Will raise its total UAE deployment to Dh1.71 billion (US$468 million) in 2025 alone.
Nisus Finance Investment Consultancy FZCO (NiFCO Dubai), a wholly owned subsidiary of Nisus Finance Services Company Limited (NIFCO), has announced a significant investment of Dh183 million in two residential properties in Dubai, while it actively evaluates further investments of Dh669 million in the emirate’s high-growth real estate sector.
The announcement comes amid a year of remarkable growth for the company, with Assets Under Management (AUM) jumping 55% to IN₹15.72 billion (US$183.85 million) in FY2025, up from IN₹10.12 billion (US$118.35 million) in FY2024. Of this, IN₹4.55 billion (US$53.21 million)—or nearly 29%—came from its UAE operations.
NiFCO Dubai’s current portfolio includes a Dh93.85 million investment in a project at Jumeirah Village Circle (JVC) and another Dh89.5 million in Furjan. The firm is also exploring projects in Al Barsha, Sports City, and Dubai Investment Park (DIP).
To further expand its footprint, NiFCO has partnered with M/S Houlihan Lokey to raise global capital for its India and UAE funds. It has already sanctioned Dh250 million (US$68 million) for additional UAE investments and is in advanced discussions for US$200 million (Dh730 million) in credit, along with a further US$200 million (Dh730 million) from two global funds. If finalized, these will raise its total UAE deployment to Dh1.71 billion (US$468 million) in 2025 alone.
“These strategic moves aim to unlock high-yield opportunities and fuel strong growth,” said Amit Goenka, Chairman and Managing Director of Nisus Finance Group.
Strong Financial Results for FY2025
Nisus Finance reported a 65% rise in revenue to IN₹673 million (US$7.87 million) in FY2025, compared to IN₹430.4 million in FY2024. Profit after tax rose 35.5% to IN₹325.8 million (US$3.81 million) from IN₹240.5 million in FY2024.
Return on Capital Employed (ROCE): 42.3%
Return on Investment (ROI): 33.3%
Net Worth: IN₹1.61 billion
Revenue-to-AUM ratio: 4.3%
Earnings per Share (EPS): IN₹16.31
Net Asset Value per Share: IN₹67.31
The company’s total assets surged to IN₹1.79 billion (US$20.93 million), up from IN₹491 million in FY2024.
Successful Exits & Future Plans
In India, Nisus achieved strong returns through successful exits in Mumbai, Bengaluru, and Indore. Highlights include:
21% IRR from a mixed-use redevelopment in Mumbai
18.74% IRR from a Shapoorji Pallonji Real Estate project
19% IRR from Bengaluru and Indore projects under RECOF 1
The company plans to evaluate investments worth IN₹10 billion in India across Mumbai, Pune, Bengaluru, and Indore.
Looking ahead, Nisus aims to reach IN₹40 billion (US$467.81 million) in AUM and IN₹1.2–1.4 billion (US$16.37 million) in total income in FY2026, with a goal to manage US$1 billion in assets by 2028.
“Our FY25 performance reflects the strength of our core platform—lean, profitable, and execution-focused,” Goenka said. “We are positioning ourselves as a global asset manager through strategic diversification and capital stack-based investment strategies.”
About Nisus Finance
NIFCO specializes in urban infrastructure financing and private capital market transactions, with operations spanning Fund & Asset Management and Transaction Advisory. Its RESO Fund recently received an ‘Excellent’ rating from Care Edge Advisory and the company was listed on the BSE SME platform on December 11, 2024.
