 757
- Net Working Capital
- 393
- Contingent Liabilities
- 4,214
- Book Value per Share
- 514.26
- Face Value
- 10.00
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 233 | -93 | 842 | -21 | 219 | 301 | 178 | -270 | -172 | 57 | |
| Cash from Investing | -19 | -68 | -1 | 111 | -247 | -500 | -130 | -82 | -82 | 395 |
| Cash from Financing | -219 | 341 | -1,074 | -51 | 19 | 175 | -4 | 286 | 252 | -386 |
| -6 | 181 | -233 | 39 | -10 | -23 | 45 | -66 | -2 | 66 | |
| Free Cash Flow | 224 | -93 | 842 | -27 | 152 | 244 | 178 | -389 | -216 | 57 |
| OCF / Net Profit | 15.41 | -4.29 | 19.60 | -0.26 | 3.53 | 4.75 | 0.95 | -42.95 | -1.76 | 0.10 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 1,098 | 1,118 | 1,389 | 159 | -30 | -126 |
| OCF / Net Profit | 15.41 | -4.29 | 19.60 | -0.26 | 3.53 | 4.75 | 0.95 | -42.95 | -1.76 | 0.10 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 1,098 | 1,118 | 1,389 | 159 | -30 | -126 |
Mar 2016
- 233
- Cash from Investing
- -19
- Cash from Financing
- -219
- -6
- Free Cash Flow
- 224
- OCF / Net Profit
- 15.41
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 15.41
- Cumulative 5-Year FCF
- 0
Mar 2017
- -93
- Cash from Investing
- -68
- Cash from Financing
- 341
- 181
- Free Cash Flow
- -93
- OCF / Net Profit
- -4.29
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -4.29
- Cumulative 5-Year FCF
- 0
Mar 2018
- 842
- Cash from Investing
- -1
- Cash from Financing
- -1,074
- -233
- Free Cash Flow
- 842
- OCF / Net Profit
- 19.60
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 19.60
- Cumulative 5-Year FCF
- 0
Mar 2019
- -21
- Cash from Investing
- 111
- Cash from Financing
- -51
- 39
- Free Cash Flow
- -27
- OCF / Net Profit
- -0.26
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -0.26
- Cumulative 5-Year FCF
- 0
Mar 2020
- 219
- Cash from Investing
- -247
- Cash from Financing
- 19
- -10
- Free Cash Flow
- 152
- OCF / Net Profit
- 3.53
- Cumulative 5-Year FCF
- 1,098
- OCF / Net Profit
- 3.53
- Cumulative 5-Year FCF
- 1,098
Mar 2021
- 301
- Cash from Investing
- -500
- Cash from Financing
- 175
- -23
- Free Cash Flow
- 244
- OCF / Net Profit
- 4.75
- Cumulative 5-Year FCF
- 1,118
- OCF / Net Profit
- 4.75
- Cumulative 5-Year FCF
- 1,118
Mar 2022
- 178
- Cash from Investing
- -130
- Cash from Financing
- -4
- 45
- Free Cash Flow
- 178
- OCF / Net Profit
- 0.95
- Cumulative 5-Year FCF
- 1,389
- OCF / Net Profit
- 0.95
- Cumulative 5-Year FCF
- 1,389
Mar 2023
- -270
- Cash from Investing
- -82
- Cash from Financing
- 286
- -66
- Free Cash Flow
- -389
- OCF / Net Profit
- -42.95
- Cumulative 5-Year FCF
- 159
- OCF / Net Profit
- -42.95
- Cumulative 5-Year FCF
- 159
Mar 2024
- -172
- Cash from Investing
- -82
- Cash from Financing
- 252
- -2
- Free Cash Flow
- -216
- OCF / Net Profit
- -1.76
- Cumulative 5-Year FCF
- -30
- OCF / Net Profit
- -1.76
- Cumulative 5-Year FCF
- -30
Mar 2025
- 57
- Cash from Investing
- 395
- Cash from Financing
- -386
- 66
- Free Cash Flow
- 57
- OCF / Net Profit
- 0.10
- Cumulative 5-Year FCF
- -126
- OCF / Net Profit
- 0.10
- Cumulative 5-Year FCF
- -126
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| PER SHARE | - | - | - | - | - | - | - | - | - | - |
| EPS (₹) | 5.76 | 8.25 | 16.38 | 30.31 | 23.64 | 18.28 | 54.12 | 1.80 | 27.78 | 166.15 |
| Book Value (₹) | 171.96 | 180.21 | 170.28 | 145.12 | 146.37 | -225.15 | -195.12 | 445.70 | 469.84 | 514.26 |
| Dividend per Share (₹) | 0.00 | 0.00 | 11.50 | 38.40 | 19.00 | 26.60 | 0.00 | 0.00 | 0.00 | 144.50 |
| Cash EPS (₹) | 1.97 | 2.37 | 3.78 | 6.53 | 5.51 | 4.80 | 12.67 | 2.98 | 9.72 | 34.12 |
