NUVAMA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Nuvama Wealth Management's Board declared an interim dividend of Rs. 14 per equity share (face value Rs. 2 each) for FY 2026-27. The record date is May 15, 2026, and payment will be made on or before June 9, 2026. For FY 2025-26, the standalone net profit stood at Rs. 567.23 crore (down from Rs. 597.71 crore in FY 2024-25), with EPS of Rs. 31.38. The company also reported consolidated net profit of Rs. 1,040.26 crore. Earlier in December 2025, the company split each equity share of Rs. 10 face value into 5 shares of Rs. 2 each.
The declaration of Rs. 14 per share dividend signals strong cash generation and shareholder-friendly approach. The stock split (5:1) in December 2025 means this Rs. 14 dividend on the split shares represents significant value return. Given the company's net profit margin of 47% and net worth of Rs. 2,087 crore, the dividend demonstrates financial health despite a YoY decline in standalone profits.