About Nuvama
Nuvama is a publicly listed company based in Mumbai (India) founded in 2008, and was acquired by PAG in March 2021. An integrated wealth management platform is operated by Nuvama. It operates on a Professional Services model. The company has 3,900 employees. Its chief executive, as recorded, is Rahul Jain. Its website nuvama.com draws about 26 thousand monthly visits. Its Indian entity Nuvama Wealth Management Limited reported revenue of βΉ4,663 Cr. Nuvama offers products and services including Wealth Management, Asset Management, and Capital Markets. Its focus areas include Financials, Asset Management and Wealth Management. Its competitors include Centricity and 360 One; 1 of its 2 listed competitors has raised funding.
Company details
A comprehensive wealth management platform is provided by Nuvama, focusing on personalized financial solutions for affluent individuals, high-net-worth clients, family offices, and institutional investors. Services are extended across wealth management, asset management, and capital markets, catering to diverse needs with a client-first approach. Operations are supported by advanced technology platforms and strategic alliances, ensuring scalability and low latency. The company is backed by PAG, a leading Asia-focused investment firm, and upholds the legacy of Edelweiss, a prominent Indian financial conglomerate. Activities are centered in multiple global locations, addressing both domestic and international markets.
- Headquarters Mumbai, India
- Employees 3,900
- Stage Public
- SectorsTechnology
- Website category Finance · Investing
- Emailβ’β’β’β’β’β’β’β’
- Phoneβ’β’β’β’ β’β’β’β’
- Website nuvama.com
- Social LinkedIn X Facebook
- Acquired by PAG (Mar 2021)
- Legal Name Nuvama Wealth Management Limited
Associated legal entities of Nuvama
Nuvama is associated with 4 registered companies on The Company Check; the primary company is Nuvama Wealth Management Limited, a listed company. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2026) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Nuvama Wealth Management Limited Listed CIN L67110MH1993PLC344634 | Active | 20 Aug 1993 | Mumbai, Maharashtra | ₹4,663 Cr | 235 | 11 | View details |
| Edelweiss Business Services Limited CIN U65990MH2005PLC154276 | Amalgamated | 28 Jun 2005 | Mumbai, Maharashtra | ₹3,158 Cr | 350 | 3 | View details |
| Nuvama Clearing Services Limited CIN U51109MH2008PLC187594 | Active | 16 Oct 2008 | Mumbai, Maharashtra | ₹1,011 Cr | 98 | 9 | View details |
| Nuvama Wealth And Investment Limited CIN U65100MH2008PLC425999 | Active | 07 Feb 2008 | Mumbai, Maharashtra | ₹336 Cr | 1,968 | 10 | View details |
Products & Services of Nuvama
Nuvama offers a comprehensive portfolio of products and services, including Wealth Management, Asset Management, and Capital Markets.
Personalized financial solutions are provided for diverse clients.
Long-term value creation is targeted through asset management.
Market access and trading services are offered to funds.
Funding Insights of Nuvama
- Total Rounds 1
All 1 funding rounds of Nuvama with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug 2024 | Unspecified | β | β | β |
1 investors in total: 1 institutional.
