Mumbai : Nisus Finance Services Co. Limited (BSE: NISUS | 544296), an alternative investment and urban infrastructure platform, reported a robust financial performance for the quarter ended December 31, 2025, driven by disciplined investment strategy, strong operating efficiency, and high-quality earnings.
The company’s core businesses — fund & asset management and transaction advisory — delivered solid growth, with total income of ₹38.76 crore in Q3 FY26 and ₹113.64 crore for 9M FY26, reflecting improved scale and a healthy mix of high-margin fund income and execution-led revenues. EBITDA stood at ₹28.62 crore, translating into a strong 73.9% EBITDA margin, highlighting the scalability of its investment platform.
Profit after tax (PAT) for the quarter reached ₹20.19 crore, with a PAT margin of 52.98%, among the highest in the industry. The performance was supported by disciplined capital allocation, successful investment exits, and increasing contributions from diversified investment platforms across India and international markets including Dubai and GIFT City.
Core Platform Financial Highlights (Excluding NCCCL)
| Particulars (₹ Cr) | Q3 FY26 | 9M FY26 | FY25 |
|---|---|---|---|
| Total Income | 38.76 | 113.64 | 67.30 |
| EBITDA | 28.62 | 84.23 | 44.80 |
| EBITDA Margin | 73.9% | 74.12% | 66.1% |
| PAT | 20.19 | 56.70 | 32.58 |
| PAT Margin | 52.98% | 50.87% | 48.4% |
With the consolidation of New Consolidated Construction Company Limited (NCCCL) from August 22, 2025, the combined platform reported ₹371.35 crore total income for 9M FY26, including ₹229.05 crore in Q3 FY26. The consolidated EBITDA margin stood at 29.53% and PAT margin at 15.9% for the nine-month period.
Consolidated Financial Highlights (Including NCCCL)
| Particulars (₹ Cr) | Q3 FY26 | 9M FY26 |
|---|---|---|
| Total Income | 229.05 | 371.35 |
| EBITDA Margin | 20.81% | 29.53% |
| PAT | 21.02 | 57.95 |
| PAT Margin | 9% | 15.9% |
The company had earlier guided FY26 revenue of ₹120–140 crore (excluding NCCCL) and, with ₹114 crore already achieved in 9M FY26, expects to exceed the upper end of its guidance. NCCCL is projected to contribute approximately ₹560+ crore revenue in FY26.
Operationally, Nisus recorded strong strategic progress. In India, its Real Estate Special Opportunities Fund (RESO I) successfully exited the Skytech Estate investment. In Dubai, the company deployed ₹230 crore into the Nisus High Yield Growth Fund, while NCCCL secured two new project orders, strengthening its execution pipeline. The company continues to see growth across its three core engines — Fund Management, Transaction Advisory, and Strategic Investments.
Dr. Amit Anil Goenka, Chairman & Managing Director, Nisus Finance Services Co. Limited, said: “Our strong Q3 FY26 performance reflects the scalability of our investment platform and our ability to consistently generate high-quality earnings while maintaining industry-leading margins. This growth has been supported by successful investment exits, steady expansion across India and international markets, and continued momentum in our fund and asset management business.
We remain focused on prudent capital allocation, strengthening our global investment footprint, and expanding our integrated platform across asset management, structured finance, and infrastructure investments. With a robust pipeline and strong capital efficiency, we are well positioned to sustain this growth trajectory and deliver long-term value to our stakeholders.”
For the nine months ended December 31, 2025, Nisus reported ₹114 crore total income and ₹56.7 crore PAT, already surpassing its full-year FY25 profitability, underlining the strength and scalability of its business model.
The integration of NCCCL has further strengthened Nisus’ presence across the infrastructure and real estate lifecycle, enabling it to originate, finance, and execute opportunities — improving revenue visibility and long-term growth prospects.
With strong profitability, expanding global footprint, and diversified investment strategy across India, GIFT City, and Dubai, Nisus Finance remains well positioned to sustain growth and create long-term value for investors and stakeholders.