NSE ScannerComparison · NSE · data 2026-11-01
Nippon Life India Asset Management Ltd. vs Nuvama Wealth Management Limited
In plain words
Size: Nippon Life India Asset Management Ltd. is about 1.8 times the market value of Nuvama Wealth Management Limited.
Valuation (P/E): Nippon Life India Asset Management Ltd. 36.4 vs Nuvama Wealth Management Limited 29.9.
Return on equity: Nippon Life India Asset Management Ltd. 34.5% vs Nuvama Wealth Management Limited 27.4%.
Profit growth over 3 years: Nuvama Wealth Management Limited 50.5% a year vs Nippon Life India Asset Management Ltd. 28.3% a year.
Debt to equity: Nuvama Wealth Management Limited 2.85 vs Nippon Life India Asset Management Ltd. 0.02.
Differences in the numbers, not a recommendation of either stock.
Side by side
| NAM_INDIA | NUVAMA | |
|---|---|---|
| Price | ₹905 | ₹1,736 |
| Market cap | ₹57,924 cr | ₹32,218 cr |
| P/E | 36.4 | 29.9 |
| P/B | 12.1 | — |
| ROE | 34.5% | 27.4% |
| ROCE | — | — |
| Debt / equity | 0.02 | 2.85 |
| Operating margin | 68.0% | 29.3% |
| Dividend yield | 2.38% | 1.60% |
| Sales growth, 3 years (yearly) | 24.6% | 29.1% |
| Profit growth, 3 years (yearly) | 28.3% | 50.5% |
| 1-year return | 4.6% | 17.1% |
| Revenue, last 12 months | ₹3,242 cr | ₹4,907 cr |
| Net profit, last 12 months | ₹1,617 cr | ₹1,083 cr |
| Latest quarter | — | Jun 2026 |
| Quarter net profit | — | ₹306 cr |
| Quarter profit vs a year earlier | — | +15.8% |
| Promoter holding | — | 53.40% |
| Health check | Average (6.1/10) | Average (6.2/10) |
Common questions
Which has a higher P/E, Nippon Life India Asset Management Ltd. or Nuvama Wealth Management Limited?
Nippon Life India Asset Management Ltd. trades at the higher P/E (36.4 against 29.9). A higher P/E means the market pays more for each rupee of past earnings; on its own it does not say which is better.
Which earns a higher return on equity?
Nippon Life India Asset Management Ltd. (34.5% against 27.4%).
Which carries more debt?
Nuvama Wealth Management Limited has the higher debt-to-equity ratio (2.85 against 0.02).