Nuvama Wealth Management Reports Financial Results and Declares Interim Dividend

Nuvama Wealth Management Limited has announced its audited financial results for the quarter and financial year ended March 31, 2026. The company reported a significant annual net profit of ₹1,040.26 crore, reflecting a solid performance. Additionally, the Board of Directors declared an interim dividend of ₹14 per equity share for the financial year 2026-27, with the record date set for May 15, 2026.

Financial Performance Overview

For the financial year ended March 31, 2026, Nuvama Wealth Management achieved a consolidated total income of ₹4,649.65 crore, compared to ₹4,169.30 crore in the previous year. The net profit attributable to the owners of the company reached ₹1,041.04 crore, showcasing consistent growth in its operations.

Interim Dividend Announcement

The company has rewarded its shareholders by declaring an interim dividend of ₹14 per equity share (face value of ₹2 each) for the financial year 2026-27. The Board of Directors has fixed Friday, May 15, 2026, as the record date to determine the eligibility of shareholders. The payout is scheduled to be made on or before June 9, 2026.

Segment Breakdown

The wealth management business remained a key driver of performance, contributing significantly to the group’s revenue. Consolidated segment revenue for the wealth management business stood at ₹2,761.37 crore for the year. Meanwhile, the capital markets business recorded a revenue of ₹1,916.15 crore for the same period. The company continues to maintain a diversified presence across these core segments to drive long-term value.

Corporate Developments

During the fiscal year, Nuvama successfully navigated legal challenges, including the lifting of a lien on specific assets by the High Court, as confirmed on February 26, 2026. Furthermore, the company completed a sub-division of its equity shares, moving from a face value of ₹10 to ₹2, which was concluded in late 2025. These strategic moves, combined with a strong balance sheet and robust net worth of ₹4,123.15 crore, position the company for continued growth.

Source: BSE

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