Wealth in Motion: Nuvama Delivers Strong Q1 FY26 Growth

Nuvama Wealth has posted a solid Q1 FY26, showing strength across all key metrics: Sales: ₹1,123 Cr, up 18% YoY (₹949 Cr in Jun’24) – steady top-line momentum. EBIDT: ₹612 Cr, up 24% YoY – operating leverage kicking in. Net Profit: ₹264 Cr, up 20% YoY – profit growth outpacing revenue. EPS: ₹73.31, up 17% YoY – consistent earnings expansion. With a market cap of ₹25,056 Cr and a P/E of 24.4, the company trades at a valuation that reflects its growth trajectory but still leaves room for long-term investors who believe in its wealth management scale-up story. The back-to-back quarterly stability (₹1,120 Cr sales in Mar’25 vs ₹1,123 Cr now) shows resilience, while YoY jumps underline expansion. Watch for margin trends and AUM growth in upcoming quarters.