Nuvama Reports Sustained 9M FY26 Performance, Wealth Businesses posts strong growth

Nuvama Wealth Management Limited (NSE, BSE: NUVAMA), one of India’s leading Wealth Management companies, reported its financial results and business performance for the quarter ending 31stDecember 2025. 

Wealth businesses continue to deliver growth, supported by healthy client flows and consistent client engagement. Asset Services revenues grew by 7% QoQ led by improved client engagement and market share. Overall performance remained steady during the quarter, profit after tax grew by 4%YoYfor Q3 and 7% YoYin 9M FY26, reinforcing the resilience of our diversified platform. 

Nuvama Group’s Consolidated Performance

 

Particulars - ₹ Cr

Q3 FY25

Q3 FY26

YoY

%

9M FY25

9M FY26

YoY

%

Revenues

723

755

4%

 

2,130

2,297

8%

Costs

389

404

4%

 

1,155

1,262

9%

Operating Profit Before Tax (PBT)

333

351

5%

 

975

1,035

6%

Operating Profit After Tax (PAT)

252

262

4%

 

731

780

7%

Exceptional Items (Net of Taxes)1

 

-

8

-

 

-

8

-

Profit After Tax

 

252

254

1%

 

731

772

6%

 

1.      Exceptional Items: One-time statutory impact of New Labour Codes  

Commenting on the performance Ashish Kehair, MD & CEO of Nuvama Group said, “At Nuvama, we have organically scaled our businesses over the last two to three years. This diversified and synergistic platform has improved resilience and positioned us to deliver growth across cycles. Our 9M FY26, PAT stood at ₹780 crore, up 7% YoY. 

The Wealth business posted a strong 23% YoY profit growth in 9M, reflecting momentum across both segments. We are continuing to invest in capacity, network, value proposition, technology and brand to scale reach, deepen engagement and enhance productivity.The Asset Management business has grown meaningfully, with AUM increasing 2.5x over the last three years to approach ~₹13KCr. Going forward, we will continue to scale this platform by expanding our asset class offerings and launching new schemes, while exploring a range of strategies, including inorganic, to further grow the platform.Driven by a differentiated value proposition, the Asset Services business added new clients, scaled activity with existing relationships and gained market share in the domestic PMS and AIF segment, reinforcing both growth and resilience.While Capital Markets volumes remained moderated, early signs of recovery are visible.The Fixed Income business continued to deliver stable performance, providing balance to the overall segment.” 

Key Highlights 

1.      Wealth Management

a)      Revenues: ₹430 Cr in Q3, grew by 18%YoY and₹1,245 Cr in 9M, grew by 21% YoY

b)      PBT: ₹153 Cr in Q3, grew by 23%YoY and₹427 Cr in 9M, grew by23% YoY

c)      Client Assets: Stood at₹3,29,047 Cr as at end of Q3, grew by 6% YoY

d)     Nuvama Wealth:

o   Revenues: ₹248 Cr in Q3, grew by 18% YoY. Growth led by MPIS and strong momentum in lending book

o   PBT: ₹87 Cr in Q3, grew by 26% YoY

o   Net flows:9Mnet flows from MPIS remain strong at ₹6,545 Cr, grew by 28% YoY led by sustained healthy flows in managed products

e)      Nuvama Private:

o   Revenues: ₹182 Cr in Q3, grew by 19% YoY, driven by ARR revenues, which grew by 45% YoY

o   PBT: ₹66 Cr in Q3, grew by 20% YoY

o   Net flows: 9MARR net flows remained strong at ₹6,944 Cr


2.      Asset Management

a)    Management fee: ₹20 Cr in Q3, grew by 33% YoY, ₹55 Cr in 9M, grew by 30% YoY

b)    Closing AUM stood at ₹12,605 Cr as at end of Q3, grew by 12% YoY

c)    Commercial Real Estate Strategy AUM stood at ~₹3,000 Cr as at the end of Q3, grew by 72% YoY, on track for final closure in Q4

d)    Mutual fund license: Received in-principle approval to act as sponsor in October 2025, on track to launch SIF schemes by early next year, subject to regulatory approvals. 

3.      Asset Services and Capital Markets

a)      Revenues:

o   Asset Services: ₹172Cr in Q3, grew by 7% QoQ and remained steady YoY,reflecting underlying business strength, robust client engagement and growth across both - international and domestic client segments

o   Capital Markets: ₹138Cr in Q3, lowerby 21% YoY. Fixed Income revenue continues to witness strong flows led by active FPI participation and increased domestic client engagement

b)      PBT: ₹206Cr in Q3

c)      Client Assets(Asset Services): ₹1,20,302Cr as at end of Q3

 

Comments

Post a Comment

Popular posts from this blog

Coimbatore Ikons, Municipal Corporation, and TANKER Foundation Unite for a Brighter Future

Image
Rotary Coimbatore Ikons, in partnership with Coimbatore City Municipal Corporation and The TANKER Foundation, signed a memorandum of understanding (MOU) on February 18 to establish a dialysis center in Coimbatore. This center will offer free and subsidized dialysis to those in financial need. The signing event was attended by several officials and members from the Rotary Coimbatore Ikons and sister clubs. The TANKER Foundation is a non-profit organization founded in June 1993, focused on providing subsidized dialysis and financial aid for kidney disease-related expenses to underprivileged patients. They also conduct awareness programs and screening camps for early kidney disease detection. Over 31 years, TANKER has delivered 743,805 dialysis sessions to 2,981 patients and provided Rs. 4. 40 Crores in financial support for 5,257 patients’ treatment costs.
Read more

INAUGURATION OF A NEW HAEMODIALYSIS MACHINE FOR THE REKHA MEMORIAL RENNY ABRAHAM AMBATTUR ROTARY TANKER DIALYSIS UNIT

Image
  17 th  February 2024    TANKER Foundation runs 14 dialysis units, 11 in Chennai and one each in Madurai, Vellore and Tiruppur.  The Ambattur dialysis unit is supported by the Ambattur Rotary Club and Hospital, the CMCHIS and many valuable donors.    M/s. Kotak Mahindra Life Insurance Company Ltd have donated 1 dialysis machine and 3 defibrillators. The machine was inaugurated by   Mr. Clement Williams, Senior Vice President- FIG   and  Mr. Pawan Soni ,Chief Manager - CSR   . Mr Williams said that he had first hand experience with kidney disease and was very appreciative of the TANKER Team work. Mr Soni said that they were happy to be associated with TANKER and hoped to do more. T his generous donation will benefit all our underprivileged patients.   Mrs Latha Kumaraswami, Managing Trustee of TANKER Foundation said that every donation was precious and  conveyed TANKER's grateful thanks to   M...
Read more

CME on Kidney Health for All

Image
The key takeaways for people at the CME programme held Sunday November 26, 2023, with the theme ‘Kidney Health for All’ were exercise and diet, awareness, screening and timely check-ups to prevent chronic kidney disease (CKD).   Participating as the Chief Guest, Tamil Nadu Health Secretary, Mr. Gagandeep Singh Bedi, IAS, laid stress on the fact that kidney disease was increasing and there was a need for addressing the issue. He drew attention to the fact that the Tamil Nadu government scheme, ‘Makkalai Thedi Maruthuvam’, (Taking Healthcare to People), checked 1 crore people for sugar and BP and the number of new cases was alarming. These are the two major reasons for kidney disease, diabetes and hypertension and so he advised eating the right kind of food, doing regular exercise and creating awareness and screening. He praised the work of Good Samaritans like TANKER Foundation, Kidney Warriors, MOHAN Foundation and Nephroplus who were involved in raising awareness on kidney health....
Read more