NIS Management Reports 6.8% Revenue Growth and 11.31% EBITDA Increase in H1 FY26

NIS Management has reported a strong performance for the first half of the fiscal year 2025-26, with consolidated revenue reaching INR 214.89 crores, marking a 6.8% year-on-year growth. The company's EBITDA also saw a significant improvement, increasing by 11.31% to INR 16.73 crores.

Financial Highlights

Particulars	H1 FY26	YoY Change
Consolidated Revenue	INR 214.89 crores	6.8%
EBITDA	INR 16.73 crores	11.31%

NIS Management, which manages 17,000 personnel across 14 states providing security and facility management services, expects 10-12% revenue growth for FY26. The company is focusing on integrated facility management and CCTV installation projects to drive this growth.

Standalone Performance

On a standalone basis, NIS Management reported:

Revenue: Rs. 20,400.31 lakhs (up 9.3% YoY)
Total Revenue: Rs. 20,468.83 lakhs (up 9.4% YoY)
Profit Before Tax: Rs. 939.79 lakhs (up 14.5% YoY)
Profit After Tax: Rs. 912.12 lakhs (up 4.6% YoY)
Basic EPS: Rs. 5.73 (compared to Rs. 5.78 in H1 FY25)

IPO Fund Utilization

NIS Management completed its Initial Public Offering (IPO) in September 2025, raising Rs. 5,174.82 lakhs. The company has provided an update on the utilization of these funds:

Objective	Amount Allocated (Rs. Lakhs)	Amount Utilized (Rs. Lakhs)	Balance (Rs. Lakhs)
Working Capital	3,600.00	121.61	3,478.39
General Corporate Purposes	955.85	0.00	955.85
Offer Related Expenses	618.97	618.97	0.00
Total	5,174.82	740.58	4,434.24

New Appointment

The company has appointed M/s. HM & Associates, a peer-reviewed firm of Practicing Company Secretaries, as its Secretarial Auditor for the financial year 2025-2026. This appointment, effective from November 13, 2025, aims to enhance corporate governance practices.

Consolidated Performance Details

Additional details on the consolidated performance include:

Revenue from operations: Rs. 21,401.00 lakhs (up 5.3% YoY)
Total revenue: Rs. 21,488.99 lakhs (up 5.3% YoY)
Profit after tax: Rs. 1,022.23 lakhs (up 6.6% YoY)
Basic EPS: Rs. 6.42 (compared to Rs. 6.33 in H1 FY25)

The company's consolidated financial position shows total assets of Rs. 31,253.45 lakhs as of September 30, 2025, compared to Rs. 25,511.13 lakhs on March 31, 2025.

NIS Management continues to demonstrate growth and financial stability, with its recent IPO providing additional resources for future expansion and working capital needs. The company's focus on corporate governance, evidenced by the new auditor appointment, suggests a commitment to transparency and regulatory compliance.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+1.59%	-7.21%	-11.49%	-22.27%	-22.27%	-22.27%

NIS Management Limited (Scrip Code: 544495) has secured a favorable ruling in an employee compensation case, as announced in a recent disclosure to the Bombay Stock Exchange. The Court of Sri B.M. Mohapatra, Commissioner for Employee's Compensation-cum-Joint Labour Commissioner in Bhubaneswar, has passed an order in favor of the company in a workplace accident compensation case.

Case Details

The case, filed under the Employee's Compensation Act, 1923, pertained to a workplace accident that occurred on July 1, 2015. The court's decision upholds NIS Management's position and confirms that the liability for compensation payment lies with the insurer, New India Assurance Company Limited.

Financial Implications

According to the court order, New India Assurance Company Limited has been directed to deposit the following:

Compensation Component	Amount
Principal Amount	₹12,74,066.00
Interest	12% per annum from July 1, 2015, until the date of payment

It's important to note that this ruling has no financial impact on NIS Management Limited, as the entire compensation burden falls on the insurance company.

Significance of the Ruling

This decision is significant for NIS Management Limited as it:

Absolves the company of any financial liability related to the workplace accident.
Reinforces the importance of maintaining proper insurance coverage for workplace incidents.
Provides closure to a case that has been ongoing since 2020 (E.C. Case No. 8 of 2020).

Company's Statement

In its disclosure, NIS Management Limited stated, "This order effectively upholds the position of M/s NIS Management Limited and confirms that the liability for payment of compensation lies with the insurer, M/s New India Assurance Company Limited."

The company has complied with the disclosure requirements under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, providing transparency to its shareholders and the market at large.

As the case concludes in favor of NIS Management Limited, it demonstrates the company's commitment to addressing workplace safety issues and ensuring proper insurance coverage, which may positively impact investor confidence in the company's risk management practices.