Nuvama Wealth Management (NSE:NUVAMA) Gross Margin % : 46.93% (As of Sep. 2024)

View and export this data going back to 2023. Start your Free Trial

What is Nuvama Wealth Management Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Nuvama Wealth Management's Gross Profit for the three months ended in Sep. 2024 was ₹2,591 Mil. Nuvama Wealth Management's Revenue for the three months ended in Sep. 2024 was ₹5,521 Mil. Therefore, Nuvama Wealth Management's Gross Margin % for the quarter that ended in Sep. 2024 was 46.93%.

The historical rank and industry rank for Nuvama Wealth Management's Gross Margin % or its related term are showing as below:

NSE:NUVAMA' s Gross Margin % Range Over the Past 10 Years
Min: 31.25 Med: 33.88 Max: 38.37
Current: 38.37

During the past 2 years, the highest Gross Margin % of Nuvama Wealth Management was 38.37%. The lowest was 31.25%. And the median was 33.88%.

NSE:NUVAMA's Gross Margin % is ranked worse than
63.25% of 536 companies
in the Asset Management industry
Industry Median: 53.12 vs NSE:NUVAMA: 38.37

Nuvama Wealth Management had a gross margin of 46.93% for the quarter that ended in Sep. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Nuvama Wealth Management was 0.00% per year.

Nuvama Wealth Management Gross Margin % Historical Data

The historical data trend for Nuvama Wealth Management's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Nuvama Wealth Management Gross Margin % Chart

Nuvama Wealth Management Annual Data

Trend

Mar23

Mar24

Gross Margin %

31.25

36.50

Nuvama Wealth Management Quarterly Data
	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Gross Margin %	Get a 7-Day Free Trial				46.81	50.88	12.90	44.06	46.93

Competitive Comparison of Nuvama Wealth Management's Gross Margin %

For the Asset Management subindustry, Nuvama Wealth Management's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Nuvama Wealth Management's Gross Margin % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Nuvama Wealth Management's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Nuvama Wealth Management's Gross Margin % falls into.

Nuvama Wealth Management Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Nuvama Wealth Management's Gross Margin for the fiscal year that ended in Mar. 2024 is calculated as

Gross Margin % (A: Mar. 2024 )	=	Gross Profit (A: Mar. 2024 )	/	Revenue (A: Mar. 2024 )
	=	6328.4	/	17336.25
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(17336.25 - 11007.87)	/	17336.25
	=	36.50 %

Nuvama Wealth Management's Gross Margin for the quarter that ended in Sep. 2024 is calculated as

Gross Margin % (Q: Sep. 2024 )	=	Gross Profit (Q: Sep. 2024 )	/	Revenue (Q: Sep. 2024 )
	=	2590.8	/	5520.5
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(5520.5 - 2929.7)	/	5520.5
	=	46.93 %

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Nuvama Wealth Management (NSE:NUVAMA) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Nuvama Wealth Management had a gross margin of 46.93% for the quarter that ended in Sep. 2024 => Durable competitive advantage

Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.

Nuvama Wealth Management Gross Margin % Related Terms

Thank you for viewing the detailed overview of Nuvama Wealth Management's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.

Nuvama Wealth Management Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Nuvama Wealth Management Ltd (NSE:NUVAMA) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

543988:India

Address

G Block, 801- 804, Wing A, Building No. 3, Inspire BKC, Bandra Kurla Complex, Bandra (East), Mumbai, MH, IND, 400051

Website

https://www.nuvama.com

Nuvama Wealth Management Ltd is an India-based wealth management solution provider with a presence across wealth & investment management, institutional securities, and custodial and advisory services. Its purpose is to help its clients capture opportunities and trends in financial markets and protect them from risks in a volatile world. The company's business segments are; Wealth Management, Asset Management, and Capital Markets. Maximum revenue is generated from its Wealth Management segment which is engaged in the distribution of financial products, Investment advisory, lending against securities, and securities broking for clients.

Nuvama Wealth Management Headlines

No Headlines