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 ₹ 23,899 Cr.
- Current Price ₹ 6,691
- High / Low ₹ 7,100 / 2,301
- Stock P/E 33.1
- Book Value ₹ 820
- Dividend Yield 1.22 %
- 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 8.16 times its book value
* 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
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 | 3,453 | |
281 | 939 | 1,132 | 1,340 | 1,591 | 1,692 | |
Operating Profit | 499 | 444 | 646 | 883 | 1,565 | 1,761 |
OPM % | 64% | 32% | 36% | 40% | 50% | 51% |
76 | -565 | 638 | 8 | 3 | 13 | |
Interest | 200 | 246 | 278 | 396 | 620 | 683 |
Depreciation | 15 | 50 | 71 | 89 | 136 | 134 |
Profit before tax | 360 | -417 | 935 | 406 | 812 | 956 |
Tax % | 21% | 14% | 8% | 25% | 23% | |
286 | -475 | 857 | 305 | 625 | 723 | |
EPS in Rs | 177.10 | 205.08 | ||||
Dividend Payout % | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 32% |
TTM: | 44% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 82% |
TTM: | 90% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
1 Year: | 185% |
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 | |
---|---|---|---|---|---|
Equity Capital | 26 | 35 | 35 | 35 | 35 |
Reserves | 1,056 | 1,592 | 1,896 | 2,219 | 2,859 |
1,287 | 1,428 | 3,549 | 5,413 | 6,746 | |
2,841 | 4,397 | 5,119 | 5,048 | 10,747 | |
Total Liabilities | 5,211 | 7,451 | 10,598 | 12,716 | 20,387 |
108 | 162 | 219 | 284 | 290 | |
CWIP | 4 | 22 | 18 | 25 | 8 |
Investments | 665 | 25 | 70 | 170 | 170 |
4,434 | 7,242 | 10,292 | 12,237 | 19,920 | |
Total Assets | 5,211 | 7,451 | 10,598 | 12,716 | 20,387 |
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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Shareholder Meeting / Postal Ballot-Outcome of Postal_Ballot
13h - Shareholders approved Nuvama Wealth Employee Stock Appreciation Rights Plan 2024.
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Shareholder Meeting / Postal Ballot-Scrutinizer"s Report
13h - Shareholders approved Nuvama Wealth Employee Stock Appreciation Rights Plan 2024.
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
8 Oct - Certificate under Regulation 74(5) submitted for Q3 2024.
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Intimation Under Regulation 30 Of SEBI (LODR) Regulations, 2015
8 Oct - SEBI issued an administrative warning to Nuvama.
- Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 28 Sep
Annual reports
Concalls
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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.