Latest news with #AmitGoenka
Mint
2 days ago
- Business
- Mint
BSE SME stock Nisus Finance jumps after Q1 results 2025. Check details
Shares of BSE SME-listed Nisus Finance Services Co. Ltd (NiFCO) gained nearly 2 percent on Thursday, August 14, hitting an intraday high of ₹ 384 after the company reported strong financial results for the quarter ended June 2025 (Q1FY26). The performance reflected sharp year-on-year growth across revenue, profit, and margins, reinforcing investor confidence in the company's strategic direction. The stock has risen 8 percent so far in August after an almost 27 percent rise in July. Before that, it was in the red for 5 straight months between February and June. It shed 14.5 percent in June, 5.75 percent in May, 3.11 percent in April, 14 percent in March, and 11.6 percent in February. Meanwhile, in January, it was flat, up 0.6 percent. In Q1FY26, Nisus Finance posted a net profit of ₹ 16.85 crore, up 103.55 percent year-on-year, while total income surged 91.49 percent to ₹ 28.72 crore. EBITDA rose 83.19 percent to ₹ 21.69 crore, with the net profit margin improving by 348 basis points to 58.68 percent. The company attributed this growth to higher business volumes across both India and UAE markets, coupled with efficient cost management. During the quarter, NiFCO strengthened its first-mover advantage as India's first listed AIF manager, enhancing governance standards and market access. The RESO-1 fund continued to focus on special situations in the real estate sector, particularly complex self-redevelopment projects delivering 21 percent returns. Leveraging its GIFT City structure—among the first licensed for Overseas Portfolio Investment—the company offered Indian investors compliant access to global opportunities. Additionally, its Dubai entity remains the only Indian-promoted fund to secure global lender leverage. NiFCO also advanced its asset tokenization initiatives through a partnership with Toyow, opening up new liquidity channels and expanding institutional investment reach. The company deployed ₹ 24 crore towards fund setup and fundraising expenses, to be amortized over the fund's life. Increased UAE income also lowered the effective tax rate, boosting PAT margin to 59 percent. Amit Goenka, Chairman & Managing Director, said this was the company's strongest first quarter ever, with revenue and profitability seeing substantial year-on-year gains. He highlighted balanced growth between fund management and advisory businesses, alongside strategic investments in urban redevelopment, plans to acquire a leading construction platform, and global partnerships in asset tokenization. 'This has been our strongest first quarter ever, with revenue growing over 91 percent year on year and profitability more than doubling. We have seen strong momentum in both India and the UAE with a good balance between our fund management and advisory businesses. Our operating costs have stayed in line with our expansion plans, which has allowed us to scale efficiently,' Goenka said. Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.
News18
2 days ago
- Business
- News18
Nisus Posts Highest-Ever Q1, Reports 104 Percent Net Profit Growth
PNNMumbai (Maharashtra) [India], August 14: Nisus Finance Services Co Limited (BSE- NISUS | 544296 | INE0DQN01013) a renowned investment management firm specializing in urban infrastructure and structured finance, has published its Un-audited financial results for Q1 FY26.Q1 FY26 Key Financial Highlight-Total Income of ₹ 28.72 Cr, YoY growth of 91.49%-EBITDA of ₹ 21.69 Cr, YoY growth of 83.19%-Net Profit of ₹ 16.85 Cr, YoY growth of 103.55%-Net Profit Margin of 58.68%, YoY growth of 348 BpsStrengthening First-Mover Advantage Across MarketsNiFCO strengthened its first-mover advantage during the quarter, leveraging its position as India's first listed AIF manager with enhanced governance and market access. The RESO-1 fund maintained its focus on special situations in the real estate sector, including complex self-redevelopment projects delivering ~21% returns. Through its GIFT City structure, among the first licensed for Overseas Portfolio Investment, the company offers Indian investors compliant access to global opportunities, while its Dubai entity remains the only Indian-promoted fund to secure global lender leverage. NiFCO also advanced its early adoption of asset tokenization via a partnership with Toyow, expanding liquidity avenues and institutional investment Operational Highlights:-Strong revenue momentum in Q1 FY26, supported by higher business volumes across both India and UAE markets.-Operating costs aligned with expansion plans; ₹24 Cr deployed towards fund setup and fund-raising expenses, to be amortized over the fund's life.-Increased income from UAE operations lowered the effective tax rate, driving PAT margin to 59%.Commenting on the performance, Mr. Amit Goenka, Chairman & Managing Director of Nisus Finance Services Co Limited said: 'This has been our strongest first quarter ever with revenue growing over 91 percent year on year and profitability more than doubling. We have seen strong momentum in both India and the UAE with a good balance between our fund management and advisory businesses. Our operating costs have stayed in line with our expansion plans which has allowed us to scale efficiently. During the quarter we made significant progress investing in high potential urban redevelopment projects advancing our plans to acquire a leading construction platform and forming global partnerships in asset tokenization. These steps have strengthened our capabilities expanded our reach and reinforced the trust our stakeholders place in us. The results we have delivered this quarter are fully aligned with our growth guidance for the year and we are confident that Nisus is well on track to achieve it."
