About Nuvama Wealth Management Limited
Data last updated: 22 December 2025
Nuvama Wealth Management Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Pagac Ecstasy Pte. Limited. It specialises in brokerage and trading services, a part of the broader financial services sector. Incorporated on 20 August 1993, the company has been in operation for over 33 years.
Registered with ROC Mumbai under CIN L67110MH1993PLC344634. Listed.
Capital: an authorised share capital of ₹2,000 Cr and a paid-up capital of ₹36.36 Cr. Formerly known as Edelweiss Securities Private Limited. It is led by directors including Ashish Kehair and Shiv Sehgal.
Last AGM: 24 September 2025. Financial statements filed for year ended 31 March 2024. Office: Mumbai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹3,157.72 Cr, a growth of 42% compared to the previous year.
The company has a workforce of approximately 235 employees as per the latest available data. It operates as a subsidiary of Pagac Ecstasy Pte. Limited. Its group structure includes 6 subsidiaries.
The company is associated with 2 brands - Nuvama, Nuvama Private. As per MCA filings, the company has open charges of ₹3,056.45 Cr and satisfied charges of ₹2,781.26 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website nuvama.com.
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Email*****@*****.com
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Telephone+91-****-******
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Website
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Social Media
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Registered Address801 To 804 Wing A Building No 3, Inspire Bkc G Block Bkc, Mumbai, Maharashtra, India – 400051
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IndustryFinancial Services, Brokerage & Trading Services
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
CIN History of Nuvama Wealth Management Limited
Nuvama Wealth Management Limited has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L67110MH1993PLC344634, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L67110MH1993PLC344634 | Current |
| U67110TG1993PLC052266 | Previous |
| U67110MH1993PLC344634 | Previous |
Associated Brands with Nuvama Wealth Management Limited
Nuvama Wealth Management Limited operates two associated brands: Nuvama and Nuvama Private. These brands represent Nuvama Wealth Management Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| An integrated wealth management platform is operated by Nuvama. | nuvama.com | |
| Wealth management services are provided to high-net-worth individuals. | nuvamaprivate.com |
Competitors & Alternatives of Nuvama Wealth Management Limited
Brands and companies operating in the same space as Nuvama Wealth Management Limited include Addepar, Dezerv, Delta Capita and 7 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
Addepar
|
Wealth management solutions are delivered for investment advisors. | Mountain View, United States, United States | 2009 |
Dezerv
|
Investment solutions and portfolio management are provided for affluent individuals. | Mumbai, India, India | 2021 |
Delta Capita
|
Provider of consulting, managed services, and technology solutions for financial services | London, United Kingdom, United Kingdom | 2010 |
Wealthy
|
Digital wealth management platform is offered for personalized investments. | Bengaluru, India, India | 2015 |
sei
|
Wealth and investment management solutions are offered to institutional investors. | Oaks, United States, United States | 1968 |
Centricity
|
Digital private wealth management platform for individuals | Gurugram, India, India | 2022 |
Avaloq
|
Cloud-based solutions for financial institutions are provided by Avaloq. | Zurich, Switzerland, Switzerland | 1985 |
Broadridge
|
Cloud-based accounting and financial management solutions are offered to businesses. | New York, United States, United States | 2007 |
Sanctuary Wealth
|
Solutions are provided to wealth managers for client management. | Indianapolis, United States, United States | 2018 |
360 One
|
Asset and wealth management software is provided for businesses. | Mumbai, India, India | 2008 |
Business Activity of Nuvama Wealth Management Limited
Nuvama Wealth Management Limited is engaged in the principal business activity of financial and insurance service, with detailed activities including financial advisory, brokerage and consultancy services.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K7 | Financial Advisory, brokerage and Consultancy Services | ********* |
Auditor Details of Nuvama Wealth Management Limited
Nuvama Wealth Management Limited is audited by S.R. Batliboi & Co. LLP (ICAI peer reviewed, certificate valid till 2027-07-31) for the financial year 2026, as reported in its NSE exchange filings. The statutory auditor is responsible for expressing an independent opinion on whether the financial statements present a true and fair view in accordance with applicable accounting standards.
