Current/ Expected Orderbook/ Pending Orders?

Nisus Finance has a robust and significant pipeline of over Rs. 2,500 crores locked in for closure over the next two quarters. The pipeline includes close to Rs. 1,000 crores of trades in India focused on cities like Mumbai, Pune, Bangalore, and Indore, covering both performing credit and special situations. Additionally, there are assets valued at Rs. 1,500+ crores locked in the UAE. The company is fully capitalized to support this pipeline. The pipeline is fully curated with a sharp focus on risk management, returns, and short-term turnaround amid geopolitical and economic considerations. T

Any current/future new fundraising through debt or equity?

Nisus Finance raised Rs. 101 crores through an IPO, successfully listed on BSE in December 2024. Rs. 67 crore of the IPO proceeds were unutilized as of March 2025 but are now ready to be deployed for growth. No material increase in borrowings is expected; current borrowings are Rs. 8.3 crores, mainly promoter money, with no external third-party borrowings. The company has secured bank sanctions of over $68 million from a global bank and another $200 million under advanced discussions. There are $200 million potential commitments from global funds joining the UAE fund, which will take t

Any current/future capex/capital investment/strategic investment?

Significant CAPEX investments of close to Rs. 20 crores made into assets, licenses, offices, technology, and infrastructure across UAE, GIFT City, and India (Page 13, 14). Investment of Rs. 19.28 crores into distribution, partnerships, and licenses, which are being amortized (Page 15). Creation of important infrastructure to enable partnerships with global banks, investors, and funds, supporting growth and credibility (Page 15). Establishment of DIFC office in Dubai with expanding investment professionals, set up GIFT City structure, and accelerated investments via NBFC license (Page 6). New l

Future growth expectations in sales/revenue/volumes?

Nisus Finance projects strong future growth with assets under management (AUM) expected to increase from Rs. 1,572 crores to Rs. 4,000 crores in the current year. Revenue grew 56% year-on-year, with a continued robust pipeline expected to expand significantly. Segment revenue ratio will shift towards fund management, growing from 33% to approximately 40%-42%. Transaction advisory revenue shows strong 49% year-on-year growth; fund and asset management revenue grew 73% year-on-year due to the UAE fund launch. Expansion into UAE and GCC markets is accelerating; Dubai operations now contribute ~30

Future growth expectations in earnings/operating earnings/profits/EPS?

Nisus Finance projects strong, unabated growth with AUM targeted to increase from Rs. 1,572 crores to Rs. 4,000 crores in FY 2026, potentially exceeding this. Revenue is expected to grow at a CAGR of 73% or higher, continuing the strong historical growth. EBITDA and PAT are projected to grow similarly year-on-year with PAT increasing from Rs. 24 crores to Rs. 33+ crores (35% growth). Operating margins to stabilize despite investments, supported by improved tax rates (effective tax potentially dropping from 22% to 18-19% due to UAE operations and GIFT City tax benefits). Revenue mix expected to

Nisus FinanceQ4 FY25Finance

Nisus Finance Q4 FY25 Earnings Call Analysis

Revenue, margin, capex, fundraise and order book outlook from management commentary.

Price: ₹181.9P/E: 6.4Market Cap: ₹434 CrSector: Finance

Management growth scorecard

Revenue

Category 1

Margin

Category 3

Fundraise

Yes

Order

Yes

Capex

Yes

4 of 5 growth signals are positive — a strong management growth story.

Full analysis

Revenue guidance

Category 1

Nisus Finance projects strong future growth with assets under management (AUM) expected to increase from Rs. 1,572 crores to Rs. 4,000 crores in the current year.
Revenue grew 56% year-on-year, with a continued robust pipeline expected to expand significantly.
Segment revenue ratio will shift towards fund management, growing from 33% to approximately 40%-42%.
Transaction advisory revenue shows strong 49% year-on-year growth; fund and asset management revenue grew 73% year-on-year due to the UAE fund launch.
Expansion into UAE and GCC markets is accelerating; Dubai operations now contribute ~30% of revenue.
Nisus anticipates maintaining revenue to AUM ratios around 3%-3.5%, supporting sustained revenue growth.
Increased infrastructure and CAPEX investments made in FY '25 will unlock higher revenues and profitability in coming years.
The company expects a CAGR of 73% over the past three years to continue or improve going forward.

