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 ₹ 681 Cr.
- Current Price ₹ 285
- High / Low ₹ 571 / 224
- Stock P/E 15.2
- Book Value ₹ 94.4
- Dividend Yield 0.00 %
- ROCE 39.7 %
- ROE 33.3 %
- Face Value ₹ 10.0
Pros
- Company has delivered good profit growth of 160% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 47.4%
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company might be capitalizing the interest cost
- Promoters have pledged or encumbered 52.6% of their holding.
- Debtor days have increased from 63.9 to 99.2 days.
- Working capital days have increased from 92.3 days to 171 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|
| 6 | 6 | 7 | 11 | 43 | 66 | 172 | |
| 5 | 4 | 5 | 6 | 7 | 23 | 94 | |
| Operating Profit | 1 | 2 | 2 | 5 | 36 | 43 | 78 |
| OPM % | 11% | 30% | 33% | 46% | 85% | 65% | 45% |
| 0 | 1 | 0 | 0 | -1 | 2 | 3 | |
| Interest | 0 | 0 | 1 | 2 | 1 | 1 | 6 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 2 | 8 |
| Profit before tax | 0 | 2 | 2 | 4 | 34 | 41 | 67 |
| Tax % | 36% | 7% | 30% | 22% | 30% | 21% | |
| 0 | 2 | 1 | 3 | 24 | 33 | 51 | |
| EPS in Rs | 2.52 | 17.62 | 12.12 | 27.97 | 222.47 | 13.49 | 18.81 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 61% |
| 3 Years: | 109% |
| TTM: | 170% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 160% |
| 3 Years: | 192% |
| TTM: | 19% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 46% |
| 3 Years: | 47% |
| Last Year: | 33% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 1 | 1 | 1 | 1 | 1 | 24 | 24 |
| Reserves | 4 | 5 | 5 | 8 | 32 | 137 | 201 |
| 7 | 8 | 10 | 18 | 7 | 9 | 268 | |
| 3 | 2 | 4 | 4 | 9 | 9 | 519 | |
| Total Liabilities | 15 | 16 | 21 | 31 | 49 | 179 | 1,013 |
| 0 | 0 | 0 | 0 | 1 | 5 | 85 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 9 | 12 | 15 | 23 | 22 | 49 | 113 |
| 5 | 4 | 6 | 8 | 26 | 125 | 814 | |
| Total Assets | 15 | 16 | 21 | 31 | 49 | 179 | 1,013 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| 3 | -0 | 1 | -2 | 15 | -6 | |
| -2 | -1 | -1 | -2 | 0 | -32 | |
| 0 | 0 | -1 | 7 | -12 | 98 | |
| Net Cash Flow | 2 | -1 | -1 | 3 | 4 | 60 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| Debtor Days | 10 | 49 | 12 | 3 | 89 | 99 |
| Inventory Days | ||||||
| Days Payable | ||||||
| Cash Conversion Cycle | 10 | 49 | 12 | 3 | 89 | 99 |
| Working Capital Days | 2 | 3 | -22 | 38 | 68 | 171 |
| ROCE % | 17% | 17% | 24% | 106% | 40% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
2d - On behalf of the Company, Go India Advisors have organized a Knowledge Session (Virtual Interaction) for Investors on Thursday, 11th December 2025, at 3:30 P.M. …
- Disclosures under Reg. 31(1) and 31(2) of SEBI (SAST) Regulations, 2011 4 Dec
-
Disclosure Of Pledge/Encumbrance Of Shares Under Regulation 31(1) Of SEBI (Substantial Acquisition Of Shares And Takeovers) Regulations, 2011
3 Dec - Amit Goenka pledged 3,10,656 shares (1.30%) to Vistra ITCL on December 03, 2025.
-
Announcement under Regulation 30 (LODR)-Credit Rating
27 Nov - CARE Ratings' Oct 1, 2025 letter corrected (page 3) regarding NCCCL share acquisition; revised letter uploaded.
-
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
24 Nov - Nisus Finance participated in GIA Small Cap Day Nov 24, 2025 in Mumbai; one-on-one investor meetings; no UPSI.
Annual reports
Concalls
-
Nov 2025Transcript PPT
-
Aug 2025Transcript PPT
-
Jun 2025Transcript PPT REC
-
Feb 2025TranscriptAI SummaryPPT
-
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.