Nuvama Wealth Management Ltd
Incorporated in 1993, Nuvama Wealth Management Ltd is in the business of
broking and trading in equity securities and is also registered as an Investment Adviser and Merchant Banker with SEBI[1]
- Market Cap ₹ 24,486 Cr.
- Current Price ₹ 6,802
- High / Low ₹ 7,648 / 4,120
- Stock P/E 26.9
- Book Value ₹ 880
- Dividend Yield 2.12 %
- ROCE 16.5 %
- ROE 24.3 %
- Face Value ₹ 10.0
Pros
- Company is expected to give good quarter
- Debtor days have improved from 135 to 76.0 days.
Cons
- Stock is trading at 7.73 times its book value
- Promoters have pledged 62.8% of their holding.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Stock/ Commodity Brokers Industry: Finance & Investments
Part of BSE 500 Nifty 500 BSE SmallCap Nifty Smallcap 100 BSE Allcap
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|
780 | 1,384 | 1,778 | 2,223 | 3,156 | 3,960 | |
281 | 939 | 1,132 | 1,340 | 1,591 | 1,861 | |
Operating Profit | 499 | 444 | 646 | 883 | 1,565 | 2,099 |
OPM % | 64% | 32% | 36% | 40% | 50% | 53% |
76 | -565 | 638 | 8 | 3 | 18 | |
Interest | 200 | 246 | 278 | 396 | 620 | 790 |
Depreciation | 15 | 50 | 71 | 89 | 136 | 111 |
Profit before tax | 360 | -417 | 935 | 406 | 812 | 1,216 |
Tax % | 21% | 14% | 8% | 25% | 23% | |
286 | -475 | 857 | 305 | 625 | 911 | |
EPS in Rs | 177.10 | 256.03 | ||||
Dividend Payout % | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 32% |
TTM: | 40% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 82% |
TTM: | 72% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
1 Year: | 41% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 19% |
Last Year: | 24% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|---|
Equity Capital | 26 | 35 | 35 | 35 | 35 | 36 |
Reserves | 1,056 | 1,592 | 1,896 | 2,219 | 2,859 | 3,122 |
1,287 | 1,428 | 3,549 | 5,413 | 6,746 | 7,834 | |
2,841 | 4,397 | 5,119 | 5,048 | 10,747 | 11,623 | |
Total Liabilities | 5,211 | 7,451 | 10,598 | 12,716 | 20,387 | 22,614 |
108 | 162 | 219 | 284 | 290 | 332 | |
CWIP | 4 | 22 | 18 | 25 | 8 | 0 |
Investments | 665 | 25 | 70 | 170 | 170 | 210 |
4,434 | 7,242 | 10,292 | 12,237 | 19,920 | 22,072 | |
Total Assets | 5,211 | 7,451 | 10,598 | 12,716 | 20,387 | 22,614 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|
-500 | -1,108 | -1,425 | -1,865 | -1,658 | |
-112 | -124 | -81 | -173 | -79 | |
235 | 877 | 2,139 | 1,825 | 1,316 | |
Net Cash Flow | -376 | -354 | 633 | -212 | -422 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|
Debtor Days | 163 | 72 | 183 | 146 | 76 |
Inventory Days | 1,378 | ||||
Days Payable | 748 | ||||
Cash Conversion Cycle | 793 | 72 | 183 | 146 | 76 |
Working Capital Days | -912 | -860 | -503 | -277 | -964 |
ROCE % | 17% | 14% | 12% | 17% |
Documents
Announcements
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Board Meeting Intimation for Intimation Of Board Meeting And Earnings Conference Call For The Quarter And Financial Year Ended March 31, 2025
22h - Board meeting on May 28 to approve FY25 results and interim dividend; earnings call on May 29.
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Announcement under Regulation 30 (LODR)-Change in Directorate
1d - Resignation of Non-executive Director Anthony Miller effective May 20, 2025 due to professional commitments.
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Intimation Under Regulation 30 Read With Para A Of Part A Of Schedule III Of The SEBI (LODR) Regulations, 2015
10 May - NSE observation for 5-day delayed bank account reporting; no financial or operational impact.
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Intimation Under Regulation 30 Read With Para A Of Part A Of Schedule III Of The SEBI (LODR) Regulations, 2015
9 May - Nuvama's subsidiary received NSE caution letter for reporting errors; no financial or operational impact.
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Announcement under Regulation 30 (LODR)-Credit Rating
5 May - ICRA assigns [ICRA]AA- (Positive) rating to Nuvama Wealth Finance and Investment Limited debentures.
Annual reports
Concalls
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Feb 2025TranscriptNotesPPT
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Feb 2025Transcript PPT REC
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Jan 2025TranscriptNotesPPT
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Nov 2024Transcript PPT
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Oct 2024TranscriptNotesPPT
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Aug 2024Transcript PPT
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Jul 2024TranscriptNotesPPT REC
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Jun 2024TranscriptNotesPPT
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May 2024Transcript PPT REC
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Feb 2024Transcript PPT
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Nov 2023Transcript PPT REC
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Aug 2023TranscriptNotesPPT
Business Overview:[1][2]
a) NWML is registered as a Trading cum Clearing Member with the NSE, BSE, MSEIL, MCX, NCEIL
b) Company is in the business of broking and trading in equity securities for institutional and non-institutional clients.
c) It is registered with SEBI to carry on business of Research Analyst, Investment Adviser and Merchant Banking.
NWML through its subsidiaries provides wealth management,
asset management and custody services to its clients, along with trading in securities and derivatives
d) Nuvama focuses on affluent, HNI and UHNI clients and caters to ~1.2 million affluent and HNI clients and 3,600+ families as of March 2024.