Investors in Nuvama
Nuvama has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include PAG.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Alternative investment firm | pag.com |
Investor details for Nuvama
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Nuvama Wealth Management Limited (Nuvama)
Nuvama Wealth Management Limited is the primary company behind Nuvama. The boards of the 4 registered companies of Nuvama currently have 18 directors; the longest-serving is Ajay Manglunia, appointed in 2014. 108 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Ajay Manglunia DIN 02861202 | Director | 16 May 2014 | 12 yrs 5 mo | Edelweiss Business Services Limited |
| Kalpana Maniar Kiran DIN 00719180 | Director | 30 Mar 2017 | 9 yrs 6 mo | Edelweiss Business Services Limited |
| Phanindranath Kakarla DIN 02076676 | Director | 30 Mar 2017 | 9 yrs 6 mo | Edelweiss Business Services Limited |
| Shiv Sehgal DIN 07112524 | Director | 06 Dec 2019 | 6 yrs 10 mo | Nuvama Clearing Services Limited, Nuvama Wealth Management Limited |
| Ashish Kehair DIN 07789972 | Nominee Director | 19 Mar 2021 | 5 yrs 7 mo | Nuvama Wealth And Investment Limited, Nuvama Wealth Management Limited |
| Nikhil Kumar Srivastava DIN 07308617 | Nominee Director | 19 Mar 2021 | 5 yrs 7 mo | Nuvama Wealth Management Limited |
| Anisha Motwani DIN 06943493 | Director | 30 Jul 2021 | 5 yrs 2 mo | Nuvama Wealth Management Limited |
| Rahul Jain DIN 00387505 | Managing Director | 31 Dec 2021 | 4 yrs 9 mo | Nuvama Wealth And Investment Limited |
| Aswin Vikram DIN 08895013 | Director | 11 Jan 2022 | 4 yrs 9 mo | Nuvama Wealth Management Limited |
| Birendra Kumar DIN 00163054 | Director | 17 Feb 2022 | 4 yrs 8 mo | Nuvama Wealth And Investment Limited, Nuvama Clearing Services Limited, Nuvama Wealth Management Limited |
| Udit Sureka DIN 02190342 | Whole-time director | 04 Apr 2022 | 4 yrs 6 mo | Nuvama Clearing Services Limited |
| Neetu Ranka DIN 10081505 | Director | 26 Apr 2023 | 3 yrs 5 mo | Nuvama Wealth And Investment Limited |
| Arbinda Chintamani Ghimire DIN 06530441 | Whole-time director | 08 May 2023 | 3 yrs 5 mo | Nuvama Clearing Services Limited |
| Kamlesh Shivji Vikamsey DIN 00059620 | Director | 18 Aug 2023 | 3 yrs 2 mo | Nuvama Wealth And Investment Limited, Nuvama Wealth Management Limited |
| Alok Saigal DIN 08543458 | Whole-time director | 06 May 2024 | 2 yrs 5 mo | Nuvama Wealth And Investment Limited |
| Riyaz Noshir Marfatia DIN 07120715 | Director | 04 Jun 2024 | 2 yrs 4 mo | Nuvama Clearing Services Limited |
| Sneha Amit Patwardhan DIN 09592204 | Director | 05 Sep 2024 | 2 yrs 1 mo | Nuvama Clearing Services Limited |
| Sameer Ambarish Kaji DIN 00172458 | Director | 10 Dec 2024 | 1 yr 10 mo | Nuvama Wealth And Investment Limited, Nuvama Wealth Management Limited |
People of Nuvama
17 people are tracked at Nuvama (16 in leadership, 1 in team); the tracked headcount is 3,900.
| Name | Role | Group |
|---|---|---|
| CEO & President | Leadership | |
| CEO & Managing Director | Leadership | |
Himanshu Jain | Chief Manager | Leadership |
Abhisek Agarwal | Executive Vice President | Leadership |
Santosh Kumar Pandey | President & Head, Nuvama Professional Clients Group | Leadership |
Bhooshan Jogdand | Head Algo Product & Technology | Leadership |
Dr.bharat Satyanarayan | Vice President | Leadership |
Ravi Chandran | Deputy Vice President | Leadership |
Shashi Gupta | Assitanant Vice President | Leadership |
Ketan Malkan | Executive Vice President | Leadership |
Deepak Singh | Vice President | Leadership |
Jay Doshi | Deputy Vice President | Leadership |
Chirag Hans | Vice President | Leadership |
Vivek Prakash Khanna | Executive Vice President | Leadership |
Kusal Kansara | Head-algo Desk | Leadership |
Komal Kumrah | HR Business Partner At Nuvama Professional Clients Group | Leadership |
Jitendra Pareek | Risk Management | Team |
Complete people profiles for Nuvama
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
IPO & Listings of Nuvama
Nuvama is a publicly listed company on the NSE with ticker symbol NUVAMA in India, operating in the Finance sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date26 Sep 2023
- Listed onBSE: 543988 · NSE: NUVAMA
- Listed entityNuvama Wealth Management Limited
- Exchange sectorFinance
- ISININE531F01023
- Share price₹1,781.00 (-1.48% on the day) · 2026-10-14
- Market capitalisation₹33,357 Cr
- Price to earnings30.7
- EPS (diluted, trailing year)₹57.99
- Dividend yield1.5%
- Volume (last session)249,967
Financials of Nuvama
Exchange-reported figures of Nuvama Wealth Management Limited, the listed company behind Nuvama (NSE: NUVAMA).
