INTEGRATED FILING — NBFC



General information about company

Scrip code 543988
NSE Symbol NUVAMA
MSEI Symbol NOTLISTED
ISIN INE531F01023
Name of company Nuvama Wealth Management Limited
Type of company Main Board
Class of security Equity
Date of start of financial year 01-04-2025
Date of end of financial year 31-03-2026
Date of board meeting when results were approved 11-05-2026
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 04-05-2026
Description of presentation currency INR
Level of rounding used in financial results Lakhs
Reporting Type Quarterly
Reporting Quarter Fourth quarter
Nature of report standalone or consolidated Consolidated
Whether results are audited or unaudited for the quarter ended Audited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Audited
Segment Reporting Multi segment
Description of single segment
Start date and time of board meeting 11-05-2026   17:30:00
End date and time of board meeting 11-05-2026   19:30:00
Whether cash flow statement is applicable on company Yes
Type of cash flow statement Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion


Financial Results — NBFC

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-01-2026 01-04-2025
B Date of end of reporting period 31-03-2026 31-03-2026
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Consolidated Consolidated
1 Income
Revenue from operations
(i) Interest Income 55,481.00 1,96,780.00
(ii) Dividend Income 162.00 175.00
(iii) Rental Income 0.00 0.00
(iv) Fees and commission Income 64,364.00 2,28,352.00
(v) Net gain on fair value changes 6,907.00 37,762.00
(vi) Net gain on derecognition of financial instruments under amortised cost category 0.00 0.00
(vii) Sale of products (including Excise Duty) 0.00 0.00
(viii) Sale of services 0.00 0.00
(ix) Other revenue from operations
Total other revenue from operations
Total Revenue From Operations 1,26,914.00 4,63,069.00
Other income 1,199.00 1,896.00
Total income 1,28,113.00 4,64,965.00
2 Expenses
Cost of materials consumed 0.00 0.00
Purchases of stock-in-trade 0.00 0.00
Changes in inventories of finished goods, work-in-progress and stock-in-trade 0.00 0.00
Employee benefit expense 34,554.00 1,26,182.00
Finance costs 25,762.00 97,667.00
Depreciation, depletion and amortisation expense 3,621.00 11,251.00
Fees and commission expense 10,203.00 35,899.00
Net loss on fair value changes 0.00 0.00
Net loss on derecognition of financial instruments under amortised cost category 0.00 0.00
Impairment on financial instruments 1,306.00 1,267.00
(f) Other expenses
1 Other expenses 17,992.00 55,584.00
Total other expenses 17,992.00 55,584.00
Total expenses 93,438.00 3,27,850.00
3 Total profit before exceptional items and tax 34,675.00 1,37,115.00
4 Exceptional items 0.00 0.00
5 Total profit before tax 34,675.00 1,37,115.00
7 Tax expense
8 Current tax 8,810.00 34,462.00
9 Deferred tax (185.00) 9.00
10 Total tax expenses 8,625.00 34,471.00
11 Net Profit Loss for the period from continuing operations 26,050.00 1,02,644.00
12 Profit (loss) from discontinued operations before tax 0.00 0.00
13 Tax expense of discontinued operations 0.00 0.00
17 Net profit (loss) from discontinued operation after tax 0.00 0.00
14 Share of profit (loss) of associates and joint ventures accounted for using equity method 829.00 1,382.00
15 Total profit (loss) for period 26,879.00 1,04,026.00
16 Other comprehensive income net of taxes 263.00 466.00
17 Total Comprehensive Income for the period 27,142.00 1,04,492.00
18 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent 26,915.00 1,04,104.00
Total profit or loss, attributable to non-controlling interests (36.00) (78.00)
19 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent 27,178.00 1,04,568.00
Total comprehensive income for the period attributable to owners of parent non-controlling interests (36.00) (76.00)
20 Details of equity share capital
Paid-up equity share capital 3,641.00 3,641.00
Face value of equity share capital 2 2
21 Reserves excluding revaluation reserve 4,06,497.00
22 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings per share from continuing operations 14.79 57.59
Diluted earnings per share from continuing operations 14.4 56.06
ii Earnings per equity share for discontinued operations
Basic earnings per share from discontinued operations 0 0
Diluted earnings per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings per share 14.79 57.59
Diluted earnings per share 14.4 56.06
23 Debt equity ratio 2.800 2.800
24 Debt service coverage ratio 0.05000 0.1900
25 Interest service coverage ratio 2.400 2.4400
26 Disclosure of notes on financial results Textual Information(1)


