N

Nuvama Wealth Management Limited

NUVAMANSE
Market snapshot · 2026-08-12 09:33 UTC

1,694.10

₹-12.60 (-0.74%)

MARKET CAP

₹30.93K Cr

STOCK P/E

27.9x

52W HIGH

₹2,066.00

52W LOW

₹1,096.90

BOOK VALUE

₹226.45

EPS

₹60.76

ROE

SECTOR

Financials

DEBT/EQUITY

282.33

VOLUME

2.44L

P/B RATIO

7.48x

PEG RATIO

1.79

Sector

Financials

Themes

Diversified FinancialsCapital MarketMukul Agrawal PortfolioTop 20 Investors in India Portfolio
D
Dividend
S
Split
E
Earnings
₹1,980.10₹1,768.02₹1,555.94₹1,343.86₹1,131.78VolumeEEDSEEDEAug '25Sep '25Nov '25Jan '26Mar '26Apr '26Jun '26Aug '26

AI Summary

✦ Clartha

Forecast

Analyst targets, estimate history, and probabilistic forward ranges for NUVAMA.

8.00 analysts

Price Forecast

Current
₹1,694
High Target
₹2,165
▲ +27.8%
Median Target
₹2,073
▲ +22.3%
Low Target
₹1,800
▲ +6.3%
Now₹1,694High ₹2,165Median ₹2,073Low ₹1,800Aug '25Now12M Target
Price history (1Y)
Analyst target range
8 analysts

Probabilistic Range

Probabilistic lognormal cone using 1Y realized volatility and analyst-target drift when available.

Time horizonRange ()Probability
3M₹1,396 - ₹2,19380%
6M₹1,313 - ₹2,48780%
12M₹1,226 - ₹3,02880%
Realized vol: +35.3% · Drift: +19.1%

Revenue Forecast

₹ Cr
Jun '26Current₹424.0
Sep 2026 ETrend estimate range
High₹192.4Base₹178.2Low₹163.9
Sep '25: ₹188.0 · Dec '25: ₹404.0 · Mar '26: ₹172.0 · Jun '26: ₹424.0 · Sep '26: ₹178.2 · Dec '26: ₹382.9
Sep '25Dec '25Mar '26Jun '26Sep '26 EDec '26 E188.0404.0172.0424.0178.2382.9
PastCurrentTrend estimate: Low / Base / High

EPS Forecast

₹ / share
Jun '26Current₹13.95
Sep 2026 ETrend estimate range
High₹3.03Base₹2.71Low₹2.38
Sep '25: ₹2.57 · Dec '25: ₹15.42 · Mar '26: ₹1.05 · Jun '26: ₹13.95 · Sep '26: ₹2.71 · Dec '26: ₹16.23
Sep '25Dec '25Mar '26Jun '26Sep '26 EDec '26 E2.5715.421.0513.952.7116.23
PastCurrentTrend estimate: Low / Base / High
Market Intelligence

Multi-factor synthesis of 5 key dimensions

Overall Outlook
Neutral
62%
Analyst Consensus
Weakening

From 8 analysts

Mean upside+19.5%

Fundamentals

Moderate

Fundamentals institutional score is 65 using growth durability 64.7.

Valuation

Premium valuation

Valuation institutional score is 30 using relative multiple z-scores where peer dispersion is available.

Analyst Consensus

Positive

Analyst View institutional score is 76 using mean target upside 19.5%; dispersion penalty 7.2; recommendation breadth from available consensus.

Technical Structure

Strong Trend

Technicals institutional score is 72 using EMA-20 continuation within 5% tolerance; VCP range/volume contraction proxy.

Market Sentiment

Neutral backdrop

Recent news flow is balanced or not decisive enough to tilt the tape. Based on 10 recent ticker-linked news items.

Signal Summary

Market intelligence remains Neutral. fundamentals and analyst consensus provide support, while valuation remain considerations.

Composite weights: Fundamentals 25%, Valuation 20%, Analyst Consensus 20%, Technical Structure 20%, Market Sentiment 15%.

