Nisus Finance Services Co. Ltd. has delivered its strongest half-year performance to date, with H1FY26 results surpassing full-year FY25 figures and signalling a new phase of scale and growth for the company. Revenue from core operations reached Rs 748.9 million in H1FY26, exceeding the Rs 673 million recorded in the whole of FY25. Consolidated revenue including New Consolidated Construction Co. Ltd. (NCCCL) rose to Rs 1.423 billion, a sharp increase from Rs 343.6 million in H1FY25. Sequential momentum remained strong, with Q2FY26 revenue of Rs 461.7 million, up 61 per cent from Rs 287.2 million in Q1FY26. Growth was driven by investment gains, increased transaction volumes and higher contributions from India and the UAE. Consolidated EBITDA reached Rs 620 million, with ex-NCCCL margins at around 74 per cent, among the highest in the industry. Profit after tax stood at Rs 356 million, supported by disciplined cost control, diversified income streams and strong operating leverage. Managing Director Amit Goenka said the results reflect disciplined execution and the benefits of a diversified strategy across geographies, asset classes and business lines. He added that the acquisition of NCCCL, expansion in Dubai and a strengthened capital base have positioned Nisus as a “diversified alternative-investment and infrastructure platform with a global edge”. NCCCL Acquisition and Platform Expansion The acquisition and integration of NCCCL marked a major milestone, creating a fully integrated urban infrastructure platform that spans financing, asset management and execution. NCCCL delivered FY25 revenue of Rs 6.08 billion and has an order book exceeding Rs 23.5 billion across more than 30 projects with top-tier developers. The company aims to double the order book to Rs 50 billion, supported by higher-margin segments including data centres, hospitals, institutional buildings, Grade-A offices and industrial facilities. International Growth and Dubai Investment Nisus made its largest global investment to date with the acquisition of a 24-storey residential tower in Dubai’s Motor City for Rs 5.25 billion. The asset, purchased at a significant discount to market value, offers a rental upside of 38 per cent and a projected IRR of 24–32 per cent. The deal strengthens Nisus’s GCC investment strategy and positions Dubai as a core hub for its global real-estate business. Strengthened Financial Position and Ratings Milestone Nisus became the first Indian AIF to earn a BBB+ rating from CareEdge, reflecting strong governance, a zero-loss investment record and consistent investor returns. The Rs 1.1 billion facility raised for the NCCCL acquisition has already been partly repaid by Rs 600 million through stake sales and internal accruals. Share-pledge levels have fallen to 18–19 per cent, while the company’s own capital contribution in investments has risen from Rs 480 million to Rs 1.06 billion, demonstrating promoter conviction. People, Culture and Recognition Nisus introduced an ESOP scheme for top performers, received recognition from the Global Real Estate Institute for “Fundraising of the Year” for a Rs 1.45 billion fund investment structure, and earned Great Place to Work® certification for 2025. With a scalable model, diversified platform, expanding international presence and strong balance sheet, Nisus Finance said it is well-positioned to sustain growth and deliver long-term value to investors, partners and stakeholders.