Nuvama Wealth Management Ltd
Nuvama Wealth Management: Strong Growth & Mutual Fund Plans on the Horizon 📈
- Consolidated Operating PAT for 9M FY26: ₹780 Cr, up 7% YoY
- Wealth Management revenue grew 21% YoY, with PBT up 23% YoY
- Client Assets in Wealth Management: ₹3,29,047 Cr (+6% YoY)
- Asset Management AUM reached ₹12,605 Cr (+12% YoY)
- Commercial Real Estate Strategy AUM: ~₹3,000 Cr (+72% YoY)
- Asset Services revenue grew 7% QoQ
- Capital Markets revenue down 21% YoY, but Fixed Income showed strong flows
- In-principle approval for mutual fund license, targeting early next year launch
- Oversees ₹4,61,954 Cr in client assets (1.3M+ affluent/HNI clients)
- Dividend declared: ₹14 per share (Nov’25)