Nisus Finance doubles income as Dubai assets surge 223% in FY 2026

India-listed alternative investment manager Nisus Finance more than doubled its total income in FY 2026, led by strong growth in its UAE operations and expanding assets under management (AUM), as per a press release. The company reported a total revenue of AED 54.24 mn (USD 14.78 mn) for the year ended 31 March, up 109.6% y-o-y. New income after tax rose 108% y-o-y to AED 26 mn (USD 7.1 mn).

Dubai assets fuel expansion: The firm’s AUM increased 67% y-o-y to AED 1 bn (USD 275.8 mn), while Dubai-focused AUM surged 223% to AED 583.2 mn (USD 158.9 mn). The growth came on the back of investments in income-generating residential assets and higher-yield opportunities across the emirate.

Why it matters: Despite disruptions caused by the war during 4Q, the company said its UAE portfolio recorded no impairments and continued to appreciate in value. Nisus aggressively expanded its Dubai investment footprint while vertically integrating an asset-heavy construction company back in India — acquiring a majority stake in construction firm NCCCL, expanding its urban infrastructure platform. The NCCCL, a Nisus subsidiary, launched UAE operations to serve as a wider GCC hub for construction, infrastructure, and real estate activities, with a phased expansion strategy focused on partnerships and cross-border projects.