Nuvama Wealth Management (NUVAMA)₹1,871−0.53%Stockbroking & Allied
In the Jun 2026 quarter (consolidated), Nuvama Wealth Management reported sales of ₹1,380 Cr, up 22.6% from Jun 2025, and net profit of ₹305 Cr, up 15.8% year on year. For the year to Mar 2026, sales were ₹4,644 Cr and net profit ₹1,038 Cr.
Company filings, consolidated accounts; latest reported quarter Jun 2026
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 737 | 844 | 931 | 952 | 1,056 | 1,037 | 1,124 | 1,126 | 1,139 | 1,107 | 1,272 | 1,380 |
| Expenses | 374 | 395 | 463 | 456 | 487 | 452 | 544 | 510 | 540 | 496 | 640 | 651 |
| Operating Profit | 361 | 446 | 466 | 494 | 566 | 583 | 576 | 613 | 594 | 608 | 631 | 726 |
| OPM % | 49.1% | 53.1% | 50.1% | 52.1% | 54.1% | 56.1% | 51.1% | 54.1% | 52.1% | 55.1% | 50.1% | 53.1% |
| Other Income | 3.01 | 2.01 | 0.00 | 7.03 | 4.02 | 1.01 | 9.04 | 3.01 | 8.03 | 2.01 | 20.07 | 8.03 |
| Interest | 147 | 171 | 183 | 183 | 200 | 225 | 215 | 240 | 237 | 242 | 258 | 295 |
| Depreciation | 24.01 | 45.04 | 44.99 | 20.01 | 20.99 | 23.99 | 28.98 | 23.99 | 25.01 | 27.02 | 36.03 | 26.99 |
| Profit before tax | 191 | 231 | 237 | 297 | 347 | 335 | 340 | 352 | 340 | 340 | 356 | 412 |
| Tax % | 24.1% | 24.1% | 24.0% | 26.0% | 26.1% | 25.0% | 25.0% | 25.1% | 25.0% | 25.1% | 24.0% | 26.0% |
| Net Profit | 145 | 176 | 181 | 220 | 256 | 251 | 254 | 263 | 253 | 253 | 268 | 305 |
| EPS (Rs) | 8.29 | 10.02 | 10.25 | 12.48 | 14.42 | 14.04 | 14.21 | 14.65 | 14.08 | 13.97 | 14.80 | 16.74 |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|
| Sales | 782 | 1,388 | 1,784 | 2,229 | 3,164 | 4,175 | 4,644 | 4,899 |
| Expenses | 280 | 937 | 1,129 | 1,336 | 1,588 | 1,937 | 2,184 | 2,326 |
| Operating Profit | 500 | 445 | 647 | 885 | 1,569 | 2,225 | 2,447 | 2,558 |
| OPM % | 64.1% | 32.1% | 36.1% | 40.1% | 50.1% | 53.1% | 53.1% | 52.2% |
| Other Income | 76.34 | −567 | 640 | 8.03 | 3.01 | 14.06 | 33.11 | 38.14 |
| Interest | 200 | 246 | 279 | 397 | 621 | 823 | 978 | 1,033 |
| Depreciation | 15.01 | 49.99 | 70.95 | 89.02 | 136 | 93.95 | 113 | 115 |
| Profit before tax | 361 | −418 | 936 | 406 | 813 | 1,320 | 1,388 | 1,448 |
| Tax % | 21.1% | 14.1% | 8.0% | 25.1% | 23.0% | 25.0% | 25.0% | — |
| Exceptional items | 4.99 | −578 | 579 | 0.00 | 0.00 | 0.99 | 0.00 | — |
| Net Profit | 285 | −474 | 855 | 304 | 624 | 983 | 1,038 | 1,080 |
| EPS (Rs) | — | — | — | — | 35.46 | 54.85 | 57.20 | 59.59 |
| Dividend payout % | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 53.1% | 24.1% | — |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 25.90 | 34.89 | 34.90 | 34.97 | 34.90 | 35.87 | 35.89 |
| Reserves | 1,056 | 1,594 | 1,897 | 2,224 | 2,863 | 3,455 | 4,089 |
| Borrowings | 1,284 | 1,425 | 3,540 | 5,406 | 6,727 | 7,811 | 11,502 |
| Other Liabilities | 2,852 | 4,413 | 5,144 | 5,072 | 10,794 | 17,141 | 18,908 |
| Total Liabilities | 5,219 | 7,465 | 10,615 | 12,738 | 20,418 | 28,443 | 34,534 |
| Fixed Assets | 108 | 162 | 219 | 284 | 290 | 312 | 289 |
| CWIP | 4.01 | 22.01 | 18.01 | 25.01 | 8.01 | 5.01 | 0.00 |
| Investments | 666 | 25.06 | 70.23 | 170 | 170 | 222 | 359 |
| Other Assets | 4,440 | 7,256 | 10,309 | 12,259 | 19,951 | 27,904 | 33,887 |
| Inventories | 213 | 206 | 888 | 1,306 | 736 | 1,431 | 0.00 |
| Trade receivables | 348 | 272 | 891 | 889 | 638 | 749 | 994 |
| Cash & equivalents | 2,990 | 4,569 | 4,667 | 5,349 | 12,647 | 20,310 | 22,046 |
| Total Assets | 5,219 | 7,465 | 10,615 | 12,738 | 20,418 | 28,443 | 34,534 |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Cash from operating activity | −501 | −1,109 | −1,428 | −1,869 | −1,663 | −372 | −3,021 |
| Cash from investing activity | −112 | −124 | −80.79 | −172 | −78.76 | −62.84 | −128 |
| Cash from financing activity | 234 | 874 | 2,134 | 1,818 | 1,313 | 599 | 3,170 |
| Net cash flow | −377 | −355 | 634 | −212 | −423 | 166 | 40.09 |
| Capex | 16.94 | 22.94 | 50.89 | 78.80 | 80.73 | 32.93 | 28.89 |
| Free cash flow | −514 | −1,123 | −1,469 | −1,933 | −1,732 | −402 | −3,031 |
| CFO / OP % | −98.9% | −239.9% | −209.9% | −202.9% | −93.0% | −2.0% | −109.9% |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Debtor days | 163 | 72 | 183 | 146 | 74 | 66 | 79 |
| Inventory days | 1,378 | — | — | — | — | — | — |
| Days payable | 747 | — | — | — | — | — | — |
| Cash conversion cycle | 793 | 72 | 183 | 146 | 74 | 66 | 79 |
| Working capital days | −913 | −861 | −504 | −278 | −967 | −1,235 | −1,149 |
| ROCE % | — | 17.0% | 14.0% | 11.9% | 17.0% | 20.0% | 17.0% |
For the Jun 2026 quarter, Nuvama Wealth Management reported sales of ₹1,380 Cr, up 22.6% year on year and net profit of ₹305 Cr, up 15.8% year on year. The operating margin was 53.1%.
Nuvama Wealth Management's sales for the year to Mar 2026 were ₹4,644 Cr; over the last twelve months they were ₹4,899 Cr.
Net profit for the year to Mar 2026 was ₹1,038 Cr, and ₹1,080 Cr over the last twelve months. Earnings per share over the same trailing period were ₹59.59.
Nuvama Wealth Management reported borrowings of ₹11,502 Cr at Mar 2026, against cash and equivalents of ₹22,046 Cr.
Cash from operations was −₹3,021 Cr in the year to Mar 2026; after capital spending, free cash flow was −₹3,031 Cr.