| Name | Financial year | Audit opinion |
|---|---|---|
| S.R. Batliboi & Co. LLP (ICAI peer reviewed, certificate valid till 2027-07-31) | FY 2026 | Declaration of unmodified opinion |
Board of Directors of Nuvama Wealth Management Limited
Nuvama Wealth Management Limited is currently managed by 10 directors, with 48 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
Financials of Nuvama Wealth Management Limited FY 2026 filings available
Nuvama Wealth Management Limited reported revenue of ₹4,630.69 Cr (up 11.36% YoY) for FY 2026. Profit growth despite declining revenue indicates effective cost management and margin discipline.
| Metrics | FY 2026 | FY 2025 | FY 2024 |
|---|---|---|---|
| Revenue from Operations | ₹4,630.69 Cr | ₹4,158.26 Cr | ₹3,150.99 Cr |
| Interest Earned | ₹1,967.8 Cr | ₹1,718.02 Cr | ₹1,114.34 Cr |
| Other Income | ₹18.96 Cr | ₹11.04 Cr | ₹6.74 Cr |
| Total Income | ₹4,649.65 Cr | ₹4,169.3 Cr | ₹3,157.73 Cr |
| Cost of Materials Consumed | ₹0 | ₹0 | ₹0 |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | ₹0 | ₹0 | ₹0 |
| Employee Benefit Expense | ₹1,261.82 Cr | ₹1,165.97 Cr | ₹890.96 Cr |
| Finance Costs | ₹976.67 Cr | ₹821.96 Cr | ₹619.75 Cr |
| Depreciation & Amortisation | ₹112.51 Cr | ₹94.37 Cr | ₹136.42 Cr |
| Other Expenses | ₹555.84 Cr | ₹463.47 Cr | ₹660.76 Cr |
| Total Expenses | ₹3,278.5 Cr | ₹2,858.38 Cr | ₹2,347.87 Cr |
| Profit Before Exceptional Items & Tax | ₹1,371.15 Cr | ₹1,310.92 Cr | ₹809.86 Cr |
| Exceptional Items | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹1,371.15 Cr | ₹1,310.92 Cr | ₹809.86 Cr |
| Total Tax Expense | ₹344.71 Cr | ₹333.24 Cr | ₹187.16 Cr |
| Net Profit | ₹1,040.26 Cr | ₹985.06 Cr | ₹624.84 Cr |
| attributable to Owners | ₹1,041.04 Cr | ₹986.17 Cr | ₹625.32 Cr |
| attributable to NCI | -₹78 Lakh | -₹1.11 Cr | -₹48 Lakh |
| Other Comprehensive Income | ₹4.66 Cr | -₹54 Lakh | -₹7.1 Cr |
| Total Comprehensive Income | ₹1,044.92 Cr | ₹984.52 Cr | ₹617.74 Cr |
| EBITDA (computed) | ₹2,460.33 Cr | ₹2,227.25 Cr | ₹1,566.03 Cr |
| Basic EPS | ₹57.59 | ₹276.66 | ₹177.97 |
| Diluted EPS | ₹56.06 | ₹268.54 | ₹174.14 |
| Metrics | FY 2026 | FY 2025 | FY 2024 |
|---|---|---|---|
| Total Assets | ₹34,491 Cr | ₹28,388 Cr | ₹20,387 Cr |
| Property, Plant & Equipment | ₹210.81 Cr | ₹221.43 Cr | ₹219.24 Cr |
| Inventories | ₹0 | ₹0 | ₹0 |
| Cash & Equivalents | ₹580.98 Cr | ₹532.58 Cr | ₹366.63 Cr |
| Equity (Net Worth) | ₹4,123.15 Cr | ₹3,493.11 Cr | ₹2,898.86 Cr |
| Equity Share Capital | ₹36.41 Cr | ₹35.97 Cr | ₹35.31 Cr |
| Total Liabilities | ₹30,368 Cr | ₹24,895 Cr | - |
| Metrics | FY 2026 | FY 2025 | FY 2024 |
|---|---|---|---|
| Operating Cash Flow | -₹3,013.53 Cr | -₹371.1 Cr | -₹1,658.37 Cr |
