NIS Management Highlights ₹120 Cr Orders Since IPO at First AGM

NIS Management Limited, a diversified services provider, held its first Annual General Meeting (AGM) since its IPO, highlighting significant growth and strategic priorities. The company reported FY26 total income of ₹436.70 crore, a 7.74% increase from FY25, with EBITDA growing 12.19% to ₹33.53 crore. NIS secured over ₹120.14 crore in work orders since its listing in September 2025, expanding its client base across government and private sectors. Key orders include significant contracts from Reliance Group, Bihar government departments, and West Bengal entities. The company also reported a strong start to FY27 with total income up 15.68% year-on-year and aims to cross ₹500 crore in consolidated revenue for FY27. ICRA reaffirmed its short-term rating at A2 and revised its long-term outlook to BBB+ Positive.