Nuvama Wealth Management Limited — Q1FY27 earnings call summary

Filed 05 August 2026 · Official transcript

Q1 FY27 quarterly profit crossed INR300 crores, surpassing FY22 full-year profit
Asset management losses expected INR35-40 crores in FY27; breakeven expected post Q4
Offshore business breakeven in Dubai; Singapore breakeven expected by year-end
Capital markets: fixed income and institutional equities strong; IPO activity expected to pick up
Cost-to-income ratio steady at 55%; employee cost up 17%, opex up 24% y-y
Technology investments include AI chatbots and voice assistants improving RM productivity
Client assets crossed INR5.36 lakh crores; MPIS assets grew 32% y-y to INR42,500 crores
Net new money in MPIS highest ever at INR3,000 crores; private ARR assets grew 21% to INR58,000 crores