Nukleus Updates FY26 Investor Presentation
Nukleus Office Solutions filed an updated investor presentation with BSE on May 22, 2026, correcting inadvertent errors in the previous document regarding FY26 results. The company reported a 25.49% YoY increase in total income to ₹3,619.41 lakhs and a 38.12% rise in EBITDA to ₹917.34 lakhs. Fixed assets grew 160.71% to ₹3,525.36 lakhs, while IPO fund utilisation stood at ₹3,064.53 lakhs.

*this image is generated using AI for illustrative purposes only.
Nukleus Office Solutions Limited has updated its investor presentation regarding the audited financial results for the half-year and year ended March 31, 2026. The company informed BSE Limited on May 22, 2026, that the revised presentation was submitted to correct inadvertent errors found in the document previously intimated on May 18, 2026. The updated filing maintains the previously reported financial figures, including a 25.49% year-on-year increase in total income to ₹3,619.41 lakhs and a 38.12% rise in EBITDA to ₹917.34 lakhs.
Financial Performance
The company recorded steady growth across key financial metrics for the fiscal year. The following table presents the audited financial highlights:
| Particulars (₹ Lakhs) | H2 FY26 | H2 FY25 | YoY Growth | FY26 | FY25 | YoY Growth |
|---|---|---|---|---|---|---|
| Total Income | 1,888.35 | 1,451.20 | 30.12% | 3,619.41 | 2,884.24 | 25.49% |
| EBITDA | 507.87 | 375.76 | 35.16% | 917.34 | 664.18 | 38.12% |
| PAT | 97.20 | 114.38 | - | 213.53 | 206.21 | - |
Operational Highlights
During FY26, Nukleus Office Solutions focused on expansion across key commercial micro-markets in Delhi NCR and strengthening its managed office vertical. Fixed assets grew by 160.71% YoY to ₹3,525.36 lakhs, driven by investments in workspace infrastructure and technology platforms. The company enhanced technology integration through AI-powered customer engagement and operational tools, supporting an asset-light growth strategy.
Expansion and Infrastructure
The company continued to expand its workspace infrastructure across strategic locations. Key operational centres include the Flagship Centre in Noida Sector 142 (95,085 sq. ft.), Logix Cyber Park in Noida Sector 62 (28,717 sq. ft.), and IFFCO Tower in Gurugram (24,563 sq. ft.). Managed office operations were further strengthened at Barakhamba Tower in Connaught Place, Pegasus One in Gurugram, and Skymark One in Noida.
Upcoming Projects
Nukleus maintains a strong expansion pipeline with upcoming projects including C3 in Noida (1,15,000 sq. ft.), Wave One in Noida (57,455 sq. ft.), and Shivaji Stadium Metro Station in Connaught Place (23,169 sq. ft.). These developments are expected to strengthen operational scale and long-term revenue visibility.
IPO Fund Utilisation
The company confirmed no deviation in the utilisation of IPO proceeds. The following table summarises the IPO fund utilisation status:
| Parameter | Details |
|---|---|
| Total Issue Size | ₹3,170.23 lakhs |
| Amount Utilised | ₹3,064.53 lakhs |
| Amount Unutilised | ₹105.70 lakhs |
| Reason for Unutilised Amount | Related to issue expenses |
Historical Stock Returns for Nukleus Office solutions
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +2.42% | +1.92% | +1.44% | +16.48% | +21.14% | +7.86% |
How will the completion of upcoming projects like C3 in Noida and Wave One impact Nukleus Office Solutions' revenue trajectory and occupancy rates over the next 12-18 months?
Given the 160.71% surge in fixed assets alongside a relatively modest PAT growth, how sustainable is Nukleus's current capital expenditure strategy without diluting shareholder returns?
As demand for managed and flexible office spaces evolves post-pandemic, how might increasing competition from larger co-working players like WeWork or Smartworks affect Nukleus's pricing power in Delhi NCR micro-markets?


































