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Earnings Call

Nuvama Wealth Management Earnings Call: Key Takeaways

Nuvama reported FY26 revenue of US$ 343 Mn (+8% YoY) and Operating PAT of US$ 115 Mn (+6% YoY), driven by structural growth in its integrated wealth platform.

Highlights
Revenue growth8% YoY for FY26
MarginsCost to income rose slightly to 56%
Demand visibilityExpect wealth assets to triple in five years
Management confidenceHigh; citing secular trends and structural growth

Growth

Wealth Management Q4 revenue grew 19% YoY. FY26 Operating PAT delivered a 5-year CAGR of 39%.

Outlook

Targets 5x growth in Indian alternates market next decade; Wealth management assets expected to triple in 5 years.

Risks

Capital Markets Q4 revenue declined 17% YoY; ROE moderated from 31.5% to 28.1% YoY.

Source

Earnings Call filed with BSE, NSE: NUVAMA. Summary written with AI assistance from the document.

Read the document ↗

Nuvama Wealth Management Ltd: key numbers

Share price
₹1,681.40
Market cap
₹31,024 Cr
Revenue (annual)
₹4,631 Cr
Net profit (annual)
₹1,041 Cr
P/E (TTM)
28.6×Sector 22.0×
Promoter holding
53.98%-0.15% QoQ
FII holding
19.00%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

More from Nuvama Wealth Management Ltd

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12:33 IST NSE
Share Pledge

Nuvama Wealth Management Share Pledge

PAGAC Ecstasy, a Nuvama promoter, disclosed an increase in underlying loan amounts secured by its existing pledge of 9.69 crore shares (52.57%). No new shares were encumbered.

22:25 IST BSE
Employee Stock Options

Nuvama Wealth Management Employee Stock Options

Nuvama Wealth Management has allotted 66,583 equity shares upon the exercise of employee stock options. This issuance follows the company's existing ESOP and ESAR schemes.

16:50 IST BSE
Debt & Borrowing

Nuvama Wealth Management Debt & Borrowing: ₹50 Cr

Nuvama Wealth Management has completed the full redemption of its Commercial Papers valued at ₹50 Crore upon maturity. This repayment clears the outstanding debt.

Value
₹50.00 Cr
16:20 IST BSE
Share Pledge

Nuvama Wealth Management Share Pledge

Promoter PAGAC Ecstasy Pte. Ltd. created an encumbrance on its shares in Nuvama Wealth Management. This disclosure fulfills regulatory requirements regarding promoter share pledges.

15:13 IST BSE
Share Pledge

Nuvama Wealth Management Share Pledge

DB Trustees disclosed increased pledge security over 96.96 million Nuvama shares, now securing USD 450 million. The encumbrance covers 53.12% of the company's equity.

Value
₹4,275 Cr
17:19 IST BSE
Debt & Borrowing

Nuvama Wealth Management Debt & Borrowing: ₹35 Cr

Nuvama Wealth Management Ltd has fully redeemed Commercial Papers worth ₹35 Crore upon maturity on September 10, 2026.

Value
₹35.00 Cr