NIS Management has secured the renewal of work orders from the Reliance Group for housekeeping and electrical services, generating revenue of ₹14.94 crore. The contracts were awarded to seven subsidiaries within the group, covering services such as House Keeping, MEPC Electrical Services, and other ancillary support. The work orders are scheduled to be executed by March 31, 2027.

The subsidiaries awarding the contracts include Reliance Projects & Property Management Services Limited, V-Retail Limited, and Reliance Brands Limited. Other entities involved are Reliance Luxe Beauty Limited, Reliance Brands Eyewear Private Limited, Reliance Ritu Kumar Private Limited, and Reliance Gas Lifestyle India Private Limited.

Contract Details

The disclosure was made to the Bombay Stock Exchange Limited on June 08, 2026, pursuant to Regulation 30 of the Securities and Exchange Board of India (LODR) Regulations, 2015. The company confirmed that the promoter, promoter group, or group companies hold no interest in the awarding entities. Furthermore, the orders do not fall under the ambit of Related Party Transactions.

Managing Director Debajit Choudhury signed the disclosure, viewing the renewal as a testament to the team's dedication and expertise.

NIS Management Limited reported a 7.74% increase in total income to ₹436.70 crore for the financial year ended March 31, 2026, driven by scale-up and long-term contracts. The company’s adjusted profit after tax grew 2.29% to ₹19.12 crore, while reported net profit stood at ₹-1.85 crore due to exceptional items of ₹27.82 crore. The firm strengthened its credit profile with ICRA upgrading its long-term rating outlook to positive.

Financial Performance

For the quarter ended March 31, 2026 (Q4FY26), total income increased 13.96% year-on-year to ₹118.03 crore. EBITDA for the quarter rose 29.75% to ₹11.11 crore. Adjusted net profit for Q4FY26 grew 13.56% to ₹6.86 crore. The company noted that margins moderated due to wage inflation and business mix transition.

Operational Highlights

The company secured significant government orders during the quarter, including a ₹10.36 crore contract for housekeeping services at the Bihar Secretariat and a ₹2.18 crore CCTV project with the Mumbai Police. It also executed a ₹56 lakh CCTV project for the West Bengal Electronics Industry Development Corporation Limited. NIS Management serves over 600 clients across 1,500+ sites with a workforce of approximately 18,000 employees.

Credit Profile and Ratios

ICRA reaffirmed the company’s short-term rating at A2 and upgraded the outlook on its long-term rating (BBB+) to positive. Total rated bank facilities stood at ₹105.87 crore. Key financial ratios for FY26 included an interest coverage of 3.30 times, a fixed asset turnover of 20.12 times, and a return on capital employed of 11.10%.

Investor Conference Call

Pursuant to Regulation 30 of the Securities Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, NIS Management held a group meeting with investors and analysts on June 05, 2026. The virtual meeting, held from 12:00 PM to 01:00 PM, discussed the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. Executives present included Mr. Debajit Choudhury, Managing Director, and Mr. Kanad Mukherjee, CFO. The audio recording of the earnings call is available on the company's website.