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
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.
01 · the index people search for
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.
02 · the sector itself · before any single company
How has Finance - Capital Markets - Wealth Management moved against NIFTY 500?
The line below covers up to 5.2 years and opens on the 5Y view; the buttons cut it shorter. Over the most recent two of them this sector is 51% ahead of NIFTY 500. Earnings across its companies grew 10% 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 17w✓Price and the fundamentals both up3 of 4 companies ahead of NIFTY 500 by 5% or more over three months
RS ↑17w · 4/4 >200d (+0) · 3/4 lead (−1) · EPS 3/4↑
Finance - Capital Markets - Wealth Management, equal-weighted, based at 200
NIFTY 500, same base, same start
trailing 12-month earnings per share rising
falling
Finance - Capital Markets - Wealth Management, equal-weighted, based at 200
NIFTY 500, same base, same start
trailing 12-month earnings per share rising
falling
Finance - Capital Markets - Wealth Management, equal-weighted, based at 200
NIFTY 500, same base, same start
trailing 12-month earnings per share rising
falling
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.
03 · sector relative strength, before individual stocks
Is Finance - Capital Markets - Wealth Management outperforming NIFTY 500?
Finance - Capital Markets - Wealth Management has outperformed NIFTY 500 by 0.3% over the last 52 weeks. Over 13 weeks the gap is a lead of 15.6%. 3 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 +22.1%.
+15.6%Sector vs NIFTY 500 · 13 weeks
+0.3%Sector vs NIFTY 500 · 52 weeks
3/4Stocks leading NIFTY 500
1/4Stocks 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
Finance - Capital Markets - Wealth Management has outperformed NIFTY 500 by 0.3% over 52 weeks and 15.6% over 13 weeks. 3 of 4 covered companies beat NIFTY on Mansfield relative strength, while 1 of 4 beat the sector itself. 360 ONE WAM Ltd has the fastest current income growth at 36.8%, across 4 of 4 comparable companies.
Companies
4
complete canonical membership
Combined market value
₹1.6 L Cr
Motilal Oswal Financial Services Ltd
Revenue growing
4/4
positive TTM year-on-year growth
Beating NIFTY 500
3/4
positive Mansfield relative strength
Comparing 4 of 4
04 · 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%
Anand Rathi Wealth Ltd has the strongest current balance of earnings trajectory, business quality, valuation and price confirmation, with 58.6% evidence confidence.
Nuvama Wealth Management Ltd has stronger price confirmation than earnings confirmation; that is a research prompt, not permission to chase.
How this score is built, and what the marks mean
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. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step curve the sector itself is placed on — basing, turning, breaking out, leader, fading, asleep — read from how many weeks running it has led NIFTY 500 and whether that lead is widening or shrinking. It describes where the PRICE stands, not the earnings trajectory and not a recommendation, and it is left blank for a company whose weekly history is too short or too stale to read.
| Company | Score | Price stage | Growth & earnings/35 | Capital efficiency/25 | Valuation/20 | Relative strength/20 |
|---|---|---|---|---|---|---|
| 1Anand Rathi Wealth LtdANANDRATHI | 56.0/100Thin evidence · provisional59% evidence | TURNING | 26.5/35 Income 22.8% · PAT 45.2% 52% evidence | 16.8/25 ROA — · ROE 47.3% · GNPA — 34% evidence | 4.0/20 P/BV 34.51× · P/BV÷ROE 0.73 60% evidence | 8.7/20 RS sector -23.8% · RS bench 25.9% · 1Y -20.1%3 of 12 weeks ahead 100% evidence |
| Exact sum: 26.5 + 16.8 + 4 + 8.7 = 56 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral. | ||||||
| 2Nuvama Wealth Management LtdNUVAMA | 55.4/100Mixed-positive evidence86% evidence | LEADER | 10.5/35 Income 12.8% · PAT 5.3% 86% evidence | 21.5/25 ROA 3% · ROE 27.4% · GNPA — 72% evidence | 3.4/20 P/BV 7.98× · P/BV÷ROE 0.29 90% evidence | 20.0/20 RS sector 22.1% · RS bench 23.3% · 1Y 22.8%12 of 12 weeks ahead 100% evidence |
| Exact sum: 10.5 + 21.5 + 3.4 + 20 = 55.4 · Decision use: Price leads the evidence: RS versus the benchmark is 23.3%, but earnings trajectory is weak. Wait for revenue and profit confirmation. | ||||||
| 3360 ONE WAM Ltd360ONE | 52.3/100Thin evidence · provisional59% evidence | TURNING | 24.2/35 Income 36.8% · PAT 19.5% 52% evidence | 14.8/25 ROA — · ROE 14.4% · GNPA — 34% evidence | 5.7/20 P/BV 4.69× · P/BV÷ROE 0.33 90% evidence | 7.6/20 RS sector -3.9% · RS bench 2.2% · 1Y 5.3%1 of 10 weeks ahead 70% evidence |
| Exact sum: 24.2 + 14.8 + 5.7 + 7.6 = 52.3 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral. | ||||||
| 4Motilal Oswal Financial Services LtdMOTILALOFS | 36.5/100Mixed-negative evidence86% evidence | FADING | 9.2/35 Income 14.9% · PAT -28.8% 86% evidence | 19.6/25 ROA 4.3% · ROE 15.5% · GNPA — 72% evidence | 5.4/20 P/BV 3.98× · P/BV÷ROE 0.26 90% evidence | 2.3/20 RS sector -3.7% · RS bench -2.8% · 1Y -5.4%11 of 12 weeks ahead 100% evidence |