Forbes
28-07-2025
- Entertainment
- Forbes
The Impact Of ZEE5 Recording 70% Non-Hindi Consumption In 2025
A poster of the Indian film 'Sankranthiki Vasthunam' which earned nearly $35 million worldwide when ... More it released in January this year. After its digital debut on ZEE5, it is among the top most-viewed films on the platform. The Indian streaming platform ZEE5, 70 percent of its content consumption was in non-Hindi languages, President of Digital Businesses and Platforms at Zee Entertainment Enterprises Ltd, Amit Goenka, says in an exclusive interview. Given the significant rise in non-Hindi content consumption, not just in India but worldwide, ZEE5 introduced an interesting subscription plan - based on language interests. The plans are currently running in India, but Goenka asserts they are soon bringing it to the US markets as well. Currently, the plans vary from $10 to $25 depending on the number of languages included in the plan. The changing language dynamics on ZEE5 Mr. Amit Goenka, President - Digital Businesses & Platforms, ZEE (1) - Copy In an era when the public has crossed the language barrier — thanks to subtitles on digital platforms - why would someone go for a specific language-based subscription alone? Goenka believes that while subtitling makes cross-language viewing easier, comfort viewing is eventually about watching content in your own language, every day. 'Our move to become a language-first platform comes from a very simple insight: language isn't just about communication, it's about identity, culture, and belonging. This shift cuts across everything – our content strategy, how the platform looks and feels, and even how we price our plans. It's aimed at India's next wave of digital users, especially in Tier 2 and Tier 3 markets, where this connection to language is even stronger. This approach was also guided by clear consumption patterns on our platform. Today, nearly half of our viewership in India comes from non-Hindi content.' 'At this point, the language-specific subscription plans are live exclusively in India, where the diversity and depth of linguistic preferences are most pronounced. That said, language content consumption is growing rapidly in international markets as well. These markets remain strategically important, and while current offers are India-focused, we may evaluate the opportunity to launch similar language-led propositions in international markets as well,' he says about introducing the plan in the US markets. Elaborating on the year-over-year performance of Hindi content versus non-Hindi (other Indian languages such as Tamil, Telugu, Malayalam, etc.), Goenka says, 'While year-over-year figures vary, one consistent trend we've seen is the rapid rise of non-Hindi content consumption on the platform." He adds that almost 50 percent of the total viewership that ZEE5 registers comes from content in non-Hindi languages. "We see an even more pronounced pattern internationally among diaspora audiences, with non-Hindi consumption growing from 63% in 2023 to nearly 70% in the first half of 2025.' Revealing that Sankranthiki Vasthunam and Ayyana Mane rank on top among standout performers on the platform this year so far, Goenka says, 'Both logged record-breaking openings for Telugu language on our platform. Other strong performers include Identity (Malayalam), Kudumbasthan (Tamil), Max (Kannada), and Hanu-Man (Telugu). These trends reinforce our belief that hyperlocal and culturally relevant stories drive deeper audience engagement and platform loyalty.' Goenka adds that the development is also reshaping the commission, development and production of content—almost like operating seven different studios for the seven key languages 'tailored to the cultural and emotional contexts of their specific audiences.' He insists that the language-led commissioning approach allows them to greenlight projects with a 'sharper audience alignment and creative conviction'. Confirming that the technology in ZEE5 app ensures language is customized as per location, Goenka tells us that the app interface defaults to Tamil if someone logs in from Chennai, with an option to choose the language as well. 'The transformation also goes well beyond content curation. We're now building the platform so that the overall experience in each region is different. The way ZEE5 looks and feels in Maharashtra won't be the same as it does in West Bengal or Tamil Nadu. It's a shift that touches UI, discovery and navigation. We also plan to launch a major user interface/user experience revamp later this year which will bring in much stronger AI-led recommendation and personalization," Goenka concludes. (This conversation has been edited and condensed for clarity.)