Remarks

23 Debt equity ratio Debt-equity Ratio = Total debt (Debt securities + Borrowings (other than debt securities)) / Net worth
24 Debt service coverage ratio Debt Service Coverage Ratio = (Profit before tax and Finance cost excluding IND AS 116 impact) / ( Finance cost excluding IND AS 116 impact + Total Debt)
25 Interest service coverage ratio Interest Service Coverage Ratio = Profit before tax and Finance cost excluding IND AS 116 impact / Finance cost excluding IND AS 116 impact


Text Block

Textual Information(1) Due to the size constraint set at 4000 characters for notes on financial results, we are unable to submit notes in the XBRL file. Accordingly, request you to refer to the results uploaded on the Stock Exchange websites at www.nseindia.com and www.bseindia.com and on the website of the Company at www.nuvama.com.


Cash flow statement, indirect

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
A Date of start of reporting period 01-04-2025
B Date of end of reporting period 31-03-2026
C Whether results are audited or unaudited Audited
D Nature of report standalone or consolidated Consolidated
Statement of cash flows
Cash flows from used in operating activities
Profit before tax 1,37,115.00
Adjustments for reconcile profit (loss)
Adjustments for finance costs 1,763.00
Adjustments for decrease (increase) in inventories 0.00
Adjustments for decrease (increase) in trade receivables, current (25,261.00)
Adjustments for decrease (increase) in trade receivables, non-current 0.00
Adjustments for decrease (increase) in other current assets 0.00
Adjustments for decrease (increase) in other non-current assets (3,469.00)
Adjustments for other financial assets, non-current 0.00
Adjustments for other financial assets, current (3,97,964.00)
Adjustments for other bank balances (1,68,732.00)
Adjustments for increase (decrease) in trade payables, current (3,71,244.00)
Adjustments for increase (decrease) in trade payables, non-current 0.00
Adjustments for increase (decrease) in other current liabilities 0.00
Adjustments for increase (decrease) in other non-current liabilities (3,028.00)
Adjustments for depreciation and amortisation expense 11,560.00
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 1,267.00
Adjustments for provisions, current 0.00
Adjustments for provisions, non-current 2,065.00
Adjustments for other financial liabilities, current 5,42,660.00
Adjustments for other financial liabilities, non-current 0.00
Adjustments for unrealised foreign exchange losses gains 0.00
Adjustments for dividend income 0.00
Adjustments for interest income 1,419.00
Adjustments for share-based payments 2,916.00
Adjustments for fair value losses (gains) 4,766.00
Adjustments for undistributed profits of associates 0.00
Other adjustments for which cash effects are investing or financing cash flow (535.00)
Other adjustments to reconcile profit (loss) 0.00
Other adjustments for non-cash items 0.00
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0.00
Total adjustments for reconcile profit (loss) (4,04,655.00)
Net cash flows from (used in) operations (2,67,540.00)
Dividends received 0.00
Interest paid 0.00
Interest received 0.00
Income taxes paid (refund) 33,813.00
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) operating activities (3,01,353.00)
Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses 0.00
Cash flows used in obtaining control of subsidiaries or other businesses 0.00
Other cash receipts from sales of equity or debt instruments of other entities 0.00
Other cash payments to acquire equity or debt instruments of other entities 0.00
Other cash receipts from sales of interests in joint ventures 0.00
Other cash payments to acquire interests in joint ventures 0.00
Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships 0.00
Cash payment for investment in partnership firm or association of persons or limited liability partnerships 0.00
Proceeds from sales of property, plant and equipment 94.00
Purchase of property, plant and equipment 2,868.00
Proceeds from sales of investment property 0.00
Purchase of investment property 0.00
Proceeds from sales of intangible assets 0.00
Purchase of intangible assets 0.00
Proceeds from sales of intangible assets under development 0.00
Purchase of intangible assets under development 0.00
Proceeds from sales of goodwill 0.00
Purchase of goodwill 0.00
Proceeds from biological assets other than bearer plants 0.00
Purchase of biological assets other than bearer plants 0.00
Proceeds from government grants 0.00
Proceeds from sales of other long-term assets 34,197.00
Purchase of other long-term assets 45,857.00
Cash advances and loans made to other parties 0.00
Cash receipts from repayment of advances and loans made to other parties 0.00
Cash payments for future contracts, forward contracts, option contracts and swap contracts 0.00
Cash receipts from future contracts, forward contracts, option contracts and swap contracts 0.00
Dividends received 0.00
Interest received 1,255.00
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash 414.00
Net cash flows from (used in) investing activities (12,765.00)
Cash flows from used in financing activities
Proceeds from changes in ownership interests in subsidiaries 0.00
Payments from changes in ownership interests in subsidiaries 0.00
Proceeds from issuing shares 0.00
Proceeds from issuing other equity instruments 0.00
Payments to acquire or redeem entity's shares 0.00
Payments of other equity instruments 0.00
Proceeds from exercise of stock options 5,647.00
Proceeds from issuing debentures notes bonds etc 0.00
Proceeds from borrowings 3,81,221.00
Repayments of borrowings 10,752.00
Payments of lease liabilities 7,888.00
Dividends paid 50,117.00
Interest paid 0.00
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) financing activities 3,18,111.00
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes 3,993.00
Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents 847.00
Net increase (decrease) in cash and cash equivalents 4,840.00
Cash and cash equivalents cash flow statement at beginning of period 53,258.00
Cash and cash equivalents cash flow statement at end of period 58,098.00




