Summary of Key Information:

Reporting Period (Quarter/Year): Quarter and Half Year ended September 30, 2026

Nature of Filing / Announcement: Outcome of Board Meeting - Financial Results and Investment Approvals

Audit Opinion:

Clean opinion - Unmodified review reports issued by S.R. Batliboi & Co. LLP for both consolidated and standalone financial results

Key Financial Highlights [₹ in Crore]:

Consolidated Results:

Quarter ended September 30, 2026:

  • Revenue from Operations: ₹1,366.06 (Q2 FY26: ₹1,134.71, +20.4% YoY)
  • Total Income: ₹1,367.56 (Q2 FY26: ₹1,137.93, +20.2% YoY)
  • Operating Profit After Tax: ₹319 (Q2 FY26: ₹254, +25.6% YoY)
  • Reported PAT: ₹304 (after one-time charge of ₹16 Cr)
  • EPS (Basic): ₹16.54 (Q2 FY26: ₹14.11)
  • EPS (Diluted): ₹16.25 (Q2 FY26: ₹13.63)

Half Year ended September 30, 2026:

  • Revenue from Operations: ₹2,740.94 (H1 FY26: ₹2,257.36, +21.4% YoY)
  • Total Income: ₹2,749.52 (H1 FY26: ₹2,262.54, +21.5% YoY)
  • Operating Profit After Tax: ₹625 (H1 FY26: ₹518, +20.7% YoY)
  • Net Profit: ₹609.12 (H1 FY26: ₹517.85, +17.6% YoY)
  • EPS (Basic): ₹33.32 (H1 FY26: ₹28.78)
  • EPS (Diluted): ₹32.74 (H1 FY26: ₹27.80)

Consolidated Balance Sheet Position (as at September 30, 2026):

  • Cash and Cash Equivalents: ₹360.97 Cr (March 31, 2026: ₹580.98 Cr)
  • Bank Balances (other than cash): ₹21,400.99 Cr (March 31, 2026: ₹21,390.14 Cr)
  • Loans: ₹9,595.54 Cr (March 31, 2026: ₹7,676.92 Cr)
  • Total Debt [Debt securities + Borrowings]: ₹13,197.08 Cr (March 31, 2026: ₹11,543.52 Cr)
  • Total Assets: ₹36,210.80 Cr (March 31, 2026: ₹34,491.27 Cr)
  • Net Worth: ₹4,552.65 Cr (March 31, 2026: ₹4,123.15 Cr)

Standalone Results:

Quarter ended September 30, 2026:

  • Total Income: ₹201.78 Cr (Q2 FY26: ₹192.01 Cr, +5.1% YoY)
  • Net Profit: ₹19.71 Cr (Q2 FY26: ₹46.35 Cr, -57.5% YoY)
  • EPS (Basic): ₹1.07 (Q2 FY26: ₹2.57)

Half Year ended September 30, 2026:

  • Total Income: ₹632.65 Cr (H1 FY26: ₹617.66 Cr, +2.4% YoY)
  • Net Profit: ₹274.41 Cr (H1 FY26: ₹267.83 Cr, +2.5% YoY)
  • EPS (Basic): ₹15.01 (H1 FY26: ₹14.88)

Segment-wise Performance:

Wealth Management Business:

Q2 FY27 Performance:

  • Revenue: ₹501 Cr (+14% YoY)
  • PBT: ₹184 Cr (+22% YoY)
  • Client Assets: ₹3,71,129 Cr (+16% YoY)

Nuvama Wealth (Sub-segment):

  • Revenue: ₹275 Cr (+14% YoY)
  • PBT: ₹102 Cr (+21% YoY)
  • Cost-to-income ratio: 63% (improved 200 bps YoY)
  • MPIS Net New Money (NNM): ₹3,289 Cr (record quarterly)

Nuvama Private (Sub-segment):

  • Revenue: ₹226 Cr (+15% YoY)
  • PBT: ₹82 Cr (+24% YoY)
  • ARR Revenue: +60% YoY
  • ARR NNM: ₹4,986 Cr (record quarterly)

Asset Management Business:

  • Management Fee: ₹17 Cr in Q2 (-2% YoY)
  • Closing AUM: ₹12,000 Cr (+1% YoY)
  • Received SEBI approval to launch Specialized Investment Fund platform 'Numa SIF'

Asset Services and Capital Markets:

Q2 FY27 Performance:

  • Asset Services Revenue: ₹245 Cr (+53% YoY)
  • Capital Markets Revenue: ₹175 Cr (+9% YoY)
  • PBT: ₹259 Cr (+34% YoY)
  • Client Assets (Asset Services): ₹1,63,835 Cr (+55% YoY)

Corporate Actions:

  • Dividend: Not specified in this announcement
  • Share Split: The company had previously sub-divided each equity share from face value of ₹10 to ₹2 with effect from Record Date December 26, 2025
  • Investment Approvals: Board approved investments of up to ₹400 Cr in Nuvama Wealth Finance Limited and up to ₹300 Cr in Nuvama Wealth and Investment Limited, in one or more tranches

Other Significant Information:

  • Client Assets reached ₹5.5 trillion, up 25% YoY
  • MPIS and ARR client assets across Nuvama Wealth and Private increased 27% YoY to nearly ₹1.1 trillion
  • Return on Equity remained strong at ~29%
  • The company has built scaled and profitable franchises across business segments with synergies creating an integrated platform