PFA intimation wrt Investor Presentation

Nuvama Wealth Management reported strong FY25 results with consolidated revenue of ₹2,901 Cr, up 41% year-on-year, and operating profit after tax of ₹986 Cr, up 65% YoY. Client assets grew 24% YoY to ₹4.3 trillion. Asset Services was the standout segment with Q4 revenues up 85% YoY, while Wealth Management revenues grew 20% YoY and Capital Markets rose 16% YoY. Profitability improved sharply — PBT margin expanded from 38% to 45%, cost-to-income ratio fell from 62% to 55%, and return on equity jumped from 23.6% to 31.5%. The board declared a dividend of ₹69 per share, maintaining a payout of about 48% of operating profits. Management also outlined 5-year targets to grow Wealth client assets at 15-20% CAGR, Asset Management AUM at 45-50% CAGR, and Asset Services client assets at 15-20% CAGR.