| PROFITABILITY | - | - | - | - | - | - | - | - | - | - |
| Operating Margin % | 22.73% | 18.62% | 43.05% | 43.59% | 50.44% | 87.88% | 22.60% | 23.91% | 38.22% | 57.66% |
| Net Margin % | 2.19% | 2.66% | 13.32% | 19.40% | 18.89% | 16.65% | 52.91% | 1.80% | 15.00% | 44.13% |
| ROE % | 3.40% | 4.69% | 9.35% | 19.22% | 16.22% | 0.00% | 0.00% | 1.42% | 6.09% | 34.07% |
| ROCE % | 16.39% | 13.18% | 12.28% | 19.76% | 15.85% | 13.16% | 12.81% | 2.19% | 8.37% | 30.91% |
| 0.68% | 1.05% | 2.66% | 4.66% | 3.75% | 4.14% | 9.76% | 0.29% | 2.84% | 9.97% | |
| EFFICIENCY | - | - | - | - | - | - | - | - | - | - |
| Debtor Days | 40 | 52 | 105 | 402 | 508 | 52 | 57 | 56 | 61 | 45 |
| Inventory Days | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Payable Days | 223 | 127 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| -183 | -75 | 105 | 402 | 508 | 52 | 57 | 56 | 61 | 45 | |
| FINANCIAL HEALTH | - | - | - | - | - | - | - | - | - | - |
| Debt to Equity (x) | 0.88x | 1.77x | 0.89x | 1.37x | 1.76x | -2.93x | -3.31x | 0.20x | 0.36x | 0.41x |
| Interest Coverage (x) | 1.11x | 1.30x | 1.55x | 2.12x | 2.07x | 1.75x | 16.51x | 1.23x | 2.56x | 6.91x |
| 0.60x | 0.80x | 0.94x | 0.98x | 1.09x | 1.78x | 1.39x | 0.96x | 1.08x | 1.07x | |
| GROWTH | - | - | - | - | - | - | - | - | - | - |
| Revenue Growth % | -30.69% | 18.21% | -60.39% | 27.04% | -19.90% | 16.22% | -6.83% | -1.34% | 86.55% | 107.16% |
| Operating Profit Growth % | -18.52% | -3.14% | -8.44% | 28.63% | -7.30% | 102.50% | -76.04% | 4.41% | 198.25% | 214.27% |
| Net Profit Growth % | -22.50% | 43.35% | 98.56% | 84.96% | -22.01% | 2.47% | 195.99% | -96.65% | 1457.51% | 509.33% |
| 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 1446.31% | 498.07% | |
| VALUATION | - | - | - | - | - | - | - | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 168.38x | 36.60x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 9.96x | 11.82x |
| Dividend Yield % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 2.38% |
| 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 65.15x | 27.98x |
Mar 2016
- EPS (₹)
- 5.76
- Book Value (₹)
- 171.96
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 1.97
- Operating Margin %
- 22.73%
- Net Margin %
- 2.19%
- ROE %
- 3.40%
- ROCE %
- 16.39%
- 0.68%
- Debtor Days
- 40
- Inventory Days
- 0
- Payable Days
- 223
- -183
- Debt to Equity (x)
- 0.88x
- Interest Coverage (x)
- 1.11x
- 0.60x
- Revenue Growth %
- -30.69%
- Operating Profit Growth %
- -18.52%
- Net Profit Growth %
- -22.50%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2017
- EPS (₹)
- 8.25
- Book Value (₹)
- 180.21
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 2.37
- Operating Margin %
- 18.62%
- Net Margin %
- 2.66%
- ROE %
- 4.69%
- ROCE %
- 13.18%
- 1.05%
- Debtor Days
- 52
- Inventory Days
- 0
- Payable Days
- 127
- -75
- Debt to Equity (x)
- 1.77x
- Interest Coverage (x)
- 1.30x
- 0.80x
- Revenue Growth %
- 18.21%
- Operating Profit Growth %
- -3.14%
- Net Profit Growth %
- 43.35%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2018
- EPS (₹)
- 16.38
- Book Value (₹)
- 170.28
- Dividend per Share (₹)
- 11.50
- Cash EPS (₹)
- 3.78
- Operating Margin %
- 43.05%
- Net Margin %
- 13.32%
- ROE %
- 9.35%
- ROCE %
- 12.28%
- 2.66%
- Debtor Days
- 105
- Inventory Days
- 0
- Payable Days
- 0
- 105
- Debt to Equity (x)
- 0.89x
- Interest Coverage (x)
- 1.55x
- 0.94x
- Revenue Growth %
- -60.39%
- Operating Profit Growth %
- -8.44%
- Net Profit Growth %
- 98.56%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2019
