NSEInvestor Presentation3d ago · 6 Nov 2026, 02:31 pm
Investor Presentation
Nuvama Wealth Management Limited · NUVAMA
✦ AI Summary▲ PositiveResults
Nuvama Wealth Management Limited has announced its financial results for the quarter and half year ended September 30, 2026, with a 26% YoY growth in Q2 operating profit to ₹319 Cr and a 21% YoY growth in H1 operating profit to ₹625 Cr. The company's client assets reached ₹5.5 trillion, up 25% YoY, and MPIS and ARR client assets across Nuvama Wealth and Private increased 27% YoY to nearly ₹1.1 trillion.
Analysis Scores
Earnings Impact8/10
Growth Catalyst9/10
Governance Concern1/10
Regulatory Risk2/10
Balance Sheet Risk5/10
Liquidity Impact9/10
Market Sentiment8/10
✦ Ask a Question
Ask anything about this announcement — AI will answer based on the filing content.
Full Announcement
Nuvama Wealth Management Limited has informed the Exchange about Investor Presentation
Attachments (1)
📄pdf
Download →
NWML_06112026143102_SE_InvestorPPT.pdf
View document text
NWML/SEC/2027/65
November 6, 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
Sub: Earnings Release & Investor Presentation on the unaudited Consolidated
Financial Results for the quarter and half year ended September 30, 2026
Dear Sir / Madam,
Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing
Obligations and Disclosure Requirements) Regulations, 2015, we are enclosing
herewith the Earnings Release as Annexure 1 and Investor Presentation as Annexure 2
on the unaudited Consolidated Financial Results of the Company for the quarter and
half year ended September 30, 2026.
The same has also been made available on the website of the Company, i.e.,
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
Annexure 1
Earnings Release For Immediate Publication
Nuvama delivers another quarter of diversified growth; Q2 PAT up 26% YoY to ₹319 Cr
o H1 PAT reaches ₹625 Cr
o Client Assets reach ₹5.5 trillion
Mumbai, 6th November 2026: Nuvama Wealth Management Limited (NSE, BSE: NUVAMA), one
of India’s leading wealth management companies, announced its financial results for the
quarter and half year ending 30th September 2026.
Nuvama Group continued to deliver strong and diversified growth in Q2 and H1 FY27,
underpinned by the strength of its integrated wealth management platform. Operating profit
grew 26% YoY to ₹319 Cr in Q2 FY27 while H1 FY27 rose 21% YoY to ₹625 Cr.
Wealth Management continued its track record of consistent compounding, with profits
growing 22% YoY in Q2 and net flows reaching record levels. Asset Services maintained strong
momentum, while Capital Markets delivered a healthy performance supported by a diversified
revenue mix. Reflecting continued client confidence, client assets reached ₹5.5 trillion, up 25%
YoY, while MPIS and ARR client assets across Nuvama Wealth and Private increased 27% YoY
to nearly ₹1.1 trillion.
Nuvama Group’s Consolidated Performance
Q2 Q2 H1 H1
Particulars - ₹ Cr YoY % YoY %
FY27 FY26 FY27 FY26
Revenues 937 772 21% 1,846 1,542 20%
Costs 507 437 16% 1,008 858 17%
Operating Profit After Tax 319 254 26% 625 518 21%
Business Segment Wise Profit Before Tax
Q2 Q2 H1 H1
Particulars - ₹ Cr YoY % YoY %
FY27 FY26 FY27 FY26
Wealth Management 184 151 22% 332 274 21%
Asset Services and Capital Markets 259 193 34% 527 419 26%
Note: Operating PAT excludes one-time charge of ₹16 Cr related to the pre-closure of Venture Debt Fund in Asset
Management business. Reported Q2 FY27 PAT stood at ₹304 Cr, up 19% YoY.
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 400051 • Tel No. +91 22 6620 3030
Page 1 of 3
Commenting on the performance Ashish Kehair, MD & CEO of Nuvama Group said,
“We delivered another quarter of strong performance, with Q2 operating profits growing
26% YoY and RoE remaining strong at ~29%. Wealth Management continued its track record
of consistent compounding with record net flows, Asset Services sustained strong momentum,
and Capital Markets delivered a healthy performance despite a softer market environment.
While we are pleased with our progress, we remain in the early innings of a much larger
opportunity. The structural shifts underway are expanding both the size and depth of the
addressable market across each of our businesses.
