Nuvama Wealth Management (NSE:NUVAMA) ROCE % : 11.46% (As of Dec. 2024)

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What is Nuvama Wealth Management ROCE %?

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Nuvama Wealth Management's annualized ROCE % for the quarter that ended in Dec. 2024 was 11.46%.

Nuvama Wealth Management ROCE % Historical Data

The historical data trend for Nuvama Wealth Management's ROCE % 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.

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Nuvama Wealth Management ROCE % Chart

Nuvama Wealth Management Annual Data

Trend

Mar23

Mar24

ROCE %

14.96

23.41

Nuvama Wealth Management Quarterly Data
	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial					10.96	23.02	28.73	11.22	11.46

Nuvama Wealth Management ROCE % Calculation

Nuvama Wealth Management's annualized ROCE % for the fiscal year that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2024 )		(A: Mar. 2023 )		(A: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2024 )		(A: Mar. 2023 )		(A: Mar. 2024 )
	=	13958.11	/	( ( (127156.82 - 74636.01)	+	(203869.32 - 137124.63) )	/ 2 )
	=	13958.11	/	( (52520.81	+	66744.69)	/ 2 )
	=	13958.11	/	59632.75
	=	23.41 %

Nuvama Wealth Management's ROCE % of for the quarter that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	22358	/	( ( (226140.4 - 31079.1)	+	(0 - 0) )	/ 1 )
	=	22358	/	( ( 195061.3	+	0 )	/ 1 )
	=	22358	/	195061.3
	=	11.46 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2024) EBIT data.

Nuvama Wealth Management (NSE:NUVAMA) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

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Nuvama Wealth Management Business Description

Industry

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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.

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