Financial Highlights
FY 2025-26 Β· ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 4,631 | 4,162 | 3,156 | 2,223 | 1,778 | 1,384 | 780 |
| Revenue growth | +11.3% | +31.9% | +42.0% | +25.0% | +28.5% | +77.4% | - |
| EBITDA | 2,441 | 2,220 | 1,565 | 883 | 646 | (192) | 499 |
| EBITDA margin | +52.7% | +53.3% | +49.6% | +39.7% | +36.3% | -13.9% | +63.9% |
| Profit before tax | 1,385 | 1,318 | 812 | 406 | 935 | (417) | 360 |
| Net profit | 1,041 | 986 | 626 | 305 | 278 | 103 | 281 |
| Net profit margin | +22.5% | +23.7% | +19.8% | +13.7% | +15.6% | +7.5% | +36.0% |
| EPS (βΉ) | 56.06 | 274.14 | 177.10 | 87.03 | 246.90 | (136.78) | 109.09 |
| Balance sheet | |||||||
| Total assets | 15,667 | 11,332 | 9,645 | 7,672 | 5,462 | 3,037 | 2,541 |
| Net worth | 4,121 | 3,490 | 2,895 | 2,254 | 1,913 | 1,609 | 1,083 |
| Total debt | 11,544 | 7,839 | 6,746 | 5,413 | 3,549 | 1,428 | 1,287 |
| Cash & bank | 21,971 | 20,235 | 12,613 | 5,328 | 4,649 | 4,554 | 2,980 |
| Net working capital | 7,330 | 6,164 | 4,261 | 3,639 | 2,201 | 1,292 | 1,031 |
| Cash flow | |||||||
| Cash from operations | (3,014) | (373) | (1,658) | (1,865) | (1,425) | (1,108) | (500) |
| Cash from investing | (119) | (61.90) | (79.02) | (173) | (80.51) | (124) | (112) |
| Cash from financing | 3,181 | 601 | 1,316 | 1,825 | 2,139 | 877 | 235 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,376 | 1,269 | 1,104 | 1,135 | 1,123 | 1,120 | 1,034 | 1,053 |
| Revenue growth (YoY) | +22.6% | +13.3% | +6.8% | +7.8% | +18.2% | - | - | - |
| Other income | 8.19 | 20.28 | 1.79 | 7.82 | 3.48 | 8.72 | 1.22 | 3.74 |
| EBITDA | 724 | 629 | 607 | 593 | 612 | 575 | 582 | 565 |
| EBITDA margin | +52.6% | +49.5% | +55.0% | +52.3% | +54.5% | +51.3% | +56.2% | +53.6% |
| Depreciation | 26.92 | 36.21 | 26.64 | 25.39 | 24.27 | 28.67 | 24.04 | 21.49 |
| Interest | 295 | 258 | 242 | 237 | 240 | 215 | 225 | 200 |
| Profit before tax | 411 | 355 | 340 | 339 | 351 | 340 | 334 | 347 |
| Tax | 105 | 86.25 | 86.36 | 85.25 | 86.85 | 84.79 | 82.37 | 90.03 |
| Net profit | 306 | 269 | 254 | 254 | 264 | 255 | 252 | 257 |
| EPS (βΉ) | 16.34 | 14.40 | 13.62 | 68.14 | 70.70 | 69.06 | 68.55 | 70.45 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 1,186 | 1,354 | 654 | 351 | 361 | 565 | 348 |
| Revenue growth | -12.4% | +107.1% | +86.5% | -2.7% | -36.1% | +62.2% | - |
| EBITDA | 697 | 783 | 250 | 40.38 | 59.04 | 185 | 165 |
| EBITDA margin | +58.8% | +57.8% | +38.2% | +11.5% | +16.4% | +32.8% | +47.4% |
| Profit before tax | 605 | 658 | 108 | 7.10 | 184 | 72.17 | 80.15 |
| Net profit | 567 | 597 | 98.19 | 6.34 | 40.73 | 194 | 61.75 |
| Net profit margin | +47.8% | +44.1% | +15.0% | +1.8% | +11.3% | +34.4% | +17.7% |
| EPS (βΉ) | 30.54 | 166.15 | 27.78 | 1.80 | 109.45 | 18.28 | 23.64 |
| Balance sheet | |||||||
| Total assets | 3,196 | 2,692 | 2,327 | 1,942 | 1,592 | 1,527 | 1,090 |
| Net worth | 2,087 | 1,935 | 1,732 | 1,627 | 1,592 | 1,479 | 415 |
| Total debt | 1,109 | 757 | 595 | 316 | 0.00 | 48.48 | 675 |
