Nuvama Wealth Management Ltd

Nuvama Wealth Reports 8% Revenue Growth 📈 Key Segments Show Strong Performance

• Revenue grew 8% year-on-year for nine months ended December 31, 2025

• Wealth management contributed 57% of total revenue (up from 50% last year)

• MPIS segment saw 48% revenue increase with net new money of ₹6,500 crores

• Asset services revenue grew 15% year-on-year for nine months

• Nuvama Private achieved 30% year-on-year growth with average ARR assets over ₹50,000 crores

• Lending book grew to ₹4,300 crores, a 38-39% increase from start of financial year

• Asset management AUM in commercial real estate fund reached ₹3,000 crores with 40% deployed

• Offshore platforms in Dubai and Singapore now contribute 5% of private revenues

• Cost-to-income ratio stood at 53% for the quarter

• FY27 target of net new money of ₹7,000-8,000 crores in asset management