How has been the historical performance of Nuvama Wealth?

Answer:The historical performance of Nuvama Wealth shows significant growth in net sales and profitability over the past five years.

Breakdown:
Nuvama Wealth's net sales have increased consistently from INR 1,272.77 crore in March 2021 to INR 4,158.26 crore in March 2025. The total operating income has followed a similar upward trend, reaching INR 4,158.26 crore in March 2025, up from INR 1,272.77 crore in March 2021. Operating profit (PBDIT) has also seen substantial growth, rising from INR 440.01 crore in March 2021 to INR 2,227.25 crore in March 2025, reflecting an operating profit margin improvement from 26.94% to 53.3%. Profit before tax has increased from a loss of INR 493.10 crore in March 2021 to a profit of INR 1,310.92 crore in March 2025, while profit after tax has grown from a loss of INR 551.31 crore to a profit of INR 977.68 crore over the same period. The company's net profit has shown a similar trajectory, moving from a loss of INR 474.89 crore in March 2021 to a profit of INR 977.68 crore in March 2025. Total assets have expanded significantly from INR 5,209.01 crore in March 2020 to INR 20,351.48 crore in March 2024, indicating robust growth in the company's financial position. However, total liabilities have also increased, reaching INR 20,351.48 crore in March 2024, up from INR 5,209.01 crore in March 2020. Cash flow from operating activities has been negative, with a cash outflow of INR 1,658 crore in March 2024, but cash flow from financing activities has provided some support with an inflow of INR 1,315 crore in the same period. Overall, Nuvama Wealth has demonstrated a strong upward trend in revenue and profitability, despite challenges in cash flow management.