| Cash & bank | 607 | 649 | 828 | 374 | 350 | 198 | 381 |
| Net working capital | 1,447 | 1,159 | 841 | 446 | 224 | 260 | 419 |
| Cash flow | |||||||
| Cash from operations | (7.71) | 57.19 | (172) | (270) | 178 | 301 | 219 |
| Cash from investing | 166 | 395 | (81.96) | (82.22) | (130) | (500) | (247) |
| Cash from financing | (218) | (386) | 252 | 286 | (3.95) | 175 | 18.72 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 424 | 172 | 404 | 188 | 422 | 218 | 385 | 516 |
| Revenue growth (YoY) | +0.5% | -20.9% | +4.8% | -63.6% | +79.1% | - | - | - |
| Other income | 6.54 | 8.01 | 2.86 | 4.28 | 3.21 | 2.69 | 0.17 | 0.00 |
| Total expenses | 146 | 141 | 91.05 | 111 | 145 | 154 | 135 | 145 |
| EBITDA | 278 | 30.80 | 313 | 76.25 | 278 | 63.72 | 251 | 371 |
| EBITDA margin | +65.5% | +17.9% | +77.4% | +40.6% | +65.8% | +29.3% | +65.1% | +71.9% |
| Depreciation | 3.70 | 3.87 | 4.64 | 4.33 | 3.96 | 4.22 | 4.05 | 3.97 |
| Interest | 23.97 | 14.83 | 13.62 | 13.88 | 51.93 | 25.67 | 27.34 | 29.09 |
| Profit before tax | 257 | 20.11 | 297 | 62.32 | 225 | 36.52 | 219 | 338 |
| Tax | 2.30 | 1.00 | 16.90 | 15.97 | 3.62 | 9.05 | 12.54 | 20.80 |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,376 | 1,269 | 1,104 | 1,135 | 1,123 | 1,120 | 1,034 | 1,053 |
| Revenue growth (YoY) | +22.6% | +13.3% | +6.8% | +7.8% | +18.2% | - | - | - |
| Other income | 8.19 | 20.28 | 1.79 | 7.82 | 3.48 | 8.72 | 1.22 | 3.74 |
| EBITDA | 724 | 629 | 607 | 593 | 612 | 575 | 582 | 565 |
| EBITDA margin | +52.6% | +49.5% | +55.0% | +52.3% | +54.5% | +51.3% | +56.2% | +53.6% |
| Depreciation | 26.92 | 36.21 | 26.64 | 25.39 | 24.27 | 28.67 | 24.04 | 21.49 |
| Interest | 295 | 258 | 242 | 237 | 240 | 215 | 225 | 200 |
| Profit before tax | 411 | 355 | 340 | 339 | 351 | 340 | 334 | 347 |
| Tax | 105 | 86.25 | 86.36 | 85.25 | 86.85 | 84.79 | 82.37 | 90.03 |
| Net profit | 306 | 269 | 254 | 254 | 264 | 255 | 252 | 257 |
| EPS (βΉ) | 16.34 | 14.40 | 13.62 | 68.14 | 70.70 | 69.06 | 68.55 | 70.45 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 4,631 | 4,162 | 3,156 | 2,223 | 1,778 | 1,384 | 780 |
| Revenue growth | +11.3% | +31.9% | +42.0% | +25.0% | +28.5% | +77.4% | - |
| Other income | 32.78 | 14.39 | 3.56 | 8.04 | 638 | 71.84 | 75.86 |
| Total expenses | 2,189 | 1,942 | 1,592 | 1,340 | 1,132 | 1,576 | 281 |
| Employee cost | 0.00 | 1,166 | 891 | 729 | 600 | 502 | 110 |
| EBITDA | 2,441 | 2,220 | 1,565 | 883 | 646 | (192) | 499 |
| EBITDA margin | +52.7% | +53.3% | +49.6% | +39.7% | +36.3% | -13.9% | +63.9% |
| Depreciation | 113 | 94.37 | 136 | 88.58 | 71.32 | 50.11 | 14.57 |
| Interest | 977 | 822 | 620 | 396 | 278 | 246 | 200 |
| Profit before tax | 1,385 | 1,318 | 812 | 406 | 935 | (417) | 360 |
| Tax | 345 | 333 | 187 | 101 | 77.98 | 58.21 | 73.90 |
| Net profit | 1,041 | 986 | 626 | 305 | 278 | 103 | 281 |
| Net profit margin | +22.5% | +23.7% | +19.8% | +13.7% | +15.6% | +7.5% | +36.0% |
