Nuvama Wealth Management Limited

BSE: NUVAMA543988ISIN INE531F01023

Financial Services
Stockbroking & Allied
BSE 500

Share price

₹1,846.55-19.45 (-1.04%)

as of 4 Nov 2026

Prices adjusted for splits and bonuses; cash dividends excluded. Volume shows actual shares traded.

Splits and bonuses

26 Dec 2025 · Split 5:1 (₹10 → ₹2)

52W high: ₹2,067.00
52W low: ₹1,097.25
Off 52W high: -10.67%
1M return: +1.39%
3M return: +10.25%
6M return: +30.56%
1Y return: +29.07%
20D avg volume: 20,985
50 DMA: ₹1,747.80
200 DMA: ₹1,559.63

Key ratios Consolidated

Market cap: ₹34,072 Cr
Current price: ₹1,846.55
52W high / low: ₹2,067.00 / ₹1,097.25
Face value: ₹2.00
P/E: 31.49
P/B: 8.16
EPS (TTM): ₹58.64
Book value / share: ₹226.36
ROE: —
ROCE: —
Operating margin: —
Net margin: —
Debt / equity: 0.24
Net debt: ₹420.64 Cr
Interest cover: 2.40
Dividend yield: 4.55%
Dividend / share (TTM): ₹84.00
Payout: 143.25%
Cash conversion cycle: —

Financials

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24	Q2 FY24
Income statement
	1,376	1,269	1,104	1,135	1,123	1,120	1,032	1,051	949.43	927.38	840.64	735.26
	5.74	11.99	1.79	3.22	1.96	4.98	3.17	5.49	3.25	1.63	1.56	2.05
	1,382	1,281	1,106	1,138	1,125	1,125	1,035	1,057	952.68	929.01	842.20	737.31
	973.89	934.38	765.41	803.30	775.41	788.47	701.49	709.14	659.28	690.90	611.78	546.44
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	376.30	345.54	295.14	313.95	307.19	307.86	288.54	292.97	276.60	250.62	232.22	212.89
	294.97	257.62	242.40	236.58	240.07	214.74	224.87	199.84	182.51	182.76	171.05	146.90
	26.92	36.21	26.64	25.39	24.27	28.67	24.04	21.49	20.17	45.13	44.64	24.37
	181.25	179.92	124.29	128.34	123.29	149.71	165.09	195.67	166.41	188.24	156.32	160.16
	408.07	346.75	340.57	334.63	349.20	336.32	333.50	347.70	293.40	238.11	230.42	190.87
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	408.07	346.75	340.57	334.63	349.20	336.32	333.50	347.70	293.40	238.11	230.42	190.87
	104.88	86.25	86.36	85.25	86.85	84.79	—	—	—	—	—	—
	305.64	268.79	253.62	253.98	263.87	255.27	251.71	257.31	220.77	180.74	176.16	144.96
	16.78	14.79	14.02	70.54	73.36	71.13	70.41	72.54	62.51	51.27	50.16	41.39
Key metrics
	—	—	—	—	—	—	582.41	569.03	496.08	466.00	446.11	362.14
	—	—	—	—	—	—	56.40%	54.10%	52.30%	50.20%	53.10%	49.30%
	22.20%	21.20%	23.00%	22.40%	23.50%	22.80%	24.40%	24.50%	23.30%	19.50%	21.00%	19.70%
	22.60%	13.30%	7.00%	7.90%	18.20%	20.70%	22.70%	43.00%	—	—	—	—
	15.80%	5.30%	0.80%	-1.30%	19.50%	41.20%	42.90%	77.50%	—	—	—	—