| Investing Cash Flow | -₹127.65 Cr | -₹65.22 Cr | -₹79.78 Cr |
| Financing Cash Flow | ₹3,181.11 Cr | ₹600.53 Cr | ₹1,315.83 Cr |
| Capital Expenditure | ₹28.68 Cr | ₹33.1 Cr | ₹80.94 Cr |
| Free Cash Flow (computed) | -₹3,042.21 Cr | -₹404.2 Cr | -₹1,739.31 Cr |
| Dividends Paid | ₹501.17 Cr | ₹513.93 Cr | ₹0 |
| Net Change in Cash | ₹48.4 Cr | ₹166.03 Cr | -₹421.57 Cr |
| Metrics | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q4 FY25 | Q3 FY25 | Q2 FY25 | Q1 FY25 | Q4 FY24 | Q3 FY24 | Q2 FY24 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹1,269.14 Cr | ₹1,104.19 Cr | ₹1,134.71 Cr | ₹1,122.65 Cr | ₹1,119.81 Cr | ₹1,031.82 Cr | ₹1,051.35 Cr | ₹949.43 Cr | ₹927.38 Cr | ₹840.64 Cr | ₹735.26 Cr |
| Interest Earned | ₹554.81 Cr | ₹473.72 Cr | ₹434.95 Cr | ₹504.32 Cr | ₹485.44 Cr | ₹442.19 Cr | ₹405.94 Cr | ₹384.45 Cr | ₹339.17 Cr | - | ₹256.9 Cr |
| Other Income | ₹11.99 Cr | ₹1.79 Cr | ₹3.22 Cr | ₹1.96 Cr | ₹4.98 Cr | ₹3.17 Cr | ₹5.49 Cr | ₹3.25 Cr | ₹1.63 Cr | ₹1.56 Cr | ₹2.05 Cr |
| Total Income | ₹1,281.13 Cr | ₹1,105.98 Cr | ₹1,137.93 Cr | ₹1,124.61 Cr | ₹1,124.79 Cr | ₹1,034.99 Cr | ₹1,056.84 Cr | ₹952.68 Cr | ₹929.01 Cr | ₹842.2 Cr | ₹737.31 Cr |
| Cost of Materials Consumed | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Employee Benefit Expense | ₹345.54 Cr | ₹295.14 Cr | ₹313.95 Cr | ₹307.19 Cr | ₹307.86 Cr | ₹288.54 Cr | ₹292.97 Cr | ₹276.6 Cr | ₹250.62 Cr | ₹232.22 Cr | ₹212.89 Cr |
| Finance Costs | ₹257.62 Cr | ₹242.4 Cr | ₹236.58 Cr | ₹240.07 Cr | ₹214.74 Cr | ₹224.87 Cr | ₹199.84 Cr | ₹182.51 Cr | ₹182.76 Cr | ₹171.05 Cr | ₹146.9 Cr |
| Depreciation & Amortisation | ₹36.21 Cr | ₹26.64 Cr | ₹25.39 Cr | ₹24.27 Cr | ₹28.67 Cr | ₹24.04 Cr | ₹21.49 Cr | ₹20.17 Cr | ₹45.13 Cr | ₹44.64 Cr | ₹24.37 Cr |
| Other Expenses | ₹179.92 Cr | ₹124.29 Cr | ₹128.34 Cr | ₹123.29 Cr | ₹149.71 Cr | ₹165.09 Cr | ₹195.67 Cr | ₹166.41 Cr | ₹188.24 Cr | ₹156.32 Cr | ₹160.16 Cr |
| Total Expenses | ₹934.38 Cr | ₹765.41 Cr | ₹803.3 Cr | ₹775.41 Cr | ₹788.47 Cr | ₹701.49 Cr | ₹709.14 Cr | ₹659.28 Cr | ₹690.9 Cr | ₹611.78 Cr | ₹546.44 Cr |
| Profit Before Exceptional Items & Tax | ₹346.75 Cr | ₹340.57 Cr | ₹334.63 Cr | ₹349.2 Cr | ₹336.32 Cr | ₹333.5 Cr | ₹347.7 Cr | ₹293.4 Cr | ₹238.11 Cr | ₹230.42 Cr | ₹190.87 Cr |
| Exceptional Items | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹346.75 Cr | ₹340.57 Cr | ₹334.63 Cr | ₹349.2 Cr | ₹336.32 Cr | ₹333.5 Cr | ₹347.7 Cr | ₹293.4 Cr | ₹238.11 Cr | ₹230.42 Cr | ₹190.87 Cr |
| Total Tax Expense | ₹86.25 Cr | ₹86.36 Cr | ₹85.25 Cr | ₹86.85 Cr | ₹84.79 Cr | ₹82.37 Cr | ₹90.03 Cr | ₹76.05 Cr | ₹56.55 Cr | ₹54.52 Cr | ₹46.46 Cr |
| Net Profit | ₹268.79 Cr | ₹253.62 Cr | ₹253.98 Cr | ₹263.87 Cr | ₹255.27 Cr | ₹251.71 Cr | ₹257.31 Cr | ₹220.77 Cr | ₹180.74 Cr | ₹176.16 Cr | ₹144.96 Cr |