| EPS (βΉ) | 56.06 | 274.14 | 177.10 | 87.03 | 246.90 | (136.78) | 109.09 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 36.41 | 35.97 | 35.31 | 35.06 | 17.17 | 17.17 | 26.21 |
| Reserves & surplus | 4,084 | 3,454 | 2,859 | 2,219 | (348) | (652) | 1,056 |
| Shareholders' funds (net worth) | 4,121 | 3,490 | 2,895 | 2,254 | 1,913 | 1,609 | 1,083 |
| Minority interest | 2.21 | 2.97 | 4.08 | 4.56 | 0.00 | 0.00 | 171 |
| Secured loans | 7,361 | 5,941 | 4,875 | 4,202 | 2,381 | 1,027 | 595 |
| Unsecured loans | 4,183 | 1,898 | 1,871 | 1,211 | 1,168 | 401 | 692 |
| Total debt | 11,544 | 7,839 | 6,746 | 5,413 | 3,549 | 1,428 | 1,287 |
| Total liabilities | 15,667 | 11,332 | 9,645 | 7,672 | 5,462 | 3,037 | 2,541 |
| Assets | |||||||
| Gross block | 766 | 696 | 637 | 518 | 389 | 293 | 134 |
| Net block | 280 | 312 | 290 | 284 | 219 | 162 | 108 |
| Capital work in progress | 8.86 | 5.14 | 7.68 | 25.09 | 17.76 | 22.39 | 4.45 |
| Investments | 358 | 221 | 170 | 170 | 70.20 | 24.66 | 665 |
| Inventories | 1,702 | 1,434 | 738 | 1,310 | 890 | 207 | 213 |
| Sundry debtors | 997 | 750 | 639 | 890 | 892 | 272 | 349 |
| Cash & bank balances | 21,971 | 20,235 | 12,613 | 5,328 | 4,649 | 4,554 | 2,980 |
| Loans & advances | 1,484 | 800 | 1,014 | 1,155 | 906 | 673 | 158 |
| Total current assets | 26,154 | 23,220 | 15,004 | 8,683 | 7,338 | 5,706 | 3,700 |
| Total current liabilities | 18,825 | 17,056 | 10,743 | 5,044 | 5,136 | 4,414 | 2,669 |
| Net working capital | 7,330 | 6,164 | 4,261 | 3,639 | 2,201 | 1,292 | 1,031 |
| Total assets | 15,667 | 11,332 | 9,645 | 7,672 | 5,462 | 3,037 | 2,541 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 533 | 367 | 788 | 1,000 | 368 | 722 | 1,098 |
| Net cash from operating activities | (3,014) | (373) | (1,658) | (1,865) | (1,425) | (1,108) | (500) |
| Net cash from investing activities | (119) | (61.90) | (79.02) | (173) | (80.51) | (124) | (112) |
| Net cash from financing activities | 3,181 | 601 | 1,316 | 1,825 | 2,139 | 877 | 235 |
| Net change in cash | 48.40 | 166 | (422) | (212) | 633 | (354) | (376) |
| Closing cash | 21,971 | 20,235 | 12,613 | 5,328 | 4,649 | 4,554 | 2,980 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +11.3% | +31.9% | +42.0% | +25.0% | +28.5% | +77.4% | - |
| EBITDA growth | +10.0% | +41.9% | +77.2% | +36.7% | +436.2% | -138.5% | - |
| PBT growth | +5.1% | +62.4% | +100.0% | -56.6% | +9998.0% | - | +9997.0% |
| Net income growth | +5.6% | +57.5% | +105.3% | +9.7% | +168.7% | -63.2% | - |
| Revenue CAGR (3Y) | +27.7% | +32.8% | +31.6% | +41.8% | - | - | - |
| EBITDA CAGR (3Y) | +40.4% | +50.9% | - | +21.0% | - | - | - |
| Profitability & leverage | |||||||
| Net income margin | +22.5% | +23.7% | +19.8% | +13.7% | +48.2% | -34.3% | +36.7% |
| Return on capital employed | - | +20.5% | +15.9% | +10.9% | +12.3% | 0.0% | +24.0% |
| Return on net worth | - | +31.1% | +21.5% | +10.5% | +12.4% | 0.0% | +27.2% |
| Debt / equity | - | 2.30 | 2.38 | 2.18 | 1.44 | 1.03 | 1.22 |
