Nuvama Wealth Management Ltd
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]
- Market Cap ₹ 18,893 Cr.
- Current Price ₹ 5,349
- High / Low ₹ 5,528 / 2,100
- Stock P/E 35.7
- Book Value ₹ 710
- Dividend Yield 0.00 %
- ROCE 12.2 %
- ROE 14.6 %
- Face Value ₹ 10.0
Pros
Cons
- Stock is trading at 7.53 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.
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 | 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% |
Documents
Announcements
- Announcement under Regulation 30 (LODR)-Credit Rating 23 Apr
- Intimation Under Regulation 30 Of SEBI (LODR) Regulations, 2015 23 Apr
-
Certificate Under Regulation 40(9) Of SEBI (LODR) Regulations, 2015
19 Apr - Find Attached certificate under Reg 40 of Listing Regulations.
- Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 8 Apr
-
Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS
5 Apr - Pl find attached intimation wrt ESOP Allotment
Annual reports
No data available.
Concalls
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Feb 2024Transcript PPT
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Nov 2023Transcript PPT REC
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Aug 2023TranscriptNotesPPT
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]