As enclosed herewith.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Nukleus Office Solutions reported strong FY26 results with total income of Rs 36.19 crores (up 25.49% YoY) and EBITDA of Rs 9.17 crores (up 38.12% YoY), demonstrating improved operational leverage. PAT stood at Rs 2.14 crores. The company operates 25 centers across Delhi NCR and Bengaluru with approximately 7.3 lakh sq ft under management and 85% occupancy. Management highlighted that managed office segment is growing faster (30-40% annually) compared to co-working (10% annually), with the revenue mix shifting from 70:30 to near 50:50. The company is expanding from 3.5 lakh operational sq ft to 10 lakh sq ft, targeting 1 million sq ft operational by year-end. Technology initiatives including AI-powered customer engagement and smart inventory management have improved lead conversion and reduced turnaround times. Management expects to grow to 70% managed office portfolio in coming years.
The company shows strong execution with EBITDA growing faster than revenue, driven by technology integration and operational efficiencies. The strategic shift toward higher-margin managed office solutions and GCC client focus positions the company for continued growth, though investors should monitor the rapid expansion and debt levels.