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Nuvama Wealth Management Limited (the 'Company') has prepared consolidated financial results (the 'Statement') for the quarter and half year ended September 30, 2026 in accordance with Regulation 33 and 52 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 as amended (the 'Listing Regulations, 2015') and the Accounting Standards specified under section 133 of the Companies Act, 2013 read with the Companies ('Indian Accounting Standards') Rules, 2015 as amended and the relevant provision of the Companies Act, 2013, as applicable. <br /> <br /> 2. The consolidated financial results of the Company and its subsidiaries (together referred to as 'Group'), its associate and joint venture for the quarter and half year ended September 30, 2026 have been reviewed and recommended by the Audit Committee and approved by the Board of Directors at their meetings held on November 06, 2026. Refer Annexure 1 for list of subsidiaries, associate and joint venture forming part of consolidated financial results. <br /> <br /> 3. The above consolidated financial results for the quarter and half year ended September 30, 2026 have been subjected to limited review by the Statutory Auditors of the Company and the auditors have issued an unmodified review report. <br /> <br /> 4. Earnings per share for the quarter and half year ended are not annualised. <br /> <br /> 5. On September 02, 2026, the Hon’ble Supreme Court of India allowed Nuvama Clearing Services Limited’s ('NCSL'), Subsidiary of the Company, appeal in the matters relating to Anugrah Stock & Broking Private Limited and V-Rise Securities Private Limited (collectively referred to as 'Trading Members') thereby setting aside the impugned orders of the Securities Appellate Tribunal and the Membership and Core Settlement Guarantee Fund Committee which had directed reinstatement of securities (alleged to be wrongly liquidated) to the end clients of the Trading Members. Accordingly, the matters stand concluded in favour of NCSL. <br /> <br /> 6. "The Board of Directors of the Company, at its meeting held on November 04, 2025, approved the sub-division of each equity share having a face value of Rs.10/- (Rupees Ten only), fully paid-up, into 5 (five) equity shares having a face value of Rs. 2/- (Rupees Two only), fully paid-up. Subsequently, the approval of the shareholders was obtained through a postal ballot on December 07, 2025. <br /> <br /> Consequently, with effect from the Record Date of December 26, 2025, the authorised share capital and paid-up share capital of the Company have been sub-divided into equity shares of face value Rs. 2/- each. Accordingly, the Earnings Per Share (EPS) for the quarter and half year ended September 30, 2025 has been adjusted/restated appropriately." <br /> <br /> 7. On August 7, 2026, the Company acquired the remaining 26% equity stake in Pickright Technologies Private Limited from the non-controlling shareholders. Consequently, Pickright Technologies Private Limited became a wholly owned subsidiary of the Company with effect from August 7, 2026. <br /> <br /> 8. Previous periods/ year figures have been regrouped/ re-classified wherever necessary in line with the financial results for the quarter and half year ended September 30, 2026. The impact, if any, are not material to the financial results. <br /> <br /> 9. These consolidated financial results are available on the website of BSE Limited ('BSE') (www.bseindia.com), National Stock Exchange of India Limited ('NSE') (www.nseindia.com) and Company's website (www.nuvama.com). <br /> 2026-04-012026-09-30UnauditedConsolidated1277760000010100000011942800000267890000000027409400000858000002749520000000076389000005897600000546800000209670000000660000031363000001932290000081723000000817230000020901000002700000021171000006055200000000360000006091200000-1780000060734000006093100000-19000006075300000-1900000369000000233.3232.740033.3232.740.02910.0010.0241Debt-equity Ratio = Total debt (Debt securities + Borrowings (other than debt securities) + Subordinated liabilities) / Net worthDebt Service Coverage Ratio = (Profit before tax and Finance cost excluding IND AS 116 impact) / ( Finance cost excluding IND AS 116 impact + Total Debt)Interest Service Coverage Ratio = Profit before tax and Finance cost excluding IND AS 116 impact / ..Finance cost excluding IND AS 116 impactOther expenses1323800000Other expenses313630000036097000002140099000009166500000106357000000959554000004031200000192330000003566414000000115150000027410000036660000002171300000600000135800000027950000010872000005466600000362108000000369000000451575000004552650000004552650000044350000003747000002172620000000125649500000632630000005050000001578578000003128830000001579300000135300000110000019828000003698500000316581500000362108000000Due 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.Securities held for trading17416000000Other financial assets1817000000Other non-financial assets1087200000Other financial liabilities157857800000Other non-financial liabilities1982800000Wealth management business8180100000Asset management business54400000Capital markets business5907400000Unallocated-48500000Inter-segment eliminations0Share in profit of associate0Share in profit of joint venture0Wealth management business16015500000Asset management business430300000Capital markets business11876300000Unallocated2536000000Inter-segment eliminations0Share in profit of associate0Share in profit of joint venture0140934000003085810000041780000033629000001367560000027495200000Wealth management business1847800000Asset management business-341100000Capital markets business2587000000Unallocated-95300000Inter-segment eliminations93200000Share in profit of associate3000000Share in profit of joint venture8500000Wealth management business3322100000Asset management business-418200000Capital markets business5273200000Unallocated2413000000Inter-segment eliminations-2417800000Share in profit of associate11200000Share in profit of joint venture2480000041031000008208300000000041031000008208300000Wealth management business164344700000Asset management business1660600000Capital markets business200743000000Unallocated0Inter-segment eliminations-7540100000Share in profit of associate0Share in profit of joint venture03592082000002899800000362108000000Wealth management business139166700000Asset management business520000000Capital markets business183027300000Unallocated0Inter-segment eliminations-7799000000Share in profit of associate0Share in profit of joint venture03149150000001666500000316581500000Due 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.Remeasurement gain / loss on defined benefit plans (OCI)-39600000Share of JV in OCI-100000Share of associate in OCI-100000-39800000Remeasurement gain / loss on defined benefit plans (OCI)-37200000Share of JV in OCI-200000Share of associate in OCI-300000-37700000-9700000-8800000Foreign Exchange Translation Reserve - OCI1240000012400000Foreign Exchange Translation Reserve - OCI111000001110000000-17700000-17800000908000000-79770000000-1642000000-17945400000-1085000001477000000-477180000055000005599000006600000000000113800000154900000-2079000000-245000000303000000-23138100000-1496580000000014929000000-164587000000208000000000008000002610000000000000000027808000003133800000000013400000107700000020700000-4922000000000006379000000170455000000393200000255050000000014739700000-221120000011100000-220010000058098000003609700000