BSEOthers2d ago · 3 Sept 2026, 06:39 pm
PFA exchange intimation w.r.t Annual Report for FY 2026
Nuvama Wealth Management Ltd · 543988
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Nuvama Wealth Management Ltd has announced its Annual Report for FY 2026, along with the Notice of the 33rd Annual General Meeting, to be held on September 28, 2026. The report highlights the company's resilient performance, consistent progress, and key highlights, including a 5% YoY increase in client assets and a 8% YoY increase in revenue.
Analysis Scores
Earnings Impact5/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk2/10
Liquidity Impact8/10
Market Sentiment5/10
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Full Announcement
Nuvama Wealth Management Ltd - 543988 - Reg. 34 (1) Annual Report.
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NWML/SEC/2027/48
September 3, 2026
The Manager, The Manager,
Listing Department, Listing Department,
BSE Limited, National Stock Exchange of India Ltd.,
Phiroze Jeejeebhoy Tower, Exchange Plaza, 5th Floor, Plot C/1, G Block,
Dalal Street, Bandra - Kurla Complex, Bandra (E),
Mumbai - 400 001. Mumbai - 400 051.
BSE Scrip Code: 543988 NSE Symbol: NUVAMA
Subject: - Annual Report for FY 2026 and Notice of the 33rd Annual General Meeting
of the Company
Dear Sir(s)/Madam(s),
We wish to inform you that the 33rd Annual General Meeting (‘AGM’) of the Members
of the Company is scheduled to be held on Monday, September 28, 2026, at 3:30 p.m.
(IST) through Video Conferencing /Other Audio-Visual Means, without the physical
presence of the Members at a common venue to transact the business as set out in the
Notice of the AGM (‘AGM Notice’) in compliance with the provisions of the Companies
Act, 2013 and SEBI (Listing Obligations and Disclosure Requirements), Regulations
2015 (‘Listing Regulations’) read with General Circular No. 14/2020 dated April 8, 2020,
17/2020 dated April 13, 2020, 20/2020 dated May 5, 2020 and subsequent circulars
issued in this regard, the latest being 03/2025 dated September 22, 2025, issued by the
Ministry of Corporate Affairs and all the other applicable circulars issued by SEBI in
this regard (collectively referred as ‘MCA and SEBI Circulars’). The venue of the AGM
shall be deemed to be the Registered Office of the Company i.e. 801- 804, Wing A,
Building No. 3, Inspire BKC, G Block, Bandra Kurla Complex, Bandra East, Mumbai –
400 051.
Pursuant to Regulation 34 read with Regulation 30 of the Listing Regulations, please
find enclosed herewith the following:
a. Annual Report (including Business Responsibility and Sustainability Report) for
the FY 2026; and
b. 33rd AGM Notice.
In accordance with Regulation 36(1) of the Listing Regulations and the aforesaid MCA
Circulars, the Annual Report along with the AGM Notice is being sent only through
electronic mode to those Members whose e-mail addresses are registered with the
Company/ Depositories/Registrar to an Issue and Share Transfer Agent. The Annual
Nuvama Wealth Management Limited
Corporate Identity Number: L67110MH1993PLC344634
Registered Office: 801- 804, Wing A, Building No. 3, Inspire BKC, G Block, Bandra Kurla Complex, Bandra East,
Mumbai – 400 051 • Tel No. +91 22 6620 3030 • secretarial@nuvama.com • nuvama.com
Report along with AGM Notice is being dispatched to the Members today i.e.
September 3, 2026.
The Annual Report along with the AGM Notice is available on the website of the
Company at www.nuvama.com.
Kindly take the same on record.
