NUVAMA WEALTH Results Analysis Q1FY26

Total Revenue for Q1FY26 is Rs. 770 Crs., 15.3% growth YoY, Operating PBT is Rs. 349 Crs., 19.1% growth YoY, Operating PAT is Rs. 264 Crs., 19.5% growth YoY. Wealth Management revenues grew by 18% YoY, Asset Management revenues (Management fees) grew by 37% YoY, Asset Services revenues grew by 46% YoY, but Capital Markets revenues decreased by 10% YoY. Client Assets: Stood at ₹3,23,585 Cr as at end of Q1, grew by 18% YoY. Return on Equity improved to 30.3% in Q1 FY26 from 29.4% in Q1 FY25 On QoQ basis Total Revenue is flat to negative, Operating PBT is up by 3.9%, Operating PAT is up by 3.5%.