Sector Alpha Week of 2026-07-29
20-quarter listed-company comparison

Finance - Capital Markets - Wealth Management Stocks in India

Finance - Capital Markets - Wealth Management: Motilal Oswal Financial Services Ltd owns the largest revenue base; 360 ONE WAM Ltd has the fastest current growth.

Nifty Finance - Capital Markets - Wealth Management Index — Constituents & Performance

The Finance - Capital Markets - Wealth Management companies below are the listed Indian Finance - Capital Markets - Wealth Management universe this page tracks — the same constituent set people search for as the Nifty Finance - Capital Markets - Wealth Management index. Every figure is equal-weighted across those companies, so one large constituent cannot set the reading.

The sector itself · before any single company

How has Finance - Capital Markets - Wealth Management moved against NIFTY 500?

The line below covers 5.1 years. Over the most recent two of them this sector is 55% ahead of NIFTY 500. Earnings across its companies grew 12% on average over the last four reported quarters. It has been ahead of NIFTY 500 on a rolling three-month view for 17 weeks running.

LEADER · ahead 17wPrice and the fundamentals both up4 of 4 companies ahead of NIFTY 500 by 5% or more over three months

RS ↑17w · 4/4 >200d (+1) · 4/4 lead (+1) · EPS 3/4↑

2005001000202620252024202320222021 1478336 TRAILING 12-MONTH EPS · 100 AT THE START0100185Dec 23Jun 24Dec 24Jun 25Dec 25Jun 26Sep 2023 · trailing 12-month earnings per share at 100, against 100 at the start · up 32.1% on a year ago · 4 reportingDec 2023 · trailing 12-month earnings per share at 118, against 100 at the start · up 73.5% on a year ago · 4 reportingMar 2024 · trailing 12-month earnings per share at 136, against 100 at the start · up 128.4% on a year ago · 4 reportingJun 2024 · trailing 12-month earnings per share at 153, against 100 at the start · up 91.7% on a year ago · 4 reportingSep 2024 · trailing 12-month earnings per share at 171, against 100 at the start · up 59.2% on a year ago · 4 reportingDec 2024 · trailing 12-month earnings per share at 185, against 100 at the start · up 52.9% on a year ago · 4 reportingMar 2025 · trailing 12-month earnings per share at 157, against 100 at the start · up 27.0% on a year ago · 4 reportingJun 2025 · trailing 12-month earnings per share at 168, against 100 at the start · up 22.2% on a year ago · 4 reportingSep 2025 · trailing 12-month earnings per share at 141, against 100 at the start · up 15.8% on a year ago · 4 reportingDec 2025 · trailing 12-month earnings per share at 145, against 100 at the start · up 9.1% on a year ago · 4 reportingMar 2026 · trailing 12-month earnings per share at 144, against 100 at the start · up 7.9% on a year ago · 4 reportingJun 2026 · trailing 12-month earnings per share at 151, against 100 at the start · up 14.2% on a year ago · 3 reportingNot reported yet — earnings trail price by a quarter or two151No earnings on file this far back — the price series reaches further than the filings doNO EARNINGS ON FILE
2005001000202620252024202320222021 1478336 TRAILING 12-MONTH EPS · 100 AT THE START0100185Jun 24Jun 25Jun 26Sep 2023 · trailing 12-month earnings per share at 100, against 100 at the start · up 32.1% on a year ago · 4 reportingDec 2023 · trailing 12-month earnings per share at 118, against 100 at the start · up 73.5% on a year ago · 4 reportingMar 2024 · trailing 12-month earnings per share at 136, against 100 at the start · up 128.4% on a year ago · 4 reportingJun 2024 · trailing 12-month earnings per share at 153, against 100 at the start · up 91.7% on a year ago · 4 reportingSep 2024 · trailing 12-month earnings per share at 171, against 100 at the start · up 59.2% on a year ago · 4 reportingDec 2024 · trailing 12-month earnings per share at 185, against 100 at the start · up 52.9% on a year ago · 4 reportingMar 2025 · trailing 12-month earnings per share at 157, against 100 at the start · up 27.0% on a year ago · 4 reportingJun 2025 · trailing 12-month earnings per share at 168, against 100 at the start · up 22.2% on a year ago · 4 reportingSep 2025 · trailing 12-month earnings per share at 141, against 100 at the start · up 15.8% on a year ago · 4 reportingDec 2025 · trailing 12-month earnings per share at 145, against 100 at the start · up 9.1% on a year ago · 4 reportingMar 2026 · trailing 12-month earnings per share at 144, against 100 at the start · up 7.9% on a year ago · 4 reportingJun 2026 · trailing 12-month earnings per share at 151, against 100 at the start · up 14.2% on a year ago · 3 reportingNot reported yet — earnings trail price by a quarter or twoNo earnings on file this far back — the price series reaches further than the filings doNO EARNINGS ON FILE
Finance - Capital Markets - Wealth Management, equal-weighted, based at 200 NIFTY 500, same base, same start trailing 12-month earnings per share rising falling
Strength anatomy Broadening down the ladderHow much of the sector is participating, how recently, and whether the movers score well.
Together4 of 4 stocks moving
Fresh1 crossed in the last 4 weeks
Backed by scoresmovers score +0 vs the sector average
Down the cap ladder — bar is now, tick is four weeks ago
Large 1/10
Mid 2/2+1
Small 1/10

Participation is spreading downward — the mid and small companies added more this month than the large ones did.

Both lines start at 200 in the same week, so the distance between them is the whole story: the sector line is an equal-weighted index of its 4 companies. The bars underneath are trailing 12-month earnings per share, one bar per reported quarter, each member rebased to 100 at the start and the sector taking the median — so a price line pulling away from flat bars is a re-rating, not earnings. A bar turns red when that figure is lower than the quarter before. Rules are fixed and applied identically everywhere on this site: ahead by 5% or more over three months, or behind by 20% or more over a year while earnings grew 20% or more. Hover any point to read both values and the gap. This is a description of what the numbers did, not advice.

