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Nuvama Wealth Management ‘s Q2 Financial results: Revenue Grows by 308% YoY

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Highlights

  • The presented financial data is Standalone to provide a comprehensive overview of the company performance.
  • Sales over the Year and quarter: The company experienced a substantial growth of 308 % in the past year, substantial increase in net sales/revenue by 118.52 %.
  • Profit over the Year and quarter: Significant improvement in profitability for Nuvama Wealth Management Limited. Notable increase of 2672 % in net profit Year to Year, Nuvama Wealth Management Limited’s profitability increased by 580.79 % in this quarter.
  • EPS over the Year and quarter: EPS increased by 2,636.50 % Year to Year. EPS increased by 577.89 % in previous quarter. Positive impact on shareholders.

The comprehensive analytics outlining the performance and outlook of Nuvama Wealth Management Limited‘s stock. This analysis encompasses various metrics including stock performance, investor sentiment, market trends, future outlook, risk factors, investment opportunities, long-term strategy, dividend policy, analyst insights, and the overall risk-reward profile. These insights aim to provide investors with a holistic understanding of the company”s stock, enabling informed decision-making and strategic investment planning.

Metrics Previous Year Previous Quarter Current Quarter Quarter to Quarter Difference Year to Year Difference
Sales Rs. 126.36 Cr Rs. 235.93 Cr Rs. 515.55 Cr + 118.52 % + 308 %
Expenses Rs. 91.26 Cr Rs. 138.29 Cr Rs. 144.85 Cr + 4.74 % + 58.72 %
Operating Profit Rs. 35.1 Cr Rs. 97.64 Cr Rs. 370.7 Cr + 279.66 % + 956.13 %
OPM % 27.78 % 41.39 % 71.9 % + 30.51 % + 44.12 %
Other Income Rs. 0.01 Cr Rs. 0 Cr Rs. 0 Cr 0 % 0 %
Interest Rs. 15.78 Cr Rs. 29.28 Cr Rs. 29.09 Cr -0.65 % + 84.35 %
Depreciation Rs. 7.79 Cr Rs. 3.77 Cr Rs. 3.97 Cr + 5.31 % -49.04 %
Profit before tax Rs. 11.54 Cr Rs. 64.59 Cr Rs. 337.64 Cr + 422.74 % + 2825.82 %
Tax % 0.95 % 27.95 % 6.16 % -21.79 % + 5.21 %
Net Profit Rs. 11.43 Cr Rs. 46.54 Cr Rs. 316.84 Cr + 580.79 % + 2672 %
EPS in Rs Rs. 3.24 Rs. 12.76 Rs. 86.63 + 578.92 % + 2573.77 %


Today, we’re looking at Nuvama Wealth Management Limited’s financial performance for the Q2(Sep 2024-25).Starting with the top line, the company reported a robust year-over-year sales growth of 308 %. However, it did see a marginal increase of 118.52 % from the previous quarter. Expenses ticked up slightly by 4.74 % quarter-on-quarter, aligning with the annual rise of 58.72 %. Operating profit, while up 956.13 % compared to last year, faced a quarter-on-quarter increase of 279.66 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 44.12 %, but an expansion of 30.51 % sequentially. Interest expenses dropped significantly by -0.65 % from the previous quarter, yet the year-over-year increase remains at a moderate 84.35 %. Depreciation costs climbed by 5.31 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -49.04 %. Profit before tax grew annually by 2825.82 % but saw an increase from the preceding quarter by 422.74 %.
Tax expenses as a percentage of profits increased slightly by 5.21 % compared to last year, with a more notable quarter-on-quarter decrease of -21.79 %. Net profit rose by 2672 % year-on-year but experienced a 580.79 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 2573.77 % but a quarterly rise of 578.92 %. In summary, Nuvama Wealth Management Limited’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.

Metrics Previous Year Previous Quarter Current Quarter Quarter to Quarter Difference Year to Year Difference
Sales Rs. 126.36 Cr Rs. 235.93 Cr Rs. 515.55 Cr + 118.52 % + 308 %
Expenses Rs. 91.26 Cr Rs. 138.29 Cr Rs. 144.85 Cr + 4.74 % + 58.72 %
Operating Profit Rs. 35.1 Cr Rs. 97.64 Cr Rs. 370.7 Cr + 279.66 % + 956.13 %
Net Profit Rs. 11.43 Cr Rs. 46.54 Cr Rs. 316.84 Cr + 580.79 % + 2672 %
EPS in Rs Rs. 3.24 Rs. 12.76 Rs. 86.63 + 578.92 % + 2573.77 %


In reviewing Nuvama Wealth Management Limited’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 308 % year-on-year growth, however, there was a minor increase of 118.52 % from the previous quarter. Expenses rose by 58.72 % compared to the previous year, with a 4.74 % increase quarter-on-quarter. Operating Profit surged by 956.13 % annually, and saw a 279.66 % increase from the last quarter.
Net Profit showed yearly increase of 2672 %, and experienced a 580.79 % increase from the previous quarter. Earnings Per Share (EPS) rose by 2573.77 % annually, however rose by 578.92 % compared to the last quarter. In essence, while Nuvama Wealth Management Limited exhibits strong annual growth indicators, short-term improvements suggest the potential for recovery and the importance of strategic adjustments to counter market challenges effectively. That’s all for now in the financial sector.

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