Statement of Asset and Liabilities

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
Date of start of reporting period 01-04-2025
Date of end of reporting period 31-03-2026
Whether results are audited or unaudited Audited
Nature of report standalone or consolidated Consolidated
Assets
1 Finanical Asset
Cash and cash equivalents 58,098.00
Bank Balance other than (a) above 21,39,014.00
Derivative financial instruments 61,928.00
Receivables
(I) Trade Receivables 99,729.00
(II) Other Receivables 0.00
Loans 7,65,986.00
Investments 35,824.00
Other Financial assets
1 Securities held for trading 1,70,199.00
2 Other Financial assets 68,577.00
Total of Other Financial assets 2,38,776.00
Total Financial Assets 33,99,355.00
2 Non Financial Asset
Inventories 0.00
Current tax assets (Net) 8,628.00
Deferred tax Assets (Net) 3,007.00
Investment Property 3,782.00
Biological assets other than bearer plants 0.00
Property, Plant and Equipment 21,081.00
Capital work-in-progress 21.00
Intangible assets under development 865.00
Goodwill 0.00
Other Intangible assets 3,157.00
Other non-financial assets
1 Other non-financial assets 9,231.00
Total of Other non-financial assets 9,231.00
Total Non Financial Assets 49,772.00
Total assets 34,49,127.00
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 3,641.00
Other equity 4,08,453.00
Total equity attributable to owners of parent 4,12,094.00
Non controlling interest 22100000
Total equity 4,12,315.00
2 Liabilities
2.1 Financial Liabilities
(a) Derivative financial instruments 9,718.00
(b) Payables 0.00
(I)Trade Payables
(i) total outstanding dues of micro enterprises and small enterprises 4,048.00
(ii) total outstanding dues of creditors other than micro enterprises and small enterprises 2,29,060.00
II) Other Payables
(i) total outstanding dues of micro enterprises and small enterprises 0.00
(ii) total outstanding dues of creditors other than micro enterprises and small enterprises 0.00
(C ) Debt Securities 10,54,190.00
(d) Borrowings (Other than Debt Securities) 1,00,162.00
(e) Deposits 0.00
(f) Subordinated Liabilities 0.00
Other financial liabilities
1 Other financial liabilities 16,12,154.00
Total of Other financial liabilities 16,12,154.00
Total Financial Liabilities 30,09,332.00
2.2 Non-Financial Liabilities
(a) Current tax liabilities (Net) 7,021.00
(b) Provisions 3,342.00
(C ) Deferred tax liabilities (Net) 8.00
Other non-financial liabilities
1 Other non-financial liabilities 17,109.00
Total of Other non-financial liabilities 17,109.00
Total Non Financial Liabilities 27,480.00
Total liabilities 30,36,812.00
Total equity and liabilites 34,49,127.00
Disclosure of notes on assets and liabilities Textual Information(1)


Text Block

Textual Information(1) Due to the size constraint set at 4000 characters for notes on financial results, we are unable to submit notes in the XBRL file. Accordingly, request you to refer to the results uploaded on the Stock Exchange websites at www.nseindia.com and www.bseindia.com and on the website of the Company at www.nuvama.com.


Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results

Amount in (Lakhs)

Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-01-2026 01-04-2025
B Date of end of reporting period 31-03-2026 31-03-2026
Whether results are audited or unaudited Audited Audited
Nature of report standalone or consolidated Consolidated Consolidated
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
1 Wealth management business 78,509.00 2,76,137.00
2 Asset management business 2,472.00 13,564.00
3 Capital markets business 47,518.00 1,91,615.00
4 Unallocated 1,865.00 47,436.00
5 Inter-segment eliminations 0.00 0.00
6 Share in profit / (loss) of associate 0.00 0.00
7 Share in profit / (loss) of joint venture 0.00 0.00
Total Segment Revenue 1,30,364.00 5,28,752.00
Less: Inter segment revenue 2,251.00 63,787.00
Revenue from operations 1,28,113.00 4,64,965.00
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
1 Wealth management business 16,232.00 56,673.00
2 Asset management business (1,922.00) (2,682.00)
3 Capital markets business 20,645.00 83,339.00
4 Unallocated (947.00) 43,063.00
5 Inter-segment eliminations 667.00 (43,278.00)
6 Share in profit / (loss) of associate 562.00 824.00
7 Share in profit / (loss) of joint venture 267.00 558.00
Total Profit before tax 35,504.00 1,38,497.00
i. Finance cost 0.00 0.00
ii. Other Unallocable Expenditure net off Unallocable income 0.00 0.00
Profit before tax 35,504.00 1,38,497.00
3 (Segment Asset - Segment Liabilities)
Segment Asset
1 Wealth management business 14,47,029.00 14,47,029.00
2 Asset management business 16,230.00 16,230.00
3 Capital markets business 20,60,135.00 20,60,135.00
4 Unallocated 29,991.00 29,991.00
5 Inter-segment eliminations (1,04,258.00) (1,04,258.00)
6 Share in profit / (loss) of associate 0.00 0.00
7 Share in profit / (loss) of joint venture 0.00 0.00
Total Segment Asset 34,49,127.00 34,49,127.00
Un-allocable Assets 0.00 0.00
Net Segment Asset 34,49,127.00 34,49,127.00
4 Segment Liabilities
Segment Liabilities
1 Wealth management business 12,28,399.00 12,28,399.00
2 Asset management business 4,755.00 4,755.00
3 Capital markets business 18,95,849.00 18,95,849.00
4 Unallocated 14,317.00 14,317.00
5 Inter-segment eliminations (1,06,508.00) (1,06,508.00)
6 Share in profit / (loss) of associate 0.00 0.00
7 Share in profit / (loss) of joint venture 0.00 0.00
Total Segment Liabilities 30,36,812.00 30,36,812.00
Un-allocable Liabilities 0.00 0.00
Net Segment Liabilities 30,36,812.00 30,36,812.00
Disclosure of notes on segments Textual Information(1)


Text Block

Textual Information(1) Due to the size constraint set at 4000 characters for notes on financial results, we are unable to submit notes in the XBRL file. Accordingly, request you to refer to the results uploaded on the Stock Exchange websites at www.nseindia.com and www.bseindia.com and on the website of the Company at www.nuvama.com.


Other Comprehensive Income

Amount in (Lakhs)

Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-01-2026 01-04-2025
B Date of end of reporting period 31-03-2026 31-03-2026
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Consolidated Consolidated
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 Remeasurement gain / loss on defined benefit plans (OCI) -20200000 -50100000
2 Share of JV in OCI 100000 0
3 Share of associate in OCI 0 -100000
Total Amount of items that will not be reclassified to profit and loss -20100000 -50200000
2 Income tax relating to items that will not be reclassified to profit or loss (47.00) (121.00)
3 Amount of items that will be reclassified to profit and loss
1 Foreign Exchange Translation Reserve - OCI 41700000 84700000
Total Amount of items that will be reclassified to profit and loss 41700000 84700000
4 Income tax relating to items that will be reclassified to profit or loss 0.00 0.00
5 Total Other comprehensive income 263.00 466.00




Details of Impact of Audit Qualification

Amount in (Lakhs)

Whether results are audited or unaudited Audited
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Auditor's opinion
Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results Yes
Sr No. Audit firm's name Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI Certificate valid upto
1 S.R. Batliboi & Co. LLP Yes 31-07-2027