Sector relative strength · before individual stocks

Is Finance - Capital Markets - Wealth Management outperforming NIFTY 500?

The 52-week comparison of Finance - Capital Markets - Wealth Management against NIFTY 500 is not available from the current market series. 4 of 4 covered companies currently beat NIFTY on Mansfield relative strength, so leadership inside the sector is selective. Nuvama Wealth Management Ltd is the strongest against the sector itself at +23.5%. Readings are as of 2026-07-19.

Sector vs NIFTY 500 · 13 weeks
Sector vs NIFTY 500 · 52 weeks
4/4Stocks leading NIFTY 500
2/4Stocks leading sector

Sector metric: 19.3 as of 2026-07-19 · CONSOLIDATION · falling.

The central tension: the companies with the most scale are not necessarily the companies creating the most change.

Start with scale. Then earnings trajectory. Then business quality. Only after those three agree should price leadership carry much weight.

Bottom line

The 52-week sector comparison is unavailable. 4 of 4 covered companies currently have positive Mansfield relative strength versus NIFTY 500. Motilal Oswal Financial Services Ltd leads with income of ₹10,063 crore, based on 4 of 4 comparable companies through Jun 2026. 360 ONE WAM Ltd has the fastest current income growth at 36.8%, across 4 of 4 comparable companies.

Is the Finance - Capital Markets - Wealth Management sector outperforming NIFTY 500?

The 52-week sector comparison is unavailable. 4 of 4 covered companies currently have positive Mansfield relative strength versus NIFTY 500.

Which Finance - Capital Markets - Wealth Management company is largest by income?

Motilal Oswal Financial Services Ltd leads with income of ₹10,063 crore, based on 4 of 4 comparable companies through Jun 2026.

Which Finance - Capital Markets - Wealth Management company is growing fastest?

360 ONE WAM Ltd has the fastest current income growth at 36.8%, across 4 of 4 comparable companies.

Which Finance - Capital Markets - Wealth Management company has the strongest 4-Factor Sector Score?

Nuvama Wealth Management Ltd ranks first at 55.2/100 with 82.3% evidence confidence. The score prioritizes research; it is not a buy recommendation.

Which Finance - Capital Markets - Wealth Management company has the lowest comparable P/BV-to-ROE?

Motilal Oswal Financial Services Ltd has the lowest comparable P/BV ÷ ROE at 0.26, among 4 of 4 companies that pass the metric’s comparability rules.

How much history does this Finance - Capital Markets - Wealth Management comparison include?

The page compares up to 20 reported quarters per company for fundamentals, CAPEX, debt and valuation, ending Jun 2026. Missing observations remain blank rather than being estimated.

How is the 4-Factor Sector Score calculated?

The four visible contributions add directly: growth and earnings up to 35 points, capital efficiency up to 25, valuation up to 20, and relative strength up to 20. Missing or stale evidence moves only the affected contribution toward neutral.

Companies
4
complete canonical membership
Combined market value
₹1.7 L Cr
Motilal Oswal Financial Services Ltd
Revenue growing
4/4
positive TTM year-on-year growth
Beating NIFTY 500
4/4
positive Mansfield relative strength
Global company selection
00 · research priority, made explicit

4-Factor Sector Score

An additive sector-relative research score. The four displayed point contributions always equal the total: Growth & earnings (35), Capital efficiency (25), Valuation (20), and Relative strength (20). Missing or stale evidence is absorbed inside the affected factor, never applied as a hidden adjustment.

Growth & earnings · 35%Capital efficiency · 25%Valuation · 20%Relative strength · 20%
Nuvama Wealth Management Ltd has the strongest current balance of earnings trajectory, business quality, valuation and price confirmation, with 82.3% evidence confidence.
Nuvama Wealth Management Ltd has stronger price confirmation than earnings confirmation; that is a research prompt, not permission to chase.

Missing observations are not scored as bad. Their missing weight lowers confidence and pulls the final score toward neutral. Financial companies use P/BV÷ROE and asset quality; PEG, industrial OPM and ROCE are excluded.

1. Nuvama Wealth Management Ltd · NUVAMA

55.2/100 · Mixed-positive evidence · 82% evidence

Exact sum: 11 + 21.5 + 2.7 + 20 = 55.2

Decision use: Price leads the evidence: RS versus the benchmark is 29.5%, but earnings trajectory is weak. Wait for revenue and profit confirmation.

11.0/35Growth & earnings

Income 11.4% · PAT 5.7%

75% evidence

21.5/25Capital efficiency

ROA 3% · ROE 27.4% · GNPA —

72% evidence

2.7/20Valuation

P/BV 8.76× · P/BV÷ROE 0.32

90% evidence

20.0/20Relative strength

RS sector 23.5% · RS bench 29.5% · 1Y 20.5%

100% evidence

2. Anand Rathi Wealth Ltd · ANANDRATHI

54.3/100 · Thin evidence · provisional · 59% evidence

Exact sum: 26.5 + 16.8 + 4 + 7 = 54.3

Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.

26.5/35Growth & earnings

Income 22.8% · PAT 45.2%

52% evidence

16.8/25Capital efficiency

ROA — · ROE 47.3% · GNPA —

34% evidence

4.0/20Valuation

P/BV 33.98× · P/BV÷ROE 0.72

60% evidence

7.0/20Relative strength

RS sector -26.9% · RS bench 28.8% · 1Y -20.9%

100% evidence

3. Motilal Oswal Financial Services Ltd · MOTILALOFS

52.1/100 · Mixed-positive evidence · 86% evidence

Exact sum: 9.2 + 19.6 + 5.3 + 18 = 52.1

Decision use: Price leads the evidence: RS versus the benchmark is 10.6%, but earnings trajectory is weak. Wait for revenue and profit confirmation.

