Nisus Finance Services Co Limited announced its unaudited financial results for Q1 FY27 ended June 30, 2026, pursuant to Regulation 30 of SEBI Listing Regulations.
Core Business Performance (Standalone)
The core business (fund management and transaction advisory) reported:
- Total Income: ₹27.54 crore (Q1 FY26: ₹28.72 crore, Q4 FY26: ₹27.43 crore)
- EBITDA: ₹16.97 crore, growing 17.1% QoQ from Q4 FY26's ₹14.47 crore (Q1 FY26: ₹21.37 crore)
- EBITDA Margin: 61.6% (Q1 FY26: 75.2%, Q4 FY26: 57.1%)
- PAT: ₹10.08 crore (Q1 FY26: ₹16.85 crore, Q4 FY26: ₹11.04 crore)
- PAT Margin: 36.7% (Q1 FY26: 58.6%, Q4 FY26: 40.2%)
Consolidated Performance (Including NCCCL)
On consolidated basis including New Consolidated Construction Company Limited (NCCCL):
- Total Income: ₹186.48 crore (Q1 FY26: ₹28.72 crore)
- EBITDA: ₹31.60 crore (Q1 FY26: ₹21.37 crore)
- PAT: ₹12.37 crore at PAT margin of 6.6%
NCCCL Performance
NCCCL (acquired by Nisus Projects LLP on August 21, 2025) reported:
- Revenue growth of 14% YoY
- EBITDA margin of 10.5%, improvement of 100 basis points YoY
- PAT growth of 3.7x YoY
- New orders secured: ₹1,089 crore during Q1 FY27 from clients including Lodha, Welspun, Runwal, and Mahindra
- Cumulative new orders under Nisus stewardship: over ₹1,420 crore, representing approximately 52% of total order book
Strategic Initiatives
- SEBI approval received for Nisus Yield & Asset Multiplier Fund (NiYAM), a SEBI Category II AIF with target corpus of ₹2,500 crore
- NiYAM investments expected to commence from Q3 FY27 in phased manner
- SM REIT platform scheduled to launch in H2 FY27
- GIFT City feeder platform continues to progress
Market Context
- Institutional investment in Indian real estate reached all-time high of USD 8.5 billion, growing 29% YoY
- Domestic capital accounted for 57% of all institutional flows
- Private credit deployment stood at USD 12.4 billion in CY2025, with real estate accounting for 40% of transactions
- AIF commitments crossed ₹15 lakh crore, with real estate as largest recipient
- UAE transaction volumes declined 28% during April-June 2026
- UAE residential pipeline for 2026 set to rise
Management Commentary
Dr. Amit Goenka, Chairman & Managing Director, stated that Q1 FY27 reflects resilience of multi-engine business model. UAE investment deferrals due to West Asia situation were absorbed by India transaction advisory business. UAE transaction data showed uptick from July 2026, first UAE exit on track for Q3 FY27. Three growth levers expected through balance of FY27: UAE revival, NCCCL order intake, and NiYAM deployment.
Company Background
Nisus Finance Services Co. Ltd. specializes in urban infrastructure financing and capital markets, promoted by Amit Goenka and Mridula Goenka. Operating as "Nisus Finance Group" or "NiFCO", the company focuses on Transaction Advisory Services and Fund & Asset Management. India's first and only listed AIF manager, listed on BSE SME platform in December 2024.