Key Quantitative Figures

Standalone (Nisus Finance) Q1 FY27:

  • Revenue: ₹9.99 Cr (QoQ: ~13.6%; YoY: 128%)
  • Total Income: ₹9.62 Cr
  • PAT: ₹4.20 Cr (QoQ: -23.5%; PAT Margin: 43.7%)
  • Tax: ₹1.58 Cr

Nisus Core Business (Ex-NCCCL) Q1 FY27:

  • Revenue: ₹27.54 Cr (QoQ: ~8.7%)
  • PAT: ₹10.08 Cr (QoQ: -8.68%; PAT Margin: 36.7%)
  • Finance Costs: ₹2.13 Cr (YoY increase noted due to NCCCL acquisition debt)

Consolidated (with NCCCL) Q1 FY27:

  • Revenue: ₹184.49 Cr
  • PAT: ₹12.37 Cr (PAT Margin: 6.6%)
  • Total Assets (FY26): ₹1,005.02 Cr

NCCCL-Specific (Post-acquisition):

  • New Orders in Q1 FY27: ₹1,089 Cr
  • Near-term pipeline: ₹1,500 Cr+

Parties Involved

  • Nisus Finance Services Co Ltd: The disclosing entity.
  • NCCCL (New Consolidated Construction Company Ltd): A subsidiary (54% stake as of March 31, 2026), acquired for its 80-year construction legacy.
  • Investors/Analysts: The audience for the scheduled meeting.
  • Business Partners: Mentions of institutional partnerships with SWAMIH, ARCIL, and Phoenix.
  • Technology Partner: Nemetschek (Germany) for BIM/digital construction.
  • Talent Partner: NICMAR.
  • Banking Partner: Dubai Islamic Bank (secured incremental capital commitments).

Purpose & Rationale

The presentation aims to provide a business overview and financial update to investors, detailing the company's integrated “full-stack” model and its performance across various macroeconomic scenarios.

Business & Operational Impact

Strategic Model: The company describes itself as a “full-stack urban infrastructure solutions provider” with four converging engines: Fund & Asset Management (AIF platform), Investment Banking Services (advisory), NBFC (prop book investing in own funds), and Construction/EPC (NCCCL).

Growth Levers: Three independent growth levers are identified: UAE deal pipeline recovery, NCCCL order book execution, and strong India business performance.

AUM & Funds: Total AUM is reported as ₹2,631 Cr for FY26 across multiple funds (REAP, RECOF, RESO, Nisus High Yield Growth Fund, Nisus Yield and Assets Multiplier Fund), with a claimed track record of “zero capital loss across 60+ investments.”

New Initiatives:

  • SEBI approval received for the NiYAM (Hybrid Real Estate Structured Investments) fund.
  • Launch of a tokenization platform for institutional real estate (NIFCOT1 on Toyow).
  • SM REIT set to launch in H2 FY27.

UAE Operations: The UAE team expanded from 8 to 18 employees, with a new office space. The platform is noted to be on track for its first exit by Q3 FY27 with over 30% IRR.

NCCCL Integration: Since acquisition, NCCCL has seen strengthened leadership, a new PMO setup, SAP S/4HANA migration, and digital workflow implementations aimed at IPO readiness.

Capital Structure Impact

The acquisition of a 54% stake in NCCCL is reflected in the consolidated financials, introducing a Minority Interest of ₹126.36 Cr on the balance sheet representing the 46% stake not held by Nisus.

Forward-Looking Commentary

Management provides explicit FY27 projections for the Nisus Core business (excluding NCCCL) under two scenarios:

  • Stabilization Case: PAT projected at ₹65-75 Cr.
  • Recovery Case: PAT projected at ₹85-100 Cr.

The scenarios are based on assumptions regarding West Asia conflict resolution, Dubai real estate recovery, and capital flows. The company states that investor capital is protected in both scenarios, with growth being the variable.

#Tags: #NisusFinance #InvestorMeet #Regulation30 #SEBIDisclosure #BusinessUpdate #Neutral