Nuvama Wealth Management's Q1 FY 2025-26 Quarterly Results

Result Summary

• Nuvama Wealth Management Ltd reported a 21.1% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Jun (Q1 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 18.0%.
• Its expenses for the quarter were up by 15.7% QoQ and 19.5% YoY.
• The net profit increased 46.0% QoQ and increased 19.5% YoY.
• The earnings per share (EPS) of Nuvama Wealth Management Ltd stood at 70.7 during Q1 FY 2025-26.

Financial Statments for Q1 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Nuvama Wealth Management Ltd is positioned within the financial services industry, focusing primarily on wealth management services. The company provides a range of financial products and advisory services aimed at helping clients manage their wealth effectively. Although specific recent developments pertaining to the company are not provided, wealth management firms generally experience dynamics influenced by market trends, regulatory changes, and shifts in client preferences. Nuvama Wealth Management Ltd caters to a diverse clientele, offering services that include investment advisory, portfolio management, and financial planning.

Revenue

In the first quarter of fiscal year 2026 (Q1FY26), Nuvama Wealth Management Ltd reported a total income of ₹1124.61 crores. This marks a significant increase from both the previous quarter (Q4FY25), where total income was ₹929.01 crores, and the same quarter in the prior fiscal year (Q1FY25), with an income of ₹952.68 crores. The quarter-over-quarter (QoQ) growth was 21.1%, while the year-over-year (YoY) growth was 18.0%. These figures suggest a robust performance in terms of revenue generation, reflecting the company's capacity to grow its income over different periods.

Profitability

During Q1FY26, the company achieved a Profit Before Tax (PBT) of ₹349.20 crores, which represents a substantial increase compared to ₹238.11 crores in Q4FY25 and ₹293.40 crores in Q1FY25. The QoQ increase in PBT was 46.7%, while the YoY increase was 19.0%. The Profit After Tax (PAT) for Q1FY26 was ₹263.87 crores, up from ₹180.74 crores in Q4FY25 and ₹220.77 crores in Q1FY25, with a QoQ growth of 46.0% and a YoY growth of 19.5%. The tax expense in Q1FY26 amounted to ₹86.85 crores, showing a rise from ₹56.55 crores in Q4FY25 and ₹76.05 crores in Q1FY25, reflected in a 53.6% QoQ increase and a 14.2% YoY increase. These metrics underscore a period of strong profitability for the company.

Operating Metrics

Total expenses for Nuvama Wealth Management Ltd in Q1FY26 were ₹771.59 crores, an increase from ₹666.75 crores in the previous quarter and ₹645.69 crores in the same quarter of the previous year. This represents a 15.7% increase quarter-over-quarter and a 19.5% rise year-over-year. Earnings Per Share (EPS) for Q1FY26 stood at ₹70.70, compared to ₹50.20 in Q4FY25 and ₹60.60 in Q1FY25, indicating a 40.8% QoQ increase and a 16.7% YoY rise. These figures indicate an upward trend in both operating expenses and earnings, reflecting the company's operational scale and its ability to generate shareholder value.