Nisus Finance Services Co Ltd
Incorporated in 2013, Nisus Finance Services Co Limited offers financial services such as Transaction Advisory Services, Fund and Asset Management, Private Equity and Venture Debt and Capital Solutions to Corporate Clients.[1]
- Market Cap ₹ 816 Cr.
- Current Price ₹ 342
- High / Low ₹ 571 / 224
- Stock P/E 41.2
- Book Value ₹ 61.9
- Dividend Yield 0.00 %
- ROCE 27.5 %
- ROE 21.9 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
- Company has a good return on equity (ROE) track record: 3 Years ROE 38.8%
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoters have pledged or encumbered 52.6% of their holding.
- Debtor days have increased from 54.0 to 69.4 days.
- Working capital days have increased from 170 days to 248 days
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| 4 | 4 | 8 | 36 | 35 | |
| 3 | 3 | 4 | 5 | 10 | |
| Operating Profit | 1 | 1 | 3 | 31 | 25 |
| OPM % | 24% | 24% | 44% | 87% | 70% |
| 1 | 1 | 0 | -1 | 1 | |
| Interest | 0 | 0 | 1 | 1 | 1 |
| Depreciation | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 1 | 2 | 2 | 29 | 25 |
| Tax % | 11% | 9% | 17% | 19% | 22% |
| 1 | 2 | 2 | 24 | 20 | |
| EPS in Rs | 11.38 | 14.17 | 18.83 | 222.10 | 8.28 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 99% |
| TTM: | -2% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 135% |
| TTM: | -19% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 39% |
| Last Year: | 22% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| Equity Capital | 1 | 1 | 1 | 1 | 24 |
| Reserves | 5 | 6 | 8 | 32 | 124 |
| 6 | 10 | 17 | 6 | 1 | |
| 1 | 2 | 2 | 4 | 2 | |
| Total Liabilities | 14 | 19 | 28 | 43 | 152 |
| 0 | 0 | 0 | 1 | 2 | |
| CWIP | 0 | 0 | 0 | 0 | 0 |
| Investments | 11 | 14 | 19 | 24 | 87 |
| 2 | 5 | 9 | 18 | 63 | |
| Total Assets | 14 | 19 | 28 | 43 | 152 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| -2 | -4 | -7 | 9 | 1 | |
| 1 | 1 | 4 | 2 | -58 | |
| -0 | 3 | 5 | -11 | 90 | |
| Net Cash Flow | -1 | 1 | 2 | -0 | 33 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| Debtor Days | 73 | 117 | 31 | 61 | 69 |
| Inventory Days | |||||
| Days Payable | |||||
| Cash Conversion Cycle | 73 | 117 | 31 | 61 | 69 |
| Working Capital Days | 18 | 172 | 157 | 105 | 248 |
| ROCE % | 15% | 16% | 96% | 27% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
2d - Nisus Finance uploaded November 13 recording of Q2/half-year Sep 30, 2025 earnings conference call.
- Announcement under Regulation 30 (LODR)-Investor Presentation 2d
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
2d - H1 FY26 consolidated revenue INR 142.3 Cr; core revenue INR 74.89 Cr; acquired NCCCL; INR 525 Cr Dubai investment.
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Declaration Of Financial Results For The Half Year Ended September 30, 2025.
2d - Board approved unaudited standalone and consolidated Q2 and H1 results for period ended Sep 30, 2025.
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Announcement under Regulation 30 (LODR)-Monitoring Agency Report
12 Nov - CARE monitoring report for quarter ended Sep 30, 2025 on Rs101.62 crore IPO; ₹0.51 crore overutilization.
Annual reports
Concalls
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Nov 2025TranscriptNotesPPT
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Aug 2025Transcript PPT
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Jun 2025Transcript PPT REC
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Feb 2025TranscriptNotesPPT
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Dec 2024TranscriptPPTREC
Business Model[1][2]
Nisus Finance operates a diversified business model comprising two main segments:
a) Transaction Advisory Services: Focuses on facilitating transactions like outright sales, joint ventures, capital structuring, and asset monetization.
b) Fund and Asset Management: Manages real estate and urban infrastructure assets through domestic and international funds.