Nuvama Wealth Management Ltd (NSE:NUVAMA)
₹ 1,676.1 -18.1 (-1.07%) Market Cap: 305.82 Bil Enterprise Value: 184.55 Bil PE Ratio: 28.88 PB Ratio: 7.40 GF Score: 27/100

Full Year 2026 Nuvama Wealth Management Ltd Earnings Call Transcript

May 12, 2026 / 10:59 AM GMT
Release Date Price: ₹1548.2 (-3.16%)

Key Points

Positve
  • Nuvama Wealth Management Ltd (BOM:543988) reported a 23% growth in profits from wealth management, showcasing strong performance in this segment.
  • The company's asset services business recovered fully and performed ahead of expectations after challenges in Q1.
  • Nuvama Wealth Management Ltd (BOM:543988) achieved a 38% growth in Managed Products and Investment Solutions (MPIS) revenue, indicating robust demand.
  • The loan book grew by 27% year-on-year, reflecting increased focus and successful execution in lending.
  • The company maintained a healthy operating profit margin, crossing the 1,000 crore mark, and declared a dividend of 14 rupees per share, consistent with its dividend distribution policy.
Negative
  • Net interest income did not grow in line with the loan book due to ECL provisioning and market volatility, indicating potential challenges in aligning revenue growth with asset growth.
  • The capital market segment witnessed moderation, with equity cash ADT declining by 6% and futures ADT by 14%, reflecting broader market challenges.
  • The company's cost to income ratio increased slightly from 55% to 56% due to composition changes, indicating potential pressure on operational efficiency.
  • Despite strong growth in some areas, the public market segment saw flat net flows due to market volatility, highlighting challenges in attracting new investments.
  • The company faces competition from new entrants making lofty promises to relationship managers, which could impact talent retention and acquisition.


Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

NUVA.NS - Nuvama Wealth Management Ltd
Full Year 2026 Nuvama Wealth Management Ltd Earnings Call
May 12, 2026 / NTS GMT

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Presentation
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Unidentified_1 [1]
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Ladies and gentlemen, good day and welcome to the Novama Wealth Management Limited Q4 and SY26 Earnings Conference Call. As a reminder, all participant clients will be in the listen-only mode and there will be an opportunity for you to ask questions after the presentation concludes.

Should you need assistance during this conference, please signal an operator by pressing then 0 on your touchtone phone.

Please note that this conference is being recorded.

I now hand the conference over to Mr. Ashish Teher, M.D. And CEO, for his opening remarks.

Thank you, and over to you, sir.

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