Metric	TTM	FY26	FY25	FY24
Income statement
	4,884	4,631	4,158	3,151
	22.74	18.96	11.04	6.74
	4,907	4,650	4,169	3,158
	3,477	3,278	2,858	2,348
	0.00	0.00	0.00	0.00
	0.00	0.00	0.00	0.00
	1,331	1,262	1,166	890.96
	1,032	976.67	821.96	619.75
	115.16	112.51	94.37	136.42
	613.80	555.84	463.47	660.76
	1,430	1,371	1,311	809.86
	0.00	0.00	0.00	0.00
	1,430	1,371	1,311	809.86
	362.74	344.71	333.24	—
	1,082	1,040	985.06	624.84
	116.13	57.59	276.66	177.97
Key metrics
	—	—	—	1,566
	—	—	—	49.70%
	22.15%	22.50%	23.70%	19.80%
	12.91%	11.40%	32.00%	—
	5.24%	5.60%	57.60%	—
	—	-3,042	-404.20	—
	—	-2.90	-0.38	—
	—	0.24	0.32	—
	—	420.64	576.56	—
Balance sheet
	—	34,491	28,388	—
	—	580.98	532.58	—
	—	997.29	749.81	—
	—	0.00	0.00	—
	—	210.81	221.43	—
	—	1,002	1,109	—
	—	4,123	3,493	—
Cash flow
	—	-3,014	-371.10	—
	—	-127.65	-65.22	—
	—	3,181	600.53	—
	—	28.68	33.10	—

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24	Q2 FY24
Income statement
	424.33	172.14	403.64	187.73	422.44	217.72	385.18	515.55	235.93	215.39	186.52	126.36
	6.54	8.01	2.86	4.28	3.21	2.69	0.17	0.00	0.00	0.01	0.00	0.01
	430.87	180.15	406.50	192.01	425.65	220.41	385.35	515.55	235.93	215.40	186.52	126.37
	173.87	160.04	109.31	129.69	200.55	183.89	165.95	177.91	171.34	176.96	148.85	114.83
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	68.74	62.73	37.42	52.97	66.09	58.13	66.32	81.95	72.92	55.01	55.42	45.04
	23.97	14.83	13.62	13.88	51.93	25.67	27.34	29.09	29.28	24.61	20.35	15.78
	3.70	3.87	4.64	4.33	3.96	4.22	4.05	3.97	3.77	25.71	28.93	7.79
	76.81	50.75	52.70	54.81	73.71	85.85	68.31	66.65	62.63	64.28	44.96	44.98
	257.00	20.11	297.19	62.32	225.10	36.52	219.40	337.64	64.59	38.44	37.67	11.54
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	257.00	20.11	297.19	62.32	225.10	36.52	219.40	337.64	64.59	38.44	37.67	11.54
	2.30	1.00	16.90	15.97	3.62	9.05	—	—	—	—	—	—
	254.70	19.11	280.29	46.35	221.48	27.47	206.86	316.84	46.54	31.50	30.97	11.43
	13.98	1.05	15.48	12.87	61.55	7.65	57.77	89.21	13.16	8.93	8.81	3.26
Key metrics
	—	—	—	—	—	—	250.79	370.70	97.64	88.76	86.95	35.11
	—	—	—	—	—	—	65.10%	71.90%	41.40%	41.20%	46.60%	27.80%
	60.00%	11.10%	69.40%	24.70%	52.40%	12.60%	53.70%	61.50%	19.70%	14.60%	16.60%	9.00%
	0.40%	-20.90%	4.80%	-63.60%	79.10%	1.10%	106.50%	308.00%	—	—	—	—
	15.00%	-30.40%	35.50%	-85.40%	375.90%	-12.80%	567.90%	2,672.00%	—	—	—	—

Metric	TTM	FY26	FY25	FY24
Income statement
	1,188	1,186	1,354	653.79
	21.69	18.36	2.86	0.10
	1,210	1,204	1,357	653.89
	572.91	599.59	699.09	546.36
	0.00	0.00	0.00	0.00
	0.00	0.00	0.00	0.00
	221.86	219.21	279.32	194.06
	66.30	94.26	111.38	68.94
	16.54	16.80	16.01	73.49
	235.07	231.97	265.65	202.00
	636.62	604.72	658.15	107.53
	0.00	0.00	0.00	0.00
	636.62	604.72	658.15	107.53
	36.17	37.49	60.44	—
	600.45	567.23	597.71	98.09
	43.38	31.38	167.68	27.92
Key metrics
	—	—	—	249.96
	—	—	—	38.20%
	50.55%	47.80%	44.10%	15.00%
	-22.91%	-12.40%	107.20%	—
	-22.29%	-5.10%	509.30%	—
	—	-15.22	47.45	—
	—	-0.01	0.10	—
	—	0.07	0.22	—
	—	126.75	361.96	—
Balance sheet
	—	3,595	7,285	—
	—	13.31	72.71	—
	—	132.32	176.06	—
	—	0.00	0.00	—
	—	87.53	111.53	—
	—	140.06	434.67	—
	—	2,087	1,935	—
Cash flow
	—	-7.71	57.19	—
	—	166.41	395.39	—
	—	-218.10	-386.22	—
	—	7.51	9.74	—