| attributable to Owners | ₹269.15 Cr | ₹253.8 Cr | ₹254.13 Cr | ₹263.96 Cr | ₹255.41 Cr | ₹252.1 Cr | ₹257.64 Cr | ₹221.02 Cr | ₹180.75 Cr | ₹176.33 Cr | ₹145.17 Cr |
| attributable to NCI | -₹36 Lakh | -₹18 Lakh | -₹15 Lakh | -₹9 Lakh | -₹14 Lakh | -₹39 Lakh | -₹33 Lakh | -₹25 Lakh | -₹1 Lakh | -₹17 Lakh | -₹21 Lakh |
| Other Comprehensive Income | ₹2.63 Cr | ₹1.04 Cr | ₹51 Lakh | ₹48 Lakh | -₹1.41 Cr | -₹5 Lakh | ₹1.59 Cr | -₹67 Lakh | -₹8.25 Cr | ₹1.66 Cr | -₹29 Lakh |
| Total Comprehensive Income | ₹271.42 Cr | ₹254.66 Cr | ₹254.49 Cr | ₹264.35 Cr | ₹253.86 Cr | ₹251.66 Cr | ₹258.9 Cr | ₹220.1 Cr | ₹172.49 Cr | ₹177.82 Cr | ₹144.67 Cr |
| EBITDA (computed) | ₹640.58 Cr | ₹609.61 Cr | ₹596.6 Cr | ₹613.54 Cr | ₹579.73 Cr | ₹582.41 Cr | ₹569.03 Cr | ₹496.08 Cr | ₹466 Cr | ₹446.11 Cr | ₹362.14 Cr |
| Basic EPS | ₹14.79 | ₹14.02 | ₹70.54 | ₹73.36 | ₹71.13 | ₹70.41 | ₹72.54 | ₹62.51 | ₹51.27 | ₹50.16 | ₹41.39 |
| Diluted EPS | ₹14.40 | ₹13.62 | ₹68.14 | ₹70.70 | ₹69.06 | ₹68.55 | ₹70.45 | ₹60.60 | ₹50.17 | ₹49.43 | ₹41.11 |
| Segment · Q4 FY26 (latest quarter) | Revenue | Result (PBIT) | Assets | Liabilities |
|---|---|---|---|---|
| Wealth management business | ₹785.09 Cr | ₹162.32 Cr | ₹14,470 Cr | ₹12,284 Cr |
| Asset management business | ₹24.72 Cr | -₹19.22 Cr | ₹162.3 Cr | ₹47.55 Cr |
| Capital markets business | ₹475.18 Cr | ₹206.45 Cr | ₹20,601 Cr | ₹18,958 Cr |
| Unallocated | ₹18.65 Cr | -₹9.47 Cr | ₹299.91 Cr | ₹143.17 Cr |
| Inter-segment eliminations | ₹0 | ₹6.67 Cr | -₹1,042.58 Cr | -₹1,065.08 Cr |
| Share in profit / (loss) of associate | ₹0 | ₹5.62 Cr | ₹0 | ₹0 |
| Share in profit / (loss) of joint venture | ₹0 | ₹2.67 Cr | ₹0 | ₹0 |
| Segment · FY 2026 (annual) | Revenue | Result (PBIT) | Assets | Liabilities |
|---|---|---|---|---|
| Wealth management business | ₹2,761.37 Cr | ₹566.73 Cr | - | - |
| Asset management business | ₹135.64 Cr | -₹26.82 Cr | - | - |
| Capital markets business | ₹1,916.15 Cr | ₹833.39 Cr | - | - |
| Unallocated | ₹474.36 Cr | ₹430.63 Cr | - | - |
| Inter-segment eliminations | ₹0 | -₹432.78 Cr | - | - |
| Share in profit / (loss) of associate | ₹0 | ₹8.24 Cr | - | - |
| Share in profit / (loss) of joint venture | ₹0 | ₹5.58 Cr | - | - |
| Metrics | FY 2026 | FY 2025 | FY 2024 |
|---|---|---|---|
| Revenue from Operations | ₹1,185.95 Cr | ₹1,354.38 Cr | ₹653.79 Cr |
| Interest Earned | ₹108.39 Cr | ₹133.97 Cr | ₹65.6 Cr |
| Other Income | ₹18.36 Cr | ₹2.86 Cr | ₹10 Lakh |
| Total Income | ₹1,204.31 Cr | ₹1,357.24 Cr | ₹653.89 Cr |
| Cost of Materials Consumed | ₹0 | ₹0 | ₹0 |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | ₹0 | ₹0 | ₹0 |
