Nuvama Wealth Management Limited has submitted to the Exchange, the financial results for the period ended September 30, 2025.
NUVAMA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Nuvama Wealth Management reported standalone H1 FY26 revenue from operations of Rs. 610.17 crores (down from Rs. 751.48 crores a year ago) and standalone PAT of Rs. 267.83 crores (vs Rs. 363.38 crores), with consolidated H1 PAT at Rs. 517.85 crores. The decline reflects absence of subsidiary dividend income in Q2 (Rs. 210.14 crores received in Q1), and consolidated net profit margin slipped to 22.89% from 23.63%. The Board declared an interim dividend of Rs. 70 per share (record date Nov 11, 2025) and approved a 1:5 stock split (Rs. 10 FV to Rs. 2 FV) subject to shareholder approval. It also approved Rs. 200 crore investment in wholly-owned subsidiary Nuvama Wealth Finance's Rights Issue. The auditor flagged an Emphasis of Matter regarding pending Supreme Court appeals related to NCSL subsidiary over a ~Rs. 460 crore collateral matter.
Shareholders benefit from a Rs. 70 interim dividend plus improved liquidity from the 1:5 stock split, but weaker top-line, margin compression, and a rising consolidated debt-equity ratio (2.37x) may temper sentiment. The emphasis-of-matter on the NCSL legal case is a watchpoint.