9.2/35Growth & earnings

Income 14.9% · PAT -28.8%

86% evidence

19.6/25Capital efficiency

ROA 4.3% · ROE 15.5% · GNPA —

72% evidence

5.3/20Valuation

P/BV 4.07× · P/BV÷ROE 0.26

90% evidence

18.0/20Relative strength

RS sector 5.5% · RS bench 10.6% · 1Y 6.1%

100% evidence

4. 360 ONE WAM Ltd · 360ONE

51.9/100 · Thin evidence · provisional · 59% evidence

Exact sum: 24.2 + 14.8 + 5.9 + 7 = 51.9

Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.

24.2/35Growth & earnings

Income 36.8% · PAT 19.5%

52% evidence

14.8/25Capital efficiency

ROA — · ROE 14.4% · GNPA —

34% evidence

5.9/20Valuation

P/BV 4.55× · P/BV÷ROE 0.32

90% evidence

7.0/20Relative strength

RS sector -3.9% · RS bench 0.9% · 1Y -7.4%

70% evidence

01 · compare level, then change

Income Scale & Growth Durability

Motilal Oswal Financial Services Ltd has the highest Income among the 4 Finance - Capital Markets - Wealth Management companies compared here, at ₹10,063 crore. Nuvama Wealth Management Ltd is next at ₹4,631 crore. 360 ONE WAM Ltd has the highest Income growth at 36.8%, so level and change sit with different companies.

What the numbers say: Motilal Oswal Financial Services Ltd is the scale leader at ₹10,063 crore, 117.3% ahead of Nuvama Wealth Management Ltd. 360 ONE WAM Ltd's growth is 36.8% from a ₹4,620 crore base, with 15 reported observations in the 20-quarter window. Treat the growth leader as an acceleration candidate, not as equally proven scale.

LeaderMotilal Oswal Financial Services Ltd · ₹10,063 crore
Gap117.3% versus #2 · Nuvama Wealth Management Ltd
Persistence6/8 recent comparable periods
Coverage4/4 companies · 67 observations

Investor read: Motilal Oswal Financial Services Ltd is the scale benchmark; 360 ONE WAM Ltd is the acceleration watch. Promote the challenger only if growth persists and converts into margin and returns.

This conclusion weakens if: Motilal Oswal Financial Services Ltd's growth falls below 360 ONE WAM Ltd's for two consecutive comparable reports while operating margin also compresses.

For lenders, reported income is used instead of industrial-company sales. Growth is compared year-on-year.
Incomelargest
1Motilal Oswal Financial Services Ltd MOTILALOFS₹10.1K Cr
2Nuvama Wealth Management Ltd NUVAMA₹4.6K Cr
3360 ONE WAM Ltd 360ONE₹4.6K Cr
4Anand Rathi Wealth Ltd ANANDRATHI₹1.2K Cr
Income growthfastest growers
1360 ONE WAM Ltd 360ONE37%
2Anand Rathi Wealth Ltd ANANDRATHI23%
3Motilal Oswal Financial Services Ltd MOTILALOFS15%
4Nuvama Wealth Management Ltd NUVAMA11%
Income · company comparison
4/4 level · 4/4 change

Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.

All-company data · latest reported quarter

Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.

CompanyIncomeIncome growthReported
Motilal Oswal Financial Services Ltd MOTILALOFS₹3.4K Cr25%Jun 2026
Nuvama Wealth Management Ltd NUVAMA₹1.3K Cr13%Mar 2026
360 ONE WAM Ltd 360ONE₹1.2K Cr35%Jun 2026
Anand Rathi Wealth Ltd ANANDRATHI₹322 Cr18%Jun 2026
Full 20-quarter history · every available company

Income · reported quarter history

360 ONE WAM Ltd · 360ONE

₹517 Cr
₹482 Cr
₹573 Cr
₹550 Cr
₹630 Cr
₹791 Cr
₹849 Cr
₹865 Cr
₹780 Cr
₹821 Cr
₹911 Cr
₹1.1K Cr
₹1.2K Cr
₹1.1K Cr
₹1.2K Cr

Anand Rathi Wealth Ltd · ANANDRATHI

₹138 Cr
₹143 Cr
₹175 Cr
₹183 Cr
₹182 Cr
₹184 Cr
₹238 Cr
₹242 Cr
₹237 Cr
₹222 Cr
₹274 Cr
₹297 Cr
₹290 Cr
₹288 Cr
₹322 Cr

Motilal Oswal Financial Services Ltd · MOTILALOFS

₹1.3K Cr
₹1.0K Cr
₹1.1K Cr
₹761 Cr
₹1.3K Cr
₹1.1K Cr
₹1.0K Cr
₹1.5K Cr
₹1.7K Cr
₹1.8K Cr
₹2.2K Cr
₹2.3K Cr
₹2.8K Cr
₹2.0K Cr
₹1.2K Cr
₹2.7K Cr
₹1.8K Cr
₹2.1K Cr
₹2.7K Cr
₹3.4K Cr

Nuvama Wealth Management Ltd · NUVAMA

₹486 Cr
₹463 Cr
₹566 Cr
₹579 Cr
₹613 Cr
₹648 Cr
₹735 Cr
₹841 Cr
₹929 Cr
₹949 Cr
₹1.1K Cr
₹1.0K Cr
₹1.1K Cr
₹1.1K Cr
₹1.1K Cr
₹1.1K Cr
₹1.3K Cr

Income growth · reported quarter history

360 ONE WAM Ltd · 360ONE

22%
64%
48%
57%
24%
3.8%
7.3%
27%
51%
36%
35%

Anand Rathi Wealth Ltd · ANANDRATHI

32%
29%
36%
32%
30%
21%
15%
23%
22%
30%
18%

Motilal Oswal Financial Services Ltd · MOTILALOFS

-16%
-0.2%
4.1%
-2.4%
97%
25%
66%
110%
54%
72%
11%
-45%
18%
-35%
6.0%
125%
25%

Nuvama Wealth Management Ltd · NUVAMA

26%
40%
30%
45%
52%
46%
43%
23%
21%
18%
7.8%
6.8%
13%
02 · compare level, then change

Profit Scale & Acceleration

Motilal Oswal Financial Services Ltd has the highest Net profit among the 4 Finance - Capital Markets - Wealth Management companies compared here, at ₹1,984 crore. 360 ONE WAM Ltd is next at ₹1,262 crore. Anand Rathi Wealth Ltd has the highest Profit growth at 45.2%, so level and change sit with different companies.

