Skip to content
thestock.space

As of 6 Nov 2026, Nuvama Wealth Management trades at 30.4× trailing earnings, above the industry P/E of 25.9×, and the shares are 11% below their 52-week high. It earns ROCE of 26% and ROE of 27%, and sales and net profit grew 20% and 51% a year over 3 years. Its dividend yield is 1.5%, and debt is 2.82× equity. It is a mid-cap company with a market cap of ₹34,107 Cr, ranked 9th of 69 Asset Management companies by market cap; the shares rose 31% over the past year.

As of 6 Nov 2026Prices are delayed about 15 minutes; fundamentals are from the quarter ended Jun 2026.How we calculate this

past year
Open
₹1,873.40
Day high
₹1,889.50
Day low
₹1,799.70
Prev. close
₹1,873.40
Volume
4.7 L

Health check

1 good · 1 fair · 4 to check
  • ReturnsAhead

    +31.0% over a year, better than 7 of 7 peers.

  • Price tagPricier

    P/E 30.4 vs industry 25.9.

  • GrowthSteady

    Sales +20.0%, profit +50.5% a year over 3 years.

  • ProfitabilityWeak

    ROCE 26.0% vs peer median 38.5%.

  • Balance sheetStretched

    Debt 2.82× equity, interest covered 2.5×, Piotroski 2 of 9.

  • Red flags2 to check

    Debt is 2.82× equity.

Compared with 7 industry peers. Computed from reported figures. Educational, not a recommendation.

Asset Management

68 listed peers. Screen the industry

Mid cap

₹34,107 Cr, #9 of 69 in its industry by size.

Defensive

Beta 0.35 vs the NIFTY 50: moves less than the market.

Key metrics

Last 12 months to Jun 2026: sales ₹3,853 Cr · profit ₹1,083 Cr
Market cap
₹34,107 Cr
Mid cap
P/E
30.4
Industry 25.9
Price to book
8.16
Peers 13.19
Dividend yield
1.49%
ROE
27.4%
Peers 35.3%
ROCE
26.0%
Peers 38.5%
Debt to equity
2.82
Debt ₹11,641 Cr
EPS (TTM)
₹60.76
Face value ₹2
OPM (TTM)
37.2%
Net margin 28.1%
Sales growth
+9.4%
Latest quarter vs a year ago
Profit growth
+15.8%
Latest quarter vs a year ago
Price to sales
8.85

Strengths and risks

Strengths

  • Return on equity of 27.4%.
  • Return on capital employed of 26.0%.
  • Net margin of 28.1%.

Risks to check

  • Debt is 2.82× equity.
  • Interest coverage of only 0.1×.

Derived automatically from reported figures. Not a recommendation.

About Nuvama Wealth Management

Nuvama Wealth Management Limited engages in wealth management, asset management and services, and capital markets businesses in India and internationally. It operates through wealth management, asset management, and capital markets segments. The company offers financial products, investment advisory, lending against securities and securities broking services; investment management services for alternative investment funds; and portfolio management…

Headquarters
Mumbai
Employees
3,435
Sector
Financial Services
ISIN
INE531F01023
Website
nuvama.com

Price range

52 weeks

₹1,096.90₹2,066.00

Today

₹1,799.70₹1,889.50
Avg volume (3M)
4 L
1-year return
plus 31.0%
From 52-week high
minus 10.5%

Analyst consensus

9 analysts
No consensusMean target ₹2,038.33 plus 10.3%

Target range, with today’s price

Low ₹1,800.00High ₹2,250.00

Consensus from Yahoo Finance. Not a recommendation.

Peers · Asset Management

Compare with peersScreen the whole industry
Company
JIOFINJio Financial Services231.20plus 0.69%1,58,44587.91.191.7%1.3%75.8%431.5%268.2%0.26%minus 23.9%
ICICIAMCICICI Prudential Asset Management Company2,935.80minus 1.45%1,45,10441.127.1698.3%76.2%74.1%28.9%29.6%1.44%plus 13.5%
BAJAJHLDNGBajaj Holdings & Investment11,044.00plus 1.80%1,22,91313.21.67–11.6%78.8%19.0%25.7%1.18%minus 10.3%
HDFCAMCHDFC Asset Management Company2,649.80plus 0.37%1,13,70138.313.1938.5%36.4%81.4%23.9%26.2%2.04%minus 2.3%
SBIFUNDSSBI Funds Management499.55minus 1.30%1,01,75033.313.47–40.4%78.5%––0.00%minus 18.1%
NAM-INDIANippon Life India Asset Management1,065.20minus 0.37%68,17742.814.2940.0%35.3%67.3%26.1%28.3%2.07%plus 21.3%
360ONE360 ONE WAM1,145.00plus 0.36%49,10738.74.5013.5%12.7%47.3%24.0%22.7%1.18%plus 5.7%
NUVAMANuvama Wealth Management1,848.10minus 1.35%34,10730.48.1626.0%27.4%37.2%20.0%50.5%1.49%plus 31.0%
Median of 7 peers–0.36%1,13,70138.713.1938.5%35.3%75.8%25.0%27.2%1.18%−2.3%

Quarterly results

Consolidated, ₹ crore
SalesSelect a row below to chart it
₹ CrMar 25Jun 25Sep 25Dec 25Mar 26Jun 26
575528–548644578
––––+12.0%+9.4%
538507–497627653
36.420.7–51.816.2−75.5
6.3%3.9%–9.4%2.5%−13.1%
494508–475577634
215240–242258295
28.724.3–26.636.226.9
52.986.5–82.356174
340351–340355411
24.9%24.8%–25.4%24.3%25.5%
255264–254269306
––––+5.4%+15.8%
–14.1413.6313.6214.4016.34

Profit & loss

Yearly, ₹ crore
Sales CAGR 3Y
+20.0%
Profit CAGR 3Y
+50.5%
EPS CAGR 3Y
+47.7%
ROE
27.4%
Net profitSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
1,3231,7382,1402,284
–+31.4%+23.1%+6.7%
1,3311,5481,9212,172
−7.8190219111
−0.6%10.9%10.2%4.9%
6271,0421,6521,849
380584780916
88.613897116
255302325456
4068121,3181,385
24.9%23.0%25.3%24.9%
3056259861,041
–+105.0%+57.7%+5.6%
17.4034.8353.7156.06

Forecast

Your assumptions, not a prediction

Balance sheet

At each financial year end, ₹ crore
Total assetsSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
35.135.33636.4
2,2192,8593,4544,085
5,3986,7467,83911,544
5,06310,74617,05918,827
12,71620,38728,38834,491
229219221211
–––0.2
539126184431
6,63313,92422,09624,287
5,3146,1185,8869,563
12,71620,38728,38834,491

Cash flow

Yearly, ₹ crore
Cash from operationsSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
−1,865−1,658−373−3,014
−177−79.8−63.7−128
1,8251,3166013,181
−217−42216439.9
−78.9−80.9−33.1−28.7
−1,944−1,739−406−3,042
––−514−501

Shareholding pattern

Source: NSE filings
53.4%
promoters
  • Promoters53.40%
  • Public46.60%
  • As of 30 Sep 2026
QuarterSplitPromotersPublicPromoter change
30 Sep 202653.40%46.60%minus 0.58
30 Jun 202653.98%46.02%minus 0.15
31 Mar 202654.13%45.87%minus 0.07
31 Dec 202554.20%45.80%minus 0.45
30 Sep 202554.65%45.35%–

Major shareholders

NSE filing

Filings & events

News

No recent news coverage found.

My notes

Private to you