Hi, I am also expecting 5000Cr+ Macp for Nuvama. Also, I would like to compare with existing listed company for wealth management. I could not find any pure wealth management company. I have compared with HDFC AMC and UTI Asset(its not fair comparison) and they have 60% OPM but I see the OPM of nuvama is ~20%. Why?
Also, they have 3.6% of debt to equity ratio. Why? don’t understand.
Ref: https://www.bseindia.com/xml-data/corpfiling/AttachHis/5d020219-4fdf-462e-8cae-dd9be9dfb7f2.pdf
Subscribe To Our Free Newsletter |