NUVAMANSENuvama Wealth Management LimitedMediumNeutral
Announced Mon, 11 May · 21:28 IST

Nuvama Wealth Management Limited has informed the Exchange about General Updates

Mgmt Guided Margin ImprovementInvestor Communications View source PDF

NUVAMA · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
-5.0%1-day move
₹1605.00
prior close
₹1575.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.7-1.3-0.8-0.1-5.0-7.9-9.3-10.1-8.9-7.4-4.1-1.1+19.8
Up moveDown movePending
AI summary

Nuvama Wealth Management reported resilient FY26 performance with consolidated operating PAT of ₹1,049 Cr (up 6% YoY) and Q4 PAT of ₹269 Cr (up 5% YoY). Total revenues grew 8% YoY to ₹3,122 Cr for FY26. Wealth Management was the standout, growing 20% YoY in revenues to ₹1,718 Cr with PBT up 23% YoY, driven by strong MPIS flows and improved productivity that expanded margins by ~130 bps. Asset Management management fees grew 31% YoY to ₹77 Cr with AUM at ₹12,807 Cr. Asset Services revenues grew 12% YoY to ₹734 Cr. Capital Markets revenues declined 19% YoY to ₹613 Cr but fixed income grew 34% YoY. Client assets across the group stood at ₹4,52,548 Cr. The company declared a dividend of ₹14 per share, implying a ~49% payout of operating profits. Return on Equity stood at 28.1% vs 31.5% in FY25.

Likely market impact

Nuvama delivered solid growth despite a challenging macro environment, with wealth management showing structural strength. The 130 bps margin expansion in the core wealth business and strong MPIS net flows of ₹8,920 Cr signal healthy underlying momentum, though the declining Capital Markets revenue and slightly lower RoE are watch items. The dividend payout is consistent and shareholder-friendly.