Compounded growth

Standalone

Sales CAGR 3Y: —
Sales CAGR 5Y: —
Profit CAGR 3Y: —
Profit CAGR 5Y: —
Sales YoY (TTM): -22.91%
Profit YoY (TTM): -22.29%

Consolidated

Sales CAGR 3Y: —
Sales CAGR 5Y: —
Profit CAGR 3Y: —
Profit CAGR 5Y: —
Sales YoY (TTM): +12.91%
Profit YoY (TTM): +5.24%

Compounded from reported annual figures. We publish no share-price CAGR: our prices are as-traded, so one would be wrong across every split and bonus issue.

Shareholding as of 30 Sep 2026

Promoter holding: 53.40%

Quarter	September 2026	June 2026
Promoter %	53.40%	53.98%

Holder	Type	Holding	Previous	Change
PAGAC ECSTASY PTE LTD	Promoter	52.55%	53.12%	-0.57%
SMALLCAP WORLD FUND, INC	Public	4.87%	4.93%	-0.06%
KOTAK AGGRESSIVE HYBRID FUND	Public	3.87%	—	—
RASHESH CHANDRAKANT SHAH	Public	2.41%	2.39%	+0.02%
INVESCO INDIA ESG INTEGRATION STRATEGY FUND	Public	1.51%	—	—
MUKUL MAHAVIR AGRAWAL	Public	1.35%	1.37%	-0.02%
ST. JAMES'S PLACE EMERGING MARKETS EQUITY UNIT TRUST MANAGED BY WASATCH ADVISORS INC	Public	1.06%	—	—
ASIA PRAGATI STRATEGIC INVESTMENT FUND	Promoter Group	0.85%	0.86%	-0.01%

Public shareholders are disclosed individually only above 1%.

