Financial Services · NIFTY 500

Nuvama Wealth Management Limited

NSENUVAMA BSE543988 ISININE531F01023 SeriesEQ Listed on NSE · BSE

₹1,886.20 +42.70 (+2.32%) Updated 12 Nov, 8:49 pm IST

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Price, daily close+29.28% in a year

Today

Open: ₹1,845.90
Prev close: ₹1,843.50
Day high: ₹1,964.30
Day low: ₹1,845.90
Volume: 6.73 L
Value traded: ₹128.91 Cr
Upper circuit: ₹2,212.20
Lower circuit: ₹1,474.80
52W high: ₹2,066.00
52W low: ₹1,096.90
1 month: +6.37%
6 months: +15.59%

52W low52W high

Ratios

Key numbers

Worked out from the latest filings (Consolidated) and today's price. TTM = last four quarters.

Market cap₹34,800 Cr

P/E (TTM)31.12

P/B7.64

Book value / share₹246.76

EPS (TTM)₹60.61

ROE24.9%

Dividend yield0.74%

Dividend (12m)₹14.00 / share

Net margin (TTM)22.1%

Operating marginn/a (bank)

Debt / equityn/a (bank)

Current ratio—

EV / EBITDA—

Sales growth (YoY qtr)+20.39%

Profit growth (YoY qtr)+19.43%

Sales CAGR 3Y—

Profit CAGR 3Y—

Shares18.45 Cr

Quarterly results

Results for each quarter

Last 12 quarters, consolidated, ₹ crore. Hover a bar to see the number.

Revenue and net profit

841176

Dec 23

927181

Mar 24

949221

Jun 24

1,051258

Sep 24

1,032252

Dec 24

1,120255

Mar 25

1,123264

Jun 25

1,135254

Sep 25

1,104254

Dec 25

1,269269

Mar 26

1,376306

Jun 26

1,366304

Sep 26

Revenue · QoQ (vs last quarter)

—+10%+2.4%+11%-1.9%+8.5%+0.3%+1.1%-2.7%+15%+8.4%-0.7%

Revenue · YoY (vs a year ago)

————+23%+21%+18%+7.9%+7.0%+13%+23%+20%

Net profit · QoQ (vs last quarter)

—+2.5%+22%+17%-2.2%+1.3%+3.3%-3.7%-0.1%+6.0%+14%-0.7%

Net profit · YoY (vs a year ago)

————+43%+41%+19%-1.4%+0.7%+5.4%+16%+19%

RevenueNet profitLine = trend

49.43

Dec 23

50.17

Mar 24

60.60

Jun 24

70.45

Sep 24

68.55

Dec 24

69.06

Mar 25

70.70

Jun 25

68.14

Sep 25

13.62

Dec 25

14.40

Mar 26

16.34

Jun 26

16.25

Sep 26

EPS (₹) · YoY (vs a year ago)

————+39%+38%+17%-3.3%-80%-79%-77%-76%

EPS (₹)Line = trend

₹ Cr	Dec 23	Mar 24	Jun 24	Sep 24	Dec 24	Mar 25	Jun 25	Sep 25	Dec 25	Mar 26	Jun 26	Sep 26
Interest earned	841	927	949	1,051	1,032	1,120	1,123	1,135	1,104	1,269	1,376	1,366
Other income	1.6	1.6	3.3	5.5	3.2	5.0	2.0	3.2	1.8	12.0	5.7	1.5
Total income	842	929	953	1,057	1,035	1,125	1,125	1,138	1,106	1,281	1,382	1,368
Raw material	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Purchases	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Employee cost	232	251	277	293	289	308	307	314	295	346	376	388
Other expenses	156	188	166	196	165	150	123	128	124	180	181	132
Total expenses	612	691	659	709	701	788	775	803	765	934	974	958
Finance cost	171	183	183	200	225	215	240	237	242	258	295	295
Depreciation	44.6	45.1	20.2	21.5	24.0	28.7	24.3	25.4	26.6	36.2	26.9	27.8
Profit before tax	230	238	293	348	334	336	349	335	341	347	408	409
Tax	54.5	56.6	76.1	90.0	82.4	84.8	86.9	85.3	86.4	86.3	105	107
Net profit	176	181	221	257	252	255	264	254	254	269	306	303
Profit to shareholders	176	181	221	258	252	255	264	254	254	269	306	304
EPS (₹)	49.43	50.17	60.60	70.45	68.55	69.06	70.70	68.14	13.62	14.40	16.34	16.25

Profit & loss

Results for each year

3 financial years (April to March), consolidated, ₹ crore.

