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NUVAMA

NSEFinancial ServicesCap: ₹32031.93 Cr

Nuvama Wealth Management Ltd.

+20.16%YTD
AAOIFIMSCIDJIMBSE_TASIS

Non-Compliant (Not Permissible)

Evaluated using BSE_TASIS criteria

Reasons for Non-Compliance:
  • Sector Prohibition: Non-Permissible: Financial Services operates on interest intermediation (Riba) or prohibited credit risk.
  • Debt Ratio: 33.47% exceeds limit 33.0%.
  • Liquidity: Cash 70.41% exceeds limit 33.0%.
  • Impure Revenue: Non-permissible income 82.5% exceeds limit 3.0%.

Market Fundamentals

Live NSE/BSE
Market Cap
₹32031.93 Cr
P/E Ratio
29.9x
P/B Ratio
7.7x
52W High
₹2,066
52W Low
₹1,096.9
Div. Yield
161.00%
Shares O/S
18.45 Cr

Where Does the Money Come From?

Revenue breakdown for Nuvama Wealth Management Ltd.

Core Financial Services OperationsProhibited Core Activity

Non-Permissible: Financial Services operates on interest intermediation (Riba) or prohibited credit risk.

17.5%of Total Revenue
Treasury Interest & Secondary Non-Operating IncomeImpure Interest Income (Riba)

Non-operating interest income earned from cash and fixed deposits. Requires purification.

82.5%of Total Revenue
About Nuvama Wealth Management Ltd.

Non-Permissible: Financial Services operates on interest intermediation (Riba) or prohibited credit risk.

Interest-Bearing Debt Ratio
33.47%Max: ≤ 33.0%
Cash & Securities Liquidity
70.41%Max: ≤ 33.0%
Impure Revenue Ratio
82.5%Max: ≤ 5.0%
Screening Denominator
Total Assets

Purification & Zakat Calculator

Calculate how much to donate for NUVAMA

⚠️ Note: NUVAMA is not Halal. The right step is to sell this stock, not just purify the dividends. Keeping a non-compliant investment is not resolved by Sadaqah.