Nisus Finance Services Co Ltd — Important, 04-10-2025: Company Update

Nisus Finance Services Co Limited (NiFCO) has received an Issuer Rating of CARE BBB+ with a Stable outlook from CARE Ratings. The rating reflects NiFCO's experienced leadership, healthy assets under management (AUM) growth, strong profitability driven by an asset-light model, and low debt levels post-IPO. Key strengths include an AUM of ₹1,572 Cr in FY25, total income of ₹67.30 Cr, and PAT of ₹32.58 Cr. Concerns noted are its modest scale of operations, limited track record of full fund-cycle exits, and concentration in real estate private credit. Sustaining AUM growth and diversifying offerings will be key monitorables for the company.