Nuvama Wealth Management Ltd
Nuvama Wealth Management Q1 FY26 earnings call: Revenue & Margins
Q1 FY26 earnings call: what management guided on revenue, margins and order book.
The short version
Wealth Management and Asset Management businesses are expected to grow faster than last year. Aspiration to achieve similar 20-25% compounded growth in net profits over the next 10 years, driven by expanding market size (Page 16).
From Nuvama Wealth Management Ltd's Q1 FY26 earnings-call transcript · updated 23 Aug 2026.
Revenue & Sales Performance
- Wealth Management and Asset Management businesses are expected to grow faster than last year.
- Asset Services will still achieve growth, despite challenges like the Jane Street impact.
- Institutional Equity (IE) might face some impact with an estimated INR15-16 crores PAT hit this year but expected to resume growth afterward.
- Overall, the company aspires to grow net profits by 20-25% compounded annually over the next 10 years.
- The mutual fund asset base expanded from INR50 lakh crores to INR75 lakh crores in two years, expected to compound significantly.
- Market penetration is currently below 15% and expected to double in 10 years, leading to an 8x-9x market size expansion.
2 more points management made on revenue & sales performance
Profitability & Margins
See what Nuvama Wealth Management Ltd said on profitability & margins — free account, 30 seconds.
Capital Expenditure Plans
- Nuvama Wealth Management is planning to add two value-added services in Asset Services: registrar and transfer agent (RTA) service and trusteeship services. Subsidiaries for these will be floated within the next 6 months.
- In Asset Management, focus is on deployment of funds, including raising a second leg of a commercial real estate fund targeting an additional INR 2,000-2,200 crores over the next 6-9 months.
- Private credit is a new product category planned to start by the end of Q3.
2 more points management made on capital expenditure plans
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Ranked on what management guided this quarter
Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.
Fundraising & Capital Structure
See what Nuvama Wealth Management Ltd said on fundraising & capital structure — free account, 30 seconds.
Order Book & Pipeline
- As per Ashish Kehair, the current assets in MPIS (Wealth) are about INR 32,000-33,000 crores.
- Approximately 30% of MPIS assets (~INR 7,000-8,000 crores) contribute to the orderbook.
- The Private division adds another INR 12,000 crores.
2 more points management made on order book & pipeline
Nuvama Wealth Management Ltd — Quarterly revenue & net profit
Reported quarterly figures (₹ Cr). Latest: revenue ₹1.3K Cr, net profit ₹269 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.
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What Nuvama Wealth's management said in earlier quarters
Frequently Asked Questions
What were Nuvama Wealth Management Ltd Q1 FY26 results?
Wealth Management and Asset Management businesses are expected to grow faster than last year. Aspiration to achieve similar 20-25% compounded growth in net profits over the next 10 years, driven by expanding market size (Page 16).
What is Nuvama Wealth Management Ltd share price analysis?
Nuvama Wealth Management Ltd currently shows a neutral. The stock trades at a P/E of 28.3 with a market cap of ₹30,605 Cr. Investors should review the full earnings analysis for detailed insights.
Is Nuvama Wealth Management Ltd planning capital expenditure?
Nuvama Wealth Management is planning to add two value-added services in Asset Services: registrar and transfer agent (RTA) service and trusteeship services.
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This analysis is AI-generated based on publicly available earnings data and the company's earnings call transcript. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.