We believe Nuvama is uniquely positioned to benefit from these trends. Over the years, we
have built scaled and profitable franchises across our business segments. While each segment
is independently strong, the real advantage lies in how they work together. The synergies
create a powerful ecosystem that is difficult to replicate. We believe the full value of this
integrated platform is only beginning to emerge.
At the heart of this franchise are our people. Our ability to attract, develop and retain high-
quality talent remains one of our most important competitive advantages. As we look ahead,
we remain focused on building an institution that delivers enduring value for clients, employees
and shareholders alike."
Key Highlights
1. Wealth Management
a) Revenues: ₹501 Cr in Q2, grew by 14% YoY and ₹948 Cr in H1 FY27, grew by 16% YoY
b) PBT: ₹184 Cr in Q2, grew by 22% YoY and ₹332 Cr in H1 FY27, grew by 21% YoY
c) Client Assets: Stood at ₹3,71,129 Cr as at end of Q2, grew by 16% YoY
d) Nuvama Wealth:
o Revenues: ₹275 Cr in Q2, grew by 14% YoY, and ₹525 Cr in H1 FY27, grew by
13% YoY, driven by sustained momentum in MPIS and growth in NII
o PBT: ₹102 Cr in Q2, grew by 21% YoY and ₹191 Cr in H1 FY27, grew by 20% YoY,
supported by operating leverage, with cost-to-income ratio improving by 200 bps
YoY to 63% in Q2
o Net flows: Delivered highest-ever quarterly MPIS NNM of ₹3,289 Cr. H1 NNM stood at
₹6,333 Cr, equivalent to 16% of opening MPIS assets
e) Nuvama Private:
o Revenues: ₹226 Cr in Q2, grew by 15% YoY and ₹424 Cr in H1 FY27, grew by 20% YoY
driven by strong growth in ARR revenues. ARR revenues grew 60% YoY in Q2
o PBT: ₹82 Cr in Q2, grew by 24% YoY and ₹141 Cr in H1 FY27, grew by 23% YoY
o Net flows: Delivered highest-ever quarterly ARR NNM of ₹4,986 Cr. H1 NNM stood at
₹ 6,068 Cr, equivalent to 11% of opening ARR assets
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 400051 • Tel No. +91 22 6620 3030
Page 2 of 3
2. Asset Management
a) Management fee: ₹17 Cr in Q2, lower by 2% YoY and ₹39 Cr in H1 FY27, up 11% YoY
b) Closing AUM: Stood at ₹12,000 Cr, grew by 1% YoY
c) Received SEBI’s approval to launch Specialized Investment Fund platform, Numa SIF,
and offer SIF products under the platform
3. Asset Services and Capital Markets
a) Revenues:
o Asset Services: ₹245 Cr in Q2, higher by 53% YoY and ₹504 Cr in H1 FY27, higher by
43% YoY
o Capital Markets: ₹175 Cr in Q2, higher by 9% YoY and ₹357 Cr in H1 FY27, higher by
5% YoY
b) PBT: ₹259 Cr in Q2, grew by 34% YoY and ₹527 Cr in H1 FY27, grew by 26% YoY
c) Client Assets (Asset Services): ₹1,63,835 Cr as at end of Q2, grew by 55% YoY
About Nuvama Group
Nuvama has built a strong foundation of trust and reputation in the Indian market over 30 years.
As one of India’s leading integrated wealth management firm in India, Nuvama oversees
₹5,46,964 Cr of client assets and caters to a diverse set of clients which includes 13+ lac affluent
and HNIs and 4,900+ of India’s most prosperous families, as of Q2 FY27. Nuvama offers wealth
management solutions, covering investment advisory, estate planning, investment
management, lending and broking services for individuals, institutions, CXOs, professional
investors, and family offices. It also offers a wide bouquet of alternative asset management
products and is a leading player in asset services and capital markets.
For more details, please visit: https://www.nuvama.com
For further information contact
Company Investor Relations Advisors:
Media Relations
Strategic Growth Advisors Private Limited
Name: Mr. Zohar Reuben
Name: Mr. Rahul Agarwal / Mr. Abhishek Shah
Contact: +91 74001 80816
Contact: +91 98214 38864 / +91 99306 51660
Email: zohar.reuben@nuvama.com
Email:
rahul.agarwal@sgapl.net
Investor Relations
abhish
[Showing first 8,000 characters — download PDF for full document]