Mid East Info
19-06-2025
- Business
- Mid East Info
Nisus Finance invests Dh183 million in two properties, considers Dh669 million more investment in Dubai's real estate
Nisus announces stellar growth with a 55 percent jump in Assets Under Management surpassing IN₹15.72 billion as revenue growing 56 per cent in financial year ending March 31, 2025 Nisus Finance Investment Consultancy FZCO NiFCO Dubai, a fully-owned subsidiary of Nisus Finance Services Company Limited (NIFCO), announced the investment of Dh183 million in two properties in Dubai while it is currently actively evaluating investment to the tune of Dh669 million in new properties. The company is looking forward to a four-fold growth in its Assets Under Management AUM that jumped 55 percent to IN₹15.72 billion US$183.85 million in the financial year ending March 31, 2025, from IN₹10.12 billion US$118.35 million in FY2024. Around 29 percent or IN₹4.55 billion US$53.21 million of the AUM came from its operations in the UAE. NiFCO has also engaged M/S Houlihan Lokey to raise global capital for the UAE and India funds, while it has sanctioned US$68 million Dh250 million for investment in Dubai. It is in advanced discussions for a further US$200 million (Dh730 million) credit limit to deploy in the UAE's high-growth real estate market that will fuel the sector's growth. In addition, NiFCO is in advance stage of discussions on the deployment of a further US$200 million Dh730 million from two prominent global funds. These funds, once deployed, will increase the company's investment by US$468 million Dh1.71 billion this year. In 2024, NIFCO Dubai invested a total of Dh183.35 million including Dh93.85 million IN₹2.3 billion in a project located at the Jumeirah Village Circle (JVC) while it invested a further Dh89.5 million (IN₹2.15 billion) in a property in Furjan Dubai. 'We have already invested Dh183 million in two residential properties in Dubai and are actively evaluating Dh669 million (IN₹15.55 billion) 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,' Amit Goenka, Chairman and Managing Director of Nisus Finance Group NiFCO, says. 'We are currently looking at bigger and more lucrative opportunities in the UAE and the GCC where the opportunities are growing and we want our investor community to benefit from these opportunities.' Nisus Finance meanwhile, reported a 35.5 per cent year-on-year growth in profit after tax reaching IN₹325.8 million (US$3.81 million) in the financial year ending March 31, 2025, compared to IN₹240.5 million (US$2.81 million) recorded in FY2024, on IN₹673 million (US$7.87 million) revenue which jumped 65 percent, compared to IN₹430.4 million (US$5.03 million) recorded in the previous year, due to strong growth in its UAE business carried out through its UAE subsidiary Nisus Finance Investment Consultancy FZCO (NiFCO Dubai). The company's total assets jumped to IN₹1.79 billion (US$20.93 million), up from IN₹491 million (US$5.74 million) in FY2024. The company reported a 42.3 percent Return on Capital Employed (ROCE) while Return on Investment (ROI) reached a healthy 33.3 percent in the last financial year when its Net Worth reached IN₹1.61 billion – reflecting a robust performance. The company's Revenue-to-AUM ratio stood at 4.3 percent while Earnings per Share (EPS) reached IN₹16.31 and Net Asset Value per Share reached IN₹67.31. Nisus Finance last year made some successful marquee exits. It had earlier invested in one of India's first self-redevelopment project in Mumbai. The project, managed by Trilogy Developers, merges two societies into a mixed-use development. Last year, it exited from the project with 21 percent IRR while it also unlocked value with high-yield exit under its Real Estate Special Opportunities Fund (RESO) 1 from a wholly-owned subsidiary of Shapoorji Pallonji Real Estate at 18.74 percent IRR. The company also divested from two projects in Bengaluru, achieving a 19 percent IRR through its Real Estate Credit Opportunities Fund (RECOF) 1. NIFCO also exited from Plotted Development Project Treasure Hills by Treasure Group in Indore with 19 percent IRR. 