Nisus Finance Invests DHS183 Million In Dubai Properties, Plans Additional DHS669 Million Investment

NiFCO Dubai, a wholly-owned entity of Nisus Finance Services Company Limited (NIFCO), made a significant move by investing DHS183 million in two Dubai properties and is considering an additional investment of DHS669 million in new properties.

The company has also successfully raised capital, with $68 million already allocated for Dubai investments and discussions ongoing for a $200 million credit facility to further support its growth in the region.

The firm's financial performance has seen remarkable growth, with a 55% increase in Assets Under Management (AUM) to IN₹15.72 billion in the fiscal year ending March 31, 2025, from IN₹10.12 billion the previous year.

This surge is partly due to its successful operations in the UAE, which contributed 29%, or IN₹4.55 billion, to the total AUM. With such robust financial health, Nisus Finance is poised for further expansions and investments, particularly in the high-growth markets of the UAE and GCC.

Amit Goenka, Chairman and Managing Director of Nisus Finance Group, shared their strategy, "We have already invested DHS183 million in two residential properties in Dubai and are actively evaluating DHS669 million in investments across residential and commercial projects in prime Dubai locations like JVC, Al Barsha, Sports City, and DIP. These strategic moves aim to unlock high-yield opportunities and fuel strong growth."

Nisus Finance has engaged the services of M/S Houlihan Lokey to attract global capital for its UAE and India funds, marking a significant step towards expanding its financial base and enhancing its investment capabilities in these regions.

Nisus Finance reported a significant 35.5% increase in profit after tax, reaching IN₹325.8 million for the fiscal year ending March 31, 2025, compared to IN₹240.5 million in the previous year.

This performance, driven by a 65% jump in revenue to IN₹673 million, reflects the company's strong growth, particularly in its UAE business.

The company's total assets saw a remarkable rise to IN₹1.79 billion, up from IN₹491 million in the previous fiscal year, highlighting its financial strength and robust performance.

The company showcased impressive returns, with a 42.3% Return on Capital Employed (ROCE) and a 33.3% Return on Investment (ROI) in the last financial year.

These metrics, along with a Revenue-to-AUM ratio of 4.3% and strong Earnings per Share (EPS) and Net Asset Value per Share figures, illustrate Nisus Finance's strong financial health and operational efficiency.

Nisus Finance's strategic exits from high-yield investments, including one of India's first self-redevelopment projects in Mumbai and other high-return projects in Bengaluru and Indore, demonstrate its adeptness at identifying and capitalizing on profitable opportunities.

Nisus Finance aims to achieve a four-fold increase in its AUM by the fiscal year 2026, with plans to reach IN₹40 billion and total income between IN₹1.2 billion and IN₹1.4 billion.

Amit Goenka emphasises the goal of becoming a global asset manager with $1 billion AUM by 2028, leveraging blue ocean strategies to diversify revenue streams across various investment opportunities.

In India, Nisus Finance is evaluating investments worth IN₹10 billion across cities like Mumbai, Pune, Bengaluru, and Indore, focusing on both performing credit and special situations.

The company, specialising in urban infrastructure financing and private capital market transactions, along with its subsidiaries and associates, focuses on Fund & Asset Management and Transaction Advisory Services.