What the numbers say: Motilal Oswal Financial Services Ltd leads with ₹1,984 crore of TTM profit, 57.2% above 360 ONE WAM Ltd. Anand Rathi Wealth Ltd shows 45.2% growth from a ₹466 crore profit base. Compare the size of the base and persistence before ranking acceleration above profit scale.

LeaderMotilal Oswal Financial Services Ltd · ₹1,984 crore
Gap57.2% versus #2 · 360 ONE WAM Ltd
Persistence4/8 recent comparable periods
Coverage4/4 companies · 67 observations

Investor read: Motilal Oswal Financial Services Ltd sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.

This conclusion weakens if: The next two comparable reports reverse the current profit growth signal.

Net profit is ranked only where the comparison base is economically meaningful. Loss-to-profit flips are shown but do not win the growth table.
Net profitlargest
1Motilal Oswal Financial Services Ltd MOTILALOFS₹2.0K Cr
2360 ONE WAM Ltd 360ONE₹1.3K Cr
3Nuvama Wealth Management Ltd NUVAMA₹1.0K Cr
4Anand Rathi Wealth Ltd ANANDRATHI₹466 Cr
Profit growthfastest growers
1Anand Rathi Wealth Ltd ANANDRATHI45%
2360 ONE WAM Ltd 360ONE20%
3Nuvama Wealth Management Ltd NUVAMA5.7%
4Motilal Oswal Financial Services Ltd MOTILALOFS-29%
Net profit · company comparison
4/4 level · 4/4 change

Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.

All-company data · latest reported quarter

Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.

CompanyNet profitProfit growthReported
Motilal Oswal Financial Services Ltd MOTILALOFS₹1.3K Cr9.5%Jun 2026
360 ONE WAM Ltd 360ONE₹331 Cr16%Jun 2026
Nuvama Wealth Management Ltd NUVAMA₹269 Cr5.5%Mar 2026
Anand Rathi Wealth Ltd ANANDRATHI₹163 Cr73%Jun 2026
Full 20-quarter history · every available company

Net profit · reported quarter history

360 ONE WAM Ltd · 360ONE

₹172 Cr
₹155 Cr
₹184 Cr
₹186 Cr
₹192 Cr
₹243 Cr
₹244 Cr
₹245 Cr
₹276 Cr
₹250 Cr
₹285 Cr
₹315 Cr
₹327 Cr
₹289 Cr
₹331 Cr

Anand Rathi Wealth Ltd · ANANDRATHI

₹43 Cr
₹43 Cr
₹53 Cr
₹58 Cr
₹58 Cr
₹57 Cr
₹73 Cr
₹76 Cr
₹77 Cr
₹74 Cr
₹94 Cr
₹100 Cr
₹100 Cr
₹103 Cr
₹163 Cr

Motilal Oswal Financial Services Ltd · MOTILALOFS

₹537 Cr
₹238 Cr
₹314 Cr
₹31 Cr
₹509 Cr
₹227 Cr
₹165 Cr
₹528 Cr
₹532 Cr
₹661 Cr
₹725 Cr
₹884 Cr
₹1.1K Cr
₹566 Cr
₹-63 Cr
₹1.2K Cr
₹363 Cr
₹566 Cr
₹-219 Cr
₹1.3K Cr

Nuvama Wealth Management Ltd · NUVAMA

₹654 Cr
₹47 Cr
₹85 Cr
₹87 Cr
₹85 Cr
₹123 Cr
₹145 Cr
₹176 Cr
₹181 Cr
₹221 Cr
₹257 Cr
₹252 Cr
₹255 Cr
₹264 Cr
₹254 Cr
₹254 Cr
₹269 Cr

Profit growth · reported quarter history

360 ONE WAM Ltd · 360ONE

12%
57%
33%
32%
44%
2.9%
17%
29%
18%
16%
16%

Anand Rathi Wealth Ltd · ANANDRATHI

35%
33%
38%
31%
33%
30%
29%
32%
30%
39%
73%

Motilal Oswal Financial Services Ltd · MOTILALOFS

-86%
-5.2%
-4.6%
-47%
1,603%
4.5%
191%
339%
67%
111%
-14%
-109%
32%
-68%
0.0%
9.5%

Nuvama Wealth Management Ltd · NUVAMA

-87%
162%
71%
102%
113%
80%
77%
43%
41%
19%
-1.2%
0.8%
5.5%
03 · compare level, then change

Funding Base & Its Composition

No company in this Finance - Capital Markets - Wealth Management comparison has a funding base figure that passes this section's guard, so the Deposits rank is empty. On Borrowings, Motilal Oswal Financial Services Ltd is highest at ₹21,255 crore, across 4 of 4 companies with a usable reading.

What the numbers say: There is not enough comparable evidence to name a reliable deposits leader.

LeaderNo comparable leader
GapNot enough peers
PersistenceNot enough history
Coverage0/4 companies · 0 observations

Investor read: The current leader sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.

This conclusion weakens if: The next two comparable reports reverse the current borrowings signal.

