Nuvama Wealth Management Limited delivered a strong performance for the financial year ending March 31, 2026, announcing an operating PAT of ₹1,049 crore, marking a 6% YoY growth. The company reported annual revenues of ₹3,122 crore, an 8% increase. With robust growth across Wealth Management, Asset Services, and steady progress in its Asset Management build-out, the company declared a dividend of ₹14 per share, reflecting its continued focus on long-term shareholder value.
Financial Highlights
For the quarter ended March 31, 2026 (Q4 FY26), Nuvama Wealth reported revenues of ₹825 crore, a 7% growth year-on-year. The operating Profit After Tax (PAT) for the quarter stood at ₹269 crore, representing a 5% increase compared to Q4 FY25. On an annual basis, the company achieved total revenues of ₹3,122 crore, while operating costs were managed at ₹1,740 crore, demonstrating disciplined growth as the company continues to scale its operations.
Segment Performance Overview
The Wealth Management segment remained a primary driver, contributing 57% to total revenues in Q4, with annual revenues of ₹1,718 crore, up 20% YoY. Within this, the Nuvama Wealth business segment grew its Profit Before Tax (PBT) by 22% for the full year, benefiting from improved productivity. Asset Services continued its resilient performance, delivering its highest-ever annual profits and maintaining a strong momentum in clearing and custody assets, which stood at ₹1,25,954 crore by the end of the year.
Strategic Growth and Outlook
Nuvama Asset Management saw its closing Assets Under Management (AUM) reach ₹12,807 crore, a 13% growth, led by success in its commercial real estate strategy. The group remains committed to a ‘bifocal approach’ of driving business growth while institutionalizing systems and processes. Investments in AI, technology, and talent have been pivotal in sharpening the firm’s client proposition. With a client base of 1.3 million affluent and HNI individuals and 4,750+ ultra-high-net-worth families, the company is well-positioned for sustained structural growth in the Indian wealth management landscape.
Source: BSE
