Nuvama Wealth Management Limited · NSE:NUVAMA
Nuvama Wealth Management — Investor Presentation (August 2025)
43 slides from Nuvama Wealth Management's investor presentation, August 2025
Slide 1: Company Overview August 2025
NUVAMA Company Overview August 2025 1
Slide 2: Contents
Contents 1 2 3 4 About Us Industry Our Businesses Strategy Overview 2
Slide 3: Contents Summary
Contents Summary ▪ Strong institutional ownership: PAG (promoter of company), 1. ABOUT US one of the largest Asia-based alternative investment managers ▪ Integrated wealth management platform with exhaustive 2. INDUSTRY OVERVIEW suite of offerings ▪ Only established player with proven execution acro
Slide 4: About Nuvama
ABOUT Nuvama Serving Client-first UHNI & Family Offices foundation HNI & Affluent Individuals Corporates & Institutions Well Scaled Wide Presence Client Assets of ₹ 4.6+ trillion ~3,400 employees across 100+ offices ~1,300 RMs Strong Governance Unique Proposition Experienced board and Multi Client S
Slide 5: Majority owned by PAG, a leading investment firm
Majority owned by PAG (promoter of company) a LEADING INVESTMENT FIRM One of the largest Asia-based alternative investment managers with USD 55B+ of assets under management in private equity, real assets, credit & markets Assets Under Management 1 Number of offices 2 Total Employees 1 USD 55B+ 13 ~8
Slide 6: Comprehensive wealth management platform with exhaustive suite of offerings
COMPREHENSIVE WEALTH MANAGEMENT PLATFORM with exhaustive suite of offerings Our vision is to provide our clients with comprehensive and tailored wealth management solutions and advice We Serve We Provide Access To 1. Products 2. Advisory 3. Capital Markets UHNI and Family Offices Third Party Proprie
Slide 7: Evolved into an integrated wealth management platform
Evolved from individual businesses into an INTEGRATED WEALTH MANAGEMENT PLATFORM 4. Listed, Strong Governance Company to 3. Transitioned Smoothly, Deliver Long-term Value Operating with Independent with PAG as the Promoter 2. Global Partnership Board, Governance, Operations Validating Platform and M
Slide 8: Well-positioned in this evolving wealth space
WELL-POSITIONED in this evolving wealth space Only scaled player in both client Culture Client segments with “Full Platform” capabilities Established UHNI and Wealth Managers High Family Boutique Offices Private Banks High Orientation RM / Client Networth & Domestic Banks Affluent Individuals Fintec
Slide 9: Established wealth manager covering majority of wealth client segments
As an ESTABLISHED WEALTH MANAGER, we cover client segments constituting majority of wealth ~35K 70-75% UHNI Households of total financial ~30 lacs HNI & AFFLUENT wealth Households MASS MARKET RETAIL 9
Slide 10: Unique business model enabling seamless client solutioning
UNIQUE BUSINESS MODEL, enabling value and seamless client solutioning across ecosystem Small & Medium UHNI Business Owners Family Offices & Business Owners HNI Advisory & Unique Research Products Referrals & Client Distribution Insights Corporates Affluent & Institutions Individuals ONE NUVAMA 10
Slide 11: A high growth company with diversified quality of earnings
A HIGH GROWTH COMPANY with diversified and superior quality of earnings Revenue All figures are in ₹ crore % are YoY +41% +31% ₹ 2,901 +19% ₹ 2,063 1,428 +32% ₹ 1,575 1,188 ₹ 1,322 1,016 ₹ 998 750 759 655 484 476 389 336 331 329 167 171 158 20 68 63 59 - FY21 FY22 FY23 FY24 FY25 Wealth Management As
Slide 12: Contents Summary: Industry Overview
Contents Summary ▪ India’s wealth landscape - powered by secular growth 1. ABOUT US trends ▪ Alternatives markets in India - poised to transform backed by strong growth drivers 2. INDUSTRY OVERVIEW ▪ Making this a self-reinforcing loop culminating in a structural and scalable opportunity 3. OUR BUSI
Slide 13: India's wealth landscape - powered by secular growth trends
India’s wealth landscape - powered by secular growth trends PRESENT TRENDS OUTLOOK WEALTH TO GDP DEMAND SIDE USA INDIA 1. Rising affluence and growth 6.5x 4.5x beyond tier 1 cities 2. Favoring investment assets over traditional financial assets Wealth under SHARE OF FINANCIAL WEALTH 3. Shift from pr
Slide 14: Alternatives markets in India poised to transform
Alternatives markets in India - poised to transform backed by strong growth drivers PRESENT TRENDS OUTLOOK ALTERNATIVES AS A % OF TOTAL AUM DEMAND SIDE GLOBAL INDIA 1. Rising allocations from HNIs and 15% 7% UHNIs to alternates 2. Search for alpha & risk- adjusted returns Alternates market AIF AUM T
Slide 15: Self-reinforcing loop culminating in a structural opportunity