'Our FY25 performance reflects the strength of our core platform—lean, profitable, and execution-focused. With the IPO success, we are well-positioned to accelerate strategic growth in FY26 and beyond,' Amit Goenka says. 'Robust AUM growth, diversification of revenue base and strengthening of the India and UAE team, enhancing execution and delivery capabilities have been our key growth drivers, supported by targeted expenditure in marketing and brand building during the Initial Public Offering IPO phase, supporting long-term brand equity and visibility have helped us to record such impressive growth.' In India, investments worth IN₹10 billion are under evaluation across high-growth cities like Mumbai, Pune, Bengaluru and Indore covering both performing credit and special situations. The firm aims to drive strong returns and manage risk through strategic market selection and asset diversification. 'In the FY2026, our objective is to achieve IN₹40 billion (US$467.81 million) with total income ranging from IN₹1.2 billion to IN₹1.4 billion (US$16.37 million) while we remain on target to become a global asset manager with US$$1 billion AUM by 2028 through blue ocean strategies to drive multi-dimensional revenue streams by providing investment opportunities across capital stacks,' Amit Goenka says. Nisus leverages a decade of experience, utilising local market expertise and proprietary data to capitalise on emerging trends and consistently deliver superior risk-adjusted returns. NIFCO specialises in urban infrastructure financing and private capital market transactions. The company, along with its subsidiaries and associates, focuses on two main areas: Fund & Asset Management and Transaction Advisory Services. With over a decade of experience in India, Nisus manages IN₹15.72 billion in assets for FY 2025, to deliver gross IRR of more than 19 percent. The Company's RESO fund has been awarded an 'Excellent' rating by Care Edge Advisory, recognising its strong focus on diversified AIF funds and asset management. The company got listed on BSE SME platform on December 11, 2024. About Nisus Finance: Nisus Finance Services Co. Ltd. (NiFCO) is a leading, publicly listed real estate investment firm headquartered in India, with a proven track record of delivering high-yield, performance-driven assets across the country. In line with its global expansion strategy, NiFCO has extended its investor outreach across Southeast Asia, Europe, and the Middle East, bringing its deep sector expertise and innovative financial solutions to the UAE and broader GCC region. As part of this regional growth, NiFCO has launched the 'Nisus High Yield Growth Fund Closed Ended IC' ('Fund'), a DIFC-registered Property Fund and Qualified Investor Fund, incorporated under the laws of the Dubai International Financial Centre (DIFC). The Fund is an incorporated cell of Gateway ICC Limited and is advised by Nisus Finance Investment Consultancy FZCO ('NiFCO Dubai'), located in Dubai, UAE. Gateway Investment Management Services (DIFC) Limited has been appointed as the Fund Manager.
