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Nuvama Wealth Management share price & results

Nuvama Wealth Management Limited· Financial Services

Results to
Jun 2026
Latest analysed call
Q1 FY27
Ownership as of
Sept 2026

Integrated wealth manager for UHNI/HNI clients, with asset management, custody and capital markets arms.

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Reported

The figures, each with its period

Each figure keeps its basis and period; nothing is filled in.

MetricValueChangeBasisPeriodNote
Revenue424 ₹ crore+0.5% YoYQuarterly, as filedQuarter to Jun 2026Revenue from operations as filed.
Operating margin66.0 %0.0 pts YoYOperating profit / revenueQuarter to Jun 2026For the quarter; a change is in percentage points.
Net profit255 ₹ crore+15.4% YoYQuarterly, as filedQuarter to Jun 2026Profit after tax as filed.
Return on equity28.46 %−3.5 ptsFY Mar 2026 vs FY Mar 2025Trailing twelve monthsTTM to Jun 2026Adjusted profit attributable to owners ÷ average owners’ equity.
Free cash flow margin-65.59 %−55.9 ptsFY Mar 2026 vs FY Mar 2025Fiscal yearFY ending Mar 2026(Operating cash flow − fixed-asset purchases + disposals) ÷ revenue.
Revenue growth (YoY)12.79 %−20.4 ptsFY Mar 2026 vs FY Mar 2025Trailing twelve monthsTTM to Jun 2026Revenue change against the same period one year earlier.

Source: Inve data from filed results; ratios from the Screener-verified panel · to Jun 2026

Guidance

What management said, and what became of it

3 of 7 judged targets kept · 16 open · verdicts reflect calls analysed to Q1 FY27.

Nuvama Wealth Management Limited management guidance track record on Inve: 23 targets tracked across analysed earnings calls (3 achieved, 4 missed, 16 open).

TargetOriginal wordingSaidLatest callVerdict
Lending Book Growth20% growth for FY26
Call transcript, Q4 FY25 · 29 May 2025		Q4 FY25Q1 FY27:Target period (FY26) is complete. Final verdict remains 'achieved'.
Call transcript, Q1 FY27 · 31 Jul 2026		Achieved
Net Profit GrowthAspiring for 20-25% net profit growth for next couple of years
Call transcript, Q1 FY26 · 14 Aug 2025		Q1 FY26Q1 FY27:Target period (FY26) is complete. Final verdict remains 'missed'.
Call transcript, Q1 FY27 · 31 Jul 2026		Missed
Asset Management Breakeven AUMBreakeven at ₹20,000 crores AUM, expected in 12 to 15 months
Call transcript, Q3 FY25 · 3 Feb 2025		Q3 FY25Q1 FY27:Management now anticipates the asset management business will breakeven by Q4 FY27, a further delay from the previously guided 'middle of FY27'.
Call transcript, Q1 FY27 · 31 Jul 2026		Delayed

Source: Inve Guidance Tracker for Nuvama Wealth Management Limited · to Q1 FY27

A verdict describes what became of management’s own words in later analysed calls. “Delayed” is a change of date, “went quiet” a target the calls stopped mentioning. None of it is a judgement on the investment. The methodology sets out how verdicts are recorded.

4 of Nuvama Wealth Management Limited's 23 targets were missed. See which ones, and which are quietly gone. The 3 above are the free sample; 20 more targets are in the full ledger.

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Price

₹1,690.8 +1.92% · +₹31.8

Last close 27 Oct 2026 · NSE · INR · Source: Inve

Performance −76.4% 1Y

₹2.0k₹4.0k₹6.0kOct 25Dec 25Jan 26Mar 26Apr 26Jun 26Jul 26Sept 26Oct 26Q2 FY26 — 4 Nov 2025Q3 FY26 — 27 Jan 2026Q4 FY26 — 12 May 2026Q1 FY27 — 31 Jul 2026

1Y: ₹7,176 on 24 Oct 2025 → ₹1,690.8. High ₹7,468.5 (10 Nov 2025), low ₹1,110.6 (23 Mar 2026).

Previous close
₹1,659
Market cap
₹31.2k Cr
52-week range
₹1,110.6 – ₹7,468.5
One year
−77.21%
Price to earnings (TTM to Jun 2026)
28.77×
Return on equity (TTM to Jun 2026)
28.46%

Overview

Symbol
NSE:NUVAMA
Exchange
NSE
Currency
INR

What Nuvama Wealth Management Limited does

Based on the company's own presentations, annual report and earnings calls.

Nuvama Wealth Management is an integrated wealth-management platform serving ultra-high-net-worth families and family offices, high-net-worth and affluent individuals, and corporates and institutions. It earns advisory, distribution and commission-based income by offering proprietary and third-party investment products, lending against securities, ESOP funding and estate/succession planning through in-house relationship managers as well as an external network of wealth-manager partners. Beyond core wealth advisory, the group runs an asset-management arm managing alternative investment funds (AIFs) and portfolio management services (PMS) across private equity, public markets and commercial real estate; an asset-services business providing custody, clearing and fund-administration infrastructure to institutional investors; and a capital-markets business covering institutional equities, investment banking, and equity/debt capital-markets advisory backed by in-house research. The company is majority owned by PAG, a large Asia-based alternative investment manager.

Segments

  • Wealth Management
  • Asset Management
  • Asset Services
  • Capital Markets
Office network
100+ offices
Total employees
3,400+
Wealth relationship managers (RMs)
1,250
Affluent & HNI individual clients served
1.3+ million
Corporate & institutional clients served
1,000+
External Wealth Manager (EWM) active partner network
8,000+
Founded 1993Headquarters Mumbai, Maharashtra, India Company website

How the price took the results

close before → close after

Q1 FY27
+0.6%
31 Jul
Q4 FY26
−3.4%
12 May
Q3 FY26
−5.1%
27 Jan
Q2 FY26
+2.2%
5 Nov

The move from the last close before each results date to the first close after it — the market's first read on the quarter, not the quarter itself.

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