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 ₹ 434 Cr.
- Current Price ₹ 182
- High / Low ₹ 384 / 143
- Stock P/E 15.9
- Book Value ₹ 73.1
- Dividend Yield 0.00 %
- ROCE 18.1 %
- ROE 16.5 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Company has delivered good profit growth of 85.3% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 26.0%
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Tax rate seems low
- Promoters have pledged 30.3% of their holding.
- Working capital days have increased from 221 days to 319 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.
Peer comparison
Financial Services Financial Services Finance Holding Company
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 | Mar 2026 | |
|---|---|---|---|---|---|---|
| 4 | 4 | 8 | 36 | 36 | 43 | |
| Sales growth | +19% | +75% | +357% | +1% | +18% | |
| 3 | 3 | 4 | 5 | 10 | 15 | |
| Operating Profit | 1 | 1 | 3 | 31 | 26 | 28 |
| OPM % | 24% | 24% | 44% | 87% | 71% | 65% |
| 1 | 1 | 0 | -1 | 0 | 2 | |
| Interest | 0 | 0 | 1 | 1 | 1 | 1 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 1 | 2 | 2 | 29 | 25 | 29 |
| Tax % | 11% | 9% | 17% | 19% | 22% | 9% |
| 1 | 2 | 2 | 24 | 20 | 27 | |
| EPS in Rs | 0.67 | 0.84 | 1.11 | 13.09 | 8.28 | 11.17 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 62% |
| 3 Years: | 76% |
| TTM: | 18% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 85% |
| 3 Years: | 136% |
| TTM: | 35% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -44% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 26% |
| 3 Years: | 26% |
| Last Year: | 17% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Equity Capital | 1 | 1 | 1 | 1 | 24 | 24 |
| Reserves | 5 | 6 | 8 | 32 | 124 | 151 |
| 6 | 10 | 17 | 6 | 1 | 5 | |
| 1 | 2 | 2 | 4 | 2 | 4 | |
| Total Liabilities | 14 | 19 | 28 | 43 | 152 | 183 |
| 0 | 0 | 0 | 1 | 2 | 2 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 11 | 14 | 19 | 24 | 87 | 140 |
| 2 | 5 | 9 | 18 | 63 | 42 | |
| Total Assets | 14 | 19 | 28 | 43 | 152 | 183 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| -2 | -4 | -7 | 9 | 9 | 3 | |
| 1 | 1 | 4 | 2 | -66 | -41 | |
| -0 | 3 | 5 | -11 | 90 | 3 | |
| Net Cash Flow | -1 | 1 | 2 | -0 | 33 | -35 |
| Free Cash Flow | -2 | -4 | -7 | 9 | 7 | 3 |
| CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit | -275% | -383% | -201% | 48% | 57% | 23% |
Ratios
Standalone / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Debtor Days | 73 | 117 | 31 | 61 | 67 | 53 |
| Inventory Days | ||||||
| Days Payable | ||||||
| Cash Conversion Cycle | 73 | 117 | 31 | 61 | 67 | 53 |
| Working Capital Days | 18 | 172 | 157 | 105 | 240 | 319 |
| ROCE % | 15% | 16% | 96% | 27% | 18% |
Insights
In beta| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| India AUM INR Crore |
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| Team Size count |
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| UAE AUM INR Crore |
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| Revenue Mix - Fund Management % |
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| Deal Pipeline (Total India + UAE) INR Crore |
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| Fund Management Fee Rate (% of opening AUM) % |
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| NCCCL Order Book INR Crore |
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| NCCCL New Orders INR Crore |
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Extracted by Screener AI
Documents
Announcements
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Intimation Of Credit Rating By Rating Agency
- CARE Ratings reaffirmed Nisus Finance issuer rating at CARE BBB+; Stable on November 6, 2026.
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Board Meeting Intimation for Intimation Of Board Meeting Under Regulation 29 Of The SEBI (LODR) Regulations, 2015 ('Listing Regulations')
- Board meeting on November 13, 2026 to approve Q2 and H1 FY2026-27 unaudited results; trading window closed from October 1.
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
- Enclosed herewith copy of the Certificate recevied from Skyline Financial Services Private Limited, Registrar and Share Transfer Agent of the Company for the quarter ended …
- Shareholder Meeting / Postal Ballot-Scrutinizer''s Report
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Announcement under Regulation 30 (LODR)-Resignation of Company Secretary / Compliance Officer
- Clarification issued for delayed intimation of Company Secretary and Compliance Officer resignation.
Concalls
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Aug 2026PPT
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Aug 2026PPT
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Jun 2026Transcript PPT
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Feb 2026Transcript PPT
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Feb 2026PPT
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Feb 2026PPT
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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 2025PPT
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Dec 2024Transcript REC
Business Model:[1]
Nisus Finance operates a diversified business model comprising three main segments:
a) Transaction Advisory Services:
It focuses on facilitating transactions like outright sales, joint ventures, capital structuring, and asset monetization.
b) Fund and Asset Management:
It manages real estate and urban infrastructure assets through domestic and international funds.
c) Civil Construction (added on the NCCCL acquisition):
NCCCL has a roughly 80-year legacy, 300+ buildings delivered and 250 mn+ sq ft executed. It runs design & build, civil, MEP and turnkey contracts