Nuvama Wealth Management Reports Financial Results for Q2 FY26 and Announces Stock Split

Nuvama Wealth Management Limited, a prominent wealth management firm in India, has announced its financial results for the quarter ending September 30, 2025. The company also declared an interim dividend and a stock split for the fiscal year 2025-2026. Nuvama, with over 25 years of experience, offers comprehensive financial solutions in capital markets, asset management, and wealth management.

The Board of Directors has approved an interim dividend of Rs. 70 per equity share with a face value of Rs. 10 each for the fiscal year 2025-26. The record date for this dividend is set for November 11, 2025. The payment or dispatch of the dividend is expected by December 3, 2025, subject to applicable taxes.

The company has also announced a stock split to enhance market liquidity and make shares more affordable. Each equity share with a face value of Rs. 10 will be subdivided into five shares with a face value of Rs. 2 each. This change requires approval from the company's members through a postal ballot and any necessary regulatory approvals.

Following the stock split, Nuvama's authorised share capital will increase from 7,99,54,000 shares to 39,97,70,000 shares. The issued, subscribed, and paid-up capital will rise from 3,61,18,815 shares to 18,05,94,075 shares. The company expects to complete this process within two months after receiving shareholder approval.

In the September 2025 quarter, Nuvama reported a net profit of Rs. 254.13 crore, slightly down by 1.36% compared to Rs. 257.64 crore in the same quarter last year. However, consolidated net sales increased by 7.93% to Rs. 1,134.71 crore from Rs. 1,051.35 crore in the previous year’s quarter.

EBITDA also saw growth in Q2FY26, rising by 4.85% to Rs. 596.60 crore from Rs. 569.03 crore in Q2FY25 according to Moneycontrol.

Nuvama Wealth Target Price

Technical analyst Riyank Arora from Mehta Equities Ltd commented on Nuvama Wealth's stock performance: "Nuvama Wealth continues to exhibit strong bullish momentum on technical charts, trading firmly above its short-term and medium-term moving averages. The stock recently broke out of a consolidation range near ₹7,200, supported by rising volumes and a positive RSI crossover, indicating renewed buying interest."

"The trend structure remains robust with higher highs and higher lows, suggesting continued strength," Arora added. "Sustaining above ₹7,350 could lead to further upside toward ₹7,600-₹7,800 in the near term."

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