For banks, debt is operating funding rather than industrial leverage. Deposits and borrowings are therefore shown as funding-base levels; asset quality, funding cost and liquidity determine whether that funding is attractive.
Depositslargest deposit bases
Not enough comparable data
Borrowingslargest borrowings
1Motilal Oswal Financial Services Ltd MOTILALOFS₹21.3K Cr
2360 ONE WAM Ltd 360ONE₹15.9K Cr
3Nuvama Wealth Management Ltd NUVAMA₹11.5K Cr
4Anand Rathi Wealth Ltd ANANDRATHI₹83 Cr
Funding base · company comparison
0/4 level · 4/4 change

Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.

All-company data · latest reported quarter

Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.

CompanyDepositsBorrowingsReported
Motilal Oswal Financial Services Ltd MOTILALOFS₹21.3K CrJun 2026
360 ONE WAM Ltd 360ONE₹15.9K CrJun 2026
Nuvama Wealth Management Ltd NUVAMA₹11.5K CrMar 2026
Anand Rathi Wealth Ltd ANANDRATHI₹83 CrJun 2026
Full 20-quarter history · every available company

No consistent historical series is available for deposits.

Borrowings · reported quarter history

360 ONE WAM Ltd · 360ONE

₹5.8K Cr
₹6.8K Cr
₹9.5K Cr
₹11.2K Cr
₹13.8K Cr
₹15.9K Cr

Anand Rathi Wealth Ltd · ANANDRATHI

₹39 Cr
₹37 Cr
₹52 Cr
₹79 Cr
₹82 Cr
₹83 Cr

Motilal Oswal Financial Services Ltd · MOTILALOFS

₹4.9K Cr
₹4.9K Cr
₹6.2K Cr
₹6.2K Cr
₹7.8K Cr
₹7.8K Cr
₹10.3K Cr
₹10.4K Cr
₹12.0K Cr
₹12.0K Cr
₹13.8K Cr
₹14.0K Cr
₹15.5K Cr
₹15.5K Cr
₹14.7K Cr
₹15.5K Cr
₹15.7K Cr
₹15.7K Cr
₹21.3K Cr

Nuvama Wealth Management Ltd · NUVAMA

₹3.5K Cr
₹3.7K Cr
₹5.4K Cr
₹5.7K Cr
₹6.1K Cr
₹6.1K Cr
₹6.7K Cr
₹7.0K Cr
₹7.9K Cr
₹7.9K Cr
₹7.8K Cr
₹7.9K Cr
₹9.0K Cr
₹9.0K Cr
₹11.5K Cr
04 · compare level, then change

Return On Assets

Motilal Oswal Financial Services Ltd has the highest ROA among the 4 Finance - Capital Markets - Wealth Management companies compared here, at 4.3%. Nuvama Wealth Management Ltd is next at 3%. Nuvama Wealth Management Ltd has the highest ROA change at -0.5 percentage points, so level and change sit with different companies.

What the numbers say: Motilal Oswal Financial Services Ltd leads roa at 4.3%; Nuvama Wealth Management Ltd leads roa change at -0.5 percentage points.

LeaderMotilal Oswal Financial Services Ltd · 4.3%
Gap43.3% versus #2 · Nuvama Wealth Management Ltd
Persistence2/7 recent comparable periods
Coverage2/4 companies · 16 observations

Investor read: Motilal Oswal Financial Services Ltd sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.

This conclusion weakens if: The next two comparable reports reverse the current roa change signal.

ROA is the cleanest first comparison for lenders because the balance sheet is the operating asset.
ROAhighest
1Motilal Oswal Financial Services Ltd MOTILALOFS4.3%
2Nuvama Wealth Management Ltd NUVAMA3.0%
ROA changefastest improvers
1Nuvama Wealth Management Ltd NUVAMA−0.5 pp
2Motilal Oswal Financial Services Ltd MOTILALOFS−3.1 pp
Return on assets · company comparison
2/4 level · 2/4 change

Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.

Withheld from this chart: 360 ONE WAM Ltd (360ONE) — its two data sources disagree by up to 32% on reported income across 15 comparable periods, so its derived ratios are withheld; Anand Rathi Wealth Ltd (ANANDRATHI) — its two data sources disagree by up to 34% on reported income across 14 comparable periods, so its derived ratios are withheld. A figure two sources cannot agree on is not drawn — the gap is a decision, not missing data.

All-company data · latest reported quarter

Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.

CompanyROAROA changeReported
Motilal Oswal Financial Services Ltd MOTILALOFS4.3%−3.1 ppJun 2026
Nuvama Wealth Management Ltd NUVAMA3.0%−0.5 ppMar 2026
Full 20-quarter history · every available company

ROA · reported quarter history

Motilal Oswal Financial Services Ltd · MOTILALOFS

7.7%
5.6%
4.1%
5.0%
7.7%
9.2%
7.4%
5.7%
4.3%

Nuvama Wealth Management Ltd · NUVAMA

2.4%
2.5%
3.1%
3.7%
3.5%
4.2%
3.0%

ROA change · reported quarter history

Motilal Oswal Financial Services Ltd · MOTILALOFS

−3.6 pp
−0.6 pp
+3.6 pp
+4.2 pp
−0.3 pp
−3.5 pp
−3.1 pp

Nuvama Wealth Management Ltd · NUVAMA

+0.7 pp
+1.2 pp
+0.4 pp
+0.5 pp
−0.5 pp
05 · compare level, then change

ROE — Leaders & Improvers

Anand Rathi Wealth Ltd has the highest ROE among the 4 Finance - Capital Markets - Wealth Management companies compared here, at 47.3%. Nuvama Wealth Management Ltd is next at 27.4%. Motilal Oswal Financial Services Ltd has the highest ROE change at -2.9 percentage points, so level and change sit with different companies.

