Nuvama Wealth Management Limited announced its consolidated and standalone unaudited financial results for the quarter and nine months ended December 31, 2025, demonstrating steady performance across its diversified financial services portfolio. The Board of Directors approved these results at their meeting held on January 23, 2026.

Financial Performance Overview

The company delivered robust financial results for Q3 FY26, with consolidated performance showing resilience across key metrics:

For the nine months ended December 31, 2025, the consolidated performance showed stronger growth momentum:

Revenue Composition and Segment Performance

The company's diversified revenue streams contributed to overall growth. Fee and commission income reached ₹548.32 crores in Q3 FY26 compared to ₹514.93 crores in Q3 FY25, while interest income grew to ₹473.72 crores from ₹442.19 crores. Net gain on fair value changes contributed ₹82.15 crores versus ₹77.23 crores in the previous year.

Segment-wise performance for Q3 FY26 showed:

Strategic Leadership Changes

The Board approved significant organizational changes effective February 1, 2026. Mr. Keyur Ajmera will be appointed as Group Chief Risk Officer, replacing Mr. Venkataraman Ananthakrishnan, who will transition to a new senior leadership role at the Nuvama Group level. Mr. Ajmera brings over 18 years of risk management experience across financial services, with expertise spanning non-bank lending, broking, clearing, wealth management, and asset management.

Investment in Subsidiary

The Board approved an investment of up to ₹100 crores in Nuvama Asset Management Limited (NAML), a wholly owned subsidiary. This investment will be made in one or more tranches through subscription of equity shares to support NAML's compliance with SEBI's mutual fund net worth requirements and working capital needs. NAML operates in portfolio management services and acts as investment manager for various Alternative Investment Funds.

Standalone Performance

The standalone financial results showed strong performance, particularly driven by dividend income. For Q3 FY26, standalone net profit reached ₹280.29 crores compared to ₹206.86 crores in Q3 FY25. Total income stood at ₹406.50 crores versus ₹385.35 crores, with dividend income contributing ₹230.55 crores during the quarter.

Strategic Value Discovery Initiative

The company announced its evaluation of various strategies for better value discovery for all shareholders, including preliminary exploration of optimal business segment organization. The management indicated that relevant disclosures with details will be made as and when required going forward.

Regulatory and Legal Updates

The company continues to address ongoing legal matters related to its subsidiary Nuvama Clearing Services Limited. The Supreme Court of India has admitted appeals filed by the subsidiary on January 13, 2026, regarding clearing obligations disputes. Based on legal opinions obtained, the management believes no adjustments are required in the financial results.

The company also implemented provisions of the New Labour Codes effective November 21, 2025, recognizing an incremental one-time expense of ₹10.57 crores as past service cost during the quarter.

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Nuvama Wealth Management Limited has announced its upcoming non-deal roadshow scheduled from January 26 to February 2, 2026, as part of its regular investor engagement activities. The announcement was made through a regulatory filing dated January 22, 2026, in compliance with SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Roadshow Details and Format

The non-deal roadshow will span eight days and feature multiple engagement formats to accommodate various investor preferences. The company has structured the meetings to maximize accessibility and participation from the investment community.

Investor Engagement Activities

The roadshow will involve company representatives meeting with various investors and analysts to discuss the company's performance and strategic outlook. These meetings are designed to provide comprehensive insights into the company's operations while maintaining regulatory compliance.

During the roadshow, company representatives will present and discuss the investor presentation for the quarter and nine months ended December 31, 2025. This presentation will be made available on both the company's official website and stock exchange platforms during the conference period.

Compliance and Information Sharing

Nuvama Wealth Management has emphasized its commitment to regulatory compliance during the roadshow activities. The company has explicitly stated that no unpublished price-sensitive information will be shared or discussed during any of the scheduled conferences or meetings.

The roadshow schedule remains subject to change due to any unforeseen circumstances or exigencies that may arise during the planned period. This flexibility ensures that the company can adapt to changing conditions while maintaining its commitment to investor engagement.

Corporate Communication

The announcement was signed by Sneha Patwardhan, Company Secretary and Compliance Officer, demonstrating the company's adherence to proper corporate governance protocols. The digital signature was applied on January 22, 2026, ensuring the authenticity and timeliness of the regulatory communication.