Margin guidance

Category 3

Nisus Finance projects strong, unabated growth with AUM targeted to increase from Rs. 1,572 crores to Rs. 4,000 crores in FY 2026, potentially exceeding this.
Revenue is expected to grow at a CAGR of 73% or higher, continuing the strong historical growth.
EBITDA and PAT are projected to grow similarly year-on-year with PAT increasing from Rs. 24 crores to Rs. 33+ crores (35% growth).
Operating margins to stabilize despite investments, supported by improved tax rates (effective tax potentially dropping from 22% to 18-19% due to UAE operations and GIFT City tax benefits).
Revenue mix expected to shift, with fund management growing to 40%-42% of revenues from 33%, enhancing recurring income.
EPS likely to benefit from higher revenues, lower tax rates, and expanding margins.
Robust pipeline of Rs. ~2,500 crores in assets under management addition supports sustained earnings growth.

See what Nisus Finance management said on margin guidance — free account, 30 seconds.

Fundraise plans

Yes

Nisus Finance raised Rs. 101 crores through an IPO, successfully listed on BSE in December 2024.
Rs. 67 crore of the IPO proceeds were unutilized as of March 2025 but are now ready to be deployed for growth.
No material increase in borrowings is expected; current borrowings are Rs. 8.3 crores, mainly promoter money, with no external third-party borrowings.
The company has secured bank sanctions of over $68 million from a global bank and another $200 million under advanced discussions.
There are $200 million potential commitments from global funds joining the UAE fund, which will take the deployable corpus to around $500 million.
New licenses are being applied for in DIFC (Dubai), indicating preparedness for future fundraising and expansion.
The business is poised for accelerated growth using already raised capital rather than seeking immediate new debt or equity funding.

Order book

Yes

Nisus Finance has a robust and significant pipeline of over Rs. 2,500 crores locked in for closure over the next two quarters.
The pipeline includes close to Rs. 1,000 crores of trades in India focused on cities like Mumbai, Pune, Bangalore, and Indore, covering both performing credit and special situations.
Additionally, there are assets valued at Rs. 1,500+ crores locked in the UAE.
The company is fully capitalized to support this pipeline.
The pipeline is fully curated with a sharp focus on risk management, returns, and short-term turnaround amid geopolitical and economic considerations.
This strong orderbook visibility supports Nisus Finance's accelerated growth plans for Fiscal Year 25 and beyond.

See what Nisus Finance management said on order book — free account, 30 seconds.

Capex plans

Yes

Significant CAPEX investments of close to Rs. 20 crores made into assets, licenses, offices, technology, and infrastructure across UAE, GIFT City, and India (Page 13, 14).
Investment of Rs. 19.28 crores into distribution, partnerships, and licenses, which are being amortized (Page 15).
Creation of important infrastructure to enable partnerships with global banks, investors, and funds, supporting growth and credibility (Page 15).
Establishment of DIFC office in Dubai with expanding investment professionals, set up GIFT City structure, and accelerated investments via NBFC license (Page 6).
New licenses applied for in DIFC, anticipated soon (Page 6).
Ongoing capital deployment to support growth pipeline of Rs. 2,500 crores assets under management over next two quarters (Page 9).
Future tax benefits expected due to investments and operations in UAE and GIFT City with anticipated lower effective tax rates (Page 14).

Track Nisus Finance — get its next earnings analysis in your feed

How does Nisus Finance rank vs peers in Finance?

Pro feature

ThisNisus Finance

Rev 1Mar 3

See where Nisus Finance sits in FinanceSee which companies these are, and every other name in the sector.Open rankings

How does Nisus Finance rank in Finance?

Compare Nisus Finance against every Finance company (Q4 FY25) on revenue, margins and earnings-call signals.

View Finance leaderboard →

What Nisus Finance's management said in earlier quarters

Others in Finance this season

Northern Arc (Q2 FY27)
Interest Income: INR 711 crore, +33% YoY (Page 36) . Key investor presentation takeaways from Northern Arc Capital Ltd's Q2 FY27 investor presentation — and how
Tourism Finance Corporation of India (Q2 FY27)
196.54 crore vs Rs. Key investor presentation takeaways from Tourism Finance Corporation of India Ltd's Q2 FY27 investor presentation — and how it ranks against
Wealth First Por (Q2 FY27)
15.3 crore . Key investor presentation takeaways from Wealth First Portfolio Managers Ltd's Q2 FY27 investor presentation — and how it ranks against sector peer
Max India Ltd (Q2 FY27)
Consolidated revenue for Q2FY27: Rs 95.5 Cr, up 90% YoY and 39% QoQ (Page 29). Key investor presentation takeaways from Max India Ltd's Q2 FY27 investor present

Compare:vs Bajaj Finance vs Bajaj Finserv vs Shriram Finance

🔎 Who's planning the most growth?

Companies ranked by management's own guidance — revenue, margins, capex and order book, from every earnings call in India.

See rankings →