About
Nuvama Wealth Management Limited engages in wealth management, asset management, and capital markets businesses in India and internationally. The company offers wealth management business, which includes the distribution of financial products, investment advisory, lending against securities and securities broking for clients in the wealth management business; and the asset management business comprises investment management for alternative investment funds (AIFs) and portfolio management services (PMS) across strategies. It also provides capital market business, such as institutional broking business, merchant banking business, advisory and clearing services. The company was formerly known as Edelweiss Securities Limited and changed its name to Nuvama Wealth Management Limited in August 2022. Nuvama Wealth Management Limited was incorporated in 1993 and is based in Mumbai, India. Nuvama Wealth Management Limited operates as a subsidiary of PAGAC Ecstasy Pte. Ltd.
Key Metrics
as of Sep 2026Market Cap33,456 Cr
P/E30.90
Div Yield1.53 %
Book Value₹226.00
52w High₹2,067.00
52w Low₹1,097.00
Face Value₹2.00
Quarterly Results
Rs. Crores · hover row for definition| Metric | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 424.00 | 172.00 | 404.00 | 188.00 | 422.00 | 218.00 | 385.00 | 516.00 | 236.00 | 215.00 | 187.00 | 126.00 | 126.00 |
| Expenses | 146.00 | 141.00 | 91.00 | 111.00 | 145.00 | 154.00 | 135.00 | 145.00 | 138.00 | 127.00 | 100.00 | 91.00 | 86.00 |
| Operating Profit | 278.00 | 31.00 | 313.00 | 76.00 | 278.00 | 64.00 | 251.00 | 371.00 | 98.00 | 89.00 | 87.00 | 35.00 | 39.00 |
| OPM % | 66.00 | 18.00 | 77.00 | 41.00 | 66.00 | 29.00 | 65.00 | 72.00 | 41.00 | 41.00 | 47.00 | 28.00 | 31.00 |
| Other Income | 7.00 | 8.00 | 3.00 | 4.00 | 3.00 | 3.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation | 4.00 | 4.00 | 5.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 26.00 | 29.00 | 8.00 | 11.00 |
| Interest | 24.00 | 15.00 | 14.00 | 14.00 | 52.00 | 26.00 | 27.00 | 29.00 | 29.00 | 25.00 | 20.00 | 16.00 | 8.00 |
| Profit before tax | 257.00 | 20.00 | 297.00 | 62.00 | 225.00 | 37.00 | 219.00 | 338.00 | 65.00 | 38.00 | 38.00 | 12.00 | 20.00 |
| Tax % | 1.00 | 5.00 | 6.00 | 26.00 | 2.00 | 25.00 | 6.00 | 6.00 | 28.00 | 18.00 | 18.00 | 1.00 | -22.00 |
| Net Profit | 255.00 | 19.00 | 280.00 | 46.00 | 221.00 | 27.00 | 207.00 | 317.00 | 47.00 | 32.00 | 31.00 | 11.00 | 24.00 |
| EPS in Rs | 13.95 | 1.05 | 15.42 | 2.57 | 12.30 | 1.53 | 11.53 | 17.74 | 2.63 | 1.78 | 1.76 | 0.65 | 1.38 |
Profit & Loss
Annual · Rs. Crores| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,186.00 | 1,354.00 | 654.00 | 351.00 | 361.00 | 565.00 | 348.00 | 410.00 | 322.00 | 383.00 | 417.00 | 401.00 |
| Expenses | 489.00 | 572.00 | 404.00 | 310.00 | 301.00 | 231.00 | 183.00 | 232.00 | 195.00 | 231.00 | 261.00 | 209.00 |
| Operating Profit | 697.00 | 783.00 | 250.00 | 40.00 | 59.00 | 334.00 | 165.00 | 178.00 | 128.00 | 152.00 | 156.00 | 192.00 |
| OPM % | 59.00 | 58.00 | 38.00 | 12.00 | 16.00 | 59.00 | 47.00 | 43.00 | 40.00 | 40.00 | 38.00 | 48.00 |
| Other Income | 18.00 | 3.00 | 0.00 | 43.00 | 168.00 | -146.00 | 0.00 | 1.00 | 11.00 | 0.00 | 0.00 | 0.00 |
| Interest | 94.00 | 111.00 | 69.00 | 31.00 | 12.00 | 96.00 | 75.00 | 81.00 | 86.00 | 109.00 | 131.00 | 164.00 |
| Depreciation | 17.00 | 16.00 | 73.00 | 46.00 | 32.00 | 20.00 | 10.00 | 6.00 | 7.00 | 9.00 | 11.00 | 9.00 |
| Profit before tax | 605.00 | 658.00 | 108.00 | 7.00 | 184.00 | 72.00 | 80.00 | 91.00 | 47.00 | 33.00 | 15.00 | 20.00 |
| Tax % | 6.00 | 9.00 | 9.00 | 11.00 | -2.00 | 12.00 | 23.00 | 13.00 | 8.00 | 34.00 | -3.00 | 2.00 |
| Net Profit | 567.00 | 598.00 | 98.00 | 6.00 | 188.00 | 64.00 | 62.00 | 79.00 | 43.00 | 22.00 | 15.00 | 19.00 |
| EPS in Rs | 31.16 | 33.22 | 5.56 | — | — | — | — | — | — | — | — | — |