- EPS (₹)
- 30.31
- Book Value (₹)
- 145.12
- Dividend per Share (₹)
- 38.40
- Cash EPS (₹)
- 6.53
- Operating Margin %
- 43.59%
- Net Margin %
- 19.40%
- ROE %
- 19.22%
- ROCE %
- 19.76%
- 4.66%
- Debtor Days
- 402
- Inventory Days
- 0
- Payable Days
- 0
- 402
- Debt to Equity (x)
- 1.37x
- Interest Coverage (x)
- 2.12x
- 0.98x
- Revenue Growth %
- 27.04%
- Operating Profit Growth %
- 28.63%
- Net Profit Growth %
- 84.96%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2020
- EPS (₹)
- 23.64
- Book Value (₹)
- 146.37
- Dividend per Share (₹)
- 19.00
- Cash EPS (₹)
- 5.51
- Operating Margin %
- 50.44%
- Net Margin %
- 18.89%
- ROE %
- 16.22%
- ROCE %
- 15.85%
- 3.75%
- Debtor Days
- 508
- Inventory Days
- 0
- Payable Days
- 0
- 508
- Debt to Equity (x)
- 1.76x
- Interest Coverage (x)
- 2.07x
- 1.09x
- Revenue Growth %
- -19.90%
- Operating Profit Growth %
- -7.30%
- Net Profit Growth %
- -22.01%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2021
- EPS (₹)
- 18.28
- Book Value (₹)
- -225.15
- Dividend per Share (₹)
- 26.60
- Cash EPS (₹)
- 4.80
- Operating Margin %
- 87.88%
- Net Margin %
- 16.65%
- ROE %
- 0.00%
- ROCE %
- 13.16%
- 4.14%
- Debtor Days
- 52
- Inventory Days
- 0
- Payable Days
- 0
- 52
- Debt to Equity (x)
- -2.93x
- Interest Coverage (x)
- 1.75x
- 1.78x
- Revenue Growth %
- 16.22%
- Operating Profit Growth %
- 102.50%
- Net Profit Growth %
- 2.47%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2022
- EPS (₹)
- 54.12
- Book Value (₹)
- -195.12
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 12.67
- Operating Margin %
- 22.60%
- Net Margin %
- 52.91%
- ROE %
- 0.00%
- ROCE %
- 12.81%
- 9.76%
- Debtor Days
- 57
- Inventory Days
- 0
- Payable Days
- 0
- 57
- Debt to Equity (x)
- -3.31x
- Interest Coverage (x)
- 16.51x
- 1.39x
- Revenue Growth %
- -6.83%
- Operating Profit Growth %
- -76.04%
- Net Profit Growth %
- 195.99%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2023
- EPS (₹)
- 1.80
- Book Value (₹)
- 445.70
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 2.98
- Operating Margin %
- 23.91%
- Net Margin %
- 1.80%
- ROE %
- 1.42%
- ROCE %
- 2.19%
- 0.29%
- Debtor Days
- 56
- Inventory Days
- 0
- Payable Days
- 0
- 56
- Debt to Equity (x)
- 0.20x
- Interest Coverage (x)
- 1.23x
- 0.96x
- Revenue Growth %
- -1.34%
- Operating Profit Growth %
- 4.41%
- Net Profit Growth %
- -96.65%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2024
- EPS (₹)
- 27.78
- Book Value (₹)
- 469.84
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 9.72
- Operating Margin %
- 38.22%
- Net Margin %
- 15.00%
- ROE %
- 6.09%
- ROCE %
- 8.37%
- 2.84%
- Debtor Days
- 61
- Inventory Days
- 0
- Payable Days
- 0
- 61
- Debt to Equity (x)
- 0.36x
- Interest Coverage (x)
- 2.56x
- 1.08x
- Revenue Growth %
- 86.55%
- Operating Profit Growth %
- 198.25%
- Net Profit Growth %
- 1457.51%
- 1446.31%
- P/E (x)
- 168.38x
- P/B (x)
- 9.96x
- Dividend Yield %
- 0.00%
- 65.15x
Mar 2025
- EPS (₹)
- 166.15
- Book Value (₹)
- 514.26
- Dividend per Share (₹)
- 144.50
- Cash EPS (₹)
- 34.12
- Operating Margin %
- 57.66%
- Net Margin %
- 44.13%
- ROE %
- 34.07%
- ROCE %
- 30.91%
- 9.97%
- Debtor Days
- 45
- Inventory Days
- 0
- Payable Days
- 0
- 45
- Debt to Equity (x)
- 0.41x
- Interest Coverage (x)
- 6.91x
- 1.07x
- Revenue Growth %
- 107.16%
- Operating Profit Growth %
- 214.27%
- Net Profit Growth %
- 509.33%
- 498.07%
- P/E (x)
- 36.60x
- P/B (x)
- 11.82x
- Dividend Yield %
- 2.38%
- 27.98x
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