Broadcast Pro
11-06-2025
- Business
- Broadcast Pro
Zee Entertainment unveils transformation into content and technology powerhouse
As part of this strategic transformation, the company unveiled a new and dynamic brand universe for its next phase of growth. Zee Entertainment Enterprises Ltd. ('Z') has announced a significant transformation, repositioning itself as a cutting-edge Content and Technology Powerhouse with a renewed focus on delivering premium content and immersive consumer experiences across entertainment platforms. This strategic pivot reflects the Company's forward-looking vision, as it seeks to drive enhanced performance, profitability, and sustainable growth through innovation and digital integration. In a bold step marking this transformation, Zee introduced a dynamic new brand universe aimed at propelling the company into its next phase of growth. This brand refresh encapsulates Zee's strong ambitions for the future, underpinned by its commitment to continuous innovation and value creation. With a modern design and futuristic appeal, the brand embodies the spirit of a young and emerging India—ambitious, agile, and optimistic. The redesigned identity reflects the Company's deep-rooted legacy, innovative mindset, and future-ready approach, reinforcing its long-standing relationship with consumers over the past three decades. Through this evolution, Zee aims to inspire trust and deliver rich, meaningful entertainment experiences globally, while integrating advanced technology across its content creation, distribution, and monetisation ecosystems. The unveiling of the new brand universe took place during the Zee Cine Awards 2025, with CEO Punit Goenka leading the launch in the presence of industry stalwarts and stakeholders. As part of this strategic rollout, all Zee channels and platforms officially adopted the new branding on June 7, 2025, coinciding with the televised event. Sharing his thoughts on the new brand universe, Punit Goenka, CEO, Zee Entertainment Enterprises Ltd. said: 'As we embark on a phase of growth backed by a robust focus on content and technology, the new look envisioned for the Company is futuristic, dynamic and agile; which is a firm representation of our team's capabilities to capitalize on the emerging opportunities. It also reflects our commitment to embrace emerging technologies to enhance the overall consumer experience. The new brand universe underscores our bold spirit and resolve to remain agile and adaptive in a fast-evolving landscape. Our brand promise of 'Yours Truly, Z' reflects the Company's consumer-centric approach and its commitment to consistently deliver meaningful entertainment experiences. The brand pillars have been crafted in line with our rich value system, and will serve as our north star, guiding the Company in achieving the targeted aspirations to build a robust growth trajectory for the next century. We firmly believe this new approach exemplifies our relentless pursuit for excellence by taking accountability for results and innovating to deliver purposeful business outcomes.' Amit Goenka, President, Zee International, Digital Business & Platforms, remarked: 'This new chapter in Z's journey reflects our ambition to lead the next era of global entertainment. By blending creativity with cutting-edge technology, we are unlocking new possibilities across markets, delivering content that resonates across borders and generations.' In the letter written to its valuable viewers, 'Z' expressed: 'I promise to make you laugh louder, dream bigger and feel more deeply in every moment and through every experience. After all, life is not about counting the beats of your heart, but counting the moments that make your heart beat!' Expressing gratitude towards the employees, 'Z' said, 'The magic that we bring alive together is unmatched. But the most beautiful part of our story is not what we have achieved together, but the journey we have undertaken to achieve it. You are not just a part of this journey; you are the journey. Let us keep narrating stories that matter, creating moments that last and shaping a future that shines as brightly as you do!' The new brand design incorporates vibrant hues and a cohesive visual identity that captures India's cultural richness while embracing a global outlook. This visual transformation supports the brand's architecture, resonating deeply with audiences across languages and regions. Zee's transformation is anchored by three core pillars: Purpose, Vision, and Mission. Its stated purpose is 'to enrich the lives of people around the world by creating extraordinary moments, which celebrate the power of optimism and togetherness.' The vision reflects a drive to 'bring about a positive change in people's lives through purposeful entertainment,' while the mission commits to 'creating value for all stakeholders with a sharp focus on delivering world-class infotainment.' With over 30 years of legacy as a pioneering Indian media brand, Zee is reaffirming its leadership role in the entertainment sector. By enhancing capabilities across its business and integrating innovative technology into its operations, Zee is positioning itself at the forefront of a rapidly evolving industry, set to redefine the future of entertainment on a global scale.