Peer comparison

Company	Mkt cap (₹ Cr)	Price (₹)	P/E	ROCE	Sales YoY	Profit YoY	1Y return
Billionbrains Garage Ventures Limited	1,29,989	207.20	48.27	29.40%	—	—	—
Motilal Oswal Financial Services Limited	61,021	1,012.00	22.58	—	+44.42% TTM	+33.22% TTM	+2.65%
360 ONE WAM LIMITED	43,647	1,070.00	35.01	—	+29.38% TTM	+10.69% TTM	-0.62%
Nuvama Wealth Management Limited	34,072	1,846.55	31.49	—	+12.91% TTM	+5.24% TTM	+29.07%
ANGEL ONE LIMITED	28,544	312.10	24.71	—	+21.25% TTM	+47.70% TTM	+23.81%
IIFL CAPITAL SERVICES LIMITED	11,025	349.40	17.95	—	+11.57% TTM	+4.74% TTM	+4.16%
Share India Securities Limited	4,007	183.10	10.99	—	—	—	-1.19%
ANAND RATHI SHARE AND STOCK BROKERS LIMITED	3,059	484.75	21.25	23.90%	—	—	-9.82%
Monarch Networth Capital Limited	2,770	349.30	48.98	25.60%	+27.10% TTM	+23.98% TTM	+12.95%
ALGOQUANT FINTECH LIMITED S	2,263	80.51	46.64	17.40%	+43.78% TTM	+272.95% TTM	+23.09%
Geojit Financial Services Limited	1,956	70.08	34.67	—	+0.45% TTM	-44.36% TTM	-3.31%
SMC Global Securities Limited	1,947	92.98	16.60	—	+18.19% TTM	+18.55% TTM	+38.67%
5paisa Capital Limited	1,528	325.85	36.56	—	+8.98% TTM	-11.61% TTM	—
DOLAT ALGOTECH LIMITED	1,062	60.36	7.36	19.80%	-11.33% TTM	-21.22% TTM	-22.33%
Systematix Corporate Services Ltd.	1,051	76.96	-693.00	—	+13.26% TTM	-102.77% TTM	-53.65%
DAM Capital Advisors Limited	984	139.20	28.94	—	-34.18% TTM	-69.75% TTM	-44.87%
Master Trust Ltd.	968	78.69	6.89	—	+17.50% TTM	+18.88% TTM	-39.61%
Arihant Capital Markets Ltd.	955	87.11	26.23	—	+22.20% TTM	+6.82% TTM	-13.62%
Emkay Global Financial Services Ltd	715	258.85	14.44	—	+63.62% TTM	+124.59% TTM	-16.50%
Aditya Birla Money Ltd S	620	109.80	11.29	—	+22.33% TTM	-3.02% TTM	-31.59%
Shardul Securities Ltd.	448	51.17	15.52	—	+89.35% TTM	+137.11% TTM	+7.55%
Pune E - Stock Broking Limited	407	256.70	—	17.30%	—	—	+18.65%
Indo Thai Securities Limited	388	29.23	21.13	—	+91.76% TTM	-13.71% TTM	-92.36%
Almondz Global Securities Limited	349	18.27	8.83	—	+37.47% TTM	+104.50% TTM	+1.39%
Shah Investor's Home Limited	295	139.65	—	—	—	—	—

