ALFA Finder| Revenue growth | Total revenue grew 7% YoY; 17% growth excluding I&IB volatility. |
|---|---|
| Margins | Wealth cost-to-income improved 135bps via operating leverage and AI usage. |
| Demand visibility | Strong structural tailwinds in organized wealth management and offshore diversification. |
| Management confidence | Balanced and strategic, emphasizing technology-led productivity gains over pure head-count growth. |
Growth
Wealth and private segments grew 23-24%, while asset management fees rose 31%. Recurring revenue (ARR) now forms 60% of Private Wealth.
Outlook
Launching private credit and mutual fund platforms (SIF) by H2 FY27. Expecting 100bps annual cost-to-income reduction through AI-driven productivity.
Risks
Rising competition for relationship managers and aggressive poaching by new entrants could inflate seniorization costs and talent attrition.
Earnings Call filed with BSE, NSE: NUVAMA. Summary written with AI assistance from the document.
Nuvama Wealth Management Ltd: key numbers
- Share price
- ₹1,949.90
- Market cap
- ₹35,985 Cr
- Revenue (annual)
- ₹4,631 Cr
- Net profit (annual)
- ₹1,041 Cr
- P/E (TTM)
- 31.8×Sector 20.8×
- Promoter holding
- 53.40%-0.58% QoQ
- FII holding
- 19.97%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Nuvama Wealth Management Ltd
All →Nuvama Wealth Management Earnings Call Transcript: Key Takeaways
Q2 revenue ₹937 Cr (+21% YoY) and operating PAT ₹319 Cr (+26%) on record net flows; ₹16 Cr one-time charge, dividend skipped as leverage reaches 2.9x.
Nuvama Wealth Management Q2 FY27 Results: Net Profit ₹303.5 Cr, Up 19.5% YoY
Nuvama Wealth Management Ltd reported revenue from operations of ₹1,366 Cr (+20.4% YoY) and net profit of ₹303.5 Cr (+19.5% YoY) for Q2 FY27.
- Key figure
- Net profit ₹303.5 Cr · +19.5% YoY
Nuvama Wealth Management Share Pledge
Catalyst Trusteeship discloses a new pledge of 3.51 crore Nuvama shares by PAG Ecstasy. Total encumbered shares rise to 9.70 crore, securing a USD 450 million facility.
- Value
- ₹4,230 Cr
Nuvama Wealth Management Share Pledge
Promoter PAGAC Ecstasy pledged 3,50,74,460 additional NWML shares for overseas borrowings. Total encumbered shares now stand at 9,69,60,340 (52.54%).
Nuvama Wealth Management Employee Stock Options
Nuvama Wealth Management allotted 33,912 equity shares upon ESOP/ESAR exercise. Post-allotment, paid-up capital increased to 18,45,49,601 shares of ₹2 face value.
Nuvama Wealth Management Board Meeting Date
Nuvama Wealth will hold a board meeting on 6 November 2026 to consider Q2 and H1 results. An earnings call follows on 9 November.