| Revenue growth | FY26 +7.74% YoY; Q4 FY26 +13.96% YoY. |
|---|---|
| Margins | FY26 EBITDA margin 7.68% (+30bps); Q4 margin 9.41% (+115bps). |
| Order book | New contracts include Haldia Dock (₹18cr/3yrs) and Patna Secretariat (₹10.36cr/5yrs). |
| Demand visibility | Strong pipeline in West Bengal and Bihar; recovery in CCTV expected. |
| Management confidence | Confident in achieving ₹500cr+ revenue in FY27. |
Growth
Q4 FY26 revenue grew 13.96% YoY to ₹180.03cr; adjusted FY26 PAT stood at ₹19.12cr excluding exceptional items.
Outlook
FY27 revenue guidance of 12-15% growth; target to cross ₹500cr revenue; focus on CCTV and vocational training recovery.
Risks
One-time regulatory hit from new Labor Codes; high trade receivables of ₹145cr; potential margin pressure from low-cost informal competitors.
Last quarter's promises, checked
Delivered
- Guided 10-12% revenue growth → delivered 13.96% in Q4 (= BEAT)
- Guided 7.5-7.7% EBITDA margin → delivered 7.68% (= BEAT)
- Guided 4.5-4.8% PAT margin → delivered 4.76% adjusted for one-offs (= BEAT)
Partly delivered
- Guided 10-15% CCTV revenue growth → delivered recovery but impacted by licensing delays (= PARTIAL)
Missed
- Guided debt reduction to 40% D/E → delivered high cash credit levels (= MISS)
Earnings Call filed with BSE, BSE: 544495. Summary written with AI assistance from the document.
NIS Management Ltd: key numbers
- Share price
- ₹51.25
- Market cap
- ₹101.5 Cr
- Revenue (annual)
- ₹433.4 Cr
- Net profit (annual)
- ₹-1.85 Cr
- P/E (TTM)
- -54.7×Sector 46.8×
- Promoter holding
- 69.63%+0.00% QoQ
- FII holding
- 2.22%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
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