Filings & corporate actions

Recent announcements

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Catalyst Trusteeship Ltd4 Nov 2026 · Insider Trading / SAST / Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
The Exchange has received the Disclosures of reasons for encumbrance by promoter of listed companies under Reg. 31(1) read with Regulation 28(3) of SEBI (SAST) Regulations, 2011 on November ....4 Nov 2026 · Insider Trading / SAST / Disclosures under Reg. 31(1) and 31(2) of SEBI (SAST) Regulations, 2011
The Exchange has received Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on November 03, 2026 for PAGAC Ecstasy Pte Ltd4 Nov 2026 · Insider Trading / SAST / Disclosures under Reg. 31(1) and 31(2) of SEBI (SAST) Regulations, 2011
Please find attached exchange intimation w.r.t. ESOP/ESAR Allotment.3 Nov 2026 · Company Update / Allotment of ESOP / ESPS
Nuvama Wealth Management Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 06/11/2026 ,inter alia, to consider and approve unaudited standalone ....2 Nov 2026 · Board Meeting / Board Meeting
Please find attached exchange intimation w.r.t Grant of approval to Nuvama Asset Management Limited, a wholly owned subsidiary of the Company by SEBI to establish Specialized Investment Fund19 Oct 2026 · Company Update / General
Please find attached Certificate under Regulation 74(5) of SEBI (DP) Regulations 20188 Oct 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Please find attached the reply to Volume Movement Letter6 Oct 2026 · Company Update / General
The Exchange has sought clarification from Nuvama Wealth Management Ltd on October 06, 2026, with reference to Movement in Volume.<BR><BR>The reply is awaited.6 Oct 2026 · Company Update / Clarification
PFA exchange intimation w.r.t Closure of Trading window30 Sep 2026 · Insider Trading / SAST / Closure of Trading Window
Please find attached Exchange Intimation for Voting results and Scrutinizer report of 33rd Annual General Meeting29 Sep 2026 · AGM/EGM / AGM
Please find attached exchange intimation of outcome of 33rd Annual General Meeting.28 Sep 2026 · AGM/EGM / AGM
Please find attached exchange Intimation w.r.t ESOP/ESAR Allotment21 Sep 2026 · Company Update / Allotment of ESOP / ESPS
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Catalyst Trusteeship Ltd12 Sep 2026 · Insider Trading / SAST / Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
The Exchange has received the Disclosures of reasons for encumbrance by promoter of listed companies under Reg. 31(1) read with Regulation 28(3) of SEBI (SAST) Regulations, 2011 on September ....11 Sep 2026 · Insider Trading / SAST / Disclosures under Reg. 31(1) and 31(2) of SEBI (SAST) Regulations, 2011
The Exchange has received Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on September 11, 2026 for PAGAC Ecstasy Pte Ltd11 Sep 2026 · Insider Trading / SAST / Disclosures under Reg. 31(1) and 31(2) of SEBI (SAST) Regulations, 2011
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for DB Trustees (Hong Kong) Ltd11 Sep 2026 · Insider Trading / SAST / Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
PFA exchange intimation w.r.t ESOP/ESAR allotment7 Sep 2026 · Company Update / Allotment of ESOP / ESPS
PFA exchange intimation w.r.t Investor Meet4 Sep 2026 · Company Update / Analyst / Investor Meet
PFA exchange intimation w.r.t Investor Meet4 Sep 2026 · Company Update / Analyst / Investor Meet
PFA exchange intimation w.r.t Investor Meet4 Sep 2026 · Company Update / Analyst / Investor Meet
PFA exchange intimation w.r.t Newspaper Publication4 Sep 2026 · Company Update / Newspaper Publication
PFA exchange intimation w.r.t Letter sent to Members of the Company.3 Sep 2026 · Company Update / General
PFA exchange intimation w.r.t Business Responsibility and Sustainability Reporting3 Sep 2026 · Others / Business Responsibility and Sustainability Reporting (BRSR)
PFA exchange intimation w.r.t Annual Report for FY 2026 and Notice of the 33rd Annual General Meeting3 Sep 2026 · AGM/EGM / AGM
PFA exchange intimation w.r.t Annual Report for FY 20263 Sep 2026 · Others / Reg. 34 (1) Annual Report
PFA exchange intimation w.r.t an update on material litigations2 Sep 2026 · Company Update / General
PFA exchange intimation w.r.t ESAR Grant.1 Sep 2026 · Company Update / General
PFA exchange intimation w.r.t to Newspaper Publication1 Sep 2026 · Company Update / Newspaper Publication
PFA Exchange Intimation w.r.t ESOP/ESAR Allotment24 Aug 2026 · Company Update / Allotment of ESOP / ESPS
PFA intimation w.r.t ESOP ESAR allotment6 Aug 2026 · Company Update / Allotment of ESOP / ESPS
PFA investor presentation in US Dollars5 Aug 2026 · Company Update / General
PFA transcript of earnings call5 Aug 2026 · Company Update / Earnings Call Transcript
PFA intimation wrt Investor Meet5 Aug 2026 · Company Update / Analyst / Investor Meet
PFA intimation wrt Investor Meet5 Aug 2026 · Company Update / Analyst / Investor Meet
PFA intimation wrt investor meet5 Aug 2026 · Company Update / Analyst / Investor Meet
PFA Scrutinizers Report2 Aug 2026 · AGM/EGM / Postal Ballot
PFA outcome of postal ballot2 Aug 2026 · AGM/EGM / Postal Ballot
PFA intimation w.r.t Earnings Conference Call31 Jul 2026 · Company Update / Analyst / Investor Meet
PFA intimation w.r.t Investor Presentation30 Jul 2026 · Company Update / Investor Presentation

Corporate actions

Purpose	Ex date	Record date	Payment date
Interim Dividend - Rs. - 14.0000	15 May 2026	15 May 2026	—
Stock Split From Rs.10/- to Rs.2/-	26 Dec 2025	26 Dec 2025	—
Interim Dividend - Rs. - 70.0000	11 Nov 2025	11 Nov 2025	—
Interim Dividend - Rs. - 69.0000	3 Jun 2025	3 Jun 2025	—
Interim Dividend - Rs. - 63.0000	7 Nov 2024	7 Nov 2024	—
Interim Dividend - Rs. - 81.5000	7 Aug 2024	7 Aug 2024	—

Board meetings

6 Nov 2026 Board Meeting - Financial Results
30 Jul 2026 Board Meeting - Financial Results