NNextResearch

Nuvama Wealth Management NUVAMA

Wealth manager (formerly Edelweiss Wealth, controlled by PAG) with asset services (custody, clearing), institutional equities and private markets

Mapped in 1 theme: Capital Markets.

From publicly available information

Where Nuvama Wealth Management sits in the supply chain

Nuvama Wealth Management appears in 2 supply-chain layers in one theme, Capital Markets.

Revenue and profit

₹ CrFY22FY23FY24FY25FY26
Revenue1,7782,2233,1564,1624,638
Net profit8573056259851,040

Latest-year revenue ₹4,638 Cr (FY26, company-wide).

Strengths

  • Asset-services arm clears and custodies for foreign portfolio investors - a market-plumbing earner too
  • Strong institutional equities and IB franchise
  • Fast-growing private and affluent wealth businesses

Risks

  • Was a clearing member for Jane Street - a reminder that capital-markets income can concentrate in a few large traders
  • Cyclical IB and transactional wealth income

Common questions

What does Nuvama Wealth Management do?

Wealth manager (formerly Edelweiss Wealth, controlled by PAG) with asset services (custody, clearing), institutional equities and private markets.

Where does Nuvama Wealth Management sit in the supply chain?

Nuvama Wealth Management (NSE: NUVAMA) is mapped in 2 supply-chain layers: Investment banks & institutional equities (Capital Markets) and Wealth managers (Capital Markets).

Who are Nuvama Wealth Management's peers?

In the Wealth managers layer of Capital Markets: 360 ONE WAM, Anand Rathi Wealth, Motilal Oswal Financial Services, IIFL Capital Services and JM Financial.

What is Nuvama Wealth Management's market cap and valuation?

As of 6 Nov 2026: market cap ₹34,114 Cr, P/E 30.1x, ROCE 17.5%, ROE 27.4%, dividend yield 1.50%.