Nuvama Wealth Management Ltd: Q2FY27 results
Nuvama Wealth Management Ltd reported revenue of Rs 199 cr and net profit of Rs 20 cr for Q2FY27.
Filed 06 Nov 2026, 14:03 IST · Nuvama Wealth Management Ltd (NUVAMA)
Price around the results
What was reported
Nuvama Wealth Management Ltd reported revenue of Rs 199 cr and net profit of Rs 20 cr for Q2FY27. Figures are standalone.
How it compares
Revenue changed +6.01% from a year earlier. Against the previous quarter revenue changed -53.10%.
Q2FY27 at a glance
Standalone figures as filed with NSE — filed ahead of third-party databases, not yet independently cross-checked.
| Line item | Q2FY27 | Q1FY27 | QoQ | YoY |
|---|---|---|---|---|
| Revenue | ₹199 cr | ₹424 cr | -53.10% | +6.01% |
| Other income | ₹3 cr | ₹7 cr | -57.65% | -35.28% |
| Expenses | ₹151 cr | ₹146 cr | +3.28% | +35.44% |
| Operating profit | ₹48 cr | ₹278 cr | -82.73% | -37.02% |
| Operating margin (%) | 24.13% | 65.55% | — | — |
| Interest | ₹20 cr | ₹24 cr | -17.23% | +42.94% |
| Depreciation | ₹4 cr | ₹4 cr | +1.89% | -12.93% |
| Profit before tax | ₹27 cr | ₹257 cr | -89.42% | -56.39% |
| Tax | ₹7 cr | ₹2 cr | +224.78% | -53.22% |
| Net profit | ₹20 cr | ₹255 cr | -92.26% | -57.48% |
| EPS (₹) | ₹1.07 | ₹13.98 | -92.35% | -91.69% |
Operating margin of 24.13% compares with a Financial Services sector median of 56.17% across 101 peers that have reported Q2FY27.
What management said
From the company’s own investor presentation. Each point is checked against the source document before it appears here.
This quarter
- Q2 revenue grew 14% year on year, driven by sustained momentum in MPIS and growth in NII.
- Capital Markets revenue grew 9% year on year, with equity revenue supported by secondary-market share gains and primary-issuance momentum.
Expansion
- Nuvama says expansion into adjacent service offerings and a robust pipeline position Asset Services and Capital Markets for continued growth.
New products
- Nuvama plans to launch CRE Prime Fund II, Private Credit and SIF products in H2 FY27.
New initiatives
- Nuvama added about 90 relationship managers in H1 and is broadening its solutions platform with research, offshore capabilities and advisory offerings.
- Nuvama is broadening its solutions platform with differentiated research, offshore capabilities and new advisory-led offerings.
- Nuvama received SEBI approval to launch the Numa SIF platform and offer SIF products.
- Nuvama plans launches across CRE, Private Credit and SIF in H2 FY27 to support future AUM accretion.
Problems & risks
- Planned private-market distributions and public-market redemptions offset robust CRE inflows amid volatile markets.