Summary of Key Information:
Reporting Period (Quarter/Year): Quarter ended June 30, 2026 (Q1 FY27)
Nature of Filing / Announcement: Outcome of Board Meeting pursuant to SEBI Listing Regulations
Audit Opinion:
Unmodified review report for both consolidated and standalone financial results.
Key Financial Highlights [₹ in Crore]:
Consolidated Results:
Revenue from Operations: ₹1,376.22 crore (Q1 FY27) vs ₹1,269.14 crore (Q4 FY26) [8.5% QoQ growth] vs ₹1,122.65 crore (Q1 FY26) [22.6% YoY growth]
Total Income: ₹1,381.96 crore (Q1 FY27) vs ₹1,281.13 crore (Q4 FY26) vs ₹1,124.61 crore (Q1 FY26)
Net Profit: ₹305.64 crore (Q1 FY27) vs ₹268.79 crore (Q4 FY26) [13.7% QoQ growth] vs ₹263.87 crore (Q1 FY26) [15.8% YoY growth]
EPS (Basic): ₹16.78 (Q1 FY27) vs ₹14.79 (Q4 FY26) vs ₹14.67 (Q1 FY26)
EPS (Diluted): ₹16.34 (Q1 FY27) vs ₹14.40 (Q4 FY26) vs ₹14.14 (Q1 FY26)
Standalone Results:
Revenue from Operations: ₹424.33 crore (Q1 FY27) vs ₹172.14 crore (Q4 FY26) [146.5% QoQ growth] vs ₹422.44 crore (Q1 FY26) [0.4% YoY growth]
Total Income: ₹430.87 crore (Q1 FY27) vs ₹180.15 crore (Q4 FY26) vs ₹425.65 crore (Q1 FY26)
Net Profit: ₹254.70 crore (Q1 FY27) vs ₹19.11 crore (Q4 FY26) [1,233% QoQ growth] vs ₹221.48 crore (Q1 FY26) [15.0% YoY growth]
EPS (Basic): ₹13.98 (Q1 FY27) vs ₹1.05 (Q4 FY26) vs ₹12.31 (Q1 FY26)
EPS (Diluted): ₹13.61 (Q1 FY27) vs ₹1.02 (Q4 FY26) vs ₹11.86 (Q1 FY26)
Segment-wise Performance [₹ in Crore]:
Consolidated Segment Revenue (Q1 FY27):
Wealth management business: ₹783.54 crore
Asset management business: ₹37.59 crore
Capital markets business: ₹596.89 crore
Unallocated: ₹258.45 crore
Consolidated Segment Profit before tax (Q1 FY27):
Wealth management business: ₹147.43 crore
Asset management business: (₹7.71) crore loss
Capital markets business: ₹268.62 crore
Unallocated: ₹250.83 crore
Standalone Segment Revenue (Q1 FY27):
Wealth management business: ₹2.22 crore
Capital markets business: ₹172.09 crore
Holding Company Activities: ₹250.17 crore
Unallocated: ₹6.39 crore
Standalone Segment Profit before tax (Q1 FY27):
Wealth management business: (₹16.13) crore loss
Capital markets business: ₹22.49 crore
Holding Company Activities: ₹250.17 crore
Unallocated: ₹0.47 crore
Corporate Actions:
No dividend declarations, share splits, bonus issues, or buybacks announced in this meeting.
Other Significant Information:
Acquisition of additional 26% equity stake in Pickright Technologies Private Limited (subsidiary) for ₹2.08 Crores (1,34,787 equity shares at ₹154 per share). Post-acquisition, Pickright becomes wholly owned subsidiary.
Investment of up to ₹100 crores in one or more tranches through equity subscription in Nuvama Asset Management Limited (wholly owned subsidiary).
The company completed share sub-division effective December 26, 2025 (Record Date), converting each equity share of face value ₹10 into 5 equity shares of face value ₹2 each.
Legal Proceedings:
Nuvama Clearing Services Limited (subsidiary) has ongoing appeals before Supreme Court regarding collateral liquidation matters involving clients Anugrah Stock & Broking Private Limited (~₹460.32 crore) and V-Rise Securities Private Limited (~₹22.27 crore). Final arguments concluded on July 23, 2026, and matters reserved for judgment.
Economic Offence Wing matters related to Anugrah clients: Bombay High Court order dated February 26, 2026, recorded steps to permanently lift lien on assets; Supreme Court dismissed SLP challenging this order on July 17, 2026.
Entities in Consolidation:
15 subsidiaries, 1 associate, and 1 joint venture included in consolidation.
Subsidiaries contributed total revenues of ₹302.12 crore and net profit of ₹47.00 crore for Q1 FY27.
Associate contributed Group's share of net profit of ₹0.82 crore for Q1 FY27.