| Employee Benefit Expense | ₹219.21 Cr | ₹279.32 Cr | ₹194.06 Cr |
| Finance Costs | ₹94.26 Cr | ₹111.38 Cr | ₹68.94 Cr |
| Depreciation & Amortisation | ₹16.8 Cr | ₹16.01 Cr | ₹73.49 Cr |
| Other Expenses | ₹231.97 Cr | ₹265.65 Cr | ₹202 Cr |
| Total Expenses | ₹599.59 Cr | ₹699.09 Cr | ₹546.36 Cr |
| Profit Before Exceptional Items & Tax | ₹604.72 Cr | ₹658.15 Cr | ₹107.53 Cr |
| Exceptional Items | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹604.72 Cr | ₹658.15 Cr | ₹107.53 Cr |
| Total Tax Expense | ₹37.49 Cr | ₹60.44 Cr | ₹9.44 Cr |
| Net Profit | ₹567.23 Cr | ₹597.71 Cr | ₹98.09 Cr |
| Other Comprehensive Income | -₹38 Lakh | ₹6 Lakh | -₹7.98 Cr |
| Total Comprehensive Income | ₹566.85 Cr | ₹597.77 Cr | ₹90.11 Cr |
| EBITDA (computed) | ₹715.78 Cr | ₹785.54 Cr | ₹249.96 Cr |
| Basic EPS | ₹31.38 | ₹167.68 | ₹27.92 |
| Diluted EPS | ₹30.54 | ₹162.76 | ₹27.32 |
| Metrics | FY 2026 | FY 2025 | FY 2024 |
|---|---|---|---|
| Total Assets | ₹3,594.99 Cr | ₹7,285.29 Cr | ₹4,550.66 Cr |
| Property, Plant & Equipment | ₹87.53 Cr | ₹111.53 Cr | ₹122.97 Cr |
| Inventories | ₹0 | ₹0 | ₹0 |
| Cash & Equivalents | ₹13.31 Cr | ₹72.71 Cr | ₹6.43 Cr |
| Equity (Net Worth) | ₹2,086.93 Cr | ₹1,935.16 Cr | ₹1,731.69 Cr |
| Equity Share Capital | ₹36.41 Cr | ₹35.97 Cr | ₹35.31 Cr |
| Total Liabilities | ₹1,508.06 Cr | ₹5,350.13 Cr | - |
| Metrics | FY 2026 | FY 2025 | FY 2024 |
|---|---|---|---|
| Operating Cash Flow | -₹7.71 Cr | ₹57.19 Cr | -₹172.32 Cr |
| Investing Cash Flow | ₹166.41 Cr | ₹395.39 Cr | -₹81.95 Cr |
| Financing Cash Flow | -₹218.1 Cr | -₹386.22 Cr | ₹252.28 Cr |
| Capital Expenditure | ₹7.51 Cr | ₹9.74 Cr | ₹62.22 Cr |
| Free Cash Flow (computed) | -₹15.22 Cr | ₹47.45 Cr | -₹234.54 Cr |
| Dividends Paid | ₹501.17 Cr | ₹513.93 Cr | ₹0 |
| Net Change in Cash | -₹59.4 Cr | ₹66.36 Cr | -₹1.99 Cr |
| Metrics | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q4 FY25 | Q3 FY25 | Q2 FY25 | Q1 FY25 | Q4 FY24 | Q3 FY24 | Q2 FY24 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹172.14 Cr | ₹403.64 Cr | ₹187.73 Cr | ₹422.44 Cr | ₹217.72 Cr | ₹385.18 Cr | ₹515.55 Cr | ₹235.93 Cr | ₹215.39 Cr | ₹186.52 Cr | ₹126.36 Cr |
| Interest Earned | ₹14.18 Cr | ₹14.07 Cr | ₹18.46 Cr | ₹61.68 Cr | ₹46.85 Cr | ₹24.15 Cr | ₹27.96 Cr | ₹35.01 Cr | ₹23.76 Cr | - | ₹11.84 Cr |
| Other Income | ₹8.01 Cr | ₹2.86 Cr | ₹4.28 Cr | ₹3.21 Cr | ₹2.69 Cr | ₹17 Lakh | ₹0 | ₹0 | ₹1 Lakh | ₹0 | ₹1 Lakh |
| Total Income | ₹180.15 Cr | ₹406.5 Cr | ₹192.01 Cr | ₹425.65 Cr | ₹220.41 Cr | ₹385.35 Cr | ₹515.55 Cr | ₹235.93 Cr | ₹215.4 Cr | ₹186.52 Cr | ₹126.37 Cr |
| Cost of Materials Consumed | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Employee Benefit Expense | ₹62.73 Cr | ₹37.42 Cr | ₹52.97 Cr | ₹66.09 Cr | ₹58.13 Cr | ₹66.32 Cr | ₹81.95 Cr | ₹72.92 Cr | ₹55.01 Cr | ₹55.42 Cr | ₹45.04 Cr |