| Exact sum: 9.2 + 19.6 + 5.4 + 2.3 = 36.5 · Decision use: Strong business, demanding price: keep it on the quality list, but require either earnings upgrades or valuation compression. | ||||||
05 · what price has already done
Market action
Nuvama Wealth Management Ltd has the strongest one-year price move in Finance - Capital Markets - Wealth Management at +22.8%. Anand Rathi Wealth Ltd leads on Mansfield relative strength against NIFTY at +25.9%. 3 of 4 covered companies are above zero on that measure. Every line covers 313 weekly closes through 2026-07-31.
Price and relative strength
Every company, the sector's own index and NIFTY 500 all start level on the left edge of the window, so only the distance between the lines counts — the highest line has risen the most since then, and the chart at the top of this page is drawn the same way. It opens on one year; the buttons beside it stretch that to three or five.
How far ahead of or behind NIFTY 500 each company has been running, measured against its own recent average of that comparison, so the flat line at zero IS NIFTY 500: above it the company is beating the market, below it the market is beating the company. It opens on one year.
The same measure taken against Finance - Capital Markets - Wealth Management itself instead of the whole market, so the flat line at zero is the sector: above it the company is beating its own peers, which is the sharper test of the two. It opens on one year.
06 · 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 ₹4,884 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, 106% 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
Gap106% versus #2 · Nuvama Wealth Management Ltd
Persistence6/8 recent comparable periods
Coverage4/4 companies · 68 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
Income growthfastest growers
Income · company comparison
4/4 level · 4/4 change
On every company-comparison chart on this page: solid lines show level, dotted lines show change when “Both” is selected, and a missing report breaks the line rather than being invented.
All-company data · latest reported quarter
In every all-company table on this page, each figure is the company’s latest single reported quarter. The rankings above them use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.
| Company | Income | Income growth | Reported |
|---|---|---|---|
| Motilal Oswal Financial Services Ltd MOTILALOFS | ₹3.4K Cr | 25% | Jun 2026 |
| Nuvama Wealth Management Ltd NUVAMA | ₹1.4K Cr | 23% | Jun 2026 |
| 360 ONE WAM Ltd 360ONE | ₹1.2K Cr | 35% | Jun 2026 |
| Anand Rathi Wealth Ltd ANANDRATHI | ₹322 Cr | 18% | Jun 2026 |
Full 20-quarter history · every available company
Income · reported quarter history
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
₹1.4K 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%
23%
07 · 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 · 68 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
Profit growthfastest growers
Net profit · company comparison
4/4 level · 4/4 change
All-company data · latest reported quarter
| Company | Net profit | Profit growth | Reported |
|---|---|---|---|
| Motilal Oswal Financial Services Ltd MOTILALOFS | ₹1.3K Cr | 9.5% | Jun 2026 |
| 360 ONE WAM Ltd 360ONE | ₹331 Cr | 16% | Jun 2026 |
| Nuvama Wealth Management Ltd NUVAMA | ₹306 Cr | 16% | Jun 2026 |
| Anand Rathi Wealth Ltd ANANDRATHI | ₹163 Cr | 73% | 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
₹306 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%
16%
08 · compare level, then change
Funding Base & Its Composition
No company in this Finance - Capital Markets - Wealth Management comparison reports a funding base figure this section can compare, 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
Funding base · company comparison
0/4 level · 4/4 change
All-company data · latest reported quarter
| Company | Deposits | Borrowings | Reported |
|---|---|---|---|
| Motilal Oswal Financial Services Ltd MOTILALOFS | — | ₹21.3K Cr | Jun 2026 |
| 360 ONE WAM Ltd 360ONE | — | ₹15.9K Cr | Jun 2026 |
| Anand Rathi Wealth Ltd ANANDRATHI | — | ₹83 Cr | Jun 2026 |
| Nuvama Wealth Management Ltd NUVAMA | — | ₹11.5K Cr | Jun 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
—
09 · 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
ROA changefastest improvers
Return on assets · company comparison
2/4 level · 2/4 change
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
| Company | ROA | ROA change | Reported |
|---|---|---|---|
| Motilal Oswal Financial Services Ltd MOTILALOFS | 4.3% | −3.1 pp | Jun 2026 |
| Nuvama Wealth Management Ltd NUVAMA | 3.0% | −0.5 pp | Jun 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
—
10 · 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
ROE changefastest improvers
Return on equity · company comparison
4/4 level · 2/4 change
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
| Company | ROE | ROE change | Reported |
|---|---|---|---|
| Nuvama Wealth Management Ltd NUVAMA | 27% | −5.1 pp | Jun 2026 |
| Motilal Oswal Financial Services Ltd MOTILALOFS | 18% | −2.9 pp | Jun 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
—
11 · 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.