Making this a self-reinforcing loop culminating in a structural and scalable opportunity SECULAR GROWTH IN WEALTH MANAGEMENT MARKET INFRASTRUCTURE EXPANSION - ASSET SERVICES Custody, Clearing, Expanding service portfolios GROWTH IN ASSET Mutual funds, AIFs, MANAGEMENT PMS scaling Growing capital poo
Slide 16: Contents Summary: Our Businesses
Contents Summary ▪ An integrated wealth management platform offering a 1. ABOUT US complete suite of services: o Wealth Management 2. INDUSTRY OVERVIEW o Asset Management o Asset Services o Capital Markets 3. OUR BUSINESSES ▪ Our value proposition: o Solution oriented approach, fulfilling all client
Slide 17: Business Summary: Overview
Business Summary: Overview MOST COMPREHENSIVE WIDE AND GROWING WELL SCALED SERVING PRODUCT SUITE SALES COVERAGE PLATFORM Wealth Management Investment Solutions Managed Products 4,400+ ~1,300 ₹ 3,23,585 Cr Client Assets Advisory Ultra High Networth Families Wealth RMs Wealth Management Exchange Trade
Slide 18: Our Businesses
Our Businesses Asset Services and Wealth Management Asset Management Capital Markets 18
Slide 19: Nuvama Wealth
Nuvama Wealth One of the leading wealth managers in Affluent and HNI client segments Well scaled Wide presence across India ₹ 1,05,716 Cr of client assets ~1,200 RMs and ~7,000 Active External Wealth Managers (EWM) ~1.3 million clients. ~20% serviced by RMs & External Wealth Managers Covering 500+ l
Slide 20: Nuvama Wealth: Value Proposition
Nuvama Wealth: Value Proposition 01 Multi-Product and Open Architecture Wide bouquet of investment solutions across asset classes and access to seasoned products Unbiased Solutions 02 Offering unbiased and customized solutions as per client’s needs, portfolio and risk appetite Hybrid Ecosystem 03 Co
Slide 21: Nuvama Wealth: Leveraging technology as a key enabler
Nuvama Wealth: Leveraging technology as a key enabler Single platform for all stakeholders (Client, RM, EWMs) One catering to all wealth management needs Platform Powered by AI, ML and data analytics to drive efficiency and enhance customer experience Onboarding CRM & Sales Portfolio Transactions &
Slide 22: Nuvama Wealth: A refreshed digital presence
Nuvama Wealth: A refreshed digital presence www.nuvamawealth.com Improved navigation and access to wealth management solutions Unbiased solutions, Multi-product platform In-depth analysis & live round-up of markets
Slide 23: Nuvama Wealth: Journey over years
Nuvama Wealth: Journey over years All figures are in ₹ Cr CLIENT ASSETS REVENUES 4Y CAGR 20% 4Y CAGR 817 30% 93,846 87,842 1,05,716 31% 574 669 77,930 409 50,889 52,575 17% 275 33,018 189 222 FY21 FY22 FY23 FY24 FY25 Q1 FY25 Q1 FY26 FY21 FY22 FY23 FY24 FY25 Q1 FY25 Q1 FY26 OPERATING PBT COST TO INCO
Slide 24: Nuvama Private
Nuvama Private Amongst top 2 independent private wealth players Well scaled High-quality team ₹ 2,17,868 Cr of client assets 135+ relationship managers 4,400+ families Comprehensive Solutions High customer satisfaction Investments | Lending | Estate Planning Net Promoter Score of 63 Family Office |
Slide 25: Nuvama Private: Value Proposition
Nuvama Private : Value Proposition Preserve and sustainably grow clients’ wealth through bespoke solutions across suite of offerings (A) (B) (C) (D) CLIENT PROFILE Bespoke Solution Investment Advisory Managed Accounts Wealth Structuring Suite Investment Policy Institutionalized Portfolio Holding Str
Slide 26: Nuvama Private: Journey over years
Nuvama Private : Journey over years All figures are in ₹ Cr CLIENT ASSETS REVENUES 4Y CAGR 4Y CAGR 17% 19% 1,99,452 1,86,282 2,17,868 31% 519 611 1,69,904 442 1,19,540 1,29,391 341 98,570 19% 210 131 155 FY21 FY22 FY23 FY24 FY25 Q1 FY25 Q1 FY26 FY21 FY22 FY23 FY24 FY25 Q1 FY25 Q1 FY26 OPERATING PBT
Slide 27: Nuvama Asset Management
Nuvama Asset Management Focused and high-performing alternatives asset management business Scaling with Speed Active Strategies AUM of ₹ 11,810 Cr Private Markets + Public Markets + Commercial Real Estate 93% of this being fee paying High-Quality Investment Team Strong Distribution 20+ investment pr
Slide 28: Nuvama Asset Management: Value Proposition
Nuvama Asset Management: Value Proposition 01 Differentiated Solutions Addressing client needs by offering unique products, powered by deep insights from wealth clients Proven Fund Management Capabilities 02 Established track record across public markets and private products. Delivering top quartile
Slide 29: Nuvama Asset Management: Journey over years
Nuvama Asset Management: Journey over years ASSETS UNDER MANAGEMENT REVENUES - MANAGEMENT FEE 3Y CAGR 54% 3Y CAGR 43% 11,307 11,810 65% 45 59 7,692 36 6,967 5,581 37% 3,856 18 13 13 FY22 FY23 FY24 FY25 Q1 FY25 Q1 FY26 FY22 FY23 FY24 FY25 Q1 FY25 Q1 FY26 FEE PAYING AUM NO OF STRATEGIES 3Y CAGR 76% 1