| Finance Costs | ₹14.83 Cr | ₹13.62 Cr | ₹13.88 Cr | ₹51.93 Cr | ₹25.67 Cr | ₹27.34 Cr | ₹29.09 Cr | ₹29.28 Cr | ₹24.61 Cr | ₹20.35 Cr | ₹15.78 Cr |
| Depreciation & Amortisation | ₹3.87 Cr | ₹4.64 Cr | ₹4.33 Cr | ₹3.96 Cr | ₹4.22 Cr | ₹4.05 Cr | ₹3.97 Cr | ₹3.77 Cr | ₹25.71 Cr | ₹28.93 Cr | ₹7.79 Cr |
| Other Expenses | ₹50.75 Cr | ₹52.7 Cr | ₹54.81 Cr | ₹73.71 Cr | ₹85.85 Cr | ₹68.31 Cr | ₹66.65 Cr | ₹62.63 Cr | ₹64.28 Cr | ₹44.96 Cr | ₹44.98 Cr |
| Total Expenses | ₹160.04 Cr | ₹109.31 Cr | ₹129.69 Cr | ₹200.55 Cr | ₹183.89 Cr | ₹165.95 Cr | ₹177.91 Cr | ₹171.34 Cr | ₹176.96 Cr | ₹148.85 Cr | ₹114.83 Cr |
| Profit Before Exceptional Items & Tax | ₹20.11 Cr | ₹297.19 Cr | ₹62.32 Cr | ₹225.1 Cr | ₹36.52 Cr | ₹219.4 Cr | ₹337.64 Cr | ₹64.59 Cr | ₹38.44 Cr | ₹37.67 Cr | ₹11.54 Cr |
| Exceptional Items | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹20.11 Cr | ₹297.19 Cr | ₹62.32 Cr | ₹225.1 Cr | ₹36.52 Cr | ₹219.4 Cr | ₹337.64 Cr | ₹64.59 Cr | ₹38.44 Cr | ₹37.67 Cr | ₹11.54 Cr |
| Total Tax Expense | ₹1 Cr | ₹16.9 Cr | ₹15.97 Cr | ₹3.62 Cr | ₹9.05 Cr | ₹12.54 Cr | ₹20.8 Cr | ₹18.05 Cr | ₹6.94 Cr | ₹6.7 Cr | ₹11 Lakh |
| Net Profit | ₹19.11 Cr | ₹280.29 Cr | ₹46.35 Cr | ₹221.48 Cr | ₹27.47 Cr | ₹206.86 Cr | ₹316.84 Cr | ₹46.54 Cr | ₹31.5 Cr | ₹30.97 Cr | ₹11.43 Cr |
| Other Comprehensive Income | -₹24 Lakh | ₹17 Lakh | -₹26 Lakh | -₹5 Lakh | -₹23 Lakh | ₹0 | ₹11 Lakh | ₹18 Lakh | -₹8.29 Cr | ₹12 Lakh | ₹19 Lakh |
| Total Comprehensive Income | ₹18.87 Cr | ₹280.46 Cr | ₹46.09 Cr | ₹221.43 Cr | ₹27.24 Cr | ₹206.86 Cr | ₹316.95 Cr | ₹46.72 Cr | ₹23.21 Cr | ₹31.09 Cr | ₹11.62 Cr |
| EBITDA (computed) | ₹38.81 Cr | ₹315.45 Cr | ₹80.53 Cr | ₹280.99 Cr | ₹66.41 Cr | ₹250.79 Cr | ₹370.7 Cr | ₹97.64 Cr | ₹88.76 Cr | ₹86.95 Cr | ₹35.11 Cr |
| Basic EPS | ₹1.05 | ₹15.48 | ₹12.87 | ₹61.55 | ₹7.65 | ₹57.77 | ₹89.21 | ₹13.16 | ₹8.93 | ₹8.81 | ₹3.26 |
| Diluted EPS | ₹1.02 | ₹15.04 | ₹12.43 | ₹59.32 | ₹7.43 | ₹56.25 | ₹86.63 | ₹12.76 | ₹8.74 | ₹8.68 | ₹3.24 |
| Segment · Q4 FY26 (latest quarter) | Revenue | Result (PBIT) | Assets | Liabilities |
|---|---|---|---|---|
| Wealth management business | ₹10.4 Cr | -₹7.63 Cr | ₹27.74 Cr | ₹25.73 Cr |
| Capital markets business | ₹156.4 Cr | ₹38.38 Cr | ₹1,745.14 Cr | ₹1,383.02 Cr |
| Holding Company Activities | ₹0 | ₹0 | ₹1,751.24 Cr | ₹77.04 Cr |
| Unallocated | ₹13.35 Cr | -₹10.64 Cr | ₹70.87 Cr | ₹22.27 Cr |
| Segment · FY 2026 (annual) | Revenue | Result (PBIT) | Assets | Liabilities |
|---|---|---|---|---|
| Wealth management business | ₹43.29 Cr | -₹7.75 Cr | - | - |
| Capital markets business | ₹690.85 Cr | ₹183.11 Cr | - | - |
| Holding Company Activities | ₹440.69 Cr | ₹440.69 Cr | - | - |
| Unallocated | ₹29.48 Cr | -₹11.33 Cr | - | - |
Shareholding Pattern of Nuvama Wealth Management Limited
As per the shareholding pattern filed with NSE for the quarter ended Mar 2026, promoters hold 54.13%, foreign institutional investors hold 16.94%, domestic institutional investors hold 8.30%, retail and other public shareholders hold 20.63% of Nuvama Wealth Management Limited. The company had 122,511 shareholders on record.
| Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | |
|---|---|---|---|---|---|---|
| Promoters | 54.13% | 54.20% | 54.65% | 54.73% | 54.78% | 54.93% |
| Public | 45.87% | 45.80% | 45.35% | 45.27% | 45.22% | 45.07% |
| Mar 2026 | Mar 2025 | Mar 2024 | |
|---|---|---|---|
| Promoters | 54.13% | 54.78% | 55.81% |
| Public | 45.87% | 45.22% | 44.19% |
| Promoter change (YoY, %pts) | -0.65 | -1.03 | - |
Board & Governance of Nuvama Wealth Management Limited
As per the corporate governance filing with NSE for the quarter ended 31-MAR-2026, the board of Nuvama Wealth Management Limited has 8 directors - 4 independent and 2 executive. The board is chaired by Birendra Kumar.
| Director | Position | On board since | Listed boards |
|---|---|---|---|
| Birendra Kumar | Non-Executive - Independent Director · Chairperson | 2022-07-22 | 1 |
| Ashish Kehair | Executive Director · CEO-MD | 2021-09-21 | 1 |
| Shiv Sehgal | Executive Director | 2022-01-11 | 1 |
| Anisha Motwani | Non-Executive - Independent Director | 2022-07-22 | 7 |
| Aswin Vikram | Non-Executive - Nominee Director | 2022-01-11 | 1 |
| Kamlesh Shivji Vikamsey | Non-Executive - Independent Director | 2023-06-01 | 3 |
| Nikhilkumar Srivastava | Non-Executive - Nominee Director | 2021-03-19 | 1 |
| Sameer Kaji | Non-Executive - Independent Director | 2023-06-01 | 2 |
| Committee | Members |
|---|---|
| Audit Committee | Kamlesh Shivji Vikamsey (Chairperson), Birendra Kumar, Nikhilkumar Srivastava, Anisha Motwani, Sameer Kaji |
| Nomination and remuneration committee | Anisha Motwani (Chairperson), Birendra Kumar, Nikhilkumar Srivastava |
| Stakeholders Relationship Committee | Nikhilkumar Srivastava (Chairperson), Shiv Sehgal, Sameer Kaji |
| Risk Management Committee | Ashish Kehair (Chairperson), Sameer Kaji, Nikhilkumar Srivastava, Riyaz Marfatia |
| Corporate Social Responsibility Committee | Sameer Kaji (Chairperson), Birendra Kumar, Shiv Sehgal |
Group Structure of Nuvama Wealth Management Limited
Nuvama Wealth Management Limited has 6 subsidiary companies and 1 associated company. This group structure data is as of FY 2023. The corporate group structure reflects Nuvama Wealth Management Limited's business expansion strategy and organizational complexity.
| Company Name | CIN | Shares Held |
|---|---|---|
| Nuvama Clearing Services Limited | U51109MH2008PLC187594 | - |
| Nuvama Wealth And Investment Limited | U65100GJ2008PLC077462 | - |
| Nuvama Capital Services (Ifsc) Limited | U65999GJ2016PLC094838 | - |
| Nuvama Wealth Finance Limited | U67120MH1994PLC286057 | - |
| Nuvama Asset Management Limited | U67190MH2019PLC343440 | - |
| Pickright Technologies Private Limited | U72200KA2019PTC126326 | - |
Showing major subsidiaries. Total: 6.
Charges & Borrowings of Nuvama Wealth Management Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 25 Apr 2025 | Idbi Bank Limited | ₹100 Cr | Open |
| 21 Apr 2025 | The Hongkong and Shanghai Banking Corporation Limited | ₹50 Cr | Open |
| 17 Sep 2024 | Others | ₹136.5 Cr | Open |
| 06 Sep 2023 | Others | ₹150 Cr | Open |
| 16 May 2023 | State Bank of India | ₹700 Cr | Open |
Total charge records: 23 View all charges
Employees and EPFO Compliance at Nuvama Wealth Management Limited
Nuvama Wealth Management Limited has a workforce of 235 employees as of Apr 09, 2024.
Employee Count & EPFO Data of Nuvama Wealth Management Limited
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GST Compliance of Nuvama Wealth Management Limited
GSTIN & GST Filing Data of Nuvama Wealth Management Limited
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Credit Ratings, Litigation & Regulatory Alerts for Nuvama Wealth Management Limited
Credit Ratings, Legal Cases & Regulatory Alerts of Nuvama Wealth Management Limited
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MSME Payment Delays by Nuvama Wealth Management Limited
MSME Payment Delays by Nuvama Wealth Management Limited
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Subsidiaries & Group Companies of Nuvama Wealth Management Limited
Subsidiaries & Group Companies of Nuvama Wealth Management Limited
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MCA Filings & Documents of Nuvama Wealth Management Limited
MCA Filings & Documents of Nuvama Wealth Management Limited
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Recent Activity on Nuvama Wealth Management Limited
Recent News on Nuvama Wealth Management Limited
Frequently Asked Questions about Nuvama Wealth Management Limited
Nuvama Wealth Management Limited is an active public limited company in the financial services sector based in Mumbai, Maharashtra, India. It was incorporated on 20 August 1993 (33+ years old) and is registered under CIN L67110MH1993PLC344634. The company has 235 employees.
Nuvama Wealth Management Limited reported revenue of ₹3,157.72 Cr for FY 2024 (up 42.00% YoY).
The current directors of Nuvama Wealth Management Limited are:
- Ashish Kehair
- Sneha Amit Patwardhan
- Bharat Kalsi
- Shiv Sehgal
- Aswin Vikram
- Sameer Ambarish Kaji
- Nikhilkumar Srivastava
- Birendra Kumar
- Kamlesh Shivji Vikamsey
- Anisha Motwani
The primary industry of Nuvama Wealth Management Limited is financial services. The company specifically operates in brokerage and trading services. The company is currently active in this sector.
Yes, Nuvama Wealth Management Limited is a listed company.
Nuvama Wealth Management Limited can be reached at the registered office: 801 To 804 Wing A Building No 3, Inspire Bkc G Block Bkc, Mumbai, Maharashtra, India – 400051, or through the website nuvama.com.