A prominent player in the Indian finance sector is making a significant move into the UAE real estate market. This article covers their groundbreaking initiative to tokenise up to $500 million worth of property assets using blockchain technology. The venture promises to transform real estate investment and capital raising in the region, aligning with major global growth trends.
Nisus Finance Services Limited’s stock, with a market capitalisation of Rs. 712.54 crores, rose to Rs. 298.45, hitting the intraday upper circuit, up 5 percent from its previous closing price of Rs. 284.25. Furthermore, the stock over the past year has given a return of 26 percent.
Tokenised Real estate
Tokenised real estate involves converting property ownership into digital tokens on a blockchain. Each token represents a fraction of the property, enabling easier trading, increased liquidity, and broader investor access. Smart contracts manage transactions, ensuring transparency and security while reducing costs and simplifying the investment process.
Nisus Finance has signed an MoU with Toyow to tokenise up to US$500 million in real estate assets via a security token offering (STO). Toyow will offer end-to-end tech support, including blockchain integration and regulatory compliance. This aligns with the UAE’s Web3 goals and growing tokenised real estate market. With institutional-grade compliance and investor access, the initiative aims to transform capital raising and unlock new funding avenues. Tokenised real estate could reach US$1 trillion by 2035, according to Deloitte projections.
Also read: 20% Lower Circuit: Pharma stock crashes after company’s drug fails Phase 2 trial
Management Commentary
“This MoU will help us develop real estate funds on the Web3 blockchain technology platform – that is set to revolutionise investment in real estate in the future. This would be our first such venture, and depending on how the market responds, it will usher in a new era in the UAE’s high-growth real estate market.
STO on a Web3 platform is secure, transparent and set to drive future real estate investment. Property developers are already introducing cryptocurrency and tokenisation as new channels of payment and raising funds. We are taking it a step forward by creating funds to accelerate the growth of the real estate market,” – Amit Goenka, Chairman and Managing Director of Nisus Finance Group (NiFCO), said.
Financial highlight
In H2FY25, the company reported revenue of Rs. 32.70 crore, up 5.7 percent YoY from Rs. 30.94 crore in H2FY24 but marginally lower than Rs. 32.91 crore in H1FY25. Despite the slight sequential dip, the revenue has largely remained stable, supported by a strong 3-year sales CAGR of 109 percent.
Net profit in H2FY25 stood at Rs. 13.71 crore, declining 27.4 percent YoY from Rs. 18.90 crore in H2FY24 and 27.3 percent from Rs. 18.87 crore in H1FY25. While profitability has softened in recent months, the company maintains robust fundamentals with a 3-year profit CAGR of 192 percent and ROE CAGR of 46 percent.
Written By Fazal Ul Vahab C H
Disclaimer
The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.
