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Nuvama Wealth Management Ltd
NSE: NUVAMA Financial Services Cap Markets 🔎 Screen
NIFTY 500 Smallcap 100 Smallcap 250
₹29,700 Cr
Market Cap
7.27
P/B
20.4%
ROCE
30.9%
ROE
2.37
D/E
43.5%
Fin. Margin
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📈 Price History
Ratio Health
Excellent
Good
Average
Poor
By Category
Shareholding
About

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

✓ Strengths 3
  • Company has delivered good profit growth of 58.7% CAGR over last 5 years
  • Company has a good return on equity (ROE) track record: 3 Years ROE 27.7%
  • Company has been maintaining a healthy dividend payout of 25.7%
! Concerns 1
  • Promoters have pledged 62.8% of their holding.
Key Ratios Snapshot
📊 Sector Averages
📈 Growth Pattern
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3-Statement Financial Model
Bear / Base / Bull projections · DCF fair value · Reverse-DCF
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📊 MIXED Revenue up 13% YoY to ₹1,269 Cr, profit up 5.5%
Revenue
Revenue grew 13.3% YoY to ₹1,269 Cr, with a sequential increase of 14.9% from ₹1,105 Cr in Dec 2025.
Profitability
Net profit rose 5.5% YoY to ₹269 Cr (EPS ₹14.79 vs ₹14.20). Tax rate was 24%, and PBT stood at ₹355 Cr.
Margins
Operating margin (OPM) contracted to 50% from 51% YoY and 55% QoQ, indicating cost pressures despite revenue growth.
Balance Sheet
Borrowings are ₹11,544 Cr against reserves of ₹4,085 Cr, resulting in a debt-to-equity ratio of 2.37.
Key Risks
High leverage (D/E 2.37) and interest expense of ₹258 Cr. Margin compression (OPM down 5pp QoQ) and slower profit growth relative to revenue.
Outlook
Sustained revenue growth is positive, but margin management and high debt levels need monitoring. ROE remains strong at 30.9%.
Generated by AI · Mar 2026 results · Not investment advice
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📊 Analysis Methodology

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Investment Risk:
Investing in securities, including equities and mutual funds, involves inherent risks, including the potential loss of principal. All investments are subject to market fluctuations, regulatory changes, and other risks that may affect their value. Past performance is not indicative of future results. This report is provided for informational and educational purposes only and should not be construed as investment advice under any circumstances.

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