| Long-term debt / equity | - | 1.56 | 1.54 | 1.39 | 1.03 | 0.89 | 0.87 |
| Interest cover | 41.94 | 38.66 | 43.39 | 49.90 | 48.34 | -101.67 | 41.36 |
| Efficiency & per share | |||||||
| Fixed asset turnover | - | 6.48 | 5.72 | 5.29 | 7.86 | 8.07 | 8.38 |
| Inventory turnover | - | 3.85 | 3.09 | 2.03 | 4.41 | 6.93 | 4.02 |
| Debtors turnover | - | 6.01 | 4.13 | 2.50 | 4.15 | 4.69 | 2.45 |
| EPS (βΉ) | 56.06 | 274.14 | 177.10 | 87.03 | 246.90 | (136.78) | 109.09 |
| Dividend per share (βΉ) | 14.00 | 144.50 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (βΉ) | 0.00 | 964.79 | 813.95 | 634.30 | (99.63) | (187.54) | 400.89 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 424 | 172 | 404 | 188 | 422 | 218 | 385 | 516 |
| Revenue growth (YoY) | +0.5% | -20.9% | +4.8% | -63.6% | +79.1% | - | - | - |
| Other income | 6.54 | 8.01 | 2.86 | 4.28 | 3.21 | 2.69 | 0.17 | 0.00 |
| Total expenses | 146 | 141 | 91.05 | 111 | 145 | 154 | 135 | 145 |
| EBITDA | 278 | 30.80 | 313 | 76.25 | 278 | 63.72 | 251 | 371 |
| EBITDA margin | +65.5% | +17.9% | +77.4% | +40.6% | +65.8% | +29.3% | +65.1% | +71.9% |
| Depreciation | 3.70 | 3.87 | 4.64 | 4.33 | 3.96 | 4.22 | 4.05 | 3.97 |
| Interest | 23.97 | 14.83 | 13.62 | 13.88 | 51.93 | 25.67 | 27.34 | 29.09 |
| Profit before tax | 257 | 20.11 | 297 | 62.32 | 225 | 36.52 | 219 | 338 |
| Tax | 2.30 | 1.00 | 16.90 | 15.97 | 3.62 | 9.05 | 12.54 | 20.80 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 1,186 | 1,354 | 654 | 351 | 361 | 565 | 348 |
| Revenue growth | -12.4% | +107.1% | +86.5% | -2.7% | -36.1% | +62.2% | - |
| Other income | 18.36 | 2.86 | 0.10 | 43.43 | 169 | 2.52 | 0.39 |
| Total expenses | 489 | 572 | 404 | 310 | 302 | 379 | 183 |
| Employee cost | 0.00 | 279 | 194 | 167 | 157 | 121 | 80.26 |
| EBITDA | 697 | 783 | 250 | 40.38 | 59.04 | 185 | 165 |
| EBITDA margin | +58.8% | +57.8% | +38.2% | +11.5% | +16.4% | +32.8% | +47.4% |
| Depreciation | 16.80 | 16.01 | 73.49 | 45.85 | 32.14 | 19.88 | 10.20 |
| Interest | 94.26 | 111 | 68.94 | 30.86 | 11.84 | 95.70 | 75.10 |
| Profit before tax | 605 | 658 | 108 | 7.10 | 184 | 72.17 | 80.15 |
| Tax | 37.49 | 60.44 | 9.44 | 0.80 | (4.34) | 8.67 | 18.19 |
| Net profit | 567 | 597 | 98.19 | 6.34 | 40.73 | 194 | 61.75 |
| Net profit margin | +47.8% | +44.1% | +15.0% | +1.8% | +11.3% | +34.4% | +17.7% |
| EPS (βΉ) | 30.54 | 166.15 | 27.78 | 1.80 | 109.45 | 18.28 | 23.64 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 36.41 | 35.97 | 35.31 | 35.06 | 17.17 | 17.17 | 26.21 |
| Reserves & surplus | 2,050 | 1,899 | 1,696 | 1,591 | (669) | (782) | 389 |
| Shareholders' funds (net worth) | 2,087 | 1,935 | 1,732 | 1,627 | 1,592 | 1,479 | 415 |
| Secured loans | 0.00 | 271 | 226 | 0.00 | 0.00 | 0.00 | 267 |
| Unsecured loans | 1,109 | 485 | 369 | 316 | 0.00 | 48.48 | 408 |
| Total debt | 1,109 | 757 | 595 | 316 | 0.00 | 48.48 | 675 |
| Total liabilities | 3,196 | 2,692 | 2,327 | 1,942 | 1,592 | 1,527 | 1,090 |
| Assets | |||||||
| Gross block | 375 | 363 | 326 | 285 | 167 | 167 | 110 |
