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Nuvama Wealth Management Limited (NUVAMA.NS)

INR1,933.90 +14.20 (+0.74%)
IN NSE Financial Services Asset Management
Address Building No. 3 400051
Mumbai, IN
CEO Ashish Kehair
Website nuvama.com
IPO 2023-09-26
ISIN INE531F01023

Explore sections of this company profile

Also trades on Bombay Stock Exchange · NUVAMA.BO (INR) National Stock Exchange of India · NUVAMA.NS (INR)
Description

Operating across India, Nuvama Wealth Management Limited specializes in wealth management, asset management, and capital markets activities. The company offers a range of services including debt advisory, clearing, and both portfolio and investment advisory. Furthermore, it engages in institutional and retail securities brokerage, distributes various financial products, provides lending services against securities, and manages investments for alternative investment funds. The firm, which was incorporated in 1993 and is based in Mumbai, India, was previously known as Edelweiss Securities Limited before officially adopting the name Nuvama Wealth Management Limited in August 2022.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
INR1,933.90 +14.20 (+0.74%)
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Volume Profile
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Liquidity & share structure
Average Volume
570.9K
Beta
0.43
Float Shares
73.07M
Free Float %
40.1%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
-1.87% +3.04% +17.22% +16.90% +3.04% +2.62% +21.24% +190.78% +190.78% +190.78% +190.78%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
1,933.90
DCF (Unlevered) 3,280.50 +69.6%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 100% Bullish
Rating 2026-05 Change
Strong Buy 0 0
Buy 8 0
Hold 0 0
Sell 0 0
Strong Sell 0 0
Quality scores
Piotroski F-Score
4 / 9
Average
MOAT Score
5 / 10
Developing
Composite Rating
C
Overall Score
2 / 5
Medium
DCF Score
5 / 5
High
ROE Score
1 / 5
Low
ROA Score
1 / 5
Low
D/E Score
1 / 5
Low
P/E Score
1 / 5
Low
P/Book Score
1 / 5
Low
Operational MOAT
✗ Below peers
  • Revenue growth Asset Management: +17.4%
    +63.4% Q1'26: +120.7% (vs Q1'25)
  • EPS growth Asset Management: +22.7%
    +4.8% Q1'26: +7.1% (vs Q1'25)
  • FCF margin FCF growth · Asset Management: +27.7%
    +31.7% Q1'26: -82.6% (vs Q1'25)
  • EBIT margin Asset Management: +50.6%
    +53.2% Q1'26: +27.7% (vs Q1'25)
  • ROIC Asset Management: +6.5%
    Q1'26: -6.0% (vs Q1'25)
  • Share dilution Asset Management: +0.0%
    -1.0% Q1'26: -1.0% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Asset Management: -0.03×
    Q1'26: 0.00× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.33) × ERP
WACC = 79% × Ke + 21% × Kd (10.0%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 3,235.19 Current price: 1,933.90
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Mar 2024
actual
Mar 2025
actual
Mar 2026
7 Rev. Ana.
7 EPS Ana.
Mar 2027
4 Rev. Ana.
7 EPS Ana.
Mar 2028
6 Rev. Ana.
6 EPS Ana.
Mar 2029
2 Rev. Ana.