What the numbers say: Anand Rathi Wealth Ltd leads roe at 47.3%; Motilal Oswal Financial Services Ltd leads roe change at -2.9 percentage points.

LeaderAnand Rathi Wealth Ltd · 47.3%
Gap72.6% versus #2 · Nuvama Wealth Management Ltd
PersistenceNot enough history
Coverage4/4 companies · 33 observations

Investor read: Anand Rathi Wealth Ltd sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.

This conclusion weakens if: The next two comparable reports reverse the current roe change signal.

ROE shows the return to shareholders, but should be read with asset quality and leverage.
ROEhighest
1Anand Rathi Wealth Ltd ANANDRATHI47%
2Nuvama Wealth Management Ltd NUVAMA27%
3Motilal Oswal Financial Services Ltd MOTILALOFS16%
4360 ONE WAM Ltd 360ONE14%
ROE changefastest improvers
1Motilal Oswal Financial Services Ltd MOTILALOFS−2.9 pp
2Nuvama Wealth Management Ltd NUVAMA−5.1 pp
Return on equity · company comparison
4/4 level · 2/4 change

Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.

Withheld from this chart: 360 ONE WAM Ltd (360ONE) — its two data sources disagree by up to 32% on reported income across 15 comparable periods, so its derived ratios are withheld; Anand Rathi Wealth Ltd (ANANDRATHI) — its two data sources disagree by up to 34% on reported income across 14 comparable periods, so its derived ratios are withheld. A figure two sources cannot agree on is not drawn — the gap is a decision, not missing data.

All-company data · latest reported quarter

Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.

CompanyROEROE changeReported
Nuvama Wealth Management Ltd NUVAMA27%−5.1 ppMar 2026
Motilal Oswal Financial Services Ltd MOTILALOFS18%−2.9 ppJun 2026
Full 20-quarter history · every available company

ROE · reported quarter history

Motilal Oswal Financial Services Ltd · MOTILALOFS

20%
45%
18%
22%
2.2%
35%
15%
11%
34%
31%
35%
36%
40%
45%
20%
-2.3%
42%
12%
18%

Nuvama Wealth Management Ltd · NUVAMA

9.8%
14%
17%
22%
24%
28%
27%
31%
34%
32%
31%
30%
28%
27%

ROE change · reported quarter history

Motilal Oswal Financial Services Ltd · MOTILALOFS

−17.5 pp
−10.4 pp
−3.2 pp
−11.4 pp
+31.4 pp
−4.0 pp
+20.1 pp
+24.8 pp
+6.7 pp
+14.2 pp
−14.9 pp
−37.9 pp
+1.5 pp
−33.0 pp
−2.9 pp

Nuvama Wealth Management Ltd · NUVAMA

+12.0 pp
+14.6 pp
+10.0 pp
+8.7 pp
+9.7 pp
+3.8 pp
+3.9 pp
−0.3 pp
−6.1 pp
−5.1 pp
06 · not available

Gross NPA — Leaders & Improvers

No company in this Finance - Capital Markets - Wealth Management comparison reports gross NPA on a comparable basis, so there is nothing to rank here — 0 of 4 companies have a usable current reading. The section is shown rather than removed so an unavailable metric is not mistaken for one that was quietly left out.

Lower gross NPA is better. Improvement means the ratio is falling, so ranks are intentionally inverted.

Withheld from this comparison: 360 ONE WAM Ltd (360ONE) — its two data sources disagree by up to 32% on reported income across 15 comparable periods, so its derived ratios are withheld; Anand Rathi Wealth Ltd (ANANDRATHI) — its two data sources disagree by up to 34% on reported income across 14 comparable periods, so its derived ratios are withheld. A figure two sources cannot agree on is not drawn — the gap is a decision, not missing data.

07 · compare level, then change

Valuation Against Growth & Quality

Motilal Oswal Financial Services Ltd has the lowest P/BV ÷ ROE among the 4 Finance - Capital Markets - Wealth Management companies compared here, at 0.26×. 360 ONE WAM Ltd is next at 0.32×. The same company also holds the lowest P/BV, at 4.07×. 4 of 4 companies report a comparable reading, the latest through Jun 2026.

What the numbers say: Motilal Oswal Financial Services Ltd has the lowest comparable P/BV ÷ ROE at 0.26×, 18.8% below 360 ONE WAM Ltd. Only 4 of 4 companies pass the guard, so no broad “cheapest stock” conclusion is defensible unless the current multiple, own-history position and growth durability agree.

LeaderMotilal Oswal Financial Services Ltd · 0.26×
Gap18.8% versus #2 · 360 ONE WAM Ltd
Persistence0/8 recent comparable periods
Coverage4/4 companies · 29 observations

Investor read: Treat valuation as permission to investigate, never as a standalone reason to buy.

This conclusion weakens if: The next two comparable reports reverse the current p/bv signal.

Banks are compared on P/BV and P/BV÷ROE, not PEG. Lower is better only if asset quality and return durability hold; cheap book value with weakening NPAs is not automatically attractive.
P/BV ÷ ROElowest return-adjusted price
1Motilal Oswal Financial Services Ltd MOTILALOFS0.3
2360 ONE WAM Ltd 360ONE0.3
3Nuvama Wealth Management Ltd NUVAMA0.3
4Anand Rathi Wealth Ltd ANANDRATHI0.7
P/BVlowest P/BV
1Motilal Oswal Financial Services Ltd MOTILALOFS4.1
2360 ONE WAM Ltd 360ONE4.6
3Nuvama Wealth Management Ltd NUVAMA8.8
4Anand Rathi Wealth Ltd ANANDRATHI34.0
Valuation · company comparison
4/4 level · 4/4 change

Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.

All-company data · latest reported quarter

Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.

