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 ₹ 657 Cr.
- Current Price ₹ 275
- High / Low ₹ 571 / 261
- Stock P/E 38.1
- Book Value ₹ 68.6
- Dividend Yield 0.00 %
- ROCE 27.5 %
- ROE 21.9 %
- Face Value ₹ 10.0
Pros
- 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.
- Earnings include an other income of Rs.20.3 Cr.
- 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.
Half Yearly 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 | TTM | |
|---|---|---|---|---|---|---|
| 4 | 4 | 8 | 36 | 35 | 12 | |
| 3 | 3 | 4 | 5 | 10 | 14 | |
| Operating Profit | 1 | 1 | 3 | 31 | 25 | -1 |
| OPM % | 24% | 24% | 44% | 87% | 70% | -11% |
| 1 | 1 | 0 | -1 | 1 | 20 | |
| Interest | 0 | 0 | 1 | 1 | 1 | 1 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 1 | 2 | 2 | 29 | 25 | 18 |
| Tax % | 11% | 9% | 17% | 19% | 22% | |
| 1 | 2 | 2 | 24 | 20 | 17 | |
| EPS in Rs | 11.38 | 14.17 | 18.83 | 222.10 | 8.28 | 7.23 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 99% |
| TTM: | -75% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 135% |
| TTM: | -54% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 6% |
| 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 | Sep 2025 | |
|---|---|---|---|---|---|---|
| Equity Capital | 1 | 1 | 1 | 1 | 24 | 24 |
| Reserves | 5 | 6 | 8 | 32 | 124 | 140 |
| 6 | 10 | 17 | 6 | 1 | 8 | |
| 1 | 2 | 2 | 4 | 2 | 4 | |
| Total Liabilities | 14 | 19 | 28 | 43 | 152 | 176 |
| 0 | 0 | 0 | 1 | 2 | 130 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 11 | 14 | 19 | 24 | 87 | 0 |
| 2 | 5 | 9 | 18 | 63 | 46 | |
| Total Assets | 14 | 19 | 28 | 43 | 152 | 176 |
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
11 Dec - Virtual investor knowledge session on Dec 11, 2025; presentation attached; no UPSI shared.
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Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
11 Dec - Pledge of 6,87,272 Nisus shares (2.88%) on Dec 8, 2025; total encumbered 51,87,272 (21.73%).
- Disclosures under Reg. 31(1) and 31(2) of SEBI (SAST) Regulations, 2011. 10 Dec
-
Intimation Under Regulation 30 Of The SEBI (LODR) Regulations, 2015 ('SEBI LODR Regulation')
10 Dec - Amit Goenka pledged 6,87,272 shares (2.88%) to Catalyst Trusteeship as security for loans from Tata Capital and DSP
-
Announcement under Regulation 30 (LODR)-Press Release / Media Release
8 Dec - RESO-1 exit from Bengaluru Project High Cliff delivering 23% IRR in two years.
Annual reports
Concalls
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Nov 2025Transcript PPT
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Aug 2025Transcript PPT
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Jun 2025Transcript PPT REC
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Feb 2025TranscriptAI SummaryPPT
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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.