2 EPS Ana.
Mar 2030
1 Rev. Ana.
1 EPS Ana.
Revenue
17.38B
est: 28.52B (-39.1%)
21.40B
est: 28.97B (-26.1%)
30.79B
30.47B – 31.14B
+6.3% YoY
36.77B
35.25B – 37.78B
+19.4% YoY
43.15B
41.80B – 44.59B
+17.3% YoY
51.32B
49.35B – 53.28B
+18.9% YoY
54.02B
52.07B – 55.67B
+5.3% YoY
EBITDA
15.32B
est: 21.32B (-28.1%)
21.93B
est: 21.65B (+1.3%)
23.01B
22.77B – 23.27B
+6.3% YoY
27.48B
26.34B – 28.24B
+19.4% YoY
32.24B
31.24B – 33.33B
+17.3% YoY
38.35B
36.88B – 39.82B
+18.9% YoY
40.37B
38.92B – 41.61B
+5.3% YoY
EBIT
13.96B
est: 22.57B (-38.2%)
20.98B
est: 22.93B (-8.5%)
24.37B
24.12B – 24.64B
+6.3% YoY
29.10B
27.89B – 29.90B
+19.4% YoY
34.15B
33.09B – 35.29B
+17.3% YoY
40.61B
39.06B – 42.17B
+18.9% YoY
42.75B
41.21B – 44.06B
+5.3% YoY
Net Income
6.25B
est: 37.25B (-83.2%)
9.86B
est: 9.85B (+0.2%)
10.41B
9.85B – 10.73B
+5.7% YoY
12.02B
11.40B – 12.95B
+15.4% YoY
14.19B
13.64B – 15.99B
+18.0% YoY
17.45B
16.96B – 17.93B
+23.0% YoY
18.75B
17.88B – 19.50B
+7.5% YoY
SGA
9.62B
est: 15.08B (-36.2%)
12.40B
est: 15.31B (-19.0%)
16.28B
16.11B – 16.46B
+6.3% YoY
19.44B
18.63B – 19.97B
+19.4% YoY
22.80B
22.10B – 23.57B
+17.3% YoY
27.12B
26.08B – 28.16B
+18.9% YoY
28.55B
27.52B – 29.43B
+5.3% YoY
EPS
35.59
est: 205.42 (-82.7%)
55.09
est: 54.29 (+1.5%)
56.86
54.14 – 58.95
+4.7% YoY
67.68
62.65 – 71.17
+19.0% YoY
80.65
74.94 – 87.89
+19.2% YoY
95.86
93.21 – 98.51
+18.9% YoY
103.04
98.23 – 107.15
+7.5% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-12 C 2/5 5/5 1/5 1/5 1/5 1/5 1/5
2026-05-11 C 2/5 5/5 1/5 1/5 1/5 1/5 1/5
2026-05-08 C 2/5 5/5 1/5 1/5 1/5 1/5 1/5
2026-05-07 C 2/5 5/5 1/5 1/5 1/5 1/5 1/5
2026-05-06 C 2/5 5/5 1/5 1/5 1/5 1/5 1/5
2026-05-05 C 2/5 5/5 1/5 1/5 1/5 1/5 1/5
2026-05-04 C 2/5 5/5 1/5 1/5 1/5 1/5 1/5
2026-04-30 C 2/5 5/5 1/5 1/5 1/5 1/5 1/5
2026-04-29 C 2/5 5/5 1/5 1/5 1/5 1/5 1/5
2026-04-28 C 2/5 5/5 1/5 1/5 1/5 1/5 1/5
2026-04-27 C 2/5 5/5 1/5 1/5 1/5 1/5 1/5
2026-04-24 C 2/5 5/5 1/5 1/5 1/5 1/5 1/5
2026-04-23 C 2/5 5/5 1/5 1/5 1/5 1/5 1/5
2026-04-22 C 2/5 5/5 1/5 1/5 1/5 1/5 1/5
2026-04-21 C 2/5 5/5 1/5 1/5 1/5 2/5 1/5
2026-04-20 C 2/5 5/5 1/5 1/5 1/5 2/5 1/5
2026-04-17 C 2/5 5/5 1/5 1/5 1/5 2/5 1/5
2026-04-16 C 2/5 5/5 1/5 1/5 1/5 2/5 1/5
2026-04-15 C 2/5 5/5 1/5 1/5 1/5 2/5 1/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
539.96M
OE per share TTM
2.97
Owner's Yield
0.19%
Maintenance CapEx ratio
1.48%
Maint CapEx / Avg PPE
12.2%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
5.99M
Shares Outstanding
182.04M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Ashish Kehair MD, Chief Executive Officer & Director 96M male
Shiv Sehgal Executive Director 73M male
Dinesh Soni Group Head of Compliance
Harsh Jha Head of Technology male
Jasbir Kochar Chief Human Resource Officer male
Keyur Ajmera Group Chief Risk Officer male
Rashmi Nagori Head ESG & CSR
Riyaz Marfatia President & Chief Operating Officer male
Satyen Shah Head of Advisory male
Bharat Kalsi Chief Financial Officer & Head of Strategy male
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits