Nuvama Wealth Management Latest Updates

Financial Performance In the first quarter of the fiscal year 2026 (April-June), Nuvama Wealth Management reported a consolidated profit after tax (PAT) of ₹264 crore, representing a 19% year-on-year increase. The company's revenues for the same period grew by 15% to ₹770 crore. Revenue from its Wealth Management vertical saw an 18% increase, and its closing Assets Under Management (AUM) grew by 54% to ₹11,810 crore at the end of the quarter. Corporate and Strategic Updates Nuvama Wealth Management has been actively scaling its business, focusing on both existing and new clients, which has driven revenue growth. The company has also been distributing dividends, with a final dividend of ₹81.50 per share declared in August 2024, and interim dividends of ₹63 and ₹69 per share in November 2024 and June 2025, respectively. The company also announced its 32nd Annual General Meeting to be held on September 24, 2025. Stock Performance The company's stock has experienced a decline from its 52-week high of ₹8,508.50. As of September 19, 2025, the stock was trading around ₹6,400. Its 52-week low is ₹4,735.45. The stock has shown a negative return over the past month and year, but over the last three years, it has delivered a significant return.