Arthneeti
NW

Nuvama Wealth Management Ltd

Q4 FY26Capital Markets

Nuvama Wealth Management Q4 FY26 earnings call: Revenue & Margins

Q4 FY26 earnings call: what management guided on revenue, margins and order book.

Price₹1,744
Market cap₹30.6K Cr
P/E28.3
Updated23 Aug 2026
Read4 min read

The short version

Private Equity: Target INR1,000 to INR1,500 crores by 2027; conservatively INR1,000-1,200 crores expected. Future Growth Expectations for Nuvama: - Wealth Management: - Operating PBT up 23-24% in Q4 and full year FY '26.

From Nuvama Wealth Management Ltd's Q4 FY26 earnings-call transcript · updated 23 Aug 2026.

Revenue & Sales Performance

  • Private Equity: Target INR1,000 to INR1,500 crores by 2027; conservatively INR1,000-1,200 crores expected.
  • Private Credit: Launch expected in H2 2026, targeting INR1,500 crores for the fund; about half may come this year.
  • Commercial Real Estate: Next fund launching in 2026, targeting INR3,000 to INR4,000 crores; 30-40% expected this year.
  • SIF and Public Market: Launch expected around 2027; numbers to be discussed next quarter after markets settle.
  • Wealth Division: Growth in both external wealth managers (8,000 added) and own RMs (~1,100), with focus on seniorization and productivity improvements leading to higher revenue per RM (25% increase).
  • Cost-to-Income Ratio: Expected to improve by ~100 basis points per year over 3-4 years, balancing growth reinvestment.

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 is investing in platform and infrastructure to attract flows and clients, which requires significant capital investment for scaling and servicing clients effectively.
  • Building multi-country, multi-currency technology platforms to support clients' portfolio review, rebalancing, and control.
  • Strengthening leadership and teams in private equity and private credit, including hiring experienced CIOs for these businesses.
  • Expanding product offerings with plans to launch new funds in private credit (targeting INR1,000-1,500 crores) by end of Q2 FY27 and commercial real estate funds (INR3,000-4,000 crores) in the second half.
  • Strategic global custodian tie-ups are in progress to access new client segments, implying operational and capital commitment.

2 more points management made on capital expenditure plans

Top-ranked in Capital Markets

Ranked on what management guided this quarter

5x potential
1BSE
Rev 2Mar 3
2Billionbrains Garage Ventures Ltd
Rev 2Mar 3
3
Rev 2Mar 3
4
Rev 2Mar 3
5
Rev 2Mar 3
Sign up free to see 3 moreTakes 30 seconds · no cardSign up

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

The document does not explicitly provide specific figures or detailed information related to the current or expected order book or pending orders for Nuvama Wealth Management Limited. The discussion mainly focuses on financial performance, business segments growth, market trends, asset inflows, and strategic initiatives without direct reference to an order book. Key points related to order inflows and business pipelines that might be relevant: - The investment banking (IB) and equity (ECM) pipeline has about 40 to 45 live mandates, mostly across ECM and some advisory. - The firm expects a good year in investment banking with large deals in the pipeline.

2 more points management made on order book & pipeline

Nuvama Wealth Management Ltd — Quarterly revenue & net profit

Revenue Net profit
Dec 2024
Mar 2025
Jun 2025
Sep 2025
Dec 2025
Mar 2026

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.

Full financials →

Continue your research

What Nuvama Wealth's management said in earlier quarters

🔎 Who's planning the most growth?

Companies ranked by management's own guidance — revenue, margins, capex and order book, from every earnings call in India.

See rankings →

Frequently Asked Questions

What were Nuvama Wealth Management Ltd Q4 FY26 results?

Private Equity: Target INR1,000 to INR1,500 crores by 2027; conservatively INR1,000-1,200 crores expected. Future Growth Expectations for Nuvama: - Wealth Management: - Operating PBT up 23-24% in Q4 and full year FY '26.

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 is investing in platform and infrastructure to attract flows and clients, which requires significant capital investment for scaling and servicing clients effectively.

Keep Nuvama Wealth Management Ltd on your radar — track it to get its next earnings analysis in your feed.

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.