Nuvama Wealth Management Ltd

Nuvama Wealth Management Ltd

₹ 4,436 -1.10%
23 Feb - close price
About

Nuvama Group (formerly Edelweiss Wealth Management) is backed 25+ years experience in the Indian market and strengthened by strong institutional ownership with PAG as the promoter of company, a leading investment firm that has been advancing the world of private equity, real assets and credit & markets, in the APAC region.[1]

Key Points

Overview[1]
The company has strong institutional ownership: PAG (promoter of company) is one of the largest Asia-based alternative investment managers with $50 bn+ assets under management. PAG grp holds 56% shareholding in the company.[2]

  • Market Cap 15,643 Cr.
  • Current Price 4,436
  • High / Low 4,588 / 2,100
  • Stock P/E 29.5
  • Book Value 710
  • Dividend Yield 0.00 %
  • ROCE 12.2 %
  • ROE 14.6 %
  • Face Value 10.0

Pros

Cons

  • Stock is trading at 6.24 times its book value
  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has a low return on equity of 13.1% over last 3 years.

* 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.

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
461 563 579 613 648 735 841
297 331 336 378 357 375 396
Operating Profit 163 231 243 235 290 360 445
OPM % 35% 41% 42% 38% 45% 49% 53%
2 4 6 7 4 3 2
Interest 82 102 114 99 119 147 171
Depreciation 15 19 23 31 22 24 45
Profit before tax 69 113 112 112 153 191 231
Tax % 31% 25% 22% 24% 19% 24% 24%
47 85 87 85 123 145 176
EPS in Rs 35.09 41.39 50.06
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
780 1,384 1,778 2,223 2,836
281 939 1,132 1,340 1,506
Operating Profit 499 444 646 883 1,330
OPM % 64% 32% 36% 40% 47%
76 -565 638 8 15
Interest 200 246 278 396 536
Depreciation 15 50 71 89 123
Profit before tax 360 -417 935 406 687
Tax % 21% -14% 8% 25%
286 -475 857 305 530
EPS in Rs
Dividend Payout % 0% 0% 0% 0%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: 42%
TTM: 25%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: 3%
TTM: 10%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: %
Return on Equity
10 Years: %
5 Years: %
3 Years: 13%
Last Year: 15%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 26 35 35 35 35
Reserves 1,056 1,592 1,896 2,219 2,467
1,287 1,428 3,549 5,413 6,004
2,841 4,397 5,119 5,048 9,369
Total Liabilities 5,211 7,451 10,598 12,716 17,875
108 162 219 284 304
CWIP 4 22 18 25 0
Investments 665 25 70 170 178
4,434 7,242 10,292 12,237 17,393
Total Assets 5,211 7,451 10,598 12,716 17,875

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2020 Mar 2021 Mar 2022 Mar 2023
-500 -1,108 -1,425 -1,865
-112 -124 -81 -173
235 877 2,139 1,825
Net Cash Flow -376 -354 633 -212

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 163 72 183 146
Inventory Days 1,378
Days Payable 748
Cash Conversion Cycle 793 72 183 146
Working Capital Days -912 -860 -503 -277
ROCE % 17% 14% 12%

Shareholding Pattern

Numbers in percentages

1 Recently
Jun 2023Sep 2023Dec 2023
56.19% 56.19% 55.95%
9.40% 9.45% 7.16%
0.79% 0.78% 0.92%
32.17% 32.13% 35.95%
1.43% 1.43% 0.00%
No. of Shareholders 95,06794,90678,627

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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