Fundamentals ModerateValuation Premium valuationAnalyst Consensus PositiveTechnical Structure Strong TrendMarket Sentiment Neutral backdrop

Key Data Points

Mean Target Price2,023.8 target
Mean Upside+19.5%
Technical Score72%
Fundamental Score65%
Data CoverageHigh

Important Note: This is market intelligence, not investment advice. Always conduct your own research and consider your financial goals and risk tolerance.

Valuation Metrics

Trading 35.2% above historical median. Valuation is rising — currently in the strongly overvalued zone (z-score: +1.57). Confidence: 72%.

Live forward EPS implies next-12-month EPS of ₹83.54. Applying the stock's normalized valuation corridor produces a fair range of ₹1,341.65 to ₹1,900.54, with base value near ₹1,722.59 (+1.7% vs current price).

Forward Valuation Outlook

Live forward estimate anchored to the company's historical valuation corridor.

Inside normalized range

Forward EPS

₹83.54

Forward P/E

20.3x

Base Fair Value

₹1,722.59

Fair Range

₹1,341.65 - ₹1,900.54

Upside To Base

+1.7%

Estimate Source

Live forward EPS

Growth Estimate

+15.6%

P/B
Fair

5Y Average

7.10

Current

7.48

Overvalued

8.17

Undervalued

6.04

P/E
Strongly Overvalued

5Y Average

19.95

Current

27.88

Overvalued

22.75

Undervalued

16.06

P/S
Strongly Overvalued

5Y Average

5.74

Current

8.03

Overvalued

6.61

Undervalued

4.84

Peers & Comparison

Sector: Financials · Theme: Diversified Financials

Diversified Financials Business Peers8 peers
Avg P/E: 51.1x
CompanyRev. GrowthMarginP/Evs Avg52W Perf.
HDFC AMC LIMITED
HDFCAMCAsset Management
+13.4%61.6%
37.0x
Undervalued
-28% vs avg
-8.2%
ANAND RATHI WEALTH LTD
ANANDRATHIAsset Management
+52.1%33.2%
78.5x
Premium
+54% vs avg
+55.9%
NIPPON L I A M LTD
NAM-INDIAAsset Management
+24.5%52.5%
46.6x
Fair
-9% vs avg
+46.9%
PRUDENT CORP ADV SER LTD
PRUDENTAsset Management
+20.9%17.5%
57.2x
Fair
+12% vs avg
+25.9%
ICICI PRUDENTIAL AMC LTD
ICICIAMCAsset Management
+18.1%55.5%
43.5x
Fair
-15% vs avg
+17.1%
BAJAJ HOLDINGS & INVS LTD
BAJAJHLDNGAsset Management
+24.2%734.6%
14.4x
Undervalued
-72% vs avg
-16.3%
TATA INVESTMENT CORP LTD
TATAINVESTAsset Management
+4.1%105.2%
80.1x
Premium
+57% vs avg
+0.0%
BSE LIMITED
BSEStock Exchanges & Ratings
+64.0%48.9%
51.2x
Fair
0% vs avg
+44.4%
Diversified Financials Theme Peers8 peers
Avg P/E: 45.4x
CompanyRev. GrowthMarginP/Evs Avg52W Perf.
ANAND RATHI WEALTH LTD
ANANDRATHIAsset Management
+52.1%33.2%
78.5x
Premium
+73% vs avg
+55.9%
ADIT BIRL SUN LIF AMC LTD
ABSLAMCAsset Management
+10.6%47.6%
29.2x
Undervalued
-36% vs avg
+19.1%
NIPPON L I A M LTD
NAM-INDIAAsset Management
+24.5%52.5%
46.6x
Fair
+3% vs avg
+46.9%
PRUDENT CORP ADV SER LTD
PRUDENTAsset Management
+20.9%17.5%
57.2x
Premium
+26% vs avg
+25.9%
MOTILAL OSWAL FIN LTD
MOTILALOFSDiversified Financials
+23.9%23.0%
27.2x
Undervalued
-40% vs avg
-3.2%
ADITYA BIRLA CAPITAL LTD.
ABCAPITALDiversified Financials
+31.4%11.9%
26.2x
Undervalued
-42% vs avg
+52.1%
BSE LIMITED
BSEStock Exchanges & Ratings
+64.0%48.9%
51.2x
Fair
+13% vs avg
+44.4%
MULTI COMMODITY EXCHANGE
MCXStock Exchanges & Ratings
+85.3%55.6%
46.9x
Fair
+3% vs avg
+77.6%
WHY THESE PEERS

