NIS Management secures INR 2.31 crore orders from Nesco, PWD Kolkata
NIS Management Ltd secured work orders worth INR 2,31,77,961 from Nesco Limited and PWD Kolkata for facility management and housekeeping services. The Nesco orders, valued at INR 1.95 crore, are for facility supervision and attendance deployment until March 2027. The PWD Kolkata contract, worth INR 36.71 lakh, is for housekeeping at the New Secretariat Building and High Court Administrative Block.

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NIS Management Ltd has secured new work orders aggregating INR 2,31,77,961 from Nesco Limited and the Public Works Department (PWD), Kolkata, strengthening its order book in the facility management sector. The company disclosed these developments to the Bombay Stock Exchange on May 26, 2026, under Regulation 30 of the SEBI (LODR) Regulations, 2015. Management stated that these orders reflect continued client confidence and will support the company's long-term growth trajectory.
The first two orders were awarded by Nesco Limited for deployment services at the Nesco Complex. One contract covers the deployment of Facility Supervisors and Attendants for a total value of INR 1,48,17,211. The second order is specifically for the deployment of Facility Attendants, amounting to INR 46,88,972. Both domestic contracts are scheduled to be executed by March 31, 2027.
The third order was received from the Office of the Executive Engineer, PWD, Kolkata, Government of West Bengal. This contract, valued at INR 36,71,778, is for the engagement of housekeeping personnel at the New Secretariat Building, Block-B, and the Administrative Block of the High Court. The company clarified that this order remains valid and operative following the recent state elections in West Bengal. The work is to be completed within 365 days from the date of commencement.
Order Details
| Client | Nature of Work | Value (INR) | Execution Timeline |
|---|---|---|---|
| Nesco Limited | Deployment of Facility Supervisors and Attendants | 1,48,17,211 | By 31.03.2027 |
| Nesco Limited | Deployment of Facility Attendants | 46,88,972 | By 31.03.2027 |
| PWD Kolkata | Engagement of Housekeeping Personnel | 36,71,778 | Within 365 days from commencement |
The disclosures confirm that none of the orders involve related party transactions or any interest from the promoter, promoter group, or group companies in the entities awarding the contracts. The aggregate value of INR 2,31,77,961 is inclusive of applicable taxes.
Historical Stock Returns for NIS Management
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.37% | +14.04% | -6.90% | -36.31% | -46.65% | -46.65% |
How will the execution of these government and private sector contracts impact NIS Management's profit margins over the next fiscal year?
Does the renewal of the PWD contract post-state elections indicate a potential for further government procurement opportunities in West Bengal?
What is the company's strategy for managing the operational costs associated with deploying such a large workforce within the specified timelines?


































