Nisus Finance

Nisus Finance Services reported consolidated revenue of INR 142.30 crore in H1FY26, representing a 312% increase from INR 34.36 crore in H1FY25. The company's core operations generated INR 74.89 crore in revenue during H1FY26, already surpassing the full FY25 revenue of INR 67.30 crore. Q2 revenue reached INR 46.17 crore, up 61% from Q1FY26's INR 28.72 crore. EBITDA for the half year reached INR 62 crore consolidated, with margins around 74% excluding NCCCL. Profit after tax stood at INR 35.6 crore. The company acquired New Consolidated Construction Co. Ltd. (NCCCL) in August 2025, which brought FY25 revenue of INR 608 crore and an order book of over INR 2,350 crore. Nisus made its largest global investment of INR 525 crore in a Dubai residential tower with projected IRR of 24%-32%. The company became the first Indian AIF business to secure a BBB credit rating from Care Edge. Share pledge levels have been reduced to 18-19%, and the company's own capital contribution in investments increased from INR 48 crore to INR 106 crore.

Nisus Finance Services Co Limited submitted its monitoring agency report on the utilization of proceeds from its Rs. 101.62 crore IPO for the quarter ended September 30, 2025. CARE Ratings Limited, serving as the monitoring agency, reported no deviation from stated objectives. The company allocated funds across five main areas: Rs. 12.46 crore for fund setup and licensing in international financial centers, Rs. 35.91 crore for fundraising and distribution costs, Rs. 25 crore for investment in subsidiary Nisus Fincorp Private Limited, Rs. 22.26 crore for general corporate purposes, and Rs. 5.99 crore for issue expenses. The report noted delays in implementation timeline for some objectives, with actual deployment extending beyond the original March 31, 2025 target date. There was an over-utilization of Rs. 0.51 crore in issue expenses, which falls within the 10% allowable deviation limit and was adjusted against general corporate purpose allocation. The company received RBI approval for investing Rs. 25 crore in compulsory convertible preference shares in its subsidiary. As of September 30, 2025, Rs. 0.025 crore of issue proceeds remained unutilized in bank accounts.

Nisus Finance Services Co Limited announced its unaudited standalone and consolidated financial results for the second quarter and half year ended September 30, 2025. The company reported consolidated earnings per share of 13.21 for the half year period. On a standalone basis, the company posted revenue from operations of 1,870.76 lakhs for the half year and profit after tax of 1,502.05 lakhs. The consolidated revenue from operations reached 14,038.39 lakhs with profit after tax of 3,153.61 lakhs for the half year. The Board approved the registration of a proposed Small and Medium Real Estate Investment Trust (SMREIT), with the company set to form a subsidiary to act as its investment manager, subject to SEBI and regulatory approvals. The company's promoter shareholding increased to 73.26% through open market purchases of 7,200 shares during the half year. The auditors issued an unmodified opinion on both standalone and consolidated financial results.