Slide 30: Nuvama Asset Services and Capital Markets
Nuvama Asset Services and Capital Markets Leading institutional practice with deep coverage and world-class capabilities Asset Services Institutional Equities and Investment Banking One stop platform with state-of-the-art technology 20+ years of experience, delivering quality research, strong distri
Slide 31: Asset Services: A recurring, rising & resilient business
Asset Services: A recurring, rising & resilient business 1. Industry overview 2. Nuvama’s strategic choice 3. Moats built 4. Results delivered Structural growth across parameters We serve select International and Comprehensive solution suite Client Assets: ₹ Tn 1.3 domestic institutional clients 0.9
Slide 32: Asset Services and Capital Markets: Journey over years
Nuvama Asset Services and Capital Markets: Journey over years CLIENT ASSETS - ASSET SERVICES REVENUES - ASSET SERVICES 4Y CAGR 19% 4Y CAGR 1,27,333 47% 41% 1,26,046 655 1,07,225 91,156 329 46% 38,708 43,532 171 193 27,056 167 158 132 FY21 FY22 FY23 FY24 FY25 Q1 FY25 Q1 FY26 FY21 FY22 FY23 FY24 FY25
Slide 33: Doing it right! Driving growth, earning recognition
Doing it right ! Driving growth, earning recognition Recognized with prestigious awards for excellence o Best Specialist Private Bank-India - Global Private Banking Innovation Awards, 2025 o Best Specialist Private Bank for UHNW Clients – Global Private Banking Innovation Awards, 2025 o Online Lead
Slide 34: ESG: Growing responsibly through ESG leadership
ESG: Growing responsibly through ESG leadership ENVIRONMENT SOCIAL GOVERNANCE o US GBC Gold certified head office for o ISO 27001:2022 Certified - Information o Aligning our approach towards ESG and interior designing security management system CSR with United Nation Sustainable Development Goals o
Slide 35: Contents Summary: Strategy
Contents Summary ▪ Necessary fundamentals in place 1. ABOUT US ▪ Adequately capitalized to achieve future goals 2. INDUSTRY OVERVIEW ▪ Well defined trajectory for each segment 3. OUR BUSINESSES 4. STRATEGY 35
Slide 36: Our Strategic Advantage
Our STRATEGIC ADVANTAGE Strong promoter with experienced management team PAG, promoter of the company, a leading investment firm, with AUM of USD 55+ billion Management team with visionary leadership having experienced multiple business cycles Integrated and differentiated platform Comprehensive sui
Slide 37: Well defined trajectory for each segment: Wealth Management
Well DEFINED TRAJECTORY for each segment EXECUTION STRATEGY FOCUS AREAS MARKERS Sep’23 Building entire Leverage tech to Continue journey Expand to NRI client In 5 years grow ecosystem with optimize cost-to- from product to segment and People at center. serve, improve portfolio solutions deepen exist
Slide 38: Well defined trajectory for each segment: Asset Management
Well DEFINED TRAJECTORY for each segment EXECUTION STRATEGY FOCUS AREAS MARKERS Sep’23 In 5 years grow Build full suite of Continue to scale public Expand AUM to 6-8x or Significantly alternatives market strategies Distribution 45-50% CAGR Scale Asset Management On-going On-going Nuvama Jun’25 Priva
Slide 39: Well defined trajectory for each segment: Asset Services
Well DEFINED TRAJECTORY for each segment EXECUTION STRATEGY FOCUS AREAS MARKERS Sep’23 In 5 years grow Asset Services clients assets to International Institutional Domestic Institutional Enterprise (Technology Client Group Client Group (AIF, PMS) and Operations) 2-2.5x or Grow assets 15-20% CAGR und
Slide 40: Annexures
INalatsy.lisys “a nuvama
Slide 41: Annexure 1: Our Board
Annexure 1: Our Board Experienced and Independent composition with good mix of business and functional skills Birendra Kumar Ashish Kehair Shiv Sehgal Nikhil Srivastava Aswin Vikram Chairperson & Independent Managing Director and Executive Director Non-Executive Nominee Non-Executive Nominee Directo
Slide 42: Safe harbour
Safe harbour DISCLAIMER : This presentation and the discussion may contain certain words or phrases that are forward-looking statements, which are tentative, based on current expectations of the management of Nuvama Wealth Management Limited or any of its subsidiaries, associate companies and joint
Slide 43: Thank You
Thank You For more details refer data book published on our website. Click here to access. # Data Book Contents 1 Consolidated Performance 2 Segmental Performance - Wealth Management a) Nuvama Wealth b) Nuvama Private 3 Segmental Performance - Nuvama Asset Management 4 Segmental Performance - Nuvama
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