12 · 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×. Nuvama Wealth Management Ltd is next at 0.29×. The same company also holds the lowest P/BV, at 3.98×. 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×, 10.3% below Nuvama Wealth Management Ltd. Only 4 of 4 companies have earnings and growth steady enough for the ratio to mean anything, 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×
Gap10.3% versus #2 · Nuvama Wealth Management 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
P/BVlowest P/BV
Valuation · company comparison
4/4 level · 4/4 change
All-company data · latest reported quarter
| Company | P/BV ÷ ROE | P/BV | Reported |
|---|---|---|---|
| Nuvama Wealth Management Ltd NUVAMA | 0.2 | 7.7 | Jun 2026 |
| Motilal Oswal Financial Services Ltd MOTILALOFS | 0.2 | 4.4 | Jun 2026 |
| 360 ONE WAM Ltd 360ONE | — | 4.5 | Jun 2026 |
| Anand Rathi Wealth Ltd ANANDRATHI | — | 32.1 | Jun 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
7.7
13 · 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.
14 · 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 2026-07-31.
FundamentalsThrough Jun 2026 · up to 20 quarters per company
Market dataThrough 2026-07-31 · weekly price and relative-strength history
Derived metricsGrowth, changes 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.
How a second data feed is admitted, and what happens when it disagrees
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.
15 · questions investors ask, short speakable answers
Finance - Capital Markets - Wealth Management company comparison FAQs
These 22 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 2026-07-31. Nothing here is estimated, and none of it is a recommendation.
Is the Finance - Capital Markets - Wealth Management sector outperforming NIFTY 500?
Finance - Capital Markets - Wealth Management has outperformed NIFTY 500 by 0.3% over 52 weeks and 15.6% over 13 weeks. 3 of 4 covered companies beat NIFTY on Mansfield relative strength, while 1 of 4 beat the sector itself.
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?
Anand Rathi Wealth Ltd ranks first at 56/100 with 58.6% 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 whose earnings and growth are steady enough for the ratio to mean anything.
How much history does this Finance - Capital Markets - Wealth Management comparison include?
The page compares up to 20 reported quarters per company for fundamentals, returns 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.
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, Anand Rathi Wealth Ltd places first among 4 listed Finance - Capital Markets - Wealth Management companies, followed by Nuvama Wealth Management 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 ₹4,884 crore. That covers 4 of 4 companies with comparable reporting through Jun 2026.
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 have earnings and growth steady enough for the ratio to mean anything, 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.
Is the Finance - Capital Markets - Wealth Management sector beating the market?
Finance - Capital Markets - Wealth Management has outperformed NIFTY 500 by 0.3% over the last 52 weeks and 15.6% over 13 weeks, measured on an equal-weight index of its current members. Inside the sector, 3 of 4 covered companies are beating the market on their own. Sector strength does not transfer evenly to every stock in it.
Which Finance - Capital Markets - Wealth Management stock has the strongest price momentum?
Anand Rathi Wealth 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?
Anand Rathi Wealth Ltd scores 56 out of 100 with 58.6% evidence confidence, from 26.5 points on growth and earnings, 16.8 on capital efficiency, 4 on valuation and 8.7 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, 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 ₹1,64,863 crore of combined market value. Motilal Oswal Financial Services Ltd is the largest at ₹51,300 crore, about 31% of the sector's total on its own. Market value moves with price, so this reading is dated 2026-08-05.
How is the Finance - Capital Markets - Wealth Management sector performing?
3 of the 4 covered Finance - Capital Markets - Wealth Management companies are beating NIFTY 500 on Mansfield relative strength. The sector itself is 0.3% ahead of NIFTY 500 over 52 weeks on an equal-weight index of its current members. Readings are as of 2026-08-05.
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.