| Dividend Payout % | 45.00 | 87.00 | 0.00 | 0.00 | 0.00 | 175.00 | 0.00 | 0.00 | 70.00 | 0.00 | 0.00 | 104.00 |
Balance Sheet
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 36.00 | 36.00 | 35.00 | 35.00 | 17.00 | 35.00 | 26.00 | 26.00 | 26.00 | 26.00 | 26.00 | 26.00 |
| Reserves | 2,051.00 | 1,899.00 | 1,696.00 | 1,591.00 | 1,575.00 | 1,462.00 | 389.00 | 354.00 | 420.00 | 446.00 | 425.00 | 409.00 |
| Borrowings | 1,109.00 | 757.00 | 595.00 | 316.00 | 0.00 | 48.00 | 675.00 | 523.00 | 399.00 | 836.00 | 397.00 | 494.00 |
| Other Liabilities | 399.00 | 4,593.00 | 2,224.00 | 312.00 | 362.00 | 163.00 | 149.00 | 1,028.00 | 414.00 | 364.00 | 1,234.00 | 1,101.00 |
| Total Liabilities | 3,595.00 | 7,285.00 | 4,551.00 | 2,254.00 | 1,954.00 | 1,708.00 | 1,239.00 | 1,932.00 | 1,259.00 | 1,672.00 | 2,082.00 | 2,031.00 |
| Fixed Assets | 131.00 | 157.00 | 133.00 | 174.00 | 87.00 | 107.00 | 92.00 | 30.00 | 31.00 | 33.00 | 37.00 | 39.00 |
| CWIP | 0.00 | 1.00 | 0.00 | 1.00 | 2.00 | 0.00 | 0.00 | 2.00 | 0.00 | 3.00 | 1.00 | 0.00 |
| Investments | 1,611.00 | 1,356.00 | 1,333.00 | 1,319.00 | 1,286.00 | 1,171.00 | 547.00 | 289.00 | 356.00 | 371.00 | 308.00 | 299.00 |
| Other Assets | 1,853.00 | 5,771.00 | 3,085.00 | 760.00 | 579.00 | 431.00 | 600.00 | 1,611.00 | 872.00 | 1,265.00 | 1,736.00 | 1,693.00 |
| Total Assets | 3,595.00 | 7,285.00 | 4,551.00 | 2,254.00 | 1,954.00 | 1,708.00 | 1,239.00 | 1,932.00 | 1,259.00 | 1,672.00 | 2,082.00 | 2,031.00 |
Cash Flows
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | -8.00 | 57.00 | -172.00 | -270.00 | 178.00 | 301.00 | 219.00 | -21.00 | 842.00 | -93.00 |
| Cash from Investing Activity | 166.00 | 395.00 | -82.00 | -82.00 | -130.00 | -500.00 | -247.00 | 111.00 | -1.00 | -68.00 |
| Cash from Financing Activity | -218.00 | -386.00 | 252.00 | 286.00 | -4.00 | 175.00 | 19.00 | -51.00 | -1,074.00 | 341.00 |
| Net Cash Flow | -59.00 | 66.00 | -2.00 | -66.00 | 45.00 | -23.00 | -10.00 | 40.00 | -233.00 | 181.00 |
| Free Cash Flow | -15.00 | 48.00 | -235.00 | -331.00 | 164.00 | 291.00 | 208.00 | -28.00 | 840.00 | -100.00 |
| CFO/OP % | 7.00 | 15.00 | -62.00 | -661.00 | 322.00 | 92.00 | 132.00 | -11.00 | 660.00 | -54.00 |
Ratios
Annual · Days / % — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 41.00 | 47.00 | 89.00 | 61.00 | 50.00 | 39.00 | 50.00 | 771.00 | 41.00 | 142.00 | 75.00 | 59.00 |
| Cash Conversion Cycle | 41.00 | 47.00 | 89.00 | 61.00 | 50.00 | 39.00 | 50.00 | 771.00 | 41.00 | 142.00 | 75.00 | 59.00 |
| Working Capital Days | 276.00 | 137.00 | 7.00 | 75.00 | -127.00 | 40.00 | 39.00 | -3.00 | -142.00 | -161.00 | -883.00 | -865.00 |
| ROCE % | 24.00 | 31.00 | 8.00 | 2.00 | 3.00 | 24.00 | 16.00 | 20.00 | 11.00 | 13.00 | 16.00 | 18.00 |
Corporate Actions
6 records| Action | Ex Date | Record Date | Ratio | Amount (₹) | Notes |
|---|---|---|---|---|---|
| Dividend | 15 May 2026 | 15 May 2026 | — | 14.00 | |
| Split | 26 Dec 2025 | 26 Dec 2025 | 10:2 | — | |
| Dividend | 11 Nov 2025 | 11 Nov 2025 | — | 70.00 | |
| Dividend | 03 Jun 2025 | 03 Jun 2025 | — | 69.00 | |
| Dividend | 07 Nov 2024 | 07 Nov 2024 | — | 63.00 | |
| Dividend | 07 Aug 2024 | 07 Aug 2024 | — | 81.50 |
Announcements
5 filingsShareholding Pattern
Open on BSEFinancial Results — Filings
Open on BSEBoard Filings
Open on BSEAnnual Reports
Credit Ratings
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Rating update6 Aug from care
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Rating update3 Jul from care
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Rating update19 Jun from crisil
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Rating update25 Mar from crisil
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Rating update11 Mar from icra
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Rating update20 Feb from icra