NUVAMA WEALTH MANAGE LTD trades at a discount (27.9x vs peer avg 51.1x), suggesting potential undervaluation relative to the Diversified Financials cohort. Peers include HDFC AMC LIMITED, ANAND RATHI WEALTH LTD, NIPPON L I A M LTD — selected based on business model, industry classification, market cap similarity, and business theme alignment.

Financials

Real statement data for revenue, earnings quality, conversion, and balance-sheet coverage. Monetary values are shown in Rs crore.

Latest revenue

₹424 CrJun 2026

Latest net profit

₹255 CrJun 2026

Latest EPS

₹13.95Jun 2026

Net margin

66.0%Jun 2026

Performance

Bars show revenue and net profit. The line shows net margin.

Rs crore + margin %
Q1 '26Q2 '26Q3 '26Q4 '26Q1 '270.0%20.0%40.0%60.0%80.0%0.00 Cr150 Cr300 Cr450 Cr600 Cr
  • Revenue
  • Net income
  • Net margin %

Earnings

Revenue is shown in crores. EPS is rupees per share.

Rs crore + Rs/share
Q1 '26Q2 '26Q3 '26Q4 '26Q1 '270.00 Cr150 Cr300 Cr450 Cr600 Cr₹0₹4₹8₹12₹16
  • Revenue
  • EPS

Revenue to profit conversion

Bridge from operating numbers to profit for the latest reported period.

Rs crore
RevenueExpensesDepreciationOtheradjustmentsOperatingprofitOther incomeInterestOtheradjustmentsProfitbefore taxTax & otherNet Profit0.00 Cr150 Cr300 Cr450 Cr600 Cr

Latest reported period: Jun 2026

Debt level and coverage

Debt, cash and free cash flow compared on the same crore scale.

Rs crore
Annual view
Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026-2.50K Cr0.00 Cr2.50K Cr5.00K Cr7.50K Cr
  • Debt
  • Free cash flow
  • Cash & equivalents

Results

MetricJun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales +126126187215236516385218422188404172424
Expenses +869110012713814513515414511191141146
Operating Profit3935878998371251642787631331278
OPM %31%28%47%41%41%72%65%29%66%41%77%18%66%
Other Income +0000000334387
Interest8162025292927265214141524
Depreciation1182926444444544
Profit before tax2012383865338219372256229720257
Tax %-22%1%18%18%28%6%6%25%2%26%6%5%1%
Net Profit +2411313247317207272214628019255
EPS in Rs1.380.651.761.782.6317.7411.531.5312.302.5715.421.0513.95
Raw PDF

All values in ₹ Crores unless otherwise stated. Source: Screener Master (Standalone).

Shareholding Pattern

HolderJun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters +54.74%54.64%54.20%54.13%53.98%
FIIs +17.14%16.30%16.39%16.94%19.00%
DIIs +6.35%7.59%8.37%8.30%8.49%
Public +21.77%21.46%21.04%20.62%18.51%
Others0.01%0.01%0.02%
Jun 2026
Promoters +
FIIs +
DIIs +
Public +
Others

Events Timeline

Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS

Aug 06, 2026PDFCompany Reports Open

Investor Presentation (In US Dollars) On The Unaudited Consolidated Financial Results For The Quarter Ended June 30, 2026

Aug 05, 2026PDFCompany Reports Open

Announcement under Regulation 30 (LODR)-Earnings Call Transcript

Aug 05, 2026PDFCompany Reports Open

Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

Aug 05, 2026PDFCompany Reports Open

Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

Aug 05, 2026PDFCompany Reports Open