Sales, operating profit and net profit

3,151625

FY24

4,158986

FY25

4,6311,041

FY26

Revenue · YoY (vs a year ago)

—+32%+11%

Net profit · YoY (vs a year ago)

—+58%+5.6%

RevenueNet profitLine = trend

₹ Cr	FY24	FY25	FY26
Interest earned	3,151	4,158	4,631
Other income	6.7	11.0	19.0
Total expenses	2,348	2,858	3,279
Employee cost	891	1,166	1,262
Finance cost	620	822	977
Depreciation	136	94.4	113
Profit before tax	810	1,311	1,371
Tax	187	333	345
Tax rate %	23.1%	25.4%	25.1%
Net profit	625	985	1,040
Profit to shareholders	625	986	1,041
Net margin %	19.8%	23.7%	22.5%
EPS (₹)	174.14	268.54	56.06

Balance sheet

Assets and debt

At each year end (and the latest half year), ₹ crore.

Equity, debt and assets

2,8991,1190.0

Mar 24

3,4901,1090.0

Mar 25

4,1211,0020.0

Mar 26

4,5536330.0

Sep 26

Shareholders' equity · YoY (vs a year ago)

—+20%+18%—

Shareholders' equityBorrowingsDepositsLine = trend

₹ Cr	Mar 24	Mar 25	Mar 26	Sep 26
Shareholders' equity	2,899	3,490	4,121	4,553
Deposits	0.0	0.0	0.0	0.0
Total borrowings	1,119	1,109	1,002	633
Fixed assets (PPE)	219	221	211	217
Investments	170	221	358	403
Inventories	0.0	0.0	0.0	0.0
Cash & equivalents	367	533	581	361
Total assets	20,387	28,388	34,491	36,211
Debt / equity	0.39	0.32	0.24	0.14

Cash flow

Cash coming in and going out

For each financial year, ₹ crore. Free cash flow = cash from operations minus spending on fixed assets.

Operating, investing and financing cash

-1,658-79.81,316

FY24

-371-65.2601

FY25

-3,014-1283,181

FY26

Operations · YoY (vs a year ago)

—+78%-712%

OperationsInvestingFinancingLine = trend

₹ Cr	FY24	FY25	FY26
Cash from operations	-1,658	-371	-3,014
Cash from investing	-79.8	-65.2	-128
Cash from financing	1,316	601	3,181
Spent on fixed assets	-80.9	-33.1	-28.7
Free cash flow	-1,739	-404	-3,042
Net cash flow	-422	164	39.9

Shareholding

Who holds the shares

Promoter and public holding at each quarter end, as filed with NSE.

Holding over time

56.0%Dec 23

55.8%Mar 24

55.7%Jun 24

55.2%Sep 24

54.9%Dec 24

54.8%Mar 25

54.7%Jun 25

54.7%Sep 25

54.2%Dec 25

54.1%Mar 26

54.0%Jun 26

53.4%Sep 26

Promoter & groupPublic

Latest (30 Sep 2026)

53.4%promoter

Promoter & group: 53.40%
Public (FIIs, mutual funds, retail…): 46.60%
Promoter change, last quarter: -0.58 pts

Dividends & news

Latest dividends and announcements

Dividends & corporate actions

Interim Dividend - Rs 14 Per ShareEx 15-May-2026
Face Value Split (Sub-Division) - From Rs 10/- Per Share To Rs 2/- Per ShareEx 26-Dec-2025
Interim Dividend - Rs 70 Per ShareEx 11-Nov-2025
Interim Dividend - Rs 69 Per ShareEx 03-Jun-2025
Interim Dividend - Rs 63 Per ShareEx 07-Nov-2024
Interim Dividend - Rs 81.50 Per ShareEx 07-Aug-2024

