Nuvama Wealth Manage Ltd
NSE: NUVAMA · Stockbroking & Allied · sector
Key numbers
Last 12 months to Jun 2026, Standalone. "Sector median" = middle value of 39 companies in Stockbroking & Allied (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- 62.80% of the promoters' shares are pledged (33.5% of all shares).
- Promoter holding fell by 1.25 percentage points in a year, to 53.40% (2026-09-30).
- Total income was higher than a year earlier in 2 of the last 4 quarters.
- Dividend paid in 2 of the last 3 financial years.
- Price ₹1,659.00 on 2026-10-26: -19.7% from the 52-week high, +51.2% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Quarterly results
| ₹ cr | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Total income | 516 | 385 | 218 | 422 | 188 | 404 | 172 | 424 |
| Net interest income | 516 | 385 | 218 | 422 | 188 | 404 | 172 | 424 |
| Other income | 0 | 0 | 3 | 3 | 4 | 3 | 8 | 7 |
| Net profit | 317 | 207 | 27 | 221 | 46 | 280 | 19 | 255 |
| EPS (₹) | 17.84 | 11.55 | 1.53 | 12.31 | 2.57 | 15.48 | 1.05 | 13.98 |
| Revenue YoY | -63.6% | +4.8% | -20.9% | +0.4% | ||||
| Profit YoY | -85.4% | +35.5% | -30.4% | +15.0% |
Standalone figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|
| Revenue | 654 | 1,354 | 1,186 | 1,188 |
| Net profit | 98 | 598 | 567 | 600 |
| EPS (₹) | 5.58 | 33.54 | 31.38 | 33.08 |
| Revenue growth | +107.2% | -12.4% | -22.9% | |
| Profit growth | +509.3% | -5.1% | -22.3% | |
| Dividend / share (₹) | – | 144.50 | 139.00 |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | – | – | -22.9% |
| Net profit | – | – | -22.3% |
| EPS | – | – | – |
| Share price | – | +10.2% (2y) | +16.8% |
Balance sheet
| ₹ cr | FY24 | FY25 | FY26 |
|---|---|---|---|
| Shareholders' equity | 1,732 | 1,935 | 2,087 |
| Borrowings | 441 | 435 | 140 |
| Cash & equivalents | 828 | 649 | 607 |
| Total assets | 4,551 | 7,285 | 3,595 |
| Fixed assets | 123 | 112 | 88 |
| Capital work in progress | 0 | 0 | 0 |
| Inventory | 0 | 0 | 0 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY24 | FY25 | FY26 |
|---|---|---|---|
| Cash from operations | -172 | 57 | -8 |
| Cash from investing | -82 | 395 | 166 |
| Cash from financing | 252 | -386 | -218 |
| Capex | 62 | 10 | 8 |
| Free cash flow | -235 | 47 | -15 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY24 | FY25 | FY26 |
|---|---|---|---|
| ROE % | 5.7% | 30.9% | 27.2% |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 53.40% |
| FIIs | 19.97% |
| DIIs | 8.36% |
| of which Mutual funds | 6.38% |
| of which Insurance | 0.90% |
| Government | 0.00% |
| Public (non-institutions) | 18.27% |
| Quarter | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 54.93% | 54.78% | 54.73% | 54.65% | 54.20% | 54.13% | 53.98% | 53.40% |
| Promoter group | % |
|---|---|
| Pagac Ecstasy PTE Ltd | 52.55% |
| Asia Pragati Strategic Investment Fund | 0.85% |
| Public holders above 1% | % |
|---|---|
| Smallcap World Fund, INC | 4.87% |
| Kotak Aggressive Hybrid Fund | 3.87% |
| Rashesh Chandrakant Shah | 2.41% |
| Invesco India ESG Integration Strategy Fund | 1.51% |
| Mukul Mahavir Agrawal | 1.35% |
| ST. James's Place Emerging Markets Equity Unit Trust Managed BY Wasatch Advisors INC | 1.06% |
1,21,016 shareholders. Pledged: 62.80% of promoter shares.
Peers in Stockbroking & Allied
| Company | Market cap | P/E | P/B | ROE | ROA | Gross NPA | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| GROWW | ₹1,15,154 cr | 42.3x | 9.9x | 28.5% | 13.61% | – | – | – |
| MOTILALOFS | ₹56,201 cr | 53.1x | 7.1x | 14.0% | 3.53% | – | +21.3% | 0.64% |
| 360ONE | ₹39,770 cr | 79.4x | 5.2x | 6.7% | 5.37% | – | +22.9% | 1.20% |
| NUVAMA | ₹30,285 cr | 50.1x | 14.5x | 29.9% | 16.70% | – | – | 1.66% |
| ANGELONE | ₹25,846 cr | 19.9x | 3.8x | 20.4% | 5.67% | – | +19.2% | 1.72% |
| IIFLCAPS | ₹10,681 cr | 18.8x | 3.9x | 22.6% | 6.22% | – | +19.4% | 0.87% |
| SHAREINDIA | ₹3,873 cr | 12.1x | 1.7x | 15.2% | 7.93% | – | +14.4% | 0.76% |
| ARSSBL | ₹2,818 cr | 17.4x | 2.0x | 10.7% | 3.20% | – | – | – |
| MONARCH | ₹2,572 cr | 14.2x | 2.6x | 20.5% | 11.52% | – | +33.6% | 0.31% |
| ALGOQUANT | ₹2,069 cr | 61.9x | 15.4x | 24.8% | 12.14% | – | – | – |
Business segments (FY26)
| Segment | Revenue | Share | EBIT | Margin |
|---|---|---|---|---|
| Capital markets business | ₹691 cr | 57.4% | ₹183 cr | 26.5% |
| Holding Company Activities | ₹441 cr | 36.6% | ₹441 cr | 100.0% |
| Wealth management business | ₹43 cr | 3.6% | ₹-8 cr | -17.9% |
| Unallocated | ₹30 cr | 2.4% | ₹-11 cr | -38.4% |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2026-05-15 | Dividend | Interim Dividend - Rs 14 Per Share |
| 2025-12-26 | Split | Face Value Split (Sub-Division) - From Rs 10/- Per Share To Rs 2/- Per Share |
| 2025-11-11 | Dividend | Interim Dividend - Rs 70 Per Share |
| 2025-06-03 | Dividend | Interim Dividend - Rs 69 Per Share |
| 2024-11-07 | Dividend | Interim Dividend - Rs 63 Per Share |
| 2024-08-07 | Dividend | Interim Dividend - Rs 81.50 Per Share |
Documents
- Annual report FY26
- Annual report FY25
- Annual report FY24
- Announcements NSE filings
- BRSR FY26
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
- Financial Services: Financial services across Wealth Management, Asset Management, Asset Services, and Capital Markets
| Sector | Financial Services |
| Industry | Stockbroking & Allied |
| Sub-industry | Stockbroking & Allied |
| Symbol | NUVAMA |
| BSE code | 543988 |
| ISIN | INE531F01023 |
| Face value | ₹2.0 |
| Incorporated | 1993-08-20 |
| Website | www.nuvama.com |
| Plants (India / abroad) | 0 / 0 |
From the company's filings (BRSR FY26).
Data built 2026-10-22 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.