Alerts will be sent to your verified email
Verify EmailNUVAMA
Nuvama Wealth balance sheet is weak and might have solvency issues
The net debt of Nuvama Wealth is decreasing.
Latest net debt of Nuvama Wealth is -₹32,615.6 Crs as of Mar-25.
This is less than Mar-24 when it was -₹18,480.77 Crs.
Yes, profit is increasing.
The profit of Nuvama Wealth is ₹1,023 Crs for TTM, ₹986 Crs for Mar 2025 and ₹625 Crs for Mar 2024.
The company seems to be paying a very low dividend.
Investors need to see where the company is allocating its profits.
Nuvama Wealth latest dividend payout ratio is 52.71% and 3yr average dividend payout ratio is 52.71%
Companies resources are allocated to majorly unproductive assets like Cash & Short Term Investments