CompanyP/BV ÷ ROEP/BVReported
Nuvama Wealth Management Ltd NUVAMA0.25.7Mar 2026
Motilal Oswal Financial Services Ltd MOTILALOFS0.24.4Jun 2026
360 ONE WAM Ltd 360ONE4.5Jun 2026
Anand Rathi Wealth Ltd ANANDRATHI32.1Jun 2026
Full 20-quarter history · every available company

P/BV ÷ ROE · reported quarter history

Motilal Oswal Financial Services Ltd · MOTILALOFS

0.2
0.1
0.1
0.1
0.8
0.1
0.1
0.2
0.1
0.1
0.1
0.2
0.1
0.1
0.2
0.1
0.3
0.2

Nuvama Wealth Management Ltd · NUVAMA

0.2
0.2
0.2
0.2
0.3
0.2
0.2
0.3
0.2
0.3
0.2

P/BV · reported quarter history

360 ONE WAM Ltd · 360ONE

5.2
5.2
5.0
5.3
5.7
7.8
7.4
10.2
11.1
11.7
9.4
12.4
5.6
5.1
4.2
4.5

Anand Rathi Wealth Ltd · ANANDRATHI

7.3
9.8
7.7
15.0
19.6
27.9
25.2
25.0
29.9
28.7
25.6
35.3
31.1
31.1
32.1

Motilal Oswal Financial Services Ltd · MOTILALOFS

2.9
2.6
2.6
1.9
1.8
1.7
1.6
1.7
2.1
2.5
3.3
5.8
5.1
4.9
3.3
4.6
4.9
4.0
3.1
4.4

Nuvama Wealth Management Ltd · NUVAMA

3.4
5.0
6.6
6.0
8.3
7.7
6.9
10.1
6.3
7.1
5.7
08 · let price answer last

Market action

Nuvama Wealth Management Ltd has the strongest one-year price move in Finance - Capital Markets - Wealth Management at +20.5%. It also leads on Mansfield relative strength against NIFTY at +29.5%. 4 of 4 covered companies are above zero on that measure. Every line covers 313 weekly closes through 2026-07-17.

Every price line is indexed to 100 over the chosen window. Mansfield relative strength compares a price ratio with its own 52-week average; zero separates leadership from lagging.
Price and relative strength

Price is rebased to 100 inside the selected window. Pair ratio rebases each selected company against one chosen denominator.

Before the conclusion · check the blind spots

What can make this comparison misleading?

This Finance - Capital Markets - Wealth Management comparison names 7 specific ways its own evidence can mislead, all listed below. All 4 companies here report on comparable dates, so no rank carries a stale marker. 2 have second-feed figures withheld because the two sources disagree. 3 of the 7 ranked sections have fewer than three usable current readings.

Keep these limits visible

  • A high growth rate can be a low-base artefact. The page keeps level and change separate for that reason.
  • A high ROE can be manufactured with leverage. Read it beside ROA and asset quality.
  • The 4-Factor Sector Score ranks research priority, not portfolio action. Management quality, catalysts and risks need equally fresh evidence before capital is deployed.
  • An “all companies” line chart preserves completeness, but rank changes should be checked against reporting dates before drawing a conclusion.
  • Banks and lenders are not forced through operating-margin or ROCE comparisons; missing lender-specific fields remain visibly missing.
  • 2 companies are missing from the second-feed metrics by decision, not by absence: the two sources disagree, so nothing from the second is drawn. Read those rows as narrower evidence, never as a weaker business.
  • Thin comparisons: Funding base, Return on assets, Asset quality have fewer than three usable current readings.
09 · the complete set

Which companies are included?

All 4 companies in the canonical Finance - Capital Markets - Wealth Management membership are listed below, largest market value first — nothing is silently dropped, even where a company reports too little to rank. The charts above default to a selective view; this register is the complete set, with each company's own latest reporting date beside it.

AHEAD means the company is beating the index by 5% or more over three months. LAGGING, FUNDAMENTALS UP means it is 20% or more behind over a year while its trailing twelve-month earnings grew 20% or more. Both rules are fixed and applied the same way in every sector.

CompanyMarket valuePricePriced toLatest fundamentalsSource standing
Motilal Oswal Financial Services Ltd MOTILALOFSAHEAD₹52.5K Cr₹8722026-07-19Jun 2026Cross-checked
360 ONE WAM Ltd 360ONEAHEAD₹44.9K Cr₹1,1022026-07-19Jun 2026Second feed withheld
Nuvama Wealth Management Ltd NUVAMAAHEAD₹36.1K Cr₹1,9802026-07-19Mar 2026Cross-checked
Anand Rathi Wealth Ltd ANANDRATHIAHEAD24/26 WEEKS₹33.9K Cr₹2,0422026-07-19Jun 2026Second feed withheld
How each company's sources stand: 2 of 4 companies have a second data feed that is known to disagree with the primary source, so nothing from it is drawn: 360 ONE WAM Ltd (360ONE) — its two data sources disagree by up to 32% on reported income across 15 comparable periods, so its derived ratios are withheld; Anand Rathi Wealth Ltd (ANANDRATHI) — its two data sources disagree by up to 34% on reported income across 14 comparable periods, so its derived ratios are withheld.
Evidence and freshness

How was this comparison built?

This comparison is built from the reported filings of 4 Finance - Capital Markets - Wealth Management companies, normalized to a common ₹ scale and a shared quarter axis of up to 20 quarters each. Fundamentals run through Jun 2026 and market data through 2026-07-24.

FundamentalsThrough Jun 2026 · up to 20 quarters per company
Market dataThrough 2026-07-24 · weekly price and relative-strength history
Derived metricsGrowth, changes, CAPEX intensity, net debt, guarded PEG and P/BV÷ROE are calculated only when their inputs are comparable.
Score confidenceMissing and stale evidence reduces confidence and pulls the 0–100 research-priority score toward neutral.
Source standing2 cross-checked · 0 unverified · 2 withheld, of 4 graded companies.

