PFA intimation w.r.t Outcome of Board Meeting
NUVAMA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Nuvama Wealth Management's Board approved audited standalone and consolidated financial results for FY ended March 31, 2026. Standalone net profit fell to Rs. 567.23 crore from Rs. 597.71 crore in FY25 (down ~5%), with total income declining to Rs. 1,204 crore from Rs. 1,357 crore, largely due to lower fee income and capital market activity. Consolidated net profit after tax stood at Rs. 1,040.26 crore (up from Rs. 985.06 crore). The Board declared an interim dividend of Rs. 14 per share (face value Rs. 2 each) for FY 2026-27, with record date May 15, 2026, and payment by June 9, 2026. EPS has been restated for the 1:5 stock split effective December 26, 2025. Auditors S.R. Batliboi & Co. LLP issued an unmodified opinion, confirming clean financials. Net profit margin on standalone basis improved to 47.1% from 44.04% year-on-year, reflecting cost efficiencies despite lower revenues.
The dividend declaration signals management's confidence in the company's financial health. Revenue decline is offset by improved profitability and strong consolidated earnings. The stock split makes shares more accessible while the robust net profit margin signals operational efficiency.