| Net block | 128 | 157 | 133 | 174 | 87.03 | 107 | 92.24 |
| Capital work in progress | 3.10 | 1.04 | 0.00 | 0.69 | 1.72 | 0.05 | 0.44 |
| Investments | 1,611 | 1,356 | 1,333 | 1,319 | 1,286 | 1,171 | 547 |
| Inventories | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 |
| Sundry debtors | 132 | 176 | 160 | 58.84 | 49.18 | 61.01 | 48.04 |
| Cash & bank balances | 607 | 649 | 828 | 374 | 350 | 198 | 381 |
| Loans & advances | 1,107 | 4,927 | 2,076 | 325 | 180 | 171 | 126 |
| Total current assets | 1,846 | 5,752 | 3,064 | 759 | 579 | 430 | 555 |
| Total current liabilities | 399 | 4,593 | 2,224 | 312 | 355 | 171 | 136 |
| Net working capital | 1,447 | 1,159 | 841 | 446 | 224 | 260 | 419 |
| Total assets | 3,196 | 2,692 | 2,327 | 1,942 | 1,592 | 1,527 | 1,090 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 72.71 | 6.35 | 8.42 | 74.72 | 30.21 | 53.64 | 63.54 |
| Net cash from operating activities | (7.71) | 57.19 | (172) | (270) | 178 | 301 | 219 |
| Net cash from investing activities | 166 | 395 | (81.96) | (82.22) | (130) | (500) | (247) |
| Net cash from financing activities | (218) | (386) | 252 | 286 | (3.95) | 175 | 18.72 |
| Net change in cash | (59.40) | 66.36 | (2.07) | (66.30) | 44.52 | (23.43) | (9.90) |
| Closing cash | 607 | 649 | 828 | 374 | 350 | 198 | 381 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | -12.4% | +107.1% | +86.5% | -2.7% | -36.1% | +62.2% | - |
| EBITDA growth | -10.9% | +213.3% | +518.8% | -31.6% | -68.1% | +12.2% | - |
| PBT growth | -8.1% | +512.1% | +1414.4% | -96.1% | +154.4% | -10.0% | -11.9% |
| Net income growth | -5.0% | +508.0% | +1448.7% | -84.4% | -79.0% | +214.5% | - |
| Revenue CAGR (3Y) | +50.1% | +55.4% | +5.0% | +0.3% | -4.2% | +20.6% | -3.1% |
| EBITDA CAGR (3Y) | +158.5% | +136.7% | +10.5% | -37.5% | -30.7% | +13.3% | +2.9% |
| Profitability & leverage | |||||||
| Net income margin | +47.8% | +44.1% | +15.0% | +1.8% | +52.1% | +11.3% | +17.8% |
| Return on capital employed | - | +30.9% | +6.4% | +1.3% | +1.7% | +16.3% | +15.8% |
| Return on net worth | - | +33.0% | +4.3% | +0.2% | +1.5% | +12.2% | +16.2% |
| Debt / equity | - | 0.37 | 0.28 | 0.10 | 0.02 | 0.40 | 1.57 |
| Long-term debt / equity | - | 0.00 | 0.00 | 0.00 | 0.02 | 0.19 | 0.66 |
| Interest cover | 13.85 | 14.53 | 39.09 | -564.17 | 44.01 | 57.88 | 48.50 |
| Efficiency & per share | |||||||
| Fixed asset turnover | - | 4.18 | 2.33 | 2.03 | 3.96 | 5.38 | 5.82 |
| Inventory turnover | - | 0.00 | 0.00 | 0.00 | 0.00 | 1,13,440.00 | 34,848.00 |
| Debtors turnover | - | 8.07 | 5.98 | 7.30 | 9.60 | 10.40 | 0.76 |
| EPS (βΉ) | 30.54 | 166.15 | 27.78 | 1.80 | 109.45 | 18.28 | 23.64 |
| Dividend per share (βΉ) | 14.00 | 144.50 | 0.00 | 0.00 | 0.00 | 32.00 | 0.00 |
| Book value per share (βΉ) | 0.00 | 532.54 | 484.55 | 455.25 | (398.68) | (225.15) | 146.37 |
Timeline of Nuvama
4 dated milestones of Nuvama across 16 years, from founding to its latest funding, stage changes and deals.