Board meetings

NUVAMA WEALTH MANAGEMENT LIMITED has informed the Exchange about Board Meeting to be held on 06-Nov-2026 to inter-alia consider and approve the Unaud…06-Nov-2026
the unaudited standalone and consolidated financial results of the Company for the quarter and half year ended September 30, 202606-Nov-2026
the Quarterly Unaudited Financial results of the Company for the period ended June 2026 and Fund raising.30-Jul-2026
the financial results for the period ended Jun 30, 2026 and Fund Raising30-Jul-2026
the Yearly Audited Financial results of the Company for the period ended March 2026 and Dividend.11-May-2026

Filings with NSE

Analysts/Institutional Investor Meet/Con. Call Updates9 Nov
Analysts/Institutional Investor Meet/Con. Call Updates9 Nov
Analysts/Institutional Investor Meet/Con. Call Updates9 Nov
Disclosure under SEBI Takeover Regulations9 Nov
Investor Presentation6 Nov
General Updates6 Nov
Outcome of Board Meeting6 Nov

Latest news

Nuvama Wealth Management Ltd transcript of earnings call held on 09 Nov 2026scanx.trade · 9 Nov, 4:29 pm Nuvama Wealth Management Share Recommendation for November 4, 2026BusinessLine · 4 Nov, 6:30 am Buy Nuvama Wealth; target of Rs 2160: Motilal OswalMoneycontrol.com · 11 Nov, 8:58 am Nuvama Q2 FY27 slides: revenue beats forecast, profit up 26% YoYInvesting.com · 9 Nov, 2:31 pm Nuvama Wealth Share Price Today at Rs 1,731.05, Up 2.54%Univest · 28 Oct, 12:30 pm Stock to buy today: Nuvama Wealth Management (₹1,866) – BUYBusinessLine · 4 Nov, 6:30 am Nuvama Wealth Management Stock Split: A Sweet Deal or Stock Market Trap?Equitymaster · 11 Dec, 1:30 pm Nuvama Wealth Management Share Price News Today: Key MetricsUnivest · 22 Oct, 12:30 pm

About

About Nuvama Wealth Management Limited

Nuvama Wealth Management Limited is listed on the NSE under the symbol NUVAMA and belongs to the Financial Services sector.

Company details

Company name: Nuvama Wealth Management Limited
NSE symbol: NUVAMA
BSE scrip code: 543988
ISIN: INE531F01023
Listed on: NSE, BSE
Series: EQ (normal equity)
Listed on NSE since: 26 Sep 2023
Face value: ₹2 per share
Market lot: 1 share
Shares issued: 18.45 crore
Index: NIFTY 500
Sector (NSE): Financial Services
Industry: Investment Managers
Managing director / CEO: Ashish Kehair
Chair: Birendra Kumar
Headquarters: Mumbai, Maharashtra, India
Registered address: 801-804, Wing A, Building No. 3, Inspire BKC, G Block, Bandra Kurla Complex, Bandra East, Mumbai – 400051
Founded: 1993
Employees: 3,820
Financial year: April to March
Results basis: Consolidated
Website: nuvama.com

Peers

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Prices from NSE via Upstox. Financials from the company's results filed with NSE (XBRL); ratios are our own working. Profile from global-stock-logos (MIT). For information only, not a recommendation to buy or sell.

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Nuvama Wealth Management Limited

Today

Ratios

Quarterly results

Revenue and net profit

Profit & loss

Sales, operating profit and net profit

Balance sheet

Equity, debt and assets

Cash flow

Operating, investing and financing cash

Shareholding

Holding over time

Latest (30 Sep 2026)

Dividends & news

Dividends & corporate actions

Board meetings

Filings with NSE

Latest news

About

Company details

Peers