Thanking you,
Yours faithfully,
For Nuvama Wealth Management Limited
Sneha Patwardhan
Company Secretary and Compliance Officer
Encl: as above
Nuvama Wealth Management Limited
Corporate Identity Number: L67110MH1993PLC344634
Registered Office: 801- 804, Wing A, Building No. 3, Inspire BKC, G Block, Bandra Kurla Complex, Bandra East,
Mumbai – 400 051 • Tel No. +91 22 6620 3030 • secretarial@nuvama.com • nuvama.com
Annual Report 2025-26
D O N E I S N O T T H E
DESTINATION
D O N E I S N O T T H E
DESTINATION
Success has a way of creating a false sense of completion.
A target is achieved. A milestone is crossed. A business
is scaled. It is tempting to pause and believe the journey
has reached its destination.
But the most meaningful journeys rarely work that way.
At Nuvama, every achievement has taught us the
same lesson: Progress does not end at a milestone.
It begins there.
Over the years, we have strengthened our platform, expanded our
capabilities, deepened client relationships, and built a diversified and
integrated wealth management franchise. Each step has made us stronger.
Yet, each step has also revealed a larger opportunity ahead.
Nowhere is this truer than in India. As wealth creation accelerates,
financialisation deepens, and millions of investors enter the formal
financial ecosystem, the opportunity before the industry is significantly
larger than what has been realised so far. The horizon continues to expand.
This is why we do not view progress as a destination. We view it as a
responsibility.
A responsibility to serve clients better. To build stronger capabilities.
To innovate faster. To create greater value for all our stakeholders.
The work that brought us here matters. But it is the work ahead that
excites us even more.
Because every milestone reached becomes a new starting line.
For us, done is not the destination. It is where the next chapter begins.
STATUTORY REPORTS
84 Management Discussion and Analysis
116 Directors’ Report & Annexures
144 Corporate Governance Report To get this report online and for
any other information, kindly visit:
176 Business Responsibility &
CORPORATE OVERVIEW nuvama.com
Sustainability Report
04 Key Highlights 58 ESG
06 Nuvama at a Glance - Environmental
12 Milestones - Social 226
14 Geographical Presence - Governance
16 Message from the Chairperson 74 Brand in Spotlight
FINANCIAL STATEMENTS
20 Message from the MD & CEO - Campaigns
226 Consolidated Financial
24 Key Performance Indicators - Events
Statements
26 Business Segments - Media
335 Standalone Financial
- Wealth Management - Awards and Recognition
Statements
- Asset Management 82 Corporate Information
- Asset Services
- Capital Markets
38 Technology 421
48 Client Experience
54 People
AGM NOTICE
C O N T E N T S
Corporate Overview Statutory Reports Financial Statements
04 84 226
KEY HIGHLIGHTS
Resilient Performance.
Consistent Progress.
` 4,52,548 ` 3,122
Cr Cr
Client Assets Revenue
5% YoY 8% YoY
23% CAGR over 5 years 26% CAGR over 5 years
` 1,049 56%
Operating PAT Cost to Income
6% YoY 1% YoY
39% CAGR over 5 years 17% absolute improvement
over 5 years
28.1% ~49%
Return on Equity Dividend Payout
3% YoY
12% absolute increase
over 5 years
04 Nuvama Wealth Management Limited Annual Report 2025-26 05
Corporate Overview Statutory Reports Financial Statements
04 84 226
NUVAMA AT A GLANCE
Built For What’s Next - India’s
Leading Wealth Management
Platform
At a Glance
We are a leading integrated wealth management company in India, serving
ultra-high-net-worth families, high-net-worth and affluent individuals, family
offices, corporates, and institutions. The diversified scaled platform spans
Wealth Management, Asset Management, Asset Services and Capital Markets, 30+ ` 4.5+
providing comprehensive solutions to meet the evolving needs of our clients. years Lakh Crore
Legacy Client Assets
100+ 3,400+
Offices Employees
Affluent and HNIs
UHNIs and Family Offices
Corporates and Institutions
Trusted by Diverse Client Segments
06 Nuvama Wealth Management Limited Annual Report 2025-26 07
Corporate Overview Statutory Reports Financial Statements
04 84 226
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and Integrated
One Nuvama - Every Capability.
Wealth Management Every Client Need.
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