- Founded Nuvama is founded.
- Exit Acquired by PAG.
- IPO Lists on the stock exchange (IPO).
- Funding First funding round.
Competitors of Nuvama
Nuvama has 2 listed competitors in our database, 1 of them funded. They include Centricity and 360 One.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| centricity.co.in | 2022 | Gurugram, India | $24.05M | 458 | Digital private wealth management platform for individuals | |
| 360.one | 2008 | Mumbai, India | 65 | Asset and wealth management software is provided for businesses. |
Detailed competitors of Nuvama
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Web traffic of Nuvama
The website of Nuvama (nuvama.com) receives about 25.7K visits a month and ranks #931,222 among all websites worldwide, #8,535 in Investing.
- Monthly visits25.7K
▼ 20.8% vs previous month
- Unique visitors14.7K
per month
- Global rank#931,222
among all websites
- Category rank#8,535
Finance · Investing
- Bounce rate40%
- Pages per visit2.0
- Average visit1 min 21 sec
- DevicesDesktop 32% Β· Mobile 68%
Websites whose visitors overlap most with Nuvama. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| nuvamawealth.com | 100% | 400.1K | #52,710 | View details | |
nuvamaresearch.com | nuvamaresearch.com | 87% | #4,643,638 | β | |
| anandrathiwealth.in | 84% | 55.5K | #571,708 | View details | |
citrusinteractive.in | citrusinteractive.in | 82% | #8,748,565 | β | |
| sanctumwealth.com | 82% | 4.7K | #4,100,119 | View details | |
| β’β’β’β’β’β’β’β’β’β’ | β’β’β’β’β’β’.com | β’β’% | β’.β’M | #β’β’β’β’β’ | β |
| β’β’β’β’β’β’β’β’β’β’ | β’β’β’β’β’β’.com | β’β’% | β’.β’M | #β’β’β’β’β’ | β |
| β’β’β’β’β’β’β’β’β’β’ | β’β’β’β’β’β’.com | β’β’% | β’.β’M | #β’β’β’β’β’ | β |
All 40 similar websites and full traffic analytics for Nuvama
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- 40 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
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Top companies in Investment & Financial Technology
2 companies that operate in the same segment as Nuvama (Investment & Financial Technology) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
App-based brokerage stock trading platform | 1996 | Mumbai, Maharashtra, India | USD 38.41 M | USD 548.9 M | 3,830 | |
Smart investment portfolios are offered via an online platform. | 2015 | Bengaluru, Karnataka, India | USD 121.05 M | USD 635.51 K | 231 |
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Related news about Nuvama
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Frequently Asked Questions about Nuvama
Nuvama was founded in 2008 and raised its 1st funding round 16 years after it was founded.
Nuvama is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Rahul Jain is the CEO of Nuvama, as recorded in our data.
Nuvama has 3,900 employees.
The primary company behind Nuvama, Nuvama Wealth Management Limited, reported revenue of βΉ4,663 Cr for FY 2026, up 11% year on year.
A comprehensive wealth management platform is provided by Nuvama, focusing on personalized financial solutions for affluent individuals, high-net-worth clients, family offices, and institutional investors. Services are extended across wealth management, asset management, and capital markets, catering to diverse needs with a client-first approach. Operations are supported by advanced technology platforms and strategic alliances, ensuring scalability and low latency. The company is backed by PAG, a leading Asia-focused investment firm, and upholds the legacy of Edelweiss, a prominent Indian financial conglomerate. Activities are centered in multiple global locations, addressing both domestic and international markets.
Nuvama's top competitors include Centricity and 360 One.
Nuvama offers Wealth Management, Asset Management, and Capital Markets.
Yes, Nuvama is publicly traded on NSE under the ticker symbol NUVAMA.
Nuvama has 1 investor. Key investors include PAG.
Nuvama is associated with 4 legal entities: Nuvama Wealth Management Limited, Nuvama Wealth And Investment Limited, Edelweiss Business Services Limited and others.
Yes. Nuvama was acquired by PAG in March 2021.