A second feed is read only after its reported income is matched against the primary source on at least three overlapping periods. Where the two agree the figures fill silently. Where there is too little shared history to compare, the figures are still drawn — they are the only evidence there is — and marked ⚠ unverified everywhere they appear. Where the two are known to disagree, nothing from the second feed is drawn and the affected company is named under the chart it is missing from. Every company's standing is listed in the register above.

Questions investors ask · short, speakable answers

Finance - Capital Markets - Wealth Management company comparison FAQs

These 15 answers restate the Finance - Capital Markets - Wealth Management comparison above in question form. Every one is computed from the same 4 companies and the same reported filings as the rankings and charts, current through Jun 2026. Price and relative-strength answers run through 2026-07-24. Nothing here is estimated, and none of it is a recommendation.

What is the Nifty Finance - Capital Markets - Wealth Management index?

The Nifty Finance - Capital Markets - Wealth Management index tracks India's listed Finance - Capital Markets - Wealth Management companies as a single basket. This page follows the same 4 companies and equal-weights them, so every company's weekly return counts once whatever it is worth, and the reading belongs to the Finance - Capital Markets - Wealth Management sector rather than to its largest constituent. Figures are as of Jun 2026.

Which are the best Finance - Capital Markets - Wealth Management stocks in India?

Ranked by this page's four-factor score, Nuvama Wealth Management Ltd places first among 4 listed Finance - Capital Markets - Wealth Management companies, followed by Anand Rathi Wealth Ltd. That is a ranking of published data — earnings, quality, valuation and market behaviour as of Jun 2026 — and not a recommendation; Sector Alpha is not registered with SEBI as an investment adviser.

How many Finance - Capital Markets - Wealth Management stocks are listed in India?

This comparison covers 4 listed Finance - Capital Markets - Wealth Management companies in India, each above the size floor the site applies, with 20 quarters of reported figures per company where the filings exist. The full ranked list is on this page, as of Jun 2026.

Which Finance - Capital Markets - Wealth Management company is the biggest?

Motilal Oswal Financial Services Ltd is the largest, with trailing-twelve-month income of ₹10,063 crore, ahead of Nuvama Wealth Management Ltd at ₹4,631 crore. That covers 4 of 4 companies with comparable reporting through Jun 2026.

Which Finance - Capital Markets - Wealth Management company is growing fastest?

360 ONE WAM Ltd has the fastest income growth at 36.8% year on year, across 4 of 4 comparable companies. Fast growth off a small base is not the same as proven scale — check whether the rate holds across several quarters on the chart above before treating it as a trend.

Which Finance - Capital Markets - Wealth Management company makes the most profit?

Motilal Oswal Financial Services Ltd earns the most, at ₹1,984 crore of trailing-twelve-month net profit, from 4 of 4 comparable companies. Anand Rathi Wealth Ltd has the fastest profit growth at 45.2%, though growth off a small or recovering profit base overstates how much has actually changed.

Which Finance - Capital Markets - Wealth Management company earns the highest return on capital?

Motilal Oswal Financial Services Ltd leads on return on assets at 4.3%, across 2 of 4 companies. Read it beside the length of its reported history: a high return that repeats for years is evidence of a durable business, while a single high reading can be a small capital base or one good year.

Which Finance - Capital Markets - Wealth Management stock is the cheapest?

On price-to-book divided by return on equity — where a LOWER number is cheaper — Motilal Oswal Financial Services Ltd screens cheapest at 0.26×. Only 4 of 4 companies pass the comparability guard, so this is not a sector-wide "cheapest stock" verdict. Cheap on a multiple is a reason to investigate, never a reason to buy on its own.

Which Finance - Capital Markets - Wealth Management stock has the strongest price momentum?

Nuvama Wealth Management Ltd has the strongest relative strength against NIFTY 500. Relative strength answers last, after growth, quality and valuation: price can move well before the fundamentals confirm it, and sometimes without them confirming at all.

Which Finance - Capital Markets - Wealth Management company scores highest for research priority?

Nuvama Wealth Management Ltd scores 55.2 out of 100 with 82.3% evidence confidence, from 11 points on growth and earnings, 21.5 on capital efficiency, 2.7 on valuation and 20 on relative strength. This ranks what deserves work next. It is not a buy recommendation, and management quality, catalysts and risk still need separate research.

How many Finance - Capital Markets - Wealth Management companies does this comparison cover, and over what period?

It compares 4 listed companies over up to 20 reported quarters of fundamentals and 10 fiscal years of capital allocation, ending Jun 2026, plus weekly price and relative-strength history. Membership is the full sector list — nothing is dropped for having thin data.

What is the total market cap of the Finance - Capital Markets - Wealth Management sector?

The 4 Finance - Capital Markets - Wealth Management companies on this page carry ₹1,67,405 crore of combined market value. Motilal Oswal Financial Services Ltd is the largest at ₹52,504 crore, about 31% of the sector's total on its own. Market value moves with price, so this reading is dated 2026-07-29.

How is the Finance - Capital Markets - Wealth Management sector performing?

4 of the 4 covered Finance - Capital Markets - Wealth Management companies are beating NIFTY 500 on Mansfield relative strength. A 52-week sector-versus-index comparison is not available from the current market series for this sector, so it is not quoted. Readings are as of 2026-07-29.

Why are some values on this page blank?

A blank means that company did not report a comparable figure for that period, so nothing is shown. Missing observations are never interpolated, carried forward, or replaced with a similar-looking accounting line, and a company with missing evidence has its research score pulled toward neutral rather than being scored as bad.

Is this investment advice?

No. Every figure here is a deterministic calculation from reported company filings and market data, published for research. It contains no recommendation to buy or sell any security, does not account for your circumstances, and is not a substitute for advice from a licensed adviser.

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